Money headaches, a failed builder and non-existent koalas have all starred in Julie McAnally’s latest development epic. Yet despite all the challenges, she’s still on track to make about $148,000 from her latest labour of love…
Julie McAnally, a 43-year-old mother of two, expects to achieve about a 20 per cent return on her triplex development in New South Wales’ coastal city Coffs Harbour. In dollar terms that
represents a $148,000 gain from a net cost of about $750,000. Not a bad result for one year’s work, given the obstacles she had to overcome.
“It has been a fantastic journey doing something I’m passionate about, with lots of opportunities to learn and take this knowledge forward to future developments,” the upbeat business owner says.
“Despite all the ups and downs, I want people to know that you don’t have to be a university graduate to be successful in life. All you need are dreams and 100 per cent belief in whatever you do.”
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Courtesy of Australian Property Investor – March 2012
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