June 17, 2025 • 12 mins
Ready to discover how savvy investors are making $100,000 in just 100 days? Our latest deep dive takes you inside the world of strategic off-the-plan property purchasing, focusing on a golden opportunity that's hiding in plain sight.
We take you through the Havana project in Dee Why – a nearly-completed development that's offering remarkable value compared to current market prices. Through our analysis, we highlight specific properties like a standout level-four courtyard apartment priced at $1.173 million that could potentially be worth $1.35 million upon completion in just three months. This isn't wishful thinking; it's based on our comprehensive market knowledge and recent comparable sales.
The conversation explores the fascinating "banana bump" phenomenon – where the final units in a development establish new price benchmarks, creating instant equity for early purchasers. We delve into market dynamics and explain why the strata market is primed for significant growth after lagging behind house prices for years. The wisdom shared is captured beautifully in our retelling of the Calcutta Diamond story, reminding listeners that exceptional opportunities often exist right under our noses.
Want to find your own diamond in the rough? Listen now to learn how to identify undervalued properties, understand developer pricing strategies, and position yourself to benefit from the coming strata boom. Contact us directly to explore the Havana project floor plans and discover how you could be securing your own slice of immediate equity.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
a hundred thousand dollars in a hundred days.
It's possible with off the plan.
We're gonna give you some tipsthis morning.
Speaker 2 (00:08):
I'm the ringleader.
So let's go.
Morning.
(00:30):
Josh Rapshot.
Mike Novak 100k.
Top of the morning, yeah, topof the morning, yeah.
Speaker 1 (00:41):
What do you think?
Now, this is your topic thismorning.
You were keen to talk aboutthis.
What are you seeing?
What do you know?
Now, this is your topic thismorning.
You were keen to talk aboutthis.
What are you seeing?
What do you know?
Speaker 2 (00:47):
Yeah, well we had a look over the plans of the
Havana project.
If anyone doesn't know, that'sthe new development on the
corner of Oaks and Pitwater Road.
See, we're getting closer andcloser to OC there, guys.
So I believe 1st of September,is that correct, mark Yep?
So right around the corner.
(01:08):
And I thought not too many offthe plan opportunities, most the
ones we talked about 18 months,12 months plus, whereas we're
coming down to a three monthperiod almost to to the
completion of the Havana project.
And, like I said, we're lookingthrough the plans and I thought
why don't we bring up some herostock or some stock that we
thought really stood to thecompletion of the havana project
?
And, like I said, we're lookingthrough the plans and I thought
why don't we bring up some, uh,hero stock or some stock that
(01:29):
we thought really stood out fora chance to buy us, to make some
money?
Speaker 1 (01:34):
what about let's?
What about the attitude of theteam?
Speaker 2 (01:40):
yeah, it was quite surprising.
We did a a bit of an exercisewhere we put prices on things of
where we thought they stood andthen we went back and checked
them against the developerpricing and there was a couple
of standouts where we thoughtreally well priced and an off
the plan opportunity that, likeI said, you're not going to have
(02:00):
to wait too long untilcompletion.
So it's almost like a threemonth settlement in a way.
Mark you know, buying, buyingnow at the moment if you've got
a longer settlement, it's almostlike buying live on market it
reminds me of the um thecalcutta diamond story.
Speaker 1 (02:16):
Have you ever heard that story?
Speaker 2 (02:18):
oh no, please refresh me I'll give you a.
Speaker 1 (02:21):
I'll just give you a really, um, a really brief
version of it.
Um, the story, the story of theCalcutta Diamonds, um, was this
farmer.
He's like this is too hard,this farm's too hard, and he
gets told about diamonds by this, like wizard that comes to his
farm.
He searches everywhere, aroundhis city, around his country and
around the world, and his farmgoes to rack and ruins and his
(02:45):
wife pisses him off.
And, um, he comes back to thefarm five years later and he
sees this farmer, much like him,happy kids working the land,
and he's like man, that was thelife I just should have stuck to
.
That was such a good life.
And he goes up to themantelpiece and he looks at this
, at this diamond on the pant onthe mantelpiece, and goes to
(03:06):
the farmer where did you getthis?
He goes, oh, just the two, justthe rivers at the back, the two
white peaks, the rivers there.
And I got it.
And it was the story of theKolkata diamonds Under your nose
.
Off the plan, money to be made,the diamonds.
Speaker 2 (03:22):
Wow, yeah, well, that definitely relates to think of
this topic this morning because,um, I think we've sniffed out a
few diamonds late, lateyesterday and um wanted to share
viewers this morning to toensure that, uh, people that are
watching in only get educatedbut, uh, opened up to
opportunities on the market thatthey might not thought thought
(03:44):
of are there.
So, yeah, that's exciting stuff.
But I thought, um, I thoughtwe'll start off with an example
of a, a hero within the havana.
Um, we've got a, a quiteinteresting courtyard apartment
that's actually sitting on levellevel four, so it's almost like
a elevated courtyard of suchReally nice apartment.
(04:09):
So it's on level four.
It's a two-bed, one-bath, 69square metres internal, and
you've got about roughly a40-square-metre backyard area,
whether it be a courtyard or thebalcony area itself.
So you're sitting on about 109squares on title and the price
(04:32):
on this is $1.173 million and Ithought that was really well
priced considering what we'veseen a lot of courtyard
apartments go for in DY Are theygoing to make $100,000 in 100
days.
Well, I think for that example,yes, I definitely see a
(04:56):
courtyard apartment of thatstature, brand new, right next
to the Merriton Lighthouse.
You know you're talking 135.
You know that's what I'd beguiding around, those sort of
figures on market, if I wasrepresenting someone now.
So I think there's maybe evenmore than 100 in this specific
unit, especially with the factit being brand new.
(05:18):
A lot of the stock we've beenselling is either you know, the
newest stock with courtyards,and things are in the 2000s, so
you're talking about 25 yearsnewer as well.
Mark, we've been selling iseither you know the newest stock
with Courtyards and things arein the 2000s, so you're talking
about 25 years newer as well,mark no-transcript.
Speaker 1 (05:33):
But what is that with people Like I had and I was
talking with some seniormanagement from Merriton the
other day and you know thecommunity just did not like
Merriton DY when it was in theplanning stage, so against it
Got approved, started gettingbilled People like nah, nah, nah
(05:57):
, nah, nah, nah, not, not, not,not, not, too big, too big, not,
not, not.
And look at it today.
Look how much you know I was.
I was saying they were selling.
The people have made 65 onaverage in six years.
People that have bought, boughtthat property.
So I'm just like, oh my god,that has made so much money so
(06:20):
quickly.
And here is another propertyunder your nose, needle in a
haystack diamond in a rough thecalcutta diamond story.
It is there even under yournose, josh, even under my nose.
We, we did not know that valueand we sat down and just I was
so convinced.
And then I looked at it and Iwas like, oh my God, there's
(06:46):
some crackers in there.
Speaker 2 (06:48):
Yeah, yeah, exactly right, there really is, and I
think it also plays on, you know, the positives of what Meritan,
or a lot of the residents, takeout B-Line bus line is right in
front of your doorstep, allshops, services, medical, all
within walking distance and,like we've seen, yeah, I think
Merriton has been one of thebest additions to the DY centre.
(07:12):
I think Cis could you namesomething else that's probably
come in, that's had this muchimpact, and I think it's been
very positive.
Speaker 1 (07:21):
Definitely not Now.
I think the timing's importantas well.
I think, guys, if you're supersmart, listen to what I'm saying
.
The strata and I've been sayingthis and it's playing out.
You can go back on any of ourpre-recorded stuff.
Six months ago, nine months ago,12 months ago, 18 months ago, I
(07:42):
have been saying houses havedoubled, units have not.
Houses have doubled, units havenot, and I've been saying it
for years that units are goingto have a big run.
We have seen a massive run onunits in the last two months.
We will see a massive run onunits in the last two months.
We will see a massive run onunits the next two years, and
this type of stock is going tobenefit from that.
(08:03):
In addition to what we'retalking about, not only is it a
good buy, not only are peoplefragmented when they buy off the
plan, because this is not afull plan, if almost now,
because it's going to befinished in 12 weeks.
So you're still getting off theplan.
Cheapness, but you're gettingthat finished price.
You're going to get that bumpplus.
You're buying in a in a red hotstrata market definitely.
Speaker 2 (08:28):
Definitely.
Well said, mark.
Yeah, I think it's a realopportunity.
If anyone was looking forsomething, um, this is.
This is an example of a greatbuy.
You're sort of landing yourselfstraight into equity and, like
you said, you're getting thebenefit of your pricing.
That's off the plan, butessentially it's ready and ready
to go within 12 weeks.
So massive opportunity outthere for any keen buyers,
(08:52):
investors.
Where I just see this stocksitting against the rest of the
market currently, which is youknow we're real see this stock
sitting against the rest of themarket currently, which is you
know, we're real low on stocklevels, I think it's great and
it's only going to be a matterof time before these
opportunities are snapped up.
Speaker 1 (09:07):
That's a good point.
That's a great point, you know.
Look at those stock levels thelast month or two.
Now what I want to teach peopleis there's a thing called depth
of market.
So if you look at DY, forinstance, it probably sells 30
to 40 units a month.
What happens when you introduce100 units a month that have to
be sold?
There's only going to be aconsumption of 30 to 40 units.
(09:30):
You can't possibly sell 100units.
The only way to increase thatdepth of market is by heavy
discounting.
So these developers discountthis stock because they realise
they simply can't sell that 100units in a month.
They just can't.
There's only 30, 40 selling andthat stock's always coming on.
(09:51):
So the depth of market with Offthe Plan is great and what it
actually creates is a thing Icall the banana bump.
And the banana bump is thatwhat it does when the last one's
sold in the building?
Josh, you sold the last one inJubilee 15 Jubilee warehouse and
(10:13):
all the other warehouses wereselling for what the last one
sold, for what that's called thebanana bump.
Tell us more.
Speaker 2 (10:21):
Yeah, so last all the warehouses were selling for
about $1.98.
I think towards the end of toends of negotiations we landed a
one, two, five, so um inclusivegst there.
But yeah, big, big bump, umconsidering 15.
Yeah, exactly how many weeks ina matter?
(10:45):
Well, the last sale before thatwas was two weeks ago so, but
prior to that the last one.
So supply and demand uh, lesssupply demand's always there in
the Northern Beaches.
So as that supply comes down,just like we're seeing in stock
levels, you'll start to seethose prices increase as well.
So I think this is a greatopportunity where you're
(11:06):
potentially not competingagainst other buyers here as
well.
It's first in best dressed.
Speaker 1 (11:13):
It's fatigued, fatig, it's fatigued, fatigued,
fatigued stock.
People get used to having thestock for sale and around, and
when it's gone, it's gone.
Everyone's like, oh my god, Ishould have bought one, and
there's that banana bump at theend, there's that banana bump at
the end.
So, guys and girls, that is howyou can make a hundred thousand
in a hundred days.
If you are out in themarketplace and you're buying
(11:34):
something, enjoying the bananabump, finding the diamond in the
rough, finding the needle inthe haystack and off the plan um
, and benefiting from it, talkto us.
We will hold your hand and stepyou through what we know are
exceptional buyers.
Speaker 2 (11:49):
That's what we're going to do exactly exactly big
opportunity guys, specificallythat courtyard apartment that I
really like.
If you'd like to look at theindividual floor plan or know a
little bit more about the Havanaproject, please feel free to
reach out.
I think this is an opportunitynot to be missed.
Go on, Josh.
Speaker 1 (12:08):
Good spot, good spot.
Thank you See.
You guys have a great day.
We'll see you next time.
a hundred thousand dollars in a hundred days.
It's possible with off the plan.
We're gonna give you some tipsthis morning.
Speaker 2 (00:08):
I'm the ringleader.
So let's go.
Morning.
(00:30):
Josh Rapshot.
Mike Novak 100k.
Top of the morning, yeah, topof the morning, yeah.
Speaker 1 (00:41):
What do you think?
Now, this is your topic thismorning.
You were keen to talk aboutthis.
What are you seeing?
What do you know?
Now, this is your topic thismorning.
You were keen to talk aboutthis.
What are you seeing?
What do you know?
Speaker 2 (00:47):
Yeah, well we had a look over the plans of the
Havana project.
If anyone doesn't know, that'sthe new development on the
corner of Oaks and Pitwater Road.
See, we're getting closer andcloser to OC there, guys.
So I believe 1st of September,is that correct, mark Yep?
So right around the corner.
(01:08):
And I thought not too many offthe plan opportunities, most the
ones we talked about 18 months,12 months plus, whereas we're
coming down to a three monthperiod almost to to the
completion of the Havana project.
And, like I said, we're lookingthrough the plans and I thought
why don't we bring up some herostock or some stock that we
thought really stood to thecompletion of the havana project
?
And, like I said, we're lookingthrough the plans and I thought
why don't we bring up some, uh,hero stock or some stock that
(01:29):
we thought really stood out fora chance to buy us, to make some
money?
Speaker 1 (01:34):
what about let's?
What about the attitude of theteam?
Speaker 2 (01:40):
yeah, it was quite surprising.
We did a a bit of an exercisewhere we put prices on things of
where we thought they stood andthen we went back and checked
them against the developerpricing and there was a couple
of standouts where we thoughtreally well priced and an off
the plan opportunity that, likeI said, you're not going to have
(02:00):
to wait too long untilcompletion.
So it's almost like a threemonth settlement in a way.
Mark you know, buying, buyingnow at the moment if you've got
a longer settlement, it's almostlike buying live on market it
reminds me of the um thecalcutta diamond story.
Speaker 1 (02:16):
Have you ever heard that story?
Speaker 2 (02:18):
oh no, please refresh me I'll give you a.
Speaker 1 (02:21):
I'll just give you a really, um, a really brief
version of it.
Um, the story, the story of theCalcutta Diamonds, um, was this
farmer.
He's like this is too hard,this farm's too hard, and he
gets told about diamonds by this, like wizard that comes to his
farm.
He searches everywhere, aroundhis city, around his country and
around the world, and his farmgoes to rack and ruins and his
(02:45):
wife pisses him off.
And, um, he comes back to thefarm five years later and he
sees this farmer, much like him,happy kids working the land,
and he's like man, that was thelife I just should have stuck to
.
That was such a good life.
And he goes up to themantelpiece and he looks at this
, at this diamond on the pant onthe mantelpiece, and goes to
(03:06):
the farmer where did you getthis?
He goes, oh, just the two, justthe rivers at the back, the two
white peaks, the rivers there.
And I got it.
And it was the story of theKolkata diamonds Under your nose
.
Off the plan, money to be made,the diamonds.
Speaker 2 (03:22):
Wow, yeah, well, that definitely relates to think of
this topic this morning because,um, I think we've sniffed out a
few diamonds late, lateyesterday and um wanted to share
viewers this morning to toensure that, uh, people that are
watching in only get educatedbut, uh, opened up to
opportunities on the market thatthey might not thought thought
(03:44):
of are there.
So, yeah, that's exciting stuff.
But I thought, um, I thoughtwe'll start off with an example
of a, a hero within the havana.
Um, we've got a, a quiteinteresting courtyard apartment
that's actually sitting on levellevel four, so it's almost like
a elevated courtyard of suchReally nice apartment.
(04:09):
So it's on level four.
It's a two-bed, one-bath, 69square metres internal, and
you've got about roughly a40-square-metre backyard area,
whether it be a courtyard or thebalcony area itself.
So you're sitting on about 109squares on title and the price
(04:32):
on this is $1.173 million and Ithought that was really well
priced considering what we'veseen a lot of courtyard
apartments go for in DY Are theygoing to make $100,000 in 100
days.
Well, I think for that example,yes, I definitely see a
(04:56):
courtyard apartment of thatstature, brand new, right next
to the Merriton Lighthouse.
You know you're talking 135.
You know that's what I'd beguiding around, those sort of
figures on market, if I wasrepresenting someone now.
So I think there's maybe evenmore than 100 in this specific
unit, especially with the factit being brand new.
(05:18):
A lot of the stock we've beenselling is either you know, the
newest stock with courtyards,and things are in the 2000s, so
you're talking about 25 yearsnewer as well.
Mark, we've been selling iseither you know the newest stock
with Courtyards and things arein the 2000s, so you're talking
about 25 years newer as well,mark no-transcript.
Speaker 1 (05:33):
But what is that with people Like I had and I was
talking with some seniormanagement from Merriton the
other day and you know thecommunity just did not like
Merriton DY when it was in theplanning stage, so against it
Got approved, started gettingbilled People like nah, nah, nah
(05:57):
, nah, nah, nah, not, not, not,not, not, too big, too big, not,
not, not.
And look at it today.
Look how much you know I was.
I was saying they were selling.
The people have made 65 onaverage in six years.
People that have bought, boughtthat property.
So I'm just like, oh my god,that has made so much money so
(06:20):
quickly.
And here is another propertyunder your nose, needle in a
haystack diamond in a rough thecalcutta diamond story.
It is there even under yournose, josh, even under my nose.
We, we did not know that valueand we sat down and just I was
so convinced.
And then I looked at it and Iwas like, oh my God, there's
(06:46):
some crackers in there.
Speaker 2 (06:48):
Yeah, yeah, exactly right, there really is, and I
think it also plays on, you know, the positives of what Meritan,
or a lot of the residents, takeout B-Line bus line is right in
front of your doorstep, allshops, services, medical, all
within walking distance and,like we've seen, yeah, I think
Merriton has been one of thebest additions to the DY centre.
(07:12):
I think Cis could you namesomething else that's probably
come in, that's had this muchimpact, and I think it's been
very positive.
Speaker 1 (07:21):
Definitely not Now.
I think the timing's importantas well.
I think, guys, if you're supersmart, listen to what I'm saying
.
The strata and I've been sayingthis and it's playing out.
You can go back on any of ourpre-recorded stuff.
Six months ago, nine months ago,12 months ago, 18 months ago, I
(07:42):
have been saying houses havedoubled, units have not.
Houses have doubled, units havenot, and I've been saying it
for years that units are goingto have a big run.
We have seen a massive run onunits in the last two months.
We will see a massive run onunits in the last two months.
We will see a massive run onunits the next two years, and
this type of stock is going tobenefit from that.
(08:03):
In addition to what we'retalking about, not only is it a
good buy, not only are peoplefragmented when they buy off the
plan, because this is not afull plan, if almost now,
because it's going to befinished in 12 weeks.
So you're still getting off theplan.
Cheapness, but you're gettingthat finished price.
You're going to get that bumpplus.
You're buying in a in a red hotstrata market definitely.
Speaker 2 (08:28):
Definitely.
Well said, mark.
Yeah, I think it's a realopportunity.
If anyone was looking forsomething, um, this is.
This is an example of a greatbuy.
You're sort of landing yourselfstraight into equity and, like
you said, you're getting thebenefit of your pricing.
That's off the plan, butessentially it's ready and ready
to go within 12 weeks.
So massive opportunity outthere for any keen buyers,
(08:52):
investors.
Where I just see this stocksitting against the rest of the
market currently, which is youknow we're real see this stock
sitting against the rest of themarket currently, which is you
know, we're real low on stocklevels, I think it's great and
it's only going to be a matterof time before these
opportunities are snapped up.
Speaker 1 (09:07):
That's a good point.
That's a great point, you know.
Look at those stock levels thelast month or two.
Now what I want to teach peopleis there's a thing called depth
of market.
So if you look at DY, forinstance, it probably sells 30
to 40 units a month.
What happens when you introduce100 units a month that have to
be sold?
There's only going to be aconsumption of 30 to 40 units.
(09:30):
You can't possibly sell 100units.
The only way to increase thatdepth of market is by heavy
discounting.
So these developers discountthis stock because they realise
they simply can't sell that 100units in a month.
They just can't.
There's only 30, 40 selling andthat stock's always coming on.
(09:51):
So the depth of market with Offthe Plan is great and what it
actually creates is a thing Icall the banana bump.
And the banana bump is thatwhat it does when the last one's
sold in the building?
Josh, you sold the last one inJubilee 15 Jubilee warehouse and
(10:13):
all the other warehouses wereselling for what the last one
sold, for what that's called thebanana bump.
Tell us more.
Speaker 2 (10:21):
Yeah, so last all the warehouses were selling for
about $1.98.
I think towards the end of toends of negotiations we landed a
one, two, five, so um inclusivegst there.
But yeah, big, big bump, umconsidering 15.
Yeah, exactly how many weeks ina matter?
(10:45):
Well, the last sale before thatwas was two weeks ago so, but
prior to that the last one.
So supply and demand uh, lesssupply demand's always there in
the Northern Beaches.
So as that supply comes down,just like we're seeing in stock
levels, you'll start to seethose prices increase as well.
So I think this is a greatopportunity where you're
(11:06):
potentially not competingagainst other buyers here as
well.
It's first in best dressed.
Speaker 1 (11:13):
It's fatigued, fatig, it's fatigued, fatigued,
fatigued stock.
People get used to having thestock for sale and around, and
when it's gone, it's gone.
Everyone's like, oh my god, Ishould have bought one, and
there's that banana bump at theend, there's that banana bump at
the end.
So, guys and girls, that is howyou can make a hundred thousand
in a hundred days.
If you are out in themarketplace and you're buying
(11:34):
something, enjoying the bananabump, finding the diamond in the
rough, finding the needle inthe haystack and off the plan um
, and benefiting from it, talkto us.
We will hold your hand and stepyou through what we know are
exceptional buyers.
Speaker 2 (11:49):
That's what we're going to do exactly exactly big
opportunity guys, specificallythat courtyard apartment that I
really like.
If you'd like to look at theindividual floor plan or know a
little bit more about the Havanaproject, please feel free to
reach out.
I think this is an opportunitynot to be missed.
Go on, Josh.
Speaker 1 (12:08):
Good spot, good spot.
Thank you See.
You guys have a great day.
We'll see you next time.
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