We have just purchased a house on a 1200 sq m block.
We are going to split the block and sell the 600 sq m block
at a latter date.We would appreciate some suggestions on what we can do
to gain some income from the block, (to increase our bottom line)
until we sell it .Is placing self storage appropriate in a township location, (zoning is 2V)
Where can I obtain the appropriate price to charge for billboard advertising?
Regards
DarylHi Daryl,
You could consider letting people park their boats, caravans, horse floats on your land but this can get a bit messy particularly if the neighbours don't like it or if one of the boarding vehicles goes on the missing list. You would (should) also get planning permission from your local council to do this and of course this too cost money. If you were considering taking the path of placing self storage sheds in situ, this too is ideal for a township area but again there is council approval required and the cost of building the storage sheds.
As for the gathering of information as to the cost of billboard advertising, why not just phone one of the big companies to see what they charge?
Is there a reason as to why you are considering holding onto the land until some later date?
I wish you well.
Debbie
Hi,
I think the answer lies in the need of the local community.
Sure – temp. self storage, or any temp. storage, seems like the most logical choice. Make sure you investigate insurance issues though.
Otherwise, you may find a local business has need of the land for some reason or another. Can’t hurt to ask around.
Billboards can be expensive to erect and will need planning and building permits. Look in the yellow pages under billboard advertising, or advertising and call a large local ad company.
All the best,
Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
You must be logged in to reply to this topic. If you don't have an account, you can register here.
