All Topics / Value Adding / Is strata different to subdividing

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  • Profile photo of CanberraClaireCanberraClaire
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    @canberraclaire
    Join Date: 2005
    Post Count: 47
    January 17, 2009 - 10:24 am

    Hi
    I'm going to ask the obvious question and get it sorted out.
    I have a block with 4 units that I want to sell on individual titles. The council planning document says minimum lot size for subdivision is 600m2, which is a problem as if I divided into 4, they would be about 380m2 each.

    If I strata title them, is this the same as doing a subdivision? Is there a way I can sell them individually?

    Thanks

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    Profile photo of Scott No MatesScott No Mates
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    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856
    January 17, 2009 - 12:41 pm

    Strata is a form of subdivision. Subdivision is permissible if the zoning & planning instruments permit. You may need specialist town planning input to help your case.

    Profile photo of TerrywTerryw
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    @terryw
    Join Date: 2001
    Post Count: 16,213
    January 17, 2009 - 12:45 pm

    Strata is when you 'sub-divide' the block into individual strata titles ie individual parts of one building can have separate titles.. Each block could be sold separately. Each part would be a 'lot' of the strata plan.

    But with land if you were to sub-divide it, each piece would have its own title. totally separate.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
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