I have an old house as an IP and will probably knock down and rebuild.
I cannot subdevide on the land as my council has a 900sqm minimum.Is it a good investment to build a duplex and rent both out or possibly live in one?. I ask this with capital growth in mind as think of this as very important.
would a single dwelling be as good?
The council may allow you to do a dual occupancy development, ….. give the council town planning dept a call and have a chat.
We had a similar issue with Ipswich council, …. they wouldn't allow us to do a sub-division, but dual occupancy/duplex was fine. Crazy really …… we can build a 4,2,2 second house (existing is 3,1,1) on the land as a dual occupancy (800m2) development, but we can't sub-divide as we need minimum of 900m2 ….. can you work that one out.
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