All Topics / Help Needed! / Triplex Development in in Perth Metro (WA)

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  • Profile photo of NovellNovell
    Member
    @novell
    Join Date: 2012
    Post Count: 1

    Hello all,

    Me & My wife are interested in triplex development. We've just started looking for land (730sq m+) in Perth Metro area (inner suburbs). We are new to IP.

    Could you please assist us with the following details:

    1. What's the process involved (council approvals, surveying etc.,) 
    2. List of expenses involved?
    3. How much it will costs to demolish & sub-divide a land in WA?
    4. How much it would costs to build an unit (total area: 200-210 approx; Build area: 100-135 sqm approx)
    5. (We want to build units that are of good value as well.)

    6. Average time to complete the project?
    7. Any ideas/strategies that can save costs (including for CGT)
    8. Any specific suburbs that are doing well (or) where I can look out for triplex blocks
    9. If you have already developed a triplex, please share your experiences (pros/cons) (e.g.
    10. What are the things that I have to be careful about when working on a project like this?)

    Look forward to your help. Very much appreciated.

    Thanks for your time

    Novell.

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