All Topics / Value Adding / Splitting my investment property into 2 units, how to go about it?
Hi there
I have an investment property in Brisbane, its a big house with 4 bedrooms, study, 2 livings big kitchen etc and im thinking in dividing the house into 2 units. I have enough space to split the house inside to accommodate the 2 units 3 bed, 2 baths 1 car park each, without changing the layout too much. Ill have to create a new kitchen add 1 bathroom where the laundry was for one of the units and another bathroom where the walk inrobe was for the other unit.
but now i have the following questions.
Do i need council approval for the drainage and plumbing or for anything else?
How do i go about the plumbing for each unit, do i need to split the system? so one sewerage each or can i have both units using the already existing sewerage and water system?
How i go about the hot water system do i need to install a new one for the one that will not have?
Do i need a separate electrical system and switch board for each unit?
At the moment the house as it is is water efficient so the tenants pay the water so if i split the house in 2 units can i still have water efficient units and charge water?
do i need anything else for each unit?
I dont want to split the land into 2 i just want to have 2 units in the same piece of land , so in future if i want to sell it (that i dont think so) ill have to sell the 2 units together in 1 title.
If anyone can give me a bit of idea about these issues it will be greatly appreciated.thank you
andre
Yes of course you need council approval (for ALL of it).
You need to get plans drawn up and get approval to change your house from one dwelling to 2 dwellings.
You will most likely need a firewall between the 2 residences.
If you want to charge each side for water and to have their own electricity you will need separate meters for each.
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