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Viewing 20 posts - 681 through 700 (of 881 total)
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  • Profile photo of Alistair PerryAlistair Perry
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    @aperry
    Join Date: 2004
    Post Count: 891
    September 20, 2005 - 6:16 am

    It will almost definately be Res 1. You can check it out by having a look on one of the zoning maps at http://www.dse.vic.gov.au. Alternatively, you could ring up the council planning department and get them to look it up for you.

    If you still have no luck email me the address I am quite happy to look it up for you.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
    Participant
    @aperry
    Join Date: 2004
    Post Count: 891
    September 20, 2005 - 3:37 am

    Hi Leoau,

    Assuming the units are in a Res 1 zone, you should not need a planning permit for this. The relevent part of the planning scheme is Schedule 32.01-3-6. You therefore should not have to advertise your proposal.

    You’ll probably need a building permit, but these can usually be organised much faster. I’m no expert on this part of the process, so i can’t tell you too much more.

    Good luck

    Alistair

    Profile photo of Alistair PerryAlistair Perry
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    Join Date: 2004
    Post Count: 891
    September 19, 2005 - 5:32 am

    See you Thursday Danny.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
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    Join Date: 2004
    Post Count: 891
    September 19, 2005 - 4:22 am

    Hi Misty,

    If you want a one year turnaround, make sure you buy something with permits. I’m probably telling you how to suck eggs here, but i have come accross people who have budgeted for one or two months for the approval stage before. This is a bad mistake.

    As Richard mentioned, construction loans are quite interesting. When choosing a lender, make sure you look at the whole deal, not just the interest rate. Some like to lock you into a fixed number of drawdowns for example, which could cost you quite a bit of money, if it does not match with the payments to be made under your building contract.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
    Participant
    @aperry
    Join Date: 2004
    Post Count: 891
    September 18, 2005 - 4:45 am

    There is some good free information on Commercial property investing at http://www.gal.com.au.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
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    Join Date: 2004
    Post Count: 891
    September 17, 2005 - 11:39 pm

    Hi Mybazzar,

    You have a lot of options with regard to finance, you should speak with a good independent mortgage broker, who can go over these with you.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
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    Join Date: 2004
    Post Count: 891
    September 14, 2005 - 11:07 pm

    Hi John,

    You really should give Roy a call. He knows his stuff and, from what you have said, his services match your needs.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
    Participant
    @aperry
    Join Date: 2004
    Post Count: 891
    September 13, 2005 - 6:54 am

    I have a mate who lives in that area. I think its a great place and will be very expensive once it is fully developed.

    Profile photo of Alistair PerryAlistair Perry
    Participant
    @aperry
    Join Date: 2004
    Post Count: 891
    September 12, 2005 - 6:32 am

    AB,

    I suggest you take up Roy’s offer of a chat. He’s a very shrewd guy and your problems sounds right up his alley.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
    Participant
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    Post Count: 891
    September 11, 2005 - 11:36 pm

    How long ago were the defaults?

    Profile photo of Alistair PerryAlistair Perry
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    September 8, 2005 - 4:53 am

    You should be able to do a lot better than 8% on the construction, which would change the net income figure quite a bit.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
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    Post Count: 891
    September 5, 2005 - 6:47 am

    Ron,

    You should seriously consider using the services of somebody such as Michael Yardney. There are a lot of pitfalls to development, and just as many people lose money as make it, guidence from an experienced professional woill help you manage your risk.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
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    Join Date: 2004
    Post Count: 891
    September 5, 2005 - 4:01 am

    Hi Sean,

    You should have a chat with Roy Halabi, who posts on this site under the name GPSNetwork. He is into assisting people in developing property investing strategies.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
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    Join Date: 2004
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    September 4, 2005 - 11:20 pm

    400sqm is a nice large size to work with, but you can fit units on much smaller blocks, particularly if you are looking closer in to the city.

    Profile photo of Alistair PerryAlistair Perry
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    September 2, 2005 - 7:03 am

    In that case I can confirm that the regulations for 3 are the same as 2. Have a lolok at the local planning scheme for the area you are interested in, you will find them all at http://www.dse.vic.gov.au

    Profile photo of Alistair PerryAlistair Perry
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    Post Count: 891
    September 2, 2005 - 2:01 am

    If it is in Victoria, the answer is no, the rules are the same. I can’t comment on other States.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
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    Join Date: 2004
    Post Count: 891
    September 2, 2005 - 1:19 am

    Hi Djmetz,

    I know Nigel who runs Property Know How, he is very knowledgable and has been in the game for a long time.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
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    Join Date: 2004
    Post Count: 891
    August 29, 2005 - 4:15 am

    Ron,

    Get yourself good consultants, and particularly a good designer. The skill of the the designer will have a direct impact on the speed of you get your approvals and the end price of the development.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
    Participant
    @aperry
    Join Date: 2004
    Post Count: 891
    August 29, 2005 - 12:51 am

    There is nothing wrong with speaking to the a council planner, but you are wasting your time if you don’t have a design to show them. If you don’t have any idea about the rules that apply, then you should employ a designer who is familiar with unit developments or consultant planner to advise you.

    It is impossible for a council planner to tell you whether you can or can’t do soemthing without a design in place, and any feedback they give you without one is meaningless anyway.

    Please note that I do know what I am talking about here as this is my business. It is also important to note that a good designer can fit a lot more on a block than a poor designer.

    Regards
    Alistair

    Profile photo of Alistair PerryAlistair Perry
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    Join Date: 2004
    Post Count: 891
    August 26, 2005 - 5:37 am

    Hi Nats,

    You won’t find a minimum size in the planning scheme. There isn’t one. If you have a look at completed unit developments you will get an idea of what can be built in the area. It is a waste of time going to the council until you have a design to show them.

    Regards
    Alistair

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