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I don't think it cost up to $30,000 for council for approval (in my case anyway as per conversation with my architecture). I will check out the council website again after this post.
Say I can re-located my existing dwelling to the rear of the land. Then sub-divided the land.
There are few options:
1) I sell the land + with building permit and plans..
2) Buil a NEW house (3 Bed Rooms) with separate title and the sell.
3) Find a cheao house-only then re-located into the land
4) Any other suggestion?Which on more feasible? and most profitable? let me know your opinion.
Response to Crashy's question:
It is not as simple as we think. The council won't allow us to build another dwelling with driveway less than 3m as mention inmy first post. However:
1) We can build another Bungalow (i,e NO kitchen, same gas meter, same eletricity meter, same water meter as 1st dwelling). So I do not want thi exercise this option at all.
2) Other things has been mentioned in my first post.
That's all folks
OK, I have the same idea as you Handy Andy. But do you know or point me the right direction to find business with relocation house like I want? do you think Yellowpages(c) will be my first portal?
What keyword to search for????
Regards,
Dasheed
I believed we can MAKE a positive cash flow INVESTMENT. Please try not to think (focussed) on BUY a positive cashflow property or invest in PROPERTY.
Tthe property price and rental return these days almost always will be a negative gearing property. But it can be a positive cashflow property if you try to consider the tax relief (if you are receive a salary/wages) and take into account depreciation of the assets for instance. I am not expert yet but that what I have turn from negative to positive cashflow property.
Good luck
