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- Ichiban33 wrote:Hi Guys,
Does anyone have any experience with 'splitter' blocks in Brissy?
A mate was harping on about doing one in brissy and making good profit in the subdivision.
Hi Ichiban33,
When developing splitter blocks in Brisbane there is a lot of things you need to consider.
Below is the process I go through to determine if the project is viable when slitting a block for Building on splitter blocks in Brisbane development.
After identifying the block, I check the demolition control Precinct (DCP) if the house is built pre 1946 and if the block is on the flood map or any overland flow issues.
I then get the dimensions and run the costing of the project.
The things I look in a splitter block are:
- Cost of the site
- Demolition approval
- Demolition costs
- Services off (sewer and water)
- Location of services on the block
- Any other associated development costs
- Transfer and Legal costs
- Subdivision costs – Civil design, Town planning, public notices, council fees and any council contributions.
- Building construction costs
- Associated site costs (levelling and retaining)
- Marketing on the finish product
If all the figures add up to a profitable project….an educated decision can be made.
Thanking You
Built By Thomas