Forum Replies Created
Richmond
You on e-mail at the moment? Doing any investing?
Hi Richmond
Thanks for your advice. ANy chance you are from Richmond NSW?
Hi Pisces,
Yeah, i can clarify a couple of your points. There are two stages to getting strata subdivision approval. The first stage is Development Approval (DA). You don’t need a final copy of your survey when seeking DA Approval. Once you have DA approval there will be numerous conditions of consent which may inlude fire safety, connection of services, and finally a copy of the final Survey. You need to comply with these conditions and take your application for subdivision to Council. Upon Council’s satisfaction that you have complied with the relevant conditions and have the relevant certificates, Council will sign your linen plans and you cen then register the plan with Land and Property Information (NSW) Why do i suggest a building Surveyor? An architect will not be qualified to check the building for structual suitability or for fire safety. Unless you are doing alts and adds, a architect won’t be needed. You should also be aware of SEPP 10, this is a stste planning policy with regards to retention of affordable housing. check http://www.dipnr.nsw.gov.au
Hope this all helps.
Crackles
Hi all,
I am a Town Planner and a buddying propoerty investor. The advice i have read so far is all good. My suggestion would be to get a building surveyor (or good builder) to first have a look at the units, particularly in regard to fire safety. You might find the building needs a substantial upgrade before you can strata title the building. If the building surveyor gives the green light, you then need to prepare plans for Council showing the seperation of the titles (easy job for a surveyor) although you generally don’t need a survey. Accurate site and floor plans should do. Show on these plans the floor areas, the different lots, carparking link to each lot (if there is carparking) and common space. You will probably need to prepare a statement with the application……… Just realising that i am writting alot, send me a private e-mail and i will give you the full brief, otherwise this message will go on for ever.
Thanks for the advise[
]I am also no longer confused. I am keen to go to one of these meetings held in Sydney, does anyone know much about them, when the next one is on etc.
Thanks for that answer Mel,
Something else you may be able to answer, that is everytime i go to a new town or visit a place on a holiday, I always hope in to see the local agents, can i claim a car expenses etc. I am guess no, but curious.
Where abouts are these meetings held? I would love to come along.
why am i confused?? How do i get a user name?
Each Council will have their own specific controls for development of Townhouses units etc, and all the Councils are different. You could ring the Council you property is in to find out what policy you might need.
Most Council’s have their own web page and alot of them include their planning controls for you to down load.
Important also to find out what the zoning of the land is because you might have a large block but may not be able to develop it.
p.s what do you need to get a user name, i don’t really like being confused !! lol
Hi Concat,
I work as a Town Planner in a Council North of Sydney. I know it can be very hard to get information out of Council’s so you will have to try and do a bit of the footwork yourself. The Council should be able to sell you a copy of a medium density residential control plan, or you might be able to download it from the internet. My advise is to try and interpret it the best you can and come up with something of a concept plan. This can be very difficult as it gets fairly involved. If you have a concept plan you will find that the Council will generally be more helpful becuase they see that you have taken the time and made an effort. Alternatively you could use a draftperson/ architect/ town planning consultant to help you but at the expense.
I hope this helps a little, if you have any questions about planning terms/ controls please ask me.
Hi Davo,
Reading through your message suggest that you might be able to answer a question i have. That is, can you buy property in NZ if you are not a NZ citizen? Do you have any good proerty webpages over there that i can check out? I come from Sydney, and know that you would be extremely lucky to find a cash positive place here, so i was curious about NZ.
quote:
I have been reading the post on the forum for over six months and I am not sure if I have ever replied before.I began purchasing investment properties about just over 12mths ago. My sister was being moved from one place after another and she was very unhappy so I got over my nerves bought a house she now rents. I did know at the time I had bought a positive cashflow property. Then I convinced the other half of the benefits of doing this and with my partners help we found this website.
We then took the plunge again in February 2003 and then again in March 2003 and again just two weeks ago. So we now have four investment properties and they all have enjoyed huge capital gain and all are positive cashflow. (the rent covers all costs inl rates and ins). We are looking at repeating our success here in NZ but seems a little harder to get finance in NZ.
Anyway we will get over that. We are very happy with the results the capital growth was an unexpected bonus just went for the income.
Anyway that’s our story.
quote:
I have been reading the post on the forum for over six months and I am not sure if I have ever replied before.I began purchasing investment properties about just over 12mths ago. My sister was being moved from one place after another and she was very unhappy so I got over my nerves bought a house she now rents. I did know at the time I had bought a positive cashflow property. Then I convinced the other half of the benefits of doing this and with my partners help we found this website.
We then took the plunge again in February 2003 and then again in March 2003 and again just two weeks ago. So we now have four investment properties and they all have enjoyed huge capital gain and all are positive cashflow. (the rent covers all costs inl rates and ins). We are looking at repeating our success here in NZ but seems a little harder to get finance in NZ.
Anyway we will get over that. We are very happy with the results the capital growth was an unexpected bonus just went for the income.
Anyway that’s our story.
]
