@ freckle wow what an idea!! would be perfect as the uni accomodation is old and way overpriced..would you suggest i ask the council about this plan if viable? I have allways had alot of luck with the chinese student renting this property and they use every square inch including the lounge as a bedroom.
Thanks Derek yes i will talk to the council. I am currently selling my restaurant and thats a headache in itself but have a buyer so half the headache is over. I am usually all or nothing but am hesitant as a 1200sqm block can have 3 townhouses not 2 as the council wants. Also i have never had a problem tennanting this property to great tennants because its next to the university. As you said i will talk to them 1st im a little excitied over this. thanks for your help
yeah semis sound like i might get in trouble but has good return as all the asian students in the are like to live on top of each other.. i had 7 move into this small 3 bedroom at 1 stage.
@shahin i talked to a builder who built 4 townhouses around the corner(different council area) same size block but they made enquiries to the council and came back with can only build 1 property for every 600sqm. Im thinking now of building 2 houses but dividing down the middle making 4 rentals.. has anybody done this?
