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Thanks Jeff,
Land content is about 700m2 with a good portion of that in the backyard backing onto industrial use sheds. There could be the option of leasing some of this land to them as the backyard would still have a bit of room.Why convert to industrial asap? Is there better resale value for land that size when sold as a business compared to as a residential house? I will pay what the vendor is asking once i figure out how this zoning issue may affect it…
Shawn,
In my ‘real’ work as a civil engineer i’ve dealt with a few service station redevelopments.
Council will probably tell you that you to submit an enviro mgt plan, which you’ll most likely need an environmental scientist/engineer to complete. They will organise geotech testing of the soil and can give cost estimates for remediation of the soil. This can be costly.
Typical problems are definitely the contamination from surface spillage leaching into the soil, but don’t forget the big fuel tanks they have underground – who knows what condition they’re in.
Hope this helps…
grego
