Thanks Jpacashflow for your comment. I had a look at the council website, it looks like a very doable option as they’ve specifically mentioned on the website that where council land is too small to have structures built on in its own right (eg. a lane way that’s proven to be of no benefit to the community), can be sold to the adjacent land owner…[Read more]

Thanks JacM, you’ve certainly opened up my mind to a whole new possibility! Much appreciated!

JacM, that’s an interesting proposition… have you any experience in doing something like that?

update on the deal: after speaking to the town planner, I discovered that there’s a lane-way between the two properties which some smart town planner decided would be a good idea some 50 odd years ago. however, that lane way is leading towards a 6m cliff-face fall down to a major highway. Has anyone ever attempted or better still, succeeded in…[Read more]

I’m fairly sure that the properties were owned by separate owners. (I lived up the road from the properties for 5 years). And no, although the properties are listed by the same agent, they did not mention anything about the adjacent property being also on the market and hence present the potential for development. I have to say, looking at the…[Read more]

Thanks Jamie for your comment. I’ve had further thoughts on this one and wondered, if I actually say to the agent, I will buy only buy both or neither and I will not pay more than a certain combined figure then let him work the vendors, would that be a more efficient process? Afterall, I don’t HAVE to buy them… cash in the bank is not keeping…[Read more]