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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 which I’m hoping to be on both sides of the lane way. Never had any direct dealings with the council in this way… got some butterflies in the stomach… but I’m sure they can’t bite me…. not too hard anyway.
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 overturning an old council planning provision like that?
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 quality of the photos by this agent, including the ones posted for other properties under their listing, I’m not surprised that they didn’t even bother mentioning this crucial selling point: It is one crappy agent and they are really not serving their customer (the vendors) well at all!!! Which presents as an opportunity for me I guess…
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 me awake at night. I had initially intended on waiting til the new year when the FHOG for existing houses expires…