#Planning Permit replied to the topic Dual occupancy and sub division in the forum Help Needed! 9 years, 2 months ago
100K is a huge bill! there wont be any profit left for you. Croydon is Yarra Ranges Council or are you in Maroondah. Each council has its own set of guidelines when it comes to approving a planning application for medium density. If the site has a veg overlay or a SLO you need to be mindful of trees. your site looks solveable. get a free opinion…[Read more]
#Planning Permit replied to the topic subdividing basics in the forum Value Adding 9 years, 2 months ago
Allow about 15K per lot for hard costs. Soft costs vary depending on number of lots and if a DA is required. Remember 3 lots or more can atttract contribution from council.
#Planning Permit replied to the topic 3 x Units Development in Bendigo in the forum Help Needed! 9 years, 2 months ago
looks like a 13m wide frontage only zoning is gen res 1 which allows development but feel the narrow width ca be the challenge
#Planning Permit replied to the topic Poll: What makes a better property investment? in the forum Opinionated! 9 years, 3 months ago
Results as expected. Great Poll Sir!
#Planning Permit replied to the topic 3 x Units Development in Bendigo in the forum Help Needed! 9 years, 3 months ago
I would like to help you reach your goals. Can you put the address on the forum so I can do my DD.
#Planning Permit replied to the topic Please advise about Bathla Group / Western Sydney / Universal Property Group in the forum Help Needed! 9 years, 3 months ago
Remember the leopard never changes its spots- I see the same with so called developers who find it hard to kick off their root bad habits. Ask them direct- what is this bad press about and “see” what they say.Better to be cautious than to regrat.
#Planning Permit replied to the topic Poll: What makes a better property investment? in the forum Opinionated! 9 years, 3 months ago
An old tired but in a great location and with potential to add value like a dual occ would be my choice. Reno the old tired home and sell to finance and develop in the rear yard.
#Planning Permit replied to the topic Introduction in the forum Forum Frolic 9 years, 3 months ago
Welcome to this great forum. It answers your questions- simple or complex.
#Planning Permit replied to the topic Block subdivision in the forum General Property 9 years, 3 months ago
Which state? In Vic VERY BALL PARK numbers depending on Council and zoning you may need to submit development plans for the two rear houses and then a subdivision into 3 lots- soft costs are around $25K ++
#Planning Permit replied to the topic Where would you find the information of a property in the forum Help Needed! 9 years, 3 months ago
Which State are you interested in? In victoria there is a person wishing to sell the duplex part of the land which will comfortably hold 4-5 bedrooms in Williamstown. Ikm to train, schools and shops
#Planning Permit replied to the topic DA going to be knockbacked back what to do ? in the forum Help Needed! 9 years, 3 months ago
This is an issue I often see where the land owner does not fully understand the planning regulations and go to max out the site only to be disappointed later. Its best to take good advice upfront and not rely on the things like I see others have done it etc etc. theit historu might be different
Now to your point- a 3m variation in front setback is…[Read more]#Planning Permit replied to the topic town planner in the forum General Property 9 years, 3 months ago
I can provide service in Sydney.
#Planning Permit replied to the topic town planner in the forum General Property 9 years, 3 months ago
You need a town planner and some one who can design your duplex or dual occ. Things to look out for are OSD, LEP minimum lot size- includes handle for battle axe to name a few. Which suburb are you developing in? Its more complex than Melbourne having done my first dual occ a while back which was equally difficult then as it can be now if you have…[Read more]
#Planning Permit replied to the topic Where to invest? Point cook or altona nth? in the forum General Property 9 years, 3 months ago
Footscray is a great place to live in and to develop. Dual occs and triple occs are the go. big demnand for end products too.
#Planning Permit started the topic Land banking rip offs by small time developers in the forum Creative Investing 9 years, 3 months ago
There are small so called developers doing the same in outskirts of Melbourne.
Read this scary article which appeared today in the AgeWatchdog moves on land banking as investors fear losses
They’d sell ice to an Eskimo,” says David Johnson* as he ponders the whereabouts of almost $180,000 he tipped into land banking schemes linked to…[Read more]
#Planning Permit changed their profile picture 9 years, 3 months ago
#Planning Permit started the topic 11 Steps to dual occupancy success in Victoria in the forum Creative Investing 9 years, 3 months ago
1.Get your development Finance sorted out first! It’s important before you start looking at development sites you have a preapproval from a lender in place. Make friends with a good mortgage broker
2.Location Position, School Zones and infrastructure. Ensure the property location is zoned for dual occupancy and subdivision. A dual occupancy is…[Read more]
#Planning Permit started the topic 11 Steps to dual occupancy success in Victoria in the forum Creative Investing 9 years, 3 months ago
1.Get your development Finance sorted out first! It’s important before you start looking at development sites you have a preapproval from a lender in place. Make friends with a good mortgage broker
2.Location Position, School Zones and infrastructure. Ensure the property location is zoned for dual occupancy and subdivision. A dual occupancy is…[Read more]
#Planning Permit replied to the topic sub-division and developing in the forum Creative Investing 9 years, 3 months ago
The same is happening in Victoria and NSW where property prices are driving young and old people to move into compact dwellings in well established areas.Another trend is retirees or about to retire persons subdividing to create an additional income stream from a dual occupancy.This is an exciting development which requires professional care and…[Read more]
#Planning Permit started the topic The basic premise of subdividing a property with an existing dwelling is simple in the forum Value Adding 9 years, 3 months ago
Two is better than one!
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