#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!
#Planning Permit started the topic Does a dual occupancy add value to a property in the forum Value Adding 9 years, 3 months ago
http://static.wixstatic.com/media/12264d_03684504f2874677a1a86f7f43a88a44.jpg_srz_p_385_389_75_22_0.50_1.20_0.00_jpg_srz
#Planning Permit replied to the topic Small development in the forum Value Adding 9 years, 3 months ago
We can do a free site assessment to determiune what you can build on yoir property in Greater Melbourne.
#Planning Permit replied to the topic How much do you pay for town planner? in the forum Value Adding 9 years, 3 months ago
I do it all from design brief to all designs and run the application at the local council in Melbourne successfully. And my fees are very affordable. Im a member of the Planning Institute of Australia as well as having graduated as an architect!
#Planning Permit replied to the topic How much do you pay for town planner? in the forum Value Adding 9 years, 3 months ago
I do it all from design brief to all designs and run the application at the local council in Melbourne successfully. And my fees are very affordable. Im a member of the Planning Institute of Australia as well as having graduated as an architect!
#Planning Permit replied to the topic Subdividing or dual occupancy in the forum Value Adding 9 years, 3 months ago
You need to live there for a few months to be CGT free.
Dial occ or subdivision? If you dual occ but cant subdivide then all you get is two rental incomes. If you subdivide then you liquidate an asset to lower your mortgage. In victoria dual occ subdivision is allowed in the new residential zones- but some councils are pushing for minimum lot…[Read more]
#Planning Permit replied to the topic Subdividing or dual occupancy in the forum Value Adding 9 years, 3 months ago
You need to live there for a few months to be CGT free.
Dial occ or subdivision? If you dual occ but cant subdivide then all you get is two rental incomes. If you subdivide then you liquidate an asset to lower your mortgage. In victoria dual occ subdivision is allowed in the new residential zones- but some councils are pushing for minimum lot…[Read more]
#Planning Permit replied to the topic Subdivision / Town Planning / Development Query in the forum Help Needed! 9 years, 3 months ago
Hi DM, Good news is ita a 150mm dia sewer so you need to stay 1m away from the sewer. You say the sewer is about 10m from a boundary- Use that space for the Private Open Space if design allows. The new Regs say the driveway must be a min. 3m wide and windows facing it need to be treated for privacy. Would love to help you.
#Planning Permit replied to the topic Cheltenham Vic- property development or not? in the forum Help Needed! 9 years, 3 months ago
Hi Missy, I specialise in obtaining multi unit town planning permits for developers. Cheltenham is a good area but check the zoning first. Close to Southland coould mean a favourable zone. BTW a new rail station is starting at Southland! The further you go away from Southland the more restrictive in development. I can help assess your site with…[Read more]
#Planning Permit replied to the topic Sub division/ which house to sell? in the forum Help Needed! 9 years, 3 months ago
I agree- sell the original house and live in the new one. Better Tax benefits. Seek your accountants advice to verify
#Planning Permit changed their profile picture 9 years, 4 months ago
#Planning Permit changed their profile picture 9 years, 4 months ago
#Planning Permit replied to the topic Melbourne Property Subdivision – Check list or things i should look for? (Without getting confusing please) in the forum Help Needed! 9 years, 4 months ago
The steps an experienced design and planning consultant will advise are:
Do a prelim sketch design
Have a Pre App meeting with your local Council planner
Order the feature survey
Complete the design and Town Planning Application documents
Submit to the Council
Respond to the RFI
Manage the objections from neighbours
Work hard and collaborate to…[Read more]
#Planning Permit started the topic Case study of a Triple occupancy outside Melbourne in the forum Value Adding 9 years, 4 months ago
This real life case study for a first time property developer started with an accurate site assessment which resulted in Town Planning Approval. The property is outside Melbourne.
Land cost: $200,000 ( $195K to be exact outside Melbourne where rental demand is very high)
Stamp duty: 5%
Legal fees: $1,500
Build cost, including subdivision costs,…[Read more]
#Planning Permit started the topic Case study of a Triple occupancy outside Melbourne in the forum Value Adding 9 years, 4 months ago
Land cost: $200,000 ( $195K to be exact outside Melbourne where rental demand is very high)
Stamp duty: 5%
Legal fees: $1,500
Build cost, including subdivision costs, for two freestanding, two bedroom, two bathroom homes plus renovations to the existing house: $430,000
Total cost: $641,500
Actual end valuations for three homes: $980,000
Equity…[Read more]
#Planning Permit‘s profile was updated 9 years, 4 months ago
#Planning Permit replied to the topic Advice needed for first investment in Melbourne. in the forum Help Needed! 9 years, 5 months ago
Tarneit and those nearby areas are experiencing growth but also oversupply of land. Find a house you can subdivide close to transport, schools and shops. After planning approval do the mandatory works to get a title for the lot and flick it. Do one every two years and you could have some real cash in the bank. Or build the dual or triple occ…[Read more]
#Planning Permit changed their profile picture 9 years, 5 months ago
#Planning Permit‘s profile was updated 9 years, 5 months ago
Planning Permit started the topic ASSET RICH, INCOME POOR. EQUITY RELEASE OPTIONS FOR RETIREES. in the forum Creative Investing 9 years, 5 months ago
Unfortunately, many pre-retirees are finding they may not have enough income to fund their retirement.
The great dilemma; when to downsize and what to downsize to. The transaction costs of buying and selling property make it an expensive exercise, so it pays to do your home work. Once you have a clear idea of your present and future income…[Read more]
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