RHPlanning replied to the topic Buying next to an Alley way (walkway) in the forum General Property 14 years, 7 months ago
They are called ‘Pedestrian Access Way’ (PAW) and are generally associated with anti social behaviour due to the fact they are poorly surveilled. Most people want to try and close them, however they provide a necessary access to pedestrians so the reality is they will stay. New subdivisions do not have them as they design roads in a way to provide…[Read more]
RHPlanning replied to the topic Anyone knows whether subleasing to too many people is illegal? in the forum Help Needed! 14 years, 7 months ago
DWolfe is right – as soon as you reach 7 unrelated people it becomes a lodging house and needs Planning Approval and you will need to ensure there are Exit signs for fire safety and the like. If somebody complains (which seems likely) they could be warned and then infringed.
RHPlanning replied to the topic Would anyone touch this? (advice needed) in the forum Help Needed! 14 years, 7 months ago
ROI – return on investment, its a numbers game, especially if you want to sell straight away.
Spend $380,000 plus buying costs of stamp duty 4%, finance fees, settlement costs and you are up to around $400,000, then add the $30,000, you would then have to work out what it would be worth? It would need to be considerably worth more than $430,000…[Read more]
RHPlanning replied to the topic Steps to take before investing which can save you money later on in the forum Help Needed! 14 years, 7 months ago
Buy the right property – be sure of its development potential or rental/capital growth and find out or seek help with the town planning side of things.
RH
RHPlanning replied to the topic help with finance for possible developments in the forum Finance 14 years, 7 months ago
You should be able to borrow 80% of the value of the property as long as you can demonstrate ability to service this debt. You should also be able to borrow on the finished development product as well.
Another way to look at it if getting finance is too big of a hurdle is to get your approvals in place and then sell the property to a developer,…[Read more]
RHPlanning replied to the topic Pre-Subdivision Work in the forum Value Adding 14 years, 7 months ago
There is a set process in place, which involves making a formal application before you can start works. To make sure you don’t throw away your money you want to get approvals in place first.
If you want help with getting subdivision approval for the second lot and planning approval for second dwelling you can email me [email protected]
Ryan
RHPlanning replied to the topic RBA trying to manipulate property markets? in the forum Finance 14 years, 7 months ago
I agree – there is a huge demand for housing. There is a shortage of supply. Financial institutions are making their lending criteria more difficult and this is not helped by increases in interest rates so quickly after the GFC whilst the economy is still in recovery mode (and temporarily boosted with active Government stimulus making things look…[Read more]
RHPlanning replied to the topic Who’s going to Steve’s Seminar? in the forum Forum Frolic 14 years, 7 months ago
There was some big numbers at Perth tonight and it was a good seminar that backed up a lot of what I had already been thinking will occur over the next 10 years. I think I will continue my efforts in WA and leave the USA stuff alone.
Cheers Steve
RH
RHPlanning replied to the topic Storm water problem – please help! Are pumping stations ok? in the forum Value Adding 14 years, 7 months ago
Infiltration systems only work in certain soils, so thats good fortune that you can do that.
And to Scott No Mates – thanks for the capital letters and bold text, I would have otherwise missed your comments entirely.
To clarify my comments – I was referring to the fact that if there was already an existing stormwater drainage system in place…[Read more]
RHPlanning replied to the topic Storm water problem – please help! Are pumping stations ok? in the forum Value Adding 14 years, 7 months ago
Yeah I would avoid the tank and pump scenario and work a bit harder to get the stormwater connection – try phoning your local Councillor who represents you and use them as a mediator to help.
Even still, i’m not even sure you need their consent – that could also be worth double checking and getting some advice.
RHPlanning replied to the topic Residential property values and rezoning of precint in Canning Bridge area Perth in the forum Value Adding 14 years, 7 months ago
Increases in residential density is high on the planning agenda for WA. It is part of the focus on sustainability and reducing impacts on climate change, such as reducing the dependance on private vehicle transport. There is a massive population growth projection for Perth and ultimately the days of sprawling suburbs of large lots of land are…[Read more]
RHPlanning replied to the topic To three or not to three in the forum Legal & Accounting 14 years, 7 months ago
These guys are awesome:
The best thing is that they know all about the property action you speak of.
Regards
RyanRHPlanning replied to the topic Developing basics in the forum Value Adding 14 years, 7 months ago
Christian
I am happy to contribute to help out on the key elements of town planning and development/subdivision process.
Ryan
RHPlanning replied to the topic Single Dwelling Covenant in the forum Creative Investing 14 years, 7 months ago
christianb wrote:
Tread carefully. Some covenants are as good as impossible to alter or remove.Additionally, a covenanted use may have been prescribed by someone who is deceased, and whose estate has no interest in helping you remove the covenant.That can also mean that nobody will be interested in enforcing the covenant… this approach…[Read more]
RHPlanning replied to the topic Subdividing in the forum General Property 14 years, 7 months ago
If it is R20, then you need a minimum lot size of 450sqm and you must have at least 3m width to allow for an access leg.
You could always ask the agent for the information you are after or engage a town planner or surveyor to do preliminary work to get the facts and see if it will stack in your favour.
RHPlanning replied to the topic Building a Granny Flat in the forum Value Adding 14 years, 7 months ago
Brazen wrote:
RHPlanning wrote:
Costs start from around $70,000 and yes it needs approval and you will technically only be able to use it for family members associated with the main dwelling – ie your granny.I agree it needs approval but does not have to be exclusively for family use in most states. Im not sure about WA- does WA not allow…[Read more]
RHPlanning replied to the topic LOOKING TO BUILD 3X UNITS ON BLOCK OF LAND in the forum Help Needed! 14 years, 7 months ago
Consult the local government if it is possible to subdivide and develop in the first instance.
Allow at least one year for the development and subdivision. Finance can also be difficult so check this out first before jumping in.
You will also have to pay capital gains tax and stamp duty and gst if you want the future lots in individual names,…[Read more]
RHPlanning replied to the topic LOOKING TO BUILD 3X UNITS ON BLOCK OF LAND in the forum Consult the local government 14 years, 7 months ago
Consult the local government if it is possible to subdivide and develop in the first instance.
Allow at least one year for the development and subdivision. Finance can also be difficult so check this out first before jumping in.
You will also have to pay capital gains tax and stamp duty and gst if you want the future lots in individual names,…[Read more]
RHPlanning replied to the topic LOOKING TO BUILD 3X UNITS ON BLOCK OF LAND in the forum Help Needed! 14 years, 7 months ago
Consult the local government if it is possible to subdivide and develop in the first instance.
Allow at least one year for the development and subdivision. Finance can also be difficult so check this out first before jumping in.
You will also have to pay capital gains tax and stamp duty and gst if you want the future lots in individual names,…[Read more]
RHPlanning replied to the topic What is better arranging to have done yourself in the forum If you are having troubles 14 years, 8 months ago
If you are having troubles at the formative stages, then imagine what it will be like when the project gets going… go with the group that looks after you best, it is worth paying the extra as it will save you in the end.
- Load More