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Hi Renae
Extremely unlikely. Maybe if a local plan was in place that increased the density.
regards
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The use by discrete households would be considered to be Multi-Unit dwellings by BCC regardless of the built form.
You may have some hope because of where you are on the busway. The local plan overides the land zoning. If we could go for higher use than you would be able to put it through as a MUD.
In some Council areas you can only build the granny flat for dependent relatives and then must sign a stat dec stating as much and agreeing to remove the extra kitchen when they no longer live with you.
The issue with it is the legal definition of the use and if the Council was to allow it then they would lose control of where MUD's are located. Neighbours hate it and complain to Council regularly about extra cars and people.
The new City Plan 2012 only makes it even harder.
RPI | Certus Legal Group / PRO Town Planners
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Buying through the Company is not good. I have had 2 clients go through liquidation in the last year that lost houses that were in the company of their previously successful business, they would not have lost them had they been separate.
Looking at your overall structure would be an important step and seeing where you can go with it in the future. Talking to professionals who actually do it themselves is a great first step
Advice from a mortgage broker and lawyer is also important to make sure your structures are right for financing and asset protection.
If you are in Sydney Terry Waugh is both of those and a financial advisor also.
RPI | Certus Legal Group / PRO Town Planners
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The document is called a Binding Financial Agreement. It is complex and must be done very carefully also the other party must get independent legal advice.
RPI | Certus Legal Group / PRO Town Planners
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Or find a Notary Public. Internationally accepted witness.
RPI | Certus Legal Group / PRO Town Planners
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I mostly see $1400-$1500 m2, add extra for higher finishes and at least 20% extra if you want poured slab for upper stories.
D
RPI | Certus Legal Group / PRO Town Planners
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There were guys doing 3 bed 2 bath on 1 side and 2 bed 2 bath on otherside for $299K turnkey in Brisbane. 130sqm on one and 70sqm on other. Also did the same with 3 bed on ground and 2 bed above garage, same money. Mostly bayside Brisbane.
Lends were done as straight house and land package as smaller side was portrayed as a secondary dwelling.
RPI | Certus Legal Group / PRO Town Planners
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For double storey stuff most of the figures I see are in the $1400-$1500 m2 range, at 20% extra for poured slab construction on the upper levels.
RPI | Certus Legal Group / PRO Town Planners
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Just see a lawyer who knows their stuff on vendor financing and they will give you a bit of a quick education while preparing your documents.
regards
D
RPI | Certus Legal Group / PRO Town Planners
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Agreed with Scott. Commercial is all yield base, different asset classes and different tenants vary it slightly but it is still only by a few percent. Although have seen some long term govt tenanted properties go for very low yields.
RPI | Certus Legal Group / PRO Town Planners
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Hi and welcome
Buying through a family discretionary trust with agreements in the background might be an option. Makes for easier buyout of siblings later.
Either way you need legal advice to ensure it is structured properly.
D
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Hi Jay
Try Richard Taylor for tailored financial solutions. Username is Qlds007 I think. We have multiple mutual clients and the clients always seem very happy with his work.
D
RPI | Certus Legal Group / PRO Town Planners
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Hi Jay
Do they need to be in Rocky. There are great brokers on here.
D
RPI | Certus Legal Group / PRO Town Planners
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Yes that seems excessive.
You need to speak to someone experienced in your area. Subdivision guidelines and standards can be local based on state requirements, state based etc.
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Hi
If your intention is to buy reno and sell than your property may be treated as merely trading stock and you won't get the 50% CGT discount anyway.
Owning PPOR outright is a great goal to have.
Good luck
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Part of slater and gordon solicitors.
They will probably charge you to talk about your issue though.
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Part of slater and gordon solicitors.
RPI | Certus Legal Group / PRO Town Planners
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Conveyancers do not exist in qld. Only solicitors can do conveyancing in qld.
D
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Hi
Even if you own in your own name you should consider a project management entity that contracts with the entity that owns the land to do the Development.
It then contracts with builders, trades etc.RPI | Certus Legal Group / PRO Town Planners
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Hi
We had 2 of these this week although it was seller who wouldn’t settle.
If they dont settleA notice to complete is served giving them a reasonable time ( 7 days) to settle.
If they dont can either
Head to court and get order for specific performance or
Deem that they have repudiated contract resell land and they will be responsible for all costs in the resale and any deficiency in price.If it is qld you would be dealing with a solicitor as conveyancer s are not allowed here.
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