Ok , so the vendor & purchaser are on notice that the will be an easement @ sometime in the future. Does the authority have to pay the owner of the land for the land affected by the proposed easement?

Does the existing easement sit on the land or on the adjoining land? If it is on your land it will affect where you can build. If used correctly during development, ie for open space or landscaping, then you can incorporate the effects into your overall scheme.

Uncertainty decreases the value of the property, so you could either purchase as a long-term develop & hold or steer clear, depends on how you look at risk or opportunity.

It will depend upon when you moved out & if you had any other primary residence in that time. search a few of the forums, the topic comes up frequently.

Now to check if it will fly!

What is the fsr for the site? Most sites around New Farm/Tenerieffe are relatively low-rise.

How does the zoning match your proposal?

Is there a current DA in place? Is that inn itself a benefit or a restriction?

What is the competition for such developments in the area? Eg hospitals/medical centres/large dental facilities (also complementary services).

If you consider putting concrete topping on the floor, you'll need to prep the floor so that the concrete won't go drummy – it will need to be at least 50-75 mm thick, require expansion joints and possibly some reinforcement to prevent/control cracking. You might consider applying a coat of hydropoxy or an epoxy finish or possibly grinding the concrete to expose the aggregate.

If you have kids the settlement, even an amicable one, must go through the family court.

If there are no kids, the details of your property settlement (all assets etc) can be done thru solicitors unless the parties disagree & want to fight it out in court.

It’s great to read the insight/speculation of some of the above posts. Good to see it is being revisited in light of the current global situation.

The US is not out of the woods by a long shot as unemployment is still rampant, jobs growth virtually non-existent, they can barely agree to extend their support to their own economy, Afghanistan war is costing trillions with no end in sight etc…….

A lot of Europe is a basket case, Greece, Italy, Ireland etc all have massive problems.

While China & India are still buying our resources, they & others are also buying up the farms & rural producers in order to guarantee control over their own food supplies into the future.

We haven’t felt the pinch that other nation’s economies have suffered. Australian retail, internal tourism & non-mining exporters have struggled with locals travelling OS or not spending locally (keeping money not spending & not investing) evidenced by how well the banks are doing.

So much for green shoots.

Forest Lodge = Glebe

Close to Sydney Uni (& UTS), restaurant strip, city, city-west link.

Those things won’t change.

Wentworth Park – to be redeveloped.

I know of a few bods who use little power @ home, shower @ the pool/beach/gym/work, they ride to work, use the car sparingly, are out most nights but need somewhere to dump their belongings.

They have low usage as well.

one question (& lots of consequences):
Do you intend living in the house or is it to be an IP?

The tax treatment of your intentions will be very different.

I may be mistaken but I thought it was on the transfer document, it doesn’t matter one iota to the vendor.