stama90

stama90 replied to the topic sub-division and developing in the forum Creative Investing 9 years, 3 months ago

Hi Corey,

Thanks for the response. Infill is definitely the way for the future particular in SA given it is restricted by the hills and the sea. The minimum allotment sizes and frontages where I am employed have not changed for over 10 years however I think people are grasping onto the fact that a quick profit can be made through…[Read more]

stama90 started the topic sub-division and developing in the forum Creative Investing 9 years, 3 months ago

Hi Guys,

I am a town planner from Adelaide and have noticed an increasing trend of people wanting to buy and sub-divide properties. I have noticed it now varies from developers as well as the average Joe wanting to develop, whereas in previous years it was mainly just developers. I work in a desirable council area in Adelaide and the competition…[Read more]

stama90 started the topic sub-division and developing in the forum Creative Investing 9 years, 3 months ago

Hi Guys,

I am a town planner from Adelaide and have noticed an increasing trend of people wanting to buy and sub-divide properties. I have noticed it now varies from developers as well as the average Joe wanting to develop, whereas in previous years it was mainly just developers. I work in a desirable council area in Adelaide and the competition…[Read more]

stama90 replied to the topic Unapproved enclosed garage… in the forum Help Needed! 9 years, 6 months ago

Hi Jamie, I am a town planner from South Australia and come across situations like this all the time. If the garage has been transformed into a habitable room you are changing the classification of the building. Different building classes have different requirements such as fire rated walls, ventilation, natural light requirements etc. In South…[Read more]

stama90 started the topic + CF apartments in New Zealand… too good to be true? in the forum Overseas Deals 9 years, 6 months ago

Hi Everyone,

I have been looking at real estate in New Zealand out of curiosity and stumbled across one bedroom apartments with about 9% rental yields after body corporate fees and rates etc in Auckland as advertised by the agents.

I would like to know some thoughts on this or any advice from anyone who has invested…[Read more]