streetwise replied to the topic Best way to divide a block in the forum Value Adding 19 years, 8 months ago
Judging by the response not too many want to buy into that!!
I’ve got a similar dilemma with one that Im doing
and am looking at some of the narrow lot Webb Brown designs.At the end of the day someone who is going to commit to building them would need to do the necessary work to determine what can fit taking into account setbacks etc. There are…[Read more]
streetwise replied to the topic Initial Costs in the forum Value Adding 19 years, 8 months ago
best to talk to local surveyor, or one who knows shire regs etc.. is it stirling?
streetwise replied to the topic sub divide in the forum Value Adding 19 years, 8 months ago
agree with Woodsman, in WA governed by strict residential coding and subdividing 560m2 would be difficult…
streetwise replied to the topic Duplex Blocks in Perth in the forum Value Adding 19 years, 8 months ago
I too have completed one and in the process of second. Main lessons are not to underestimate dev. costs and the time taken to complete the process.Both items have big impact on whether the project stacks up in the first place and cash flow during the course.
If you are satisfied there is enough in it, then use a surveyor, my costs were an…[Read more]
streetwise replied to the topic Advice: Selling subdivided prop – block only in the forum Value Adding 19 years, 8 months ago
Sorry if Im coming in a bit late on this but I too am intrigued with how ther is $40k left on the table?
Im currently subdividing in the SouthWest and as hard as Ive tried I cant make a case for building as opposed to just selling the blocks. There may be 40k in the deal across all three blocks, however the risk and associated holding costs etc…[Read more]