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  • username replied to the topic CGT on Subdivided Land in the forum General Property 11 years, 5 months ago

    Cheers Tom,Ok i get it now.

  • username replied to the topic subdivison steps & price in the forum Sorry to be a pain but i want 11 years, 5 months ago

    Sorry to be a pain but i want to know every step before i commit to this, dont want any other bills comming in.
    So I have a bit of an idea on cost, looking at about 60k which seems like a lot.
    So lets say I have brought the new place, the council say its all good to go ahead.
    What’s next?

  • username replied to the topic subdivison steps & price in the forum General Property 11 years, 5 months ago

    can someone tell me why 2 post have been deleted??

  • username replied to the topic CGT on Subdivided Land in the forum General Property 11 years, 5 months ago

    I wouldnt be building the back house until i had sold the front one. So lets just say ive just sold the front house, i no longer own a house.now i start building the 2nd house out the back, wouldnt this become my new PPOR.

  • username replied to the topic subdivison steps & price in the forum General Property 11 years, 5 months ago

    thanx guys, lets just say i have found a place that looks good to subdivide.what do i do next put down a depsoit on the house,check with council, get in contact with a planner & surveyor to make sure it can be divided.or can council tell you straight from the plans if the place can be divided.

  • username replied to the topic subdivison steps & price in the forum General Property 11 years, 5 months ago

    Thanks RPI, The $28k infrastructure is that council part? so yeah hopeflly find a block with house out the front & subdivide the back.where you have $2-$5k for sewer & water dont council supply water & sewer to the property.

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