Hi,

Thanks for the comments.

It is not a new estate as such, I bought it as a mortgagee sale from Director of Housing.

In the Purchase contract, following is mentioned about the covenants:

"AND THE SAID Transferees, for ourselves, our heirs executors, administrators and transferees the registered proprietor for the time being of the land transferred ("the land") and of every part thereof HEREBY COVENANT with the Transferor and its successors, assigns and transferees and the other registered proprietor or proprietors for the time being of the land comprised in Plan of Subdivison no. xxx and each and every part thereof (other than the land transferred) as follows:

1. That the Transferees will not erect nor cause or suffer to be erected upon the land a dwelling or dwellings unless:

(a) not less than seventy (70) percent of each external wall area of single storey building or the ground floow of any two storey building (inclusive of windows) shall be constructed of brick, brick veneer, concrete, timber (excluding Western Red Cedar), painted Baltic Pine weatherboards, stone or glass any combination of same, provided all materials used must be new; and

(b) the roof shall be constructed of tiles, slate or other non reflective material and with a pitch of not less than 22 degrees; and

(c) any outbuilding is constructed of brick, timber,tiles and colourbond and of moderate height and to blend with, and not detract from, the general amenity of land in the said Plan of Subdivison and to have a non reflective roof.

2. That the Transferee will not erect or cause or suffer to be erected any fences forward of the front alignment of the house unless such fences consist of panels less than one metre in height (excluding posts and pillars which may be up to a height of 1.5 mts)  3. That the Transferee shall not at any time whilst the said Transferor is registered as the proprietor of any lot or lots on the said Plan of Subdivision erect or permit to remain erected on the said lot hereby transferred any sign or advertisment of any nature whatsover save and except one builder's sign and/or one sign indicating the said lot is for sale (such sign or signs having dimensions no greater than 0.914 mts by 0.914 mts).

AND the Covenant shall appear on the Certificate of Title of the land and run with the land.

NOTHING in the covenant above shall affect the right of the registered proprietor for the time being to build units or other multiple dwellings on or strata subdivide the lot where the lot is a corner allotment."

My lot is not a corner lot.

Please advise in simple terms what does this covenant means and can I subdivide or not?