wcostello replied to the topic Strata VS Green title in the forum Value Adding 18 years, 9 months ago
Hey Grant,how you doing.
With regard to the subdivision, i would recommend you got to these websites and do some preliminary research.1. http://www.stirling.wa.gov.au/planning/informationSheets
(Click on the Residential Subdivision PDF)2. http://www.wapc.wa.gov.au/Publications/214.aspx
Basically, unless you have already built, individually…[Read more]
wcostello replied to the topic How does finance work guys? in the forum No Subject 18 years, 9 months ago
Hi Jindou,
In answer to you question, you can subdivide before construction or after.
You are correct, with a subdivision, you would have the individual value of each strata block and then the value of the construction.
So the total in value would be 600k.As the purchase of the land was 150K you would have interest only repayments on this…[Read more]