All Topics / Value Adding / Dual occupancy: 2nd hand house: need Help
I am doing due diligence with a dual occupancy project.
I am looking at options to put a removable house at the back of the property and put it on stamps. Then raise it to the legal height, connect all services and renovate.Then build a unit on the ground floor.
This will be my 1st development project. so some help will be really appreciated from someone who has done this before.1. There is a house at the front of the block and I have 4m side access. I will keep this house. How do I put a removable house at the back of the property?
2. Does anyone have a cost calculator? There are lots of unknowns and I do not know what they are.
The other option is to renovate the front house and build a low set at the back.
I’d suggest that you contact one of the house removalists to assess the block and their stock.
Definitely check with a house mover – I’d be very interested to hear how they can move a transportable house to the rear – ie whether they’re rated as safe for overhead crane use. If this is an old fibro/queenslander style house I’d be surprised if it can be pulled off without gaining access to the rear somehow.
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
Email Me | Phone MeInvestment Focused Finance Strategist - servicing Australia-wide
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