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Land subdivision 101

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Your Investment Property | 20 Oct 2011, 12:00 AM Agree 0
Subdivision is one of the quickest way to manufacture equity, but there are plenty of traps in wait for the unwary. Your Investment Property guides you through the process one step at a time.
  • Paul Reed | 23 Jan 2013, 10:51 AM Agree 0
    Great article - I can especially relate to what you said about 'they try to do everything by themselves to save money.' I am a surveyor myself - http://www.eastcoastsurveys.com.au - and I often find this is especially the case. Sometimes I'll come in to help people after they have tried to push through their own applications and fail, whereas by getting professionals in from the start you will end up saving time and money. Plus everything has to be on a stringent timeline and if one step of the process is delayed, it will often cost you for the other things waiting to be done.
  • Sam | 21 Apr 2014, 10:33 AM Agree 0
    Good day
    Lets say a developer owns 1 acre in an area surrounded by 100's of acres of vacant land. The vacant land is owned by several parties including the government.
    Can you tell me how does the developer acquire and secure several acres surrounding the 1 acre he owns to expand his development. The problem is that the developer lacks financing and cant afford to acquire the adjacent land, yet he wants to prevent other parties from building on the adjacent land so as to ensure there is enough space to expand his development.
    What are some of the things that a developer in this scenario can do.
  • To Sam | 06 May 2014, 04:40 AM Agree 0
    cross your fingers, coz if it isn't yours, you have no real control over what they can and cannot do, unless there's some zoning change or some similar legal thing you could do to make it hard for them to do something to it. I mean if it isn't yours and the town is ok with it, you have nearly no say in it of course. If someone proposes to do something to it, you could pursue it with city council or what have you, and say it is in violationn of something, like you'r view, or something, but that's probably not gonna fly. If it isn't yours you have very little say....as it should be. best thing you can do is get more money.
  • To Sam | 06 May 2014, 04:40 AM Agree 0
    cross your fingers, coz if it isn't yours, you have no real control over what they can and cannot do, unless there's some zoning change or some similar legal thing you could do to make it hard for them to do something to it. I mean if it isn't yours and the town is ok with it, you have nearly no say in it of course. If someone proposes to do something to it, you could pursue it with city council or what have you, and say it is in violationn of something, like you'r view, or something, but that's probably not gonna fly. If it isn't yours you have very little say....as it should be. best thing you can do is get more money.
  • Neville | 18 Aug 2014, 07:17 PM Agree 0
    i am a 1st time , and very small time , property developer. I intend to buy appropriate property (existing house), subdivide into 2 allotments and maybe look at selling new empty allotment only, just as land , no dwelling on it. Can any one send me some helpful basic hints or some disaster scenarios to avoid. Thank you all in advance. :)
  • PeterSun | 11 Aug 2015, 12:49 AM Agree 0
    This is a great read! I agree with Step 1 that due diligence is a vital part in buying a property for development.
  • planning permit | 14 Aug 2015, 08:24 PM Agree 0
    Subdivision is a great way to add value to your land. Retirees or those about to retire can liquidate their asset or create an income stream through a subdivision or a dual occupancy.
    Property subdivision gives you the safest way to cash up without outlaying too much by way of investment. You only pay a nominal amount upfront for town planning production costs and pay the final amount when your backyard is sold. That’s a win- win for both of us as we both take the risk and do our utmost for a good outcome.
    Our experienced site analyst will determine if your property can be really subdivided as there are numerous regulations determining the outcome and we are experienced in such subdivision matters. If we can subdivide your property, we will form an agreement to produce and manage all the town planning and subdivision documentation and manage the whole process which can take anywhere between six and eighteen months depending on the challenges your property contains and the local council. That’s not a lot of time if you are yet to retire.

    Once the Subdivision and town planning permits are issued by your local Victorian council your backyard is up for sale at an agreed price. You pay our management fee when the property is sold.

    This is a lot better than taking out a reverse mortgage where you still have to payout the accrued interest. And if the property value drops you will be in negative territory after five or more years. All properties cannot be subdivided with ease. We will do our utmost to get a good outcome and will be honest and transparent in our opinion. If it can’t be subdivided we will not proceed.

    We have an extensive town planning knowledge for dual occupancy and medium density design and planning approvals. With over two decades of real life experience and having done our own dual occupancy we understand the risks and how to mitigate them for both our sake. If you don’t succeed with a good backyard subdivision we don’t get paid for our hard work!

    And if you can afford to build the dual occupancy home and not “flick” the backyard subdivision we can help you document the permits and find a builder to complete the construction. There can be a good regular rental income if you hold the property and you could get a good sale price if you decide to sell the new dual occupancy home. Another option would be to move into the new dual occupancy home with its new kitchen and bathroom finished to your taste and sell the original home CGT free or rent it. The options are there for you to enjoy retirement. we help retirees in this process.
    • janine | 10 Oct 2016, 12:28 PM Agree 0
      What is the name of your company?
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