![]() |
![]() |
|
Single Dwelling CovenantJen1 [22 Posts] Is there any way around a single dwelling covenant? Can you convert a house into a duplex or similar? Jen RHPlanning [46 Posts] Covenants do not control land use in Australia - the planning system does. Generally covenants are made by the original subdivider because they would like a certain type of development outcome and they try to get around the planning system. This helps their marketing because they can say to prospective purchases that all future development has to be carried out in accordance with the covenant. In WA, there are cases where covenants have been made on properties that are inconsistent with local planning schemes. There are legal provisions that allow covenants to be modified to make them consistent with the local planning scheme provisions. I'm not sure about NSW, just check with the local government. RHPlanning.com extrememortgages [13 Posts] G'day Jen, Like RHPlanning said, the only way you can build a duplex or similar on a single block is if the planning system allows for it. You can contact your local council to find out how many dwellings can be built on the size land that you are looking at. If they say you can only build one, you can then ask if there is any discussion or plans for that to increase in the near future. It's great if you can jump on a property that gets "REZONED" because it quickly increases its price. Cheers, Matt. Matt McCombe, christianb [172 Posts] Tread carefully. Some covenants are as good as impossible to alter or remove. Design & Build Consultant savanna100 [11 Posts] IN NSW covenants can sometimes be removed if the Local Environment Plan has a clause that allows for removal of covenants that may get in the way of satisfactory implementation of planning objectives. Ask the Council what their position is on this or look up their Local Environment Plan on the relevant Council website. Savanna RHPlanning [46 Posts] christianb wrote:
Tread carefully. Some covenants are as good as impossible to alter or remove. That can also mean that nobody will be interested in enforcing the covenant... this approach would be only for the brave! RHPlanning.com |
User loginIn The NewsUpdate: 29th July A great tip for investors who want above market capital gains. Update: 21st July The Five "DONT's" investors must apply to minimise risk in a cooling property market. Update: 16th July The Five "DO's" investors must apply to maximise profits in a cooling property market. Active forum topicsLMI refunds - CBA Author: whitehousemax How do I locate Property Developers in NSW??? Author: Steelar Who's OnlineToday's TipBe professional in your approach to property investing - keep written records and
appropriate documentation to <more> |
|