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  • Profile photo of DannevDannev
    Participant
    @dannev
    Join Date: 2012
    Post Count: 7

    Hi Josh,

    I currently own a block in Gladstone City (Central Lane) and im caught between two ideas. One being to subdivide the block and build two town houses while continuing to live in one and renting the other or secondly, just sit on the current house and sell later on down the track making positive returns that way.

    Im not to familiar with the council rules etc with submitting information for approval on developments nor the pricing involved. Im not to sure about the building prices locally as well compared to other areas in CQ.

    So if you have any information regarding subdivisions in Gladstone or know of any builders that specialize in that field id be more than happy to follow up.

    Look forward to hearing from you.

    Dan

    Profile photo of DannevDannev
    Participant
    @dannev
    Join Date: 2012
    Post Count: 7

    Thanks for that although dont you need to have a username and password to access information from RPdata?

    Profile photo of DannevDannev
    Participant
    @dannev
    Join Date: 2012
    Post Count: 7

    Hi Luke, thanks for the advice.

    The units are not detached and will be two-story. The only advantage i have is my block has a higher elevation. If i was to build two town houses on my bloke would the larger development next door still have an impact on mine.

    I like the thought of putting the proceeds to something bigger and better but where and how? That  is the million dollar ???

    Profile photo of DannevDannev
    Participant
    @dannev
    Join Date: 2012
    Post Count: 7

    He is building 26 units on the block next door the one behind that and the one behind me.

    Profile photo of DannevDannev
    Participant
    @dannev
    Join Date: 2012
    Post Count: 7

    I forgot to mention that if i go ahead with keeping the property the development next door will still take place.

    Will this reduce the overall resell of my property in years to come if i did build something new on it?

    Also if i do keep the house the developer has asked during the construction phase if they could utilise my land whilst building a retainer wall for their project. Can i ask for compensation during these times as it is an inconvenience to my lawns and a disruption to my yard.

    If so, what would be a reasonable price to ask and in what payment structure; daily, weekly etc

    Thanks in advance

    Dan

Viewing 5 posts - 1 through 5 (of 5 total)