Forum Replies Created
Hi Russell
By the sounds of it your block is a R20 block. As your frontage is only 19.8m then your only choice will be to do house behind house. The 10m rule cannot be varied. Even with the new changes in the WA planning commission the 10m rule still applies.
The City of Melville also has made an amended to their town planning scheme which would make it difficult to build single storey homes with double garages on frontages less than 10.5m
Survey – The age of the survey may not be an issue but just depends on which surveyor you are using to do this with.
I hope this helps
Ben Leitch
[email protected]Hi- a trust in not a recognised legal entity that can be on a title. I am assuming that your names are the same as the trustee of the trust. Therefore the only other way I know would be to set up a company and then transfer is into the new company entity. There are then costs in setting up a company, possible loan implications and STAMP DUTY too. Would it be worth doing?
Hi
Definately agree with Derek – Great opportunities in Perth with fantastic rent returns.
Just need to look a little
Ben
HI Ben,
Why are you looking for an investment group?
If you are in a financial position to a project on your own the returns will be better and the risks are about the same as you are more in control.
Ben
You can try NarrowLotHomes.com.au. as a free service before you commit.
David
Being R30, you would can get away with a minimum 270sqm block, but the average over the entire block would need to be 300sqm each block. However, being a corner block you may be able to get 3 blocks. This will depend on services, council approval on the variance to the average etc.
You will need to wait until the zoning change is through. In the meantime you could get a Contour and feature survey to help answer those questions.
What shire is it and have far away are they saying until the change goes through?
In regards to the TAX questions, Get a good Accountant that know what they are doing.
Working in the building industry has its highs and lows. Building has been low for a while but that will only increase demand for housing down the track. Here in Perth, there will be a problem soon as we need more housing to start to keep up with demand for rentals etc.
There are great bargains both established in the building sector. People have just been a little affraid to take the next step. The interesting thing is that in the week or so prior to the rate drop, land sales in developed older suburbs have taken off(ie larger blocks being sub-divided. I have been talking with a few REA in several areas and they have mentioned an increase.
Good new for every one.did you have any luck with finding a builder?
