Intrigue wrote:
Thanks for the link JJ7.. but I think in that situation they are selling a lease, the use of the land rather than ownership of the land. and yes I am fussy, like everyone else I want the dream block for next to nothing.They tell me if I work hard enough and focus positively enough……..

Land is definately for sale

Thanks for the feedback guys.Most of you seem to know more about this than I do.Spoke to a town planner from the appropriate council today.He tells me that the 200 acres is zoned farming and that a subdivision is possible as each lot would be the minimum of 100 acres required under their guidelines.It is a corner block so access to both would not…[Read more]

Paul R wrote:

JacM wrote:
I think what the guys probably mean is that they are guessing that since 200 acres is a lot, the pricetag is probably big.  Let's call the pricetag 3 million.  In order to get a loan, you have to come up with the deposit and stamp duty money (eg 20% deposit plus stamp duty which is normally around 5% of the pr…[Read more]

JacM wrote:
I think what the guys probably mean is that they are guessing that since 200 acres is a lot, the pricetag is probably big.  Let's call the pricetag 3 million.  In order to get a loan, you have to come up with the deposit and stamp duty money (eg 20% deposit plus stamp duty which is normally around 5% of the property cost) plus al…[Read more]

How do you come to that conclusion?

Land is in country Vic.