Go to the council's website and find the appropriate LEP and standards for the land that you are considering. All councils will have restrictions on minimum lot size for development, minimum street frontage, proximity to other townhouse/villa developments, open space, parking requirements, garbage storage and unit sizes.

Issues tend to include difficulty in obtaining insurance.You will need to speak to the town planner & surveyor/engineer @ council to determine the flood level and whether you will be permitted to fill the site upto and above the flood level – you may need to install special footings for the slab. Council will advise how raising the ground level…[Read more]

As Linar and Terry point out, your dispute is with the supplier not with Visa. You will need to address your issues with Deedlien. When you cancelled your visa how did deed lien follow you up to chase the outstanding money (as they couldn't charge visa)?You continued to use Deedliens website after you stopped payment – so were you dissatisfied…[Read more]

As Linar and Terry point out, your dispute is with the supplier not with Visa. You will need to address your issues with Deedlien. When you cancelled your visa how did deed lien follow you up to chase the outstanding money (as they couldn't charge visa)?You continued to use Deedliens website after you stopped payment – so were you dissatisfied…[Read more]

Is borrowing in your name an option (then on-lending to your company)?

A few basic questions that need to be answered:Is this supply covered by Home Warranty Insurance (NSW or Qld)? If yes, then it is an office of fair trading issueWas the supplier advised of the defects?Was the supplier given the opportunity to rectify the faults?Did they attempt any restitution or offer any solutions?Were the defects purely the…[Read more]

Technically the height is measured from floor covering to underside of ceiling or lowest protrusion however if the only element below 2400 is the underside of floor joists then it may be acceptable. Generally any room with a  ceiling height below 2400mm is not a habitable room. Refer to your local council building surveyor for a chat.

Installation is governed by AS3000, get your sparky to dig out the relevant sections for you or tell you what you need.

Any development site is sold STCA but it is not a restriction on the sale it is a restriction on the development ie your risk eg if it is zoned for two dwellings and you propose to put 6 on the block the DA will not fly – this is not the vendor's risk and a vendor would not be subject to you achieving DA for an auction sale only in the case of you…[Read more]

I'd recommend that you do the chasing of walls, installation of conduits & draw wire yourself then leave the cabling selection up to the sparky as they may prefer to use mixed circuits rather than separate light & power circuits. If you do as above you will be restricted in the installation. Seek guideance from the electrician (btw, buying from…[Read more]

Spicy, all feasibilities should be calculated without the effect of tax taken into account. If the project stacks up pre-tax, then it will stand up with tax.

If all else fails, see an accountant

As above, were the materials (fencing & steel etc) included in the sale? If there was no mention in the contract, then it could be presumed that these would be removed prior to completion.Request that the spoil from the works carried out be removed from your property prior to completion as well.As the third property does not have access to the…[Read more]

Think about it this way, which is going to leave him with more debt: Selling one of the properties, paying cgt and having to pay of debt for several years or holding onto the properties and having to fund a shortfall?Quite rightly as Terry points out, what has he done with the equity that he has reborrowed (financed a lifestyle)?

You've lost me totally on this one, hs the supplier has stuffed up or have they failed to supply all of the components which you have paid for however you are out of pocket by having to pay a local suppier to resupply the missing pieces or have you been hit with additional charges by your installer to re-establish several times due to the lack of…[Read more]

Valuers will generally address the valuation to the person who is instructing the valuation and is to rely on it (whether it be for mortgage, insurance, sale, property settlement etc). The valuer will note that they only warrant the use for the purose that the val has been instructed and have no liability towards anyone else who may rely on the…[Read more]

Why has the property value halved in two years?

Don't tell them that you will be repaying the loan in 12 mths or get a 2nd tier lender or borrow bank with bills.

I'd be more concerned about road noise (for the front unit) or security for some of the others, number of units in the block, how similar/different the units are – uniqueness adds value if it is the right sort of unique.

I'd recommend cougar or dyna but it depends upon what you are looking to achieve. Excel also has some useful tools (NPV, IRR) or the excel forums on the web (search for Norman Harker, the guru who created alot of the stuff in the current version of excel).