All Topics / Value Adding / Subdivision

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  • Profile photo of nazzysmithnazzysmith
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    @nazzysmith
    Join Date: 2005
    Post Count: 102

    Can any one reccomend any reading material or web sites offering knowledge to novices regarding subdivision… Perhaps covering the process, timeframes, pitfalls, zoning costs etc

    Profile photo of wealth4life.comwealth4life.com
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    @wealth4life.com
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    How long is a piece of string, try going to the local council web site for info.

    Also try going to some planners in the area or the yellow pages etc, where is your site that you want info on, can you give us some clarity or are u just wanting general info.

    resiwealth

    Profile photo of dynamic didynamic di
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    @dynamic-di
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    I am now in the final stages on my very first subdivision in Brisbane. As a novice, I went to the council and asked their advice and picked up any material on how to do a subdivision. They were quite helpful, although I didn’t understand a lot of it. Much more costly, I have used townplanners to go through the process for me and to be able to learn.

    For me, it has been very challenging but if this is the direction you want to go, you need to take the plunge at some point. Good idea to do your research and find someone who has done a subdivision in the area you are interested, who will share their experience with you.

    Cheers and happy hunting.
    Diana

    Profile photo of nazzysmithnazzysmith
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    @nazzysmith
    Join Date: 2005
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    Nice one Di, Yes I was looking at subdivision, to cut my teeth on . If you dont mind i have a few questions

    1. How long did it take to get 100% approval and complete subdivision?

    2. Is possible to find out if property can be subdivided before purchase? And again what is the time frame.?

    Resi I tried the local council sites previously and found info on a few things. But nothing from a developers prospective.
    It appears that proprty development is a niche with little or no “How To” information available. ie if I was to start a small business there is a million and 1 books on “How to” start a small business. ETC. I accept that to a degree I must take the plunge. But common sense would suggest to read and take on board as much knowledge as possible while attempting this. So I was merely asking if anyone has read anything they can reccommend.
    As mentioned Im looking at a potential subdivision property at the moment.
    Looks like ill be heading down to council in the next few days like Di…
    Thanks Resi And Di.

    Profile photo of nazzysmithnazzysmith
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    @nazzysmith
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    Just got off the phone talking to council planning learnt more in the last 5 minutes then I have In the last four weeks.

    Profile photo of wealth4life.comwealth4life.com
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    @wealth4life.com
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    Thanks Mikie … resi

    Profile photo of dynamic didynamic di
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    @dynamic-di
    Join Date: 2004
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    In response to your questions.

    1. How long did it take to get 100% approval and complete subdivision?

    This is dependant on council and what you intend to do with the existing house. With my lack of knowledge, I didnt realise this and it delayed my DA by months.Just say it was a straightforward DA, there is a backlog in Brissie and can take up to 6 months. There is another step after this, which again I wasnt knowledgeable about. To split the block into 2 lots, you need to seal and register the titles. Depending on the conditions placed by council it can take up to 6 months. You cannot get the titles unless you meet the conditions. Be conscious that you will be up for more costs, not included in the DA. I had lots of angst and headaches with this project, but no pain no gain. I made several errors and judgement with this project, but I have learnt a whole lot more.

    2. Is possible to find out if property can be subdivided before purchase? And again what is the time frame.?

    The council will tell you if there are any restrictions, but advisable to read the material (from council)on the conditions which need to be met for subdivision. For my purchase, I placed a due diligence clause that it was subdividable. I engaged my townplanner to do a feasibility study to ensure there were no obstacles. Timeframe is dependant on busy the townplanner is to do the job, only takes them a few days work and you get a report.

    Cheers and good hunting.
    Diana

    Profile photo of nazzysmithnazzysmith
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    @nazzysmith
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    Post Count: 102

    Cheers Di
    Thanks for your info much apprec….

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