All Topics / General Property / building on someone elses land, any thoughts?

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  • Profile photo of judijudi
    Member
    @judi
    Join Date: 2004
    Post Count: 119

    Has anyone had experience with building their own home on land owned by another?

    A friend of mine just bought 40 acres and we’re wondering if we could work out some kind of arrangement whereby I would take out a lifetime lease on a section of it and build my own home.

    His plan is to build several small low cost dwellings to rent out (in addition to his own house) as there is a shortage of affordable accomodation in the area.

    Any thoughts?

    Thanks

    Profile photo of garrytasgarrytas
    Member
    @garrytas
    Join Date: 2004
    Post Count: 36

    Hi Judy

    First thing first,
    Check with local council that you can do it !
    otherwise you can waste alot of time.
    Good luck
    garrytas[wink]

    [email protected] Always have cashflow positive Tasmanian commercial properties
    available

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