I have bought a 800m2 corner block in Ipswich area which has a small house on one half and the other half able to be subdivided according to council town planner.
Reading posts on the cost of subdividing a block in Ipswich area ($45k). What is the main difference between dual occupancy and subdivision …… is dual occupancy where you can have two properties on the one block on the same title, but if you want to sell one, then you would have to sell both? Whereas subdivision would mean that you have two titles enabling me to build a second house/duplex on a totally separate title which would allow me to sell each one individually.
Is my understanding correct, .. if not, can someone explain it to me.