Hi all,
Looking at a piece of land on sunshine coast that I can subdivide into three blocks. one with the existing house and two vacant blocks to build on. Could anyone help me out with what sort of costs will be involved and how much approx I'm going to need if i can get the go ahead from council.
Thanks for any help you can give,
AdamAdam,
Depending on the degree of difficulty, planning scheme requirements Min block size, SEQ Regional plan implications etc the costs could be 20K-30K to who knows how much. I have completed a similiar project recently and found the costs can in at about 75K each block. Costs covered stamp duty , solicitors, engineers, construction costs, energex, ……… on and on. Do a financial analysis carefully before you start. Get a good town planner. (I use Goodwin Midson & Partners and they have an office at Buderim I think).Have a look at 'Property Divas" website. It is run by a forumite at Ipswich andisone on thebest summaries ofthe development process I have seen so far. Also the Lady that runs "Property Divas" is very helpful.
Hope this helps.
JTWJTW,
Thanks for the info…. Really helpfull. We've been in contact with the council so far and the subdivisionis definately viable.
We have a surveyor doing some prelim work for us and we have a council architect (friend of father inlaw) looking into sewage water energex Etc for us. Thanks for the link to property passion it was very Informative.Thanks again
Adam
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