I'm abou to put an offer on a block with the intention to su-divide a nd build two house.
Anyone know what sort of time it will take to get the title sorted?by the way the block is in Perth
In most cases you wont get separate Title on the properties until after the construction is complete so assuming the block is appropriately zoned and the DA is a formality then ring the Local Council or talk to a private Town Planner to get an indication of the time frame.
Then from this add your BA and construction timings and probably another 6-8 weeks after formal completion and that will give you a good estimate of time.
Richard Taylor | Australia's leading private lender
Basically what Richard is saying is that subdivision isn’t quick. It can take 6-12 months to subdivide a block. So don’t buy it thinking you are going to subdivide in a couple of weeks. It takes a while, but there is a lot of money to be made if you can do it properly.
Ryan McLean | On Property
http://onproperty.com.au
Email MeAs a new member of this forum, I have had a good read of many posts – and this is another post that makes my 'blood run cold' – so to speak.
You need to know the answer to all these BASIC questions way before ' you put a contract on a block' – and if you are still asking them, you are not ready to buy – educate yourself first; it is a lot cheaper than buying the wrong property!!!
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