All Topics / Value Adding / Subdividing vs Strata – which is better?

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of godivergodiver
    Participant
    @godiver
    Join Date: 2004
    Post Count: 3

    Have purchased a house with a view building another house on a battleaxe block at the rear and strata titling.  After a meeting with the surveyor he thinks it will be possible to subdivide even though it doesn't strictly fit the council requirements.  I've always had the impression that subdividing was preferable but now I am not sure this is the case with a small development like this.  Interested in anyone's thoughts on this!

    Profile photo of Andrew_AAndrew_A
    Participant
    @andrew_a
    Join Date: 2003
    Post Count: 392

    Can you find examples of sale prices for the different product? Perhaps council will only allow the one process so that will remove the doubt!

    Profile photo of wisepearlwisepearl
    Member
    @wisepearl
    Join Date: 2009
    Post Count: 264

    When you say it perhaps doesn't fit the council requirements, have you seen any other examples of properties where they have granted exceptions and approvals to already? Can you look for evidence to set a precedent prior to engaging a surveyor?

    Is the plan to hold and rent? or to sell 1 or both?

    Also to strata-title is to subdivide in one sense. so are you referring to creating a green title block compared to a strata titled block?

    Cheers,
    Emma

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.