Lot reconfigurations and sub divisions, Toowoomba

Hi Matt

The 2 lots means you don't have to pay infrastructure contributions for the second lot, up to $28k in QLD.

Fees.

Town Planner $2200

Surveyor $3-$5k

Plan Sealing $1k

water & sewerage $1-$10K each depending on whether you need to cross roads or not.

Underground power and telecoms possibly also.

D

Matt39, Yes they can be but it always remains buying the right block for the right price is where you will benefit as you always make your money on the purchase not the sale.

Some other things to consider as I have personally come into:

*Arborist 2k – 5k

*Tree removal 3k – 5k

*Excavation & dumping 4k – 10k

*Neighbours – arent they a chore 2k

*Council delays relodging for amendments 1k – 3k

*Renovating contingency for the un expected as Qld'ers are very expensive to paint if it is lead paint for example – 20%

*Water & sewage this can be a massive expense 5k – 15k

*Telstra connections 1k -3k

*Power pole installation 1k – 3k

*Driveway costs – this will depend on what council sets as a requirement 4k – 10k

*Retaining – sky is the limit here

*Second house – 75k – 200k

Boundary realignments are the easiest way to go and most cost effective i find, along with enabling you to still create solid profits if you do the job right.

Hope this helps