Hi
i spoke to a buying agent recently and he spoke about a very cool strategy of building a 2 storey townhouse that is actually 2 individual dwellings. Has anyone had experience with this sort of investment and if so what are the specific zoning requirements? Is it simply the same R40 / R60 sort of requirements or is it something else that is required to subdivide vertically? I'm in Perth by the way. I'm looking to buy presently and would like to be able to think of this possibility as well.
Cheers,
Tom.
Cant say I have but sounds interesting. Who was the BA?
Colin Rice | CDR Finance
http://cdrfinance.com.au/
Email Me | Phone MePerth Based Mortgage Broker - Investment Property Finance Specialist | E: [email protected]
Property Wizards. He seemed to know his stuff that's for sure.
I have clients who purchased a development site with a rental on it via Property Wizards.
Colin Rice | CDR Finance
http://cdrfinance.com.au/
Email Me | Phone MePerth Based Mortgage Broker - Investment Property Finance Specialist | E: [email protected]
You need to engage a town planner – try Aaron:
TheFinanceShop | Elite Property Finance
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tommytucker wrote:Hii spoke to a buying agent recently and he spoke about a very cool strategy of building a 2 storey townhouse that is actually 2 individual dwellings. Has anyone had experience with this sort of investment and if so what are the specific zoning requirements? Is it simply the same R40 / R60 sort of requirements or is it something else that is required to subdivide vertically? I'm in Perth by the way. I'm looking to buy presently and would like to be able to think of this possibility as well.
Cheers,
Tom.
So it's 2 townhouse that's on torrent title; just require a bit of land for the set backs.
Im in Sydney so not sure about the perth zoning for these development; but im currently in the processing of knocking down an old 1930 house and building 3 double storey townhouse on 3 separate title ( torrent) – hornsby council and the place is zoned Medium density Residential.
Speak to the local council town planner – free info + they will give you a bit of heads up on what's require.
Mick C | Shape Home Loans
http://www.shapehomeloans.com.au/
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Hi There,
With the new R60 coding laws just passed in WA, would it be possible to build 2x 2 storey townhouses side by side on a 12.5m frontage x 20m?
That would mean they would be 6mx20m each but 2 stories.
I am not 100% sure on the R60 zoning but I think it is now 150m2 block average and 120m2 minimum?
Thanks in advance!
Steph87 wrote:Hi There,With the new R60 coding laws just passed in WA, would it be possible to build 2x 2 storey townhouses side by side on a 12.5m frontage x 20m?
That would mean they would be 6mx20m each but 2 stories.
I am not 100% sure on the R60 zoning but I think it is now 150m2 block average and 120m2 minimum?
Thanks in advance!
Aaron is in WA and will be able to assist;
Colin Rice | CDR Finance
http://cdrfinance.com.au/
Email Me | Phone MePerth Based Mortgage Broker - Investment Property Finance Specialist | E: [email protected]
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