All Topics / Help Needed! / 3 x Units Development in Bendigo

Viewing 4 posts - 1 through 4 (of 4 total)
  • Profile photo of Melb InvesterMelb Invester
    Participant
    @melbinvester1
    Join Date: 2014
    Post Count: 38

    Hi all,

    I like to do a little Build project in Bendigo.

    The land size is 1125 sqm and flat “L” shape block.

    Thinking of squeezing in 4 three bedroom Units if possible.

    If the area is too small the other option would be 3 three bedroom Units and 1 to bedroom unit.

    I have spoken to the Town planner and he mentioned there is no problem as there are no ‘minimum’ area requirements.

    the construction type would be a Single storey investment grade build.

    Have attached a diagram below. I have prepared this sketch and it is not to scale.( cut and paste)

    Would like to hear your opinions on the following:

    1) Construction Costs /per Sqm Cost
    2) Build timeframes
    3) 3 or 4 lot sub divion cost per lot ( 30K per lot?)
    4) Layout/Design ( best ROI)
    5) body coporate setup
    6) Builders / drafty

    Also thinking this

    1) Keep currant front home with seperate title and build back.( No body coporate setup)
    2) Sub Divide first and sell with off the plan

    Your opinions are welcome!

    MI

    • This topic was modified 4 years, 10 months ago by Profile photo of Melb Invester Melb Invester.
    Profile photo of #Planning Permit#Planning Permit
    Participant
    @planning
    Join Date: 2014
    Post Count: 64

    I would like to help you reach your goals. Can you put the address on the forum so I can do my DD.

    #Planning Permit | AuArchitecture
    http://www.auarchitecture.com.au/
    Email Me | Phone Me

    Property Subdivision expert with 250 planning permits approved by Melbourne Councils

    Profile photo of Melb InvesterMelb Invester
    Participant
    @melbinvester1
    Join Date: 2014
    Post Count: 38

    Hi,

    send you the PM with site address.

    Mi

    Profile photo of #Planning Permit#Planning Permit
    Participant
    @planning
    Join Date: 2014
    Post Count: 64

    looks like a 13m wide frontage only zoning is gen res 1 which allows development but feel the narrow width ca be the challenge

    #Planning Permit | AuArchitecture
    http://www.auarchitecture.com.au/
    Email Me | Phone Me

    Property Subdivision expert with 250 planning permits approved by Melbourne Councils

Viewing 4 posts - 1 through 4 (of 4 total)

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