Forums / Property Investing / General Property / Profitable to purchase old home on large block to later demolish and subdivide?

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of MareeMaree
    Participant
    @maree73
    Join Date: 2015
    Post Count: 2

    We are considering the above strategy with view of subdividing the land and selling off the land components within a 2 year period (not to build on the land that is). Has anyone had much experience if this is a profitable exercise please? We understand many factors would come into play, but in general are curious about this one.

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

    Which State are you considering. Subdivision can be profitable in Victoria if done well, in right areas and has good recent sales history.

    #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 MareeMaree
    Participant
    @maree73
    Join Date: 2015
    Post Count: 2

    Hi and thanks for your reply. We would be considering purchasing older property in Adelaide North Eastern region.

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

You must be logged in to reply to this topic.