澳洲Australia property Anyone doing subdivisions? | Sydney
在澳大利亚 The pool at of an IP needs to be resurfaced (or so the pool doctor says), the cost was estimated to be $10K ($10,000), after recoverying from my impresssion of a cat coughing up a fur ball, it just seems far too much. Its just a standard poo I need some advice regarding a property purchase. Property - semi-detached house Bedrooms - 2 Condition - average needs internal reno to modernise Street - one of the best in suburb Location - excellent Close to schools - yes Transport - 50m
Is anyone doing subdivisions in Brisbane or Melbourne.
I want to get a feel for which city would be best to employ this strategy.
Basically in 1 lot *(with a house on it) into 2 or 3 lots is what I'm looking for.
I've looked at most major cities looking for cheap, low-downside development opportunities.
My ideal situation is to buy an older house on a large block, with an idea of retaining the old house and building a new townhouse up the back. I am chasing such situations right now in Frankston and Frankston North for around the $300,000 mark.
When I lived in WA, I did this a few times in a suburb called Bentley, near Curtin University. I feel that Frankston is better because, in addition to having a small university sub-campus (part of Monash Uni's school of Nursing), it is also a really cheap beachside suburb.
Did you subdivide or strata title them?