When a bank calculates the valuation of your already subdivided lot, i.e. do they calculate the value of the 4 lots only (land only) or do they...
Hey , Just wondering what people normally do for a unit development in terms of air con? We are building 4 units - 2 story. The initial quotes...
Hey, My brother and I have purchased a block which we are progressing with a sub division, its got capacity to sub divide into 4 lots at R40...
Went on a periodic lease which allows for 3 weeks notice. Repairs are only to essential items like hot water. Luxury items won't be repaired,...
Hey, We recently purchased a property which is for sub division and the current tenant has expressed interest to rent the property for a time...
Rightio! So I've worked out roughly that after the sub division each block would have approximately 27k equity, which is about 18% of the total...
Yeah cool, so what sort of equity would they want to see post sub division. Is there normally a minimum? Would you get away with having 15% equity...
I am looking into doing a sub division and one of the properties we are looking at would leave us with almost bang on 0.8 LVR after the sub...
Just wondering what the go would be if you wanted to buy a small parcel of land off a neighbour? Would this be considered another full...
Is it usual to include the assigned car-park space in the calculations for the square metereage when selling/advertising a commercial property?
Another quick question: Lots of the places we have been looking at go up for sale and are sold within a day or so. Obviously this limits the...
Multiply Property Group It's just a "detailed estimate" with costs broken down, not a rock solid quote.
I used this method to calculate for a block I was thinking of subdividing into 4. $25k+$15+$15=$55k I got a quote today from a subdivision company...
Also are you including demolition in this sub division quote? Or is that added to the top of this. I've currently got 30k for subdivision plus...
As the calculation data I have been accumulating becomes clearer you can certainly see that there are lots of traps out there, properties...
Awesome thanks alot for this! $1500 was sort of the mark I was using. Should I also add a safety factor of 10% or so to this ? Or have you...
Hi, I've been researching sub division opportunities in WA and also property development in general for quite some time now and after engaging a...
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