Appreciate the feedback thank you :)
makes sense cheers, I was thinking of listing it for $600,000, the subdivision costs have been quoted at $150,000 leaving $250,000 for the developer.
Hi all, I have nearly 2 acres in northern melbourne that by the councils DCP can be subdivided into 3 x 2400m2 lots. I was going ot subdivide...
The couple who own the land have separated and the female party had made sure it was a very ironclad favourable contract for her/them. One point...
thats what i thought too! they could argue that technically it is available 20km away if they wanted to.
thank you all for your feedback, will consider it.
id explained the situation pretty clearly im pretty sure he understood what we want to do. but yes for sure, IF as a last resort we had to borrow...
the private lender i mentioned initially offered us the full $980,000 yesterday but at 2.5% per month, hence my thread on here, was seeing if...
thanks for the response, if thats the cost i'd be pretty happy.
We have just purchased 17 acres of land in the North of Melbourne. It has 2 zonings with 1 zoning being Low Density Residential. The land was...
So the agent we are buying land of advertised the block as "all services available", turns out by available he meant the sewer line is 62m away...
If it was just on the $200,000 to subdivide then might be that. It its on the entire $980,000 then the interest alone is nearly $6000 a week, yes...
Hi Paul, I knew I was taking a risk by not signing subject to finance but due to the opportunity available believed it was worth it and still do,...
I deal will Councils daily with my business, you arent the first person to be told the wrong thing by them, they really are useless!
thanks for your response by the way :)
Hi Peter, thanks for the response, CBA are actually offering a 95% lend and like you i was worried about the size of the land with them but they...
yeah i did alot of due diligence but stupidly took the advice of the agent regarding services, the ad for the block stated "ALL SERVICES...
Hi all, I am new here but have enjoyed reading quite a few threads but its time to post my first one. So....where to start..... VERY long story...
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