A large block, but can't be subtitled - To build second dwelling or not

Discussion in 'Development' started by Leonie, 17th Dec, 2017.

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  1. Leonie

    Leonie Well-Known Member

    Joined:
    25th Dec, 2016
    Posts:
    72
    Location:
    ACT
    Hi all,

    I have a small house with a large backyard. The block is over 1000m2, but it's in RZ1, title can't be splitted.

    Is it a good idea to build a second dwelling in the backyard or not? My neighbor has similar sized block, built both a studio and second house at the back yard. Is it difficult to sell? Not many buyer for this kind of properties ;- (

    Any advice, please.

    Leonie
     
    Leonie, 17th Dec, 2017
    #1
  2. D.T.

    D.T. Specialist Property Manager Business Member

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    3rd Jun, 2015
    Posts:
    9,189
    Location:
    Adelaide and Gold Coast
    Do you live in the house or is it a rental?

    If its a rental I'd build the other dwelling so you can rent both.

    If I lived there I'd keep backyard to myself.
     
    D.T., 18th Dec, 2017
    #2
  3. Ethan Timor

    Ethan Timor Well-Known Member

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    16th Nov, 2016
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    154
    Location:
    Australia
    Which is probably also what the future buyers will think. Investors may love it, home seekers probably not so much... :confused:
     
    Ethan Timor, 27th Dec, 2017
    #3
    Anthony Brew likes this.
  4. Excalibur1

    Excalibur1 Well-Known Member

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    19th Jun, 2015
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    Location:
    Sydney
    Its a big block, enough privacy for both if you put a fence in there to separate the 2 properties.
     
    Excalibur1, 9th Jan, 2018
    #4
    Ethan Timor likes this.