Hi everyone i wanted to start a log on my newest project to share ideas and get opinions from the experts here. My partner and i bought this property in June 2014 for 490k. Originally we bought as a long term investment with a eye on possibly knocking down and building a house for us and the family in the future. The block itself is 655m2 corner block zoned at R20 currently and can be upgraded to R25 with the current town policy. Existing House I currently have a few different ideas on how to move forward with this property. Plan A. Is a built strata duplex development. The block is currently undersized for this 2 x 350 = 700m2, however if they allow the 5% variation for special circumstances it brings the required area down to 665m2. This is very close to what im after and i was hoping they would look at the development with all its merit rather than just flat out denying me. Proposed Unit 1 Proposed Unit 2 This is our preferred plan as we can develop and create some more equity while also having a house we would be happy to occupy with a family 5 years down the track. I have drawings ready for planning approval however when my friend went into to lodge them for me they told him the fee would be 2080. This seems really high to me for planning stage only especially since they might just throw out the development all together due to the area restrictions. Plan B. Is to move into the house ourselves and renovate firstly to create some equity then build a granny flat on the corner of the block. In the long term this would work out just as well as we could possibly subdivide into a triplex in the future if the zoning does change like planned. If anyone has some ideas or opinions on the council side of things please feel free to share. As i said earlier i will continue to update the thread depicting which way the development goes. Fingers crossed it works out as planned.