QLD Easement Stormwater

Discussion in 'Property Analysis' started by couq, 13th May, 2021.

Join Australia's most dynamic and respected property investment community
Tags:
  1. couq

    couq Well-Known Member

    Joined:
    19th Sep, 2016
    Posts:
    280
    Location:
    Melbourne, Australia
    This is a house in Brisbane that has a character home (cannot be demonlished) however I see a huge easement right across the land.

    Would this stormwater drainage affect pricing and future resale given the house cannot be demolished anyhow
     

    Attached Files:

    couq, 13th May, 2021
    #1
  2. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,248
    Location:
    Sydney or NSW or Australia
    Depends upon how deep the block is, where the existing house is sited, what are the terms of the easement ie who benefits/can it be extinguished? Will it's surrender add value in any way?
     
    Scott No Mates, 13th May, 2021
    #2