Join Australia's most dynamic and respected property investment community

"Intentional Communities" or 21st century Hippie Communes

Discussion in 'General Property Chat' started by GregB, 22nd May, 2016.

  1. GregB

    GregB Member

    Joined:
    22nd May, 2016
    Posts:
    17
    Location:
    Gold Coast
    More for retirees and those with home run business(internet) or wanting to permanently escape the rat race and live "off the grid", there's a small market for semi-rural properties being developed into "communes". Well, not really communes, in the old days they called them "private courts".
    Well, combined with 10 or more like-minded silly buggers, i'm looking at around $5,000 an acre before the house, and only 30 minutes to the coast or a small country town.:rolleyes:
    There are a few web sites promoting this and enlisting fellow investors.
    Seems like a good deal to me.:)
    For those of us who can't afford a million $+ house on the coast but are retired and self-financed, i'm researching my retirement with increased enthusiasm.
    Living with all the basic facilities except major city "benefits", this seems like a great deal.
    We're presently negotiating with Council for building permits and progressing well.
    Lots of info to share if anyone else is interested, but i doubt this would appeal to many people under 60. I'm interested in what others think.
     
    LibGS, Joynz, ellejay and 1 other person like this.
  2. thatbum

    thatbum Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    907
    Location:
    Perth, WA
    Doesn't your typical rural-type zoning only support only one house and maybe one ancillary dwelling per lot only? How do you get around that?
     
  3. GregB

    GregB Member

    Joined:
    22nd May, 2016
    Posts:
    17
    Location:
    Gold Coast
    Yes it does - generally.
    We're still negotiating but rates on a vacant piece will yield $500+ pa while 20 houses might yield $50,000 and there are many other benefits to the council.
    It's early day but we're hopeful.
    That's why i posted here, to see what the general opinion is.
     
  4. bob shovel

    bob shovel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,391
    Location:
    Somewhere in the land of Oz
    More families are also doing this to get out of the cities etc and live with like minded people.

    Where are you talking about? North coast nsw?
     
  5. thatbum

    thatbum Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    907
    Location:
    Perth, WA
    Well I hope you have more up your sleeve than trying to convince council to overlook zoning laws because of the increases to rates.

    Off the top of my head, the only thing I can think of that's analogous is like a caravan park.
     
    MTR and sanj like this.
  6. GregB

    GregB Member

    Joined:
    22nd May, 2016
    Posts:
    17
    Location:
    Gold Coast
    Southern Qld coast Bob.
     
  7. GregB

    GregB Member

    Joined:
    22nd May, 2016
    Posts:
    17
    Location:
    Gold Coast
    Yes, there's a lot more to it than that. Yes, caravan parks require special zoning, as do high rise and other land uses with multiple dwellings/residents. Thanks for your input.
     
  8. Marg4000

    Marg4000 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    937
    Location:
    Qld
    You might do better in northern NSW. There are quite a few successful multiple occupancies around Nimbin.
    Marg
     
  9. Tyler Durden

    Tyler Durden Well-Known Member

    Joined:
    19th Jan, 2016
    Posts:
    281
    Location:
    Australia
    Very successful out that way Marg, great opportunities for greenfield developments too :D
     
    Cactus likes this.
  10. GregB

    GregB Member

    Joined:
    22nd May, 2016
    Posts:
    17
    Location:
    Gold Coast
    Thanks Marg, i've been searching for weeks and haven't yet found one that was actually operating with multiple houses, families, etc, other than $115,000 portions for sale!!! That's not really the point is it.
    Maybe there are they just don't want to advertise it.
    Green Cauldron has a list and i haven't yet been to each one.
    Cheers
     
  11. GregB

    GregB Member

    Joined:
    22nd May, 2016
    Posts:
    17
    Location:
    Gold Coast
    It's been 6 months and things have progressed slowly. We have a FB group with 500 members, a conditional contract on a block in Hervey Bay area, draft site plans, town planning and other consultants appointed and we're told that within 5 to 6 months, our 40 members will all begin building. $20K per acre with a few 1/2 and 3/4 for those who can't handle big areas.
    I think i should open a post under a different heading, but if anyone's interested, FB is "Eden on Prawle".
    Cheers
     
    ellejay, Gockie and Terry_w like this.
  12. LibGS

    LibGS Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    616
    Location:
    Melbourne, Australia
    I've always wanted to do this with like minded geeks. Small eco community, 10 or so seperate households, shared veggie gardens, shared equipment, big data pipe and large shed with offices/cubicles to allow remote work.

    Good luck, it sounds wonderful.
     
    GregB likes this.
  13. Ed Barton

    Ed Barton Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,129
    Location:
    Brisbane
    Shared headaches. Big ones!
     
  14. GregB

    GregB Member

    Joined:
    22nd May, 2016
    Posts:
    17
    Location:
    Gold Coast
    What's the big headaches mate? Have you had bad experiences?
    Care to tell where?
     
  15. skater

    skater Capitalist Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    1,422
    Location:
    Sydney
    A big shed with a huge cement floor to roller skate on.........
     
    LibGS and DaveM like this.
  16. GregB

    GregB Member

    Joined:
    22nd May, 2016
    Posts:
    17
    Location:
    Gold Coast
    And why not. We do have a host of communal facilities planned but not one of them.
    Join us, but leave your Sydney weather behind!!
     
  17. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    4,955
    Location:
    Sydney
    What a bargain.
     
  18. GregB

    GregB Member

    Joined:
    22nd May, 2016
    Posts:
    17
    Location:
    Gold Coast
    True, if it was done on a commercial basis, it'd cost double that (at least). But this is a communal syndicate where nobody makes a $. Everyone's in it for themselves as a group.
    Join us
     
    ellejay and Gockie like this.
  19. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    4,955
    Location:
    Sydney
    I'm no where near 60 though.... maybe I can own a space there and use it only for holidays?
     
  20. GregB

    GregB Member

    Joined:
    22nd May, 2016
    Posts:
    17
    Location:
    Gold Coast
    Our co-chair is 28 with young family. He's working from home at present and will continue after he's built his container home.
    Check out the FB group.