Morley WA: How many units can I fit on my property?

Discussion in 'Development' started by mick_perth, 20th Oct, 2015.

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  1. mick_perth

    mick_perth Member

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    Hi All,

    I've been reading a lot on this forum since being introduced several months ago by a friend and decided to sign up to join in on the discussions.

    I am looking at knocking down a house in Morley and building several units. I'd be keen to speak to someone that would be able to guide me in the right direction with how many I can fit on the block and any general pointers and guides.

    Thanks
    Mick
     
  2. Jamie_

    Jamie_ Well-Known Member

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    How many sqm is the property and what zoning is it?
     
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  3. HD_ACE

    HD_ACE Game-Changer

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    Yeap Zoning (prob r20/25) and sqm of property and we can give you an idea of what you can do. A retain and build might be an option rather than demo.
     
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  4. mick_perth

    mick_perth Member

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    It's currently zoned R40.

    The City of Bayswater restructure plan would look at it potentially being zoned R60. Size of land is just over 1000m2 but I am looking at developing on just over 500m2.
     
  5. mick_perth

    mick_perth Member

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    HD ACE - It would definitely be a demolition. The house stretches along the block. It is a corner property as well so has plenty of street frontage.
     
  6. Jamie_

    Jamie_ Well-Known Member

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    You're planning to sell 500m2 off? and then develop the other 500m2?
    If so, you'd probably only get 4 units (multis) on it, or 3 grouped
     
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  7. HD_ACE

    HD_ACE Game-Changer

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    Well R40 is minimum 180sqm and average of 220sqm. Or for apartments a plot ratio of .6

    R60 is minimum 120sqm and average 150sqm. Or apartments a plot ratio of .7

    So for the full block at R40 it is 4-5 units and R60 6-7 lots. Or apartments of 600-700 sqm of building area.Corner lot helps things.
    Hope that helps.
     
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  8. mick_perth

    mick_perth Member

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    Thanks HD_ACE and Jamie.

    I'm not looking at selling anything. Half the block has a garage on it which I'm looking at keeping. The other half I am looking at developing. Three double stories with shared wall between (6 units all up) would work then?
     
  9. Jess Peletier

    Jess Peletier Mortgage Broker & Finance Strategy, Aus Wide! Business Member

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    Also be aware that building 'several' units can mean getting into commercial finance rather than resi - the LVR's are lower with commercial, rates are generally higher and it's a bit more quirky. All depends on what you do though.
     
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  10. mick_perth

    mick_perth Member

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    Thanks Jess. I'd be looking at paying cash to build them.
     
  11. HD_ACE

    HD_ACE Game-Changer

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    Depending on location, and progress of zoning and if selling or keeping or subdividing you might be better off going for multi dwellings (apartments). On 500 sqm you you could build 4-5 apartments at say around 70sqm. But also riskier.
     
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  12. HD_ACE

    HD_ACE Game-Changer

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    Well developing under R40 is going to require 660sqm for 3 with the possibility of a 5% variation. R60 you you will get 3 on your 500sqm.
     
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  13. mick_perth

    mick_perth Member

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    I'd be looking at keeping them all. Utilise two for myself and renting out the other four. If I decided to build the three double stories what would be the approximate maximum area for each considering a shared wall is being utilised between the dwellings?
     
  14. HD_ACE

    HD_ACE Game-Changer

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    Well under grouped dwellings R40 would be 55% build area and R60 would be 60% build area as long as you can meet the outdoor space requirements etc. If you overlap the floors a bit so that some of one is above the other you might be able to get away with doing it under multi dwellings and using the plot ratio of .6 for more sqm of building.
     
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  15. HD_ACE

    HD_ACE Game-Changer

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  16. LifesGood

    LifesGood Well-Known Member

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    I work for a major WA building group and we have a specialised unit development division. PM me if you want me to put you in touch with a development consultant for a feasibility. Good luck!
     
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  17. Perthguy

    Perthguy Well-Known Member

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    You will need to contact a town planner at council and find out if you are able to retain the garage when you subdivide. I know people who wanted to retain sheds on a subdivided block with no house and council said no. I have no idea why but it is worth following up with council in case.
     
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  18. Big Daddy

    Big Daddy Well-Known Member

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    Are you talking about the Morley city structure plan for houses near the galleria or is there a new structure plan for bayswater?
     
  19. mick_perth

    mick_perth Member

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    Yes I am.
     
  20. Big Daddy

    Big Daddy Well-Known Member

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    If your so close to the galleria and get r60 then you may want to look at building apartments (if the numbers add up)