newbie: can you build a house on a C1Z?

Discussion in 'Investment Strategy' started by artxty, 4th Oct, 2018.

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  1. artxty

    artxty New Member

    Joined:
    29th Sep, 2018
    Posts:
    2
    Location:
    melbourne
    hi all, newbie here, please be patient with me. sorry if i cant disclose the location as im still looking into it. (red rectangle)

    can you build a house on a c1z? or what would you do on this land?

    land is about 630sqm corner lot, just at the back of township with a population of 11,000.

    the old house across it (yellow rectangle) is currently for sale at $245k.

    thank you.


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  2. mikey7

    mikey7 Well-Known Member

    Joined:
    30th Mar, 2016
    Posts:
    1,173
    Location:
    Sydney, Brisbane
    No. Its commercial zoned land.

    Mixed use commercial centres for retail, office, business, entertainment and community uses.
     
  3. artxty

    artxty New Member

    Joined:
    29th Sep, 2018
    Posts:
    2
    Location:
    melbourne
    I'm just confused what Accommodation means, and what the condition means?
    Any frontage at ground floor level must not exceed 2 metres (other than a bed and breakfast and caretaker's house).

    and also not sure about Home based business, does it mean I can build a home/office?

    thanks.


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