Offer accepted, contract surprise...

Discussion in 'The Buying & Selling Process' started by SirDingo, 29th Mar, 2016.

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  1. Corey Batt

    Corey Batt Well-Known Member

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    14th Jun, 2015
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    Location:
    Adelaide, SA
    What suburb is this in? Be mindful that in the majority of suburbs of Adelaide, hammerhead blocks value extremely poorly compared to traditional divisions.
     
    Last edited: 31st Mar, 2016
    Corey Batt, 31st Mar, 2016
    #21
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  2. bob shovel

    bob shovel Well-Known Member

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    18th Jun, 2015
    Posts:
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    Location:
    Lower Blue Mountains
    And call SA water, it's their asset! Their website may also have info
     
    bob shovel, 31st Mar, 2016
    #22
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  3. Skilled_Migrant

    Skilled_Migrant Well-Known Member

    Joined:
    21st Jun, 2015
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    796
    Location:
    Melbourne
    4m for access is an overkill for a 2 unit block. In vic its 3 m with a 4 metre turning radius (inner). ask for a copy of regulation.
     
    Skilled_Migrant, 31st Mar, 2016
    #23
  4. DaveM

    DaveM Well-Known Member

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    14th Jun, 2015
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    Location:
    Adelaide & Sydney
    Your frontage looks OK why would you do a hammerhead instead a centre split. As Corey said, hammerheads value poorly unless in the infill development demand areas close to city

    You can also search for water, power etc assets with the overlays at the site below
    Location SA Map Viewer

    I always do a search + DBYD for clients as part of DD
     
    DaveM, 31st Mar, 2016
    #24
  5. SirDingo

    SirDingo Well-Known Member

    Joined:
    12th Mar, 2016
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    Location:
    SA
    The existing house at the front is in good condition. The thinking was to use the 'free' land to build and hold a small house on a hammerhead behind. The numbers don't quite add up with a demolition and split.
     
    SirDingo, 31st Mar, 2016
    #25
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  6. DaveM

    DaveM Well-Known Member

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    14th Jun, 2015
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    3,761
    Location:
    Adelaide & Sydney
    Whats your land size and dimensions? Unless on 800+, by the time you maintain your POS requirements + driveway, and dont want to do a community title, its hard to make it stack up
     
    DaveM, 31st Mar, 2016
    #26
  7. SirDingo

    SirDingo Well-Known Member

    Joined:
    12th Mar, 2016
    Posts:
    88
    Location:
    SA
    Land size is 720sqm. About 18x40m.
     
    SirDingo, 31st Mar, 2016
    #27
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