Hi, I will soon own a share in an R3 zoned property (with house) in the Newcastle area. The frontage is about 30m and its depth approx. 15 - 20m, while the land size is just over half an acre. We paid just under $500,000 for this property and got quite "lucky" tbh. As we are not builders ourselves, we thought the most profitable opportunity for us would be to first negotiate with council the zoning or seek conditional approval to build, say a 3 or 4 story unit-apartment style building. I would like to know how best to negotiate with council for approval. Should R4 zoning be a necessity to build units on this property, or if demand is high and supply is low within the immediate suburb could the property be approved for units? The plan then would be to sell the property at a little bit more than our purchase price - to a builder with efficiency economies to his/her scale and advantage. Sincerely.