re: Help with finalising a Corner block

Discussion in 'Property Analysis' started by RJS, 1st Nov, 2016.

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  1. RJS

    RJS Well-Known Member

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    Hi everyone,

    Corner block is usually the last to be sold.

    Only remaining block is this and hence "thinking" to finalise on the below corner block.

    I understand everything is STCA but eventually would want to put a granny flat on this block.

    From a general perspective is it feasible?

    501sqm block.
    Any ideas would be helpful.
     

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  2. Propertunity

    Propertunity Well-Known Member

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    IMO that block is too small to get good separation between house and granny flat. I know the legislation says 450m2 is min. but the subject at 501m2 with boundary offsets and open space to be complied with does not cut it for me.
     
  3. RJS

    RJS Well-Known Member

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    Thanks for the reply Propertyunity.

    I feel too but this is my first experience buying any land. So appreciate your response.

    In that case, what would be the minimum descent size to look for? and is corner block not generally preferable?
     
  4. LifesGood

    LifesGood Well-Known Member

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    What would you build as the main dwelling?
     
  5. Tonibell

    Tonibell Well-Known Member

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    Depends on the size of the house - but a 7.5m2 street frontage would be great.

    Perhaps a design for the house that includes and attached granny flat.
     
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  6. RJS

    RJS Well-Known Member

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    To accomodate the granny flat was thinking to go with 3 Bed house.
     
  7. Propertunity

    Propertunity Well-Known Member

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    We try for bigger blocks in older suburbs that have them - 600 - 1,000 m2 if possible. Rear lane access or corner preferred but if the existing house is offset to allow access down the side - all good too.
     
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  8. RJS

    RJS Well-Known Member

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    Thanks everyone for your suggestions.
    If the legislation requires a minimum 450 sqm land. What size house, number of bedroom do they expect to be in the property?
    Then assuming there is enough offset, what size granny flat can fit in this then?
    Hope my questions make sense.
     
  9. Propertunity

    Propertunity Well-Known Member

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    "They" don't care how many bedrooms are in the house. For detached granny flat offsets allow 900mm off sides, 1.8m off the house, 3m off rear fence. Granny flat max size in NSW is 60m2.
     
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