Benefits of residential subdivisions
One of the most obvious benefits of residential subdivision is profit. Rather than redeveloping and selling just one property, you create two or more, and sell off each individually. The larger the property and the more in-demand its location, the greater the money to be made. What’s more, you don’t have to sell every block at once; you might choose to keep one, either for living in or renting out.
Subdivisions
If you’re on a mission to make the most of your property, then subdivisions are definitely worth considering. For many clients, re-zoning in some council areas has opened the door to subdivision opportunities they had never imagined possible. We can assess your property for feasibility, inform you of your options and create a feasibility and preliminary layout plans for your site, thereby helping you to save on planning costs.
sub div is ions
What does residential subdivision involve?
Subdivision might sound like a simple, straight-forward process, but, in reality, it’s not necessarily easy if you have not developed a property before. Getting it wrong can be expensive and very frustrating.
The first step involves figuring out the feasibility of subdivision on the subject allotment. Work with us on this and we’ll investigate your property from every perspective. We’ll let you know what is and isn’t possible, taking into account State Government and Local Council plans and regulations. Over our years in the game, we’ve developed strong relationships with many local councils and gained intimate knowledge of development issues.
Next, we will provide you with a detailed explanation of your options. You may take as long as you like to determine which option suits you best. It’s important to consider a variety of factors, including your existing dwelling, budget, location, precedence in the immediate area and any relevant regulations. We’ll respond to any questions you might have throughout the process and provide you with current market advice, should you need it.
In consultation with us, and once you have decided on the most beneficial way forward, it will be time to think about plans, which, ultimately, must be submitted to council or private certifier for approval.
Delve Design are here to answer all the questions you may have on subdivisions. Get in touch with us today by calling 02 9980 9528
