Do you have a hidden Real Estate Gold Mind in your back yard?
Down to 500m2 blocks can now be subdivided into two separate entities, certain areas allowing for substantially higher density than a dwelling per 250m2.
A basic single subdivision may well find a lazy $200,000 laying in your back yard.
BGC Property “Sub Division Gold”
Councils love higher density throughout Australia, and no wonder;
• They charge us ridiculous amounts for doing the job for them.
• They save millions on infra structure and services.
• They add rate-payers and income sources for each sub division made.
However, land values are steadily increasing, and a bit of your back yard may well have a value today that is 5 10 times the amount the entire property was originally sold for.
Subdivide and build accommodation for parents or children?
Subdivide and build a small house for rental income – ongoing retirement cash from your back yard?
Subdivide and sell off – generate a pile of cash for some world travel or some exiting toys?
(You do not need to build; a subdivision with approvals and building plans is a very valuable product to put on the market,)
Let Warren or Olle assess your situation, inspect and measure, and provide suggestions on what can be done to achieve your desired outcome.