Completing a subdivision is a smart way to create profit in a relatively short time that can be used to purchase further property, or to recycle into another venture.
Finding suitable subdivision sites is difficult work. It requires countless hours of searching, calling agents, talking to council planners, engineering consultants, town planners, market research and negotiation. There are many hidden traps for the unwary when it comes to subdivisions. Have you considered subsidence, run off, easements, covenants, sewerage, water and electricity access? Are you familiar with the local DCP (Development Control Plan) and other restrictions on land use? What are the section 94 developer contributions?
As you can see, completing a subdivision is not for the ‘newbie’ investor. It is for investors that have some level of comfort with risk and are prepared to work with professional consultants to achieve the most profitable outcome.
To work with propertybuyer using the subdivision strategy you will need to meet the following criteria:
Using our extensive networks and research skills of our buyers agents, we identify suburbs and regions where completing a subdivision is worthwhile. Not all locations are equal. We look at the supply and demand situation. We examine whether there are any significant developments about to take place in the area that could affecting local market pricing. Once we have identified the right area, when then focus on finding suitable sites that would allow a profitable property subdivision.
Complete A Quick Property Brief To Get Started
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Step 1 – Tell us your requirements in the short Property Brief to be matched with one of our expert buyers’ agents who specialise in that area. Once you’ve hit send, we will review the Brief and arrange a consultation to discuss your details and the next steps. Please note the first consultation is obligation free.