Time to start a thrilling thread on my new project - another Highgate development.
Take off your shoes, curl up on the couch and grab some popcorn.
I'm not going to put figures in yet. My back of the napkin calculations say at least 30% but it's very early days and options to think about.
So what did I buy?
552 sqm block
zoned R80
corner location with 40m long border on a ROW/Laneway
Cost: 1m
Settlement: mid November
Potential
The house needs some work but is retainable and I can either:
1. repeat the Turner Street baby apartment building
2. build possibly 3 houses in the rear facing Phelps Lane (would require demolition of an extension on the front house)
3. build 2 houses in the rear facing Phelps Lane.
4. Demolish front house and build 4 houses
5. Demolish front house and apply for 5% variation on avg block size and build 5 houses.
Photos
https://www.facebook.com/media/set/...073741831.100006363221160&type=1&l=4c55d97744
Take off your shoes, curl up on the couch and grab some popcorn.
I'm not going to put figures in yet. My back of the napkin calculations say at least 30% but it's very early days and options to think about.
So what did I buy?
552 sqm block
zoned R80
corner location with 40m long border on a ROW/Laneway
Cost: 1m
Settlement: mid November
Potential
The house needs some work but is retainable and I can either:
1. repeat the Turner Street baby apartment building
2. build possibly 3 houses in the rear facing Phelps Lane (would require demolition of an extension on the front house)
3. build 2 houses in the rear facing Phelps Lane.
4. Demolish front house and build 4 houses
5. Demolish front house and apply for 5% variation on avg block size and build 5 houses.
Photos
https://www.facebook.com/media/set/...073741831.100006363221160&type=1&l=4c55d97744