Hi
I've decided against doing the single dwelling construction behind the house. I explained why in another thread but mainly because it would be too stressful.
Would it be as stressful to go through the process of DA to subdivide and sell the back lot?
I know it would mean NG the front house for a while and I'd have to be prepared for the holding costs. I'll have another income stream coming in. Another $10 k a year. Plus the sale of my ip.
Buy house with proposed reasoning?
Buy house already with DA approval to subdivide?
With the view to sell the back as vacant land sometime in the future.
Thoughts?
I have a meeting soon with my BA to discuss a suitable strategy for me.
Thanks.
I've decided against doing the single dwelling construction behind the house. I explained why in another thread but mainly because it would be too stressful.
Would it be as stressful to go through the process of DA to subdivide and sell the back lot?
I know it would mean NG the front house for a while and I'd have to be prepared for the holding costs. I'll have another income stream coming in. Another $10 k a year. Plus the sale of my ip.
Buy house with proposed reasoning?
Buy house already with DA approval to subdivide?
With the view to sell the back as vacant land sometime in the future.
Thoughts?
I have a meeting soon with my BA to discuss a suitable strategy for me.
Thanks.