Retain and build development blocks

[westminster]

Here's a potential - but only 688sqm - can u do duplex on that?

http://www.realestate.com.au/property-house-wa-embleton-115820811

You can do a duplex on 240sqm if the zoning is R80. You need to ascertain what the zoning is for the blocks you are looking at then work out what the minimum and average block sizes for that zoning.

You need to read http://planning.wa.gov.au/dop_pub_pdf/State_Planning_Policy_3_1-Residential_Design_Codes_Print.pdf

Especially page p58 which has all the sizes on it.

 

[Tulamalula]

Thanks Westminster, so far have not been able to find anything but R20/25 blocks.

So I went by the Ashfield blocks - front house is a single storey 3 x 1, it would originally have been built on a 1/4 acre block running down to the river, block already subdivided and battle-axed, so access to the 5 bedroom two level house on the river (ie backyard of the 3 x 1) is down an access on the left hand side. To subdivide again, you'd have to have access to the existing access - I don't know how that would but it's all too difficult for me.

Saw the one at Dianella - got super excited and was ready to ring the agent and make an offer of asking price on the spot - $485,000K ... nope, made a mistake, it's $600K, I wrote the price down wrong

Third property is a potential winner, the actual $485K one, and will be looking through it when I can get hold of the agent.

 

[perthguy]

Here's a potential - but only 688sqm - can u do duplex on that?

http://www.realestate.com.au/property-house-wa-embleton-115820811

"Under Contract"

 

[Tulamalula]

Yeah, that under contract appeared in the space of me writing the post, having a coffee then going back to RE.com

 

[perthguy]

Saw the one at Dianella - got super excited and was ready to ring the agent and make an offer of asking price on the spot - $485,000K ... nope, made a mistake, it's $600K, I wrote the price down wrong

That sucks! I have done that too.

 

[catsteve]

http://www.realestate.com.au/property-house-wa-djugun-115864059

broome. corner block.
appears to be R30. neighbouring blocks have been battle axed.

 

[perthguy]

Yeah, that under contract appeared in the space of me writing the post, having a coffee then going back to RE.com

It sold in a couple of days. I didn't even get a chance to inspect :-(

But yeah, it was a 2 unit site.

 

[perthguy]

Technically the limit for an R20 duplex block is 900 sqm. However, WAPC will consider varying the average lot size by up to 5% under certain circumstances. Development Control Policy 2.2 is your starting point for this.

Realistically, you would be looking for a minimum of 855 sqm for an R20 duplex block.

 

[Tulamalula]

Yeah, I just realised this

The little dump on 808sqm won't do. Still, it's in a great location and I could afford to sink $80-100K into a reno, possibly more and stick on a second level, and flip it ... or rent and hold and hope they change the zoning.

Have to do the sums.

 

[Tulamalula]

Maybe this is Swan View - not the area I wanted, but it's big and it's renovated, and rent could cover the mortgage.

http://www.realestate.com.au/property-house-wa-swan+view-115582631

Mt Nasura - only 30mins to city

http://www.realestate.com.au/property-house-wa-mount+nasura-106370760

Golden Bay - 2 street access

http://www.realestate.com.au/property-house-wa-golden+bay-115719995

Maybe I should be looking further out from Perth for the first project.

 

[perthguy]

This is an easy guide to working out the lot sizes.

http://www.bayswater.wa.gov.au/cproot/154/2/Guide-Subdivision.pdf

Best value retain and build on the market?: http://www.realestate.com.au/property-house-wa-medina-115365607

 

[Colin Rice]

William Street is also quite busy.

Developments on main thoroughfares always sell for less and take longer to sell.

Haven't been down William Street in a few years and it was busy then so will be a lot busier now the way Perth is growing.

 

[Tulamalula]

Definitely not going for anything on a busy road, hate it myself and assume others do too.