articles
- NEW SOUTH WALES OFFICE NOW OPEN!!!
- What makes a property developer?
- Subdivision Permit Cost Set to Jump - By Reid Sexton
- In city's middle-ring burbs, many towers rise By Simon Johanson
- Zones. Where to find them and what they are for.
- How long will my planning application take to process?
- How many units I can I fit on the property?
- Things to look for when purchasing a development site
- Melbourne Property Forecast
- ResCode and Guidelines
- Council Nod for High Rise - By Donna Carton
- Doing their block over subdivision - By John Dagge
- Subdivide & Conquer - By Kate Robertson
- Underlying Factors or Risks When Subdividing
- Property Developing Risk Versus Reward
- Subdivision and Town Planning Approval
- Subdivision Approval (SA)
- Town Planning Approval (TPP) Definition
- Uncertainty and Certainty of Planning Permits
- Property Subdivision Factors to Consider
Property Subdivision Factors to Consider
Zonings. We have seen many cases where a property on one side of the street is zoned in a different manner to the other side of the street which may prohibit or discourage the development of a new dwelling.
Design and Development Overlays. You may find an overlay may restrict height or size and in some cases the subdivision of land itself.
Easements. Some properties have easements whcih may determine whether or not land can be developed. They may inhibit dwellings size and only allow for carports and driveways.
State and Local Council. Many times we have been apprached by inexperienced property developers who have purchased property based on "the one next door" method which may have up to three or four dwellings, only to discover that the property was granted a permit prior to council or state government changes.
Due to these changes only two or even one dwelling is now permissable. Suddenly, with this new information, the property does not stack up as a profitable development.
Set Backs. No one rule applies to each council or property. When taking all the set backs into account, it may mean the difference from being able to build a 3 or a 2 unit development (more information on this is under the 300m2 rule).
In some cases clients have engaged a series of consultants to form an application for submission to council, only to discover that the property does not meet the new requirements! The consultants have not take all factors into account.
- Neighbours objecting
- Residential code requirements
- Private open space
- Turning circle driveway
- Underground authority assets
- Neighbourhood streetscapes
- State and local council objectives
- Overlooking and shadowing of neighbours' property
The certainty in having a permit in place will add value to your property. The purchaser is aware of what they are purchasing and all of the uncertainty (risk) relating to planning has been eliminated. By going through the planning process and obtaining a planning permit, you will add value to your land.
Certainty of a property permit comes in two forms, the stronger the permit, the more money you will make.
(TPP) (Town Planning Permit) and (SA) Subdivision Approval.
Town Planning Permit (TPP): By going through this process of obtaining a Town Planning Permit you eliminate some of the biggest questions of all.
