DUAL OCCUPANCY YIELD BY PROPERTY SUBDIVISION EXPERT

 

After the Free! intial assessment we will tell you what you can build on your land  in greater detail.

A sample development analysis report is shown below.

 

SITE FEATURES

The site has a slight fall of 300mm  towards the rear. There are several trees on the site which I understood were not native and less than 5m high.The trees on the adjoining lot will require an arborist inspection. There are no poles or pits in front of the land which fortunately does not abut a road zone. There are examples of medium density developments in the neighbourhood which comprise of mostly single level dwellings with hipped roofs.

TITLE, LOCATION AND SERVICES

The 730sqm  site is serviced by a sewer at the rear.The stormwater pipe is to the rear of the site. No investigation has been made on the LPOD. There are no easements on the land and the title is clear of any restrictions.The land measures 16x45sqm approx. The distance from the back of the original house to the rear boundary is 26m. The site is  800m to the tram stop with a school bustop being 400m away. The closest shopping strip is 1KM away and the nearest school is 600m away.The property is suitable for medium density development.

ZONING AND OVERLAYS

The subject land is zoned General Residential 1 with no variations to the schedule. The site is burdened by a SBO, There are no other overlays affecting the land. The zoning will  allow more than two dwellings on the land with a maximum height of 9m. The neighbourhood character is mostly single storey which would imply the maximum height should not exceed a double storey.

EXPERT OPINION

In our opinion Council would support two dwellings at the rear of the existing house. The existing house will require some building modifications to make it comply with both planning and building regulations. The vehicle accessway to the rear is 3m. The proposed dwellings will be double storey, contain 2-3 bedrooms each and have a floor area of 125-135sqm each. For a medium quality finish, theapproximate  build cost would be around $370-$420,000 for both units including subdivision costs ( to be verified). Renovations to the existing house is not included in this figure. Your accountant and a Quantity surveyor will advise of depreciation benefits which could be around $42,000-$57,000 over five years,subject to  the units areheld as an investment. Council may require an open space contribution.

 

 

How much should you pay for this advice? Call me on 0448 170 132 and be pleasantly surprised. Or you can complete your property assessment form today.

AuArchitecture Melbourne

Mail only : #223, 2/134 Pascoe Vale Road ,Moonee Ponds 3039.

E:  Contact us

 

M:  0448 170 132 call me direct -7 days  from 9am to 7pm for the best advice on dual occupancy subdivision, custom home design, commercial projects  or town planning matters. 

 

                                                                                                                                                                                                                      

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AuArchitecture will gladly donate  design and planning services  to charitable organisations worldwide. Contact us.

We would love to serve you through smart and beautiful  designs for your dream house, dual occupancy, townhouse or apartment projects or commercial and industrial buildings which makes  a difference.

I recall doing a

  • large multi unit  residential design with a sky-street on the fifth level for the kids to play in safety while  creating  a real sense of community living and  

  • a modular home design which grew with the family budget rather like a series of plug in components and 

  • the windmill house with views where each stair landing led to a different view and function and

  • right down to designing and obtaining planning permits for practical traditional designs to meet the family  or developer's budget and objectives.

Our Founder has  worked on hundreds of development sites for dual occupancy and townhouses. He worked on commercial, health, education, retail and leisure projects to name a few other disciplines.

Our professional designs are flexible to suit your vision and realistic to meet your budget.