Delays in getting satisfactory development approvals can be one of the most frustrating aspects of development. Slow Council approvals are one aspect. Special reports by Consultants might be required which might involve infrastructure charges to increase. Good due diligence and consultants who now their work and regulations and extra caution in making sure contracts and details are in order could help avoid this risk.

Let’s take this evaluation and apply it to property development. Most people believe that just because the people next door have now subdivided and built a new dwelling that their property will increase in value due to the new precedence whilst this holds some truth in most cases is wrong Why? Let me explain. Firstly the property next door went through a stringent planning process in order to obtain permission for the new subdivision and Dwelling. It went through a series of checks, applications, amendments, objections and consultation before there was an allowance to build another dwelling. Its is this process that inevitably adds values to your project once a planning permit is granted.
There are underlying factors (risk), which may prevent YOUR property in obtaining the necessary permit to do the same.

What are these ‘factor’s’ you may ask?

Just to name a few

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 which may prohibit or discourage the developing of a new dwelling.

Design and development overlays where you may find that an overlay as such may restrict height or perhaps size and in some case’s the subdivision of land its self.

Easements. Some properties have easements which in some cases will determine if the land can be developed. They may inhibit dwellings size and only allow for car ports and drive ways .

State and Local Council. Many times we have been approached by inexperienced property developers who have purchased property based on the “one next door ” method of assessment only, which may have up to 3 or 4 dwellings, only to discover that the property next door was granted a permit prior to local Council or State Government changes.

Now Due to such changes only 2 or fewer dwellings were permissible. Having the new and current information, the property suddenly does not stack up as a profitable development.

In some cases a series of consultants have been engaged to form an application for submission to Council, only to discover that the property does not meet the new requirements!

Other factors that may come in to play when trying Kamagra Soft to obtain a Permit:

* Neighbours objecting
* Residential code requirements
* Private open space
* space for Turning circles drive way
* Underground authority assets
* Neighbourhood street scapes
* 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 as the purchaser knows what they are buying and all the uncertainty (risk) of the permits has been eliminated.
The Certainty of a Property Permit comes in two forms, the stronger the Permit, the more money you will make, a town planning permit and a subdivision permit.

Town Planning Permit (TTP) also Levitra known as DA development approval – By going through the rigmarole of obtaining a Town Planning Permit you eliminate some of the biggest questions of all…
What can I achieve? How will it look? How big will it be? Can I subdivide?
How many dwellings will I obtain?

A subdivision permits (SA) usually follows the town planning permit in number of lots to the same number of dwelling allowed under the town planning permits, in cases where the land is for subdivision only then a (SA) is all you need to continue to facilitate the development into further lots (note: most localities require a town planning permit prior to subdivision permit if the lots are subdivide in smaller lots then 500 m2)

Author Bio: property subdivision has been helping home owners subdivide and develop property for over 14 years , if you looking to develop you property call the subdivision professional today for you free site analyses on 1300 767 893 or visit us at www.propertysubdivsion.com.au

Category: Finance/Real Estate
Keywords: property subdivision, subdivide and profit ,subdivide,town planning permits ,melbourne subdivisions,