Looking half seriously at purchasing a cheap 1,000m^2 block of land with an old house on it. Idea would be to sub-divide the land and then either;
1)reno existing house and build a 'display' home on the new 2nd block.
2)keep existing house as is and sell 2nd block un-improved
3)knock down original house and build 2 'display' homes
Obviously these decisions will rely on the numbers of various factors.
Anyway; how and where does one start in making inquiries?
How do we determine if council will permit sub division? As a side note, the block next door has been sub-divided.
What is involved in the sub-division process? I realise this varies from council to council.
Do legal eagles need to get involved? Or only if the council denies the application? If this is the case, I have an environmental lawyer mate up my left sleeve.
What research needs to be done to check that a house can be built on the new block? eg. mines, wells etc
Any words of wisdom would be greatly appreciated; especially from anyone who has successfully or unsuccessfully sub-divided and conquered