subject: Subdivision Approval (sa) & Sell - Minimum Profit Subdivision Approval Only [print this page] In this structure a Subdivision Permit is granted without a Town Planning Permit. If the block is smaller then 500m2 a building envelope is designed for the proposed dwelling. This type of structure is not recommended for blocks smaller the 500m2 as it still leaves the purchaser open for Council and Local objections when applying for Town Planning Permits most council will also require a TPP prior to a SA with lots smaller the 500 ms .
Profits are minimal as there are still some uncertainty as to what design and town planning permits can be obtained. Coupled with Service and Connections still to be completed and Solicitor fees for the section 172 agreement, the expenses and uncertainties soon add up, this is An intensive and involved process, unless you complete the services and connections which will enable you to obtain a title.
This type of proposal is best suited for corner blocks or blocks over 1000m2 as you will find that on corners the subdivision has less requirements compared to back yard blocks .
It is also highly recommend that the Services and Connections along with new title be completed although not necessary, for the sale, the sale usually involves a contract of sale and licence agreement drawn up by the solicitors. Services and connections can consist of , electricity pit , waste, storm water drainage provisions , drive ways.
What's involved?
1.Subdivision Application
2.Re-establishment survey.
3.Subdivision Permit application to Council
4.On approval property can then be sold with existing dwelling where applicable or as part under section 172.
5.The purchaser will finish the subdivision with the vendor and divide the expenses
