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Is the act of dividing a piece of land into two or more lots with individual titles to make it easier to sell or to develop. This high profit-potential option works on the same principle as Strata, where two or more pieces of land with individual titles are worth more than the original lot.
The subdivision process and regulations vary between Australian states and are governed by various local government planning acts. Investors considering subdividing should be aware that it can be complex, costly and sometimes lengthy. Dealing with councils, waiting on approval, permit fees, building costs and property market fluctuations should all be taken into consideration before pursuing this option.
It is easy to dismiss subdivision as for experienced and astute investors only.This is not the case. With the knowledge of our team and empowering mentor programs, high profit-potential strategy is accessible to all investors. |