Recent content by brendio

  1. brendio

    10-lot Subdivision Civil Works Thread

    We paid for it all ourselves, since the existing fences, although old, were not in disrepair. The dividing fences act does not really cover replacing existing fences for cosmetic reasons. There was one neighbour who did not have an existing fence, from whom we could have asked for half the...
  2. brendio

    10-lot Subdivision Civil Works Thread

    Another belated update... The subdivided titles were registered around three weeks ago. We had a bit of a mad rush sorting through various accumulated stuff/junk stored on some of the other lots and last week we settled on the first four lots and repaid the loan in full for the construction...
  3. brendio

    10-lot Subdivision Civil Works Thread

    I lodged the Survey Plan with council this afternoon. We plan to hold off lodging it with the Title's Office until July 1 to help avoid a large land tax bill. The end is in sight!
  4. brendio

    10-lot Subdivision Civil Works Thread

    On Maintenance We had the council On Maintenance Meeting yesterday and today I received the acceptance letter that the civil work are now on maintenance. Council will hold a bond equal to 5% of the cost of works and we are responsible for correcting any maintenance issues or defects for the...
  5. brendio

    10-lot Subdivision Civil Works Thread

    It is finished! We got the asphalt down this morning, so that means that civil works are now practically complete. All that's left to do now is get the surveyors to peg the lots out and then gather together all the documentation for council to sign off on it. Sorry for the thread neglect. I...
  6. brendio

    10-lot Subdivision Civil Works Thread

    Overhead power works complete How many electricity contractors does it take to change a power pole? A lot, apparently! We got the power pole in the middle of the footpath removed and two new poles installed. The contractors doing the underground power works are still going. They hit a...
  7. brendio

    10-lot Subdivision Civil Works Thread

    More photos Duplicated Telstra conduits. Power pole to be moved and small section of footpath to be completed. Pad-mount transformer base:
  8. brendio

    10-lot Subdivision Civil Works Thread

    Nearing the end! Not much more to do now. The footpath is finished, apart from a small section around a power pole that will be relocated, and some extra concrete council have required us to put around existing Telstra pits. The old driveways have been removed and the kerb reinstated. The only...
  9. brendio

    Subdivision and CG tax

    I think you're onto something. See this very similar Q and A: http://www.bantacs.com.au/QandA/index.php?xq=20
  10. brendio

    Subdivision and CG tax

    Demolishing the house means she loses her PPOR CGT exemption, because your PPOR can't be a vacant block of land, and it would at some stage in the plan described. Cost base can be apportioned between the two new titles, and then CGT, if it applies (rather than income tax) would be liable when...
  11. brendio

    Cost to replace Telstra pits

    All done. They had it done in half a day. That works out at around $1100 per hour. That's for three guys and a mini-excavator. I'm in the wrong job!
  12. brendio

    10-lot Subdivision Civil Works Thread

    All the partial water services to vacant lots were finished on Friday, and the water meter to the relocated house was relocated to be within the new lot. Today, they removed the existing kerb crossover and started boxing up for the concrete footpath. They have also started installing steel...
  13. brendio

    10-lot Subdivision Civil Works Thread

    Another day ... ... another burst water main ... ... and another disused telephone cable discovered.
  14. brendio

    Duplex Project - Number 5

    Do you have a preference for sloping blocks, or do they just come cheaper, and hence help your margins when you can design your dual occs to suit the contours?
  15. brendio

    10-lot Subdivision Civil Works Thread

    The market is still slow, although I have been getting a trickle of enquiries again lately. Across one road is a subdivision of an old high school reserve that a bit over 5 years old. The houses on the other roads are 50s or 70/80s vintage. The area is quite central and well-established.
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