Recent content by DMY

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    300m2 and 180m2 lots in Brisbane. Easy or Hard Sell?

    My opinion is that I too am skeptical about the 7.5m width rather than the 300m2 land size. I will be very interested to see the designs that will suit these blocks. My ppor is on a 400m block with 13.2m frontage and even though it is single storey and is built to boundary with garage wall I...
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    Small 4 x unit development cost

    In my opinion for QLD I would use 15m as a rough idea to the minimum width if your looking at duplex/small unit development. Anything smaller than this and you are likely going to have a good battle on your hands with planning. The higher the density they may let you get away with 12m or so...
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    Brisbane - Mock development initial feasibility - advice please

    Thanks for the comments anson. Has been interesting reading between you and RPI. I have been bothering RPI with private messages for a few weeks and he has always had to the time to reply in detail. The reality is I would not be able to do a project worth more than 1,000,000 and would only...
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    Brisbane - Mock development initial feasibility - advice please

    Woops my bad, didn't see the response RPI did early this morning
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    Brisbane - Mock development initial feasibility - advice please

    1. I find an easy way to do a quick initial check is to go to BCC pdonline interactive mapping. Turn on the layer for 1946 and see if the outline of the house is the same as the 2011 layer. Obviously you need to do more than this to be 100% sure but most often you can see that it was the same...
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    Brisbane - Mock development initial feasibility - advice please

    Hi, Thanks for the post. Checking the zoning of the property is the first thing I would do. I know the zoning is LMR and the same as across the road. Under the new planning scheme it is LMR 2-3 storey precinct. I just meant it will be easier to justify in a planning report to allow the full 3...
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    Moorooka and Brisbane southside

    I am very much a rookie too so take my comments with a pinch of salt. A successful developer from this forum told me last year that he knew of a lot of small developments going up in the moorooka area by builder developers and that you need to be wary of this because you wont be able to compete...
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    Moorooka and Brisbane southside

    http://www.realestate.com.au/property-house-qld-moorooka-112069099 This one was listed for $410k a couple of months ago, I would be interested as to how much it sold for. Not within a DCP. http://www.realestate.com.au/property-house-qld-moorooka-112971059 Same as this one. I think...
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    Moorooka and Brisbane southside

    I know of the first one you have listed. It is within a demolition control precinct meaning it will be difficult to remove the house. Quite a few developments in moorooka of 2x townhouses built down the back with an access lane. Also the possibility of relocating the house to the front corner...
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    Brisbane - Mock development initial feasibility - advice please

    Property Purchase: Assume purchase price (7% discount from asking price - $40,000): $560,000 Transfer Duty: $19,523.60 (source: RAMS stamp duty calculator) Legal Fees: ? Mortgage broker fees: Total: ? Development Cost: Development application: ? (architect, town planner, engineer...
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    Brisbane - Mock development initial feasibility - advice please

    Mock Development Initial Feasibility Report: 25 Farm Street, Newmarket QLD 4051 http://www.realestate.com.au/property-house-qld-newmarket-112717275 Key features: • Listing price of $599,000 • 635m2 block with approximately 17m frontage • Zoned LMR and NOT in DCP • Level site • Majority...
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    Brisbane - Mock development initial feasibility - advice please

    Hi all, I was wondering if I could get some feedback for the following mock development initial feasibility report for a site in Brisbane. A number of figures are blank/possibly incorrect and I have left some out completely. So if I could get some criticisms/opinions/thoughts I would really...
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    Finance for small developments

    On a slightly different path, After reading latest API (think it could have been Richard Taylor's page) he was talking about buying an existing block of 5 units with a residential loan? How hard would this be? What LVR? 80%? Any other considerations? Are there any lenders willing to lend on...
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    Dream House: Where & What would you buy

    House! Boat! Car! http://www.realestate.com.au/property-house-qld-sovereign+islands-112569119 http://www.maritimo.com.au/models/mustang/mustang-43.aspx/Model-ImageGallery...
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    PPOR CGT free question regarding DA's

    Okay thanks for the help Cheers DMY
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