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Hi veseli, It is downgraded. I closely monitors the LEP changes in Parramatta council and stored both old and new LEP documents in my computer. The 2b zoning in the old LEP allows townhouse development but the permission disappeared in the R2 zoning from the new LEP. One example is the...

Thanks for all the replys, guys! I am waitting another quote from a local draftman. Hope it would be a reasonanle price. Also plan to talk to some project builders currently build in that area in the coming weeks.

Thanks Rockstar! The finish would be low to middle. One of the major problem from project builder is that most of their floor plans are fixed and costs a lot to modifiy. Some of them just don't build villas. Do you know any project builder good at villa homes?

Thanks Boods! One villa is 2 story 4 bed and the other one is 1 story 3 bed. The site is a corner block and gently slopes towards the street. Which price range do you think it's reasonable for the architect's charge?

Hi Everyone, I plan to build 2 villas on my land which located in Inner West, Sydney. Now I have a quote from an architect for the DA and CC. His charge includes $8000 for DA documents and $7000 for CC Documentation and Tender Preparation. However, those fees won't include cost for Council...

Hi,All I'm in the process to look for a suitable site for duplex development. However, after some discussion with builders and a little bit exploration of council's policies, I get some concerns over the stormwater drainage. The following is the general requirement of stormwater drainage...

Thanks for your reply, everyone! It got a mixed type of tenants. A couple of pensioners and several young people. However, no student. The selling agent told me it has a very low turnover rate at 2 or 3 move in/out per year. This boarding house currently contains 10 rooms and 4...

Hi, dose any one here own or be familiar with boading house? Is it a good investment in terms of capital growth/or cash flow? What return rate you would expect for boarding house? I'm currently interested in a boarding house in the inner west of Sydney but I don't konw to much about this type of...

Hi Giddo, Thanks for your great sharing! I just wonder if this deal will be subject to GST when it was sold after completion?

Thank you! babushka and Rolf Latham. Your information is very helpful to me!

Dear all I have a question regarding owning a LOC under two names and investing it just under one name. Consider the following scenario: My wife and I have a LOC loan under both our names. If we use the money from that loan to buy IPs or shares (whatever income generating assets) just...

Well, I dont't think cassidy meant to buy the IP with his cash upfront. He just buy the IP with an 80%-100% I/O investment loan featured with an offset account first. Then, he put his own cash into that offset account to minimize the interest payable. In this case, how he dispose his money later...