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  1. M

    Sewer easement 3/4 up 990m2 block. What can be done?

    I reckon high 7's, possibly 8. The land is much larger than the average block and most houses, like this one, are unrenovated. Would of been good to see this one go to auction but, it's not the case. Yes, it had great bones and needed a coat of paint, possibly new carpet to get a good yield on it.
  2. M

    Sewer easement 3/4 up 990m2 block. What can be done?

    No price. Was going to auction on the 18th April.
  3. M

    Sewer easement 3/4 up 990m2 block. What can be done?

    That must have happened today. Who wants to play a guessing game as to how much?
  4. M

    Sewer easement 3/4 up 990m2 block. What can be done?

    Yes, thanks for your input everyone. I'm personally not going to go ahead with this one so here's the place, it could have some great potential if someone wanted to look in to it more: http://www.realestate.com.au/property-house-vic-pascoe+vale-119387295
  5. M

    Sewer easement 3/4 up 990m2 block. What can be done?

    A 3 bed town house. For the investment to be feasible, it would have to be a residential house that is part of a subdivision. I can't see it feasible to heighten it so much that a bobcat can access it underneath, that wouldn't make sense. You prob wouldn't be able to dig it up at all once the...
  6. M

    Sewer easement 3/4 up 990m2 block. What can be done?

    Thanks, so what i'm reading is that it is possible to build a house over an easement but 'conditions' may apply from YVW such as having the footings a set distance away from the asset as well as having footings deep enough so that the sewer is not in their 'zone of influence'. From an...
  7. M

    Sewer easement 3/4 up 990m2 block. What can be done?

    I've heard of this, it's basically wrapping it in concrete to strengthen it right? Even if it cost 50k it may be worth given the location and size of this block. Would you be able to build a house on top even if it's been encased? I'd look to put 3 dwellings on it in the future given the...
  8. M

    Sewer easement 3/4 up 990m2 block. What can be done?

    Hi folks, I'm currently looking at a 990m2 block in a great location. What's turning a number of people away is a sewer that goes through it about 3/4 up the block (pic attached) which makes the land far less usable. The local water authority is Yarra Valley Water in Melbourne. I've marked the...
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