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In my shire you can strata subdivide any approved dual occ. Full land only torrens subdivisions normally require a larger land area. We can do a dual occ on 800sqm but a full subdivision requires 1200sqm as a rule.

Ok that's all good. Yes, I would be talking to your solicitor as well as your accountant. Make sure you are both clear on the process and the outcome. You are making a substantial investment so need to be protected from unexpected circumstances. Has council told you what your Sec 94...

You haven't paid for the land. Are you expecting this for free? Remember that your sister is devaluing her own property to some extent and giving you a very easy way in. That's all good if she is happy to do so and would be very kind of her. I'm a bit confused about your expectations. Maybe...

So will you purchase it from her after the strata title has been finalised?

Strata title is a type of subdivision but there must be at least one house existing on the land. You can't strata subdivide vacant land into smaller lots of vacant land like a standard subdivision. In our shire a strata subdivision can be done on minimum lot sizes of 800sqm but a full...

You can pay her what you want but family transactions may require a valuation from a professional to ensure you are contributing fairly to stamp duty - although this would not apply if you are planning to build within the 6 months. It may be worth an anonymous call to Office of State Revenue to...

In my shire - Byron Bay - You can do a vacant lot strata subdivision. The existing house and the new vacant land area are seperated into 2 individual titles + a 3rd title which is the strata title that indicates common property, and lot apportionment (eg: Lot 1 - 50%, Lot 2 - 50%) The strata...

I have just completed something similar. We purchased a house and lodged a DA for a dual occupancy which was staged as follows: Stage 1 - Vacant lot Strata subdivision Stage 2 - Construction of second dwelling If you can do it this way your sister can sell you the vacant strata lot and you can...