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This is what attracted me to my latest IP. It is a big corner block that can be subdivided plus it has a seperately metered granny flat. As it sits now including all costs,reno and 5 year fixed it is cashflow neutral. If i stayed full variable she would be making good money. All this with the...

This is actually my conundrum now. Total cost to sub my block including demo of existing shed is around $43,000. Sure thats a cheap block of cbd land but it will be just under 400 sqm. A bit further out from the cbd you can get 650 sqm blocks for just over $100,000. Add into the equation i will...

Your right it can go both ways.I was looking/waiting for big blocks in the central area to pop up but they rarely do in my area. Then one day up pops one. 1000+ sqm corner block.Big old house requiring quick reno after passing of 35 year tenant.And a big plus was a self contained granny flat to...

Im sure there will be people that will disagree to this but generally you may have to pay a premium for a sub block. Most people if not atleast the selling agent are aware of subdividing potential. In many cases they whack sub potential on many properties that are anything but.Many look for this...

If my numbers are correct I should be able to build a 4 by 2 finished for around $240,000 on the back of my corner block all costs included A nearby corner block did the same as I intend to do but only a 3 by 1 and it sold for the new house for $340,000. So in my situation there is a potential...