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Yes the owner who built and sold no. 15, went on to built the one next door and has now moved into that. I agree, your development would help increase the value of theirs. There was a little bit of activity during the sale, most buyers at the time had subject to sale as the market was a...

Small world isn't it. I sold that house on 15 Lindsay Street a couple of years ago now. That house had very nice city views from the balcony. Was also a really nice design.

I personally would pay the extra $33k and Torrens Title the development. I know you mention that you are going to hold the development, but should you need to sell, I can assure you, you will lose well more than $16.5k per property. It really does thin the market out. It's not only the Sewer...