Draftsman
It's been a busy month. We've found a lovely, professional, and prompt draftsman we can work with who is well known in the area and has handled most of dual-occ / triplex DAs. Good or bad, it's progressing fine for our firstie.
DAs from preparation to result (including amendments...
AT LAST! looking for architects/builders Woy Woy
It's been a while for us to secure a potential development site in Woy Woy. But we've just exchanged on a good duplex site on Victoria Road, Woy Woy and we'd like to get the DA plan started. WE'RE LOOKING FOR LOCAL ARCHITECTS/BUILDERS.
The site...
Yeah, wish we could've just exchanged straightaway. but it wasn't a relevant factor in this case as I said regarding the negotiating of the additional terms.
BV, it's a bit more complicated in this situation. this' a potential dev site so, the price was agreed verbally. and that's the figure we aimed to get approval from the bank. meanwhile, our solictors were negotiating terms like early entry, vendor to sign docs before settlement, etc etc. you...
We have an architech who deals with pre-fab home builders in Central Coast. I was also approaching Kendale homes to get separate quotes. Any recommendation?
The vendor's solicitor was holding our 5% cheque + our signed contract. Then at 10 mins to 5pm last Friday, they said the vendor has decided to go with another buyer. We understand it's legal and all but it's just exhausting and annoying. Oh well, we've moved on and already started to look at...
retiree villas development
Does anyone have some info about building villas for retirees in NSW?
I know Developers Contribution is exempted so that's a beauty.
And the buyers (retirees) get stamp duty exemption.
Anything else I need to be aware of?
thanks a million!
wow. thanks for this guys. definitely need more provision for interest payments.
We're planning for a pre-fab home so it should be a bit quicker than the traditional build.
One thing ANZ pointed out was that they could give us 80% of the end value for construction. That's quite new to me...
Thank you, Rockstar. Apparently, we don't need to dig below 600mm for normal constructions. A local builder said there're cost effective council guidelines for treating these soil if needed.
So, it's just a matter of settling on the land now. REA is playing a bit funny giving signs that the...
Just combining previous responses in one thread.
How long is a piece of string? If your just building at natural ground level shouldnt be a problem, speak to your builder. Get a geo report done / soil test they should advise as to the extent and what your options are.
- Chomp
When I am...
acid sulphate soil
negotiating terms now for early access, etc.
my solicitor pointed out this Section 149:
"The 149 certificate from Council indicates the property is zoned residential 2(b), development permissible with consent, among other things includes dual occupanices-attached and dual...
accountant stuff
Thank you. I've got a copy of Ban Tacs booklet so gonna go through them now. Spoke to the accountant as well and he took me through the structure and margin scheme, GST briefly.
Just found out from a copy of contract of sale that the vendor is a Pty Ltd but not registered for...
Thanks so much, peter. I'll get make an appointment with my accountant. Anyhow, could you please PM me your accountant details as well, in case mine doesn't have a clue?
thanks!
Hi Peter, We're not registered for GST so it'll be CGT we'll have to pay for. It depends on our income status next year so we still have to talk to the accountant to minimise CGT.
To tell you the truth, we haven't thought much about the tax aspect yet. What defines a professional developer by...
Hi,
The DA application and documents fees are included in the proj mgt fees.
the actual council contributions are noted separately above.
Yes, these 3 bed villas are still high in demand with some being sold off the plan (as per local REAs, and architects). Mine's just a stone throw away...
After years of inspiration, self-education and research, we're getting closer to our 1st development. We'd love comments, tips, and guidance please.
Here’s the deal so far.
Building a dual occ (2 villas) on a 670sqm block of land in Central-North Coast NSW
Two of 3 beds, 2 baths, and...