?es but due to cost most people would merely transfer both titles. There can be benefits of two smaller titles v's one title.
I came across this with a client with an expensive harbourside property. His pool was on a separate title. He owned that. His wife owned the balance (house withstreet access) The pool title has zero access from street as the access is from the home title. Nobody could realistically buy the pool land. Asset protection was the legal view he obtained.
His wife couldn't sell the other title as some sort of covenant (??) was attached to the house title. However for land tax its adjoining land and exempt.
Council may not allow it too....In many new land devs council has set min land size based on density under LEP. The owner may be incapable of working contrary to the LEP ie building one dwelling on two sites. Check council first ??