Built Strata Question

[Sabretooth]

Still sorting out finance for the development and trying to factor in all the possibilities. Does anyone know whether it is possible to have 'built titles' issued prior to the development being completed. The site (currently 1 title) will have 3 or 4 front apartments and 4 rear apartments. I was thinking about completing the front 3 or 4 first, getting titles issued, then sell/rent, then move onto building the rear 4 apartments. This would help with finance, avoiding the need to sell off the plan.

 

[sanj]

What you are proposing can be done but will need a good management statement prepared by someone who knows what he is doing. Speak to your surveyor, you can either do 2 green title lots or a vacant strata for the rear.

 

[Sabretooth]

Great thanks Sanj. Good to know you can also do vacant Strata also.