Hi
I have an IP in Ipswich. Property is over 1000sqm. available to dual oc as well as sub divide. house is currently rented out.
I read an article ( but can't find it) in Australian property investor about people who purchased houses that were adveritsed as " house available for removal" ( essentially free) and transported them to their IP sites in order to double their rental yield.
Essentially I would like to create a dual oc on the cheap. Council has no problem with the dual oc app - should cost all up 10k with town planner incl.
Would like to hear from people who have done this type of IP improvement - any advice. whats the down side?
I have an IP in Ipswich. Property is over 1000sqm. available to dual oc as well as sub divide. house is currently rented out.
I read an article ( but can't find it) in Australian property investor about people who purchased houses that were adveritsed as " house available for removal" ( essentially free) and transported them to their IP sites in order to double their rental yield.
Essentially I would like to create a dual oc on the cheap. Council has no problem with the dual oc app - should cost all up 10k with town planner incl.
Would like to hear from people who have done this type of IP improvement - any advice. whats the down side?