Hi Everyone
I have been reading these boards over the last year as we have started by dipping our toes into property investment.
Our PPOR is on a good size block (829). If we were to purchase enough land off of our neighbour, we could then be in a position to have a subdividable block (R20).
Alternatively we could buy their property, take the extra land and resell the property?
Our neighbours are looking at selling in the near future, as unfortunately their marriage has dissolved, so we thought we would approach them about this.
Has anyone ever done this and if so was it a difficult process?
Thanks
I have been reading these boards over the last year as we have started by dipping our toes into property investment.
Our PPOR is on a good size block (829). If we were to purchase enough land off of our neighbour, we could then be in a position to have a subdividable block (R20).
Alternatively we could buy their property, take the extra land and resell the property?
Our neighbours are looking at selling in the near future, as unfortunately their marriage has dissolved, so we thought we would approach them about this.
Has anyone ever done this and if so was it a difficult process?
Thanks
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