Hello all,
I am a complete property noob and managed to buy my PPOR last year (thanks to Somersoft and some luck!) and wish to get 1st IP sometime soon. Getting all scared so was hoping someone could help me with the couple of questions I had.
Interested in a block of land which Is a Corner block but is triangular shaped.
Something like this shape (a bit long isosceles Triangle):
http://tinyurl.com/ye4s4jf
This one is 750 sqm.
1) Being the size it is should I expect a lot of developer interest or the shape should put some such competition off? This is still in the First Home owners price bracket so not expecting a bargain. Just that developer interest in a property usually means you can forget about it!
2) Also what sort of scenarios are possible with a triangular block - in terms of putting units on it. (google map /images etc just so that I can think of it in my mind next time.)
I am a complete property noob and managed to buy my PPOR last year (thanks to Somersoft and some luck!) and wish to get 1st IP sometime soon. Getting all scared so was hoping someone could help me with the couple of questions I had.
Interested in a block of land which Is a Corner block but is triangular shaped.
Something like this shape (a bit long isosceles Triangle):
http://tinyurl.com/ye4s4jf
This one is 750 sqm.
1) Being the size it is should I expect a lot of developer interest or the shape should put some such competition off? This is still in the First Home owners price bracket so not expecting a bargain. Just that developer interest in a property usually means you can forget about it!
2) Also what sort of scenarios are possible with a triangular block - in terms of putting units on it. (google map /images etc just so that I can think of it in my mind next time.)