When people discuss purchasing an IP they often base a lot of their decisions on the land size and whether the property has the potential for sub-division.
My question is do people only buy properties that can later be sub-divided or are others' plans to continue to purchase houses on sizable blocks of <600sqm to keep adding to their portfolio? I just cannot see myself wanting to be sub-dividing and building houses in the future - i'd rather just keep purchasing houses.
My question is do people only buy properties that can later be sub-divided or are others' plans to continue to purchase houses on sizable blocks of <600sqm to keep adding to their portfolio? I just cannot see myself wanting to be sub-dividing and building houses in the future - i'd rather just keep purchasing houses.