Hi,
Can someone please clarify how often you can do a development under Owner Builder scenario in Victoria?
Someone told me last night you can only do one every 5 years but I think I just read on the builders commission website I think they stated one development as Owner Builder every 3 years.....Anyone know which is right?
I'm currently going through my first dual occupancy development in Ardeer and my plan was once it's all finished to sell the front unit, live in the back unit and then look for my next IP to hopefully then develop as well etc. However, if the above is right, that holds me back I believe, esp if its definately 5 years like I was told last night.
Anyone know for sure or if there is any way to get around this as well?
Can someone please clarify how often you can do a development under Owner Builder scenario in Victoria?
Someone told me last night you can only do one every 5 years but I think I just read on the builders commission website I think they stated one development as Owner Builder every 3 years.....Anyone know which is right?
I'm currently going through my first dual occupancy development in Ardeer and my plan was once it's all finished to sell the front unit, live in the back unit and then look for my next IP to hopefully then develop as well etc. However, if the above is right, that holds me back I believe, esp if its definately 5 years like I was told last night.
Anyone know for sure or if there is any way to get around this as well?