Hi, I recently (4 mos ago) bought a property investment in Frankston North.
investment. Being a single mother with single income a bit scared. Good size of block of land (706 sq)with house that have basic renovation inside which is currently tenanted (luckily.) This is my first attemp to this
I want to subdivide or make it as dual accupancy - build a simple 2-3 Br house at the back. Don't know how to start. I Have been given several step to do, bu still confused, scared who can i trust to do this.
The council gave me one land transfer/surveyor in the area and was given this quotations:
Scope of woprk : location of existing bldg, locations of tress, etc., then additional work as: asess adjoining bldgs, fences, solar traverse, street description etc.
Fee proposal: cost plus gst
Feaute Survey $1,100
Re-establishment survey $ 1,320
Site analysis $1,100
Town Planning $3,300
Landscape plan $660
2 Lot Subdivision $1,650
Plus other expense such as :
Town Planning applications $586
Architectural drafting plans $2,000 +gst
Subdivision application fee to council $526
South East Water $1000
Melbourne water $1,500
Title office lodging fee $700
Solicitors ( Unknown)
Does this sound ok (price and work involve wise).
If any builder, or anyone that can recommend , please let me know... I would really like to hear from anyone. or if your are in this sort of business, your advice is much appreciate.
rof521
investment. Being a single mother with single income a bit scared. Good size of block of land (706 sq)with house that have basic renovation inside which is currently tenanted (luckily.) This is my first attemp to this
I want to subdivide or make it as dual accupancy - build a simple 2-3 Br house at the back. Don't know how to start. I Have been given several step to do, bu still confused, scared who can i trust to do this.
The council gave me one land transfer/surveyor in the area and was given this quotations:
Scope of woprk : location of existing bldg, locations of tress, etc., then additional work as: asess adjoining bldgs, fences, solar traverse, street description etc.
Fee proposal: cost plus gst
Feaute Survey $1,100
Re-establishment survey $ 1,320
Site analysis $1,100
Town Planning $3,300
Landscape plan $660
2 Lot Subdivision $1,650
Plus other expense such as :
Town Planning applications $586
Architectural drafting plans $2,000 +gst
Subdivision application fee to council $526
South East Water $1000
Melbourne water $1,500
Title office lodging fee $700
Solicitors ( Unknown)
Does this sound ok (price and work involve wise).
If any builder, or anyone that can recommend , please let me know... I would really like to hear from anyone. or if your are in this sort of business, your advice is much appreciate.
rof521