I am looking at understanding the developing option in more detail and realised I know little about the sub division/unit overlay costs of converting a 1 title block to allow for 3 units.
I was looking at a block in metro melb for $450K with the possibility of a 3 unit development. I know the land purchase price, I can get fixed-price build prices, but what is the cost of actually doing the unit overlay/sub-division and what are the GST/CGT implications?
Noddy
I was looking at a block in metro melb for $450K with the possibility of a 3 unit development. I know the land purchase price, I can get fixed-price build prices, but what is the cost of actually doing the unit overlay/sub-division and what are the GST/CGT implications?
Noddy