Sunshine Development Diary In Detail
- Thread starter Mindmaster
- Start date
Hi Raj, CDS do the whole process which includes building, permit applications and design.
Looking very good 
Will be at lock up soon with competion expected in 3 months subject to Melbourne's delightful weather.
Garage and crossover for unit One
Units 2 and 3 at the rear
Will be at lock up soon with competion expected in 3 months subject to Melbourne's delightful weather.
Garage and crossover for unit One
Units 2 and 3 at the rear
A beautiful day in sunny Melbourne
Almost at lock up and plastering has started in the single floor units 2 and 3
Unit 1 from the street
View from rear of unit 1 - garage and cross over
Almost at lock up and plastering has started in the single floor units 2 and 3
Unit 1 from the street
View from rear of unit 1 - garage and cross over
Hi Jag, The whole area around King Edward ave has a large number of heritage protected properties. For example Adelaide st, Hutchinson st, Kamarooka st and more.
This is all due to the old McKay housing estate. If you'd like, PM me your email address and I'll email you the file.
Yes, quite a few around Albion and Sunshine. You can also find more info at the Brimbank Council's site
Hi LW, I've given myself a budget of $500-550k for a site and will tenatively start sourcing some time next month and more seriously in Oct.
Finance is a little tight for me and I'll be relying on equity in this development for a new site. So until the banks have valuations at completion (roughly late Oct) making an offer and buying a site will be risky.
I can accept the risk but it has to be a good deal . Will see how things go.
With completion not far of the interior is taking shape.
Unit 2 kitchen
Unit 1 stairs
Unit 1 or 2 bathroom
Looking at the interior of a dwelling under construction is a bit like looking at a bride. Best done on the big day when you can see it/her in her full glory, not before.
Unit 2 kitchen
Unit 1 stairs
Unit 1 or 2 bathroom
Looking at the interior of a dwelling under construction is a bit like looking at a bride. Best done on the big day when you can see it/her in her full glory, not before.
Owners Corporation
Documentation for subdivision is almost finished.
If subdivision paperwork for more than 2 units is submitted to Land Victoria, an owners corporation will automatically be created. This means you have to use specialist insurance and deal with a load of rules, procedures and silly stuff.
All designed for a subdivision being shared by different owners. Very reduntant when you own everything.
Had a chat with consumer affairs who where very helpful and the only real requirements if you own all of a subdivsion are
-imaginary ATMS (no joke)
-public liability insurance
-reinstatement replacement insurance
If you plan on later selling a part of the subdivision, you will need to do some work in advance so there is a genuine owners corporation for the new owners to join.
Have two quotes:
CHU - $1,074.32 for building value $530,000, $10 mill public liability etc etc
GIO - $422 for building value $530,000, $20 mill public liability, $500 excess etc etc
Documentation for subdivision is almost finished.
If subdivision paperwork for more than 2 units is submitted to Land Victoria, an owners corporation will automatically be created. This means you have to use specialist insurance and deal with a load of rules, procedures and silly stuff.
All designed for a subdivision being shared by different owners. Very reduntant when you own everything.
Had a chat with consumer affairs who where very helpful and the only real requirements if you own all of a subdivsion are
-imaginary ATMS (no joke)
-public liability insurance
-reinstatement replacement insurance
If you plan on later selling a part of the subdivision, you will need to do some work in advance so there is a genuine owners corporation for the new owners to join.
Have two quotes:
CHU - $1,074.32 for building value $530,000, $10 mill public liability etc etc
GIO - $422 for building value $530,000, $20 mill public liability, $500 excess etc etc
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Brendon, please note down details about OC, I will ask you sometime down the track, thanks matey
Hey Brendon
Congratulations on your achievements to date and well done to you.
Could I ask what the site coverage is on your block?
603m2. That data is on the first line of the first post in this thread with all the other basic information.
Hi Brendon,
what is ATMS? I can't figure out the acronym
I got that acronym wrong, should be AGM (annual general meeting)
The AGM is part of OC?
Brendon
Sorry i didnt mean block size but rather what percentage of your block can you build on?