Hope this is the best section for this.
I have been canvasing some of the local builders and most of them have not ever done any unit style complexes with common walls. Most have just reached for the smallest home buyers plan they have which is not what I am after. I am waiting on a response from 2 who do have some experience.
I have an opportunity to pick up a large block that has 833m2 coded for R80. 19m road frontage 43m deep. Potentially 6 units but I am thinking less ambitious development of 4 decent sized. The rest of the block which is about 900m2 would be either subdivided and sold or developed latter.
I am estimating a rough floor space of 130m2 per unit (inc garage) after setbacks and a driveway is allowed for. Probably 2 story to maintain a decent internal size 4x2 configuration on at least 2.
Anyone here willing to throw an estimate at me for construction per unit. This is the first time I have delved into units as I have previously stuck to residential housing.
The area I am looking at has some bigger 30+ units complexes built in the last 5 years in the CBD and a lot of 20year old single story 1 or 2 bed dumps in the outer areas. Units are on a par too a house rent wise in the area so depending on construction costs the lower cost of land per unit is attractive.
I have been canvasing some of the local builders and most of them have not ever done any unit style complexes with common walls. Most have just reached for the smallest home buyers plan they have which is not what I am after. I am waiting on a response from 2 who do have some experience.
I have an opportunity to pick up a large block that has 833m2 coded for R80. 19m road frontage 43m deep. Potentially 6 units but I am thinking less ambitious development of 4 decent sized. The rest of the block which is about 900m2 would be either subdivided and sold or developed latter.
I am estimating a rough floor space of 130m2 per unit (inc garage) after setbacks and a driveway is allowed for. Probably 2 story to maintain a decent internal size 4x2 configuration on at least 2.
Anyone here willing to throw an estimate at me for construction per unit. This is the first time I have delved into units as I have previously stuck to residential housing.
The area I am looking at has some bigger 30+ units complexes built in the last 5 years in the CBD and a lot of 20year old single story 1 or 2 bed dumps in the outer areas. Units are on a par too a house rent wise in the area so depending on construction costs the lower cost of land per unit is attractive.
