Subdividing land or property can have many benefits, both for the owner of the land and for the wider community. Subdividing land can unlock value by allowing multiple properties to be created from a single piece of land.
This can lead to increased investment in the area, as well as provide more housing options for people looking to buy or rent in the area. Subdividing land can also help to create a more sustainable community by increasing the density of development and making better use of existing infrastructure.
However, whilst there are many benefits to be attained by subdividing land the process can be complex and you need to budget for a range of costs.
At Prime Land Consultants, we help countless owners every year with their land subdivision needs. With years of experience in surveying and land development, we are able to push the boundaries of what our clients can achieve.
For more information on our services and to find out how we can help you, give us a call today.
Call 0466 967 303
Here are five things you need to know about subdividing land in Melbourne
When subdividing land, it is important to engage a licenced surveyor. Surveyors are responsible for preparing plans to subdivide the property and ensuring that all legislative requirements are met.
Developing real estate may be expensive, and the quality of work invested in its planning and preparation is critical to any project’s success.
A comprehensive and dependable land survey is one of those early phases in preparing for success that cannot be overlooked.
Depending on the type of subdivision you are looking to do, you may need council approval.
This is generally required for boundary adjustments or creating new lots, however, there may be some exemptions depending on the size and location of the property.
It is always best to check with your local council to see if you need approval for your proposed subdivision.
There are a number of fees associated with subdividing land, including surveys, planning and council application fees.
The costs will vary depending on the type of subdivision you are doing and the size of the property.
It is important to factor in these costs when budgeting for your subdivision.
There are a number of different types of subdivision, including boundary adjustments, creating new lots and strata titles.
The type of subdivision you can do will depend on the size and location of the property.
It is important to understand the different types of subdivision before you start the process.
Once you have engaged a professional and started the process, it can still take several months to complete.
This is due to the need to secure council approval, organise surveys and plans, and lodge applications.
It is important to be patient and allow enough time for the process to be completed correctly.
Subdividing land can have many benefits, but it is important to be aware of the process and the costs involved.
If you are thinking of subdividing land in Melbourne, contact Prime Land Consultants today. We would be happy to discuss your options and help you through the process.
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