{"id":40,"date":"2021-02-14T08:41:13","date_gmt":"2021-02-14T08:41:13","guid":{"rendered":"http:\/\/www.realestatebuyersagent.com.au\/?page_id=40"},"modified":"2021-05-16T19:38:07","modified_gmt":"2021-05-16T09:38:07","slug":"subdivision","status":"publish","type":"page","link":"https:\/\/www.realestatebuyersagent.com.au\/?page_id=40","title":{"rendered":"Subdivision"},"content":{"rendered":"\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">The rewards of subdividing property can be considerable. The opportunity to create a new property to fulfil the specific demands of the market can bring high returns very quickly. This initial profit yield can then be reinvested to boost your investment portfolio, or you may choose to keep the new block and build on it.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">More often than not, property subdivision can be time-consuming, stressful, and full of unexpected twists and turns that can impact on your capacity to maximise your returns, particularly if you\u2019re inexperienced, time-poor or impatient.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">Success requires a combination of experienced project management skills, exceptional patience and attention to detail, and the ability to navigate through a diverse range of issues, including urban planning, stormwater drainage or even nosey neighbours.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">The good news is that we have been helping many \u2018ordinary, hardworking\u2019 Australians to create substantial wealth through clever, well planned real estate subdivision projects.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">Our associated subdivision specialists can handle everything involved in successfully managing a subdivision project.\u00a0<\/p>\n\n\n\n<p><img loading=\"lazy\" decoding=\"async\" width=\"840\" height=\"472\" class=\"wp-image-1668\" style=\"width: 840px;\" src=\"http:\/\/www.realestatebuyersagent.com.au\/wp-content\/uploads\/2021\/05\/scott-blake-DodJfxuH46I-unsplash.jpg\" alt=\"\" srcset=\"https:\/\/www.realestatebuyersagent.com.au\/wp-content\/uploads\/2021\/05\/scott-blake-DodJfxuH46I-unsplash.jpg 850w, https:\/\/www.realestatebuyersagent.com.au\/wp-content\/uploads\/2021\/05\/scott-blake-DodJfxuH46I-unsplash-300x169.jpg 300w, https:\/\/www.realestatebuyersagent.com.au\/wp-content\/uploads\/2021\/05\/scott-blake-DodJfxuH46I-unsplash-768x432.jpg 768w\" sizes=\"auto, (max-width: 840px) 100vw, 840px\" \/><\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:22px;font-family:Raleway\"><strong>Subdivision Process<\/strong><\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\"><strong>Step 1 \u2013 Subdivision Assessment<\/strong><\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">Looking to subdivide in Sydney? For a small fee our specialist subdivision associates will assess the zoning, minimum land requirements, block size and site layout and advise you on the subdivision potential of the property, using experience and knowledge of development sites and the local market.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">A complete site assessment is done to consider the likely demolition cost, services and site costs and those unusual costs that an inexperienced person may not allow for, which can wipe out all the wealth gain on a project. The discretionary powers of the council, prohibited uses, as well as any easements and potential restrictions on subdivision rights are all considered.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">You will receive a cost estimate for the whole subdivision project.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">It\u2019s important to have enough cash available to complete the entire subdivision and a typical cost may be anything from $60,000 to $80,000. If you do not have the cash available we would need to assess if you are able to borrow sufficient to complete the subdivision.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\"><strong>Step 2 \u2013 Consult with local council and NSW Planning Commission<\/strong><\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">Your subdivision specialist will consult with the local council and the NSW Planning Commission who will ultimately issue approval for your plans. The planning authorities have restrictions governing the subdivision of land, while every Council has their own unique set of requirements that need to be adhered to in order for the subdivision to proceed.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\"><strong>Step 3 \u2013 Survey Report<\/strong><\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">Your site is surveyed by a surveyor and a draft real estate subdivision plan is drawn for your site.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">Sometimes a development application may be needed as well, in order to get your plans approved. If this is the case, designers are consulted to have designs drawn up for your site.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\"><strong>Step 4 \u2013 Submitting Subdivision Applications<\/strong><\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">Your subdivision specialist acts on your behalf to submit your applications and negotiate with the Planning Commission and the Council. This process can take several months so you need to have patience. However, due to vast experience in subdivisions and dealing with the authorities, unnecessary delays are avoided that an inexperienced person is likely to encounter.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\"><strong>Step 5 \u2013 Subdivision Clearances<\/strong><\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">Once your subdivision has been conditionally approved, your subdivision specialist will have all the conditions put on the approval carried out. This includes arranging demolition, clearing land, and installing services such as power and sewerage. Hurdles along the way are resolved, whether they relate to the site or to extra requirements by the authorities.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\"><strong>Step 6 \u2013 Titles and Handover<\/strong><\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">Once all conditions are cleared, it\u2019s time for the final survey and applications for titles. When the titles are issued the subdivision project is complete and you are ready to continue with your chosen property plans.<\/p>\n\n\n\n<p class=\"has-custom-font\" style=\"font-size:18px;font-family:Open Sans\">Zoning classifications within suburbs are constantly being reviewed by councils as the authorities look for ways to cope with Sydney\u2019s fast-growing population. Through our experience and knowledge, we can advise on the suburbs that are \u2018penciled in\u2019 for rezoning. From an investment point of view, such knowledge can be crucial.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rewards of subdividing property can be considerable. The opportunity to create a new property to fulfil the specific demands of the market can bring high returns very quickly. This initial profit yield can then be reinvested to boost your investment portfolio, or you may choose to keep the new block and build on it. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/template-shop.php","meta":{"kk_blocks_editor_width":"","_kiokenblocks_attr":"Open Sans,Raleway,Open Sans","_kiokenblocks_dimensions":"","footnotes":""},"class_list":["post-40","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.realestatebuyersagent.com.au\/index.php?rest_route=\/wp\/v2\/pages\/40","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestatebuyersagent.com.au\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.realestatebuyersagent.com.au\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestatebuyersagent.com.au\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestatebuyersagent.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40"}],"version-history":[{"count":4,"href":"https:\/\/www.realestatebuyersagent.com.au\/index.php?rest_route=\/wp\/v2\/pages\/40\/revisions"}],"predecessor-version":[{"id":1670,"href":"https:\/\/www.realestatebuyersagent.com.au\/index.php?rest_route=\/wp\/v2\/pages\/40\/revisions\/1670"}],"wp:attachment":[{"href":"https:\/\/www.realestatebuyersagent.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}