The knockdown-rebuild approach might be a more familiar idea, than property subdivision. The reason is demolishing an old four-by-two building and converting it to modern-day multiple townhouses seems a general-rule property investment strategy.
But, a subdivision survey should not be overlooked before building, since is a legal requirement to avoid conflicts.
While a subdivided block development could be more profitable, nevertheless, securing the finance for building multiple developments could not be always either possible or preferable. Although the investors and owner-occupiers might achieve their property goals by carving up a block before redeveloping yet the wise individuals ensure taking help from the subdivision surveyors from the renowned firm in Perth. Are you soon to have new and multiple homes built out of a mammoth building? Then to fund your building project start from the scratch – say yes to subdividing before building. The subdivision surveyors will do everything for you once hired.
Four Significant Steps For A Successful Subdivision Process
Subdivisions should be done with immense careful planning, so the subdivision surveyors follow the involved legal steps with accuracy – the Western Australian Planning Commission (WPAC) has to approve the subdivision application, hence the owner has to meet the certain conditions that should be unique to the block. Generally, the subdivisions are complex, even if the process to subdivide vacant land is much different in comparison to the developed block. So, hiring the subdivision surveyors from the best company in Perth bears significance for facilitating a smooth subdivision and even for ensuring the highest possible returns on investment devoid of expensive mistakes building up on the way.
Here is how the subdivision surveyors conduct the subdivision process for a block to the converted into a building.
Step 1 – Feasibility
A detailed feasibility study is the first step in the subdivision journey. The subdivision surveyors assess the best subdivision strategy. The factors they consider while determining the potential subdivision’s viability include –
- a. The prevailing services like sewerage, telecommunications, water and power
- b. Applicable zoning laws
- c. Lot size block arrangements
- d. Exiting dwellings for demolishing and clearance
- e. Movements of property market
- f. Title Type – Survey Strata, Built Title Subdivision or Green Title
Subdivision Costs
While land subdivisions are complex, these are even unique. Each block’s characteristics are different. Different considerations bring up the potentiality of each subdivision. The licensed and experienced subdivision surveyors have the needed expertise for guiding you right from the first subdivision stages. They shall provide all the needed information, customized to your property investment strategy for you to make an evenly informed decision.
Step 2 – Planning and Consultation
The WPAC holds a great deal of helpful information regarding subdivisions. This can be used for involvement with the needed processes, while the surveyors create detailed site surveys.
The site surveys are the subdivision plan. Once the initial feasibility assessment is over, the subdivision surveyors draw up subdivision plans and work as facilitators between you as well as your Local Council.
They take care to –
- Creating site surveys for approval
- Ensuring subdivision plans have met all the Council requirements
- Working on your behalf for improving the approval likelihood
Owing to their wide-scale experience in working with the WPAC and Councils, they have indeed helped the landowners, so you need not navigate the bureaucracy.
Step 3 – Submitting the Surveys And Applications
The subdivision process involves a long list of forms for the approval process that is highly detailed –
- Applying and submitting plans to WPAC
- The application referred to local governments and utilities
- Approvals are subjected to conditions
- Conditions met
- Plans submitted to Western Australian Land Information Authority (Landgate)
- WPAC endorsed the application with Western Australian Land Information Authority after consultation.
Final Approval
The WPAC is likely to return a “conditional approval” decision for certain reasons. The typical conditions include routine, like site clearance of its trees and dwellings. But the surveyors, along with their contractor network have it upon themselves to professionally, quickly and reliably complete all the needed steps, thereby preparing the allotted block parcels for the newcoming owner.
Trying DIY will make you encounter with a curveball thrown. All the unforeseen costs, which include local government fees, bushfire preparations and extensive remedial tasks could soon mount into an unappealing subdivision. The process might stretch out to be extensive.
So, the wisest decision is to work with the seasoned subdivision surveyors so that the costs and frustrations arising out of stalled applications can be brought to a quick end. The subdivision surveyors can identify all these issues at the earliest, which will further help you in being relieved from unwanted stress.
Step 4 – Selling Off The Subdivided Blocks
So, now it’s time for cherishing. Your block has been successfully subdivided. These are now ready to be assigned to new Titles on the property market. From now on, you will have to take the very next steps in the property investment threshold.
Subdividing your block before the building is the smart way for making security for retirement or raising capital for building your own home. Since legal and logistical complexities are involved, so you will need services from the subdivision surveyors to forgo the risks related to financial fallout caused due to a misstep in the journey.
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