Benefits of Dual Occupancy Developments
When you perform dual occupancy development, your capital is sealed, as the purchased property having a house and land is already an asset and is going to bring you rental income. Thus, any risk such as a hindrance to the development is not damaging because the value of the asset is retained. And, this value is still retained post-development.
The already existing house on the land
Is also going to generate income even when the project is in the planning stage and sometimes even after during development. However, you cannot expect to generate this income...
There are multifarious aspects of land development that need to be considered before making any investment. The investors operating in this segment can be classified into two categories i.e. Private investors interested in land for personal usage and the corporate investor's acquisition of the lands for commercial purpose. The land development is equally essential for both types of investors. There are various service provider agencies operating across Australia. These agencies provide development services to cater for the needs of these investments in accordance with the provisions...
Stages of your Town Planning Permit Victoria Application
In the process for getting a Planning Permit, you would pass through 7 stages as elaborated below. 1. Due Diligence - 2. Preparation and Submission of Application - 3. Application checking by Council - 4. Issue of Public Notification - 5. Council Assessment - 6. Decision
You have to find the precise planning controls that your property adheres to. This can be achieved by:
Undertaking Planning Assessment.
Reviewing your property through Planning Schemes or Land Channel Online.
While applying for the Planning Permit,...
Is it possible to withdraw the objection to Planning Permit Application?
Yes, it is possible for an objector to remove the objective. This has to be done in writing. You must write the letter saying withdrawal of earlier objection, address to the Council.