Typically, when subdividing land you would undertake your plan of subdivision whilst you are building. This is the preferred and easiest way. BUT if the plan is to subdivide your block before building then the order in which you execute your project will change.
How do you check if I can subdivide?
How to pick properties to subdivide for profit
- Look for properties that have at least 700sqm in land size.
- Check that the property allows ample room for a driveway.
- Look for level or gently sloping land.
- Look for corner block properties.
- Check out the structure of the property.
- Understand the zoning rules.
Can a building plot be considered residential property?
So far so good. However, if that plot forms part of the gardens or grounds of an existing dwelling it is deemed to be residential property even if it is bare land. This is because ‘residential property’ means a building used or suitable for use as a dwelling or in the process of being constructed or adapted for such use.
Can a plot be used as a dwelling?
A mere plot on which a dwelling is to be constructed is not a dwelling even if planning permission has been obtained and site preparation work has started. So far so good. However, if that plot forms part of the gardens or grounds of an existing dwelling it is deemed to be residential property even if it is bare land.
Where is the best place to find a building plot?
If you are lucky you might just get a letter back inviting you to discuss the matter further. The web is one of the best sources of viable building plots. Websites such as Plotsearch feature thousands of land listings. General property-hunting portals such as Rightmove also allow you to refine your search to ‘land’ only.
Can you buy a plot of land without planning permission?
Buying a plot without planning permission. You should never buy land without planning permission so, resist the temptation to buy a cheap plot of land on the basis that ‘it will get planning one day’. By all means, make an offer subject to achieving satisfactory consents but if you sense that you won’t get them,…
