Subdivision
Buy One, Create Many – Unlock Equity With Simple Subdivision
At Profitable Properties, we specialise in identifying properties with subdivision potential or if you already have an existing property with subdivision potential, we can manage end to end subdivision process by working with our strong network of trusted professionals we can rely on.
Services Offered
Property Acquisition Phase:
- Shortlisting the suburbs based on your loan serviceability and available cash/equity.
- Advising on the loan structures and entities to ensure it’s the right product for the subdivision.
- Providing a detailed feasibility report indicating the required funds, loan and projected ROI.
- Proposing potential properties suitable for subdivision by performing required due diligence and liaising with the council.
- Assist with negotiating the price with the agent to secure the best deal.
- Organizing the property inspection by a preferred property manager to provide a detailed report.
- Liaise with the B & P inspector to organize inspection and to provide detailed input on the report to choose next steps.
Subdivision Phase:
- Getting quotes from Town Planners, Land Surveyors, Engineers and other consultants to select the best team.
- Working closely with consultants and council to achieve the best possible and cost-effective house design.
- Liaising with service providers (water, electricity, gas) to get their consent for DA.
- Acquiring property data (easements, LPD, sewer points) from council to assist with town planning application.
- Address any RFI from council that may come up during the advertising stage of DA.
- Act as a single point of contact till council provides DA approval.
- Working closely with consultants and council to achieve the best possible and cost-effective house design.
- Work with utility providers ( water, power, gas, NBN) to get the required approval for subdivision.
- Get multiple quotes from the builder and make a best choice to be handed over to the client.
- Work with conveyancer and the bank to register new titles at the time of build.