The Weekend Post - Real Estate
Subdividing land made easier
ACAIRNS building company is targeting owners of large blocks interested in subdivision in a bid to stimulate the local property market.
General manager of David McCoy Homes, Adam Gowlett, said they would now offer a service to take the worry out of subdividing a parcel of land. He said there were many homeowners in the region sitting on blocks of land larger than 800sq m but many owners were put off by the amount of paperwork and hassle.
“A lot of people don’t know what to do, where to go or who to call,” he said. “Sometimes they might get scared off at what is involved in subdividing.”
Mr Gowlett said the building company would offer a “one-stop shop” for homeowners.
“We have the ability to provide the assessment for the subdivision approval, any extension of services (including sewerage), designing homes to suit the block and building the finished product.
“It’s daunting for a lot of people. While they own their block, if they put a second house on that block there are certain headworks charges.
“We are in the position that we can hopefully take those surprises away from people. They are fully informed of the costs and the benefits up front.”
Mr Gowlett said many locals had equity tied up in their homes but didn’t realise they could invest on their own land.
“High-set Queenslanders that have very good side access or people on corner blocks would be ideally set to see if there is something that can be done,” he said. “There are mums and dads who don’t necessarily want to go through the process of selling their current home or buying a new block and building. People can invest where they currently live.”