Colin Fragar, our founder and CEO, shares his experience with dual occupancy and strata subdivision.
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Or for those that prefer to read, here is a transcript of the video…
Here’s what they don’t tell you about dual occupancy and strata subdivision.
My name is Colin Fragar from the Council Approval Group. Today what I’d like to share with you is just to help you a little bit further down the track in terms of your project if you’re possibly considering strata subdividing a dual occupancy.
A dual occupancy can be strata subdivided in certain circumstances and in particular local government areas with particular zoning.
Benefits of Strata Subdivision
It’s a project I have personally done and I was reaching the decision about whether I should do a Torrens title subdivision of the dual occupancy or strata title it. I’m pleased I went down the strata titling for a couple of reasons.First of all, it was easier in terms of getting approval.
The second reason was that it was actually cheaper on the ground with the builder because I didn’t have to bring in the sewer. You’ve got more sewer infrastructure costs when you’re building a Torrens title subdivision because you’ve got to have a connection point in a lot of land. The strata infrastructure is a lot less. So I saved about $40,000 on-site by doing that.
A third reason, which I just thought of, I want to share with you is that there’s nothing really to be afraid with strata subdivision. Yes, you do have to have a strata meeting once a year with your neighbour, but it’s usually over the fence with a cup of tea or over a barbecue. And there’s usually zero common property. It’s actually quite easy and it’s something that we can guide you through.
Take the Next Step
Whether you’re thinking about strata subdivision, Torrens title subdivision, dual occupancy, or a combination of those types, we highly recommend that you book in for a consultation with one of our team at the Council Approval Group.If you’ve got a project in mind and you’ve got a property ready to go, please let us help you. We can help with the project and help you to understand the council approval process.