Market Update
Stock remains low - gain access to the huge number of off-market properties where opportunities do exist
Areas Served: Eastern Suburbs | Lower North Shore | Inner West
Copyright © 2022 by Tracey Chandler - Buyer's Agent in Sydney. All Rights Reserved.
339 Oxford Street, Paddington NSW 2021, Ph: 0416 100 839
"NSW Highly Recommended Buyers Agent Award"
5 Strategies to Maximise Property Returns
Here are the 5 tips that he talks about:
You can read the original article here.
Subdivision
The fifth tip to maximising property returns is quite to my liking. I have been very fond of Subdivision. It is a great way to add a property to your tally. Subdividing comes with its fair bit of complications though. For instance, how it can be meted over a really big-sized plot, what about inheritance land, assumptions regarding capital gains tax, among other things.
All said and done, if you have a property which you think has a good amount of land beneath it, it is prudent to get it subdivided. It is nothing short of a brilliant way to add to the property portfolio. I also see subdivision as the alternative to the introduction of granny flats.
Related posts: