SUBDIVISION OUTLINE 

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SUBDIVISION OUTLINE

Many people are confused by what is entailed in completing a Subdivision like this in NSW. It is not a particularly difficult process as most of the hard work with paperwork and council approvals are already done. In the download for Subdivision Costings (Go To: www.numberharmonics.com/burringbar ) you will see at Page 13 that there is a letter from Council stating that "Sufficient work has been done to preserve the Consent".

(Page is Added below)

This brings the project to the stage of Subdivision Commencement. What this means to you is that you can finish the project in your own time. For most people this means waiting until the prices go up, then they finish off the project and reap the rewards.

The BENEFIT to you is simple. When Prices in the area double (As in a 1 Mill property is now worth 2 Mill, etc.) your property has developed a net potential worth of $6 Million. Even if you do not DO the subdivision, the net valuation increase means you can borrow more to complete other projects. Obviously, if you do complete, the rewards are clear.

Comparative Cost analysis below:

 

  Equivalent Property @ $1 Mill  Burringbar 250 acres @ $1 Mill
Current Value Projected Value Current Value Projected Value x 3
2003 - 2012 1000000 x2 = 2000000 (to 2112) 1000000 x 2 x 3  =   6000000
2012 - 2022 2000000 x2 = 4000000 2000000 x 2 x 3  = 12000000
2022 - 2032 4000000 x2 = 8000000 4000000 x 2 x 3  = 24000000
Obviously the net return on the Subdivision could be significantly higher or lower than this. The point is simply that the property aggregates to a higher figure each year with Capital Gain, and that this is taken into account by banks when financing

Analysis Based on current prices being stable for the last 5 years, expecting a doubling of
Net Value every Ten Years.

 


Email: info@pythagorus.org.uk

Up for SALE through LOCAL AGENT
www.ljhooker.com.au/murwillumbah

 Listing: http://tinyurl.com/6d2te8


COSTING DETAILS FOR SUBDIVISION HERE:
Subdivision Costings
www.numberharmonics.com/burringbar

DOWNLOAD: DIRECTIONS TO PROPERTY 3.6 Meg

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Download Server for Subdivision  http://www.savefile.com/files/1651179