Choosing the Right Block of Land for your Investment
Choosing the right block of land is just as important as selecting the right home design for your investment property and choosing your land wisely can potentially save you tens of thousands of dollars and provide plenty of other benefits you may not have considered. If you already have a home in mind and are looking for a perfect piece of land, or if you are just starting to explore a few new land estates to see what is on offer, we recommend that you keep the following things in mind to minimise costs and avoid expensive and unwanted surprises:
- Lot sizes
- Lot frontage, shape and slope
- Soil conditions
- Planning controls, overlays and covenants
- Easements and utilities
- Site works
- Verge Items
- Parks and roads
- Connections
- Landscaping and fencing rebates plus incentives.
For a detailed explanation of exactly what it is that you should be considering in relation to this list, read our full article on choosing land for investment.
About the author: Andrew Auret, General Manager - ABN Developments
Andrew has over a decade of experience working with some of Australia’s largest developers, including senior roles in Project Management and New Business and identification and delivery of property developments. Within ABN Andrew is focused on the provision of development solutions to assist in the sustained growth of the Group.