REZONING in many areas offers the opportunity to buy a block, subdivide, build and sell the new homes.
It also allows many homes owners to subdivide their block and build behind their current home.
These types of development suit a smaller investor, who can work with family and friends if they wish, and can be profitable, but they also come with risk.
Assetbuild specialises in triplex, house-behind-house and multi-unit developments and director Kevin Bishop offers the following advice to help you achieve your goals and profit from and enjoy your next property development:
Do your research
Seek expert advice before purchasing a development site that does not already have approvals in place.
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