Dual Occupancy Permit unlocks $250,000 in equity

Our client purchased a 900 sqm. site with a dilapidated timber cottage for $1,300,000.00 near Melbourne. They bought to develop the site into a medium density development. Unfortunately they did not know a problematic metre diameter storm water pipe ran across the site!

The site was a “lemon” for them. They could not offload it to any unsuspecting buyer.

Th clients approached AuArchitecture. After much persistence, design modifications, collaboration and negotiations with council we got them approval for two very large duplex units on the land which was free from the drain.Each dwelling contained four bedrooms, two living areas, bathrooms, walk in pantry and the list goes on.

The clients then sold the site with the permit for $1,550,000 in 18 months.

The neighbours next door tried to get approval for a duplex through another firm. Council refused their application! They ended up with two houses- one behind the other an both small in floor area.

Contact us for advice on what you can build on your property in Melbourne, Australia.