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    LiamR
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    Hi Guys,

    I have the opportunity to buy a house next door to my parents house. The plan would be to rent it our for 5-10 years then hopefully sell the land to a property developer. The total land size would be 1500m2. I am looking for any contacts which would be able to indicate if the land has the potential to be developed.

    #1115845
    AngelaGirl
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    LiamR, post: 129872 wrote:
    Hi Guys,

    I have the opportunity to buy a house next door to my parents house. The plan would be to rent it our for 5-10 years then hopefully sell the land to a property developer. The total land size would be 1500m2. I am looking for any contacts which would be able to indicate if the land has the potential to be developed.

    Hi Liam
    If you haven’t already done so, the very first step would be to check out your local council land zoning by-laws/regulations/planning schemes etc to determine the current permitted housing density for the suburb you’re in. You may also be able to find out whether there’s any plan for rezoning in the future.

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