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Saturday 19 February 2011

2. The Block

Ok, I have a few updates to fill in the time from August 2009 when we first signed up to purchase a "potential as yet not subdivided" block, until present day.

The owner of the triplex block decided to retain the front portion of 354m2 and sell off the back portion- to us - as luck would have it!  This would mean we would eventually take ownership of a massive 910m2 rear block (this includes 104m2 access leg or driveway) in a lovely riverside suburb where blocks of land do not become available very often.

We couldn't believe our luck as we thought the subdivision would split the block more evenly.  This also meant that our block had subdivision potential as two smaller strata blocks. 

Hmm  more dilemmas.


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