A subdivision enables you to divide your land into smaller parcels. Most people perceive subdivision to be an easy process. However, this is not always the case. If you plan to subdivide your land, the excerpt below discusses the things you should know about land subdivisions.
Always Determine The Use Of The New Parcels
It is an essential consideration when subdividing your property. Decide whether the subdivision is for estate planning processes (such as bequeathing your beneficiaries) or for business purposes (such as development or sale). If the subdivision is motivated by the latter, it would be wise to conduct some market research to establish the feasibility of your venture. Check what you can do to make the development attractive and profitable. For example, you could install a perimeter wall, security lights, or an appealing landscape.
You should also assess the zoning regulations of the area. For instance, if the area is zoned for residential use, you could opt for smaller plots. However, people that wish to invest in commercial or industrial businesses will want larger parcels.
Always Engage The Services Of A Land Surveyor
Although you own the land, you cannot subdivide it as you wish. There are strict subdivision regulations in Australia. Ideally, they help to stabilise the land prices and ensure controlled development. Without any experience in surveying, you may not know about these laws. For this reason, you should hire a lands surveyor to take charge of the subdivision process.
Once you hire the surveyor, they will want to know how you intend to subdivide the land. They will then compare your proposal against the subdivision regulations and the needs of each of the new plots. For instance, you are required to ensure sufficient stormwater drainage. Besides, each of the new plots should have an access road, water and electricity connections. Your surveyor will amend your plan with the required provisions. After this, they will submit this plan to the lands department for approval. If the plan is approved, the surveyor will conduct the subdivision.
The subdivision process involves the use of complex surveying tools to determine the exact boundaries of each plot. The surveyor will install beacons to mark the boundaries of every plot. They will then follow up with the land office to get titles for each plot. You will also need a subdivision contractor to install utilities, build access roads, and add any other amenities that you need on your subdivided land.Share