It is becoming increasingly obvious that with the Gold Coast’s growing population, in the future there will be a shortage of buildable land.
So, what is the solution?
In one of our recent posts on townhouse developments, we discussed the integration of townhouse developments and local commercial centres as a new way to utilise large subdivisions. We found positive benefits of this multi-function community approach are that improved yields and mixes communities and diversity.
On an individual level, the feasibility of turning what was once the typical family ¼ acre block, or a larger single use block, into something more usable and valuable – otherwise termed as ‘subdividing’ could be the answer.
Capitalising on the full potential of your land by demolishing the original house and building a duplex, triplex, quadruplex or more, depending on the size of your block opens chance to create more space, potential sales or rental possibilities.