Posted on: 17 September 2020Share
Once you have acquired a raw plot of land, the most logical step would be undertaking land development as soon as possible so that you can make the most of this lot. Whether you are developing it for personal use or as a rental for passive income, you are guaranteed that this step is going to be a lucrative endeavour. But the process of converting the raw real estate into a residence that can be occupied can seem complex to a newbie in land development. And if you do not understand what goes into the transformation, you may find it hard to manage your expectations. Worse yet, you could end up at loggerheads with your construction contractor simply because you have a different perspective on the timeline. To avoid conflict while simultaneously enlightening yourself before embarking on this project, read on for a summation of the three phases that lead up to residential land development.
The development of any lot in Australia is dependent on its particular zoning regulations. Therefore, before you can start on construction, you need to know how those regulations will dictate the type of project you can undertake. For example, some zoning laws are in place to regulate growth patterns so while you could be able to construct a residential property, you may not be allowed to erect an apartment block. After establishing the type of project you are embarking on and ensuring it falls under the zoning laws of that area, you will then have to seek approval from your local government to go ahead with the land development process.
After requesting zoning approvals and getting the green flag to proceed, your contractors will have to seek both planning and building permits from your local council. Planning permits, as the name implies, provide you with permission to undertake in a specific project. Thus, in the case of land development, the permits you obtain will allow you to engage in the type of construction project authorised by the zoning approvals you obtained. Once you have the planning permits, you then have to seek building permits. These building permits outline the various building codes that your land development plans must meet. A few of the building permits you will require for the project include electric permits, sanitation permits, HVAC permits and more.
Installation of utilities
The third phase in the land development process is the installation of the various utilities required for a usable structure. These utilities are installed before construction can begin so that the plans are executed when the utilities are already in place. Some of the utilities that you can outfit the raw lot with once you have all your permits ready include plumbing, gas lines, power lines and so on.
For more information, contact a land development service.