Sell Your Backyard

You can access cash from your property by selling your backyard, without having to mortgage or sell your own home.

Why should you sell your backyard?

Many homeowners today are faced with

Rising cost of living
Home maintenance and council rates costs
Reduced income and retirement savings

So why not unlock the potential wealth in your unused backyard and put cash in the bank?

Our team of experts will take care of:

All the project costs
Legal and council requirements
Subdivision design
Fencing and landscaping
Sale of the land

We will ensure the project is stress free for you, while we take care of every subdivision requirement from start to finish. Subdivisions generally will take up to 6 to 9 months; this is dependent on the local council process.

Does my property fit the criteria?

Within Brisbane City Council zone, the criteria to subdivide a backyard is:

800m² to 1000m² or larger property
15m – 20m street frontage
Location of existing home on the property

For other councils refer to the relevant city plan or phone us for more information.

We can assess your property free of charge to see how a new home may best fit on the land.

How does it work?

Contact Us

Contact us for a no obligation chat to find out if your backyard has potential to subdivide. We do all the research and evaluate if your property meets council requirements.

Negotiate Price

We negotiate a cash offer for your backyard, based on current market research of the area and project costs. We enter into an agreement to purchase the property, in consultation with your legal representative.

We Organise the Subdivision

We apply to the city council for planning permits, land title and subdivision at our cost. On approval from the council we pay you for the land.

We encourage you to always seek independent advice from your property valuer, bank, solicitor or accountant.

Contact us today for a free 30 minute consultation about your property.

Earn $1000 referral fee!

Do you know someone with a big back yard?

Call Us Now – 0426 589 703

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Examples of Backyard Subdivision in Brisbane

Backyard Subdivision Example 1

Backyard Subdivision Example 2

Backyard Subdivision Example 3

Backyard Subdivision Example 4

Backyard Subdivision Example 5

So You’ve Purchased a Property – What About Insurance?

Posted by amalfiprop on October 21, 2015 in Property Investment Tips, Uncategorised - No comments

If you have just signed the contract for your new investment/development property, you might not realise, it’s already your responsibility to protect the property. This blog article explains why.

From the blog of Teddington Legal, July 25th 2015

“So you’ve taken the plunge into the property market and purchased a property. First of all, congratulations! Deciding to buy a property is a big step forward. But here’s a tip, have you considered insurance? We know, you’ve only just signed the contract of sale and you won’t actually own the house for a while yet, but what you’re probably not aware of is that the property is already you’re responsibility.

In Queensland the property is at the buyer’s risk from 5:00pm on the next business day after the contract date. What this means is that it’s up to you to protect the property from this time, even though you don’t legally own the property and probably aren’t the one living in it. Unfortunately this is how the law works in Queensland though.

So what are you waiting for! Insure your soon to be purchase!

Organising insurance for a property is a pretty easy process, with most insurance companies able to organise cover over the phone or via the internet within 24 hours. In most cases you will be taking out a mortgage for your property and where this is the case you will need to note your financier on the insurance policy as an interested party in the property. Be sure you check with them as to whether they have a required amount of cover for the property.”

Questions for your new Property Manager

Posted by amalfiprop on September 18, 2015 in Investment Property, Property Investment Tips - No comments

Most Australians manage their investment properties through a property management agency. While there are costs involved, they can also save you time and money dealing with any issues that arise with the property and the tenants.

Here are some important questions to ask your prospective property manager.

Eviction procedure
% of gross income
Fee schedule
Maintenance costs,  emergency call cost,  maintenance team
Vacancy rate / tenant screen last 5 years
Tell me about the properties you manage now – cash flow / no cash flow,  number of units, houses
Do you have any rental properties your self
What type of training / certification
How many years experience / references
Collection procedure / success / theft
Terms of contract
Copy of lease contract
Date of reporting / month
Company insurance / liability
Marketability of the property
Types of tenants likely to be looking at the property
Landlord insurance

17 Questions for your Accountant

Posted by amalfiprop on September 18, 2015 in Investment Property, Property Investment Tips - 102 comments

If you are buying an investment property, you need to make sure you have an accountant who will provide you with the right advice. Here are 17 questions you can ask when looking for a new accountant.

What is your experience with entity structures and setups
What is your net worth
Example of tax strategies (aggressive)
Have you defended an audit
Fee structure
Aggressive / Non Aggressive / Developments
How many of your clients invest in Real Estate
Do you invest / How much / Strategy
How much experience in Real Estate do you have
What other jobs, businesses have you had or have now?
Would you meet with my wealth team
Tax planning – when do you think is the best time for it?
What is your strength
Do you work with QuickBooks / MYOB / Xero
Are we working with you or your staff
Are you familiar with tax laws, GST, Capital Gains, Margin Scheme
How do you maximise tax deductions

It’s worth while talking to other professionals, colleagues and friends for recommendations before making a commitment.