Monday, September 23, 2013

Congratulations... you bought it

We have a block of land now :-) well all condtional on finance and some terms we put on the vendor but should be all good to go.

It was our first preference block as it in a magnificent location, nice and quiet and in an RZ3 zone meaning "incremental updates only". So basically no 2 story places allowed, in an already established residential zone, no McMansions and no houses jammed up together side by side. Best of all we were able to get it for less than the vendor was wanting which is a bonus as it allows us to spend more on the house. Only thing is its a back block but we dont mind that.

Its around 550m2 mostly flat, there is 1 corner where the block slopes down which is my main worry for site costs but the price was right.

The settlement on our land will be mid December giving us a good chance to settle our unit in the meantime which would be the best case scenario.

We also appear to be getting more interest in our place which should interpret to us getting some more offers soon. Fingers crossed that everything starts falling into place from here on if not we will be juggling 2 mortgages and be eyeballs deep momentarily.

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