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Redlands Real Estate

31-35 Middle Street Cleveland

07 3286 1266

07 3286 1241

office@prre.com.au

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Tips for Purchasing Land

30 Sep 2011 Cleveland 0 Comment

While most land for sale today is contained within huge subdivisions containing hundreds of lots, there are still blocks of land randomly for sale to choose from.

Just like buying a house, location is usually the single most important feature when buying land. How close is it to employment centres or a CBD? Is transportation readily available?

Of course, your interests mandate. Maybe you like cafes or are a keen golfer. Obviously you’ll want to be near amenities that you fancy. But if you’re an investor, you have to consider potential purchasers. Shopping centres and schools are important to families as may be childcare facilities.

Another consideration is size. Smaller blocks are in fashion because down-sizing is so prevalent as well as single-person households. Sheer economics also counts, especially for first home buyers. Lots come as small as around 400 square metres. The other option is to go for a 600 to 800 sqaure metre block for those needing a family home.

The shape and aspect also need considering. A block needs to be deep enough to build on and, hopefully, get some sun. Having a view is optimal.

Quiet settings are popular as are corner lots. And it’s always good to be on the high side of the street. Be sure, too, to check for any covenants on the property. You want to know about restrictions for both yourself and your neighbours.

If you wish to view some properties for sale, feel free to phone me or call into our friendly office cnr Middle and Doig Streets, Cleveland.


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