I am looking for advice on subdividing my 1000m2 block. It currently has a 1969 3x1 on it. I have had a architect draw up a couple of proposals, a 4x2 for the rear block and either leave the 3x2 as it is and modify it or pull it down and build another 4x2 in it's place.
My architect advises it would cost $1500 per mtr to build the new 4x2. So i look thru the west magazine on a sat and see that the project builders can build these 4x2's for between $600 - $800 per mtr.
So my question is what have you done in the past, pulled it all down and built two new ones thru a project builder or gone with the architect renovated the existing and bult a new one on the new block at the rear for $1500 per mtr. doesn't really seem as though I am going to make a nice profit for all my hard work and time. give me your thoughts and stories.
cheers