The titles in this format are based on the land content. A subdivision requires an application through the Western Australian Planning Commission and this initial application takes 3 months to issue. An approval to subdivide will be given with conditions requiring the developer to provide services & street access, and typically will be a 9 month process in total so the developer needs to plan accordingly.
The unit entitlements of survey-strata lots is calculated on the unimproved site value of the lots and ignores the value of any buildings on the lot.
The issues to consider are:
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