R40 ZONED AND A REAL GOOD HOME This is a ripper opportunity for any smart investor who wants to subdivide at some point or a home buyer who has the foresight to think about the future. Set on a 708sqm, R40 zoned block close to everything including shops, transport and more. Subdivision is a real possibility here as under the R40 guidelines the minimum lot size is 180sqm. There is about 260sqm available at the rear. The home is very nicely presented and as spacious living area and a kitchen with a nice outlook across the gardens. The rooms are of a good size and the layout of the home is very practical. TELL ME ABOUT THE R40 THING This isn?t an extract from the planning guidelines, but it?s a rough guide to how it all works. Definitely ask a town planner before making a decision about any property that you may want to subdivide because they?re able to give advice, the following is just a broad explanation of things. So, if you look at most properties around and check the zoning you?ll normally see something like R15/25, or R25/40. Basically, the way the zoning bit works is that each code has some minimum requirements you need to meet if you want to subdivide. The most significant starting point being the minimum size of the new lot you want to create. With the something/something zoning, you can potentially subdivide at the requirements of the larger number (meaning a smaller lot size which means you have a better chance of subdivision being approved). If it?s got the ?slash? in the zoning it means you need to apply to the council and THEN apply to the... Lot/Plan No: P010228 62 Lot/Plan No: P010228 62