In this video, Rowan walks you through the intricate process of rezoning a residential property into a commercial space. Recently, a residential property was purchased with the initial intent to convert it into office space, given the high demand in the area. However, midway through the process, it was decided to create an Early Childhood Development Center instead.
In this video, we detail the various options available for rezoning, the financial considerations, and the operational challenges involved. Join us as we share the journey of applying for rezoning and finally making a decision on the future of this property investment. If you're considering a similar venture, this video will provide valuable insights into the complexities and decision-making process behind property rezoning.
00:00 Introduction
01:04 Updates on my current property investment
02:51 Deciding on investment route
04:41 Submitting applications to the council
05:48 Dealing with objections
06:29 The next steps
07:26 Learnings as a landlord
If you haven’t watched the previous episodes of this series, watch here:
Episode 1: https://youtu.be/qcsLu9ZtEuc
Episode 2: https://youtu.be/8vPj4gEWraI
Episode 3: https://youtu.be/9JKX7H2I2CQ
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