jesusinsideme247
New member
My dad passed away last year and left my brother and l a farm. 50 hectare
There no animals, dence woodland, rock, creeks with massive ledges and only a small area that you would be able to clear and build. 6 acres of build space.
Road clearance is only 2.4m wide.
It has an existing 6 bedroom house that is 90% asbestos….keep in mind the property is located in the middle of nowhere. So building and getting a tenant is highly unlikely.
Property and land value $500k
Cost to clear, build a house $300-$450k due to being in the middle of no where and hard to access the site and disposal of current house. It would be a headache.
Should l sell my share or buy my brother out?
There no animals, dence woodland, rock, creeks with massive ledges and only a small area that you would be able to clear and build. 6 acres of build space.
Road clearance is only 2.4m wide.
It has an existing 6 bedroom house that is 90% asbestos….keep in mind the property is located in the middle of nowhere. So building and getting a tenant is highly unlikely.
Property and land value $500k
Cost to clear, build a house $300-$450k due to being in the middle of no where and hard to access the site and disposal of current house. It would be a headache.
Should l sell my share or buy my brother out?