DOC Pricing Explained
There are 3 main costs associated with a Dual Occupancy project:
- Build value – This is the total value to fully complete the build with all premium inclusions and means that the property is ready to move into with nothing left to spend.
- Planning fees and charges - This includes payment of all home warranty and associated insurances, ACT Government fees, engineers, related plans and certificates, and building approvals. These charges will be determined by a site evaluation.
- Utility connections - These include connecting sewage, stormwater, electrical line +sub board, communications, site excavation and preparation for a standard block (80% of properties fall into this category). These charges will be determined by a site evaluation.
Planning fees explained:
Unlike secondary residences and extensions, Dual occupancy planning costs can vary drastically by suburb if the Crown lease needs any variation. These variations come from the ACT Planning legislation and are outside of our control. Utility connections can vary based on the needs of your block as, in order to get Unit Titled, separate utility connections are required. Throughout the process our team can advise you on the cost of these values once we have more information on your block and Crown lease.
Utility fees explained:
The development of a Dual Occupancy Residence does not permit the use of existing services and therefore requires a separate and Independent connection to the utility networks. The nature of establishing a new services and connections are heavily dependent on the site. The following services are included but not limited to, Water supply, Electrical Supply Factors, Sewerage and Stormwater drainage. The below facts are the major contributors that could affect the value of the works are
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Fees and levies imposed by the utility providers.
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The existing conditions of the Infrastructure that belongs to the utility providers
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The point of connection that is permissible by the utility providers.
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Challenges in creating a new connection, i.e. retaining walls in the way, concrete driveways in areas where trenching are required
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Additional upgrades to existing connections to be compliant to the new codes mandated by the providers.
Total value
The total value will be the sum of the build cost, planning fees and utility charges.
Before you make any commitment to engage with us, we will provide you with a customised, detailed, fixed-price agreement. This agreement will outline all costs and inclusions, supported by our HIA agreement and protected by our foundational guarantees.