Fundamentals- Understanding Markets & Cycles
It has been said that “just because you can, doesn’t mean you should”. This statement applies more to the world of real estate than any other commercial sector. How do we determine where & when to undertake a development project? The truth is it that it takes years of watching, reading, analysing & dissecting markets to be able to see the trends & patterns needed for success. However, there are principals that are followed in order to ensure we are fishing in the right pond some of which include:
- Government spending on infrastructure such as rail, new roads, new schools or hospitals
- Private sector investment on things such as new shopping centres or the renovation of existing shopping centres, industrial estates, new retail
- Demographics shift; when new people are moving to the area to take up jobs etc.
The Team- Attracting the Best Talent
Success in anything comes not from circumstances or opportunities alone but from the people we surround ourselves with. Lead by Micheal Edwards our expert team have been hand-picked based on high standards that have been defined over time throughout the course of completing many projects.
Central to our success each have a solid track record that we lean on to provide the knowledge & confidence needed to enable intelligent decisions making which ultimately minimises risk, streamline costs & allows the extraction of maximum profits in the shortest possible timeframes. Our team of leading consultants consists of:
- Legal advisors
- Engineers
- Town planners
- Surveyors
- Architects
- Civil contractors
Securing Development Sites – Deal Making Ability
Dealing directly with land owners provides us with the opportunity to quickly build relationships so that we understand & get clear on what their needs & expectations are before putting forward a proposal. Selling a property to a developer is very different to selling to someone who may live in the property therefore we take the time to explain these differences and demonstrate our proven formula for success. From here we are able to then structure the deal that will work for all parties involved & ultimately facilitate a positive outcome.
Understanding Council’s Requirements- Achieving the DA
Adding value to a potential development site is the goal, in order to achieve this a balanced view is necessary between understanding what the local Council will approve taking into account the town plan & zoning requirement s as well as a commercial view ensuring that we are producing an end product that is in high demand in the marketplace; in other words we’re creating a place where people ultimately want to live whether they are owner occupiers or tenants.
Successfully achieving a Development Approval (DA) comes down to the quality of the application submitted to Council which we are skilled at. We take the time & invest heavily upfront to ensure that the desired result is obtained in the shortest possible timeframe.
