Finally, your development project is finished and ready to market. You’ve done it! You pulled together an A team, secured your construction finance, found a reliable builder, navigated the local council maze to obtain development approval and finally your project is nearing completion. While some developers undertake this sometimes frustrating and undeniably challenging process to gain…
A Building Certificate is a certificate issued by Council stating it will not make certain Orders or take certain action under the Environmental Planning & Assessment Act 1979 or the Local Government Act 1993. To Order or take proceedings for an Order to have the building (covered by the certificate) demolished, altered, added to or…
In this continuing series of articles, I’ll take readers on a step-by-step journey through the property development process. You’ve selected your site, conducted your feasibility studies, gathered a team of professional industry experts to help you navigate the sometimes rocky road of property development, made your way through the council’s bureaucratic maze of red tape…
In his continuing series of articles, I’ll explain the role of a project manager and helps you decide whether or not it is the right choice for your development project. If you are a beginning property developer I would definitely suggest that you recruit a good development/project manager as a part of your team. Even…
I’ve found that many investors want to get into property development to grow their wealth faster by “manufacturing” capital growth and increasing their rental returns. While the property development process can be very rewarding, it is not without some pain and considerable risk. When all goes well, the results are fantastic, but if things go…
Have you ever wondered how you get started in property development? I’ve recently noticed a trend in budding developers – they are looking for an overview of the property development process and they want it in a simple and accessible way. It’s probably in part because many of the property markets around Australia are flat and…
In this instalment of the Property Development Series, I’ll walk us through the role of the engineers and which ones you’ll need for your next project. Astute property investors and developers know that in order to be successful they can’t do it all on their own. They surround themselves with qualified and experienced professionals who…
In this article, I’ll explain the role of the Architect and how to work with them on your development project. Astute investors and property developers know that in order to be successful they can’t do it all on their own. They surround themselves with qualified and experienced professionals who can provide invaluable support and assistance…
The Vacant Residential Land Tax (VRLT) in Victoria has been a topic of much discussion, especially among property investors and homeowners who may be affected by this tax. Originally, this tax applied only to residential land in the inner and middle suburbs of Melbourne, but recent legislation has expanded its scope to include all of…
In this article, I’ll explain the role of a town planning consultant and what you need to be asking yourself. Town planning consultants are professionals with qualifications in town planning or urban planning. Those in private practice have usually been employed by local councils or planning organisations for a number of years, meaning they know…
