Coa a ee cet
aches
SYSTEM
Fast Property Development Checklist
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Property Development Checklist
1) Assessing the Site
+ Zoning ~is the ste correct zoned to accommodte your proposed
development, This also covers an examination of restrictive overlays on th
+ le the site at? - A sloping site means adding retaining ich further
+ Isthe site affected by Flooding or does it fall under a Bush Fire zone? Wil,
that hasan effect on the
Possible Use your Local Authority supportive of what you
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Patt 1 of2
CATEGORIES2) Market Analysis
+ What’ already being bultin the neighborhood?
+ Who are the builders already building ft Find out the costs they are buldingit
atto get an idea of construction cost, a5 this would hep you in your financial
‘easly.
+ What s the design intent in the local area? This is determining what kind of
townhouses or units are being designed in your area.
+ What's the demane for such designsin your area?
+ What would be the end value of townhouse?
+ Whats the rent inthe current market fr anew townhouse & for an ol
property?
+ What are some comparable sales in the nearby area?
3) Land Acquisition
+ Hon ste se tobe acura?
«wnat are the tems of setemen?
+ cant negotiate the re ira cn negate the ems
+ Isiepossble todo a joint venture with landowner?
4) Legal Structures
+ What would be the bes structure that will hold the development site?
+ What ill be the GST and Capital Gains implication of the development?
5) Property Development
Financial Feasibility
+ Doyour numbers stack up?
+ Whatare various financial models? Develop and SellVs Develop & Hold
+ Whacis my development margin?
+ Whacis the maximum tan pay for the site?
‘+ Have conducted a validation feasibility for my development project?
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The Feasibility Study
Comprehensive
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Risk Management6) Professional Reports &
Consultants
+ Dot need to engage my propery development team?
+ Dot require any ofthe following reports?
+ Noise Reports
+ Environmental Report
+ Geotechnical Report
+ Trafic Report,
+ Mining Report
+ Any other report that the site may require.
7) Services & Storm Water
+ How wil the stormwater be dlscharged?
+ Istherean established point of discharge?
+ Isthere water tothe site?
+ tsthe water pipe capacity suficent?
+ Are basic utilities connected tothe site, for example, Ga, Electricity &
Telephone,
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