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Real Estate Development Process Australia - Step by Step Guide | Lion Property Group
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- čas přidán 15. 08. 2024
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Most of our projects follow the same property development investment process. We have broken this down into fifteen easy step by step guide so you can understand how property development works and how long each process takes.
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Timestamps:
00:00 - Introduction
00:35 - Site Evaluation
02:44 - Site Acquisition
03:00 - Development Design
04:42 - Planning Permits & Approval
06:31 - Building Permits
07:53 - Tender Process
08:09 - Off the Plan Sales
08:32 - Builder Appointment
08:55 - Construction Funding
09:19 - Constrution
09:48 - Established Sales
10:04 - Titles
10:48 - Settlement
11:02 - Profit Deposited
11:08 - Profit Distribution
Great video!
Really Helpful... Please cover STUDENT ACCOMMODATION DEVELOPMENT.
Great video.
Nice!
Cool. Thanks :)
Nice video and thank you for your work, just a question please, if I wanted to put a project up for tender, where would you recommend I should do so, regards 👍👍
Hi Dennis, thanks for your question.
When we're tendering a project, we directly approach potential builders by sending them the plans and scope of works. We shortlist potential builders by looking for builders who are reasonably local to the area we are developing and have experience building the types of properties that the project will deliver. One of the steps that we take when interviewing builders is visiting the sites of their previous work to check the quality. For example, we've been focusing on luxury homes recently, so we want to make sure our builder has experience building luxury homes.
There are platforms where people can post their tenders, but we can't comment on whether they are effective or not, as we've not used them. We prefer to be selective and approach the builders we want, rather than the other way around.
Hope that helps, and best of luck with your development!
How to plan cashflow or where and when to get funding?