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Feasibility Assessment
The first step in any development is to determine whether it is feasible and the likely Return On Investment (ROI).
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Does the planning zone, overlays, neighbourhood character and other legislative and council restrictions allow the type of development envisaged?
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What size of dwellings are possible given these restrictions?
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What type of dwellings are selling in the area, for how much and how long might a given type of dwelling take to sell?
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Factoring in the above what type and number of dwellings should provide the greatest Return on Investment (ROI)?
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How much should it cost to build these dwellings on this site (considering the slope of the block, access and other factors)?
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What are all the other development costs; surveyor, building designer, town planner, the many different council fees, authority fees (for services including power, water, sewer, NBN), demolition, subdivision, owners corporation, etc?
A Property Advance Feasibility Assessment addresses these questions and provides a comprehensive cost estimate which our clients tell us is surprisingly cost effective. Contact us today for a quote. Most Feasibility Assessments are completed within 7 days (depending on complexity).
Download an Example Feasibility Report in PDF format:
To arrange a no obligation discussion of your project contact us today or email the following details to info@propertyadvance.com.au:
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Your name
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Contact Phone
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Property Address
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A copy of the property Title Plan (or we can arrange a copy from Land Victoria for $30)
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If you have a preference for the number or type of dwellings please include this