Development Feasibility Secures Prime Land in North Marsden Park NSW

The key to feasibility studies for a development where zoning has not been gazetted as yet, is to understand the masterplan, exhibition timelines and all the government reports that were submitted for consultation.

Although reports are a great starting point to understand, nothing beats going out on site to take a look personally.

In addition, working with the current property owner is crucial especially when a late settlement or a property option is agreed.

There has to be respect and clear expectations by all parties whilst keeping all to be accountable to the terms and reference of the agreement.

Taking the figures and reports into a conceptual drawing is where our clients start to see how the future value of the development can come together. This includes reviewing various site maps within the expected zoning and foreseeing the possible change in demographics to attract the right buyers.

Housing with A Purpose was honoured to provide property feasibility services to our Western Sydney business client. Being associated with an Award Wining Agency who won the Blacktown City Industry Awards for the Most Outstanding Realty Agency is an honour.

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