Before you dive into buying a development site.

Before you dive into buying a site to subdivide or develop in Perth, you need to be aware, there’s a whole process around deciding –

  • Where to buy,
  • What to buy, and
  • How to determine the most profitable design solution for the site.

On top of this, there’s also important tax planning hurdles, and the need to secure finance.

A property can have subdivision or development potential, however this doesn’t necessarily mean doing the development is actually going to make you money.

In fact, 90% of what’s on the market won’t actually make any money at all.

It’s therefore very important you are diligent in what you buy and plan how you are going to develop it. If you don’t plan things carefully, you risk committing to a loss making project, or being stuck with a property that isn’t worth developing. What you really need to do is a lot of research to determine the right areas and type of property to buy, and spend time doing feasibility studies on the sites you find before you commit to the purchase.


Schedule a Free 45-Minute Consultation

    Have you developed property before?

    Are you looking for a site OR do you own a site?
    I'm looking for a site to developI own a site I'd like to develop

    Do you have a budget/finance pre-approval?

    Have you done any tax planning?

    Have you done any strategy planning?

    We have the expertise to help you get all this right.

    Our EPIC project development process is set up to help people just like you undertake important preparation activities like strategy, finance and tax planning, sourcing the right property in the right areas, and doing the numbers before you commit so you are certain of project viability.

    Let us help you by providing the expert advice, guidance you need to enjoy a safe and successful property development journey.

    Our initial preparation consultation is the first part of Building an EPIC Project. It’s a 45-minute consultation, where we go through an introduction to project planning, development strategy, finance pre-approvals, tax planning, investment set up, and sourcing premium development sites. The 45-minute consultation is held at our office in Perth (if you’re interstate and looking to develop in Perth, let us know in the form).

    To make a booking, complete all your details and don’t forget to let us know your preferences for a day/time. Once we receive your booking, we will contact you to confirm the day, time & give you a list of items to prepare for the meeting.

    EPIC Project Example

    Sam owns a successful renovation business employing around 20 people, and was looking to step back form his business a bit and get into property development.

    He found the Infill Property Developer E-book on our website in January 2020 and bought it.

    Keen to continue learning all he could before he started, he and his business partner Ron enrolled in the Practical Skills Day Course: Planning & Designing Successful Developments in march 2020.

    By the end of the course, they had a much better understanding of where, why and how to develop properly. They then started working with us to get ready for a project acquisition.

    This meant assistance with finance, tax planning and strategy discussion about their goals, budget, and the assembly of an acquisition brief. With the assistance of buyer’s agents in our real estate agent network, we looked at, and ran the numbers on 4 off market sites. In late June, we found a property that was the right fit for them, being a 3-townhouse development site in Leederville. The site was off market, so dealing with the owner allowed us time to negotiate terms, price and work out the best design solution with feasibility studies before committing to the project.

    Purchase price $1,200,000
    Purchase associated costs $93,515
    Total Purchase Price  $1,293,515
    Total Subdivision and Build costs $1,251,826
    Total Holding and Interest costs $122,018
    Total Land and Development Costs less GST (includes contingencies, development management) $2,662,903
    On Completion Value (less selling costs and GST) $3,203,409
    GST owed  $78,999
    Profit before tax (net of GST) $461,507
    Indicative ROI 17.33%
    Indicative ROIC 44.26%
    Upfront capital required $1,042,758