Once a site has been procured with development potential that fits your budget and strategy parameters, it’s important to find out if you can do a profitable project with it before you finalise your commitment to purchase it. What is the most most feasible design solution for the site? What will it cost? What potential risks and issues are there with the site? How much should you pay for the site? These are essential questions that need the right answers. Getting them wrong means you risk committing to a project that doesn’t make much money, or worse, loses you money.
Our site investigation services remove the guess work and the uncertainty, by helping you do a feasibility study for your chosen site. A professional property development feasibility study entails detailed assessment of market, site condition and planning constraint data particular to the site, and then using this data to produce an optimum design solution for the site complete with detailed cost, revenue and profit forecasts.
Feasibility studies allow you to make informed decisions about proceeding or withdrawing from a project before you commit to buying, or proceeding with development. If the desired returns are not there, you avoid costly the mistake of committing to a project that will lose you money.