First things first, what is your project going to cost? Do you stand to make a profit?
To help you find the answers to these very good questions, we’ll happily undertake a project assessment for you. There’s no charge for this invaluable report, which will help you evaluate whether your development idea is feasible or not.
We’ll look at the site your have in mind and put together detailed cost predictions. Armed with these, you’ll be able to decide whether your proposed project has legs before you commit to buying land or tearing up your garden.
It’s all part of the service here at Plunkett Developments.
Development philosophy: The real money is in the land and what you buy it for.
Top tip for new developers: Don’t be afraid to ask the tough questions – or the obvious ones – there’s always something new to find out.
The hardest part of developing is … Getting finance sorted. You need to know exactly how you are going to structure everything before you can get finance approved.
Development philosophy: Be a warrior, not a worrier.
Top tip for new developers: Understand what a well-prepared project assessment report looks like and how it can help you work out whether your development idea is feasible or not. This report is your best chance of making a successful first foray into property development. The easiest way to make money is to not lose any.
The hardest part of developing is … making your mind up about a location or suburb. Sometimes it’s deciding whether to build a site out to its maximum yield potential, or building fewer units that could actually mean more profit. Don’t fall in love with an idea unless it’s backed up by a detailed project assessment study that gives you the best chance of hitting a home run.