| Property Development
Few of us have the fiscal surety to be capable to merely throw in the day job, buy our 1st investment property and just get on it. The realism for most beginning time developers is the hard and shaky chore of balancing the known requirements of the old way of life and the unforeseen demands of the new.
Therefore, most beginner developers will have to brave out the aspects of their day job in addition to lunchtimes, evenings and weekends of attempting to co-ordinate what could be a mad development process. Engaging a project manager can avert a dreadful lot of the stress from a project, but simultaneously is assured to deplete 10% of your costs. If you choose to project manage yourself, you'll expend a lot of time on-site, a lot more time on the telephone, and will be asked to make prompt decisions and cope with troubles as they come up.
Even when you have achieved the point where you feel confident that you can leave the day job, your spare time will be consumed by the want to search out and organise future projects.
Auswide Homes can help you become a full time or part time property developer, before starting any property development a Development Application (DA) is required. Almost all development requires local City Council approval. If in any doubt, approval should be sought. Failure to obtain approval is an offence and a person can be prosecuted.Auswide Homes can help you obtain a development application and then show you how to develope the land.
What is a development application?
A development application is an application made to local council for consent to carry out development such as: |
- Dual Occupancy;
- Multi Unit sites ;
- Extensions;
- the subdivision of land;
- the erection of a building;
- the carrying out of work;
- the demolition; or
- Any other matter controlled by an environmental planning instrument.
If you are thinking about becoming a Property developer, Auswide Homes can guide you step by step through each process or we can handle all the hard work and head aches for you, click here for more information. |
