All Topics / Value Adding / Traps to be aware of when looking at a site

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  • Profile photo of PersiusPersius
    Member
    @persius
    Join Date: 2003
    Post Count: 18

    I’m interested in getting your ideas as to what things to be aware of when looking at a development site. I’m currently looking at a large site (several acres) near Melbourne. I’m aware of such things as soil testing and overlays eg heritage or green wedge. However, are there any other points that I should be aware of, or for that matter, points that I should look for in a site (I’m looking at several different sites and will probably want some equity partners down the track). Thanks for any assistance you may be able to provide.

    Profile photo of Alistair PerryAlistair Perry
    Participant
    @aperry
    Join Date: 2004
    Post Count: 891

    If you are planning a residential development, you would want to know if the property is within the urban growth boundary.

    Regards
    Alistair

    Profile photo of steve3556steve3556
    Member
    @steve3556
    Join Date: 2004
    Post Count: 40


    Hello Familyfirst

    l would be checking for UG utility easements & and property drainage requirements – having to negotiate easements for drainage across other properties is a time consuming, costly and sometimes friutless undertaking

    Steve

    Profile photo of MichaelYardneyMichaelYardney
    Participant
    @michaelyardney
    Join Date: 2001
    Post Count: 616

    I have placed some resources for beginning developers on one of our web sites.

    One is a checklist we use when assessing a site for development potential.

    Check it out at http://www.metropoleprojects.com.au

    Go to Investors Learing Centre- site assessment checklist

    Michael Yardney
    METROPOLE PROPERTIES
    Author of Australia’s leading property e-magazine.
    Join over 10,000 readers each month.
    FREE subscription http://www.metropole.com.au

    Profile photo of crjcrj
    Participant
    @crj
    Join Date: 2004
    Post Count: 618

    Thanks Michael for sharing this resource.

Viewing 5 posts - 1 through 5 (of 5 total)

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