All Topics / General Property / Can someone walk me thru the steps pls

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  • Profile photo of HappyHomesHappyHomes
    Participant
    @impatient
    Join Date: 2006
    Post Count: 34

    Hi, I am a bit confused on the steps of the developing process.
    If I have council approval, & working drawings, what are the next steps?
    &Also,any estimated costs of the following stagess on a “standard” 4x 9.5 SQ units site would be greatly appreciated.
    I am told I would still have to get storm water retention plans, driveway plans, slab & footing plans, engineering plans, energy ratings, sub-div approvals, & strata title plans, just to name a few!
    I would have thought some of these would be all part of the “woring drawings” ???
    Any advice would be great.

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

    HI

    This article on the development process may be useful:-

    http://www.propertyupdate.com.au/articles/14/1/The-Property-Development-Process

    Michael Yardney
    METROPOLE PROPERTIES
    Author of Australia’s leading property e-magazine.
    Join over 15,000 readers each month.
    FREE subscription http://www.PropertyUpdate.com.au

    Profile photo of AmandaBSAmandaBS
    Participant
    @amandabs
    Join Date: 2005
    Post Count: 549

    It would be impossible to estimate your costs as each property and area is different. May I suggest you have a read of the following books:
    “Smarter Property Improvement” by Peter Cerexhe
    “Aust’n Property Development” Ron Forlee

    Amanda
    “It is better to be inconspicuously wealthy, than to be ostentatiously poor…”

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