Thanks heaps for all of that information. Much appreciated.

IT will depend on the size of the site, the specific zoning and whether you have a DA allowing you develop the site etc. If its a small residential site you're wasting your time on the larger groups as they won't touch anything under 60 home sites, you're more targeting the smaller builders/mum and dad developers. I'd investigate via the town plan what you're allowed to build, eg: 4 townhouses, or 2 storeys or whatever it is, then at least you can advertise your site as having the potential. Be aware that in targeting developers, so no developer will pay you a cent until they're sure they can do what you say, thus the settlement period will be subject to a successful development approval, due dilligence etc, which depending on the council, can take anywhere from 6-18 months. that is simply the way it is, so if you're keen on selling to a developer, be ready for this.
Good luck.[/quote]