All Topics / Help Needed! / Feasibility study?
Hi,
I am hoping someone can help me. I puchased a property a few years ago with the intention of developing it in the future (should be ok for 4* 3 br units or 3 townhouses), but I am unsure of all of the costs I should consider so see whether it is viable at this stage or but on the back burner until a few more years pass. Does anyone know of a template available for this purpose?
Thanks in advance,
CNat.
One relevant area is Council fees. Get an idea of the cost of the building value and go to your local Council and request in writing a quote of Council fees – Planning/Development Application, Inspections, Plumbing Inspections, State levies, and developer contributions. You will need to give the address of the subject land for this calculation.
We use feastudy to calculate all feasability on development.
Investment Property Management
http://www.adprop.com.auI can help you with your feasibility template…
I am a commercial lending broker predominantly focused on residential and commercial developments. I have a simple excel model which I use. It also comes in handy to show lenders within proposal for finance. Always willing to assist.Wade Greasley | Bluewater Financial Pty Limited
Mo – 0414564743 | [email protected]
“Discover the Bluewater Difference”Thanks for your replies. Your excel template sounds great Wade, if you could email me a copy at [email protected] it would be very muh appreciated.
Cheers,
Nat.
Hi Wade,
I to would be really interested in your template for feasibility. I am assessing an investment property at the moment so any extra analysis assistance would be excellent.
My email address is [email protected]
Thanks
Some friends of mine have put their house up for sale, and I am helping them with it. They are looking to sell it to Developers or anyone else. I would be interested if you can send this to me.
They have also used a Quantity Surveyor as well in relation to the subdivision of the property. It is 1061m sq flat and rectangular.
It might be worth while using a quantity surveyor as well for your project as they should know the costings and depreciation schedule.
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