The key to successful property development is finding a trusted partner who can provide solutions and add value.
The first important steps.
Starting with proper property development planning will help ensure a smooth process. There is a series of well-defined stages with the Subdivison Process, and Homemark and First Choice Homes WA we will work closely with you through every step of the way, as part of a clear and transparent process.
As a guide, the planning stage will involve:
– Site assessment
– Feasibility plan
– Business / Sales & Marketing plan
– Design decisions
– Applications and approvals
A site assessment will determine the appropriateness of your site, its R Code – which determines how many dwellings you can build on it – along with any special requirements or covenants the WA Planning Commission or local government area may have on the site. From this will come your Feasibility Plan.
The key to success in property development is to move from the general to the specific as early and as thoroughly as possible. So now is the time to formulate a Business / Sales & Marketing Plan, especially if you’ll be seeking finance. We can assist you with background research and putting the plan together.
Once this is in place, you can begin making your design decisions, starting with size, specification and price of the dwellings we’ll be building for you. By the time we’re ready to move into the application and approvals process, you’ll have a better idea of how your final development will look.
Getting past the preliminary stages of subdivision approval is a huge milestone. Now the real work begins – getting ready to lay the foundations of your investment!
The property development process involves:
– Demolition (if required)
– Site works
– Working drawings
From the moment the first trades arrive on site to the day we handover your keys, you’ll enjoy the peace of mind that comes from having an experienced partner in Homemark and First Choice Homes WA to take care of every aspect. We’re here to make the process as simple as possible and ensure you get the most from your valuable investment property.
Get in touch with us today, and one of our friendly team will be happy to talk with you about the process of developing your property with two, three or multiple dwellings.
All construction work is carried out by our building partner First Choice Homes WA.