As a serious property developer, investor or builder, you’ll know that a large percentage of development sites are transacted “off market” – which means they never hit the public realm. At Troost Property Advisory, we have numerous clients as well as an influential referral network that prefer this method of sale for a variety reasons.
Rather than searching in the public domain and potentially missing out on many off market opportunities, please get in contact directly with our team or utilise our contact page. We look forward to assisting you in your next property acquisition.
Process
- Get in touch with us to discuss your requirements.
- We will then establish how we can be of help, both now or in the future.
- Our team will offer any properties that currently fulfil your requirements.
- We will add your details to our developer database for new and exciting updates.
- You’ll be advised of any future opportunities, either “off market” or pre-release.
- We will establish ongoing communication as market and needs change.
FAQs
FIRB stands for Foreign Investment Review Board. FIRB is an Australian governmental department that assesses applications from foreigners looking to invest or buy a home in Australia. To find out if you need approval, or are exempt, please visit their website.
Due diligence is broadly defined as the care which a reasonable person should take prior to entering an agreement or a transaction with another party. We stress great importance on due diligence. While many prospective buyers conduct an initial due diligence on a property prior to entering in to an agreement, many larger, more complicated sales are sold subject to a due diligence period. This can vary depending on the intricacies of the proposed sale.
Unfortunately there are no standard terms when it comes to development sites. It depends on a number of different factors, which we would be happy to elaborate on if you’d like to give us a call. While there are some industry standards that are applied to certain categories and zonings, ultimately it will depend on the requirements and needs of both buyer and seller.
A good town planner is an invaluable resource. They can provide a much clearer understanding of the potential in a development site. We have a number of planning consultants we work with, depending on what is required, to achieve the best possible outcome.
Yes. We believe this is imperative prior to considering any development in order to gain an understanding of its underlying value. There’s a simple saying “if it doesn’t work on paper, it won’t work in the real world.” Do your homework, and if you need help, call or email us.
Local councils are often flooded with various applications and proposals. Whilst they try their best to assist and guide developers, our advice is to make sure you have a full understanding of the appropriate procedures and guidelines prior to making contact or submitting an application. This will be appreciated by Council Officers and will allow them to deal with your site efficiently.
Firstly, it’s important to understand there is a buyer – or end user – for your proposed development. This should be at a price that is competitive in the marketplace. Then there are the practicalities of location, size, slope, frontage, construction accessibility and overlays – such as heritage or flooding just to mention a few. Research is imperative in this process and we can assist if required. Give us a call and we’d be happy to help.