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EPISODE 255 - Feasibilities for SDA Developments & Projects.
Manage episode 436969938 series 3321104
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In this episode, Minh, Debbie and Denise discuss the new service offering that we are seeing an increasing demand for - Project Feasibilities. Land owners and new SDA developers are coming to us to get advice on what is the most feasible SDA development to do on a site they're considering. Even if its a one house dwelling on the block, its still a 'development feasibility' process as we are working alot more with custom designed projects for SDA.
We review all options possible on a block of land (yes, there are many!) to show developers all the types of SDA dwellings that can be built on the site. Our 'Fee For Service' advisory work will range from $3,000 to $10,000 based on the scope of works required, to advise on such developments, and can take between 4 weeks to 10 weeks to deliver by our 'home grown & one of a kind' research team of 6 staff.
The work encompasses concept design options, financial feasibility, SDA data analytics for demand and supply, and tenancy mix advice to each developer, before they take it to their architect and builder to finalise the project before lodging to council for approvals. Our work the team delivers, allows the investor developer to then goto a townplanner, architect or build designer, and builder, to put together the finishing touches before lodging the project for DA or BA with council.
The team talk about what is involved in the project feasibility advice we provide and how important it is for anyone looking at developing an SDA project on a site they have, or are looking to acquire, to understand all the potential options and to have a detailed analysis on the pros and cons, costs and ROIs of the many options likely available.
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