Property developers typically seek to enter into real estate transactions – selecting a piece of land, demolishing existing structures, subdividing and constructing new homes on it – with the immediate intention of selling these new homes for a speculative profit.
The measure of a property developer's success is their average return over time. There are many elements that determine this return, including:
- Timeliness: Ensuring the project runs on schedule is vital to its overall profitability. Qattro offer guaranteed build times…coupled to liquidated damages
- Cost: Ensuring forecasted budgets are met. Qattro offers true fixed price contracts.
- Development location: The areas in which developers are able to secure land is crucial to the properties' market value.
- Maximising the yield on the subdivision: It is important to make use of all available land in the subdivision to achieve optimal land coverage and living space.
- Quality of the end product: New homes should reflect industry best practice in terms of quality of construction and fittings.
- Ensuring the construction materials, property size and configuration suits the demographic of the area: Care must be taken to ensure new homes match their surroundings, and are made from materials suitable for their geographic location
- Appropriate levels of risk management: Minimising delays and errors and maximizing efficiency throughout what can be a lengthy process.
Having project managed the development of hundreds of properties, Qattro are experts in South Australian property development. They have the industry knowledge, experience, risk management processes and resources to ensure developers consistently achieve highly attractive returns on their investments.
Please contact us for further information or to arrange an informal chat regarding your property investment options.
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