This week, Hilary and Bob discuss how to find the right property development site. As they reflect on the current state of the property market in light of the COVID-19 aftermath, they emphasise the exciting opportunities in property development as we approach 2025. They discuss essential strategies and the importance of location, feasibility and demand.
Episode Highlights:
- Holiday Highlights [01:17]
- Importance of Location [02:17]
- Choosing the Right Development Site [02:30]
- Location Factors [03:13]
- Owner-Occupier vs. Investor [06:04]
- Mining Towns [08:43]
- Feasibility and Numbers [10:16]
- Ground Conditions and Costs [13:24]
- Demand and Market Understanding [19:06]
- Missed Opportunities [23:27]
- Final Thoughts and Encouragement [28:09]
