Partnering with Grant Stevens Property for your Newcastle Property Development
Expertise: We live and breathe this industry and have the knowledge and experience to navigate the complex Newcastle development lifecycle, from planning to execution.
Network: We have established relationships with builders, trades, and consultants, which can translate into cost savings and efficiency gains for your project.
Risk Mitigation: By leveraging our expertise and network, you can minimize the risks associated with going it alone, such as cost overruns, delays, and subpar workmanship.
If you believe your property has development potential please call us today to understand how we can work together to maximise the value of your asset!
Unlock the Secrets to Profitable Newcastle Property Development: 21 Essential Questions to Ask Your Developer
Embarking on a property development venture can be a lucrative endeavor, but it's not without it's risks. To maximize your chances of success and minimize potential pitfalls, it's crucial to partner with an experienced and reputable property developer.
But how do you separate the wheat from the chaff?
By asking the right questions.
In this article, we'll take a close look at 21 essential questions you should ask a property developer before entering into a joint venture. These questions will help you gauge their expertise, track record, and ability to deliver on your project goals.
Armed with this knowledge, you'll be well-positioned to make informed decisions and unlock the secrets to profitable Newcastle property development.
21 Questions to Ask a Property Developer
1. Do you develop in my area?
2. How much does the finance cost?
3. How long does the process take?
4. Have you done any developments in my area?
5. Do you have past work you can show me?
6. Do you have testimonials or real client checks I can check out?
7. What happens if the builder goes under mid-project?
8. What happens if the market goes south?
9. Why should I use a project/development manager?
10. How do you justify the value in your fee?
11. How long have you been developing for?
12. Have you had any developments not make it to completion, and if so why?
13. What relationship do you have with builders, trades and consultants engaged to complete the project?
14. What is your fee structure?
15. What happens if my circumstances change mid-project and I need to either put the project on hold or even sell the project with plans and permits?
16. Do you charge a margin on top of all suppliers and providers?
17. What does your internal company structure look like?
18. How many active projects do you currently have?
19. How many employees do you have?
20. What kind of risks are involved with my project?
21. Can you provide details on the project development agreement?
Grant Stevens Property is the local expert when it comes to Newcastle property developments. Contact us now for a friendly chat about whether your site is suitable for development.
Get in touch with Grant Stevens Property
E:[email protected]
P: 0404 079 042
PO Box 311, Kotara, NSW 2289