Successfully executing a development has the potential to bring in a great return on investment. However, it is important to understand the risks associated with property development before diving in and this is why you need to know what you need to know.
Common risks at each stage can sometimes include:
Approval stage: Not getting the approval or not getting the approval you originally wanted.
Delivery stage: Not being able to get the build price you’re after or the builder going broke.
Exit stage: Not being able to sell your development for what you wanted.
In this week’s podcast episode, Hilary and Bob speak on the topic of “Are Property Development Sites Stacking Up?”. They explore the reasons why some may believe they are and why others may think they aren’t. They also provide their opinion on the matter and offer insights that listeners may find exciting! So if you are looking to stack up but not sure whether to dive in, you won’t want to miss this week’s episode!
