What Makes A Great Off Market Deal! (Elftmann Group) + 4 Lot Subdivison (Elise)

***RSVP PROCESS - CRITICAL INFO***

Please be aware, we don't use the Meetup website to take RSVPs, so you will need to register on this link to lock in your place (bookings essential) - https://propdev.info/ufCJc

We run events most weekends around Australia so you can attend either physically in your local area, or live-stream to any event around the country.

In-Person: 1:30pm (Adelaide time) to 'Mingle With The Expert'
Virtual: 2pm (Adelaide time)

INTRODUCING THE INDUSTRY EXPERT:
What Makes a Great Off Market Deal! Elftmann Group (Robert Elftmann)

“Find It, Fund It, Finesse It. The Off-Market Advantage”

Let’s face it, if you buy wrong, nothing else matters. You can have the best team, the flashiest feasibility, and the sharpest build but if you’ve paid too much or missed a critical red flag, the entire project can sink before it even starts.

Too many developers, especially early on, fall into the trap of chasing shiny sites, trusting dodgy advice, or skipping key steps in due diligence. The result? Deals that don’t stack up. Budgets that blow out. Exit strategies that don’t exist. And profits that vanish into thin air.
That’s why this month’s Industry Expert is such a game-changer.

At our upcoming Meetup, we’re bringing you a boots-on-the-ground expert who’s built a bulletproof formula for sourcing and securing off-market deals that work. You’ll learn:
• What really makes a deal great and what to avoid like the plague
• The 3 non-negotiables every profitable site MUST have
• The red flags that even seasoned developers sometimes miss
• And the most common (and costly) mistakes that can wipe out your margin

This isn’t theory. It’s hard-earned wisdom from someone who’s made the mistakes, fixed them, and now helps others buy smarter and build wealth.
If you’re serious about getting the first step right, buying well and making your next deal a winner, this session is your roadmap. Come ready to take notes so you'll walk away with a practical action plan you can implement immediately. Your next off-market deal could be your best one yet but only if you know what to look for.

INTRODUCING THE REAL DEAL:
1 into 4 Subdivision (Elise Chen)

1640m2, RZ, Cumberland Park, South Australia – Mitcham Council

Retain, Build, Repeat – The Long Game That Pays

Zoning quirks, tricky tenants, or weird little problems like bin collection rules - these are the kinds of headaches you don’t read about in textbooks, but they’re the reality for mum and dad developers on the ground.

This month’s Real Deal features Elise Chen, who took on a 1,640sqm site just 5km from the Adelaide CBD. A solid old home sat at the front, but the real opportunity was tucked away behind it. What looked like a standard site that had already failed to sell turned into a high-performing, long-term asset. Not because of the site, but because of Elise’s strategy, sharp negotiating, and smart planning.

• Come along to this month’s meetup and hear how Elise:
• Secured the site right after Christmas with a long 5-month settlement
• Navigated council red tape and tenant logistics while planning construction
• Turned a simple subdivision into 3 single-storey homes at the rear
• Achieved over 60% profit on cost and 6.5% rental yield
• Retained the full site and leveraged the equity for future deals

An event you don’t want to miss. Come along to hear how you can turn a simple site into a powerful portfolio piece!

Push your journey forward and come in-person to network with like-minded Developers!

See you all soon!