NSW Planning Shake-Up:Stay up to date!(PropCode) + Rooming House(Kthryn/Kenneth)

***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/uMvs

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 (Sydney time) to 'Mingle With The Expert'
Virtual: 2pm (Sydney time)

INTRODUCING THE INDUSTRY EXPERT:
NSW Planning Shake-Up: Stay up to date! PropCode (Will Sullivan)

Is the NSW Planning System Changing Faster Than You Can Keep Up?

Trying to keep up with planning changes in NSW right now can feel like aiming at a moving target. Just when you think you’ve worked out the rules, the government rolls out new pathways, new housing policies, and new approval processes.

The problem? If you don’t understand how these changes affect your projects, it’s easy to get caught out.

You might overlook a site that actually has far more development potential under the new rules. You might run a feasibility based on yesterday’s planning controls. Or worse, you could spend months chasing approvals, only to realise there was a faster pathway available the whole time.

At our next Property Developer Network Meetup, we’re bringing in Will Sullivan from PropCode to unpack what’s really happening inside the NSW planning system right now and what it means for mum and dad developers on the ground.

Will will break down the latest planning changes and approval pathways, including:
• Low- and Mid-Rise Housing reforms
• Transport Oriented Development (TOD) changes
• Pattern Book low-rise (CDC) and mid-rise (DA) pathways
• EPA Act reforms including CDC variances
• Targeted assessment Development Applications
• The Housing Delivery Authority
• The Development Coordination Authority

But most importantly, he’ll translate all of this into plain English, so you understand how these changes impact your next subdivision, duplex, townhouse, or small unit development.

If you want to stay ahead of the game instead of relying on outdated advice or guesswork, this is a presentation you won’t want to miss.

INTRODUCING THE REAL DEAL:
22 Rooming House (Kthryn & Kenneth Bondoc)
970m2, MU1, Cardiff, New South Wales

Ever started a deal thinking you’ve got the perfect strategy… only to realise the numbers just don’t work?

It happens more often than you think. You spend months working through a Development Application, running feasibility after feasibility, and then reality hits, the project simply doesn’t stack up the way you planned. Then come the delays… council approvals dragging on… and lenders scratching their heads because your project doesn’t fit neatly in their box.
This is where many mum and dad developers get stuck.

At our next meetup, Kthryn and Kenneth Bondoc will walk you through a real project where the original plan — a mixed use commercial and residential development — simply didn’t work. Instead of forcing a bad deal, the sibling duo pivoted the strategy and transformed the project into a new generation boarding house development.

But that pivot came with its own challenges.

Long approval timeframes for the DA, complex funding because of the asset class, and the need to rethink the entire project strategy. The good news? Once the approvals were in place, the tender and construction phase ran incredibly smoothly.

In this Real Deal presentation, Kthryn and Kenneth will share the behind-the-scenes reality of the project, including:
• Why the original townhouse strategy didn’t stack up
• How they identified a better development strategy
• The approval hurdles that slowed the project down
• The complexities of funding a non-standard asset
• How the project came together during construction
• How they secured a headlease with a disability provider

If you’ve ever had a deal that didn’t quite go to plan or you want to learn how experienced developers adapt when the numbers change, this is a session you won’t want to miss.

Because sometimes the best deals aren’t the ones that go perfectly…

They’re the ones where you pivot, adapt, and make the deal work.

Join us for this event and progress your property journey forward in our very unique Mastermind process!

See you all soon!