One Title To Multiple Profits!(Plan Sealing QLD/ONF Surv)+3 Splitter(Anastasiya)
Details
***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/uLuO
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 (Brisbane time) to 'Mingle With The Expert'
Virtual: 2pm (Brisbane time)
INTRODUCING THE INDUSTRY EXPERT:
๐๐ณ๐ฐ๐ฎ ๐๐ฏ๐ฆ ๐๐ช๐ต๐ญ๐ฆ ๐๐ฐ ๐๐ถ๐ญ๐ต๐ช๐ฑ๐ญ๐ฆ ๐๐ณ๐ฐ๐ง๐ช๐ต๐ด! ๐๐ญ๐ข๐ฏ ๐๐ฆ๐ข๐ญ๐ช๐ฏ๐จ ๐๐๐ & ๐๐๐ ๐๐ถ๐ณ๐ท๐ฆ๐บ๐ฐ๐ณ๐ด (๐๐ช๐ด๐ข ๐๐ฐ๐ฏ๐ฆ๐ด & ๐๐ฉ๐ณ๐ช๐ด ๐๐ถ ๐๐ญ๐ฆ๐ด๐ด๐ช๐ด
You've found the perfect site. The numbers stack up. You can already see it finished.
Then someone mentions Plan Sealing.
Suddenly, you're dealing with development conditions, compliance, legal documentation, surveying and Titles Registry.
Here's the problem most mum and dad developers don't see coming:
Plan Sealing gets left until the very end.
And when you discover a condition hasn't been met, you're not finishing the projectโฆ you're stuck waiting.
Settlements can be delayed. Cash flow can stall. And your carefully planned timeline can blow out over something that could have been addressed months earlier.
The biggest mistake?
Assuming Council will sign off because the project is finished.
They won't. Every development condition needs to be met, documented and proven.
So how do you avoid the headache?
Get in front of it from day one.
At our next Property Developer Network Meetup, Lisa Jones from Plan Sealings QLD and Chris Du Plessis from ONF Surveyors will unpack:
ยท Where Plan Sealing fits into your development process
ยท What your development conditions really mean
ยท The legal documentation you need
ยท Common mistakes that cause delays
ยท How to keep your Plan Sealing on track
Most importantly, you'll learn how to understand and track your development conditions early, so you're not discovering problems when you're ready for Titles.
Because the best time to think about Plan Sealing isn't at the finish line.
It's at the start.
INTRODUCING THE REAL DEAL:
๐ฅ ๐๐ฑ๐ญ๐ช๐ต๐ต๐ฆ๐ณ ๐๐ญ๐ฐ๐ค๐ฌ๐ด (๐๐ฏ๐ข๐ด๐ต๐ข๐ด๐ช๐บ๐ข ๐๐ต๐ฐ๐ญ๐ฃ๐ฐ๐ท๐ข)
๐ฅ๐ข๐ข๐ข๐ฎ๐ค, ๐๐ฐ๐ฐ๐ฑ๐ฆ๐ณ๐ด ๐๐ญ๐ข๐ช๐ฏ๐ด, ๐๐ณ๐ช๐ด๐ฃ๐ข๐ฏ๐ฆ
Can You Turn 3 Blocks Into 6 Lots?
The truth is...
A seemingly straightforward splitter can quickly become a very different project once the unexpected starts piling up.
Most developers focus on the numbers at the start, purchase price, end values and expected profit. But the real test comes when valuations are delayed, asbestos is discovered, sales take longer than expected, or a tenant refuses to leave.
At our next Property Developer Network Meetup, ๐๐ป๐ฎ๐๐๐ฎ๐๐ถ๐๐ฎ ๐ฆ๐๐ผ๐น๐ฏ๐ผ๐๐ฎ will take you behind the scenes of a ๐ฏ,๐ฌ๐ฌ๐ฌ๐๐พ๐บ ๐๐ผ๐ผ๐ฝ๐ฒ๐ฟ๐ ๐ฃ๐น๐ฎ๐ถ๐ป๐ ๐ฝ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐ where she turned three low-density residential blocks into ๐๐ถ๐ ๐ถ๐ป๐ฑ๐ถ๐๐ถ๐ฑ๐๐ฎ๐น ๐๐ฎ๐น๐ฒ๐ฎ๐ฏ๐น๐ฒ ๐น๐ผ๐๐ in this month's ๐ฅ๐ฒ๐ฎ๐น ๐๐ฒ๐ฎ๐น presentation.
Purchased for $3.6 million, the strategy looked simple on paper.
But getting it across the line involved commercial funding, simultaneous settlements, free house removals, buried asbestos, valuation delays, slow lot sales and a stubborn tenant who refused to vacate bringing the project close to a QCAT application.
And then something unexpected happened.
A post-survey re-measure revealed additional land on several lots, creating more value than originally anticipated.
Despite the obstacles, the project delivered approximately $600,000 profit at around 15% POC.
Anastasiya will share:
ยท How she found and structured a multi-lot splitter opportunity through a buyers agent
ยท How commercial funding, prepaid interest and investor capital were used to fund the project
ยท The challenges of coordinating simultaneous settlements, house removals and site clearing
ยท How buried asbestos, valuation delays and a non-vacating tenant threatened the project
ยท How a post-survey re-measure uncovered additional value
ยท The numbers behind the $3.6M purchase and the strategy to achieve approximately 15% POC
This is a genuine, behind-the-scenes case study showing what really happens when a straightforward subdivision meets the realities of development.
If you're considering a splitter, looking for ways to uncover additional value, or simply want to hear how an experienced developer navigates the problems that can threaten your profit, this is one Real Deal presentation you won't want to miss.
Join us for this event and progress your property journey forward in our very unique Mastermind process!
See you all soon!
