The Hidden Cost of Connections! (Ampflo) + Rooming House (Jon & Seamus)

***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:
Don’t Let Infrastructure Kill Your Profit! Ampflo (David Flack)

Think You Know What Your Subdivision Will Cost?

You’ve allowed for the land, consultant’s fees, council fees and construction.

But what about the cost of getting electricity, streetlighting and telecommunications to the development?

This is where some developers get caught out.

Because the costs from one project to the same type of job down the road can be very different.

And if you discover them too late, project feasibility can quickly change.

Unexpected infrastructure costs, delays, Additional design work. And potentially thousands of dollars in wasted time and expenditure

For mum and dad developers, these aren’t just technical issues… they can have a direct impact on the profitability of your project.

Here’s the truth:

No two subdivisions are the same

What worked on your last project may not work on your next one.

And assuming the electrical and telecommunications requirements will be similar could be an expensive mistake. That’s why you need to hear from David Flack from Ampflo.

In this session, you’ll discover:
• When you should engage an electrical and telecommunications consultant
• What information you need to have ready before engaging a consultant
• The key questions you should be asking your consultant
• What to look out for when planning your subdivision
• The common pitfalls that can increase costs and delay your project
• Why no two subdivisions are the same when it comes to infrastructure requirements

And most importantly…

How getting the right advice early, ideally before you commit to the property, could help you identify hidden costs, avoid expensive surprises and protect the feasibility of your development.

Don’t miss this session!

It could change the way you assess your next subdivision before you buy the site.

INTRODUCING THE REAL DEAL:
𝟣 𝘪𝘯𝘵𝘰 𝟥 𝘭𝘰𝘵 𝘚𝘶𝘣𝘥𝘪𝘷𝘪𝘴𝘪𝘰𝘯 𝘙𝘰𝘰𝘮𝘪𝘯𝘨 𝘏𝘰𝘶𝘴𝘦 (𝘑𝘰𝘯 𝘛𝘺𝘴𝘰𝘯 & 𝘚𝘦𝘢𝘮𝘶𝘴 𝘒𝘪𝘯𝘨)
𝟣𝟤𝟢𝟢𝘮𝟤, 𝘓𝘋𝘙, 𝘉𝘳𝘢𝘤𝘬𝘦𝘯 𝘙𝘪𝘥𝘨𝘦, 𝘘𝘶𝘦𝘦𝘯𝘴𝘭𝘢𝘯𝘥

You’ve found the site. The numbers stack up. You can already see the finished development.

One property becoming three.

Three new rooming houses.

Sounds straightforward, right?

Then the reality of development kicks in.

Sewer connections. Construction decisions. Unexpected issues.

And suddenly, the deal you thought was simple starts becoming a lot more complicated.

Here’s what many mum and dad developers don’t realise:

The deal rarely goes exactly to plan.

The developers who succeed aren’t necessarily the ones who avoid every problem.

They’re the ones who can spot opportunities, adapt and keep the numbers working when things change.

That’s exactly what 𝗝𝗼𝗻 𝗧𝘆𝘀𝗼𝗻 and 𝗦𝗲𝗮𝗺𝘂𝘀 𝗞𝗶𝗻𝗴 faced with their 𝟭 𝗶𝗻𝘁𝗼 𝟯 𝘀𝘂𝗯𝗱𝗶𝘃𝗶𝘀𝗶𝗼𝗻 and construction of three rooming houses.

They used a creative acquisition strategy with delayed settlement, giving them greater flexibility from the outset.

They sold the existing house and shed, helping reshape the project and its feasibility.

But it wasn’t all smooth sailing.

A sewer connection issue meant their original solution had to be reworked, creating another challenge they needed to solve.

So what happened next?

They adapted.

At our next Property Developer Network Meetup, 𝗝𝗼𝗻 and 𝗦𝗲𝗮𝗺𝘂𝘀 will take you behind the scenes of this Real Deal and share:
• How they structured the acquisition with delayed settlement
• How selling the existing improvements helped the numbers
• The construction decisions they made along the way
• How they managed subdivision costs
• What went wrong with the sewer connection
• How they adapted when their original plans changed
• And the key lessons they learned throughout the project

Because development isn’t about having a perfect plan.

It’s about knowing what to do when the plan changes.

And that’s where some of the most valuable development lessons are often found.

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

See you all soon!