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This stage involves extenstive research for raw sites that can be adapted for a number of different development strategies
When a site has been identified and meets the initial criteria we go through a thorough due diligence process which includes a detailed financial feasibility which is reviewed and ratified by our finance team.
Project funding can be split into two areas. Senior debt from a bank or non bank lender typically covers 70% of the finance required, and an equity component to cover the remaining 30% of required funding.
On the basis that the detailed due diligence and the financial feasibility show a healthy development profit we proceed to secure the site
Once the property has been secured our Architects get to work on producing the initial design for the project. This will go through multiple iterations before the final version is produced.
The Architects work closely with the Town Planner, Engineers and a range of specialist consultants to formalise the full set of plans and specifications required for the lodgement of the Development Application
Once the Development Application has been approved by Council we move into the Construction phase. Typically this will include demolition of any existing dwellings to provide a clean site for the builder.
The Sales and Marketing of the project can be subject to several different approaches. Regardless of the approach Aveline's goal is to secure the highest sale prices possible and to achieve that we partner with Sales & Marketing Agents with proven track records.
Our Trusted Partner Network comprises Architects, Consultants, Builders, Finance Brokers and more. These relationships are critical to the success of Aveline Property and in many ways are the extended team. Aveline rely on these trusted partners for their expertise, knowledge and guidance.