WHAT TO LOOK FOR TO ENSURE A SMOOTH, STRESS-FREE LAND SUBDIVISION
Whether you purchased a vacant block with the sole aim to subdivide or want to redevelop your family property, subdividing land is an exciting process with high profit potential. But it can also be costly and complex.
In Perth, every subdivision is different. There is no one-size-fits-all playbook for property development, which is why you need to go into the project fully prepared.
And as the saying goes, time is money. Subdivisions can – and do – go wrong due to poor preparation or a lack of experience. So it always pays to engage a Perth subdivision expert to manage the project, so you can focus on the future instead of getting bogged down with property regulations, tradespeople, timelines, and site works.
Here is how to find and engage a trusted subdivision expert in Perth.
IN BRIEF: FIVE QUALITIES TO LOOK FOR IN A PERTH SUBDIVISION EXPERT
- Technical and legal competence
- Friendly, approachable team
- High level of professionalism
- Willing to listen and adapt to your requirements
- Stays focused on the big picture while managing the details
ARE THEY WESTERN AUSTRALIAN SUBDIVISION EXPERTS?
It might seem like a simple question, but we can’t overstate the importance of working with a local team. Subdividing land in Perth is an entirely different process to Sydney, Melbourne and Singapore, so you should look for a project manager with proven experience in Perth and regional WA.
There are several reasons why:
- WA zoning and development requirements are different to other states
- Network of reliable, competitively priced tradespeople
- Experience navigating bureaucratic red tape
- Land surveyors licenced in WA by the LSLB (Landgate)
- Efficient when it comes to Title searches and local Council requirements
- Accurate, thorough cost evaluations
- Local market insight
Plus, having your project management team in your time zone means you can pick up the phone and know you will get the support you need right away.
THEIR PROPERTY PORTFOLIO
When you sit down with potential subdivision project managers, ask to see examples of their work. Because every subdivision project is different from the last, you are looking for signs the company can adapt to your requirements.
For example, there are three main types of subdivision in Perth:
- Green title or freehold subdivision, which is land with no shared services or common areas
- Survey strata, which subdivides land into individual parcels, usually with shared services or spaces
- Built strata, which refers to subdivisions where the buildings themselves form the title boundaries (for example, multi-level buildings)
Your project manager should confidently advise which type of subdivision is best for you and have the experience to carry out the project.
WHAT DOES THE CONTRACT COVER? WHAT ISN’T INCLUDED?
Land subdivisions have many moving parts. From market analysis to land surveys, local government regulations, contractors, utility infrastructure and environmental management, there are a lot of ‘balls in the air’ at any one time.
Before you lock in a subdivision project manager, ensure you understand the agreement in its entirety. First, read the fine print, then test your knowledge by answering these questions:
- What’s in and what’s out?
Your project manager may offer a range of complementary services that help you navigate the subdivision more smoothly…
- What are your responsibilities at each stage of the project?
….However, if they only offer project management for the build phase, you need to know your role.
- What can be expected when the subdivision reaches key milestones?
Setting a clear timeline, and agreeing on communication methods, is an excellent way to maintain trust and two-way communication during the subdivision.
- What is the dispute resolution process if things go wrong?
You hope everything goes smoothly during the subdivision. But if, for example, a contractor doesn’t fulfil their obligations, it’s good to know what you can expect in terms of rectification or issue resolution.
SERVICES BEYOND THE SUBDIVISION
Many subdivision managers in Perth claim to be experts, but in reality, they outsource the work to subcontractors. Engaging a licenced land surveyor to manage your land subdivision means you benefit from their expertise – but not all land surveyors are project managers with complementary services.
Here at Multiply Property Group, we have a team of licensed commercial and residential surveyors, project managers, real estate agents, property managers and administrative support. That means we can tailor our services to you and manage even the most complex subdivisions confidently.
We offer competitively priced integrated services for stress-free (and profitable) property developments with expertise spanning the spectrum.
SUBDIVISION PROJECT MANAGEMENT COSTS
Understanding your unique requirements is the first step to a smooth, profitable land subdivision. Those requirements determine your subdivision project costs.
You don’t want any nasty surprises to arise that eat away at your potential profits. Working with a thorough, multi-skilled team means your project is assessed from every angle, so there are no hidden costs.
HOW MUCH SHOULD I PAY FOR PROJECT MANAGEMENT?
There is no “fixed fee” for subdivision project management. Any project management costs will be included in your total project fees when you work with a Perth subdivision expert. The advantage of working with an integrated team means your project runs more efficiently, saving cost and time.
For example, having licensed land surveyors working alongside real estate agents and project managers means we can provide a comprehensive, accurate cost estimate without delays. Our team collaborates to set out all the likely costs and project the profits, giving you the complete picture.
WHERE TO FIND PERTH’S SUBDIVISION EXPERTS
This one is easy – you’ve already found us! Here at Multiply Property group, we have over 15 years of experience managing our clients’ property developments. In that time, we picked up many tips and tools to help our clients achieve stress-free, profitable subdivisions.
Multiply Property Group is the comprehensive subdivision expert with a full-service team and a long list of happy clients. We tailor our services to your needs, always focusing on maximising profit potential and minimising stress for an enjoyable (and potentially life-changing) property development.
Get in touch to take the first step on your property journey with an initial consultation.