Property development provides the perfect vehicle for delivering maximum return higher-than-average returns with minimal risk.
There are two main ways you can work with us. One is to invest financially on a project we have initiated and the other is to partner with us by providing the property as equity.
The co-development program is like a partnership between the property owner and the developer.
If you want to invest in one of our projects, contact us to set up a time to discuss. You can phone us on (07) 3607 7603 to set up a time. However, if you’re interested in working with us on a property you own (or want to purchase), please have a look through the below information.
Our Co-developer Program
Adpen’s co-development program is like a partnership between the property owner and the developer.
Under Adpen’s co-development program we work in partnership with the land owner, the builder, marketers and financiers to deliver a successful development project.
You, the property owner, contribute the property as equity to the development and we provide you with the support and direction you need as a landowner to successfully develop that property for maximum return with minimum risk.
To clarify, we are responsible for the following tasks to successfully develop the property:
Engage architects, engineers, quantity surveyors, building surveyors, and other professionals to assist in the design, documentation and delivery of the development
Engage sales agents and do all things necessary to successfully market the development to potential buyers
Engage the builder and other construction professionals and oversee the development’s construction
Complete lending and other financial arrangements
Pay builders, professional consultants, marketing costs and management fees
Complete the settlement of sold development units
The Development Process
With Adpen, each step in the development process is carried out expertly and with the maximum professionalism, to add significant value to the land and ultimately ensure the financial success of any redevelopment.
Possibly the most important step in the entire development process. We determine the Highest & Best Use: the most viable & profitable development proposal or alternative use for the property.
Architectural plans are drawn up, while other key professionals are engaged. This may include a town planner, traffic engineer, hydrologist, soil engineer, building surveyor and structural engineers among others.
Sales & Marketing
The sales and marketing process is commonly directed towards off-the-plan and pre-sale commitments. This stage is most successful when steps 1 & 2 have been well thought through and properly executed.
Finance approval can mean the difference between a project being stopped in its tracks or going ahead. The financing stage will only be successful if the preceding steps have ensured the viability of the development proposal. The successful completion of this step sets the stage for the construction and finalisation of the development process.
Of course, no development project would be complete without quality construction. We appoint the builder, oversee the completion of final construction drawings, settle the legals of the construction contract, oversee the completion of engineering including structural, hydraulic, and electrical and appoint of other key professionals.
Completion & Settlement
As construction draws to completion other important steps include: issuing new titles, issuing the Certificate of Practical Completion, issuing the notice and resolution of defects and the settlement of sales in the completed project.