The property development process requires extensive planning with attention to detail. To ensure a smooth process, the development project must be managed correctly in order to minimise potential risks and maximise profit. By selecting a competent project manager and utilising expert consultants, you can save money and minimise unwanted issues from arising throughout your property development process. For any one project, Shakra Group have the ability to coordinate specialised consultants including landscape architects, town planners, civil and hydraulics engineers and architects/building designers.
Below is a brief outline of the property development process
Before taking part in any project, you need to have a project vision. This can be as simple as to grow your property portfolio, or to purchase investment properties at a discounted price. We can work with you to enhance your vision and make it a reality.
01 / 12
FINDING A SITE
From finding the right site to finding the right location, is one of the most important stages of the property development process. The site location, as well as the council zoning, will determine the type and number of dwellings that can be constructed on the site.
02 / 12
An extensive study of the site is conducted in order to minimize risk. The study can include researching sales data, soil type testing, and/or determining whether the property is subjected to flooding. With thorough due diligence, it is more likely that no unfavorable issues will arise further down the track.
03 / 12
SCHEMATIC DESIGN & FEASIBILITY STUDY
Our consultant’s include a design team and town planners that are experts in their field and, most importantly, they can determine the viability of the project in the early stages of the property development process. Schematic drawings including floor plans and elevations can be made available to determine different design options. With this information, the preliminary feasibility study is prepared for consideration.
04 / 12
PURCHASING THE SITE
Shakra Group has been involved in many negotiations and transactions of real estate over the years. Our skills, knowledge, market data and support from leading real estate agents, will assist in negotiating and obtaining the best price possible for the site.
05 / 12
Development Approval (DA)
Our consultations with town planners have ensured extensive experience both in Australia and Globally. With their knowledge, they are able to determine and advise what documents are required in order to fast track the approval process.
06 / 12
BUILDING APPROVAL (BA)
Once development approval has been given, Shakra Group will work closely with the builders, engineers and building certifiers to prepare full documentation for the tendering selection.
07 / 12
Shakra Group has worked closely with numerous experienced panel of quality assured builders. We are able to manage the selection of the most suitable builder, to ensure the build at a fair price, to the right project, at the highest quality of workmanship.
08 / 12
Shakra Group can also assist in the sales/marketing and rental of the project. Working alongside competent real estate agents and project marketers who specialise in the area, Shakra Group can ensure that the service and price achieved for the property are the highest and best possible for the current market.
09 / 12
Over the construction process, Shakra Group will conduct regular site visits in order to oversee each and every construction stage to ensure that quality is achieved to its highest level. We will manage and maintain a close working relationship with the builder or site supervisor, to ensure that the project is completed on time and on budget and that every detail is upheld to the highest degree.
10 / 12
COMPLETION – SELL OR HOLD
Shakra Group will work with you on your investment strategy, and once your project is completed, we will manage the process along with our experienced real estate agents. We will either take your project to market and potential buyers; or if you are planning to hold your investment in order to gain rental income, Shakra Group works with managing agents and tenants to minimize vacancy and maximize rental yield.
11 / 12
Before a property development site is purchased, Shakra Group will work on behalf of our client and conduct an extensive Due Diligence Report with our experienced industry consultants. Shakra Group ensures all areas are covered and reviewed including, if any, restrictions that may affect the development of the site.
This is a key step in any property development process. A number of issues that we look into as part of the Due Diligence Report are >>
12 / 12
• Development site investigations
• Overland flow or flood issues
• Sewer or water services issues
• Geo-Tech reports
• Zoning confirmation
• Council restrictions
• Road widening plans or proposals
• Environmental protection issues
• Heritage and demolition control precincts
In conducting the Due Diligence Investigation before purchasing a property development site, Shakra Group will determine what can and cannot be built. Our Due Diligence Investigation ensures maximum site usage and, most importantly, maximum return for our clients, all whilst minimizing any errors that could cost clients financially.
12 / 12
Development Feasibility and Project Management
Shakra Group has the experience and capability to manage all stages of your property development process from concept to completion. Each stage of the development will be micro-managed by Shakra Group to ensure we reduce any risks or errors from occurring. We ensure more profit for your time and investment, creating your development throughout the development process.
Shakra Group Services begin with Development Feasibility Studies, through to our assistance on the best strategy to sell your properties to achieve maximum return, along with all other stages of the property development process.
Project Initiation Feasibility Studies
Shakra Group provides a service of initial consultation where we will discuss and understand what your property development plans and strategies are, and what you aim to achieve. We then work closely together with you from the initial stages of the property development process, starting with obtaining a project site, to the final stages of completion. We ensure that you are always involved in the decision-making process for each stage of your property development process.
Shakra Group works with their team of certified consultants to provide developers with valuable information; from feasibility studies to building costs, or town planning approvals.
Shakra Group has the ability to provide detailed site investigation services within a quick timeframe. Our team of experts is able to complete all necessary checks to determine any negative issues that may affect the development site. By allowing Shakra Group to do the research before purchasing or developing a site, you can be better equipped to potentially avoid any unwanted issues arising throughout the development process.
Site Investigations include:
- Flood investigations
- Sewer investigations
- Stormwater discharge and management plans
- Contact us if you need more information about our residential or development property investigation services.
Site Aquisitions and Negotiations
As a part of our project management services, Shakra Group is not only able to source your development sites, we will also negotiate the purchase on your behalf. Beyond the standard purchase agreement, we will consistently work together with our legal team to insert any necessary contractual clauses that will protect our clients, as well as minimise risks. With our extensive experience in negotiating property deals, Shakra Group will always do our best to gain the best deals for Brisbane property developers.
Planning and Development Approvals
Shakra Group always look at the best options for clients and ensure the best way to obtain fast and efficient building approvals that will in return reduce holding costs and allow construction to commence at the earliest date.
Builders / Construction Procurement
As experienced property developers Shakra Group are able to provide quality builder or builders quotes for clients. With strong working relationships we are able to ensure that our panel of builders are able to produce quality developments within the required time frame and agreed price.
Property Development Advisory
Shakra Group understands that completing property development projects without the relevant experience can be stressful and unknown issues can arise. Shakra Group is able to provide you with the option to utilise our full project management services or to work with our property development advisory team where we can guide you through the development project. A fixed fee is charged for this type of service.
Shakra Group understands that each development project is different and unique. We understand all sites have special characteristics that can limit maximum functionality, ranging from setbacks to height restrictions. With our experience over the years it has shown that with better property development planning, these boundaries can be challenged to provide a smarter and better design and construction. Our property development service is able to assist clients with their development planning and guide them through the property development approval process.
Over the construction process, Shakra Group will conduct regular site visits in order to oversee each and every construction stage to ensure that quality is achieved to its highest level. We will manage and maintain a close working relationship with the builder or site supervisor to ensure that the project is completed on time and on budget and that every detail is upheld to the highest degree.
The construction management approach enables clients, project managers, consultants and the construction manager to work as a team in an arrangement of mutual trust which combines professional and technical skills towards a common objective for the best interests of the client.
The construction management approach allows for change at any stage during the project with minimum cost penalties. The purpose of this approach is to achieve client objectives of time, cost and quality.
Shakra Group has successfully undertaken a large number of projects applying this construction methodology offering a range of project delivery methods depending on the client and project requirements.
These may include fixed lump sum, cost plus or a construction management agreement.
We have a reputation for exceeding our client’s expectations throughout the delivery of a project.
Our Architectural consultancy team have over 50 years in the industry. Our consultants have achieved many design awards and have been celebrated by architecture critics and fellow practitioners alike, as contributing significance for Australia’s architectural history.
We work with our clients and consultants to create inherently valuable and enduring designs that transcend regional trends and fashions, and achieve programmatic requirements, budget, and time frame of our projects. Our pursuit is to create contemporary architecture of the highest quality that is aesthetically pleasing, contextually appropriate, and fully and appropriately resolved.
Projects located both Internationally and in Australia, have corporate, government and private clients for designs of public buildings, academic buildings, laboratories, hotels, offices, residential towers, residences and mixed-use developments including recreational, recycling, conservation projects and master planning/ urban design at a major scale.
In this age of digital technology, the art of architecture is realized through the collaboration of many and various specialists. Under the considered eye of the Architect, we ensure the desired outcome of formal compositions that realise the modulation of space and light within a modernist genre. The search for clarity of a strong idea, informs our work, and our approach to the urban condition, which is supported by a multinational team of consultants that brings a wide range of view and experience to the design process.
Schematic Design Analysis
Are you looking at purchasing a development site but unsure of what can be built? Shakra Group has the team to provide you with a Schematic Design Analysis where you can explore the design considerations as well as confirm the projects’ viability before commencing with an investment. Involving our team of experienced consultants, architects or building designers, they will thoroughly inspect your site and provide rough schematic sketches of potential design options.
Our team of consultants have worked on:
- Town Centres
- Residential Communities
- Resorts and Hotels
- Commercial Centre and Buildings
- Mixed Use Developments
- University Campuses and Housing
- Government Centres
- Golf Courses
- Government Embassy’s and buildings
- Hong Kong Shanghai Banks
- Residential Developments and Apartment Complexes along with Houses of significant stature.