OFF THE FEASIBILITY®
BUILD & DEVELOP YOUR OWN APARTMENT
GENERATE 12% BRICKS AND MORTAR EQUITY
Our directors are legal professionals who started work on building sites from a young age.
Since then, they've managed residential builders, developers, building contracts and subcontracts.
They have over 100 years of combined industry experience with first-hand knowledge of the property cycles since the early 1970's.
Their passion is residential property development through BuilDevelop and its unique Off the Feasibility® concept of property development.
Off the Feasibility®
What you pay & earn
The costs and equity generated vary with the size and value of an apartment
Compare acquiring a new $1M strata apartment
(*assume 18 month completion, 80% LVR, nil capital gain or decline by completion, NSW transfer duty applies)
Off the Feasibility®
Off the Plan
You make money - $120,000 in bricks and mortar equity
The cash cost is less - $80,000
on completion having initially
You make nothing - $nil
The cash cost is more - $240,490 on completion
You pay less - save $160,490
Your return is superior - plus 25% IRR
You pay more - an additional $160,490
Your return is inferior - minus 20% IRR
Interested in building and developing
Off the Feasibility® ?
Don't let your equity in an off the plan property investment be used as a pre-sale to underwrite a developer or as your speculative play on rising markets. Instead, use your equity to underwrite yourself, with others doing the same, by building and developing your own apartment(s) in a project.
We analyse and disclose by project (macro) and apartment by apartment (micro) the property development cost, value, time and contingencies, obtain and satisfy non-recourse finance# and monitor performance of the process.
#includes valuation & quantity surveyors report
Off the Feasibility ® provides a process to convert purchasers of off the plan property investments, first home buyers, landowners with development potential/approval and contractors into micro developers of their own apartment(s).
Each owner contributes their part of the development site to complete the macro project. Success of the development is not dependant on pre-sales, the owners already own the completed strata apartments which they hold separately to the exclusion of the others.
Through our documentation the project is 100% pre-held by each of the owners. They individually micro develop each apartment accounting for its costs and tax obligations based on the owners circumstances.
Compare the Advantages
of building and developing Off the Feasibility®
OFF THE PLAN INVESTORS
Don't pay $1,040,490 for a new $1M apartment*
Pay $880,000 instead. Save $160,490. Make $120,000 in bricks and mortar equity. Acquire the apartment for $80,000 cash on completion having invested $280,000 on commencement*
BANK OF MUM AND DAD
Don't wait years for capital gain to be repaid
Your child could repay you $200,000 in 18 months having built and developed a new $1M apartment generating $120,000 in bricks and mortar equity*
Don't just work on a builder's site
Work on a project where you are building and developing an apartment for yourself
Don't spend or under invest your option fees
Invest the option fee with us and share in the uplift value of your property and also acquire one or more new apartments in addition to the purchase price of your property
Don't risk equity by selling off the plan
Retain more apartments for the same cash outlay without being exposed to settlement risk off the plan