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CONSULTANCY/
SITE ACQUISITION
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In addition to our Research Department, Asset Special Projects are also
specialists in the acquisition and negotiation of development sites
on behalf of purchasers. The Directors of the Company have been
responsible for some of the most prestigious and significant land acquisition
deals relating to the medium density residential market in the most
recent development cycle.
Examples of these
acquisitions are listed below which reinforces the understanding of
the market at all levels by Asset Special Projects.
Development Site
Sales
| Property |
Land
Price |
Units |
| 2
Bellevue Terrace, Perth |
$8.0
million |
5 |
| 4
Bellevue Terrace, Perth |
$5.2
million |
9 |
| Bluewater
Development, South Perth |
$3.5
million |
50 |
| 35
& 39 Labouchere Rd, South Perth |
$3.825
million |
44 |
| 16
Kings Park Road, West Perth |
$3.03
million |
32 |
| 41-43
Mount Street, West Perth |
$2.0
million |
13 |
| 138
Mounts Bay Rd, Perth |
$2.0
million |
33 |
| 47
Malcolm Street, Perth |
$1.77
million |
16 |
| 2
Colin Street, West Perth |
$1.25
million |
24 |
| 2
Outram Street, West Perth |
$1.25
million |
24 |
| 990
Wellington Street, West Perth |
$730,000 |
32 |
| 8
Bay Road, Claremont |
$3.7
million |
24 |
When considering
the acquisition of sites, Asset Special Projects have a full understanding
of the market which incorporates all of the following key elements:
- Land prices (values).
- Building costs,
trends and movements.
- Requirements
of Council relating to development requirements as well as timing.
- A full understanding
of the current economic environment.
- An understanding
of finance and its application to the medium density residential market
in Perth.
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