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Bring your development to LIFE

Consulting Services

Life Property Group offers consulting services to help you realise significant cost savings on your project. Using value engineering, we have successfully saved our clients millions of dollars on commercial, industrial, residential and retail developments of all sizes. With extensive experience in design and build contracting, property development and valuation, we have a unique focus on design economics, finding the best possible cost-saving solutions. Our analysis can be undertaken during various stages of a project, including concept design, completion of design development and approved drawings prior to obtaining the construction certificate.


After an initial free consultation with one of our property experts, Life Property Group will provide you with a comprehensive development overview report; highlighting how and where we can save you money. If you wish to proceed and engage with our services, we offer flexible payment options including a fixed fee, a percentage of cost savings achieved, or a combination of both. 


DUE DILIGENCE

Thoroughly investigating and substantiating all information and issues with the aim of becoming comprehensively informed to make a decision and minimise risk.



LAND VALUATIONS AND FEASIBILITIES

An analysis and evaluation of a proposed project to determine if it (i.) is technically feasible, (ii.) is feasible within the estimated cost, and (iii.) will be profitable. Feasibilities also determine the residual land value of the site.




ASSET ACQUISITION AND MANAGEMENT

Includes the planning, acquisition, operation, maintenance and eventual disposal.




Development Application Consultation

Includes selection of expert consultants and the co-ordination of consultants to ensure that the development application provides the best development outcome for the client from its conception to ensure success of approval.



Development Finance Consultancy

Structuring and sourcing finance to maximise the required return, be it total profit or return on equity.




Project Management / Contract Administration

The administration of contracts to sub-contractors and general management and co-ordination of works on-site, or the management of the Principal Contractor as Superintendent to ensure works are undertaken in accordance with the contract.




Refurbishments and Stratification

Management of the refurbishment of older buildings and the conversion to strata to allow for individual sales. This may include a change of use from commercial to residential for example.




JV (Joint Venture)

Investment Opportunity

The opportunity to invest as a joint venture investment partner in property investments and developments.





JV (Joint Venture) Consultancy

The ability to offer consultancy services to set-up Joint Venture structures and independently manage the developments from concept to completion.





Project Marketing

To market the stock (residential, industrial, retail and commercial) to secure pre-sales and/or pre-leases prior to a development being built or during the duration of construction. This is generally required to obtain finance and is usually a crucial element in the success of the project.

Development Management

Incorporates all aspects of the Property Development process and can include everything from Feasibility, Site acquisition, Development Approval, Presales, Construction tender/Builder appointment, Project management to handing keys to the occupiers.

Planning Proposals 

A planning proposal is a document that requests permission to amend the Local Environmental Plan. A planning proposal may be a request to alter land uses through rezoning and/or amend the development standards, such as height of building, floor space ratio, heritage, additional permitted uses or other clauses.

Challenges and Solutions

Here are some possible challenges Life Property Group can address in the commercial/industrial, mixed use and residential space, and the ways in which our team has approached and solved these situations.

INDUSTRIAL/COMMERCIAL

  • Have un-utilised land on your property?

    Our client had a building with two small shops at the front and un-utilised land in the back, and we were able to utilise an existing laneway with rear access to develop the rear land with a car park and 15 offices. 

  • Have development ideas but don’t have a location?

    Our client wanted to create a multi-unit industrial development and we not only located suitable lands but also project managed the entire process from site acquisition to development consent, construction and sales/Leasing.

  • Looking to expand your current industrial building but don’t have the expertise and time to do it while still operating?

    We helped our client by managing the entire process for them, with minimal interruption to their daily business routine. 

  • Unsure whether to refurbish or demolish and reconstruct?

    Our client had an aged single level industrial building and we sought quotes for both scenarios, discussing the potential ramifications upon their business of demolition and reconstruction. The client decided to purchase an alternate property. 

  • Is your property suitable for expansion?

    Our client had a child care facility and we were able to achieve an increased number of children, both within the existing facility and by acquisition of an adjoining property.

  • Unsure of the economics of renovating your property prior to sale?

    Our client needed to understand the economics of renovating an existing commercial building prior to sale. 


    After sourcing and assessing various quotes for the works required, and the application process and approval required for the works to be undertaken, and the likely price that could be achieved, we advised that the building should be offered for sale with a very minimum of decoration simply for purposes of presentation to the market.

  • Own apartments and unsure whether to demolish and rebuild?

    We helped our client by undertaking a broad analysis of their property to determine the likely benefit of such an undertaking, or perhaps a development with less than the maximum allowable to reduce the risk, and the possibilities of a joint venture.

  • Unsure whether to acquire an adjoining building to expand your facility or to build a new facility on a new vacant site?

    Unsure whether to acquire an adjoining building to expand your facility or to build a new facility on a new vacant site?

  • Does your strata building need refurbishments to convert into a residential development?

    We’re in continual discussions as some of the many issues that need to be resolved are issues that some owners are current occupiers, some are absentee owners, but without currently vacant property, and some have long term lessees in place.

RESIDENTIAL/other

  • Do you have a residential property and unsure of further development potential?

    Our client had a house with a large allotment which was insufficient in size to create a subdivision. 


    We were able to provide a solution which not only allowed the subdivision, but also retained the value of the existing improvements on one of the lots.

  • Do you need to expand your home to accomodate a growing family or utilise the extra space on your land on a budget?

    We were able to help our client by demonstrating how they could achieve the outcome they wanted, with two additional bonuses of complete privacy for both families, and a future income stream - all without the need for Council consent. 

  • Unsure what else your residential property could be used for?

    We helped our client by demonstrating two entirely different solutions that provided a medium density housing outcome and a commercial/high income business opportunity.

  • Interested in selling and unsure whether you're maximising your potential?

    Our client knew that if his neighbour was interesting in selling, both properties could be combines to create a viable development site for apartments. 


    We spoke to the adjoining owner and assisted them to understand the uplift in value if that were to occur, and hence assisting both parties to attract the right buyer for the properties.

  • Unsure of the development potential your property has?

    We were able to advise our client that their property had a height limit of 24m (7 storeys), but successfully argued that, due to its location, an additional 2 storeys were justifiable.

  • Unable to redevelop due to Local Environment Plans (LEP)?

    Our client owned a very large parcel of land in a high profile location, but the LEP did not allow redevelopment. 


    During the making of a new LEP we made representations to Council and the Department of Planning and were able to negotiate suitable amendments of the proposed LEP, and subsequently secured development consent for 125 apartments. 

Useful links

local council and legislations

NORTHERN BEACHES

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NEWCASTLE

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CENTRAL COAST

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LAKE MACQUARIE

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