Property Development & Project Management Service
What We Do
Property Due Diligence, Consultants, Planning & DA Approval Process
Negotiate and manage the acquisition process of the asset. Navigate the planning approval process with our team of well
versed and experienced consultants, architects and town planners to determine the best and highest use for the asset.
We will then submit the DA application on your behalf and monitor the approval process, which includes obtaining the
Construction Certificate.
Obtain Loan at Acquisition Stage & Construction Funding
We will seek to obtain funding from our network of private capital funders or bank funders to see this project to completion.
Under the current proposed structure, yourself or your nominated party would be the director of the borrowing entity to take
on this development loan.
Builder Relations & Construction Management
Execute the tender process with builders and determine which building company is best fit for the construction of the project.
We have a panel of preferred builders already, however we would run a tender process to ensure we are getting fair industry
rates and quality.
Managing the Sales & Marketing Process
Interview and select the best sales, marketing and branding team to complete the sales of the end product. In most cases we
will choose a local agent, but we may also recommend out of area marketing groups that specialise in off-the-plan sales.
Quarterly Reporting & Financials
PM42 Pty Ltd will provide quarterly reporting on the progress of the project.
Money management/Development control will be in your hands to oversee and administrate upon. You will be responsible
for approving some of the project related decisions and when this is required we will make this process as smooth as possible
for you to action.
Unique Profit-Split Structure
Like yourself, the ultimate goal is to see a successful project come to fruition. So instead of charging a hefty upfront
“development management fee” to manage the project, a JV-equity split arrangement is what we propose, with a smaller
management fee for the subsequent years till completion of the project. This will ensure all parties are motivated to
see the project through to completion and for the project to be delivered in a profitable and timely manner.
Profit Structure
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We will take a 25% equity net profit split in the project
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You (the equity partner/investor) will take 75% equity net profit split of the project (after recouping your capital)
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We will be paid a Project Management Fee of $25,000 (per annum) + 0.65% after each million of total cost. Maximum term of 3 years.