In this podcast episode, Bernadette discusses the importance of having a trusted town planner on your team when engaging in property development. Our special guest, Leanne Peterson, highlights the value of finding a town planner who is experienced in property investing and shares insights into the due diligence process.
Leanne emphasizes the need for a creative town planner who can uncover unique opportunities and navigate the complexities of zoning, overlays, and development regulations. She also emphasizes the significance of engaging a town planner early in the process to avoid costly mistakes and ensure successful outcomes.
Leanne highlights the property development opportunities in the Hunter Valley and the potential for dual occupancy and infill development in various areas.
Overall, the episode underscores the essential role of a town planner in maximizing the potential of property investments.
Tune in to learn more about the ins and outs of successful joint ventures in property renovation.
Watch the Episode on Video:
EPISODE HIGHLIGHTS:
- 00:00 – Introduction
- 01:16 – The role of a town planner in the due diligence process.
- 03:10 – Factors to consider in a micro development, such as zoning, lot size, overlays, and topography.
- 06:01 – Importance of driveway width and access in a development.
- 08:14 – Importance of having a preda meeting with the planner before signing a contract.
- 13:18 – Opportunities in the Hunter Valley region for property deals and growth.
- 14:34 – Approval process for dual living under state government laws
- 16:47 – Benefits of getting strata approval upfront
- 18:22 – Joint ventures and the value of having a town planner on your team
- 21:32 – Leanne’s reasons for joining the School of Renovating and seeking like-minded individuals
"I think it's really important to find people on your team that are doing what you are doing or that are doing what you want to do, cause there’s a lot of the town planners out there, yes, there might have been to UNI, but they've never done a development of their own or they may not have that passion about property investing that you have. so I think it's really important to ask those questions and find those right people around you ”
Leanne Petersen
Resources
Leanne Petersen’s Website
https://www.3pps.com.au/
The School Of Renovating
https://www.theschoolofrenovating.com
She Renovates Podcast
https://www.theschoolofrenovating.com/podcasts-page/
Connect with The School of Renovating
ASK BERNADETTE https://www.theschoolofrenovating.com/podcasts-page
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