1 into 3 Subdivision (Rebecca & Adam Tanton)
1870 m2, South Australia
Imagine buying a property in Rural South Australia, securing a great purchase price and seeing an opportunity to create a highly profitable development.
The plan? Buy well, get the project approved, bring together a quality team of tradies, complete the works and sell at the right time. Sounds straightforward, right?
But property development doesn’t always go exactly to plan!
What should have been a relatively straightforward process turned into a test of patience and resilience. Council delays, lost RFI submissions through SAPPA, unexpected approval hurdles and torrential rain during earthworks all added complications along the way.
And just when things couldn't get any more interesting, a fall through a veranda roof provided a rather unexpected reminder that development comes with risks you don't always see coming!
So, what went wrong? What went right? How did they navigate the setbacks, and what would they do differently next time?
At our next Property Developer Network Meetup, Rebecca & Adam Tanton will share their Real Deal, taking you behind the scenes of their Strathalbyn project, the decisions, challenges, unexpected setbacks and lessons learned along the way.
You'll discover:
•     Why buying well is one of the most important decisions you can make when setting up a development for success
•     How timing the market can make a significant difference to your final result
•     The importance of assembling a reliable team of quality trades
•     How council delays and lost RFI submissions through SAPPA can derail your project timeline
•     The unexpected challenges that can arise during earthworks and construction
•     Why having the right strategy and being prepared to adapt is critical when things don't go to plan
•     How they managed to sell at the peak of the market and break the previous Strathalbyn record for land price per square metre
Because successful property development isn't just about buying well and selling at the right time. It's about navigating the setbacks, making smart decisions and learning from the challenges along the way.