This week on the Development Ready podcast, we have Investment Sales Manager and Investment Sales Executive at JLL, Elliot O’Shea and Blake Goddard.

We speak to the guys about their Real Estate journey and discuss topics such as:

• Why the Brisbane market still offers great investment potential for investors
• Which pockets of Brisbane are set to hit a boom
• What developers should be considering
• When evaluating the viability of a development site and
• Why Adapting to a changing market is pivotal to a developers success

...plus much more

Remember as always to Like and Follow us on Facebook and Instagram to see who we have on next week’s episode.

Show notes

• 01:11 - Introduction
• 02:07 - Backgrounds, who they are
• 04:11 - JLL and their roles in the company
• 06:35 - Exposure to other elements of business
• 08:45 - Current market of development sites
• 11:11 - Foreign developers
• 12:56 - Settlement risk
• 14:18 - Commercial sales and investment markets
• 15:22 - Vendor expectations and how to manage them
• 19:06 - Holding onto assets for a more opportune time to develop
• 23:12 - Commercial investors turned developers because of market
• 24:59 - Sale trends in hot markets
• 27:41 - Value of commercial assets in Brisbane
• 29:19 - Outside investor interest in Brisbane
• 31:47 - Difficulties involved in transitioning across states
• 33:00 - Developing in one area
• 34:24 - Undervalued areas of Brisbane
• 36:01 - Evaluating areas to develop
• 38:18 - Important skills/attributes/roles of a good agent
• 42:46 - Agent perception transitioning to advisor
• 44:22 - Developer’s and investor’s expectations
• 48:05 - Best advice, life or business

Links

• JLL
• Blue Sky
• Aria Property Group