Peter Kelly Property

Why Most Development Sites Lose You Money


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Two blocks can look identical - but one makes money and the other bleeds it. The difference comes down to a handful of factors most people never check.

In this episode of Inside Property Development, I sit down with Gav from our site acquisition team to break down what actually makes a development site valuable and why so many sites that look promising end up destroying margins once you dig in.

You'll learn the specific site characteristics that save you money before construction even starts, how to match your development strategy to the right location and zoning, and the hidden contract traps and infrastructure signals that can swing a site's value by hundreds of thousands of dollars.

Whether you're assessing your first site or sharpening your eye for better deals, this episode will change how you evaluate every opportunity from here on.

🔥In this episode:

  • Site traits that reduce costs before you build
  • Why trees can hit you from both ends
  • Zoning versus location - what matters more
  • Matching your strategy to the right buyer
  • Single dwelling and brick covenants
  • Infrastructure plays that boost site value
  • The McKinnon school zone windfall

👇 Chapters

00:00 Intro

00:43 What characteristics make a site attractive to developers?

03:49 How much does location really matter versus zoning and land size?

08:10 What hidden factors can dramatically increase a site’s value?

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Peter Kelly PropertyBy Little Fish Property