Table of Contents

About the author ix Acknowledgements xi Preface xiii 1 An overview of property development 1 2 Characteristics of a successful developer 23 3 The development process and participants 43 4 Development site selection 69 5 Negotiation and purchasing 95 6 Making the numbers work 113 7 Development economics 129 8 Utilising modern technology 153 9 Raising development finance 177 10 Raising equity finance 197 11 The development approval process 217 12 The construction process 235 13 Marketing and selling 251 14 Residential land development 271 15 Villas and townhouses 301 16 Apartment developments 325 Conclusion 349 Index 355

About the Author

RON FORLEE is an architect and developer with over 30years' experience in the property and construction industry. Ronhas worked on a diverse range of projects across Australia, Asiaand Africa, and is the author of An Intelligent Guide toAustralian Property Development and Australian ResidentialProperty Development.