A new site, PermitReady.com.au has been launched, dedicated to selling and searching for development sites. The site already features more than 1000 permit-approved and permit potential sites across Australia.
Less than two years old, the business launched in March 2015 with the goal to connect property developers and investors to development sites across Australia. In the nine months from January to September 2016, PermitReady.com.au has featured over 1000 individual listings in Victoria, New South Wales, ACT and Queensland, from more than 400 individual real estate agencies. The Melbourne-based company is expanding in early 2017 with its first office in Sydney after recognising the increasing demand for the site coming from New South Wales.
Managing Director Nick Materia who co-owns the business with Will Pickering, said the company has achieved ongoing revenue growth on a month-to-month basis.
“We run the business lean and then we re-invest those profits back into the business,’ he said.
“We’ve identified a number of significant growth opportunities and the company is actively pursuing these,” he said.
Mr Materia, who has a construction management background, said the idea for Permit Ready sprung while he was seeking and selling a permit-approved development site. He became frustrated with having to browse through countless numbers of properties on traditional portals in an attempt to identify permit-approved or potential development site opportunities.
“I simply wanted to cut down on the time and complexity of finding a prospective development site,” he said.
From there, Permit Ready was born – a dedicated platform for developers and investors searching for their next project.
“Permit Ready actively targets the property developer and investor market segments. Our objective is to make Permit Ready the ‘go-to’ website for selling and searching for property development sites.”