iSeekDevelopments is a new website that allows users to search any address in Victoria – and soon Australia – to obtain a report that will summarise the land size and dimensions, easement location and local planning restrictions they need to be aware of when building or developing real estate.
Included in the automated Feasibility Report is a calculator that allows you to work out the potential profit of buying, building and selling the property. This is the first time that this crucial combination of information has been available through one singular channel, and is set to streamline the investment property industry.
The founding team has also interviewed and surveyed professionals throughout Victoria to determine the expert conveyancer, builder, mortgage broker, architect/draftsperson and real estate agent in each Council area, to provide a specialized recommended team to users, for their specific area. The reports generated by iSeekDevelopments will then provide users with the contact details of experts who are specifically experienced with residential property developments in their specific location. They then have the choice if they would like these Experts to further assess the site for its viability to further develop.
iSeekDevelopments has been created by a real estate agent, a property developer and a tradesperson, with the aim of simplifying the property development process.
The idea for the site came after witnessing the real life frustrations that new property developers were experiencing over and over again.
“If someone doesn’t fully understand the details of property development, it can cost them thousands or millions of dollars, years of their lives, and potentially cause enormous emotional strain – all because they didn’t understand the project properly before commencing. My wife and myself went through a fairly painful learning experience with our first investment property. Finding the property, someone to do the plans, a builder, financing issues – I thought, ‘there has to be a simpler way to get through this process’. There isn’t, so we put together this website, and we created one!” said Luke Tadich, founder of iSeekDevelopments.
“Most Aussies really want to get ahead, to find a way to be financially secure in their future. People buy lottery tickets, shares, invest in businesses, and often have a go at property development. The problem is, if you make some mistakes, it can end up causing enormous financial strain. iSeekDevelopments is a tool to help Australians to make property investment decisions with confidence,” Luke added.
- iSeekDevelopments will be launching in Victoria by early June, and throughout Australia by late 2016.
- Reports will cost $89.95. Please see the attached sample report.
