assess if the investment is economically feasible.
Land Development Process
Any type of investment must be able to generate consistent cash flow. Land development is the best investment opportunity. Land is a scarce resource that makes it very valuable today. If you purchase a piece of land in an area that’s headed toward development, your land’s worth can exponentially increase than your purchase price.
When entering this business, investors must do their research thoroughly. It’s critical to educate yourself on the market you plan to invest in, and understand when to buy and look at the growth in the surrounding area.
When buying a piece of land, there are a few things you should look into first, including the features of the land and factors that could limit the potential for development. Here is a list of things you should consider when purchasing land.
Identify natural and man-made features (wetlands, steep slopes floodplains, historic structures, etc.).
Obtain title report to know existing easements, restrictions, and covenants
Learn about the permissible uses of the site
Find out the regulations applicable to your proposed use
Obtain zoning approval
Understand if the site serves utilities such as water and sewer
Level 2/6 Clayton Street, Newmarket, Auckland 1023new market auckland 1023new zealand
+64 21 118 3610
About new market
New Market may refer to:
Neighborhoods in new market, auckland
Aesop, Anerley, Archie Brothers Cirque Electriq Newmarket, Archie's Restaurant & Pizzeria, Auckland Newmarket Motel, Auckland War Memorial Museum, Ben & Jerry’s, Best Western Newmarket Inn & Suites, Brooklyn, Burger Burger Newmarket, David Jones - Newmarket, Devonport, Domain Terraces, Doolan Brothers Newmarket, Eat Indian
Things to do in new market, auckland
Our Newest Profiles