Get the habit of analysis. Analysis will, in time, enable synthesis to become your habit of mind. – Frank Lloyd Wright (1867-1959)
Property Advisory Services in NSW
We utilise our extensive property experience and professional consultant panel to identify and achieve the best project outcomes. We do this by carefully listening to our client’s needs and devising a dynamic program for the realisation of project targets.
Typical Services Include:
- Initial review of key development planning controls and constraints.
- ‘Highest and Best Use’ assessment of the development potential of a site or refurbishment property.
- Review market supply and demand factors, sales and leasing evidence and identify the risks, threats and opportunities to determine project feasibility.
- Manage pre-purchase technical due diligence including planning controls, legal issues, site dynamics, buildability, heritage, environmental and land contamination and BCA reviews.
- Analysis of reduction strategies to increase property value by reducing energy, water and waste removal, including outgoing costs and reaching long term sustainability goals.
Advisory
Site Area: 3,096 ha
Category: Light Industrial, warehousing and food processing, childcare, veterinary clinic, vafé, restaurant, neighbourhood shop, gym.
Investor: Private Investor
Proposed Mixed Use Industrial Development, Lisarow NSW
Palladium Property conducted a detailed property development assessment to understand the key property market drivers and competing supply in the Central Coast region. The assessment and investigation report included economic factors, local dynamics and trends, preliminary demographic review and trends, drive time boundary maps and catchment areas, review of existing and proposed infrastructure, preliminary planning review, competing supply, current and future demands, indicative sales and rental rate assessments.
Advisory
Site Area: 8,043 m2
Category: Indoor sports centre, gym, aquatic centre and associated retail spaces.
Investor: Private Investor
Sports and Aquatic Centre, Gregory Hills
Palladium Property was appointed to conduct a preliminary assessment of the proposed development potential comprising indoor children’s play centre, gym, health club, associated indoor sports facilities, aquatic centre, and associated retail and service facilities at Gregory Hills Corporate Park. The role included reviewing the current planning legislation, socio-demographics, pertinent economic factors, and supply and demand assessment to provide advice as to the best process to achieve the highest and the best use of the development site located within the corporate park.
Advisory
Site Area: 5,336 m2
Category: Retail, supermarket, health club, veterinary and GP clinic, office.
Investor: Private Investor
Mixed Commercial Office, Wollongong NSW
Palladium Property was appointed to prepare a preliminary review of local supply and demand factors to identify in the early concept stages the potential demand best uses for the non-residential component of the development located in Wollongong. Palladium assessed the current and forecasted supply and demand for permitted uses. The analysis helped in identifying potential for a purpose-built childcare centre for 60 to 90 places, a retail operator for a fruit and veg grocer, a medical consulting centre, a 24-hour veterinary and GP, a 24-hour gym and health club and office spaces. The strata size and large floor plates are 50 to 200m2 for commercial business premises exposed to the street, café and restaurants and a small bar.
Property Portfolio Assessment
Category: Owner-occupied mining services.
Investor: Large Corporate
Commercial Owner-Occupied Properties
Palladium was appointed to conduct a comprehensive preliminary assessment of six significant property assets that were owner-occupied by a large mining services organisation. The investigation comprised of the use of the property and building’s associated risks, facilities and property management processes, as well as corporate governance policies and practices relating to property use.
Comprehensive report to the senior executive and board to identify areas of further investigations and recommended actions. Through the contracting of external legal expertise in corporate governance and expertise in facilities management procedures, Palladium was able to provide a comprehensive analysis and tangible recommendations at competitive fees.
Advisory and Development Management
Site Area: 26.82 ha
Category: Senior living residential development.
Investor: Private Investor
Over 55 Manufactured Housing Estate, Anna Bay NSW
Palladium Property conducted a preliminary investigation to assess demographic and other associated demand factors, as well as supply factors regarding existing proposed competing facilities of manufactured homes estates for the senior living market. Providing an active lifestyle focus, this was in regards to potential development in Anna Bay, Port Stephens. Initial due diligence was undertaken including acquisition strategies, review of planning and concept master design, and marketing strategies. Research and evidence provided a strong trend throughout Australia and NSW towards the active style manufactured home estates.
Economic Impact Assessment
Site Area: 6500m2
Category: retail, office, childcare, medical, mixed-use.
Investor: Private Family Investment Company
Multi-Use Proposed Development, Hills Shire LGA NSW
Pursuant to submission to the Joint Regional Planning Panel and Council, Palladium provided an Economic Impact Assessment highlighting market supply and demand factors, local dynamics and forecasts to assess the viability of the new development. Permitted uses include medical, boutique retail, business premises, childcare, restaurants, cafes, gyms, spa and health clubs and top shop housing.
Advisory & Development Management
Site Area: 6,500 m2
Category: Retail, office, childcare, medical and mixed-use.
Investor: Private Family Investment Company
Multi-Use Proposed Development, Hills Shire LGA NSW
Pursuant to a land rezoning Palladium was appointed to provide a Highest and Best Use analysis to determine the full development potential of the site. This included detailed analysis of demographics and dynamics and supply and demand analysis within given drive time boundary constraints, a summary of rental evidence rates, of permitted uses including medical, boutique retail, business premises, childcare, restaurants, cafes, gyms, spa and health clubs and shop top housing.
Advisory and Facilitation
Category: Industrial.
Investor: Department of Premier and Cabinet (NSW Government)
Wollongong City Centre Project NSW
Palladium Property was appointed to review investment potential from both corporations and property developers and investors to devise and implement an engagement and advocacy campaign to facilitate new relations with key local stakeholders. We identified the key industry sector benefits and devised an engagement strategy for both business space users and property investors and developers. This process delivered increased awareness and commitment to the Wollongong CBD through high-level functions with key stakeholders and corporate developers, keen to benefit from the continuing growth phase of the Wollongong CBD.
Advisory & Market Due Diligence
Category: Mixed retail, commercial and community facilities.
Investor: Private Investors and Institution JV
Mixed Retail, Commercial and Community Facilities, Epping NSW
Palladium property provided analysis of the development potential of this key CBD site within current and future land zonings. The assessment comprised current and forecast supply and demand levels for competing uses of the proposed development of proposed services. Potential benefits included childcare, health and fitness, medical facilities, retail and full-service supermarket, and commercial office space. The analysis included demographic factors, a review of retail trade areas and drive times, investigation into local dynamics, analysis of rental evidence and assessment of indicative rents likely to be achieved within the proposed development.
Advisory and Market Assessment
Site Area: 7,020 m2
Category: Office space.
Investor: Private Developer
Proposed Mixed Commercial and Office ‘Green’ Project, Wollongong NSW
Palladium provided an advisory and potential development and transaction management role upon commencement for a premium grade, green office space in Wollongong CBD with a minimum commitment of 4.5 NABERS design. Palladium’s role included preparing supply and demand analysis, investigating local dynamics, market rental analysis and assessment.
Advisory & Market Due Diligence
Site Area: 9,050 m2
Investor: Private Developer and Investor
Category: Urban village.
Proposed Retail Shopping Centre and Residential Apartments, West Ryde
Palladium assessed the demographic, economic and planning constraints affecting a proposed retail and apartment centre in West Ryde. An extensive analysis of existing and forecasted supply and demand of retail and residential space was conducted, along with an investigation of local dynamics. A review of completing retail centres within a primary and secondary trade area supported the tenancy mix model with associated other users.
Initial Property Market Research, Pre-Purchase Due Diligence and Acquisition
Site Area: 8,500 m2
Category: Premium office strata investment, Sydney CBD Fringe multi-level new commercial strata building.
Investor: International and Australian shareholders
Acquisition of Investment office suite, Pyrmont (Sydney) NSW
Comprised research of three categories of property strata investment: office, retail and industrial strata and assessment of the supply and demand.
We also looked into the planning and economic constraints of each sector, considered the yield and most likely profitable scenario over the medium term. New office strata in various Sydney CBD fringe locales were considered most suitable.
Find out more about our property advisory services by calling us on 02 9432 7866 or emailing us at phoare@palladium.net.au.