This week on the Development Ready podcast, we have Investment Sales Manager and Investment Sales Executive at JLL, Elliot O’Shea and Blake Goddard.
We speak to the guys about their Real Estate journey and discuss topics such as:
- Why the Brisbane market still offers great investment potential for investors
- Which pockets of Brisbane are set to hit a boom
- What developers should be considering
- When evaluating the viability of a development site and
- Why Adapting to a changing market is pivotal to a developers success
...plus much more
Remember as always to Like and Follow us on Facebook and Instagram to see who we have on next week’s episode.
Show notes
01:11 - Introduction
02:07 - Backgrounds, who they are
04:11 - JLL and their roles in the company
06:35 - Exposure to other elements of business
08:45 - Current market of development sites
11:11 - Foreign developers
12:56 - Settlement risk
14:18 - Commercial sales and investment markets
15:22 - Vendor expectations and how to manage them
19:06 - Holding onto assets for a more opportune time to develop
23:12 - Commercial investors turned developers because of market
24:59 - Sale trends in hot markets
27:41 - Value of commercial assets in Brisbane
29:19 - Outside investor interest in Brisbane
31:47 - Difficulties involved in transitioning across states
33:00 - Developing in one area
34:24 - Undervalued areas of Brisbane
36:01 - Evaluating areas to develop
38:18 - Important skills/attributes/roles of a good agent
42:46 - Agent perception transitioning to advisor
44:22 - Developer’s and investor’s expectations
48:05 - Best advice, life or business
