Some people see problems - we see solutions.
The original development project had a permit to build 4 level apartment building.
Shepherd devised a way to maximise the site potential through the use of their expert consultants and turned the development into 8 level apartment building.
DOUBLED THE DEVELOPMENT POTENTIAL
100% INCREASE IN TOTAL REVENUE BEFORE CONSTRUCTION
The original house was planned to be bulldozed to build a new home on the front of the site with a townhouse on the back.
Shepherd maximised the prospect and reduced project costs by keeping the original house to renovate and adding two new townhouses on the back of the property.
33% INCREASE IN TOTAL REVENUE BEFORE CONSTRUCTION
The client was struggling to secure a loan, with 9% interest rate being the best possible rate sourced from private lenders.
Shepherd used their broker and financial planners to secure a loan with an interest rate of 4.5% on the $1.8M project.
SECURED A LOAN AT HALF THE INTEREST RATE
$81 K SAVING BEFORE CONSTRUCTION
SUNSHINE NORTH DEVELOPMENT
Construction Management Services Examples.
SPRING APARTMENTS, MALVERN
Apartment unable to sell to market prior to construction. Shepherd suggested utilising unused nearby space to create two storey townhouse, making it more appealing to market. It sold prior to construction and made the developer an additional $400k in revenue, turning a $1.6M apartment into a $2M apartment.
150% RETURN ON INVESTMENT
25% INCREASE IN TOTAL REVENUE
2% INCREASE IN TOTAL PROJECT PROFITABILITY
HEDGELEY HOUSE, GLEN IRIS
PRIVATE HOME, KEW EAST
$500k was sitting in provisional sums for the owner-occupier. Shepherd managed the build efficiently, effecting the following results.
$100K SAVING IN PROJECT COSTS
SHEPHERD SERVICE FULLY PAID BACK
“We found Shepherd to be highly professional and very well organised on construction sites whilst always maintaining a pragmatic approach when dealing with construction issues with the council, trades and other consultants. Their breadth of services meant that our project was managed correctly from inception right through to handover. We highly recommend Shepherd and will not hesitate to use them for another property development project.”