Property Brokers: The Challenges of Rezoning Land for Development
Wessel Kriek
CEO and Founder of Combined Developers Pty LTD
An established property developer with over 30 years of experience in construction, property development and acquisition of development rights.
What is Zoning?
Zoning is a set of laws, SPLUMA (Spatial Planning and Land Use Management Act) that control land use. The primary function is to regulate what can be done with the property.
Why Rezone?
The main reason for rezoning a property is that you may see an opportunity to increase your property value substantially.
The Process:
The process of rezoning is potentially very lengthy and costly and usually involves town planners, architects, engineers and other professionals. Changing zoning is also a political process, with public hearings and you need legislative approval. The political process can be quite costly - and UGLY.
The value Combined Developers can add is to speed up the process and also minimize costs. We will also ensure that the correct end result is achieved, which is crucial in determining the highest value for a property after zoning is achieved.
The end result:
In view of the above, I would like to urge all property brokers, land owners and other affected parties to get in touch with me, here on Linkedin or via email, to assist in this regard:
Wessel Kriek - [email protected]