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  • More
    • HOME
    • SERVICES
      • Due Dilligence
      • Feasibility Studies
      • Zoning/Planning HBU
      • Acquisitions
      • Capital Advisory
      • Transaction Advice
      • Development Management
    • TYPICAL CLIENTS
      • Rezoned Land Owners
      • Property Developers
      • Private Syndicates
      • Investment Funds
      • Professional Advisors
      • Government Bodies
      • Religious/NFP Groups
    • TEAM
  • HOME
  • SERVICES
    • Due Dilligence
    • Feasibility Studies
    • Zoning/Planning HBU
    • Acquisitions
    • Capital Advisory
    • Transaction Advice
    • Development Management
  • TYPICAL CLIENTS
    • Rezoned Land Owners
    • Property Developers
    • Private Syndicates
    • Investment Funds
    • Professional Advisors
    • Government Bodies
    • Religious/NFP Groups
  • TEAM

ACQUISITIONS

Development sites and commercial acquisitions are rarely won on price alone. 

They’re won on underwriting quality and terms strategy, knowing what matters, what breaks, what to verify, and how to structure control so you’re not exposed to avoidable downside.


Property-wise supports acquisitions with a development-led approach: we underwrite the site as a project (controls, constraints, time, cost, exit), then support negotiations with terms that protect downside and preserve optionality. 


This helps syndicates and developers move faster with fewer surprises and helps ensure the acquisition can actually be funded and delivered.

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PROJECT EXPERIENCE INCLUDES

WHAT WE DO

ACQUISITION STRATEGY

DEVELOPMENT-GRADE UNDERWRITING

ACQUISITION STRATEGY

  • Define the acquisition mandate in commercial terms: product thesis, zoning profile, scale range, timing, risk tolerance, and target exit.
  • Establish “must-haves” vs “nice-to-haves” so we can move decisively when the right site appears.
  • Set decision gates early.
  • Align the acquisition to your capital reality (equity capacity, funding readiness, appetite for pre-DA vs post-DA risk).

SOURCE & SCREEN

DEVELOPMENT-GRADE UNDERWRITING

ACQUISITION STRATEGY

  • Market scanning and opportunity sourcing (as engaged), including on-market campaigns and quiet/off-market introductions where appropriate.
  • Rapid-screen each opportunity through a developer-grade kill-criteria lens:
    • Planning controls + likely yield range 
    • Known constraints and silent risks
    • Delivery pathway + timing exposure 
    • Exit realism 
  • Rank opportunities by risk-adjusted attractiveness, not headline yield 

DEVELOPMENT-GRADE UNDERWRITING

DEVELOPMENT-GRADE UNDERWRITING

DEVELOPMENT-GRADE UNDERWRITING

  • Establish a credible yield and built-form band. Avoid single-point optimism.
  • High-level planning and constraints mapping to identify friction early:
    • access, easements, services assumptions
    • flood/bushfire/interface triggers
    • contamination flags, BCA/servicing implications 
  • Feasibility drivers review: time, cost movement, end value/income, contingency requirements.
  • Delivery triage: buildability, staging logic, program sensitivity, procurement complexity.
  • “What must be confirmed” list to prevent spending money in the wrong direction.

FEASIBILITY + RISK MITIGATION

FEASIBILITY + RISK MITIGATION

DEVELOPMENT-GRADE UNDERWRITING

  • Build a clear base case view and test the variables that actually move outcomes:
  • ± end values / GRV
  • ± construction cost / escalation
  • combined downside cases (value down + cost up)
  • time/program impacts (holding, prelims, funding costs)
  • Translate risks into actions:
  • what to verify
  • what to exclude
  • what to price in
  • what to structure around
  • Provide a decision-ready recommendation: proceed / proceed with conditions / restructure / walk away.

CAPITAL LENS (FUNDER-SIDE)

FEASIBILITY + RISK MITIGATION

CAPITAL LENS (FUNDER-SIDE)

  •  Most acquisition failures happen because the buyer purchases a site that cannot be funded cleanly or cannot survive funding diligence. 
  • Identify what a sophisticated capital partner will require and where they will push back.
  • Ensure the planning pathway, feasibility assumptions and program logic are credible to capital.
  • Pre-empt “credit committee” friction: missing reports, unclear scope, optimistic program, weak contingency.
  • Where relevant, structure the acquisition timeline to align with funding readiness (so capital timing doesn’t dictate bad decisions).

STRUCTURING + TERMS

FEASIBILITY + RISK MITIGATION

CAPITAL LENS (FUNDER-SIDE)

  • We’re not just negotiating price. We’re negotiating risk allocation. This is where deals are won.
  • Offer strategy and sequencing to manage information asymmetry and protect downside.
  • Terms framework (non-legal) designed around deliverability:
  • due diligence scope and timeframes
  • conditions precedent and verification requirements
  • walk-away triggers 
  • staged control options where appropriate 
  • Coordinate inputs required to support terms 
  • Keep the deal aligned to your intended exit (sell, JV/option, develop, recapitalise).

DILIGENCE MANAGEMENT

DIVESTMENT-SIDE INTELLIGENCE

DIVESTMENT-SIDE INTELLIGENCE

  • Create a structured diligence checklist and data room index tailored to the asset type and stage.
  • Drive a controlled diligence process to close gaps quickly and avoid last-minute renegotiations.
  • Maintain an open-items register with owners and deadlines so nothing falls through the cracks.
  • Convert diligence findings into negotiation leverage (rather than post-exchange surprises).

DIVESTMENT-SIDE INTELLIGENCE

DIVESTMENT-SIDE INTELLIGENCE

DIVESTMENT-SIDE INTELLIGENCE

  •  Having visibility into the sell-side changes how you buy.
  • Understand how development sites are positioned, what’s usually overstated, and where risk is quietly pushed to the buyer.
  • Identify the “pressure points” in a campaign (timing, data gaps, competing bidders, vendor constraints).
  • Protect against typical retrade setups by demanding clarity early and structuring verification properly.
  • Ensure the investment narrative you rely on is defensible, not just marketable.

STAKEHOLDER MANAGEMENT

DIVESTMENT-SIDE INTELLIGENCE

STAKEHOLDER MANAGEMENT

  • Structured engagement approach where ownership is fragmented or negotiations are sensitive.
  • Maintain process discipline to reduce owner churn and preserve momentum.
  • Clear communication to investors/partners so decision-making stays aligned.

WHO THIS IS FOR

  • Developers, investment funds and family offices acquiring development sites across NSW
  • Private syndicates seeking disciplined underwriting and governance
  • Buyers who want to move fast without relying on optimism and comprimising due-diligence

FREQUENTLY ASKED QUESTIONS

A typical buyers agent focuses on sourcing and negotiating property purchases. Development site acquisitions require more: feasibility sensitivities, planning risk, buildability constraints, time/program exposure, funding readiness, and terms structuring. 


Propertywise operates as a development-side deal desk—we source and screen, but we also underwrite the site as a project and structure the approach to protect downside. 


 Because development site acquisitions are not a standard purchase. Success depends on feasibility drivers, planning risk, funding friction, delivery constraints, and structuring; areas where many buyers agents and almost all commercial agents are not trained or experienced. Propertywise is built for development outcomes, not just transactions. 


Not necessarily. If you’re buying a development site, the critical skill is not just sourcing—it’s developer-grade underwriting and risk control. Engaging an advisor who understands feasibility, planning pathway governance, capital constraints and transaction structuring typically reduces expensive surprises later. 


In almost all cases, a residential buyers agent isn’t equipped for development sites because the outcome hinges on planning, feasibility, delivery and funding, not just market comps. Development acquisitions need experience in risk mitigation and structuring, not just negotiation. 


It means assessing the site as a deliverable project, including:

  • credible yield range (not brochure yield)
  • planning friction and constraints
  • buildability and services assumptions
  • time/program and holding exposure
  • feasibility sensitivities (GRV/value, cost, time)
  • exit realism (who will buy/fund it and what they discount)


Most failures happen because early assumptions don’t survive reality: planning constraints, cost escalation, program blowouts, funding conditions, valuation basis changes, or missing diligence. Propertywise focuses on what breaks deals and structures around those risks early. 


Buying on headline yield rather than risk-adjusted deliverability. The best sites are not always the biggest yield on paper—they’re the ones that can be approved, funded, and delivered without hidden friction. 


A good site can still be a bad deal if the price and terms don’t reflect:

  • planning and constraints risk
  • time/program exposure
  • cost uncertainty
  • funding friction
    Propertywise focuses on terms and structure so you buy the outcome, not the brochure.


No. “Off-market” can mean genuine pre-campaign opportunity—or simply vendor price testing. Propertywise helps you avoid overpaying by underwriting quickly and structuring verification so access doesn’t become a liability. 


Off-market comes from consistent, credible engagement across the development ecosystem—agents, consultants, capital and principals. Propertywise can support quiet introductions where appropriate, but the real edge is being able to move quickly with disciplined underwriting. 


Yes. On-market advantage comes from speed with accuracy—rapid screening, early underwriting, and terms strategy that reduces information asymmetry and improves certainty. 


Signals include limited information, vague planning claims, pressure on timing, or inconsistent guidance. Propertywise screens the story vs evidence and sets verification requirements before you commit.


Absolutely, this is the core foundation for decision making. 


Typically:

  • construction cost movement
  • end value / GRV movement
  • time/program blowouts (holding and prelims)
  • combined downside cases (value down + cost up)
    Propertywise uses sensitivities to drive terms and risk controls, not just spreadsheet outputs.


Risks not obvious in marketing, such as: access/easements, services capacity assumptions, flood/bushfire triggers, interface constraints, contamination flags, acoustic/traffic triggers, design inefficiency, or approvals friction. These can materially change feasibility and timing. 


Yes. We don’t act as your planner, but we provide commercial governance and oversight so planning assumptions are credible and aligned to feasibility and execution. 


We support terms strategy (non-legal) that may include:

  • defined diligence scope and timeframes
  • information/verification requirements
  • clear walk-away triggers
  • sequencing that reduces asymmetry
  • staged control concepts where appropriate
    Your solicitor documents the final terms.


Because terms determine whether you can verify the key assumptions before committing. A “cheap” site with poor terms can become expensive through retrades, delays, and unexpected constraints.


Yes. We assess structure at a high level: control, milestones, economics, decision rights, reporting, and downside protections—then work alongside legal advisers for documentation. 


Developer-style negotiation is about risk allocation: time, approvals, information, deliverability, and capital readiness, not just headline price. 


Yes, without providing consumer credit assistance or product recommendations. We apply a capital lens: what funding typically requires, what will be discounted, and what evidence needs to be produced for certainty of close. 


 Often because diligence inputs change: valuation basis, cost plan, program, approvals risk, presales/leasing assumptions. Propertywise helps reduce surprises by aligning acquisition assumptions with what capital will actually underwrite. 


 Yes. We can help coordinate a lender/investor-ready pack: assumptions clarity, risks/mitigants, diligence roadmap, and reporting expectations. 


 It depends on stage and strategy, but typically includes: title/easements, planning controls, constraints, services, contamination flags, early design/yield confirmation, cost plan logic, program assumptions, and legal/structural considerations. Propertywise creates a tailored DD checklist and decision gates. 


By running diligence as a governance process: clear facts vs assumptions, structured data room, open-items register, and early identification of what must be verified. 


 Yes. We can coordinate scope and sequencing so inputs arrive in the order that supports decisions and protects timelines. This is where we excel given our deep professional networks and relationships.


 No. We work alongside your solicitor/accountant. We provide commercial underwriting, structure logic and governance support. 


  • private syndicates (e.g., professionals pooling capital)
  • developers and family offices
  • experienced investors moving from passive assets into development/value-add
  • rezoned owners looking to acquire a strategic adjacent parcel (where relevant)


While Property-wise is experienced across the Eastern Seaboard we have a NSW focus. Sydney metro and key growth corridors, depending on mandate.


 We support acquisitions across a range of development and value-add site types whether they be high density residential, land subdivision, office, industrial, hotels, mixed-use or specialised assets . The common thread is the need for underwriting, structuring, and risk control. 


 Yes. We can provide a rapid triage view: key risks, what must be confirmed, and whether the opportunity is worth deeper work. 


 Both. Some clients engage us per acquisition; others retain us across a pipeline. 


 Both. Some clients engage us per acquisition; others retain us across a pipeline. 


 If you’re searching for a buyers agent for commercial property or a buyers agent for development sites in NSW, it’s important to understand that development acquisitions require more than sourcing and negotiation. 


They require feasibility literacy, planning pathway governance, structuring, and risk mitigation to secure outcomes that can be funded and delivered. Propertywise provides development-side acquisition advisory designed for that reality.


CONTACT US

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