Undertaking due diligence on development sites

Key points to answer-

– what is the acquisition and exit strategy?

– what is the market indicating the best site use is?

– what is the yield? (How many dwellings or GFA)

– what is the return on investment?

– what is the project program?

– what is the sales / lease and marketing strategy?

– what is the funding strategy and cost of finance?

– what is the maximum price you can pay on land to still deliver a feasible development?