Being a developer isn't about buying sites. It's about knowing what's about to go wrong. 

The founder of Sherpa has been developing for decades, including through the GFC when buyers walked away from sold out buildings.

He takes Matt through how a development gets funded, why he prices under the market deliberately, and the numbers that tell him a site won't work.

Plus why he buys beachside, not beachfront. At Palm Beach that gap is 100%. 


🏡 Gold Coast Buyers Agency 👉 https://www.thesramagroup.com/


In this episode, we cover:

  • The 5 stages of every property development, and why one is always the constraint

  • Why being a property developer isn't about buying sites

  • Property development finance: senior debt, mezzanine funding and the capital stack

  • Why equity is the dearest form of debt

  • How a development approval creates equity before you build

  • What goes wrong: builder insolvency, trades walking, a $9M loss

  • Why Sherpa sells 5% under market on purpose

  • The site model: 40x40 blocks and why car parking governs everything

  • The 60% rule that kills most development sites

  • Property development for beginners: the 900sqm filter

  • Beachside vs beachfront, and the 100% price gap at Palm Beach

  • Rooftops, retail income and lower body corporate fees

  • What a $750K first home really costs to service

  • Property of the week: an off market home in Elanora — Palm Beach quality, six minutes away. 


Connect with Sherpa

Website → https://sherpagroup.com.au/ 

Instagram → https://www.instagram.com/sherpapropertygroup/ 


Connect with us:

Instagram → https://www.instagram.com/matt_srama/?hl=en

TikTok → https://www.tiktok.com/@matt_srama

LinkedIn → https://www.linkedin.com/in/matthew-srama-b8647b1ba/?originalSubdomain=au

BGC Podcast → https://open.spotify.com/show/6ZTdnNdku9iVdkBEFrND8V Gold Coast Buyers Agency → https://www.thesramagroup.com/

Join 3000+ for weekly insights → https://buying-gold-coast.kit.com/jointhelist

If you're serious about how to buy property on the Gold Coast, understand where the city is heading, spot lifestyle and development opportunities, and stay ahead of the Gold Coast property market, subscribe to Buying Gold Coast for weekly insights. → https://buying-gold-coast.kit.com/jointhelist

Rss Apple Podcaster
Podden och tillhörande omslagsbild på den här sidan tillhör Matt Srama. Innehållet i podden är skapat av Matt Srama och inte av, eller tillsammans med, Poddtoppen.