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Seminar Workbook
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Gorman Property Group
Property Developers
The following rates for 2009-10 apply from 1 July 2009.
Tax rates 2009-10
Taxable income Tax on this income
$1 – $6,000 Nil
$6,001 – $35,000 15c for each $1 over $6,000
$35,001 – $80,000 $4,350 plus 30c for each $1 over $35,000
$80,001 – $180,000 $17,850 plus 38c for each $1 over $80,000
$180,001 and over $55,850 plus 45c for each $1 over $180,000
From the moment a property development opportunity is approved by Dan Gorman a comprehensive assess-ment is commenced including any zoning restraints or issues, the most appropriate development, market search, including valuations, realistic end sale prices and marketing strategy. A detailed development costing &feasibility study is completed to identify any potential risks, and project pro�tability parameters and any �nancing requirements.
Gorman Property are extremely selective with the properties purchased or joint ventured and every property must meet their stringent criteria.
Once the property is accepted the consultancy team drive the process from obtaining a D.A through to a B.A. and operational works in conjunction with the Gorman Property in house bui lding and construction team. This is a comprehensive and expensive exercise but ensures the success of all projects undertaken.
The professional team of consultants are carefully selected for each individual project because of the particular expertise in their �eld and make a valuable contribution to the Gorman Property team.
Property Development Assessment and Delivery Process
• Group Philosophy In marketing its products, Gorman Property Group always adheres to the principles of fair trading laws and sets it
standards higher than required by the Developer's Code set down by the Queensland Government as well as that for Real Estate Agents.
• Ethical Standards
High ethical standards are hallmarks of a Gorman Property Group product, designed with the long term investor in mind. No short cuts are taken. From the careful site selection to the design, development and marketing of the product, the Group’s executive, employees, consultants and contractors observe the same high ethical standards.
• Corporate Responsibilty
The Group strives to be a good corporate citizen. It recognises its corporate community responsibility and endeavours to be a partner in Civic progress by developing in a manner sensitive to the needs of the Community.
• Environmental Responsibility The Group cares for the environment especially the built environment. The largely forgotten creature in thecurrent environmental awareness people are given serious consideration in a way which is sensitive to all other environmental concerns. Conscious attention is given to the visual aesthetics of developments and all projects are immaculately maintained before sale as owner and e�ective mechanisms and agreements are put in place topermit the Body Corporate to continue such maintenance long into the future.
From time to time, Developers Direct Group collects information solely related to financing investments, typically in residential housing. Personal information may include name, address, phone number,email address and any financial information (where you provide it) and any further information youvolunteer to us.
This information will be kept confidential to Developers Direct Group and will only be passed on to other parties directly involved in any activity directly associated with your financial application.
We will not disclose any personal information for any other purpose without your consent. Developers Direct Group takes reasonable steps to protect any personal information it holds from misuse,loss, unauthorised access, modification or disclosure.
The main consequence if any information is not provided, is that Developers Direct Group, its Builders and or its lenders cannot assist you with any finance that you wish to obtain. On request, you are welcome to review the personal information that we hold for accuracy, please contact us 1300 850 252.
The Gorman Property Group’s property development
operations span more than 25 years covering a diversity of property developments, many of them as a partner or joint venture participant but in all cases as the initiator and Project Manager. Throughout this time, while not limiting developments to that area, the Group has maintained its base in Logan in South East Queensland where its principal, Dan Gorman has resided with his family for all of that time.
The Group’s products have been diverse and specializes in the following: • Townhouses, Houses and Villas in secure managed Community Titles Schemes
• Luxury Project Homes in Security Estates • Exclusive Community Title Land Subdivisions • Residential Units in Community Title Buildings The Group has experience in Multi Storey short term accommodation and residential buildings on the Gold Coast as well as a Strata Titled Motel in Brisbane.
In Brief
• Developer Direct House and Land Packages
52
340530 190
64
73
138
126
117
All figures contained in this Seminar Workbook are for example purposes only. Individual circumstances may vary the figures for each client.
AS
HOUSES
AS
HOUSES
$500,000or MORE
$500,000TO
$200,000
$250,000OR LESS
Easy to Rent Tax AdvantagesEasy to Sell
AS
HOUSES
AS
HOUSES
HOUSES SAFE
Types of Properties