Property Development Portfolio - Bill Wright, Adelaide, Australia

1. Property Portfolio &
Capability
Bill Wright B.Com MBA
As either Development Manager,
Development Consultant or Developer

2. Index
• Capability
• City of Adelaide Projects
• Adelaide Metropolitan Projects
• South Australian Country Projects
• Interstate Projects
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3. Capability
Bill Wright
B.Com, MBA
RETAIL – regional, district and local shopping centres
RESIDENTIAL – low, medium and high-rise projects
OFFICE – small and large developments
TOURISM – Accommodation & Attractions
MIXED USE – large, complex projects
Extensive experience working with local, State and Commonwealth
governments and all kinds of professionals (lawyers, architects,
urban planners, traffic consultants, engineers, surveyors, quantity
surveyors, builders , interior designers, tourism operators etc)
Key factors for success in property development:
• concept development and screening (inc. economics of finished development)
• clear strategic-level design briefs
• written and verbal presentation skills and consultation for planning approvals
• market research, target marketing and clear value propositions
• sound financial modelling and sensitivity analysis
• contract design, management and administration
• solid project management of time, cost and quality
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4. City of Adelaide Projects
• “Ru Rua” Townhouse Development Project - Barton Terrace, North Adelaide
• Hutt Street - Shopping Project
• Franklin Street - Office Re-Development Project
• North Terrace - International Hotel Feasibility Study
• Frome Street - “Elder Mews” Residential Project
• Hurtle Square – Townhouse & Office Project
• Study of Supply & Demand for Office Space in the City of Adelaide (1950-1980
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5. • Subdivision & development
• Restoration & additions to 7
bluestone 2 story mansions
• Additional 5 new townhouses
• Sale of adjoining block for 5
townhouses
• achieved heritage listing afterwards
RU RUA TOWN HOUSE DEVELOPMENT
Barton Terrace, North Adelaide
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6. Hutt Street, Adelaide
Restoration of 7 shops
(with dwellings above)
Hutt Street Shopping Project
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7. Re-development study for Southern
Farmers building as a new Head Office
(Franklin Street, Adelaide)
Victoria Square
Franklin Street - Office Re-Development Project
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8. North Terrace - International Hotel Feasibility Study
Design & Financial Feasibility for a new
international hotel on the site with the
red border.
As part of a take-over offer for a
consortium led by Bill Wright for a listed
company (D&J Fowler Ltd) – which was
rejected in favour of a higher bid.
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9. Frome Street - “Elder Mews”
Residential Project
• restoration of 13 bluestone townhouses
• purchase of site from Adelaide City Council (with lowest price of 13
tenders but with highest quality assessment)
• achieved heritage listing afterwards
Angas Street
Frome
Street
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10. Hurtle Square – Townhouse & Office Project
Hurtle Square
Pulteney St
Gilles Street
Developer of 7 townhouses facing Hurtle
Square, 2 offices facing Gilles Street and
4 office sites for development by others
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11. West Lakes Projects
• West Lakes Project Site Map
• West Lakes Regional Centre
• “Allinga” Townhouse Development Project
• Other lakeside townhouse projects
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12. • LAND RECLAMATION
• STRATEGIC PLANNING
• SUBDIVISION
• SITE SALES
• PLANNING APPROVALS
• SELECTED DEVELOPMENT PROJECTS *
*
*
*
My Role:
Manager, Delfin Management
Services (prime responsibility
was for selected development
projects *)
*
WEST LAKES PROJECT
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13. • Development Manager – Stage 2
(incl. John Martins Department Store, Kauri Centre, fast-food, specialty shops)
• Oversight of Centre Management
WEST LAKES REGIONAL SHOPPING CENTRE
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14. Sportsman’s Drive, West Lakes SA
Development Manager – 67 townhouses
“Allinga”
Lakeside
Townhouse
Development”
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15. “Shoreline” – 48 rental apartments
(oversight of employee project manager only)
Other lakeside townhouse projects
Lakefront Apartments
(original feasibility was
for 2 high-rise
apartment towers and
16 x 4 storey
apartment blocks )
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16. Adelaide Metropolitan Projects
• Presgrave Court (Grange SA) – Cluster Housing Project
• Pelican Point Project
• Northpark District Shopping Centre
• Marion Regional Centre
• “Estcourt House” (Grange, SA) - Tourism/Residential Project
• Retirement Housing Project (Stirling)
• Novar Gardens Shopping & Housing Project
• Lockleys medium density housing projects – Project 1, Project 2
• Craigmore Shopping & Recreation Site
• Port Adelaide Office Block
• Also - Market research for other developers of neighbourhood shopping centres at
Gepps Cross, Windsor Gardens, Greenacres, Newton
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17. “PRESGRAVE COURT” (Grange, SA)
CLUSTER HOUSING PROJECT
Development Manager for 10 uniquely designed
detached houses on smaller allotments (in cluster
design). A pioneering project for small allotment
housing , popularised later in other major
projects).
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18. My Role in the Original study
• all of the market research, target market profiling and demand estimates
• all of the financial feasibility modelling (for total site and each component)
• design input (based on sensitivity analysis in the financial modelling)
My role in the amended study – for a reduced area of 235 hectares
• revised site design criteria
• revised financial feasibility model
• Another “West Lakes” type project
• 470 hectares
• a Multi-Functional Polis Project
• Client: MFP Australia
• marina
• retail centre
• international hotel
• conference centre
• riverfront condominiums
• low/medium density housing.
• 2 golf courses
Port
River
PELICAN POINT PROJECT
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19. Incl. Woolworths,
Moores & 36
specialty shops
Note: Coles replaced Moores at a
later date)
NORTHPARK DISTRICT SHOPPING CENTRE,
PROSPECT SA
Main North
Road
Regency
Road
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20. MARION CULTURAL CENTRE
Development Management &
Business Plan
Strategic
Planning for 12
hectare site
MARION REGIONAL CENTRE
WESTFIELD MARION
Domain Project - a $100m
development project
involving expansion of the
Marion Regional Centre
(inc. strategic planning,
strategic alliances, business
planning, marketing
planning, urban planning,
property planning &
development, economic
development, information
technology, community
development etc.)
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21. Development feasibility study was:
• convert “Estcourt House” into an hotel
• 3-storey beachfront holiday apartments
• 5 apartment blocks on vacant land at rear
• recreation facilities
Beachfront at Grange, SA
“Estcourt House” Tourism/Residential
Development Project
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22. Retirement Housing Project (Stirling)
Prepared detailed feasibility
analysis for given site & building
designs
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23. Mt Lofty – tourism site feasibility study
Gatehouse Ruins
Main ruins of St Michaels
Monastery (destroyed by fire)
Site area (circled in blue)
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24. Concept Planning for a cluster hobby
farm and community (Adelaide Hills)
City of
Adelaide
Freeway
Stirling
Concept Plan discussed with planning
authority, but Manoah mansion was burnt
down and purchase contract voided.
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25. Novar Gardens Shopping & Housing
Project
Development
management for
potential 20 acre site (ex
Lightburns factory site).
Site design included
small shopping centre
and remainder of sit for
cluster housing.
Plan submitted to
Housing Trust (owner of
the land) and
negotiations later
terminated, following
which they went ahead
and did the
development
themselves. 25

26. Lockleys medium density housing - Project 1
Development management for potential 20 semi-detached houses on Lockleys Bowling
Club Site. Contract of purchase subject to council approval. Plans submitted to council
and refused.
6 months later Council went ahead with the development in a joint venture with the
Housing Trust for a remarkably similar development.
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27. Lockleys medium density housing - Project 2
Site planning & feasibility for large vacant site for medium density housing, but
purchase fell through when vendor accepted a higher offer. 27

28. Craigmore Shopping & Recreation Site
Consultant to SA Land Commission for site planning & development
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29. Port Adelaide Office Block
Preliminary development costing and
feasibility
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30. SA Country Projects
• Victor Harbor – beachfront apartment feasibility studies
• Victor Harbor – mixed use feasibility
• Victor Harbor – leisure complex feasibility study & environmental management plan
• Mt Compass – tourism attraction site feasibility
• Mt Lofty – tourism site feasibility study
• Wardang Island - tourism site concept study
• Mt Gambier, large scale shopping/office development
• Concept Planning for a cluster hobby farm and community (Adelaide Hills)
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31. Victor Harbor – beachfront apartment feasibility studies
Development feasibility study for owner (prior
to sale & construction of above building).
Similar to advice given to owner of large
development site here, prior to sale.31

32. Victor Harbor – mixed use feasibility
Advise owner on purchase of
development site and potential for
motel development. Site near turn-off
to Goolwa.
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33. Victor Harbor – leisure complex feasibility
study & environmental management plan
360 acre proposed cluster subdivision for horse-oriented holiday owners.
Each owner had a title for a housing allotment of 3 acres and a share in the
common land, run by a manager. First developed proposal of its kind in SA. 33

34. Mt Compass – tourism attraction feasibility
Consulting assignment for SA Government and local council to prepare a feasibility
study for a major tourist attraction on vacant land. The product concept was
considered excellent. The feasibility study included:
• a concept site plan
• a schedule of proposed accommodation
• target marketing
• financial modelling for development and operation
Adelaide
Kangaroo island
Victor
Harbor
34

35. Wardang Island - tourism site concept study
Selected consultant by SA Government. Site visit, discussions with local aboriginals
and report back to SA Government on concept feasibility for development of
Wardang Island (size approx. 7km x 4km) 35

36. Mt Gambier
Large scale shopping/office development
Assisted in pre-feasibility analysis, including development strategy, discussions with
council and local member of Parliament and target marketing etc
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37. Interstate Projects
• Alice Springs – “Elkira Court” Motel Project (Bath Street)
• Darwin – Site Concept Study
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38. Alice Springs – “Elkira Court”
Motel Project (Bath Street)
Development Consultant and Manager
for financing and construction of new
accommodation wing.
Plus pre & post
construction business
plan, budgeting and
management advice
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39. Darwin – Site Concept Study
Darwin
2 day site visit and consultation
with owner about development
options
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