Business Development Report: Building Planning in Edensor Park, NSW

This report provides a comprehensive analysis of building planning and business development opportunities in Edensor Park, located in the City of Liverpool LGA, NSW. It emphasizes the importance of government regulations, environmental assessments, and waste disposal plans in the development process. The report examines the site's demographic and infrastructure advantages for a supermarket, including its potential for online business and customer flow. It also addresses constraints like parking space limitations and proposes a building expansion with ample parking and enhanced shop fronts. The report highlights the positive economic indicators for investment in the building, considering the projected population growth, stricter planning legislation, and favorable economic conditions. It also underscores the need for building refurbishment to maintain customer trust. The report covers the classification of spaces within the building based on business types, including the supermarket and other retail businesses.

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Name
Subject
Professor
Institution
Property
Proper planning is essential for proper development of a society. It is true that
everyone should plan their various projects properly before their enactment. However, the
planning process can never be done without the intervention of a government. The blueprint
of any town or city must always be provided by the government through the planning and
regional development department. The blue print ensures that a nations city are as desired by
the government. Therefore, every building must be built according to the planning regulations
and act that is enacted by the legislature of Australia.
In this discussion, we shall exploit the planning of a building in the Edensor Park that
is located in the City of Liverpool LGA, NSW. The assessment of the area is mandatory
before the project can be started. This assessment process must be conducted by the
government. The assessment process is meant to ensure that the project or business advances
only the requirements of the government of the land. The environmental impact of the project
tops the list of the critical issues to be analyzed. The environmental assessment is to ensure
that long and short term impacts are well understood and any mitigating factor put in place in
good time. For this business, the assessment team would be keen to ensure that there is proper
waste disposal plan in place. The business would attract so many shoppers who would
definitely want to throw a few things that they buy or have in their possession. The aim is to
make the town green always and this is achieved by ensuring the waste disposal can and bins
are situated at the right locations. Moreover, they are properly labeled to avoid mixing of

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things like polyethylene and food remains. It is a fact that waste disposal process involves
both re-use and recycling thus need for proper disposal plan (Galliers and Leidner, 2014).
The site is located along the Densor road. This a densely populated area within the
City with a high flow of people. This high population is an indication of the choice of a good
site for the location of the business. This means that the investment would enjoy the
advantage of having constant customers flocking the business. It is well known that high flow
of customers is an indication of a lucrative venture that would possibly bring in high returns
every month or at the end of each fiscal year. A part from the flow of people, the other
opportunity that exists within this site is the capability to have a smooth flow of goods. This
means that it is possible to have online chain business and easily operate the business. The
success of an online business is the ability to have the goods delivered at the right time. The
transportation factor is best sorted by a good road network which is provided in the case by
the site location.
The existing infrastructure in one-floor supermarket building with a window display
of the goods offered, this building provides a good marketing strategy for the building. The
establishment of the building can still be exploited to offer more business opportunities.
According to the government planners, an area like this can have a building erected with a
maximum of two floors. The expansion of the building would be done with regards to
increasing the number of floors. Before this is done the government planning department
must come and assess the possibility of enacting the plan. The assessment would involve the
looking at the risk factors and the possibility of the building to stand firm for many years. The
plan is abolished in case it is found to be risky (Galliers and Leidner, 2014).
This local is found to have constrained as well. For instance, the area is squeezed thus
lack of enough packing space. The business is located next to the high way makes it seem

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obvious that most of the people who would be buying from the supermarket are motorist and
people with cars who mainly come from the suburbs. This group of persons requires being
provided with ample parking lot. This space needs to be provided to encourage the
continuous flow of shoppers to the local. Somehow, there is need to increase the space
available for parking. This area being a busy street make this very challenging since there is
no idle land available for such a purpose. This constraint would hit hard on the business since
it may limit some of the potential customers from shopping especially during peak hours and
on busy days (Galliers and Leidner, 2014).
The existing infrastructure as mentioned before is one floored building that is used a
supermarket. This plan was at the inception but it needs improvement. The proposal of a new
infrastructure should be done with immediate effect. The new proposed building would have
more than one floors so as to expand the available shopping space. The new building must
have ample parking lot in the basement and the rooftop. Enough parking space would ensure
the flow of the shoppers is assured at all times. The shop front of the proposed building
would also be enhanced by having adverts that display the goods and services offered in the
building. All the round the shop would glass walls for visibility of the goods. This is just a
strategy to attract shoppers. This is a business property and its success relies on the beauty
and proper planning of the structure (Conacher and Conacher, 2000).
The demographic of the area seems suitable for the location of the business in the
building. Generally, the area is densely populated. A dense population means that so many
people would visit the business center every day. Of interest is the fact this is a town to mean
that most businesses would operate for 24 hours. The several homes next to the build would
influence a lot of things concerning the building. First, it would mean that the building
construction must strongly adhere to the environment conservation plans that are provided for
by the government planners. For example, the site of the building must have some trees

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planted. The trees are mainly for the quenching of the carbon dioxide gas emitted in the
surrounding. As mentioned before, proper waste management and disposal plans must be
provided by the constructors of the building. The population of the country, and to be specific
the area the business is located is seen to be on constant increase. Projection even of the
world population portrays constant increase in the inhabitants of the earth. The improvement
in the demographic mainly indicates that the market for the goods offered would constantly
increase marking it a good idea to make an investment in this building. In fact, the proposal
of having business in the building for 20 years would ensure that this increment in population
greatly benefits the business. It is always a fact that increase in the population increases the
purchasing power of people (Brayson, 2011).
The current planning legislation of Australia has become stricter than before. This has
occurred following the continuous enactment and editing of the already existing laws. The
aim of this enactment and review of the laws is to ensure that all building in the nation
adheres to the regulation to the later. The quality of the building is of great importance not
only for the owners but also to the users and the government. In this case, the users of the
property would people who come to do business in the building. Failure to adhere to the
provisions of the law may have serious implication to the building. For instance, cases of
building collapsing have always been due to failure to adhere to the provisions of the law.
More often, constructors are advised to refer to the planning Act of 2016 when constructing
the building. The new proposed structure for the location of the business is made in
accordance with this act. The existing structure though old was according to this act. The act
provides all the required procedures that must be followed before a structure is built or
refurbished (Porter and Barry, 2015).
It is worth noting that assessment plan must be put in place early enough before the
building is put in place. This assessment plan involves the monitoring and evaluation of the

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site. The process is done by qualified personnel such as the architects and engineers who have
the qualification to do so on a construction site. Each level of the planning process must be
assessed without assuming any part (Pert et al, 2016). For instance, the architectural design
must be in line with the provisions of the local government’s plan for the town. Anything
contrary to the proposed plan can never be accepted by the local government.
The establishment is for business operations in the town and therefore, it must be able
to bring returns. The ability to have profits from the property for the proposed period of about
20 years depends heavily on the economic status of not only the local area but also the entire
nation and the entire world. From research, it is evident that the economic situations have
been constantly improving every year since 2013. This a positive indicator for the owner of
the property to invest in the building (Gurran and Phibbs, 2016.). In fact, it is expected that
the economic conditions would keep increasing for the next many years. The improvement in
the economic status is majorly brought about by the constant improvement in technology and
the need to make the world a better place. Investing in this building would therefore prove to
be a good idea since it would be possible to recover the finances invested in the building
given the expected increment in the market capacity and ability to bring in profits. Economic
growth in the country is projected to be at a rate of 3 % per annum. Taking advantage of this
expected economic growth rate is only through investing in the supermarket in this scenario.
The fact is that the supermarket would provide a variety of household good that would
always be needed by the inhabitant of the area. Moreover, the economy of this local area
strengthen only through this kind of investments. The fact that the area has local inhabitants
makes investment in a supermarket building more lucrative. It is reported that most people all
over the globe currently prefer to shop form the supermarkets as opposed to from the retail
shops. This is mainly due to the fact that the supermarkets give them an opportunity to

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compare prices alongside quality of the goods they are buying. Thus, this investment would
be good for the economy and for the investor in the expected 20 years period.
The negative change in the sale amount is an important factor to consider before
jumping to invest in the building. Foremost, it had been mentioned that the building design
would be refurbished. Psychologically, an old building would discourage most people from
visiting a certain building for daily business. An understanding of this is that most people
would believe that the goods offered are as old as the building or the building is likely to fall
on them. This therefore describes the urgent need to revamp the building before the new
investor stocks their goods. The building process is meant to ensure that building looks as
though it is completely new. In fact. If possible, the building would be built afresh using the
proposed new design. Building trust on whatever is offered in the building is the goal of this
new designing plan (Morán‐Ordóñez et al, 2017).
The spaces within the building would be classified based on the business going on the
space. The supermarket would be the largest business occupying the largest size and having
the largest display unit especially at the front of the building. Other retail business would be
classified based on the business registration names and purposes. The majority of the
business would be retail dealing with goods that are really needed. The retails would
specialize on particular line of business, for instance, a retail shoe shop, so as to greatly meet
the needs of the people. The retails would target people who are not comfortable with the
supermarkets thus opening a wide consumer’s base that would help to bring in more funds to
the business (Clarke and Menadue, 2016). Restaurants and fast food shops would also be
allowed to rent space and operate within the refurbished building. The truth, everyone would
wish to have all their needs taken care of within the same building thus more people would
prefer to shop in this building.

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The next lease of the refurbished building would be done after a period of 20 years.
This a long term disposal strategy. However, any tenant wishing to vacate before the expiry
of their rental period indicated in the rent agreement would be free to do so after they provide
a two month vacation notice. The baseline of this is to ensure that all the spaces are rented at
all the time (Gurran and Ruming, 2016.).
A swot analysis indicates that the strength of the business is in the fact that it is
located in possibly lucrative space within the town. Moreover, the building has good network
of road that would attract so many people. The weakness of the property is in the lack of
expansion space and restriction by the local government to contract bigger building. The
opportunities available for the business is in renting parking space for more money and
having consumer tailored retail businesses. The main threat to this opportunity is construction
of similar operations in other locations within the town.
The rental space would be calculated as follows per square foot.
Rent for business space in this building is set at $ 10 per square foot of the leased
space. Expressing this as either annual or monthly amount can be done as follows:
A 2400 square foot office space is quoted as $ 10 per square foot giving; 2400 × $ 10
= $ 24,000 annual rent.
Monthly rent, therefore, would be; 24, 000 ÷ 12 months = $ 2000 monthly rent.
Each rental space is expected to bring in atleast $ 40 for every square foot. This
amount would be the expected as profit. With this kind of profit it would be possible for the
building to bring in more money every month. The more the profits the lucrative the business
and the easier it would be to recover the amount used to renovate the building. The
calculation of the leasing space would ensure that profits earned form part of the amount of
money received by the owner of the building (Thompson and Maginn, 2012).

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In conclusion, I recommend that the building be renovated with immediate effect so
as to open a large business space for the locality. Moreover, the refurbishment should be done
in accordance with the current design technology and needs for every business space. Each
business within the building must focus on advertisement so as to ensure that the goods and
services offered are well known in the region. The advert must have the new outlook of the
building so as to attract many potential customers. It is also expected that the building would
be constructed in accordance to the National and regional planning Acts. Despite the fact the
building would reduce the space of the park, it would intensively bring in more profits.
People who visit the park would more often stop to shop in the building.

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