What are the essential due diligence steps for purchasing a residential development site in suburban Brisbane?

Essential due diligence for a Brisbane residential development site involves thorough town planning review, specifically checking the Brisbane City Plan for zoning, overlays, and permissible uses. Conduct a detailed site analysis, including geotechnical investigations, contamination assessments, and services availability (water, sewer, power). Financial feasibility studies are crucial, factoring in construction costs, market demand, and projected sales. Engage legal counsel to review titles, easements, and any covenants, ensuring a clear path to development and mitigating future risks. Understand local council contributions and infrastructure charges.