Assessment Brief #2
Summary of Information
Course and Term: REST0006 Property Development and Feasibility
Analysis
Term 2, 2025
Assessment Name: Property Development Report and Feasibility Analysis
Weighting: 30%
Length: 6,000 words & excel spreadsheets
Group work: Yes
Group task assessed on both the outcome and the group
processes Marks will be given to individuals depending on individual
contribution
Due date: In class presentation: Thursday Week 10 Class
Report: Sunday 10th August 2025 5:00pm
Submission Location: Moodle Assessment Hub Assessment 2
(word or Pdf and excel file)
Late penalty: 5% per day
Assessment Description
As a group, you will select a commercial property development opportunity in an
Australian capital city and undertake the design, planning, market analysis and feasibility
study of the property development opportunity.
The aim of the assignment is to work collaboratively as a team, leveraging off a range of
skills applicable to a property development team and develop financial analysis skills
relevant to commercial property investment. As a group, you will be required to present a
property development proposal for approval to the client.
You will produce a report and presentation, providing relevant details for the development
opportunity along with a recommendation.
Course Learning Outcomes addressed in this task:
CLO 1: Analyse the different phases of the Property Development Process
CLO 2: Evaluate the implications of planning control, economic and market
conditions on property development.
CLO 3: Generate land value assessment and cash flow feasibility analysis using
appropriate tools
CLO 4: Assess the viability of property development projects
COURSE CODE Course Name
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Relevance
This task prepares you for future learning by working as a development team in the real-
world context, a practical approach to contemporary property development proposals.
This task also helps with skills that many employers value, such as understanding,
assessing and interpreting the town planning, development opportunities and the financial
feasibility of a property development project.
How to complete the assessment:
1. As a group, select a commercial property development opportunity
2. Determine the roles and responsibilities of each group member. It is important to
act as a development team and leverage off individual expertise.
3. Data collection
a. Property
i. Size
ii. Zoning
iii. Development capacity
iv. Valuation
1. Land
2. Improvements
b. Tenancy schedule (existing and proposed)
i. Rents
ii. Occupancy Costs
iii. Lease terms and conditions
c. Market
i. Demand
ii. Rent and Occupancy benchmarks
iii. Comparable Property evidence
d. Development
i. Construction Cost
ii. Consultant Costs
iii. Development Costs
iv. Finance
v. Timing
4. Development design proposal
5. Undertake a financial feasibility study, including a Discounted Cash Flow (DCF),
calculating the Internal Rate of Return (IRR) and Net Present Value (NPV)
incorporating appropriate discount rates, capitalisation rates, interest rates,
construction and development costs, and income and expenditure schedules.
6. Prepare and present a commercial property development report for the client.
Resources
Course notes
Geltner (2014) Commercial Real Estate Analysis and Investments. Geltner, D. et al (2014)
USA
Baum (2023) Real Estate Investment A Strategic Approach. Baum, A. (2023) UK
API
Rawlinsons
PCA
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Commercial Real Estate agency websites and research reports
Realestate.com (commercial)
Core Logic RP data
Beware of international textbooks references to measurements and terminology. Ensure
that Australian measurement and currency conventions and property terminology are
used.
Generative AI Permission
Assistance with Attribution
This assessment requires you to write/create a first iteration of your submission
yourself/within the group. You are then permitted to use generative AI tools, software or
services to improve the submission in the ways set out below.
Any output of generative AI tools, software or services that is used within your assessment
must be attributed with full referencing.
If outputs of generative AI tools, software or services form part of your submission and are
not appropriately attributed, your Convenor will determine whether the omission is
significant. If so, you may be asked to explain your submission. If you are unable to
satisfactorily demonstrate your understanding of your submission you may be referred to
UNSW Conduct & Integrity Office for investigation for academic misconduct and possible
penalties.
Submission requirements
In-Class Presentation:
What to present:
A 10-minute group presentation of the development report limited to 12
powerpoint slides
Incorporating the financial feasibility assessment – Discount Cash Flow for the
project
Due date:
In tutorial groups - 7thh August 2025 6:00 – 9:00pm
Please note:
10-minute proposal
12 powerpoint slides
10% of your final grade will be assessed against the group report presentation
A brief commentary will be given by your tutor as to where you may improve the
final written report
All students are required to complete a group peer assessment report
Electronic Submission:
What to submit:
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Report and excel spreadsheets A professional report format limited to 6,000
words in a ‘MS word’ or PDF document
Excel spreadsheets – Discount Cash Flow
Where to submit:
Moodle Page Assessments Hub Assignment #2
Due date:
Sunday, 10th August 2025 5:00pm
Please note:
A penalty of 5% per day will be imposed on late submissions
Assessment Criteria
This group assessment is worth 30% of your final class grade. All students will be required to complete
a peer assessment in order to grade contribution to the group. This peer assessment will adjust the
grade given by the grader. This peer assessment is confidential between the student and the
grader/course convenor.
Grades will be allocated against both the group presentation (10%) and report (20%).
The following rubric outlines where grades will be awarded for the report.
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Criteria & Pass (50- Credit (65- High
Fail (<50) Distinction
Weighting 64) 74) Distinction
(75-84)
(85-100)
Research & Little evidence of Minimal The topic is Evidence of Evidence of
Identification independent evidence of adequately sustained sustained and
of Sources research into the research identified and independent extended
topic or the present. there is evidence research and independent
research is not of independent careful selection research with
identified in the Many of the research. of relevant use of significant
writing. sources are information. S breadth and
simplistic, or The range of depth of sources
Source material drawn from in- sources are ources are that are integral
is not referred to class appropriate given integrated into to understanding
or discussion or the research the writing and the topic.
misinterpreted already topic. the referencing
and not provided. style is accurate Sources are
referenced or Referencing and consistent. effectively
referenced Referencing is present and integrated into
incorrectly. present but follows the the writing and
incorrect or expected style the referencing
inconsistent. but some minor style is accurate
inaccuracies and consistent
present.
Analysis/ No Only a basic
The argument
There is a There is a
carries all the
Critical understanding of analysis is way through, it is sustained sustained and
Thinking the topic present that supported by argument effective
displayed or only does not evidence and the supported by argument,
analysis
a basic demonstrate critical analysis critical analysis
demonstrates
description is any independent of material. and evaluation.
provided with independent reasoning. Demonstrates
little or no thinking or Makes useful refined
relevant relevant connections independent
analysis. conclusions. between thought and
information and reasons
demonstrates effectively
considered making useful
thought and and important
understanding distinctions and
of the material. connections.
Style & The writing flows
Style is Written in an The depth and The depth and
logically. There is
Structure inconsistent appropriate an introduction, breadth of breadth of the
and/or style for the body, and research is research is
inappropriate task. conclusion. The integrated creative and
overall grammar
and/or the Document is throughout. The integrated
is clear with few
document generally well spelling/grammar introduction, through a robust
contains many presented but errors. body, and and sequential
formatting contains some The language conclusion are introduction,
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Criteria & Pass (50- Credit (65- High
Fail (<50) Distinction
Weighting 64) 74) Distinction
(75-84)
(85-100)
structure is
errors. There is formatting clear and flow body and
generally good
no indication of errors. and appropriate effectively. The conclusion. The
an introduction, words are chosen overall grammar overall grammar
body and to convey is clear with only is clear with no
meaning.
conclusion. minor syntactical errors
syntactical present. The
errors present. authorial voice of
The authorial the group is
voice of the consistent and
group is enhances the
consistent and overall
present discussion.
throughout.
How you will receive feedback for this task
You will receive feedback in the Moodle Turnitin comments section. Comments will be
applicable to the group work.
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