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Oh I agree, my point is that if dave needed to build in 2 stages he should have either done a green title or vacant strata subdivisoon and got plans done for the rear with a view to demolishing front later. It isn't daves fault of course but the PM certainly dropped the ball here. If it's...

I read it differently, his PM, who sounds a bit rubbish frankly, has said he'll need 4 or 5 presales out of 6 for a commercial loan which doesn't sound right to me

There's a pretty simple answer, commercial finance. This of course assumes that the numbers support this and there's sufficient margin. I'd also be getting on to the PM to ask why they applied for DA in that manner, it would surely be cheaper to do 1 building with 6 apartments if you're...

Your PM is doing you a disservice re the presales, get a second opinion. It sounds like you got a DA for the whole site when you prob should have got a DA for rear lot and then a separate one for the front. Did the PM advise you to do the whole lot at once? Did they know of your intention to...