Commercial Property Developer - Welkom

Placements24; Bloemfontein; On-site; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Performance bonus

Company car allowance

Medical aid

Retirement fund

Training & development

Annual leave

Job summary

Placements24 in South Africa seeks an experienced Commercial Property Developer to drive end-to-end development projects in Welkom, Free State. You will identify sites, conduct feasibility studies, secure land, and oversee financing, construction, and lease-up or sales.

The role demands deep development lifecycle expertise, strong financial acumen, and the ability to manage multiple projects with investors, lenders, and authorities.

Qualifications

• Minimum 8 years in commercial real estate development.
• Proven track record delivering complex commercial development projects.
• Strong financial acumen: development finance, budgeting, pro forma.
• Excellent negotiation and interpersonal skills.
• Knowledge of Welkom and Free State markets.

Responsibilities

• Identify and evaluate development opportunities in Welkom and the Free State.
• Conduct feasibility studies and market/financial analyses.
• Secure land, negotiate deals, and manage entitlements.
• Oversee design, construction, and budget adherence.
• Lead marketing, leasing, and investor relations.
• Ensure compliance with codes and environmental standards.

Skills

Financial modeling

Budgeting

Pro forma analysis

Negotiation

Stakeholder management

Project management

Market analysis

Education

Bachelors in Real Estate / Urban Planning / Construction Management

Tools

Project management software

Financial modeling tools

Job description

About the Role

Our client is a dynamic property development firm seeking an experienced and results-oriented Commercial Property Developer to join their growing team in WELKOM, FREE STATE. This role will be instrumental in identifying, acquiring, and developing commercial real estate projects that align with the company's strategic vision and market opportunities. The successful candidate will possess a deep understanding of the development lifecycle, from site selection and feasibility studies to financing, construction oversight, and lease-up/sales. You will be responsible for driving profitable commercial development projects within WELKOM and the wider FREE STATE region, contributing to the revitalization and economic growth of the area.

Key Responsibilities

• Identify and evaluate potential sites for commercial property development in WELKOM and the FREE STATE.
• Conduct feasibility studies, market analysis, and financial modeling for new development projects.
• Secure land acquisition, negotiate purchase agreements, and manage zoning and entitlement processes.
• Oversee the design and construction phases of commercial development projects, ensuring they are completed on time and within budget.
• Develop and manage project budgets, financial pro forma, and funding requirements.
• Build and maintain strong relationships with investors, lenders, contractors, architects, and local authorities.
• Lead the marketing and leasing efforts for newly developed commercial properties.
• Ensure all projects comply with local building codes, regulations, and environmental standards.
• Manage property handover to the asset management team upon project completion.
• Stay current with industry trends, market conditions, and best practices in commercial real estate development in SOUTH AFRICA.

Requirements

• Bachelor's degree in Real Estate, Urban Planning, Construction Management, Business, or a related field.
• Minimum of 8 years of progressive experience in commercial real estate development.
• Proven track record of successfully managing and delivering complex commercial development projects from inception to completion.
• Strong financial acumen, including expertise in development finance, budgeting, and pro forma analysis.
• Excellent negotiation, communication, and interpersonal skills.
• In-depth knowledge of the development process, including land acquisition, entitlements, design, and construction.
• Familiarity with the WELKOM and FREE STATE property markets.
• Experience with site selection, zoning, and permitting processes.
• Ability to manage multiple projects simultaneously and work under pressure.
• Proficiency in project management software and financial modeling tools.

Benefits

• Highly competitive salary and performance-based bonus structure.
• Opportunity to lead significant development projects in WELKOM.
• Comprehensive medical aid and retirement fund contributions.
• Professional development and training opportunities.
• Generous annual leave allowance.
• Company car or vehicle allowance.
• Access to a network of industry professionals and partners.
• A challenging and rewarding career in property development.
• Contribution to shaping the commercial landscape of the FREE STATE.
• Work with a forward-thinking and respected development company.