STEP ONE
Consulting, Legal & Financial
Before committing to any project, we undertake feasibility studies and consult with market experts to make determinations as to prospective venture viability.
Prospective investors can then come aboard discussions to canvas a potentially suitable venture approach which should then be considered independently with legal, financial, and any other necessary professional advice, before being reduced to writing.
STEP TWO
Acquisition of site and certificates
The following steps and time periods involved will vary slightly according to agreed venture terms and any pre-existing permissions and/or conditions. Generally, however, this stage in the process relates to the bidding for and acquisition of land for site and necessary council permissions to construct on that land. Such permissions may include Development Approval, s 96 Certificate, and/or Construction Certificate.
STEP THREE
Construction
The following is a general guide to the construction timeline and costs, variable according to individual site conditions and venture agreement terms.
STEP FOUR
Occupation Certificate (OC)
An Occupation Certificate must be obtained from local council or private certifiers approving the use and occupation of new real estate properties before they can be sold, transferred or occupied. This is therefore an essential step in the investment process which allows the project to proceed to completion.
STEP FIVE
Returns: Asset Transfer of Title
The venture agreement will stipulate the agreed terms of return, including terms regarding the distribution of proceeds at completion of the project. Typically, options include either a monetary return to investors by means of sale of dwellings or an asset retention returns option whereby investors may opt to receive the transfer of title giving them the right to retain selected dwellings from the project site.
Questions?
Please contact us for a confidential discussion about current investment options or if you would like to find out more about whether you meet the investor criteria.
