Are you the owner of a large land holding or hobby farm across Melbourne’s Urban Growth Zones (UGZ) and preparing for the 2019 annual land tax and rates bills?
The biggest difference is that DMA is carried out by a Project Management company who does not have a strong balance sheet.
A Land Development Agreement, or what we refer to as an LDA, is a type of joint venture agreement designed to make you a LOT more money than you would earn by just selling your land.
Here is a short checklist to consider.
Before you enter a Land Development Agreement, or if you have an offer to consider, you must ask these questions before proceeding.
1 - Will I receive payments prior to the land being developed?
2 - What is my risk?
3 - Is my downside covered?
4 - What are my tax liabilities?
5 - What is my land really worth?
Resi Ventures offers a no obligation assessment of your land value to assist in answering these questions.
Call 1300 031 260 for more information and to book an appointment.