Melbourne landowners looking to sell their broadacre land can still realise peak value if they choose to proceed with a Land Development Agreement (LDA) with Resi Ventures.
Topics: Land Development Agreements
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.
The team in conjunction with Bitu-mill is very proud to see construction progressing strongly at Accolade. Stage 1 – Civil phase is 55% complete, Stage 2 – Civil phase is over 40% complete, while Stage 3 Civils are 35% complete. Titles for Stages 1 to 3 should be delivered in Q2 2019.
A Land Development Agreement in essence allows the Landowner to put the land in the deal, have the security of staying on title and share in the development upside in a tax effective manner whilst the developer takes the risk in developing their land.
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.