Have a question about how it all works?
Frequently Asked Questions
A Land Development Agreement (LDA) is a tailored contract that offers a turnkey development solution for broadacre landowners to transform their landholdings into a new master planned community. Both the interests of the developer and landowner are aligned for maximum returns and the landowner remains on title until the project is completed.
A Land Development Agreement (LDA) is a tailored contract that offers a turnkey development solution for broadacre landowners to transform their landholdings into a new master planned community. Both the interests of the developer and landowner are aligned for maximum returns and the landowner remains on title until the project is completed.
Maximum Profit
The landowner shares in development profits along the development journey. These returns always outstrip what you could get through a sale.
Regular Payments
Once the LDA is signed we pay for all project costs including your rates, taxes, and any other holding costs. In most cases there is an upfront payment to the landowner as well.
Minimised Risk
As the landowner you retain ownership of the land until final settlement of each lot within the project.
Trusted Partner
We are an experienced developer, and we deliver what we promise with over 11 years of delivering successful residential projects.
Financial Security
We guarantee a minimum return through a set floor pricing strategy
Flexibility
Every LDA is tailored to suit your needs and you can take any portion of proceeds in subdivided lots and retain your house.
Resi Ventures undertakes comprehensive research into all growth corridors and highlights potential development sites that meet our criteria. We conduct an in-depth due diligence report covering all opportunities and constraints relating to the site such as planning, servicing, and market drivers. Put simply we want to do good projects with good people.
All LDA’s are structured differently to meet the needs of the landowner. However, a typical LDA works as follows:
- Resi Ventures advances money for your land that you can use straight away. We can also make regular advances until the development profits flow from the settlement of lots in the first stage of the project.
- The parent title of the land remains in your name until the development is complete.
- Resi Ventures will pay the ongoing holding costs such as Council Rates and Land Tax.
- Resi Ventures will add value to your land whilst funding all project related costs including planning permits and civil works costs.
- Resi Ventures will project manage the whole development process and share the development profits with you.
- Resi Ventures manages the funding process and achieves the best finding structure therefore every agreement is structured differently.
- Resi Ventures funds everything up to civil construction
Yes, you receive a quarterly report from the Development Manager working on the project and we are always happy to answer any questions.
Every property is different, depending on the current state of the zoning of your land, for example if your property does not yet have a PSP approved it will take longer than land that is zoned Residential and has a permit, termed ‘shovel-ready’. Project development commences immediately after issue of a Permit, with strategic market planning and the appointment of a sales team. The onsite civil works start as soon as we have tendered and appointed a contractor and achieved the relevant approvals to commence.
Payments occur throughout the project as outline in the landowner returns projection that is created for each individual project. Example outlined in Figure 1 below.
This will vary depending on the size of the project. We have a team of industry experts who implement the best strategy to fast- track the sales process to minimise project timelines.
Over 12ha, however if land is smaller we would amalgamate the land due to the infrastructure needed.
There is minimal risk to the landowner as you retain ownership of land until final settlement of each of the lots within the project.