澳洲Australia property Joint Venture - Property Development | Sy

在澳大利亚Property Investment




Ok, here's the deal....

- Purchased a block of land with a view to subdivide
- Land purchased in a trust structure with a company as trustee
- Have DA approval and construction certificate for 7 lot subdivision
- Lots 1 - 6 range in size from 1390 - 2560m2 and lot 7 is 2.15ha in a established residential area 15 - 20 mins drive from Newcastle city centre
- All that is left to do is road, infrastructure, register plan
- DA only current until Dec 10 but some approvals expire in Sep/Oct 10

Construction costs ended up being double of initial estimates!!! Development may not be as profitable for me anymore. If I sell the property undeveloped in the current market then I will incur a significant loss.

Currently have about 50% equity in the block but getting further finance will probably be an issue when I add constructions costs and council contributions. Have tried pre-selling off the plan but without success. Prospective purchases find it difficult to visualise the block in its current state.

My thoughts were to pursue a joint venture, preferably with a small, local civil engineering firm who can complete construction at cost. In lieu of payment for construction I would transfer some blocks of land.

So my questions are:
- Is this course of action feasible?
- Are there civil engineering firms out there who would take an interest?
- What is the best way to approach this COA with a firm?
- How do I approach this from a legal perspective?
- Does anyone have any experience with this COA?

Any advice appreciated. Thanks in advance.  
澳洲中文论坛热点
墨尔本小男孩划船误入深山老林,失望时忽然想得手表的一个功用!救了两条人命!
比来,维州警方在民间网站盛赞了一名13岁的机灵小男孩。在一次荒野救援中,这位小敌人奇妙地用本人的手表帮忙搜救人员拯救了被困深山的两人。这名男孩是一名皮划艇手,
“全澳最丑城市”、咖啡文明被高估...墨尔本哪些中央让人不满?快看看推特网友怎么吐
糊口在墨尔本的澳洲人在一篇搞笑的推特帖子中分享了他们的观念,纷纭吐槽起这座城市让他们不满意之处。据《逐日邮报》报导,推特用户David Mejia-Canales发帖提出了这样
我天!澳洲大叔砍了几十颗树,居然被定罪!被罚大几万!这下哭瞎了!
澳洲是一个十分重视环保的国度,相干的法律法规得多,比来,澳洲一个农场主就由于砍了几十棵树,不只被定罪,还收到大几万的罚款!这位农场主名叫Dean Zordan,他损坏
澳内城公寓超要价$50多万成交,百年仓库革新而成,卖家夫妇“十分满意”(组图)
昨天(4月10日),墨尔本内北区Brunswick一栋仓库革新屋的成交额远超预期,比要价高出逾50万澳元。据RealEstate4月10日报导,卖家具有Barkly St 2/393号这套住宅14年。房
同伙亵服中藏800万毒品出境!澳亚裔女参预贩毒被判7年,上诉“喊冤”被采纳
墨尔本一位亚裔毒贩被判入狱最少7年,她还自称是“Richmond女王”运送毒品的“士兵”,其减刑请求被法庭回绝。Thi Thuy Tam Tran抵赖犯有贩毒罪,2018年底,她被抓到在墨

Property Investment

Australia property Selling Hints | Sydney

澳大利亚Hi folks I recall ready somewhere about what are some simple tricks for making your place more attractive during a home open. Im seriously thinking of selling my little pad and want to maximise my efforts. Any hints greatly appreciated. 评论 ...

Property Investment

Australia property Re-zoning | Sydney

澳大利亚What would the chances of a NSW Local Council allowing a community titled development (homes, community buildings, etc) on an area zoned Protected Agricultural land? Does anyone have experience in this area? Looking at the local council LEP, ...