Introduction pack
- Lot/plan details and evidence of site control
- DA status or pre-DA advice letter
- Proposed GFA, unit count and programme
- Builder licence, insurance and recent projects
- Indicative capital table — equity, debt, contributions
Development cooperation with NSW builders.
Equity for land and construction where builder credentials, site control and planning pathway are evidenced.
Engagement model
Written joint venture before site access.
Introductory meetings are non-exclusive until documentation is agreed. Proceeding requires planning advice, QS review, builder checks and executed JV documentation.
Site due diligence
Survey, geotechnical and planning certificates obtained before unconditional commitment. Builder equity recognised in the JV schedule — not at heads of agreement.
After signing
Separate project accounts, monthly programme reports and QS-certified drawdowns. Sales follow the JV waterfall agreed in the deed. Builder equity is recognised at practical completion, not at heads of agreement.
Risk controls
Site access follows executed documentation. Variations above agreed thresholds need partner consent. Home Building Compensation Fund cover and contract works insurance are verified before the first construction draw.
Common questions
Development cooperation — FAQ
What must be in the introduction pack before a first meeting?
Lot/plan details and evidence of site control, DA status or pre-DA advice, proposed gross floor area and programme, builder licence and insurance, and an indicative capital table showing equity, debt and in-kind contributions. Incomplete packs may be deferred until fundamentals are evidenced.
When does the company commit equity?
After planning pathway review, QS feasibility, builder verification and execution of joint venture documentation. Land settles into a project SPV; construction equity is drawn against QS-certified progress only.
What site investigations are required pre-commitment?
Survey, geotechnical report, planning certificates and — where relevant — contamination, bushfire and flood assessments. Costs are typically borne by the proposing party or shared per heads of terms before binding documentation.
How are sales proceeds distributed?
The JV deed sets a waterfall: senior debt repayment, project costs, preferred returns if any, return of equity contributions, then profit share per agreed percentages. Practical completion triggers final reconciliation and distribution instructions minuted by unit holders.