Frequently Asked Questions

No. You are investing capital to fund a property development project and you receive returns upon completion. You do not receive ownership of any of the properties constructed in the project unless you choose to buy a property as a separate transaction.

Our projects utilise a Special Purpose Vehicle (SPV) structure. The SPV functions as a legal entity which collectively represents all parties in a project, and the SPV owns the development site.  As it is a separate legal entity, if the parent company goes bankrupt,  the special purpose vehicle can carry on.

Yes. Each project is an independent entity and is unrelated to any other projects currently being managed by LightForm. Monies from one project are not used for other projects. You may invest in multiple investment opportunities depending on the amount of capital you have to invest and our current availability. 

 Yes. To ensure that your SMSF investment is compliant with ATO regulations, we recommend engaging the services of licensed professionals to assist if you have not already done so. 

We suggest contacting us to discuss directly. The legal structure we use to undertake a project has a limit on the number of parties that may participate in the project, and so we only accept a small number of partners who meet the capital requirements. 

Each project offers a different return to partners based on the feasibility study we have conducted for that project.  Each opportunity’s Information Memorandum outlines this detail.

The developer will put forward the required cash equity to fund the development application and construction. Security on the property will be required to protect the developer's investment.

If this occurs during the development application,

• DA has been lodged and approved, the land owner may carry on with the development themselves or sell the property with an approved DA at a premium.  

If this occurs during construction,   

• No risk to the joint venture partner
• The project would be funded to see it through to the end
• The joint venture partner can hire a project manager to see the project to completion

GST is typically paid by the development project on the finished product.

Yes. If it does not require an amended development application (e.g. solar panels, electric car charger, in built fridge/freezer). Costs for the additional items will be deducted from any final cash payment. 

You benefit from the uplift in value.

There are risks associated with undertaking property development projects and, the materialisation of these risks could delay and/or reduce expected returns on that project.  We mitigate this risk by evaluating and completing a detailed feasibility.  It is recommend you seek professional advice on how this might impact your individual circumstances.