Joint Ventures

A joint venture is an agreement by two or more parties, generally characterised by shared ownership, shared returns and risks. 

Many landowners across Australia own real estate with the potential to develop, yet are unable to capitalise.  Reasons for untapped development potential are extensive but usually it is due to not knowing where to start.  Other contributing factors are not having the resources such as capital or the time needed to undertake the project and the confidence to complete the project on time and within budget. 

 
We invest in joint ventures directly with land owners.  In many cases people who own land that is suitable for development do not know who to engage throughout the development lifecycle .   

By joining the resources of two or more parties, together we may be able to achieve what may not have been possible otherwise.

We meet many owners who find themselves living in a home that is no longer suitable for their needs and difficult to retrofit or adapt.  LightForm can help property owners develop their land at no cost to the owner, by subdividing into multiple lots and building the owner a new home.   

Simply, you provide the land and we provide the rest.  In many cases the owner has the opportunity for additional financial gain on the completion and sale of the project. 

Key Aspects of a Joint Venture Include:

- A Development Management Agreement to outline how the JV will work 

- The land owner retains legal ownership of the land throughout the project

- Land is transferred to a buyer once it is developed

Each development project is unique and has individual requirements.  When working directly with owners we are highly sensitive of your needs.  We want to understand your goals and motivation so that we can ensure that the right working relationship is forged from the onset of any new venture.

The Advantages of a Joint Venture with us:

- Stay in the neighbourhood you know and love

- Access to an experienced team of development consultants

- No additional financial outlay by you to fund construction

- Rental assistance provided during the build 

- No additional stamp duty, real estate sales commissions, builders margins or relocation costs

- A brand new energy efficient home with less maintenance and upkeep, one that suits your needs well into the future

- LightForm funds and manages the entire pre-development & development process