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Our Deal Making Ability

The key to Massland's long term success has been our ability to piece together intelligent transactions that meet the needs of all the parties involved. We look to minimise the risk attached for the buyer throughout our acquisition and due diligence process. We are the leading pioneers of obtaining development sites through utilising property options within Australia.

This means we can either pass on the time required to the developer to be able to obtain an effective development approval on the property or deliver the site with a Development Approval in place.

For the owner of the land we ensure we add value to their property through the Development Approval process as quickly and as effectively as possible upfront. We do everything within the council guidelines and town plan through understanding and fulfilling the council's needs first and foremost. It is this method of reverse engineering the Development Approval process that has been consistently successful over the past 9 years.

Due Diligence Process

1. IDENTIFICATION OF POTENTIAL DEVELOPMENT SITE
   • Is there a higher and better use for the site?
   • Is this a fair market value? (using a minimum of 4 agents comparables and RP Data to assess)
   • Is the site within current zonings and town plan for the proposed development? (Code Assessable)
   • Is the site in close proximity to transport links?
   • Is the site close to infrastructure? (Schools, shopping malls etc)
   • Is the site reasonably flat?
2. FURTHER RESEARCH CONDUCTED ON THE SITE
   • Are services in close proximity (water, sewerage, communications etc)
   • Ensure there are no barriers or restrictions to development (bush fire, flooding, environmental etc)
   • Assessment of competition in the area (are we acquiring at a competitive rate?)
   • What is the depth of the market here? Is there good demand and sales flows?
3. FEASIBILITY CONDUCTED
   • Initial feasibility needs to provide at least 25% Profit on Cost (Includes: Development Program, Net Realisation, Development Cost & Profit)
4. CHECK LEGALITIES OF THE SITE
   • Title searches, caveats etc.
5. OPTION SITE
   • Option term of 24 months or longer (Subject to an effective DA)
6. DUE DILIGENCE
   • Pre-lodgement meetings with the local council
     Engage architect and relevant consultants if required
7. DO WE NOW SELL THE SITE TO THE MARKET?
   • Do we now sell the site raw to the market or lodge the DA? YES - Approach targeted buyers/ groups NO - Proceed to engage consultants for full reporting for DA submission
8. DA SUBMISSION
9. DA OBTAINED
10. DO WE NOW SELL THE SITE TO THE MARKET?
    • YES - Realise profits from valuation and the on-sell NO - Proceed engage contractors for quotes for building the project
11. OBTAIN BA
12. CONSTRUCTION PROGRAM
13. COMPLETION (SELL TO MARKET)