Category: Property Development

Should you be using a developer entity?

We are often asked by our developer clients about the benefits of interposing a developer entity between a land owning entity and purchasers in a development. There are many benefits of using a developer entity…

Construction site compliance blitz

A recent State Government announcement revealed that due to recently observed COVID-19 impacts on the construction industry, the Industry Enforcement and Engagement Operation and Building Authority and Worksafe bodies will be conducting a 4-week long…

Thinking of nominating … be careful not to trigger additional stamp duty

The State Revenue Office of Victoria (SRO) has released a new revenue ruling (DA-064), which attempts to clarify the meaning of ‘land development’ in the context of developers nominating their ultimate purchasing entity and the…

Vendors and developers – Beware of Cooling Off risk

Many Vendors, including Developers, agree to accept payment of Deposit monies days or weeks after a Contract has been signed. So can a Vendor recover monies from a Purchaser who has ‘cooled off’ before the…

Is the office really dead?

So much has been written lately about the ‘new normal’ working environment in response to 5 lockdowns and months of working from home. The Age on Saturday July 17 published a well-researched piece with a…

Developers and property investors can’t catch a break

The Victorian government’s handing down of the 2021 budget has suggested that those who have profited from the COVID-19 pandemic will be punished, with Victorian Treasurer, Mr Tim Pallas, stating that the 2021 budget will…

Property Developers look out – Owners Corporation changes are coming

Shopping for an Owners Corporation Manager is the easy part. It is the juggling act of maintaining your vision as a Developer whilst continuing to act in the best interests of the Owners Corporation that…

2020 Vision and Returning to Offices

After nearly a year of working from home, returning 50% (and now 75%) of staff to offices is confusing. Do we want to go back to our offices? Do we work better at home? Do…

What’s next for Landlords and Tenants?

With the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (‘Regulations’) due to end on 28 March 2021, Landlords and Tenants are faced with interesting issues. Rent relief agreements Many Landlords and Tenants…

The top 7 changes to Victorian Retail Leasing

As if Victorian retail landlords and tenants didn’t have enough to contend with!  Now they must familiarise themselves (and quickly) with the new amendments to the Victorian Retail Leases Act 2003. Here are the top…

Important updates to Commercial Leasing Regulations

Just in the nick of time – the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 have been amended. The amendments take effect from 29 September 2020. Some of the most important changes…

Would you (and should you) purchase a property without seeing it?

COVID-19 has turned the world as we know it upside down and many things which were previously foreign to us have become the ‘new normal’. With the introduction of Stage 4 restrictions in Victoria, online…