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February 19, 2022
What Can You Expect?
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INDUSTRY EXPERT
Our Industry Experts present on topics relevant to you and address the challenges that you will face on your property development journey
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REAL DEAL
These are members of the community presenting their own deals, showcasing the good / bad and the sometimes 'ugly'
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MASTERMINDING
Our very unique Masterminding process where we help you to overcome your current challenges so that you can achieve a successful return
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+ NETWORKING
Don't forget the after meeting drinks...where many a JV partnership is found and at times this part can go for as long as the formal meeting, so be sure to get a 'leave pass' to join us!
Deeds Of Partition & Reducing Stamp Duty (Richie Muir) + Real Deal (Wendy Macdonald)
Bringing together the collective knowledge & experience of your local community to assist you in progressing on your Property Development journey.
Richie Muir
Richie is an experienced lawyer specialising in property law (and in particular property development work) across multiple states. He is the legal director at Lawlab (www.lawlab.com.au) and leads a national team of lawyers and conveyancers that has managed over 45,000 transactions throughout Australia in the last few years. Richie has also recently joined the board of PIPA (Property Investment Professionals of Australia) so is well established to provide the right advice even on the most complex of matters.
Industry Expert
We've been on the hunt for an Expert who can talk about Deeds Of Partition for some time now, and we're EXCITED to let you know the day has arrived!
What is a Deed Of Partition I hear you ask….?
Simply put…it's a way to structure a deal IF one of the property owners wants to retain ownership of one or more lots after the project is completed and could SAVE YOU paying thousands of additional Stamp Duty.
BUT….you MUST understand it's uses, and more importantly it's limitations.
Not obtaining THE RIGHT legal advice (specific to your own circumstances) at the start of your projects from someone well versed on the topic can be a VERY costly mistake.
And that's where Richie Muir, our Industry Expert from Lawlab comes in!
In his presentation, Richie will cover…
- What are Deeds Of Partition and why are they used?
- When can Deeds Of Partition be used?
- Comparison of Stamp Duty treatment when partitioning land in NSW, VIC & QLD
- Some worked examples of partitioning of land
So if you want to know the 'ins and outs' of using a Deed Of Partition to your advantage, and ensure you know how to CORRECTLY use this VERY HANDY tool for your next Development, then this is the presentation for you!
What is a Deed Of Partition I hear you ask….?
Simply put…it's a way to structure a deal IF one of the property owners wants to retain ownership of one or more lots after the project is completed and could SAVE YOU paying thousands of additional Stamp Duty.
BUT….you MUST understand it's uses, and more importantly it's limitations.
Not obtaining THE RIGHT legal advice (specific to your own circumstances) at the start of your projects from someone well versed on the topic can be a VERY costly mistake.
And that's where Richie Muir, our Industry Expert from Lawlab comes in!
In his presentation, Richie will cover…
- What are Deeds Of Partition and why are they used?
- When can Deeds Of Partition be used?
- Comparison of Stamp Duty treatment when partitioning land in NSW, VIC & QLD
- Some worked examples of partitioning of land
So if you want to know the 'ins and outs' of using a Deed Of Partition to your advantage, and ensure you know how to CORRECTLY use this VERY HANDY tool for your next Development, then this is the presentation for you!
Wendy Macdonald
Wendy's a Property Investor & Developer aka 'wheeler & dealer' and has been doing deals in New Zealand and Australia for over 40 years. She worked for a Developer full time in Australia for 5 of those years, managing the design and construction phase of their land subdivisions. Wendy loves the 'hustle' that Property and Property Development provides, and has even written a book to help women build wealth through property development.
'Real Deal' Presentation
Our Real Deal comes from Wendy Macdonald and was a 1 into 2 lot Subdivision with MANY many twists along the way!
This one was a DOOZY….and with so many learnings, Wendy has gone as far as changing the way she structures ALL of her deals for the future.
Located in Mooloolaba on 750m2 zoned Medium Density, this site was initially approved for a 1 into 3 lot Subdivision, and whilst a great design outcome for the smaller lots was initially achieved, Wendy quickly realized that unless she could successfully build a quality product on such a small block, AND that someone would actually buy the product being created, then it would be a 'NO DEAL'!
Compounded further by the slope of the land, Wendy's Builder #1 thought the blocks were unworkable, so she quickly pivoted her strategy and decided to sell the deal on with the approved DA.
She successfully sold the site with a $100k non refundable deposit paid upfront, BUT…as the pointy end of the deal arrived…'aka' Settlement Day….the Buyers were UNABLE to settle, and subsequently lodged legal proceedings to stop their deposit being refunded and put a caveat over the house…Oh dear!
Long story short…this deal does have a hidden silver lining, and don't you worry, Wendy will be sharing all the 'gory' details on the day!
So come along to hear how Wendy's 1 into 3 lot Subdivision, whilst initially caught up in 'litigation land' for 12 months, ended with a 1 into 2 lot Subdivision, and is a good case study on being able to retire off one site - if it's the RIGHT outcome!
This one was a DOOZY….and with so many learnings, Wendy has gone as far as changing the way she structures ALL of her deals for the future.
Located in Mooloolaba on 750m2 zoned Medium Density, this site was initially approved for a 1 into 3 lot Subdivision, and whilst a great design outcome for the smaller lots was initially achieved, Wendy quickly realized that unless she could successfully build a quality product on such a small block, AND that someone would actually buy the product being created, then it would be a 'NO DEAL'!
Compounded further by the slope of the land, Wendy's Builder #1 thought the blocks were unworkable, so she quickly pivoted her strategy and decided to sell the deal on with the approved DA.
She successfully sold the site with a $100k non refundable deposit paid upfront, BUT…as the pointy end of the deal arrived…'aka' Settlement Day….the Buyers were UNABLE to settle, and subsequently lodged legal proceedings to stop their deposit being refunded and put a caveat over the house…Oh dear!
Long story short…this deal does have a hidden silver lining, and don't you worry, Wendy will be sharing all the 'gory' details on the day!
So come along to hear how Wendy's 1 into 3 lot Subdivision, whilst initially caught up in 'litigation land' for 12 months, ended with a 1 into 2 lot Subdivision, and is a good case study on being able to retire off one site - if it's the RIGHT outcome!
Event Location
February 19, 2022
Colmslie Hotel
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Pricing & Ticket Options
Pricing & Ticket Options
'Existing Annual Member' (Included for you, simply RSVP below)
'Casual Attendee' ($25 for 1 meeting only)
'Annual Member' ($250/year)
OR.....If it's your FIRST TIME
You can trial our PDN Annual Membership for JUST $1!
'Existing Annual Member' (Included for you, simply RSVP below)
'Casual Attendee' ($25 for 1 meeting only)
'Annual Member' ($250/year)
OR.....If it's your FIRST TIME
You can trial our PDN Annual Membership for JUST $1!
February 19, 2022
**Space Is Limited - RSVP NOW**
Partners & Affiliates
Partners & Affiliates
