| The team at Richard Noble are continuously seeking land and development opportunities which will deliver added value to our clients’ property portfolios. Opportunities for acquisition include rural land on the urban fringe with future subdivision potential. This land is generally owned by long term proprietors who have held the land for many years and are wishing to realize their investment. Our partners value the integrity and our approximate 100 year track record of Richard Noble and recognize the guaranteed financial commitment Richard Noble can provide.Land that has already been zoned for future urban development is another key opportunity for acquisition. Astute landowners recognise the long term benefits that Richard Noble is able to provide.
Suitability of any property for development is carefully assessed by the Richard Noble team with master planned residential communities, medium density housing, retirement housing, industrial or commercial development all being considered as potential outcomes. A flexible approach in terms of the size and type of project ensures we consider any site which can demonstrate development potential. We are in the position to purchase development sites outright or develop properties under a joint venture arrangement with landowners. We have a successful track record of joint ventures which has resulted in joint venture partners achieving financial returns which may not have been achieved with an outright sale. |
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Acquisitions & Joint Ventures
