Home Futures
The Future of Homes
HOW IT WORKS
1. Selection and Purchase of Shares
Investors select a property from the proposed lot plan and purchase shares in that specific property. This entitles them to an interest in the property from day one, with all rights and entitlements protected under the Land Sales Act.
2. First Right of Refusal
As part of their investment, investors are granted a First Right of Refusal Deed. This deed gives them the exclusive right to enter into a contract to acquire the eventual land lot at an agreed price. Should the investor decide not to purchase the land lot, they can sell the already issued property shares that relate to the proposed lot to another buyer. If the land sale is not to a nominated buyer under the First RIght of Refusal Deed the investor agrees to have a $10,000 capital reduction from the share purchase price.
3. Development Management
Shareholders appoint Homecorp to undertake the development management of their future homes. Homecorp, with its expertise in construction and project management, ensures that the development proceeds smoothly and efficiently, adhering to the agreed specifications and timelines.
4. Maintaining Property Interest
Throughout the development process, the shareholder’s property interest remains intact. This means they retain all rights and benefits associated with the property, even as the lot is developed and transformed into a residential unit.
5. Flexibility and Security
If any changes occur during the development process, such as adjustments to the lot size or unforeseen construction modifications, shareholders are offered alternative options that align with their original investment values and preferences. This flexibility ensures that their investment remains secure and aligned with their expectations.*
*IF for any reason the Proposed Lot land sale is not to a nominated buyer under the First RIght of Refusal Deed the investor agrees to have a $10,000 capital reduction from their share purchase price.
By becoming shareholders in the development, investors directly engage in the real estate market, benefiting from potential appreciation and rental income once the property is completed. This model eliminates the need for a traditional funds manager, streamlining the investment process and providing direct ownership and control over their real estate assets
WHO'S INVOLVED
CURRENT LOCATIONS
- Cotswold Hills, Toowoomba
Spanning a generous 24 hectares, this meticulously master-planned community unfolds in stages, thoughtfully laid out in 300 individual lots. This picturesque setting integrates harmoniously with a locally-adored recreation park and a nature reserve that threads itself organically throughout the neighbourhood. Fully-equipped with all modern amenities, including town water, sewer, power, and NBN connectivity, the community embodies a seamless fusion of comfort and convenience. Experience the tranquility of nature and the luxury of well-planned living in this scenic neighbourhood, all while retaining easy access to the necessities of everyday life.
THE SALES TRANSITION
