Considering selling your property, but not sure how to get the best outcome?
Do you think your property has development potential? Would you like to benefit from that potential though you don’t have the capacity to undertake the development?
Would locking in a market competitive price for your property, with plenty of time to find and prepare to move, be of value to you?
Our Process...
At Opland we are focused on identifying opportunities, solving problems, and meeting the needs of our clients, investor partners and individuals we deal with.
We are actively researching and identifying potential opportunities within property. If you own land or have invested in a property that you feel has development potential, then contact us, as we would be interested in having a discussion to understand the potential of your property and especially your needs moving forward.
We value time, and because of that we know that in negotiation it is not all about the money. So, we seek to find what works for all parties concerned when arriving at an agreement.
We undertake every discussion with property owners with the intent of getting to know you and understanding your personal situation and needs. We engage through listening, observing, asking questions, and clarifying understandings so that together we can find a solution that is beneficial for all concerned.
Our approach to acquisitions and development through an Option Agreement allows us to be creative and flexible, granting you the access to outcomes and returns that far eclipse most vendors’ expectations.
We execute projects on our own, or in joint venture with other investors or property owners.
If you want to discover your properties potential, Contact Opland today.
What is a property option?
An option on a property is an agreement made between a vendor (property owner) and a developer to exchange land for an agreed price, at an agreed time. It is important to note that an option enables a vendor to achieve an above market value for their asset.
Option terms are usually around 24 months, so you do not have to move right away and will have the luxury of plenty of time to find your next property.
The agreement between the vendor and developer is secured with a small option fee payable to the vendor.
Following this, a developer like Opland is granted a certain amount of time to improve the value of the land by obtaining a Development Approval (DA) from Council.
As a vendor, you will be a key beneficiary of the property option, because once the developer has the DA in place, it improves the value of the property and as the owner, until the property is officially purchased you are the direct holder of this improved value.
It is this ability to be able to improve the value of the property without the burden of initially purchasing the land, that allows the developer to share some of the increased value with the property owner. That value is shared through being able to offer an above market price.
As per the initial agreement between the vendor and developer, the property is then sold, and construction can commence.
