Our Project
Burns Road Project: GCA
Gerard Coutts and Associates (GCA) are continuing with its appointment by Hobsons Bay City, to engage and work with the 200+ landowners of the Burns Road Industrial Estate, Altona. By the close of 2017, the Burns Road Land Owners Group was officially formalised as an incorporated association and, with a membership of 47% of the estate and, with the ongoing guidance and support of GCA the land owners group is working collaboratively towards the next stage.
https://www.gerardcoutts.com.au/land-assembly-land-owner-engagement
GCA is currently engaged by the Bridge Cookes Land Owners Group, to assist with a land assembly and development strategy for a forty (40) hectare site in the northern suburbs of Melbourne. GCA is currently preparing the development plan for submission to Whittlesea City Council.
Project Details
- The objective of land assembly is to maximise upon sale, the value or financial return of identified land within potential development growth areas
- The advantage of an “assembly strategy” is; land that has limited value as agricultural or individual land, gains increased worth via aggregation, formalisation and the establishment of a combined saleable development site.
- Individual land owners and local government can both benefit from this type of development strategy
- It requires vision, patience and a willingness to work collaboratively together to achieve a successful outcome for all stakeholders.