Discover A Joint Venture With Martello™
At Martello™, we specialise in coordinating joint ventures with landowners to guide them through the property development process and create wealth through real estate. For those who are interested, we wanted to share with you this process, providing you with a comprehensive understanding of how our partnerships operate.
Initial Consultation
We begin by conducting an initial consultation with landowners who are interested in exploring joint venture opportunities. During this meeting, we discuss their property, their goals, and their vision for development. We also explain how our expertise and resources can support them throughout the process.
Property Assessement
After the initial consultation, we conduct a thorough assessment of the land. This includes evaluating its location, zoning regulations, market demand, and development potential. We analyse various factors to determine the feasibility and profitability of the project.
Joint Venture Agreement
Once we identify a mutually beneficial opportunity, we negotiate and draft a joint venture agreement. This agreement outlines the terms and conditions of the partnership, including profit sharing, roles and responsibilities, project timelines, and exit strategies. We ensure that the agreement aligns with the landowner’s objectives and provides a fair and transparent framework for collaboration.
Development Planning
With the joint venture agreement in place, we collaborate with the landowner to develop a comprehensive project plan. This involves engaging architects, engineers, and other professionals to design a concept that meets the landowner’s vision and maximizes the property’s potential. We also consider market trends and demands to create a competitive and attractive development.
Financing & Investment
As experienced property developers, we leverage our network and expertise to secure financing for the project. We explore various funding options, including our own capital resources. We work closely with the landowner to determine the most suitable financing structure and ensure a sound financial foundation for the project.
Project Implementation
Once financing is secured, we oversee the implementation of the project. This includes managing the construction process, coordinating with contractors and suppliers, obtaining necessary permits and approvals, and ensuring compliance with local regulations and quality standards. Throughout the development, we provide regular updates and maintain open communication with the landowner to keep them informed and involved.
Marketing & Sales
As the project nears completion, we develop and execute a strategic marketing and sales plan. Our experienced team promotes the property, engages with potential buyers or investors, and works diligently to achieve optimal returns. We strive to create a strong market presence and ensure that the property reaches its target audience effectively. Marketing platforms we utilise include realestate.com.au, our established social media platforms and website, banners, flyer’s, digital advertisements, professional interior styling, and many other means customised to suit our project.
Profit Sharing & Wealth Creation
At Martello™, we believe in fair and transparent profit sharing. As outlined in the joint venture agreement, we distribute profits in accordance with the agreed-upon terms. Our goal is to create wealth for both parties involved by maximising the property’s value and generating attractive returns on investment. Throughout the entire joint venture process, we prioritise collaboration, communication, and professionalism. We aim to guide landowners through every step of the development journey, providing them with the expertise, support, and guidance they need to navigate the complexities of property development and create wealth through real estate.
If you have been considering or wish to explore a Joint Venture partnership with Martello™ further, please connect with managing Director, Candice Hammer. We welcome all inquiries and look forward to hearing from interested individuals and working together to unlock the full potential of your property.
Candice Hammer
Managing Director
03 9909 5395