Land trading option
- The model has been developed by Landcom in consultation with the VRMPD Riverstone Sub-Committee.
- At this stage the model is conceptual only and is subject to Landcom Board and Government approval.
- Subject to the rezoning of the land, the model would offer one way for landowners to develop their land.
- The model allows landowners to pay for their share of the development costs with part of their land as an alternative to an upfront payment.
- Development is unlikely to occur unless a large number of landowners participate.
- An example of how the concept could work is shown below.
