Commencing in Stage 1D of Macnamara is a portfolio of available, registered land from which builders can select and commit to building detached homes.

The program aims to deliver completed homes to offer buyers more housing choices with an alternate purchasing solution to acquire a new home without the commitment and experiences of the traditional contract home-building process.

The opportunity offers eligible builders preferential access to a supply of land. Delayed settlement terms provide builders with an extended timeframe to advertise the homes for sale in the best attempt to secure a buyer, even before the commencement of construction and therefore nominate the buyer, transfer the land and secure the buyer under a build contract.

Proposed Timeline:

• Friday 15 November 2024 – RFT applications open
• Friday 6 December 2024 – RFT submissions close with block packages and prices assessed
• Friday 13 December 2024 – Winning Tenderers notified, block packages confirmed, and Put & Call Options
  issued
• Friday 20 December 2024 – Put & Call Options executed and returned