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  1. Scott No Mates

    Development buyout

    Engage a valuer - in this instance the entire lot may well be more than the sum of the parts ie if everyone was to sell their strata on the open market they would realise less than if they sold in one block as a purchaser of one lot would pay less than someone looking to redevelop to the highest...
  2. Scott No Mates

    Development buyout

    Get independent advice for the collective and separately again for yourself (tailored to your situation). As the developer is purchasing a brownfield site they aren't interested in the existing improvements so your own valuations will only consider highest & best use. Having your own plans...
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