Tooradin
Overview:
Innovista Group was engaged to provide consulting and advisory services for the acquisition of a broadacre block in Tooradin, located within a Green Wedge Zone but positioned close to the Urban Growth Boundary. The client sought to secure the land as part of a buy-and-hold strategy, anticipating potential future uplift in value due to its strategic location. Innovista’s role involved conducting a thorough site assessment, advising on the optimal acquisition structure, and providing long-term strategic guidance on potential returns.
Innovista Group’s Role:
Innovista Group provided high-level Consulting, Due Diligence, and Strategic Advice throughout the acquisition process. The team’s expertise in navigating complex land acquisitions within Green Wedge Zones was critical in ensuring that all risks were identified and mitigated early on. Innovista also worked closely with the client to structure the deal in a way that maximised flexibility for future development opportunities while minimising upfront risk. The project required careful negotiation with multiple stakeholders, including vendors and business partners, as well as addressing environmental concerns related to the site’s zoning. Innovista’s ability to manage these complexities ensured that the client was able to proceed with confidence.
Outcome:
The Manks Road acquisition was completed successfully, with the client securing a valuable landholding at a competitive price. Innovista Group’s strategic guidance has positioned the client for potential future returns as urban growth continues to expand towards Tooradin. The client was highly satisfied with the outcome and remains well-positioned for future opportunities.
"Theo and Innovista's strategic advice was instrumental in our Green Wedge land acquisition. Their thorough due diligence and long-term planning insights gave us confidence in our investment. We highly value their expertise in navigating complex land transactions."
Jeremy C – Director | Manks Road Pty Ltd
Client
Manks Road Pty Ltd
Location
Tooradin, VIC
Project Value
$5M
Project Status
Complete
Project Highlights
Strategic Location
The site is located in a Green Wedge Zone but is in close proximity to Melbourne’s Urban Growth Boundary, making it a prime candidate for future uplift as urban expansion continues.
Risk Mitigation
Innovista conducted comprehensive due diligence on the site, identifying key factors that could impact its future value. This included environmental assessments and zoning considerations to ensure the client’s risk exposure was minimised.
Corporate Structuring
Innovista advised on the best structure for the acquisition, tailored to the client’s specific needs and long-term investment strategy. This included selecting an appropriate legal framework to accommodate both equity and debt partners involved in the transaction.
Project Highlights
Strategic Location
The site is located in a Green Wedge Zone but is in close proximity to Melbourne’s Urban Growth Boundary, making it a prime candidate for future uplift as urban expansion continues.
Risk Mitigation
Innovista conducted comprehensive due diligence on the site, identifying key factors that could impact its future value. This included environmental assessments and zoning considerations to ensure the client’s risk exposure was minimised.
Corporate Structuring
Innovista advised on the best structure for the acquisition, tailored to the client’s specific needs and long-term investment strategy. This included selecting an appropriate legal framework to accommodate both equity and debt partners involved in the transaction.