PROPERTY AND DEVELOPMENT ADVICE

Transport Oriented Development Program

 

Get property and development advice on NSW's Transport Oriented Development Program 

In Sydney's dynamic suburban landscape, the Transport Oriented Development (TOD) Program emerges as a transformative opportunity for property owners. This initiative aims to boost development density around 39 key transport hubs, offering significant potential for property value enhancement.

Key Highlights of the Program:

  • tod-program

    TOD Part 1

    • Areas within 1200 metres from 8 key stations are being planned and rezoned by the State Government.

    • Rezoning completion is targeted for November 2024.

    • Accelerated development approval available until November 2027.

    • Development approvals will last for two years to encourage early development.

  • station-rezoning

    TOD Part 2

    • When adopted will apply to areas within 400 metres from 31 stations.

    • Will allow apartments in all residential zones and local and commercial centres.

    • Key planning controls are floor space ratio of 3:1, 21m building height, no minimum lot size or width.

    • Announced program commencement – April 2024

Four Critical Questions

  • 1. Neighbours Price Sharing

    If you cooperate with your neighbours, are you getting a fair deal? The big risk of price sharing based on land area only is you losing value to them without knowing it.

  • 2. Dealing With Developers

    Do you want to be one of the many, many property owners that thought they negotiated a good sale to a developer when it’s actually a big win for the developer? Many developers’ business models rely on buying from confident but inexperienced property owners.

  • 3. Developer Door Knocking

    How often does a property owner without development experience do well out of a deal with a developer that knocks on their door? Almost never.

  • 4. Maximising Your Value

    Have you implemented any expert strategies to maximise your price?

Speak to one of our team today

Contact one of our advisors today to discover how we can assist you in navigating the TOD landscape and maximising the potential of your property investment.

  • The Property Owner Opportunity

    Many property owners in the targeted areas have an unprecedented opportunity to access very substantial uplift in property value, in some cases being multiples of the pre-TOD value.

  • The Property Owner’s Biggest Risks

    Property owners have detailed knowledge of their property and its value. Many try to deal with developers and cooperate with their neighbours, either directly or via an agent, without experience of property development.

    Those property owners are almost certain to gift value to the developers either in price or defective sale terms that costs them money and time.

    Cooperating with neighbours based on property land area is very often a flawed method and risks giving value and money that should be yours to a neighbour.

What our clients say

  • “Augusta supported us and then helped us to complete the lengthy and complicated negotiations, to the point when we signed the Development Management Agreement.

    They’ve always acted in our best interest with our constituency and with developers. In this situation, the best risk mitigation one can have is to ensure that you have the best advice you can get and rely on. And we did this with Augusta”

    Eva Ing | Chief Financial Officer
    Greater Sydney Conference of the Seventh-day Adventist Church

  • The Value of Professional Guidance

    In this dynamic context, strategic professional advice is invaluable. Seeking guidance from experts in property and development is crucial for navigating these waters effectively because they can help ensure that your decisions not only protect but also maximise your asset's value.

    As the regulatory landscape shifts in your favour, aligning with professionals who how to maximise value and minimise risk becomes essential. Their expertise can turn potential challenges into opportunities, paving the way for major value enhancement and a lasting wealth legacy.

Station Locations

  • - Adamstown station

    - Ashfield station

    - Banksia station

    - Berala station

    - Booragul station

    - Canterbury metro station

    - Corrimal station

    - Croydon station

    - Dapto station

    - Dulwich Hill station

  • - Gordon station

    - Gosford station

    - Hamilton station

    - Killara station

    - Kogarah station

    - Kotara station

    - Lidcombe station

    - Lindfield station

    - Marrickville station

    - Morisset station

  • - Newcastle Interchange

    - North Strathfield metro station

    - North Wollongong station

    - Rockdale station

    - Roseville station

    - St Marys metro station

    - Teralba station

    - Tuggerah station

    - Turrella station

    - Wiley Park metro station

    - Wyong station