HiI have a similar development cooperative project on the go here on Queensland Sunshine Coast.  A DA in place and eight residential 2 and 3 bdrm apartments aimed at those wishing to downsize without loss of amenity and space.  Detailed figures are available and contributors join the trust by depositing $100,000.00 each which equates to 30% of t…[Read more]

Thanks Terry, yes legal advice and structure is absolutely essential to this concept.  Progressing with that now.