A Joint Venture is an agreement where two or more parties, form an interim partnership to share in the assets, knowledge, and, of course, profits for a specific purpose.

In this instance it is where the Land Owner has either Development Approval or intending to obtain DA for his/her land forms a partnership with Mainz Developments the Builder for the specific purpose of completing the project. The amount of contributions are worked out on the individual merits of each project be it financial or property.

In the latter case if the land owner is not familiar with how to obtain DA, East Coast Project Management, A Division of the Mainz Group has the experience of dealing with Local Councils, Town Planners etc to achieve it. We also have the experience and professional know how to deal with acquiring finance - the banks require a proven track record and Mainz have the resources to help with this. The Land Owner & Mainz acquire the funding together.

These are some of the advantages of entering into a joint venture: increase profits, extend or begin your portfolio, reduce overall costs of project, reduce risk, attaining a professional builder who has an interest in the project, speed and efficiency in the completion of the project, and very few if any variations. Depending on what you want from your business and how fast you want to get there, joining forces to create your dream life may be an attractive option.