Blackstone Waterhouse
10 October 2024
Blackstone Waterhouse is proud to announce the successful completion of Jacaranda Residences, a landmark 133-apartment development in Carlingford, created by Masscon, a leading name in property development and construction. This milestone marks a significant achievement for our client, and we are honoured to have been an integral part of the project from inception to completion, providing key legal support across the entire development lifecycle.
About Jacaranda Residences
Located in the vibrant and growing community of Carlingford, Jacaranda Residences offers a modern, stylish living experience with a focus on luxury and sustainability. Designed to meet the needs of a diverse range of residents, the development features one, two, and three-bedroom apartments, offering a blend of comfort and practicality with state-of-the-art amenities. With an emphasis on community and lifestyle, Jacaranda Residences sets a new benchmark for residential developments in the region.
Masscon’s vision for this project was to create an appealing, high-quality residential space that would enhance Carlingford’s urban landscape while offering future residents a thriving community. Blackstone Waterhouse is proud to have contributed to the success of this vision by providing legal expertise and strategic guidance at every stage of the project.
Our Role Throughout the Development Lifecycle
Blackstone Waterhouse specialise in providing comprehensive legal services for property, real estate, and development projects, and our work with Masscon’s Jacaranda Residences was no exception. We were involved from the early planning stages to the final sales, providing tailored advice and support to ensure the project’s success.
Planning and Property Advice
Our involvement began with providing planning and property advice throughout the entire development cycle. From navigating local government regulations to addressing zoning requirements and environmental considerations, our team ensured that Jacaranda Residences complied with all necessary planning approvals. This careful legal groundwork laid the foundation for a smooth and successful development process, helping Masscon manage risk and remain compliant with all legal obligations.
Off-the-Plan Sales
As Jacaranda Residences took shape, we advised Masscon on off-the-plan sales, a key element in the success of large residential developments. Our legal team drafted and reviewed the sales contracts, ensuring that they protected Masscon’s interests while offering clear terms for buyers. Off-the-plan sales can present unique challenges, but our guidance ensured that the process ran smoothly, and the legal documents provided the necessary protections for all parties involved.
Funding Advice
Funding is one of the most critical aspects of any property development, and we provided comprehensive advice on funding for the Jacaranda Residences project. From securing financing, structuring the funding arrangements, and managing risk in relation to project finance, our team ensured that Masscon had the legal backing needed to navigate this complex area. Our focus was on aligning the financial strategy with the development timeline, ensuring no unnecessary delays occurred and that the project remained financially secure from start to finish.
Complex Titling Advice
In large developments like Jacaranda Residences, complex titling issues can arise, especially when it comes to strata developments. We provided detailed titling advice to ensure that Masscon could effectively subdivide the property into individual apartments, manage common areas, and resolve any related issues. Our goal was to make sure that the titling structure supported long-term sustainability for the development and protected both the developer and future residents.
A Successful Partnership for Future Growth
The completion of Jacaranda Residences marks not only the successful delivery of a high-quality residential development but also a testament to the strong and collaborative partnership between Masscon and Blackstone Waterhouse. Our involvement throughout the project’s lifecycle ensured that legal elements were managed efficiently, contributing to the project’s overall success.
We are excited to continue supporting Masscon in their future developments, and we look forward to working together on more projects that shape the future of urban living in Australia.
If your development project requires expert legal guidance from concept to completion, Blackstone Waterhouse is here to help. We specialise in property, real estate, and development law, ensuring that your project meets every legal requirement while maximising your commercial success.
Reach out to our team today to learn more.