Built Form Downstream Partnerships – Market Sounding | East Lismore

⁠⁠⁠Landcom is seeking to meet with experienced home builders and residential contractors to introduce a split contract, downstream partnership model opportunity to deliver a range of well-designed housing types at our East Lismore development. The new neighbourhood will deliver at least 400 homes, with Stage 1 alone expected to deliver around 100 homes.

Following this Market Sounding opportunity to gauge interest and suitability, we'll progress with a formal Expressions of Interest process.

What we’re proposing

We’re seeking to engage a small number of home builders and residential contractors through an Early Contractor Involvement (ECI) process to:

• collaboratively develop a limited suite of agreed home designs (terraces/townhouses, semi-detached, detached, buyback house relocation and renovation)
• agree specifications and pricing upfront
• progress to a downstream partnership that provides exclusivity to construct agreed homes on defined superlots (typically 20+ homes).

East Lismore Stage 1 - Crawford Road view

How the model works

• Landcom delivers fully serviced lots (for semi-detached and detached products) and superlots (for terraces/townhouses).
• Purchasers buy land directly from Landcom.
• Purchasers contract directly with the nominated builder under a standard Home Building Act–compliant building contract, possibly funding construction through progress-payments under their home loan (Landcom is not a party to the building contract).

For superlots destined for terraces/townhouses, Landcom lodges and secures built form DA aligned with co-agreed design; construction can be staged and triggered once a minimum number of homes are sold within a superlot.

What the approach offers builders

• A predictable pipeline of work without landholding, sales, finance or development risk.
• Clean contractual arrangements and direct customer relationships for home construction.
• Repeatable products that improve construction efficiency and cost control.
• Potential for the partnership to extend to the rest of East Lismore project(s) and beyond East Lismore to other Landcom or NSW Government projects.

If this opportunity aligns with your business, we welcome a short discussion to outline the model in more detail and understand your preferred way of working.