If you’re looking at developing but don’t have the know-how or financial capacity, Megara is now looking for landowners to share in 50/50 joint venture development projects.
Partner with the best.
Megara is an established property development and construction group with an unmatched reputation for building value throughout Western Australia. To date, Megara has completed over $200 million worth of projects throughout the state including a number of award-winning apartment developments.
Megara offers complete quality and cost control throughout every step. It’s an approach that’s delivered our projects on time and on budget, time and time again.
50/50 Joint Venture Development
How it works
This is an example of an existing development that was not viable for the landowner to take on alone. The landowner could not sell the land at the price they wanted and did not have the know-how or financial capacity to develop. By partnering with Megara, the project became possible.
Step 1: The owner brings the lot and equity from existing real estate. Step 2: Megara build and sell the apartments. Step 3 : Profit is split 50/50 between Megara and the owner.