About
B&S Land was formed in 1999 to specialize solely in the sale of greenfield development land.
Frank Nagle, Andrew Egan and Callum Williamson make up the team at B&S Land, and between them have a second-to-none understanding of land, particularly the workings of Urban Growth Zoning (UGZ), Precinct Structure Plans (PSPs), and the particular and peculiar vagaries attached to same.
“We are able to accurately assess potential lot yield, development costings, planning timelines and future revenues to provide landowners with a very accurate value estimate, wherever their land maybe located”.
Our extensive national and international buyer-base, recent sales knowledge, research sponsorship and active involvement with industry groups such as UDIA (Urban Development Institute) ensures that we are always up to date with government planning policies, industry practices and more importantly, recent land sale values and who is buying.
Having now achieved some $9.53 Billion in greenfield land sales, the business has grown into Perth WA, NSW, Queensland and has recently completed its 5th national land transaction with the sale of Bingara Gorge NSW on behalf of Lend Lease at $226m.
“We don’t need to source new buyers – we have them in our data base as a result of our spread of sales campaigns throughout Australia.”
“The beauty of land is that we can use our skills and understanding of the planning and infrastructure process’s, to assess accurately yield outcomes, cost implications and thus profit margins to more correctly assess and elevate the lands value.”
Landmark
Events
1999
Our first major land sale
“Hilbro” – 80 Ha
1065 Plenty Rd South Morang
Sold to Australand for $16.5m
$200,000 per Ha or $20,000 per lot!
2002
The Victorian Government releases “Melbourne 2030” – A planning document to guide sustainable growth and manage Melbourne’s growth and development
2003
‘Mernda Villages” – 180 Ha
Plenty Rd Mernda
Sold to Stockland for $43.5m
2004
760 Bridge Inn Rd Doreen – 40 Ha
Sold to Mirvac for $23.8m
2006
The VPA (Victorian Planning Authority) is founded – formerly known as the Growth Areas Authority (GAA) to address the lack of coordinated planning and development across Melbourne’s Greenfields sites.
2007
FinCorp Portfolio – 127 Ha
A private, invitation only tender was extended to the major industry players in the sub-divisional land industry, resulting in three unconditional contracts and a sale totalling $104 million.
At the time the largest land transaction in Victoria.
2010
Due to population projections beyond those anticipated, the Victorian Government reviews the UGB and releases “Melbourne @ 5 million”
2011
MAB & GPC appoint B&S Land to seek a strategic partner for the residential component of the Merrifield development value circa $100m.
2012
The Victorian State Government approves an additional 6,000 hectares of land to extend the UGB to include areas considered ‘logical inclusions’ to the UGB by an independent Advisory Committee.
2013
B&S Land on behalf of the Victorian State Government sell the125-hectare former State Research farm in Werribee to the Satterley Property Group for $103m.
2014
“Plan Melbourne” released to integrate long-term land use, infrastructure and transport planning to meet the population, housing and employment needs for Melbourne’s growth to 2050.
2015
B&S Land achieved an industry milestone with over $1 billion in land sales for the year.
2016
The largest land sale offering in Victoria, the 5,000 Ha Eynesbury landholding sold via an International EOI campaign with 14 bidders.
Aviation Rd Point Cook site sold to Dahua Group for $75m
Mickleham Rd Mickleham sale to the Satterley Group for $105m
2017
Hacketts Rd Point Cook – 103Ha
Sold to Dahua Group for $180m
2018
B&S Land sell Thomsons Rd Clyde for $180m setting a new rate per Ha record in the Southeast corridor of Melbourne.
500 Old Hume Highway sold for $240m, the largest land sale in Victoria.
Frasers Property Group acquire The Grove Estate from Stockland for $203 million.
2019
Aviation Rd Point Cook – 98 Ha
Sold to Dahua Group for $140m
Stockland buy farm in Donnybrook Rd Donnybrook for $103m
2019
B&S Land national journey begins with the sale of the balance of the Satterley Groups 5,000 lot Austin lakes housing estate in Perth WA.
2020
On behalf of Oakland Communities, B&S Land sell the balance of the 6000 lot Providence Housing Estate in South Ripley Queensland to Stockland.
B&S Land sell Central Equity Tarneit project to Villawood for $182 million.
2021
On behalf of Lendlease, B&S Land sell the balance of the1500 lot Bingara Wilton project to Metro Property Group.
On behalf of IDA Property, B&S Land sell in Walloon SEQ the balance of Waterlea Housing Estate.
Today
Biggin & Scott Land has now transacted over $10 billion dollars in greenfield land sales and is the industry leader.