Are Halls Properties' stands serviced?
All proclaimed township stands are fully serviced (water, sewer, electricity, telecommunications, and access). These improvements ensure that land is ready for immediate construction with no need for further infrastructure development.
Future development stands, that are in a planning phase, will be serviced before transfer of a property.
Are there any specific conditions related to property ownership in the Riverside Precinct?
Yes, all property owners are required to become a member of the Riverside Park Precinct Association and pay a monthly levy that contributes to the management of the Riverside City Improvement District (CID).
What is a city improvement district (CID)?
A CID is a defined geographic area where property owners pay an additional levy to fund supplementary services that improve the public environment. In the Riverside CID, these include:
- Urban management that addresses the upkeep of infrastructure, signage, street lighting, and landscaping.
- Enhanced public safety with additional security services and camera surveillance to reduce crime.
- Cleaning and maintenance of public spaces.
- Marketing and place-making, promoting the precinct and businesses within the precinct and creating a positive brand.
What are the benefits of owning a property located within the Riverside CID?
The Riverside CID provides proactive urban management services for property value retention and growth.
The benefits of owning a property within this well-managed precinct include:
- Attractive investment destination where additional services and an improved environment lead to increased property values and rental yields.
- A desirable address for property owners and tenants.
- Improved safety and security through camera surveillance and an active security presence.
- Quality of life and quality of business enhancements that include improved public spaces, cleaner streets, well-maintained infrastructure and street lighting.
- Sustainable urban practices including environmental conservation and efficient management of resources.
Has environmental authorisation been obtained for serviced stands?
Yes, environmental authorisation is a prerequisite to developing a stand and every land purchaser will be required to adhere to the conditions of the environmental approval and environmental management plan for the particular land parcel purchased.
Is Halls Properties’ landholding subject to any urban design controls?
Properties located within the Riverside Precinct are subject to specific urban design controls which are shared with prospective purchasers and included in a sale agreement when a property transaction is concluded. Compliance with the precinct urban design framework is managed by the CID management agent.
What is the process for purchasing and transferring ownership of a stand?
The process typically involves the following:
- Identifying a suitable development property and obtaining confirmation of zoning and development controls to ensure that these allow for the planned development.
- Negotiating and agreeing the terms of the sale.
- Signing a sale agreement.
- Payment of the purchase price and transfer fees which are held in trust by the transferring attorney until the transfer registers in the office of the Registrar of Deeds.
- Signing transfer documents generated by the transferring attorney.
- Transfer of the property in the office of the Registrar of Deeds where a new title deed will be issued to the purchaser.
Strauss Scher Inc Attorneys is Halls’ appointed conveyancing firm for all commercial transactions.




