DJ ToTo in Brisbane, Queensland, Australia | Party & entertainment service

DJ ToTo

Locality: Brisbane, Queensland, Australia

Phone: +61 405 405 888

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21.01.2022 For the first time ever TRANCEFORMATION is moving to the main room for a unreal night of ridiculously good trance ft its biggest line up till date! Join us for... the official return of dancing this Thursday night alongside our very own music master Taglo and local titans Avana Cruise (Gloria Ansell) , Lacky, Panic93 , Jake Ellis & T-FUNK Tickets: www.subrosa.club/events TRANCEFORMATION | THU.NOV.19 | Sub Rosa

21.01.2022 Best night last night at Sub Rosa for my beautiful friend Tanisha’s birthday

20.01.2022 Today’s the day we had to wait To have fun until it’s late We understand and can relate If you’re straight or in a state... Be on time would be great To come along and be my mate

14.01.2022 I am (DJ ToTo) doing the closing 1:30-3:00 to celebrate a special event and will be playing some of the finest uplifting-progressive-techno-trance ... Inbox me for guest list. $20 for one entry and 2 drink on arrival ....

11.01.2022 One of the best INTROs I have made

10.01.2022 ACQUISITION Of all the phases in a property development project, acquisition is by far the most critical. In fact, not only it is the only phase a developer may... choose not to go ahead with the project but rather where he/she decides to go ahead with it the developer’s choice determines the final profit of the whole project (as the purchase price is based on the property development assumptions contained in the developer’s feasibility, see previous post). Once committed to buy, the project variables such as the site yield, the execution cost, the as complete resale value etc do not change. They are what they are. What can change though is only the purchase price or more precisely a different purchase price can be offered. For this reason, developers spend a lot of time working on their due diligence and feasibility to ascertain the final outcome of the project. WHAT CONTRACT TERMS CAN I GET? There are many ways of making a purchase of land, bearing in mind that the more conditions or the more onerous the conditions are for the seller, the less negotiable the seller may be on the purchase price. Generally, the higher the risk the lower the price and vice-versa. CASH UNCONDITIONAL To obtain the lowest purchase price a 30 day settlement cash unconditional contract may be required. However, there is no way out for the developer in case the site does not allow for the expected development. SUBJET TO DUE DILIGENCE The next possible offer may contain only a due diligence period (normally 14-30 days) after which if the due diligence condition is satisfied the contract becomes unconditional and settlement takes place in a short time. In this case the due diligence my also include a finance pre-approval, a soil test, a council pre-lodgement meeting etc. SUBJECT TO APPROVALS Next in line maybe a contract subject to satisfactory development approval to be obtained at the buyer’s cost. In this case the developer has the discretion to continue with the contract once the development approval is issued, hence reducing the project risk substantially. However, in case the approval is not to the developers satisfaction and the developers choose not to proceed the developer would lose a substantial sum of money spent for the development approval and often a non-refundable deposit paid to the seller who otherwise would not agree to a long waiting period. SPECIAL CONTRACT TERMS In specific cases where there are particular issues affecting a site for example protected vegetation, or the need to access a lawful point of charge, or there is an easement affecting the site, or a road resumption, etc. in addition to or in lieu of a development approval condition a specific condition to satisfy or resolve or deal with a specific issue as mentioned above might be added to the contract. In most cases it would be the developers negotiation skills and the seller’s commercial mind-frame the ultimate keys to find suitable contract terms so that the seller can obtain the best and highest price for the site whilst the buyer takes on a reasonable and manageable risk. CALL OPTIONS Amongst other forms of acquisition it is worth mentioning options and specifically call options and put and call options. In a call option the buyer does not purchased the property but has an option to buy the property at a particular price in consideration of paying an option fee. This suits speculative buyers who see the opportuniutyu to on-sell the site to another buyer (technically assign the option) for an higher price than the option price and make a quick profit. In case the buyer does not find another buyer for an higher price the buyer can let the call option lapse and the buyer will have no obligation to purchase the site; however the option fee paid to the seller is often forfeited. PUT AND CALL OPTIONS In a put and call option instead both the buyer and the seller have each an option, the buyer to buy and the seller to sell from and to each other making in this regard this form of option more similar to a standard contract as a buyer cannot walk away from contract as in a call option because the seller has also an option (a put option) to enter the contract with the buyer. This form of option suits those who have not decided yet on the buyer’s legal structure, for example when there are multiple investors to propose the project to because, unlike contracts assigning an option as opposed to assigning a contract to another party does not attract double stamp duty.