In 2009 Matthew Belford and Jeffrey Garvey founded ID_Land.
Led by Matthew it has become one of the nation's fastest-growing diversified property companies ID_Corp. The group, which includes residential developer ID_Land, home builder Shape Homes, fund manager Title Capital and the over-50s land lease business Next Living, which was launched in March last year.
Matthew (pictured) set himself a 1000-home target in the first 12 months.
ID_Corp has finalised the acquisition of a 400-site greenfield land at Charlemont, 8km south of the Geelong CBD, which is its fifth in the Armstrong Creek growth area, joining ID Land’s sold-out and complete Watermark, the now-selling communities of Haymont and The Reserve, and Glenlee.
“This acquisition represents everything we look for in a site—a prime location, an ample number of residential lots for ID_Land and homes for Next Living, the prospect of medium-density stages for Shape Homes, and potential fund opportunities for our Title Capital investors,” Matthew said.
“We see a strong opportunity in the land lease model.
“For downsizers and older buyers it means a lower entry cost to secure a home, the opportunity to unlock capital by selling their established homes, the ability to lock and leave which will make travelling easier, a sense of community, and better connection to local family members who live nearby.”
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