How does the Lease Variation Charge reduction affect the cost of Missing Middle development?
The Lease Variation Charge (LVC) reduction lowers the cost of eligible Missing Middle developments by reducing the charge for varying a Crown Lease to allow additional dwellings. Eligible RZ1 and RZ2 developments can receive a 50% reduction in the codified LVC.
The Lease Variation Charge (LVC) reduction lowers the cost of eligible Missing Middle housing developments by reducing the amount payable when a Crown Lease is varied to allow additional dwellings. Eligible developments in RZ1 and RZ2 zones can receive a 50% reduction in the codified Lease Variation Charge, reducing the upfront cost of creating additional development rights.
Reference: Lease Variation Charge reduction for missing middle development - ACT Government
Link on the answer: https://www.act.gov.au/money-and-tax/grants-funding-and-incentives/lease-variation-charge-reduction-for-missing-middle-development
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| Dual Occupancy Q&A | #271 | agrees | 06/08/2026 |