What type of property can I build on rented land?
Only single residential dwellings can be built on land rent blocks. Units or attached dwellings cannot be built on land leased under the scheme. Planning and quality controls applying to land rent blocks will be the same as for land held under traditional crown leases.
https://www.beyondbank.com.au/need-help/what-type-of-property-can-I-build-on-rented-land