management lot definition
management lot means an allotment on a plan of subdivision not intended for final development or sale for final development and identified as such by Robina when lodging a plan of subdivision for approval with the Council and includes but is not limited to:—
management lot means a lot which is intended1 for further subdivisions or use other than a ‘residential lot’ or an ‘industrial lot’. By way of example a management lot includes the balance area of staged subdivisions (sometimes referred to as balance or residual lots), a lot which is approved for further development by way of subdivision (whether for residential, industrial or other purposes) or a lot which is approved for further development (eg erection of a multiple dwelling units, commercial building or other uses).