Frequently Asked Questions
What sort of ownership are these properties?
Some of the properties will be sold as stratum in freehold, also known as a unit title. This is the same concept as purchasing a property with full ownership of the house and land in the general market, but available at discounted prices.
A portion of the properties will be sold in the form of shared equity through our First Home Partner programme, which will eventuate to freehold ownership.
When will these homes be available?
These apartments are anticipated to be completed and ready for move in late 2026.
How much are the Body Corporate costs per annum?
Body Corporate fees are yet to be determined but are estimated to sit around $2,500.
What does the Body Corporate fee cover?
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Building insurance
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Repairs and maintenance to common areas
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Ground maintenance of common areas
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Electricity and water supplied to common areas
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Rubbish collection (from rubbish collection bay)
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Administration of the Body Corporate
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Long term maintenance plan (subject to Body Corporate approval)
If I decide to purchase, how much deposit do I have to pay?
5% deposit to be paid on going unconditional.
What parking will be available?
A car park can be leased at an additional cost (around $45 a week) – there are slightly fewer parking spots than apartments and these will be leased on a first in, first served basis.
We anticipate some residents who work close by to use a bicycle or public transport rather than a car.
Are there any storage facilities?
Each apartment will have an allocated storage unit within the communal area for items such as a bicycle.
How sound-proof are the apartments?
The acoustic parameters of the building will meet, if not exceed, the building code.
What are the chattels in these apartments?
The apartment will include a dishwasher, rangehood, oven/stove and heat pump.
Still have questions?
Enquire Now
Contact us and let us help you through the purchase process