LIVINGSTON CENTRAL STAGE 2
Livingston Central is currently being sold as a house and land package. This means that the purchaser will enter into an offer and acceptance on the land and a building contract for the house. The packages range from $329,000-$358,000 fully completed ready to move in.
STAMP DUTY
Stamp duty is payable on the land price only. No stamp duty is payable on the building contract. The saving of the stamp duty on the total price of the package is about $7,000.
LAND
The Strata titles have been issued and settlement on the land will be early October 2008. The land area ranges from 219 to 231sqm.
HOMES
There is a choice of 6 house designs ranging in size from 150sqm total area for a 2 bedroom, 2 bathroom homes up to 154sqm total area for a 3 bedroom, 2 bathroom home. All homes have a double lock up garage.
External brickwork and colours are all fixed in line with the development application. All internal colours are for the purchasers to choose from the builders range.
BUILDER
Impressions the Home Builder has been selected as the builder for Livingston Central project. All building contracts are at a fixed price. Should there be any increase in construction costs this will be at the developers cost (and not the home buyers).
CONSTRUCTION
Construction work will commence in the first week of November 2008 and all homes shall be ready for the purchaser to move in July 2009.
FINANCE
A $5,000 deposit shall be paid when entering into a contract and a further $5,000 shall be paid within 30 days.
Progress payments under the construction of your new home are as follows:
Slab down 12.5%
Brickwork complete 28.5%
Roof cover 20%
Plaster set 29%
Completion 10%
We can direct you to several finance companies who can assist with your financial requirements.
FIRST HOME BUYERS
Livingston Central is suitable for the first home buyer. This is where you won't pay stamp duty and also receive the $7,000 first home buyers Government grant.
INVESTORS
Rental returns are expected at $360 per week according to Hegney Property Valuations.