General
|
|
No of strata titled units
in development
|
Stage 1 – Lot 23 – 37
units
Stage 2 – Lot 22 – 37 units
|
Date of estimated completion
|
Stage 1 – Lot 23
- April 2008
Stage 2 – Lot 22 - June 2008
|
Lease
|
A leaseback facility is
available for a selected number of lots for a period
of 12 months with a yield of 7.55%.
|
Management
|
On site caretaker.
Koala Blue Real Estate.
|
|
|
Financials
|
|
Body Corporate
|
$2000 per annum approximately
(payable by tenant)
|
Water Rates
|
Payable by tenant
|
Management fee
|
8.5% + GST
|
Deposit required
|
10% of sale price - deposit
bond acceptable (12 month)
|
| |
|
Contract Terms
|
|
|
Can be made subject to
a 21 day finance clause
|
Settlement
|
Settlement is 28 days
from registration of the Group Strata Plan
|