November 2020 Update
Celebrating success across the estate and gearing up for a big end of year close with settlements occurring in multiple stages!
| Stage | Status | Expected Title Date |
|---|---|---|
| Eden Release A & B | Statement of Compliance | Mid – Late November 2020 |
| Grace Release A, B & C | Statement of Compliance | Late November 2020 |
| Pinnacle Release | Statement of Compliance | Late November 2020 |
| Monier Riverside Release | Construction Commencement | August 2021 |
EDEN A & B AND GRACE A, B, & C
On Monday 21 September, all lots within Eden Release A & B successfully achieved Practical Completion! A huge milestone for the project and testimony to the Gen Fyansford team’s perseverance despite COVID19 delays and tough market conditions. Currently, we are closing out final items prior to Statement of Compliance, following which Titles will be registered and Settlements called. Settlements are expected mid – late November. We advise all purchasers to keep on the lookout for future communication from your legal representation advising Settlement commencement.
Excitedly, all lots within Grace A, B, & C releases achieved Practical Completion last month on Thursday 15 October! This brings us one step closer to welcoming these purchasers into their dream home within the Gen Fyansford community. Similarly, to Eden A & B, we are closing out final items prior to Statement of Compliance, following which Titles will be registered and Settlements called. Settlements are expected mid – late November. Please regularly check for communication from your legal representation advising Settlements have begun.
PINNACLE RELEASE
We are proud to report that all lots within our Pinnacle A, B, & C releases achieved Practical Completion on Thursday 29 October! The Statement of Compliance is expected to be issued mid-late November for Pinnacle A and late November for Pinnacle B with Settlements to follow shortly afterwards for both releases. Your legal representation should be in touch in the coming weeks advising Settlements have commenced.
MONIER RIVERSIDE RELEASE
For all Monier Riverside purchasers, we can now announce that construction is due to commence this month! A very exciting step for the project signifying the final construction commencement for our last residential stage east of the Moorabool River. Stay tuned for more updates coming!
UPCOMING RELEASES
For those still looking for the perfect lot to begin building their dream home, we can excitedly share with you we have been working behind the scenes to launch fresh, new lots to the market soon. Interested parties should email genfyansford@rpmrealestate.com.au for information and to ensure they don’t miss out on having their first pick of our newest releases.
PREPARING FOR SETTLEMENTS
Have you recently lost your job due to COVID19? Or are experiencing other financial difficulties? Have your circumstances changed unexpectedly since purchasing your lot?
We understand a lot can change between purchasing and settling your lot and we are here to help you!
If you need additional help or guidance, please contact our friendly Gen Fyansford team at your earliest convenience at GenFyansford@rpmrealestate.com.au. Our passion is helping people build their forever home and we cannot wait for you to join our Gen Fyansford family!
Time Lapse Video
Check out our latest construction time lapse video below for a glimpse into the progress we made over August 2020!
From start to finish, construction & approvals
During construction, there are many stages that need to be completed, not all of them visible on site. Behind the scenes, we work with a range of consultants and contractors to co-ordinate planning, approvals and audits to see your stage progress to issue of titles.
The chart below includes, but not limited to, the stages in construction that you may see mentioned in your updates and the email notifications that will be sent to you in preparation for settlement.
1 Construction Approval
Council and other authorities give approval to detailed plans to enable works to commence on site.
2 Site Establishment
Earthmoving machinery do a site scrape, levelling the land and preparing the site for surveying and trenches to be dug for services.
3 Civil Works
Drainage, gas, water and sewer construction followed by road, pavement and kerb works. The final stage is the laying the electrical and optic fibre cables.
4 Practical Completion
Council inspection to confirm all works are complete.
5 Authority Audits Conducted
Following practical completion, the stage must be inspected by a range of authorities (water, gas, power etc) before Council can issue a Statement of Compliance.
6 Title Issue Lodged
Stage Lodged at the Titles Office once a Statement of Compliance has been issued, the stage can be lodged at the Titles Office for registration.
7 Plan Registered (Titles Issued)
With titles formally issued each lot is now registered as an individual property and available to be transferred to the new owner at Settlement. Our legal team will contact your conveyancer to arrange settlement which is due 14 days from the issue of titles.