ESTIMATED COMPLETION DATE – FEBRUARY 2018

MAY 2017

OVERVIEW :

  • Footings and concrete slab poured
  • BA Stage 1 approved
  • Plumbing certification is approved
  • All Mains, sewage, water and electricity connected

JUNE 2017

OVERVIEW :

  • Marketing material complete and ready for issuing.
  • Plumbing approval received
  • OP works approvals received and onsite works complete
  • Stage 1 building approval issued for lower level units
  • Stage 2 building approval awaiting QFES signoff
  • Footings to lower level to be poured and complete by 17thJune
  • Lower level ground slab pour scheduled for 21stJune.
  • Blockwork and formwork to follow once ground slab complete

 

JULY 2017

OVERVIEW :

Marketing material printed and circulated to buyer groups.

  • Structure complete for the first 2 levels (Apartments 1-4)
  • Civil works & footings complete for carpark slab
  • Formwork for level 3 suspended slab to begin on the 26 th  July
  • Structural columns to carpark to be installed by 27th July
  • Carpark Slabs scheduled to be poured by the 31st of July.
  • Project scheduled and on target for completion by January 31st

AUGUST 2017

OVERVIEW :

  • Units 1 – 4 blockwork now completed
  • Basement carpark complete
  • Blockwork for Units 5 and 6 under construction
  • All plumbing and services connected to Units 1-5
  • Uprights for supporting slab erected and ready for concrete pour
  • House to be relocated and renovated on completion of rear 8 Units
  • Completion Date: December 2017

 

SEPTEMBER 2017

OVERVIEW :

  • Basement Carpark Complete
  • House Will Be Removed To Temporary New Position
  • Ground Floor Block Work Due to Commence
  • Framework Due for Commencement
  • Top 2 Units Under Construction
  • Units 1 & 2  Plumbing installed
  • Units 3 & 4 Stripping from Formwork from Slab in progress
  • Completion Date:  On Time

SALES ACTIVITY:

  • 2 Expression of Interest Received

 

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OCTOBER 2017

OVERVIEW :

  • First 3 levels now complete
  • Level 4 suspended slab complete
  • Internal framing soon to commence on all 2 bdrm units
  • Windows and doors being installed on lower levels
  • Internal electrical and plumbing underway
  • Queenslander house is to be relocated to allow front of site substructural to commence

Sales Activity to date:

  • 2 sales
  • 4-5 interested parties on lots 1,3,4 and 8

Expected Completion date: February 2018

NOVEMBER 2017

OVERVIEW :

Current & Completed Works

  • Structure complete on all residential levels
  • House relocated into temporary position on top of level 4 structural slab
  • Driveway and basement excavation complete
  • Sheeting and setting complete on lower 2 levels

What’s coming up?

  • Footing and retaining for driveway ramp and remainder of basement
  • Formwork for structural beams to support original house
  • Curved blockwork
  • Sheeting and setting to remaining apartments
  • Fit off to internal carpentry (skirtings and architraves to windows and doors)

Weather report:

  • 3 “wet days” in the past month

Completion date

  • Expected completion date – February 2018

Total Apartments: 10 – Sales Activity/Update:

  • Apartment 2 – Under Contract
  • Apartment 4 – Under Contract
  • Apartment 8 –  Contract Issued
  • Apartment 9 –  Reserved with EOI
  • Apartment 10 – Reserved with EOI

Tier 1 Sales Group converted enquiry on Lots 4&8 and currently have buyers considering Lots 1&3 and expect confirmation prior to Christmas. A local strategy is being initiated with relaestate.com.au to close out the balance of stock and may entice any investment groups to commit their buyers to the properties being accessible to the general public. This campaign will run through December/January periods.

DECEMBER 2017

OVERVIEW :

Current/completed works:

  • Curved driveway to basement being poured
  • Pedestrian access stairs to basement poured
  • Structural beams that support the original house have been formed and poured
  • Internal tiling and carpentry underway

What’s coming up?

  • House to be relocated early 2018
  • Construction begins on top floor apartments
  • Joinery/Cabinetry to be installed into lower 8 apartments
  • Floor Coverings installed throughout
  • Internal painting begins early Jan 2018

Sales Status:

  • Apartments : 2,4,7 and 8 – Under contract
  • Apartments 9 and 10 – Reserved under expression of interest (EOI)
  • Current sales are above estimated sale price during acquisition
  • Project is on budget

Completion date – March 2018

JANUARY 2018

OVERVIEW :

Current/completed works:

  • Curved driveway to basement Complete
  • Pedestrian access stairs Complete
  • Structural beams that support the original house are in place and house in fixed in final situ
  • Internal tiling and carpentry completed on Units 2 and 4 complete

What’s coming up?

  • House has been relocated and internal carpentry has commenced
  • Construction and formwork has commenced on top floors
  • Project is on budget
  • Joinery/Cabinetry has been installed in:
    • Unit 2
    • Unit 3
    • Unit 4
    • Unit 5
  • Floor Coverings installed in month of February :
    • Unit 2
    • Unit 3
    • Unit 4
    • Unit 5
  • Internal painting has commenced and complete on the following Units:
    • Unit 2
    • Unit 3
    • Unit 4
    • Unit 5

Sales Status:

  • Apartment 2 – Under Contract
  • Apartment 4 – Under Contract
  • Apartment 8 –  Under Contract
  • Apartment 7 – Under Contract

Expression of Interest (EOI)

  • Apartment 9

FEBRUARY 2018

OVERVIEW :

Current /Completed Works

  • All joinery has been installed in lower 8 apartments
  • Roof trusses have been installed and roof has been installed
  • Floor coverings in all 2 bedroom apartments have been laid
  • Shower screens wardrobes and tiling complete to all wet areas
  • Balustrade to all rear facing apartments
  • Scaffold removal underway
  • Final certification process has begun

What’s coming Up

  • Internal services being installed to Apartments 9 & 10
  • Scaffold removal to continue
  • Lift installation in 2 weeks
  • Sheet, set and paint apartments 9 & 10
  • Utility connections and final commissioning to get underway

Sales Activity:

  • Apartment 2: Under Contract
  • Apartment 3: Under Contract
  • Apartment 4: Under Contract
  • Apartment 7: Under EOI
  • Apartment 8: Under EOI

Marketing :

With 8 weeks left until completion we have 3×2 bedroomed apartments and the 2 x 3 bedroom apartments remaining. Active marketing has ceased temporarily while we complete the 2 bedroom apartments however we are still confident of having all 2 bedroom apartments sold prior to completion. As construction progresses on the 3 bedroom apartments we continue to introduce the owner/occupier enquiry to these apartments with private site inspections.

Weather Report:

  • 6 “wet” days in past month

Expected Completion Date:

  • May 2018

MARCH 2018

OVERVIEW :

  • House relocation complete
  • Construction has begun on top floor apartments
  • Internal painting to commence
  • External tiling underway

What’s coming up?

  • Joinery/Cabinetry to be installed into lower 8 apartments w/c 21/2
  • Roof trusses are being fabricated and expected to be installed by end of Feb
  • Roof sheets and windows to follow truss installation
  • Floor coverings will be installed throughout once joinery installed
  • Internals mostly complete
  • Balustrade install and scaffold removal
  • Project is on Budget

Weather forecast

  • 8 “wet days” last month

Sales Status:

  • Apartment 2 – Under Contract
  • Apartment 4 – Under Contract
  • Apartment 8 –  Under Contract
  • Apartment 7 – Under Contract

Expression of Interest (EOI)

  • Apartment 9
  • Apartment 10

With 8 weeks remaining until completion we have 2×2 and 2×3 bedroom apartments remaining. Enquiry is still consistent and confident that all 2 bed apartments will be sold prior to completion. As construction progresses on the 3 bed apartments introduction will commence to owner occupier enquiry  with site inspections over the coming weeks.

Expected completion date:

  • April 2018

APRIL 2018

OVERVIEW

  • Internal Services being installed Apartments 9 & 10
  • Sheeting underway for Apartments 9 & 10
  • Scaffold removal continues
  • Lift installation underway
  • External Balustrades complete
  • Utility connections and final commissioning to get underway

What’s Coming Up:

  • Final builders clean to apartment 9
  • External Landscaping to ground floor apartments
  • Lift installation to continue
  • Sheer, set, sand and paint apartments 9 & 10
  • Scaffold removal and construction of stair access to apartment 9

Weather:

  • 4 wet days in last month

Completion dates:

  • Expected completion date – Late May 2018

 

Sales Status:

  • Under Contract: Apartments 2,3 & 4
  • Reserved on EOI: Apartments 7 & 8

Sales Updates:

With 8 weeks left until completion, there are 3×2 bedroom apartments and 2×3 bedroom apartments remaining. Active marketing has ceased temporarily whilst 2 bedroom apartments are completed. Confidence is high that all 2 bedroom apartments will be sold prior to completion. 3 bedroom apartments are still being introduced to owner/occupier enquiry with private on-site inspections.

MAY 2018