Tuesday, 27 May 2014

Land ahoy!

Virtually a 5 minute drive from our residence lies the Banksia Grove Estate. It has been under development steadily for the past 7-8 years and this is still ongoing in full swing. Every month or so, the developer releases between 10 and 15 lots of land, to be titled in six months' time.

On 18 May 2014, we put down a deposit on a plot of land in Stage 22 of the land release. Stage 22 was actually released in February 2014 with titles expected in July. The only reason we got it was because it was linked to a house and land package with a project builder (More about that later). Ergo, they'd locked it up and it was flagged on the estate website as "sold". We investigated the builder's design, liked what we saw, assessed it as suitable for our budget - particularly because of the plot of land.

So, off we tramped to the estate land sales office, plonked down our deposit and signed a contract to buy Lot 3641, Farnese Way, Banksia Grove, all of 300 m2. Don't bother looking it up on Google Maps - it doesn't yet show on there, although the road itself is in place with road signs, etc.

Since we managed to get land from the February release, we don't need to wait for six months, with titles expected in July. 

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