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CONSTRUCTION UPDATE

Last Updated: 9th April, 2020

On behalf of Villawood Properties, we would like to provide you with a construction update for our Rathdowne community.

Stages 1, 2, 3, 4
TITLED.

Stage 5
PRACTICAL COMPLETION ACHIEVED. SETTLEMENTS IMMINENT

Contact your solicitor and lender to prepare for settlement.

We are happy to advise the construction has now reached Practical Completion and we have passed all Authority audits and testing. We will be in a position to request Statement of Compliance over the coming week. Once the Statement of Compliance is obtained, we will be lodging all required documentation with the Land Titles Office to seek registration of Stage 5 Titles.

Once Titles are registered, settlements will commence. As previously advised, if you have not yet contacted your Solicitor and Lender in preparation for settlement, we recommend you do immediately.

Valuation access is available. The relevant information has been sent via our solicitors. Should you have any queries, please contact the Rathdowne Sales Team.

Stage 6
ENGINEERING APPROVED. CONSTRUCTION UNDERWAY.
Engineering plans have now been approved and construction has commenced with all preliminary earthworks already complete. Sewer construction is currently underway along with construction of drainage lines.

Stage 6B
ENGINEERING APPROVAL PENDING
Engineering approval is pending with Council. We anticipate to commence construction by June 2020.

Stage 7
ENGINEERING APPROVAL PENDING
Engineering plans are with Council for assessment.

Anticipated Title Timeframes:
Stage 5 – May 2020. Please contact your Solicitor & Lender.
Stage 6 – Q1 2021
Stage 6B – Q2 2021
Stage 7 – Q3 2021

View the latest Rathdowne site images here:

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