Anticipated Settlement Timings

Levels 1-14 Settlement complete.
Levels 15-19  Called for 5th May.

SETTLEMENT SNAPSHOT

VALUATIONS

Open for all levels

PURCHASER INSPECTIONS

Open for all levels

OCCUPANCY CERTIFICATE

Issued for all levels

TITLES

Issued for all levels

CALL FOR SETTLEMENT

Settlement called for levels all levels

LATEST SETTLEMENT UPDATES

26.04.22
APRIL SETTLEMENT UPDATE

Settlement has now been called for all levels. Your legal representative has been sent a notice regarding settlement.

Please see the Owners Corporation manual via the link below.

This manual contains all the information you need in regards to booking your move in, connecting your utilities and any other queries you may have.

 Valuable contact details for the Owners Corporation, the Building Manager and the Concierge are also listed in this manual.

Once settlement has been confirmed your keys will be available from the Building Manager Michael Italia between the hours of 9am and 3:30pm.

Please note keys can not be handed over until the vendor’s legal representative has confirmed settlement.  This can be up to an hour or so  later than when you have received notification.

Please ensure the person collecting the keys has photo ID and is the registered owner of the apartment or has a signed authority by the purchaser authorising that person to collect the keys on the purchaser’s behalf.

The person collecting the keys will  have to check the key box contents and sign a form acknowledging all keys and any fobs and remotes are contained in the key box.

Valuations are open for all  levels  at the moment and we will send out an email once your apartment is ready for purchaser inspection.

Please feel free to contact Tania with any questions you may have about your upcoming settlement. You can contact Tania on 0477 015 826 or email her at tania@settlement-solutions.com.au.

31.03.22
MARCH SETTLEMENT UPDATE

Settlement has now been called for levels 1-14. Your legal representative has been sent a notice regarding settlement.

Please see the Owners Corporation manual via the link below.

This manual contains all the information you need in regards to booking your move in, connecting your utilities and any other queries you may have.

 Valuable contact details for the Owners Corporation, the Building Manager and the Concierge are also listed in this manual.

Once settlement has been confirmed your keys will be available from the Building Manager Michael Italia between the hours of 9am and 3:30pm.

Please note keys can not be handed over until the vendor’s legal representative has confirmed settlement.  This can be up to an hour or so  later than when you have received notification.

Please ensure the person collecting the keys has photo ID and is the registered owner of the apartment or has a signed authority by the purchaser authorising that person to collect the keys on the purchaser’s behalf.

The person collecting the keys will  have to check the key box contents and sign a form acknowledging all keys and any fobs and remotes are contained in the key box.

Valuations are open for all  levels  at the moment and we will send out an email once your apartment is ready for purchaser inspection.

Please feel free to contact Tania with any questions you may have about your upcoming settlement. You can contact Tania on 0477 015 826 or email her at tania@settlement-solutions.com.au.

16.12.21
DECEMBER CONSTRUCTION UPDATE

We are excited to bring you an update on Park Avenue.

The building is now well past lock up stage and many of the apartments below level 14 now complete cleaned and doors have been locked ready for inspections.

Park Avenue is expected to settle in two stages.

1. Levels 1-12 anticipated settlement Early March 2022.

2. Levels 13 and up Early April 2022.

Valuations are anticipated to commence for levels 1-13 Mid January with uppers levels ready for valuation Early Feb.  We will send you an email once your apartment is ready for valuation.

Please note all timings are anticipated until settlement has been called.

Purchaser inspections at this stage are anticipated for levels 1-13  in Mid February with the higher levels to follow shortly after.

We will send you an invitation to our online booking system once your apartment is ready for inspection.

We would also like to wish everyone a very safe and happy holiday season and a great start to 2022.

Please feel free to contact Tania with any questions you may have about your upcoming settlement. You can contact Tania on 0477 015 826 or email her at tania@settlement-solutions.com.au.

 In the meantime, please feel free check out the frequently asked settlement questions or drop Tania an email. Please also have a look at the new photos posted below.

29.10.21
OCTOBER CONSTRUCTION UPDATE

We are pleased to report that work is ramping up onsite now the Government’s restrictions have finally eased.

The last few months of heavily restricted numbers onsite and the complete shutdown of the construction industry for 2 weeks has taken a toll on the project’s anticipated timing.

Please note all timings are anticipated until settlement has been called.

At this stage the anticipated timings are:

Levels 1-5 anticipated completion is February 2022;

Levels above 5 anticipated completion is March 2022.

We will update you as the building progresses toward completion and we will provide further timing updates as they come to light.

Please feel free to contact Tania with any questions you may have about your upcoming settlement. You can contact Tania on 0477 015 826 or email her at tania@settlement-solutions.com.au. In the meantime, please feel free check out the frequently asked settlement questions or drop Tania an email. We look forward to helping you out along your settlement journey at Park Avenue.

03.09.21

SEPTEMBER CONSTRUCTION UPDATE

We hope you are staying safe and well during this extended lockdown.

Construction is still moving ahead however at a slower pace given the Victorian Government’s 25% of workers onsite.

Despite this the following is the latest status of works:

Structure is complete

Façade installed on all levels except 18 & 19

Wall framing complete up to level 15. Wall lining complete up to level 13.

Ceiling lining installed on level 12.

Painting commenced up to level 8.

Joinery installation commented on level 7.

Stone installation commented on level 4.

Appliances installed up to level 2.

At this point it is hard to provide a timeline for anticipated settlement.  We will be in a better position to advise on timing and any possible delays once construction has resumed at a more normal capacity.

Please feel free to contact Tania  with any questions you may have about your upcoming settlement. You can contact Tania Torres on 0477 015 826  or email her at tania@settlement-solutions.com.au.
 
 In the meantime, please feel free check out the frequently asked settlement questions or drop Tania an email. We look forward to helping you out along your settlement journey at Park Avenue.

21.07.21

JULY CONSTRUCTION UPDATE

Work is continuing at a steady pace onsite at Park Avenue.
 
The concrete structure is nearing completion, with facade installation completed up to level 9
 
Wall framing is now complete up to level 6 and wall sheeting has been installed up to level 4. Wall stopping and sanding is complete on level 1.
 
You should now be considering your finance options and speaking with your lender about the anticipated December completion and settlement timing.
 
We would advise you have a pre- approval in place in Late October/Early November with Bank Valuation inspections anticipated to start Mid November at this stage.
 
Please feel free to contact Tania Torres with any questions you may have about your upcoming settlement. You can contact Tania on 0477 015 826 or email her at tania@settlement-solutions.com.au.
 
 In the meantime, please feel free check out the frequently asked settlement questions or drop Tania an email. We look forward to helping you out along your settlement journey at Park Avenue.

03.05.21

MAY CONSTRUCTION UPDATE

Construction has been steaming ahead onsite at Park Avenue.
 
The concrete slab had been poured on level 11.
Window installation and services rough in has commenced on the lower floors.   
 
Wall framing and lining on the ground floor has commenced and the lift core is up to level 15.
 
Please feel free to contact Tania Torres with any questions you may have about your upcoming settlement. You can contact Tania on 0477 015 826 or email her at tania@settlement-solutions.com.au.
 
 In the meantime, please feel free check out the frequently asked settlement questions or drop Tania an email. We look forward to helping you out along your settlement journey at Park Avenue. 

15.02.21

CONSTRUCTION UPDATE

Construction on-site is progressing well with settlement on track on anticipated for December 2021, subject to the affect of COVID restrictions. 
 
The structure on level 3 is now completed with the lift well and stairs now reaching up to level 6. 
 
Feel free to check out the 2 new photos added to the construction photos below. 

09.02.21

INTRODUCTION

Hi there , we’re Property Settlement Solutions, welcome to the settlement updates page for Park Avenue!
 
We’re appointed by the developer to assist you in your settlement journey, from now, right up until you collect your keys. You can think of us as your settlement concierge; we’re here to help however we can and point you in the right direction with your enquiries. 
 
You’ll hear from us a bit during your settlement journey, and this is where most updates will be posted – the settlement update page. On this page we’ll be sharing construction updates, photos, letting you know when valuations and Purchaser Inspections are available, as well as some helpful tips and advice to assist you with a smooth settlement.
 
Although we’re quite knowledgeable about the settlement process, we aren’t trained legal professionals. We’ll leave that to your conveyancer. They will be able to look after questions about your contract of sale, stamp duty or other legal aspects of your settlement.
 
For your journey Tania Torres will be your settlement co-ordinator. You can contact Tania on 0477 015 826 or email her at tania@settlement-solutions.com.au.
 
 In the meantime, please feel free check out the frequently asked settlement questions or drop Tania an email. We look forward to helping you out along your settlement journey at Park Avenue. 

CONSTRUCTION PHOTOS

SETTLEMENT JOURNEY STAGES

CONSIDER FINANCE OPTIONS

At about 3-4 months before settlement you should start to narrow down what financial options you have to settle.

Will you settle by cash, get a home loan, or maybe a combination?

Should you choose to finance with a loan, we recommend you appoint a broker to assist you with your applications.

VALUATIONS
BEGIN

We'll let you know once your apartment is ready bank valuations will be available, usually there are required as part of your loan application.

For purchasers bringing money into Australia, make sure you have set up an Australian bank account and begin transferring your money.

PURCHASER INSPECTIONS

At this point construction on your new home is almost complete. We will send you an invite to conduct your pre-settlement inspection.

Any defects picked up in your inspection, will be noted and passed to the builder to begin addressing.

PRE-SETTLEMENT PERIOD

Once your inspection is complete the next stage is to wait for the Occupancy Permit and Titles to be issued so settlement can be called.

Your finance, either cash transfer or Bank loan, should be finalised and ready for settlement.

During this time the builder will continue to address any defects where possible.

SETTLEMENT
DAY

Once settlement is called your conveyancer will assist you in preparing for your settlement.

Make sure your loan has been finalised and your cash is ready.

Once your settlement is complete the keys to your new home will be available to collect.

POST
SETTLEMENT

Your settlement has been finalised.

We'll pass on details of the move in process and helpful information so you can get ready for your new home.

Your dedicated Owners corporation/ building manager will now be your point of contact & assist you with settling in to your new home.

SETTLEMENT RESOURCES

WINDOW FURNISHING OFFER

We are pleased to inform you that Lovelight have been selected as the recommended window furnishings company for Park Ave Apartments.  Lovelight have taken the liberty of pricing the development as a whole, meaning a more competitive price for everyone. By consulting with Lovelight for your window furnishings you can finalise the electrical requirements for your apartment to enable motorised window furnishings.

Please click on the link below for further information and package overview: 

Lovelight Pricing Brochure – Park Ave SWP

Please proceed to the Lovelight Website https://www.lovelight.com.au/builder/developments/park-ave/  to view package pricing and order your blinds. Simply enter the login details below and follow the prompts:

Username:  Your Email Address

Password: PARKAVE

All blinds quoted adhere to the specific guidelines set out in the by-laws of the buildings, which are established to maintain the overall look and feel of the whole development.  Further, the interior colours of your blinds in their packages have been handpicked by the project design team specifically for this project.

If you order and pay in full by 15/01/2022, Lovelight will offer you a further 15% discount.  If you wish to proceed please purchase through the website, or please complete the Letter of Acceptance on the final page of the proposal and return to Lovelight. 

If you wish to discuss in further detail, or would like to book an appointment to have a customised consultation, please do not hesitate to contact Lovelight directly on the number or email below:

The Lovelight Team
1300 025 950 | online@lovelight.com.auwww.lovelight.com.au

YOUR SETTLEMENT CO-ORDINATOR

TANIA TORRES
Settlement Co-ordinator

tania@settlement-solutions.com.au 
0477 015 826

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