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.
21.07.21
JULY CONSTRUCTION UPDATE
03.05.21
MAY CONSTRUCTION UPDATE
15.02.21
CONSTRUCTION UPDATE
09.02.21
INTRODUCTION
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.au | www.lovelight.com.au
YOUR SETTLEMENT CO-ORDINATOR
TANIA TORRES
Settlement Co-ordinator
tania@settlement-solutions.com.au
0477 015 826
Proudly presented by
COPYRIGHT PROPERTY SETTLEMENT SOLUTIONS 2021
ALL RIGHTS RESERVED
WWW.SETTLEMENT-SOLUTIONS.COM.AU
