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News & Insights
Anticipated Completion Date:
Anticipated Settlement:
Builder:
Project Manager:
September 2023
Cedar Woods is pleased to provide you with the latest construction update at 88 Leveson.
The following works has now been completed.
Demolition
- Retention Works
- Bulk Excavation
- Site Remediation
- External infrastructure works.
The next stage of the construction will see the commencement of the following works.
Inground services
- Footings & Ground slabs
- Framing
We are excited to see the houses come out of the ground and take shape in the next few months.
We look forward to providing you with another update as the construction progress.
Settlement is expected occur in Q3 2024
Should you have any specific questions, please don’t hesitate to reach out to Sophia, our dedicated customer service team member, who will now be your primary contact and will be more than happy to assist you.
Sophia Garro – [email protected]
Project Progress
Demolition
100%
Structure
5%
Basement
100%
Fitout
0%
Settlement
Journey Stages
Journey Stages
01
Your Finance Option
Approximately three months before settlement you should confirm that the financial options offered to your at the time of sale, are still available to you to then settle.
If you’re looking for finance alternatives, we’re happy to point you in the right direction.
If you’re looking for finance alternatives, we’re happy to point you in the right direction.
02
Valuations Happen
Either the Settlement Company, the Project Manager or the Developer will let you know once your apartment is ready for your financiers valuer to now inspect.
03
Your Inspection
Our construction updates will countdown the time till settlement . The same settlement team that facilitated your valuers inspection will then invite you to conduct your own pre-settlement inspection.
You typically only get one inspection prior to settlement, so it’s important to make sure that everything is covered the first time.
Ensure you note any defects during your inspection and that they are then passed to the builder to begin rectification.
You typically only get one inspection prior to settlement, so it’s important to make sure that everything is covered the first time.
Ensure you note any defects during your inspection and that they are then passed to the builder to begin rectification.
04
The weeks leading up to settlement
Both your and the developers legal representation now liaise whilst the Occupancy Permit and Titles are issued. When this happens settlement will be ‘called’.
If you haven’t already done so , introduce your funder to your legal representative, ensuring that there are no last minute delays.
Check in with the settlement team to get an update on the rectification of those previously noted defects.
It’s important you know where the keys can be collected once settlement has gone through.
If you haven’t already done so , introduce your funder to your legal representative, ensuring that there are no last minute delays.
Check in with the settlement team to get an update on the rectification of those previously noted defects.
It’s important you know where the keys can be collected once settlement has gone through.
05
Settlement Day
Your own legal representative should advise you once settlement has taken place.
The vendors legal representative confirms with their own client that your property has settled and so the keys are then yours to collect – congratulations!
The vendors legal representative confirms with their own client that your property has settled and so the keys are then yours to collect – congratulations!
06
Following Settlement
You’ll need to take care of your services and get to know your groups Owners Corporation manager, so they can assist you with any queries or concerns going forward.