Question 1

How can we ensure that we do not pay GST on the purchase?

Accepted Answer

To avoid GST payment, the recommended process involves setting up a lease under a different entity than the one used for purchasing.

Question 2

Once a contract has been issued, how long do we have to get it reviewed and signed?

Accepted Answer

Typically, you'll have 7-10 days to review and sign the contract.

Question 3

Who are the builders competing for the tender?

Accepted Answer

The project is in its final stages of obtaining CC (Operational works). Once secured, the project will proceed to tender, and a builder will be contracted for development.

Question 4

What does the fit-out entail upon handover?

Accepted Answer

The fit-out details are outlined as per the schedule of finishes.

Question 5

What are the Body Corporate fees and any other outgoings?

Accepted Answer

Details regarding Body Corporate fees and other outgoings will be provided at the time of contract finalization, which is expected to be ready next month.

Question 6

Are there any signage restrictions?

Accepted Answer

Signage restrictions are in accordance with the specifications detailed for each unit and main tenant signage.