$8,000.00 Façade Upgrade Terms and Conditions
The information contained in this offer letter is correct as at 19 June 2018 but is subject to change without notice. The purchaser is to confirm the availability of this offer and currency of terms and conditions, prior to relying upon the offer in any way.
The sum of $8,000 inclusive of GST (“Façade Upgrade Sum”) may be provided by Johnson Developments Pty Ltd ABN 92 151 666 625 (“Developer”) to the purchaser (subject to terms and conditions) to assist the purchaser in upgrading the Façade* of a house constructed on land (“Property”) purchased within the Watagan Park Development in Cooranbong NSW (“Watagan Park”). The Façade Upgrade Sum is available to a purchaser in the event of:
- The purchaser entering into and completing a contract for the sale and purchase of a Property (“Contract”) in Watagan Park; and
- Where the purchaser has entered into a building contract for the construction of a house on the Property in Watagan Park with any one of the builders participating in the Watagan Park Display Village (“Build Contract”).
The Façade Upgrade Sum is available for all residential lots in Watagan Park, from and including Watagan Park Stage 2.7.
The Contract must be signed by the purchaser and, together with a deposit and a 66W Certificate, provided to the vendor’s solicitor noted on the front page of the Contract within fourteen (14) days of a sales advice being issued to the vendor’s solicitor by the vendor or its agent. All purchase prices are inclusive of GST unless otherwise stated. The Façade Upgrade Sum is not available in conjunction with any other offer and is not redeemable for cash or discount. The Developer reserves the right to amend the terms and conditions of this offer from time to time and without notice but agrees to be bound to comply with the terms of the offer current at the time of exchange of the Contract. Photographs, artist impressions and other images in any brochure relating to the Façade Upgrade Sum may show fixtures, fittings or finishes which are not supplied by certain builders or which are only available in some home designs provided by certain builders. For the avoidance of doubt, a purchaser shall not be entitled to the Façade Upgrade Sum should the purchaser not complete the Contract or not complete a Build Contract.
Release of Façade Upgrade Sum
The Façade Upgrade Sum shall be retained in a special purpose account operated by the Developer (“Nominated Account”) and released to the purchaser’s builder, after the purchaser submits to the Developer, a completed copy of a document provided from the builder with which they have entered into a Build Contract, confirming the upgrades to the Façade for a value of $8000 or more, including upgraded Façade materials that the purchaser has elected to include in its house design and stating the builder’s original façade materials that have now been upgraded (“Upgrade Form”).
Subject to the Developer’s Design Review Panel (“DRP”) certifying to the Developer that the façade specification reflected on the Upgrade Form is satisfactory (which the DRP shall do independently, at its own discretion and acting reasonably), and no earlier than the completion of the structure and fenestration of the façade wall[s] of the house under the Contract, the Façade Upgrade Sum shall be released from the Nominated Account to the builder with which the purchaser has enter into the Build Contract.
The Façade Upgrade Sum will be released to the purchaser’s builder within five (5) business days of written notification from the purchaser’s builder that the structure of the house and fenestration of the façade wall is complete.
*Façade – Façade only means and includes upgrades to the street facing elevations of the house (including corner lots) where the façade may be upgraded. Upgrade options may differ between designs provided by different builders. Each Purchaser should speak to their builder for a full list of inclusions for their selected package as well as what upgrades are available.