Stage 7 - Final Release
Now Selling
12 Blocks Ready To Build Upon
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WELCOME TO HEARTWOOD ESTATE
Heartwood Estate on the North Easterly side of Edgeworth off Brushworth Drive (behind McDonalds).
The estate consists of 81 near level benched lots that has been designed to take advantage of the elevated position with a panoramic outlook and include wide streets for easy moveability and feeling of space.
The lots have been benched to ensure you can build a slab home upon them and keep your builders site costs to a minimum, as well as ensuring that landscaping is also a breeze.
CONVENIENTLY LOCATED
Heartwood Estate is in a convenient location with a wide range of facilities only minutes away:
- Glendale Shopping Centre: Supermarkets, Specialty Stores, Restaurants, Cinema’s just 4 minutes away
- M1 Motorway just 6 minutes away
- Soccer, Football, Cricket and Athletics Fields all within 4-7 minutes
- 3 Registered Clubs including Bowling Club all within 5-10 minutes
- Major Transport Hubs including buses and trains close by
Stages 1, 2, 3, 4, 5 & 6 NOW SOLD OUT!
Stage 7 Now Selling
Stage 7 consists of 12 near level blocks being on the high
side of the road with all blocks having a sunny northerly
rear aspect and are from 450+ square meters with at least a 14 meter frontage.
With the blocks being fully complete you are seeing exactly
what you are purchasing rather than buying a block of land
in a paddock with pegs where things can change beyond
your control.
Whilst the construction work has been mainly completed the
land has not yet been registered with the NSW Land Registry Service with this expected to be achieved in October/November 2024.
Stage 7 is located on Heartwood Drive, Edgeworth, which is easily found through Google Maps. Search Heartwood Drive, Edgeworth.
FREQUENTLY ASKED QUESTIONS
Looking to buy land at Heartwood Estate but have a few questions? Here we’ve listed some the frequently asked questions. We’re here to help you through the process every step of the way, so please do not hesitate to get in touch if you have any queries.
You will need to consult some specialists to help you through the process. These include:
- Find a conveyancer or solicitor to manage the legalities with the purchasing process
- Speak to a financial specialist (mortgage broker, your bank or another financial specialist/institution) to ensure you have the financing option right for you and you are aware of any risks involved.
- Consider your lifestyle and consult a builder, architect or other building specialist so you can find a home design suitable to your needs and budget.
- Select a block to purchase!
These are the steps you will need to take in the purchasing process:
1. Submit your offer to Purchase.
When you’ve selected your block, you will need to secure the block for your new dream home by submitting an offer to purchase via our online form below.
Once received, the Agent will contact you to confirm if this block is still available and if you have been approved by the vendor to purchase.
Please note that the block prices are fixed, and the vendor is not accepting any offers under the asking price, nor are they looking for offers over the advertised price.
2. Make a holding deposit.
When you’ve selected your block and been accepted by the vendor, you will need to secure the block for your new dream home by making a $1,000 (refundable) holding deposit (However should your block be over $400,000 you will be required to pay a minimum of 0.25% of the purchase price e.g., $1,250 @ $500,000) and the Land Sales Consultant will issue the sales advice to your chosen Conveyancer.
Please note the land can only be held for a maximum of 48 hours, to allow you time to make the initial deposit. Should we not receive your deposit the block will be immediately put back on the market.
Our Land Sales Consultant will provide you specific details needed for the bank transfer.
3. Contracts
Once a sales advice has been completed and the holding deposit has been received, the contract will be issued to your legal adviser; These are usually issued within 2-3 working days.
You will then have 14 days from the date the contract is issued to review the sale contract with your legal representation and raise any queries.
Do not sign the contract until you are fully satisfied with the terms and conditions. If you are not satisfied, and do not want to continue with the purchase, you will need to put this in writing and your holding deposit will be returned.
4. Exchange
Contracts should be exchanged as soon as practically possible within 14 days from the date of issue.
If contracts are not exchanged within this period, the lot will be placed back on market and made available to other purchasers.
When you go to exchange your contract, you will need to pay the balance of a 5% deposit less your $1000 holding deposit. (Usually when purchasing real estate, a 10% deposit is required, however we only require a 5% deposit.)
5. Settlement
Once exchanged, contracts should be settled as soon as practically possible. The timelines generally are as follows:
- If the land is registered
Settlement will be within four (4) weeks of the date of exchange. - If the land is yet to be registered
settlement will be within four (4) weeks of the date of exchange or 21 days from the date of registration, whichever is the later. The balance of your payment will be due upon settlement.
NOTE: This information is for prospective or current purchasers and is of a general nature. For further legal information, please seek the advice of your solicitor or licensed conveyancer.
No. There is no time limit to when you have to build. It is totally up to you as to when you build.
Yes! Why do we have Covenants?
We have covenants to protect you!
We need to set a standard of build for the estate. After all, would you like to build a beautiful brand-new home then have somebody living out of a tin shed next door to you or truck a second-hand house in on the block next door. NO!
If this was allowed the value of your home would be affected. Covenants are there to protect you, not hinder you.
A copy of the covenants is available in the Digital Brochure.
Each block has available to it water, sewer, underground power and natural gas.
Yes, what’s more it is the superior Fibre to The Premises, not just Fibre To The Node that was supplied by the Federal Government to most existing premises. You will still have to contact your preferred NBN retailer to have your service connected.
Each block has been tested and you will see in the sales brochure on the price list the rating of each block. A copy of the full Geotech report is available for your builder in the Digital Brochure
You may be eligible to apply for one of the following NSW Government grants:
*First Home Owner Grant (New Homes) Scheme
*First Home Buyers Assistance Scheme
Visit www.osr.nsw.gov.au/grants for more information.
