I'm based in Adelaide and I'm considering purchasing a house and land package from Weeks Homes. I found a deal that looks good, but there's a complication: the land isn't ready yet. Currently, there's an old house on the property that needs to be demolished, and the land will be subdivided. The part I would purchase is 334 sqm, where Weeks would then build a house.
The land doesn't belong to Weeks; it's owned by a separate landowner, but Weeks will handle the process of demolition and subdivision. I'm about to receive the land agreement, and I'm not entirely sure what I should be checking in the entire process.
Weeks has mentioned that they're offering a fixed package with a 14-month timeframe, with 8 months allotted for construction. However, I'm uncertain when the old house will be demolished and when the land will be ready. Given the complexity of this process, I'm seeking advice on what key aspects to focus on and what questions I should ask before signing any agreement.
Could anyone provide guidance on what I should look out for or ask to ensure I'm covering all my bases in this situation? Any tips or suggestions would be greatly appreciated. Thanks in advance
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