Oaklands Schofields

CiscoSky · Jul 07, 2015 2:19 pm

@armanii & @an88

I'm under the same impression that if you decide not to build and the land settles under your name, you can always sell it off after. Unless there are special clauses which forces you to build, which I very much doubt. But please check with your solicitor and let us know what you find.

an88 · Jul 07, 2015 2:23 pm

@ciscosky
That would be next to impossible for the vendor to enforce someone to build on the land they buy. Especially when building incurs a lot of expenditure.

He was talking more about selling the property to someone else before he himself settles on the property. To my understanding you can, provided the contract does not prohibit that. Again, I'm not sure why his solicitor needs that clause in the contract permitting it. Of course, it would be good for that clause to be in the contract, but if it is not, it is my understanding you can still sell it before you settle on the property yourself.

Hope someone can clear this up

armanii · Jul 07, 2015 8:06 pm

@an88, yes you are correct, the developer will be handing the property in October 2016 which in my opinion will be January 2017, There many uncertainty between now and then I could become unemployed or ill, and if I want out I would need to sell before the handover date so that I do not loose my 10% deposit. My solicitor seems to be complicating the matter as In my opinion also as an88 there is no clause from me selling before handover. Where else can i clear the matter?? has any one asked their soclicitor regarding the matter?

timus · Jul 07, 2015 9:02 pm

Hello Mate...

Oakland is expecting to settle by April 2016 for all lots.

jp_oaklands · Jul 07, 2015 9:09 pm

Correct I got a phone call from my solicitor today and they advised that land is expected to register by March 2016 as of now.

brettvish · Jul 08, 2015 8:50 am

Hello All
I have just got the land on argowan road....
Lot 535..

Question: How do u know if this lot is level or not?

VithalMaddala01 · Jul 08, 2015 6:06 pm

@brettvish,

You will need a contour map of your lot and preferably of your stage. We can then estimate from there.

Cheers,
Vithal

an88 · Jul 08, 2015 7:31 pm

jp_oaklands

Correct I got a phone call from my solicitor today and they advised that land is expected to register by March 2016 as of now.

Is this even for the latest release 4 that is due for exchange on 15th July2015?

Thanks.

brettvish · Jul 09, 2015 8:09 am

Thanks Vithal

Where can i get his info from ?

thanks for help

VithalMaddala01 · Jul 09, 2015 10:09 am

@brettvish,

Oaklands will provide with one if you request them. Please check with Rhiannon. Also check if she is able to give you the contour map for your stage. That gives you the bigger picture.

Cheers,
Vithal

an88 · Jul 09, 2015 10:10 am

is the march/April 2016 the date in which the latest release 4 will be registered as well? I thought it would have not have registered until early 2017.

Thanks

VithalMaddala01 · Jul 09, 2015 10:15 am

@an88,

I wouldn't hold my breath on that. As Stage 1 has slipped from Feb to April. Unless they really want to get everything out by April. Not to disappoint you but just so that you can set expectations accordingly. I never thought Stage 1 would be registered in Feb 2016 and it did slip to April as of now.

an88 · Jul 09, 2015 10:16 am

VithalMaddala01

@an88,

I wouldn't hold my breath on that. As Stage 1 has slipped from Feb to April. Unless they really want to get everything out by April. Not to disappoint you but just so that you can set expectations accordingly. I never thought Stage 1 would be registered in Feb 2016 and it did slip to April as of now.

Thanks VithalMaddala01. The later the better for me. Was just checking as others had posted they were advised April 2016 it will be all registered. That must have been for the Stage 1 buyers

armanii · Jul 09, 2015 1:13 pm

Hello any one got a Good Solicitor who can clear my concerns in relations to me on-selling.

@brettvish your lot is next to mine and both lots look like a total gentle slope of 1.5 m but I can only see half of yours as mine has a total slope of 1.5m.

jp_oaklands · Jul 09, 2015 2:13 pm

@an88 - yes for the release stage 4

dzh · Jul 09, 2015 3:55 pm

another release this afternoon with the July Price: lot size 304m2 to 513m2 with the price $380,000 to $610,000. land with size of 400m2 sold for $500,000, that's 75,000 increasing since first release. Shock.

VithalMaddala01 · Jul 09, 2015 4:48 pm

@dzh,

Which release are you referring to?.

Cheers,
Vithal

dzh · Jul 09, 2015 9:36 pm

Email received:

Oaklands, Schofields Last Chance

Oaklands at Schofields has proved to be one of the most popular land estates in Sydney this year. Because of this, we only have a few remaining blocks available, and the good news is, they are available right now.

This opportunity is for our registered database only, and there are just 15 blocks available.

VithalMaddala01 · Jul 09, 2015 9:38 pm

@dzh,

Looks like some lots have come back to the market albeit with inflated prices.

jp_oaklands · Jul 09, 2015 9:51 pm

@VithalMaddala01 - and not sure what's was the reason behind it