No Strata Offer - Terms and Conditions
1. This offer (Offer) is available for purchasers of apartments within MAC Residences (DP 1293558 – ABN14 813 686 781) and Soul Residences at the development known as “Midtown MacPark” developed by Frasers Property Ivanhoe Pty Limited Pty Ltd (ABN 23 619 909 992) (Frasers Property) in NSW (Eligible Property). This Offer is subject to these terms and conditions: 2. This promotion commences on 10th May 2024 and ends on 30th August 2024 (Promotion Period), or such earlier time as all Eligible Properties have been sold. 3. The Offer is available to purchasers eligible for this Offer (Eligible Purchasers) who enter into a contract for sale for an Eligible Property (Contract for Sale) during the Promotion Period for an Eligible Property, and exchange the contract by 5pm, Friday 30th August 2024 (AEST) and pay the balance of the 10% deposit by electronic funds transfer (EFT), QBE deposit bonds, or bank guarantee from most major banks, in accordance with the terms and conditions of this Offer. 4. If a Contract for Sale is completed or terminated for purchaser default, the full amount of the deposit, i.e. 10% of the purchase price would be payable. 5. To be eligible for the Offer, an Eligible Purchaser must: a. not require Foreign Investment Review Board (FIRB) approval to purchase the Eligible Property; b. purchase the Eligible Property directly via Frasers Property or Frasers Property Real Estate Pty Ltd and not via an external agent engaged by Frasers Property; c.
be one of the first 10 Eligible Purchasers to enter into a Contract for Sale during the Promotion Period;
d. Settle the purchase of the Eligible Property by 5pm, Monday 30th September 2024 (AEST). e. otherwise comply with these Terms and Conditions and the terms set out in the Contract for Sale; and f.
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be approved for this Offer by Frasers Property’s NSW Sales and Marketing Director prior to entering into a Contract for Sale.
If an eligible purchaser complies with the Contract and these Terms and Conditions, Frasers Property will pay the Eligible Purchaser a settlement rebate (inclusive of GST) equal to eight quarterly Strata Levies on or after the date of settlement of the Contract. The Strata Levies include admin and sinking fund. Despite any other provision of the Offer and these Terms and Conditions, the maximum amount payable under this Offer will be - 1 bed $10,205.20, 2 bed $14,129.04, 3 bed $21,960.56. All fees are GST Inclusive.
6. Frasers Property reserves the right to cancel or extend the Offer at any time, or to include additional properties in the Offer. Frasers Property reserves the right to withdraw an Eligible Property from this Offer at any time.
7. All other terms and conditions in the Contract for Sale apply. To the extent of any
inconsistency between these Terms and Conditions and the Contract for Sale, the Contract for Sale will prevail.
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