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DETAIL FACTS
Completion Sunset Date
31st December 2019
Deposit
Ten Percent (10%)
Cash
Bank Guarantee
Deposit Bond
Deposit Power and QBE
Deposit Invested
The Deposit (Cash) will be invested
with Greater Bank
One Hundred Percent (100%) of the
interest will be directed to the
purchaser should they complete the
contract
Interior Selections
A choice of three (3) interior colour
schemes are available
There is a select interior colour
scheme for the Penthouses
Vendor Solicitor
Lockhart Quinn & Co.
Attention: John Quinn
DISCLAIMER: The particulars are set out as a general outline for the guidance of intending purchasers and do not constitute an offer or
contract. All descriptions, dimensions, references to conditions and necessary permutations for use and other details are given in good faith
and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy
themselves by inspection or otherwise to the correctness of each item, and where necessary seek advice.
THE VERVE RESIDENCES EXPERIENCE
An abundance of apartment designs for every taste and budget
High ceilings
Miele appliances throughout the kitchen
Pull out pantry
Sort and self closing kitchen cupboard doors and drawers
Plumbed refrigerator space
Stone kitchen splash backs and bench tops
Mirror bathroom wall cabinet
Floor to ceiling bathroom wall tiling
Air conditioning
Wool blend carpet
Choice of three colour schemes
Ventilated awning windows
Embedded power system
Integrated facilities management including concierge services
Security car space and storage
Security complex with camera surveillance to common property
Private lush landscaped internal gardens
DISCLAIMER: The particulars are set out as a general outline for the guidance of intending purchasers and do not constitute an offer or
contract. All descriptions, dimensions, references to conditions and necessary permutations for use and other details are given in good faith
and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must
satisfy themselves by inspection or otherwise to the correctness of each item, and where necessary seek advice.
FAST FACTS
Location
464-470 King Street, Newcastle
Positioned between The Travelodge Motel and
ANZ Regional Office buildings and opposite
Market Town
Land area
4600 m2 approx.
Number of apartments
212 Apartments
Car parking
Secured on site car parking with visitor car
parking
Concierge
Yes - A concierge service is part of the
Building Management Services
Swimming Pool
No - Professional swimming facilities are
available at Arnolds Swim Centre The
Junction and Balance Mayfield. Public Oceans
Baths are located at Newcastle East and
Merewether
Gym
No - The Balance Collective is located some
700m in King Street
Apartment Precincts
There are 4 apartment precincts:
King Street Tower
Northern Tower
King Street Apartments Podium Apartments
DISCLAIMER: The particulars are set out as a general outline for the guidance of intending purchasers and do not constitute an offer or
contract. All descriptions, dimensions, references to conditions and necessary permutations for use and other details are given in good faith
and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy
themselves by inspection or otherwise to the correctness of each item, and where necessary seek advice.
GRANT FACTS
First Home Owner Grant (New Homes)
Further information can be obtained
from Office of State Revenue
• $10,000 first home owner, new home grant
Website:
www.osr.nsw.gov.au
• Total value of property must not exceed
Telephone:
1300 130 624
$750,000
• The property must be a new home
• You must be a natural person and not a company or trust
• At least one buyer is a permanent resident or Australian citizen
• You must be at least 18 years of age
• You or your partner have NOT previously owned residential property in Australia
• At least one purchaser must occupy the home within 12 months and needs to live in the
home for a continuous period of at least 6 months
• If a purchaser was a member of the Australian Defence Force and were enrolled on the
NSW electoral role, then they are exempt from the residence requirement
FIRST HOME – NEW HOME SCHEME N.S.W
• Exemption from stamp duty for new homes up to the value of $550,000
• Concession for new homes between $550,000 and $650,000
• The property must be a new home
• You must be a natural person and not a company or trust
• At least one buyer is a permanent resident or Australian citizen
• You must be at least 18 years of age
• You or your partner have NOT previously owned residential property in Australia
• At least one purchaser must occupy the home within 12 months and needs to live in the
home for a continuous period of at least 6 months
• If a purchaser was a member of the Australian Defence Force and were enrolled on the
NSW electoral role, then they are exempt from the residence requirement
NEW HOME GRANT SCHEME
• $5,000 grant towards the purchase of a new home
• Total value of property must not exceed $650,000
• Purchasers can be any entity, including company, or trustee of a trust
• Purchaser can be investor as well as owner occupier
• Purchaser must be Australian citizen, resident, or Australian-owned body
DISCLAIMER: The particulars are set out as a general outline for the guidance of intending purchasers and do not constitute an offer or
contract. All descriptions, dimensions, references to conditions and necessary permutations for use and other details are given in good faith
and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy
themselves by inspection or otherwise to the correctness of each item, and where necessary seek advice.
OUTGOINGS FACTS
Newcastle City Council Rates
$1750.00 per annum
Hunter Water Rates
$ 150.00 per rating cycle
Strata Fees
per annum approximately
Studio
from $2180.00-$2480.00
One bed
from $2932.00-$3759.00
Two bed
from $3684.00-$5100.00
Three bed
from $5488.00-$13533.00
Five bed
from $22555.00-$26315.00
DISCLAIMER: The particulars are set out as a general outline for the guidance of intending purchasers and do not constitute an offer or
contract. All descriptions, dimensions, references to conditions and necessary permutations for use and other details are given in good faith
and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy
themselves by inspection or otherwise to the correctness of each item, and where necessary seek advice.
TECHNICAL FACTS
Kitchen bench top height
900mm
Refrigerator dimensions
Width
Depth
Height
Washing machine space width
600mm
Pay TV
Yes
Broadband/NBN
Yes
Embedded power network
Yes
850 -1100mm
700mm
1800mm
DISCLAIMER: The particulars are set out as a general outline for the guidance of intending purchasers and do not constitute an offer or
contract. All descriptions, dimensions, references to conditions and necessary permutations for use and other details are given in good faith
and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy
themselves by inspection or otherwise to the correctness of each item, and where necessary seek advice.
SECURING AN APARTMENT
Identify the particular Apartment you wish to Purchase
Advise the Agent and request the apartment is reserved
Supply purchaser details including full name/s, address and
solicitor/conveyancer details
Pay initial deposit of $5,000.00
Contract will be forwarded to your legal service provider
The contract is required to be exchanged within twenty-one days
Balance of deposit is due to be paid at exchange of contracts
Note;
The $5,000.00 intial deposit is refunded should you not proceed.
The developer retains the right to place apartment back on the
market if exchange does not occur within 21 days.
Street Trust Account Banking details
Westpac Bank
Account Name
Street Real Estate Trust Account
BSB
032 501
Account
178671
Reference
Your surname
DISCLAIMER: The particulars are set out as a general outline for the guidance of intending purchasers and do not constitute an offer or
contract. All descriptions, dimensions, references to conditions and necessary permutations for use and other details are given in good faith
and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy
themselves by inspection or otherwise to the correctness of each item, and where necessary seek advice.