Penfold Property Group Developer Bonus:
Beat the Price Rise Promotion
- By purchasing a land allotment at Tulip Lane Hampstead Heath the purchaser is entitled to participate in the Penfold Property Group Beat the Price Rise (“Offer”), the individual/purchaser accepts these Terms and Conditions.
- In these Terms and Conditions:
- a. “Penfold Property Group” means: Penfold Waterford Pty Ltd
- “Contract” means a contract of sale for land issued by Penfold Property Group as the vendor with respect to the sale of a home and land package on any of the Preselected Allotments to a purchaser.
- The Offer commences at 9am, 1 June 2021 (“Offer Period”) and ends at 5pm, 30 June, 2021 unless sold out prior. Penfold Property Group reserves the right to extend the Offer Period without notice.
- The Offer is available for Purchaser’s who sign a land Contract on any of the Allotments only purchased during the Offer Period on a first come basis. Group reserves the right to change the Preselected Allotments at any time in its absolute discretion.
- Purchasers who participate in the Offer will be eligible to receive an Exclusive Offer as detailed below subsidized by Penfold Property Group; Price Freeze on the total advertised Home & Land package cost at Tulip Lane (Hampstead Heath – Doolandella) during the month of June 2021 with Landmark Building and Construction only.
- This Offer cannot be accepted in conjunction with any other offer.
The Purchaser is responsible for:
If applicable, any duties payable in respect of the purchase of the property and any
If applicable, preparing documentation and applying for Federal or State based
Government funded Schemes / Initiatives relating to the purchase of property and any
Federal Government notification or approval requirements necessary in relation to the
acquisition of the property;
- All costs including legal costs payable by the Purchaser with respect to, and in connection with, the purchase of the Preselected Properties;
- Loan Mortgage Insurance, if required; and
- Any and all other ancillary costs or the completion of any other documentation that is not stipulated in these Terms and Conditions
- Penfold Property Group will need to collect personal information for the purpose of conducting the Offer and may need to disclose the personal information to third parties. If the Purchaser or individual does not provide the requested personal information then they are not eligible to participate in the Offer.
- Minimum deposit amounts and loan repayment amounts detailed are based on a post construction interest rate of 2.14% fixed rate for 3 years (comparison rate 3.83%) with Commonwealth Bank, loan term of 30 years. Rates are subject to change. LMI allowed for in these calculations and buyer must be eligible for the Queensland First Home Owners Grant. Lending criteria applies subject to banks terms and conditions, satisfactory valuation and lenders mortgage insurance approval. Queensland First Home Owners Grant is a Government initiative and not a Penfold Property Group promotion. Entitlement to receive the Grant is subject to Government conditions and eligibility criteria. Other important information: The results shown are a guide only based on data provided by Australian Financial Group Ltd ACN 066 385 822 (AFG) (Australian Credit Licence 389087) and the variable information in the fields in the tool (either entered by you or pre-populated by default) such as the estimated price of the property listed on this website, deposit, term and payment frequency. The minimum deposit amounts and weekly repayment applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Results are estimates and provided for illustrative purposes only. This tool, and the results generated, do not constitute any agreement by any lender to provide credit nor confirmation about the availability of credit from any lender for this particular property. The repayment amounts and calculations are estimates based on no change to interest rates and the frequency and amount of repayments over the term of a loan and may not include all fees and charges payable in relation to a loan. Interest and fees and charges as determined by lenders are payable in relation to products displayed which may change actual repayments and the total cost of the loan. The displayed estimates are based on selected products (which may not be comparable) from a range of lenders. This tool does not compare all lenders or all offers that may be available from the displayed lenders. Subject to any non-excludable rights under consumer protection law, Penfold Property Group Pty Ltd cannot promise the availability and performance (including accuracy) of the tool or calculations.