Paramount on Parkes Settlement Guide

SETTLEMENT GUIDE

CONGRATULATIONS ON THE PURCHASE

of your new home

With completion of Paramount on Parkes fast approaching, we have compiled a simple guide to assist you in preparing for the settlement of your new home. This guide comprises of a summary of the steps involved in reaching final settlement, together with other important information for the operation and maintenance of your new home.

Over the coming weeks, we will be sending out regular communications to further assist you in preparing for the settlement and moving into your new home. In the meantime, should you have any queries, please feel free to contact our Team on: Settlements@aland.com.au or call 1300 894 800.

1 Settlement Overview

2 Building Information

3 Pre-Settlement Inspection

4 Handover Pack and Move-In Guide

1.

SETTLEMENT

Overview

This section provides you with an overview of the settlement process, comprising of details on milestones that occur in the lead up to settlement and handover, along with contact details for any queries you have during this time.

Included Items: Settlement Process Key Contact Directory

1 Settlement Overview

2 Building Information

3 Pre-Settlement Inspection

4 Handover Pack and Move-In Guide

SETTLEMENT

Process

To assist you in your preparations for settlement the following outline provides the key steps for your reference.

Please note this is a guide only and not an exhaustive list of steps required in the settlement process, and we therefore suggest to contact your own solicitor/ conveyancer to ascertain any other specific matters that will require your attention.

Settlement Date

Finance and Valuation

Pre-Settlement Inspection

Settlements are anticipated to occur Q4 2024.

If you require finance, your financial institution is likely to require a valuation which may involve an onsite inspection.

We are happy to assist by providing information packs and access to the property.

After a settlement notice has been issued, our team will contact you directly to book a pre-settlement inspection (PSI), should you wish to have one.

Please note, whilst ALAND are focused on achieving the above, these dates are still subject to change due to unforeseen circumstances, including inclement weather and restrictions that may affect completion timeframes.

As valuations are timesensitive (valid for 3 months only) we will advise you when your home is ready for a valuation inspection so you can notify your financial institution.

This inspection will take approximately 45 minutes and will provide you with an opportunity to view your new home, carparking and storage cage (if applicable).

If you need to transfer funds from overseas or another property for settlement, you should make enquiries with your financial institution, accountant and solicitor immediately to ensure there is no delay. There may be several steps involved in this process that will require action.

1 Settlement Overview

2 Building Information

3 Pre-Settlement Inspection

Settlement Notice & Settlement When our property is ready to settle, ALAND’s solicitor will issue your solicitor with a settlement notice stating that completion must take place in accordance with the terms of the Contract for Sale.

Your solicitor should advise you that the notice to settle has been served so that you can make the necessary arrangements including notifying your financial institution (if required).

Your solicitor will book a date and time for settlement. If settlement does not take place within the required timeframe, relevant charges will be payable in accordance with the Contract for Sale.

4 Handover Pack and Move-In Guide

KEY CONTACT

Directory

Customer Ambassador Team

Strata Management

Property Management

Buliding Manager

Whether it is assistance during the settlement period, or a question you would like answered once you have moved in, we are here to help.

Whelan Property will be recommended as the strata management company from practical completion of the building until the First Annual General Meeting.

If you’re considering leasing out your home, ALAND offers the advantage of an in-house property management division ready to assist you. What sets us apart is our ability to showcase your property in the market prior to settlement.

To assist with your move or any building-related queries, please reach out to our Building Manager. They are here to help with a variety of services, including coordination of move-in logistics, addressing maintenance issues, and providing information about building policies and amenities.

Feel free to contact Building Management directly for any assistance you may need to ensure a smooth transition into your new space.

Customer Ambassador Team 1300 894 800 settlements@aland.com.au

Strata details: Whelan Property (02) 9219 4111 amanda@whelanproperty.com.au

ALAND Property Management - 1800 925 263

Paramount on Parkes 0419 953 212 E: paramountbm@alandcare.com.au

1 Settlement Overview

2 Building Information

3 Pre-Settlement Inspection

4 Handover Pack and Move-In Guide

2.

BUILDING

Information

This section will provide you with important information regarding the Paramount on Parkes building address and apartment numbering.

The registered address for Paramount on Parkes will be: 20 Parkes Street, Harris Park NSW 2150 Apartment street addresses will be based on the apartment number dictated by council. These are subject to change.

A typical street address for apartments will be as follows:

Refers to the level which the apartment is situated.

The last two digits refer to the apartment number on that level.

302 / 20 PARKES STREET, HARRIS PARK NSW 2150

1 Settlement Overview

2 Building Information

3 Pre-Settlement Inspection

4 Handover Pack and Move-In Guide

3.

PRE-SETTLEMENT

Inspections

This section will provide important information on the upcoming pre-settlement inspections (PSI) for your new home at Paramount on Parkes.

1 Settlement Overview

2 Building Information

3 Pre-Settlement Inspection

4 Handover Pack and Move-In Guide

As outlined in your Contract for Sale and as part of the ALAND settlement process, you are invited to undertake an inspection of your new home prior to settlement should you wish to have one.

The purpose of this inspection is to give you an overview of your home and to guide you through your designated carspace and storage space (if applicable). This is an opportunity for you to ask any questions you might have, familiarize yourself with how appliances operate, and verify that the finishes and features of-your home match the specifications in your Contract for Sale Should any items be recorded, ALAND will endeavour to resolve these prior to settlement, however some items may require coordination post settlement.

As per your contract for sale you also have an opportunity to lodge any items 90 days post settlement. We encourage you to live in the space and submit only one consolidated list post settlement.

1 Settlement Overview

Prior to your inspection, please note the following: • Should you be unable to attend your presettlement inspection, you may wish to contact a third party to represent you on your behalf. Should you wish to nominate a third party, please advise the ALAND Customer Ambassador Team at your earliest convenience on settlements@aland.com.au or 1300 894 800 • As you may be entering an active construction site, the following clothing and footwear must be worn – full length pants, long sleeved shirts and fully enclosed flat soled shoes (no heels, sandals or thongs).

• A maximum of 2 persons are permitted to attend the inspection. Given the activity on site, this inspection is not suitable for children.

• Please follow all necessary protocols and required precautions in place by the NSW government as well as ALAND.

2 Building Information

3 Pre-Settlement Inspection

4 Handover Pack and Move-In Guide

4.

HANDOVER PACK

& Move-in Guide Included Items: Handover pack Information Move-In Guide Essential Service Providers

1 Settlement Overview

2 Building Information

3 Pre-Settlement Inspection

4 Handover Pack and Move-In Guide

Handover Pack

Please Note:

On the day of settlement, please allow 1-2 hours after your scheduled settlement time to pick up your Handover Pack.

•A LAND will communicate a location to pick up your Handover Pack in due course.

Your handover Pack will include essential items such as: • All keys and swipe cards for building and apartment access.

• Paramount on Parkes Residential Homeowner’s Manual.

• Manufacturer’s instructions, operating manuals and warranty cards for all your appliances.

• Should you wish to have a representative collect your handover pack, please provide ALAND with written authorisation and personal details.

• Please ensure a valid form of identification is presented at handover.

• The Handover Pack can not be presented until we have received formal confirmation from ALAND’s solicitors that settlement has occurred.

• Guides to establishing your service accounts, safety procedures, Strata Management, owners Corporation information and most importantly caring for your new home.

• A settlement Gift from ALAND.

1 Settlement Overview

2 Building Information

3 Pre-Settlement Inspection

4 Handover Pack and Move-In Guide

MOVE-IN

Guide

The day of the move: Removal vehicles up to 2.2m in height can enter the residential basement carpark levels. Vehicles up to 3.5m in height can access the ground floor and unload from the loading bay.

Ensure that your furniture is kept well away from any overhead water sprinklers, thermal detectors and smoke detectors. Please Note: You will be charged for any damage to these fixtures or in the event that they are mistakenly activated, and the emergency services deployed.

1 Settlement Overview

Inside Lift (side view)

• Apartment doors: 0.92m wide x 2.1m high.

• You should not drag heavy objects across the carpet, tiles or other flooring anywhere in the building. Use appropriate moving blankets or trolleys.

• Please Note: You will be charged for any damage to these surfaces caused by yourself or your removal team. The responsibility for any damage that occurs inside the unit lies with the owner and cannot be recorded as a defect.

• If you have any questions or concerns about your moving process, please contact Paramount on Parkes building management on 0419 953 212 or paramountbm@alandcare.com.au

1000mm (Door opening width)

1600mm internal width

2650mm (Overall internal lift height)

Make sure you have booked your move-in date through our MYBOS system. If you experience any difficulties with the booking link, you can contact the Building Manager, at paramountbm@alandcare.com.au.

Lift Door

Lift Door

The Move-in guide will outline the days leading up to your moving day:

Make sure your furniture fits between these dimensions:

2100mm (Lift door height)

To assist you and your removalist in preparing for your upcoming move, provided is a detailed move-in guide to ensure the process is efficient for all.

2100mm (Overall internal lift depth)

PASSENGER LIFT DIMENSIONS

• We are delighted to welcome you to Paramount on Parkes.

2 Building Information

3 Pre-Settlement Inspection

4 Handover Pack and Move-In Guide

ESSENTIAL SERVICE

Providers

Upon settlement of your new home, you will be responsible for ensuring that all utility service accounts are connected in your name.

We have provided details of the most common essential service providers. Please note, the building uses an embedded through Energy Locals which provides affordable energy to the building. However, residents can choose to use another provider.

Please note: • Your address will be registered with Australia Post following registration of the Strata Plan. Once this has occurred you can apply for mail re-direction if you require mail to be diverted from your existing address to your new home.

Opticomm – Uniti Internet - 1300 899 303 ELECTRICITY – Energy Locals Urban - 1300 889 994 GAS – Energy Locals Urban - 1300 889 994

1 Settlement Overview

2 Building Information

3 Pre-Settlement Inspection

4 Handover Pack and Move-In Guide

5.

FURNISHING YOUR

new home

This section will provide you with important information to help you prepare for furnishing your new home.

ALAND is committed to protecting your investment at Paramount on Parkes and therefore has included specific by-laws to ensure a consistent and high-quality building appearance is maintained.

• Window furnishings are supplied with your apartment in line with Current Bylaws. Section 10(c): An Owner or Occupier may not: (c) subject to section 109 of the Act, hang or otherwise apply any dressing, covering or other treatment on or to any window or door that faces Common Property or a public space (including, for clarity, the Foreshore Area and Walkway) other than blinds that have an appearance from outside the Lot of off white or cream in colour or that are otherwise approved by the Building Management Committee or the Original Proprietor. All window and door dressings, coverings and other treatments must be of a uniform appearance from outside the Building.

• Flyscreens – Similar to restrictions placed on the window furnishings, restrictions have been placed on the installation of flyscreens and security screens. The by-laws state that owners and occupants are not permitted to install insect screens or security doors to an entry door of an apartment. Owners or occupiers may only install screens which face the exterior of the building provided that the screen is finished in a colour matching the colour of the window and balcony door frames and is approved by the owner’s corporation.

1 Settlement Overview

2 Building Information

3 Pre-Settlement Inspection

4 Handover Pack and Move-In Guide

6.

KEY

Responsibilities A few key responsibilities we ask you to be aware of in the lead up to settlement are: • Please stay in touch with your solicitor/conveyancer leading into the settlement.

• Contact your financial institution/mortgage broker in advance to ensure funds are in place 24 hours prior to complete settlement.

• Settle on time to avoid penalty fees and charges.

Should you have any questions, concerns or issues please feel free to contact our Customer Ambassador Team at settlements@aland.com.au or 1300 894 800.

We look forward to welcoming you to your new home.

1 Settlement Overview

2 Building Information

3 Pre-Settlement Inspection

4 Handover Pack and Move-In Guide