Five Farms | Fernlea Release Process | Prosperity

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Priority Release Process The priority release for Fernlea Release at Five Farms will be held on Wednesday 9th February 2022 and sales appointments will be held by virtual appointment only. Due to high levels of demand, a registration system has been put in place to ensure everyone has a fair chance to secure a property. All properties will be sold on a first come, first served basis.

Please follow these steps to participate in the Priority Release. 1.

Speak to your Five Farms Sales Consultant to discuss detailed lot plans and pricing.

2.

Select your preferred property (due to high demand it is recommended that you have multiple preferences). We suggest a minimum of three preferences. Only one property is available to purchase per household on release day.

3.

For any Family Members of Prosperity members wishing to gain access to this release under the Family Share program, there are criteria that need to be satisfied to qualify for this benefit. Firstly, a referral form must be submitted by Friday 4th February 2022. This can be done here www.frasersproperty.com.au/familyshare. Secondly, sufficient certified documents to prove the relationship between the Family Member and Prosperity member, will need to be supplied by Friday 4th February 2022. Thirdly, the referral must be approved by our internal team in line with the Prosperity Terms and Conditions, which can be accessed here www.frasersproperty.com.au/Prosperity/Terms. Family Members will be notified of their eligibility on or prior to Monday 7th February 2022.

4.

On Tuesday 8th February 2022 registered Prosperity members and eligible referred Family Members will receive an email with a link to the online 'Request to Purchase' page.

5.

Registrations via the 'Request to Purchase' page will open at 11am sharp (AEDT) on Tuesday 8th February. Please access this page via the link in Tuesday’s email, approximately 10 minutes before registrations open at 11am (AEDT).

6.

At 11am (AEDT) on Tuesday 8th February you will need to refresh the page so that the form will appear. You will need to fill in your details and submit your details for your chance to purchase a property. Please ensure you are not connected to a VPN or that your machine has not locked or gone into sleep mode.

7.

Registrations via the online 'Request to Purchase' page will close at 12pm (AEDT) on Tuesday 8th February. If you have not registered by this close time you will not be eligible to participate in the current Priority Release process.

8.

All successfully registered members will be contacted by the Sales Team on Tuesday 8th February (after registrations close) in order of registration to confirm an appointment time for Wednesday 9th February. Please be contactable by phone on the number you provided on the registration page. i.

If the Five Farms Sales Team cannot contact you, we will endeavour to leave you a voicemail or SMS, however, you will lose your ‘Request to Purchase’ priority and the team will contact the next prioritised customer.

ii.

The Five Farms Sales Team will endeavour to contact you on your nominated telephone number a second time. Once you return a call to the Five Farms Sales Team you will resume priority ahead of the remaining customers who have not yet been contacted.

iii.

If the Five Farm Sales Team are unable to contact you after the second attempt and you do not contact the Five Farm Sales Team before we finish contacting all customers, Frasers Property Australia reserve the right to forfeit your request to purchase and any opportunity to purchase a property during the Fernlea Release at Five Farms.

9.

On Wednesday 9th February, virtual appointments are for 20 minutes, and you will be required to select your property and sign an unconditional contract of sale within 7 days.. Please ensure you have available proof of ID (passport, driver’s license & Medicare card and VEVO if applicable).

10.

For any buyers-based interstate or overseas, a member of the Five Farms Sales Team will contact you via telephone to conduct your sales appointment over the phone.

11.

A holding deposit of $1,000 via Electronic Funds Transfer (EFT) will be required on the release day. You will be required to sign a Contract of Sale by DocuSign and pay the balance of the 10% deposit within 7 days.

12.

Properties in the Fernlea Release will only be available to purchase via the Prosperity Release from 9am-5pm (AEDT) Wednesday 9th February


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