FREQUENTLY ASKED QUESTIONS Who are the Developers?
The Developers, the Nakat Family, in conjunction with Century Developers together are delivering Elysian. Both parties have invested in the project and are equity partners. The Developers have extensive experience in working with builders, the construction industry and the real estate sector in general. Including funding, controls and processes and governance around the construction phase. The momentum of Elysian has gained significant attraction since Century Developers have joined the developers team. The developers will hold apartments in Elysian for their own personal use. There is no doubt as to the quality of the build, the finishes and attention to detail.
FREQUENTLY ASKED QUESTIONS Who are the Builders?
The project was tendered to specialist high rise builders with a proven track record in Residential & Commercial construction. Australian First Construction Group (AFCG) was selected as the builder for the Elysian project following a rigorous due diligence process by the Developers. AFCG was established in 2011 with a desire to set the new Australian construction standard. The company has delivered outstanding results for a diverse spectrum of projects including high-rise residential, commercial and government projects. More than another construction company, AFCG offers a complete building solution based on integrated services and fuelled by a professional responsibility to deliver on high quality standards. AFCG was selected by Century Developers for the following key stand out reasons: • AFCG is a bespoke builder, specialising in constructing one project at a time to minimise risk of failure and cashflow constraints.
Who are the Architects? Elysian was designed by leading Architects Mackenzie Architects International. Details of their projects can be viewed on their website.
• Relevant experience through a direct comparison of AFCG's recently completed Coastal projects at Ettalong Beach (Central Coast), Wollongong and Huskisson (South Coast). • AFCG prides themselves as a gold star iCirt rated builder of choice.
www.mainternational.com.au
• Superior project team of on-site expertise that are fully committed to the project including
EOE Please note that all information herein is gathered from third parties. McLachlan Partners make no representation as to its accuracy. Computer images, photos, drawings, maps etc are indicative only. mcLachlan Partners cannot guarantee their accuracy and any interested person/s should rely on their own enquiries.
Directors of AFCG hands-on approach onsite, giving confidence of compliance and completion. • Exceptional quality assurance procedures and documentation standards. AFCG attention to detail and committed sub-contractors with a successful proven track record of completing projects.
10 business days. Upon contract exchange you will need to provide a 10% deposit to be held in trust.
When is final payment due?
Final payment not due until completion and hand over of the apartment. The holding deposit is refundable up until exchange of contracts.
Details of their company and projects can be viewed on their website. :: CONSTRUCTION UPDATE: DEC 2024 ::
www.australianfcg.com
Can I view the plans?
Yes we have a project display office at Toowoon Bay Village Shops with full scale drawings available for inspection. These are available to view by appointment. Copies of the Contract, Approved DA Plans are available to all enquiries on written request.
What are the key time frames?
Construction Commencement MARCH 2023 Completion Date early 2025.
What deposit do I need to secure an apartment?
You can secure your apartment with a $1,000 holding deposit prior to contract exchange. Allowing you due diligence by your Solicitor or Conveyancer and signing of the contract within
How is Construction progressing?
The basement excavation works were completed earlier in the year and the concrete structure of the building is well underway currently on the third floor with stunning views of the ocean. The basement and lower levels are already being cleared out, making way for the commencement of essential services with rough-ins and wall framing scheduled to commence soon. The NSW Building Commission audit team conducted a thorough audit of the project and documentation earlier in October 2024, proving a compliant, safe and well managed project – a rare feat in the new era of stringent NSW construction that the stakeholders and local community should be proud of Construction completion of Elysian is anticipated for Q4 2025 – we look to welcome our residents closer to settlement.
EOE Please note that all information herein is gathered from third parties. McLachlan Partners make no representation as to its accuracy. Computer images, photos, drawings, maps etc are indicative only. mcLachlan Partners cannot guarantee their accuracy and any interested person/s should rely on their own enquiries.