An ambitious dive into build-to-rent towers by Gold Coast developer Ron Bakir, in tandem with giant US funds manager Morgan Stanley, has been turned on its head.
All but 20 of the 257 apartments in Cienna Varsity Ridge’s first two buildings, which were rushed by renters, quietly have been sold off to owner-occupiers and investors.
Ron and his Homecorp group bought out Morgan Stanley before embarking on the sell-off.
It appears both Ron and the American group have fared handsomely and might team up for other ventures.
Choosing a fixed price turn-key house and land packages is one way to take the stress out of building by simplifying everything into one tidy package… want to find out how?
House and Land Packages
There are so many things to juggle when building new. Instead of worrying about buying a parcel of land and then tracking down a builder, a fixed price house and land packages means the property developer and builder unite to take care of both steps for you, right from the get go.
The state government’s plans to meet the housing needs of the Gold Coast over the next two decades will transform the city.
The South East Queensland Regional Plan, also known as Shaping SEQ, sets mandatory housing targets that councils in the region, including the Gold Coast City Council, must meet.
The Sunshine Coast is renowned for its vibrant lifestyle and idyllic coastal living. With its breathtaking beaches, pristine waters, and a wide range of recreational activities, the region offers an unmatched experience for residents. Whether you’re a surfing enthusiast, a nature lover, or someone seeking relaxation under the sun, the Sunshine Coast over delivers.
The region also offers top-notch schools, healthcare centres and amenities. It’s a great place to raise a family or settle down when you retire.
Golden Gympie
Gympie is located just north of the Sunshine Coast and Tin Can Bay on the Mary River, and approximately 170 kilometres north of Brisbane. It is one of the regional areas we are proud to build in.
Two decades of experience developing and building homes across Australia have allowed Homecorp to develop a range of plans that fuse sustainable living with modern design and exceptional value.
Building more sustainable communities means making a contribution to improving the environment. Part of that equation is lowering the cost of running your home, saving energy, water and maintenance on systems and appliances.
These are the concepts at the heart of Homecorp’s house designs and our company vision to develop inspiring communities of the future where people belong.
Set amongst picturesque playgrounds and walking trails, Prestwood Estate is bordered by a flourishing reserve with bird life and even a small herd of deer – all this in Logan Reserve, just 30 minutes from Brisbane CBD.
New Homes Built For Family Living
The surrounds are shaded by mature trees with bike and pram-friendly paths creating an estate designed to deliver active living for the whole family.
Prestwood features modern family-friendly homes on easy-to-manage blocks so you have plenty of free time to enjoy.
Within a easy drive of either Brisbane or the Gold Coast, Prestwood offers the best in lifestyle whether you enjoying time out at the beach, improving your golf game or splurging on a little shopping.
When it comes to building the term “Practical Completion” is like the holy grail. This is a day new homeowners look forward to as it is the day when ‘practically’ all the work on your new home has been completed.
What Is Practical Completion?
Although is sounds like everything is complete, it is not the day you will get to take possession of your new home. Industry terms, like practical completion, can sound like a full stop to the home building journey but there are actually several steps beyond this.
Here is a quick guide to the final stages of your house build and handover.
Handover Inspection
Between practical completion and handover there is often an inspection by an independent person or company who will look over the entire house and compile a list of defects against Australian standards of finished work.
These defects are then fixed prior to you moving in to help ensure your home is at the highest quality.
There is also likely to be some other formalities, like the final valuation of your home, and of course the final payment. It is generally a two week period from practical completion (PC) to handover.
Handover Day
Handover can take anywhere between 1-3 hours. This is where one of our team will take you around your home and explain everything to you.
Final cleans are done the day of or day before handover so everything is fresh for when you move in.
Just like at the PC stage you will go around your home with your site super. They will point out all the key functions of the house, like how to open and lock the doors and where the garage remote is stored.
After handover is when we step into what we call the defects period. This goes for 6 months, the standard HIA period is 3 months. We doubled it to give you and the home extra time to settle in!
During this period, we rely on the help of the new homeowners to help us note any defects such as leaks that may occur. We will also check in from time to time over the first few weeks and months.
At about the halfway period in the year, we will have a look over the defects that have been recorded and start preparing to go through them.
Home Handover Guide
Everyone also gets a digital handover guide. This book has all kinds of tips and tricks to help you get the most from your new home – like drying out the house, making it green, energy use, window protection, insulation, lighting, and air conditioning.
This guide also includes information about security, electrics, ceilings, bathroom fittings, paintwork care, roofing and your warranty.
Your home comes with a 12-month* maintenance period. Your warranty means that we’ll cover any structural problems that occur with your house. Small maintenance issues are really common and nothing to worry about.
Moving In
Moving can be a stressful time. Here are some helpful reminders to help make the process as low-stress as possible.
First, make sure all the important stuff is safe – things like prescriptions, driver’s license, marriage, birth certificates, and passports.
Secondly, book in the disconnection of the utilities at your old address and the connection of the amenities, internet, and pay-tv at your new address.
Also notify any relevant businesses (incl. Aus Post) of your change of address.
Settling ln
Whether you already know where each picture is going to go, or you’re just beginning your nesting journey, there’s no rush, pace yourself!
There are a number of milestones in every build and Homecorp’s Customer Experience team are here to help you navigate them with ease. If you have any queries about key stages, compliance and certification, just reach out to our team and they’ll guide you through the process.
