3. This promotion commences on 23 March 2017 and ends on 30 June 2017 ( Promotion Period ).
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1 LIMITED OFFER $20,000 in Frasers Property Developer Incentive. 1. Frasers Property Limited ( FPA ) is offering the Frasers Property Developer Incentive Offer subject to these terms and conditions ( Incentive Offer ). 2. The Incentive Offer is available on selected apartments within the developments known as Kingston and Vicinity developments developed by FPA at Cockburn Living, Cockburn Central, Western Australia 6164 ( Eligible Lots ). a. Kingston Apartments:99, 125, 153, 163, 166, 167, 173, 175, 178, 185, 191, 195, 197 & 199 b. Vicinity Apartments: 28, 42, 58, 89, 23, 43, 47, 48 & This promotion commences on 23 March 2017 and ends on 30 June 2017 ( Promotion Period ). 4. To be eligible for the Incentive Offer, a purchaser ( Eligible Purchaser ) must: a. enter into an approved contract for sale for an Eligible Lot during the Promotion Period (Contract for Sale); b. settle the purchase of the Eligible Lot by the settlement date stated in the Contract of Sale (Settlement Date); and c. otherwise comply with these Terms and Conditions and the terms set out in the Contract for Sale. 5. The Incentive Offer comprises a single benefit payment of $20,000 (inclusive of GST) payable by FPA to the Eligible Purchaser at settlement of the Contract for Sale by way of a settlement adjustment. An Eligible Purchaser cannot: a. claim the benefit payment as a discount off the purchase price under the Contract for Sale; b. redeem the benefit payment for cash; nor c. take the benefit payment as a separate cash payment. 6. If the Eligible Purchaser does not complete the purchase of the Eligible Lot by the Settlement Date, or if the settlement is extended by request or default of the Eligible Purchaser, the Eligible Purchaser will not be entitled to the Incentive Offer and FPA will not be required to make any benefit payment to the Eligible Purchaser. 7. FPA reserves the right to cancel or extend the Incentive Offer at any time, or to include additional lots as Eligible Lots in the Incentive Offer. FPA reserves the right to withdraw an Eligible Lot from sale or from the Incentive Offer at any time (before a Contract for Sale of that Eligible Lot is entered into).
2 8. All other terms and conditions in the Contract for Sale apply. To the extent of any inconsistency between these Terms and Conditions and the Contract for Sale, the Contract for Sale will prevail. 9. This Incentive Offer is not available in conjunction with any other offer made by FPA from time to time, without FPA s prior written approval, including any rental guarantee offer. 10. The Incentive Offer is not available if the Contract for Sale contains an extended settlement date. Prices and availability of Eligible Lots are subject to change without notice. 11. Eligible Purchasers must rely on their own enquiries and the Contract for Sale. 12. The Incentive Offer is not an offer of finance. FPA takes no responsibility and is not liable for payment of the Eligible Purchaser s stamp duty, strata levies or other tax liabilities or government charges.
3 LIMITED OFFER Rental Guarantee 1. Frasers Property Limited ( FPA ) is offering the Rental Guarantee Offer subject to these terms and conditions ( Rental Guarantee Offer ). 2. The Rental Guarantee Offer is available on selected apartments within the developments known as Kingston and Vicinity developments developed by FPA at Cockburn Living, Cockburn Central, in Western Australia 6164 ( Eligible Lots ). a. Kingston Apartments: 99, 125, 153, 163, 166, 167, 173, 175, 178, 185, 191, 195, 197 & 199 b. Vicinity Apartments: 28, 42, 58, 89, 23, 43, 47, 48 & This promotion commences on 23 March 2017 and ends on 30 June 2017 ( Promotion Period ). 4. To be eligible for the Rental Guarantee Offer, a purchaser ( Eligible Purchaser ) must: a. enter into an approved Contract for Sale for an Eligible Lot during the Promotion Period (Contract for Sale); b. settle the purchase of the Eligible Lot by the settlement date stated in the Contract of Sale (Settlement Date); c. enter into any other agreement provided for under the Contract for Sale, including a property management agreement in relation to the Eligible Lot ( Property Management Agreement ) appointing the property manager selected by FPA ( Property Manager ); and d. otherwise comply with these Terms and Conditions and the terms set out in the Contract for Sale and the Property Management Agreement. 5. The Rental Guarantee Offer entitles the Eligible Purchaser to receive a rental guarantee from FPA (as the seller of the Eligible Lot) from the period commencing on the date of settlement of the Eligible Contract and finishing on the date that is offered by FPA in its absolute discretion and set out in the Contract for Sale, that is up to 36 months after settlement. The detailed terms and conditions of the rental guarantee, and the obligations of the Eligible Purchaser, are set out in the Contract for Sale and Property Management Agreement. 6. The amount of the rental guarantee to be provided by FPA under the Rental Guarantee Offer will be equivalent to the difference between the rent actually received under a lease of the Eligible Lot during the period of the rental guarantee under the Contract for Sale following settlement and an amount equivalent to 5.0% per annum of the purchase price of that lot for the period of the rental guarantee. The property management fees payable by the purchaser will be deducted from the Maximum Guaranteed Amount paid to the purchaser each month ( Maximum Guaranteed Amount ). 7. The total amount of the rental guarantee to be provided by FPA under the Rental Guarantee Offer is capped at the Maximum Guaranteed Amount.
4 8. From the settlement date of the Contract of Sale, the Eligible Purchaser is responsible for the payment of all charges, costs and expenses in respect of the Eligible Property, including (but not limited to): a. All rates, taxes, charges (including fixed charges) and other similar expenses payable in relation to the Eligible Property (whether periodically or not); b. All strata levies payable for the Eligible Property; and c. All land tax payable for the Eligible Property. 9. The amount of any rental guarantee payment will be made by FPA (as the seller) on a monthly in arrears basis, payable into the bank account nominated by the Eligible Purchaser. 10. The Rental Guarantee Offer is not an offer of finance. FPA takes no responsibility and is not liable for payment of the Eligible Purchaser s stamp duty, strata levies or government changes. The seller has no liability to make any payments in respect of any outgoings in connection with an Eligible Lot. 11. Neither FPA (as the seller) nor the Property Manager will have any liability in connection with any damage or loss caused or contributed to by any tenant that occupies an Eligible Lot. 12. The Rental Guarantee Offer also entitles the Eligible Purchaser to receive the following items: a. Supply and Installation of Builder s standard range slim line venetian blinds by Sunblock Blinds (standard colour only) excluding wet areas and laundry, b. Supply and Installation of Dishwasher SMEG DWAU214X or equivalent, c. Provision of a Depreciation Schedule. 13. All other terms and conditions in the Contract for Sale and Property Management Agreement apply. To the extent of any inconsistency between these Terms and Conditions and the Contract for Sale and/or the Property Management Agreement, the Contract for Sale and/or the Property Management Agreement will prevail over these Terms and Conditions. 14. This Rental Guarantee Offer cannot be taken in conjunction with any other offer made by FPA from time to time without FPA s prior written approval, including the Frasers Property Developer Incentive. 15. The Incentive Offer is not available if the Contract for Sale contains an extended settlement date. 16. If the Eligible Purchaser does not complete the purchase of the Eligible Lot by the Settlement Date, or if the settlement is extended by request or default of the Eligible Purchaser, the Eligible Purchaser will not be entitled to the Rental Guarantee Offer and FPA will not be required to make any payment to the Eligible Purchaser. 17. Prices and availability Eligible Lots are subject to change without notice. 18. Eligible Purchasers must rely on their own enquiries, the Contract for Sale and the Property Management Agreement.
5 GOVERNMENT GRANTS and ASSISTANCE PROGRAMS Each of the grants and Government assistance programs described in the advertising material are subject to their own eligibility criteria. Eligibility for one grant or Government assistance program does not guarantee eligibility to another. For further information on eligibility criteria and the application process, please refer to the Western Australia Department of Finance website for the First Home Owner Grant and the First Home Owner Rate of Duty, see for the Home Buyers Assistance Account see for Keystart Low Deposit home loan see Please note that whilst reasonable care is taken to ensure the contents of advertising material is correct as at March 2017, this information is to be used as a guide only and is subject to change. The information provided does not take into account individual purchaser s circumstances and purchasers should rely on their own enquiries and seek advice from their own professional advisors.
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