Simply living.
Contents Our Homes 3 Our Expertise 5 Our Architecture & Design 6 Our Difference 7 Lifestyle & Location 8 The Investment 10 Financial Partners 11 Pre-site Process 12 First Home Owners 13
3 Our homes balance style and practicality. Our Homes Situated in a range of vibrant locations across Victoria, our designs blend contemporary architecture with the great outdoors. Starting at the foundation right through to opening the front door, we take care of everything you need to build your dream home at one fixed price.
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5 With over 20 years experience in the property industry, we re known for our personalised customer service and intelligently-designed homes. Being at the forefront of design trends and lifestyle needs means our properties strike the right balance between innovation and functionality, for a home that will last the test of time. Integrity is at the core of everything we do. Our Expertise We have the expertise to guide you through.
6 Choose from beautiful designs tailored to you. Our Architecture & Design Choice is important. That s why we offer a range of architectural designs in classic and contemporary styles tailored to suit your needs and unique personality. Choose from three or four bedrooms, stunning open-plan living and dining areas, and modern bathrooms built using quality materials. The intuitive flow of our designs complement the way you want to live. You just tell us how you envision it and we will make it happen.
7 We like to make our process simple, including everything upfront. Our all-inclusive homes cover all the essentials, plus those extra home comforts that set us apart. Our Difference Front & rear landscaping (turf & watering system with timer included) Modern cement style letterbox Split system A/C (reverse cycle/inverter) Folding clothesline with concrete pad underneath LED downlights throughout entire dwelling Upgraded facades selections Overhead cupboards to kitchen & above fridge space 20mm engineered stone bench top to kitchen Westinghouse cooking appliances Dishwasher included Holland blinds throughout in your choice of colour Privacy glass to bathroom, ensuite & WC windows Half share fencing allowance (timber paling) TV antenna F lyscreens to all openable windows Coloured concrete driveway and entry path Double towel rails to bathrooms & toilet roll holders Tiled shower bases Upgraded hand-held shower fittings with soap dish Semi-frameless shower screens Laminated two door cabinet to laundry Sliding doors to wardrobes Upgraded front entry door with frosted glass Extensive floor tiling area Upgraded 450 x 450mm floor tile options (gloss or matt) Quality carpet & underlay as standard Porcelain tile splashback to kitchen Double flood lights to rear yard (x2) 2 sets of double power points to all bedrooms Remote control garage door Brick above windows MBG10 Timber Framing
8 A H&L home is your space to unwind whilst enjoying all the conveniences of a community. Our developments are situated close to regional centres with school, shopping and transport options nearby to meet the needs of a modern lifestyle. Yet far enough away to enjoy the ocean, parks and some fresh air. Lifestyle & Location Offering the freedom and tranquility of a natural setting.
9 We design homes where you can enjoy life.
10 Make reliable returns from the word go. Our Specialised Investment Solution H&L Victoria specialise in completing our house and land investor packages to a level ready for your tenants to move straight in; without the headache of dealing with contractors to complete the home. We include those time-consuming items such as fencing, landscaping, window coverings and TV antenna so that your investment can make returns sooner. We can even organise the depreciation schedule for you to supply to your accountant. Property Management Once your investment property is complete, you will need an experienced Property Manager to find you good tenants and manage your property to protect your investment. H&L Victoria have relationships in place with reliable property managers in all of our service areas and we ll be happy to connect you with the right person. The Tax benefits of depreciation for new Homes While the owner of any income producing property is eligible to claim depreciation, those building a brand new property for investment purposes will usually receive higher depreciation deductions. Owners of brand new properties are eligible to claim the full deduction for the cost of the building structure, fittings and fixtures. As the table shows, the owner of a newly built house can claim between $8,300 and $10,700 in depreciation deductions in the first financial year alone. Over five years this accumulates to between $32,500 and $42,800 in deductions which the owner can claim as a tax deduction. Based on a tax rate of 37%, investors will receive an average annual cash return of between $2,405 and $3,167 from a newly built house, depending on its size and assets. Please note: Information above is only an indication. We encourage you to seek independent advice from a financial planner before buying an investment property. Figure 1. Depreciation deductions for brand new homes The Investment Property type Purchase price First year deductions Five year cumulative depreciation 2 Bedroom house $332,670 $8,300 $32,500 $2,405 3 Bedroom house $397,590 $9,800 $38,900 $2,879 4 Bedroom house $424,600 $10,700 $42,800 $3,167 Average annual cash return* *The depreciation deduction in this scenario have been calculated using the diminishing value method of depreciation. A. 37 tax rate has been assumed to calculate the average annual cash return over the first five years of ownership. Source: https://www.realestatetalk.com.au/building-more-value-depreciation-and-new-houses/
11 We understand the importance of having the right finance broker. It can mean the difference between owning your dream home or missing out. Our expert finance partners provide fast and reliable service to help you find the best finance solution. With a choice of over 30 lenders and 100s of loans, they can find the one that suits you best. A variety of home loans, such as new, existing, First Home Buyers, construction, and investment loans Loans from specialised construction lenders The choice between variable or fixed rate loans Home equity loans Refinance loans to invest in a new home, or consolidate debts Reverse mortgages Sourcing the optimum loan to meet your needs Financial Partners We partner with the experts.
12 Our pre-site process outlining everything required before we can start the build. Initial Deposit Balance of 5% Deposit Plumbing Information Compliance Pre-site Process Initial deposit of $2,000 is paid to lock in your house pricing and cover the drafting of house plan and creation of your HIA building contract. Drafting Drafting of your plans including your facade selection will be scheduled and completed by our Architectural draftsman. Colour Selection To make our process quicker and easier our interior designer has curated interior and exterior colour themes which you can select from. If you would like to select your individual colour themes and fixtures we will ask our colour consultant to contact you directly to schedule your colour selection appointment. The colour appointment will take up to 3 hours. You can take some photos of external and internal colours that you like prior to your appointment which you can share with the colour consultant on the day to make it an easier process. HIA Building Contract Once your building contract is complete you will be provided with two full copies for signing along with your drafted plans and supporting documents. Once signed, you will need to provide your lender with a fully signed copy in order for them to apply for unconditional finance approval for your loan. Unconditional Finance Approval Once unconditional finance approval is received from your lender in writing, you will need to provide us with a copy for our records. At this stage the balance of the 5% deposit is payable, minus the initial $2,000 deposit paid in step 1. Full Working Drawing Once the 5% deposit is paid, full working drawings will be completed including all elevations and electrical plans. These plans will be the final version which will be used to construct your home so it s very important that you check them carefully before final approval. Note: Design changes after this stage will incur an additional administration fee of $1,000. Soil Test Once your land is titled, the soil test and site survey will be completed which will give us all of the information that s required for the foundation design. The BAL (Bushfire Attack Level) rating will also be assessed at this point and will be confirmed in the survey report. Developer Approval Most developers set their own regulations for house design, siting and colour palletes to be used throughout their estate. This is so they can maintain quality control over their development which will protect your investment. All house plans along with full colour detail must be submitted to the developer for approval before we can proceed any further towards gaining the building permit. Timeframes for this step will fluctuate a lot depending on the particular developer and the volume of current applications. Engineering, Energy Rating and Wind rating Now that we have developer approval we can move forward with foundation engineering and obtaining the energy rating which will be a minimum of 6 star. The final step before being able to apply for the Building Permit is to apply to the relevant water authority to get the conditions of connecting to all of the plumbing services for your block (ie: water, sewer & drainage). The standard timeframe for this is 21 days, however, turnaround times can fluctuate a lot depending on the number of pending applications. Building Permit Once all of the above steps are completed all plans and relevant information will be sent to the registered building surveyor to assess and issue building permit. Once the building permit has been issued, the builder will email you the Building Permit along with the below documents: stamped approved plans certificate of currency home owner warranty insurance commencement notification letter OH&S construction information Your lender will require all of this information so please forward the entire email to them with all attachments. Site Start Prior to the building works commencing the builder will complete the production estimating and ordering for materials and supplies. Site files will then be prepared for all relevant trades and handed over to the construction supervisor to begin booking in the first steps for the foundations.
13 Start the next chapter. If you re a First Home Buyer, now is the ideal time to enter the property market, with the introduction of an increased First Home Owner Grant and concessions on stamp duty. First Home Owners The First Home Owner Grant (FHOG): Is a one-off payment of either $10,000 for buyers in metropolitan areas, or $20,000 for regional clients when building your first home. Eligibility requirements include using the home as a principle place of residence for atleast 12 months, limiting purchases at $750,000, and if buying with a partner, both parties being first home buyers. To meet the criteria, the property being purchased must either be a newly built home being sold, vacant land for building a new home, or a house and land package. FHOG is only available for contracts signed between 1st July 2017 and 30th June 2020. The FHOG can t be used as a deposit. As of 1st July 2017 a full stamp duty concession applies to purchases up to $600,000 and a reduced concession applies for purchases between $600,000 and $750,000. Receiving your Grant: Paid on settlement for a new home off the plan. Paid to builder with first progress payment for a contract to build. Paid on receipt of Certificate of Occupancy for an owner-builder.
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