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Friday, September 9th, 2016

Construction Update – September 2016

Exciting week at Timbertop with the gateway to the park taking shape. Construction of the 2ha park remains on-track for completion by summer. We have around 150 lots under construction at various stages throughout Timbertop. In coming weeks, we will be excited to make available the Hilltop Release (Stage 21 & 22) in Timbertop West. Construction has commenced on these elevated lots and the stage will encompass 8 lots greater then 800m2 (up to 1059m2). Here is an update on each of the stages:

 

Stage 20 – The Orchard Release (Lots 2001 to 2038)

Construction 80-90% complete. Title Registration & Settlements are estimated for November. Recent fine weather has aided works to progress quickly. Underground services, retaining walls, road works (including curb and channel works, footpaths) are complete. Asphalt will commence within the fortnight and the majority of work expected to be complete towards the end of September. Auditing and compliance certificates will be received during October and then submitted for Title Registration. In anticipation of settlements for November, purchasers are encouraged to check their finance approval are in place.

 

Stage 6A & R –  The Leisure Release (Lots 636 to 667)

Construction 30-40% complete. Bulk earthworks, underground services and road boxing mostly complete. Commencing retaining walls and crushed rock sub-base for roads. Completion expected late 2016. Title Registration & Settlements estimated for January 2017.

 

Stage 10 – The Sanctuary Release Part 1 (Lots 1001 to 1046)

Construction 40-50% complete. Bulk earthworks, underground services and retaining walls complete. Commencing crushed rock sub-base for roads. Completion expected late 2016. Title Registration & Settlements estimated for January 2017.

 

Stage 10A – The Sanctuary Release Part 2 (Lots 1047 to 1062)

Works not commenced. Title Registration & Settlements estimated for July/August 2017.

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