Important update about your upcoming settlement at MAC Residences
MAC Residences: Important Settlement Update
The team at Frasers Property would like to provide an update on progress at MAC Residences, in particular the pre-settlement inspections and forecast settlement timings.
Whilst we have made significant progress with customer inspections (over half of building now completed) we have experienced some construction delays that have slowed this process. The builder and our team continue to work methodically throughout the building to ensure that we can conduct inspections as soon as each apartment is ready.
If you have already been invited to inspect:
It is likely that you will still be due to settle in late-January*.
If you have not yet been invited to your inspection:
Pre-settlement inspections will continue after we re-open on 8th January, 2024. We will invite you to book an inspection as soon as we have a confirmed date. We expect settlement of these apartments to take place in February*.
Please contact us if you would like us to confirm the status of your apartment, or if you have any other queries about the settlement process.
*Subject to construction progress and receipt of title registration and occupation certificate.
Valuations
The majority of apartments are now ready for valuations (with some exceptions), if your bank is ready to book in, please enquire with the Midtown Sales team on 13 38 38.
Title Registration
We currently expect to receive title registration for MAC Residences this year. As and when this occurs, we will notify your solicitor.
Occupation Certificate (OC)
We expect to receive OC early in the new year and it will be provided to your solicitor when the settlement notice is issued.
Thinking about leasing your property?
If you are considering leasing your new investment property, our Frasers Property Management service could be the best solution for you. Our dedicated on-site team can show your apartment to prospective tenants prior to settlement, ensuring you get the best possible tenant for your investment.
Contact us via the link below to enquiry.
We will continue to keep you updated throughout the process, but in the meantime, if you have any questions, please do not hesitate to email customercareNSW@frasersproperty.com.au or call 13 86 88 or +612 9767 2297.
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