There will be 4 stages with a total of 26 houses and a community centre. The 4th stage is currently being built.
Stage 1 was completed in October 2019 and Stages 2 and 3 in July 2022. Stage 4 is expected to be completed early in 2024
Under the contract of sale, a deposit will be paid upon signing the contract (which will be 10% of the purchase price). The balance is to be paid at settlement when the house is completed and the plan of subdivision for the development has been registered. There are no stage payments and the deposit will be retained in a trust account and refunded if the purchaser has a right to terminate the contract (for example, if the plan of subdivision is not registered within the agreed time).
The rates and the insurance for the common property, such as the community centre, will be included in the annual body corporate fee. Although we don’t have a precise amount for the annual Owners Corporation fee at this stage however we estimate it will be around $1,000 per household if income from B&B renting of the upstairs rooms at the Communiy Centre goes according to plan. The rates and insurance for your private freehold are your responsibility and additional to those for the common property.
Yes, each private house will have its own water rates, as well as council rates.
Houses have freehold titles. There is no penalty to sell at any time.
No, homes do not need to be owner-occupied. Homes have freehold titles. Therefore people can do what they want with their own property as long as they follow the Owners Corporation rules.
Yes. Pets are allowed as long as they are kept on people’s private land. Dogs must be leashed when walking in the shared spaces. Cats will need to be kept inside or in an enclosure.
There have been no difficulties. The Council has been very supportive. The planning application was reviewed and approved by Mount Alexander Shire in November 2017. The notification of the planning approval was received in January 2018.
No, we will not have a central car park at The Paddock. That’s because car parking will be located around the perimeter of the development in order to make cars less dominant. The centre of the development will be completely car-free and dedicated to food growing, gardens and recreation spaces.
You have the right to one covered carport per dwelling
Note: If allocated car spaces for each property are not used, they could be converted into private garden or recreational space for that property or rented to another owner.
There will be a chargng point in each carport and power will come from the houses.
Seventy percent of all the properties will be suitable for wheelchair access on either the road side or the garden side. Approximately three houses could have wheelchair access from both the the garden and the access road. In addition, all the 2 storey dwellings could be adapted so that the main living quarters, bedrooms, bathroom and toilet are downstairs.
We are proposing a structure where decisions are made by majority vote at the general assembly. The general assembly is made up of Owners Corporation members who we believe will wish to govern themselves without the need for an external manager.
Houses will be thermally and acoustically insulated well above regulations.
It is an average since all houses have different orientations and will each differ slightly.
The kitchen design will be discussed and adapted to each household's personal requirements. Regarding appliances, we propose a cooktop, rangehood and oven (all-electric). Appliances can be upgraded if necessary, at additional cost.
Yes, we have considered solar hot water but have decided that heat pumps are a preferable solution for The Paddock because:
All private gardens can have their own worm farms with each household being responsible for its own organic waste. Larger scale green waste composting for the agricultural zone will also be provided.