Please find below the latest update from the developer of Lantern:
Lantern is well advanced and nearing completion. The scaffolding is currently being peeled off showcasing the beautiful architectural elements of the building. Internally, all the contractors are working cohesively to deliver the project to the highest standard in a timely and orderly manner. Kitchens, bathrooms, plastering and tiling are almost complete, as well as all the wonderful shared spaces including the green gardens, gymnasium, and roof top entertainment zones.
Moving forward, we will provide you with some helpful hints to guide you through the settlement process.
Our team have a dedicated contact person as the point of contact for all matters relating to the settlement of Lantern.
We will advise of settlement timing, assist with finance enquiries, as well as conduct bank valuation and purchaser inspections.
In relation to the programme, the status is as follows:
The key programme items are as follows:
- Site set up works Completed
- Bulk excavation Completed
- Basement works Completed
- Structure works Completed
- Services rough in Completed
- Window glazing Completed
- Facade cladding Completed
- Internal fit out works In progress
- Finishing works In progress
- Title registration
- Ready to settle
Settlement is anticipated for early November 2017.
We will keep you updated as we get closer to this date.
For legal matters, please ensure you continue to liaise with the legal representative. They will require a fully executed copy of the Contract of Sale as a starting point. If a legal representative is yet to be appointed, please ensure it is done so immediately.
If finance is required to settle the apartment, you need to ensure you are working diligently with them to ensure all documentation is in place in readiness for settlement. Please note the application process is longer, and significantly slower. If a financier is yet to be appointed, please ensure it is done so immediately.
The financier may require a bank valuation inspection to be carried out in order to complete the loan application.
The bank valuation inspections are by appointment only and must be booked through us.
In due course we will provide you will details on the valuation process.
At this stage, we expect valuations to commence in early October 2017. We will advise you of a firmer date with our next update.
Final Inspection Appointments
The purchaser or a representative of the purchaser will have an opportunity to view the apartment, by appointment only.
Again, the final inspection will be by appointment only and must be booked through us.
We will advise you of firmer date with our next update.
Kim is your dedicated contact person for all matters relating to construction updates and settlement.
Her details are as follows:
Name: Kim Velardi
Phone: 03 9347 6006
We attached updated construction photos showcasing the beautiful prototype apartment.
We thank you for your cooperation.