SIGNATURE BROADBEACH UPDATE – AUGUST 2022

29TH AUGUST 2022

We are pleased to advise significant progress has been made over the past month with the removal of the tower crane and hoist (builders lift). Passenger lifts are now installed and operational, façade glazing complete and all levels up to 30 are fully plastered with joinery installed.

Level 4 amenity and lobby continues to progress well, and we have commenced streetscape works.

Program remains on track with Levels 1-33 due for completion and settlement in mid to late October and Levels 34-35 due for completion and settlement in early to mid November.

SETTLEMENT PROCESS

As we are move closer to settlement, we would like to ensure you are aware of the settlement process. We will shortly distribute via the Signature Broadbeach App a Settlement Pack which will clearly outline each step from now until settlement.

A letter should have been received by your solicitor advising that the first Community Management Statement and the Survey Plan have been lodged with Council. We expect that these documents will be lodged with the Titles Office in 4-6 weeks.

Please note that with settlement fast approaching, you should be well on your way to finalising your finance arrangements.

PURCHASER INSPECTIONS

To ensure you have sufficient time to make arrangements to attend your purchaser inspection we will advise you of your inspection time during the week via a calendar invitation in your Signature Broadbeach App.  The Purchaser inspections will be conducted throughout late September to early October.

Please be aware we have to adhere to strict site guidelines while conducting purchaser inspections as it remains a live construction site, therefore, we may not have flexibility for purchaser time and date requests. We will however try to accommodate where possible. Guidelines will be provided with your invitation and within the Settlement Pack.

SIGNATURE BROADBEACH APP

The Signature Broadbeach App will be our main source of contact until settlement, therefore, we highly recommend you downloading the app via the link in the email you would have received earlier this month.  If you are having trouble accessing the app, if you have not received the invitation or if you choose not to download, please contact your settlement agent or email settlements@kmdevelop.com so we can ensure you receive the relevant information.

ULTIQA – BUILDING MANAGER

ULTIQA have informed us they are experiencing high demand for accommodation over the Summer holiday period with unprecedented nightly room rates (e.g reaching up to $1,000/night for a one bedroom apartment) in their Air on Broadbeach and Beach Haven on Broadbeach properties. If you are considering Management by ULTIQA, please contact Scott Carlin on (07) 2139 5816 or via email at manager@ultiqasignature.com.au to explore your possible investment returns further.

If you have any additional queries or would like specific topics addressed in future updates, please do not hesitate to contact us via the Signature Broadbeach App or atsettlements@kmdevelop.com