Apartments inside new developments are sold off the plan as the project is yet to be built or may be under construction.

Buyers rely on floor plans, artist renders, lists of finishes and fixtures, virtual tours and display suites showcasing the design to make a purchase decision.

Typically, a deposit of 10% is needed to secure an apartment off the plan. That deposit can be paid in cash, bank guarantee, and occasionally a deposit bond. The deposit will be held in a solicitor’s trust account until the project is complete or the sunset period expires.

Renders offer an artist’s impression of what the finished product will look like. While the match cannot be exact, the finished apartment should not change dramatically from the renders.

A schedule of finishes contained within your contract will outline all inclusions. A settlement inspection provides an opportunity to note any defects to be fixed by the developer.

Regulatory approval must be obtained by a developer before any work relating to a proposed project can start on site. It can take a local government authority anywhere from 2 weeks to 12 months to process a DA request in Queensland. Purchasing an apartment on a project with a DA in place provides confidence that the project is likely to proceed to construction.

At the start of each project a developer will establish a clear timeline that gives buyers a guide to when the construction will be complete and the apartment ready for handover.

Delays are inevitable across the course of a lengthy project and are commonly caused by weather and the availability of materials and equipment. A builder and the developer will work together to ensure lost time is made up to keep the project on track.

The sunset clause is a statement in the contract of sale that places a time limit on the contract’s validity. If the project cannot be completed within the specified timeframe, the deposit is returned in full to the buyer or new contracts can be drawn up.

Strata is the fee you pay to the owners corporation for the upkeep of the building and common facilities. Buildings with more amenities and facilities will have higher strata. A sales agent can advise on strata costs for the project you are considering.

Kollosche offers an end-to-end solution for developers – from site amalgamation to design input and supplier referrals, through to marketing assets and campaigns, to sales strategy and implementation. This means you’ll get access to all of the sales and marketing services needed to take your project from concept to sold under one powerful brand.

Our New Projects sales team works alongside Kollosche’s in-house creative and marketing arm, K Media Group, to set every project up for sales success. We’ve invested in the best in the marketing business to drive effective, polished campaigns for maximum multi-media exposure.

Collectively our marketing department boasts decades of experience with leading national and international brands, delivering cutting-edge content across:

• Targeted digital campaigns
• Email marketing to an active database
• Facebook, Instagram and LinkedIn
• Professional videography
• Quality photography
• Engaging copywriting
• Bespoke collateral designs
• Print and digital media exposure

Kollosche New Projects sales team is then able to nurture buyers through their sales journey, backed by an intimate knowledge of your project.  We build the confidence a buyer needs to purchase off the plan and maintain those relationships to settlement and beyond.

process of building an effective brand and all of the marketing assets required to launch your project to market to attract qualified leads and sales.

Our detailed process covers:

• Brand discovery, messaging and guidelines
• Design concepts, logos, templates and asset management
• Launch strategy, roll out plan, and implementation