1. How many lots are being sold?
There will be fifty-two (52) unregistered lots available for sale as follows:
- 4 x dual-serviced lots; and
- 48 x single-serviced lots.
2. Are there any dual-serviced lots being sold?
Yes. Proposed lot 240 is still available for sale. To view the dual-serviced lot listing, please visit the dedicated webpage; Available Land.
3. How do I find out the size of the lots?
Each lot listing will contain a concept plan, showing where each proposed lot is situated within Stage 5 Release 2 of Keswick Estate; as well as lot area details and basic lot dimensions.
4. What are unregistered lots?
Unregistered lots have yet to be registered with NSW Land Registry Services. They may also be referred to as 'proposed lots'.
5. When will the lots be registered?
There is no set date for lot registration yet, as it is contingent on several factors; including construction completion. Lot registration cannot occur until construction of the lots have been completed.
It is anticipated for lot registration to occur within the second quarter of 2023.
6. When will construction be finished?
There is no definitive date for construction completion as it is contingent on, amongst other things, fair weather conditions.
However, it is anticipated that construction will be completed by the second quarter of 2023.
7. Can I see the lots?
As construction of the subdivision is not yet complete, access to the proposed lots cannot be provided. Progress of construction can be seen from Keswick Parkway.
8. Is there a price guide?
Each lot will be listed with a purchase price. The prices will vary for the different sized lots.
9. What lots are for sale?
The lots that are for sale are listed under the dedicated webpage; Available Land.
10. When is settlement?
Settlement will occur thirty (30) days after the lots are registered with the NSW Land Registry Services.
11. How many lots can I buy?
Due to high demand, there is a two (2) lot restriction for lot sales (Restriction). The Restriction applies to you and your related entities (including companies). This means that you, and your related entities, can only buy two (2) lots out of the fifty-two (52) available for sale in Keswick Estate Stage 5 Release 2..
The relevant definitions applicable to the Restriction are as follows:
A “Company” means a company registered under the Corporations Act 2001 (Cth).
A “Holding Company” means a Company of which the first Company is a subsidiary.
If a Company is a:
- Holding Company of another Company;
- subsidiary of another Company; or
- subsidiary of a Holding Company of another Company;
then the first-mentioned Company and the other Company are related to each other.
An entity is a “Related Entity” to a Company if:
- that entity is:
- a director or member of the Company;
- the spouse, parent, sibling or child of a director or member of the Company;
- a director or member of a Related Company;
- the spouse, parent, sibling or child of a director or member of a Related Company;
- the entity controls (or has effective control) over the Company;
- the entity has a significant influence over the Company;
- the operations, resources or affairs of the Company are material to the entity; or
- the operations, resources or affairs of the entity are material to the Company.
A person is a “Related Individual” to another person (Principal) if that person is a:
- sibling; or
of the Principal.
As part of the contract for sale, you (and all other proposed purchasers) will be required to sign a Statutory Declaration confirming that:
- you are aware there is a Restriction; and
- you have not breached the Restriction.
If Council becomes aware of a breach of the Restriction, it is entitled to terminate any relevant contract related to the breach of the Restriction.
12. How much deposit do I need to pay?
A deposit of ten percent (10%) of the purchase price will be required.
13. What are the contract terms for the purchase of a lot?
All lots will be sold under the same contract terms. You can obtain a copy of the contract by contacting Dubbo Regional Council; Contact Us.
14. Can I get legal advice on the contract terms?
It is strongly recommended that you obtain legal advice on the contract terms prior to signing the contract.
15. Who can I contact if I have any queries?
Please contact the Property and Land Development branch of Dubbo Regional Council by: