NO HIDDEN, EXTRA FEES !
Hidden costs when purchasing a building package – what are these and why do you pay them?
Purchasing a building package from a developer often carries costs a buyer is not aware of. These costs can include the following:
Rates and taxes are paid from transfer of the land, prior to commencement of construction and throughout the build period – 60% more on undeveloped land
Levies from transfer of the land for the full duration of your build.
Bond repayments on the land portion of the building package from date of transfer
Interim interest to be paid on the building draws over the duration of the building period
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