Property development is underway...

I am extremely excited to say that NDH Property Development have finally commenced construction of our property in Rowville. While the wait has been over 13 months since signing a contract, it is almost worthwhile now we can see the structure starting to go up all across the land.

While the contract originally stated settlement of approximately December 2008, this is clearly unachievable now. Discussions have been had and it is anticipated that now construction has commenced, each stage (3 stages in total) should take approximately 3-4 months to complete with a high probability of stages overlapping. Based on this, stage 3 should be complete within 6-12 months depending on how much overlap and how efficient they can be.

Christmas is the timeline I am working to and any settlement after November will be considered a complete and utter disappointment. (considering that will make it 20 months since agreeing to purchase the property) The additional money that we've already had to spend on rent, moving, disconnection and reconnection of services... I estimate that we have added an additional $15k to the purchase price just for the privilege of having to deal with them... This hurts...especially when they provide little to no communication and correspondance... They have cost us financially and have made no effort to assist or even apologise for the inconvenience caused...

Anyway, time to look forward and not backward...I thought I would add some photos so you can see the changes that have occurred from start up until now.

April 2008 - The site before any excavation or construction had commenced:

Photo#1: The shed in the middle of the block