Auction Overview 106 single residential blocks for sale by Public - - PowerPoint PPT Presentation

• 106 single residential blocks for sale by Public Auction.
• Auction schedule and reserve prices are published in the

sales flyer.

• Auction commences at 9am Saturday 27 February 2016 at

the National Convention Centre, Canberra.

• Pre registration is required. You will not be able to register
• n the day.

Auction Overview

• Registrations will be held at the LDA’s office:

TransACT Building Level 6, 470 Northbourne Avenue Dickson ACT

• Registrations open:
• 8am to 4pm Monday 15 February 2016
• 8am to 4pm Tuesday 16 February 2016
• 8am to 7pm Wednesday 17 February 2016
• You can appoint someone to act as your agent.

Registration Details

• A completed Auction Registration Form.
• Proof of Identification for everyone you wish to have on the

contract and lease.

• If you are appointing someone to register and/or bid and sign a

contract on your behalf they will need to bring:

• A completed Appointment of Agent form.
• Proof of identification.
• A copy of your proof of identification.

Registration Checklist

• Bidding Card.
• Proof of Identification for everyone you want to have on the

contract/lease.

• Deposit.
• If you are appointing an agent they will need to bring:
• A completed Appointment of Agent form (if this wasn’t

provided at registration).

• Proof of identification.
• A copy of your proof of identification.

Auction Day Checklist

• Bidding will commence at the reserve price.
• If you are the highest bidder above the reserve you will be

required to sign a First Grant Contract.

• The Contract is a legal binding document which you will sign

directly after the fall of the hammer.

• You will be required to pay a 5% deposit on the day or 10% if

you are using a deposit bond.

• You can pay by bank cheque, EFTPOS/Credit Card or a deposit
• bond. Cheques should be made out to Land Development

Agency.

Auction Day

• Cash will NOT be accepted and you will not be permitted to

leave the venue to arrange your payment.

• If your payment is more than the required amount this can be

credited towards your settlement or the LDA can arrange for a refund of the difference.

• You can purchase as many blocks as you wish to bid for.
• Land Rent is not available for blocks sold via auction.

Auction Day

• Stamp Duty is payable 90 days (May 2016) after you exchange

contracts.

• Settlement for the blocks in this release is expected to occur

between March 2017 and June 2018.

• You will be notified when the LDA has received Operational

Acceptance and asked to confirm your details for the Crown Lease.

• You will have 30 days to settle after the LDA issues your lease.
• You are responsible for fencing your block after settlement.

What Happens After the Auction?

• You should speak to your bank and/or a financial adviser for

information specific to your situation.

• You should ensure you have read and understand the sales

documentation for this release including the Throsby Housing Development Guide.

• The LDA strongly recommends you appoint a solicitor.
• You should speak to a builder/architect about what you want

to build and to help you find a block that meets your needs.

What Should You Do Next?

• Location and attributes
• Staging and yield
• Open space network
• Environment
• Timing

Throsby Overview

Location

• East Gungahlin on Horse Park Drive
• 2.5kms to GTC
• 1km to future Capital Metro on Flemington Road
• 11kms to Civic

Attributes

• Relatively flat site but a feeling of elevation with views to

Brindabellas, Black Mountain, Mount Majura and into Nature Reserves

• 2 distinct landforms – Gungaderra creek and hilltop in south
• 106ha in area
• 2.3kms in length
• 800m wide
• Surrounded to north and east by nature reserve
• Capital Works duplication of Horse Park Drive

Staging and yield

• Low density residential estate

1,099 dwellings

• 20% multi unit
• 80% single residential – 874

dwellings

• 20% affordable housing
• 5ha community facility (use to be

determined)

• Mixed use commercial site

(1000sqm)

• Significant open space, woodland

learning centre associated with the Nature Reserve

• Road network derived around

view corridors into the nature reserve and to Black Mountain and Brindabellas

Open Space

• Built around site characteristics
• Gungaderra Creek Park – connection, trees, ponds
• Playgrounds:
• Central neighbourhood (Gungaderra Creek)
• Hill top park
• Natural play local parks (near Sanctuary and Woodland

Learning Centre)

Environment

• Gungahlin Strategic Assessment 2013 reduced site area by ¾ to

protect sensitive habitat that has formed expanded nature reserve

• Many mature existing trees retained on site
• Foraging habitat for Superb Parrot that nests in the nature

reserve

• Woodland Learning Centre – promote local knowledge or, and

engagement with the nature reserve

• Potential expansion of Sanctuary fence

Throsby Housing Development Guidelines

• Standard Servicing Conditions and Advice
• Block Specific Requirements
• Sustainability and Design Controls

• Standard across all Housing Development Guidelines.
• Relates to:
• Services
• Environment protection (e.g. turf supply)
• Drainage, geotech, fill and other matters

Standard Servicing Conditions

• Cat containment
• FFTP (NBN Co)
• Planning Controls
• Utility Access
• Bushfire Protection
• External Noise Mitigation
• Boundary definitions
• Courtyard walls

Block Specific Requirements

Planning Delivery, EPD

Throsby Information Session development considerations

• Land use Zonings approved for the

Throsby Estate include: – RZ1 Suburban Zoning - for the majority of Single dwelling blocks; – RZ3 Urban Residential Zoning for all Multi-unit blocks and the remaining Single Dwelling blocks; – PRZ1 Urban Open Space Zone – for parkland within the estate; and – CFZ Community Facility Zone – For a future 5ha Community Facility Site – CZ5 Mixed Use Zone – For a mixture of small scale facilities – TSZ1 Transport Zone – for collector roads.

EDP– Approved Zonings Throsby Estate –Sheet 1

EDP– Approved Zonings Throsby Estate –Sheet 2

• Land use Zonings approved for the

Throsby Estate include: – RZ1 Suburban Zoning - for the majority of Single dwelling blocks; – RZ3 Urban Residential Zoning for all Multi-unit blocks and the remaining Single Dwelling blocks; – PRZ1 Urban Open Space Zone – for parkland within the estate; and – CFZ Community Facility Zone – For a future 5ha Community Facility Site – CZ5 Mixed Use Zone – For a mixture of small scale facilities – TSZ1 Transport Zone – for collector roads.

Residential Development Codes

Residential Development Codes – The Residential Development Codes are part of the Territory Plan, and establish the rules for the design and siting of residential buildings. – The Residential Zones Development Code and the Single Dwelling Housing Development Code, can be found via the Territory Plan link at: – http://www.legislation.act.gov.au/ni/2008-27/current/default.asp What is the size of the Block? – Compact Block 250m2 or less; – Mid-sized Block greater than 250m2 but less than or equal to 500m2,

• r a block size between 500 and 550m2 identified in a Precinct Code as

mid-sized block; – Large Block area greater than 500m2.

EDP – Planning Controls Throsby Estate

• Precinct Code planning controls

for Throsby will include: – Bushfire Construction requirements - AS3959; – Noise attenuation for blocks fronting Horse Park Drive; – Boundary fence details; – Building height and mandatory setback requirements; and – Nomination of Limited Development Potential Blocks, Surveillance Blocks, Side Boundary 2 locations, Mid-sized block provisions and secondary street frontages in accordance with the Single Dwelling Code.

EDP – Planning Controls Throsby Estate

Development Applications

Exempt from Development approval Compliance with all relevant rules of the Precinct Code and Development Code means that Building Approval can be sought without the need for Development Approval (DA).

Development Applications

Exemption Declaration If your proposal complies with all of the relevant rules except for a minor encroachment of some rules, you may wish to seek an Exemption Declaration from the planning and land authority. An Exemption Declaration, if granted, can mean that you can seek Building Approval from a Building Certifier, without the need for a DA.

Development Applications

Merit Track DA If a DA is required to be considered against one or more Criteria, it will be assessed in the Merit Track. Information about lodging DAs through eDevelopment is available at:

http://www.planning.act.gov.au/tools_resources/e- services/edevelopment