Atherstone Land Sales by Ballot
Atherstone are proud to offer you a land release by ballot process
The process:
Step 1: Communication
Atherstone will send you an email advising when new land is about to be released.
Step 2: Registering on Release Day
On the release day, you or your representative must attend the Sales and Information Centre and register for the ballot; no phone registrations will be taken.
To register for the ballot you must complete the registration form. Only one registration will be accepted per customer/family. Please do not submit multiple registration forms. The person registering for the ballot will be required to present identification and must be the same person (or people) signing the sales contract.
If the purchaser is unable to attend they may select a person to be their representative and they must provide a licence copy for the purchaser they are representing.
Registrations are only open for a specified time on the day of the release. Strictly no registrations will be taken after the advertised closing time. When you submit your registration form your details will be recorded to ensure there are no duplicate registrations.
When your registration is recorded you will be given a number which is your number for the ballot.
Step 3: Ballot Draw
Numbers will be drawn from the ballot. If your number is selected, you can select which lot you would like to purchase from the land release. If your registration number is drawn and your preferred lot is already allocated, you can choose another lot or you can choose not to proceed. The ballot will continue until all lots are allocated or all registrations are called.
Step 4: Initial Deposit Payment
Once you have selected your lot you are required to pay a holding deposit of $3,000. Strictly no cash payments.
Deposit payment can be made via electronic bank transfer or with a VISA or MASTERCARD.
Please check your daily transaction limits with your bank to increase daily spending limit. Proof of payment via EFT must be shown via authorised banking institute.
Step 5: Sales Contract Signing
Sales contract signings are to occur within 7 days of the deposit being paid. The balance of the 10% deposit is to be paid at contract signing. If contracts are not signed within 7 days and you have not received an extension to sign from Lendlease your holding deposit will be cancelled and deposit will be refunded within 21 days.
You will be required to make an appointment for contract signing at the time of paying your deposit.
Most importantly, we’re here to help you and guide you through the process. For more information about the ballot process please contact the Atherstone Sales & Information Centre on 1800 981 644