Getting familiar with the suburb, including its location and proximity to amenities will help you to find the right block for you.
Make an obligation free appointment with one of our sales agents to learn more about Denman Prospect and how they can help you find your dream block.
Our sales suite is located at 37 Kondelea Way, Denman Prospect and is open 7 days, 10am to 4pm
Before you decide on which block is right for you, we recommend you consult an architect and/or builder to explore the various options Denman Prospect has to offer.
Visit the Building Resources page for specific details about each block, including the Block Details Plans and Block Fill Plans.
Before securing your block, contact us to check that your preferred block of land is available, as availability can vary daily. Transfer your initial deposit of $1000 to the Clayton Utz Trust Account to secure your block. This deposit forms part of 5% of the purchase price required at exchange of contracts. If you decide to withdraw from the purchase, the initial $1,000 deposit is fully refundable, prior to exchange of contracts.
Exchange of contracts is required within 3 weeks of paying the initial deposit. We strongly recommend you seek independent legal advice before exchanging contracts. Your solicitor will arrange for your contract to be exchanged when the balance of your 5% deposit is paid and contracts are signed.
Settlement is generally 20 working days after the exchange of contracts for land-ready blocks. Extended settlements may be considered on request. For land not yet ready to build, settlement is required 10 working days after the notification of the Crown Lease Registration. Payment of the remaining balance of your purchase is required at settlement. Please ensure your bank or financier has unconditionally approved your loan application before settlement.
Goods & Services Tax (GST) Withholding Scheme
As of 1 July 2018, GST for your land sale will be collected separately under the GST Withholding Scheme and is payable when you settle on your block of land. When settlement occurs, you will be required to provide a cheque payable to the
Australian Taxation Office (ATO) for the GST withholding amount. Your settlement statement will outline the GST withholding amount. For more information, visit the ATO website.
The ACT Government is offering stamp duty concessions for people who exchange contracts for a single-residential dwelling block in the ACT between 4 June 2020 to 30 June 2021*. *Subject to eligibility requirements at www.revenue.act.gov.au/covid-19-assistance.
Engage a builder or find inspiration from our display village homes. Denman Prospect display village showcases homes by some of the region’s leading builders. Before commencing the construction of your new home, your plans must be approved by Capital Estate Developments Design Coordinator. You may wish to start this process in advance of your settlement in conjunction with your builder so that you can start building as soon as possible, after your settlement.
Everything you need to know about your block is attached to your contract and can be accessed from the Building Guide page.