Urban Renewal Authority ABN 86 832 349 553 trading as Renewal SA (“Renewal SA”) is offering a special promotion for a limited period between 28 April, 2017 and 30 June, 2017.
The value of this promotion has the potential to deliver savings up to a value of $16,830 to eligible purchasers.
The following sets out the full terms and conditions of the offer and qualifications.
Vacant housing allotments (as outlined in the table below) owned by Renewal SA and located within the development known as The Square at Woodville West (not including Apartments, Terrace product or development allotments) that are listed for sale through The Square’s selling agents, Harcourts Property People, RLA60810.
|Eligible Allotment||List Price||Stamp Duty Savings||Revised List Price|
|Lot 2 Henderson Avenue||$335,000||$13,080||$321,920|
|Lot 81 Nicholls Terrace||$335,000||$13,080||$321,920|
|Lot 92 Elizabeth Street||$365,000||$14,580||$350,420|
|Lot 96 Elizabeth Street||$410,000||$16,830||$393,170|
|Lot 98 Elizabeth Street||$380,000||$15,330||$364,670|
|Lot 99 Elizabeth Street||$370,000||$14,830||$355,170|
|Lot 100 Elizabeth Street||$370,000||$14,830||$355,170|
Some purchasers, due to their individual circumstances, may not be eligible for any or all of the potential savings of the various abovementioned incentives and Renewal SA is under no obligation to make up the difference between the actual savings realised by a purchaser and the full value of the potential savings as listed above.
Stamp duty is a lump-sum tax that anyone buying a property or land costing more than a set amount has to pay. Given an equivalent discount has been applied to the purchase price, Stamp Duty will still be payable by the purchaser. The rate you’ll pay the tax varies based on the price of the property and the property type. More information about Stamp Duty and eligible concessions can be found by visiting https://www.revenuesa.sa.gov.au/taxes-and-duties/stamp-duties
Version 1, 28 April, 2017