Construction Update November 2018

Kingston Coast Stage 1 – Works are now underway for the sewer pump station, with an anticipated completion date in the third quarter 2019. Weather permitting, the bulk earth works for the Stage 1 subdivision and drainage basin will be able to commence March/April 2019 after the initial earthworks for the pump station are complete. We anticipate title for Stage 1 in the third quarter 2019.

– Kingston Coast Stage 2 – Subdivision works are forecasted to commence mid-2019.

– NAC 1 – Asphalt is now complete and authority inspections will be commencing shortly. Unfortunately the Electrical installation has been delayed due to unforeseen circumstances and we anticipate this will be complete by the end of November. With the subsequent Powercor inspections and audits, and considering the Christmas period, we are now forecasting title late January 2019.

– NAC 2 – Works are underway internally with initial bulk earthworks, as well sewer and stormwater drainage now complete. Water and gas is currently underway. Anticipated title the third quarter 2019.

– Stage 34 – All on-site works are now complete and we are awaiting compliance from Powercor, Barwon Water & Council & hope that this will occur in the coming weeks. We anticipate title in December 2018. Please bear in mind these processes are subject to the timeframes of the relevant authorities and are outside our control.