Buy with Complete Confidence
No Inspections scheduled
Our Clients have Complete Confidence
Kim Cawthorne
176 reviews
Reviewed by Graham (Buyer) 3 Dec 2024
Kim Cawthorne
176 reviews
Reviewed by Sharyn (Vendor) 3 Dec 2024
Kim Cawthorne
176 reviews
Reviewed by Madeleine & Simon (Vendor) 29 Nov 2024
Kim Cawthorne
176 reviews
Reviewed by (Buyer) 29 Nov 2024
Kim Cawthorne
176 reviews
Reviewed by Frank & Nicole Jellesma (Vendor) 27 Nov 2024
Kim Cawthorne
176 reviews
Reviewed by Shane & Rebeca (Buyer) 25 Nov 2024
Kim Cawthorne
176 reviews
Reviewed by (Buyer) 16 Nov 2024
Kim Cawthorne
176 reviews
Reviewed by Elias2017 (Buyer) 13 Nov 2024
Kim Cawthorne
176 reviews
Reviewed by (Buyer) 8 Nov 2024
Buying Faq
Yes, the conveyancer will legally process the transferring of ownership (including rights, title and interest) from one legal entity into another. A conveyancer is required for both selling and purchasing of property.
A Contract of Sale for the purchase of a property is a legally binding document, failure to honour the obligations under the contract will result in a breach of contract.
Generally, the deposit is 10% of the purchase price, this can be negotiated with the Sales Agent. The deposit is held in the Sales Agent trust account until settlement, with the deposit forming part of the purchase price.
Cooling off is two clear business days, with this period ending midnight on the last business day. Within this time frame should you wish to not move forward with the purchase you are given the opportunity to cool off. If you do wish to do this, notice would need to be completed in writing to your Agent.
Should you wish to proceed with the purchase, once your cooling off period has ended your deposit will be due in your Agent’s trust account.
In South Australia, the equivalent to a Section32 is the Form 1.
The Form 1 is a statement that is required under Section 7 of the Land and Business (Sale and Conveyancing) Act 1994. This document is made available once a contract has been signed by all parties. This document will contain information on the property itself, including details like:
- Vendor & Purchaser
- Selling Agent
- What ‘cooling off’ rights you have as a buyer
- Details on matters that may affect the property, such as encumbrances, mortgages, zoning, building approvals
The below may be terms you come across:
- Restrictive Covenant:Â Relates to any conditions that may stop you developing the property in certain ways.
- Encumbrance: Will appear on a title if any restrictive covenants are included on the property, which may affect the title by controlling the future use or development of the land.
- Easement: Can include agreements or rights of a neighbour to use a part of your property to access their own. This also may include an easement over the land for SA Water or SA Power to access services on the property.
- Leases and tenancy agreements: Relate directly to occupancy of the property.
- Development: Will inform you of anything relating to the Development Act such as building approvals, land management agreements with the local council, etc.
If you are purchasing a strata titled property, even if self-managed, the Form 1 will outline any fees and certificate of currency for insurance.
Community Strata: Boundaries are defined by the building on the community parcel. The buildings are part of the common property, therefore the corporation must maintain and insure.
Community Schemes: Boundaries for each lot are defined surveyed land measurements. Each lot owner needs to maintain and insure buildings on their lot. The community corporation must insure any structures in common areas.
The corporation is required to formally meet at least once a year to consider items like insurance and any legal requirements. Each owner has one vote. The unit entitlements determine the amount each owner pays towards insurance and other fees – found on the community plan. By-laws are provided for the administration, management and regulation of the use of the common property and community lots.
If you are purchasing a community titled property, even self-managed, the Form 1 will outline any fees and certificate of currency for insurance.
Once all conditions have been met and you have paid your deposit, your settlement date won’t be too far away.
Before your settlement date, there are a few things to organise and your Sales Agent would be more than happy to run through these steps with you, from organising removalists, connecting your services (electricity and gas) and changing your postal address to name a few.
Your Sales Agent can speak with you in further details surround the type of lease the tenants are in, being either fixed term agreement or periodic tenancy.
Should the property have a tenant in the property, as the buyer you would take over as the landlord of the property until the tenants lease end date or whichever date comes first, being either lease end date or settlement date.
Buying Faq
Yes, the conveyancer will legally process the transferring of ownership (including rights, title and interest) from one legal entity into another. A conveyancer is required for both selling and purchasing of property.
A Contract of Sale for the purchase of a property is a legally binding document, failure to honour the obligations under the contract will result in a breach of contract.
Generally, the deposit is 10% of the purchase price, this can be negotiated with the Sales Agent. The deposit is held in the Sales Agent trust account until settlement, with the deposit forming part of the purchase price.
Cooling off is two clear business days, with this period ending midnight on the last business day. Within this time frame should you wish to not move forward with the purchase you are given the opportunity to cool off. If you do wish to do this, notice would need to be completed in writing to your Agent.
Should you wish to proceed with the purchase, once your cooling off period has ended your deposit will be due in your Agent’s trust account.
In South Australia, the equivalent to a Section32 is the Form 1.
The Form 1 is a statement that is required under Section 7 of the Land and Business (Sale and Conveyancing) Act 1994. This document is made available once a contract has been signed by all parties. This document will contain information on the property itself, including details like:
- Vendor & Purchaser
- Selling Agent
- What ‘cooling off’ rights you have as a buyer
- Details on matters that may affect the property, such as encumbrances, mortgages, zoning, building approvals
The below may be terms you come across:
- Restrictive Covenant:Â Relates to any conditions that may stop you developing the property in certain ways.
- Encumbrance: Will appear on a title if any restrictive covenants are included on the property, which may affect the title by controlling the future use or development of the land.
- Easement: Can include agreements or rights of a neighbour to use a part of your property to access their own. This also may include an easement over the land for SA Water or SA Power to access services on the property.
- Leases and tenancy agreements: Relate directly to occupancy of the property.
- Development: Will inform you of anything relating to the Development Act such as building approvals, land management agreements with the local council, etc.
If you are purchasing a strata titled property, even if self-managed, the Form 1 will outline any fees and certificate of currency for insurance.
Community Strata: Boundaries are defined by the building on the community parcel. The buildings are part of the common property, therefore the corporation must maintain and insure.
Community Schemes: Boundaries for each lot are defined surveyed land measurements. Each lot owner needs to maintain and insure buildings on their lot. The community corporation must insure any structures in common areas.
The corporation is required to formally meet at least once a year to consider items like insurance and any legal requirements. Each owner has one vote. The unit entitlements determine the amount each owner pays towards insurance and other fees – found on the community plan. By-laws are provided for the administration, management and regulation of the use of the common property and community lots.
If you are purchasing a community titled property, even self-managed, the Form 1 will outline any fees and certificate of currency for insurance.
Once all conditions have been met and you have paid your deposit, your settlement date won’t be too far away.
Before your settlement date, there are a few things to organise and your Sales Agent would be more than happy to run through these steps with you, from organising removalists, connecting your services (electricity and gas) and changing your postal address to name a few.
Your Sales Agent can speak with you in further details surround the type of lease the tenants are in, being either fixed term agreement or periodic tenancy.
Should the property have a tenant in the property, as the buyer you would take over as the landlord of the property until the tenants lease end date or whichever date comes first, being either lease end date or settlement date.
List With Confidence
Our dedicated Commercial Team have the expertise and knowledge of the market; to deliver the confidence that you need when listing your property for sale or lease.
Discover the Mount Gambier Commercial Precincts
Property Insights
Echoes of Time: Discovering the Legacy of 19 Commercial Street West, Mount Gambier
Nestled in the heart of Mount Gambier, 19 Commercial Street West stands as a testament to the city’s rich commercial heritage. Since the establishment of its first business in 1866, this iconic site has welcomed over 30 different occupiers, each leaving its unique mark on the building and the community. The origins of 19 Commercial…Read More→
Investing in the Legacy: 81 Smith Street, Naracoorte – An Iconic Historic Bank
Nestled in the heart of Naracoorte, 81 Smith Street stands as a proud testament to the region’s rich commercial history. Originally constructed in 1873 as a purpose-built bank, this iconic building underwent a significant remodel in 1956, adding a modern banking chamber to its southern side. With its distinguished architectural features, blue-chip lease, and historical…Read More→
The Journey of 43 Commercial Street West
The history of 43 Commercial Street West is filled with a rich tapestry of owners and transformations. From its humble beginnings to its current state as a thriving hub to 3 new businesses, this building has witnessed numerous changes over the years. In 1938, the property was acquired by R Hutton, marking the beginning of…Read More→
Comparing Commercial and Residential Property Investments: Which is Right for you?
When it comes to investing in property, one of the biggest decisions you’ll need to make is whether to invest in commercial or residential real estate. In this blog we will explore both options as they both have their own set of advantages and disadvantages, and understanding the key differences between the two, to help you decide which one…Read More→
Business for Good Breakfast with Tom Linnell
Our Commercial Team recently joined Chamber of Commerce hosted breakfast, with guest speaker Tom Linnell. Tom is the Sustainability Coordinator and Educator at Tenison Woods College, 2022 Churchill Fellow and Managing Director of EcoThink. Tom spoke on a number of sustainability topics, focussing on answering the question “how can we do what we do indefinitely?”….Read More→
Health Industry Leases and What it Takes to Secure
The recent establishment of SA Health’s new outpatient clinic at 1/165 Commercial Street East, Mount Gambier has involved the full suite of skills for the Complete Commercial Leasing team to achieve this blue-chip outcome. The property selection process required the assessment of various buildings and their existing internal and structural attributes. This information is then…Read More→
Complete Activity
Stay up to date with Complete Commercial sales and leasing activity – gain access to our latest listings, updated listings and sold/leased listings.
Our sister company Complete Real Estate; is giving complete confidence to the residential real estate market.