OK it is official. I have received a Notice of Termination via a Legal representative called Chalmers Legal Studio. I have honestly never seen anything more unprofessional. The letter was not put on any letterhead, was not signed by any person (only Chalmers Legal Studio), and had no explanation only a list of clauses.

1. SGC Securities – Your…[Read more]

Write to the Office of State Revenue in WA and ask for a 12 month extension based on the property not yet being built and uncertainty as to whether it will go ahead. They will charge interest on the amount owed to them but at least you wont be putting down tens of thousands of dollars. You at least then buy yourself a further 12 months which…[Read more]

My understanding is that MLG is the realestate agent and SGC Securities is the developer of Tambrey.

Last I heard was that SGC Securities (the developer), have been attempting to source construction finance however securing this finance has been unsuccessful. SGC have apparently engaged in negotiations with another Western Australian developer to…[Read more]

Hi Renoah04,

I am paying 8.5% management fee. $5.00 postage plus GST for my property in Gladstone. Being an investor from Sydney I was also shocked at the high levels of commission but when I asked around it seemed to be the going rate. My agent is REMAX Gold and I have found them to be very efficient. I get a condition report every 6 months and…[Read more]

My property Manager in Gladstone is Remax Gold. Talk to Cyndi Ward – She is professional, efficient and friendly. Good luck.

I also bought an apartment off the plan earlier this year and have had little or no luck seeking progress information. Last I heard (about 1 month ago), the assigned builder went into liquidation. The developer is now seeking a new builder for the project. I spoke to my solicitor who then spoke with the developers solicitor and was advised that…[Read more]