Diamond Wheels Pty Ltd and Keo Holdings Pty Ltd - Notification - N40770 N

Applicant(s)

  • Diamond Wheels Pty Ltd
  • Keo Holdings Pty Ltd

Notification number(s)

  • N40770
  • N91546

Summary

Diamond Wheels Pty Ltd and Keo Holdings Pty Ltd ldoged notifications in relation to the offer of vacant land allotments for sale on the condition that consumers enter into the following agreements concurrently:

- a contract note with the Notifiers for the sale and purchase of an allotment upon which the residential improvements will be constructed, which is expressed to be conditional upon the purchaser entering into a separate building contract for the construction of residential improvements on the allotment with the Builder; and

- a building contract for the construction of the residential improvements on the allotment with the Builder, pursuant to the condition in the Land Contract with the Notifiers.