“Buy on or before 31 March 2011 and settle on or before 31 May 2011, and we will cut your mortgage by up to $22,500”*

* Terms and Conditions relating to this are:

• Exchange on or before 31 March 2011.

• Settle on or before 31 May 2011.

• List price is “cut” by a Rebate off list price granted on settlement, effectively cutting your mortgage.

• Rebate calculated at 7.5% of list price.
• “Buy” means exchange contracts.

Explanation of Offer is as follows.

“Cut your mortgage by up to $22,500”
*Based on $300,000 land list price. The amount of the “cut” (i.e. rebate) varies for each lot. Terms and conditions apply.

“Land for sale from $195,000”
**Price after applicable rebate; rebate based on 7.5% of list price. ^Only 3 lots at $195,000. Average lot price $205,000 after applicable rebate.

“Add that to the first home buyers grant and the NSW Government’s zero stamp duty offer and the saving could add up to around $40,000.”
*** Subject to NSW Office of State Revenue eligibility criteria being satisfied.