VIP PURCHASE PROCEDURE AND TERMS & CONDITIONS FOR

THE MERLOT RELEASE AT EVERLEIGH

Mirvac QLD Pty Ltd (Mirvac) intends to run VIP sales release for The Merlot Release at Everleigh (Sales Release) for selected potential purchasers.

The following conditions apply to all potential purchasers invited (at Mirvac’s discretion) to participate in The Merlot Release at Everleigh. Other arrangements may apply for Mirvac Staff, previous purchasers and existing project partners who may be offered sales appointments before VIP Clients.

If you are interested in purchasing a land lot in Mirvac’s VIP Sales Release, the following steps and conditions apply. Mirvac reserves the right to vary, replace or terminate procedures from time to time.

Step 1 – You must be registered as a VIP Mirvac Client prior to the Registration to Purchase (RTP) opening.

By registering in Mirvac’s database, you become a VIP Mirvac Client (Client) and will receive the sales release information by email. This email provides you with the link to the online RTP form together with the date and time the online form will open.

Step 2 – Sales Release

The following conditions will apply to Clients who wish to take part in the Sales Release:

1. There will be an opportunity for Mirvac staff, previous purchasers and VIP Mirvac Clients to reserve and purchase properties at the listed price before the properties are released to the general public.

2. Mirvac has imposed a cap (at its discretion) on the number of investor sales that will be made in this Sales Release. At contract signing, if you have indicated in your RTP submission that you will be an owner occupier, you may be required to sign a statutory declaration affirming that status. If at contract signing you are unwilling to sign the statutory declaration, your RTP may be deemed void by Mirvac (at its discretion), your $5,000 Ballot payment (if paid) refunded and you may not be eligible to be part of this Sales Release.

3. The link to the online RTP form will be emailed to the Everleigh project database and open on Monday 30th September 2024 at 10am AEST where purchaser details need to be provided. RTPs will be accepted until Tuesday 1st October 2024 at 10am AEST.

4. Clients are restricted to one (1) RTP submission per person. If more than one submission is received, only the first submission will be included, and all duplicates will be removed. If a Client submits another RTP in a different name(s) then only the first submission will be included and all other RTPs will be removed.

5. You are required to enter into the contract of sale in the EXACT name or names as submitted in your RTP. Proof of Photo Identification (ID) will be required prior to signing a contract of sale. The RTP and position in the queue IS NON TRANSFERABLE. Please check the accuracy and spelling of the RTP form prior to submission as errors may deem the RTP invalid.

6. Proof of finance pre-approval or letter of pre-qualification from your bank/broker, in the format provided on the Customer Finance Requirements flyer, must be obtained and uploaded to the online RTP form to take part in the Sale Release. If you are a cash buyer for house & land you will be required to upload proof of funds. If you are a cash buyer for land only you will need to upload proof of funds for the land sale and proof of finance for the build, landscaping & fencing.

7. Buyers who enter into a contract of sale as part of this Sales Release must enter into a build contract with one of the Everleigh Display Village Builders; each being familiar with the Everleigh Design Standards & Guidelines that will also form part of the Contract of Sale. Buyers will be required to provide evidence of signing a build contract with an Everleigh Display Village Builder within 60 days of signing the land contract, unless otherwise agreed with Mirvac.

8. Upon successful submission of of an RTP form, Clients will receive an email with a unique four-digit reference number.

9. The unique four-digit reference number of the clients who submit a fully completed and valid RTP form will go into a Ballot to be drawn on Tuesday 8th October 2024 at 10am AEST. The Ballot will be filmed and available for live stream via a link supplied via email.

10. Mirvac will draw out a select number of Ballot entries to determine the order of the opportunity to purchase (cap imposed by Mirvac at its discretion), until the cap has been reached. Mirvac Staff will be drawn first, then previous Mirvac purchasers, then owner occupiers, then a select number of investors should the Ballot cap not be exhausted.

11. Subject to compliance with these terms and conditions, Clients that have been successful in being drawn from the Ballot (Selected Clients) will receive an email from Brisbane.marketing@mirvac.com on Tuesday 8th October 2024 confirming their opportunity to purchase and bank account details to pay their $5,000 Ballot payment. Selected Clients will be required to respond to the email attaching proof of their Ballot payment by Wednesday 9th October at 5pm AEST. If proof of Ballot payment is not received by Wednesday 9th October at 5pm AEST then the Selected Client’s RTP will be void and Mirvac may select another Client from the Ballot entries to replace that Selected Client.

12. Mirvac has a limit on the number of sales that can be made to clients that are not Australian citizens or permanent residents (Foreign Purchasers) so reserves the right to cease selling to Foreign Purchasers at any time. For further information, please contact a Mirvac sales consultant.

13. Due to Foreign Investment Review Board requirements, the following photo ID is required to be produced for each purchaser regardless of whether they are a Foreign

Passport; OR
Australian Drivers Licence and Medicare card; OR
Permanent Residency Card/Immi card.

14. Factors used to determine the order of lot allocations appointments at the VIP Sales Release include:

The completion and validity of the RTP form session; AND
The validity of your finance pre-approval or pre-qualification documentation (at the discretion of Mirvac); AND
Your unique four-digit number being drawn in the Ballot; AND
The date and time at which your fully-refundable $5,000 Ballot payment is recevied.

Step 3 – Lot Allocations

1. Subject to compliance with these Terms and Conditions, Clients will be contacted by phone in Ballot order by one of Mirvac’s sales representatives between Wednesday 9th October and Friday 11th October 2024 to confirm their lot allocation and contract signing appointment time.

2. During the Client’s lot allocation phone call between Wednesday 9th October and Friday 11th October 2024 they may select a property from those available for sale and elect to proceed to purchase. The $5,000 Ballot payment will be applied as the deposit under the Contract. The signed Contract of Sale (Contract) must be received by Mirvac’s solicitors by 5pm AEST Friday 15 November 2024. If the balance of the deposit and signed Contract is not provided on time, then the property may be re-listed on the market. The list price may change upon re-listing.

3. If the Client elects not to proceed to sign a Contract of Sale, the $5,000 Ballot payment will be fully refunded within 10 business days from when Mirvac confirms buyers’ account details.

4. Once sales are open to members of the public, the list price may change.

5. The Contract of Sale must be completed in the exact name as your RTP. If you wish to add additional names to the Contract of Sale it will be subject to the Mirvac Sales Manager’s approval (in their absolute discretion).

6. Clients cannot assign or otherwise dispose of his or her rights or interest in the Contract prior to the settlement date unless agreed by Mirvac.

7. Following exchange of the Contract, Clients will be bound by the terms of the Contract.

8. Mirvac may draw more Ballot entries than there are properties available and there may be no properties available for sale at the time the Client is in line to be contacted based on the order drawn in the live Ballot. If there are no properties available you will be notified by the Sales Consultant. The live recording of the Ballot draw and the list of reference numbers drawn in order will be sent to the Everleigh database following the draw.

Step 4 - Ballot Payment

1. You will be required to pay a fully-refundable $5,000 Ballot payment by Electronic Funds transfer (EFT). You must quote your unique four-digit reference number and your surname in the description when processing payment. Your $5,000 Ballot payment must be received by Wednesday 9th October at 5pm AEST following receipt of an email from Brisbane.marketing@mirvac.com advising that you have been successfully drawn in the Ballot. Payment details will be included in this email.

2. You must reply to your confirmation email attaching a copy of the transfer receipt/deposit slip. Your unique four-digit reference being quoted and evidence being provided will assist in the speedy allocation of funds to the correct property.

3. If a payment receipt is received after this date and time, your Ballot will be void and you may not be eligible to be part of the Merlot Release at Everleigh.

4. CASH, CHEQUE, CREDIT CARD OR EFTPOS will not be accepted.

5. Mirvac’s solicitors will issue a trust account receipt for payment of the Ballot payment.

6. Your participation in the RTP and Ballot process and paying the $5,000 Ballot payment does not guarantee you the right to purchase a property. Mirvac reserves the right (at its discretion) to refuse to sell you a property or proceed in any aspect of the process described above. Should you not proceed to contract, your $5,000 Ballot payment will be refunded.