Vestbuild Corporate Profile
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Transcript of Vestbuild Corporate Profile
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About VEStbuILD
our DEVELopmEnt buSInESS
rEShApIng thE futurE
our conStructIon buSInESS
InVESt wIth confIDEncE
why rEcommEnD VEStbuILD?
thE VEStbuILD.com portAL
upgrADES & 6 StAr EnErgy rAtIng
thE VEStbuILD guArAntEE
tImIng & LocAtIon
fAQ
proJEctS
Stylish design,unbeatable
service, attention to detail
& outstanding value
CONTENTS
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ABOUT VESTBUILD
PROFILE
VESTBUILD have built quality homes for hundreds
of happy families across Victoria since 1997.
The VESTBUILD brand is based on four key principles:
stylish design, unbeatable service, attention to detail
and outstanding value.
These four key principals combined with a suite of
modern homes have seen VESTBUILD become one
of Australia’s fastest growing housing companies.
We research and build homes to make our clients
happy and provide them with a great investment.
Our homes are more innovative than any other
homes in the country. We build for the investor
and specialize in homes that provide the best
rental returns, the highest depreciation benefits
and the greatest capital growth.
Our inclusions list is unmatched by any other
builder and our house and land packages are
in Victoria’s best estates.
VESTBUILD BUILD HOMES FOR THE INVESTOR
Our core focus is producing high yielding, quality homes
that are in high capital growth areas across Victoria.
VESTBUILD deal with investment groups and property groups
not just across Australia, but in Asia, the Middle East and
Africa. These investors see not only the benefits of investing
their money in Australia but in VESTBUILD homes themselves.
We pick the best estates. We work with companies
such as STOCKLAND, PEET, SATTERLEY, VILLAWOOD,
AUSTRALAND and VICURBAN which means that our
land acquisition methods are non-biased and purely
commercial. Our reputation as a builder allows us to
secure unreleased land in these estates across Victoria.
WE KEEP YOU INFORMED
Our property groups receive depreciation schedules,
marketing packs, rental appraisals, area information,
Estate Marketing Packs and the unlimited use of
our state of the art Vestbuild.com Agent Portal.
MANAGING DIRECTOR, DENIZ SIVASLI
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RESHAPING THE FUTURE
VESTBUILD specialise in developing homes with spaces
that feel big, versatile and flexible - spaces that can be
re-purposed for daily/seasonal needs. We believe in
squeezing use out of every square inch of space.
While smaller designs are becoming more popular,
compact homes have been built in Melbourne since the
late 1800s: for example, you will have seen the Victorian
terrace housing and cottages in the north Melbourne
suburbs and in Fitzroy and Albert Park.
This small two-three bedroom home was introduced to
the inner suburbs of large Australian cities by the UK in the
1850s when huge swathes were built to accommodate the
Victorian Gold Rush population boom. Building was halted
by an economic depression in the early 1890s and when
it restarted again in the early 1900s, the demand was for
larger houses to accommodate a much smaller population.
It makes sense then that, facing another population
boom coupled with the key issue of affordable housing,
VESTBUILD is committed to continuing the tradition
of creating housing in Australia based on what the
market requires.
Another factor shaping our housing needs is the
unprecedented aging of our population. VESTBUILD
understands this. We understand that the Baby Boom
Generation that’s driven change throughout their lives
now want new housing models that meet their needs.
We’ve learned is that Generation Y are looking for
the same thing: accessory dwelling units in walkable,
urban neighbourhoods.
This need is reshaping the traditional concept of suburban
single family living who are moving away from the traditional
large lot/large houses that have dominated the Australian
property market for the past 20 years. VESTBUILD has
answered this with our intuitive designs that are efficient,
appealing and financially viable.
OUR DEVELOPMENT BUSINESS
VESTBUILD is an un-listed private company that has
been developing in Melbourne Metro and Regional
Victoria for over 15 years.
To date VESTBUILD has delivered 1000’s of residential
properties through various projects Victoria-wide with
a combined value in excess of $2.5 Billion.
Our main focus is Townhouse projects from 10 units
to 55 units, and Land subdivisions from 30 lots to 200
lots in Melbourne Metro as well as Regional Victoria.
Born of VESTBUILD’s extensive property industry
experience, the property development division has
evolved to address key areas of property development
and management.
Our in-house concept creation, design and planning
teams ensure that VESTBUILD have direct control of
all outcomes. This vertically integrated approach means
that projects can be completed on time, on budget
and, above all, maintaining long term quality and
value for every project.
By bringing together our VESTBUILD development
business with our construction businesses we are able
to masterplan the entire build process. This enables
us to ensure that the quality and consistency of a
whole housing community is tightly managed.
VESTBUILD have been busy acquiring high quality
development projects in key growth areas of Victoria,
planning and designing a new level of housing that is
lacking in the existing market place.
VESTBUILD is committed to growth over the next few
years and aims to become an integral part of the future
Australian Property industry.
VESTBUILD has delivered
1000’s of residential properties
through various projects
Victoria-wide with a combined
value in excess of $2.5 BillionHISTORY REPEATS
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OUR CONSTRUCTION BUSINESS
the growth in population in the Victorian residential property marketplace has resulted in an increased need for quality homes that offer value for money.
with roots in its construction businesses, VEStbuILD is a leader in investment building. our construction business is divided into two divisions: multi unit housing
and our house & Land Division. the two divisions work in synergy with one another to produce the best outcome for our clients.
the company derives its income from high volume / low margin construction with an investor-led customer-base. VEStbuILD specialises
in building ‘ready 2 Live’ house and Land packages which include garden landscaping and all internal fittings.
VEStbuILD considers every home we build to be a display home - ensuring we build our homes to the highest standard every time. At any given time, we have hundreds of homes
Victoria wide at various stages of the purchase & construction process.
our construction time, high-level of service and overall quality is unmatched by our competitors. we will continue to lead the industry with our innovative designs and construction processes that make VEStbuILD: the best build.
Our construction time,
high-level of service &
overall quality is unmatched0 0 8
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VESTBUILD have entered a new era of service and
support in the Owner-Occupier and investment property
market in Victoria. VESTBUILD goes that extra step
to make our clients experience as enjoyable, educational
and hassle-free as possible.
VESTBUILD AFTER SALES SERVICE
VESTBUILD employ full-time customer service staff to
coordinate the day-to-day enquiries. Our customer service
team are industry qualified and experienced. They are
contactable seven days a week to ensure you have all
the tools you need to build your investor home.
VESTBUILD ADMINISTRATION SERVICE
Administration is an integral part of our service to you.
Turnaround timeframes for contract processing has a Three
Day Policy for all HIA construction contracts (provided we
have received all documentation in correct order). This short
turnaround maximises the timeframe that financiers need
to get home loans formally approved and construction
commenced. We have a dedicated Contracts Coordinator
who prepares contracts for signing, tracks and follows
signed contracts and records them on our Vestbuild.com
portal for our clients, agents or financiers to download.
CONSTRUCTION DELIVERY
We have state of the art systems to ensure that the
delivery of each home is as per the expectations of
our clients. Our Build Tracker systems are in place for
construction supervisors who maintain updates via their
iPads including regular photos of construction progress.
Our processes are constantly updated and monitored to
ensure we are ahead of the rest in terms of efficiency and
quality in our delivery.
QUALITY CONTROL
We employ a full-time Construction Coordinator who
monitors the work of all of our Supervisors on site:
this means we constantly ‘supervise the supervisor’.
While most firms outsource this job to an external or
‘independent’ contractor who checks the quality once
at the end of the job, we at VESTBUILD check monthly
during construction to ensure all of our products are of
the highest standard and at the level our clients expect.
MAINTENANCE SERVICE
Our customer service line is well equipped to handle all
maintenance requests from our clients or tenants of our
homes. The client’s property manager will be contacted
and a building industry licensed professional will carry
out necessary work.
SUPPORT SERVICE
Client support during the construction period is maintained
through of our state of the art portal VESTBUILD.com.
Each client is given a username and login to access all
documentation and updates, including site photographs,
regarding their property with VESTBUILD. We also keep
our clients up to date by email, telephone or post
- whichever suits them best.
INVEST WITH CONFIDENCE
VESTBUILD goes that extra
step to make our clients’
experience enjoyable,
educational and hassle free
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The founder and director of VESTBUILD understands
investment property. VESTBUILD has been supplying
investment property groups, agents and financial
institutions for the past 15 years.
We currently supply companies Australia-wide with
‘Ready 2 Live’ Townhouse and House & Land packages.
Our knowledge and experience of what makes a feasible
investment means that you can trust us to get on with
all the hard work so our clients have peace of mind.
VESTBUILD.COM – PROPERTY GROUP PORTAL
This state of the art portal gives you live stocklist,
reservations, sales-data, all property information, live sales
tracker, contract and finance monitoring and email updates
on every step of the transaction for each property sold.
MORE REASONS TO RECOMMEND US:
‘Ready 2 Live’ H&L & Townhouse properties: we call
it this because our homes have a greater inclusion
list than our competitors.
n Fixed Price Packages – what you sell at is all your
client ever pays
n Great price points: VESTBUILD has a huge selection
of properties under $350,000
n Majority of our land is titled and the majority
of our projects are under construction
n Self-funded company meaning our projects don’t
require presales and are not subject to financing risk
ensuring all projects start timely and finish timely.
n Over 50% of our properties are Single Contract,
or no construction loan properties (SMSF Friendly)
n A great range of Metropolitan Melbourne Detached
housing as well as Regional Victoria properties available.
n Build times are generally 4-5 months for House
& Land and 6-9 months for Townhouses.
n Your business will have a VESTBUILD dedicated
BDM for all enquiries, available 7 days a week.
n Vestbuild.com – home buyer login: your clients
will receive an automated email as each step of
the property changes. Contract execution, finance
approvals, construction progress are all emailed
to your client automatically. This feature can be
turned on or off at your request.
n We regularly order valuations on all of our projects.
We understand the market is constantly changing
and we make sure our referrers have all of the
up-to-date information to promote our properties.
n Rental Appraisals and Depreciation Estimates
are all available on our Vestbuild.com portal.
WHY RECOMMEND VESTBUILD?
VESTBUILD understands
investment property
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THE VESTBUILD.COM PORTAL
PROPERTY GROUP LOGIN
The vestbuild.com portal allows our referrer’s 24 hours
7 days a week access to all of their VESTBUILD property
documentation and information.
Upon selling/signing your marketing agreement
with us your business will be given a secure
username and password to access your very own
section of our website, which relates exclusively
to your business and sales. You can access:
n Current VESTBUILD properties available
n Live reservation means no double selling as
our system is live and updated constantly
n An up-to-date list of your current reserves and sales
n Property summaries and details including marketing packs,
investment facts, rental appraisals, depreciation estimates,
full contracts of sale and deposit & sale information can
be accessed at your fingertips.
n Finance updates of when your financier updates us
on loan approvals for each property
n Sales tracker – automated email alerts from the portal
for each sale per status change i.e. finance unconditional,
slab poured, frame up, fixing stage etc etc. also your
payments and invoicing will be reminded with
automated emails – so we are proactive with you!
n Drawdown invoices for your H&L bank loans
n Builder receipts for your payments
n Construction photos monthly take from onsite and
uploaded to our portal and automatically
emailed to your clients.
HOME BUYER LOGIN
Our state of the art Vestbuild.com portal allows our
clients 24/7 access to all of their VESTBUILD property
documentation and information at their request.
Upon purchasing a VESTBUILD property you will be
given a secure username and password to access
your very own section of our website, which relates
exclusively to your property. You can access:
n Copies of your signed contracts
n Documentation relating to your property
n Working drawings and engineering drawings
of your property
n All permits and permissions from authorities
n Finance updates of when your financier updates
us on loan approvals
n Drawdown invoices for your H&L bank loans
n Builder receipts for your payments
n Live construction updates at every stage of the
construction progress from site start to handover
n Construction photos taken monthly from onsite
and uploaded to our portal
With VESTBUILD you will always feel informed and will always
be in control of your information at each step of the way.
FEEL SECURE PACK
We understand that your investment is precious and
good security is not only for piece of mind but also a great
depreciation product for your investment. That’s why we
make sure all of our homes come with security precautions
to ensure your investment is always looked after.
VESTBUILD offers a complimentary upgrade for all
our clients by installing:
n High Quality Alarm System with Touchpad and
sensors throughout the property.
n Aluminium Flyscreens fitted to all the windows
throughout the homes
n Aluminium flyscreen security doors with locks installed
to the front door and rear/side sliding doors
n Window locks fitted to all windows throughout the home
n Feature Front door with deadlock
GARDEN MAINTENANCE PACKAGE
VESTBUILD knows how important it is to have your home
look its best at all times, none more so than before your
potential tenant moves in. This is why we offer all of our
clients a complimentary 3 months garden maintenance
service after settlement or hand over.
Our qualified gardeners will mow your new properties’ lawns
(front yard as well as backyard) remove all weeds and keep
all edges trimmed and maintained.
They will also air broom your driveway, paths and
patio areas to ensure your property is cared for until
your tenant moves in.
NEW SUSTAINABLE HOUSING LAWS
To limit household energy use in heating and cooling, State
Governments have introduced minimum construction
requirements. A 6 star energy equivalence rating requirement
for houses in Victoria was implemented from May 2010.
VESTBUILD’s properties not only meet these requirements,
but, as they are built to need less energy for both heating
and cooling, they offer significant savings on energy bills.
To gain this compliance, all of VESTBUILD’s new homes
constructed will utilise some or all of the following to
achieve a 6 Star energy Rating:
n Walls R-Value of R1.5 (Sisalation)
n Ceiling R-Value of R3.0
n Heat Pump Hot Water System (250Lt)
n Window tinting
n 80% energy efficient lighting
n Light coloured roofing
n Solar Hot Water Service
n Energy Efficient Home Designs exclusive to VESTBUILD
n Carefully selected land parcels with attention
to orientation
UPGRADES & 6 STAR ENERGY RATING
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It’s frustrating and expensive when a builder introduces
a whole host of hidden costs after your investment
purchase. This never happens with VESTBUILD.
When we design and build a VESTBUILD property
all the costs are outlined in black and white on the
HIA Fixed Price Building contract or agreement.
All VESTBUILD homes have a large level of inclusions,
as well as ‘Ready 2 Live’ investment pack upgrades,
a ‘Feel Secure Pack’ and a Garden Maintenance
Package, so you know exactly what you’ll be getting
for your money. VESTBUILD covers extra costs if they
should come up, so you can rest assured.
GUARANTEED HOME COMPLETION DATE
We guarantee all of our homes and builds at
VESTBUILD. In fact we put it into all of our contracts.
We believe in being completely upfront and setting
achievable timeframes to deliver our promises to our
clients and we stick strictly by them.
We have a Liquidated Damages Clause in our build
contracts which will reassure you: we finish on time
or we pay for every day we are late.
WARRANTIES
All of the high quality inclusions come with guarantees
and warranties as set out in your building contract.
Once your property is ready to settle or at hand over
stage VESTBUILD provides our customers with the
Hand-Over Pack which will include your set of keys
and any relevant manuals and warranties for the
electrical appliances in your property.
HAND OVER INSPECTION (FINAL INSPECTION)
When you’re building an investment home, you’re
building for tenants who will expect everything
complete and ‘just right’ when they move in.
Unlike some Owner-Occupiers, tenants aren’t
prepared to wait while things are gradually improved.
We understand this: when you invest in a VESTBUILD
home we make sure that it’s completely finished at
handover so that your tenant can simply move in
and enjoy their new rental property.
To make sure everything runs smoothly and your
VESTBUILD investment property is as per expectation,
our very own construction coordinator will arrange
a hand over inspection (PCI) or a final inspection
before settlement. At this meeting our clients are
encouraged to come and view the property.
Alternatively, our clients can send a representative
to inspect on their behalf and sign off. At this point
all hard copies of documentation (soft copies will all
be available online via the Vestbuild.com portal as well),
including all warranties and manuals, will be handed
over, including the keys to your brand new investment
property with VESTBUILD.
THE VESTBUILD GUARANTEE
TIMING & LOCATION
timing and location are absolutely critical to your success as a property investor. It’s not just the market, it’s also the timing in the market. the trouble is, most people don’t know enough about the market to confidently invest beyond their local area.
this is where you really benefit from working with
VEStbuILD. we combine our vast investment experience and research expertise with a unique economic forecast and selection model to identify the suburbs with the greatest growth and demand potential.
through VEStbuILD’s own developments, bulk purchasing, high-quality
service and professionalism, VEStbuILD has also built strong relationships with other leading developers including household names like Stockland, Delfin Lend Lease, Australand, Satterley..these firms specialise in masterplanned community estates, featuring town centres, schools, playing fields, smart technology,
high speed internet (nbn), walkways, and water parks and features, along with strict design guidelines to protect your investment.
VEStbuILD has the ability to access deals usually unavailable to individual property investors, including wholesale pricing, and first pick of the best land available at that estate.
Timing and location
are absolutely critical
to your success
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At VESTBUILD we understand you’ll have plenty of questions in relation
to your new property investment. Here are some of the more frequently
asked questions we get and the answers:
Q what does ‘ready 2 Live’ property inclusions mean?
A ‘Ready 2 Live’ is exclusive to VESTBUILD. While others have
‘turn-key’ inclusions we felt that, as our inclusions list is far
superior and contains exactly what an investor would want
and a tenant would require, we should give it our own name.
‘Ready 2 Live’ simply means that all inclusions are already
installed into your VESTBUILD new property on hand-over:
your tenant will have all items necessary for them to start
living in it. This of course includes landscaping, oven,
dishwasher, driveway plus much, much more.
Q I would like to inspect the site a few times during my
construction, is this allowed?
A I’m afraid not. At VESTBUILD, we don’t like saying no but
for workplace health and safety laws we cannot allow customers
to visit a construction site. Your qualified VESTBUILD Construction
Coordinator will make regular visits to your property during
construction and keep you well informed on construction
progress via our vestbuild.com – home buyer login portal.
Through this portal you will receive regular updates and photos
of your investment. Once the certificate of occupancy is received
you will be notified by the portal (as well as your VESTBUILD
Construction Coordinator) and a site inspection can be booked
for you to inspect.
Q can I make changes to the floorplan of my VEStbuILD property?
A Unfortunately not. We have carefully devised a design and plan with
qualified architects and planners to ensure that your VESTBUILD
investment home meets the developer and council guidelines and
permit conditions. Liveable space, sustainable living and careful
design are all factors that VESTBUILD have considered when
designing our homes to maximise your returns and increase
the enjoyment for the occupier.
Q can I live in my VEStbuILD home?
A It’s your home so you can do what you like. All of our homes are
designed with the occupier in mind. Our ‘Ready 2 Live’ inclusions
ensure everything is included in the homes we build (besides the
furniture) so yes! Of course you can enjoy it too.
Q can a friend of mine do the plumbing for my new
VEStbuILD property?
A VESTBUILD have spent years accumulating our trade base to ensure
we work with the most skilled and reputable suppliers and trades.
We must stand behind our reputation at the end of the job and that
includes the workmanship on the whole property therefore we will only
allow our own tradesmen and materials in our home who have passed
are rigorous quality assurance tests and hold the right qualifications for
our insurance purposes. Therefore we would not be able to allow this.
Q why does VEStbuILD choose the façade of my home?
A Developers of our land estates have strict design guidelines. We have
to ensure the right mix of materials and colours are used in all of the
homes that we build. We are also obliged to take care that any colours
used are in line with the streetscape and side-by-side homes are not
either too similar or too different so that one stands out more than the
others. VESTBUILD employs professional colour and design consultants
who do all the hard work for our clients and ensure that the properties
have a tasteful colour mix throughout the homes we build.
Q Does VEStbuILD have a display suite like all the major builders?
A VESTBUILD has made a choice not to have a display suite like the
other builders. We don’t believe in putting in extra flashy items which
our clients don’t receive in their package price with VESTBUILD.
At VESTBUILD what you see is what you get. Always. We like to
think every home we build are display homes and we believe
that this is why we have a huge list of homes in various stage of
construction throughout Victoria.
Q what’s the purchase process for a VEStbuILD
house & Land package?
A Step 1. Client Signs three copies of the land contracts and the
HIA build contracts; Client pays a $1,000 land holding deposit
upon signing. The referral agent forwards this to VESTBUILD
Step 2. VESTBUILD countersigns the build contracts and the
land developer countersigns the land contracts
Step 3. VESTBUILD creates a username and password for the
Client and emails the Client their details. VESTBUILD uploads a
countersigned copy of the land and build contract to the
Vestbuild.com – buyer login portal for the Client to view.
Step 4. VESTBUILD forwards the agent with a photocopy of the
land and build contract for them to distribute to the Client’s financiers.
VESTBUILD also forwards an original signed land contract to the
Client’s legal representative for perusal.
Step 5. Once the Client’s finance is unconditional, the Client pays a
5% builders deposit and the land then is moved towards settlement.
Step 6. VESTBUILD now applies and obtains the building permit
and moves to taking the home to site.
Step 7. VESTBUILD commences construction and at the end of
each stage invoices the Client with a drawdown invoice and the
Client makes the payments.
Step 8. Once the occupancy permit is obtained, VESTBUILD
organises a Hand-Over Inspection (PCI) with the Client to inspect
the property. The Property Manager is also called in to take photos
and prepare the property for lease to find prospective tenants.
Step 9. The property is handed over and the Client receives all
warranties, manuals and the key to their new property.
Step 10. The property is tenanted.
FAQ
PROJECTS
1 SHANKLAND, MEADOW HEIGHTS
2 GOSFORD, BROADMEADOWS
3 THE YATI, VARIOUS LOCATIONS
4 THE MEKI, DOREEN
5 PATIENCE, DOREEN
6 RIVERSTONE, DOREEN
7 WINDROCK, CRAIGIEBURN
8 ST ALI, ST ALBANS
9 CLOVER KILMORE, KILMORE
10 THE CLAREDON, CRAIGIEBURN
11 FAIRVIEW, MERNDA
12 THE ARC, CRAIGIEBURN
13 THE ARDSLEY, CRAIGIEBURN
14 THE GRAND, CRAIGIEBURN
15 THE ETHERIDGE, CRAIGIEBURN
16 RYRIE, EPPING
17 WEERONA, EPPING
18 SUMMERHILL, CRAIGIEBURN
1 2
3 4
5 6
8 97
11 1210
14 1513
17 1816