OLIVINE | $10,000 Deposit Promotion

Terms and Conditions

Background to Promotion

1. Mirvac Victoria Pty Ltd (ABN 42 006 708 363) of Level 8, 1 Southbank Boulevard, Southbank VIC 3006 (Mirvac or the Promoter) recently introduced the $10,000 Deposit Promotion for all land lots for sale at Olivine (Promotion).  

2. The Promotion will run for a limited time and is only applicable on all land lots at Olivine. 

3. The Promotion commences at 10:00am on Monday, 18th December 2023 and ends at 5:00pm on Sunday 30th June 2024 (Promotion Period).

4. Under the Promotion, subject to these terms and conditions, a deposit in the amount of $10,000 must be paid, in full, by Eligible Buyers who purchase land lot (Eligible Property) during the Promotion Period.  

5. The following terms and conditions apply to the Promotion. By participating in the Promotion, Eligible Buyers agree to be bound by these terms and conditions.

Promotion Terms and Conditions 

The Eligible Buyer will only be entitled to take part in the Promotion if the following terms and conditions are satisfied:

6. The Promotion is for buyers who: 

a. are natural persons over the age of 18 years and are not a company, registered builder, superannuation funds or persons acting as agent on behalf of other persons;

b. have not been referred to Mirvac or Olivine by a referring channel agent;

c. are not an employee, agent, consultant or related entity of Mirvac;

d. enter into an unconditional contract of sale with Mirvac for the purchase of an Eligible Property (Contract) during the Promotion Period; 

e. pay the full amount of $10,000 as a deposit on or before the date required by the Contract; 

f. comply with the terms of the Contract and are not otherwise in default under the Contract; and

g. settle the acquisition of the Eligible Property on the due date for settlement required under the Contract;

h. have not exercised the cooling-off period under the Contract;

i. must inquire with your financial institution and receive a “comfort letter” (in a form acceptable to Mirvac) which is to be provided to Mirvac prior to the Contract being entered into. The purpose of the comfort letter is to provide assurance that the purchaser can settle their purchase under the Contract. 

Further Terms and Conditions of Promotion

The following additional terms and conditions also apply to the Promotion:

7. The Eligible Buyer acknowledges and agrees that the Promotion is non-transferrable, non-refundable and cannot be exchanged for cash. All taxes which may be payable as a consequence of receiving or participating in the Promotion are the sole responsibility of the Eligible Buyer.

8. The Eligible Buyer must disclose the contents of this Promotion to any lending institution providing finance to the Buyer to assist with the purchase of the Property.

9. The Eligible Buyer forfeits all rights to receiving or participating in the Promotion if the Eligible Buyer does not comply with any of these terms and conditions or any term or condition under the Contract. 

10. To the extent permitted by law, Mirvac is not liable to the Eligible Buyer for any direct, indirect, consequential, exemplary, incidental, special or punitive damages arising out of or in connection with the Eligible Buyer’s participation in this Promotion even if Mirvac has been advised of the possibility of such damages.

11. Prior to an Eligible Buyer’s entry into the Contract, Mirvac reserves the right, at its sole discretion, to cancel, terminate, modify, extend or suspend the Promotion at any time without notice.

12. If there is any inconsistency between these terms and conditions and the provisions of the contract of sale entered into by a person participating in the Promotion, the contract of sale prevails.

13. These terms and conditions are governed by the laws of Victoria.

Privacy Collection Statement

Privacy Collection Statement

14. The Mirvac Group (Mirvac Limited and its controlled entities) collects and uses personal information about you to promote its products and services and may disclose personal information to third parties agents and services providers. Mirvac also uses your personal information for related purposes including to request your feedback on the products and services provided by Mirvac. If you do not provide all the personal information Mirvac requests from you, Mirvac may be unable to provide these products or services to you.

15. Mirvac may disclose personal information about you to third party agents and service providers to assist Mirvac in the operation of its business to provide the products and services you request. Your personal information may also be disclosed to overseas recipients who use the personal information to assist Mirvac in the operation of its business in countries including, but not limited to, the United States of America, the Philippines, Japan and United Kingdom.

16. The Mirvac Group Privacy Policy (available on www.mirvac.com) contains information about how you may request access to and correction of personal information Mirvac holds about you, or to make a complaint about an alleged breach of the Australian Privacy Principles. You can also contact our Mirvac Privacy Officer using the following details: Phone: (02) 9080 8000; Email: privacy@mirvac.com; and Address: 'Mirvac Privacy Officer', Mirvac Group Compliance, Level 28, 200 George Street, Sydney, NSW 2000.

17. By participating in the Promotion, you agree to Mirvac using your personal information to promote its products and services. If you no longer wish to receive promotional information from Mirvac, you may advise Mirvac of your wish. The Mirvac Group Privacy Policy contains information about how you may send your request to Mirvac.

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Mirvac acknowledges Aboriginal and Torres Strait Islander people as the Traditional Owners of the lands and waters of Australia and we pay our respect to their Elders past and present. Mirvac acknowledges the Traditional Owners of the country on which we stand, the Wurundjeri Willum Clan of the Kulin nation and we recognise their enduring connection to the land, waters and culture. We pay our respects to their Elders past and present.

Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.