Frequently Asked Questions

Groundix offers a unique “build now pay later” solution, providing a complete turnkey service for your new home, development, or apartment project. We take care of everything from organizing the finance and handling building approvals to managing the conveyancing and overseeing the entire construction process. The best part? You don’t make any payments for the first 18 months after the project commences.

We cater to a range of building needs, including new individual home builds, residential developments (like duplexes or townhouses), and apartment buildings.

Our “build now pay later” scheme allows you to proceed with your new home, development, or apartment project without making any payments for the first 18 months after construction begins. We organize the necessary finance, and you only commence payments after this initial 18-month period.

Based on our “build now pay later” model, you typically don’t need to make any payments for the first 18 months after construction starts. However, the specifics of the financing and any potential initial costs will be discussed in detail during your consultation.

You will begin making payments after the initial 36-month period following the commencement of construction. The specific repayment schedule will be outlined in your finance agreement.

Following the initial 36 months, you will begin making repayments according to the terms of the finance package that we organized for you. These terms, including interest rates and repayment periods, will be clearly explained upfront.

The specifics of the finance package, including whether interest accrues during the initial 18 months, will be detailed in your individual agreement. We are committed to transparency and will ensure you have a clear understanding of all financial aspects.