$1 BILLION 150 YEARS COMPLETED PROJECTS COMBINED PROPERTY - - PowerPoint PPT Presentation

WHO IS CAYDON

$1 BILLION 150 YEARS $2 BILLION+ 4,000+

APARTMENTS

FEASIBILITY 100 PERCENT

COMPLETED PROJECTS COMBINED PROPERTY EXPERIENCE DEVELOPMENT PIPELINE 5 YEAR PIPELINE EQUALS ACTUAL OUTCOME ON TIME AND ON BUDGET

ONLY

Flemington

MELBOURNE CBD S.T.K

St Kilda

ATRIA

Hawthorn

TRILOGI

Prahran

MARQUE

Collingwood

AMIA

Brunswick East

ONE LYGON

Brunswick

IVANHOE CREMORNE ETTARO

Brunswick East

“LOOKING AT THE LONGEVITY OF A PROJECT FROM A LIVING AND INVESTMENT PERSPECTIVE HAS BEEN THE KEY TO CAYDON’S SUCCESS. WE DELIVER DEVELOPMENTS THAT STAND OUT TODAY BUT ALSO STAND THE TEST OF TIME.”

JOE RUSSO, PRINCIPAL CAYDON PROPERTY GROUP

MOONEE PONDS

THE CAYDON DIFFERENCE

PRIVATELY OWNED INNOVATIVE SPIRIT COMPLETE SERVICE WE DELIVER

Sole owner Joe Russo Ensures fast and efgicient decisions are made across the business Operating for over 15 years We never rest on our last success We raise the bar to create places where people want to live, invest and re-invest End-to-end sales and marketing support Purchaser information nights Dedicated settlement team to ensure exceptional quality and customer service Projects are quick to market Short development program Completed on time

KEY LOCATIONS QUALITY SUPPLIERS

5–10km from Melbourne’s CBD Close to infrastructure, transport and amenity Activity hubs Award-winning architects Tier 1 builders Reputable owners’ corporations

CHOOSING THE HOTSPOTS

Higher rental yield Strong rental demand Attracts quality tenants

Median Apartment Price Growth Caydon vs Greater Melbourne Average

6.4%

2.8%

6.1%

4.6%

25%

22%

Caydon Greater Melb

Weighted average of suburbs with Caydon developments: St Kilda, Brunswick, Brunswick East, Cremorne, Collingwood, Hawthorn, Prahran, Flemington & Ivanhoe. Periods ending October 2014. RPData, Urbis

5 years 3 years 1 years

Percentage growth

AN OUTSTANDING INVESTMENT AND LIFESTYLE OPPORTUNITY JUST MINUTES FROM MELBOURNE’S CBD

Indicative image

CITYLINK MOUNT ALEXANDER RD EVERAGE ST

NORTH MELBOURNE DOCKLANDS

PUBLIC TRANSPORT INTERCHANGE

PARKVILLE

ROYAL PARK

MOONEE PONDS ASCOT VALE FLEMINGTON

MOONEE PONDS TRAIN STATION

CBD

6km

QUEENS PARK

P UC K L E S T H A L L S T

M A R G A R E T S T

H O M E R S T

ROYAL MELBOURNE ROYAL WOMEN’S & ROYAL CHILDREN’S HOSPITALS MELBOURNE ZOO UNIVERSITY OF MELBOURNE QUEEN VICTORIA MARKET FEDERATION SQUARE SOUTHERN CROSS STATION ETIHAD STADIUM PORT PHILLIP BAY CROWN CASINO RMIT UNIVERSITY

N

C I T Y L I N K

TRAM 82

TRAM 57 to city

TRAM 82

HALL ST

PARK ST HOLMES RD N O R W O O D C R E S MOUNT ALEXANDER RD M O U N T A L E X A N D E R R D

TRAM 59 T R A M 5 5 t

• M

e l b

• u

r n e Z

• T

R A M 5 9

BRUNSWICK RD MARIBYRNONG RD P A S C O E V A L E R D LAWSON ST MELVILLE RD MILFAY AVE EDGAR ST MOORE ST

P U C K L E S T

S h

• p

s a n d C a f é s Shops and Restaurants

WAVERLEY ST MANTELL ST B U C K L E Y S T F L E T C H E R S T A L B I O N S T MORELAND RD DEAN ST WILSON ST VICTORIA ST BENT ST EPSOM RD

M a r i b y r n

• n

g R i v e r

1 k m 1 k m

Essendon Train Station Rose St Supermarket Kangan Institute Clarinda Park Aberfeldie Park Essendon Rowing Club Maribyrnong Park Bowling Club Maribyrnong Park Moonee Ponds West Primary School Maribyrnong River Bike Trail Moonee Ponds Creek Bike Trail M

• n

e e P

• n

d s C r e e k Penleigh and Essendon Grammar School Early Learning

• St. Monica’s

Primary School Police Station Clocktower Centre Montgomery Park St Joseph’s School Moonee Ponds Primary School Moonee Valley Racecourse QUEENS PARK Moonee Ponds Train Station Moonee Ponds Medical Centre North West Day Hospital Royal Melbourne University Brunswick Campus The Royal Melbourne Hospital Ormond Park

PUBLIC TRANSPORT INTERCHANGE

Moonee Ponds Junction Bus 505 to Parkville Tram 59 to CBD Tram 82 to Highpoint Ascot Vale Train Station

MOONEE PONDS ASCOT VALE ESSENDON BRUNSWICK WEST BRUNSWICK

MELBOURNE INTERNATIONAL AIRPORT 14km PARKVILLE EMPLOY MENT CLUSTER 4km

MELBOURNE CENTRAL BUSINESS DISTRICT 6km HIGHPOINT SHOPPING CENTRE 4.5km

N

HALL ST HOMER ST M A R G A R E T S T

36 MARGARET ST

MOUNT ALEXANDER RD PUCKLE ST

Shops and Cafés Shops and Restaurants

5 m 5 m

QUEENS PARK

Moonee Ponds Train Station PUBLIC TRANSPORT INTERCHANGE Woolworths Supermarket Kmart ALDI Supermarket Coles Supermarket Post Office Moonee Ponds Central The Coffee Club

N

TRANSPORT Getting around is easy with the tram, train and bus within walking distance 5 train stops to city Tram 59 to hospital and university precinct LEISURE The area has abundant recreation spaces including Queens and Maribyrnong Parks, Essendon Rowing Club and the Maribyrnong River Fantastic restaurants, bars and cafes line Puckle and Hall Streets and Mount Alexander Road RETAIL Famous Puckle Street strip shopping offers every convenience with supermarkets, banks, pharmacies, cafes and gourmet food Moonee Ponds Central has major supermarkets and over 50 specialty stores

THE NEIGHBOURHOOD WITH IT ALL

INVEST

VIC

$879

NSW

$17,990

QLD

$15,925

$17,11 1 MORE EXPENSIVE THAN VICTORIA $15,046 MORE EXPENSIVE THAN VICTORIA

*Calculation is based on an apartment yet to commence construction that is purchased as an investment property. Source: State Revenue Offjce Victoria, Offjce of State Revenue NSW, Offjce of State Revenue Qld, Urbis

STAMP DUTY SAVINGS IN VICTORIA APARTMENT AFFORDABILITY Source: CoreLogic April 2015

GREATER MELBOURNE

$460,000 5.1%

GREATER SYDNEY

4.7% $600,000

GREATER BRISBANE

4.3% $394,500

• r 30% more expensiv

e

• r 14% cheaper

MEDIAN APARTMENT PRICE ANNUAL GROWTH, 10 YRS TO APRIL 2015

PREDICTED POPULATION

Source: ABS, Urbis

FORECAST POPULATION GROWTH

Source: ABS, Urbis

1.5m 1.3m 1.1m 0.60 0.80 1.00 1.20 1.40 1.60 Millions Greater Melbourne Greater Sydney Greater Brisbane

AUSTRALIA’S LARGEST CITY POPULATION GROWTH

TOP REASONS TO INVEST IN MELBOURNE

MELBOURNE

(Sydney 3 million)

8.1

2055

THE ideal inner city investment

MOONEE PONDS

6KM 6KM

BRUNSWICK CARLTON NORTH RICHMOND SOUTH YARRA PORT MELBOURNE BRUNSWICK Median apartment price: $482,467 Median house price: $768,000

Apartments are 37% more affordable than houses

CARLTON NORTH Median apartment price: $632,000 Median house price: $1,027,500

Apartments are 38% more affordable than houses

RICHMOND Median apartment price: $550,000 Median house price: $1,025,000

Apartments are 46% more affordable than houses

SOUTH YARRA Median apartment price: $530,500 Median house price: $1,333,000

Apartments are 60% more affordable than houses

PORT MELBOURNE Median apartment price: $661,000 Median house price: $1,077,500

Apartments are 39% more affordable than houses

MOONEE PONDS Median apartment price: $445,000 Median house price: $950,000 Median apartment price: $460,000

Apartments are 53% more affordable than houses

MELBOURNE CBD

38% Units vs 62% Houses 90% land is zoned Neighbourhood* 56% Units vs 44% Houses 85% land is zoned Neighbourhood 93% vs 7% Houses 46% land is zoned Neighbourhood 71% Units vs 29% Houses 40% land is zoned Neighbourhood 85% Units vs 15% Houses 31% land is zoned Neighbourhood

NEIGHBOURHOOD RESIDENTIAL ZONE (NRZ)

Most protective residential zone These are urban areas that the council is seeking to preserve

*Neighbourhood Residentical Zoning in Moonee Ponds and Port Melbourne is based on council proposals. 90% Units vs 10% Houses 80% land is zoned Neighbourhood*

Source: Urbis July 2015

MOONEE PONDS ZONING

O R M O N D R D MA RIBYRNONG RD A S C O T V A L E R D MT ALEXANDER RD S C O T I A S T ORFORD ST K N I L Y T I C W I L S O N S T PA SCOE VA LE RD DEAN ST O R M O N D R D MA RIBYRNONG RD MT ALEXANDER RD O R F O R D S T K N I L Y T I C W I L S O N S T DEAN ST

MOONEE PONDS

Planning Zones

Neighbourhood Residential (2 dwellings per lot/2 storeys max.) General Residential (9m preferred max. height or approx. 3 storeys) Commercial/Activity Centre Zone (development potential) Mixed Use (development potential) Public Park and Recreation/Racecourse Public Use

90% of residential land in Moonee Ponds is zoned Neighbourhood – the most protective residential zone

TOP REASONS TO INVEST IN MOONEE PONDS

57% 7,100

$390M

GROWTH CONFIDENCE DEMAND

D I N I N G

50% 0% 100%

G R O C E R I E S S H O P P I N G E R R A N D S P A R K S S C H O O L S E N T E R T A I N M E N T

Daily errands do not require a car New dwelling approvals are lower in Moonee Ponds than many other inner city suburbs. Low supply supports price growth

FORECAST POPULATION GROWTH 2015-2035 PLANNED PRIVATE INVESTMENT FOR MOONEE VALLEY 2015-2018 EMPLOYEES

Strong population growth is a fundamental driver of housing demand The large number of jobs in and near Moonee Ponds supports the residential market as it is an attractive location for people who want to live near work This includes a $30 million cinema and arcade complex in Puckle St to create an entertainment destination for residents

WALKER’S PARADISE 36 MARGARET ST

DWELLING APPROVALS PER YEAR (4 YEARS TO MARCH 2015)

SOUTH YARRA RICHMOND ESSENDON BRUNSWICK MOONEE PONDS

WALKSCORE

98

712 355 271 210 112

53%

AFFORDABILITY

People looking to invest in an inner city area that has good amenity can do so at a comparably affordable price with an apartment in Moonee Ponds

APARTMENTS ARE OVER HALF THE MEDIAN PRICE OF HOUSES

$126K

BELOW THE AVERAGE MEDIAN APARTMENT

OPPORTUNITY BELOW AVG. MEDIAN APARTMENT PRICE OF OTHER SUBURBS

Apartments in Moonee Ponds are the most affordable when compared to

• ther inner city suburbs Brunswick,

South Yarra, Port Melbourne, Richmond and Carlton North

CONVENIENCE LIMITED DEVELOPMENT PEOPLE

The younger demographics and smaller household size of Moonee Ponds are conducive to renting RENTERS: Moonee Ponds 33% (Greater Melbourne 27%) WHITE COLLAR WORKERS SINGLE HOUSEHOLDS TERTIARY EDUCATED 20–34 YEARS OLD

83% 42% 29% 25%

Sources: Urbis June 2015 Moonee Ponds Residential Market Data. Urbis August 2015 comparison suburbs map walkscore.com

NEIGHB O URHO OD

HALL ST ASPEN ST MARKET LN HOMER ST MARGARET ST EVERAGE ST

N

ASPEN ST VIEW

Indicative image

THE THEME OF REJUVENATING THE CURRENT SITE WAS CAREFULLY CONSIDERED, WITH THE BUILDING DESIGN AND MATERIALS REFERENCING THE LANGUAGE OF A WAREHOUSE CONVERSION, A STYLE THAT IS MUCH LOVED IN MELBOURNE

Fender Katsalidis

H O M E R S T H A L L S T M A R K E T L N A S P E N S T M A R G A R E T S T E V E R A G E S T

STAGE 1 STAGE 4 STAGE 2 STAGE 3 36 MARGARET ST COLES WOOLWORTHS ALDI KMART MOONEE PONDS CENTRAL

masterplan

H O M E R S T M A R G A R E T S T H A L L S T E V E R A G E S T

Bluestone paving and seating edge Landscaped public spaces

THE NORTH SOUTH LINK IS URBAN IN CHARACTER WITH BLUESTONE PAVING, BRICKWORK AND EXPOSED CONCRETE EVOKING THE MATERIALITY OF THE EXPOSED FOOTINGS THAT ARE STILL IN PLACE FROM THE FORMER MARKET SITE. IT WILL BE SOFTENED BY A SPINE OF GREEN, AMAZING LANDSCAPING AND NIGHT LIGHTS TO MAKE IT A MAGICAL SPACE. IT WILL BE A MOONEE PONDS KIND OF PLACE

Oculus

Indicative image Indicative image

36 MARGARET ST

Pedestrian boulevard to enhance access between Hall and Homer Streets Featuring bluestone pavers, built in seating and romantic catenary lighting Premium landscaping with raised planter beds, mature trees and timber decking

URBAN BOULEVARD

H O M E R S T M A R G A R E T S T H A L L S T E V E R A G E S T

PRIVATE GARDEN AND LEISURE AREA OVER HALF AN ACRE

Refmection Pond Indoor/outdoor 25m lap pool Planted grove Outdoor dining and barbeque facilities Hanging hammock retreat Productive garden Covered barbeque facilities Sun deck Fully equipped residents’ gym Multi use sport court

Reflection pond Productive garden

Indicative image Indicative image

36 MARGARET ST

A multi use space offering residents the dream ‘backyard extension’ to their apartment Completely closed off from the Urban Boulevard and available to residents

• nly via secure access

Beautifully maintained all year round with an abundance of green space and pristine landscaping Enjoy the luxury of outdoor dining, luscious lawn, 25 metre lap pool and gym The productive garden is ideal for green thumbs The Ultimate Backyard is an additional shared space to complement the exclusive rooftop deck at 36 Margaret St

THE ULTIMATE BACKYARD

Rooftop sanctuary for the exclusive use of 36 Margaret St residents Mingle with neighbours and entertain guests in the intimate dining pods Relax with a good book and glass of wine under the shaded retreat Wash away the stress of a busy day in the inground spa Hanging chairs Open green spaces Circular lounge Dining facilities Shaded retreat Inground spa Sun beds Pods for entertaining Barbeque facilities

THIS SPACE IS DESIGNED TO TAKE IN THE VIEWS OVER TO DOCKLANDS AND THE BAY AND WILL BE A GREAT PLACE FOR RESIDENTS. ROOFTOPS ARE GREAT URBAN EXPERIENCES AND THIS ONE WILL HAVE AN INTIMATE SCALE

Oculus

rooftop DECK

1 Bedroom 1 Bathroom 79 1 Bedroom 1 Bathroom with Flexi Room 34 2 Bedroom 1 Bathroom 16 2 Bedroom 2 Bathroom 47 Total Apartments 176

Level 12 Level 5 Level 6 Rooftop deck Ground

WE’VE DESIGNED 36 MARGARET ST WITH A RESTRAINED MATERIAL PALETTE INFORMED BY THE AREA’S RED BRICK HOMES FOR WARMTH AND TO PROVIDE A SENSE OF DOMESTIC SCALE

Fender Katsalidis

A S P E N S T

BUILDING OVERVIEW

RESIDENC ES

Indicative image

Baumatic provides stylish European appliances with extended service and parts warranties

OVEN Baumatic 60cm electric 5 function with LED programmable timer and cool door system SINK – 1 BEDROOM One bowl undermount stainless steel COOKTOP Baumatic 60cm electric touch control 4 zone hob with toughened ceramic glass surface SINK – 2 BEDROOMS One and a half bowl undermount stainless steel RANGEHOOD Baumatic 52cm stainless steel undermount with 3 speed slide control and 2 halogen lights DISHWASHER Baumatic full size integrated dishwasher with 6 wash programs slide out cutlery tray and 4 star water rating JOINERY White and bronze laminate CARPET Plush wool SINK MIXER Designer chrome goose neck BEDROOM ROBE STORAGE Ventilated shelving and basket system TIMBER OAK FLOORBOARD Light and dark scheme KITCHEN AND BATHROOM BENCH TOP KITCHEN SPLASHBACK 12mm designer quartz stone

Kitchen General Flooring

CONTEMPORARY FINISHES

VANITY BASIN Top mount solid surface BASIN MIXER Chrome wall tap and outlet BUILT IN TOWEL RAIL SHOWER HEAD AND ARM Chrome TILED SHOWER ALCOVE SHOWER MIXER Chrome TOILET ROLL HOLDER Chrome TOILET Soft closing wall mount toilet ROBE HOOK Chrome BATHROOM FEATURE TILES Porcelain diamond mosaic BATHROOM WALL TILES Porcelain matte fjnish BATHROOM FLOOR TILES Porcelain matte fjnish

Bathroom

CONTEMPORARY FINISHES

FLO ORPL ATES

Revision A

1 BED 1 BED FLEXI 2 BED

KEY

N

10m 20m

LEVEL

Dimensions and areas are approximate and are subject to change. Internal measurements are taken from centerline of party walls and external face of the outside wall. Prospective purchasers must rely on their own enquiries and should refer to plans, terms and conditions in the contract of sale. External airconditioning condenser is in an indicative position and may be subject to change. Loose furniture, white goods and planters represented are not included.

STAIR LIFTS

FOYER

15m² TERR. 15m² TERR. 15m² TERR. 15m² TERR. 15m² TERR. 15m² TERR. 17m² TERR. 15m² TERR. 17m² TERR. 15m² TERR. 15m² TERR. 15m² TERR. 15m² TERR. 15m² TERR. 15m² TERR. 15m² TERR. 15m² TERR. 15m² TERR. STAIR G15 1B 46m²

16m² TERR.

15m² TERR.

18m² TERR.

UT-25 UT-28 UT-25 UT-25 UT-25a UT-25a UT-25a UT-29 UT-25a UT-25a UT-25a UT-24a UT-24 UT-24 UT-24 UT-24 UT-24 UT-26 UT-26 UT-27 UT-24 G16 1B 46m² G17 1B 46m² G18 1B 46m² G19 1B 46m² G20 1B 46m² G21 1B 46m² G01 1 B+S 57m² G02 1 B 46m² G03 1 B 46m² G04 1 B 46m² G05 1 B+S 50m² G06 1 B+S 50m² G07 1 B+S 50m² G08 1 B+S 50m² G09 1 B+S 50m² G10 1 B+S 50m² G12 1 B+S 50m² G11 2B 62m² G13 2B 62m² G14 2B 60m²

G

M A R K E T L N A S P E N S T M A R G A R E T S T

29

Revision A

1 BED 1 BED FLEXI 2 BED

KEY

N

10m 20m

LEVEL

Dimensions and areas are approximate and are subject to change. Internal measurements are taken from centerline of party walls and external face of the outside wall. Prospective purchasers must rely on their own enquiries and should refer to plans, terms and conditions in the contract of sale. External airconditioning condenser is in an indicative position and may be subject to change. Loose furniture, white goods and planters represented are not included.

1 B 50m² 1 B UT-14 48m² 6m² BAL. 2 B 519 74m² 1 B 502 48m² 1 B 503 50m² 1 B 504 51m² 6m² BAL. 6m² BAL. 6m² BAL. 3m² BAL. 6m² BAL. 7m² BAL. 2 B 513 66m² 1 B+S 512 55m² 1 B 511 50m² 1 B 510 50m² 2 B 509 67m² 1 B+S 505 58m² 6m² BAL. 6m² BAL. 1 B 518 48m² 7m² BAL. 12m² BAL. 6m² BAL. 6m² BAL. 6m² BAL. 6m² BAL. 2 B 501 65m² 6m² BAL. 6m² BAL. 6m² BAL. 6m² BAL. 3m² BAL. 2 B 508 66m² 1 B+S 507 55m² 1 B+S 506 55m² 516 UT-14a UT-17 UT-16a UT-14a UT-13a UT-22 UT-10 UT-09 UT-21 UT-10a UT-10 UT-09 UT-09 UT-08 517 6m² BAL.

3m² BAL. UT-13 UT-21 CORRIDOR CORRIDOR STAIR LIFTS

STAIR

2 B 514 61m² UT-11 UT-12 2 B 58m² 515 8m² BAL. 8m² BAL. 2m² BAL.

5

M A R K E T L N A S P E N S T M A R G A R E T S T

30

Revision A

1 BED 1 BED FLEXI 2 BED

KEY

N

10m 20m

LEVEL

Dimensions and areas are approximate and are subject to change. Internal measurements are taken from centerline of party walls and external face of the outside wall. Prospective purchasers must rely on their own enquiries and should refer to plans, terms and conditions in the contract of sale. External airconditioning condenser is in an indicative position and may be subject to change. Loose furniture, white goods and planters represented are not included.

1 B 702 48m² 1 B 703 50m² 3m² BAL. 6m² BAL. 2 B 707 67m² 12m² BAL. 6m² BAL. 6m² BAL. 6m² BAL. 2 B 701 65m² 6m² BAL. 6m² BAL. 8m² BAL. 2 B 706 70m² 1 B 705 50m² 2 B 704 61m² UT-16a UT-14a UT-13a UT-10a UT-18 UT-19 UT-20 3m² BAL. CORRIDOR CORRIDOR STAIR LIFTS

COMMUNAL AREA

CORRIDOR

LANDSCAPE/COMMUNAL AREA

7-12

M A R K E T L N A S P E N S T M A R G A R E T S T

31

FLO ORPL ANs

Dimensions and areas are approximate and are subject to change. Internal measurements are taken from centerline of party walls and external face of the outside wall. Prospective purchasers must rely on their own enquiries and should refer to plans, terms and conditions in the contract of sale. External airconditioning condenser is in an indicative position and may be subject to change. Loose furniture, white goods and planters represented are not included.

AC Aircondenser C Cooktop DW Dishwasher F Fridge L Linen MB Moveable Bench P Pantry S Sink ST Built In Study STO Storage QB Queen Sized Bed WM Washing Machine

KEY

3m 1m 2m

N

A/C STO F C S WM P DW STO QB

INTERNAL 50 m2 EXTERNAL 6 m2 TOTAL 56 m2

ESTIMATED AREAS APARTMENT NUMBER 106 107 110 111 113

UNIT TYPE 02

1 1 0-1

Dimensions and areas are approximate and are subject to change. Internal measurements are taken from centerline of party walls and external face of the outside wall. Prospective purchasers must rely on their own enquiries and should refer to plans, terms and conditions in the contract of sale. External airconditioning condenser is in an indicative position and may be subject to change. Loose furniture, white goods and planters represented are not included.

AC Aircondenser C Cooktop DW Dishwasher F Fridge L Linen MB Moveable Bench P Pantry S Sink ST Built In Study STO Storage QB Queen Sized Bed WM Washing Machine

KEY

3m 1m 2m

N

A/C STO STO F S WM P C DW L QB SB

INTERNAL 55 m2 EXTERNAL 6 m2 TOTAL 61 m2

ESTIMATED AREAS APARTMENT NUMBER 206 207 210 211 213 306 307 310 311 313 406 407 412 506 507 512 606

UNIT TYPE 09

1 1 1

Flexi room option

Dimensions and areas are approximate and are subject to change. Internal measurements are taken from centerline of party walls and external face of the outside wall. Prospective purchasers must rely on their own enquiries and should refer to plans, terms and conditions in the contract of sale. External airconditioning condenser is in an indicative position and may be subject to change. Loose furniture, white goods and planters represented are not included.

AC Aircondenser C Cooktop DW Dishwasher F Fridge L Linen MB Moveable Bench P Pantry S Sink ST Built In Study STO Storage QB Queen Sized Bed WM Washing Machine

KEY

3m 1m 2m

N

A/C L STO F WM P S C DW QB QB

INTERNAL 60 m2 EXTERNAL 9 m2 TOTAL 69 m2

ESTIMATED AREAS APARTMENT NUMBER 108 109 112 114

UNIT TYPE 03

1 2 1

35

Dimensions and areas are approximate and are subject to change. Internal measurements are taken from centerline of party walls and external face of the outside wall. Prospective purchasers must rely on their own enquiries and should refer to plans, terms and conditions in the contract of sale. External airconditioning condenser is in an indicative position and may be subject to change. Loose furniture, white goods and planters represented are not included.

AC Aircondenser C Cooktop DW Dishwasher F Fridge L Linen MB Moveable Bench P Pantry S Sink ST Built In Study STO Storage QB Queen Sized Bed WM Washing Machine

KEY

3m 1m 2m

N

INTERNAL 66 m2 EXTERNAL 9 m2 TOTAL 75 m2

ESTIMATED AREAS APARTMENT NUMBER 208 209 212 214 308 309 312 314 408 413 508 513

UNIT TYPE 10

2 2 1

A/C STO F S WM P C DW L QB QB

Page 17

Level Unit Type Bed Multi/ Flexi Study Alcove Bath Car Orientation Views Internal (m2) External (m2) Total (m2) Price Analysis ($/m2) 9 901 UT ‐ 16a 2 2 1 North 65 18 83 $576,500 $8,869 9 902 UT ‐ 14a 1 1 1 North 48 6 54 $393,000 $8,188 9 903 UT ‐ 13a 1 1 1 1 North 50 6 56 $459,000 $9,180 9 904 UT ‐ 20 2 2 1 South CITY 61 8 69 $540,500 $8,861 9 905 UT ‐ 19 1 1 1 1 South CITY 50 6 56 $456,000 $9,120 9 906 UT ‐ 18 2 2 1 South CITY 70 9 79 $604,500 $8,636 9 907 UT ‐ 10a 2 2 1 South CITY 67 9 76 $583,500 $8,709 10 1001 UT ‐ 16a 2 2 1 North 65 18 83 $578,500 $8,900 10 1002 UT ‐ 14a 1 1 1 North 48 6 54 $395,000 $8,229 10 1003 UT ‐ 13a 1 1 1 1 North 50 6 56 $461,000 $9,220 10 1004 UT ‐ 20 2 2 1 South CITY 61 8 69 $542,500 $8,893 10 1005 UT ‐ 19 1 1 1 1 South CITY 50 6 56 $458,000 $9,160 10 1006 UT ‐ 18 2 2 1 South CITY 70 9 79 $606,500 $8,664 10 1007 UT ‐ 10a 2 2 1 South CITY 67 9 76 $585,500 $8,739 11 1101 UT ‐ 16a 2 2 1 North 65 18 83 $580,500 $8,931 11 1102 UT ‐ 14a 1 1 1 North 48 6 54 $397,000 $8,271 11 1103 UT ‐ 13a 1 1 1 1 North 50 6 56 $463,000 $9,260 11 1104 UT ‐ 20 2 2 1 South CITY 61 8 69 $544,500 $8,926 11 1105 UT ‐ 19 1 1 1 1 South CITY 50 6 56 $460,000 $9,200 11 1106 UT ‐ 18 2 2 1 South CITY 70 9 79 $608,500 $8,693 11 1107 UT ‐ 10a 2 2 1 South CITY 67 9 76 $587,500 $8,769 12 1201 UT ‐ 16a 2 2 1 North 65 18 83 $582,500 $8,962 12 1202 UT ‐ 14a 1 1 1 North 48 6 54 $399,000 $8,313 12 1203 UT ‐ 13a 1 1 1 1 North 50 6 56 $465,000 $9,300 12 1204 UT ‐ 20 2 2 1 South CITY 61 8 69 $546,500 $8,959 12 1205 UT ‐ 19 1 1 1 1 South CITY 50 6 56 $462,000 $9,240 12 1206 UT ‐ 18 2 2 1 South CITY 70 9 79 $610,500 $8,721 12 1207 UT ‐ 10a 2 2 1 South CITY 67 9 76 $589,500 $8,799 Total 176 223 125 9,764 1,518 11,282 $83,084,000 Average 55 9 64 $472,068 $8,484

Our assessments reflect an average rate of $8,484/m2 of internal apartment area, which is considered to be well supported by the sales evidence. Our assessments are summarised as follows:

Apartment Type QTY Internal Average (m²) External Average (m²) Total Average (m²) Average Price ($) Rate ($/m²) Internal Assessment Summary 1B (no car) 45 47.36 8.00 55.36 $372,467 $7,864 1B 34 50.06 6.00 56.06 $449,662 $8,983 1B+ S (no car) 6 50.00 15.00 65.00 $392,500 $7,850 1B + S 28 55.57 6.75 62.32 $481,232 $8,661 2B 16 66.06 10.19 70.25 $514,438 $8,566 2B2B 47 66.25 10.89 77.15 $573,915 $8,666 Average 176 55.48 8.63 64.10 $472,068 $8,484

We reiterate our instructions to provide a sample of individual apartment value ranges on an “As If Complete” basis, at the relevant date, for internal due diligence purposes. This Report provides brief details of the development, and a schedule of our individual assessment ranges. The assessments are based upon a schedule of apartment areas and details supplied with our instructions, and accordingly, are subject to review in the event of any material changes to the information provided. In accordance with our instructions, and as is our understanding, we have not addressed all usual matters of valuation due diligence including Title and statutory details; planning and zoning considerations; land measurements and occupation, and therefore, this advice does not constitute a formal valuation or recommendation for mortgage purposes and cannot be assigned to an intending fjnancier, nor can it be relied upon by outside parties for any other purpose. We draw attention to the provisions of our professional indemnity insurance, that all assessments are only valid for three months from the date of inspection, no responsibility being accepted for clients’ reliance beyond that period. Accordingly, any parties authorised to rely upon our opinion should be aware of the need for a review upon the provision of detailed development plans and specifjcations. This advice is for the use only of the party to whom it is addressed and for no other purpose. No responsibility is accepted for any third party who may use or rely on the whole, or any part, of the content

• f this letter. No responsibility will be accepted for photocopied signatures. It should be noted that any subsequent amendments or change in any form to the

assessment and report would only be notifjed to and known by the parties to whom it is addressed.

APARTMENT PRICES

1 Bedroom from $346,000 1 Bedroom with Car from $412,000 2 Bedroom 1 Bath from $486,000 2 Bedroom 2 Bathroom from $526,000