15
positioned
welcome to
in one of
harvest -
brisbane’s
an exciting
premier
new residence
suburbs.
KEDRON
Lutwyche City Shopping Centre sits on the
Retail
Royal Brisbane Women’s Hospital and
Tunnel ($4.8 billion infrastructure project)
The suburb of Kedron is punctuated by a large number of open spaces and parklands offering residents access to some of Brisbane’s premier parks and sporting facilities.
Bradbury Park which is located just around the corner from Harvest has 14 netball courts, playgrounds, cricket nets and a number of BBQ areas.
One of Brisbane’s most popular bikeways,
Health
the Kedron Brook Bikeway runs along the nature corridor stemming from Kedron
border of Lutwyche and Kedron and is the main convenience shopping centre catering to the day to day needs of the community. Major tenants include Coles and Aldi.
Less than 1km away is Queensland’s largest shopping centre, Westfeld Chermside. The centre is home to major retailers including David Jones, Myer, Target, Big W, Kmart,
Brisbane Transit Centre.
• Bus services along Gympie Road connects to
connecting Kedron with the domestic and
international airports.
• The Airport Link Tunnel directly links with
Facilities
both the Inner City Bypass and Clem7 tunnel
providing easy access to major employment ,
terminus within the heart of Kedron (Kedron
located in nearby Herston and employs more than 7,450 staff.
Brook Station) connecting with the CBD,
located within close proximity to Kedron-
shopping centre- Westfeld Chermside.
gourmet meats and seafood, arts and crafts and a variety of locally produced goods.
Bikeway and the Moreton Bay Cycleway, making it the biggest cycle route in Eastern Australia.
Brisbane’s
Growth
Over the past 10 years, the median apartment price within Kedron has grown by an impressive average annual rate of 5.9%. Despite the strong rate of growth, the Kedron apartment market
remains affordable.
Rental Demand
The apartment market throughout Kedron is principally comprised of older, secondary product. To date, there have been minimal
introductions of new medium or high density development within the suburb. The rental yield in the area was a healthy 5.4% clearly demonstrating that demand for rental properties in the area is strong.
Kedron is well serviced by a large number of health providers and medical practitioners in
addition to two of the state’s largest hospitals.
The Royal Brisbane and Women’s Hospital is
Education
There are more than 20 primary and secondary schools located within Kedron and its surrounds
providing a variety of educational facilities.
Schools include: Kedron State High, Kedron State Primary, Somerset Hills Primary, St Anthony’s Primary, Wooloowin State School as well as the prestigious Mt Alvernia College, Clairvaux Mackillop College and Padua College.
Queensland University of Technology’s Kelvin Grove campus is within a ten minutes drive from Kedron. The campus has more than 14,000 students enrolled.
Queensland University of Technology’s Garden
The Prices Charles Hospital is located less than 1km from Harvest and is a major tertiary referral hospital in Queensland. The Hospital employs more than 3,500 staff and has the leading cardiac department in the state.
The large workforce of these two hospitals signifcantly underpins dwelling demand throughout Kedron. At the 2011 Census, hospitals were the largest industry of employment of Kedron residents, demonstrating that dwelling demand in the suburb is high given its proximity to the hospitals.
Recreation
Point campus is within ffteen minutes’ drive from Kedron and has more than 40,500 students and 4000 staff.
Transport
Kedron is well serviced by a broad range of retail centres ranging from strip shops along Gympie road through to the state’s largest
Brook. The 13km bikeway is considered the centrepiece of recreational activity within the
suburb. The bikeway connects to Jim Soorly
Travelling to and from Harvest is easy with a wide variety of transport options and great accessibility to all major roads:
• Great vehicle access via Gympie Road.
• Direct access onto the Airport Link
educational and retail centre.
• The $444 million Northern Busway has a
Coles and an additional 300 specialty stores.
Every Sunday, just under 10minutes drive from Harvest, is the Nundah Fresh Farmers Markets. The weekly markets offer fresh, organic produce,
Harvest is located only 8.5km north of the Brisbane CBD, in the leafy suburb of Kedron. Kedron is widely recognised as one of premier residential suburbs. The suburb
all of Brisbane has access to an immense amount of infrastructure and is to be subjected to large volumes of investment moving forward. The suburb is an attractive residential address given its
• Queensland Rail network has three stations lifestyle amenity and proximity to Brisbane’s largest employment nodes and infrastructure.
Toombul, Wooloowin and Eagle Junction.
Resolution Research
average annual return over the past ten years has
and its surrounding region. The program represents
•
•
•
•
outperformed returns achieved in both Sydney
the largest public infrastructure spending initiative
Brisbane is forecast to grow faster than any other mature world city.
• Over the past decade Brisbane has witnessed the
in Australian history.
• The redevelopment of Brisbane’s Central Business
delivery of a signifcant level of infrastructure which
District will be the most signifcant privately and publicly funded redevelopment in the CBD’s history.
the past ten years is 75% higher than the average of other states and territories combined.
• Queensland currently ranks as one of the most undersupplied dwelling markets in the country.
• Brisbane’s apartment market has demonstrated itself
to be one of the most resilient markets in the nation.
• The latest data shows that as at December quarter
and effective infrastructure programs in the nation.
• The release of the Queensland Infrastructure Plan
2013, Brisbane ranked as the third most affordable
and Program 2011-2031 identifes $134 billion
apartment market in Australia.
• According to the latest data provided by the
BANE
worth of infrastructure investment for Brisbane
Real Estate Institute of Australia, Brisbane’s
BRIs
Brisbane is one of the world’s largest municipalities by area. It is home
to 2.15 million people and has a job market is growing at more than
twice the rate of population growth.
Over the past decade, the city has sustained the fastest employment
growth of all Australian capital cities. It is anticipated that over the
next two decades Brisbane will be regarded as a top ten lifestyle city and global economic hub.
is widely recognised as being the most innovative
(Super scale CBD redevelopment).
Moving forward Brisbane is projected to experience the highest rates of population growth when compared with the eastern states of New South Wales and Victoria and their respective capital cities.
By 2031 Brisbane there is a forecast requirement for 400,000 new dwellings to house the City’s rapidly growing population.
• Queensland’s average infrastructure spend over
and Melbourne.*
$135 billion economy. $213 billion by 2031.
Resolution Research
5
15
11. Stafford City Shopping Centre (4km)
12. Bus Stop (70m)
16. Bus Stop (350m)
17. Wavell State High School (1.2km)
13. Bus Stop (60m) 18. QUT Garden Point Campus (11km)
Royal Brisbane & Women’s Hospital (6.2km)
10. Mt Alverina College (2.1km)
14. Padua College (2km)
15. Bus Stop (300m)
19. Wooloowin State School (2.8km)
20. Kedron State High School (3km)
18 7 8
20
19
6
3
4
9
10
14
11
17
16
12
1
LOcation
2
13
1.
2.
3.
4.
5.
Prince Charles Hospital (800m)
Westfeld Chermside (1km)
Inner City Bypass
Airport Link M7 (2km)
Bradbury Park (250m)
6.
7.
8.
9.
Kedron Brook Busway (3km)
Brisbane CBD (8.5km)
QUT Kelvin Grove Campus (9km)
APART
Apt No Type Level Aspect Internal m² External m² Beds Baths Car Body Corp
1 Type E G South 79 47 2 2 1 $63
2 Type B1 G West 76 49 2 2 1 $61
3 Type C1 G North 77 131 2 2 1 $64
MENTS
4
5
6
7
8
9
10
11
Type A
Type B
Type C
Type D
Type C
Type B
Type A
Type A
1
1
1
1
1
1
1
2
South/ West
West
North/West
North
North/East
East
South/ East
South/ West
76
75
77
53
77
75
76
76
23
12
14
15
14
12
23
23
2
2
2
1
2
2
2
2
2
2
2
1
2
2
2
2
1
1
1
1
1
1
1
1
$62
$60
$61
$56
$61
$60
$62
$63
12 Type B 2 West 75 12 2 2 1 $62
13 Type C 2 North/West 77 14 2 2 1 $62
14 Type D 2 North 53 15 1 1 1 $57
15 Type C 2 North/East 77 14 2 2 1 $62
16 Type B 2 East 75 12 2 2 1 $62
17 Type A 2 South/ East 76 23 2 2 1 $63
18 Type A 3 South/ West 76 23 2 2 1 $65
19 Type B 3 West 75 12 2 2 1 $63
20 Type C 3 North/West 77 14 2 2 1 $64
21 Type D 3 North 53 15 1 1 1 $59
22 Type C 3 North/East 77 14 2 2 1 $64
23 Type B 3 East 75 12 2 2 1 $63
24 Type A 3 South/ East 76 23 2 2 1 $65
25 Type A 4 South/ West 76 23 2 2 1 $66
26 Type B 4 West 75 12 2 2 1 $65
27 Type C 4 North/West 77 14 2 2 1 $65
28 Type D 4 North 53 15 1 1 1 $60
29 Type C 4 North/East 77 14 2 2 1 $65
30 Type B 4 East 75 12 2 2 1 $65
31 Type A 4 South/ East 76 23 2 2 1 $66
32 Type A 5 South/ West 76 23 2 2 1 $68
33 Type B 5 West 75 12 2 2 1 $66
34 Type C 5 North/West 77 14 2 2 1 $67
35 Type D 5 North 53 15 1 1 1 $62
36 Type C 5 North/East 77 14 2 2 1 $67
37 Type B 5 East 75 12 2 2 1 $66
38 Type A 5 South/ East 76 23 2 2 1 $68
Type A
N
N
Type C1 Type C Type D Type C
3 6, 13, 20, 27, 34 7, 14, 21, 28, 35 8, 15, 22, 29, 36
BROMLIOW STREET
BROMLIOW STREET
Type B1
Type B
5, 12, 19, 26, 33
Type B
9, 16, 23, 30, 37
2
Type A
Type A
4, 11, 18, 25, 32 10, 17, 24, 31, 38
Type E
1
76m
75m
23m
99m
12m
87m
TYPE a TYPE B
Floor Plan
Floor Plan
Levels 1-5
Levels 1-5
LIN
WM
P
ENS
BATH
LIVING
LIVING
KITCHEN F
BED 1
BED 2
F
BED 2
BATH
LIN
P
WM
KITCHEN BED 1
ENS
BROMLIOW STREET
N
BROMLIOW STREET
N
2 bedroom
2 bathroom
1 carpark
2 bedroom
2 bathroom
1 carpark
South-East Facing Apartments
Internal:
2
East Facing Apartments
Internal:
2
10, 17, 24, 31, 38
South-West Facing Apartments
4, 11, 18, 25, 32
External:
TOTAL:
2 2
9, 16, 23, 30, 37
West Facing Apartments
5, 12, 19, 26, 33
External:
TOTAL:
2 2
BATH/
BED 2
KITCHEN
ENS
N
N
77m
53m
14m
91m
15m
68m
TYPE C TYPE D
Floor Plan
Floor Plan
Levels 1-5
Levels 1-5
P
LIN F
BED 1
BED 1
ENS
BATH
WM
LIVING
LIVING
LIN
WM
KITCHEN
F P
BROMLIOW STREET
BROMLIOW STREET
2 bedroom
2 bathroom
1 carpark
1 bedroom
1 bathroom
1 carpark
North/North-East Facing Apartments
8, 15, 22, 29, 36
North/North-West Facing Apartments
6, 13, 20, 27, 34
Internal:
External:
TOTAL:
2
2 2
Apartments
7, 14, 21, 28, 35
Internal:
External:
TOTAL:
2
2 2
Type B
OF FINISHES
Television connection to all bedrooms and living room, •
Bedrooms
Bathroom
• Double bowl stainless steel sink with chrome
Entry, Living & Dining
White Gloss
Wool Blend
Quality Reconstituted Feature
• Wool blend carpet
Carpet
Stone Benchtop Laminate Panelling
• Built in robes with mirror and vinyl sliding doors,
wire shelf and chrome hanging rail
• Walk in robes with melamime shelf and chrome
Floor Tiles
White Gloss Panelling
Tile Splashback
Kitchen Balconies
• Quality foor tiles
• Reconstituted stone bench top
• Quality ceramic tile splashback
• Quality tiles
• Glass balustrades
• Laminate cabinetry doors • Soft closing hinges • Quality stainless steel fnish dishwasher
• Quality stainless steel fnish electric oven
• 4 burner gas cooktop
• Concealed slide out rangehood
• Pantry with wire adjustable shelves
• Single bowl stainless steel sink with chrome mixer in modern design in unit Type D
• Quality foor tiles • Surface mounted downlight fttings • Blinds
Laundry
• Quality ceramic tiles
• 35 litre stainless steel tub
• 4kg dryer
mixer in unit Type A, B, B1, C, C1 AND E General Common Areas
• Quality tiling
• Laminate bench top to vanity
• Soft closing hinges and doors
• Semi recessed white vitreous china basin
• Single level chrome mixer taps and fxed shower rose
• Semi-framelss shower screen with pivot door
• Ground foor lobby to be tiled with high quality foor tiles with slip resistant surface
• BBQ bench with stainless steel fnish to rooftop recreation area
• Wool blend carpet in common foor lift lobby
Services
• Secure basement parking
• Lift servicing all levels
• Keyless entry to building entrance with audio intercom
• Remote control access to ground level garage
• Floor to foor key card security including secure parking area
• Split system air-conditioning to bedrooms and living room
SCHEDULE
hanging rail
• White fnish ceiling fan
• Blinds
ready-cable for pay and digital telvision • Telephone and data points to bedroom, study and/or kitchen
FUNDAMENTALS
INVESTMENT
Rates Per SQM (internal size only) One bedroom: $6,415 - $6,887 Two bedroom: $5,733 - $6,067
Body Corporate Rates One Bedroom: $56 - $62 per week Two Bedroom: $60 - $68 per week
Rates and water Approx: $2,000 per annum
Rents One Bed, One Bath, One Car: $350 - $400 per week Two Bed, Two Bath, One Car: $450 - $500 per week
Gross Rental Yields One Bedroom: 5.3 - 5.7% Two Bedroom: 5.4 - 5.7%
Depreciation (max.)
Depreciation (max.)
Typical 1 Bedroom Apartment- $350,000 Typical 2 Bedroom Apartment- $440,000
Year
Total
Year
Total
1 $11,840 1 $15,719
2 $9,883 2 $14,235
3 $8,569 3 $12,382
4 $7,663 4 $11,118
5 $7,197 5 $10,403
6 $7,223 6 $10,438
7 $6,677 7 $9,506
8 $6,140 8 $9,095
9 $5,802 9 $8,601
10 $5,585 10 $8,286
11+ $127,932 11+ $127,932
Total $231,313 Total $342,140
Contact Us
Tamer Property
Email: [email protected]
Phone: 0449 087 599
Website: www.tamerproperty.com
DISCLAIMER: This project summary has been prepared for the information of potential purchasers to assist them in deciding if they wish to make further enquiries about any information contained in this summary. This summary does not constitute an offer or contract of sale and does not form
fact, but should satisfy themselves as to its correctness by independent investigation. Whilst every care has been taken in preparing this summary, all
details including rental and depreciation estimates, budgets, dimensions, sizes and location may change. BAS_SKY0200
33-35 Alice Street Kedron, Queensland
part of any contract of sale. Potential purchasers should not rely on any material, photographs or artist impressions as a statement or representation of
