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information kit
The last piece– of South Bankat a glance
– A residential, commercialand retail development on the last remaining land within South Bank.
Southpoint will take transit-oriented development to a new level for our river city. This iconic development incorporates A-Grade commercial offices, premium apartments, a unique luxury boutique hotel, and destination shopping around heritage-listed Collins Place.
More to the point, this world-class development will redefine how you live.
It all begins as you enter the building. Having been greeted by Emporium Hotel’s friendly staff, your own private oasis awaits. Featuring state of the art security, take the residents-only lift, and open up to Brisbane’s most breathtaking view.
It’s the unrivaled location, attention to detail, and commitment to service that will make Southpoint not only the last piece of South Bank, but the best.
3
location
– This development offers something truly unique: the opportunity to own part of South Bank.
Whether you’re an owner-occupier or astute investor, this is one location with benefits that speak for themselves.
Since World Expo ‘88, South Bank has been where Brisbane celebrates, relaxes, learns, and prospers. Universally loved by locals and visitors alike, South Bank is a rich tapestry on which life can play out.
– You’re in good company.
Neighbouring South Brisbane is home to some of the Brisbane’s most unique restaurants and bars.
It’s a hub for commerce with many companies, including ABC, ASX-listed Thiess, Abi Group and Stockland choosing it as their headquarters. The world-renowned Mater Hospital is nearby, and some of Brisbane’s best schools are a short distance away. It’s Southpoint’s location that will truly allow you to embrace and celebrate life in our city.
South Bank – Where the city comes to life
4
HappY & HealtHY
With hectares of green space on your doorstep you’d be forgiven for canceling your gym membership. South Bank’s 5+ kilometres of bikeways and walkways will raise your pulse, whether it be a workout you desire, or just a leisurely stroll. Meander under the magnificent blooms of the Bougainvillea Arbour, roll along the river promenade, or lap it up at Australia’s only city beach – the choice is yours.
arts & entertainMent
There’s a reason the Brisbane Festival takes place in South Bank – it’s where Brisbane comes to celebrate! Whether it be world-class theatre, opera, music, or art, the precinct is one that surprises and delights on a constant basis. And with Australia’s most visited Art Gallery (GoMA) on your doorstep, you should happily expect some surprise guests from time to time.
5
dine in or take awaY?
Italian or Turkish? Sushi or Tapas? Coffee or Cocktails? What will it be this week? They say variety is the spice of life, so instead of finding yourself a ‘local’, set yourself the challenge of finding a few? And when it’s the comfort of home you crave, you’ll have the option of 5-star room service at your call.
access to education
Whether you’re looking to study yourself or thinking about your kids future, Southpoint is set amongst a lifetime of education providers. From Brisbane State High School to Somerville House to St Lawrence’s College, secondary education is second to none. For tertiary education, Southpoint provides direct access to QUT via the Goodwill Bridge and is just a couple of stops over the Eleanor Schonell Bridge to UQ. With Griffith University Film School and Qld College of Art over the road, and South Bank Institute of Technology around the corner, you have all angles covered now and into the future.
6
Your place oF Business
A wave of optimism is sweeping South Brisbane as it becomes the sought after locale for corporate office space. In one direction there’s the freshly built ABC Headquarters and recently expanded Brisbane Convention and Exhibition Centre, not to mention the major corporates who have established Grey Street as a business hub. In the other, you have the Mater Hospital and Queensland’s new Children’s Hospital, a $1.5bn project to improve Queensland’s child health services. Furthermore, you have Queensland’s largest employment node, the Brisbane CBD, located less than a kilometre away.
integrated connectivitY
Live, work and play knowing you’re roughly 10 minutes to anywhere. Southpoint isn’t just connected – it’s integrated by design. The whole spectrum of transport options have been carefully considered for you, and with the South Bank Train Station nestled quietly below the building, not to mention ample car parking at your disposal, you’ll be spoilt for choice. So whether you prefer public transport or your own private means, the only thing likely to hold you up is the decision on where to go.
7
SOUTH BRISBANE RAILWAY STATION
GREY STREET
VULT
URE S
T
SIDON ST
VICTORIA BRIDGE
KURILPA BRIDGE
MARITIMEMUSEUM
MEMORIALPARK
FERRYTERMINAL
CLEM JONES PROMENADE
GREY STREET GREY STREET GREY STREETGREY STREET
SIDON ST
GLENELG ST
RUSSELL ST
MERIVALE ST
LITTLE STANLEY LITTLE STANLEY
GALLERY OF MODERN ART
(GoMA)
STATE LIBRARY OFQUEENSLAND
QUEENSLAND PERFORMINGARTS CENTRE
(QPAC)
BRISBANE CONVENTION & EXHIBITION CENTRE (BCEC)
ABC
QUEENSLANDCONSERVATORIUM
RYDGESSOUTH BANK CINEMAS
STANLEY STREET PLAZA
THIESSCGUKBRCOLLINSPLACE
MARITIMEMUSUEM
APARTMENTS
RIVE
R QU
AY
RIVER QUAYGREEN
FORMALGARDENS
STREETSBEACH
BOATPOOL
CULTURALFORECOURT
WHEEL OF BRISBANE
NEPALESEPAGODA
RAINFORESTGREEN
RIVERROOM
CENTRALCAFES
RIVERSIDEGREEN
THEPLOUGH INN
SOUTHBANK
HOUSE
ALLGAS
HOUSE
ABI GROUP
ARBOUR VIEW CAFES
PICNICISLAND
RAIN BANK
SOUTH BANKINSTITUTE
SOUTH BANKINSTITUTEOF TAFE
COLLEGE OFTOURISM &
HOSPITALITY ERNEST ST
AQUATIVITY
SOUTH BRISBANE RAILWAY STATION
CULTURALCENTRE
PONTOON
SOUTH BANK BUS STATION
RIVER LOOKOUTCRUISE TERMINAL
CITYCATTERMINAL
PIAZZA
MANTRA
QUEENSLAND COLLEGE OF ART
MONTAGUE RD
TRIBUNE ST
MERIVALE ST
HOPE ST
MELBOURNE ST
PEEL ST
RIVE
R QU
AY
THEARBOUR
THEARBOUR
QUEENSLANDMUSUEM & SCIENCE CENTRE
QUEENSLANDART GALLERY
CULTURALBUS STATION
THESHIPINN
CLEM JONES PROMENADE
THE GOODW
ILL BRIDGE (ONLY 10 MIN W
ALK TO QUT)
BUS
CITYCATSOUTHPOINT
TAXI
TRAIN
KEY:
POLICE
BIKE STATION
VISITOR CENTRE
location Map
Eat + Drink
> River Quay Fine Dining Precinct
> Little Stanley Street casual
eateries & takeaway
> Grey Street Cafes and Restaurants
> The Parklands Cafes
and Restaurants
Entertainment
> South Bank Cineplex
> Gallery of Modern Art
> Queensland Art Gallery
> Courier Mail Piazza
> Queensland Performing Arts Centre
> Queensland Museum
& Science Centre
> State Library of Queensland
Recreational
> The Parklands
> Streets Beach
> Bikeways & walking paths
> Abundance of BBQ facilities
Commerce
> ABC Headquarters
> Thiess, CGU, KBR
> South Bank Corporation
> Brisbane Convention
& Exhibition Centre
Education
> Queensland College of Art
> College of Tourism & Hospitality
> South Bank Institute of Tafe
> Queensland Conservatorium
By train
Immediate access to South
Bank and South Brisbane Train
Stations – 2 stops to Brisbane
Central and almost 300 city
train connections daily.
Catch the Airtrain from South
Bank station to the domestic
and international airports
in around 30 minutes.
By Ferry
3 minute walk to Ferry Terminal
and 8 minute walk to 2 City Cat
Terminals which offer over 130
ferry services along the Brisbane
River daily, upstream as far as
University of Queensland and
downstream to Hamilton
Buses
Connect to the CBD by bus in
under 10 minutes with immediate
access to South Bank bus station.
By Car
Access to the M1 Motorway
connecting you to the Gold Coast
is less than a kilometre away.
Arrive at Brisbane Domestic and
International Airports in less than
20 minutes via the Go Between
Bridge and M7 Airport Link.
Walking & Cycling
Easy access to one of a planned
150 CityCycle bike sharing
stations across the city. Around 5
kilometres of bike and walkways.
For a leisurely pace into the city,
South Point is within easy distance
of 3 cross-river walking bridges
and less than 2 kms to the city
heart’s Queen Street Mall.
transport
developMent overview
Stage One > 21 level building
> Southpoint Residential Apartments and Residences
> Emporium Hotel, South Bank
Future Development > A Grade commercial offices
> Supermarket and retail shops
> Refurbishment of heritage listed Collins Place
First things first– Stage OneSouthpoint, Stage One will feature 15 levels of premium one, two and three bedroom apartments and Brisbane’s much-anticipated Emporium Hotel South Bank.
overview> Meticulously designed 1, 2 and 3
bedroom apartments.
> Perfect NE aspect for many apartments.
> Designed for spacious living, to bring the outside in, and maximise view corridors.
> All apartments have a view – choose between NE river and city view, or a view to Mt Coot-tha and beyond.
> Ample car parking, with dedicated car parks for nearly all apartments.
> High quality fixtures and fittings synonymous with Anthony John Group, the creators of the Emporium Hotel.
> Privileged access for residents to the new Emporium Hotel South Bank and its world-class facilities.
> Last opportunity for brand new apartments in South Bank.
10
Artist Impressions
inspired design
> The building design works to make the most of the sweeping city, river and mountain views. Cleverly, the lower levels will be occupied by car parking, affording an outlook for every apartment. The majority of apartments enjoy the NE view, while the remainder enjoy the view to Mt Coot-tha and beyond.
> As pioneers of transit-oriented development, our foresight has empowered the design. The before-mentioned level configuration affords ample dedicated car parking for most apartment residents and visitors.
> Premium finishes synonymous with the Anthony John Group and Emporium brands.
> Southpoint residential apartments will consist of two cores, flanking a central core for the Emporium South Bank Hotel. This offers exclusive access to hotel facilities and services for Southpoint residents, including room service, gymnasium and pool, day spa, concierge and more.
> Enjoy the warm welcome of concierge and valet parking, yet the privacy of an entry way and lifts for residents only.
11
apartMent Features
> Perfect NE aspect for many apartments
> Expansive living and dining areas taking in views
> Views from all bedrooms
> 40mm reconstituted stone benchtops in kitchen
> Pullout pantry and smart storage options
> State of the art kitchens with premium European stainless steel appliances (oven, gas cooktop, dishwasher, and rangehood)
> Integrated fridge
> Floor to ceiling glass maximises river city living
> All bedrooms have natural light
> Ducted air conditioning
> Floor to ceiling tiles in bathroom
> Frameless glass showerscreen
> Feature mirrorwall and cupboards.
12
Exquisite developments– Anthony John Group
Amenity has become a critical factor in modern life. No longer do we drive to the shops, preferring instead to call it a stroll. Having been early adopters of Transit Oriented Development in our market, we’ve helped to define the term ‘amenity’, and continue to redefine the way people live.
our people
The Anthony John Group boasts a team with expertise across all facets of property development including design, project management, construction, finance and marketing.
Led by Tony John, the company’s passion for design excellence and solid understanding of market demand, means it consistently delivers viable projects of unparalleled quality.
The Anthony John Group team prides itself on having the requisite strength and flexibility to respond rapidly to the market when trends or economic fundamentals change.
13
our developMentsour approacH
The Anthony John Group is largely focused on Transit Oriented Development (TOD) and has proven expertise in skilfully linking road, rail and bus transport with urban renewal mixed use development.
Anthony John Group’s approach creates vibrant environments around major transport corridors, packed with wonderful facilities where people can live, work and play.
The company’s deep understanding of the socio-economic principles underpinning TOD and, knowledge that it requires more than proximity to a transport hub to make it work, mean it has a long history of success in establishing lasting, thriving communities.
Transit Oriented Development is a key policy of the South East Queensland (SEQ) Regional Plan and supports delivery of a range of key government priorities relating to climate change, housing affordability, congestion and health and physical activity.
> The Emporium Complex, Fortitude Valley
> 100 Brookes Street, Fortitude Valley
> Rosalie Village, Rosalie
> Southgate, Cannon Hill
> East Village, Cannon Hill
> The Barracks, Cannon Hill
14
Style and service – are alive and well
Emporium Hotel Brisbane was Queensland’s first luxury, boutique hotel, setting new standards in style and service. This was recently solidified when the Hotel won the award for Best Luxury Accommodation in Australia. Created, owned and operated by the Anthony John Group, Emporium is a name synonymous with quality.
Those same standards will be in the DNA of the new Emporium Hotel South Bank, opening in 2016. It will be the centerpiece of the Southpoint development, and apartment residents as well as hotel guests will experience the unique service of Emporium hospitality.
Emporium Hotel 5 star facilities and services are available to Southpoint residents, including:
> Concierge – Organizing everything from theatre tickets to limousine hire to fresh flowers
> Gymnasium
> Rooftop pool and recreational area
> Emporium Hotel restaurants and bars
> Business lounge and conference facilities
> Day spa
> Valet parking
> In-apartment catering
> Room service
> 24-hour security
15
An investment
– in your lifestyle – in peace of mind
For owner-occupiers, Southpoint offers a vibrant way to live. A canvas to make your own, yet the style and luxury that comes hand in hand with a boutique hotel. By no stretch of the imagination a ‘downsize’, Southpoint is a move to a finer, more enjoyable quality of life. A pool to swim in, not to maintain. Sweeping views, not dusty corners. Room service, to your home.
Ticking all the boxes – for you and for tenants
> Last remaining land parcel, in a premium position
> City and river vistas
> Close proximity to CBD and efficient public transport
> Ample Parking, and swift access to motorways and airports
> Proximity to green space, cultural and recreational venue
> Close to a major supermarket and destination retail
> Proximity to excellent schools and places of higher education
> Well established and quality neighbouring buildings
16
Now is the – time to act
Southpoint is the last development within South Bank itself.
release dates
Southpoint South> June 2013> 130 x 1, 2 & 3 bedroom apartments
Southpoint North> September 2013> 91 x 1, 2 & 3 bedroom apartments
17
Image– Gallery
1 bedroom apartment - architect’s impression of living room and kitchen
View from South Bank Train Station - architects impression
19
View from Tribune Street - architects impression
2 bedroom apartment living room and kitchen - architect’s impression
Bathroom for 1 & 2 bed apartments - architects impression
20
View from Tribune Street - architects impression
South Core – city and river view
Indicative view, level 6
Indicative view, level 13
Indicative view, level 21
21
South Core – Mt Coot-tha view
Indicative view, level 6
Indicative view, level 13
Indicative view, level 21
22
North Core – mt coot-tha views
Indicative view, level 6
Indicative view, level 13
Indicative view, level 17
North Core – southbank parklands
Indicative view, level 7
Indicative view, level 13
Indicative view, level 19
North Core – city and river view
Indicative view, level 7
Indicative view, level 13
Indicative view, level 19
Floor– Plans
Site PlanN
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject
to any statutory limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
FUTURE DEVELOPMENT(indicative)
STAGE 1
Emporium Hotel Lobby GROUND FLOOR
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject
to any statutory limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
N
N
Emporium Conference LevelFIRST FLOOR
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale.
Subject to any statutory limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
N
Residents’ Recreation DeckSIXTH FLOOR
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject
to any statutory limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
Rooftop Recreation DeckN
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject
to any statutory limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE S01
– 1 bedroom – 1 bathroom – 1 carInternal area - 52m2
Balcony area - 2m2
Living - 6m x 3.9m
Bed 1 - 3m x 2.9m
River and /or city views
NSouthpoint
North
LEVEL 6 TO 20
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE S02
– 1 bedroom – 1 bathroom – 1 carInternal area - 57m2
Balcony area - 2m2
Living - 6m x 4.5m
Bed 1 - 3.1m x 2.8m
River and /or city views
NSouthpoint
North
LEVEL 6 TO 20
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE S03
– 2 bedroom – 2 bathroom – 1 carInternal area - 79m2
Balcony area - 12m2
Living - 5.4m x 3.8m
Bed 1 - 3m x 3.2m
Bed 2 - 3m x 3m
River and /or city views
NSouthpoint
North
LEVEL 6 TO 20
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE S04
– 2 bedroom – 2 bathroom – 1 carInternal area - 79m2
Balcony area - 12m2
Living - 5.3m x 3.8m
Bed 1 - 3m x 3.2m
Bed 2 - 3m x 3m
River and /or city views
NSouthpoint
North
LEVEL 6 TO 11 - LEVEL 17 TO 20
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE S04A
– 3 bedroom – 3 bathroom – 2 carInternal area - 159m2
Balcony area - 25m2
Living - 5m x 7.8m
Bed 1 - 3.4m x 4m
Bed 2 - 3m x 3.1m
Bed 3 - 3m x 3m
River and /or city views
N
SouthpointNorth
LEVEL 12 TO 16
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE S05
– 2 bedroom – 2 bathroom – 1 carInternal area - 81m2
Balcony area - 11m2
Living - 5.5m x 4m
Bed 1 - 3m x 3m
Bed 2 - 3m x 3.1m
River and /or city views
Mt Coot-Tha views
NSouthpoint
North
LEVEL 6 TO 11 - LEVEL 17 TO 20
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE S06
– 2 bedroom – 2 bathroom – 1 carInternal area - 72m2
Balcony area - 11m2
(Balcony area 15m2 - level 6 only)
Living - 4.9m x 3.8m
Bed 1 - 3.1m x 3.1m
Bed 2 - 3m x 3m
Mt Coot-Tha views
NSouthpoint
North
LEVEL 6 TO 20
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE S07
– 2 bedroom – 2 bathroom – 1 carInternal area 72m2
Balcony area 12m2
(Balcony area 23m2 - level 6 only)
Living - 6.1m x 3.8m
Bed 1 - 3m x 3m
Bed 2 - 3m x 3m
Mt Coot-Tha views
NSouthpoint
North
LEVEL 6 TO 20
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE S08
– 1 bedroom – 1 bathroom
Internal area 51m2
(Balcony area 5m2 - level 6 only)
Living - 6.1m x 4m
Bed 1 - 3.1m x 3m
Mt Coot-Tha views
NSouthpoint
North
LEVEL 6 TO 20
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE S09
– 1 bedroom – 1 bathroom
Internal area 53m2
(Balcony area 6m2 - level 6 only)
Living - 5.5m x 4.4m
Bed 1 - 3.0m x 2.8m
Mt Coot-Tha views
NSouthpoint
North
LEVEL 6 TO 20
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE N02
– 2 bedroom – 2 bathroom – 2 car (tandem)Internal area - 93m2
Balcony area - 17m2
Living - 6m x 4m
Bed 1 - 3.5m x 3.2m
Bed 2 - 3.0m x 3.0m
River and /or city views
N
LEVEL 6 TO 9
South Core
Bed 2
Bed 1
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE N03
– 2 bedroom – 2 bathroom – 2 car (tandem)Internal area - 87m2
Balcony area - 17m2
(level 6 - 23m2)
Living - 5.9m x 4m
Bed 1 - 3.2m x 3.1m
Bed 2 - 3.0m x 3.0m
River and /or city views
N
LEVEL 6 TO 9
South Core
Bed 2
Bed 1
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE N04
– 1 bedroom – 1 bathroom – 1 car (levels 11 -16 only)
Internal area - 53m2
Balcony area - 5m2
(level 6 only)
Living - 5.1m x 3.9m
Bed 1 - 3.1m x 2.8m
Mount Coot-Tha views
N
LEVEL 6 TO 16
South Core
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE N05
– 1 bedroom – 1 bathroom – 1 car (levels 11 -16 only)
Internal area - 52m2
Balcony area - 5m2
(level 6 only)
Living - 5.9m x 4.1m
Bed 1 - 3m x 3m
Mount Coot-Tha views
N
LEVEL 6 TO 16
South Core
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE N06
– 2 bedroom – 2 bathroom – 1 carInternal area - 72m2
Balcony area - 10m2
Balcony area - 21m2 (level 6 only)
Living - 5.9m x 3.8m
Bed 1 - 3.2m x 3.1m
Bed 2 - 3m x 3m
Mount Coot-Tha views
N
LEVEL 6 TO 16
South Core
Bed 2
Bed 1
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE N07
– 2 bedroom – 2 bathroom – 1 carInternal area - 80m2
Balcony area - 10m2
Balcony area - 18m2 (level 6 only)
Living - 6.8m x 4m
Bed 1 - 3.4m x 3.3m
Bed 2 - 3.6m x 3m
Mount Coot-Tha views
N
LEVEL 6 TO 16
South Core
Bed 2
Bed 1
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE N08
– 2 bedroom – 2 bathroom – 1 carInternal area - 75m2
Balcony area - 14m2
Balcony area - 15m2 (level 6 only)
Living - 5.7m x 4.4m
Bed 1 - 3.2m x 3.2m
Bed 2 - 3m x 3m
N
LEVEL 6 TO 9
South Core
Bed 2
Bed 1
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE N1002
– 2 bedroom – 2 bathroom – 2 car (tandem)Internal area - 95m2
Balcony area - 20m2
Living - 6m x 4m
Bed 1 - 3.3m x 3.2m
Bed 2 - 3.1m x 3m
River and /or city views
N
LEVEL 10
South Core
Bed 2
Bed 1
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE N1703
– 2 bedroom – 2 bathroom – 2 car (tandem)Internal area - 84m2
Balcony area - 18m2
Living - 6m x 4.2m
Bed 1 - 3.5m x 3.2m
Bed 2 - 3m x 3m
Mount Coot-Tha views
N
LEVEL 17 TO 20
South Core
Bed 1
Bed 2
While every care has been taken in the preparation of this plan, the particulars and information in it are not to be construed as containing any representations upon which an interested
party is entitled to rely. All illustrations, drawings and photographs are for professional presentation purposes, are indicative only and not necessarily to scale. Subject to any statutory
limitation, none of AJG Southpoint Pty Ltd ACN 128 719 764 or any or its subsidiaries, employees or agents will be responsible or liable in any way to any party whatsoever that relies upon
anything contained in this document for any reason whatsoever. All information and material is subject to change without notice.
Plan not to scale, furniture not included.
APARTMENT TYPE N1704
– 2 bedroom – 2 bathroom – 2 car (tandem)Internal area - 79m2
Balcony area - 13m2
Living - 5.3m x 3.8m
Bed 1 - 3.5m x 3.2m
Bed 2 - 3m x 3m
Mount Coot-Tha views
N
LEVEL 17 TO 20
South Core
Bed 1
Bed 2
The
Res
iden
ces
– T
ype N
01
Inte
rnal
are
a -
141m
2
Bal
con
y ar
ea -
20m
2
Livi
ng
- 7.
3m x
5m
Bed
1 -
3.9
m x
3.6
m
Bed
2 -
3.3
m x
3m
Bed
3 -
3.3
m x
3.2
m
Cit
y an
d/o
r R
iver
Vie
ws
- N
E A
spec
t
3 B
edro
om2.
5 B
athr
oom
2 Ca
r (ta
ndem
)
Plan
not
to sc
ale
Furn
itur
e no
t inc
lude
dW
hil
e ev
ery
care
has
bee
n t
aken
in t
he
pre
par
atio
n o
f th
is p
lan
, th
e p
arti
cula
rs a
nd
info
rmat
ion
in it
are
not
to
be
con
stru
ed a
s co
nta
inin
g an
y re
pre
sen
tati
ons
up
on w
hic
h
an in
tere
sted
par
ty is
en
titl
ed t
o re
ly. A
ll il
lust
rati
ons,
dra
win
gs a
nd
ph
otog
rap
hs
are
for
pro
fess
ion
al p
rese
nta
tion
pu
rpos
es, a
re in
dic
ativ
e on
ly a
nd
not
nec
essa
rily
to
scal
e.
Sub
ject
to
any
stat
uto
ry l
imit
atio
n, n
one
of A
JG S
outh
poi
nt
Pty
Ltd
AC
N 1
28 7
19 7
64 o
r an
y or
its
sub
sid
iari
es, e
mp
loye
es o
r ag
ents
wil
l b
e re
spon
sib
le o
r li
able
in a
ny
way
to
any
par
ty w
hat
soev
er t
hat
rel
ies
up
on a
nyt
hin
g co
nta
ined
in t
his
doc
um
ent
for
any
reas
on w
hat
soev
er. A
ll in
form
atio
n a
nd
mat
eria
l is
su
bje
ct t
o ch
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wit
hou
t n
otic
e.
LEVE
L 6
TO 9N
Sou
th
Cor
e
Bed
1
Bed
3
Bed
2
The
Res
iden
ces
– T
ype N
1201
Inte
rnal
are
a -
205m
2
Bal
con
y ar
ea -
25m
2 (L
evel
11
- 56
m2 )
Livi
ng
1 -
7m x
5m
Livi
ng
2 -
4.6m
x 3
m
Bed
1 -
5.9
m x
3.9
m
Bed
2 -
3.8
m x
3.1
m
Bed
3 -
3.4
m x
3.1
m
Cit
y an
d R
iver
Vie
ws
- N
E A
spec
t
3 B
edro
om2.
5 B
athr
oom
2 Ca
r
Plan
not
to sc
ale
Furn
itur
e no
t inc
lude
dW
hil
e ev
ery
care
has
bee
n t
aken
in t
he
pre
par
atio
n o
f th
is p
lan
, th
e p
arti
cula
rs a
nd
info
rmat
ion
in it
are
not
to
be
con
stru
ed a
s co
nta
inin
g an
y re
pre
sen
tati
ons
up
on w
hic
h
an in
tere
sted
par
ty is
en
titl
ed t
o re
ly. A
ll il
lust
rati
ons,
dra
win
gs a
nd
ph
otog
rap
hs
are
for
pro
fess
ion
al p
rese
nta
tion
pu
rpos
es, a
re in
dic
ativ
e on
ly a
nd
not
nec
essa
rily
to
scal
e.
Sub
ject
to
any
stat
uto
ry l
imit
atio
n, n
one
of A
JG S
outh
poi
nt
Pty
Ltd
AC
N 1
28 7
19 7
64 o
r an
y or
its
sub
sid
iari
es, e
mp
loye
es o
r ag
ents
wil
l b
e re
spon
sib
le o
r li
able
in a
ny
way
to
any
par
ty w
hat
soev
er t
hat
rel
ies
up
on a
nyt
hin
g co
nta
ined
in t
his
doc
um
ent
for
any
reas
on w
hat
soev
er. A
ll in
form
atio
n a
nd
mat
eria
l is
su
bje
ct t
o ch
ange
wit
hou
t n
otic
e.
LEVE
L 11
TO
16
N
Sou
th
Cor
e
Bed
1
Bed
2
Bed
3
The
Res
iden
ces
– T
ype N
1202
3 B
edro
om2.
5 B
athr
oom
2 Ca
r
Plan
not
to sc
ale
Furn
itur
e no
t inc
lude
dW
hil
e ev
ery
care
has
bee
n t
aken
in t
he
pre
par
atio
n o
f th
is p
lan
, th
e p
arti
cula
rs a
nd
info
rmat
ion
in it
are
not
to
be
con
stru
ed a
s co
nta
inin
g an
y re
pre
sen
tati
ons
up
on w
hic
h
an in
tere
sted
par
ty is
en
titl
ed t
o re
ly. A
ll il
lust
rati
ons,
dra
win
gs a
nd
ph
otog
rap
hs
are
for
pro
fess
ion
al p
rese
nta
tion
pu
rpos
es, a
re in
dic
ativ
e on
ly a
nd
not
nec
essa
rily
to
scal
e.
Sub
ject
to
any
stat
uto
ry l
imit
atio
n, n
one
of A
JG S
outh
poi
nt
Pty
Ltd
AC
N 1
28 7
19 7
64 o
r an
y or
its
sub
sid
iari
es, e
mp
loye
es o
r ag
ents
wil
l b
e re
spon
sib
le o
r li
able
in a
ny
way
to
any
par
ty w
hat
soev
er t
hat
rel
ies
up
on a
nyt
hin
g co
nta
ined
in t
his
doc
um
ent
for
any
reas
on w
hat
soev
er. A
ll in
form
atio
n a
nd
mat
eria
l is
su
bje
ct t
o ch
ange
wit
hou
t n
otic
e.
LEVE
L 11
TO
16
N
Sou
th
Cor
e
Inte
rnal
are
a -
161m
2
Bal
con
y ar
ea -
26m
2 (L
evel
11
- 37
m2 )
Livi
ng
- 7.
1m x
5.2
m
Bed
1 -
4m
x 4
m
Bed
2 -
3.2
m x
3m
Bed
3 -
3m
x 3
m
Cit
y an
d R
iver
Vie
ws
- N
E A
spec
t
Bed
1B
ed 2
Bed
3
Plan
not
to sc
ale
Furn
itur
e no
t inc
lude
dW
hil
e ev
ery
care
has
bee
n t
aken
in t
he
pre
par
atio
n o
f th
is p
lan
, th
e p
arti
cula
rs a
nd
info
rmat
ion
in it
are
not
to
be
con
stru
ed a
s co
nta
inin
g an
y re
pre
sen
tati
ons
up
on w
hic
h
an in
tere
sted
par
ty is
en
titl
ed t
o re
ly. A
ll il
lust
rati
ons,
dra
win
gs a
nd
ph
otog
rap
hs
are
for
pro
fess
ion
al p
rese
nta
tion
pu
rpos
es, a
re in
dic
ativ
e on
ly a
nd
not
nec
essa
rily
to
scal
e.
Sub
ject
to
any
stat
uto
ry l
imit
atio
n, n
one
of A
JG S
outh
poi
nt
Pty
Ltd
AC
N 1
28 7
19 7
64 o
r an
y or
its
sub
sid
iari
es, e
mp
loye
es o
r ag
ents
wil
l b
e re
spon
sib
le o
r li
able
in a
ny
way
to
any
par
ty w
hat
soev
er t
hat
rel
ies
up
on a
nyt
hin
g co
nta
ined
in t
his
doc
um
ent
for
any
reas
on w
hat
soev
er. A
ll in
form
atio
n a
nd
mat
eria
l is
su
bje
ct t
o ch
ange
wit
hou
t n
otic
e.
LEVE
L 17
TO
20
N
Sou
th
Cor
e
The
Res
iden
ces
– T
ype N
1701
3 B
edro
om +
Stu
dy2.
5 B
athr
oom
3 Ca
r
Inte
rnal
are
a -
246m
2
Bal
con
y ar
ea -
42m
2
Livi
ng
1 -
8.5m
x 5
m
Livi
ng
2 -
4.8m
x 3
.4m
Bed
1 -
6.2
m x
4.1
m
Bed
2 -
3.4
m x
3m
Bed
3 -
3.1
m x
3m
Cit
y an
d R
iver
Vie
ws
- N
E A
spec
t
Bed
1B
ed 3
Bed
2
Plan
not
to sc
ale
Furn
itur
e no
t inc
lude
dW
hil
e ev
ery
care
has
bee
n t
aken
in t
he
pre
par
atio
n o
f th
is p
lan
, th
e p
arti
cula
rs a
nd
info
rmat
ion
in it
are
not
to
be
con
stru
ed a
s co
nta
inin
g an
y re
pre
sen
tati
ons
up
on w
hic
h
an in
tere
sted
par
ty is
en
titl
ed t
o re
ly. A
ll il
lust
rati
ons,
dra
win
gs a
nd
ph
otog
rap
hs
are
for
pro
fess
ion
al p
rese
nta
tion
pu
rpos
es, a
re in
dic
ativ
e on
ly a
nd
not
nec
essa
rily
to
scal
e.
Sub
ject
to
any
stat
uto
ry l
imit
atio
n, n
one
of A
JG S
outh
poi
nt
Pty
Ltd
AC
N 1
28 7
19 7
64 o
r an
y or
its
sub
sid
iari
es, e
mp
loye
es o
r ag
ents
wil
l b
e re
spon
sib
le o
r li
able
in a
ny
way
to
any
par
ty w
hat
soev
er t
hat
rel
ies
up
on a
nyt
hin
g co
nta
ined
in t
his
doc
um
ent
for
any
reas
on w
hat
soev
er. A
ll in
form
atio
n a
nd
mat
eria
l is
su
bje
ct t
o ch
ange
wit
hou
t n
otic
e.
The
Res
iden
ces
– T
ype N
1702
3 B
edro
om +
Stu
dy2.
5 B
athr
oom
3 Ca
r
Inte
rnal
are
a -
212m
2
Bal
con
y ar
ea -
35m
2
Livi
ng
1 -
9m x
5m
Bed
1 -
5.7
m x
4.5
m
Bed
2 -
3m
x 3
m
Bed
3 -
3.2
m x
3.1
m
Cit
y an
d R
iver
Vie
ws
- N
E A
spec
t
Bed
1
Bed
2
Bed
3
LEVE
L 17
TO
20
N
Sou
th
Cor
e
Schedule of– Finishes
Typical 1 & 2 Bed Apartments– schedule of finishesKITCHEN
> Bosch stainless-steel appliances, including oven, gas cooktop, 600mm rangehood and 600mm dishwasher
> Integrated fridge
> 40mm reconstituted stone benchtops with feature laminate
> Tiled splashbacks
> Polished chrome tapware
BATHROOMS > Ceramic-tiled floors and walls
> Acrylic bath (where applicable)
> Semi-frameless glass shower screen
> Wall-hung vitreous china basin with sleek mirror cabinetry
> Polished chrome tapware and accessories
BEDROOMS > Wool-blend carpet
> Spacious wardrobe with hanging rails, shelving and mirrored doors
LAUNDRY > Single laundry tub
> Polished chrome tapware
> Fisher and Paykel clothes dryer
GENERAL LIVING AREAS > Vinyl timber flooring
> Acoustically treated wall system
> Recessed down lights
Disclaimer: The use of any item specified in this schedule is subject to availability. The developer reserves the right to substitute any specified item with an item of similar finish or quality, or, make any necessary changes to the specified items during the course of construction.
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Finishes Schedule
1 and 2 Bed Apartments – South Core
APARTMENT COLOUR SCHEME SELECTION: (Select one scheme only)
Oak Ash
General
General Flooring Living Areas General Walls General Ceilings Skirting Architraves Lighting
Vinyl timber planking Acoustically treated wall system with plasterboard lining and paint finish Painted plasterboard Timber with paint finish Timber with paint finish Recessed down light fittings
Kitchen
Floor Benchtops Splashback Joinery Tapware Sink Appliances:
- Oven - Cooktop - Rangehood - Dishwasher - Fridge
Vinyl timber planking Reconstituted Stone Tiles Select laminate with melamine Polished chrome mixer Stainless steel European stainless steel European 600mm gas stainless steel European 600mm stainless steel European 600mm semi-integrated Integrated Fisher & Paykel
Bathroom and Ensuite
Floor Walls & bath upstand Ensuite bath Basin Tapware Toilet Suite Shower Screen Accessories Mirror cabinet
Ceramic tiles Ceramic tiles Acrylic bath (where applicable) Wall hung vitreous china Polished chrome mixers In wall cistern with white vitreous china pan Semi-frameless glass Polished chrome Wall mounted with shelves
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Finishes Schedule
1 and 2 Bedroom Apartments – South Core
Laundry
Floors Walls Tub Tapware Clothes Dryer
Vinyl timber planking Skirting tile with painted plasterboard Single laundry sink unit Polished chrome mixer Fisher & Paykel
Bedrooms
Floor Standard Robes
Wool blend carpet Mirrored robe doors with shelf unit and hanging rail
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Inclusions List
Common Area Foyers and Corridors
Entry lobby and foyer A combination of carpet, timber and/or large format stone tiles
Common Areas Selected wool blend commercial grade carpet
General walls Painted plasterboard
Ceilings Painted plasterboard
Services
Hot Water Centralised hot water system
Air-Conditioning Centralised fully ducted reverse cycle to living areas and bedrooms
Security Integrated security system with proximity card controlling access to
apartment common areas.
Video intercom system to all apartments
Access to electronically operated boom gate to car park
IT / Communications Telephone points to bedrooms, living or entry and study (where
applicable)
Fibre optic cable to apartments for internet access
Pre-wired connection point for Pay TV (Bed 1 and Living only) and free-
to-air TV to living room and bedrooms
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Inclusions List
Basement Car park Concrete slab with concrete or masonry walls Caged storage (where applicable) Car spaces numbered and line marked (where applicable) Refuse & Recycling A refuse room on each floor with chute located off the common lift
lobby corridor Recycling trays located on each level in refuse room removed by building
management
General Construction
Floor Concrete Slab
External Walls Precast concrete panels with selected textured paint finish; concrete
with paint finish; rendered masonry with paint finish; glazed windows or
sliding doors
Roof Metal roof with insulation where appropriate
External Glazing Glazing with powder coated aluminium frame
Walls between apartments Fire rated and acoustically treated wall with paint finish
Foyer entry doors Swing security doors
Door Hardware Selected quality lever handles
Lighting Down lights
Balustrade Glazed balustrade
Balconies Selected ceramic tiles
Note: The use of any item specified in this schedule is subject to availability.
The Vendor reserves the right to:
- Substitute any specified item with an item of similar finish or quality ; or
- Make any necessary changes to the specified items during the course of construction.
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Finishes Schedule
1 and 2 Bed Apartments – North Core
General
General Flooring Living Areas General Walls General Ceilings Skirting Architraves Lighting
Vinyl timber planking Acoustically treated wall system with plasterboard lining and paint finish Painted plasterboard Timber with paint finish Timber with paint finish Recessed down light fittings
Kitchen
Floor Benchtops Splashback Joinery Tapware Sink Appliances:
- Oven - Cooktop - Rangehood - Dishwasher - Fridge
Vinyl timber planking Reconstituted Stone Tiles Select & feature laminate with melamine internals Polished chrome mixer Stainless steel Bosch stainless steel Bosch 600mm gas stainless steel Bosch 600mm stainless steel Bosch 600mm semi-integrated Integrated Fisher & Paykel
Bathroom and Ensuite
Floor Walls & bath upstand Bath Basin Tapware Toilet Suite Shower Screen Accessories Mirror cabinet
Ceramic tiles Ceramic tiles Acrylic bath (where applicable) Wall hung vitreous china Polished chrome mixers In wall cistern with white vitreous china pan Semi-frameless glass Polished chrome Wall mounted with shelves
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Finishes Schedule
1 and 2 Bedroom Apartments – North Core
Laundry
Floors Walls Tub Tapware Clothes Dryer
Vinyl timber planking Skirting tile with painted plasterboard Single laundry sink unit Polished chrome mixer Fisher & Paykel
Bedrooms
Floor Standard Robes
Wool blend carpet Mirrored robe doors with shelf unit and hanging rail
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Inclusions List
Common Area Foyers and Corridors
Entry lobby and foyer A combination of carpet, timber and/or large format stone tiles
Common Areas Selected wool blend commercial grade carpet
General walls Painted plasterboard
Ceilings Painted plasterboard
Services
Hot Water Centralised hot water system
Air-Conditioning Centralised fully ducted reverse cycle to living areas and bedrooms
Security Integrated security system with proximity card controlling access to
apartment common areas.
Video intercom system to all apartments
IT / Communications Telephone point to bedrooms, living or entry and study (where
applicable)
Fibre optic cable to apartments for internet access
Pre-wired connection point for Pay TV (Bed 1 and Living only) and free-
to-air TV to living room and bedrooms
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Inclusions List
Basement Car park Concrete slab with concrete or masonry walls Car spaces numbered and line marked (where applicable) Refuse & Recycling A refuse room on each floor with chute located off the common lift
lobby corridor
General Construction
Floor Concrete Slab
External Walls Precast concrete panels with selected textured paint finish; concrete
with paint finish; rendered masonry with paint finish; glazed windows or
sliding doors
Roof Metal roof with insulation where appropriate
External Glazing Glazing with powder coated aluminium frame
Walls between apartments Fire rated and acoustically treated wall with paint finish
Foyer entry doors Swing security doors
Door Hardware Selected quality lever handles
Lighting Down lights
Balustrade Glazed balustrade
Balconies Selected ceramic tiles
Note: The use of any item specified in this schedule is subject to availability.
The Vendor reserves the right to:
- Substitute any specified item with an item of similar finish or quality ; or
- Make any necessary changes to the specified items during the course of construction.
Premium 2 Bed Apartments– schedule of finishesKITCHEN
> Bosch stainless-steel appliances, including 600mm oven, 900mm gas cooktop, 900mm rangehood, integrated microwave and 600mm dishwasher
> Integrated fridge
> 60mm reconstituted stone island bench
> Large-format mirrored splashbacks
> Polished chrome tapware
> Two pac with feature laminate cabinetry
BATHROOMS > Ceramic-tiled floors and walls
> Acrylic bath (where applicable)
> Frameless glass shower screen
> Wall-hung vitreous china basin with sleek mirror cabinetry
> Polished chrome tapware and accessories
BEDROOMS > Wool-blend carpet
> Spacious wardrobe with hanging rails, shelving and mirrored doors
LAUNDRY > Single laundry tub
> Polished chrome tapware
> Fisher and Paykel clothes dryer
GENERAL LIVING AREAS > Vinyl timber flooring
> Acoustically treated wall system
> Recessed down lights
Disclaimer: The use of any item specified in this schedule is subject to availability. The developer reserves the right to substitute any specified item with an item of similar finish or quality, or, make any necessary changes to the specified items during the course of construction.
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Finishes Schedule
Premium 2 Bed Apartments – North Core
Apartment: 602, 603, 702, 703, 802, 803, 902, 903, 1002, 1703, 1704, 1803, 1804, 1903, 1904, 2003, 2004.
(circle apartment number)
General
General Flooring Living Areas General Walls General Ceilings Skirting Architraves Lighting
Vinyl timber planking Acoustically treated wall system with plasterboard lining and paint finish Painted plasterboard Timber with paint finish Timber with paint finish Recessed down light fittings
Kitchen
Floor Benchtops Splashback Joinery Tapware Sink Appliances:
- Oven - Cooktop - Rangehood - Dishwasher - Microwave - Fridge
Vinyl timber planking 60mm Reconstituted Stone Large format mirror panel 2 Pac & feature laminate with melamine internals Polished chrome mixer Stainless steel Bosch stainless steel Bosch 900mm gas stainless steel Bosch 900mm stainless steel or similar Bosch 600mm Bosch stainless steel integrated Integrated Fisher & Paykel
Bathroom and Ensuite
Floor Walls & bath upstand Ensuite bath Basin Tapware Toilet Suite Shower Screen Accessories Mirror cabinet
Ceramic tiles Ceramic tiles Acrylic bath (where applicable) Wall hung vitreous china Polished chrome mixers In wall cistern with white vitreous china pan Frameless glass Polished chrome Wall mounted with shelves
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Finishes Schedule
Premium 2 Bedroom Apartments – North Core
Laundry
Floors Walls Tub Tapware Clothes Dryer
Vinyl timber planking Skirting tile with painted plasterboard Single laundry sink unit Polished chrome mixer Fisher & Paykel
Bedrooms
Floor Robes
Wool blend carpet Mirrored robe doors with shelf unit and hanging rail
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Inclusions List
Common Area Foyers and Corridors
Entry lobby and foyer A combination of carpet, timber and/or large format stone tiles
Common Areas Selected wool blend commercial grade carpet
General walls Painted plasterboard
Ceilings Painted plasterboard
Services
Hot Water Centralised hot water system
Air-Conditioning Centralised fully ducted reverse cycle to living areas and bedrooms
Security Integrated security system with proximity card controlling access to
apartment common areas.
Video intercom system to all apartments
IT / Communications Telephone point to bedrooms, living or entry and study (where
applicable)
Fibre optic cable to apartments for internet access
Pre-wired connection point for Pay TV (Bed 1 and Living only) and free-
to-air TV to living room and bedrooms
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Inclusions List
Basement Car park Concrete slab with concrete or masonry walls Car spaces numbered and line marked (where applicable) Refuse & Recycling A refuse room on each floor with chute located off the common lift
lobby corridor
General Construction
Floor Concrete Slab
External Walls Precast concrete panels with selected textured paint finish; concrete
with paint finish; rendered masonry with paint finish; glazed windows or
sliding doors
Roof Metal roof with insulation where appropriate
External Glazing Glazing with powder coated aluminium frame
Walls between apartments Fire rated and acoustically treated wall with paint finish
Foyer entry doors Swing security doors
Door Hardware Selected quality lever handles
Lighting Down lights
Balustrade Glazed balustrade
Balconies Selected ceramic tiles
Note: The use of any item specified in this schedule is subject to availability.
The Vendor reserves the right to:
- Substitute any specified item with an item of similar finish or quality ; or
- Make any necessary changes to the specified items during the course of construction.
Apartment Finishes– “Oak” Scheme
living spaces
kitcHen
BedrooM
BatHrooMs
Q:\_JTCW Projects\2006\2006101 COLLINS PLACE QLD\4_Deliverables\D07 Presentations_Mktg\2013-05-07_SouthTower_Options\Interior finishes palette ISSUE 01 13/05/13 C
4 5 6 7
8 9 10
1a 1b 2 3
Project 2006101 Collins Place Typical Apartment 1 & 2 Bedroom variations
May 2013
Apartment Finishes Palette A
LEGEND
1 Bathroom Floor & Wall Tile - Option ‘a’ GeoWhite - Option b TBC.2 Kitchen & Bathroom Subway Tiles 50/100 x 400 (Matt & GLoss Kitchen only)3 Bathroom Cupboard & Spashback - Mirror 4 Laminex to kitchen joinery Laminex - White Natural Finish5 Laminex to kitchen surround & Overhead Cupboards Laminex - Oyster Linea6 Bathroom Joinery Frame Nikpol- Light Ferrara Oak7 Ceasar Stone Top to Vanity and Kitchen top Ceasar Stone - Wild Rice 43608 Carpet to Bedroom Hardtwist Cut Pile Colour - Wainscott9 Vinyl Timber Flooring to Public Spaces Tarkett - Snow Gum10 General Wall & Ceiling Dulux - Natural White - PCWF5
1 Vinyl Timber Flooring to Living, Dining
& Kitchen Spaces (Oak special or similar)
2 General Wall Dulux - Natural White PN1E1
(or similar)
3 General Ceiling Dulux - Vivid White PN2E1
(or similar)
1 40mm Reconstituted Stone benchtop -
Wild Rice (or similar)
2 Laminate to kitchen surround, Overhead
Cupboards, Study Benchtop, Screen Doors
& Bathroom Joinery Frame Laminex -
Seasoned Oak 458 (or similar)
3 Kitchen Splashback - Matrix Truffle F15
(or similar)
1 Bathroom Floor & Feature Wall
- Pietra Del Nord - Sabbia Soft (or similar)
2 Bathroom Base Wall Tiles
- Glazed Ceramic Tile
3 Bathroom Cupboard & Splashback
- Clear Mirror
1 General Wall Dulux - Natural White PN1E1
(or similar)
2 Carpet to Bedroom Hardtwist Cut Pile
Colour - Wainscott (Leon or similar)
3 Sliding Screen Doors Laminex - Seasoned
Oak 458 (or similar), (1 bedroom
apartments only)
Q:\_JTCW Projects\2006\2006101 COLLINS PLACE QLD\4_Deliverables\D07 Presentations_Mktg\2013-05-07_SouthTower_Options\Interior finishes palette ISSUE 01 13/05/13 C
4 5 6 7
8 9 10
1a 1b 2 3
Project 2006101 Collins Place Typical Apartment 1 & 2 Bedroom variations
May 2013
Apartment Finishes Palette A
LEGEND
1 Bathroom Floor & Wall Tile - Option ‘a’ GeoWhite - Option b TBC.2 Kitchen & Bathroom Subway Tiles 50/100 x 400 (Matt & GLoss Kitchen only)3 Bathroom Cupboard & Spashback - Mirror 4 Laminex to kitchen joinery Laminex - White Natural Finish5 Laminex to kitchen surround & Overhead Cupboards Laminex - Oyster Linea6 Bathroom Joinery Frame Nikpol- Light Ferrara Oak7 Ceasar Stone Top to Vanity and Kitchen top Ceasar Stone - Wild Rice 43608 Carpet to Bedroom Hardtwist Cut Pile Colour - Wainscott9 Vinyl Timber Flooring to Public Spaces Tarkett - Snow Gum10 General Wall & Ceiling Dulux - Natural White - PCWF5
Disclaimer: Whilst every care has been taken in the preparation of this document the Seller makes no representation as to its accuracy or completeness. The Seller may substitute any items without notification to the buyer.
34
Apartment Finishes– “Ash” Scheme
living spaces
kitcHen
BedrooM
BatHrooMs
Q:\_JTCW Projects\2006\2006101 COLLINS PLACE QLD\4_Deliverables\D07 Presentations_Mktg\2013-05-07_SouthTower_Options\Interior finishes palette ISSUE 01 13/05/13 C
4 5 6 7
8 9 10
1a 1b 2 3
Project 2006101Collins Place Typical Apartment1 & 2 Bedroom variations
May 2013
Apartment Finishes Palette A
LEGEND
1 Bathroom Floor & Wall Tile- Option ‘a’ GeoWhite- Option b TBC.
2 Kitchen & BathroomSubway Tiles 50/100 x 400(Matt & GLoss Kitchen only)
3 Bathroom Cupboard & Spashback- Mirror
4 Laminex to kitchen joineryLaminex - White Natural Finish
5 Laminex to kitchen surround & OverheadCupboardsLaminex - Oyster Linea
6 Bathroom Joinery FrameNikpol- Light Ferrara Oak
7 Ceasar Stone Top to Vanity and Kitchen topCeasar Stone - Wild Rice 4360
8 Carpet to BedroomHardtwist Cut PileColour - Wainscott
9 Vinyl Timber Flooring to Public SpacesTarkett - Snow Gum
10 General Wall & CeilingDulux - Natural White - PCWF5
1 Vinyl Timber Flooring to Living, Dining
& Kitchen Spaces (Ash or similar)
2 General Wall Dulux - Natural White PN1E1
(or similar)
3 General Ceiling Dulux - Vivid White PN2E1
(or similar)
1 40mm Reconstituted Stone benchtop -
Alpine White (or similar)
2 Laminate to kitchen surround, Overhead
Cupboards, Study Benchtop, Screen Doors
& Bathroom Joinery Frame Laminex -
Avignon Walnut (or similar)
3 Kitchen Splashback - Matrix Snowdrift F15
(or similar)
1 Bathroom Floor & Feature Wall
- Geotech Stone - Geo Grey (or similar)
2 Bathroom Base Wall Tiles
- Glazed Ceramic Tile
3 Bathroom Cupboard & Splashback
- Clear Mirror
1 General Wall Dulux - Natural White PN1E1
(or similar)
2 Carpet to Bedroom Hardtwist Cut Pile
Colour - Montauk (Zamora or similar)
3 Sliding Screen Doors Laminex - Seasoned
Avignon Walnut (or similar), (1 bedroom
apartments only)
Q:\_JTCW Projects\2006\2006101 COLLINS PLACE QLD\4_Deliverables\D07 Presentations_Mktg\2013-05-07_SouthTower_Options\Interior finishes palette ISSUE 01 13/05/13 C
4 5 6 7
8 9 10
1a 1b 2 3
Project 2006101Collins Place Typical Apartment1 & 2 Bedroom variations
May 2013
Apartment Finishes Palette A
LEGEND
1 Bathroom Floor & Wall Tile- Option ‘a’ GeoWhite- Option b TBC.
2 Kitchen & BathroomSubway Tiles 50/100 x 400(Matt & GLoss Kitchen only)
3 Bathroom Cupboard & Spashback- Mirror
4 Laminex to kitchen joineryLaminex - White Natural Finish
5 Laminex to kitchen surround & OverheadCupboardsLaminex - Oyster Linea
6 Bathroom Joinery FrameNikpol- Light Ferrara Oak
7 Ceasar Stone Top to Vanity and Kitchen topCeasar Stone - Wild Rice 4360
8 Carpet to BedroomHardtwist Cut PileColour - Wainscott
9 Vinyl Timber Flooring to Public SpacesTarkett - Snow Gum
10 General Wall & CeilingDulux - Natural White - PCWF5
Disclaimer: Whilst every care has been taken in the preparation of this document the Seller makes no representation as to its accuracy or completeness. The Seller may substitute any items without notification to the buyer.
35
The
Res
iden
ces
– sc
hedu
le o
f fin
ishe
sKI
TCH
EN>
Gag
gen
au a
pp
lian
ces,
incl
ud
ing
oven
, ste
am
oven
, war
min
g d
raw
er, c
ookt
oop,
ran
geh
ood
, m
icro
wav
e an
d d
ish
was
her
> F
ish
er a
nd
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kel
glas
s d
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> V
inte
c w
ine
and
dri
nks
fri
dge
> S
ton
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tain
less
-ste
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ench
top
s>
Mir
ror-
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d s
pla
shb
acks
> P
olis
hed
ch
rom
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pw
are
> T
wo-
pac
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imb
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enee
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iner
y
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ROOM
S>
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d fl
oor
> S
ton
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d g
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eram
ic-t
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wal
ls>
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ect
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e b
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s>
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ne
com
pos
ite
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stan
din
g b
ath
> F
ram
eles
s gl
ass
show
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reen
> V
itre
ous
chin
a b
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s>
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ish
ed c
hro
me
tap
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r an
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sori
es
BEDR
OOM
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l-b
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arp
et>
Tim
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wal
k-in
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e>
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nd
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e w
ith
mir
rore
d d
oors
LAU
NDR
Y>
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ne-
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d fl
oor
> G
laze
d c
eram
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wal
ls>
Dro
p-i
n l
aun
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tu
b>
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ish
ed c
hro
me
tap
war
e>
Fis
her
an
d P
ayke
l cl
oth
es d
ryer
GEN
ERAL
LIV
ING
AREA
S>
Tim
ber
floo
rin
g>
Aco
ust
ical
ly t
reat
ed w
all
syst
em>
Rec
esse
d d
own
lig
hts
> G
as fi
rep
lace
(se
lect
ed a
par
tmen
ts o
nly
)
Dis
clai
mer
: The
use
of
any
item
spe
cifie
d in
thi
s sc
hedu
le is
su
bjec
t to
ava
ilabi
lity.
The
dev
elop
er
rese
rves
the
rig
ht t
o su
bsti
tute
any
spe
cifie
d it
em w
ith
an it
em o
f si
mila
r fin
ish
or q
ual
ity,
or,
mak
e an
y ne
cess
ary
chan
ges
to t
he s
peci
fied
item
s du
ring
the
cou
rse
of c
onst
ruct
ion.
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Finishes Schedule
3 Bed Apartments – North Core
Apartments: 601, 701, 801, 901, 1001, 1101, 1102, 1201, 1202, 1301, 1302, 1401, 1402, 1501, 1502, 1601, 1602, 1701, 1702,
1801, 1802, 1901, 1902, 2001, 2002.
(circle apartment number)
General
General Flooring Living Areas General Walls General Ceilings Skirting Architraves Lighting Fireplace
Timber flooring Acoustically treated wall system with plasterboard lining and paint finish Painted plasterboard Timber with paint finish Timber with paint finish Recessed down light fittings Gas fireplace in living room (Apts 1001 to 2001 only)
Kitchen
Floor Benchtops Splashback Joinery Tapware Sink Appliances:
- Oven - Steam Oven - Warming drawer - Cooktop - Rangehood - Microwave - Dishwasher - Glass Dishwasher
- Wine & Drinks Fridges
Timber flooring Selection of stone and stainless steel Mirror tiles 2 Pac & timber veneer Polished chrome mixer Stainless steel Gaggenau stainless steel Gaggenau stainless steel Gaggenua stainless steel Gaggenau 900mm gas stainless steel Gaggenau stainless steel or similar Gaggenau fully integrated Gaggenau 600mm semi-integrated Integrated Fisher & Paykel (Apts 1001 to 2001 & 1702 to 2002 only) Vintec or similar
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Finishes Schedule
3 Bedroom Apartments – North Core
Ensuite
Floor Walls Ensuite bath Basin Tapware Toilet Suite Shower Screen Accessories Joinery Benchtop Mirror cabinet
Stone tiles Stone tiles Stone composite freestanding bath Underslung vitreous china Polished chrome mixers In wall cistern with white vitreous china pan Frameless glass Polished chrome Timber veneer Select stone Wall mounted with shelves
Bathroom
Floors Walls Basin Tapware Toilet Suite Shower Screen Accessories Mirror Cabinet
Stone tile Glazed ceramic tile Wall hung vitreous china Polished chrome mixer In wall cistern with white vitreous china Frameless glass Polished Chrome Wall mounted with shelves
Powder Room
Floors Walls Basin Tapware Toilet Suite
Stone tile Glazed ceramic tile Wall hung vitreous china Polished chrome mixer In wall cistern with white vitreous china
Laundry
Floors Walls Tub Tapware Clothes Dryer
Stone tile Glazed ceramic tile Single drop in laundry sink Polished chrome mixer Fisher & Paykel
Bedrooms
Floor Walk in Robes Standard Robes
Wool blend carpet Timber veneer joinery Mirrored robe doors with shelf unit and hanging rail
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Inclusions List
Common Area Foyers and Corridors
Entry lobby and foyer A combination of carpet, timber and/or large format stone tiles
Common Areas Selected wool blend commercial grade carpet
General walls Painted plasterboard
Ceilings Painted plasterboard
Services
Hot Water Centralised hot water system
Air-Conditioning Centralised fully ducted reverse cycle to living areas and bedrooms
Security Integrated security system with proximity card controlling access to
apartment common areas.
Video intercom system to all apartments
IT / Communications Telephone point to bedrooms, living or entry and study (where
applicable)
Fibre optic cable to apartments for internet access
Pre-wired connection point for Pay TV (Bed 1 and Living only) and free-
to-air TV to living room and bedrooms
Home automation (CBUS system or similar), with basic lighting control
SOUTHPOINT APARTMENTS
Grey Street, Southbank
Inclusions List
Basement Car park Concrete slab with concrete or masonry walls Caged storage (where applicable) Car spaces numbered and line marked Refuse & Recycling A refuse room on each floor with chute located off the common lift
lobby corridor
General Construction
Floor Concrete Slab
External Walls Precast concrete panels with selected textured paint finish; concrete
with paint finish; rendered masonry with paint finish; glazed windows or
sliding doors
Roof Metal roof with insulation where appropriate
External Glazing Glazing with powder coated aluminium frame
Walls between apartments Fire rated and acoustically treated wall with paint finish
Foyer entry doors Swing security doors
Door Hardware Selected quality lever handles
Lighting Down lights
Balustrade Glazed balustrade
Balconies Selected ceramic tiles
Note: The use of any item specified in this schedule is subject to availability.
The Vendor reserves the right to:
- Substitute any specified item with an item of similar finish or quality ; or
- Make any necessary changes to the specified items during the course of construction.
Market Outlook– Summary
RESIDENTIAL MARKET & ECONOMIC OUTLOOK
south brisbane & south bank
URbIS OUTLOOK 3© URbIS.COM.AU2 URbIS OUTLOOK © URbIS.COM.AU
This publication is prepared on the instruction of Anthony John Group by Urbis for a fee. This publication is not an opinion or representation by or on behalf of Anthony John Group and Anthony John Group accepts no responsibility for the content of the publication and any reliance upon it. This report does not represent financial or investment advice as the publication involves projections and assumptions that can be affected by a number of unforseen variables, any investment decision must allow for the risk that, the accuracy of the forecasts may be affected by incorrect assumptions or by known or unknown risks and uncertainties. It must also be remembered that past performance is not a reliable indication of future performance. The information in the publication has been prepared without taking into account your financial situation or investment objectives. You should consider the appropriateness of the information in regards to your current financial situation or needs. Neither Urbis nor Anthony John Group accepts any responsibility for the accuracy or completeness of this publication for your personal circumstances and you should take independent advice before making any decision to invest. The information is current as at the date of publication [April 2013] but subject to change without notice and Urbis andAnthony John Groupare under no obligation to contact recipients of this report to update the information or correct any assumptions or inaccuracies which may prove to be incorrect at a later date so any matter of particular interest should be checked prior to any decision to invest. This publication is subject to copyright. Except as permitted under the Copyright Act 1968, no part of it may, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) be reproduced, stored in a retrievals system or transmitted without prior permission. Enquiries should be addressed to the publisher, Urbis.
ExECUTIvE SUMMARy KEy INSIghTS SOUTh bANK
LIfESTyLE AND CULTURE MEET INNER CITy LIvINg
South Bank is an inviting and diverse lifestyle destination, positioned alongside the Brisbane River and overlooking the city skyline. Blossoming out of the World Expo 88 redevelopment that welcomed the world to Brisbane, South Bank remains a place that locals are proud to share.
Forming part of the thriving suburb of South Brisbane, South Bank has also seen significant investment in infrastructure and commercial spaces
$4.1 billion in infrastructure currently built or under construction
300,000 m2 of commercial office space
PARKLANDS
Lush parklands provide green open spaces to relax, and a packed calendar of community events means there is always something new to visit and enjoy.
ExERCISE
Run or cycle alongside the river and connect to the city via the goodwill, victoria or Kurilpa bridges.
DININg
South bank is host to recognised food and dining hotspots, including Little Stanley’s cosmopolitan strip and sophisticated River Quay fine dining.
CULTURE
Creativity flourishes within the Cultural Precinct, with Queensland’s premier arts venues hosting ever-changing exhibitions from around the world.
ENTERTAINMENT
Live music, theatrical performances and a five screen cinema offer the full spectrum of entertainment options.
fESTIvALS
South bank is the stage for the brisbane festival, so when brisbane celebrates, whether it be Australia Day or New year’s Eve, South bank is central to all the action.
SOUTh bANK KEy INSIghTS
The South bank precinct has over 10 million visitors each year, combining lush parklands and awarded urban design to create a world class Inner City sanctuary.
sales analysIs
Apartments within South brisbane have shown solid price growth over the past ten years, registering an average capital growth of 5.2 per cent since 2002. South brisbane apartments currently represent a 19 per cent premium in median sales price over apartments in the wider brisbane LgA.
rental analysIs
Apartments within South brisbane show a rental premium over Inner brisbane apartments, with one bedroom apartments demonstrating a 7 per cent premium and two bedroom apartments demonstrating a 5 per cent premium.
LIfESTyLE & AMENITy
South bank and its precincts offer dining, entertainment, cultural and lifestyle options within one kilometre of Brisbane’s CBD.
EMPLOyMENT NODES
Across the river from Queensland’s largest employment node, the brisbane CbD, South brisbane offers employment diversity and growth potential, with 135,000 new jobs forecast to 2031 within South brisbane and immediately surrounding suburbs.
ECONOMIC fUNDAMENTALS & DEMOgRAPhICShome to a young professional demographic, South brisbane has shown solid population growth to 2011, with this growth forecast to continue over the long term with an estimated 234 new dwellings required per year to 2031.
INfRASTRUCTURE & INvESTMENT
South brisbane has seen an investment of over $2.8 billion in infrastructure, with a further $2.56 billion planned for investment within the area for health, Transport and Education.
03
04
06
07
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10
08
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PAgEPAGE
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URbIS OUTLOOK 5© URbIS.COM.AU4 URbIS OUTLOOK © URbIS.COM.AU
As one of Brisbane’s most widely recognised dining precincts, Little Stanley Street hosts a diverse selection of restaurants, cafés and bars, providing residents and tenants with a wide range of culinary options on their doorstep.
• Over 20 restaurants
• Range of bars and cafés
• Eclectic boutiques featuring local and international brands
An intimate riverside park sets the scene for Brisbane’s newest dining destination, offering residents and tenants world-class fine dining with stunning city views.
• Contemporary dining experiences across five restaurants
• Landscaped riverside park
LITTLE STANLEy
RIvER QUAy
SOUTh bANK LIfESTyLE & AMENITy
SOUTh bANK LIfESTyLE & AMENITy
The Parklands at South Bank offers an expansive green oasis and active public spaces, all overlooking the Brisbane CBD skyline. This unique asset offers residents and tenants a place to exercise and unwind.
• Australia’s only beach in the middle of the city
• Promenade Walkway and bikeway
• Network of green spaces connected by the Arbour
• Lifestyle Market hosted weekly on Stanley Street
• Open-air Piazza venue for live performances
• Wheel of brisbane as a modern day landmark
• CityCat and ferry Terminals
ThE PARKLANDSThe Grey Street boulevard connects South Bank to the Cultural Centre, offering the best of both worlds. This diverse intersection showcases a blend of entertainment, education and employment, as well as easy connectivity to the city and beyond.
• Cinema complex with five-screens and casual dining precinct
• Modern corporate offices generating local employment opportunities
• Queensland Conservatorium staging regular music performances
• Two Train Stations and Two busway Stations
gREy STREET
As the leading arts precinct of Queensland, the Cultural Centre gives residents and tenants unsurpassed cultural amenity and direct access to the premier arts and performances spaces in Brisbane.
• Queensland Performing Arts Centre (QPAC)
• gallery of Modern Art (gOMA)
• Queensland Art gallery
• Queensland Museum
• State Library of Queensland
CULTURAL CENTRE
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300,000 square metres of commercial office space within South Brisbane
South brisbane has grown into a major white collar employment node and a new home for key employers, benefiting from its proximity to Queensland’s largest employment node, the brisbane CbD. This has seen the development of cutting-edge commercial buildings, centred around the precincts of grey and Melbourne Streets.
SouTh BRiSBAnE46,000 persons by 2031 = 24,000 new jobs
BRiSBAnE CBD
222,000 persons by 2031 = 91,000 new jobs
WooLLoonGABBA
35,000 persons by 2031 = 20,000 new jobs
South brisbane & Immediately Surrounding Precincts
303,000 persons by 2031 = 135,000 new jobs
fORECAST EMPLOyMENT
investment in infrastructure in South Brisbane is strong, with projects recently completed or under construction totalling $4.1 billion. A further infrastructure investment of $1.2 billion is planned for the near future.
gO bETWEEN bRIDgE
The newly completed go between bridge, with a construction cost of $338 million, is the most recent of the six connections between South brisbane and the CbD. These six bridges include the pedestrian goodwill and Kurilpa bridges, the Merivale bridge for rail links, and the multi-modal victoria bridge connecting directly to Queen Street.
QUEENSLAND ChILDREN’S hOSPITAL
Opening in late 2014, the new Queensland Children’s hospital is a $1.2 billion project that will provide specialist paediatric care for children. Including 359 beds across 12 levels, the hospital will greatly increase the health offering of South brisbane, as well as generate significant new jobs in the health sector.
EDUCATION
South brisbane is home to quality schools such as brisbane State high School, St Laurence’s College and Somerville house. Tertiary services are also present within the suburb, with the Southbank Institute of Technology; whilst the Queensland University of Technology is a short walk, and the University of Queensland a pleasant Citycat ride away.
EMPLOyMENT NODES
EMPLOyMENT NODES
INfRASTRUCTURE & INvESTMENT
thIess Engineering
GrIffIth UnIversIty & soUthBank InstItUte of teChnoloGy Education
Mater hospItal health
aUstralIan BroaDCastInG CoMpany (aBC) Media
stoCklanD Property
qUeenslanD perforManCe arts Centre (qpaC) Creative industries
DIvERSITy Of EMPLOyMENT KEy EMPLOyERS & INDUSTRIES
$1,483
$100
$608
$555
$325
$1,285
$426
$2.84b $2.56b
$617
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
Recently Completed Commenced or Planned
INFR
AST
RU
CTU
RE
INVE
STM
ENT
�$ M
ILLI
ON�
INFRASTRUCTURE TIMING STATUS
SOURCE: SOUTH EAST QUEENSLAND INFRASTRUCTURE PLAN AND PROGRAM, URBIS
MIXED USEHEALTHEDUCATIONTRANSPORTCULTURAL
SOUTh bRISbANE INfRASTRUCTURE
ToTA
L
Source: NIeIr 2011, urBIS
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ECONOMIC fUNDAMENTALS & DEMOgRAPhICS
ECONOMIC fUNDAMENTALS & DEMOgRAPhICS
DWELLING TYPE
BRISBANE$114B � 9%
BRISBANE$114B � 9%
REST OF QUEENSLAND$102B � 8%
REST OF QUEENSLAND$102B � 8%
REST OF SOUTH EAST QUEENSLAND$39B � 3%
REST OF SOUTH EAST QUEENSLAND$39B � 3%
PROP
ORTI
ON O
F D
WEL
LIN
G
Increasing Empty Nester Households
0%
10%
20%
30%
40%
50%
60%
70%
80%
Separate house Semi-detached, row or terrace house, townhouse etc
Flat, unit orapartment
HAMILTON CATCHMENT 2006HAMILTON CATCHMENT 2011BRISBANE LGA 2011
Strong growth in Baby Boomer and Generation Y demographic could be attributed to Hamilton’s higher proportion of density dwellings
REST OF AUSTRALIA$1,029B � 80%
REST OF AUSTRALIA
$1,029B � 80%
Brisbane is rapidly emerging as a diverse and energised global city, with an economy valued at $114 billion in 2012.
▶ The brisbane Economy will reach $217 billion by 2031,
a 90% increase from today▶ Queensland Economic growth is set to
outperform australia until at least 2018-19
Projected Population Growth (Medium Series)
Average Annual Population Growth
brisbane’s economy
brisbane’s population
south brisbane’s population
Today, Brisbane is a leading destination for business and investment, major events and international education, rapidly emerging as Australia’s new world city.
In 2031, Brisbane will be regarded as a top ten lifestyle city and global hub for resource and related service industry businesses, with strong business and cultural links with Asia.
brisbane’s employment
50%growth in
jobs 6.8% 2006-2011
5.6% 2011-2031
$75kincome per cap
bRISbANE SOUTh-EAST QUEENSLAND
QUEENSLAND
2011 (Actual)2031 (Projected)
every Year to 2031
▶ 40,000 new residents ▶ 14,800 new dwellings needed
every Year to 2031
▶ 534 new residents ▶ 254 new dwellings needed
3.1M4.4M 4.3M 6.6M
2.1M 2.9M
age profile
37% of residents aged between 20 to 34
only 9.2% aged 14 and under
job profile
53.5% are professionals or managers
85% are White collar employees
a young professional Demographic
PREPARED BY: URBIS SOURCE : ABS CENSUS DATA 2011
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
Neg or nil
$1 -$199
$200 -$299
$300 - $399
$400 -$599
$600 -$799
$800 -$999
$1,000 - $1,249
$1,250 - $1,499
$1,500 - $1,999
$2000 or more
PROP
ORTI
ON O
F R
ESID
ENTS
�%�
INCOME BRACKET
29% EARNING OVER $1,500 PER WEEK
SOUTH BRISBANEBRISBANE
Top industries are ‘Professional Services’ &‘Health’
AgE DISTRIbUTION
income profile
15% Earn $2,000+ per week
26% increase in
median personal income since 2006
DemanD for Density
66.3% of residents are renters
85% of dwellings are apartments
a high income Demographic
Demographic that seeks Lifestyle Amenity & employment Proximity
TOTAL PERSONAL INCOME / WEEK
SOUTh bRISbANE POPULATION
PREPARED BY: URBIS SOURCE : ABS CENSUS DATA 2011
SOUTH BRISBANEBRISBANESOUTH BRISBANEBRISBANE37% AGED 20 TO 34
0%
2%
4%
6%
8%
10%
12%
14%
16%
0 to
4
5 to
9
10 to
14
15 to
19
20 to
24
25 to
29
30 to
34
35 to
39
40 to
44
45 to
49
50 to
54
55 to
59
60 to
64
65 to
69
70 to
74
75 to
79
80 to
84
85 +
PROP
ORTI
ON O
F PO
PULA
TION
�%�
AGE DISTRIBUTION
PREPARED BY: URBIS SOURCE : ABS ESTIMATED RESIDENT POPULATION 2011, OESR PROJECTED POPULATION (MEDIUM SERIES) 2011
4,427 5,755 6,371
10,270
14,173
16,967
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
PROJECTED 534 NEW RESIDENTS PER ANNUM
2006
20
07
2008
20
09
2010
20
11
2012
20
13
2014
20
15
2016
20
17
2018
20
19
2020
20
21
2022
20
23
2024
20
25
2026
20
27
2028
20
29
2030
20
31
PERIOD �ANNUAL�
NU
MB
ER O
F R
ESID
ENTS
south bank resiDents are…
38% are aged
40-54
More
Mature
Mor
e Wealthy
Mos
tly Couples without kids
40% of household
incomes over $120,000
45% of households
soUth BrIsBane
soUth Bank
BrIsBane
1million
1.5million
JObS IN 2031JObS IN 2012
Source: BrISBANe mArkeTINg
Source: oeSr, urBIS Source: oeSr, urBIS
Source: oeSr, urBIS
Source: ABS ceNSuS DATA 2011
Source:SouTH BANk corPorATIoN
Source: BrISBANe mArkeTINg
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RENTAL ANALySIS
SOUTh bRISbANE RENTAL PREMIUM
SALES ANALySIS
$200
$300
$400
$500
$600
$700
$800
$900
$1,000
$1,100
$1,200
ONE BEDROOM TWO BEDROOM THREE BEDROOM
RTA SOUTH BRISBANE CATCHMENTNEW PRODUCT - ON THE MARKET RENTALS
SOURCE: AGENT ADVICE, REALESTATE.COM.AU, RTA DEC 2012; PREPARED BY URBISNOTE: ALL NEW PRODUCT IS UNFURNISHED
48%RENTAL PREMIUM
21%RENTAL PREMIUM
42%RENTAL PREMIUM
SOUTh bRISbANE RENTAL PREMIUM - NEW PRODUCT vS. ExISTINg
The tightly held South Bank market creates a window of opportunity for investors
High demand in South Brisbane is driving rental growth and a rental premium
The median sale price for apartments within the Brisbane Local Government Area (LGA) was recorded at $390,500 over the preliminary December half year 2012, based on 1,131 settled transactions.
In general, 2012 was an interesting period for the brisbane LgA apartment market with stabilised dwelling prices in the midst of international and domestic economic uncertainty. for many, property represented security as a long term investment, with the ten years ending December 2012 returning an average capital appreciation rate of 8.5% per annum.
The Urbis brisbane Apartment Insights developer surveys indicate that investors are returning to the brisbane residential property market, realising that now presents an opportunity to capitalise on discounted dwelling prices and strong rental returns. The return of investors into the brisbane residential market is expected to result in a record volume of new sales transactions into the first half of 2013, with a particular focus on regions that demonstrate robust economic fundamentals.
bRISbANE APARTMENT MARKET
The median sale price for apartments in South Brisbane over the preliminary December half year 2012 was recorded at $465,000, based on 71 apartment settlements.
Apartments in South brisbane have shown steady price growth, with capital appreciation averaging 5.2% per annum over the last ten years. This sales cycle also includes all South bank apartments and represents a 19 per cent premium over the wider brisbane LgA median sales price of $390,500.
A focus on the South bank precinct sub-market highlights a residential market that is tightly held, with minimal transaction activity over the past ten years. This precinct includes all residential apartments between grey Street and the South bank Parklands, as well as those bordered by vulture Street and the brisbane River to the east of the precinct. Transaction activity within the South bank precinct makes up just 14 per cent of all South brisbane transaction, totalling just 20 sales over the 12 months ending December 2012. This sub-market is expected to remain tightly held into the future, with only one development site remaining in the South bank precinct meaning a limited opportunity to enter this market exists.
SOUTh bRISbANE APARTMENT MARKET
NUMBER OF SALESMEDIAN SALE PRICE
PREPARED BY URBaIS SOURCE: RPDATA *DECEMBER 2012 IS PRELININARY DATA
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
0
500
1,000
1,500
2,000
2,500
3,000
3,500
2000
DEC
2001
JU
N
2001
DEC
2002
JU
N
2002
DEC
2003
JU
N
2003
DEC
2004
JU
N
2004
DEC
2005
JU
N
2005
DEC
2006
JU
N
2006
DEC
2007
JU
N
2007
DEC
2008
JU
N
2008
DEC
2009
JU
N
2009
DEC
2010
JU
N
2010
DEC
2011
JU
N
2011
DEC
2012
JU
N
2012
DEC
MED
IAN
SA
LE P
RIC
E
NU
MB
ER O
F SA
LES
HALF YEAR PERIOD
NUMBER OF SALES
MEDIAN SALE PRICE - BRISBANE LGAMEDIAN SALE PRICE - SOUTH BRISBANE
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
0
20
40
60
80
100
120
140
160
180
2000
DEC
2001
JU
N20
01 D
EC20
02 J
UN
2002
DEC
2003
JU
N20
03 D
EC20
04 J
UN
2004
DEC
2005
JU
N20
05 D
EC20
06 J
UN
2006
DEC
2007
JU
N20
07 D
EC20
08 J
UN
2008
DEC
2009
JU
N20
09 D
EC20
10 J
UN
2010
DEC
2011
JU
N20
11 D
EC20
12 J
UN
2012
DEC
MED
IAN
SA
LE P
RIC
E
NU
MB
ER O
F SA
LES
HALF YEAR PERIOD
PREPARED BY URBIS SOURCE: RPDATA *DECEMBER 2012 IS PRELININARY DATA
$465,000
$390,500
bRISbANE LgA APARTMENT SALES CyCLE SOUTh bRISbANE APARTMENT SALES CyCLE
With South Brisbane combining a mixture of high amenity and proximity to employment nodes, demand for dwellings within the precinct is understandably high.
A relatively limited dwelling supply, constrained by available land, should continue to see healthy competition for rental dwellings within South brisbane, driving strong rental growth and rental premiums over comparable suburbs.
The New Product vs. Existing Product graph highlights the premium new product within the South brisbane Catchment has over the total existing stock (Residential Tenancy Authority data). New product, with data collated from agents’ advice and via on-the-market rentals, are currently indicating premiums of between 21 per cent (two bedroom product) and 48 per cent (one bedroom product) over the total existing stock.
The South brisbane Catchment (including the suburbs of South brisbane, West End and highgate hill) is currently seeing one bedroom apartments renting for an average of $473 per week, 8 to 21 per cent greater than comparable apartments within fortitude valley/bowen hills and hamilton. Two bedroom apartments see a similar trend, renting for an average of $605 per week, 5 to 12 per cent greater than comparable apartments within fortitude valley/bowen hills and hamilton, whilst three bedroom apartments within the South brisbane Catchment are renting for an average of $1,059 per week, 9 per cent greater than comparable apartments within hamilton.
soUth BrIsBane CatChMent 1
Inner BrIsBane 2
Inner BrIsBane 2
$473
$440
7%
$605
$578
5%
$1,059
$973
9%
SOUTh bRISbANE ON-ThE-MARKET RENTAL PREMIUM
SOUTh bRISbANE WEEKLy RENTAL PREMIUM
1. SOUTh bRISbANE CATChMENT INCLUDES WEST END AND hIghgATE hILL 2. INNER bRISbANE INCLUDES 17 SUbURbS WIThIN AN APPROxIMATE 5KM RADIUS Of ThE bRISbANE CbD NOTE: ThIS SAMPLE Of ON ThE MARKET RENTS WAS CALCULATED USINg COMPARAbLE PROPOERTIES. PROPERTIES WERE ASSESSED bASED ON ThEIR SIzE, vIEWS, ASPECT AND AMENITIES SOURCE : REALESTATE.COM.AU; URbIS RENTALS DATAbASE; URbIS; RTA DEC 2012
1
Single Use Development
Criteria � Medium scale developments � Single Use (Residential) � Limited product range � Dependence on surrounding amenity � Dependence on surrounding infrastructure
Urban Multiple Use Development
Criteria � Medium/large scale developments � Multiple Use (Residential, Retail, Commercial) � Diverse product range � Provision of basic amenity � Provides basic support for surrounding infrastructure � Possesses elements of Urban Design � Possesses elements of walkability & connectivity � Generally a catalyst for growth in the precinct
Large Scale Multiple Use Development
Criteria � Large scale developments � Multiple Use (Residential, Retail, Commercial) � Highly diverse product range � High amenity provision � Aligns with surrounding infrastructure � Enables elements of traditional neighbourhoods � High levels of Urban Design � High levels of walkability & connectivity � A Region changing catalyst for growth � Site control limits fragmentation and increases development vision � Provides critical mass to a precinct linked to Principles of Master
Planned Communities
The pioneer
$ higher
$ Lower
CapiTaL inveSTMenT
Greater Capital investment Can inCrease the potential to outperform the surroundinG area for:
� Median price Growth � Capital Value Growth � Rental Growth
Th
e inDiviDUaL
The enTire paCkage
The positive impact of Master planned residential Developments
What is structural uplift?The positive impact a Master Planned Community can have on: � Desirability of a precinct, � Lifestyle quality of its residents � Capital values of its own and surrounding property
Urbis has undertaken research to investigate the impact that master planned mixed use developments may have on residents, communities, and residential property markets. This has involved an analysis of completed master planned mixed use developments and their measurable impact on demographics, capital values and community uplift.Broadly, the impacts of Structural Uplift can be split into three groups, each dependent on the scale of the development, the number of integrated uses and the capital investment required for development.
Structural uplift
a Study of Structural uplift and MaSter planned reSidential developMentS
This study has been prepared for the sole use of Anthony John Group Pty Ltd and is not to be relied upon by any third party for the purposes of financial investment without specific approval. As the publication involves projections and assumptions it can be affected by a number of unforeseen variables. The forecasts and assumptions are a prediction and whilst Urbis has made every effect to ensure that the forecasts and assumptions are based on reasonable information, they may be affected by incorrect assumptions or by know or unknown risks and uncertainties.This publication is subject to copyright. Except as permitted under the Copyright Act 1968, no part of it may, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) be reproduced, stored in a retrievals system or transmitted without prior written permission. Enquires should be addressed to the publishers.
2
Completed in early 2005, the Emporium development by Anthony John Group is now one of Brisbane’s most popular dining, retail and lifestyle centres. The development incorporated 232 apartments alongside a boutique luxury hotel and a varied selection of cafes, restaurants and top quality fashion retailers.
Urbis believes The Emporium development is a prime example of an Urban Mixed Use development, and has detailed key areas of sales performance and capital values below, as well as highlighting how The Emporium has satisfied the criteria for Urban Mixed Use development in the table above right.
the emporium - solid returns and a catalyst for regeneration In analysing The Emporium transactions and resales, the average capital growth of apartments has been compiled in the below table. The initial two years demonstrated the highest levels of annual growth, with an average holding period of approximately 4 years.
The Apartment Sales Cycle above identifies the median apartment price on an annual basis within Fortitude Valley (not including The Emporium sales), and The Emporium. The graph identifies the settlements of The Emporium apartments in 2002, as well as overlaying a number of key historic milestones both in the development of The Emporium as well as within the surrounding precinct.
The Sales Cycle provides elements of how The Emporium has created structural uplift within Fortitude Valley. The chart identifies the median apartment price differentiation between The Emporium and Fortitude Valley, at an average price gap of 13 per cent per annum to the end of 2012. The median price differentiation between The Emporium and Fortitude Valley is partly due to the
range of apartment product transacting within the precinct, as well as the amenity provided within the development.
The precinct immediately surrounding The Emporium has undergone a significant change of face since 2002, in part due to the residential population and retailing power The Emporium holds.
By qualifying for a number of key Structural Uplift criteria, the Emporium development has been classified as a Pioneer project. Since 2002, approximately 40,000m2 of retail space and 100,000m2 of commercial space has been delivered in the surrounding precinct, with significant commercial and residential development now under construction or approved. The precinct is now a significant employment base and an attractive alternative to CBD employment.
Regardless of the size of the development being undertaken, being a first mover in many brownfield or infill precincts carries with it a substantial element of risk. Whilst the risks are high for the developers, when developments are planned around the criteria of Structural Uplift, the rewards are equally high, with many of these developments transforming precincts, redefining regions, and improving the quality and way in which residents live their lives – a winning scenario for the end user.
CriTeria oF UrBan MiXeD USe DeveLopMenTS
Medium / Large Scale Developments
� Seven residential towers totalling 232 apartments � 4 commercial buildings
Multiple Use Developments � A mix of retail, commercial, and dwellings
Diverse product range
� A range of apartment types and sizes ranging from 1 to 3 bedroom and dispersed in precincts
provision of Basic amenity
� A large mix of retail of all types, as well as community facilities all within the bounds of the development
Supports surrounding infrastructure
� Pedestrian-friendly design that encourages a greater use of bicycles and walking as daily transportation, as well as proximity to bus connection to the CBD
elements of Urban Design and Connectivity
� Pedestrian friendly street design and public realm makes walking pleasurable
� Most things within a 10-minute walk of home and work
a Catalyst for growth
� Was the first residential development within the precinct, and an instigator of retail and commercial growth (section 3.4)
Quality of Life � Taken together these add up to a high quality of life
well worth living, and create places that enrich, uplift, and inspire the human spirit
rate of growth per annum:
1 Year 2 Years 5 Years 10 Years
9.27% 10.97% 6.37% 5.1%
Apartment Sales Cycle - Time SeriesEMPORIUM AND FORTITUDE VALLEY 1993-2012
AVERAGE EMPORIUM PREMIUM 13%
433000
360000
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000 19
93
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
MED
IAN
PR
ICE
�$�
PERIOD �YEAR�
EMPORIUM � MEDIAN SALES PRICE
FORTITUDE VALLEY � MEDIAN SALES PRICE �EXCLUDING EMPORIUM�
Emporium Official Launch
Start of Fortitude Valley Urban Renewal
PREPARED BY URBIS SOURCE: RPDATA
EMPORIUM COMMERCIAL 2
COMPLETION
EMPORIUM HOTEL COMPLETION
EMPORIUMSELL OUT
HQ COMMERCIALCOMPLETION
EMPORIUM RESIDENTIAL CONSTRUCTION COMPLETE
EMPORIUM COMMERCIAL 1 COMPLETION
EMPORIUM RETAIL FULLY LEASED
Apartment Sales Cycle - Time SeriesEMPORIUM AND FORTITUDE VALLEY 1993-2012
the eMporiuM
a pioneering Development
a Study of Structural uplift and MaSter planned reSidential developMentS
Rental – Report
Southpoint Residential Apartments Rental appraisal report – South Core
Prepared for Anthony John Group By Broad Property Research & Advisory Pty Ltd ABN 86 563 894 018
September 2013
Broad Property Research & Advisory Pty Ltd ABN 86 563 894 018 Unit 12, 65-69 Macgregor Terrace, Bardon Qld 4065 Postal Address: PO Box 883, Samford Qld 4520
i: www.broadresearch.com.au m: 0419 028 065 e: [email protected]
. Executive summary Southpoint is an iconic mixed-use development featuring residential apartments, commercial offices, a luxury boutique hotel, and retail and dining activities being undertaken by the award-winning Anthony John Group, creators of the Emporium.
Located on Grey Street in the heart of Brisbane’s premier destination precinct, South Bank, the first stage of Southpoint will be a stunning 21-level building comprising three separate cores: North Core – a mix of one-, two- and three-bedroom apartments plus a four-bedroom
penthouse; Centre Core – South Bank’s first luxury Emporium Hotel; South Core – a mix of one-, two- and three-bedroom apartments.
The majority of the 221 residential apartments in Southpoint have river and/or city views. The product mix has been designed for owner-occupiers and also offers high-quality product for investors.
In a first for Brisbane, residents of the apartments will have access to the luxury boutique Emporium hotel services including concierge, room service, hotel pool, gym and day spa on a user-pays basis.
The first apartments to be released to the market will be the 130 one-, two- and three-bedroom apartments located in the South Core. The table below details our forecast rents for the South Core apartments in Southpoint on both a furnished and unfurnished basis:
Current expected weekly rents – Southpoint Residential Apartments (South Core) Configuration Aspect Weekly rent -
unfurnished Weekly rent -
fully furnished 1-bedroom, no car Mt Coot-tha $470 - $510 $570 - $610 1-bedroom, 1 car River/City $500 - $585 $605 - $690 2-bedroom, 1 car Mt Coot-tha $635 - $675 $735 - $775 2-bedroom, 1 car River/City $665 - $750 $765 - $850 3-bedroom, 2 car River/City n/a $2,000 - $2,200
Broad Property Research & Advisory Pty Ltd, September 2013. Rental estimates are based on floor plans and apartment sizes as provided by Anthony John Group. Subsequent variations in apartment configurations may affect achievable rents. Actual rents for individual apartments will depend upon height above ground, views, aspect, and number of car parks. These rents should be achievable with an experienced on-site manager and once the project has been operational for 6-9 months.
Note that these rental estimates are in today’s (2013) dollars. Given that the project will not be completed until 2016 it is reasonable to expect rents will increase by around the long- term trend of 5% per annum between now and completion.
Southpoint Residential A par tments , South Brisbane. Rental Appraisal report - S out h Core ( Sept 2013) 1
. Project details Southpoint is an iconic mixed-use development featuring residential apartments, commercial offices, a luxury boutique hotel, and retail and dining activities being undertaken by the award-winning Anthony John Group, creators of the Emporium.
Located on Grey Street in the heart of Brisbane’s premier destination precinct, South Bank, the first stage of Southpoint will be a stunning 21-level building comprising three separate cores: North Core – a mix of one-, two- and three-bedroom apartments plus a four-bedroom
penthouse; Centre Core – South Bank’s first luxury Emporium Hotel; South Core – a mix of one-, two- and three-bedroom apartments.
All up, the Southpoint Residential Apartments will comprise: 30 one-bedroom apartments (without a car park); 52 one-bedroom apartments (with one car park); 91 two-bedroom apartments (with one car park); 17 two-bedroom apartments (with two car parks); 21 three-bedroom apartments (with two car parks); 9 three-bedroom apartments (with three car parks); A four-bedroom penthouse.
The majority of the 221 residential apartments in Southpoint have river and/or city views. The product mix has been designed for owner-occupiers and also offers high-quality product for investors.
In a first for Brisbane, residents of the Southpoint Residential Apartments will have access to the a luxury boutique Emporium hotel services including concierge, room service, hotel pool, gym and day spa.
The Southpoint Residential Apartments are located adjacent to the South Bank Railway Station (travel time into Brisbane’s Central Station is just ten minutes) as well as the South Bank Busway. Travel time by rail to Brisbane International Airport is just 30 minutes. Connectivity to Brisbane’s CBD is enhanced by the nearby Goodwill Pedestrian Bridge, and pedestrian and vehicular access can also be gained via the nearby Victoria Bridge.
The location Its location just one kilometre from Brisbane’s CBD and the many lifestyle features of South Bank make South Brisbane a very desirable place in which to live. South Brisbane is best known as home of South Bank, the former World Expo 88 site. The South Bank precinct, extending along a one kilometre stretch on the Brisbane River opposite Brisbane’s CBD, is a world-class lifestyle destination connecting the community to a vibrant commercial, educational, cultural and convention experience in a unique sub- tropical parkland setting with walking/bike tracks, picnic areas and playgrounds.
Southp oint Resident ial A par tments , South Brisbane – Renta l A pprais al repor t - South Core (Sept 2013) 2
. With an estimated 10 million visitors annually, South Bank is Brisbane’s premier restaurant and entertainment precinct.
Residents of South Brisbane are also conveniently situated close to: Many eateries, entertainment and shopping offered in Grey Street, Melbourne
Street, Little Stanley Street and cosmopolitan West End; Major employment generators including the SW1 Business Precinct; corporate
headquarters of firms such as Ausenco, Origin Energy, Roche Mining, Sinclair Knight Merz and Thiess; and the light industrial precinct bordering West End. Over 10,000 people work in South Brisbane;
The nearby Mater Hospital is currently undergoing a $1.5 billion expansion to become Brisbane’s major Childrens’ Hospital (due for completion in 2014);
Major education facilities including South Bank Institute of Technology, Griffith University, Brisbane State High School, St Laurence’s College, and Somerville House High School. These institutions have students enrolled from 80 countries;
Brisbane’s CBD via rail (two stops), bus, CityCat and ferry connections and pedestrian bridges (the City Glider bus service links South Brisbane/West End to Newstead with regular (5-15 minute) services through Fortitude Valley and the CBD);
The Queensland Performing Arts Centre, the Gallery of Modern Art, Queensland Museum and State Library; and
The Brisbane Convention and Exhibition Centre. In addition to its excellent locational advantages, the Southpoint Residential Apartments have a number of features that should attract strong market demand as well as delivering premium rents: Anthony John Group is a developer of quality projects; The site is the best (and possibly the last) major development opportunity in the
South Bank precinct; As a consequence, the area is well-established with all the amenity that residents
would want; River/city views are north/east facing not south or west like in some other riverside
suburbs; Apartments start on level 6 so most have good views; The premium apartments have wide frontages; Strong rental demand in the local area; Top-end buyers will want to be associated with the project and more modest
investors will be attracted to the opportunity of buying into a prestige project; Residents have the ability to utilise the extensive range of hotel services.
Southpoint Resident ia l A par tments , South Br i s bane - Rental Apprais al repor t - South Core (Sept 2013) 3
. Vacancy rates Vacancy rates are extremely tight across Inner Brisbane at present, at just 2.1%. A rental vacancy rate of 4% or less suggests a market is undersupplied with rental product. South Brisbane’s tight vacancy rate is at least partly due to the fact that over the past year its rate of population growth (3.4%) has been almost double the Inner Brisbane average of 1.8%.
With almost two-thirds (65%) of households in South Brisbane renting, tight vacancy rates have put significant upward pressure on rents. According to Australian Property Monitors, gross rental yields in South Brisbane are currently averaging an impressive 6.7% per annum.
Rental appraisal Anthony John Group has commissioned Broad Property Research & Advisory Pty Ltd (BPRA) to undertake a rental appraisal for the Southpoint Residential Apartments. BPRA is an independent property research firm specializing in providing strategic advice and problem-solving for residential projects as well as undertaking pertinent research across the residential property sector. BPRA offers a broad range of research services for the residential property sector including population and demographic analysis, competitor analysis, pricing guidance and rental appraisals.
The first apartments to be released to the market will be the 130 one-, two- and three-bedroom apartments located in the South Core.
The table below details our forecast rents for the South Core apartments in Southpoint on both a furnished and unfurnished basis:
Current expected weekly rents – Southpoint Residential Apartments (South Core) Configuration Aspect Weekly rent -
unfurnished Weekly rent -
fully furnished 1-bedroom, no car Mt Coot-tha $470 - $510 $570 - $610 1-bedroom, 1 car City $500 - $585 $605 - $690 2-bedroom, 1 car Mt Coot-tha $635 - $675 $735 - $775 2-bedroom, 1 car River/City $665 - $750 $765 - $850 3-bedroom, 2 car River/City n/a $2,000 - $2,200
Broad Property Research & Advisory Pty Ltd, September 2013. Rental estimates are based on floor plans and apartment sizes as provided by Anthony John Group. Subsequent variations in apartment configurations may affect achievable rents. Actual rents for individual apartments will depend upon height above ground, views, aspect, and number of car parks. These rents should be achievable with an experienced on-site manager and once the project has been operational for 6-9 months.
Note that these rental estimates are in today’s (2013) dollars. Given that the project will not be completed until 2016 it is reasonable to expect rents will increase by around the long- term trend of 5% per annum between now and completion. See appendix 1 (attached) for our suggested rents for all 130 apartments in the South Core of Southpoint.
Southp oint Resi dent i a l A par tments , South B r i s bane - Rental Appraisal repor t - South Core (Sept 2013) 4
.
Assuming the apartments are rented for 50 weeks per annum, in most cases our forecasts for the one- and two-bedroom apartments deliver average gross rental yields in excess of 5.0% on an unfurnished basis, which is excellent in the current investment climate. Higher yields can be achieved with furnished product. Supporting evidence To provide guidance in our rental estimates, BPRA has undertaken an extensive analysis of rents currently being achieved in a number of new and near-new apartment complexes across inner Brisbane. Our survey of over 50 projects has ascertained the following:
Comparison of rents – furnished and unfurnished apartments – Inner Brisbane Product type Average rent -
unfurnished Average rent -
furnished Premium for
furnished product 1-bedroom (no car) $370 p.w. $470 p.w. $100 p.w. 1-bedroom (with car) $435 p.w. $540 p.w. $105 p.w. 2-bedroom (with car) $570 p.w. $685 p.w. $115 p.w. Broad Property Research & Advisory Pty Ltd, September 2013. Information has been obtained direct from property managers and/or project websites. These research findings show that the rent premiums for fully-furnished apartments in Inner Brisbane are on average: $100 per week more for one-bedroom apartments without a car park; $105 per week more for one-bedroom apartments with a car park; $115 per week more for two-bedroom/two-bathroom apartments.
Note however for our rental appraisal for the Southpoint Residential Apartments we have generally adopted a price premium for furnished apartments of $100 to $105 per week. As additional supporting evidence for our rental appraisal for the Southpoint Residential Apartments we have examined the rents currently being achieved in a number of local projects. Details of these projects are contained in appendix 2 (attached). Given the unique offering that is Southpoint, however - namely the ability for residents to utilise the services of the luxury boutique Emporium hotel - no projects currently exist that can be considered directly comparable to the Southpoint Residential Apartments. Disclaimer Whilst the information contained in this report has been carefully compiled, no warranty or promise as to its correctness is made or intended. Interested parties should undertake independent inquiries and investigations to satisfy themselves that any details herein are true and correct. The recommendations contained in this report assume that Australia’s economic conditions remain favourable and any future interest rate increases are modest. Severe and/or prolonged downturns in the economies of China or the USA, or significant international events such as war, pandemics or terrorist attacks, may have a detrimental impact on Australia’s economy and the performance of its residential property market. No forecasts are being made by Broad Property Research & Advisory Pty Ltd about possible capital gains. Past information about capital gains or price and rental growth does not imply such gains or growth will be made in the future. We do not accept any responsibility or liability for any loss or damage arising out of reliance on the information in this document. The document is copyright. No part may be reproduced by any process without prior written permission from us. Southpoint Resident ial Apartments , South Brisbane - Rental Appraisal repor t - South Core ( Sept 2 013) 5
1
VIEW River / City River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S2001 S2002 S2003 S2004 S2005 S2006 S2007 S2008 S2009
APARTMENT TYPE S01 S02 S03 S04 S05 S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 79 81 72 72 51 53External sqm 2 2 12 12 11 11 12 0 0
Carparks 1 1 1 1 1 1 1 0 0
20Weekly rent (unfurnished) $570 $585 $750 $750 $750 $675 $675 $510 $510
Weekly rent (furnished) $675 $690 $850 $850 $850 $775 $775 $610 $610
VIEW River / City River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S1901 S1902 S1903 S1904 S1905 S1906 S1907 S1908 S1909
APARTMENT TYPE S01 S02 S03 S04 S05 S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 79 81 72 72 51 53External sqm 2 2 12 12 11 11 12 0 0
Carparks 1 1 1 1 1 1 1 0 0
19Weekly rent (unfurnished) $565 $580 $750 $750 $750 $670 $670 $505 $510
Weekly rent (furnished) $670 $685 $850 $850 $850 $770 $770 $605 $610
VIEW River / City River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S1801 S1802 S1803 S1804 S1805 S1806 S1807 S1808 S1809
APARTMENT TYPE S01 S02 S03 S04 S05 S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 79 81 72 72 51 53External sqm 2 2 12 12 11 11 12 0 0
Carparks 1 1 1 1 1 1 1 0 0
18Weekly rent (unfurnished) $560 $575 $745 $745 $745 $665 $665 $500 $505
Weekly rent (furnished) $665 $680 $845 $845 $845 $765 $765 $600 $605
VIEW River / City River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S1701 S1702 S1703 S1704 S1705 S1706 S1707 S1708 S1709
APARTMENT TYPE S01 S02 S03 S04 S05 S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 79 81 72 72 51 53External sqm 2 2 12 12 11 11 12 0 0
Carparks 1 1 1 1 1 1 1 0 0
17Weekly rent (unfurnished) $555 $570 $745 $745 $745 $660 $660 $495 $500
Weekly rent (furnished) $660 $675 $845 $845 $845 $770 $770 $595 $600
VIEW River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S1601 S1602 S1603 S1604 S1606 S1607 S1608 S1609
APARTMENT TYPE S01 S02 S03 S04A S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 3 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 159 72 72 51 53External sqm 2 2 12 25 11 12 0 0
Carparks 1 1 1 2 1 1 0 0
16Weekly rent (unfurnished) $550 $565 $740 n/a $655 $655 $495 $500
Weekly rent (furnished) $655 $670 $840 $2,200 $765 $765 $595 $600
VIEW River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S1501 S1502 S1503 S1504 S1506 S1507 S1508 S1509
APARTMENT TYPE S01 S02 S03 S04A S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 3 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 159 72 72 51 53External sqm 2 2 12 25 11 12 0 0
Carparks 1 1 1 2 1 1 0 0
15Weekly rent (unfurnished) $545 $560 $735 n/a $650 $650 $490 $495
Weekly rent (furnished) $650 $665 $835 $2,150 $750 $750 $590 $595
VIEW River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S1401 S1402 S1403 S1404 S1406 S1407 S1408 S1409
APARTMENT TYPE S01 S02 S03 S04A S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 3 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 159 72 72 51 53External sqm 2 2 12 25 11 12 0 0
Carparks 1 1 1 2 1 1 0 0
14Weekly rent (unfurnished) $540 $555 $730 n/a $645 $645 $490 $495
Weekly rent (furnished) $645 $660 $830 $2,100 $745 $745 $590 $595
VIEW River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S1301 S1302 S1303 S1304 S1306 S1307 S1308 S1309
APARTMENT TYPE S01 S02 S03 S04A S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 3 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 159 72 72 51 53External sqm 2 2 12 25 11 12 0 0
Carparks 1 1 1 2 1 1 0 0
13Weekly rent (unfurnished) $535 $550 $725 n/a $640 $640 $485 $490
Weekly rent (furnished) $640 $655 $825 $2,050 $740 $740 $585 $590
VIEW River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S1201 S1202 S1203 S1204 S1206 S1207 S1208 S1209
APARTMENT TYPE S01 S02 S03 S04A S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 3 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 159 72 72 51 53External sqm 2 2 12 25 11 12 0 0
Carparks 1 1 1 2 1 1 0 0
12Weekly rent (unfurnished) $530 $545 $720 n/a $635 $635 $485 $490
Weekly rent (furnished) $635 $650 $820 $2,000 $735 $735 $585 $590
VIEW River / City River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S1101 S1102 S1103 S1104 S1105 S1106 S1107 S1108 S1109
APARTMENT TYPE S01 S02 S03 S04 S05 S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 79 81 72 72 51 53External sqm 2 2 12 12 11 11 12 0 0
Carparks 1 1 1 1 1 1 1 0 0
11Weekly rent (unfurnished) $525 $540 $715 $715 $715 $630 $630 $480 $485
Weekly rent (furnished) $630 $645 $815 $815 $815 $730 $730 $580 $585
VIEW River / City River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S1001 S1002 S1003 S1004 S1005 S1006 S1007 S1008 S1009
APARTMENT TYPE S01 S02 S03 S04 S05 S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 79 81 72 72 51 53External sqm 2 2 12 12 11 11 12 0 0
Carparks 1 1 1 1 1 1 1 0 0
10Weekly rent (unfurnished) $520 $535 $710 $710 $710 $625 $625 $480 $485
Weekly rent (furnished) $625 $640 $810 $810 $810 $725 $725 $580 $585
VIEW River / City River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S901 S902 S903 S904 S905 S906 S907 S908 S909
APARTMENT TYPE S01 S02 S03 S04 S05 S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 79 81 72 72 51 53External sqm 2 2 12 12 11 11 12 0 0
Carparks 1 1 1 1 1 1 1 0 0
9Weekly rent (unfurnished) $515 $530 $705 $705 $705 $620 $620 $475 $480
Weekly rent (furnished) $620 $635 $805 $805 $805 $720 $720 $575 $580
VIEW River / City River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S801 S802 S803 S804 S805 S806 S807 S808 S809
APARTMENT TYPE S01 S02 S03 S04 S05 S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 79 81 72 72 51 53External sqm 2 2 12 12 11 11 12 0 0
Carparks 1 1 1 1 1 1 1 0 0
8Weekly rent (unfurnished) $510 $525 $675 $675 $675 $615 $615 $475 $480
Weekly rent (furnished) $615 $630 $775 $775 $775 $715 $715 $575 $580
VIEW River / City River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S701 S702 S703 S704 S705 S706 S707 S708 S709
APARTMENT TYPE S01 S02 S03 S04 S05 S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 79 81 72 72 51 53External sqm 2 2 12 12 11 11 12 0 0
Carparks 1 1 1 1 1 1 1 0 0
7Weekly rent (unfurnished) $505 $520 $670 $670 $670 $610 $610 $470 $475
Weekly rent (furnished) $610 $625 $770 $770 $770 $710 $710 $570 $575
VIEW River / City River / City River / City River / City River / City Mt Coot-Tha Mt Coot-Tha Mt Coot-Tha Mt Coot-ThaAPARTMENT No. S601 S602 S603 S604 S605 S606 S607 S608 S609
APARTMENT TYPE S01 S02 S03 S04 S05 S06 S07 S08 S091 Bed, 1 Bath 1 Bed, 1 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 2 Bed, 2 Bath 1 Bed, 1 Bath 1 Bed, 1 Bath
Internal sqm 52 57 79 79 81 72 72 51 53External sqm 2 2 12 12 11 15 23 5 6
Carparks 1 1 1 1 1 1 1 0 0
6Weekly rent (unfurnished) $500 $510 $665 $665 $665 $635 $645 $470 $475
Weekly rent (furnished) $605 $615 $765 $765 $765 $735 $745 $570 $575
Broad Property Research & Advisory Pty Ltd, September 2013. Based on apartment sizes and floor plans as advised by Anthony John Group. Subsequent variations in apartment configurations may affect achievable rents. Areas subject to final survey.Actual rents for individual apartments will depend upon height above ground, views, aspect, and number of car parks. GREEN 3 Bed, 2 Bath, 2 Car (5)These rents should be achievable with an experienced on-site manager and once the project has been operational for 6-9 months. PURPLE
RED
ORANGE 1 Bed, 1 Bath, 1 Car (30)
LEGEND
APPENDIX 1 - SOUTHPOINT (SOUTH CORE) - RENTAL APPRAISAL
2 Bed, 2 Bath, 1 Car (65) 1 Bed, 1 Bath, 0 Car (30)
Appendix 2Comparative rental analysis - South Bank area
2-bed furnished$820 per week
3-bed furnished
$670 per week
$720 per week
$1,100 per week$750 per week$710 per week $1,550 per week$775 per week$840 per week
$3,500 per week*$1,600 per week$1,800 per week
$1,600 per week $3,000 per week$1,600 per week$1,780 per week
$750 per week$820 per week $1,590 per week$680 per week
$1,150 per week
$850 per week
$680 per week
$660 per week$750 per week $1,150 per week
Broad Property Research & Advisory Pty Ltd, September 2013. Source: Various real estate and project websites; relevant property managers.*4-bedroom/4-bathroom furnished apartment
Vine on Russell $500 per week $590 per weekWater's Edge
The Capitol Apartments $460 per weekThe Grosvenor Apartments $850 per weekUniversal Apartments $460 per week
Station 16 $485 per week $530 per weekSW1 $490 per week $570 per week $650 per weekTempo $585 per week
Skyline ApartmentsSL8 $625 per weekSoleil $750 per week
Rivers on the Park $430 per weekSaville South Bank ApartmentsSilhouette
River Place (terrace homes)RiverpointRiverview Gardens $620 per week
Pier at Waterfront371 Queen StreetRiparian Plaza
Left Bank $635 per weekMacleay TowerPark Avenuer at Southbank
Flow $690 per weekIceworksKoko $450 per week $540 per week $600 per week
Arbour on Grey $540 per week $620 per weekArtisan $485 per week $540 per weekEcco Apartments $460 per week
ProjectAdmiralty Towers
1-bed unfurnished 1-bed furnished$600 per week
2-bed unfurnished
Alexander Boutique Apartments $565 per week $620 per weekAllegro Apartments $620 per week
Southpoint Residential Apartments Rental Appraisal Report – North Core
Prepared for Anthony John Group By Broad Property Research & Advisory Pty Ltd ABN 86 563 894 018
September 2013
Broad Property Research & Advisory Pty Ltd ABN 86 563 894 018 Unit 12, 65-69 Macgregor Terrace, Bardon Qld 4065 Postal Address: PO Box 883, Samford Qld 4520
i: www.broadresearch.com.au m: 0419 028 065 e: [email protected]
. Executive summary Southpoint is an iconic mixed-use development featuring residential apartments, commercial offices, a luxury boutique hotel, and retail and dining activities being undertaken by the award-winning Anthony John Group, creators of the Emporium. Located on Grey Street in the heart of Brisbane’s premier destination precinct, South Bank, the first stage of Southpoint will be a stunning 21-level building comprising three separate cores: North Core – a mix of one-, two- and three-bedroom apartments plus a four-
bedroom penthouse; Centre Core – South Bank’s first luxury Emporium Hotel; South Core – a mix of one-, two- and three-bedroom apartments.
The majority of the 221 residential apartments in Southpoint have river and/or city views. The product mix has been designed for owner-occupiers and also offers high-quality product for investors. In a first for Brisbane, residents of the apartments will have access to the luxury boutique Emporium hotel services including concierge, room service, hotel pool, gym and day spa on a user-pays basis.
Following the successful launch of the 130 one-, two- and three-bedroom apartments located in the South Core, the Anthony John Group has now released the 91 apartments in the North Core. The North Core apartments comprise a mix of one-, two- and three-bedroom apartments in a variety of sizes and with a large range of floor plans, plus a four-bedroom penthouse. The table below details our forecast rents for the North Core apartments in Southpoint on both a furnished and unfurnished basis:
Current expected weekly rents – Southpoint Residential Apartments (North Core) Configuration Aspect Weekly rent -
unfurnished Weekly rent -
fully furnished 1-bedroom, no car Mt Coot-tha $470 - $490 $575 - $595 1-bedroom, 1 car Mt Coot-tha $520 - $555 $625 - $660 2-bedroom, 1 car Mt Coot-tha $610 - $645 $710 - $745 2-bedroom, 1 car Tribune St/Mt Coot-tha $630 - $655 $730 - $755 2-bedroom, 1 car Tribune Street $625 - $700 $725 - $800 2-bedroom, 2 car Mt Coot-tha $800 - $900 $900 - $1,000 2-bedroom, 2 car City $875 - $1,050 $975 - $1,150 3-bedroom, 2 car* City n/a $1,750 - $2,000 3-bedroom, 2 car^ City/Tribune Street n/a $2,250 - $2,900 3-bedroom, 3 car^^ City/Tribune Street n/a $3,000 - $3,500
Broad Property Research & Advisory Pty Ltd, September 2013. Rental estimates are based on floor plans and apartment sizes as provided by Anthony John Group. Subsequent variations in apartment configurations may affect achievable rents. Actual rents for individual apartments will depend upon height above ground, views, aspect, and number of car parks. These rents should be achievable with an experienced on-site manager and once the project has been operational for 6-9 months. *Levels 6-9. **Level 10. ^Levels 11-16. ^^Levels 17-20.
Note that these rental estimates are in today’s (2013) dollars. Given that the project will not be completed until 2016 it is reasonable to expect rents will increase by around the long- term trend of 5% per annum between now and completion.
Southp oi nt Resident ia l A par tments , S outh B r i s b ane - Rental Appraisal Repor t - N or th Core ( Sept 2 013) 1
. Project details Southpoint is an iconic mixed-use development featuring residential apartments, commercial offices, a luxury boutique hotel, and retail and dining activities being undertaken by the award-winning Anthony John Group, creators of the Emporium.
Located on Grey Street in the heart of Brisbane’s premier destination precinct, South Bank, the first stage of Southpoint will be a stunning 21-level building comprising three separate cores: North Core – a mix of one-, two- and three-bedroom apartments plus a four-
bedroom penthouse; Centre Core – South Bank’s first luxury Emporium Hotel; South Core – a mix of one-, two- and three-bedroom apartments.
All up, the Southpoint Residential Apartments will comprise: 30 one-bedroom apartments (without a car park); 52 one-bedroom apartments (with one car park); 91 two-bedroom apartments (with one car park); 17 two-bedroom apartments (with two car parks); 21 three-bedroom apartments (with two car parks); 9 three-bedroom apartments (with three car parks); A four-bedroom penthouse.
The majority of the 221 residential apartments in Southpoint have river and/or city views. The product mix has been designed for owner-occupiers and also offers high-quality product for investors. In a first for Brisbane, residents of the Southpoint Residential Apartments will have access to the luxury boutique Emporium hotel services including concierge, room service, hotel pool, gym and day spa.
The Southpoint Residential Apartments are located adjacent to the South Bank Railway Station (travel time into Brisbane’s Central Station is just ten minutes) as well as the South Bank Busway. Travel time by rail to Brisbane International Airport is just 30 minutes. Connectivity to Brisbane’s CBD is enhanced by the nearby Goodwill Pedestrian Bridge, and pedestrian and vehicular access can also be gained via the nearby Victoria Bridge.
The location Its location just one kilometre from Brisbane’s CBD and the many lifestyle features of South Bank make South Brisbane a very desirable place in which to live.
South Brisbane is best known as home of South Bank, the former World Expo 88 site. The South Bank precinct, extending along a one kilometre stretch on the Brisbane River opposite Brisbane’s CBD, is a world-class lifestyle destination connecting the community to a vibrant commercial, educational, cultural and convention experience in a unique sub- tropical parkland setting with walking/bike tracks, picnic areas and playgrounds.
S outhp oi nt R esidential A partments , S outh B r i s bane - Rental A pprais al Report - N or th Core ( Sept 2 013) 2
. With an estimated 10 million visitors annually, South Bank is Brisbane’s premier restaurant and entertainment precinct. Residents of South Brisbane are also conveniently situated close to: Many eateries, entertainment and shopping offered in Grey Street, Melbourne
Street, Little Stanley Street and cosmopolitan West End; Major employment generators including the SW1 Business Precinct; corporate
headquarters of firms such as Ausenco, Origin Energy, Roche Mining, Sinclair Knight Merz and Thiess; and the light industrial precinct bordering West End. Over 10,000 people work in South Brisbane;
The nearby Mater Hospital is currently undergoing a $1.5 billion expansion to become Brisbane’s major Childrens’ Hospital (due for completion in 2014);
Major education facilities including South Bank Institute of Technology, Griffith University, Brisbane State High School, St Laurence’s College, and Somerville House High School. These institutions have students enrolled from 80 countries;
Brisbane’s CBD via rail (two stops), bus, CityCat and ferry connections and pedestrian bridges (the City Glider bus service links South Brisbane/West End to Newstead with regular (5-15 minute) services through Fortitude Valley and the CBD);
The Queensland Performing Arts Centre, the Gallery of Modern Art, Queensland Museum and State Library; and
The Brisbane Convention and Exhibition Centre. In addition to its excellent locational advantages, the Southpoint Residential Apartments have a number of features that should attract strong market demand as well as delivering premium rents: Anthony John Group is a developer of quality projects; The site is the best (and possibly the last) major development opportunity in the
South Bank precinct; As a consequence, the area is well-established with all the amenity that residents
would want; River/city views are north/east facing not south or west like in some other riverside
suburbs; Apartments start on level 6 so most have good views; The premium apartments have wide frontages; Strong rental demand in the local area; Top-end buyers will want to be associated with the project and more modest
investors will be attracted to the opportunity of buying into a prestige project; Residents have the ability to utilise the extensive range of hotel services on a user-
pays basis.
Southp oint R esi dentia l A par tments, South B r i s bane - Rental Apprais al Repor t - Nor th Core ( Sept 2 013) 3
. Vacancy rates Vacancy rates are extremely tight across Inner Brisbane at present, at just 2.1%. A rental vacancy rate of 4% or less suggests a market is undersupplied with rental product. South Brisbane’s tight vacancy rate is at least partly due to the fact that over the past year its rate of population growth (3.4%) has been almost double the Inner Brisbane average of 1.8%.
With almost two-thirds (65%) of households in South Brisbane renting, tight vacancy rates have put significant upward pressure on rents. According to Australian Property Monitors, gross rental yields in South Brisbane are currently averaging an impressive 6.6% per annum.
Rental appraisal Anthony John Group has commissioned Broad Property Research & Advisory Pty Ltd (BPRA) to undertake a rental appraisal for the Southpoint Residential Apartments. BPRA is an independent property research firm specializing in providing strategic advice and problem-solving for residential projects as well as undertaking pertinent research across the residential property sector. BPRA offers a broad range of research services for the residential property sector including population and demographic analysis, competitor analysis, pricing guidance and rental appraisals.
Following the successful launch of the 130 one-, two- and three-bedroom apartments located in the South Core, the Anthony John Group has now released the 91 apartments in the North Core. The North Core apartments comprise a mix of one-, two- and three-bedroom apartments in a variety of sizes and with a large range of floor plans, plus a four-bedroom penthouse.
The table below details our forecast rents for the North Core apartments in Southpoint on both a furnished and unfurnished basis:
Current expected weekly rents – Southpoint Residential Apartments (North Core) Configuration Aspect Weekly rent -
unfurnished Weekly rent -
fully furnished 1-bedroom, no car Mt Coot-tha $470 - $490 $575 - $595 1-bedroom, 1 car Mt Coot-tha $520 - $555 $625 - $660 2-bedroom, 1 car Mt Coot-tha $610 - $645 $710 - $745 2-bedroom, 1 car Tribune St/Mt Coot-tha $630 - $655 $730 - $755 2-bedroom, 1 car Tribune Street $625 - $700 $725 - $800 2-bedroom, 2 car Mt Coot-tha $800 - $900 $900 - $1,000 2-bedroom, 2 car City $875 - $1,050 $975 - $1,150 3-bedroom, 2 car* City n/a $1,750 - $2,000 3-bedroom, 2 car^ City/Tribune Street n/a $2,250 - $2,900 3-bedroom, 3 car^^ City/Tribune Street n/a $3,000 - $3,500
Broad Property Research & Advisory Pty Ltd, September 2013. Rental estimates are based on floor plans and apartment sizes as provided by Anthony John Group. Subsequent variations in apartment configurations may affect achievable rents. Actual rents for individual apartments will depend upon height above ground, views, aspect, and number of car parks. These rents should be achievable with an experienced on-site manager and once the project has been operational for 6-9 months. *Levels 6-9. **Level 10. ^Levels 11-16. ^^Levels 17-20.
Southpoint Resident ial A par tments , S outh B ris bane - Rental Appraisal Report - Nor th Cor e ( Sept 2 013) 4
.
Note that these rental estimates are in today’s (2013) dollars. Given that the project will not be completed until 2016 it is reasonable to expect rents will increase by around the long- term trend of 5% per annum between now and completion. See appendix 1 (attached) for our suggested rents for all 91 apartments in the North Core of Southpoint. Assuming the apartments are rented for 50 weeks per annum, in most cases our forecasts for the one- and two-bedroom apartments deliver average gross rental yields in excess of 5.0% on an unfurnished basis, which is excellent in the current investment climate. Higher yields can be achieved with furnished product.
Supporting evidence To provide guidance in our rental estimates, BPRA has undertaken an extensive analysis of rents currently being achieved in a number of new and near-new apartment complexes across inner Brisbane. Our survey of over 50 projects has ascertained the following:
Comparison of rents – furnished and unfurnished apartments – Inner Brisbane Product type Average rent -
unfurnished Average rent -
furnished Premium for
furnished product 1-bedroom (no car) $370 p.w. $470 p.w. $100 p.w. 1-bedroom (with car) $435 p.w. $540 p.w. $105 p.w. 2-bedroom (with car) $570 p.w. $685 p.w. $115 p.w. Broad Property Research & Advisory Pty Ltd, September 2013. Information has been obtained direct from property managers and/or project websites.
These research findings show that the rent premiums for fully-furnished apartments in Inner Brisbane are on average: $100 per week more for one-bedroom apartments without a car park; $105 per week more for one-bedroom apartments with a car park; $115 per week more for two-bedroom/two-bathroom apartments.
Note however for our rental appraisal for the Southpoint Residential Apartments we have generally adopted a price premium for furnished apartments of $100 to $105 per week. As additional supporting evidence for our rental appraisal for the Southpoint Residential Apartments we have examined the rents currently being achieved in a number of local projects. Details of these projects are contained in appendix 2 (attached). Given the unique offering that is Southpoint, however - namely the ability for residents to utilise the services of the luxury boutique Emporium hotel - no projects currently exist that can be considered directly comparable to the Southpoint Residential Apartments. Disclaimer Whilst the information contained in this report has been carefully compiled, no warranty or promise as to its correctness is made or intended. Interested parties should undertake independent inquiries and investigations to satisfy themselves that any details herein are true and correct. The recommendations contained in this report assume that Australia’s economic conditions remain favourable and any future interest rate increases are modest. Severe and/or prolonged downturns in the economies of China or the USA, or significant international events such as war, pandemics or terrorist attacks, may have a detrimental impact on Australia’s economy and the performance of its residential property market. Past information about capital gains or price and rental growth does not imply such gains or growth will be made in the future. We do not accept any responsibility or liability for any loss or damage arising out of reliance on the information in this document. The document is copyright. No part may be reproduced by any process without prior written permission from us. Southpoint Resident ial Apartments , South Brisbane - Rental Appraisal Report - North Core ( Sept 2 013) 5
1
APPENDIX 1 - BPRA RENTAL APPRAISAL
ASPECTUNIT No.
Gross Area
Carparks
Weekly rent (furnished)21
ASPECT Tribune - City Tribune - City Mt Coot Tha Mt Coot ThaUNIT No. N2001 N2002 N2003 N2004
3 bed, 3 bath 3 bed, 3 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 288 247 102 92Carparks 3 3 2 2
Weekly rent (unfurnished) n/a n/a $900 $850Weekly rent (furnished) $3,500 $3,250 $1,000 $950
20
ASPECT Tribune - City Tribune - City Mt Coot Tha Mt Coot ThaUNIT No. N1901 N1902 N1903 N1904
3 bed, 3 bath 3 bed, 3 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 288 247 102 92Carparks 3 3 2T 2T
Weekly rent (unfurnished) n/a n/a $880 $830Weekly rent (furnished) $3,250 $3,000 $980 $930
19
ASPECT Tribune - City Tribune - City Mt Coot Tha Mt Coot ThaUNIT No. N1801 N1802 N1803 N1804
3 bed, 3 bath 3 bed, 3 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 288 247 102 92Car Parks 3 3 2T 2T
Weekly rent (unfurnished) n/a n/a $865 $815Weekly rent (furnished) $3,250 $3,000 $965 $915
18
ASPECT Tribune - City Tribune - City Mt Coot Tha Mt Coot ThaUNIT No. N1701 N1702 N1703 N1704
3 bed, 3 bath 3 bed, 3 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 288 247 102 92Carparks 3 3 2T 2T
Weekly rent (unfurnished) n/a n/a $850 $800Weekly rent (furnished) $3,250 $3,000 $950 $900
17
ASPECT Tribune - City City Mt Coot Tha Mt Coot Tha Tribune - Coot Tha TribuneUNIT No. N1601 N1602 N1604 N1605 N1606 N1607
3 bed, 3 bath 3 bed, 2.5 bath 1 bed, 1 bath 1 bed, 1 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 230 188 54 51 82 90Carparks 2 2 1 1 1 1
Weekly rent (unfurnished) n/a n/a $555 $545 $655 $700Weekly rent (furnished) $2,900 $2,400 $660 $650 $755 $800
16
ASPECT Tribune - City City Mt Coot Tha Mt Coot Tha Tribune - Coot Tha TribuneUNIT No. N1501 N1502 N1504 N1505 N1506 N1507
3 bed, 3 bath 3 bed, 2.5 bath 1 bed, 1 bath 1 bed, 1 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 230 188 54 51 82 90Carparks 2 2 1 1 1 1
Weekly rent (unfurnished) n/a n/a $550 $540 $650 $695Weekly rent (furnished) $2,800 $2,300 $655 $645 $750 $795
15
ASPECT Tribune - City City Mt Coot Tha Mt Coot Tha Tribune - Coot Tha TribuneUNIT No. N1401 N1402 N1404 N1405 N1406 N1407
3 bed, 3 bath 3 bed, 2.5 bath 1 bed, 1 bath 1 bed, 1 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 230 188 54 51 82 90Carparks 2 2 1 1 1 1
Weekly rent (unfurnished) n/a n/a $545 $535 $645 $690Weekly rent (furnished) $2,700 $2,200 $650 $640 $745 $790
14
ASPECT Tribune - City City Mt Coot Tha Mt Coot Tha Tribune - Coot Tha TribuneUNIT No. N1301 N1302 N1304 N1305 N1306 N1307
3 bed, 3 bath 3 bed, 2.5 bath 1 bed, 1 bath 1 bed, 1 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 230 188 54 51 82 90Carparks 2 2 1 1 1 1
Weekly rent (unfurnished) n/a n/a $540 $530 $640 $685Weekly rent (furnished) $2,600 $2,100 $645 $635 $740 $785
13
ASPECT Tribune - City City Mt Coot Tha Mt Coot Tha Tribune - Coot Tha TribuneUNIT No. N1201 N1202 N1204 N1205 N1206 N1207
3 bed, 3 bath 3 bed, 2.5 bath 1 bed, 1 bath 1 bed, 1 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 230 188 54 51 82 90Carparks 2 2 1 1 1 1
Weekly rent (unfurnished) n/a n/a $535 $525 $635 $680Weekly rent (furnished) $2,500 $2,000 $640 $630 $735 $780
12
ASPECT Tribune - City City Mt Coot Tha Mt Coot Tha Tribune - Coot Tha TribuneUNIT No. N1101 N1102 N1104 N1105 N1106 N1107
3 bed, 3 bath 3 bed, 2.5 bath 1 bed, 1 bath 1 bed, 1 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 261 200 53 52 82 90Carparks 2 2 1 1 1 1
Weekly rent (unfurnished) n/a n/a $530 $520 $630 $675Weekly rent (furnished) $2,750 $2,250 $635 $625 $730 $775
11
ASPECT City City Mt Coot Tha Mt Coot Tha Mt Coot Tha TribuneUNIT No. N1001 N1002 N1004 N1005 N1006 N1007
3 bed, 2 bath 2 bed, 2 bath 1 bed, 1 bath 1 bed, 1 bath 2 bed, 2 bath 2 bed, 2 bathInternal sqm 285 95 53 52 72 80External sqm 65 20 0 0 10 10
Carparks 5 2T 0 0 1 1Weekly rent (unfurnished) n/a $1,050 $490 $485 $625 $670
Weekly rent (furnished) n/a $1,150 $595 $590 $725 $77010
ASPECT City City City Mt Coot Tha Mt Coot Tha Mt Coot Tha Tribune TribuneUNIT No. N901 N902 N903 N904 N905 N906 N907 N908
3 bed, 2 bath 2 bed, 2 bath 2 bed, 2 bath 1 bed, 1 bath 1 bed, 1 bath 2 bed, 2 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 161 110 104 53 52 82 90 89Carparks 2T 2T 2T 0 0 1 1 1
Weekly rent (unfurnished) n/a $1,000 $950 $485 $480 $620 $665 $650Weekly rent (furnished) $2,000 $1,100 $1,050 $590 $585 $720 $765 $750
9
ASPECT City City City Mt Coot Tha Mt Coot Tha Mt Coot Tha Tribune TribuneUNIT No. N801 N802 N803 N804 N805 N806 N807 N808
3 bed, 2 bath 2 bed, 2 bath 2 bed, 2 bath 1 bed, 1 bath 1 bed, 1 bath 2 bed, 2 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 161 110 104 53 52 82 90 89Carparks 2T 2T 2T 0 0 1 1 1
Weekly rent (unfurnished) n/a $950 $900 $480 $475 $615 $660 $645Weekly rent (furnished) $1,900 $1,050 $1,000 $585 $580 $715 $760 $745
8
ASPECT City City City Mt Coot Tha Mt Coot Tha Mt Coot Tha Tribune TribuneUNIT No. N701 N702 N703 N704 N705 N706 N707 N708
3 bed, 2 bath 2 bed, 2 bath 2 bed, 2 bath 1 bed, 1 bath 1 bed, 1 bath 2 bed, 2 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 161 110 104 53 52 82 90 89Carparks 2T 2T 2T 0 0 1 1 1
Weekly rent (unfurnished) n/a $925 $875 $475 $470 $610 $655 $640Weekly rent (furnished) $1,750 $1,025 $975 $580 $575 $710 $755 $740
7
ASPECT City City City Mt Coot Tha Mt Coot Tha Mt Coot Tha Tribune TribuneUNIT No. N601 N602 N603 N604 N605 N606 N607 N608
3 bed, 2 bath 2 bed, 2 bath 2 bed, 2 bath 1 bed, 1 bath 1 bed, 1 bath 2 bed, 2 bath 2 bed, 2 bath 2 bed, 2 bathGross Area 164 111 110 58 57 93 98 90Carparks 2T 2T 2T 0 0 1 1 1
Weekly rent (unfurnished) n/a $900 $900 $475 $470 $645 $675 $625Weekly rent (furnished) $1,750 $1,000 $1,000 $580 $575 $745 $775 $725
6
Rent appraisal undertaken by Broad Property Research & Advisory Pty Ltd, September 2013.
Based on apartment sizes and designs as provided by Anthony John Group.
Subsequent variations in apartment configurations may affect achievable rents.
Actual rents for individual apartments will depend upon height above ground, views, aspect, and number of car parks.
These rents should be achievable with an experienced on-site manager and once the project has been operational for 6-9 months.
NORTH CORE APARTMENTSCity, South Bank & Mt Coot-Tha
N21014 bed, 4 bath
6594
n/a
Appendix 2Comparative rental analysis - South Bank area
2-bed furnished$820 per week
3-bed furnished
$670 per week
$720 per week
$1,100 per week$750 per week$710 per week $1,550 per week$775 per week$840 per week
$3,500 per week*$1,600 per week$1,800 per week
$1,600 per week $3,000 per week$1,600 per week$1,780 per week
$750 per week$820 per week $1,590 per week$680 per week
$1,150 per week
$850 per week
$680 per week
$660 per week$750 per week $1,150 per week
Broad Property Research & Advisory Pty Ltd, September 2013. Source: Various real estate and project websites; relevant property managers.*4-bedroom/4-bathroom furnished apartment
Vine on Russell $500 per week $590 per weekWater's Edge
The Capitol Apartments $460 per weekThe Grosvenor Apartments $850 per weekUniversal Apartments $460 per week
Station 16 $485 per week $530 per weekSW1 $490 per week $570 per week $650 per weekTempo $585 per week
Skyline ApartmentsSL8 $625 per weekSoleil $750 per week
Rivers on the Park $430 per weekSaville South Bank ApartmentsSilhouette
River Place (terrace homes)RiverpointRiverview Gardens $620 per week
Pier at Waterfront371 Queen StreetRiparian Plaza
Left Bank $635 per weekMacleay TowerPark Avenuer at Southbank
Flow $690 per weekIceworksKoko $450 per week $540 per week $600 per week
Arbour on Grey $540 per week $620 per weekArtisan $485 per week $540 per weekEcco Apartments $460 per week
ProjectAdmiralty Towers
1-bed unfurnished 1-bed furnished$600 per week
2-bed unfurnished
Alexander Boutique Apartments $565 per week $620 per weekAllegro Apartments $620 per week
Sample Depreciation– Schedules
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
PURCHASE PRICE =
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 2,292 8,116 10,408 10,408 4,126 8,116 12,242 12,242
2 2,558 8,116 10,674 21,082 3,853 8,116 11,969 24,211
3 2,298 8,116 10,415 31,497 3,140 8,116 11,257 35,468
4 2,136 8,116 10,253 41,749 2,597 8,116 10,714 46,182
5 2,035 8,116 10,151 51,901 2,174 8,116 10,290 56,472
6 1,971 8,116 10,088 61,988 1,838 8,116 9,955 66,427
7 1,911 8,116 10,027 72,015 1,568 8,116 9,684 76,112
8 1,844 8,116 9,960 81,975 1,347 8,116 9,463 85,575
9 1,828 8,116 9,945 91,920 1,164 8,116 9,281 94,855
10 1,818 8,116 9,935 101,855 1,011 8,116 9,128 103,983
Balance 10,655 243,495 254,150 254,150 8,527 243,495 252,022 252,022
TOTAL 31,345 324,660 356,005 31,345 324,660 356,005
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
$625,000
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 1306 - 2 Bed Unit
0
5,000
10,000
15,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
20,000
40,000
60,000
80,000
100,000
120,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-001 (10917)
Date Issued: 19/06/2013
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 2,292 8,116 10,408 10,408 4,126 8,116 12,242 12,242
2 2,558 8,116 10,674 21,082 3,853 8,116 11,969 24,211
3 2,298 8,116 10,415 31,497 3,140 8,116 11,257 35,468
4 2,136 8,116 10,253 41,749 2,597 8,116 10,714 46,182
5 2,035 8,116 10,151 51,901 2,174 8,116 10,290 56,472
6 1,971 8,116 10,088 61,988 1,838 8,116 9,955 66,427
7 1,911 8,116 10,027 72,015 1,568 8,116 9,684 76,112
8 1,844 8,116 9,960 81,975 1,347 8,116 9,463 85,575
9 1,828 8,116 9,945 91,920 1,164 8,116 9,281 94,855
10 1,818 8,116 9,935 101,855 1,011 8,116 9,128 103,983
Balance 10,655 243,495 254,150 254,150 8,527 243,495 252,022 252,022
TOTAL 31,345 324,660 356,005 31,345 324,660 356,005
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 1306 - 2 Bed Unit
0
5,000
10,000
15,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
20,000
40,000
60,000
80,000
100,000
120,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-001 (10917)
Date Issued: 19/06/2013
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
PURCHASE PRICE =
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 2,292 8,116 10,408 10,408 4,126 8,116 12,242 12,242
2 2,558 8,116 10,674 21,082 3,853 8,116 11,969 24,211
3 2,298 8,116 10,415 31,497 3,140 8,116 11,257 35,468
4 2,136 8,116 10,253 41,749 2,597 8,116 10,714 46,182
5 2,035 8,116 10,151 51,901 2,174 8,116 10,290 56,472
6 1,971 8,116 10,088 61,988 1,838 8,116 9,955 66,427
7 1,911 8,116 10,027 72,015 1,568 8,116 9,684 76,112
8 1,844 8,116 9,960 81,975 1,347 8,116 9,463 85,575
9 1,828 8,116 9,945 91,920 1,164 8,116 9,281 94,855
10 1,818 8,116 9,935 101,855 1,011 8,116 9,128 103,983
Balance 10,655 243,495 254,150 254,150 8,527 243,495 252,022 252,022
TOTAL 31,345 324,660 356,005 31,345 324,660 356,005
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
$625,000
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 1307 - 2 Bed Unit
0
5,000
10,000
15,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
20,000
40,000
60,000
80,000
100,000
120,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-001 (10917)
Date Issued: 19/06/2013
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 2,292 8,116 10,408 10,408 4,126 8,116 12,242 12,242
2 2,558 8,116 10,674 21,082 3,853 8,116 11,969 24,211
3 2,298 8,116 10,415 31,497 3,140 8,116 11,257 35,468
4 2,136 8,116 10,253 41,749 2,597 8,116 10,714 46,182
5 2,035 8,116 10,151 51,901 2,174 8,116 10,290 56,472
6 1,971 8,116 10,088 61,988 1,838 8,116 9,955 66,427
7 1,911 8,116 10,027 72,015 1,568 8,116 9,684 76,112
8 1,844 8,116 9,960 81,975 1,347 8,116 9,463 85,575
9 1,828 8,116 9,945 91,920 1,164 8,116 9,281 94,855
10 1,818 8,116 9,935 101,855 1,011 8,116 9,128 103,983
Balance 10,655 243,495 254,150 254,150 8,527 243,495 252,022 252,022
TOTAL 31,345 324,660 356,005 31,345 324,660 356,005
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 1307 - 2 Bed Unit
0
5,000
10,000
15,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
20,000
40,000
60,000
80,000
100,000
120,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-001 (10917)
Date Issued: 19/06/2013
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
PURCHASE PRICE =
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 1,925 5,539 7,464 7,464 3,435 5,539 8,974 8,974
2 2,165 5,539 7,704 15,168 3,234 5,539 8,773 17,747
3 1,931 5,539 7,470 22,639 2,628 5,539 8,167 25,915
4 1,784 5,539 7,324 29,962 2,169 5,539 7,708 33,623
5 1,693 5,539 7,232 37,194 1,813 5,539 7,352 40,975
6 1,635 5,539 7,175 44,369 1,532 5,539 7,071 48,047
7 1,580 5,539 7,119 51,488 1,306 5,539 6,846 54,893
8 1,517 5,539 7,057 58,545 1,122 5,539 6,662 61,554
9 1,504 5,539 7,043 65,588 971 5,539 6,510 68,064
10 1,495 5,539 7,034 72,622 844 5,539 6,383 74,447
Balance 9,026 166,181 175,207 175,207 7,200 166,181 173,381 173,381
TOTAL 26,254 221,575 247,829 26,254 221,575 247,829
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
$415,000
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 1308 - 1 Bed Unit
0
2,000
4,000
6,000
8,000
10,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
20,000
40,000
60,000
80,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-001 (10917)
Date Issued: 19/06/2013
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 1,925 5,539 7,464 7,464 3,435 5,539 8,974 8,974
2 2,165 5,539 7,704 15,168 3,234 5,539 8,773 17,747
3 1,931 5,539 7,470 22,639 2,628 5,539 8,167 25,915
4 1,784 5,539 7,324 29,962 2,169 5,539 7,708 33,623
5 1,693 5,539 7,232 37,194 1,813 5,539 7,352 40,975
6 1,635 5,539 7,175 44,369 1,532 5,539 7,071 48,047
7 1,580 5,539 7,119 51,488 1,306 5,539 6,846 54,893
8 1,517 5,539 7,057 58,545 1,122 5,539 6,662 61,554
9 1,504 5,539 7,043 65,588 971 5,539 6,510 68,064
10 1,495 5,539 7,034 72,622 844 5,539 6,383 74,447
Balance 9,026 166,181 175,207 175,207 7,200 166,181 173,381 173,381
TOTAL 26,254 221,575 247,829 26,254 221,575 247,829
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 1308 - 1 Bed Unit
0
2,000
4,000
6,000
8,000
10,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
20,000
40,000
60,000
80,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-001 (10917)
Date Issued: 19/06/2013
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
PURCHASE PRICE =
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 1,951 5,710 7,660 7,660 3,483 5,710 9,192 9,192
2 2,193 5,710 7,903 15,563 3,276 5,710 8,986 18,178
3 1,957 5,710 7,666 23,229 2,663 5,710 8,372 26,551
4 1,809 5,710 7,518 30,747 2,197 5,710 7,907 34,457
5 1,716 5,710 7,426 38,173 1,836 5,710 7,546 42,003
6 1,659 5,710 7,368 45,542 1,552 5,710 7,261 49,264
7 1,603 5,710 7,312 52,854 1,323 5,710 7,032 56,296
8 1,540 5,710 7,249 60,103 1,136 5,710 6,846 63,142
9 1,526 5,710 7,235 67,338 982 5,710 6,692 69,834
10 1,517 5,710 7,226 74,564 854 5,710 6,563 76,397
Balance 9,107 171,285 180,392 180,392 7,274 171,285 178,560 178,560
TOTAL 26,576 228,381 254,956 26,576 228,381 254,956
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
$430,000
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 1309 - 1 Bed Unit
0
2,000
4,000
6,000
8,000
10,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
20,000
40,000
60,000
80,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-001 (10917)
Date Issued: 19/06/2013
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 1,951 5,710 7,660 7,660 3,483 5,710 9,192 9,192
2 2,193 5,710 7,903 15,563 3,276 5,710 8,986 18,178
3 1,957 5,710 7,666 23,229 2,663 5,710 8,372 26,551
4 1,809 5,710 7,518 30,747 2,197 5,710 7,907 34,457
5 1,716 5,710 7,426 38,173 1,836 5,710 7,546 42,003
6 1,659 5,710 7,368 45,542 1,552 5,710 7,261 49,264
7 1,603 5,710 7,312 52,854 1,323 5,710 7,032 56,296
8 1,540 5,710 7,249 60,103 1,136 5,710 6,846 63,142
9 1,526 5,710 7,235 67,338 982 5,710 6,692 69,834
10 1,517 5,710 7,226 74,564 854 5,710 6,563 76,397
Balance 9,107 171,285 180,392 180,392 7,274 171,285 178,560 178,560
TOTAL 26,576 228,381 254,956 26,576 228,381 254,956
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 1309 - 1 Bed Unit
0
2,000
4,000
6,000
8,000
10,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
20,000
40,000
60,000
80,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-001 (10917)
Date Issued: 19/06/2013
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
PURCHASE PRICE =
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 6,530 19,621 26,151 26,151 11,799 19,621 31,420 31,420
2 7,280 19,621 26,901 53,051 10,976 19,621 30,597 62,017
3 6,548 19,621 26,169 79,221 8,931 19,621 28,552 90,569
4 6,091 19,621 25,712 104,933 7,375 19,621 26,996 117,565
5 5,805 19,621 25,426 130,360 6,167 19,621 25,788 143,353
6 5,627 19,621 25,248 155,607 5,213 19,621 24,834 168,187
7 5,475 19,621 25,096 180,704 4,446 19,621 24,067 192,254
8 5,326 19,621 24,947 205,651 3,822 19,621 23,443 215,697
9 5,282 19,621 24,903 230,554 3,307 19,621 22,928 238,625
10 5,255 19,621 24,876 255,431 2,879 19,621 22,500 261,125
Balance 31,147 588,631 619,778 619,778 25,453 588,631 614,084 614,084
TOTAL 90,367 784,841 875,209 90,367 784,841 875,209
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
$3,250,000
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 1902 - 3 Bed Unit
0
10,000
20,000
30,000
40,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
50,000
100,000
150,000
200,000
250,000
300,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-002 (10917) - North Tower
Date Issued: 4/10/2013
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 6,530 19,621 26,151 26,151 11,799 19,621 31,420 31,420
2 7,280 19,621 26,901 53,051 10,976 19,621 30,597 62,017
3 6,548 19,621 26,169 79,221 8,931 19,621 28,552 90,569
4 6,091 19,621 25,712 104,933 7,375 19,621 26,996 117,565
5 5,805 19,621 25,426 130,360 6,167 19,621 25,788 143,353
6 5,627 19,621 25,248 155,607 5,213 19,621 24,834 168,187
7 5,475 19,621 25,096 180,704 4,446 19,621 24,067 192,254
8 5,326 19,621 24,947 205,651 3,822 19,621 23,443 215,697
9 5,282 19,621 24,903 230,554 3,307 19,621 22,928 238,625
10 5,255 19,621 24,876 255,431 2,879 19,621 22,500 261,125
Balance 31,147 588,631 619,778 619,778 25,453 588,631 614,084 614,084
TOTAL 90,367 784,841 875,209 90,367 784,841 875,209
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 1902 - 3 Bed Unit
0
10,000
20,000
30,000
40,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
50,000
100,000
150,000
200,000
250,000
300,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-002 (10917) - North Tower
Date Issued: 4/10/2013
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
PURCHASE PRICE =
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 2,329 8,081 10,409 10,409 4,165 8,081 12,245 12,245
2 2,618 8,081 10,699 21,108 3,931 8,081 12,012 24,257
3 2,336 8,081 10,416 31,524 3,208 8,081 11,289 35,545
4 2,159 8,081 10,240 41,764 2,659 8,081 10,740 46,285
5 2,049 8,081 10,130 51,894 2,234 8,081 10,314 56,600
6 1,980 8,081 10,061 61,954 1,897 8,081 9,978 66,578
7 1,918 8,081 9,998 71,953 1,626 8,081 9,707 76,284
8 1,852 8,081 9,932 81,885 1,405 8,081 9,485 85,770
9 1,835 8,081 9,915 91,800 1,222 8,081 9,302 95,072
10 1,824 8,081 9,905 101,705 1,068 8,081 9,148 104,221
Balance 12,105 242,416 254,521 254,521 9,589 242,416 252,005 252,005
TOTAL 33,005 323,221 356,226 33,005 323,221 356,226
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
$695,000
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 807 - 2 Bed Unit
0
5,000
10,000
15,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
20,000
40,000
60,000
80,000
100,000
120,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-002 (10917) - North Tower
Date Issued: 4/10/2013
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 2,329 8,081 10,409 10,409 4,165 8,081 12,245 12,245
2 2,618 8,081 10,699 21,108 3,931 8,081 12,012 24,257
3 2,336 8,081 10,416 31,524 3,208 8,081 11,289 35,545
4 2,159 8,081 10,240 41,764 2,659 8,081 10,740 46,285
5 2,049 8,081 10,130 51,894 2,234 8,081 10,314 56,600
6 1,980 8,081 10,061 61,954 1,897 8,081 9,978 66,578
7 1,918 8,081 9,998 71,953 1,626 8,081 9,707 76,284
8 1,852 8,081 9,932 81,885 1,405 8,081 9,485 85,770
9 1,835 8,081 9,915 91,800 1,222 8,081 9,302 95,072
10 1,824 8,081 9,905 101,705 1,068 8,081 9,148 104,221
Balance 12,105 242,416 254,521 254,521 9,589 242,416 252,005 252,005
TOTAL 33,005 323,221 356,226 33,005 323,221 356,226
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 807 - 2 Bed Unit
0
5,000
10,000
15,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
20,000
40,000
60,000
80,000
100,000
120,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-002 (10917) - North Tower
Date Issued: 4/10/2013
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
PURCHASE PRICE =
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 3,022 9,104 12,126 12,126 5,412 9,104 14,516 14,516
2 3,393 9,104 12,497 24,623 5,098 9,104 14,202 28,718
3 3,031 9,104 12,135 36,758 4,159 9,104 13,263 41,981
4 2,805 9,104 11,909 48,667 3,446 9,104 12,550 54,532
5 2,663 9,104 11,767 60,434 2,893 9,104 11,998 66,529
6 2,575 9,104 11,679 72,113 2,456 9,104 11,560 78,090
7 2,495 9,104 11,599 83,712 2,104 9,104 11,208 89,298
8 2,411 9,104 11,515 95,227 1,816 9,104 10,921 100,218
9 2,389 9,104 11,493 106,721 1,578 9,104 10,682 110,901
10 2,376 9,104 11,480 118,201 1,379 9,104 10,483 121,384
Balance 15,545 273,123 288,668 288,668 12,362 273,123 285,485 285,485
TOTAL 42,705 364,164 406,869 42,705 364,164 406,869
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
$975,000
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 702 - 2 Bed Unit
0
5,000
10,000
15,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-002 (10917) - North Tower
Date Issued: 4/10/2013
SOUTHPOINT, SOUTHBANK
ESTIMATE OF CAPITAL ALLOWANCES AND TAX DEPRECIATION
YEAR PRIME COST METHOD DIMINISHING VALUE METHOD
Division 40 Division 43 Total Yearly Cumulative Division 40 Division 43 Total Yearly Cumulative
First Year Allowances Allowances Capital Capital Allowances Allowances Capital Capital
Period Plant Building Allowance Allowance Plant Building Allowance Allowance
365 $ $ $ $ $ $ $ $
1 3,022 9,104 12,126 12,126 5,412 9,104 14,516 14,516
2 3,393 9,104 12,497 24,623 5,098 9,104 14,202 28,718
3 3,031 9,104 12,135 36,758 4,159 9,104 13,263 41,981
4 2,805 9,104 11,909 48,667 3,446 9,104 12,550 54,532
5 2,663 9,104 11,767 60,434 2,893 9,104 11,998 66,529
6 2,575 9,104 11,679 72,113 2,456 9,104 11,560 78,090
7 2,495 9,104 11,599 83,712 2,104 9,104 11,208 89,298
8 2,411 9,104 11,515 95,227 1,816 9,104 10,921 100,218
9 2,389 9,104 11,493 106,721 1,578 9,104 10,682 110,901
10 2,376 9,104 11,480 118,201 1,379 9,104 10,483 121,384
Balance 15,545 273,123 288,668 288,668 12,362 273,123 285,485 285,485
TOTAL 42,705 364,164 406,869 42,705 364,164 406,869
NOTES TO PROSPECTIVE PURCHASER
The above tables represent an assessment of Capital Allowances and Tax Depreciation that would normally be
available for the Purchase of this Property. The methodology statement contained in the Report preamble forms an
essential part of the entire document and must be read in conjunction with the above table.
This assessment of Capital Allowances and Tax Depreciation cannot be submitted to the ATO as a detailed Report
because it is an ESTIMATE ONLY and does not meet the ATO's criteria apropos the final settlement details and
construction cost pertinent to the individual purchase. Please contact Rider Levett Bucknall in Brisbane on (07)
3009 6933, in order to request the Final Detailed Capital Allowances and Tax Depreciation Report for submission to
the ATO.
Unit 702 - 2 Bed Unit
0
5,000
10,000
15,000
1 2 3 4 5 6 7 8 9 10
ANNUAL ENTITLEMENTS
D.V.M.
P.C.M.
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
1 2 3 4 5 6 7 8 9 10
CUMULATIVE ENTITLEMENTS D.V.M.
P.C.M.
yt-002 (10917) - North Tower
Date Issued: 4/10/2013
Body Corporate– Estimates
Caretaker's Fees *Body Corporate
Manager's Fees**
Hotel Services
Agreement Fee***
Administrative
Fund
Contribution
Sinking Fund
Contribution
(included in Admin
Fund)
(included in Admin
Fund)
(included in Admin
Fund)
1 S601 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
2 S602 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
3 S603 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
4 S604 82 $1,165.03 $313.48 $367.43 $4,208.46 $604.92 $4,813.37 $92.56
5 S605 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
6 S606 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
7 S607 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
8 S608 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
9 S609 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
10 S701 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
11 S702 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
12 S703 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
13 S704 82 $1,165.03 $313.48 $367.43 $4,208.46 $604.92 $4,813.37 $92.56
14 S705 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
15 S706 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
16 S707 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
17 S708 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
18 S709 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
19 S801 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
20 S802 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
21 S803 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
22 S804 82 $1,165.03 $313.48 $367.43 $4,208.46 $604.92 $4,813.37 $92.56
23 S805 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
24 S806 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
25 S807 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
26 S808 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
27 S809 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
28 S901 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
29 S902 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
30 S903 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
31 S904 82 $1,165.03 $313.48 $367.43 $4,208.46 $604.92 $4,813.37 $92.56
32 S905 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
33 S906 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
34 S907 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
35 S908 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
36 S909 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
37 S1001 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
38 S1002 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
39 S1003 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
40 S1004 82 $1,165.03 $313.48 $367.43 $4,208.46 $604.92 $4,813.37 $92.56
41 S1005 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
42 S1006 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
43 S1007 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
44 S1008 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
45 S1009 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
46 S1101 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
47 S1102 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
48 S1103 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
49 S1104 82 $1,165.03 $313.48 $367.43 $4,208.46 $604.92 $4,813.37 $92.56
50 S1105 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
51 S1106 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
52 S1107 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
53 S1108 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
54 S1109 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
55 S1201 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
56 S1202 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
57 S1203 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
58 S1204 105 $1,491.80 $401.41 $470.49 $5,388.88 $774.59 $6,163.47 $118.53
59 S1206 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
60 S1207 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
61 S1208 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
62 S1209 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
63 S1301 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
64 S1302 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
65 S1303 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
66 S1304 105 $1,491.80 $401.41 $470.49 $5,388.88 $774.59 $6,163.47 $118.53
67 S1306 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
68 S1307 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
69 S1308 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
Lessees forSouth Point Apartments
Schedule of Lot Entitlements and LeviesAll amounts include GST
LOT NO. Unit No. Lot Entitlement
Total
Contributions Per
Year #
Total
Contributions Per
Week
Caretaker's Fees *Body Corporate
Manager's Fees**
Hotel Services
Agreement Fee***
Administrative
Fund
Contribution
Sinking Fund
Contribution
(included in Admin
Fund)
(included in Admin
Fund)
(included in Admin
Fund)
Lessees forSouth Point Apartments
Schedule of Lot Entitlements and LeviesAll amounts include GST
LOT NO. Unit No. Lot Entitlement
Total
Contributions Per
Year #
Total
Contributions Per
Week
70 S1309 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
71 S1401 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
72 S1402 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
73 S1403 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
74 S1404 105 $1,491.80 $401.41 $470.49 $5,388.88 $774.59 $6,163.47 $118.53
75 S1406 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
76 S1407 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
77 S1408 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
78 S1409 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
79 S1501 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
80 S1502 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
81 S1503 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
82 S1504 105 $1,491.80 $401.41 $470.49 $5,388.88 $774.59 $6,163.47 $118.53
83 S1506 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
84 S1507 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
85 S1508 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
86 S1509 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
87 S1601 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
88 S1602 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
89 S1603 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
90 S1604 105 $1,491.80 $401.41 $470.49 $5,388.88 $774.59 $6,163.47 $118.53
91 S1606 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
92 S1607 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
93 S1608 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
94 S1609 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
95 S1701 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
96 S1702 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
97 S1703 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
98 S1704 82 $1,165.03 $313.48 $367.43 $4,208.46 $604.92 $4,813.37 $92.56
99 S1705 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
100 S1706 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
101 S1707 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
102 S1708 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
103 S1709 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
104 S1801 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
105 S1802 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
106 S1803 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
107 S1804 82 $1,165.03 $313.48 $367.43 $4,208.46 $604.92 $4,813.37 $92.56
108 S1805 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
109 S1806 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
110 S1807 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
111 S1808 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
112 S1809 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
113 S1901 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
114 S1902 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
115 S1903 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
116 S1904 82 $1,165.03 $313.48 $367.43 $4,208.46 $604.92 $4,813.37 $92.56
117 S1905 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
118 S1906 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
119 S1907 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
120 S1908 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
121 S1909 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
122 S2001 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
123 S2002 71 $1,008.74 $271.43 $318.14 $3,643.91 $523.77 $4,167.68 $80.15
124 S2003 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
125 S2004 82 $1,165.03 $313.48 $367.43 $4,208.46 $604.92 $4,813.37 $92.56
126 S2005 83 $1,179.23 $317.30 $371.91 $4,259.78 $612.30 $4,872.07 $93.69
127 S2006 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
128 S2007 81 $1,150.82 $309.66 $362.95 $4,157.13 $597.54 $4,754.67 $91.44
129 S2008 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
130 S2009 70 $994.54 $267.61 $313.66 $3,592.58 $516.39 $4,108.98 $79.02
TOTALS 10065 $143,000.00 $38,478.00 $45,100.00 $516,562.29 $74,250.00 $590,812.29 $11,361.77
* This fee includes the Caretaker Fee, Caretaker Disbursements and GST. It is included in the Administrative Fund Contribution levy.
** This fee includes the Secretarial Fees, Disbursements, all other fees payable to the Body Corporate Manager and GST. It is included in the Administrative Fund Contribution levy.
# The Total Contributions Per Year column is the the total amount of annual contributions (including administrative and sinking funds) reasonably expected to be payable to the body corporate by the owner of the proposed lot in a 12
month period.
*** This fee includes the Hotel Services Agreement Fee and GST. It is included in the Administrative Fund Contribution levy.
Caretaker's Fees *
Body Corporate Manager's Fees**
Hotel Services Agreement
Fee***
Administrative Fund
Contribution
Sinking Fund Contribution
(included in Admin Fund)
(included in Admin Fund)
(included in Admin Fund)
1 N601 123 $1,682.59 $336.36 $551.15 $5,808.82 $912.91 $6,721.73 $129.262 N602 106 $1,450.04 $289.87 $474.97 $5,005.98 $786.74 $5,792.71 $111.403 N603 105 $1,436.36 $287.13 $470.49 $4,958.75 $779.31 $5,738.07 $110.354 N604 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.635 N605 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.636 N606 102 $1,395.32 $278.93 $457.05 $4,817.07 $757.05 $5,574.12 $107.197 N607 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.308 N608 103 $1,409.00 $281.66 $461.53 $4,864.30 $764.47 $5,628.77 $108.259 N701 123 $1,682.59 $336.36 $551.15 $5,808.82 $912.91 $6,721.73 $129.2610 N702 106 $1,450.04 $289.87 $474.97 $5,005.98 $786.74 $5,792.71 $111.4011 N703 105 $1,436.36 $287.13 $470.49 $4,958.75 $779.31 $5,738.07 $110.3512 N704 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6313 N705 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6314 N706 102 $1,395.32 $278.93 $457.05 $4,817.07 $757.05 $5,574.12 $107.1915 N707 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3016 N708 103 $1,409.00 $281.66 $461.53 $4,864.30 $764.47 $5,628.77 $108.2517 N801 123 $1,682.59 $336.36 $551.15 $5,808.82 $912.91 $6,721.73 $129.2618 N802 106 $1,450.04 $289.87 $474.97 $5,005.98 $786.74 $5,792.71 $111.4019 N803 105 $1,436.36 $287.13 $470.49 $4,958.75 $779.31 $5,738.07 $110.3520 N804 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6321 N805 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6322 N806 102 $1,395.32 $278.93 $457.05 $4,817.07 $757.05 $5,574.12 $107.1923 N807 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3024 N808 103 $1,409.00 $281.66 $461.53 $4,864.30 $764.47 $5,628.77 $108.2525 N901 123 $1,682.59 $336.36 $551.15 $5,808.82 $912.91 $6,721.73 $129.2626 N902 106 $1,450.04 $289.87 $474.97 $5,005.98 $786.74 $5,792.71 $111.4027 N903 105 $1,436.36 $287.13 $470.49 $4,958.75 $779.31 $5,738.07 $110.3528 N904 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6329 N905 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6330 N906 102 $1,395.32 $278.93 $457.05 $4,817.07 $757.05 $5,574.12 $107.1931 N907 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3032 N908 103 $1,409.00 $281.66 $461.53 $4,864.30 $764.47 $5,628.77 $108.2533 N1001 152 $2,079.30 $415.66 $681.09 $7,178.38 $1,128.15 $8,306.53 $159.7434 N1002 107 $1,463.72 $292.60 $479.45 $5,053.21 $794.16 $5,847.36 $112.4535 N1004 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6336 N1005 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6337 N1006 102 $1,395.32 $278.93 $457.05 $4,817.07 $757.05 $5,574.12 $107.1938 N1007 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3039 N1101 136 $1,860.43 $371.91 $609.40 $6,422.77 $1,009.40 $7,432.16 $142.9340 N1102 127 $1,737.31 $347.29 $569.07 $5,997.73 $942.60 $6,940.33 $133.4741 N1104 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6342 N1105 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6343 N1106 102 $1,395.32 $278.93 $457.05 $4,817.07 $757.05 $5,574.12 $107.1944 N1107 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3045 N1201 136 $1,860.43 $371.91 $609.40 $6,422.77 $1,009.40 $7,432.16 $142.9346 N1202 127 $1,737.31 $347.29 $569.07 $5,997.73 $942.60 $6,940.33 $133.4747 N1204 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6348 N1205 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6349 N1206 102 $1,395.32 $278.93 $457.05 $4,817.07 $757.05 $5,574.12 $107.1950 N1207 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3051 N1301 136 $1,860.43 $371.91 $609.40 $6,422.77 $1,009.40 $7,432.16 $142.9352 N1302 127 $1,737.31 $347.29 $569.07 $5,997.73 $942.60 $6,940.33 $133.4753 N1304 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6354 N1305 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6355 N1306 102 $1,395.32 $278.93 $457.05 $4,817.07 $757.05 $5,574.12 $107.1956 N1307 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3057 N1401 136 $1,860.43 $371.91 $609.40 $6,422.77 $1,009.40 $7,432.16 $142.9358 N1402 126 $1,723.63 $344.56 $564.59 $5,950.50 $935.18 $6,885.68 $132.4259 N1404 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6360 N1405 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6361 N1406 102 $1,395.32 $278.93 $457.05 $4,817.07 $757.05 $5,574.12 $107.1962 N1407 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3063 N1501 136 $1,860.43 $371.91 $609.40 $6,422.77 $1,009.40 $7,432.16 $142.9364 N1502 126 $1,723.63 $344.56 $564.59 $5,950.50 $935.18 $6,885.68 $132.4265 N1504 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6366 N1505 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6367 N1506 102 $1,395.32 $278.93 $457.05 $4,817.07 $757.05 $5,574.12 $107.1968 N1507 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3069 N1601 136 $1,860.43 $371.91 $609.40 $6,422.77 $1,009.40 $7,432.16 $142.9370 N1602 126 $1,723.63 $344.56 $564.59 $5,950.50 $935.18 $6,885.68 $132.4271 N1604 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6372 N1605 91 $1,244.85 $248.85 $407.76 $4,297.59 $675.40 $4,972.99 $95.6373 N1606 102 $1,395.32 $278.93 $457.05 $4,817.07 $757.05 $5,574.12 $107.19
Lessees forSouth Point Residences
Schedule of Lot Entitlements and LeviesAll amounts include GST
LOT NO. Lot EntitlementTotal
Contributions
Per Year #
Total Contributions
Per Week Unit No.
Caretaker's Fees *
Body Corporate Manager's Fees**
Hotel Services Agreement
Fee***
Administrative Fund
Contribution
Sinking Fund Contribution
(included in Admin Fund)
(included in Admin Fund)
(included in Admin Fund)
Lessees forSouth Point Residences
Schedule of Lot Entitlements and LeviesAll amounts include GST
LOT NO. Lot EntitlementTotal
Contributions
Per Year #
Total Contributions
Per Week Unit No.
74 N1607 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3075 N1701 144 $1,969.87 $393.78 $645.25 $6,800.57 $1,068.77 $7,869.35 $151.3376 N1702 137 $1,874.11 $374.64 $613.88 $6,469.99 $1,016.82 $7,486.81 $143.9877 N1703 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3078 N1704 103 $1,409.00 $281.66 $461.53 $4,864.30 $764.47 $5,628.77 $108.2579 N1801 144 $1,969.87 $393.78 $645.25 $6,800.57 $1,068.77 $7,869.35 $151.3380 N1802 137 $1,874.11 $374.64 $613.88 $6,469.99 $1,016.82 $7,486.81 $143.9881 N1803 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3082 N1804 103 $1,409.00 $281.66 $461.53 $4,864.30 $764.47 $5,628.77 $108.2583 N1901 144 $1,969.87 $393.78 $645.25 $6,800.57 $1,068.77 $7,869.35 $151.3384 N1902 137 $1,874.11 $374.64 $613.88 $6,469.99 $1,016.82 $7,486.81 $143.9885 N1903 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3086 N1904 103 $1,409.00 $281.66 $461.53 $4,864.30 $764.47 $5,628.77 $108.2587 N2001 144 $1,969.87 $393.78 $645.25 $6,800.57 $1,068.77 $7,869.35 $151.3388 N2002 137 $1,874.11 $374.64 $613.88 $6,469.99 $1,016.82 $7,486.81 $143.9889 N2003 104 $1,422.68 $284.40 $466.01 $4,911.53 $771.89 $5,683.42 $109.3090 N2004 103 $1,409.00 $281.66 $461.53 $4,864.30 $764.47 $5,628.77 $108.2591 N2101 202 $2,763.28 $552.39 $905.14 $9,539.70 $1,499.25 $11,038.95 $212.29
TOTALS 10004 $136,851.00 $27,357.00 $44,826.67 $472,451.05 $74,250.00 $546,701.05 $10,513.48
* This fee includes the Caretaker Fee, Caretaker Disbursements and GST. It is included in the Administrative Fund Contribution levy.
** This fee includes the Secretarial Fees, Disbursements, all other fees payable to the Body Corporate Manager and GST. It is included in the Administrative Fund Contribution levy.
# The Total Contributions Per Year column is the the total amount of annual contributions (including administrative and sinking funds) reasonably expected to be payable to the body corporate by the owner of the proposed lot in a 12 month period.
*** This fee includes the Hotel Services Agreement Fee and GST. It is included in the Administrative Fund Contribution levy.
Expression of– Interest
Expression of Interest
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Section 1 – Agent
Selling Agency Name
Sales Representative
Address
Phone
Mobile
ABN & Licence No
Section 2 – Property Details Proposed Lot No Apartment No
Stage Southpoint South (Apartments) Southpoint North (Residences)
Apartment Type
Type of Finish Ash Oak (select one)
Exclusive Use Areas Car Park (AJG will complete)
Storage Area (if applicable AJG will complete)
Purchase Price
Total Purchase Price $ (inclusive of GST)
Deposit Holding Deposit $
Initial Deposit $ Payable on signing of contract. If proceed to contract the holding deposit will constitute the Initial Deposit.
Balance Deposit $ Payable: 14 days from the contract date
Total Deposit $ (equivalent to 10% of the contract price)
Deposit Holder Minter Ellison Lawyers
Section 2 – Interested Party Details
Complete this part if the interested party is a company
Company Name ABN Tax File No
Address
Telephone
Mobile/Facsimile Email
Expression of Interest
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Is the Interested Party a foreign corporation?
Yes No
Director 1 (NB: Directors will be guarantors)
Director 2
Title Mr Mrs Miss Ms Dr
Mr Mrs Miss Ms Dr
Name
Telephone
Mobile/Facsimile
Address
Tax file number
Additional guarantors
Complete this part if the interested party is an individual/s
Interested Party 1 Interested Party 2
Title Mr Mrs Miss Ms Dr
Mr Mrs Miss Ms Dr
Name
Telephone
Mobile/facsimile
Address
Tax file number
Is this Interested Party a foreign person?
Yes No Yes No
Section 3 – Interested Party's solicitor (must be completed)
Firm name
Contact name
Telephone
Address
Tick this box to send contract to solicitor
Expression of Interest
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Section 4 – Special conditions/comments Reason for Purchase Home Investment
Special Conditions
Comments
The Interested party makes an expression of interest in relation to the Proposed Lot on the disclosed terms, which the Interested Party has read and understands
Signature Signature
Name Name
Dated Dated AJG Southpoint Pty Ltd as trustee for the Southpoint Trust acknowledge this expression of interest.
Signature Name Dated
Expression of Interest
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Terms of Expression of Interest 1. Expression of interest 1.1 AJG Southpoint Pty Ltd as trustee for the Southpoint Trust (AJG) intends to develop and
sell leasehold lots within the Southpoint development at Southbank (the Scheme). 1.2 It is currently intended that the Scheme will be registered and will include the Proposed Lot. 1.3 The Interested Party expresses interest in the Proposed Lot. 1.4 If:
(a) AJG decides to proceed with the Scheme and create the Proposed Lot; and (b) before offering to sell the Proposed Lot to any other person, AJG may offer to sell the Proposed Lot to the Interested Party.
1.5 AJG may decide not to proceed with construction of the Scheme in its absolute discretion. 1.6 This expression of interest does not constitute any representation, promise, warranty or
undertaking from AJG regarding any aspect of the Proposed Lot or the Scheme, including regarding the provision of a leasehold title in the Proposed Lot. The Interested Party must conduct its own enquiries and satisfy itself about the contents of any contract documents. AJG recommends the Interested Party obtain independent legal advice before making an offer to purchase the Proposed Lot.
2. Holding Deposit 2.1 The Interested Party pays to AJG, and AJG acknowledges receipt of, the Holding Deposit. 2.2 The Interested Party authorises AJG to pay the Holding Deposit to the trust account of the
Deposit Holder. 2.3 The Interested Party agrees that the Holding Deposit will not be invested in an interest-
bearing account. 2.4 If AJG does not accept an offer from the Interested Person to purchase the Proposed Lot or
either party terminates this expression of interest, AJG will cause the Holding Deposit to be promptly refunded to the Interested Party (the refund will be payable to the payer). If an offer from the Interested Party to purchase the Proposed Lot is accepted by AJG, the Holding Deposit is to be allocated towards the deposit payable under any contract and will be dealt with in the manner provided for under that contract.
3. Proposed terms 3.1 AJG will provide the Interested Party with a copy of the proposed terms of the sale contract
as soon as practicable. AJG may, at its discretion, change these terms and conditions. 3.2 There will be no binding contract to buy and sell the Proposed Lot unless the Interested
Party and AJG sign a sale contract. 4. Proposed Lot 4.1 The marketing plan provided is indicative of the currently proposed location, design and
size of the Proposed Lot. 4.2 AJG may, at its discretion, change the ultimate location, design and size of the Proposed
Lot at its discretion.
Expression of Interest
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5. End of Expression of Interest 5.1 This expression of interest is not intended to be binding (except for clause 6) and may be
withdrawn by the Interested Party providing to AJG notice in writing of the Interested Party's desire to withdraw.
5.2 This expression of interest comes to an end if AJG notifies the Interested Party that it terminates this expression of interest, which AJG may do at any time in its absolute discretion.
5.3 If this expression of interest is withdrawn by the Interested Party under clause 5.1, or terminated by AJG under clause 5.2, no party is liable to the other for any loss, damage, costs, expenses or claims.
6. Notices Any notice or communication under this expression of interest must be delivered in writing to the other party by facsimile or email, or to the recipient's address as set out in this expression of interest by registered express post, registered post or by personal delivery to that address.
7. Confidentiality 7.1 The Interested Party must keep confidential all information relating to this expression of
interest, including its existence (the Confidential Information), unless the information: (a) is rightfully known to the Interested Party, or in the Interested Party's possession or
control and not subject to an obligation of confidentiality; (b) is public knowledge (except as a result of a breach of this clause 7); or (c) the Interested Party is required by law or any securities exchange or regulatory body
to disclose. 7.2 The Interested Party acknowledges that any breach of this clause 6 will result in AJG
suffering damage. 7.3 The Interested Party acknowledges that its obligations of confidentiality under this clause 7
are continuing obligations and will survive the termination of this expression of interest. Trust Account Details Minter Ellison Trust Account ANZ Banking Group Limited Cnr Queen and Creek Streets Brisbane QLD 4000 BSB 014 002 Account 361 000 639 Reference <<Last Name>>Southpoint<<Apartment Number>>
Disclaimer
The Statements and particulars (Information) in this document are made for the purpose of promotion only. The Anthony John Group (AJG), its agents, officers, employees and contractors do not warrant or represent the accuracy, currency or completeness of the Information. Nothing in the Information is intended to give rise to legal or equitable rights or to constitute an offer capable of acceptance. The Information is provided in good faith and while care has been taken in preparing and presenting the Information , AJG, its agents, officers and contractors to the fullest extent legally possible expressly disclaim any responsibility for any lack of accuracy, currency or completeness of the Information and they will not be liable to any person for any costs or expenses incurred or any actions taken in reliance on the Information or for any form of consequential or economic loss. Readers of the Information must make their own enquiries and satisfy themselves in all respects.
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information kit