Dakabin Crossing is a place where. lifestyle, connectivity and convenience meet. A place where visions become life.

Transcription

1 Dakabin Crossing

2 Dakabin Crossing is a place where lifestyle, connectivity and convenience meet. A place where visions become life.

3 CONTENTS Development overview 4 Location 5 Dakabin regional statistics 8 Shedule of finishes 12 Floor plans 17 About the developer 24 Investment information 27 3

4 WELCOME TO DAKABIN CROSSING Alma Road, Dakabin A COMMUNITY ON THE RISE Dakabin Crossing is a unique masterplan townhouse development, consisting of two, three and four bedroom villas & terraces, with plans underway for a retail centre onsite offering a state of the art coffee shop, bakery and convenience shop on your way to the train station just 1 minute away. LIGHT FILLED LIVING, BUILT WITH CHARM Drenched in natural light, luxurious and improving liveability, maximising living space with more efficient floor plans and high-speed NBN broadband. Key Differentials: 1. Accessibility and Location 1 minute away from Dakabin train station. 1 minute away from Dakabin State High School. 2km from rapidly expanding North Lakes with major projects. 2. Large-scale infrastructure and economic investment expected to drive Dakabin s future residential market. 3. Strong employment growth is projected for the Dakabin catchment. It is one of the fastest growing urban centres in Queensland. 4. Strong Rental Market - Dakabin townhouse market is providing a sound investment platform driven by demand for new multi-unit dwelling product. 4

5 PROJECT LOCATION Located only 3 minutes from North Lakes, 30-minutes from Brisbane CBD and 20-minutes from Brisbane Airport, Dakabin Crossing is ideally located for those looking to maintain a balanced lifestyle. Moreton Bay Regional Council has completed work on the new $151 million Plantation Road project including a significant upgrade to the intersection of Alma Road and Old Gympie Road, Dakabin. 5

6 LEGEND EDUCATION (1) Dakabin State School (2) Dakabin State High School (3) North Lakes State School (4) The Lakes College (5) North Pine Christian College (6) Queensland University Of Technology (Qut) Redcliffe & Caboolture (7) Tafe Campus - Recliffe & Caboolture (8) St. Benedict s Catholic Primary School (9) Mueller College (10) Grace Lutheran College (11) Deception Bay state High SHOPPING CENTRES (12) Costco Northlakes (13) Bunnings (14) Westfield North Lakes Shopping Centre (15) Masters North Lakes (16) Hilltop Shopping Centre LEISURE (21) Lake Kurwongbah (22) North Lakes Resort Golf Club (23) Pine Rivers Golf Club (24) Lakeside Motor Racing Circuit (25) Pathways Leisure Centre And Swimming Pool HEALTH & EMPLOYMENT (26) North Lakes Medical Centre (27) Caboolture Hospital (28) Redcliffe Hospital (29) Corso North Lakes 20 Minutes To Beaches At Redcliffe 30 Minutes To Brisbane Via Bruce Highway 2016 OPENINGS Mango Hill Rail Link Westfield Shopping Centre expansion New Event 8 Screen Cinema IKEA PARKS AND FIELDS (17) William Keith Park (18) Barlow Reserve (19) Bob Brock Park (20) Dakabin Sporting Fields 6

7 A CONNECTED LIFESTYLE As a masterplan community based just 2 km from North Lakes, Dakabin Crossing is right in the heart of Brisbane Northern Health and Growth Corridor. TRANSPORT & BUSINESS 5-minute walk to train station 20-minutes to beaches at Redcliffe 30-minutes to Brisbane via Bruce Highway Serviced by regular bus networks & public transport interchange in North Lakes Town Centre $45 million civic centre and library - Corso North Lakes North Lakes Business Park IKEA / COSTCO SHOPPING, DINING & ENTERTAINMENT Minutes to Lillybrook Shopping Village and Kallangur Fair North Lakes Westfield with Myer, Over 80 specialty stores and cinema complex Australia s biggest Bunnings Warehouse, Masters, Costco and Ikea under construction Local cafés, restaurants and tavern EDUCATION & HEALTHCARE North Lakes Health Precinct State-of-the-Art North Lakes Day Hospital Medical centres and healthcare services North Lakes retirement resort & nursing home Leisure centre, swimming pool Childcare, Primary and High Schools including Northpine Christian College, Dakabin High School, The Lakes College, North Lakes State College and more in the immediate vicinity Brisbane North Institute of TAFE SPORT & RECREATION North Lakes Resort 18 hole golf course and resort-style club North Lakes Aquatic Centre More than 60 local and village parks, three district parks and eight sports fields, gyms and clubs. Pine Rivers Golf Club Walking paths and dog-friendly parks Bribie Island National Park Moreton Bay Marina Botanical Gardens Lakeside Motor Racing Circuit Dakabin Crossing 7

8 DAKABIN REGIONAL STATISTICS The Dakabin Catchment is well placed to take advantage of large-scale infrastructure and transport projects recently completed or under construction. Proximity to major arterial roads and rail networks highlight the regions connectivity to the Sunshine Coast, Brisbane CBD, Port of Brisbane, and Domestic and International Airport terminals. A convenient distance to major retail hubs, local health care, sporting facilities and education will support the Dakabin catchment s ever-increasing demand for residential development. INFRASTRUCTURE AND DEVELOPMENT Centrally located within the Moreton Bay Local Government Area (LGA), Dakabin will directly benefit from the infrastructure investment expected to provide a catalyst for employment growth and residential demand. This economic revival has been spurred by state and local government spending; improving road networks, introduction and upgrade of rail and identification of more than 700 hectares of land earmarked for future enterprise and employment, both industrial and mixed business. INFRASTRUCTURE SPENDING Plantation Road Project ($15.1M) Moreton Bay Regional Council has now completed work on the new $15.1 million Plantation Road project including a significant upgrade to the intersection of Alma Road and Old Gympie Road, Dakabin. The new Plantation Road, a two-lane road with bicycle and a pedestrian pathway either side as well as capacity to expand to four lanes in the future. The upgrade now allows local residents quick access over the M1 to North Lakes in less than five minutes. Moreton Bay Rail Link ($1.15B) The Moreton Bay Rail Link Project will deliver a 12.6 km dual-track rail line between Petrie and Kippa-Ring, with 6 new rail stations at Kallangur, Murrumba Downs, Mango Hill, Mango Hill East, Rothwell and Kippa-Ring. Work is expected to be complete in Transport in the Moreton Bay region is heavily geared towards cars. More than half of the region s population departs the area every day to travel to work with the majority (83%) using a private vehicle for their journey. The Moreton Bay Rail Link will significantly improve public transport in the area providing an incentive for people to switch from private vehicles to public transport. This will in turn free up capacity on the road network for journeys that can t be made using public transport. Westfield North Lakes - Stage Three ($230M) Positioned with direct access to the M1 motorway, Westfield North Lakes serves a trade area population of close to 360,000 people, with a total spending capacity over $4 billion. Stages one and two have been driven by major anchor retailers including Myer, Target, Big W, Coles and Woolworths. The $230 million third stage of Westfield North Lakes will include the development of an Ikea retailer with linked specialty mall (100+ specialty stores), Kmart and 8-screen Event Cinema. Work is expected to complete early EMPLOYMENT Strong employment growth is projected for the Dakabin catchment. As one of the fastest growing urban centres in Queensland, the Dakabin catchment will increase to 84,183 workers by 2031, averaging an increase of 3.1 percent, or 1,923 new jobs per annum. The Dakabin catchment shows a clear concentration of residents working in the Health Care & Social Assistance (13%), attributed to the concentration of hospitals and associated health facilities in the region. A large proportion of residents are also employed within the Retail Trade industries (12.4%) largely due to the concentration of local shopping and retail amenity, particularly within proximity to the Westfield North Lakes precinct. The manufacturing industry also recorded 10.4 per cent for the Dakabin Catchment providing the third highest industry for employment with a number of industrial parks positioned within proximity to highway and rail links. When compared to the Moreton Bay LGA benchmark, the Dakabin catchment provides specialised employment opportunity for residents employed by Retail Trade and Transport, Postal and Warehousing industries which take advantage of the large scale retail highlighted by Westfield Shopping Centre North Lakes paired with the catchments immediate proximity to the aterial road network. The Moreton Bay Local Government Area is one of the fastest growing urban areas in Australia. POPULATION GROWTH Between 2006 and 2012, the Dakabin catchment (made up of the suburbs of Dakabin, Kallangur, Murrumba Downs, Griffin, North Lakes and Mango Hill) recorded qan average annual population growth of 3,139 residents per annum. The catchment has continued to attract strong population growth due to Dakabin s logistical significance as well as its accessibility to the Sunshine Coast, Brisbane CBD, Airports and Australia Trade Coast, which have been key drivers in the residential development that has occurred within the region. Significant road and rail network improvement, paired with a diversified mix of industry has also driven population growth in the region. This infrastructure, as well as the Dakabin catchments accessible location within proximity to large employment nodes, is expected to contribute to sustained long term population growth. 8

9 DAKABIN REGIONAL STATISTICS - CONTINUED Based on the Office of Economic and Statistical Research (OESR) 2013 population projections the Dakabin catchment is anticipated to increase by an average 2,402 new residents per annum to register a resident population of 103,507 by POPULATION & DEMOGRAPHICS AGE DISTRIBUTION The Age Distribution within the Dakabin Catchment has demonstrated a slightly higher portion aged between 20 to 44 years, equating to 38.0 per cent of the population, 5.3 per cent greater than the proportion in the Moreton Bay LGA. The family characteristics of the Dakabin Catchment illustrate a higher proportion of families without young children than the Moreton Bay LGA benchmark, accounting for 46.0 per cent of the population. Primary research indicated that a large portion of the rental market was made up of young couple families and couple families with children who consider buying unaffordable. This demographic prefer the more affordable rental offering of serviced townhouse complexes as well as the low maintenance amenity provided within a townhouse community. RESIDENTIAL MARKET ANALYSIS DAKABIN CATCHMENT RESIDENTIAL MARKET The Dakabin catchment (comprising of Dakabin, Murrumba Downs, Griffin, Kallangur, North Lakes and Mango Hill) is one of the Moreton Bay LGA s most active residential regions. The Dakabin catchment recorded a median townhouse sale price of $357,000 during the September 2014 half year, based on 141 settlements. Despite registering no dramatic median price increase over the last five years, the Dakabin catchment has recorded a significant increase in transactions, generally absorbed quickly as new townhouse developments enter the market. The Dakabin catchment recorded a median townhouse and apartment sale price of $357,000 during the September 2014 half year As the Dakabin catchment welcomes a shifting demographic and buyer profile spurred by large scale private and public investment to the area, an opportunity in the townhouse market exists for diversity of product. Primary research completed by Urbis indicated that larger single and double storey three bedroom and four bedroom townhouse product would be well received by owner occupiers and investors alike. Premium townhouse product in the Dakabin catchment appears to be limited with a notable gap in the market for higher quality developments. Price premiums are yet to be recorded in great numbers however as higher quality product types increase in the market, so too will the median price within the Dakabin catchment. Moving forward, the Dakabin townhouse market is positioned to experience further transformation, with a number of new developments to enter the market. In an increasingly competitive market, premium townhouse stock incorporating community amenity (pools, BBQ facilities etc.) and open space will likely benefit residents and visitors alike, meaning successful, projects will require this as well as size and quality of build in order to engage the market. RENTAL MARKET ANALYSIS DAKABIN CATCHMENT RENTAL MARKET Dakabin s townhouse market is providing a sound investment platform driven by demand for new multi-unit dwelling product. According to the Residential Tenancy Authority (RTA) at the quarter ending September 2014, the Dakabin catchment had recorded a 1.5 per cent premium in median weekly rental price compared to the Moreton Bay LGA benchmark for a typical three bedroom townhouse. Similar to the townhouse median price sales cycle over the last three years since the period ending September 2012, Dakabin s median weekly rental price has too remained stable. This has brought about consistent rental yields of approximately 5.0 per cent for a typical townhouse within the Dakabin catchment. As a result, the proportion of Dakabin rentals within the Moreton Bay LGA have increased with the total number of bonds lodged shifting 12 per cent since September 2012, now registering onethird of all bonds lodged within the Moreton Bay LGA. When observing the on-the-market rental rates, the Dakabin catchment has largely displayed a tight rental price ranging between $330 and $350 per week for three bedroom product, with the highest recorded weekly rent for comparable townhouse product registering just shy of $400 per week. The secondary market opportunity for four bedroom townhouse product is being realised with on-the-market weekly rentals yielding between $375 and $405 per week. Research completed by Urbis indicated that higher rental premiums are demanded for newly constructed products. Also highlighting that greater rental premiums are dependent on location, quality of build and size, with furnished stock achieving additional premiums over unfurnished stock. Over the past three years, Dakabin has registered a solid rental market which has delivered strong rental return on investment with minimal price fluctuation, limiting risk. This assurance, paired with the large scale infrastructure, retail amenity investment and population growth positions Dakabin to become a key region in accommodating the increasing demand for townhouse product in the Moreton Bay LGA. 9

10 10

11 11

12 Dakabin Crossing SCHEDULE OF FINISHES

13 EXTERIOR BUILDING FINISHES ROOFING + FASCIA + GUTTERS Lysaght Trimdek Roof Sheeting. Select Colorbond. EXTERNAL WALLS Painted Finish. Rendered Finish. Weatherboard. WINDOWS, SLIDING DOORS Aluminium powdercoat frames, clear glass to Australian Standards. Obscure glass to bathrooms and windows. BALUSTRADES Glass or Aluminium balustrade with stainless steel handrail. PATIOS, BALCONIES + COURTYARDS Exposed aggregate. Treated hardwood timber decking to balconies. REMOTE CONTROL GARAGE DOORS Colorbond panel lift door with 2 x remote controls. RECREATIONAL AREA Integrated pool and paved area x 1 Undercover gazebo, BBQ and picnic/dining setting. LETTERBOXES Powdercoated individual, lockable letterboxes 2x keys supplied. DRIVEWAY Exposed aggregate. LIGHTING Lighting to common areas and carpark. VILLA + TERRACE FEATURES INTERNAL WALLS Set plasterboard, painted finish. CEILINGS Set plasterboard, painted finish. CORNICE Set plasterboard, painted finish. SKIRTING/ARCHITRAVES Pencil round profile, gloss painted finish. INTERNAL PASSAGE DOORS Flush panel, gloss painted finish. STAIRS Select grade carpet. BUILT IN ROBES Mirrored sliding built-in robes, satin chrome frame. INTERNAL DOOR FURNITURE Quality satin chrome finish. Privacy sets to bathrooms. FLOORING Select quality carpet to bedrooms and hallway. Select tiles to living. 13

14 KITCHEN BENCH TOPS Feature stone tops or similar. KITCHEN CABINETRY Laminate finish doors and draws. KITCHEN HANDLES Chrome. SPLASH BACK Feature tile. COOK TOP Westinghouse 60cm electrical. OVEN. Westinghouse 60cm oven RANGE HOOD Westinghouse 60cm slideout. DISHWASHER Westinghouse 60cm stainless steel. SINK S/S or similar. TAP WARE Chrome flick mixer. POWDER ROOM BASINS White ceramic basin. TOILET SUITES Fall faced toilet. TAP WARE Select quality contemporary styled mixers, chrome finish. MIRRORS Frameless polished edge. ENSUITE + BATHROOMS VANITY BENCH TOPS Feature stone tops. VANITY + CUPBOARDS Laminate finish doors and draws. BASINS White ceramic basin. TOILET SUITES Fall faced toilet. TAP WARE Grohe contemporary styled mixers, chrome finish. SHOWER RAIL Grohe contemporary styled hand shower on rail. SHOWER SCREEN Satin chrome semi-frameless. ACCESSORIES Select quality contemporary style toilet paper holder, hand towel holder, towle rails, chrome finish. BATH 1525 bath tub with chrome flick mixer. MIRRORS Mounted cabinet. FLOOR + WALL TILES Select ceramic tiles to walls and floors. 14

15 ELECTRICAL + COMMUNICATIONS SMOKE DETECTORS Hardwired to meet Australian Standards. LIGHT FITTINGS Contemporary light fittings include select single recessed down lights, satin chrome face. CEILING FANS Satin chrome. POWER OUTLETS Generous provision of power outlets. AIR CONDITIONING Panasonic split system inverter reverse cycle to living and master bedroom. HOT WATER SERVICE Rheem Electrical hot water system. SCREENS AND BLINDS Roller Blinds to all windows and sliding doors (except venetians to wet areas). 15

16 SITE PLAN Dakabin Crossing 16

17 Dakabin Crossing FLOOR PLANS

18 2 Bedroom Villa TYPE A 2 BED BATH + 2 CAR SPACES AREA Lower Floor 50.60m 2 Garage 19.52m 2 Patio 12.50m 2 Total lower 87.98m 2 Upper Floor 44.81m 2 Balcony Total Upper Total 9.36m m m 2 Dakabin Crossing Subject to variations in accordance with the contract terms. The area shown on this plan are indicative only and are not a representation by the seller. See identification plan contained in the disclosure documents for area(s). The property does not include any furniture shown on this plan other than as set out in the specifications. Individual unit views may vary from that shown. 18

19 TYPE B 2 Bedroom Detached Garage 2 BED BATH + 2 CAR SPACES AREA Lower Floor 50.57m 2 Garage 20.22m 2 Patio 12.5m 2 Total lower 83.29m 2 Upper Floor 44.92m 2 Balcony 9.72m 2 Total Upper 54.64m 2 Total m 2 Dakabin Crossing Subject to variations in accordance with the contract terms. The area shown on this plan are indicative only and are not a representation by the seller. See identification plan contained in the disclosure documents for area(s). The property does not include any furniture shown on this plan other than as set out in the specifications. Individual unit views may vary from that shown. 19

20 3 Bedroom Villa TYPE C 3 BED BATH + 2 CAR SPACES AREA Lower Floor 50.36m 2 Garage 19.52m 2 Patio 18.10m 2 Total lower Upper Floor Balcony 87.98m 56.91m m 2 Total Upper 64.52m Total m Subject to variations in accordance with the contract terms. The area shown on this plan are indicative only and are not a representation by the seller. See identification plan contained in the disclosure documents for area(s). The property does not include any furniture shown on this plan other than as set out in the specifications. Individual unit views may vary from that shown. Dakabin Crossing Dakabin Crossing

21 TYPE D 3 Bedroom Alternative Lot 3 BED BATH + 2 CAR SPACES AREA Lower Floor 51.47m 2 Garage 19.52m 2 Patio 22.21m 2 Total lower 93.2m 2 Upper Floor 58.6m 2 Balcony 6.29m 2 Total Upper 64.89m 2 Total m 2 Dakabin Crossing Subject to variations in accordance with the contract terms. The area shown on this plan are indicative only and are not a representation by the seller. See identification plan contained in the disclosure documents for area(s). The property does not include any furniture shown on this plan other than as set out in the specifications. Individual unit views may vary from that shown. 21

22 4 Bedroom Villa TYPE CE 4 BED BATH + 2 CAR SPACES AREA Lower Floor 49.40m 2 Garage 21.00m 2 Patio 24.05m 2 Total lower 94.45m Balcony 7.79m 2 Upper Floor 76.52m 2 Total upper 84.31m 2 Total m Subject to variations in accordance with the contract terms. The area shown on this plan are indicative only and are not a representation by the seller. See identification plan contained in the disclosure documents for area(s). The property does not include any furniture shown on this plan other than as set out in the specifications. Individual unit views may vary from that shown. Dakabin Crossing Dakabin Crossing

23 TYPE F 3 Bedroom Terraces 3 BED BATH + 3 CAR SPACES AREA Lower Floor 55.98m 2 Garage 52.43m 2 Patio 25.91m 2 Total lower m 2 Upper Floor 67.63m 2 Balcony 6.0m 2 Total Upper 73.63m 2 Total m 2 Dakabin Crossing Subject to variations in accordance with the contract terms. The area shown on this plan are indicative only and are not a representation by the seller. See identification plan contained in the disclosure documents for area(s). The property does not include any furniture shown on this plan other than as set out in the specifications. Individual unit views may vary from that shown. 23

24 Dakabin Crossing ABOUT THE DEVELOPER

25 PROJECT MANAGER AND DEVELOPER A special purpose vehicle, Linzen Dakabin Project Management Pty Ltd, has been established to undertake the project management for the Project. Dakabin Crossing is a joint venture between the Linzen Property Group and the Flexjoint Technical Services Australia Pty Ltd. The Australian based Linzen Group is headed up by Susan Lindeque and Len Lindeque who have over 25 years property experience in South Africa and Australia. They have a range of dedicated property professionals who assist them with all aspects of construction and marketing of residential property. Linzen Property Group has been involved in numerous multimillion dollar property development projects ranging from residential land subdivisions and townhouses in Australia and South Africa. Linzen Property Group just completed in March 2015 a sub division of lots for house and land packages in Weston Court Bellbird Park, Brisbane. See their website for more information. A BRIEF SUMMARY OF THEIR EXPERIENCE IS AS FOLLOWS: Susan is the CEO and Co-founder of Linzen Group which is which is a multi-faceted and diverse property group offering a one stop real estate shop all under one roof. She is responsible for the overall strategic direction and management of the Group, project identification and joint venture capital raising. Susan is a registered Chartered Accountant and Real Estate Agent and has more than 25 years of successful commercial and financial experience and held various positions as Chief Financial Officer and Financial Director for various international Corporate Companies. She was the Financial Manager for Komatsu Australia for 4 years which supplies and support mining, construction and utility eathmoving equipment. The Group has annual sales approaching $4 Billion and consolidated external sales approaching $2.5Bn and is listed on the USA and Japanese Stock Exchange. She also was Financial Director for City of Johannesburg Shareholders Unit which managed 16 privately owed companies and head up the various project teams for Johannesburg Water, City Power, Johannesburg Roads and Johannesburg Property Company. However it was always her passion for real estate that resulted in her specializing in all aspects of property investment, development and marketing by applying sound business and financial accruement to each transaction. She excels in the area of property development, with a concise understanding of the property and development market and is well known for her ability to identify opportunites that have consistently outperformed the market. Her strong negotiation skills and extensive expertise allows her to recognise market trends, demands and conditions to accurately predict project outcomes. She is also a firm believer in client and team services and spends a considerable amount of time to ensure that everone in the company provides the highest quality of products and services. Timely, Professional and to exceed expectation are her motto She has been involved in the following projects: Komatsu Australia Pty Ltd - Property Development of the main warehouse and office facilities in Western Australia, Queensland and Fairfield Sydney with a total project cost over $80 Million Dollars. City of Johannesburg - 1 Billion Dollar projects for City of Johannesburg companies City Power, Johannesburg Water, Johannesburg Roads, Johannesburg Properties and Pickitup. 9 SAP implementations across the world in Hong Kong, America and South Africa. Acquisition of Condea Servo (Nederlands) for Sasol Limited with a Net Equity of EURO 105 Million in 2001 Complex Mossgas project in Malaysia MTU (South Africa) Successful project for Generators for Botswana Government Len is the Director of Marketing, Sales and Acquisitions and Co-founder of Linzen Group. He is responsible for the overall company marketing, sales and is always looking for new acquisitions. Len specialised in property investing and development of medium to master residential communities and have more than 30 years of successful residential and selling of the plan experience. His deep understanding of the development market provide him with the ability to identify and implement strategies that result in sales volumes and provide the necessary return on investment for the development. He also believes in doing proper market research and his in-depth coverage of the residential property market at macro and micro level contributes to the successful completion of various developments in the past. 25

26 Edward is the CEO and Co-Founder of Flexjoint Middle East Technical Services LLC and has 20 years of experience in the construction industry. In his time he has worked in South Africa, United Arab Emirates and Australia working for international construction supply companies and construction firms. He has held a Managing Director position for an International Contracting Company for the last 8 years with a staff content in excess of 150 employees. Edward has extensive experience in major projects ranging from airports, apartments, commercial buildings, high rise towers, gated communities, hospitals and hotels. Flexjoint Middle East Technical Services LLC has been involved in the following projects: Dubai Projects: Dubai Airport Concourse 4 with a Total Project Costs of 816 Million Dollars Mall of Emirates extension 454 Million Dollars Burg Lake Project 218 Million Dollars Silicone Oasis Residential Tower 125 Million Dollars Springs Community Development South Africa Projects: Johannesburg City Walk Shopping Mall Johannesburg International airport 11 Diagonal Street Tower, Rosebank Shopping District Edward is responsible for the overall strategy of the company and has had a close hand ensuring all operational works are completed on time and on budget. 26

27 Dakabin Crossing INVESTMENT INFORMATION

28 BENEFITS OF INVESTING OFF PLAN AND NEW PROPERTIES 1. GET IN EARLY Launch of the development before construction is known as pre-public stage following by a public opportunity. Investors who get in early, often experience valuable opportunities and can enjoy significant growth from stage one to the final stages of the development. 2. LOWER PRICES Lower prices are offered when the development is released to investors to encourage them to purchase early. Normally prices increase during the construction phases. In future it will invariably cost more to build an identical property than it would today, due to wages and building material cost goes up over time and growth in the property market. 3. EASY TO SECURE AND SAVE MONEY Astute investors can secure a property with a minimum deposit of 10% and delay settling the property until construction is complete. During construction there are no bills to pay or money to borrow or additional money out of pocket. The longer you can delay settlement, the more money you can save and put towards the next property. 4. SIGNIFICANT TAX DEPRECIATION BENEFITS IN THE FIRST 5 YEARS Fixture and fittings (carpets, appliances, blinds, etc.) are substantially depreciated in the first five years. New properties offers far greater tax depreciations benefits. Building cost depreciation of 2.5% over 40 years can be deducted as well. 5. NEW PROPERTIES ATTRACT QUALITY TENANTS Tenants are willing to pay higher rent for better locations close to train stations, lifestyle features and local facilities. Quality tenants pay rent on time and tend to stay longer. They also tend to take better care of properties. 6. LOW BODY CORPORATE FEES WITH REDUCED REPAIR AND MAINTENANCE COSTS All the properties are fully compliant with all building regulations and is 100% turn-key properties which will be rent ready and require minimum additional expenses. Higher standards in building technology along with Builder s warranty against defects in construction for consumer protection. Appliances and white goods are covered by manufacturer s warranties. 28

29 29

30 30

31 31

32 32

33 33

34 POSITIVE CASH FLOW PROPERTY Example on 3 Bedroom Villa for illustrative purposes only PURCHASE COSTS Purchase Price 375, Stamp Duty 11, Conveyancing costs Bank loan costs 1, TOTAL COST 388, PROPERTY PROFIT STATEMENT Weekly Yearly Rental Income $375 per week , Less Expenses , Total cost of Property 388, Less Deposit paid by buyer 75, Less stamp paid by buyer 13, Finance by Bank 300, Installment with Bank at 4.5% over 30 years Monthly installment interest only , Rates, electricity and water , Strata Levy , Letting fees to agents , Positive geared Average Salary per investor 1, , Tax payable with no deductions , TAX SAVINGS Average Salary per investor 1, , Plus income from rental property LESS DEPRECIATION AS PER BMT SCHEDULE , New Taxable income per investor 1, , Tax payable after depreciation , Tax before any depreciation , Tax Savings , Positive cash flow Property ,

35 RENTAL APPRAISAL LETTER FOR DAKABIN CROSSING 35

36 Dakabin C rossing 140 Alma Road Dakabin, QLD, 4503 Property Group sales@linzen.com.au The document has been carefully prepared and to the best of our knowledge, no relevant information has been ommitted. However, we do not provide any warranty, either expressly or implied, from anything contained in this document. We also disclaim any liability should any information or image in this document differ from the contract of sale. Images and artists impressions in this document are illustrative only and can change at any time without notice. Intending puchasers need to refer to the contract for full inclusions and finishes, and must rely on thier own inspections and enquries.