WEST VILLAGE IS A VISIONARY NEW GLOBAL NEIGHBOURHOOD, SET TO REDEFINE WEST END.
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1 like nothing else WEST VILLAGE IS A VISIONARY NEW GLOBAL NEIGHBOURHOOD, SET TO REDEFINE WEST END. WITH NO OTHER PROJECT LIKE IT, THIS UNPRECEDENTED OPPORTUNITY WILL TRANSFORM BRISBANE.
2 West Village is an iconic new destination, the likes of which have never been seen before in Brisbane 7 APARTMENT BUILDINGS FULL LINE SUPERMARKET BARS & EATERIES camperdown erskineville eveleigh alexandria central redfern rosebery zetland city of sydney moore park kensington east Village Catchment area 740 hectares ~ 28,000 residents The ability to transform a neighbourhood stems from East Village being a one of a kind retail and amenity offer, located in a high growth area, servicing a large and under-serviced catchment. West Village, like East Village, has the exact same winning ingredients. WEST END IS ALREADY ONE OF THE FASTEST GROWING SUBURBS IN BRISBANE, NOW WEST VILLAGE WILL BE THE MOST IN DEMAND DESTINATION. West Village follows hot on the heels of the successful East Village project in Zetland, Sydney. The multi-award winning project was a game-changing transformation, taking Victoria Park in Zetland from an unknown industrial hub to a vibrant new destination of Sydney. west Village Catchment area 790 hectares ~ 27,000 residents west end st lucia brisbane inner suburbs brisbane cbd ONLY ONE FULL LINE SUPERMARKET SERVICING 27,000 RESIDENTS IN THE WEST VILLAGE CATCHMENT RETAIL Source: Australian Bureau of Statistics, 2011
3 the next level west village EAST VILLAGE TRANSFORMED VICTORIA PARK INTO A DESTINATION. SIMILARLY, WEST VILLAGE WILL TRANSFORM WEST END, BUT ON A MUCH LARGER SCALE. 6x more apartments apartments vs 206 APARTMENTS Residents have flocked to East Village to take advantage of its prime location above a retail & entertainment precinct. more diverse retail 2.2x the site area 26,000SQM vs 12,000SQM east village in addition: FULL LINE SUPERMARKET MEDICAL CENTRE FULL LINE SUPERMARKET 6,500SQM PUBLIC GREEN SPACE GYM FRESH MARKET / DELI GYM GLOBALLY INSPIRED CHILDCARE CHILDCARE LANEWAYS MEDICAL CENTRE SWIMMING POOLS ROOFTOP CINEMA ROOFTOP AMENITIES FRESH MARKET / DELI / ALTERNATE GROCERIES
4 West End Average House Price over $1m WITH HOUSE PRICES DOUBLING THE BRISBANE AVERAGE, WEST END IS THE POWERHOUSE OF BRISBANE S THRIVING PROPERTY MARKET. Source: Australian Bureau of Statistics, 2011
5 6% 5% 4% 5.4% the winning location WEST END HAS THE SAME WINNING FORMULA THAT HAS DRIVEN ZETLAND S SUCCESS AS AN INVESTMENT LOCATION. BOTH ZETLAND AND WEST END ARE HIGHLY DESIRABLE LOCATIONS, CLOSE TO THE CBD AND EXPERIENCING RAPID POPULATION GROWTH. West End enjoys OVER 5% GROWTH IN ANNUAL POPULATION, which is well above most inner brisbane suburbs. 4.8% 4.1% Annual population growth ( ) zetland $1.55M 56% above sydney average desirable destination AS THE ZETLAND TRANSFORMATION PROGRESSED, EVEN DURING THE CHALLENGING PERIOD FOLLOWING THE GFC ( ) THE MEDIAN HOUSE PRICE INCREASED BY 39% ( ), SIGNIFICANTLY ABOVE THE WIDER SYDNEY AVERAGE OF 18%. west end average house price $1.06M 2 x brisbane average desirable tenant profile 3% 2% 2.9% 2.8% 2.7% 2.0% australia 2.0% 56% professionals 54% professionals 1% 0% 0.7% 0.4% proximity from cbd WEST END SOUTH BRISBANE WOOLLOONGGABBA BRISBANE CBD NEWSTEAD TOOWONG FORTITUDE VALLEY NEW FARM KANGAROO POINT ZETLAND 3km 1km SYDNEY CBD WEST END BRISBANE CBD Source: Australian Bureau of Statistics, 2011 Source: Australian Bureau of Statistics, 2011
6 THE POWER OF 61% east village % gains (sold price vs purchase price) TRANSFORMATION 42% 29% 28% 26% 24% 18% DURING THE 18 MONTHS SINCE SETTLEMENT, SEVERAL EAST VILLAGE APARTMENTS HAVE RESOLD AND ACHIEVED SIGNIFICANT CAPITAL GAINS OF UP TO 61% - ECLIPSING THE SYDNEY AVERAGE OF 18% OVER THE SAME PERIOD. A CLEAR OUTPERFORMER WITHIN ZETLAND, EAST VILLAGE ALSO DELIVERED REMARKABLE PRICE PREMIUMS COMPARED WITH SURROUNDING PROJECTS. APARTMENT 1 APARTMENT 2 APARTMENT 3 APARTMENT 4 APARTMENT 5 APARTMENT 6 APARTMENT 7 Source: RPData (sales during April 2015 April 2016) apex esp east village vsq north East Village resale price premiums of up to $200,000* * RP Data April 2016, based on 2 bedroom apartments with 2 bathrooms and 1 car space sold in the past year.
7 west end: primed for growth the best is yet to come THE FUTURE OF WEST VILLAGE IS EVEN BRIGHTER FOR THIS PRIME LOCATION THANKS TO THE INFRASTRUCTURE AND GROWTH PLANS FROM BOTH GOVERNMENT AND PRIVATE ENTERPRISE. health a WEST VILLAGE IS ALREADY THE EPICENTRE OF A FAST GROWING LOCATION, WITH A WELL ANCHORED TENANT POOL THANKS TO ITS CLOSE PROXIMITY TO THE CBD, FOUR MAJOR UNIVERSITIES WITH 150,000 STAFF AND STUDENTS, AND FOUR MAJOR HOSPITALS WITH 20,000 STAFF. toowong PRINCESS ALEXANDRA HOSPITAL milton st lucia beds staff west end e g fortitude valley education brisbane cbd h b c 780 6,500 e UNIVERSITY OF QUEENSLAND f A spring hill d staff students 5,238 31,151 education UNIVERSITY OF QUEENSLAND 20 YEAR MASTERPLAN GOLDMAN SACHS & UNILODGE STUDENT ACCOMMODATION PROJECTS PROPOSED FOOTBRIDGE BETWEEN BOUNDARY STREET & UNIVERSITY OF QUEENSLAND CAMPUS infrastructure $134+ BILLION AUSTRALIA S LARGEST PUBLIC INFRASTRUCTURE SPENDING INITIATIVE BY 2032 development QUEENS WHARF CASINO $3 BILLION HOWARD SMITH WHARVES $100+ MILLION public transport BRISBANE METRO $1.5 BILLION construction BRISBANE CONVENTION & EXHIBITION CENTRE EXPANSION $333 MILLION b MATER PRIVATE & PUBLIC HOSPITAL f QUEENSLAND UNIVERSITY OF TECHNOLOGY 12,915 47,229 c QUEENSLAND S LADY CILENTO CHILDREN S HOSPITAL 359 2,500 g GRIFFITH UNIVERSITY 2,669 21,293 d GREENSLOPES PRIVATE HOSPITAL 678 2,000 h SOUTHBANK INSTITUTE OF TECHNOLOGY ,000 Source: Urbis West End Outlook Report, March 2016 Source: Department of Infrastructure and Transport, 2011, Urbis West End Outlook Report, March 2016
8 realising the vision PROUDLY DEVELOPED BY sekisui house CASE STUDY central park CENTRAL PARK IS SET TO BECOME AN ICON OF 21ST CENTURY LIVING, OCCUPYING 5.8 HECTARES OF INNER-URBAN SYDNEY WITHIN THE SUBURB OF CHIPPENDALE, HELPING SYDNEY STAKE A CLAIM AS ONE OF THE WORLD S GREAT URBAN DESTINATIONS. Spectacularly located downtown, at the southern edge of the CBD, Central Park is a $2 billion urban village with a beautiful, spacious park, Chippendale Green at its heart an exceptional destination for living, working, meeting friends, shopping, dining out and relaxing. Designed by a world-leading team of architects in Sydney, London, Paris and Copenhagen, Central Park is inspired by the people of Sydney, and its spacious, landscaped gardens inviting nearby communities into its heart. Central Park is being developed in joint venture with Sekisui House Australia and Frasers Property Australia. With 11 buildings, around 2,200 apartments and a lively collection of shops, cafes, restaurants, laneways, terraces and offices, Central Park is now transforming the old Carlton United Brewery in Chippendale into an intelligent interplay of buildings and public spaces, raising the benchmark for sustainable urban living, globally. APARTMENTS 2,200 RETAIL SPACE 20,000SQM australia STUDENT DWELLINGS 876 PROJECT VALUE $2 BILLION COMMERCIAL SPACE 5,000SQM TIMEFRAME WEST VILLAGE IS AN EXEMPLARY ADDRESS BY A DEVELOPER WITH A TRACK RECORD FOR DELIVERING AWARD-WINNING, INNOVATIVE PROJECTS ACROSS AUSTRALIA. Founded in 1960, Sekisui House is one of Japan s most respected and awarded community developers and now a major force in Australia with experience in successful and ambitious urban transformations. Sekisui House Australia creates communities that redefine the social fabric of their environments. Their many ambitious endeavours include The Waterfront, The Address and Jewel in Wentworth Point, Central Park on Broadway and Royal Shores in Ermington. As one of Australia s most accomplished urban creators, Sekisui House Australia is uniquely placed to deliver this landmark transformation of the extraordinary West Village. Not only will West Village be a new residential and original destination, the heart of West End will be unlocked for everyone to enjoy and brought to life in exciting and imaginative ways. The Address, Wentworth Point Central Park, Chippendale The Address, Wentworth Point
9 SYDNEY DISPLAY CENTRE 1/22 Gadigal Avenue Zetland NSW 2017 BRISBANE DISPLAY CENTRE 97 Boundary Street West End QLD 4101 westvillage.com.au PROUDLY DEVELOPED BY SALES BY Disclaimer: The information, images and diagrams contained in this Brochure (called in this disclaimer Information ) do not in any way constitute part of a contract or an offer capable of acceptance. The Information is subject to change without notice. The vendors, their associates and agents make no representations, warranties, promises or otherwise as to the accuracy, reliability, currency or completeness of the Information or that the images depicted in this document are fully, completely or entirely representative of West Village whether in whole or in part, once completed. Prospective purchasers should satisfy themselves as to the accuracy, reliability, currency or completeness of the Information by inspection or otherwise, and where necessary seek independent advice. (Date Printed: 6th July 2016) design and production by rareid.com.au
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