BLAXLAND TERRACES 45 BLAXLAND CRESCENT, REDBANK PLAINS QLD BODY CORP: $40.00/wk Approx. EXPECTED RENT: $330 - $335/ wk approx

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1 BODY CORP: $40.00/wk Approx BLAXLAND TERRACES 45 BLAXLAND CRESCENT, REDBANK PLAINS QLD 4301 EXPECTED RENT: $330 - $335/ wk approx

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3 CONTENTS OVERVIEW DEVELOPMENT 5 OVERVIEW DEVELOPER 6 REGIONAL PROFILE SOUTH EAST QUEENSLAND 7 LOCAL GOVERNMENT AREA PROFILE IPSWICH 21 SUBURB PROFILE REDBANK PLAINS 23 INFRASTRUCTURE BRISBANE PROJECTS 24 AREA MAP LOCAL GOVERNMENT AREA MAP 29 LOCATION 45 BLAXLAND CRESCENT, REDBANK PLAINS 31 SCHEDULE OF FINISHES STANDARD 33 FLOOR PLANS TYPE A-A1 35 FLOOR PLANS TYPE B-B1 36 FLOOR PLANS TYPE C-C1, C2, C3, C4 37 RENTAL APPRIASAL ONSITE MANAGEMENT 39 DEPRECIATION SCHEDULE 40 DEMOGRAPHICS SOURCED FROM RP DATA 42 RECENT COMPARATIVE SALES SOURCED FROM RP DATA 49 BLAXLAND TERRACES PAGE 3

4 You will enjoy both convenience and comfort at Blaxland Terraces... BLAXLAND TERRACES PAGE 4

5 OVERVIEW DEVELOPMENT This magnificent new collection of 72 contemporary 3 bedroom, 2 bathroom townhouse residences is bringing new architectural style through contemporary modern design to Redbank Plains. Complete, tenanted and perfectly located in one of the largest and fastest growing precincts in South East Queensland, with easy access to everyday conveniences, Blaxland Terraces provides an ideal investment opportunity at a very affordable entry price with low ongoing costs. Conveniently located only 20 minutes to Ipswich CBD, 30 minutes to Brisbane CBD and within close proximity to the Western Corridor as well as Springfield areas where the growth potential is rising due to the master-planned communities and regionally significant industrial area. Blaxland Terraces open plan designs create a beautiful living environment through the clever use of light, space and incorporating comfort with modern design. Open plan living and dining areas open onto private, low maintenance landscaped courtyards. Enjoy the resort style pool and recreational areas together with the added benefit of an onsite manager. PROPERTY DETAILS Address: 45 Blaxland Crescent, Redbank Plains Q 4301 Developer: Property Type: PMW Group Townhouses No. of Total Lots: 72 Number of Stages: 4 Stage Completion: NRAS: Complete, Registered & Tenanted Yes Price Range: $309,900 - $319,900 Body Corporate: Rental Return: Rental Yields: Project Features: Property Management: Bedrooms: Bathrooms: Size Range: Car Spaces: Study: Indoor Features: Approximately $40 p/wk. Approximately $330 - $335 p/wk. Approximately 5.36% % per annum Full-time on-site Property Manager 35mins to Brisbane CBD Swimming Pool and BBQ Recreation Area Car Washing Bays Use of Onsite Management is required 3 Bedrooms 2 + Powder Room 145m2-150m2 Single lock up remote control garage + 1 x visitor car park (some Lots) N/A Modern & stylish free flowing, tiled open plan living areas. Modern kitchen with stainless steel appliances Split system air-conditioning to living area and master bedroom Spacious carpeted bedrooms with built-in robes and ceiling fans Stylish bathrooms Blinds to all windows and sliding doors BLAXLAND TERRACES PAGE 5

6 OVERVIEW DEVELOPER PMW GROUP Managing director Peter Wilkinson has in excess of Three decades of construction, project management and property development experience and was the founder of P&M Wilkinson over 30 years ago. Peter s business management and property expertise has enabled PMW Developments to grow into a highly successful and trusted Queensland property developer. As the Company Director, he is uniquely hands on. You re just as likely to find him at the controls of an excavator as behind a desk. It s a management style that keeps the business firmly in touch with the market, with our people, and with our customers. Through his success, Peter s two sons have emerged to be professionals in the Residential Development industry in their own right. His eldest son Paul Wilkinson becoming a licensed residential builder over 15 years ago. His other son Steven becoming a RPEQ civil engineer over 12 years ago. This has only strengthened the PMW Group s ability to produce very appealing quality homes throughout South East Queensland. Right from the start, PMW s estates and homes are designed with first homebuyers, working families, and property investors in mind. That s why they focus on value, building high quality homes at affordable prices. The properties are sized, finished and priced just right to give families room to move and guarantee investors many happy returns. It means homeowners enjoy spacious, comfortable, low maintenance living in a convenient setting. While investors can count on strong rental demand and reliable returns in all market conditions. Some of the best features of a PMW Group home are hidden from view. Foundations are sound, frames are true, floors are level, walls are square and plumb. It might seem basic, but it makes a big difference. With no corners cut, they help protect homeowners and investors assets from unnecessary worry and expenses for years to come, and create maintenance savings that can add thousands of dollars to the family budget or investment bottom line. PMW can insist on this kind of approach, because they own the building company responsible: PMW Constructions. BLAXLAND TERRACES PAGE 6

7 REGIONAL PROFILE SOUTH EAST QUEENSLAND Why South-East Queensland? South East Queensland offers an unmatched way of life combining a dynamic and growing choice of sporting, arts, entertainment and cultural facilities and events, with spectacular natural wonders that can be enjoyed year round in a sub-tropical climate that boasts an average of 300 days of sunshine per year. Covering a 22,890 square kilometer region, South East Queensland stretches from the beautiful beaches of the popular Noosa in the north, extending south to the Queensland-New South Wales border and out west to the city of Toowoomba. South East Queensland is home to 3,178,030 people, around two-thirds of the State s total population; and continues to be one of Australia s fastest growing metropolitan regions. Safe and secure family-oriented communities, world-class public health and education systems, sophisticated community infrastructure and a multicultural, friendly and active lifestyle, are all key elements of South East Queensland s attraction. The region s success is also sustained by its strong manufacturing and export infrastructure, worldclass business services, and thriving tourism sector, with the area offering: major transport and export hubs with assets such as the Brisbane Airport, Port of Brisbane, the Acacia Ridge Intermodal Terminal, and Australia TradeCoast, which connects regional Queensland to Australian and international markets. a powerful service economy with specialised skills in professional services such as information and communications technology and biomedical services. close proximity to the major energy and gas corridors continues to provide opportunities to capitalise on mining services and mining technology capabilities to service regional industries. a significant tourist destination and the gateway to the rest of Queensland, welcoming millions of Australian and international visitors each year. Since 2001 SEQ s population has grown from 2.4 to 3.4 million people. By 2041 the population is expected to be 5.3 million. This growth will require more than 30,000 new dwellings each year as well as more transport, jobs and services. BLAXLAND TERRACES PAGE 7

8 SOUTH EAST QUEENSLAND IS BECOMING A WORLD LEADING MODEL IN SUBTROPICAL LIVING Shaping SEQ Queensland is in the midst of an exciting period of change and growth. Throughout the state innovative new industries are emerging, the delivery of exciting urban renewal precincts and more and more people choosing to call Queensland home. This growth is no more obvious than in South East Queensland (SEQ). In fact, by 2041 the population of SEQ is expected to have increased by 2 million people. In response to managing this growth sensibly and sustainably the Queensland State government has published the draft Shaping SEQ Plan for community consultation. It seeks to promote the things that SEQ residents value like a connected region, affordable housing, protecting our natural environment and our unique lifestyle. BLAXLAND TERRACES PAGE 8

9 GROW. The draft Shaping SEQ Plan is an overarching document that will PROSPER. guide local government areas forward in sustainable outcomes for future generations. CONNECT. During Community Consultations 5 key areas of importance were SUSTAIN. identified for consideration and provide evidence of a population that is progressive and innovative, which creates an environment for LIVE. positive growth: GROW Higher density living provides easier access to the CBD/town centres and jobs as well as shopping, entertainment and recreation options. Ensuring that the features that make SEQ a great place to live are maintained as it grows. Businesses should cluster around shopping centres. There should be a strong relationship between density and amenity and access, particularly public transport, to ensure development for high- and medium-density growth is supported by a vibrant lifestyle. PROSPER Population growth means a stronger economy and more jobs. New jobs to be located together to form employment hubs and new industries in prime location with reliable freight connections. Supporting innovation by establishing and enhancing tourism and technology. Providing for an international level of service in health and education, and value-added clean/green agriculture and livestock products for national and international markets CONNECT The transport system, particularly public transport, will improve liveability by providing access to the city, employment and recreation, especially beaches and bushland Utilising new housing and transport technology live where there is a mix of shops, offices and recreational opportunities get around by public transport, walking or cycling Access to good schools and universities SUSTAIN SEQ s natural assets to be protected from development by establishing wildlife corridors to allow safe passage and protection for the region s fauna Promoting new technologies in energy production and transport, especially electric cars conserving and protecting food production are The size and shape of rural communities to be maintained and surrounding land protected for rural production LIVE Population growth brings density, it also brings diversity in employment, entertainment and recreation Quality of life improvements are due to: affordable lifestyle, easy access to open space and recreation areas, easy access to good schools and universities Achieving quality lifestyles that include higher densities by creating mid-rise developments that incorporate mixed-use and climate-responsive design The availability of entertainment, cultural experience, and sport and recreation options, as well as education options, will benefit from population growth BLAXLAND TERRACES PAGE 9

10 Covering 22,900 km², SEQ s 12 local government areas provide various lifestyle options, diverse economies and healthy natural environments. Collectively, they form one of Australia s most desirable and fastest-growing regions. Figure 1: A snapshot of SEQ Source: Estimates derived for Shaping SEQ, as at 2015, from various Queensland Government and ABS sources BLAXLAND TERRACES PAGE 10

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12 SEQ S RELATIONSHIPS SEQ has strong relationships with surrounding regions and through its export orientation, liveability, biodiversity corridors and transport networks the rest of Australia and the world. GLOBAL Major land, air and sea freight and passenger routes begin or end in SEQ, providing direct access to major interstate and global markets. At the heart of SEQ is Australia TradeCoast s Port of Brisbane SEQ s gateway to international trade. Port of Brisbane is one of Australia s largest and its northernmost capital city port, and has significant growth potential. Its proximity to major overseas trading partners strengthens the region s productive capabilities and provides access to a growing global market for local produce, manufactured goods and other regional commodities. SEQ also accesses the world stage via four major airports in Brisbane, Gold Coast, Sunshine Coast and Toowoomba, which include international connections. These airports further enhance SEQ s trade and logistic capabilities, enable migration and give international travellers access to SEQ s diverse and world-renowned tourism destinations. This region has the opportunity to leverage its brand as a major tourist destination to enhance its capability in exporting services, such as education and finance. It offers numerous world-class knowledge and technology precincts with links to high-quality research and development facilities, training and education institutions, and organisations that specialise in commercialising innovation. SEQ can capitalise on these growing sectors by providing strong investment and support in the digital economy and human capital. This will prepare the region to respond to emerging international trends, such as access to, and transfer of, information. The potential for an international submarine communications cable in SEQ, only the second point of communication for Australia's east coast the other being Sydney will deliver direct, high speed internet connection that could lead to new businesses and employment opportunities. This will enable SEQ to compete with other major regions on the east coast of Australia in attracting high value, technology dependent enterprises, including the globally competitive finance and banking sectors. In coming years, SEQ will build on its historical strengths to be able to adapt innovatively to a fastchanging international economy and contribute significantly to the growing Asia-Pacific region. BLAXLAND TERRACES PAGE 12

13 NATIONAL SEQ s important relationship with the rest of Australia arises from strong economic foundations, its desirable climate, and high levels of liveability and opportunity: Over the past 10 years, 20 per cent of Australia s economic and employment growth has occurred in SEQ. SEQ contributes to 17.4 per cent of Australia s tourism gross domestic product. SEQ is one of Australia s premium food bowls. SEQ s unique environment, climate and liveability are all key to our status as Australia s most biodiverse and only subtropical capital city region. Transport connections including the National Highway and the interstate rail network including the proposed inland rail. STATE SEQ performs the key administrative, political and service functions for Queensland: The region generates almost two-thirds of Queensland s gross state product. More than 80 percent of Queensland s employment in professional, scientific and technical services, financial and insurance services, and information, media and telecommunications sectors is located in SEQ. SEQ is home to most of Queensland s key health, education and research clusters, with nine world-class universities and more than 100,000 international students. The region is the apex of Queensland s strategic freight network and the primary hub for goods movement within the state. Figure 2: Regional relationships international, national and state BLAXLAND TERRACES PAGE 13

14 SEQ S REGIONAL RELATIONSHIPS SEQ has close relationships across regional boundaries with the surrounding areas of the Darling Downs, Wide Bay Burnett and the Tweed Coast in northern New South Wales. These areas have unique social and economic linkages, and can leverage opportunities provided by SEQ s strong population growth and diversified employment market. Maintaining and enhancing the extensive infrastructure networks that connect these regions will support mutual social and economic benefits by providing access to employment and recreation, and enabling the efficient movement of commodities, services, and skills. DARLING DOWNS High-quality agricultural production with access to growing global food markets. Diverse and abundant natural resources including renewable energy, coal, natural gas, petroleum for international and domestic consumption, and power generation. Strategic highways and railway lines connecting SEQ to southern and western Queensland, and connecting Darling Downs to the nation and the world through the Australia TradeCoast. BLAXLAND TERRACES PAGE 14

15 WIDE BAY BURNETT Productive rural landscapes and natural resources framing coastal communities. A central location to the Port of Gladstone, Australia TradeCoast and Surat Basin. Attractive tourism opportunities and a source of labour for growth in resource development in the Surat Basin and Central Queensland. NORTHERN NEW SOUTH WALES Coastal and inland interstate connections facilitating a strong tourism network between the south-eastern coast of Queensland and northern New South Wales. Local agricultural production with access to SEQ markets. Hinterland and coastal lifestyle opportunities with access to SEQ markets and world-class environmental reserves. Figure 3: Inter-regional relationships BLAXLAND TERRACES PAGE 15

16 Megatrends Influencing Change in SEQ The world is currently experiencing a wide range of rapid changes that will fundamentally influence our future. Some of the most important to SEQ are outlined below. Increased urbanisation: the world population is becoming more urbanised, creating more demand for diverse forms of housing, infrastructure and services. SEQ is already highly urbanised and is expected to experience significant further growth. Innovative planning and design can help deliver attractive, compatible and sustainable urban places. New Technology: Extraordinary technological change is transforming how people live, work, communicate and pursue ideas. The pace of technological advancement is increasing a likely to intensify. These changes include the internet of things, autonomous and electric vehicles, affordable renewable energy and complete digital connectivity. By supporting and investing in the digital economy, SEQ will be well placed to take advantage of these changes, which will require new thinking on how we plan for jobs, commerce and retailing. Health, ageing and changing preferences: Ageing populations have implications for the size of the workforce, economic growth, government revenue and services such as healthcare. Household sizes and structures are also changing, as are housing preferences for older and younger generations. Planning for the region must allow for these changes by enabling new models of living, services and lifestyle, including the ability to age in place. Resource dependency: As worldwide demand for natural resources increases, pressure on our diminishing reserves will also continue to increase. This applies to water, agricultural land, minerals and fisheries. Long-term planning for our region can ensure our finite resources are managed sustainably for current and future generations. Pressure on biodiversity: Around the world, valuable ecosystems are under pressure from urban expansion, agricultural clearing and the effects of climate change. As well as its intrinsic ecological values, our environment contributes economically and provides community benefits (such as clean air and water, and scenic amenity) and health benefits (such as access to nature, rural lifestyle, and outdoor sport and recreation). Planning must protect these ecosystems. Climate change and disaster resilience: Queensland has long experienced the impacts of extreme weather, tropical cyclones, floods, heatwaves and bushfires. Climate change is expected to amplify the frequency and severity of these events. Scientists warn that Queensland will increasingly be affected by changes in temperature, rainfall, sea level and extreme weather events. These changes will impact on our communities and natural systems and key sectors of the economy. Through effective and timely planning, we can limit the adverse impacts and better manage our climate risks. Global connectedness: The world is becoming more interconnected and the global economic focus is shifting towards Asia. Geographically, we are well positioned to take advantage of the opportunities that will arise from this. Planning for SEQ can play a fundamental part in unlocking the region s potential and creating new, globally competitive and value-adding industries and business. ( BLAXLAND TERRACES PAGE 16

17 The next 25 years By 2041, SEQ is expected to accommodate an additional 1.98 million people, bringing its total population to 5.35 million. This chapter provides the planning framework that will help us accommodate and manage this growth to achieve the 50-year vision outlined in Chapter 2. BLAXLAND TERRACES PAGE 17

18 GOAL 1: GROW The next 25 years BLAXLAND TERRACES PAGE 18

19 The next 25 years BLAXLAND TERRACES PAGE 19 GOAL 1: GROW

20 Long-term Projections of Possible Future Employment Growth Employment planning benchmark by industry for each local government area to 2041 GOAL 1: GROW BLAXLAND TERRACES PAGE 20

21 The region of Ipswich has become the fastest growing city in SEQ LOCAL GOVERNMENT AREA PROFILE IPSWICH Its official, one of the oldest and most heritage-rich cities in Queensland is now one of the world s best cities in which to live. Ipswich has agreeably been voted by an international, multi-cultural panel of experts on sustainable living as the world s most liveable mid-sized city. Ipswich is centrally located in the booming South East Queensland region of Australia. To the east is the capital city Brisbane, and to the west are the rural and agricultural areas of the Brisbane, Lockyer and Fassifern Valleys. The city is ideally positioned on the national road network - 30 minutes drive from Brisbane, an hour s drive from the Gold Coast and 40 minutes drive from domestic and international air and seaports. Comprising an area of 1090 square kilometres and has a population of 180,000 people, Ipswich enjoys a subtropical climate and is a safe, friendly and multicultural city. Residents come from 115 different ethnic backgrounds, speaking 84 languages. As Queensland's oldest provincial city, Ipswich has a rich history. It is renowned for its architectural, natural and cultural heritage. Ipswich proudly preserves and still operates from many of its historical buildings and homes, with more than 6000 heritage-listed sites. BLAXLAND TERRACES PAGE 21

22 Ipswich is an exciting place to live, work, invest and visit. Education plays an important role in the local economy with two universities and a wide choice of private and state government schools. Ipswich offers all the modern facilities and attractions of a progressive city. Attractions include the Ipswich Art Gallery, the Workshops Rail Museum, steam trains, more than 500 parks, wineries, cafes, restaurants, cinemas and shopping centres. Ipswich hosts regular national and local festivals and events such as the Queensland Open Golf Championships, Ipswich Cup - the city's annual major horse race, drag racing s finest at the Winter Nationals held at Willowbank Raceway, Queensland 400 V8 supercars at Queensland Raceway, Ipswich Festival and Ipswich Show. The home of RAAF Amberley, Australia s largest Defence facility, which is set to almost double its workforce to 6,500 within the next five years, Ipswich is predicted to be the major growth corridor for the entire South-East Queensland region. With 120% growth forecasted from now to 2026, Ipswich has a prosperous and exciting future ahead making it the place to invest for the future. BLAXLAND TERRACES PAGE 22

23 SUBURB PROFILE REDBANK PLAINS Redbank Plains is a residential suburb located in the local government area of Ipswich City Council, 29.9km west of the Brisbane CBD and 12.7km east of Ipswich CBD. The size of Redbank Plains is approximately 18 square kilometer. Residents of the area benefit from close proximity to both Ipswich and Brisbane CBD, with many residents commuting or utilizing public transport to Ipswich for work, while some work in Brisbane City. The region is very popular with families of school age children due to its close proximity to a vast array of primary & secondary schools, including Collingwood Park state School in Collingwood Park. Redbank state School, Redbank State School, Redbank Plains state High School and Staines Memorial College, this coupled with affordable prices the suburb is becoming increasingly attractive to young families, first home buyers and investors. The area also contains around ten child care centres and pre-schools. The University of Southern Queensland is located ten minutes from Redbank Plains within Springfield together with the Bremer Institute of TAFE. The University of Queensland s Ipswich Campus is also within close proximity, accessible by both private car and public transport. Throughout Redbank Plains and its surrounds are a plethora of parklands, sporting and recreational clubs. The Redbank Plains Recreational Reserve is one of the largest parklands in the area and houses the Rebels Softball and Teeball Club, the Westminster Soccer Club, a Rugby field, and a Skate park together with a children s playground and barbeque areas. There are several additional parks within the area, all containing children s playgrounds and barbeque areas. Redbank Plains has its own golf course in addition to the world-class, Greg Norman designed golf course located at nearby Brookwater. Residents of Redbank Plains have four medical centres on their doorstep; within a ten minute drive is the state-of-the-art Springfield Medical Centre and an additional three medical centres. Not to mention Redbank Plains is extremely well serviced by both recreational and retail amenities. There are three shopping centres within the immediate vicinity; Redbank Plains Shopping Centre and Redbank Plaza which offers a range of retailers including Coles, Kmart and the Reading Cinemas. The Redbank Plains Shopping Centre has recently under gone a multi-million dollar upgrade which has seen the likes of Big W, Aldi and Best and Less join the retail mix. The area is well serviced by public transport with regular bus services and a new train station, vastly opening access to the South East Queensland Region. Improvements and upgrades to the Ipswich Motorway have recently been completed and have already significantly improved travel times and access to the greater Brisbane area and the Gold Coast. The Queensland government injected more $1.95 Billion into the Ipswich Motorway upgrade. Investing in Ipswich has already proven to be prosperous, as Ipswich city valuations have increased from $2.12 Billion in to $12.16 billion in The culmination of infrastructure investment will result in continued demand for residential dwellings across Ipswich stemming from new residents moving to the area in support of the area s economic growth and significant job creation opportunities. BLAXLAND TERRACES PAGE 23

24 INFRASTRUCTURE BRISBANE PROJECTS LOCATION: BRISBANE AIRPORT VALUE: $4 BILLION DURATION: The Brisbane City Council has already delivered several major projects in the last few years that have greatly increased the profile and liveability of Brisbane, and there are no signs that this will slow down. The current infrastructure pipeline has over $47 billion worth of major projects in various stages, from concept to construction, each of which are set to further cement Brisbane as a leader in urban innovation. A major focus of the current infrastructure spend is to divert cross-city traffic out of the CBD. There is more than $10 billion invested in the TransApex transport project. Touted as the biggest urban road project proposed in Australia, TransApex consists of: Clem Jones Tunnel (Complete) Airport Link (Complete) Go Between Bridge (Complete) Legacy Way (Completion due 2015) East-West Link (Deferred) This innovative urban initiative has already proven successful in taking cross-city traffic out of the inner city, increasing connectivity and bringing value to the city. BLAXLAND TERRACES PAGE 24

25 BRISBANE AIRPORT MASTER PLAN The Australian federal government has approved Brisbane Airport s 2014 Master Plan, which sets out the airport s strategic direction for the next 20 years. The Master Plan proposes several significant infrastructure developments at Brisbane Airport to accommodate predicted growth in passenger and aircraft movements. It provides for works associated with the new parallel runway, a regional satellite facility, upgraded terminal facilities and improved road and transport networks. The 2014 Master Plan will guide all development at the airport for the next 20 years, covering passenger growth, job creation and the construction of the new runway, as well as significant investment in other aviation infrastructure, roads and terminals. BAC s vision is for Brisbane Airport to be world best and the preferred choice for passengers, airlines, business and the community The Australian Government approved Brisbane Airport s 2014 Master Plan on 13 January Brisbane Airport Corporation s Property Development Master Plan focuses on creating a vibrant commercial hub from Airport Village to the Domestic Terminal and beyond within the next 10 years. The unveiling of a 50 year vision for property development within BAC s 2,700 hectares identifies development concentrated around five key nodes, as part of a highly connected, 24 hour aviation, trade and commerce hub. The master plan presents a clear vision for the airport to become a major commercial centre for business and leisure that supports the economic and cultural growth of Brisbane and Queensland, and acknowledges the important role it plays in Brisbane s transformation into a new world city. Brisbane Airport can be Queensland s ultimate transport oriented development, taking full advantage of its unique position and unparalleled connectivity to the domestic and international terminals, major transport networks and the CBD just 8km away The overall Property Development Master Plan sets out a diverse range of development opportunities, foreseeing the creation of upwards of 25 new buildings over the next five years. This includes hotels, commercial space and some retail, as well as industrial and mixed industry and business uses. A longer term forecast predicts the airport-based workforce to more than double in the next 20 years from its current level of 19,000 (across 420 businesses) to over 50,000. In , Brisbane Airport and businesses operating on the airport precinct directly contributed $3.3 billion (gross value added) to the Queensland economy. This is expected to increase to $8.2 billion by 2034 and provide nearly 51,000 jobs. Brisbane Airport modelling has forecast that by 2033/34 some 11.7 million passengers will pass through the International Terminal and around 37 million passengers annually through the Domestic Terminal annually. BLAXLAND TERRACES PAGE 25

26 SHORT-TERM DEVELOPMENT ( ) Progress on the New Parallel Runway (NPR) construction Construction of a new fire station at Airport North Additional rapid exit taxiway with the existing main runway Upgrades and new terminal facilities Airside bussing facilities Staged relocation of staff parking facilities to the Central Parking Area The construction of a hotel and business centre in Airport Central Domestic Administration buildings at Airport Central International Aviation facilities and aviation support facilities Additional and upgraded car parking Improvements to surrounding roads, new active transport and public transport facilities Business, industry and commercial developments Additional aircraft maintenance, office facilities and expanded taxiway systems in Airport East MEDIUM-TERM DEVELOPMENT ( ) Ongoing work on the NPR Further terminal, apron and aircraft parking bay expansion Remote terminal facilities Mass transit system linking airport sites Upgrades to surrounding road network Taxiway work Expansion of the cycle and pedestrian pathway network and related facilities Expansion of car parking facilities Construction of additional freight and maintenance facilities Further business, industry and commercial development Additional aviation support facilities Utility upgrades LONG-TERM DEVELOPMENT ( ) Further terminal, apron and aircraft parking bay expansion Remote terminal facilities Further taxiway link development to access additional hangars in Airport East and Airport North Airside mass transit system Upgrades to surrounding road network Ground transport interchange connected to the mass transit system Further development of the Central Parking Area Cycle and pedestrian paths Construction of additional freight and maintenance facilities TIST S IMPRESSION: QUEEN S WHARF BLAXLAND TERRACES PAGE 26

27 UNDERGROUND BUS LOOP Currently in the conceptual stages of planning, the Underground Bus Loop will connect to stops at George St, Queen St, Albert St and Adelaide St as a method to ease traffic congestion and reduce travel times. Stage Value Time period Key areas Benefits This project is currently in the Concept phase Approx. $2.2 billion Undetermined at this point in time Brisbane CBD Takes buses off city streets and give drivers a simple, congestion-free run through the CBD. This also presents an opportunity for extra bus tunnels to be installed to further increase the capacity of the bus network. KINGSFORD SMITH DRIVE UPGRADE Kingsford Smith Drive is one of Brisbane s key roads and the upgrade is aimed at reducing congestion during peak hours and improving traffic flow and road safety. This upgrade is a long overdue game changer for the northern suburbs. Stage Value This project is currently in the Concept phase $650 million Time period Completion due mid-to-late 2015 Key areas Benefits North Brisbane Greatly reduced congestion and increased safety for one of Brisbane s major transport corridors. The Queensland Government has prioritised investment in key economic infrastructure for Brisbane; the top 45 projects in the city alone total nearly $50 billion dollars, and there are many more planned in varying shapes and sizes. While the city was once considered to be lagging behind its interstate cousins in the infrastructure game, this is all changing. BLAXLAND TERRACES PAGE 27

28 BENEFITS Provide sustainable and active transport options that reduce carbon emissions every full train on the new line will take about 600 cars off the road Help reduce congestion on the road network, including the Bruce Highway, and free up capacity for journeys that can t be made using public transport Provide sustainable and active transport options that reduce carbon emissions every full train on the new line will take about 600 cars off the road Provide better access to major employment centres both within and outside the Moreton Bay region Help attract investment to the area and create business opportunities Act as a catalyst for growth along the alignment, with stations becoming hubs of new development in BLAXLAND TERRACES PAGE 28 the region.

29 AREA MAP LOCAL GOVERNMENT AREA MAP BLAXLAND TERRACES PAGE 29

30 Living at Blaxland Terraces is ideal... BLAXLAND TERRACES PAGE 30

31 LOCATION 45 BLAXLAND CRESCENT, REDBANK PLAINS BLAXLAND TERRACES PAGE 31

32 SITE PLAN BLAXLAND TERRACES, REDBANK PLAINS BLAXLAND TERRACES PAGE 32

33 SCHEDULE OF FINISHES STANDARD EXTERIOR GENERAL Termite protection Rendered Brick and FC Cladding Concrete Slab Colourbond gutters, fascia, downpipes Tiled Roof 2400mm ceilings Aluminium powder coated windows and sliding glass doors Insect screens to all windows Panel Lift Garage Door Two (2) handset remote controls for garage door Fully painted internally and externally Colourbond balcony rails and handrails Ceiling Insulation Exposed Aggregate Driveway Keyed window locks to all windows External lights as per builders selection Lockwood key lock 6 months defect liability period! 6 year structural guarantee! INTERIOR GENERAL Solar Hot Water Service Carpet to areas as per house design (2nd level and stairs) Floor tiles as shown on plan (lower level) Wall Tile as shown on plan Window treatments Australian Standard Smoke Alarm as required Light fittings installed Pre wire for two telephone points Two television outlets Gainsborough Whitehall Knob Passage sets, white or similar Private locks to bathrooms, toilet and main bedroom doors Built in robes where shown on plan with framed gyprock sliding doors or similar Painted timber handrails 2 x Split system air conditioners. TILES GENERAL Floor tiles to lower level and all wet areas (ensuite, bathroom, powder room, internal laundry). LAUNDRY Stainless steel tub & metal cabinet Tiles 600mm above tubs and washing machine space Single skirt tile to walls. BATHROOM / ENSUITE Custom made vanities with square edge doors Fully laminated vanity tops Vanity basins Caroma semi-recess basins Clermont tapware to bath, vanity basins, shower and laundry Pivot shower screens with clear glass Hobless shower floors Stylus Shower Bath acrylic bath Mirrors with frames above all vanities 3 x Toilet suites Chrome towel rail and toilet roll holder to bathroom/ensuite/powder room Wall tiles to 2.0m in shower Wall tiles 600mm above top of bath, on bath hob and under bath with single skirt tile Tile soap holders to showers. BLAXLAND TERRACES PAGE 33

34 KITCHEN Fully laminated kitchen including post form bench tops with square edge doors Kitchen wall with boarder detail Fully laminated overhead cupboards if shown on plan to a height of 2.1 meters Fully laminated pot drawer and pantry if shown on plan Lakeland 1.5 Stainless Steel sink Flickmixer tap to kitchen sink Slide out stainless steel range hood Ceramic electric cook top Stainless steel under bench electric oven Stainless steel dishwasher BLAXLAND TERRACES PAGE 34

35 FLOOR PLANS TYPE A-A1 Ground Floor First Floor BLAXLAND TERRACES PAGE 35

36 FLOOR PLANS TYPE B-B1 BLAXLAND TERRACES PAGE 36

37 FLOOR PLANS TYPE C-C1, C2, C3, C4 BLAXLAND TERRACES PAGE 37

38 Look forward to coming home when living at, Blaxland Terraces... BLAXLAND TERRACES PAGE 38

39 RENTAL APPRIASAL ONSITE MANAGEMENT BLAXLAND TERRACES PAGE 39

40 DEPRECIATION SCHEDULE BMT QUANTITY SURVEYORS BLAXLAND TERRACES PAGE 40

41 BLAXLAND TERRACES PAGE 41

42 DEMOGRAPHICS SOURCED FROM RP DATA HOUSEHOLD STRUCTURE Type Percent Couples with Children 50.4 Childless Couples 17.2 Lone Households 6.0 Single Parents 16.8 Other 6.7 Group Households 3.0 HOUSEHOLD OCCUPANCY Type Percent Renting 49.9 Purchaser 34.5 Owns Outright 12.8 Other 2.7 BLAXLAND TERRACES PAGE 42

43 RP DATA AREA PROFILE The size of Redbank Plains is approximately 18 square kilometres. It has 4 parks covering nearly 4% of total area. The population of Redbank Plains in 2006 was 9,081 people. By 2011 the population was 14,969 showing a population growth of 64.8% in the area during that time. The predominant age group in Redbank Plains is 0-14 years. Households in Redbank Plains are primarily couples with children and are likely to be repaying $ $2400 per month on mortgage repayments. In general, people in Redbank Plains work in a other occupation. In 2006, 66.3% of the homes in Redbank Plains were owner-occupied compared with 47.3% in Currently the median sales price of houses in the area is $330,000. MEDIAN SALES PRICE YEAR 2017 YEAR 2016 YEAR 2017 Period Median Price Median Price Median Price January $305,500 $318,500 $325,000 February $309,000 $320,000 $327,000 March $308,000 $320,000 $330,000 April $310,000 $320,000 $329,900 May $310,000 $321,000 $330,000 June $310,000 $321,000 n/a July $310,000 $325,000 n/a August $314,000 $325,000 n/a September $315,000 $325,000 n/a October $315,000 $325,000 n/a November $315,050 $325,000 n/a December $315,000 $325,000 n/a BLAXLAND TERRACES PAGE 43

44 RECENT MEDIAN SALE PRICES HOUSE Redbank Plains Ipswich Period Median price Median price June 2017 $330,000 $340,000 May 2017 $330,000 $339,500 April 2017 $330,000 $339,000 March 2017 $330,000 $338,000 February 2017 $327,000 $336,500 January 2017 $325,000 $334,000 December ,000 $331,000 November ,000 $330,500 October ,000 $330,000 September ,000 $330,000 August ,000 $330,000 July ,000 $330,000 UNIT Redbank Plains Ipswich Period Median price Median price June 2017 $305,000 $325,000 May 2017 $302,500 $328,000 April 2017 $305,000 $325,000 March 2017 $300,000 $324,950 February 2017 $300,000 $321,000 January 2017 $303,500 $319,000 December 2016 $302,000 $317,500 November 2016 $305,000 $315,000 October 2016 $300,000 $311,000 September 2016 $300,000 $310,000 August 2016 $300,000 $310,000 July 2016 $300,000 $310,000 LAND Redbank Plains Ipswich Period Median price Median price June 2017 $179,000 $190,000 May 2017 $178,250 $190,500 April 2017 $175,000 $192,000 March 2017 $174,400 $192,500 February 2017 $173,000 $192,000 January 2017 $172,500 $193,500 December 2016 $172,500 $194,300 November 2016 $171,500 $194,000 October 2016 $171,500 $194,000 September 2016 $169,500 $193,000 August 2016 $167,950 $192,000 July 2016 $167,950 $192,700 BLAXLAND TERRACES PAGE 44

45 SALES HOUSE Redbank Plains Period Number May May May May May May May May May May UNIT Redbank Plains Period Number May May May May May May May May May May LAND Redbank Plains Period Number May May May May May May May May May May BLAXLAND TERRACES PAGE 45

46 SALES BY PRICE HOUSE Redbank Plains Price Number <$200K 11 $200K-$400K 341 $400K-$600K 33 $600K-$800K 4 $800K-$1M 1 $1M-$2M 0 >$2M 0 UNIT Redbank Plains Price Number <$200K 7 $200K-$400K 60 $400K-$600K 0 $600K-$800K 0 $800K-$1M 0 $1M-$2M 0 >$2M 0 LAND Redbank Plains Price Number <$200K 242 $200K-$400K 19 $400K-$600K 1 $600K-$800K 0 $800K-$1M 0 $1M-$2M 0 >$2M 2 BLAXLAND TERRACES PAGE 46

47 CAPITAL GROWTH IN MEDIAN PRICES HOUSE Redbank Plains Ipswich Period % change % change May % 3.19% May % 2.17% May % 3.21% May % 4.35% May % -3.55% May % 3.12% May % 1.86% May % 3.18% May % 1.28% May % UNIT Redbank Plains Ipswich Period % change % change May % 6.34% May % 1.83% May % 4.45% May % 6.27% May % -2.54% May % 4.68% May % 9% May % 1.7% May % 7.07% May % 10.99% LAND Redbank Plains Ipswich Period % change % change May % 0.78% May % 6.67% May % 0.06% May % 2.8% May % -2.23% May % 0.56% May % 1.69% May % 4.12% May % 2.64% May % 6.85% BLAXLAND TERRACES PAGE 47

48 Benefit from all the perks of suburb living at Blaxland Terraces... BLAXLAND TERRACES PAGE 48

49 RECENT COMPARATIVE SALES SOURCED FROM RP DATA SOLD PROPERTIES BLAXLAND TERRACES PAGE 49

50 ON THE MARKET BLAXLAND TERRACES PAGE 50

51 All information in this report is collated from third parties and provided in good faith. No representation is given or implied as to its accuracy or its interpretation. All interested parties must rely on their own research before making an investment decision. BLAXLAND TERRACES PAGE 51