Shell Cove. The Waterfront Retail Precinct Stage 1: Construction commencing in 2017 SUMMER 2016

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1 Shell Cove SUMMER 2016 Welcome to the latest 2016 edition of Cove Life, newsletter of The Waterfront, Shell Cove. This issue reflects the real sense of excitement and anticipation surrounding every aspect of the Shell Cove community at present; in particular the development of The Waterfront boat harbour and town centre. We invite you to read all about the recent construction progress of the future boat harbour, in particular the breakwater and groyne, Harbour Boulevard and the latest news for the future town centre. There s also an update on recent home and land releases at The Waterfront, Shell Cove, plus we report on the success of the latest Community Open Day, designed to give the local community and future residents a first-hand glimpse of the construction activity on site. We also interview Tim Clarke, Project Sales Manager for The Waterfront Shell Cove, about the Shell Cove lifestyle and why it has such great appeal to prospective buyers throughout the South Coast and the wider Australian community. In addition we spoke to Retail Development Manager, Layne O Neill, about progress on the town centre. Happy reading! Nigel Edgar General Manager NSW Residential Frasers Property Marianne Saliba Mayor Shellharbour City Council Artist s impression of the water front retail precinct The Waterfront Retail Precinct Stage 1: Construction commencing in 2017 Preparations for the development of The Waterfront s town centre and centerpiece retail precinct are well underway, with construction of the first stage scheduled to begin in This first stage of development will include a range of specialty retailers plus the completion of some public domain and landscaping elements, including the public piazza, main street and public art works. The vision for Stage 1, says Layne O Neill, Frasers Property Australia s Retail Development Manager, is to provide the Shell Cove community with convenient neighbourhood shopping on their doorstep; a place to grab a coffee, meet friends and pick up family essentials from a range of retail outlets. Stage 1 expected to officially open during Stage 2 is currently in design phase, adds Layne, and will include a waterfront restaurant precinct with north-facing alfresco dining overlooking the new harbour. Continued page 2.

2 Continued from page 1. Layne O Neill Artist s impression of The Waterfront Upon completion, the new town centre will become a social and shopping destination for the entire South Coast region, offering a vibrant village atmosphere with a supermarket and fresh food shops, specialty retail outlets, harbourfront cafes and restaurants and a waterfront tavern; the perfect place to relax, socialise and shop while taking in the panoramic harbour views. Breakwater Construction: New Contract Awarded A key milestone for the project was attained in September this year with local firm Coastwide Civil being awarded the contract to construct the breakwater and groyne and to dredge the entry channel providing access to the harbour. A family owned and operated company, Coastwide Civil, has completed the first stage of boat harbour works and is currently substantially advanced on the second stage, which includes the excavation of the inner harbour, formation of the edge treatments and placement of piling for the boardwalk. The breakwater has been designed to extend 467 metres from the dune into the ocean with a water depth of 10 metres at its head. The groyne will extend to a length of 282 metres. The construction has been brought forward to enable large rocks, which have been sourced from the boat harbour excavation and local quarries, to be moved Glenn Colquhoun at the breakwater In September, local firm Coastwide Civil were awarded the $23 million contract to commence constructing the breakwater and groyne almost a year ahead of schedule. to their final location rather than stockpiled on site. Construction of the breakwater is an exciting milestone in the development of this world class marine facility that has been 30 years in the making, said Shellharbour City Council Mayor, Marianne Saliba. There is an extensive amount of work that goes into every aspect of this vast, complex development and I am pleased that it is in such capable hands, she added. The early commencement of the breakwater and groyne construction will ensure that the overall program target date of completion by beginning 2019 will be achieved. COVE LIFE Summer 2016

3 Sales Update All recent land and home releases at The Waterfront Shell Cove have been met with strong demand, reflecting the incredible appeal of the lifestyle to buyers throughout the South Coast community and beyond. The Drift Land Release in June, comprising 29 premium land lots ranging from 366m2 to 723m2 in size and priced between $465,000 - $685,000, was sold out on the first day. Local press reports at the time stated that the homesites benefited not only from the convenience of the local town centre and the regional shopping centre being a short drive away, but also from the array of lifestyle activities in the local area. It was a similar story with the recent Portside Homes Release boasting 22 new homes for sale within the Anchorage Precinct at The Waterfront, Shell Cove and ranging in price from $595,000 to $1,025,000. A sell out on Day One! To be completed in late 2017, the 22 new homes range from two-bedroom terraces to four-bedroom townhomes, with a variety of configurations in between. Each has been designed for holistic living, where the outside is given as much consideration as the inside, enabling residents to enjoy a brand new home and immerse themselves in the Shell Cove lifestyle. New Home Designs Introduced to The Waterfront in 2016 The Starboard Homes Release in July was noteworthy as it saw the introduction of two new home types - a 3 Bedroom Garden Terrace and a 2 Bedroom Bay Terrace. Designed by Frasers Property s design team, to reflect the market s needs, both designs proved to be the most popular home types amongst buyers on the day. 2 Bed Bay Terrace Bay Terrace living space flowing out onto the alfresco dining Both homes incorporate features from Shell Cove s traditionally and intelligently designed dwellings but at a lower entry level price point, thereby catering to first home buyers, investors and downsizers who want a fantastic layout in a more compact setting, at a more affordable price. Bay Terrace alfresco dining area Each of the homes also has its own parking and provides highly functional indoor and outdoor living spaces to maximise open plan living, while incorporating a covered alfresco area for easy entertaining any time of the year.

4 The Waterfront Lifestyle. An Insider s View Many people are keen to experience The Waterfront lifestyle. But what will it really be like? What do you think makes The Waterfront different to other developments? Tim Clarke In this article we interview Tim Clarke, Project Sales Manager for The Waterfront Shell Cove about its unbeatable lifestyle. Tim talks with residents and prospective purchasers, architects and planners almost every day, so he has an extensive knowledge of the project and the lifestyle it will offer. Tim, people generally buy a home because of location, amenity and lifestyle. From your experience what are the key lifestyle attributes of The Waterfront that most appeal to buyers? The flat easy walk to the future shops, restaurants, the marina and beach, as everything will be on your doorstep, offering a fantastic lifestyle seven days a week. Streetscape at The Waterfront There is no other project like The Waterfront across NSW. Besides the quality and sheer size of the marina and town centre facilities, the adjoining infrastructure such as the new train station, medical centre, golf course, surrounding beaches and state parkland bordering Shell Cove makes Shell Cove stand out from other developments across Australia s Eastern Seaboard. Is there anything extra special about the designs of homes being built there? How do they impact on lifestyle? The home designs at The Waterfront are all high standard and take into consideration solar orientation, coastal breezes, functionality and liveability to improve lifestyle and comfort. All designs are carefully crafted by Frasers Property s design team so buyers can be assured their home design and build will be of the highest quality. The Waterfront will be a unique lifestyle destination unlike any other on the Eastern Seaboard. Can you explain exactly what this means please? Here you can live in one of the country s most idyllic locations, close to the ocean and beach. Yet here you re also able to enjoy the benefits of a future town centre, which will boast restaurants, cafés, shopping plus a community centre and library. It will also feature a new family friendly tavern perched over the water s edge and overlooking a world class marina in a boutique harbour that is around 30% larger than Darling Harbour, with up to 300 marina berths. A new hotel is also planned which will provide accommodation for visitors to enjoy. Visitors will also be able to enjoy a range of charter tours such as dolphin/whale watching, diving and charter fishing. All only 2 hours from the heart of Sydney. Interested in The Waterfront lifestyle? You are invited to visit watch?v=dc7rxsz_cpe for a sneak peek of what s to come. Future Harbour Foreshore COVE LIFE Summer 2016

5 Harbour Boulevard Update Aerial view of the new Harbour Boulevard Construction of the first stage of Harbour Boulevard is now near complete, with much of the road now asphalted and lined with plantings of mature Cooks Pine trees. In addition, two bridge structures are also now significantly progressed. The next stage of the roadworks, linking Stage 1 through to the intersection of Shellharbour Road and Wattle Road, will commence in 2017; whilst the third and final stage will comprise the connection through to Bass Point Tourist Road. This first stage of the roadworks comprises a 1.5km length of Harbour Boulevard which, when fully completed, will extend 2.3km from its intersection at Wattle and Shellharbour Roads through to Bass Point Tourist Road. Now that this current stage is near complete, a temporary pathway has been reinstated to provide access through to Shellharbour Village and Shellharbour South Beach. Community Open Day a Huge Success! Visitors attending the Community Open Day on 17 September A tremendous turn up of over 400 visitors were welcomed at the Community Open Day at Coastwide Civil s site office and carpark on 17 September. As part of the Open Day offering, they received updated project information, viewed the masterplan animation and also enjoyed a bus tour of the boat harbour construction works. It was great to see the excitement in people s reactions to the construction, especially with the breakwater and groyne commencing only recently, stated Mr Glenn Colquhoun, Development Director Shell Cove, Frasers Property Australia. It is so important to open the site to the community and future residents so they can feel a connection to the development of their marina and town centre and be a part of the whole process.

6 A masterplanned residential community created by Frasers Property & Shellharbour City Council. Local at heart but international of mind, Frasers Property Australia creates real places for real people. From warm family homes to dynamic spaces for business, our over 90 years experience in Australia guarantees quality and reliability every time. With $23 billion in assets across over 70 cities around the world we have the strength and experience to make a real difference, and we re fixing our sights on making a contribution to important issues such as sustainability and livability into the future. We understand the human side of property. It s our greatest asset. Our service focuses on making things simpler and easier for real people, because everything we do is about making a real difference to people s lives and caring deeply about how they will benefit. The difference is real. Shellharbour City Council leads by example in balancing the area s natural beauty with the needs of a growing community. Through its framework of a City of Vision, the Council is focused on achieving results for dynamic and sustainable developments for a modern society, directly or in partnership. These results can be seen in Shell Cove, Illawarra Regional Airport, Stockland Shellharbour Shopping Centre, Croom Regional Sporting Complex, Myimbarr Community Park, The Links Shell Cove Golf Course, Shellharbour City Stadium, Albion Park Airport and the Shellharbour Civic Centre. Our Customer Relations Team are here to help. If you have any questions, please call or customerservicensw@frasersproperty.com.au The information and images in this brochure are intended as a general introduction to The Waterfront, Shell Cove and do not form an offer, guarantee or contract. This material was prepared prior to the completion of the design and construction of the amenity and facilities described. All amenities and facilities described are subject to final planning and approval. Whilst every care is taken to ensure that the content in this brochure is correct, this information is to be used as a guide only. Please note that changes may be made during the development process and plans, dimensions, areas, specifications and landscaping may be changed without notice. The computer generated images are artist s impressions and are indicative only. All distances provided are approximate walking distances. Purchasers must rely on their own enquiries and the Contract for Sale. This brochure is indicative only and is not an offer of contract. An approved quarry operates between Shell Cove and Bass Point. Printed November Enquire today