INFORMATION MEMORANDUM Fairfield Central Townsville NOW LEASING STAGE 2

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1 INFORMATION MEMORANDUM Fairfield Central Townsville NOW LEASING STAGE 2

2 Fairfield Central is a bustling suburban shopping centre located in Idalia, just 7km from Townsville CBD.

3 Introduction Currently home to a Woolworths Supermarket and 12 supporting specialty stores, Fairfield Central has performed exceptionally well with low vacancies and high yielding sales figures since opening. Recent additions to the complex include a Woolworths Plus petrol station and stand alone drive through Zarraffa s cafe. Stage 2 of Fairfield Central is currently under construction with Kmart secured and opportunities for another 25 (approximately) specialty shops. Stage 2 is anticipated to open in late 2015.

4 The Location Idalia is a suburb on the southern outskirts of the Townsville CBD precinct and has undergone a significant transformation over the past decade with the housing development Fairfield Waters turning it into an affluent, family friendly hub. Currently home to over 70,000 residents, this figure is set to climb significantly as the master planned Delfin Rocky Springs project, less than 10km from Fairfield Central, will see an additional 35,000 residents relocate to the area. Fairfield Central is easily accessible via The Bruce Highway and Lakeside Drive and is close to Townsville City, Lavarack Barracks, The Townsville Hospital and James Cook University. Bunnings is already operating adjacent to Fairfield Central, and a new Homemaker Centre is currently under construction.

5 CATCHMENT AREA 7km to Townsville CBD

6 Residents in the Fairfield Central Catchment Area according to 2011 Census data: MOST OF THE 70,000 + POPULATION ARE OWNER OCCUPIERS MAJORITY FAMILIES WITH SCHOOL AGED CHILDREN HIGHER THAN AVERAGE HOUSEHOLD INCOMES STRONG REPRESENTATION OF YEAR OLD SINGLE PERSON HOUSEHOLD The Demographics

7 CAIRNS TOWNSVILLE ECONOMIC POWERHOUSE of North Queensland 2% AVERAGE POPULATION GROWTH Townsville is the economic powerhouse of North Queensland and with averaging population growth of over 2% per annum for a steady number of years, it is expected that the region will be in the top 10 biggest cities in Australia within the next 10 years. MACKAY ROCKHAMPTON GLADSTONE BUNDABERG BRISBANE TOP 10 BIGGEST CITIES IN AUSTRALIA WITHIN THE NEXT 10 YEARS STEADY GROWTH in economic downturn In recent times of global economic downturn and uncertainty,townsville has continued to experience steady growth with the local economy bolstered by diverse, robust industries including defence, education, manufacturing, mining, health, tourism and retail. The Economy

8 Stage 2 - The Opportunity Located on the corner of the Bruce Highway and Lakeside Drive with the highway rediversion giving the centre easy access from all directions of travel. Ample car parking on site, with most of the undercover spaces with pedestrian laneways linking the parking bays to marked crossings and the centre entrance. The Townsville region has shown strong demand for new shopping experiences. Kmart (only at one other location in the Townsville region) has already been secured as an anchor tenant in the second stage of construction, and with the Discount Department Store offering extended trading hours (to 9pm weeknights) this offers unparalleled convenience to residents in the target catchment area. Our proposed outdoor dining precinct will also offer residents ample dining options. THERE ARE LIMITED SPOTS AVAILABLE IN STAGE 2 AND WE ARE LOOKING TO ROUND OUT THE SERVICE OFFERING FOR THE LOCAL MARKET WITH A RANGE OF: SPECIALTY RETAILERS HEALTH & BEAUTY OUTLETS FOOD & BEVERAGE CASUAL OUTDOOR DINING SERVICES To suit the family or Massage, manicure or waxing Casual dining, juices & smoothies Offering dine in or take home Banks & building young adult market services and quick snack style spots for lunch and dinner options in our societies and other people to grab a bite to eat while proposed outdoor dining precinct places that people they do their shopping need to visit

9 WOOLWORTHS EXPANSION TO 4,000SQM IN 2016 PROPOSED STAGE 3 STAGE 2 OPENING 2015 STAGE 1 EXISTING WOOLWORTHS EXPANSION * This plan is indicative only and subject to change without notice. Anything indicated on this plan may be subject to council and/or other approvals.

10 Internal Mall View Outdoor Dining Area

11 10 YEAR PLAN * LE SVI L HOME MAKER CENTRE N TOW FAIRFIELD WATERS CBD 7km STAGE 1 New Left in-turn * Plan is indicative only and subject to change. Anything indicated on this plan may be subject to council or other approvals. FUTURE EXPANSION rive FUTURE CENTRE EXPANSION STAGE 2 lakeside D STAGE 3 WOOLWORTHS EXPANSION D'Arcy Drive

12 Kmart The Kmart team are thrilled to be a part of the exciting Fairfield Central Stage 2 project. Our store at Fairfield Central will be the first new Kmart store in Townsville since the opening of Aitkenvale in 1977! The Fairfield store is a great opportunity for Kmart to bring our low prices on everyday items to this growth area of Townsville. Our new store concept provides customers with an inspiring and easy shopping experience with the introduction of three worlds kids, home and clothing each with its own distinctive look and feel. Our new store design features include bold colours, clear navigational signage, fitting rooms and checkouts along with combined photo processing, entertainment and lay-by counters to provide an easy way to access these great services. Fairfield Central is the Gateway into Townsville from the south and, as a proud partner with Lancini, we are thrilled at the prospect of complementing the existing Fairfield offer with the expansion. GUY RUSSO MANAGING DIRECTOR KMART

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14 FOR LEASING ENQUIRIES PLEASE CONTACT ADAM MARTIN OR HANNA PEARD ANOTHER QUALITY PROJECT BY JOINT VENTURE PARTNERS LANCINI PROPERTY & DEVELOPMENT AND FAIRFIELD WATERS Whilst care and diligence has been exercised in preparing this document, no warranty is given as to the accuracy of the information in this document, and no liability is accepted for any loss or damage that may be suffered as a result of reliance on the information in this document.