parkcentralbrisbane com au

parkcentralbrisbane com au

unearth a world of colour introduction park central masterplan the big picture location a colourful city a new world city inside expand your palette living here park central one about as large as life amenity discover vivid vibrant design design contemporary colour interiors a kaleidoscope of opportunity investment bright choice the team Artist impression only.

unearth a world of colour What s your favourite colour? The lush green of a vertical garden? The shimmering blue of a crystal clear lagoon? Salmon pink like billowing clouds glowing in the western sky at sunset? Silver like gleaming boutique tapware or a stainless steel appliance? The bright red of a bocce ball as it bounces across a manicured green lawn? Whatever colour catches your eye, you ll find here at Park Central. Artist impression only.

100 shades of sheer accessibility and convenience Brisbane CBD 3.5km / 7 mins 6 3 8 10 4 1 Sunshine Coast 90km / 60 mins Brisbane Airport 17 km / 18mins the big picture 15 To City & Airport 13 2 14 19 20 22 11 16 23 A true transit oriented development, Park Central offers unrivalled connectivity to bus, rail, road and bikeways and is destined to be the hub of activity in the catchment. Park Central will connect via a retail plaza directly to the Buranda busway and rail stations. Just one stop on the busway connects you to South Brisbane and just 2 stops into the Brisbane CBD. 5 Dedicated bikeways link Park Central to the South East Freeway (north to Brisbane CBD and south to Mount Gravatt) and the Norman Creek Bikeway and Greenway. ENTERTAINMENT, SHOPPING & DINING EDUCATION 9 1. Brisbane CBD 3.5km 13. South Bank Institute of TAFE 2.5km 2. Southbank Dining Precinct 3km 14. Griffith University Southbank 3km 3. Fortitude Valley & China Town 4.5km 15. UQ St Lucia 2.5km 4. Queen Street Mall 3.5km 16. QUT Gardens Point 2.5km 5. The Gabba Stadium 1km 17. Buranda State School 100m 18 7 To Gold Coast Ipswich Road Pacific Motorway Logan Road 6. Suncorp Stadium 5.5km 7. Buranda Village 500m 8. Cultural Centre and GOMA 4km 9. Woolloongabba Dining and Antiques Precinct 1km 10. Queensland Performing Arts Centre 3.5km 11. Queen s Wharf Precinct 3km 12. Stones Corner Shopping & Dining Precinct 300m TRANSPORT Buranda Railway Station Buranda Busway HOSPITALS 18. Princess Alexandra Hospital 500m 19. Lady Cilento Children s Hospital 2km 20. Mater Hospital 2km RECREATION & GREEN SPACES 21. Hanlon Park 50m 22. South Bank Parklands 2km 23. City Botanical Gardens 2.5km 24. Thompson Estate Reserve 1km Pacific Motorway O Keefe Street 17 Main Roads Bicycle Tracks 21 Artist impression only. Gold Coast 79km / 55 mins 24 Old Cleveland Road 12

park central Discover Park Central, a $1B master planned transit oriented development located in Woolloongabba, just 7 minutes to the Brisbane CBD. This vibrant new community will comprise student accommodation and luxury apartments strategically positioned around an expansive private open space and a retail, entertainment and dining precinct. The Park Central master plan envisions over 4,000m2 of sky park, a private recreation space which will include a club lounge, outdoor dining and entertaining areas, lap and lagoon pool with infinity edge and waterfall, jogging track, outdoor gym equipment, table tennis, bocce, yoga lawn, grassed kick-a-bout area, outdoor cinema and fenced off-leash dog park. A true transit oriented development, Park Central offers unrivalled connectivity to bus, rail, road and bikeways and is destined to be the hub of activity in the catchment. While there will be no reason to leave Park Central the immediate area offers an eclectic mix of cafes, restaurants and services, over 5 hectares of parkland just across the road, and the CBD and South Bank lifestyle and entertainment precinct within easy reach. Artist impression only.

a colourful city Just across the river from the heart of Brisbane - a new world city with global appeal - Woolloongabba is bursting with life and Park Central is at the heart of it all. Enjoy all manner of shopping, from malls and boutique stores to markets, dining and Woolloongabba s famous antique precinct. Brisbane s population has grown to 2.4 million and it has the facilities, amenities and services to match. Schools of the calibre of Brisbane State High, St Laurences, Sommerville House, Anglican Church Grammar School and of course South Brisbane TAFE, QUT and University of QLD are all easily accessible. Copyright Destination Brisbane Consortium 2015 - artists impression only. Proposed Queen s Wharf Development World class hospitals including Mater Private, $1.5B Lady Cilento Children s Hospital and Princess Alexandra are all nearby, as are international standard sporting venues including the famous Gabba Cricket Ground. Entertainment and culture also with the Gallery of Modern Art, QLD Art Gallery, Museum, Performing Arts Centre, South Bank Parklands, Treasury Casino and the proposed Queen s Wharf casino and dining precinct all within a 5km radius.

expand your palette Park Central is a vibrant new community, fully selfcontained with everything you need at your doorstep including expansive private open space and a brand new retail, entertainment and dining precinct. Woolloongabba is positively bursting with life. Based around a tranquil yet invigorating park the Thompson Estate Reserve and Hanlon Park over 5 hectares residents will enjoy a decidedly active life, strolling, running, cycling along the extensive bikeways, or just having a kick about or a picnic in the park. A first class dining precinct, Woolloongabba has a smorgasbord of exquisite restaurants and cafes, such as Enoteca, C est Bon, Sunny Doll, Pawpaw Café, Café Essence and many more. With the CBD just 7 minutes away, Park Central will be inner city living at its finest. Everything your heart desires is all around you, while inside Park Central a myriad of recreational facilities await to please the body, mind and soul.

Artist impression only. Park Central One offers the very first opportunity to be part of this brand new master planned, transit oriented development. park central one Park Central One will deliver 168 1 & 2 bedroom luxury residences rising 18 levels plus a private rooftop taking in spectacular views of the City and surrounds. An easy 7 minutes to the Brisbane CBD, come home to the private rooftop deck for a swim or a workout in the fully equipped gym, or bat the breeze on the deck and admire the breathtaking city views.

as large as life Reflecting a design ethos for Buildings that Breathe, Park Central One references the neighboring green corridor via a vertical living facade that complements the adjacent parklands and draws them into the residences and up to a spectacular rooftop garden terrace taking in spectacular views of the Brisbane CBD and surrounds. Artist impression only.

Artist impression only.

discover vivid vibrant design Inspired by the architecturally designed façade, understated and classically-styled interiors are generous in size, with ample storage and durable finishes. A softened palette of natural tones, cream and timber is used throughout alongside penny tile splashbacks, integrated island bench dining and Bosch appliances. Artist impression only.

Artist impression only. complementary colours Each of the residences at Park Central One has been individually designed to make the most of its distinctive layout, maximising both space and views. It is free-flowing, open plan living at its best, offset by a most attractive contemporary colour palette. As soon as you enter your apartment, you ll be drawn into its bright and breezy spaciousness, accentuated with copious full-height glazing. From the beautiful designer kitchen with its feature splashback, reconstituted stone island bench and quality Bosch stainless steel appliances, right through to its spacious balcony. Beautiful, modern bedrooms and exquisite bathrooms blending both form and function complete the picture. Artist impression only. Artist impression only.

a kaleidoscope of opportunity major employment nodes Queen s Wharf Project $4 billion (commencing January 2017) Queen s Wharf is set to be a world-class integrated resort development, and will include a mix of six-star hotels, a casino, retail, dining, entertainment, theatre and convention uses. The development will attract visitors and investment to Brisbane, boosting the construction and tourism industries, and has the potential to promote greater interaction with the Brisbane River and key heritage sites. Cultural Centre Redevelopment Master Plan $1.5 billion The world-class multi-venue centre encompasses the Queensland Art Gallery, Gallery of Modern Art, Queensland Performing Arts Centre, Queensland Museum and State Library of Queensland a 20-year planning and design vision for the arts precinct. Princess Alexandra Hospital Located within Woolloongabba, Princess Alexandra Hospital is a 780 bed hospital with more than 6,000 employees. It is nationally recognised for its expertise in trauma management, is a major transplantation centre and is one of Australia s leading academic and research health centres. Lady Cilento and Mater Hospitals Precinct $1.5 billion Located close by in South Brisbane, the newly opened Lady Cilento Children s Hospital and the Mater Public and Private Hospitals comprise over 1,250 patient beds and employs over 10,000 staff. The precinct contains Queensland s premier paediatric and maternity centres and both public and private adult emergency and other medical services. transport infrastructure Brisbane Busway Network Brisbane Rail network population & demographics RESIDENTS AGED BETWEEN 20 AND 34 REPRESENT MORE THAN ONE-THIRD (35%) OF THE POPULATION LIVING IN THE WOOLLOONGABBA CATCHMENT. Transport usage Percentage of residents using services WOOLLOONGABBA 19.2% 6.5% BRISBANE LGA 14.6% 5.3% Brisbane boasts a highly integrated busway system through the inclusion of dedicated above and below ground travel paths for buses. The system includes the South East Busway and the Eastern Busway, which meet at Buranda Busway Station within Woolloongabba. The Queensland Rail City network is made up of ten suburban lines and two interurban lines. The Buranda Station is located on the Cleveland Line, providing connection to the Brisbane CBD in 15 minutes. Woolloongabba is strategically located within two kilometres of Queensland s largest employment node, the Brisbane CBD. The neighbouring suburb of South Brisbane has evolved into a major employment region offering residents opportunity to enjoy the Woolloongabba lifestyle, whilst having easy access to their place of work. Woolloongabba s proximity to major employment nodes, coupled with major transport infrastructure investment and organic employment growth will provide a strong facilitator for growth in the local residential market. Collectively, these employment nodes may equate to approximately 115,713 new jobs by 2031. Prepared by Urbis; Source: ABS Census 2011 employment 2.2% projected job growth 2011-2031 Woolloongabba Catchment* 2011 2031 New jobs Job growth 31,109 57,482 26,373 3.1% Brisbane CBD 156,545 222,178 65,633 1.8% South Brisbane & West End *Woolloongabba Catchment includes the suburbs of Dutton Park, Woolloongabba, Coorparoo, Greenslopes, & Annerley 22,741 46,448 23,707 3.6% Total 210,395 326,108 115,713 2.2% Who lives in Woolloongabba? Woolloongabba Brisbane LGA Average age of residents 35 36 Couple family (no children) 44% 37% Employed as professionals 34% 34% White collar workers 79% 74% Gen Y residents (20-34) 35% 22% Rented dwellings 52% 34% Average household size 2.3 persons 2.6 persons Average weekly rent $860 $750 Population projection 2005-2036 Woolloongabba Catchment 17,225 NEW RESIDENTS BY 2036 820 NEW RESIDENTS PER ANNUM 250 NEW DWELLINGS PER ANNUM Prepared by Urbis; Source: ABS ERP 2015, QGSO Projections 2016-2036 Prepared by Urbis; Source: ABS Census 2011

a kaleidoscope of opportunity residential analysis rental analysis SIGNIFICANT INCREASE IN POPULATION FORECAST IN THE WOOLLOONGABBA CATCHMENT WILL LIKELY DRIVE THE RESIDENTIAL APARTMENT MARKET MOVING FORWARD. Increasing demand for new apartments in the Woolloongabba Catchment can be attributed to a number of factors. The first being the relative affordability of apartments over houses in the catchment. The median apartment sale price for the period ending June 2016 was $435,000. Over the same period, the house market registered a median price of $750,000, equating to $315,000 affordability gap. Also supporting growth and driving demand in the Woolloongabba Catchment is proximity to employment, infrastructure and lifestyle amenity. In the past, as infrastructure and employment opportunities have increased within the catchment, so has demand for urban living. This has been demonstrated through the consistent long-term apartment price growth, which recorded an average annual median sale price increase of 4.5 per cent over the last 10 years to June 2016. Strong population projections within the Woolloongabba Catchment are expected to drive Woolloongabba s transformation into a thriving hub. Population growth in the suburb of Woolloongabba is set to increase by 5.5 per cent per annum over the next five years, with the catchment as a whole projected to welcome 17,225 new residents between now and 2031. Sustained apartment median price growth Woolloongabba Catchment* June 2016 Short Med Long 1 year 10 years 20 years 4.8% per annum 4.5% per annum 6.5% per annum Prepared by Urbis, Source: APM PriceFinder *Woolloongabba Catchment includes Woolloongabba, Annerley, Coorparoo, Dutton Park & Greenslopes. Woolloongabba's affordability offering Woolloongabba Catchment June 2016 At June 2016, Woolloongabba apartment sales represented an affordability gap upward of 40 per cent on house sales. House $750k Apartment $435k Prepared by Urbis; Source: APM PriceFinder Short term median price growth June 2015-June 2016 Gap $315k WOOLLOONGABBA HAS EXPERIENCED WEEKLY RENTAL PRICE GROWTH OF UP TO 8.2 PER CENT PER ANNUM OVER THE PAST 10 YEARS. Queensland s Residential Tenancies Authority (RTA) highlights the median weekly rental data for both existing and new one and two-bedroom apartments collected by postcode. In the quarter period ending June 2016, the 4012 postcode registered weekly rents of $255 and $440 for one and two bedroom apartments. Woolloongabba s accessibility to significant built infrastructure, amenity, and both local and major employment nodes positions it as a key residential area within Brisbane s inner suburbs. On-the-market rental data, which records advertised rents for new and near-new apartment product indicates that one and two-bedroom apartments in the region are attracting a rental price premium over existing stock. On-the-market new and near new one bedroom apartments have a median weekly rental price of $390 which is approximately $135 per week or 53 per cent more than existing stock. New and near-new two bedroom apartments have recorded a median weekly rent of $475, recording an 8 per cent premium over the existing market. Potential capital growth offered by a regenerating precinct paired with the suburb s strong gross rental yield is likely to drive the potential investment opportunity offered within Woolloongabba. On-the-market rental premium* Woolloongabba Catchment vs. Inner Brisbane June 2016 OTM RTA $390 $255 1 bed $475 $440 2 bed 53% 1 BED PREMIUM 8% Prepared by Urbis; Source: realestate.com.au Residential Tenancies Authority 10 year rental growth Woolloongabba Catchment vs. Inner Brisbane June 2016 Inner Brisbane Woollongabba Catchment* 1 BED 4.3% 5.3% Prepared by Urbis; Source: Residential Tenancies Authority Apartment vacancy rate Inner Brisbane (0-5km) 2 BED PREMIUM 2 BED 3.7% 8.2% 0.6% NEW APARTMENT MARKET 3.3% TOTAL MARKET Looking forward, as population growth and house price growth continue to drive apartment demand, increased market interest from both interstate and international investors is likely to remain strong. Woolloongabba (suburb only) $460,000 Woolloongabba Catchment* $435,000 15% p.a Despite Inner Brisbane recording a vacancy rate of 3.3 per cent for March quarter 2016, Urbis research has determined a tighter vacancy rate of 0.6 per cent for new apartment product in the same area. 4.8% p.a Brisbane LGA $442,000 1.6% p.a Prepared by Urbis; Source: APM PriceFinder

bright choice Established in 1980, Wee Hur Holdings Ltd is a listed company on the Singapore Stock Exchange, with core businesses in property development, construction, workers dormitory and purposebuilt student accommodation. Wee Hur has completed more than 100 construction projects since inception, while the property development arm has generated in excess of $1B worth of sales in both residential apartments and industrial units development. Wee Hur is also currently operating one of the largest foreign worker s dormitory in Singapore, housing 16,800 workers in one facility. Wee Hur s first foray into Australia was a $56.5 million acquisition of 3 plots of land at Buranda in March 2015, now collectively known as Park Central. Part of this master plan boasts Australia s largest purpose-built student accommodation, housing 1,578 students. Woods Bagot is a people architecture company. They place human experience at the centre of their design process in order to deliver engaging, future-oriented projects that are underpinned by three main tenants: Limitless Curiosity, Computational design based on the analysis of User Behaviour, and Super Typologies. Woods Bagot do this as a global design and consulting studio with a team of over 1000 experts working across 17 studios in Australia, Asia, the Middle East, Europe and North America. The Woods Bagot global studio model allows them to work collaboratively across time zones and borders, using the latest technology to share design intelligence and strengthen their knowledge base around the world. www.woodsbagot.com Wee Hur subsequently purchased a commercial office building in the Brisbane CBD near King George Square in March 2016 for $63 million. Wee Hur s motto Prudence in our ways; Excellence is our aim has paved the way to continual success and earned Asia s 200 Best Under A Billion in 2013 and 2015 by Forbes. www.weehur.com.sg parkcentralbrisbane com au

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