EXECUTIVE SUMMARY Welcome to Parkside, the Southside s most anticipated new residential community in the heart of it s favourite postcode, 4122. Wishart, Mansfield and Mount Gravatt are synonymous with growing families, excellent schools, shopping centres, sports and recreational facilities. This evergreen location has proved very popular among home buyers who recognise the best that Brisbane has to offer. The arrival of Parkside at Wishart is a fresh and exciting opportunity for a diverse range of buyers to purchase a quality new townhouse at an entry level price, in an estabilished and enviable neighbourhood. The terrific location of Coora Street means proximity to a wide variety of key services and facilities, including bikeways and public transport. Community parks, picnic areas and sporting grounds all feature alongside primary, secondary and tertiary education centres, state-of-the-art shopping destinations and entertainment options. The expansive natural environment is also a key asset for Parkside, which adjoins the 19km long Bulimba Creek Bikeway and connects with the Boorabbin Picnic Grounds and Wishart Community Park. Smaller local parks also populate the immediate catchment, as does the Mount Gravatt Outlook Reserve just 7km from home. DESIGNED WITH LIVEABILITY AT TOP OF MIND INTERNAL PERSPECTIVE 2
PROJECT SUMMARY ADDRESS THE PROPERTY NO. OF TOWNHOMES PARKING PRICE RANGE RENTAL ESTIMATE BODY CORPORATE COMMENCEMENT COMPLETION LEVELS SIZE AIRCONDITIONING SECURITY 68 COORA ST WISHART 4112 3 BED TOWNHOMES 115 2 PER TOWNHOME $462,000 - $473,000 $440 - $460/WEEK (APPROX) $2,298/ANNUM STAGE 1 4TH Q 2015 STAGE 2 2ND Q 2016 STAGE 1 4TH Q 2016 STAGE 2 2ND Q 2017 2 LEVEL TOWNHOMES 136M 2-149M 2 LIVING AND ALL BEDROOMS PRIVACY FENCING, REMOTE CONTROL ROLL-A-DOORS, SECURITY SCREENS DISPLAY SUITE DEVELOPER ARCHITECT COUNCIL AVAILABLE AR DEVELOPMENTS AR DEVELOPMENTS BRISBANE CITY COUNCIL DEPOSIT AMOUNT ACCEPTED DEPOSIT SELLER SOLICITOR SELLER SOLICITOR TRUST A/C BSB A/C NO SWIFT CODE TRANSFER REFERENCE 10% CASH/BANK GUARANTEE TOBIN KING LATEEF TOBIN KING LATEEF TRUST ACCOUNT 034000 217408 WPACAU2S & UNIT NO. EXTERNAL PERSPECTIVE 3
LOCATION - BRISBANE
LOCATION - WISHART
LOCATION - PUBLIC TRANSPORT WISHART WISHART
LOCATION - DISTANCE 1.4km 2.9km MANSFIELD STATE HIGH SCHOOL WESTFIELD GARDEN CIT Y 3.2km 1.7km 250m BUS STOP MANSFIELD STATE SCHOOL 700m WISHART FOODWORKS 700m WISHART MEDICAL CENTRE MANSFIELD TAVERN 2.2km WISHART STATE SCHOOL 5.2km 5.9km SUNNYBANK PRIVATE HOSPITAL MT GRAVATT PLAZA 5km MACGREGOR STATE HIGH SCHOOL BRISBANE CBD 6km QUEEN ELIZABETH II JUBILEE HOSPITAL 5.4km 14km 10km ARCHERFIELD AIRPORT 6km GRIFFITH UNIVERSITY SUNNYBANK PLAZA 20km BRISBANE AIRPORT 5.8km PACIFIC GOLF CLUB 7
SITE PLAN N 8
FLOOR PLAN 9
SCHEDULE OF FINISHES GENERAL AND OUTDOOR - CONTEMPORARY ARCHITECTURAL TOWNHOUSE DESIGN BATHROOM AND LAUNDRY - MODERN CHROME SHOWER AND TAP FITTINGS NOTE: THE DEVELOPER SHALL HAVE THE RIGHT TO SUBSTITUTE ALTERNATIVE ITEMS OR CHANGE THE FINISHES AND FITTINGS TO COMPLY THE CONDITIONS OF THE DEVELOPMENT APPROVAL, SUIT NECESSARY SITE VARIATIONS OR AVAILABILITY WITHOUT THE CONSENT OF THE PURCHASER - PRE-HANDOVER PROFESSIONAL CLEAN - STONE TOP VANITIES - TERMITE BARRIERS - FULL EN-SUITE TO MAIN BEDROOM - CLOTHESLINE WITH CONCRETE SLAB - EXHAUST FANS TO BATHROOMS - LOW MAINTENANCE LANDSCAPING TO TOWNHOUSES AND COMMON AREAS - PRIVACY FENCING - TELEVISION ANTENNA - CONCRETE INTERNAL ROADWAYS, DRIVEWAYS AND CAR PARKING - REMOTE OPERATED ROLL-A-DOORS KITCHEN INDOOR - AIR CONDITIONED LIVING AREAS - SECURITY SCREENS TO ALL DOORS ARE WINDOWS - VERTICAL BLINDS TO SLIDING DOORS AND WINDOWS - CEILING FANS TO ALL BEDROOMS - QUALITY CERAMIC TILING TO ALL LIVING AREAS AND BATHROOMS - CABINETRY - QUALITY CARPET TO BEDROOMS - ELECTRIC COOKTOP - LINEN CUPBOARD - STONE BENCH TOPS - WASHABLE PAINT TO WALLS - STAINLESS STEEL OVEN AND SLIDE OUT RANGE HOOD - MODERN FLUSH PANEL DOORS WITH STYLISH DOOR FURNITURE - DISHWASHER - SMOKE DETECTORS (HARDWIRED WITH BACKUP BATTERY) - GARBAGE DISPOSAL - TV AND TELEPHONE POINTS - TILING FROM BENCH TOPS TO UNDERSIDE OF CUPBOARDS - ENERGY EFFICIENT LIGHT FITTINGS THROUGHOUT 10
RENTALS 11
DEPRECIATION SCHEDULES ESTIMATE OF DEPRECIATION CLAIMABLE TYPICAL 3 BEDROOM TOWNHOUSE, 68 COORA ST, WISHART, QLD 4112 ESTIMATE OF DEPRECIATION CLAIMABLE TYPICAL 3 BEDROOM TOWNHOUSE, 68 COORA ST, WISHART, QLD 4112 12
QUEENSLAND RESEARCH QUEENSLAND POPULATION CONTINUES TO GROW QLD s population was 4,560,060 at 30 June 2012 after growing by 85,960 or 1.9 per cent over the year. QLD s annual population growth rate in the year to 30 June 2012 at 1.9 per cent was greater than that recorded at the national level (1.6 per cent) QLD s population is projected to double to around 9.1 million people by 2056 - Australian Bureau of Statistics QUEENSLAND ECONOMIC PERFORMANCE & OUTLOOK - The QLD economy is expected to be the fastest growing of all the states from next year, with Gross State Product (GSP) forecast to rise 3% in 2014-15 and 6% in 2015-16, stronger than the 2.5% & 3% growth forecast nationally over the same period - Supported by sustained low interest rates, rising asset prices and a lower exchange rate, economic growth in 2013-14 is expected to be underpinned by household consumption growth, a recovery in dwelling investment and a significant contribution from net exports QLD offers a range of business advantages including a stable economy, supportive government, and a solid growth forecast. QLD s low operating costs, highly skilled workforce and stategic Asia-Pacific location create an attractive investment decision - Budget Strategy and Outlook 2014-15 13
BRISBANE RESEARCH BRISBANE IS A NEW WORLD CITY Energised, enterprising, innovative and open-minded; these are Brisbane s defining cultural values. Brisbane is a place where people collaborate and make things happen, where ideas are born and initiatives get off the ground. Strategically positioned, we are Australia s gateway to Asia. We are blessed with blue-sky optimism and creativity. WE BELIEVE ANYTHING IS POSSIBLE BRISBANE IS A SUBTROPICAL CITY Brisbane s enviable subtropical climate and relaxed, outdoor lifestyle characterises our city. Shady, tree-lined streets, outdoor dining, riverfront parks, urban plazas, verandas and balconies are all a way of life in our city. Our natural climate provides year-round comfort that is the envy of the world. WE LIVE OUTDOORS BRISBANE IS THE RIVER CITY The meandering Brisbane River is Brisbane s most defining natural form that characterises our river city. It has shaped the growth of our city and plays an ever-changing role in its evolution. It is a focal point for city-wide celebrations like Riverfire, its banks are lined with some of Brisbane s most popular places and its CityCats and ferries are icons of our city. The river is party of our identity and our single biggest amenity asset. OUR CITY & OUR RIVER ARE INSEPARABLE 14
BRISBANE RESEARCH BRISBANE MARKETING (2014) 15
WISHART RESEARCH HIGH DEMAND MARKET Characterised by low-set weatherboard houses with traditional Australian backyards mixed with newer housing developments, Wishart is about 14km south-east of the Brisbane CBD. The majority of the dwellings were constructed in the 1940s, 50s and 60s, and are being renovated as new residents RESIDENTIAL VACANCY RATES INNER CITY BRISBANE SUBURBS 3.5% 3.3% VACANCY RATES move into the area. Wishart is also close to the South East Busway, which makes accessing the CBD and other suburbs relatively convenient. Educational facilities offered to local residents include Brisbane Adventist College, St Catherine s Catholic Primary School, and the Wishart State School. VISITS PER PROPERTY 10,460 Neighbouring suburbs offer schools such as Mt Gravatt State High School, Mt Gravatt East Primary School, Christian Outreach College and St Agnes Catholic Primary. Residents are also close to Griffith University and Moreton and Mt Gravatt East TAFE Institutions. Local shops are complemented by major retailers located at Garden City Shopping Centre and Westfield Carindale. LIFESTYLE ONLY 14KM TO THE CITY & CLOSE TO PUBLIC TRANSPORT, MAJOR ARTERIALS & SHOPPING CENTRES. WISHARTIS CONVENIENT & FAMILY-FRIENDLY 16
WISHART RESEARCH EMPLOYMENT DWELLING STRUCTURE HOUSES TOWNHOMES UNITS 1% 18% 81% FULL TIME NOT IN LABOUR FORCE PART TIME UNEMPLOYED; LOOKING FOR WORK EMPLOYED; AWAY FOR WORK OTHER 3% 2% 2% 20% 32% 40% HIGH DEMAND FOR FAMILIES HOME OWNERSHIP SOURCES: Australian Bureau of Statistics Census 2011 FULLY OWNED BEING PURCHASED BEING RENTED PRIVATE RENTAL OTHERS SOCIAL HOUSING 2% 4% 7% 13% 37% 38% 17
DISCLAIMER The information and forecasts given in this document are predictive in character. Whilst every effort has been taken to ensure that the assumptions on which the forecasts are based are reasonsable, the forecasts may be affected by incorrect assumptions or by known or unknown risks and uncertainties. The ultimate outcomes may differ substantially from these forecasts. Information current as at October 2015. This information has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation or needs. The information may contain material provided directly by third parties, and while such material is published with permission, Platform Research Pty Ltd accepts no responsibility for the accuracy or completeness of any such material. Except where contrary to law, Platform Research intends by this notice to exclude liability for the information. The information is subject to change without notice and Platform Research is under no obligation to up-date the information or correct any inaccuracy which may become apparent later date. 18