107 cambridge VIC

107 Cambridge

Prepared byMARCH 2015

Last Updated 06/03/2015 This document has been prepared by Pacific East Coast Pty Limited (PECPL). The information including all estimates, calculations, opinions or recommendations contained in this document have been provided in good faith and have been based on information received from sources PECPL has accepted in good faith. No warranty is made as to the accuracy or reliability of any information contained in this document and neither PECPL nor any persons involved in the preparation of this document accept any form of liability for its content. All images in this document are for general information only and do not constitute any representation to be relied on. All interested parties must make their own enquiries and obtain independent advice. This document is not to be reproduced in any part without the explicit permission of PECPL and all copyright remains with PECPL. Any person or entity wishing to use all or part of this document must contact PECPL to gain permission.

COLLINGWOOD

TABLE OF CONTENTS

KEY POINTS OVERVIEW_________________________________________________

LOCATION________________________________________________________________

ARTIST IMPRESSIONS___________________________________________________

LEVEL PLANS____________________________________________________________

FLOOR PLANS____________________________________________________________

SPECIFICATIONS_________________________________________________________

DEVELOPER PROFILE____________________________________________________

DEMOGRAPHIC REPORT_________________________________________________

INDICATIVE DEPRECIATION_____________________________________________

RENTAL APPRAISAL______________________________________________________

GENERIC CASH FLOWS___________________________________________________

1-6

7-8

9-11

12-13

14

15

16

17-19

20-22

23

24-27

KEY POINTS OVERVIEW

• 63% of Collingwood residents are tenants

• The median value of houses and apartments in Collingwood is $814,000 and $582,000 respectively

• Detached and semi-detached apartments comprise 77% of all dwellings in Collingwood

• As at February 2015, the asking rent for two bedroom apartments in Collingwood is $560.30 per week which is a 7.4% increase over the past 12 months and 4.3% increase over the past 3 years

• Residex reports as at December 2014 the median rental for apartments in Collingwood is $520 per week

• As at December 2014, the vacancy rate for Collingwood is 1.7% compared to 6.3% for Melbourne CBD

• The weekly family income for Collingwood residents is $1,723 compared to the Victorian average of $1,263

• Collingwood’s desirability as a place to live has driven up median apartment prices by 9.56% over the last 12 months and almost 35% over the last 5 years

• The population in Collingwood is growing rapidly and is expected to increase by over 2,500 people by 2026, at an annual growth rate of 2.11%

• The area surrounding 107 is home to a young demographic with 37% of residents aged between 25-34, creating demand for well designed and located accommodation

SOURCE: Residex ,SQMresearch.com.au

PAGE 1

THE SNAPSHOT

THE MARKET

Set in the heart of the popular Foy & Gibson heritage precinct in thriving Collingwood, 107 Cambridge is the latest release from prominent Melbourne developer Gurner. In collaboration with renowned architects Elenberg Fraser, 107 is inspired by the lofts of New York’s East Village and Meat Packing District with a contemporary Melbourne design.

Expansive balconies feature perforated aluminium screens that can be adjusted for light and privacy and allow living spaces to extend outdoors. Each loft residence maximises space and delivers premium materials such as timber flooring, bespoke fittings and joinery and intelligent storage solutions. High end retail spaces and gourmet cafe integrate 107 providing residents with premium local produce moments from home.

With it’s unique blend of designer boutiques, gourmet restaurants (125 within a 15 minute walk), latest bars and cafes, Melbourne’s best universities & hospitals, finest parks and gardens, and thriving arts precinct all easily accessed by foot or tram, the inner-urban hub of Collingwood is a true lifestyle destination.

TM

KEY POINTS OVERVIEW

• Ilve appliances including oven, gas cook top, range hood and semi-integrated dishwasher• bronzed mirror splashback• stone bench tops• 2 pac custom designed joinery with perforated metal• matt black taps to kitchen and bathroom• timber flooring to kitchen and living (to PEC purchasers only)• reverse cycle heating and cooling to living area• custom designed vanity to bathroom• 5 star ESD recessed down lights throughout• double glazing• video intercom• secure car park with internal access

PAGE 2

mid 2015 early 2017 60 months after the Day of Sale no earlier than 62 months after the Day of Sale

$1,100 - $1,800 $900 $1,700 - $3,000

Strata Titled Apartments

Gurner To be appointed Elenberg Fraser

Developer: Builder: Architect / Interior Design:

Estimated Commencement DateEstimated Completion DateSunset Clause:Bank Guarantee expiry date:

Building Depreciation Rate: Building Depreciation: Equipment Depreciation:

2.5% $416,145 $26,129

Investment StructureOff-the-plan

Key Dates

Estimated Depreciation (Two bedroom apartment)

Estimated Outgoings (per annum)

Council Rates:Water Rates:Owners Corp Levies:

Development Team

THE FINISHES

THE SUMMARY

KEY POINTS OVERVIEW

PAGE 3

WHY TO INVEST IN COLLINGWOOD

5.9%

35%

As a result of low rental vacancies, yields are extremely strong. Indicative rental yields of 5.9% and median weekly rental of $450.SOURCE realestate.com

Collingwood's desirability as a place to live has driven up median unit prices by 9.56% over the last twelve months and almost 35% over the last 5 years! SOURCE yourinvestmentpropertymag.com.au

TOP 10 REASONS to INVEST in COLLINGWOOD

No 02 RENTAL YIELDS No 05 LIFESTYLE

No 04 DESIRABILITY

Collingwood is unique in its offering of a cosmopolitan life from restaurants, cafes, lounges, boutiques and weekend markets. Collingwood has everything at its doorstep and within walking distance to the CBD.

No 01 RENTAL VACANCY

Vacancy rates in COLLINGWOOD

Overall vacancy rate in MELBOURNE

0.9%2.7%

No 03 COOL FACTOR

Collingwood is leading the premiership race for off-the-plan apartment buyers in Melbourne, topping the list of realestate.com.au’s New Apartment Hotspots.SOURCE news.com.au

SOURCE sqmresearch.com.au

- 10 -

Collingwood is a dynamic suburb that has enormous cross geographical and demographic appeal due to its cosmopolitan vibe and accessibility, Collingwood is a highly sought after investment opportunity.

KEY POINTS OVERVIEW

PAGE 4

MEDIAN HOUSE PRICES

60%Almost 60% of the population are renters and aged between 19–44. The ideal rental demographic.SOURCE realestate.com

Collingwood is within short public transport access to Melbourne’s most prestigious education facilities.SOURCE myuniversity.gov.au

No 07 DEMOGRAPHICS

No 08 REGENERATION

No 06 ACCESSIBILITY No 09 EDUCATION

to MELBOURNE UNIVERSITY

to YARRA RIVER

to FITZROY GARDENS

from CBD

Students at MELBOURNE UNIVERSITY

Students at SWINBURNE UNIVERSITY

Students at RMIT

to MCG and SPORTING

PRECINCT

2km1.5km1.2km2km1.5kmWALK SCORE OF 92

Collingwood is going through a strong regeneration period, with over $13 million spent on the Collingwood Town Hall refurbishment and East Richmond Station precinct, $100 million to be spent on the Flinders Street Station restoration.

53,00027,00037,000

No10 AFFORDABILITY

GERTRUDE ST LANGRIDGE ST

PEEL ST

VICTORIA PDE VICTORIA ST

WE

LL

ING

TO

N S

T

CA

MB

RID

GE

ST

HO

DD

LE

ST

LE

NN

OX

ST

FITZROYGARDENS

PARLIAMENTHOUSE

GARDENS

ST VINCENTSPRIVATE HOSPITAL

JOHNSTON ST

STANLEY ST

JOHNSTON ST

BR

UN

SWIC

K S

T

NIC

HO

LSO

N S

T

FIT

ZR

OY

ST

SMIT

H S

T

COLLINGWOODSTATION

VICTORIA PARKSTATION

FITZROY

COLLINGWOOD ABBOTSFORD

NORTH RICHMONDSTATION

EXHIBITIO

N ST

SPRIN

G ST

PARLIAM

ENT

STATION

500 M

1 KM

1.2KM

800M

COLLINGWOOD

$739,500

ABBOTSFORD

$793,500

EAST MELBOURNE

$2,100,000

FITZROY

$1,026,000

CLIFTON HILL

$917,500

CARLTON

$855,000

Collingwood is extremely attractive for inner city buyers who are seeking a location with all of the benefits of Melbourne living with affordable prices. Annual capital growth is expected to be substantial over 2–5 years.SOURCE realestate.com.au

- 11 -

COLLINGWOOD

Collingwood is a place where trends are born. This inner-urban locale is highly desired for its mix of designer boutiques, gourmet restaurants and the latest bars, galleries and cafés.

ABBOTSFORD

Abbotsford is a suburb of Melbourne, 2km east of the city's Central Business District.

FITZROY

Fitzroy has a distinct personality defined by its diverse population. It has undergone significant growth and renewal, and is a buzzing area close to the CBD.

CARLTON

Carlton is a suburb of Melbourne, 2km north from the city's central business district. The suburb is well known for Lygon Street, its Victorian architecture and garden squares including Carlton Gardens, where the Royal Exhibition Building is located.

EAST MELBOURNE East Melbourne is home to several major cathedrals, hospitals and expansive green spaces. It has many glamorous houses and historic residences.

CLIFTON HILL

Clifton Hill is a suburb of Melbourne, 4km north-east of the city's Central Business District.SOURCE realestate.com.au

LANGRIDGE ST

BRIDGE RD

HIGHETT ST

VICTORIA ST

ALEXANDRA PDE

HO

DD

LE

ST

LE

NN

OX

ST

EPWORTHHOSPITAL

JOHNSTON ST

COLLINGWOODSTATION


COLLINGWOOD

EAST MELBOURNE

ABBOTSFORD


1 KM

KM

1.5 KM

1.2KM

800M

EAST MELBOURNE

$2,100,000

COLLINGWOOD

$739,500

CLIFTON HILL

$917,500

ABBOTSFORD

$793,500

MEDIAN house PRICESBelow are six of the top median house price suburbs in close proximity to the Melbourne CBD.

- 15 -

COLLINGWOOD

Collingwood is a place where trends are born. This inner-urban locale is highly desired for its mix of designer boutiques, gourmet restaurants and the latest bars, galleries and cafés.

ABBOTSFORD

Abbotsford is a suburb of Melbourne, 2km east of the city's Central Business District.

FITZROY

Fitzroy has a distinct personality defined by its diverse population. It has undergone significant growth and renewal, and is a buzzing area close to the CBD.

CARLTON

Carlton is a suburb of Melbourne, 2km north from the city's central business district. The suburb is well known for Lygon Street, its Victorian architecture and garden squares including Carlton Gardens, where the Royal Exhibition Building is located.

EAST MELBOURNE East Melbourne is home to several major cathedrals, hospitals and expansive green spaces. It has many glamorous houses and historic residences.

CLIFTON HILL

Clifton Hill is a suburb of Melbourne, 4km north-east of the city's Central Business District.SOURCE realestate.com.au

LANGRIDGE ST

BRIDGE RD

HIGHETT ST

VICTORIA ST

ALEXANDRA PDE

HO

DD

LE

ST

LE

NN

OX

ST

EPWORTHHOSPITAL

JOHNSTON ST

COLLINGWOODSTATION


COLLINGWOOD

EAST MELBOURNE

ABBOTSFORD


1 KM

KM

1.5 KM

1.2KM

800M

EAST MELBOURNE

$2,100,000

COLLINGWOOD

$739,500

CLIFTON HILL

$917,500

ABBOTSFORD

$793,500

MEDIAN house PRICESBelow are six of the top median house price suburbs in close proximity to the Melbourne CBD.

- 15 -

KEY POINTS OVERVIEW

PAGE 5

EMPLOYMENT Melbourne is projected to create 1.7 million jobs by 2051, with the most significant employment growth in the City of Melbourne and emerging employment centres. With the Melbourne CBD at its core, the City of Melbourne is forecast to realise a 51 per cent growth in employment by 2031, growing to close to 700,000 employment opportunities and offering a wealth of employment options.

ECONOMIC FUNDAMENTALSBy 2051, as Australia’s knowledge, manufacturing and innovation powerhouse, Melbourne has a vision to build Australia’s largest business and activity centre. Melbourne also has Australia’s largest population growth and the second largest residential market, with strong global business, education, cultural and sporting connections.

Prepared by Urbis; Source: ABS

POPULATION IN MELBOURNE

4.4MJOBS IN MELBOUNRE

CBD BY 2031

700,000

67,000+INTERNATIONAL

STUDENTSstudying in Melbourne Universities

200+FLIGHTS PER WEEK

average of 30 direct flights a day

INFRASTRUCTUREThe ‘Plan Melbourne: Metropolitan Planning Strategy’ has established an investment pipeline of development and urban renewal with an aim to make Melbourne the nation’s largest commercial and residential hub by 2050. The strategy sets out a program of infrastructure investment, with the most notable projects including:

Melbourne’s City Centre is set to

become Australia’s largest business centre by 2051

1,766NEW RESIDENTS

PER ANNUM2014-2031

POPULATION GROWTHGreater Melbourne (which forms a radius of approximately 60 kilometres around the CBD) was the fastest growing Capital City in Australia during the 2012-2013 period. With population increasing by over 95,000, this exceeds the volume of growth in Greater Sydney (80,000). This strong growth is expected to continue with ABS forecasting the area of greater Melbourne to grow by an average of 92,000 new residents per annum to 2031. By 2031 almost 6.0 million people are expected to live in Melbourne.

The Melbourne population is projected to have the highest growth of any capital cities in

Australia by 2031

AUSTRALIA

VICMELBOURNE

• Melbourne Rail Link

• M80 Ring Road upgrade & North East Link

• Regional Rail Link connecting West Melbourne

• Cranbourne-Pakenham Rail Corridor Project

Prepared by Urbis; Source: Melbourne City Council

EMPLOYMENT OVERVIEW

BUSINESSES5,800+

BUSINESS SERVICE

WORKERS 47,000

SQM NEW COMMERCIAL

OFFICE

6M

SQM NEW RETAIL5.8M

Prepared by Urbis; Source: ABS

4 URBIS MARKET OUTLOOK AUSTRALIA© URBIS.COM.AU

MELBOURNE INVESTMENT FUNDAMENTALS

KEY POINTS OVERVIEW

PAGE 6

RESIDENTIAL ANALYSISMelbourne was Australia’s most resilient capital city residential market throughout the Global Financial Crisis, with the median sale price for both houses and apartments rebounding rapidly in September 2008 and 2009. This has resulted in solid long-term growth trend over the past two decades. In the September 2014 quarter, the Melbourne statistical division (SD) registered median prices of $530,000 for houses and $450,000 for apartments, with respective growth of 3.9 per cent and 3.4 per cent over twelve months.

Within the Melbourne Statistical Division area, median apartment prices are lower than the median house price, and

over the last 12 months, this affordability gap has increased significantly to approximately $86,500. Furthermore, the proximity to work and lifestyle amenities is also a key driver to future demand as affordable detached houses and new residential communities are located in the outer ring suburbs.

As Melbourne continues to expand on the back of population growth and supported by quality infrastructure, a greater variety of product will reach the market. These new product types will be adaptable for an owner occupier and investor profile, adding sophistication and choice to the Melbourne apartment market.

RENTAL ANALYSISMelbourne has a solid rental market, particularly within the inner city suburbs, with 67 per cent of households renting within the Melbourne CBD. This is more than double the Greater Melbourne benchmark average of 27 per cent.

The young professional demographic is a key factor behind the rental market within inner city Melbourne. It is driven by an increasing desire to live within proximity to amenity, education and employment. Melbourne’s inner city suburbs registered premiums in median weekly rents for apartments above the Greater Melbourne benchmark. Over the ten years to 2014,

rents have increased across Melbourne CBD apartments with an average annual increase of 4 per cent per annum.

Moving forward, strong overseas immigration will remain a key population growth driver and will form a significant source of residential demand. This will be further magnified by the large number of international university students coming to study in Melbourne. These factors, in addition to strong employment growth and infrastructure expenditure, combine to create a solid foundation for local rental and investment markets.

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

0

2,000

4,000

6,000

8,000

10,000

12,000

Sep-

84

Sep-

85

Sep-

86

Sep-

87

Sep-

88

Sep-

89

Sep-

90

Sep-

91

Sep-

92

Sep-

93

Sep-

94

Sep-

95

Sep-

96

Sep-

97

Sep-

98

Sep-

99

Sep-

00

Sep-

01

Sep-

02

Sep-

03

Sep-

04

Sep-

05

Sep-

06

Sep-

07

Sep-

08

Sep-

09

Sep-

10

Sep-

11

Sep-

12

Sep-

13

Sep-

14

MED

IAN

SA

LES

PRIC

E

NU

MBE

R O

F TR

AN

SAC

TIO

NS

PERIOD (QUARTER)

NUMBER OF TRANSACTIONS (APARTMENTS)MEDIAN SALE PRICE (APARTMENTS)MEDIAN SALE PRICE (HOUSES)

$26,183

$51,112

$66,179

$86,500

DIFFERENCE BETWEEN HOUSE VS. APARTMENTS MELBOURNE SD

CH

AN

GE

$ BE

TWEE

N H

OU

SE

& A

PART

MEN

T M

EDIA

N P

RIC

E

REGION

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

$100,000 AVERAGE OVER THE PAST 30 YEARSAVERAGE OVER THE PAST 10 YEARSAVERAGE OVER THE PAST 5 YEARSAVERAGE OVER THE PAST 1 YEAR

MELBOURNE LGA 30 YEAR APARTMENT SALES CYCLE

Prepared by Urbis; Source: RPData

APARTMENT VS HOUSE PRICE CAP

Prepared by Urbis; Source: RPData Sep 2014

Prepared by Urbis; Source: REIA Sep 2014, RP Data Suburb Scorecard Sep 201

$530KMEDIAN

SALE PRICE

$380MEDIAN

WEEKLY RENT

3.6%GROSS

RENTAL YIELD

$450KMEDIAN

SALE PRICE

$365MEDIAN

WEEKLY RENT

4.2%GROSS

RENTAL YIELD

Melbourne is Australia’s second largest capital city and has been rated as the world’s most

liveable city by the Economist Intelligence Unit for the fourth year in a row

EMPLOYMENT OVERVIEW

© URBIS.COM.AUURBIS MARKET OUTLOOK AUSTRALIA 5

MELBOURNE RESIDENTIAL

ANALYSIS

LOCATION

PAGE 7

107 Cambridge Street, COLLINGWOOD

SWA

NST

ON

ST

DR

YBU

RG

H S

T

AB

BO

TSF

OR

D S

T

PE

EL

ST

RO

YAL

PD

E

ELIZABETH ST

ARDEN ST

LYG

ON

ST

RAT

HD

OW

NE

ST


QUEENSBERRY ST

GRATTAN ST

FLEMINGTON RD

WELLINGTON PDE

HIGHETT ST

VICTORIA PDEVICTORIA ST VICTORIA PDE

ALEXANDRA PDE

MCG

WE

LL

ING

TO

N S

T

BU

RN

LE

Y ST

HO

DD

LE

ST

LE

NN

OX

ST

BR

IDG

E R

D

FITZROYGARDENS

TREASURYGARDENS

CARLTONGARDENS

MELBOURNEUNIVERSITY

YARRA BENDPARK

JOHNSTON ST JOHNSTON ST

BR

UN

SWIC

K S

T

FIT

ZR

OY

ST

BO

UN

DA

RY

RD

SMIT

H S

T

COLLINGWOODSTATION


FITZROY

COLLINGWOOD

EAST MELBOURNE

ABBOTSFORD

FLINDERS STREET

STATION

CARLTON

PARKVILLE

CBD


YARRA RIVER

YARRA RIVER

500 M

1 KM

2 KM

1.5 KM

124

2

6

7

31

23

38

51

398

4

5

3

21

22

25

26

28 29

30

27

15

20

10

16

12 19

11

9

40

13

14

1832

33

17

41

43

4445

46

42

47

49

5048

34

35

37

36

RESTAURANTS and BARS

01 Cutler & Co.

02 Saint Crispin

03 Moon Under Water

04 The Everleigh

05 Huxtable

06 Panama Dining

07 Lee Ho Fook

CAFES

08 Hammer & Tong

09 Proud Mary

10 De Clieu

11 Alimentari

12 Everyday Coffee

13 CIBI

14 Storm in a Teacup

RETAIL

15 Modern Times

16 Douglas and Bec

17 United Measures

18 Aesop

19 Tribal Rose

20 Emporium

21 QV

CULTURE and ENTERTAINMENT

22 Royal Exhibition Building

23 Melbourne Museum

24 Federation Square

25 ACMI

26 Princess Theatre

27 Regent Theatre

28 The Forum

EDUCATION

29 RMIT Design Hub

30 Melbourne University

LANDMARKS

31 Carlton Gardens

32 Fitzroy Gardens

33 State Library of Victoria

40 41

SWA

NST

ON

ST

DR

YBU

RG

H S

T

AB

BO

TSF

OR

D S

T

PE

EL

ST

RO

YAL

PD

E

ELIZABETH ST

ARDEN ST

LYG

ON

ST

RAT

HD

OW

NE

ST


QUEENSBERRY ST

GRATTAN ST

FLEMINGTON RD

WELLINGTON PDE

HIGHETT ST


ALEXANDRA PDE

MCG

WE

LL

ING

TO

N S

T

BU

RN

LE

Y ST

HO

DD

LE

ST

LE

NN

OX

ST

BR

IDG

E R

D

FITZROYGARDENS

TREASURYGARDENS

CARLTONGARDENS

MELBOURNEUNIVERSITY

YARRA BENDPARK


BR

UN

SWIC

K S

T

FIT

ZR

OY

ST

BO

UN

DA

RY

RD

SMIT

H S

T

COLLINGWOODSTATION


FITZROY

COLLINGWOOD

EAST MELBOURNE

ABBOTSFORD

FLINDERS STREET

STATION

CARLTON

PARKVILLE

CBD


YARRA RIVER

YARRA RIVER

500 M

1 KM

2 KM

1.5 KM

124

2

6

7

31

23

38

51

398

4

5

3

21

22

25

26

28 29

30

27

15

20

10

16

12 19

11

9

40

13

14

1832

33

17

41

43

4445

46

42

47

49

5048

34

35

37

36


01 Cutler & Co.

02 Saint Crispin

03 Moon Under Water

04 The Everleigh

05 Huxtable

06 Panama Dining

07 Lee Ho Fook

CAFES

08 Hammer & Tong

09 Proud Mary

10 De Clieu

11 Alimentari

12 Everyday Coffee

13 CIBI


RETAIL

15 Modern Times

16 Douglas and Bec

17 United Measures

18 Aesop

19 Tribal Rose

20 Emporium

21 QV



23 Melbourne Museum


25 ACMI

26 Princess Theatre

27 Regent Theatre

28 The Forum

EDUCATION

29 RMIT Design Hub


LANDMARKS

31 Carlton Gardens

32 Fitzroy Gardens


40 41

SWA

NST

ON

ST

DR

YBU

RG

H S

T

AB

BO

TSF

OR

D S

T

PE

EL

ST

RO

YAL

PD

E

ELIZABETH ST

ARDEN ST

LYG

ON

ST

RAT

HD

OW

NE

ST


QUEENSBERRY ST

GRATTAN ST

FLEMINGTON RD

WELLINGTON PDE

HIGHETT ST


ALEXANDRA PDE

MCG

WE

LL

ING

TO

N S

T

BU

RN

LE

Y ST

HO

DD

LE

ST

LE

NN

OX

ST

BR

IDG

E R

D

FITZROYGARDENS

TREASURYGARDENS

CARLTONGARDENS

MELBOURNEUNIVERSITY

YARRA BENDPARK


BR

UN

SWIC

K S

T

FIT

ZR

OY

ST

BO

UN

DA

RY

RD

SMIT

H S

T

COLLINGWOODSTATION


FITZROY

COLLINGWOOD

EAST MELBOURNE

ABBOTSFORD

FLINDERS STREET

STATION

CARLTON

PARKVILLE

CBD


YARRA RIVER

YARRA RIVER

500 M

1 KM

2 KM

1.5 KM

124

2

6

7

31

23

38

51

398

4

5

3

21

22

25

26

28 29

30

27

15

20

10

16

12 19

11

9

40

13

14

1832

33

17

41

43

4445

46

42

47

49

5048

34

35

37

36


01 Cutler & Co.

02 Saint Crispin

03 Moon Under Water

04 The Everleigh

05 Huxtable

06 Panama Dining

07 Lee Ho Fook

CAFES

08 Hammer & Tong

09 Proud Mary

10 De Clieu

11 Alimentari

12 Everyday Coffee

13 CIBI


RETAIL

15 Modern Times

16 Douglas and Bec

17 United Measures

18 Aesop

19 Tribal Rose

20 Emporium

21 QV



23 Melbourne Museum


25 ACMI

26 Princess Theatre

27 Regent Theatre

28 The Forum

EDUCATION

29 RMIT Design Hub


LANDMARKS

31 Carlton Gardens

32 Fitzroy Gardens


40 41

SWA

NST

ON

ST

DR

YBU

RG

H S

T

AB

BO

TSF

OR

D S

T

PE

EL

ST

RO

YAL

PD

E

ELIZABETH ST

ARDEN ST

LYG

ON

ST

RAT

HD

OW

NE

ST


QUEENSBERRY ST

GRATTAN ST

FLEMINGTON RD

WELLINGTON PDE

HIGHETT ST


ALEXANDRA PDE

MCG

WE

LL

ING

TO

N S

T

BU

RN

LE

Y ST

HO

DD

LE

ST

LE

NN

OX

ST

BR

IDG

E R

D

FITZROYGARDENS

TREASURYGARDENS

CARLTONGARDENS

MELBOURNEUNIVERSITY

YARRA BENDPARK


BR

UN

SWIC

K S

T

FIT

ZR

OY

ST

BO

UN

DA

RY

RD

SMIT

H S

T

COLLINGWOODSTATION


FITZROY

COLLINGWOOD

EAST MELBOURNE

ABBOTSFORD

FLINDERS STREET

STATION

CARLTON

PARKVILLE

CBD


YARRA RIVER

YARRA RIVER

500 M

1 KM

2 KM

1.5 KM

124

2

6

7

31

23

38

51

398

4

5

3

21

22

25

26

28 29

30

27

15

20

10

16

12 19

11

9

40

13

14

1832

33

17

41

43

4445

46

42

47

49

5048

34

35

37

36


01 Cutler & Co.

02 Saint Crispin

03 Moon Under Water

04 The Everleigh

05 Huxtable

06 Panama Dining

07 Lee Ho Fook

CAFES

08 Hammer & Tong

09 Proud Mary

10 De Clieu

11 Alimentari

12 Everyday Coffee

13 CIBI


RETAIL

15 Modern Times

16 Douglas and Bec

17 United Measures

18 Aesop

19 Tribal Rose

20 Emporium

21 QV



23 Melbourne Museum


25 ACMI

26 Princess Theatre

27 Regent Theatre

28 The Forum

EDUCATION

29 RMIT Design Hub


LANDMARKS

31 Carlton Gardens

32 Fitzroy Gardens


40 41

SWA

NST

ON

ST

DR

YBU

RG

H S

T

AB

BO

TSF

OR

D S

T

PE

EL

ST

RO

YAL

PD

E

ELIZABETH ST

ARDEN ST

LYG

ON

ST

RAT

HD

OW

NE

ST


QUEENSBERRY ST

GRATTAN ST

FLEMINGTON RD

WELLINGTON PDE

HIGHETT ST


ALEXANDRA PDE

MCG

WE

LL

ING

TO

N S

T

BU

RN

LE

Y ST

HO

DD

LE

ST

LE

NN

OX

ST

BR

IDG

E R

D

FITZROYGARDENS

TREASURYGARDENS

CARLTONGARDENS

MELBOURNEUNIVERSITY

YARRA BENDPARK


BR

UN

SWIC

K S

T

FIT

ZR

OY

ST

BO

UN

DA

RY

RD

SMIT

H S

T

COLLINGWOODSTATION


FITZROY

COLLINGWOOD

EAST MELBOURNE

ABBOTSFORD

FLINDERS STREET

STATION

CARLTON

PARKVILLE

CBD


YARRA RIVER

YARRA RIVER

500 M

1 KM

2 KM

1.5 KM

124

2

6

7

31

23

38

51

398

4

5

3

21

22

25

26

28 29

30

27

15

20

10

16

12 19

11

9

40

13

14

1832

33

17

41

43

4445

46

42

47

49

5048

34

35

37

36


01 Cutler & Co.

02 Saint Crispin

03 Moon Under Water

04 The Everleigh

05 Huxtable

06 Panama Dining

07 Lee Ho Fook

CAFES

08 Hammer & Tong

09 Proud Mary

10 De Clieu

11 Alimentari

12 Everyday Coffee

13 CIBI


RETAIL

15 Modern Times

16 Douglas and Bec

17 United Measures

18 Aesop

19 Tribal Rose

20 Emporium

21 QV



23 Melbourne Museum


25 ACMI

26 Princess Theatre

27 Regent Theatre

28 The Forum

EDUCATION

29 RMIT Design Hub


LANDMARKS

31 Carlton Gardens

32 Fitzroy Gardens


40 41

SWA

NST

ON

ST

DR

YBU

RG

H S

T

AB

BO

TSF

OR

D S

T

PE

EL

ST

RO

YAL

PD

E

ELIZABETH ST

ARDEN ST

LYG

ON

ST

RAT

HD

OW

NE

ST


QUEENSBERRY ST

GRATTAN ST

FLEMINGTON RD

WELLINGTON PDE

HIGHETT ST


ALEXANDRA PDE

MCG

WE

LL

ING

TO

N S

T

BU

RN

LE

Y ST

HO

DD

LE

ST

LE

NN

OX

ST

BR

IDG

E R

D

FITZROYGARDENS

TREASURYGARDENS

CARLTONGARDENS

MELBOURNEUNIVERSITY

YARRA BENDPARK


BR

UN

SWIC

K S

T

FIT

ZR

OY

ST

BO

UN

DA

RY

RD

SMIT

H S

T

COLLINGWOODSTATION


FITZROY

COLLINGWOOD

EAST MELBOURNE

ABBOTSFORD

FLINDERS STREET

STATION

CARLTON

PARKVILLE

CBD


YARRA RIVER

YARRA RIVER

500 M

1 KM

2 KM

1.5 KM

124

2

6

7

31

23

38

51

398

4

5

3

21

22

25

26

28 29

30

27

15

20

10

16

12 19

11

9

40

13

14

1832

33

17

41

43

4445

46

42

47

49

5048

34

35

37

36


01 Cutler & Co.

02 Saint Crispin

03 Moon Under Water

04 The Everleigh

05 Huxtable

06 Panama Dining

07 Lee Ho Fook

CAFES

08 Hammer & Tong

09 Proud Mary

10 De Clieu

11 Alimentari

12 Everyday Coffee

13 CIBI


RETAIL

15 Modern Times

16 Douglas and Bec

17 United Measures

18 Aesop

19 Tribal Rose

20 Emporium

21 QV



23 Melbourne Museum


25 ACMI

26 Princess Theatre

27 Regent Theatre

28 The Forum

EDUCATION

29 RMIT Design Hub


LANDMARKS

31 Carlton Gardens

32 Fitzroy Gardens


40 41

LOCATION

PAGE 8

AERIAL IMAGE

PRICE MATRIX

*indicative figures onlyPrices correct at time of project releaseRental source: Property X

ARTIST IMPRESSIONS

PAGE 9

One bedroom apartment

Two bedroom apartment

ARTIST IMPRESSIONS

PAGE 10

upgrade scheme

ARTIST IMPRESSIONS

PAGE 11

showing balcony screensheritage facade

LEVEL PLANS

PAGE 12

SAMPLE LEVEL 1 & 2

N

LEVEL PLANS

PAGE 13

SAMPLE LEVEL 3 - 5

N

FLOOR PLANS

PAGE 14

One bedroom plus study / one bathroom

DISCL A I M ER

Any dimensions, layout, design features, views, areas, images, photographs and artist’s impressions are for presentation purposes and indicative only. They are also subject to change in accordance with the contract of sale. All internal/external furniture (including study desk) and white goods are NOT included. All area calculations are based on the Property Council of Australia method of measurement guidelines and are estimates only. Any dimensions or areas may differ from surveyed areas due to different methods of measurement. Final product may differ from that described. Purchasers should check the plans and specifications included in the contract of sale carefully prior to signing the contract of sale.

Scale: Not to scale. All dimensions are approximate.

LE V EL 01 LE V EL 02

ONE BEDROOM PLUS STUDY, ONE BATHROOM

** Exterior bar (optional upgrade refer contract). Timber floor boards upgrade shown. * Mirrored apartment.

Sliding doors.

01 23 1920212203 0204050607

08 09 10 11 12 13 14 15 16 17 18

01 23 1920212203 0204050607

08 09 10 11 12 13 14 15 16 17 18

TOTAL 59.5M 2 640FT 2

INTERNAL 52.5M 2 565FT 2

EXTERNAL 7M 2 75FT 2

A PA RTMEN TS1.03 1.04* 1.05 1.06* 1.22 1.23* 2.03 2.04* 2.05 2.06* 2.22 2.23*

TYPE A01

- 23.01.15 ISSUED FOR MARKETING SW

Figured dimensions take precedence to scale readings. Verify all dimensions on site.Report any discrepancies to the Architect for decision before proceeding with the work.

SCALE@A3 1:50

Project Title

Client

Drawing Title

Project Number

Drawing Status

Drawing Number

Revision

LEVEL 1, 160 QUEEN STREETMELBOURNE VICTORIA 3000 AUSTRALIA

TEL +61 3 9600 2260 FAX +61 3 9600 2266EMAIL [email protected]

WWW.ELENBERGFRASER.COMABN 97 556 188 726

Rev No. Date Reason for issue Issued by Rev No. Date Reason for issue Issued by Rev No. Date Reason for issue Issued by

APARTMENT A01 AND A01*1 BED + 1 STUDY + 1 BATH

* INDICATES MIRRORED APARTMENT

AREAAPARTMENT: 1.03, 1.04*, 1.05, 1.06*, 1.22, 1.23*

2.03, 2.04*, 2.05, 2.06*, 2.22, 2.23*INTERNAL AREABALCONY AREATOTAL AREA

52.5 m 7 m59.5 m

A 10.02.15 ISSUED FOR MARKETING SWB 23.02.15 ISSUED FOR MARKETING SW

**

Two bedroom / two bathroom

DISCL A I M ER

Any dimensions, layout, design features, views, areas, images, photographs and artist’s impressions are for presentation purposes and indicative only. They are also subject to change in accordance with the contract of sale. All internal/external furniture (including study desk) and white goods are NOT included. All area calculations are based on the Property Council of Australia method of measurement guidelines and are estimates only. Any dimensions or areas may differ from surveyed areas due to different methods of measurement. Final product may differ from that described. Purchasers should check the plans and specifications included in the contract of sale carefully prior to signing the contract of sale.

Scale: Not to scale. All dimensions are approximate.

** Exterior bar (optional upgrade refer contract). Timber floor boards upgrade shown. * Mirrored apartment.

Sliding doors.

TWO BEDROOM, TWO BATHROOM

TOTAL 71 .5M 2 769FT 2

INTERNAL 63M 2 678FT 2

EXTERNAL 8.5M 2 91FT 2

A PA RTMEN TS4.03 4.14* 5.13*

TYPE B05.1

LE V EL 0 4

04 03 02 01 15 14 13

1211100908070605

LE V EL 05

03 02 01 14 13 12

1110090807060504

- 23.01.15 ISSUED FOR MARKETING SW

Figured dimensions take precedence to scale readings. Verify all dimensions on site.Report any discrepancies to the Architect for decision before proceeding with the work.

SCALE@A3 1:50

Project Title

Client

Drawing Title

Project Number

Drawing Status

Drawing Number

Revision

LEVEL 1, 160 QUEEN STREETMELBOURNE VICTORIA 3000 AUSTRALIA

TEL +61 3 9600 2260 FAX +61 3 9600 2266EMAIL [email protected]

WWW.ELENBERGFRASER.COMABN 97 556 188 726

Rev No. Date Reason for issue Issued by Rev No. Date Reason for issue Issued by Rev No. Date Reason for issue Issued by

APARTMENT B05.1 AND B05.1*2 BED + 2 BATH

* INDICATES MIRRORED APARTMENT

AREAAPARTMENT: 4.03, 4.14*, 5.13*INTERNAL AREABALCONY AREATOTAL AREA

63 m 8.5 m71.5 m

A 10.02.15 ISSUED FOR MARKETING SWB 23.02.15 ISSUED FOR MARKETING SWC 24.02.15 ISSUED FOR MARKETING SW

**

SPECIFICATIONS

PAGE 15

KITCHEN/LIVING BATHROOM

Sink: Undermount stainless steel Basin: Solid surface basin

Sink Mixer: Mixer tap (black) Basin Mixer: Single mixer (black)

Cook top: 60cm Ilve Gas cooktop Vanity Cabinets: Mirror overhead cabinet

Oven: 60cm Ilve Oven Joinery Vanity: Custom design piece

Rangehood: 60cm Ilve rangehood Toilet Suite: White ceramic

Dishwasher: Ilve Semi-Integrated dishwasher Master Ensuite: Handheld shower head (black)

Splashback: Bronzed Mirror Bathroom (Other): Handheld shower head (black)

Bench top: Stone Shower Screen: Semi frameless glass to 2100mm

Joinery units: 2 PAC custom designed with perforated metal Mirror: Overhead cabinet mirror

Ceilings: Painted plasterboard Floor Tile: Selected tile to floor

Flooring: Timber flooring Wall Tile: Feature tile to vanity wall and shower recess

Ceilings: Painted plasterboard

Additional: Toilet roll holder and towel rail

Washing machine taps

BEDROOMS GENERAL

Flooring: Wool Selected carpet Windows: Sliding doors to balconies and alfresco areas

Walls & Ceilings: Painted plasterboard Terraces & Balconies: Tile

Skirting's: Painted timber skirting Security: Video intercom

Lighting: Selected low voltage recessed down lights Heating & Cooling: Reverse cycle heating & cooling to living area

Master Robes: Mirror sliding doors Condenser unit located on balcony

Car park: Secure garage with internal access

FIXTURES, FITTINGS & FINISHES SCHEDULE107 UPGRADE COLOUR PALETTE

Please note: Pacific Eastcoast purchasers receive the upgrade colour palette at no extra cost

PROJECT TEAM

PAGE 16

While cities such as London, New York and Tokyo have some of the most cutting edge urban developments, Australian cities are now becoming more sophisticated, responding to purchaser demands as Australia starts to embrace inner city living. GURNER™ firmly believes in ‘over-delivering’, enabled by their expertise in all facets of design and construction, and a clear knowledge of what makes an apartment highly desirable.

Tim Gurner has developed over 1,500 apartments in the last 10 years and he has delivered the FV project with an understanding of how people want to live; making this pivotal to his vision, with global standards. As well as engaging the finest architects and consultants, from both here and abroad, each step of the development process is finely tuned; from the initial site acquisition, to the meticulous overseeing of plans and specifications through to construction. This process delivers spaces that are efficient, as well as flexible with spacious, well thought out living areas ensuring they have efficient kitchens and bathrooms with generous storage. GURNER™ attention to detail sets a new benchmark in apartment living.

Tim GurnerGURNER™

24-28 Stanley St, Collingwood.

developer

A’Beckett Tower, Melbourne.Recent projects delivered by Tim Gurner.

“ at gurner™ it’s not about folloWing a prescribed formula. We create fine homes that go Well beyond four Walls, to the streets and communities surrounding them. the result is ‘living places’, that truly feel like home.”

F V / T H E T E A M / 1 6 31 6 2 / F V / T H E T E A M

DEMOGRAPHIC REPORT

PAGE 17

Report date:Tue Feb 10, 2015

Suburb Report

Collingwood 3066 VIC

Median Value of Housesin the Suburb:

Median Value of Unitsin the Suburb:

No. of People who live in the Suburb (ABS data):

No. of Dwellings in the Suburb:

No. of Housesin the Suburb:

No. of Units in the Suburb:

$814,000

$582,000

6467

4733

1776

2957

Demographics

Residex for Accuracy © 2015 1

DEMOGRAPHIC REPORT

PAGE 18

Street Information

The Number of Streets in the Suburb: 104The Number of Streets in the Postcode: 104

Market Activity

Number of Properties Listed for Sale: 21

Estimated Days on the Market: 36 days

Estimated Number of Sales in the Last 3 Months: 26

Estimated Number of Sales in the Same Period Last Year: 54

Current Percentage of Properties on the Market (Collingwood): 0.44%

Current Percentage of Properties on the Market (Melbourne Metro): 0.87%


Houses - Top 5 Streets by Median Value:

Street Name Median Dollar Value

Northumberland St $1,527,899

Hoddle St $1,500,159

Mason St $1,034,843

Victoria Pde $962,851

Smith St $922,289

Street with Highest Value House:Smith St

Units - Top 5 Streets by Median Value:


Campbell St $1,178,404

Cromwell St $825,621

Rokeby St $729,928

Robert St $720,576

Palmer St $710,389

Street with Highest Value Unit:Cambridge St

Units - Lowest 5 Streets by Median Value:


Glasgow St $276,606

Victoria Pde $292,604

Mason St $306,999

Vere St $382,415

Gold St $387,694

Street with Lowest Value Unit:Mason St

Houses - Lowest 5 Streets by Median Value:


Alexandra Pde $666,909

Glasgow St $676,226

Otter St $686,083

Sturt St $686,344

Campbell St $712,491

Street with Lowest Value House:Little Oxford St

DEMOGRAPHIC REPORT

PAGE 19

A Median Value House in the Suburb

Located: 158 JOHNSTON ST Collingwood 3066 VIC

Estimated Value: $812,195

2 1 1

Statistics

HousesYear Median Value Median

Weekly Rental %pa Growth Median Value

Capitalised Annual Yield

12/2014 $814,000 $610 4% 4%

12/2013 $783,000 $600 5% 4%

12/2012 $743,000 $630 -1% 4%

12/2011 $753,000 $540 0% 3%

12/2010 $754,000 $510 12% 3%

12/2009 $671,000 $460 9% 4%

12/2008 $617,000 $460 6% 3%

12/2007 $582,000 $370 26% 4%

12/2006 $462,000 $330 7% 4%

12/2005 $431,000 $310 6% 4%

UnitsYear Median Value Median

Weekly Rental %pa Growth Median Value

Capitalised Annual Yield

12/2014 $582,000 $520 7% 5%

12/2013 $546,000 $490 7% 5%

12/2012 $511,000 $460 -5% 5%

12/2011 $539,000 $510 -2% 5%

12/2010 $548,000 $400 12% 4%

12/2009 $491,000 $460 3% 5%

12/2008 $477,000 $430 6% 4%

12/2007 $452,000 $340 14% 4%

12/2006 $395,000 $310 6% 4%

12/2005 $372,000 $290 7% 4%


INDICATIVE DEPRECIATION

PAGE 20

Estimate of Depreciation ClaimableTypical 1 Bedroom 1 Bathroom Unit

107 Cambridge Street, COLLINGWOOD, VIC 3066

MaximumYear Plant &

EquipmentDivision 43 Total

1 6,173 7,528 13,7012 3,781 7,528 11,3093 2,706 7,528 10,2344 2,145 7,528 9,6735 1,724 7,528 9,2526 1,415 7,528 8,9437 1,117 7,528 8,6458 738 7,528 8,2669 493 7,528 8,021

10 341 7,528 7,86911 + 1,769 225,864 227,633Total $22,402 $301,144 $323,546

Comparison Yr 1-10 (Max & Min)

$0

$1,400

$2,800

$4,200

$5,600

$7,000

$8,400

$9,800

$11,200

$12,600

$14,000

1 2 3 4 5 6 7 8 9 10Years

Maximum Minimum

MinimumYear Plant &


1 5,051 6,160 11,2112 3,093 6,160 9,2533 2,214 6,160 8,3744 1,755 6,160 7,9155 1,410 6,160 7,5706 1,157 6,160 7,3177 914 6,160 7,0748 604 6,160 6,7649 403 6,160 6,563

10 279 6,160 6,43911 + 1,447 184,798 186,245Total $18,327 $246,398 $264,725

Cumulative Yr 1-10 (Min & Max)

$0

$9,600

$19,200

$28,800

$38,400

$48,000

$57,600

$67,200

$76,800

$86,400

$96,000

1 2 3 4 5 6 7 8 9 10Years

Maximum Minimum

* assumes settlement on 1 July in any given year.

This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Valuemethod of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5%depending on the property type and date of construction. This estimate is based upon legislation in force at the date ofreport production.

This Estimate Cannot Be Used For Taxation Purposes

To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 03 9654 2233

BMT Tax DepreciationQUANTITY SURVEYORS

Level 50, 120 Collins StreetMelbourne VIC 3000GPO Box 4260Melbourne VIC 3001t 03 9654 2233f 03 9654 2244

e [email protected] www.bmtqs.com.au

Australia Wide Service ABN 44 115 282 392

Maximising Property Tax Depreciation Deductions356657


PAGE 21



MaximumYear Plant &


1 6,871 9,367 16,2382 4,148 9,367 13,5153 2,962 9,367 12,3294 2,331 9,367 11,6985 1,680 9,367 11,0476 1,615 9,367 10,9827 1,253 9,367 10,6208 829 9,367 10,1969 561 9,367 9,928

10 391 9,367 9,75811 + 2,120 280,994 283,114Total $24,761 $374,664 $399,425


$0

$1,700

$3,400

$5,100

$6,800

$8,500

$10,200

$11,900

$13,600

$15,300

$17,000

1 2 3 4 5 6 7 8 9 10Years

Maximum Minimum

MinimumYear Plant &


1 5,621 7,664 13,2852 3,394 7,664 11,0583 2,424 7,664 10,0884 1,907 7,664 9,5715 1,374 7,664 9,0386 1,321 7,664 8,9857 1,025 7,664 8,6898 679 7,664 8,3439 459 7,664 8,123

10 320 7,664 7,98411 + 1,734 229,904 231,638Total $20,258 $306,544 $326,802


$0

$11,700

$23,400

$35,100

$46,800

$58,500

$70,200

$81,900

$93,600

$105,300

$117,000

1 2 3 4 5 6 7 8 9 10Years

Maximum Minimum











PAGE 22



MaximumYear Plant &


1 6,875 10,404 17,2792 4,567 10,404 14,9713 3,235 10,404 13,6394 2,509 10,404 12,9135 1,801 10,404 12,2056 1,712 10,404 12,1167 1,318 10,404 11,7228 877 10,404 11,2819 591 10,404 10,995

10 411 10,404 10,81511 + 2,273 312,105 314,378Total $26,169 $416,145 $442,314


$0

$1,800

$3,600

$5,400

$7,200

$9,000

$10,800

$12,600

$14,400

$16,200

$18,000

1 2 3 4 5 6 7 8 9 10Years

Maximum Minimum

MinimumYear Plant &


1 5,625 8,512 14,1372 3,737 8,512 12,2493 2,647 8,512 11,1594 2,053 8,512 10,5655 1,473 8,512 9,9856 1,400 8,512 9,9127 1,078 8,512 9,5908 717 8,512 9,2299 483 8,512 8,995

10 337 8,512 8,84911 + 1,859 255,359 257,218Total $21,409 $340,479 $361,888


$0

$12,800

$25,600

$38,400

$51,200

$64,000

$76,800

$89,600

$102,400

$115,200

$128,000

1 2 3 4 5 6 7 8 9 10Years

Maximum Minimum










RENTAL ASSESSMENT

PAGE 23

Gurner TM

Estimate of Market Rental 107 Cambridge Street, Collingwood Date: 3rd March 2015

Address of Property: 107 Cambridge Street, Collingwood Property Type 1 bedrooms, 1 bathrooms, no car park Estimate of Rental (Weekly): $380 - $420 Property Type 1 bedrooms, 1 bathrooms, 1 car park Estimate of Rental (Weekly): $420 - $460 Property Type 1 bedrooms, 1 bathrooms, 1 study, 1 car park Estimate of Rental (Weekly): $460 - $500 Property Type 2 bedrooms, 1 bathrooms, 1 car park Estimate of Rental (Weekly): $525 - $575 Property Type 2 bedrooms, 2 bathrooms, 1 car park Estimate of Rental (Weekly): $600 - $700 These figures are based on our profession and personal opinion. Prices may vary depending on size, level, outlook and layout.

Should you require any further details please don’t hesitate to contact me directly on 9629 8885.

Regards, Property X

Rebecca Morano Senior Leasing Executive Please Note: This assessment is an estimate only and should not be taken in any way as a Sworn Valuation. It has been provided on the basis of available information relating to the property and available comparable sales. It has been prepared for the sole use of its recipient and not that of a third party. And is for their sole use and not that of any third party. Id the property is incomplete or unfinished this assessment has been provided on the basis that the property will be completed with a reasonable standard of finish. As the market rental provided as at this date and could very at any time.

GENERIC CASHFLOW - at 4.75% interest rate

PAGE 24

Pacific Eastcoast Pty Ltd - South Yarra

PROPERTY INVESTMENT ANALYSIS (DESCRIPTIVE)06-Mar-2015

Prepared for: "107 Cambridge" - generic cashflow onlyConsultant: 107 Cambridge Street, Collingwood

Property: One bedroom + Study / 1 CARDescription: Purchase price $485,000 at 80%LVR and 4.75% interest rate

SUMMARY

Assumptions Projected results over 5 yrsProperty value $485,000 Property value $649,039Investment $104,691 Equity $261,039Gross yield 4.83% After-tax return /yr 22.78%Net yield 3.39% Net present value $132,678Growth rate 6.00% IF SOLDInflation rate 4.00% Selling costs & CGT $59,410Interest rate 4.75% Equity $201,629Marginal tax rate 39.50% After-tax return /yr 17.05%

COMPUTER PROJECTIONS

Projections over 5 yearsInvestment AnalysisEnd of year Property value Purchase costs Investments Loan amount Equity Capital growth rate Inflation rate (CPI)Gross rent /weekCash deductions Interest (I/O) Rental expensesPre-tax cash flowNon-cash deductions Deprec.of building Deprec.of fittings Loan costsTotal deductionsTax credit After-tax cash flowRate of return (IRR)Pre-tax equivalent

Your cost /(income) per week

2015 1yr 2yr 3yr 4yr 5yr$485,000 514,100 544,946 577,643 612,301 649,039

$5,103$104,691$388,000 388,000 388,000 388,000 388,000 388,000

$97,000 126,100 156,946 189,643 224,301 261,0396.00% 6.00% 6.00% 6.00% 6.00% 6.00%4.00% 4.00% 4.00% 4.00% 4.00% 4.00%

$460 23,442 24,379 25,354 26,369 27,423

4.75% 18,430 18,430 18,430 18,430 18,43029.32% 7,013 7,293 7,585 7,889 8,204

$-104,691 -2,001 -1,344 -661 50 789

2.50% 7,525 7,525 7,525 7,525 7,525$22,402 6,173 3,781 2,706 2,145 1,724

$2,588 518 518 518 518 51839,659 37,547 36,764 36,506 36,401

39.50% 6,406 5,201 4,507 4,004 3,546$-104,691 4,404 3,857 3,846 4,054 4,335

22.78%37.66% (85) (74) (74) (78) (83)

Disclaimer: Note that the computer projections listed above simply illustrate the outcome calculated from the input values and the assumptions contained in the model. Hence the figures can be varied as required and are in no way intended to be a guarantee of future performance. Although the information is provided in good faith, it is also given on the basis that no person using the information, in whole or in part, shall have any claim against Pacific Eastcoast Pty Ltd - South Yarra, its servants, employees or consultants. This document has been prepared by Pacific East Coast Pty Limited (PECPL). The information including all estimates, calculations, opinions or recommendations contained in this document have been provided in good faith and have been based on information received from sources PECPL has accepted in good faith. No warranty is made as to the accuracy or reliability of any information contained in this document and neither PECPL nor any persons involved in the preparation of this document accept any form of liability for its content. The projections and calculations provided in this document are of a general nature only and do not take into account personal circumstances of any party. Interest rates used are current standard variables only and all purchasers should talk to their Advisers about future interest rate projections .


PAGE 25




Property: One bedroom + Study / 1 CARDescription: Purchase price $485,000 at 80%LVR and 5.75% interest rate

SUMMARY





2015 1yr 2yr 3yr 4yr 5yr$485,000 514,100 544,946 577,643 612,301 649,039

$5,103$104,691$388,000 388,000 388,000 388,000 388,000 388,000

$97,000 126,100 156,946 189,643 224,301 261,0396.00% 6.00% 6.00% 6.00% 6.00% 6.00%4.00% 4.00% 4.00% 4.00% 4.00% 4.00%

$460 23,442 24,379 25,354 26,369 27,423

5.75% 22,310 22,310 22,310 22,310 22,31029.32% 7,013 7,293 7,585 7,889 8,204

$-104,691 -5,881 -5,224 -4,541 -3,830 -3,091

2.50% 7,525 7,525 7,525 7,525 7,525$22,402 6,173 3,781 2,706 2,145 1,724

$2,588 518 518 518 518 51843,539 41,427 40,644 40,386 40,281

39.50% 7,938 6,734 6,039 5,537 5,079$-104,691 2,057 1,510 1,499 1,707 1,988

21.00%34.71% (40) (29) (29) (33) (38)



PAGE 26




Property: 2 bedroom 2 bathroom 1 carDescription: Purchase price $635,000 at 80%LVR and 4.75% interest rate

SUMMARY





2015 1yr 2yr 3yr 4yr 5yr$635,000 666,750 700,088 735,092 771,846 810,439

$5,631$135,219$508,000 508,000 508,000 508,000 508,000 508,000$127,000 158,750 192,088 227,092 263,846 302,439

5.00% 5.00% 5.00% 5.00% 5.00% 5.00%4.00% 4.00% 4.00% 4.00% 4.00% 4.00%

$600 30,576 31,799 33,071 34,394 35,770

4.75% 24,130 24,130 24,130 24,130 24,13026.82% 8,369 8,704 9,052 9,414 9,791

$-135,219 -1,923 -1,035 -111 849 1,849

2.50% 10,404 10,404 10,404 10,404 10,404$26,169 6,875 4,567 3,235 2,509 1,801

$2,588 518 518 518 518 51850,296 48,322 47,338 46,975 46,643

39.50% 7,789 6,527 5,636 4,969 4,295$-135,219 5,866 5,492 5,524 5,819 6,144

20.60%34.05% (113) (106) (106) (112) (118)



PAGE 27




Property: 2 bedroom 2 bathroom 1 carDescription: Purchase price $635,000 at 80%LVR and 5.75% interest rate

SUMMARY





2015 1yr 2yr 3yr 4yr 5yr$635,000 666,750 700,088 735,092 771,846 810,439

$5,631$135,219$508,000 508,000 508,000 508,000 508,000 508,000$127,000 158,750 192,088 227,092 263,846 302,439

5.00% 5.00% 5.00% 5.00% 5.00% 5.00%4.00% 4.00% 4.00% 4.00% 4.00% 4.00%

$600 30,576 31,799 33,071 34,394 35,770

5.75% 29,210 29,210 29,210 29,210 29,21026.82% 8,369 8,704 9,052 9,414 9,791

$-135,219 -7,003 -6,115 -5,191 -4,231 -3,231

2.50% 10,404 10,404 10,404 10,404 10,404$26,169 6,875 4,567 3,235 2,509 1,801

$2,588 518 518 518 518 51855,376 53,402 52,418 52,055 51,723

39.50% 9,796 8,533 7,642 6,976 6,302$-135,219 2,793 2,418 2,451 2,745 3,070

18.74%30.97% (54) (47) (47) (53) (59)


107 cambridge VIC

Documents

Transcript of 107 cambridge VIC