ALLURE IN CORINDA - Domainimages.domain.com.au/img/pdf/20140620/23245/2011241749_21.pdf · Corinda...
Transcript of ALLURE IN CORINDA - Domainimages.domain.com.au/img/pdf/20140620/23245/2011241749_21.pdf · Corinda...
ALLURE IN CORINDA
The overview 3
The location 4
The development 5
The residences 6
Apartment types 7
Schedule of fi nishes 13
Depreciation estimates 15
Looking to the future 16
Developer 17
Map 19
Contact & disclaimer 20
CONTENTS
THE
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• Designed by award-winning Brisbane architect, Hayes Anderson Lynch
• Boutique development of only 14 contemporary apartments
• Air conditioning to living and all bedrooms
• Secure entrance to premise
• Walking distance to local cafes, shopping and all town centre amenities
• A mere 275 metres to Corinda train station
• Units in Corinda have experienced an average annual growth rate of 7.79%
• Expected rental return for new, two-bedroom apartments in Corinda: $440 to $450 per week
• Expected rental return for new, three-bedroom apartments in Corinda: $520 to $530 per week
• Vacancy rate of 1.5% ensures continued demand
OVERVIEW
THE
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Corinda has evolved from simply being located 8 km from the CBD to being located close to everything! Discerning buyers, however, seek more than just a great location. Cue Allure—an exquisite, luxury apartment experience unlike any other in the area, that we would like you to experience for yourself. Live the convenience, live the life, live the luxury. Live at Allure in Corinda.
Allure features proximity to local services and transport and is a short drive to a major shopping centre—the recently expanded Indooroopilly Shopping Town. It is also located close to the University of Queensland.
The development site is right in the heart of Corinda, a mere 275 m from the train station, 304 m to a Coles supermarket, Corinda Village Shopping Centre and a few doors down to local cafés, shops and central business district.
Allure presents an opportunity to buy into an established, family-oriented suburb in close proximity to the Brisbane CBD, while still being at an affordable price point.
LOCATION
THE
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We have the neighbourhood, we have the amenities, we have the views and we have the transport. All that’s missing is you!
Brought to you by experienced developer PPS and designed by award-winning Brisbane architect Hayes Anderson Lynch, Allure is a fusion of the best offered in modern apartment living. Very strong design fundamentals combine with the latest in fi ttings and fi nish to give a truly unrivalled property.
This mid-rise boutique apartment development expresses contemporary architectural design. The complex consists of just 14 apartments comprising of twelve 2-bedrooms with 2-bathrooms and two 3-bedrooms with 2-bathrooms. It also features ground level car parking, with each apartment having a dedicated car park.
Externally, the modern lines and use of different cladding substrates give the apartments a sense of presence, ambience and architectural beauty.
DEVELOPMENT
THE
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Lifestyle – If you seek the freedom and convenience of apartment living, without having to sacrifi ce style and comfort, this sophisticated boutique collection of mid-rise apartment homes at Allure in Corinda is the perfect fi t. Relax after a long day at work or invite friends and family over for a gourmet meal.
Accommodation – Embracing the essential elements of a home designed to fi t the dynamics of apartment living, the open plan, two bedroom designs with an abundance of natural light let you make the most of your living space, whatever your activity. Contemporary features and energy effi cient design create a natural, elegant feel. To accommodate your unique style choose between two designer colour schemes. When luxury is about quality of life, Allure in Corinda is an easy decision.
Features – A great kitchen brings out the best in your inner chef. A social hub, a place to raise a glass and enjoy a meal with friends and family. Experience luxury in the comfort of your stylish bathroom—stone bench tops in two designer colour schemes, contemporary large format tiles and chic stone fi nishes create an atmosphere of natural beauty and spa sophistication. Exquisite fi xtures and fi ttings make your bathroom a space to be envied and a space of your own. The fi nishing touches to each apartment include all the little features designed to make a big impact.
RESIDENCES
THE
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STYLE
95 sqm
APARTMENTS
A
Open plan living and luxurious bathrooms. A spacious balcony provides all the ingredients for a fantastic outdoor gathering, with ample seating space and a family-friendly BBQ area.
Levels: 1, 2, 3 | Units: 101, 201, 301
2 2 1
Unit 101 | Internal : 76 sqm | External: 19 sqm | Total: 95 sqm
Unit 201, 301 | Internal : 74 sqm | External: 11 sqm | Total: 85 sqm
THE
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STYLE
B
APARTMENTS
90 sqm
A cleverly designed layout makes the most of your living space. Entertain with fl air in a kitchen that would be every chef’s dream.
Levels: 1, 2, 3 | Units: 102, 202, 302
2 2 1
Unit 102 | Internal : 78 sqm | External: 12 sqm | Total: 90 sqm
Unit 202 , 302 | Internal : 76 sqm | External: 11 sqm | Total: 87 sqm
THE
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APARTMENTS
STYLE
C93
sqm
Enjoy apartment living with this thoughtfully designed, contemporary apartment, designed to maximise both privacy and aspect. It’s the best of urban apartment living in one very stylish package.
Levels: 1, 2, 3 | Units: 103, 203, 303
2 2 1
Unit 103, 203, 303 | Internal : 81 sqm | External: 12 sqm | Total: 93 sqm
THE
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APARTMENTS
STYLE
D82
sqm
Enjoy apartment living with this thoughtfully designed, contemporary apartment, designed to maximise both privacy and aspect. It’s the best of urban apartment living in one very stylish package.
Levels: 1, 2, 3 | Units: 104, 204, 304
2 2 1
Unit 104, 204, 304 | Internal : 70 sqm | External: 12 sqm | Total: 82 sqm
THE
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APARTMENTS
STYLE
E145 sqm
Offering a useable and intelligent layout with high ceilings, this fl oor plan boasts 3 bedrooms, 2 bathrooms and quality kitchen. The open plan living area fl ows seamlessly out to the covered, glass balustrade balcony capturing the impressive forever views of the surrounds. The balcony is accessible from the living area, master and third bedroom and is designed for all weather use.
Level: 4 | Unit: 402
3 2 1
Unit 402 | Internal : 98 sqm | External: 47 sqm | Total: 145 sqm
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THE
APARTMENTS
Ground floor:
• 14 car parks (resident)• 4 car parks (visitor)• letter boxes• lift access
• toilet• communal area• garbage bins.
GROUND
FLOOR
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General
All interior painting including walls/ceilings/coving/doors/ architraves etc
Electric cooktop and oven
Gas hot water
Minimum Six star energy rating
Tiling to living, dining, kitchen, toilet and laundry fl oors
Carpet with underlay to upstairs bedrooms and hallway
Window treatments (blinds) throughout
Oyster light fi ttings to all living areas and bedrooms
Split system air conditioning unit to living room and all bedrooms
Kitchen
Custom joinery with built-in microwave space and pantry
Quality stone bench tops
Stainless steel appliances, including:
- oven
- electric cooktop
- rangehood
- dishwasher
Stainless steel 1.5 bowl sink with side drainer
Designer fl ick mixer with swivel base tapware
Kitchen splashbacks tiled to the overhead cupboards
Designer pendant feature lighting
Bedrooms
Built-in wardrobe (sliding doors)
Carpet with underlay
Ceiling fan
SCHEDULE OF FINISHES
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Bathrooms and Laundry
Quality chrome designer tapware including mixers
Chrome aluminium shower screens with clear glass
Tiling to all wet fl oor areas with wall tiles to ceiling in shower
Bath in main bathroom
Chrome towel rails and toilet roll holders
Frameless mirrors with polished edges
White ceramic toilet suites
External
Rendered downstairs concrete, upstairs hardiplank
External light points x 2 (or one to each door)
Colourbond roof
Powder coated gutter and facia
Aluminium powder coated windows with latch locks
Driveway as per plan to street kerb
Private open patios as per plan
SCHEDULE OF FINISHES (continued)
Estimate of depreciation claimableTypical 2 bedroom apartment | Purchase price $460,000
MAXIMUM
YEAR PLANT & EQUIPMENT DIVISION 43 TOTAL
1 6,509 6,067 12,576
2 5,391 6,067 11,458
3 3,840 6,067 9,907
4 2,992 6,067 9,059
5 2,177 6,067 8,244
6 1,992 6,067 8,059
7 1,576 6,067 7,643
8 1,098 6,067 7,165
9 790 6,067 6,857
10 595 6,067 6,662
11+ 4,666 181,974 186,640
TOTAL $31,626 $242,644 $274,270
MINIMUM
YEAR PLANT & EQUIPMENT DIVISION 43 TOTAL
1 5,325 4,964 10,289
2 4,411 4,964 9,375
3 3,142 4,964 8,106
4 2,448 4,964 7,412
5 1,781 4,964 6,745
6 1,630 4,964 6,594
7 1,290 4,964 6,254
8 898 4,964 5,862
9 646 4,964 5,610
10 487 4,964 5,451
11+ 3,818 148,888 152,706
TOTAL $25,876 $198,528 $224,404
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DEPRECIATION ESTIMATES
This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the diminishing value method of depreciation, applying low-value pooling. The Division 43 write-off allowance is calculated using 2.5% of 4%, depending on the property type and date of construction. This estimate is based upon legislation in force at the date of report production.
This estimate cannot be used for taxation purposes.
Depreciation tax estimate kindly supplied by BMT Quantity Surveyors.
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Allure is well placed to be at the forefront of Corinda’s demographic and cultural renaissance. The emergence of Allure as a sophisticated boutique residence epitomises the gradual transformation of Corinda into a new age, contemporary suburb.
Brisbane is Australia’s third largest capital city with a current population of over 2.2 million people. It continues to be amongst the fastest growing capital cities in the country and its population is forecast to grow to at least 3 million by 2031. In recent times, Brisbane has emerged as having the strongest growth of all capital cities and this is predicted to continue.
Brisbane’s southwest corridor is also growing. In the 2011 Australian Census, Corinda recorded a population growth at an average of 5% over 5 years. This makes for very positive news for property investors as high growth translates into high demand for new properties.
With close proximity to public transport, cafés and local specialty shops, Allure has all the ingredients for strong investment returns—all within a short commute to the Brisbane CBD.
LOOKING TO THE FUTURE
THE
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DEVELOPER
Positive Property Strategies (PPS), headed by Bob Andersen, has been operating in South East Queensland and Brisbane for over 30 years.
During the global fi nancial crisis they were one of the few developers able to continue bringing inventory to the market, displaying their ability to innovate and their core commitment to delivering, despite challenges.
Bob has over 30 years of property development experience. Prior to forming PPS Bob held both state and national management positions with major development companies.
Throughout this time Bob has developed high-rise buildings, commercial buildings, retirement complexes, land subdivisions, townhouses and units.
PPS has a team of highly professional and committed development managers who pride themselves on the delivery of exceptional residential development projects.
Over the last four years PPS have successfully completed the following projects in Brisbane:
• 15 apartments, Auchenfl ower
• 10 townhouses, Northgate
• 6 townhouses, Taringa
• 17 townhouses, Salisbury
• 5 townhouses, Coorparoo
• 7 townhouses, Mt Gravatt.
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RECENT
DEVELOPMENTS BY PPS
Montrose Road, Taringa6 x 4 bedroom, split level townhouses
Mann Avenue, Northgate10 x 3 bedroom, split level townhouses
Ridley St, Auchenfl ower15 x 2 bedroom apartments, with city views
Rutland Street, Coorparoo5 x 2 & 3 bedroom, townhouses
Debra Street, Salisbury17 x 4 bedroom townhouses with pool
Gosford St, Mt Gravatt7 x 3 bedroom townhouses
THE
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MAP
aarindadaAllA ure in Corin C iure inllAlluAllure in Corinda
Oxl
ey R
d
Lynne Grove Ave
Oxl
ey R
d
Hassall St
Gray Ave
Clar
a St
Nelson St
Donaldson St
Clewley St
Consort St
Balderstone St
Spencer St
Hilda St
Martindale St
275 m to Corinda train station
100 m to bus stop
304 m to a Coles supermarket
short stroll to local cafes and shops
1.2 km to Corinda State School
350 m to St Joseph’s Catholic Primary School
700 m to St Aiden’s Anglican Girls School
950 m to Corinda State High School
9 km University of Queensland
Disclaimer: Positive Property Strategies (‘PPS’) and its related businesses and selling agents make no representation and give no warranties as to the accuracy of the preceding information and does not accept any responsibility for any errors or inaccuracies in or omissions from the information contained therein (whether negligent or otherwise) and PPS shall not be liable for any loss or damage whatsoever arising as a result of any person acting or refraining from acting in reliance on any information contained therein. No reader should rely solely on the information contained in this report as it does not purport to be comprehensive or to render specifi c advice.
Any prospective investor should consider their personal circumstances when assessing the suitability of investment property. Prospective investors should make independent enquiries to confi rm relevant details as well as consult their professional advisers.
This disclaimer does not purport to exclude any warranties implied by law which may not be lawfully excluded.
Warning: the advice contained in this report is general advice and its preparation has not taken into account any person's circumstances, objectives, fi nancial situation or needs.An intending purchaser should assess the suitability of any investment or development in property in light of their own needs and circumstances which they can do themselves or by consulting an appropriately licensed fi nancial adviser and/or taxation special.
Martin HoodGracevillem 0411 220 736e [email protected] belleproperty.com
David CotterillCarinam 0433 230 680e [email protected] belleproperty.com