Portavilla investment brochure
description
Transcript of Portavilla investment brochure
Investment Information
Project Summary
PROJECT ADDRESS• 31 Murarrie Road, Murarrie
PROJECT DESCRIPTION• 24 x 3 Bedroom, 2 car villas
PROJECT HIGHLIGHTS• Bespoke architecture
• High end specifications and finishes
• Large private decks with external stairs for rear yard access
LOCATION HIGHLIGHTS• Close to Westfield Carindale
• Walking distance to
• East Village precinct
• Train and bus station
• Cannon Hill Plaza Shopping Centre
• 8km from CBD
• 2km from Metroplex Business Park
• 5 min to Gateway Motorway
• Close to schools
• Lourdes Hill
• Anglican Church Grammar School
• Cannon Hill Anglican College
RENTAL ESTIMATES• 3 Bedroom $640 - $670 per week
Murarrie accommodates all three of the Urbis economics and research fundamentals that make a sustainable suburb – Population, Infrastructure and Employment.
1 POP 2 INF 3 EMP
A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL
MAY 2015
LOCATIONEstablished transport infrastructure enables connectivity to major employment, recreation and retail centres / Pg 2
DEMOGRAPHICHigh proportion of Generation X and Y enjoying ease of access to employment nodes and lifestyle amenity / Pg 3
EMPLOYMENTProjected job growth in the nearby Australia Trade Coast is 83.3% to 2026 / Pg 3
RESIDENTIALLong-term median price growth recorded for townhouses in the Murarrie Catchment is strong at 6.6% per annum / Pg 4
RENTALMedian weekly rents achieved for three-bedroom townhouses in Murarrie are higher than those of the Brisbane LGA / Pg 4
E
F
C
B
A
ESTABLISHED TRANSPORT OPTIONS CONNECT TO THE BRISBANE CBD
GREEN SPACE AND PARKLANDS NEARBY
CLOSE TO A RANGE OF SCHOOLING OPTIONS
Located to the east of the Brisbane CBD, Murarrie is an established suburb that offers residents transport connectivity and significant green space. Murarrie is positioned to benefit from the ongoing residential trend towards urban living.
MURARRIE TRAIN STATION
GREEN SPACE
LOCAL SCHOOLS
OUTLOOK MURARRIE
WALKABILITY & ACCESSIBILITY Murrarie
BRISBANE CBD10KMS
HOMEMAKER CITY
ALDI
BUNNINGS WAREHOUSE
8 SPECIALTY STORES
2W
YN
NU
M R
OA
D
CREEK ROAD
CLEVELAND LINE TO BRISBANE CBD
CANNON HILL
Entertainment, Shopping & Dining1 Cannon Hill Kmart Plaza2 Homemaker City3 Cannon Central4 Westfield Carindale Shopping Centre5 Cannon Hill Tavern6 East Village7 The Colmslie Hotel8 Oxford Street Retail & Dining Precinct
Recreation & Green Space9 Murarrie Recreation Grounds
10 Minnippi Parklands11 Brisbane Polo Grounds12 Bill Cash Memorial Park13 Colmslie Beach Reserve14 Manly Boat Harbour
Infrastructure15 Southgate Corporate Park
16Metroplex on Gateway Business & Industrial Park
17 Belmont Private Hospital18 Murarrie Train Station19 Gateway Motorway20 Domestic & International Airports
Education21 Murarrie State School22 Cannon Hill Anglican College
23Saint Oliver Plunkett Catholic Primary School
24 Balmoral State High School25 Lourdes Hill College26 Anglican Church Grammar School
5
7
8
12
15
4 M
IN19
15 M
IN
20
23
25
CANNON HILL KMART PLAZA
KMART
COLES
45 SPECIALTY STORES
1
CANNON HILL BUS EXCHANGE
2 M
IN
910
1115 M
IN
14
CANNON CENTRAL
WOOLWORTHS
32 SPECIALTY STORES
3 2MINS
11MIN 5.3km4
11MIN 5.3km17
EAST VILLAGE
HIGH STREET RETAIL
GYM
CINEMA
HOTEL
6
26
Murarrie is an evolving Brisbane suburb with established connections to major employment, recreation and retail centres
Located approximately ten kilometres east of the Brisbane CBD, and serviced by established bus and rail networks, Murarrie enjoys direct access to the Gateway Motorway via Wynnum Road. Surrounded by green space including the Murarrie Recreation Reserve and the walking trails and picnic facilities of the Minnippi Parklands, Murarrie also provides residents with close proximity to a range of recreation and retail amenity.
Key Legend2 URBIS MURARRIE OUTLOOK© URBIS.COM.AU
MURARRIE ROAD
HAMILTON NORTHSHORE
MURARRIE
BULIMBA
MURARRIE TRAIN
STATION 10M WALK
8
13
Train Station
Bus Station
11 MIN 1.9km 16
18
3 MIN 1.1km
21
22
24
© URBIS.COM.AUURBIS MURARRIE OUTLOOK 3
MAJOR INFRASTRUCTURE
Murarrie has a range of employment nodes within an easy commute. As well as convenient access to the Brisbane CBD via train, bus or car. Southgate Corporate Park, which is home to approximately 2,000 employees, is centrally located on Wynnum Road. The award-winning MetroPlex on Gateway Business and Industrial Park, an eleven minute drive away and part of the Australia Trade Coast development area provides around 5,000 jobs.
AUSTRALIA TRADE COAST $6 billion
The Australia Trade Coast Region includes the Port of Brisbane and the Brisbane Airports.
TRICARE INTERGRATED AGED CARE FACILITY $65 million
EAST VILLAGE MASTER PLANNED URBAN VILLAGE $600 million
GATEWAY MOTORWAY UPGRADE $2.12 billion
One of the largest bridge and road projects in Queensland’s history, the Gateway Motorway upgrade is now completed.
BELMONT PRIVATE HOSPITAL EXTENSION $4 million
CINEPLEX HAWTHORNE NEW DELUXE CINEMA $5 million
The Murarrie Catchment includes the suburbs of Murarrie, Cannon Hill, Morningside, Carina, Carina Heights and Carindale. Compared to the Brisbane LGA, the Murarrie Catchment has a higher proportion of residents in both the Generation Y and Generation X age groups, totalling 52.1 per cent of the population as at the 2011 Census. Generation Y are known for their preference of living in areas with good connectivity to their place of work, whereas Generation X places a high importance on locations close to school catchments.
EMPLOYMENT
DEMOGRAPHIC
Prepared by Urbis, Source: ABS Census 2011
Prepared by Urbis, Source: NEIER�Brisbane Inner-City includes: Brisbane City, Fortitude Valley, Sth Brisbane�Murarrie catchment includes: Murarrie, Cannon Hill, Carina, Carina Heights, Morningside, Carindale
GENERATION X & Y PROPORTION OF POPULATION
83.3% BY 2026
FORECAST GROWTH IN JOBS FOR NEARBY
AUSTRALIA TRADE COAST
JOBS GROWTH
50.6% BY 2031
FORECAST GROWTH IN JOBS FOR NEARBY
BRISBANE INNER-CITY�
18% BY 2031
FORECAST GROWTH IN JOBS FOR
MURARRIE CATCHMENT�
Prepared by Urbis, Source: Cordells
52.1%
BRISBANE LGA
MURARRIE CATCHMENT
50.6%
Market Appraisals
GENERAL EXTERNAL AND INTERNAL CONSTRUCTION
• External walls: Predominantly painted render with stained timber panelling
• Walls between units: Fire and sound rated walls lined both sides with painted plasterboard
• Internal walls: Stud walls lined with plasterboard and paint finish
• Roof: Colorbond metal deck roof with insulation
• Doors and windows: Powder coated aluminium frames with glazing
• Internal doors: Painted flush panel doors
• Entry door: Gloss painted solid core door or equivalent
• Linen doors and broom cupboard: Satin painted flush panel door with shelves (4 shelves to linen)
• Door hardware – front door: Designer lever handle lock set
• Door hardware – internal door: Chrome levers with privacy set to bathroom and ensuite
• Cabinet hardware: Designer handles
• Lighting: Selected surface and/or recessed mounted fittings
• Balustrades: Powder coated aluminium screens, glass and/or texture coated masonry
• Sun/privacy screens: Powder coated or clear anodised aluminium framed screens (refer unit plans if applicable)
• Driveways and paths: Select features as per landscape plan
• Fencing: A mixture of metal, timber and masonry
• Hot water service: Instantaneous gas hot water
• External glass: Clear to energy efficiency requirements
• Bulkheads: Flat acrylic paint on plasterboards as required for services
• Visitor car parking: On-site visitor car parking
ELECTRICAL • Free to air television points to living and bedroom 1
• Telephone points to bedroom 1 and kitchen
• 1 phone line to each townhouse
• Lighting to car park areas and grounds
AIR-CONDITIONING• Reverse cycle air-conditioning
COMMUNICATIONS• All townhouses prewired for internet
ENTRY, LOUNGE, LIVING AND DINING
• Floor: Timber – 190mm wide European Oak
• Walls: Washable low sheen acrylic paint
• Ceilings and cornice: Painted plastering lining. Selected cornice or trim to ceiling
• Skirting: Paint grade splayed timber skirting
• Architraves: Paint grade splayed timber architrave
BEDROOMS AND ROBES• Floor: Wyoming Twist on hotel underlay
• Walls: Washable low sheen acrylic paint
• Ceilings and cornice: Painted plasterboard lining. Selected cornice or trim to ceiling
• Skirting: Paint grade splayed timber skirting
• Architraves: Paint grade splayed timber architrave
• Walk in robes: 1 shelf, hanging rail
• Built in robes: 1 shelf, hanging rail
Schedule of Finishes
KITCHEN• Floor: 190mm wide European Oak
• Walls: Washable low sheen acrylic paint
• Ceiling and cornice: Painted plasterboard lining. Selected cornice or trim to ceiling
• Benchtops and cupboards 2 options
• Option 1 – NOBLE
• 20mm Caesar Stone ‘Piatra Grey’ generally Laminex Impressions ‘Jericho’ Nuance Finish and Laminex Impressions ‘White’ Nuance Finish.
• Option 2 – OAK
• 20mm Caesar Stone ‘Calacutta Nuvo’ generally Laminex Impressions ‘White Washed Oak’ Raven Finish and Laminex Impressions ‘White Nuance’ Finish
• Splashback: Bronze mirror
• Kickboards: Brushed stainless steel
• Pantry: Selected laminate finish with fixed shelves
KITCHEN FITTINGS• Sink: Stainless steel underslung sink
• Tapware: Sink mixer or equivalent
• Under bench oven: European 60cm
• Cooktop: European gas 60cm
• Range hood: 60cm slide out recirculating range hood
• Dishwasher: Stainless steel
• Integrated microwave
• Water tap for fridge connection
BATHROOM AND ENSUITE• Floor: Borgogna White 600x600 floor tiles
• Walls: Borgogna White 297x597 tiles
• Ceiling and bulkheads: Painted plasterboard ceiling with bulkheads as required for services
• Vanity: 2 options
• Option 1 – NOBLE:
• 20mm Caesar Stone ‘Piatra Grey’ bench top Laminex Impressions ‘Jericho’ Nuance Finish
• Option 2 – OAK:
• 20mm Caesar Stone ‘Calacutta Nuvo’ generally Laminex Impressions ‘Jericho’ Nuance Finish
• Mirror: Mirror to full width of vanity unit
BATHROOM AND ENSUITE FITTINGS
• Shower screen: Aluminium semi-frameless and pivot door as determined by builder
• Vanity Basin: Semi-recessed Vitreous China or equivalent
• Toilet suite: White vitreous China dual flush
• Tapware: Chrome mixers
• Accessories: Towel rail, toilet roll holder in a chrome finish
LAUNDRY• Floor: Borgogna White 600x600 floor tiles
• Wall: Ceramic tile splashback and skirting with low sheen acrylic paint elsewhere
• Ceiling: Painted plasterboard ceilings with bulkheads as required for services
• Tapware: Chrome laundry set
• Laundry sink: 45L stainless steel tub with cabinet under
NOTES• General: We may substitute items contained in
this schedule as long as the substituted item is as at least the same quality. The location of fixtures and fittings may be changed (but the new location must not adversely affect the use or functionality of the townhouse).
• Stone: The fact that stone is a naturally occurring material, variation in colour, consistency and fault lines cannot be controlled. Builder will endeavour to match the stone displayed on the Finishes Boards, but can not guarantee the stone surface pattern and colour will not vary.
Contact: Zac Gleeson Phone: 07 3327 5000 Email: [email protected] Date: 15 May 2015
UNIT TYPE BUILDING 1, 31 MURARRIE ROAD, MURARRIE
Indicative Tax Depreciation Schedule
By obtaining a Tax Depreciation Schedule you will have the opportunity to reduce your tax assessable income, and therefore reduce the amount of tax you pay.
This in turn can significantly enhance your hard earned after tax dollars and maximise your cash flow.
Other services our Asset Services team offers: Replacement Cost Estimates/Fire Insurance Reports Sinking Fund Analysis Personal Investment Analyses Asset Registers Capital Replacement & Maintenance Reserve Fund Reports Due Diligence Reports
Please contact our Asset Services Team on 1800 808 289 for any further information.
INDICATIVE DEPRECIATION SCHEDULE
15 May 2015
Building 1 Typical Unit
The table below provides an indicative 10-year Forecast of the Depreciation using the Diminishing Value Method for Calculating the Decline in Value of the Depreciating Assets and uses the Prime Cost Method to calculate the Capital Works Deductions as required by the ATO.
Year 2Year 1 Year 4Year 3 Year 6Year 5 Year 8Year 7 Year 10Year 9
$6,570 $5,818 $4,482 $3,483 $2,729 $2,152 $1,710 $1,360 $1,089 $875Depreciation Allowances
TEN YEAR FORECAST
31 Murarrie Road, Murarrie
Capital Allowances $7,913 $7,913 $7,913 $7,913 $7,913 $7,913 $7,913 $7,913 $7,913 $7,913
TOTAL $14,483 $13,731 $12,395 $11,396 $10,642 $10,065 $9,623 $9,273 $9,002 $8,788
$0.00
$2,000.00
$4,000.00
$6,000.00
$8,000.00
$10,000.00
$12,000.00
$14,000.00
$16,000.00
YR 1 YR 2 YR 3 YR 4 YR 5 YR 6 YR 7 YR 8 YR 9 YR10
The First Year is based on a full year, ie:- 365 days.
This is an Indicative Report, to be used as a guide only and as such cannot be used or relied upon as a Depreciation Report for Taxation Purposes.
After Settlement, please contact our Asset Services Team at Mitchell Brandtman on 1800 808 289 or email [email protected] to finalise your Tax Depreciation Report for inclusion in your Tax Return.
Mitchell Brandtman is a firm of Quantity Surveyors and as such is not qualified to give professional advice on matters relating to taxation claims and returns. We are however qualified to advise on costs of plant equipment and building works.
The report is produced on the terms and understanding that Mitchell Brandtman is not :
1) Responsible for the results of any actions taken on the basis of information in this document or any error in, omission from this document; 2) Engaged in rendering legal, accounting or taxation advice.
Mitchell Brandtman provides independent professional advice and assistance to the construction and property industry.
SPACE 01
INDICATIVE DEPRECIATION SCHEDULE
15 May 2015
Building 2 Typical Unit
The table below provides an indicative 10-year Forecast of the Depreciation using the Diminishing Value Method for Calculating the Decline in Value of the Depreciating Assets and uses the Prime Cost Method to calculate the Capital Works Deductions as required by the ATO.
Year 2Year 1 Year 4Year 3 Year 6Year 5 Year 8Year 7 Year 10Year 9
$5,709 $5,193 $3,957 $3,049 $2,373 $1,863 $1,473 $1,169 $932 $748Depreciation Allowances
TEN YEAR FORECAST
31 Murarrie Road, Murarrie
Capital Allowances $7,322 $7,322 $7,322 $7,322 $7,322 $7,322 $7,322 $7,322 $7,322 $7,322
TOTAL $13,031 $12,515 $11,279 $10,371 $9,695 $9,185 $8,795 $8,491 $8,254 $8,070
$0.00
$2,000.00
$4,000.00
$6,000.00
$8,000.00
$10,000.00
$12,000.00
$14,000.00
YR 1 YR 2 YR 3 YR 4 YR 5 YR 6 YR 7 YR 8 YR 9 YR10
The First Year is based on a full year, ie:- 365 days.
This is an Indicative Report, to be used as a guide only and as such cannot be used or relied upon as a Depreciation Report for Taxation Purposes.
After Settlement, please contact our Asset Services Team at Mitchell Brandtman on 1800 808 289 or email [email protected] to finalise your Tax Depreciation Report for inclusion in your Tax Return.
Mitchell Brandtman is a firm of Quantity Surveyors and as such is not qualified to give professional advice on matters relating to taxation claims and returns. We are however qualified to advise on costs of plant equipment and building works.
The report is produced on the terms and understanding that Mitchell Brandtman is not :
1) Responsible for the results of any actions taken on the basis of information in this document or any error in, omission from this document; 2) Engaged in rendering legal, accounting or taxation advice.
Mitchell Brandtman provides independent professional advice and assistance to the construction and property industry.
SPACE 01
INDICATIVE DEPRECIATION SCHEDULE
15 May 2015
Building 3 Typical Unit
The table below provides an indicative 10-year Forecast of the Depreciation using the Diminishing Value Method for Calculating the Decline in Value of the Depreciating Assets and uses the Prime Cost Method to calculate the Capital Works Deductions as required by the ATO.
Year 2Year 1 Year 4Year 3 Year 6Year 5 Year 8Year 7 Year 10Year 9
$6,485 $5,815 $4,454 $3,448 $2,692 $2,119 $1,679 $1,335 $1,066 $855Depreciation Allowances
TEN YEAR FORECAST
31 Murarrie, Murarrie
Capital Allowances $7,493 $7,493 $7,493 $7,493 $7,493 $7,493 $7,493 $7,493 $7,493 $7,493
TOTAL $13,978 $13,308 $11,947 $10,941 $10,185 $9,612 $9,172 $8,828 $8,559 $8,348
$0.00
$2,000.00
$4,000.00
$6,000.00
$8,000.00
$10,000.00
$12,000.00
$14,000.00
$16,000.00
YR 1 YR 2 YR 3 YR 4 YR 5 YR 6 YR 7 YR 8 YR 9 YR10
The First Year is based on a full year, ie:- 365 days.
This is an Indicative Report, to be used as a guide only and as such cannot be used or relied upon as a Depreciation Report for Taxation Purposes.
After Settlement, please contact our Asset Services Team at Mitchell Brandtman on 1800 808 289 or email [email protected] to finalise your Tax Depreciation Report for inclusion in your Tax Return.
Mitchell Brandtman is a firm of Quantity Surveyors and as such is not qualified to give professional advice on matters relating to taxation claims and returns. We are however qualified to advise on costs of plant equipment and building works.
The report is produced on the terms and understanding that Mitchell Brandtman is not :
1) Responsible for the results of any actions taken on the basis of information in this document or any error in, omission from this document; 2) Engaged in rendering legal, accounting or taxation advice.
Mitchell Brandtman provides independent professional advice and assistance to the construction and property industry.
SPACE 02
INDICATIVE DEPRECIATION SCHEDULE
15 May 2015
Building 3 Typical Unit 22
The table below provides an indicative 10-year Forecast of the Depreciation using the Diminishing Value Method for Calculating the Decline in Value of the Depreciating Assets and uses the Prime Cost Method to calculate the Capital Works Deductions as required by the ATO.
Year 2Year 1 Year 4Year 3 Year 6Year 5 Year 8Year 7 Year 10Year 9
$5,602 $5,061 $3,868 $2,987 $2,330 $1,832 $1,451 $1,154 $921 $741Depreciation Allowances
TEN YEAR FORECAST
31 Murarrie Road, Murarrie
Capital Allowances $7,336 $7,336 $7,336 $7,336 $7,336 $7,336 $7,336 $7,336 $7,336 $7,336
TOTAL $12,938 $12,397 $11,204 $10,323 $9,666 $9,168 $8,787 $8,490 $8,257 $8,077
$0.00
$2,000.00
$4,000.00
$6,000.00
$8,000.00
$10,000.00
$12,000.00
$14,000.00
YR 1 YR 2 YR 3 YR 4 YR 5 YR 6 YR 7 YR 8 YR 9 YR10
The First Year is based on a full year, ie:- 365 days.
This is an Indicative Report, to be used as a guide only and as such cannot be used or relied upon as a Depreciation Report for Taxation Purposes.
After Settlement, please contact our Asset Services Team at Mitchell Brandtman on 1800 808 289 or email [email protected] to finalise your Tax Depreciation Report for inclusion in your Tax Return.
Mitchell Brandtman is a firm of Quantity Surveyors and as such is not qualified to give professional advice on matters relating to taxation claims and returns. We are however qualified to advise on costs of plant equipment and building works.
The report is produced on the terms and understanding that Mitchell Brandtman is not :
1) Responsible for the results of any actions taken on the basis of information in this document or any error in, omission from this document; 2) Engaged in rendering legal, accounting or taxation advice.
Mitchell Brandtman provides independent professional advice and assistance to the construction and property industry.
SPACE 03
INDICATIVE DEPRECIATION SCHEDULE
15 May 2015
Building 4 Typical Units 12-17
The table below provides an indicative 10-year Forecast of the Depreciation using the Diminishing Value Method for Calculating the Decline in Value of the Depreciating Assets and uses the Prime Cost Method to calculate the Capital Works Deductions as required by the ATO.
Year 2Year 1 Year 4Year 3 Year 6Year 5 Year 8Year 7 Year 10Year 9
$8,800 $7,845 $6,296 $5,113 $4,193 $3,470 $2,893 $2,428 $2,048 $1,738Depreciation Allowances
TEN YEAR FORECAST
31 Murarrie Road, Murarrie
Capital Allowances $6,978 $6,978 $6,978 $6,978 $6,978 $6,978 $6,978 $6,978 $6,978 $6,978
TOTAL $15,778 $14,823 $13,274 $12,091 $11,171 $10,448 $9,871 $9,406 $9,026 $8,716
$0.00$2,000.00$4,000.00$6,000.00$8,000.00
$10,000.00$12,000.00$14,000.00$16,000.00$18,000.00
YR 1 YR 2 YR 3 YR 4 YR 5 YR 6 YR 7 YR 8 YR 9 YR10
The First Year is based on a full year, ie:- 365 days.
This is an Indicative Report, to be used as a guide only and as such cannot be used or relied upon as a Depreciation Report for Taxation Purposes.
After Settlement, please contact our Asset Services Team at Mitchell Brandtman on 1800 808 289 or email [email protected] to finalise your Tax Depreciation Report for inclusion in your Tax Return.
Mitchell Brandtman is a firm of Quantity Surveyors and as such is not qualified to give professional advice on matters relating to taxation claims and returns. We are however qualified to advise on costs of plant equipment and building works.
The report is produced on the terms and understanding that Mitchell Brandtman is not :
1) Responsible for the results of any actions taken on the basis of information in this document or any error in, omission from this document; 2) Engaged in rendering legal, accounting or taxation advice.
Mitchell Brandtman provides independent professional advice and assistance to the construction and property industry.
SPACE 04
BUDGET
INCOME
Levies - Administration Fund $ 59,242.84
Total Admin Fund Income $ 59,242.84
EXPENDITURE
Auditor Fees $ - For the first year
Body Corporate Administration Management $ 4,680.00 $195.00 per lot per annum x 24 townhouses
Insurance Premiums – Building $ 7,267.13 2nd Year of Insurance
Income Tax Returns Preparation & Co-ordination $ 750.00
GST Compliance (BAS) $ 1,000.00 $250.00 per quarter
MyStrata/License Fees $ 510.00
Bio Basin Maintenance $ 3,000.00 Annual Maintenance
Caretaker/ Management Rights $ 30,000.00 $1,250.00 per lot per annum
Caretaker Consumables $ 1,000.00 Fuel, oil, lawn mower maintenance
Repairs & Maintenance - Gardens & Grounds $ 1,000.00
Repairs & Maintenance - Building $ 750.00 If not under warranty or defect liability period
Repairs & Maintenance- Plumbing $ 500.00 If not under warranty or defect liability period
Repairs & Maintenance - Electrical $ 500.00 If not under warranty or defect liability period
Repairs & Maintenance - General $ 500.00
Council Fees $ 200.00 Backflow testing
Electricity $ 450.00 Communal areas
Water Rates $ 500.00 Communal
Pest Control & Termite Inspection $ 800.00 For Second year
Sundry Expenses $ 450.00 Signage, common seal stamp etc
SUBTOTAL GST 5,385.71$
TOTAL PROPOSED ADMINISTRATIVE FUND EXPENDITURE $ 59,242.84
First Financial YearBUDGET
Estimated Sinking Fund $ 10,000.00 Calculated Estimate - QS required to complete formal Sinking Fund Forecast Report
Subtotal $ 9,090.91 GST 909.09$ TOTAL PROPOSED ADMINISTRATIVE FUND EXPENDITURE $ 10,000.00
SINKING FUND REMARKS
$ 53,857.13
PROPOSED ANNUAL BUDGET – ADMINISTRATIVE FUNDBody Corporate for Portavilla Community Title Scheme
31 Murarrie Road, MurarrieFirst Financial Year: TBC
ADMINISTRATION FUND REMARKS
P: 07 3361 9960 F: 07 3361 9900E: [email protected]
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Uni
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56 B
ound
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Stre
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EST
END
Q 4
101
P: 3
361
9960
F: 3
361
9990
E: a
dmin
@bc
allia
nce.
com
.au
T HE ‘A’ T EAM
TH E CO RSO HOUSE , BESPOKE RES ID ENCE
Dedicated to creating
remarkable places
In the crucible of the city, lifestyle and location combine with people and their dreams to create something far greater
than the sum of the parts. At Azure, the process of refining the ingredients of site, design and materials into spaces in which
people can achieve their best lives is one we take great delight in.
It is also one we approach with a persistent dedication to quality. Our repertoire of core expertise across construction, design, planning and development gives the company a multi-faceted skill-set that ensures
our properties are an impeccable fusion of value and luxury.
A testament to the noteworthy talents of the company’s directors is their previous legacy of more than two dozen award-winning residential projects, including multiple times being named HIA Home of the Year across Queensland, Gold Coast/Brisbane or
National categories.
Full attention is paid to aesthetics, engineering and considering the actual lived experience of being in one of our developments, so those who invest in our properties can for many years to come, enjoy the
experience of living in places that say, “welcome home”.
“OUR PURSUIT OF MULTI-FACETED EXCELLENCE ULTIMATELY HAS ONE SIMPLE AIM
- TO SAY TO YOU, “WELCOME HOME.”
Azure Developments
P ORTAV I L L A
31 Murarr ie Road , Murarr ie QLD 4172
PHONE THE AZURE SALES CONCIERGE ON +61 7 3227 1575
PORTAVILLA.COM.AU