The Grove sales brochure

GROVE2-4 Norman Grove, Thomastown

SALES MANUALThiS docUMENT rEMAiNS ThE propErTy of JpAV iNVESTMENT

fEw ThiNgS iN LifE LEAVE A LASTiNg iMprESSioN.yoU’rE AboUT To UNLock oNE of ThEM.

SUMMAry 04

LocATioN 06

iNVESTMENT 09

SiTE dETAiL 14

fiXTUrES & fiTTiNgS 20

ApArTMENTS 23

LEVEL pLANS 26

fLoorpLANS 29

pLAN of SUbdiViSioN 54

TAX dEprEciATioN 56

CONTENTS

The natural assets of the views, sunlight and breeze; have all been amplified. These are homes with an ideal location

and aspect. A more confident expression of contemporary Melbourne architecture would be difficult to find.

created by award winning designers, grove’s artistic taste is demonstrated by its timbered, rendered and panelled design

in this unique residence of 23 masterful 1 and 2 bedroom apartments with optional study/homeoffice.

Situated in Thomastown, these apartments offer key features such as a communal garden and bbQ area as well as

secure entry, undercover parking and lift access.

ThE

ARCHITECTSiMprESSioN

4

Artist impression 5

LOCATION

Thomastown Train Station

Lalor Train Station

bus route 525, 554, 557, 570

pUbLic TrANSporT

Thomastown Secondary college

Thomastown primary

Thomastown west primary School

EdUcATioN

Metropolitan ring road 1km

cbd 14km

hume freeway 2km

Thomastown recreation and Aquatic centre

Thomastown football club

AMENiTy

Epping plaza 2km

Lalor hub Shopping precinct

high Street Shopping precinct

wesfield plenty Valley 4km

ShoppiNg

7

Thomastown WestPrimary School

Thomastown Library

Thomastown Secondary College

Thomastown Primary

Thomastown Station

High StreetShopping Precinct

Lalor Hub Shops

Safeway

EPPING PLAZA2kms

IGATHOMASTOWN

EPPING

Thomastown Recreation

and Aquatic Centre

Thomas StreetReserve

Huskisson AvenueReserve

Keon Park Station

Lalor Station

H

IGH

STR

EET

HIG

H S

TREE

T

HIG

H S

TREE

T

METROPOLITAN RING ROAD

METROPOLITAN RING ROAD

ED

GA

RS R

OA

D

EDG

ARS

RO

AD

MAIN STREET

MAIN STREET

SPRING STREET

VIC

TORI

A D

RIV

E

V

ICTO

RIA

DRI

VE

H

UM

E FR

EEW

AY

HUME

FREE

WAY

MAHONEYS ROAD

MAHONEYS ROAD

CBD14kms

8

INVESTMENT

9

VICTORIA

MELBOURNE

PORTPHILLIP

BAY

MELBOURNE CBD

THOMASTOWN

AUSTRALIA

ThE worLd’S

most LIVEABLE CITYMELboUrNE, AUSTrALiA

hE EcoNoMiST iNTELLigENcE UNiT’S gLobAL LiVAbiLiTy SUrVEy 2013 10

2-4 NorMAN

iS proUd To cALL MELboUrNE hoME

ThE idEAL pLAcE To iNVEST iN

Melbourne is the world’s most liveable city with over

4.1mpeople calling Melbourne home.

Australia ranks as the

13thlargest economy

in the world.

Melbourne will overtake Sydney as Australia’s

largest citywithin three decades.


MELSyd

11

Thomastown was the

2ndfastest growing suburb in Melbourne in 2013.

rental return for apartments in Thomastown

is forecast to be at least

6%per annum.

in 2013, approximately

75%of international students in

Australian higher education were born in Asia

capital growth for apartments in Thomastown is forecast to be at least

11%per annum over the next 10 years.

A cLEVEr iNVESTMENTfor diScErNiNg bUyErS

12

Artist impression 13

SITE DETAIL

The site is located in the municipality of whittlesea at the South end of Norman grove in Thomastown. The land, which is currently occupied by two single storey weather board buildings; with a frontage of

34.20 metres and a depth of 36.69 metres.

A pedestrian entry and lobby associated with the apartments above will be located on the

west side, accessed from Norman grove.

The entrance and exit to the carpark is also from the west side entering from Norman grove.

SUMMAry

Each residence sold within the development will be strata titled. The building will consist of

23 residential apartments over 4 levels.

Total Land Area: 1,254 square metres

frontage on Norman grove: 34.20 metres

Structure: Three (4) storey apartment building

yield: 23 dwellings

configuration: 9 x 1 bed and 14 x 2 bed Apartments

parking: 28 x car parking Spaces

owNErShip

The following identifies the energy saving initiatives to be included:

• Automated recycling of building storm water to service landscaping and toilet flushing

• Operable windows to allow natural ventilation• An average energy rating of 7 stars

• Energy efficient light fittings• Insulation to roofs and walls

• Installation of a large roof mounted solar system to offset power costs to the strata pricing.

SUSTAiNAbiLiTy

15

• The Building comprises 3 levels above ground and 1 level below ground.

• The Ground Level comprises of a lobby, main entry, and ground level apartments.

• The basement contains the car parks, storage units and services.

ApArTMENTS

• Tiled flooring with feature rug

• Feature perforated metal and mirror wall panelling

• The building is serviced by one lift enabling fast travel time

• Mailboxes which are individually lockable.

MAiN ENTrANcE

construction is anticipated to commence in late 2014

for a Mid to Late 2015 completion.

TiMEfrAME

• Floor-to-ceiling windows

• Ceiling height approximately 2.4 metres to Living Areas

• Option of timber flooring or tiles throughout kitchen and Living Areas

• Carpet to all Bedrooms

• Bosch ovens and gas cook tops

• Compact dishwasher

• Individually designed kitchens.

fEATUrES

The common property of the building incorporates a fire detection system connected to a central alarm system.

The building also has hydrants and hose reels installed throughout the common areas of the building.

All residences have a self-contained smoke alarm system. residence detectors only sound within the residence.

firE dETEcTioN hoT wATEr

The building incorporates an energy efficient hot water system to each residence.

EXhAUST• Kitchen Range hoods – All residences have a range hood

exhausted direct to outside via concealed duct work.

• Bathroom and Laundry – Exhausted to outside via concealed duct work.

16

recessed downlights provided to bedrooms, kitchen & living areas.

LighTiNg

Terraces and balconies adjoining a living room or bedroom will have a

full height sliding door.

TErrAcES & bALcoNiES

reverse cycle split system providing heating and cooling in the living rooms. Most habitable rooms include

operable windows/doors to allow natural ventilation.

Slim line panel heaters in every bedroom.

Air coNdiTioNiNg

• All entries to the building and car park require a proximity security card to gain access.

• An audiovisual intercom system will be provided at all Entry doors.

• Visitors call the resident via the audiovisual intercom at the main entry lobby.

• Lift to have floor specific lock out function and card access.

bUiLdiNg SEcUriTy

There is a bin area in the basement where garbage and recyclables are stored that will be

transported by the building manager for collection.

wASTE MANAgEMENT

windows that are accessible by owners from Terraces or from the inside are to be cleaned by the owners.

inaccessible windows are the responsibility of the owners’ corporation.

wiNdow cLEANiNg

17

floors: concrete.External walls: concrete and timber frame

with insulated panels.

Unit boundary/party walls: fire rated concrete and acoustic rated plasterboard.

internal unit walls: painted plasterboard.

roof: Metal deck on concrete structure.

insulation: Thermal insulation to external walls and roof to Australian building code requirements.

STrUcTUrE

windows: glazing to Australian standards in powder coated aluminum frames. Acoustic treatment

to windows facing Norman grove.

doors: Solid core entry doors and hollow core internal doors.

ceilings: painted plasterboard.

car parking: concrete.

Stairs: concrete stairs with metal handrail.

MorE

The grove is a strata title building.

An owners’ corporation Management company will be appointed by glencairn to be ratified at the first Annual

general Meeting. representatives of the owners’ corporations and the Strata Manager meet as required to determine any

issues regarding the management of the building.

STrATA TiTLE

• Designer fixtures and fittings

• Appliances are stainless steel

• Dishwasher is included

kiTchEN &bAThrooM fiXTUrESkitchen Living/dining: down and/or Track Lights.

corridor/Entry: down lights.

bedrooms: down lights.

wet areas: down lights, exhaust fan.

TV: one point for living room and main bedroom, wired for free to air MATV system. provision for pay tv

with connection by purchaser.

Telephone: one point per living room.

intercom: Audio/video intercom single point.

ELEcTricAL &coMMUNicATioNS

owners’ corporation rules have been created to ensure a cohesive living environment.

owners’ corporation Levies are estimated at a cost of circa $1,000 - $1,600 per annum.

owNErS’ corp rULES & fEES

18

fixtures and fittings

20

kiTchEN

SiNk Stainless Steel Undermount Sink

MiXEr Single Lever Mixer

cook Top bosch Stainless Steel cook top

oVEN bosch Stainless Steel oven

rANgEhood built in Stainless Steel rangehood

diShwAShEr bosch dishwasher

SpLAShbAck Assorted finishes available

bENch Top Assorted finishes available

JoiNEry UNiTS Selected Vinyl wrap (or similar)

fLoor Selected Timber or Tile

bAThrooM

bASiN white basin and cabinet

bASiN MiXEr wall Mixer and Spout

VANiTy cAbiNETS Selected Laminate

ToiLET SUiTE Vitreous china — white Toilet Suite with Soft close Seat

ShowEr TApwArE Single Level Mixer and Shower rose

ShowEr ScrEEN Semi-frameless glass

Mirror polished Edged Mirror

AccESSoriES Towel rail, Toilet roll holder, Soap dish

fLoor & wALL TiLE Selected Tile

LiViNg ArEAS & bEdrooMS

fLooriNg Selected Timber or Tile to Living; Selected carpet to bedrooms

wALLS/cEiLiNgS Select paint finish to plasterboard

SkirTiNgS & ArchiTrAVES Select paint finish to Skirtings and Architraves

corNicES Square Set

ENTry & iNTErNAL doorS flush panel door with Selected door furniture

LighTiNg Selected recessed downlights

wArdrobE robes with hanging rail and Shelves

gENErAL

wiNdowS Aluminium frame, Sliding doors to Terraces and courtyards

wALLS/cEiLiNgS Select paint finish to plasterboard

coUrTyArdS/TErrAcES Selected Tile

ENTry Lobby Tiled floor with feature Lighting and panelling

SEcUriTy Video/Audio intercom

LAUNdry Space for washing Machine and dryer; Trough and cabinet

hEATiNg & cooLiNg reverse cycle Air-conditioning to Living Areas

TELEphoNE/high SpEEd iNTErNET one point to Living room and Main bedroom

MATV/pAy TV one point to Living room and Main bedroom

SErVicE coNNEcTioNS Metered Electricity, water, and gas where available

cArpArk Secure carpark with Security Access control System

LANdScApiNg As per plan

fixtures and fittings

The information provided is illustrative only and may not be relied upon. in particular the final area dimensions of any apartment sold will be determined by the contract of sale and may differ slightly as a result of documentation and construction. Areas calculated in accordance with plan method of measurement for residential property and the indicative floor plan is not to scale. furniture is indicative for display purposes only. Subject to any terms implied by law which cannot be excluded, the developer accepts no responsibility for any loss, damage, cost or expense by you as a result of any error, omission or misrepresentation of information. All information is subject to change without notice. 21

APARTMENTS

groUNd bEddiNg coNfigUrATioN SizE bALcoNy ToTAL ArEAUnit 1 2 bedroom plus Study 79.63m2 12.70m2 86.83m2

Unit 2 1 bedroom plus Study 47.26m2 8.05m2 54.46m2

Unit 3 2 bedroom 63.82m2 8.60m2 72.42m2





Unit 8 1 bedroom 57.27m2 8.20m2 65.47m2

Unit 9 2 bedroom 55.80m2 8.05m2 65.47m2


Unit 11 2 bedroom 64.75m2 8.55m2 73.30m2

firST/SEcoNd fLoor bEddiNg coNfigUrATioN SizE bALcoNy ToTAL ArEAUnit 12 2 bedroom 61.45m2 8.05m2 68.7m2


Unit 14 2 bedroom 61.25m2 10.05m2 71.30m2


Unit 16 1 bedroom 72.95m2 9.75m2 82.70m2





Unit 21 2 bedroom 65.60m2 8.10m2 72.70m2

Unit 22 2 bedroom 67.10m2 8.05m2 73.85m2


24

level plans


The information provided is illustrative only and may not be relied upon. In particular the final area dimensions of any apartment sold will be determined by the contract of sale and may differ slightly as a result of documentation and construction. Areas calculated in accordance with plan method of measurement for residential property and the indicative floor plan is not to scale. Furniture is indicative for display purposes only. Subject to any terms implied by law which cannot be excluded, the developer accepts no responsibility for any loss, damage, cost or expense by you as a result of any error, omission or misrepresentation of information. All information is subject to change without notice.

2-4 Norman Grove, Thomastownwww.groveapartments.com.au

VISITORS 4

BIN

BIK

E H

AN

GIN

G R

AC

KS

VISITORS 3

VISITORS 2

NO

RM

AN

GR

OV

E

VISITORS 1CP7

CP8

LIFT

ST

ST

STSTST

CP9

CP10

CP23

CP22

CP21

CP20

CP19

CP18 CP17 CP16 CP15 CP14 CP13 CP12

ST

ST

ST ST ST ST

ST ST ST ST ST

CP11

CP6

CP5

CP4

CP3

CP2

CA

R S

TAC

KER

CA

R S

TAC

KER

CA

R S

TAC

KER

CA

R S

TAC

KER

CP1

BIK

E H

AN

GIN

G R

AC

KS

ENTRANCELOBBY

BATH

BATH

BATH

BATH

BATHBATH

BATH

BATHBATH

BATH

BATH

LIVING

LIVING LIVING

LIVING

LIVINGLIVING

LIVING

LIVINGLIVINGLIVINGLIVING

63.82m2

KITCHEN

KITCHEN KITCHEN

KITCHEN

KITCHEN

KITCHEN

KITCHEN

KITCHENKITCHEN

KITCHENKITCHEN

ENTRY

ENTRY

ENTRY

ENTRY

ENTRYENTRY

ENTRY

ENTRYENTRY

ENTRY

ENTRY

HO

ME

OFF

ICE

HOME OFFICE

STUDY

STAIRS

STAIRS

STUDY

STUDY

STUDY

LIFT

LDR

LDR

LDR

LDR

LDR

LDR

LDR

BEDROOM

BEDROOM

BEDROOM

BEDROOM 1

BEDROOM 1

RETREAT

BEDROOM 2BEDROOMBEDROOM 2

BEDROOM

BEDROOM 1

BEDROOM 2

BEDROOM 1

BEDROOM 2BEDROOM BEDROOM

APT 4

59.06m2

APT 663.95m2

APT 7

64.75m2

APT 11

55.80m2

APT 9

57.27m2

APT 8

47.23m2

APT 10

65.98m2

APT 5

79.63m2

APT 1

47.26m2

APT 263.82m2

APT 3

LETTERBOXES

TERRACE8.87m2

TERRACE8.60m2

TERRACE8.05m2

TERRACE8.05m2

TERRACE5.50m2

TERRACE9.22m2

TERRACE8.61m2

TERRACE8.05m2

TERRACE8.55m2

TERRACE8.05m2

TERRACE8.05m2TERRACE

8.20m2

NO

RM

AN

GR

OV

EbASEMENT groUNd




LIVINGLIVING

LIVING

LIVING

LIVING

NO

RM

AN

GR

OV

E

LIVING

BEDROOM 2

BEDROOM 2

BEDROOM 2

BATH

KIT

CH

EN

KITCHEN

KITCHENKIT

CH

ENK

ITC

HEN

KIT

CH

EN

36.95m2

APT 15

36.30m2

APT 18

55.57m2

APT 19

41.05m2

APT 16

32.55m2

APT 17

40.30m2

APT 20

TERRACE9.75m2

TERRACE9.75m2

TERRACE8.05m2

TERRACE9.75m2

TERRACE9.75m2

TERRACE8.05m2

NO

RM

AN

GR

OV

E

BATH

BATH

BATH

BATH

BATH

BATH

BATH

BATH

STAIRS

STAIRS

LIFT

BATH

BATH

WIR

BATH

BATH

LIVING

LIVING

LIVING

KITCHEN

KITCHEN

KITCHEN

KITCHENKITCHEN

KITCHEN

ENTRY

ENTRY

ENTRY

ENTRY

ENTRY

ENTRY

ENTRY

ENTRY

ENTRY

ENTRY

ENTRY

ENTRY

HOME OFFICE

HOME OFFICE

HOME OFFICE

HOME OFFICE

STUDY

STUDY

STUDY

LDR

LDR

TERRACE8.05m2

TERRACE9.88m2

TERRACE8.05m2

TERRACE8.10m2

TERRACE10.05m2

TERRACE8.05m2

LDR

BEDROOM 2

BEDROOM 1BEDROOM 2BEDROOM 1

BEDROOM 2

BEDROOM 1

BEDROOM 1

BEDROOM 2

BEDROOM 2BEDROOM 1

BEDROOM 2

BEDROOM 1

BEDROOM

BEDROOM

BEDROOM 2

BEDROOM 1

BEDROOM 1

BEDROOM 1

BEDROOM 1

LIVINGLIVINGLIVING

LDR

LDRLDR

LDR

65.30m2

APT 13 61.25m2

APT 14

51.16m2

APT 15

46.16m2

APT 19

73.53m2

APT 2367.10m2

APT 2265.60m2

APT 21

48.35m2

APT 20

35.15m2APT 1842.35m2APT 17

31.90m2APT 16

61.45m2

APT 12

firST fLoor SEcoNd fLoor

floorplans




ENTRANCELOBBY

BATH

LIVING

KITCHENENTRY

BEDROOM 1

RETREAT

BEDROOM 2

79.63m2

APT 1

TERRACE8.05m2

TERRACE5.50m2

rooM diMENSioNSbedroom 1 3.0m x 4.2m

bedroom 2 3.0m x 3.6m

Living/dining 3.9m x 4.2m

kitchen 3.9m x 2.2m

Study 2.7m x 4.4m

balcony 8.05m2

balcony 2 5.50m2

internal Area 79.63m2

Total Area 86.83m2

ApArTMENT 1 2 bedrooms

1 bath

1 Study

1 garage

Approximate sizes

ground floor




BATH

LIVING

KITCHEN ENTRY STUDY

BEDROOM

47.26m2

APT 2

TERRACE8.05m2

rooM diMENSioNSbedroom 3.0m x 3.6m


kitchen 3.5m x 2.2m

Study 2.2m x 1.9m

balcony 8.05m2


Total Area 54.46m2

ApArTMENT 2 1 bedroom

1 bath

1 Study

1 garage

Approximate sizes

ground floor




BATH

LIVING

KITCHEN

ENTRY

STUDY

LDR

BEDROOM 1

BEDROOM 2

63.82m2

APT 3

TERRACE8.60m2




kitchen 4.4m x 2.4m

balcony 8.60m2


Total Area 72.42m2


1 bath

1 garage

Approximate sizes

ground floor




BATH

LIVING

63.82m2

KITCHEN

ENTRY

HO

ME

OFF

ICE

LIFT

LDR

BEDROOM

APT 4

TERRACE9.22m2



kitchen 6.0m x 3.5m

Study 4.1m x 2.0m

balcony 9.22m2


Total Area 78.04m2


1 bath

1 Study

1 garage

Approximate sizes

ground floor




BATH

LIVING

KITCHEN

ENTRY

ENTRY

HOME OFFICE

LDR

BEDROOM

65.98m2

APT 5

TERRACE8.87m2



kitchen 4.7m x 2.5m

Study 3.8m x 1.5m

balcony 8.87m2


Total Area 74.85m2


1 bath

1 Study

1 garage

Approximate sizes

ground floor




BATH

LIVING

KITCHEN

ENTRY

ENTRY

STUDY

LDRBEDROOM

59.06m2

APT 6

TERRACE8.61m2



kitchen 2.3m x 2.1m

Study 2.7m x 1.6m

balcony 8.61m2


Total Area 67.67m2


1 bath

1 Study

1 garage

Approximate sizes

ground floor




BATH

BATH

LIVING

KITCHEN

KITCHENKITCHEN

ENTRY

ENTRY

ENTRY

STUDY

STAIRS

STUDY

LDR

BEDROOM

63.95m2

APT 7

TERRACE8.05m2



kitchen 3.8m x 2.1m

Study 2.3m x 0.8m

balcony 6.85m2


Total Area 70.80m2


1 bath

1 Study

1 garage

Approximate sizes

ground floor




BATH

LIVING

KITCHEN

ENTRY

LDR

BEDROOM

BEDROOM

57.27m2

APT 8

TERRACE8.20m2


Living/dining 3m x 2.2m + 4m x 3m

kitchen 4.0m x 2.2m

balcony 8.20m2


Total Area 65.47m2


1 bath

1 garage

Approximate sizes

ground floor




BATH

LIVING

KITCHEN

ENTRY

BEDROOM 1

BEDROOM 2

55.80m2

APT 9

TERRACE8.05m2


1 bath

1 garage




kitchen 3.9m x 2.2m

balcony 8.05m2


Total Area 65.47m2

Approximate sizes

ground floor




BATHLIVING

KITCHEN ENTRY STUDY

LDR

BEDROOM

47.23m2

APT 10

TERRACE8.05m2


1 bath

1 Study

1 garage



kitchen 3.5m x 2.1m

Study 2.0m x 2.0m

balcony 8.05m2


Total Area 53.38m2

Approximate sizes

ground floor




BATH

LIVING

KITCHEN

ENTRY

STUDY

BEDROOM

BEDROOM 1

BEDROOM 2

64.75m2

APT 11

TERRACE8.55m2




kitchen 4.4m x 2.1m

balcony 8.55m2


Total Area 73.30m2


1 bath

1 garage

Approximate sizes

ground floor




BATH

STAIRS

LIVING

KITCHEN

ENTRY

TERRACETERRACE8.05m2

LDR

BEDROOM 2

BEDROOM 1

61.45m2

APT 12




kitchen 3.3m x 3.1m

balcony 8.05m2


Total Area 68.7m2


1 bath

1 garage

Approximate sizes

ground floor




BATH

LIVING

KITCHEN

KITCHEN

ENTRY STUDY LDR

TERRACE8.05m2

BEDROOM 2BEDROOM 1

65.30m2

APT 13




kitchen 3.4m x 2.2m

Study 2.5m x 1.3m

balcony 8.05m2


Total Area 72.15m2


1 bath

1 Study

1 garage

Approximate sizes

ground floor




BATH

LIVING

KITCHEN

ENTRY

LDR

TERRACE10.05m2

BEDROOM 2

BEDROOM 1

61.25m2

APT 14




kitchen 3.4m x 3.1m

balcony 10.05m2


Total Area 71.30m2


1 bath

1 garage

Approximate sizes

ground floor




BATH

ENTRY

ENTRY

HOME OFFICE

BEDROOM 2

BEDROOM 1

51.16m2

APT 15

LIVING

KITCHEN

36.95m2

APT 15

TERRACE9.75m2




kitchen 3.4m x 3.1m

Study 3.2m x 3.0m

balcony 9.75m2


Total Area 97.85m2


1 bath

1 Study

1 garage

Approximate sizes

first floor

first floor

Second floor

Second floor




BATHLIFT

ENTRY

BEDROOM

31.90m2APT 16

LIVING

KIT

CH

EN

41.05m2

APT 16

TERRACE9.75m2



kitchen 3.5m x 2.0m

Study 3.5m x 2.0m

balcony 9.75m2


Total Area 82.70m2


1 bath

1 Study

1 garage

Approximate sizes

first floor

first floor

Second floor

Second floor




BATH

ENTRY

HOME OFFICEBEDROOM

42.35m2APT 17

LIVING

KIT

CH

EN

32.55m2

APT 17TERRACE8.05m2

first floor

first floor

Second floor

Second floor



kitchen 3.5m x 2.0m

Study 3.1m x 2.6m

balcony 8.05m2


Total Area 81.15m2


1 bath

1 Study

1 garage

Approximate sizes




BATH

ENTRY

ENTRY

STUDY BEDROOM 1

35.15m2APT 18

LIVING

BEDROOM 2

BATH

KIT

CH

EN

KITCHEN

36.30m2

APT 18

TERRACE8.05m2




kitchen 3.5m x 1.5m

Study 2.5m x 2.1m

balcony 8.05m2


Total Area 78.55m2


1 bath

1 Study

1 garage

Approximate sizes

first floor

first floor

Second floor

Second floor




BATH

BATHSTAIRS

WIR

ENTRY

HOME OFFICE

BEDROOM 1

46.16m2

APT 19

LIVING

BEDROOM 2

BATH KITCHEN

55.57m2

APT 19

TERRACE9.75m2




kitchen 5.7m x 2.0m

Study 3.6m x 1.9m

balcony 9.75m2


Total Area 111.48m2


1 bath

1 Study

1 garage

Approximate sizes

first floor

first floor

Second floor

Second floor




BATH

ENTRY

HOME OFFICE

BEDROOM 1 LDR

48.35m2

APT 20

LIVING

BEDROOM 2

KIT

CH

EN

40.30m2

APT 20

TERRACE9.75m2




kitchen 3.5m x 2.0m

Study 4.1m x 2.5m

balcony 9.75m2


Total Area 98.40m2


1 bath

1 Study

1 garage

Approximate sizes

first floor

first floor

Second floor

Second floor







kitchen 2.7m x 2.0m

balcony 8.10m2


Total Area 72.70m2


1 bath

1 garage

Approximate sizes

BATH

KITCHEN

KITCHEN

ENTRY

TERRACE8.05m2

TERRACE8.10m2

BEDROOM 2

BEDROOM 1

LIVINGLIVINGLDR

65.60m2

APT 21

first floor







kitchen 6.0m x 2.5m

balcony 8.05m2


Total Area 73.85m2


1 bath

1 garage

Approximate sizes

BATHKITCHEN

KITCHEN

ENTRY

TERRACE8.05m2

BEDROOM 2BEDROOM 1

LIVING LDR67.10m2

APT 2265.60m2

APT 21

first floor







kitchen 4.0m x 2.0m

Study 2.7m x 2.0m

balcony 9.89m2


Total Area 83.42m2


1 bath

1 Study

1 garage

Approximate sizes

BATH

BATHKITCHEN

ENTRY

STUDY

TERRACE9.88m2

BEDROOM 1

BEDROOM 2

BEDROOM 2

LIVING

LDR

73.53m2

APT 23

first floor

plan of subdivision

tax depreciation

NOTES This is an ESTIMATE ONLY and should not be used for tax purposes. The first year of depreciation is apportioned to the number ofdays the property was available for lease in the 1st financial year. The figures in grey italics denote items belonging to thecommon area of the building if applicable.

30/6/16 30/6/17 30/6/18 30/6/19 30/6/20 30/6/21 30/6/22 30/6/23 30/6/24 30/6/25

DepreciatingAssets

2769.83 1542.71 1315.93 1010.03 540.87 486.12 437.51 394.31 355.86 321.59

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Low Value Pool 878.63 2386.25 1491.38 1259.61 1398.38 873.99 546.26 341.38 213.38 133.35

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Building Allowance 1737.70 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00 3000.00

Common Area 217.21 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00

Total Depreciation 5603.37 7303.96 6182.31 5644.64 5314.25 4735.11 4358.77 4110.69 3944.24 3829.94

30/6/26 30/6/27 30/6/28 30/6/29 30/6/30 30/6/31 30/6/32 30/6/33 30/6/34 30/6/35

DepreciatingAssets

172.23 160.75 150.03 140.03 130.69 121.98 113.85 106.26 99.17 92.56

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Low Value Pool 417.45 260.91 163.07 101.91 64.70 41.11 26.02 14.26 9.39 5.39

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00


Common Area 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00


Job #69690 Unit 3 2-4 Norman Grove THOMASTOWN VIC 3074 P04

ES

TIM

AT

E O

NL

YPrime Cost Method

The "Prime Cost" method of depreciation can be defined as"depreciating items at a constant rate every year" derived fromthe initial value of an asset at the time eligible for depreciation.

For example: If a carpet is valued at $5,000 when the propertywas first available for lease and the effective life assigned by theTax Commissioner is 10 years, then you will be entitled to claim$500 every year fo r 10 years.

100 ÷ 10 years = 10%The 10% rate is then applied to the $5,000 value to resultin a $500 depreciation amount every year for carpet.

Year 1 Year 2 Year 3 Year 4 Year 5

$500.00 $500.00 $500.00 $500.00 $500.00

Diminishing Value Method

The "Diminishing Value" method of Depreciation is the mostpopular with investors as the percentage rate in the beginningphase of Depreciation is greater than the prime cost method forthe same period. The percentage rates then scale in line with thetotal depreciation value of the item for the remaining depreciationperiod.

For example: The same carpet would have a slightly differentpercentage rate applied. 200 is divided by the effective life andthen the rate is applied to the previous year's adjusted value.

200 ÷ 10 years= 20%


$1000.00 $800.00 $640.00 $512.00 $409.60


NOTES This is an ESTIMATE ONLY and should not be used for tax purposes. The first year of depreciation is apportionedto the number of days the property was available for lease in the 1st financial year. The figures in grey italicsdenote items belonging to the common area of the building if applicable.

30/6/16 30/6/17 30/6/18 30/6/19 30/6/20 30/6/21 30/6/22 30/6/23 30/6/24 30/6/25

DepreciatingAssets

2058.91 1227.33 1227.33 1227.33 1227.33 1111.48 1027.33 1027.33 1027.33 1027.33

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Low Value Pool 878.63 1427.77 892.34 557.73 348.57 217.86 136.18 85.09 53.19 33.23

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00


Common Area 217.21 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00


30/6/26 30/6/27 30/6/28 30/6/29 30/6/30 30/6/31 30/6/32 30/6/33 30/6/34 30/6/35

DepreciatingAssets

760.89 567.33 519.10 484.00 484.00 300.24 166.67 166.67 166.67 166.67

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Low Value Pool 20.78 13.00 8.11 5.07 4.17 3.29 0.99 0.00 0.00 0.00

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00


Common Area 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00



ES

TIM

AT

E O

NL

Y

Diminishing Prime Cost

NOTES This is an ESTIMATE ONLY and should not be used for tax purposes. The first year of depreciation is apportioned to the number ofdays the property was available for lease in the 1st financial year. The figures in grey italics denote items belonging to the commonarea of the building if applicable.

8,000

7,000

6,000

5,000

4,000

3,000

2,000

1,000

0

Dollars 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Years


ES

TIM

AT

E O

NL

Y

Location

State VIC

Suburb Thomastown

Address Unit 32-4 Norman Grove

Region Metro

Construction

Property Type Unit/Apartment

Construction Type N/A

Construction Standard Medium

Floors in Building 3

Number of units 22

Below ground pool No

Tennis Court No

Floor Area

Bedrooms 1

Bathrooms 1

Garages Single

Total Floor Area 60m2

Dates

Constuction Period After Sept 1987

Constuction Date 1 January 2014

Purchase Date 1 December 2015

Available for rent 1 December 2015

Structural Renovations

Renovations N/A

Renovations cost (stuctural) N/A

Furniture

Furniture N/A


57

NOTES This is an ESTIMATE ONLY and should not be used for tax purposes. The first year of depreciation is apportioned to the number ofdays the property was available for lease in the 1st financial year. The figures in grey italics denote items belonging to thecommon area of the building if applicable.

30/6/16 30/6/17 30/6/18 30/6/19 30/6/20 30/6/21 30/6/22 30/6/23 30/6/24 30/6/25

DepreciatingAssets

2566.67 1387.68 1181.58 1010.03 540.87 486.12 437.51 394.31 355.86 321.59

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Low Value Pool 1636.50 3286.23 2053.88 1283.68 1413.43 883.39 552.13 345.06 215.68 134.79

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00


Common Area 217.21 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00


30/6/26 30/6/27 30/6/28 30/6/29 30/6/30 30/6/31 30/6/32 30/6/33 30/6/34 30/6/35

DepreciatingAssets

172.23 160.75 150.03 140.03 130.69 121.98 113.85 106.26 99.17 92.56

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Low Value Pool 418.34 261.47 163.41 102.13 63.83 42.11 25.01 15.24 9.02 6.03

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00


Common Area 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00



ES

TIM

AT

E O

NL

YPrime Cost Method

The "Prime Cost" method of depreciation can be defined as"depreciating items at a constant rate every year" derived fromthe initial value of an asset at the time eligible for depreciation.

For example: If a carpet is valued at $5,000 when the propertywas first available for lease and the effective life assigned by theTax Commissioner is 10 years, then you will be entitled to claim$500 every year fo r 10 years.

100 ÷ 10 years = 10%The 10% rate is then applied to the $5,000 value to resultin a $500 depreciation amount every year for carpet.


$500.00 $500.00 $500.00 $500.00 $500.00

Diminishing Value Method

The "Diminishing Value" method of Depreciation is the mostpopular with investors as the percentage rate in the beginningphase of Depreciation is greater than the prime cost method forthe same period. The percentage rates then scale in line with thetotal depreciation value of the item for the remaining depreciationperiod.

For example: The same carpet would have a slightly differentpercentage rate applied. 200 is divided by the effective life andthen the rate is applied to the previous year's adjusted value.

200 ÷ 10 years= 20%


$1000.00 $800.00 $640.00 $512.00 $409.60


NOTES This is an ESTIMATE ONLY and should not be used for tax purposes. The first year of depreciation is apportionedto the number of days the property was available for lease in the 1st financial year. The figures in grey italicsdenote items belonging to the common area of the building if applicable.

30/6/16 30/6/17 30/6/18 30/6/19 30/6/20 30/6/21 30/6/22 30/6/23 30/6/24 30/6/25

DepreciatingAssets

1962.33 1043.33 1043.33 1043.33 1043.33 927.48 843.33 843.33 843.33 843.33

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Low Value Pool 1636.50 2659.31 1662.06 1038.80 649.25 405.78 253.62 158.50 99.07 61.91

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00


Common Area 217.21 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00


30/6/26 30/6/27 30/6/28 30/6/29 30/6/30 30/6/31 30/6/32 30/6/33 30/6/34 30/6/35

DepreciatingAssets

634.81 483.33 435.10 400.00 400.00 264.90 166.67 166.67 166.67 166.67

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Low Value Pool 38.70 24.20 15.11 9.45 5.90 5.91 1.47 1.43 0.39 0.64

Common Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00


Common Area 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00 375.00



ES

TIM

AT

E O

NL

Y

Diminishing Prime Cost

NOTES This is an ESTIMATE ONLY and should not be used for tax purposes. The first year of depreciation is apportioned to the number ofdays the property was available for lease in the 1st financial year. The figures in grey italics denote items belonging to the commonarea of the building if applicable.

16,000

14,000

12,000

10,000

8,000

6,000

4,000

2,000

0

Dollars 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Years


ES

TIM

AT

E O

NL

Y

Location

State VIC

Suburb Thomastown

Address Unit 32-4 Norman Grove

Region Metro

Construction

Property Type Unit/Apartment

Construction Type N/A

Construction Standard Medium

Floors in Building 3

Number of units 22

Below ground pool No

Tennis Court No

Floor Area

Bedrooms 2

Bathrooms 1

Garages Single

Total Floor Area 120m2

Dates

Constuction Period After Sept 1987

Constuction Date 1 January 2014

Purchase Date 1 December 2015

Available for rent 1 December 2015

Structural Renovations

Renovations N/A

Renovations cost (stuctural) N/A

Furniture

Furniture N/A


58


Visit our display Suite at138 high Street, preston

www.groveapartments.com.au

All reasonble care has been taken in the preparation of this brochure. To the best of our knowledge, no relevant information has been omitted. glencairn developers disclaims all liability should any information or matte rin this project differ from the contract of sale of the actuol constructed development.

intending purchasers are advised to carry out their own investigations to satisfy themselves of the correctness of each description of reference.

glencairnd E V E L o p M E N T S

The Grove sales brochure

Documents

Transcript of The Grove sales brochure