INFORMATION MEMORANDUM Wilson Lane, Bendigo FOR SALE Wilson Lane, Bendigo CBD
JAYDEN DONALDSON
M: 0437 177 379 E: [email protected]
GLENN REA
M: 0429 027 220 E: [email protected] Artist’s impression. Final building may alter from image.
Wilson Lane, BENDIGO CBD | 1 Wilson Lane
Named after the mid-block connection that is set to become an important pedestrian link for Bendigo, Wilson Lane will bring a new standard of accessible and environmentally sustainable design to the heart of Bendigo. Conveniently located within walking distance of shops, cafes, carparks, the bus commuter hub and the rail link direct to Southern Cross Station, Wilson Lane, located at 23 Wills Street and extending through to Garsed Street, Bendigo, will be a landmark building at the southern end of the Bendigo central business district. Wilson Lane is currently under construction and is scheduled for completion by the end of 2021. Key Features: • Inner city living at its best - within walking distance to all that the vibrant and cosmopolitan Bendigo CBD has to offer. • Construction quality and workmanship - Designed to offer a crafted experience, every detail has been carefully considered and built with the highest quality fittings and finishes. • Accessibility - Unique circulation and design features have been included to provide exceptional livability, particularly for people with mobility issues. • Sustainability - Environmental sustainability, energy consumption and waste management has been at the forefront of the design in each space throughout the building. • Vistas - With generous decks and expansive spaces throughout, these elevated homes provide breathtaking views over the Bendigo skyline. Artist’s impression. Final building may alter from image.
Wilson Lane, BENDIGO CBD | 2 Bendigo
Bendigo is located some 150 kilometres to the North West of Melbourne and is Victoria’s 3rd largest City behind Melbourne and Geelong. It is serviced by hourly passenger train to the state’s capital and also a dual lane Freeway. The population of Bendigo is currently estimated at 120,000 with forward estimates showing a population of some 156,000 by 2036, making the region one of the fastest growing areas nationally and a property ‘hot spot’. Of note, pre-covid Qantas were running daily flights to and from Sydney, with plans and costings complete to add further services to places like Adelaide and also Canberra in the not too distant future. Continued talk of a fast rail link to Melbourne will further unlock growth opportunities in the region, particularly for the commuter market. Bendigo also enjoys one of Australia’s most renowned Arts Precincts, which is located close to the headquarters of the ASX top 100 listed Bendigo & Adelaide Bank. Other key drivers of the local economy are the new Hospital precinct, which recently had an almost $1 billion facelift, the La Trobe University Campus, the Fosterville Mine and the new GovHub and Law Courts development. There are currently 3 large scale Hotel developments going through planning at council which is further testament to the growth trajectory of the Bendigo region.
Wilson Lane, BENDIGO CBD | 3 Bendigo CBD
Bendigo City Centre is the most important retail and commercial centre for northern and central Victoria. It is Greater Bendigo’s primary employment area, providing a full range of higher order commercial, retail, visitor, social, civic, cultural, tourism and entertainment activities. There are estimated to be over 14,000 jobs located in the City Centre, with a forecast for continued growth in the health sector, financial and insurance services, professional services, and education and training. The City Centre generates an economic output of $3.3 billion, close to one quarter of the output for Greater Bendigo. It is expected that the CBD will grow from the current population figure of around 5,900 to 8,700 by 2036. Bendigo is attractive to young adults with 15.8 percent of the population aged between 20 and 29 years. A number of older buildings in the city have found a new lease of life with conversions to apartment living. With cafes and restaurants on the doorstep, and the stunning Rosalind Park as your backyard, it’s easy to see why people are enjoying all the benefits of city living in a community that still very much continues to feel like a large country town.
Wilson Lane, BENDIGO CBD | 4 MILLSON DEVELOPMENTS W AT E R S T
WILSON LANE 111 MIT CHELL 26
B A R N A R D S T 27 B A X T E R S T
28
C AFES CULTURE
29 20 01 Ex Lion Tamer 19 Bendigo Cinemas 02 Cortille 20 Ulumbara Theatre 03 Old Green Bean 21 The Capital Theatre
4 04 Percy & Percy 22 Bendigo Art Gallery
30 05 The Good Loaf 23 Post Office Gallery
C H A P E L S T 24 Sacred Heart Cathedral
RESTAURANTS 25 Discovery Science & Technology Centre
P A R K R D 06 Masons of Bendigo
21 31 07 The Woodhouse RECREATION
V IE W S T 08 Piyawat Thai 22 HARGREAVES ST R O W A N S T 09 Wine Bank on View 26 Tom Flood Sports Centre
P A L L M A L L 27 Bendigo Grass Tennis Courts B U L L S T M C LV O R H W Y 10 The Dispensary 23 HOPETOUN ST 11 Mr Beebe’s 28 Bendigo Bowls Club 10 12 Rocks on Rosiland 29 Bendigo Aquatic Centre 12 MACKENZIE ST 30 Queen Elizabeth Oval 9 3
18 B ARS F O R E S T S T P ARKLAND LYTTLETON TER 11 M A R K E T S T 13 Handle Bar 31 Rosalind Park 24 S H O R T S T 14 Golden Vine Hotel 32 Ewing Park
RETAIL
M Y E R S S T 15 Bendigo Marketplace M IT C H E L L S T 6 16 Bendigo Wholefoods B AT H L N 17 Coles Supermarket 13 16
17 18 Myer 2 7 5
MOLLISON ST
8 AT YOUR DOORSTEP W IL L IA M S O N S T
Q U E E N S T 3 minute walk to 7 minute walk to 1 Bendigo Marketplace Alexandra Fountain M C L A R E N S T K I N G S T
19 4 minute walk to 7 minute drive to
32 Bendigo Station Bendigo Health
W I L L S S T
M Y R T L E S T
G A R S E D S T 25 A R T H U R S T
15
14
Wilson Lane, BENDIGO CBD | 5 Greater Bendigo Region
Goornong Whipstick Barnadown Bagshot Woodvale Leichardt
Epsom Wellsford Fosterville
Eaglehawk Ascot
Marong Maiden Gully Tooleen
BENDIGO Longlea Golden Square Axedale Junortoun Kangaroo Flat
Strathfieldsaye
Lockwood Ladys Pass Axe Creek Shelbourne Mandurang South Eppalock Ravenswood Lockwood South
Sedgwick
Derrinal Heathcote
Bradford Harcourt North Lyall Ravenswood South Nuggety Sutton Grange
Walmer
Wilson Lane, BENDIGO CBD | 6 Design Features
Sustainable design Wilson Lane will be one of Bendigo’s most environmentally responsible buildings incorporating a range of sustainability measures to help reduce energy/water consumption and waste output and create a quality indoor environment. Sustainability measures incorporated into the design include: • High performance openable double glazing, designed to maximise natural light and ventilation through your home whilst also thermally and acoustically insulating you from the outside when you need it; • LED and sensor lighting - to minimise power usage; • Installation of an Embedded Network - linked to a rooftop 40kw solar electricity system, which means that the building can buy green energy at wholesale customer rates, offset the building use by what we generate and charge each occupant for their relative consumption at a reduced relative cost; • Electrical sub board and management - enables electric charge stations for 100% of vehicles on site;
Artist’s impression. Final building may alter from image.
Wilson Lane, BENDIGO CBD | 7 Design Features
Continued... • Centralised hot water - a highly efficient Co2 heat exchanger running on a constant loop not only removes connection fees being duplicated but means water is immediately at temperature and reduces water wastage and heating costs; • No gas - All cook tops are induction and with the centralised hot water plant the building will be carbon neutral in use; • Acoustic and thermal insulation and thermal mass - increased to ensure that occupants are always comfortable, and the conditioned spaced below the apartments help pre condition the homes so that minimal mechanical intervention is needed to keep the homes comfortable; • Organic waste - on site processing into reusable fertiliser; • Waste and recyclables - separation and private collection several times a week; and • Convenient CBD location - reducing resident need to drive.
Artist’s impression. Final building may alter from image.
Wilson Lane, BENDIGO CBD | 8 Accessible design
During the building design phase, accessibility consultants were engaged to ensure that the building is suitable for people with mobility issues. Whilst challenging to design and more expensive to build, we feel this feature is a unique value proposition as it makes it the only central Bendigo development that supports residents to age in place. Design elements seamlessly integrated include: • set down decks and bathrooms slabs to allow water to drain away without needing to have raised hobs; • wider doorways; • increased circulation space in kitchens and bathrooms that allow for mobility aids; and • ensuring that occupants can move around the entire site without ever encountering a step.
Artist’s impression. Final building may alter from image.
Wilson Lane, BENDIGO CBD | 9 Additional design features
Connectivity The installation of Fibre Optic Cabling will ensure the fastest possible internet connections. Outdoor Park We have incorporated “Harrison Park”, a grassed public open space, where building occupants can take a break, enjoy lunch or a coffee and get some sunshine during the work-day. Parking Parking studies prepared by consulting group, Trafficworks Pty Ltd as part of the building’s design process identified 1,868 public car parking spaces within 400m of the building, with 442 of those parking spaces being the minimum observed number of vacant spaces during the study period. The 1,868 car parking spaces excludes the car parking spaces available at the Bendigo Market Place, as these are not strictly classified as public car parking spaces. Wilson Lane underground and secure parking is accessed via Garsed Street with remote keyless entry. Each apartment is allocated car parking and lockable storage spaces.
Artist’s impression. Final building may alter from image.
Wilson Lane, BENDIGO CBD | 10 Ground Level – Retail & Hospitality
The curved form of building facing Wills Street has been designed to draw your eye towards the northern edge, whilst at Garsed Street the park is in stark contrast to the commercial frontages that dominate the public realm. These two features combine to invite pedestrians into a weather protected and vibrant laneway that will be home to boutique retail and hospitality businesses and also serve as the private entry, to the residential levels above. Being below what will be Bendigo’s most sought after business hub as well as three levels of housing, the laneway will be activated by the community that share the building. This, combined with the striking form of the building and its role as a pedestrian link from the Bendigo Market Place/ Railway Station to the historical CBD, makes it easy to see why Wilson Lane will be a celebrated and iconic place within Bendigo.
Artist’s impression. Final building may alter from image.
Wilson Lane, BENDIGO CBD | 11 Ground Level & First Level – Business Centre
The impact of technology on the way we all work means that the role of a work space is evolving. Wilson Lane is designed to bring a new standard of accessible and environmentally sustainable design, is conveniently located and will be a landmark building at the southern end of the Bendigo central business district. The design of the building provides an opportunity for a new type of workplace that meets the evolving needs of local medium sized professional businesses. This design will make Wilson lane the most sought-after business address in Bendigo. The Wilson Lane Business Centre vision is to provide building occupants with facilities generally only available to larger businesses. This is achieved by taking responsibility for delivering and managing the office areas that have less utilisation and thus creating a flexible workspace, where people can choose from a range of spaces that better support their activities and strengthen their connection with colleagues. This in turn helps to grow the culture and productivity and ultimately success of businesses within the Wilson Lane Business Centre, which in turn ensures more secure tenants for the building, well into the future.
Artist’s impression. Final building may alter from image.
Wilson Lane, BENDIGO CBD | 12 Ground Level & First Level – Business Centre
Continued...
The Wilson Lane Business Centre shared services include: • Amenities - including male, female and disabled toilets on two levels as well as showers, personal lockers and bike storage areas; • Connectivity - throughout the shared zones of the building, high speed Wi-Fi and integrated technology is provided, so that meeting room audio visual equipment and shared zone copiers will link seamlessly with tenants’ system; • Concierge and Client Lobby - entering from Wills St will see a staffed reception space where clients will be greeted and can wait in a hotel lobby like setting, whilst tenants are notified of their client’s arrival. With adjoining hospitality tenants on the ground floor, tenants’ clients will be able to access refreshments whilst they wait; • Meeting Rooms - fully furnished meeting rooms, integrated with video conferencing facilities and online booking system, to conduct client meetings.
Artist’s impression. Final building may alter from image.
Wilson Lane, BENDIGO CBD | 13 Residences Overview
Spread over the top three levels with sweeping city views, the residences at Wilson Lane are best described as elevated homes. Each home has been designed for living, with even the smallest 2-bedroom apartment proportioned for an 8 person dining table, 6 seat modular lounge and generous circulation around queen sized beds. The combination of 3.0m exposed concrete ceilings, full height high performance glazed windows and sophisticated finishes combine in an artistic balance of light and form. Beautiful materials, such wide timber floorboards, timber joinery and an elegant marble benchtop, will weather passing trends to create timeless spaces of enduring appeal.
Artist’s impression. Final building may alter from image.
Wilson Lane, BENDIGO CBD | 14 Level 2 (ex. 202) & 3
APARTMENT XXX203 FINISHESFINISHES WILSON LANE Apartment Finishes GENERAL
Walls & Ceilings Timber Oak Floors Carpet External Balcony Tiles/Pavers Joinery Joinery (Alternative Option) Colour: Dulux Natural White Royal Oak Floors Trojan Twist 100% Pure Wool Finish: Basalt Appearance Prefi nished Natural Timber Veneer Prefi nished Natural Timber Veneer Colour: White Smoked Colour: Ares Finish: Oak Rift White Wash Finish: Oak Rift Swamp
GENERAL (CONT.) KITCHEN STUDY
Entry Door Benchtop Benchtop (Alternative Option) Splashback Benchtops & Shelves Prefi nished Natural Timber Veneer Natural Stone Slab Natural Stone Slab Glass Moasic Solid Timber Finish: Oak Rift White Wash Colour: Toros Black Fine Line Marble Colour: Elba White Marble Colour: GO46 Midnight American Oak Finish: Honed Finish: Honed Finish: White Washed
BATHROOM & ENSUITE LAUNDRY
Wall Tiles Floor Tiles Splashback Floor Tiles Piemonte White Urban Ossidiana Alaska Gloss Urban Ossidiana Finish: Gloss Finish: Matt Finish: Gloss Finish: Matt
Wilson Lane, BENDIGO CBD | 15 Level 2 (202, 203, 206, 207)
APARTMENT 203XXX FIXTURESFIXTURES WILSON LANE Apartment Finishes KITCHEN
Induction Cooktop Oven Semi-Integrated Dishwasher Sink Just Pull Out Sink Mixer Miele KM 6363 Miele H 2265 B (76 Lt) Miele G4920 i AFA Exact 792 Inset/Umnt Gessi 20577B Finish: Black
BATHROOM & ENSUITE
Back to Wall Freestanding Bath Bath Mixer Set Single Waterrail Shower Mixer Extended Basin Mixer Single Towel Rail Caroma Aura 1400 Mizu Drift Mizu Drift Mizu Drift Mizu Drift Milli Axon Mk2 Finish: Black Finish: Black Finish: Black Finish: Black Finish: Black
Back to Wall Pan Toilet Cistern & Buttons Toilet Roll Holder Roca Meridian Geberit Sigma 75 Caroma Liano Nexus Finish: Black
Wilson Lane, BENDIGO CBD | 16 29
APARTMENT 301 APARTMENT 302 APARTMENT 303 WILLS ST WILLS LEVEL THREE LEVEL
RESIDENCE FLOORPLANS
APARTMENT 306 APARTMENT 305 APARTMENT 304 APARTMENT
Level Two - Residences
APARTMENT 201 APARTMENT 202 APARTMENT 203 APARTMENT 204
SOLD SOLD SOLD WILLS ST WILLS LEVEL TWO LEVEL RESIDENCE FLOORPLANS
28 28 SOLD28 28
APARTMENT 208 APARTMENT 207 APARTMENT 206 APARTMENT 205 APARTMENT APARTMENT 205 APARTMENT 206 APARTMENTAPARTMENT 207 205 APARTMENTAPARTMENT 208 206 APARTMENTAPARTMENT 207 205 APARTMENT 208206 APARTMENTAPARTMENT 205 207 APARTMENTAPARTMENT 206 208 APARTMENT 207 APARTMENT 208
Wilson Lane, BENDIGO CBD | 17 28 RESIDENCE FLOORPLANS RESIDENCE FLOORPLANS RESIDENCE FLOORPLANS RESIDENCE FLOORPLANS LEVEL TWO LEVEL TWO LEVEL TWO LEVEL TWO
WILLS ST WILLS ST WILLS ST WILLS ST
APARTMENT 204 APARTMENT 203 APARTMENT 202 204 APARTMENT APARTMENT 201 203 APARTMENT APARTMENT 202 204 APARTMENT APARTMENT 201 203 APARTMENT APARTMENT 204 202 APARTMENT APARTMENT 203 201 APARTMENT APARTMENT 202 APARTMENT 201 APARTMENT
APARTMENT 304 APARTMENT 305 APARTMENT 304 APARTMENT 306 APARTMENT 305 APARTMENT 304 APARTMENT 306 APARTMENT 305 APARTMENT 304 APARTMENTAPARTMENT 306 305 APARTMENT 306 RESIDENCE FLOORPLANS RESIDENCE FLOORPLANS RESIDENCE FLOORPLANS RESIDENCE FLOORPLANS LEVEL THREE LEVEL THREE LEVEL THREE LEVEL THREE
WILLS ST WILLS ST WILLS ST WILLS ST
APARTMENT 303 APARTMENT 302 APARTMENT 303 APARTMENT 301 APARTMENT 302 APARTMENT 303 APARTMENT 301 APARTMENT 302 APARTMENT 303 APARTMENT 301 302 APARTMENT APARTMENT 301 APARTMENT 29 29 29 29 28 28 28
APARTMENT 205 APARTMENT 206 APARTMENT 207 APARTMENTAPARTMENT 208 205 APARTMENT 206 APARTMENT 207APARTMENT 205 APARTMENTAPARTMENT 208 206 APARTMENT 207 APARTMENT 208 RESIDENCE FLOORPLANS RESIDENCE FLOORPLANS RESIDENCE FLOORPLANS LEVEL TWO LEVEL TWO LEVEL TWO 29 WILLS ST WILLS ST WILLS ST Level Three - Residences
APARTMENT 301 APARTMENT 302 APARTMENT 303
SOLD SOLD SOLD
APARTMENT 204 APARTMENT 203 APARTMENT 202 APARTMENT 201 204 APARTMENT APARTMENT 203 APARTMENT 202 APARTMENT 204 APARTMENT 201 203 APARTMENT APARTMENT 202 APARTMENT 201 APARTMENT WILLS ST WILLS LEVEL THREE LEVEL RESIDENCE FLOORPLANS
SOLD
APARTMENT 306 APARTMENT 305 APARTMENT 304 APARTMENT APARTMENT 304 APARTMENT 305 APARTMENT 306APARTMENT 304 APARTMENT 305 APARTMENT 304APARTMENT 306 APARTMENT 305 APARTMENT 306
Wilson Lane, BENDIGO CBD | 18 RESIDENCE FLOORPLANS RESIDENCE FLOORPLANS RESIDENCE FLOORPLANS LEVEL THREE LEVEL THREE LEVEL THREE WILLS ST WILLS ST WILLS ST
APARTMENT 201 APARTMENT 202 APARTMENT 203 APARTMENT 204
APARTMENT 303 APARTMENT 302 APARTMENT 301 APARTMENT 303 APARTMENT 302 APARTMENT 303 301 APARTMENT APARTMENT 302 APARTMENT 301 APARTMENT WILLS ST WILLS 29 29 29 LEVEL TWO LEVEL
RESIDENCE FLOORPLANS
APARTMENT 208 APARTMENT 207 APARTMENT 206 APARTMENT 205 APARTMENT 28 31
to the material and palette selection reflects reflects selection and palette the material to these are homes where simple details delight. simple details homes where these are Throughout Wilson Lane, an exacting approach approach an exacting Wilson Lane, Throughout Bendigo’s rich history. From the distinctive green green the distinctive From rich history. Bendigo’s tile that references the grand old hotels, to the warm the warm to old hotels, the grand references tile that timber palette, that nods to the surrounding bushland, bushland, the surrounding nods to that timber palette, THE FINISHING TOUCH FINISHING THE
Level Four - Residences
APARTMENT 401 APARTMENT 402
SOLD WILLS ST WILLS 30 30 LEVEL FOUR LEVEL RESIDENCE FLOORPLANS
SOLD APARTMENT 403 APARTMENT
APARTMENT 403 APARTMENT404 404APARTMENT APARTMENT 403 APARTMENT 404 RESIDENCE FLOORPLANS RESIDENCE FLOORPLANS LEVEL FOUR LEVEL FOUR
30 Wilson Lane, BENDIGO CBD | 19
WILLS ST WILLS ST
APARTMENT 402 APARTMENT 401 APARTMENT 402 APARTMENT 401 APARTMENT THEFINISHING TOUCH THEFINISHING TOUCH timber palette, that nods to the surrounding bushland, timber palette, that nods to the surrounding bushland, tile that references the grand old hotels, to the warm tile that references the grand old hotels, to the warm Bendigo’s rich history. From the distinctive green Bendigo’s rich history. From the distinctive green Throughout Wilson Lane, an exacting approach Throughout Wilson Lane, an exacting approach these are homes where simple details delight. these are homes where simple details delight. to the material and palette selection reflects to the material and palette selection reflects
31 31 Apartment Pricelist
Apartment Internal Size m2 Deck Size m2 Car Spaces Storage Size m2 Price
201 140 26 SOLD 202 112 28 SOLD Level 2 203 126 27 1 10.5 $675,000 204 117 17 SOLD 2 Bedrooms | 2 Bathrooms 205 120 20 SOLD 206 120 25 1 10.5 $675,000 207 116 25 1 10.5 $675,000 208 142 28 1 11.5 $750,000
APARTMENT INTERNAL SIZE (m2) DECK SIZE (m2) PRICE Apartment Internal Size m2 Deck Size m2 Car Spaces Storage Size m2 Price 301 176 43 SOLD 302 151 41 301 176 43 SOLD 303 112 20 Level 3 302 151 41 SOLD 304 93 24 303 112 20 3 Bedrooms | 2 Bathrooms SOLD 305 135 61 $925,000 304 93 24 2 11 m2 306 166 63 $1,000,000 305 135 61 2 11 $925,000 2 13 m2 306 166 63 2 13 $1,000,000
Apartment Internal Size m2 Deck Size m2 Car Spaces Storage Size m2 Price
Level 4 401 178 49 2 13 $1,300,000 402 180 53 SOLD 3 Bedrooms | 2 Bathrooms 403 172 58 2 13 $1,225,000 404 169 57 SOLD
Wilson Lane, BENDIGO CBD | 20 Level Two - Apartment 203
12 12
12
INTERNAL AREA: 9 9 125.5 m2 9 DECK AREA: 26.6 m2 LOCKUP STORAGE: 5 5 5 10.5 m2 CARSPACES: 1 6 6
6 10 10
10 1. Entry 8. Ensuite 2. Kitchen 9. Bedroom 2
4 4 3. Pantry 10. Bathroom 7 7 4 4. Dining 11. Laundry 7
8 8 5. Living 12. Balcony 13 13 8 6. Bedroom 1 13. Study 13 7. Walk-in Robe
1 21 2 3 3 11 11 1 2 3 Plan 1:100 at A4 Plan 1:100 at A4 11 Plan 1:100 at A4 0 1 20 3 1 2 3
0 1 2 3
2 BEDROOM / 2 BATHROOM2 BEDROOM / 2 BATHROOM 1 ENTRY 1 ENTRY6 BEDROOM 1 6 BEDROOM11 LAUNDRY 1 11 LAUNDRY
2 BEDROOMINTERNAL / 2 BATHROOM AREA INTERNAL– 125.5m 2 AREA – 125.15m ENTRY2 2 KITCHEN 62 BEDROOMKITCHEN7 WALK-IN 1Wilson ROBELane,117 BENDIGOLAUNDRYWALK-IN12 BALCONY ROBE CBD | 21 12 BALCONY LEVEL TWOLEVEL TWO INTERNAL AREA – 125.5m 2 2 2 2 KITCHEN 7 WALK-IN ROBE 12 BALCONY LEVEL TWO DECK AREA – 26.DECK6m AREA – 26. 6m 3 PANTRY 3 PANTRY8 ENSUITE 8 ENSUITE13 STUDY 13 STUDY 2 APARTMENTAPARTMENT 203 DECK203 AREALOCK – 26. UP6m STORAGELOCK – 10.5 UP mSTORAGE3 – 10.53 mPANTRY3 4 DINING 84 ENSUITEDINING9 BEDROOM 2139 STUDYBEDROOM 2
3 APARTMENT 203 LOCK UP STORAGECAR SPACES – 10.5 – 1mCAR SPACES – 1 4 DINING5 LIVING 95 BEDROOMLIVING10 BATHROOM 2 10 BATHROOM
CAR SPACES – 1 5 LIVING 10 BATHROOM Assumptions Cashflow Outcomes
Purchase Price $675,000 Unfurnished Furnished
Level Two - Stamp Duty $37,125 Annual rent $24,700 $30,940 Apartment 203 Rates $2,834 Management Fees -$1,976 -$2,475 Weekly Rent (unfurnished) $475 Interest -$21,364 -$21,364
Weekly Reent furnished $595 Rates -$2,834 -$2,834
Management fee 8.00% OC Fees -$3,000 -$3,000
Tax rate (inc Medicarte Levy) 47.00% Depreciation -$15,915 -$18,765
Borrowing % 105.50% Taxable Income/(Loss) -$20,388 -$17,498
Loan $712,125 Tax refund/(payable) $9,583 $8,224
Loan Interest Rate 3.00% Add back depreciation (non cash) $15,915 $18,765
Net annual cashflow $5,109 $9,491
Owners Corporation Management Fees
Item Annual Estimated Cost Allocation Charge
Sinking Fund $25,000 2.40% $600
Insurance $20,000 2.40% $480
Cleaning of Common Areas $15,000 2.40% $360
Electricity & Gas $10,000 2.40% $240
Waste Collection $11,000 2.40% $264
Maintenance $15,000 2.40% $360
Essential Safety Measures $15,000 2.40% $360
Management Fees $10,000 2.40% $240
Water rates $4,000 2.40% $96
TOTAL $125,000 $3,000
Wilson Lane, BENDIGO CBD | 22 Depreciation Schedule
Useful Est. value included in Est. Cost outside of Annual Depreciation Annual Depreciation Item Level Two - Life Price contract (unfurnished) (furnished)
Apartment 203 Capital Works 40 $408,000 $10,200 $10,200
Floor covering - Carpet 10 $6,400 $640 $640
Floor covering - Timber 15 $14,400 $960 $960
Air Conditioning Units 10 $20,000 $2,000 $2,000
Oven(s) 12 $7,000 $583 $583
Rangehood 12 $2,300 $192 $192
Cooktop 10 $3,600 $360 $360
Dishwasher 10 $1,800 $180 $180
Blinds 10 $8,000 $800 $800
Fridge 12 $3,000 $250
Washing Machine & Dryer 10 $3,000 $300
Kitchen Items 5 $2,000 $400
Furniture 13.33 $20,000 $1,500
TV & Stereo 10 $4,000 $400
TOTAL $463,500 $40,000 $15,915 $18,765
Wilson Lane, BENDIGO CBD | 23 Disclaimer
The information contained in this ‘Wilson Lane Information Memorandum’ (Report) includes forward- looking statements and forecast financial information. Jackmeester Pty Ltd (Trustee) as trustee for the Jackmeester Unit Trust’s expectations, beliefs and projections are expressed in good faith and are believed to have a reasonable basis. There can be no assurance, however, that its expectations, beliefs or projections will materialise, be achieved, or be accomplished. Such statements (none of which is intended as a guarantee of performance) are subject to certain assumptions, risks and uncertainties, many of which are beyond the Trustee’s control, which could cause the actual future results to differ materially from those projected or anticipated by the Report. Accordingly, you should not place undue reliance on the forward-looking statements and forecast financial information contained in the Report. Nothing contained in this Report constitutes investment, legal, tax or other advice. The information does not take into account the investment objectives, financial situation or particular needs of any recipient. Before making an investment decision, each recipient of this Report should make its own assessment and take independent professional advice in relation to the information and any action taken on the basis of this Report. Neither the Trustee nor its director, members, associates or related entities, nor any other person related to the Trustee provides any representation or warranty, express or implied, in relation to the accuracy or completeness of the information contained in the Report.
JAYDEN DONALDSON GLENN REA
M: 0437 177 379 M: 0429 027 220 E: [email protected] E: [email protected]