Residential Development 28,436 Lots
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PROPERTY COMPENDIUM 31 DECEMBER 2011 INVESTMENT DEVELOPMENT MAP DOWNLOAD EXCEL PRINT PDF DISCLAIMER RESIDENTIAL COMMERCIAL Residential Development 28,436 Lots DesignDavey PROPERTY COMPENDIUM 31 DECEMBER 2011 INVESTMENT DEVELOPMENT MAP DOWNLOAD EXCEL PRINT PDF DISCLAIMER RESIDENTIAL PIPELINE RESIDENTIAL COMMERCIAL NEW SOUTH WALES QUEENSLAND VICTORIA RESIDENTIAL FORECAST REVENUE WESTERN AUSTRALIA BACK NEXT DesignDavey PROPERTY COMPENDIUM 31 DECEMBER 2011 INVESTMENT DEVELOPMENT MAP DOWNLOAD EXCEL PRINT PDF DISCLAIMER RESIDENTIAL PROJECT PROJECT SETTLEMENT SETTLEMENT CURRENT PERIOD COMMERCIAL ACQUISITION VALUE TOTAL DATE DATE PRICE RANGE (CALENDER CONSTRUCTION OWNERSHIP PROPERTY DATE LOCATION (INCL. GST) LOTS RELEASED EXCHANGED SETTLED FROM1 TO1 FROM/TO YEAR) PROGRESS2 DESCRIPTION STRUCTURE NEW SOUTH WALES IN PROGRESS QUEENSLAND VICTORIA 100% Mirvac THE ROYAL Jun 07 Newcastle $154m 167 167 148 146 Apartments Limited WESTERN AUSTRALIA $500,000 – mid 2007 – Stage 1A $87m 94 94 84 82 Apr 10 Sep 13 $4.2m mid 2013 100% BACK NEXT $330,000 – mid 2007 – Stage 1B $67m 73 73 64 64 Apr 10 Sep 13 $4.5m mid 2013 100% 100% MWRDP RHODES (Mirvac Limited WATERSIDE 20% equity MWRDP Jan 073 Rhodes $644m 933 933 791 667 Apartments interest) $380,000 – end 2006 – Completed Stages $170m 259 259 259 259 May 08 May 10 $1.4m mid 2010 100% $453,000 – early 2008 – Stage 4 Amarco $145m 222 222 222 222 Dec 09 Nov 11 $1.0m end 2011 100% $420,000 – mid 2011 – Stage 5 Pinnacle $170m 231 231 107 0 Oct 13 Aug 14 $1.5m mid 2014 0% $350,000 – mid 2010 – Stage 8 Elinya $73m 107 107 104 104 Jul 11 Jun 12 $1.2m mid 2012 100% Stage 9 $420,000 – early 2011 – Waters Edge $86m 114 114 99 82 Dec 11 Jul 12 $1.4m mid 2012 100% 100% Mirvac ENDEAVOUR 88 Apr 03 Coogee $215m 141 141 141 86 Housing Limited $1.2m – end 2009 – Stage 2 $50m 35 35 35 35 Mar 11 Jul 11 $1.6m mid 2011 100% $1.2m – end 2010 – Stage 3 $69m 46 46 46 46 Jul 11 Nov 11 $1.7m end 2011 100% $1.4m – early 2011 – Stage 4 $49m 31 31 31 5 Nov 11 Apr 12 $1.8m early 2012 75% $1.3m – mid 2011 – Stage 5 $47m 29 29 29 0 Apr 12 Jun 12 $1.8m mid 2012 35% $495,000 – early 2011 – 100% Mirvac CHATSWOOD, ERA Jun 08 Chatswood $289m 295 295 287 0 May 14 Apr 15 $2.1m end 2015 5% Apartments Limited HAROLD PARK $495,000 – early 2012 – Mix of apartments 100% Mirvac PRECINCT 1 Dec 104 Glebe $260m 296 296 153 0 Feb 14 Jul 14 $1.7m mid 2014 0% and terraces Limited 100% Mirvac PANORAMA Jun 01 Glenfield $203m 545 468 439 413 Limited $250,000 – mid 2001 – Mix of residential Completed Stages $97m 250 250 250 250 Dec 05 Sep 10 $500,000 mid 2011 100% and retail lots $245,000 – mid 2001 – Residential lots Stage 2A $52m 132 128 128 128 Jun 10 Aug 12 $510,000 mid 2012 95% and spec houses $225,000 – mid 2001 – Residential lots Stage 2B $24m 64 43 33 8 Jul 11 Mar 13 $510,000 early 2013 100% and spec houses $1.6m – early 2007 – Stage 4 $2m 27 27 27 27 Jul 11 Jul 11 $1.6m mid 2011 100% Land $285,000 – mid 2011 – Residential lots Stage 5 $28m 72 20 1 0 Feb 12 Dec 13 $500,000 early 2014 50% and spec houses Mix of residential PDA with NEWBURY ESTATE Dec 99 Stanhope $229m 1,761 1,720 1,713 1,703 and retail lots Landcom $150,000 – mid 2000 – Completed Stages $198m 1,641 1,641 1,641 1,641 Jun 02 Apr 10 $550,000 end 2010 100% $300,000 – early 2011 – Stage 8 $31m 120 79 72 62 Jun 11 Nov 13 $525,000 end 2013 55% $185,000 – end 2003 – 100% Mirvac ASHGROVE Jun 02 Auburn $127m 263 263 263 263 Feb 07 Jul 11 $615,000 mid 2011 100% Residential estate Limited $135,000 – early 2008 – 100% Mirvac GILLIESTON Jul 06 Gillieston $83m 403 177 136 128 Mar 08 Oct 17 $465,000 early 2018 50% Residential estate Limited 100% Mirvac SPRING FARM Jun 08 Spring Farm $90m 323 284 232 218 Limited mid 2008 – Completed Stages $1m 1 1 1 1 Jun 10 Jun 10 $450,000 mid 2010 100% Lot sale $175,000 – mid 2008 – Stage 1 $39m 124 124 114 114 Oct 08 Jul 12 $410,000 mid 2012 100% Residential estate $160,000 – mid 2008 – Built form Stage 2A $15m 56 56 52 50 Nov 09 Apr 12 $370,000 mid 2012 95% and land lots $160,000 – mid 2008 – Built form Stage 2B $13m 47 47 44 40 Dec 10 Feb 12 $390,000 mid 2012 100% and land lots $175,000 – mid 2008 – Built form Stage 2C $7m 29 29 20 13 Apr 11 May 12 $350,000 mid 2012 100% and land lots $160,000 – mid 2008 – Built form Stage 3 $15m 66 27 1 0 Apr 12 Apr 13 $400,000 mid 2013 70% and land lots MIDDLETON Middleton 100% Mirvac GRANGE Dec 10 Grange $147m 479 282 228 192 Residential Limited $180,000 – end 2010 – Stage 1 – 2 $18m 56 52 50 41 Dec 10 Oct 12 $415,000 end 2012 80% $190,000 – end 2010 – Stage 3 $26m 67 67 63 63 Jan 11 Mar 12 $470,000 early 2012 90% $200,000 – end 2010 – Stage 4 $40m 141 136 111 88 Jun 11 Apr 12 $440,000 mid 2012 90% $215,000 – end 2010 – Stage 5 $25m 83 27 4 0 Apr 12 Dec 12 $470,000 end 2012 50% $220,000 – end 2010 – Stage 6 $38m 132 0 0 0 Aug 12 Jul 13 $415,000 mid 2013 40% $160,000 – end 2007 – PDA with FLETCHER Dec 07 Fletcher $40m 268 178 142 130 Nov 08 Oct 14 $515,000 end 2014 80% Residential estate Kingston Fletcher Elizabeth PDA with ELIZABETH HILLS Sep 07 Hills $55m 217 93 8 0 Residential estate Landcom $300,000 – mid 2010 – Stage 1 $26m 100 93 8 0 Jan 12 Jun 12 $550,000 end 2012 95% $235,000 – mid 2010 – Stage 2 $29m 117 0 0 0 Jul 12 May 13 $410,000 end 2013 50% PROJECT VALUE ACQUISITION (INCL. TOTAL PROJECT PERIOD PROPERTY DATE LOCATION GST) LOTS (CALENDER YEAR) DESCRIPTION OWNERSHIP STRUCTURE PROPOSED Apartments and HAROLD PARK Dec 10 4 Glebe $813m 915 mid 2012 – early 2019 terraces 100% Mirvac Limited Mix of residential PANORAMA Jun 01 Glenfield $79m 237 mid 2012 – end 2015 and retail lots 100% Mirvac Limited SPRING FARM Jun 08 Spring Farm $27m 108 mid 2013 – mid 2014 Houses 100% Mirvac Limited Elizabeth ELIZABETH HILLS Sep 07 Hills $126m 431 end 2012 – end 2015Land lots PDA with Landcom ELIZABETH POINT (PREVIOUSLY KNOWN AS Elizabeth Mix of residential HOXTON PARK) Dec 10 Point $86m 246 end 2012 – end 2015 and retail lots 100% Mirvac Limited NEW BRIGHTON New PDA with New Brighton GOLF COURSE Dec 10 Brighton $117m 294 end 2014 – end 2017 Integrated housing Golf Club JV with CIC GOOGONG Dec 11 Googong $1.7m 5,774 early 2013 – mid 2033 Land Australia Ltd 1) SETTLEMENT DATES MAY VARY AS CIRCUMSTANCES CHANGE. 2) CONSTRUCTION PROGRESS AS A PERCENTAGE OF COST, WHICH INCLUDES LAND SUBDIVISION BUT NOT LAND ACQUISITION. 3) TRANSACTION DATE. 4) DATE OPTION ENTERED INTO, SETTLEMENT OCCURRED JULY 2011. DesignDavey PROPERTY COMPENDIUM 31 DECEMBER 2011 INVESTMENT DEVELOPMENT MAP DOWNLOAD EXCEL PRINT PDF DISCLAIMER Map SatMap TerSat EarthTer RESIDENTIAL COMMERCIAL NEW SOUTH WALES QUEENSLAND VICTORIA ©2012 Google - WESTERN AUSTRALIA Map data ©2012 Google, Whereis(R), Sensis Pty Ltd - Terms of Use BACK NEXT THE ROYAL VIEW LARGER MAP 1 – 7 KING STREET, NEWCASTLE, NSW DESCRIPTION The Royal, Newcastle Beach, is located on the site of the former Royal Newcastle Hospital. Landcom was commissioned to create a Concept Plan in 2003 and when the final concept plan was approved expressions of interest were called from companies wishing to partner with Landcom in developing the site. Mirvac Group was selected in 2007. Mirvac developed the site in various stages which includes 3 buildings being the Nickson, Hannell and McCaffrey buildings. Nickson and Hannell were part of the first stage of the development and contain 94 apartments. The two buildings were designed by multi award winning Tzannes Associates. The third building, McCaffrey, is a 16 storey building containing 73 apartments. The building includes a 4.5 star hotel, The Sebel Newcastle Beach, which occupies the first 5 floors of the building. The site also includes 4 retail outlets being a bar, cafe, day spa and restaurant. SUMMARY INFORMATION – 31 DECEMBER 2011 IN PROGRESS ACQUISITION DATE JUN 07 LOCATION NEWCASTLE PROJECT VALUE (INCL. GST) $154M TOTAL LOTS 167 PROJECT PERIOD (CALENDAR YEAR) MID 2007 – MID 2013 OWNERSHIP STRUCTURE 100% MIRVAC LIMITED UPDATE Stages 1a & 1b are complete. Marketing activity will continue until the remaining stock has sold. Marketing of the retail lots will commence early 2012. Mirvac entered into a put and call in December 2011 in relation to the Hotel. The put and call has not yet been exercised. The site incorporating Stages 1C and 2 was sold in December 2011 with settlement to occur in July 2012. DesignDavey PROPERTY COMPENDIUM 31 DECEMBER 2011 INVESTMENT DEVELOPMENT MAP DOWNLOAD EXCEL PRINT PDF DISCLAIMER Map Sat Ter Earth RESIDENTIAL COMMERCIAL NEW SOUTH WALES QUEENSLAND VICTORIA ©2012 Google - WESTERN AUSTRALIA Map data ©2012 Google, Whereis(R), Sensis Pty Ltd - Terms of Use BACK NEXT RHODES WATERSIDE MWRDP VIEW LARGER MAP SHORELINE DRIVE, RHODES, NSW DESCRIPTION Rhodes Waterside is located in a fast growing area of Sydney on the Parramatta River adjacent to significant infrastructure including Rhodes railway station, Millennium Parklands, Sydney Olympic Park and Rhodes Shopping Centre.