For sale by Expression of Interest Information Memorandum EXECUTIVE SUMMARY

The land is zoned “General Certificate of Title Volume Residential Zone – schedule 1” 11409 Folios 082 & 116

33 Ha / 81.55 acres, available as sale Private sale M² 1 or in 2 lots ($E.O.I)

PROPERTY FEATURES • Lot A1 – 24.86 Ha, Lot B1 – 8.140Ha

• Available to be purchased now, or once the planning permit for 307 Residential allotments has been issued

• Extension of the exceptionally popular Ellavale Park Estate; renowned for its open spaces, large allotments and peaceful, rural atmosphere

• Over 460 lots already sold in Ellavale

• Significant amount of infrastructure already in place

• Traralgon is the largest and fastest growing city in the greater Latrobe Valley urban area (population of 75,000*) major regional hub of the Gippsland region and only an 1 hr 45min drive from Melbourne

SUBJECT SITE The site is located on the eastern edge of Traralgon’s urban area, adjacent to the extremely popular and successful ‘Ellavale Park Estate” residential subdivision.. PROPERTY DETAILS

The site comprises two existing allotments more particularly described as Lots A1 and B1 on plan of subdivision 64413R, being land contained in Certificates of Title Volume 11409 Folios 082 and 116. A copy of the certificates of title is contained in Appendix 2.

The site is irregular in shape, with a total area of approximately 33 hectares. It fronts Ellavale Drive partially alone its Western Boundary, with the remainder having an abuttal to an existing drainage and recreation reserve. Along its eastern boundary, the site has an abuttal to the western end of both Mahogany Drive and Nicholi Drive.

Views of the distant mountain ranges to the north-east of Traralgon can be seen from various vantage points across the site. The southern portion of the sites provides views of the adjacent rural residential estate to the south and south-west. TRARALGON

Traralgon is a town located in the east of the Latrobe Valley in the Gippsland region of Victoria, Australia. The urban population of Traralgon at the 2011 Census was 24,590. It is the largest and fastest growing city in the greater Latrobe Valley urban area, which has a population of more than 75,000 and is administered by the City of Latrobe.

Traralgon is part of the Latrobe Valley tri-city urban area, a small area of industry and agricultural land separates it from neighbouring Morwell. Greater Traralgon includes localities such as Traralgon, the suburb of Traralgon East and satellite localities of Hazelwood and Traralgon South to the south, and Tyres and Glengarry to the north.

The Traralgon central business district is centred around Seymour and Franklin Street and includes an indoor shopping centre – Stockland Traralgon, however, commercial and light industry sprawl along most of the eastern stretch of the Princes Highway. Notable heritage buildings include the Post Office and Courthouse erected in 1886 and Ryan’s Hotel erected in 914, both in Franklin Street.

The economy is primarily driven by primary industry, natural resources and secondary industry including coal mining, processing and fossil-fuel power generation for the National Electricity Marketing. Along with electricity production, Traralgon benefits form the mining for oil and natural gas in the nearby Bass Strait fields. A significant forestry industry operates including logging of both plantation and natural forest timber, The largest papermill in Australia is located nearby in Maryvale and provides local employment for over 2,000 people. The local agriculture industry is involved in the production of wool and dairy products, as well as vegetable growing. The tertiary sector of the economy is also important for employment with major government administration offices for the Australian Securities and Investments Commission (ASIC) and health services. GIPPSLAND

Gippsland is an economic rural region of Victoria, Australia, located in the south-eastern part of that state. It covers an area of 41,556 square kilometres (16,045 sq mi), and lies to the east of the eastern suburbs of Greater Melbourne, to the north of Bass Strait, to the west of the Tasman Sea, to the south of the Black-Allan Line that marks part of the Victorian/New South Wales border, and to the east and southeast of the Great Dividing Range that lies within the Hume region and the Victorian Alps.[2] Gippsland is generally broken down into the East Gippsland, South Gippsland, West Gippsland, and the Latrobe Valley statistical divisions.

As at the 2016 Australian census, Gippsland had a population of 271,266, with the principal population centres of the region, in descending order of population, being Traralgon, Moe, Warragul, Morwell, Sale, Bairnsdale, Drouin, Leongatha, and Phillip Island.

TRARALGON LATROBE VALLEY

Latrobe City is located approximately 150kms east of Melbourne and is one of Victoria’s major regional centres. It covers an area of 1,426sqm and at the 2011 Census has a population of 72,395. The region is made up of four central towns; Churchill, Moe-Newborough, Morwell and Traralgon. Latrobe City is less than two hours’ drive from Melbourne from the Melbourne Airport along the M1 (Princes Freeway). The V/Line train also runs hourly services between Melbourne and Traralgon.

Other Industries in the area include food processing, engineering, post-secondary education with the new Federation University Australia and the service sector. Being the largest population centre in the Gippsland region.

Latrobe City provides excellent opportunities for investment. New and existing investors have access to skilled workforce, strong road and rail transport links, natural resources, established electricity infrastructure, locally based education institutions and affordable land prices.

Latrobe Valley Population growth APPENDIX LEGEND Title boundary (approx.)

Internal title boundary (approx.)

Existing Council reserve

Stage boundary

X Stage number

Existing contours (1m interval) 46

17.97 45 68.82 44 986m² 714 Lots 9.92 44 Investigate acoustic 13.57 45 31.25 49.10 11.72 715 measures to mitigate GIPPSLAND 16RAILWAY 29.37 46 806m² 18 Unencumbered passive open space Potential noise levels 713 28.85 47 16 712 36.84

45 16 45 3.31 Drainage 44 711 716 45 16 12.19 12.72 620m² 43 710 995m² 18 16 Drainage 42 45 Drainage reserve Reserve 709 720m² 36.40 16 45 42 708 5.09 16 16 810m² 717 Reserve 707 45 15.23 582m² 16 47 0.07ha 16 720m² 16 706 45 16 720m² 18 36.40 Potential drainage reserve 0.07ha 43 705 45 16 720m² 16 704 45 16 718 43 582m² 16 703 720m² 16 45 16 8.35 44.52 720m² 42 702 16 36.40 41 701 42.75 720m² 36.92 48 16 16 39.67 818 Creek reserve 35.26 718m² 817 582m² 40 16 729m² 16 8.71 700m² 29.01 21.15 41 16 661m² 36.40 49 601m² 2.11 18.01 40 13.9 16 16.1 7 16 819 18.01 719 816 582m² 42 3.98 12.62 16.3 640m² 16 Existing tree to be retained 16 16.01 720 39.72 44.96 36.40 16.01 721 39.12 40 43 16 50 0.20 722 777m² 16 820 15.8 38.51 815 582m² 16.05 723 710m² 640m² 16 44 16 37.97 45 15.59 16.19 16.38 0.83 724 699m² 36.40 Existing tree to be removed 46 18.16 37.43 725 9.90 40 47 18.02 37.47 612m² 18 726 16 6.11 27.02 814 19.35 821 727 37.74 603m² 18 640m² 754m² 9.90 728 38.64 15.36 16 729 40.80 4.24 18.88 40 16.01 601 42.77 598m² 12.50 12.50 11.69 9.48 43.77 603m² 16 810 13.57 51 16.01 602 609m² 15 5.92 44.47 16 811 634m² 809 38.69 9.25 603 670m² 812 6 808 44.94 43.98 779m² 16 813 MAHOGANY DRIVE 604 10.05 38.09 16.07 807 43.39 797m² 781m² 33.19 38.09 32 32.01 806 29 8 20.12 605 42.81 708m² 646m² 405m² 16.07 805 38.09 400m² 699m² 16.07 609m² 0.88 476m² 11.69 14.06 804 38.09 4.24 22.43 51.18 4 12.1 12.57 690m² 39.05 609m² 11.62

39.26 803 606 18 7.79 12 43.41 7.14 822 902m² 802 40.59 4.24 609m² 16 15.33 697m² 16 23.19 776m² 801 42.12 614m² 16 16 43.65 616 637m² 16 36.40 16 662m² 14.5 27.71 615 45 16 16 30.39 16 614 686m² 823 11.71 45 16 582m² 607 393m² 613 801m² 16 45 52 12.62 12.50 16 612 810m² 4.24 36.40 31.99 45 16 611 720m² 12.94 45 29 12.50 917 1.31 18 44 608 400m² 720m² 826 455m² 45 15.94 12.50 12.50

11.19 16 720m² 18 506m² 36.40 32 720m² 16 18 32 Passive 918 12.50 14 609 400m² 46.84 16 16 827 32 455m²

12.50

12.50 32 834m² 12.50 Council 16 16 40 825 36.40 828 14 448m² Open 40 16 16 12.50 919 Reserve 829 14.5 12.50 455m² 16 40 11.92 610 467m² 32 20.73 12.50 4.24 13.50 830 640m² 824 4.59 12.50 16 40 Space 36.40 16.01 13.1 617 720m² 400m² 32 12.50 18 40 12.50 920 618 640m² 455m² 40 14.5 18 619 916 12.50 640m² 16 12.50 0.50ha 36.40 18 620 40 400m² 640m² 32 921 6 12.50 18 40 6.42 14 53 9.34 621 640m² 455m² 16.01 13.06 16 16 40 913 12.50 Drainage 4.24 622 915 640m² 36.40 43.94 16 912 14 480m² 40 448m² 12 624 922 16.12 720m² 12.37 623 16 911 43.94 12.50 455m² 40 720m² 32 Reserve 43.94 12.50 32 16 513 914 720m² 703m² 36.40 43.94 512 15 476m²

14 448m² 4.07 16

14 625 42.40 791m² 4.51 18 18 511 43.94 923 0.36ha 881m² 24.51 582m² 16 43.94 703m² 18 16 510 32 16 16 43.94 703m² 36.40 448m² 509 14 18

501 14 54 28.06 43.94 703m² 14.5 16.66 16 508 12.81 6.27 6.24 924 16 4.24 15.39 43.94 703m² 7.24 12 582m² 32 507 16 9 16 25.39 43.94 703m² 906 400m² 506 16 905 36.40 43.94 12.5 502 Passive 12.5 791m² 18 904 505 16 43.80 703m² 16 18 925 32.99 35.67 36 32 16 907 36 655m² 703m² 16 18 33 Open 43.70 503 400m² 18 908 432m² 12.5

12.5 449m² 773m² 16 40 42.79 16 909 535m² 36.40 893m² 16 40 12.50 32 910 12.50 Space 16 936m² 16 55 16 40 15 926 10 514 40 582m² 504 545m² 16 14.55 8.54 16 40 720m² 4.24 16.08 26.12 515 640m² 18 16 40 14.05 0.32ha 4.77 24.29 903 720m² 36.40 516 640m² 18 16 40 18 25.17 16 517 640m² 927 16 40 16 582m² 5 518 40 16 640m² 26 11.11 40 16 6.89 519 640m² 18 36.40 16.74 40 16 16 902 15.76 520 720m² 640m² 16 4.77 24.28 40 16 16 207 18 928 4.24 521 640m² 582m² 40 16 524 522 16 206 16 518m² 54.28

13 39.6 40 17.36 523 640m² 16 16 205 39.47 62.38 36.40 56 49.36 640m² 16 18 204 18 46.36 901 719m² 16 32 16 203 720m² 929 44.56 18 1058m² 18 582m²

41.59 525 400m² 744m² 202 989m² 16 16 43.94

12.50 12.50 18 11.11 201 40 784m² 43.94 764m² 36.40 32 6.91 18 Drainage 21.06 110 726m² 43.94 16 19.09 208 209 101 400m² 18.05 707m² 723m² 15 12.50 23.42 12.50 109 703m² 582m² 16.5 43.94 16.28 12.83 12.85 21.92 16 16.84 108 791m² 16.1 15.12 Reserve 32 43.94 36.40 107 791m² 16.02 4.24 102 400m² 43.94 0.51 16

12.50 12.50 106 791m² 15.49 210 0.41ha 105 44.73 582m² 18 16 32 44.16 791m² 18 103 400m² 800m² 36.40

12.50 12.50 868m² 18 25.18 21.92 32 42.74 18.02 16 9.12 7.07 211 32 876m² 19.83 18 20 582m² 225 16 4.23 16.27 36.40 104 562m² 18.01 4.24 227 226 608m² 14.84 228

35.31 36 16.96 57 4.29 22.51 13 12.47

23.63 29.74 35.27 16 29.03 16 36 212 582m² 16 741m² 16 16 239 644m² 224 20 18 31 661m² 576m² 111 34 16 36.40 8.22 16.52 34 18 112 16.31 36 16 4.31 5.28 539m² 213 4.31 113 34 50.84 582m² 544m² 16 223 16 13.02 16.31 1 18.1 114 7.5 7.01 34 576m² 35.87 16 756m² 16.48 36.89 544m² 229 16 36.40 27 16 131 128 612m² 16 27 16 4.52 129 41 36 214 36.98 16 889m² 18 592m² 238 43.70 582m² 13.29 130 16 16 39.93 29.52 53.59 18 222 4.25 932m² 656m² 7.61 576m² 16 572m² 230 16 36.40 40 132 18.41 699m² 22.52 2 43.41 691m² 5.21

5.86 682m² 41 1.82 18 36 215 16.22 237 18.31 115 14 16.21 36.77 221 745m² 720m² 15.96 12.58 647m² 504m² 5.66 40 16 2.95 14 18 133 18.03 231 44.13 41.05 38.47 577m² 6.34 17.81 9.2 9.89 14.35 18 9.09 608m² 30.14 16 36 58

127 116 14 720m² 36 220 16.22 8.26 34.42 16.03 504m² 40 134 30.34 818m² 14 NICHOLI DRIVE 18 236 16 19.77 26.73 232 118 34.77 576m² 36

34.94 16 35.86 126 20.12 22.52 14 219 3.43 117 720m² 35.86 723m² 12.57 36 504m² 11.34 40 14 4.24 24.98 1.71 18 135 549m² 16 18.02 16 566m² 233 36 33.41 125 709m² 216 5.15 576m² 14.06 15.63 791m² 15.25 18.21 16 756m² 9.11 218 23.63 16 576m² 40.16 136 533m² 36 16 16 4.59 2.76 18.02 33.33 11 10.48 40.4 124 36

18

730m² 22.52 16 217 570m² 14.78 234 412 727m² 18 40.95 137 15.12 16 576m² 18 999m² 16 33.41 123 33 16 2.57 40.4 59 3.06 36 572m² 34.66 744m² 49.88 45

14.41 16 693m² 4.24 235 18 18 138 119 411 413 41.75 13 576m² 727m² 920m² 16 16 18.66 36 36 18 27.34 122 757m² 583m² 36 40.40

576m² 16 18 16 16 120 41.41 410 16 5.59 32.51 576m² 414 139 21.41 3 31.08 16 646m² 18 16.08 36 36 16 778m² 16 9.72 121 15 16 405 406 15.10 40.40 4.68 18 648m² 404 407 16 36 33.38 408 415 36 15 409 646m² 29

16

648m² 33.50 12.5 590m² 403 583m² 33.50 18 140 29 482m² 536m² 40.40 33.50 12.5 30.50 36 402 2.43 536m² 16 32 10.68 501m² 416 16 401 4.27 12.51 32 12.09 16 646m² 512m² 32 475m² 16 16 32 12.10 400m² 4.24 16 301 40.40 400m² 12 4.24 16 16 417 32 12.5 646m² 508m² 24.34 3.53 16 12.5 14 Council 13 302 5.42 10.59 29 40.40 29 4.24 14 4 Reserve 4.24 18 423 17 421 418 16 424 422 539m² 727m² 40.19 18 425 14 16 36 36 426 712m² 38.68 32 40.40 36 29 15 523m² 607m² 16 Existing 420 18 475m² 427 36 512m² 419 504m² 16 727m² 4.24 60 36 Playground 576m² 18 TOTAL number of lots 324 12 303 2 14.69 8.22 14.25 32 14 576m² 14 15.16 22 40.40 32 10 16 16 314 448m² 16 512m² 22 16 315 14 304 646m² 32 16 Stage 1 40 14 310 16 311 32 309 40.40 448m² 40.33 16 313 14 308 18 305 43.30 36.83 46.50 512m² 316 32 16 14 870m² 727m² Stage 2 18 39 36 845m² 448m² 725m² 32 14 306 580m² 312 40.40 32 16.11 11.48 17.50 556m² 15 4.52 16.01 14.50 13.92 29 24 317 Stage 3 23 476m² 808m² 16 2.11 4.24 61 12 307 29 4.24 41.18 329.58 Stage 4 27 18.13 33.52 4.24 318 878m² 17.61

1.8916.98 31.11 321 320 319 25.85 38.04 607m² Stage 5 25

15.69 4.24 322 32.61 912m² 43.54 14 766m²

20.98 689m² 36 37.17 1014 894m² 28.23 16 681m² 14.09 44.41 Stage 6 25 16.86 323 18.12 1013 40.60 36.23 867m² 29.31 61.20 12.75

17.24 16 1015 9.59 914m² 727m² Stage 7 20 29 1001 41.21

6.49 16 1012 40.40 53.26 659m² 16 16 17.24 1016 809m² Stage 8 16.13 646m² 30 1002 41.21 16

16 1011 40.40 48.55 659m² 16 16 17.24 1017 765m² 646m² Stage 9 29 1003 41.21 16 10.64 16 1010 40.40 659m² 6.22 16 47.36 16 1018 62 17.24 646m² Stage 10 24 16.16 727m² 41.21 16 1004 16 1009 40.40 659m² 16 42.60 16 1019 10 646m² Stage 11 33 Council 41.21 16 1005 23.78 Reserve 16 1008 40.40 33.37 988m² 659m²

16 41.21 18 1020 24.21 727m² 17 18 7.94 21.35 1006 40.40 1007 839m² 18 1021 727m²

18

37.76 35.99

668m² 38.50 40.40

18 1022 13.01 727m² 18 62 6.31 Creek Reserve 40.40

18 1023 727m² 1.60ha 18

40.40 61 5.87 Lot Mix Number % Council 16.08 1024 41.19 Reserve 16.06 966m² 60

1127 43.33 ELLAVALE DRIVE 31.73 22m Frontage 3 0.9 896m² 12.99 45.19 18 59 1128 20.06 7.11 11 18 20m Frontage 11 3.4 905m² 45.57 18 20.17 1126 58 1129 20.06 1125 65.46 18 18m Frontage 87 26.9 0.73 922m² 57 1124 8.98 56 46.65 61.38 55 5.77 24.7 55 20.06 Council 1291m² 6.79 56 1130 58.33 1123 16m Frontage 162 50 Reserve 1077m² 5.67 56 1041m² 55.28 23.27 13.75 1022m² 55 12.49 45 19.65 52.22 20.29 18.26 14m Frontage 36 11.1 14.36 968m² 47.40 55 1131 18.26 1122 20.29

12.97 935m² 1392m² 40.66 56 18.26

38.57

16.11 20.29 57 1101 12.5m Frontage 25 7.7 45 1116 37.17 1028m² 18 1132 1117 40.59 810m² 1118 18 12.88 62.97 38.40 52.11 1119 Total 324 100 29.80 1121 45 59.58 15 1055m² 1102 1133 1207m² 56.19 20.80 799m² 58 4.24 1226m² 22.88 806m² 52.80 20.80 59 18 1158m² 42 40.10 1090m² 38.40 19.30

20 23 1120 1103 20 918m² 20.80 799m² 60 20 19.13

20.80 4.24 33 36.17 18 5.65 38.40 1114 18 15.4 658m² 18 16.83 18.4 1104 61 1113 18 807m² 18 36 22 1112 18 3.2 1111 6.53 Area % of site 36.40 8.5 58 18 1115 1110 57 56 36.40 5.99 38.82 648m² 1109 11.12 62 36.40 56 18 57 655m² 1108 10.23 58 36 655m² 36.40 59 655m² 36.40 1107 1105 18 Site (Approx.) 60 655m² 36.40 32.997ha 36.4 1012m² 61 18 655m² 18 63 62 655m² 54.52 63 18 700m² 31.63 1106 18 37.40 64 18 1138m² * Residential Lots (324 Lots) 65 21.989ha Creek 20 64 Notes: 55.04 3 Reserve 65 * Non-Arterial Roads 7.526ha · This plan was prepared as a proposal only and should not be 0.14ha used for any other purpose. Drainage Reserve 0.852ha 2.58% · This plan is subject to Council approval. Potential Drainage Reserve 0.072ha 0.22% · All dimensions and areas are subject to survey and final computations. Unencumbered Passive Open Space 0.825ha 2.50% · The drainage reserves shown have been preliminarily sized for the treatment and detention of stormwater to Council Creek Reserve 1.733ha 5.25% requirements. The layout and area required will be subject to Net Developable Area 29.515ha engineering detail design and Council approval. · Existing dams located within construction areas will be filled 324 lots @ 11 lots per ha Lot Yield during construction. Average lot size 679m² · Further investigation may be required for fire buffers, vegetation retention and removal, site access and egress, and * Indicates inclusion in NDA aboriginal and cultural heritage. · All roads are 16m local access level 1 unless noted otherwise · Allowance has been made for Public Open Space within this 40 0 40 80 120 160 200 240m development. · Arc dimensions shown are length of arc (not chord)

Indicative Subdivision & Staging Date: 27.02.18 Beveridge Williams Version No: Plan - Council development & environment consultants 02 N Ellavale Drive, Traralgon East 01 23.11.17 Initial issue CK AB Job No: 1600822 Melbourne ph : 03 9524 8888 02 27.02.18 Amended as per Council comments TG AB Scale (A1): 1:2000 Englobo Properties Pty Ltd www.beveridgewilliams.com.au Version Date Description Drafted Approved Version Date Description Drafted Approved (A3): 1:4000

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