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“Salt” Yeppoon Overview

Address :- 32-34 Anzac Pde, Yeppoon QLD 4703

Dynamic Capital Growth Potential This is your opportunity to invest in one of 's up and coming Regional Hubs only 30 minutes comfortable drive from .

Yeppoon has the potential to become the next Noosa, with its idyllic beaches and tropical aura…..”where the swimming is good and the living is easy.” The absence of “stingers” makes it a particularly attractive place to swim in the warm tropical waters and the sailing in the sheltered bay is renowned.

Yeppoon is the gateway to the Southern Great Barrier Reef Islands with the beautiful Keppel Group of Islands just a short boat ride away.

But it is so much more than just a “Gateway to The Islands.” It is a bustling, thriving community with its own excellent amenities and infrastructure…not to mention its world class restaurants and marvellous produce (including luscious locally grown mangoes & pineapples.)

The largest link in this chain of coastal communities, Yeppoon is not only a holiday destination but is also a service centre and cultural scene for the area.

The Shire in which Yeppoon is situated, Livingstone, has a population of almost 40,000. In spite of this apparent holiday orientation there is also a real sense that Yeppoon is a commuter belt for Rockhampton, only an easy 30 minute drive away along a 4 lane highway.

Rockhampton is a major local employment hub with an array of driving forces including its proximity to The Galilee Basin with its inherent Mining and Resources industries. Rockhampton is also renowned as “The Beef Capital of Australia” and is a very wealthy agricultural area in its own right.

The Singaporean Government & ADF have committed to spend $1.5 Billion for a joint training facility at so there will be a flow on effect into Yeppoon itself of visiting service personnel.

So there is a rich diversity of business opportunities within the Rockhampton catchment area – and unlike other areas (such as Gladstone), Yeppoon is not just dependant on tourism alone for its prosperity.

There are multiple daily flights into Rockhampton with connections to and from all the major cities in Australia. Rockhampton Airport is about to undergo a substantial multi-million dollar upgrade. And from Rocky Airport it is only a 30 minute drive to Yeppoon.

From an investor's perspective, there is a shortage of good quality accommodation in Yeppoon. There is boundless potential in Yeppoon which has the potential to become the next Noosa. So there is an excellent investment opportunity here for the canny investor to identify and invest in Yeppoon now – with the potential to reap exceptional rewards later

And the “Salt” Development is ideally placed to take advantage of this vibrant growth region – and so offers the investor the potential to enjoy substantial capital growth over the years ahead.

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Location Yeppoon is situated 38 kilometres north east of Rockhampton, and is the gateway to the Capricorn Coast and the wonders of the Southern Great Barrier Reef and Islands.

Extract from Salt Website “STAY AT THE FINEST OCEANFRONT APARTMENTS ON THE CAPRICORN COAST. The picture of beachfront perfection awaits you at Salt, Yeppoon’s newest premium Apartment Development.

Situated on Yeppoon’s magnificent Main Beach, Salt offers unsurpassed ocean views from every luxurious apartment. Salt’s architecturally inspired building boasts fifty spacious 1, 2, 3-bedroom and penthouse apartments spread across five levels, all unrivalled in terms of size and quality of finishes.

Double bathroom vanities, glass splash-backs, stone bench-tops, and SMEG appliances are standard in all apartments, with marble bench-tops and Meile appliances in penthouse apartments.

The mesmerizing views out across shimmering Rosslyn Bay, to , and over to the CBD are absolutely breathtaking.

Enjoy Salt’s first class facilities including two resort style pools and tropical entertainment area, a fully equipped gym, large conference center and exceptional beachfront dining.

Yeppoon is the Southern Great Barrier Reef’s hidden gem with its classic seaside village blend of boutiques and recreation activities. A short stroll along Yeppoon’s popular pedestrian boulevard brings you to the state of the art Waterpark facility – the latest addition to the expansive list of local attractions, providing endless fun for children and families.”

As the old Real Estate saying goes “Salt” Yeppoon certainly has “Location, Location, Location.”

Completion Time :- The Development was completed and opened for business in early 2016.

About the Developer The Company which built “Salt” Yeppoon is called Oakstun which is owned by Andrew Beaumont.

Andrew is recognized as one of the regions most experienced apartment developers who since 2004 has collectively developed over $175 million worth of mixed-use residential projects on Rockhampton’s riverbank and Yeppoon’s main Beach.

“This developer’s success lies in his ability to deliver first class residential properties to the market with ongoing capital appreciation. Each development is carefully considered to ensure innovative design which sympathises with and capitalizes on the opportunities available within premium locations”…..Diana Howes: Resolution Research Strategists

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Apertaining to the 2 One Bedroom Apartments for Sale (Developer’s Pick) All of the One Bedroom Apartments are prestigious and stylish and have been meticulously designed to convey a feeling of openness and modernity. All apartments have reverse cycle fully deducted air- conditioning and include an elegantly crafted furniture package.

Each Apartment comes with a designated under cover Car Space for the exclusive use of that specific Lot No & can be traded (on-sold) separately to the Apartment at any time.

Each apartment is fully equipped with a contemporary Galley Kitchen and top of the range appliances, separate laundry facilities including washing machine and dryer, the latest fittings and fixtures (incl flat-screen TV’s & fast Internet connections). Each purchase price of $325,000 is FULLY INCLUSIVE of all these features.

Other facilities include:- • Ocean Views from every apartment • Two Resort Style Pools • Tropical Outdoor Entertainment Area • Fully Equipped Gym • Conference Centre • Complimentary Wi-Fi • Complimentary Foxtel • On-site Management • Retail Precinct • Variety of On-site Restaurants • In-room Laundry • Designated Carspace for each Apartment.

“Salt” Yeppoon is a “Mixed Use” Development comprising of a combination of Owner occupier Apartments and Short-Term Stay Accommodation Apartments.

Flexible Purchasing Options These 2 Apartments are zoned as residential apartments providing the investor with 3 separate purchasing options:

Option No 1: They can be purchased as Owner-Occupier apartments.

Option No 2: You can purchase an apartment as a pure investment property and appoint your own Property Manager and source your own Tenants.

Option No 3: You can Lease-Back your apartment to The “Salt” Developer who will provide you with a contract to lease your apartment back to them for an initial 2 Year Period backed up by another 2 year by 2 year options (ie a minimum potential 6 year lease back) with the potential for further options to be negotiated post the expiration of the initial 6 years.

At the end of each Lease Option either the Landlord (Owner) or The Tenant (Oakstun Pty Ltd) has the flexibility to “Opt Out” of the next lease option without penalty.

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Rental for Option No 3 :- The start off 12 month rental will be fixed at $21,840 ($420 pw) - and will increase in Year 2 by 3%.

Option No 3 will be an excellent option for Investors, giving them a secured monthly rental income for potentially at least 6 years starting off with a 6.72% Rental Yield.

If the Lease Back Option is taken up, the Apartments are purchased as fully furnished Apartments with the cost of the Furniture Package provided to The Purchaser on a complimentary basis by The Vendor.

The rental is paid monthly to the Landlord on an automatic basis regardless as to whether the apartment is rented out or not – thereby giving the investor that very valuable commodity - Peace of Mind and Certainty of income….A truly “Set & Forget” Investment.

With these Apartments you will hold normal freehold title to a residential apartment – so you can sell it without restriction on the open market.

Availability When “Salt” Yeppoon opened in early 2016, The Vendor (Andrew Beaumont of Oakstun Pty Ltd) decided to retain a small parcel (2) of the Apartments within his own private Portfolio.

However Andrew has now decided to sell his parcel and cash up – so the Apartments mentioned below are now available.

Apartment 103:- 1 x Bedroom Fully Furnished Apartment with N/E Aspect selling for $325,000 Apartment 104:- 1 x Bedroom Fully Furnished Apartment with N/E Aspect selling for $325,000 Internal Dimensions 60 m2 + Balcony 11m2 = Total Area of each Apartment = 71m2 (Both Apartments are side by side & mirror images of themselves.)

“Salt” Yeppoon is a “high end” development with apartments originally selling on completion from $329,000 - $1.4 Million, with an average price of $533,000.

All of the One Bedroom Apartments when completed (early 2016) were sold for $329,000 and above (excluding furniture package) – so there is already an in-built profit to be had for Clients of The Property Investment Co.

Approx Outgoings to Owner Management Fees = NIL Body Corp & Strata Levies = $3,382 (Annual) Council & Water = $2,824 (Annual)

Management Fees payable by The Owner:- NIL FOR EACH AND EVERY LEASE PERIOD.

What Our Company (The Property Investment Company) can do for you as an Investor :- Our Company offers the investor a “One Stop” all inclusive service.

So we are able to assist you in finding the right type of investment loan at highly competitive rates; organise the conveyancing for you at discounted rates and ensure that you are fully claiming all the

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So you can either leave everything to us to put your total investment package together for you in a cost effective and time efficient way.

Or you can pick and choose those areas that perhaps you might like to attend to yourself. However there are no extra costs involved if you decide to let us arrange everything for you – it’s all part of the “One Stop” service that we are pleased to offer you since we get remunerated by The Vendor (and not by you).

Initial Holding Deposit required :- $1,000. This is fully refundable and will hold a selected apartment WITHOUT OBLIGATION for a period of 21 days.

After which time you can either exchange contracts or have your Holding Deposit refunded in full should you not wish to proceed with your purchase.

Exchange with just the initial $1,000 Should you wish to proceed with purchasing a “Salt” Yeppoon Apartment, we have managed to come to an arrangement with The Vendor whereby he will accept your original $1,000 Holding Deposit as the total amount required to exchange contracts (instead of the customary 10% of the Purchase price.)

The balance remaining (ie $325,000 less your initial $1,000) will be required at Settlement Time.

Tax Deductions & Negative Gearing :- The “Salt” Yeppoon Apartments will provide excellent ongoing Tax Deductions (providing an investor is eligible to claim the tax deductions inherent within this development).

Depending on your taxable status and individual circumstances your “Salt” Yeppoon Apartment may provide you with an attractive CASH FLOW POSITIVE income….even though you may have borrowed the full 100% of the Purchase Price + Costs.

A detailed property analysis can be provided on request, and this will provide the Investor with detailed breakdowns as to the costings, tax deductions and Cash Flow Figures in relation to a stated marginal tax bracket.

However please be advised that a Real Estate Agent can only provide advice of a general nature and each potential investor’s circumstances may vary. So if you require specific investment advice, it is recommended that you contact a professional investment adviser – such as a financial planner or an accountant.

Self Managed Super Funds The “Salt” Yeppoon Apartments will make an ideal investment for a Self Managed Super Fund. With its provision to be part of the “Lease Back” Option, it fully qualifies under the SMSF strict legislation that your investment property must be held at “Arm’s Length” within your SMSF.

Also a Self Managed Super Fund is now legally able to borrow to purchase an investment property.

A “Salt” Yeppoon Apartment will provide the Super Fund with a secured income stream of. 6.72% Gross under the “Lease Back” Option

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Your SMSF is also able to claim Tax Deductions (if applicable) and your “Salt” Apartment has excellent potential to gain capital appreciation….without the daily vicissitudes that can affect Share Market investments etc.

Summation :- One of the main factors that can contribute to capital appreciation on an investment property is its location. And the location of “Salt” Yeppoon is “par excellence” - with its absolute Beach Front position.

We believe that Yeppoon could become the next Noosa and that this “Salt” Yeppoon Development is well poised to take advantage of Yeppoon’s potential growth and appeal….hence “Salt” Yeppoon has the potential to deliver to the Investor attractive capital appreciation over the years ahead.

Whilst at the same time the secure automatic rental income each month also affords the investor that precious commodity – Peace of Mind.

This is a "Worry Free - Set & Forget" Investment Opportunity not buffeted by the uncertainties of the Share Market - with Absolutely No Vacancy Periods….a simple and straightforward investment proposition.

This is a strictly limited investment offering.

We do believe that these 2 Apartments will be snapped up very quickly by investors - so I would respectfully advise if an Apartment at “Salt” Yeppoon is of interest, please contact me at your earliest convenience so as not to lose out on this very attractive investment opportunity.

For more information. For more information or an opportunity to discuss this investment opportunity in more detail, please contact Maurice Watson on (02) 9328 0022 or Freecall 1800 – 770 – 114

Maurice Watson DIRECTOR THE PROPERTY INVESTMENT COMPANY freecall 1800 770 114 p 02 9328 0022 m 0408 408 146 e [email protected] a Suite 5, 16-18 Wolseley Rd, Point Piper, NSW Austraila 2027 w www.propertyinvestmentco.com.au