Highland Reserve Upper Coomera

Information Memorandum

Contents 1. About Stockland ...... 3 1.1 National Assets ...... 5 1.2 Highland reserve Residential Community ...... 6 1.3 Highland Reserve from the Air ...... 7 2. Introduction to Highland Reserve ...... 8 3. Location ...... 8 4. Local Growth Drivers ...... 9 4.1 Education ...... 9 4.2 Transportation ...... 10 4.3 Tourism ...... 10 4.4 Shopping ...... 11 4.5 Leisure and Recreation ...... 12 4.6 Sustainability ...... 12 4.7 Queensland’s Fastest Growing Areas ...... 13 5. Regional Growth Drivers ...... 13

1. About Stockland

Stockland was founded in 1952 with a vision to “not merely achieve growth and profits but to make a worthwhile contribution to the development of our cities and great country.” Stockland is Australia's largest diversified property group and a top 50 ASX-listed company. They develop and manage residential communities, retirement living villages, and office and industrial properties and are one of the largest retail property owners, developers and managers in Australia. For over half a century, Stockland has worked hard to grow their diverse portfolio of assets and projects while maintaining a conservative balance sheet.

Stockland has diverse property skills, which connect Stockland to different types of properties in shared locations, to create places that inspire people to gather, to share and to live life. Stockland recognize their responsibilities to the environment and are a leader in sustainable business practices.

Stockland is focused on five key areas – Residential, Retail, Retirement Living, Offices and Industrial properties.

Residential Communities Stockland is focused on delivering a range of master-planned and mixed-use communities in growth areas across Australia. At 30th June 2012, Stockland has 88,000 lots in its portfolio and projects with a total end value of approximately $23 billion. 1

Retail At 30th June 2012, Stockland’s portfolio comprises 42 retail centers accommodate more than 2,900 tenants and generate in excess of $5.6 billion in retail sales per annum.

1 http://www.stockland.com.au/about-stockland.htm

Retirement Living Stockland is a top 3 retirement living operator within Australia, with 8,000 established units across five states and ACT. At 30th June 2012, Stockland’s portfolio includes a short-medium term development pipeline of around 3,800 units.

Offices At 30th June 2012, Stockland office portfolio comprises 21 properties in key locations, with a total NLA of over 400 square meters and a total end value of approximately $1.9 billion. Their focus is on maximizing investment returns across the portfolio.

Industrial Stockland’s industrial properties comprises just under one million square meters of building area and are strategically positioned in key locations for logistics, infrastructure and employment. At 30th June 2012, Stockland industrial portfolio comprises 13 properties with a total end value of approximately $0.8 billion.2

2 http://www.stockland.com.au/about-stockland.htm

1.1 National Assets

1.2 Highland reserve Residential Community Highland Reserve has been designed to respond beautifully to the unique environment within which it lies. One can live here with the serene and scenic waterways of the Coomera River on their doorstep. Native bush land, equivalent to 339 football fields has been protected as a conservation park to enjoy forever. Every aspect of Highland Reserve has been planned to respect the inherent splendor of the area whilst delivering a lifestyle beyond compare.

Fast Facts  Located in the northern Gold Coast region at Upper Coomera  It covers 336 hectares and approximately 1,000 lots  Tennis Courts and BBQ centers  Children’s Playground  Walking and cycling trails  Natural lakes, mountains and reserves  Luxurious shopping adventures  Various top quality schools and colleges are nearby

1.3 Highland Reserve from the Air

2. Introduction to Highland Reserve

Highland Reserve is a perfectly situated community at Upper Coomera, Queensland. The convenience of a huge variety of schools, shopping centers, leisure activities and institutions all within a close range, the community is the perfect place to build a home and start a family. Residents of Highland Reserve enjoy the best of lakeside living with a friendly environment, temperate climate and well-planned housing. One can enjoy the blissful views of mountains to the west and beaches to east, or take a short trip to the Gold Coast’s premier adventure parks.

3. Location

Highland Reserve located in the northern Gold Coast region at Upper Coomera. It is located 8 minutes from the Pacific Motorway (M1). The community is just 64km to and 25km to Surfers Paradise. The Coomera Train Station and the future Coomera Town Centre is just 10 minutes away.  It is located 1km to Coomera River  It 23km from the main beach  It is 25km from the ‘Surfers Paradise’  It is 64km from the Brisbane CBD

4. Local Growth Drivers 4.1 Education Highlands Reserve provides facilities of top quality schools and colleges to the residents. The educational institution serving Highland Reserves are: Primary & Secondary Education  Highland Reserve State School - 0.2km  Oxenford Primary School - 3.5km  Upper Coomera College - 3.5km  Coomera Anglican College - 4km  St Stephens College - 4.5km  Assisi Catholic College - 4.5km  Upper Coomera State College – 4.7km  Gaven State School – 9km  Pacific Pines State High School – 11.3km

Tertiary Education  Griffin University (Gold Coast Campus) - 10min  Bond University (Varsity Lakes) - 25min  Griffin University (Mt Nathan Campus) - 35min  QUT, Brisbane (Garden Pt Campus) - 45min  University of Queensland (St Lucia, Brisbane) - 50min

4.2 Transportation Stockland’s Highland Reserve is well-connected with Brisbane’s CBD and the tourism capital of Australia, the Gold Coast at commuting distance. It has easy access to various transport options.  It is less than 10 minutes to M1 - Pacific Motorway . Brisbane CBD (45min) . Robina (20min) . Logan (20min) . Surfers Paradise (25min)  Coomera Train Station (8min)  Bus connection to Helensvale Train Station, which is just 15minutes away  Surfside Business – bus stop located 500 meters from community entrance  School bus stop located 500 meters from the community entrance  Gold Coast Light Rail - Stage 1 - 2014 (25min)  Gold Coast Light Rail - Stage 2 - 2016 (15min)

4.3 Tourism Australia’s Gold Coast is a modern city of glittering high-rise buildings, built around superb beaches, including the world renowned ‘Surfers Paradise’. Gold Coast is the Australia's sixth largest city and the second largest in the state of Queensland. Along with endless stretches of golden beaches, there are international theme parks, designer boutiques, luxurious spa retreats, world-class golf courses, award-winning restaurants, up-market bars and lively nightclubs.

There are series of festivals and events almost every month of the year showcasing some of Australia’s best sporting talent. The Gold Coast is also the gateway to some of Queensland’s best natural attractions. Towards the west there is Australia's most biologically diverse regions, the lush rainforest-cloaked hinterland with World Heritage-listed national parks such as Lamington, Border Ranges, Main Range and Nightcap.

There are various tourist places near to Stockland highland Reserve:  Dream World is only 15minutes  White Water World is 15 minutes away  Wet & Wild is 10 minutes from Highland Reserve  Movie World is only 10 minutes  Outback Spectacular is 10 minutes.

4.4 Shopping The shopping centers are conveniently located for the residents to meet their daily needs. Stockland’s Highland Reserve is the perfect place to build a home and start a family. In order to cater for the rapidly growing markets of Upper Coomera and more recently Coomera the Gold Coast City Council has made provisions for a range of shopping centers in its Planning Scheme.

The nearby shopping places include:  Upper Coomera Village, BI-LO – 2 minutes  Upper Coomera, Coles – 4 minutes  Centro Oxenford, Woolworths – 8 minutes  Westfield Helensvale – 10 minutes  Coomera City Centre - Woolworths & specialty  Brygon Creek Drive - IGA Supermarket

 The Hub - local centre opp. Coomera City Centre  Australia Fair – 15 minutes  Pacific Fair – 20 minutes

4.5 Leisure and Recreation In Highland Reserve the residents won’t need to venture too far from home for a wide variety of family facilities. At Highland Reserve one can find:  Tennis courts  BBQ facilities  Dog-off-leash area  Kick about areas  Entry lake and wetlands  190 hectares of neighborhood parks and active areas  Children's playgrounds  Walking and cycling trails  A conservation park equivalent in size to 339 football fields

4.6 Sustainability Highland Reserve has been designed by Stockland to blend with the unique environment that surrounds it. They have dedicated a huge area, equivalent in size to 339 football fields as a conservation park for all to enjoy. Homes and gardens complement the landform and climatic conditions. The cooling effects of tree canopies refresh homes in summer, maximize air quality and make outdoor spaces even more inviting.

Sustainable urban development in Coomera Highland Reserve is part of The Coomera region, the emerging premier residential location in the Gold Coast's rapidly growing northern reaches. By residing in this region, one can become part of a community at the pinnacle of sustainable urban development.

Coomera Water Future Master Plan Stockland fully supports the Gold Coast City Council through the Coomera Water Future (CWF) Master Plan in providing the region with one of the largest and most innovative water projects in Queensland. The CWF Master Plans aims to create a sustainable water future for the Coomera community by taking a holistic approach to water cycle management.

4.7 Queensland’s Fastest Growing Areas Upper Coomera is the third fastest population growth area in Queensland.

5. Regional Growth Drivers

The Gold Coast is the second largest SEQ sub-region, with a resident population of approximately 466,500 in 2006. The Gold Coast’s urban development is concentrated between Yatala and Coolangatta, and continues south beyond the Queensland border into the Tweed Shire.

More than 60 per cent of the Gold Coast is located in the RLRPA, which supports rural production, water quality, scenic amenity and outdoor recreation. The North – Eastern area of the Gold Coast’ s is retained as a regionally significant inter-urban break that separates the Greater Brisbane area from the Gold Coast ‘s.3

The inter-urban break is bounded by Pimpama River and Hotham Creek in the vicinity of the Pacific Motorway, widening to the foothills of the hinterland to the west and to the cane lands, estuaries and islands of Southern Moreton Bay in the east. Inclusion in the RLRPA acknowledges the major ecological corridor and flood – storage functions of inter – urban break. This protects its agricultural and landscape values while allowing ongoing sand extraction and appropriate recreation and tourism activities.

Springbrook Plateau contains rainforest habitat of World Heritage status, with some of the most spectacular scenery in Australia. The plateau has an extremely diverse range of plants and animals—more than 600 native plant species and 272 native animal species recorded to date. The Queensland Government will minimize development and redevelopment on the Springbrook Plateau, and prevent further habitat fragmentation, forest edge impacts, clearing and loss of connectivity among habitat areas. Rehabilitation of cleared areas and avoiding the introduction of incompatible land uses are crucial long-term objectives.

Urban growth within the north-eastern part of the Gold Coasts is limited to land at Steiglitz that has been identified as suitable for marine industry purposes. Land East of Ormeau Urban footprints and west of the proposed intra-regional transport corridor is designated as an Identified Growth Areas which, subject to further investigation, may be suitable in the long- term for employment purposes.

Residential – The Gold Coast comprises a wide range of residential environments, such as extensive low-density residential communities, canal estates and high-rise developments.

3 http://cabinet.qld.gov.au/documents/2009/jul/seq%20regional%20plan%202009- 31/Attachments/SEQ%20regional%20plan%202009-31.pdf

Under the SEQ Regional Plan, by 2031 an additional 143, 000 dwellings will be required to house the Gold Coast’s expected regional growth and demographic change. The broad-hectare development can accommodate 32,000 dwellings, including land at Coomera, Hope Island, Pimpama, Ormeau, Maudsland and Reedy Creek. The broad hectare supply is expected to be largely exhausted by 2016.4

Coomera is the largest community on the Gold Coast that will be accommodate through broad- hectare development. It will be supported by high-density residential, entertainment, education, health, industry, retail, commercial, leisure and tourist related activities. These activities will help create a sustainable and attractive mixed-use town centre environment.

Northern Coomera provides additional opportunities for residential growth consolidated around a future rail station in the Pimpama area. The initial stages of Coomera, in and adjacent to the town centre, will provide broad-hectare land supply in the short-term, with further stages of development to provide additional residential and employment land supply in the medium to long-term. Northern Coomera provides additional opportunities for residential growth, subject to the provision of a train station in the Pimpama area and addressing biodiversity, flooding and other environmental constraints. If this occurs, Pimpama and environs will be planned as an integrated community, focused around the train station. As the supply of broad-hectare land is limited, infill development plays a significant role in meeting the medium and long-term accommodation needs of the Gold Coast’s growing population. Infill will come through high-density and remnant broad - hectare development. Infill development will provide the majority of the additional dwellings needed between 2016 and 2031, approximately 97,000 dwellings. The main focus will be the principal regional activity centers of Southport and Robina, and the major regional activity centers of Surfers Paradise, Broad beach, Coolangatta, Nerang, Helensvale and Bundall.5

4 http://cabinet.qld.gov.au/documents/2009/jul/seq%20regional%20plan%202009- 31/Attachments/SEQ%20regional%20plan%202009-31.pdf 5 http://cabinet.qld.gov.au/documents/2009/jul/seq%20regional%20plan%202009- 31/Attachments/SEQ%20regional%20plan%202009-31.pdf

Economy and employment - Further substantial employment growth will be required to support projected population growth to 2031. Historically, the Gold Coast’s economy has been linked to tourism and recreation industries. However, it is diversified and now comprises commercial, retail and industrial areas, and specialist health, education and technology hub. Government precincts have been co-located with commercial activities at Southport, Nerang and Bundall.

The Gold Coast’s principle region activity centers at Southport and Robina are expected to expand their roles as commercial, retail, and administrative and specialist centers, and evolve into mixed-use centers.

The rapid transit corridor will further increase opportunities in Southport for economic growth. Robina is expected to enhance links to medical, education and technology industries by developing specialist industry precincts, and to generate higher levels of employment within mixed-use developments near the Robina rail station.

Helensvale, Nerang, Surfers Paradise, Coolangatta and Bundall will provide complementary district level retail, commercial and specialist services. A domestic and international airport, and a growing regional and local population base, will assist further economic and employment diversification on the Gold Coast.

The Gold Coast offers a range of ‘new economy’ science and technology opportunities, including Oxenford’s film and interactive media industry cluster, the Gold Coast University hospital and Knowledge Precinct, and Southport’s Queensland Academy of Medicine and Health Science. It also provide opportunities for health, education or training institutes, which could stimulate future ‘new economy’ business, such as the Robina hospital, Griffth University and Bond University. The Knowledge Precinct will incorporate the Robina hospital, a private hospital, the University and its Medical School and Smart Water Research facility, and a mixed- use community.6

The growth of manufacturing, logistics and freight distribution on the Gold Coast will be located predominantly in Yatala, and in smaller precincts in Ashmore, Burleigh west, Nerang and the .

The marine industry’s economic and employment growth will continue through an expansion of the Gold Coast Marine Precincts at Coomera and the proposed establishment of a marine industry precinct at Steiglitz.

Tourism will continue to be a significant economic driver for the Gold Coast. However protecting and enhancing the cultural and natural values of the coast and hinterland are essential for the long-term sustainability of tourism and its contribution to the economy. Further opportunities for tourism and associated development, integrated with local services and residential activity, will be accommodated in urban centers along the coast, including Southport, Surfers Paradise, Broad beach, Mermaid Waters, Miami, Burleigh Heads, Palm Beach, Currumbin, Tugun and Coolangatta. Land- intensive tourism activity such as theme parks will continue to be accommodated where appropriate along the Gold Coast – Brisbane transit corridor, with easy access to public transport.7

Identified Growth Areas – Land at Ormeau is designated as an Identified Growth Area, which acknowledges its potential to accommodate employment activities and limited residential development in the long term. This will be subject to assessment against the Urban Footprint principles, and investigations considering flooding and other physical constraints, surrounding uses and access. The Identified Growth Area is limited to land outside the Urban Footprint

6 http://cabinet.qld.gov.au/documents/2009/jul/seq%20regional%20plan%202009- 31/Attachments/SEQ%20regional%20plan%202009-31.pdf 7 http://cabinet.qld.gov.au/documents/2009/jul/seq%20regional%20plan%202009- 31/Attachments/SEQ%20regional%20plan%202009-31.pdf between Yatala and Ormeau, west of the proposed intra-regional transport corridor and east of the Pacific Motorway.

Infrastructure - The main focus for transport infrastructure on the Gold Coast is linking major destinations and regional activity centers by improving public transport services and upgrading the road network to alleviate congestion. Transport corridors will be preserved to cater for future growth. The Gold Coast will be connected via heavy rail to Gold Coast airport. A rapid transit system will run along the high-density coastal spine, and bus services will provide interconnectivity. Other transport modes, such as ferries, cycling and walking, will also be facilitated. Key projects identified in SEQIPP to support delivery of the SEQ Regional Plan include:  The Gold Coast rapid transit project: Parkwood, Helensvale, Broad beach, Coolangatta.  Pacific Motorway—additional Coomera interchange  Gold Coast railway extension  New passenger rail stock  bus priority and bus station  TransLink sub-regional station upgrade  Bus priority on Smith Street  Sub-regional cycle network Other infrastructure priorities for the Gold Coast include:  The Gold coast University Hospital  The Robina health precincts and expansion of Robina hospital  Additional schools to accommodate growth, particularly in the northern corridor  The Gold Coast TAFE campus at Upper Coomera  The Gold Coast convention centre.8

8 http://cabinet.qld.gov.au/documents/2009/jul/seq%20regional%20plan%202009- 31/Attachments/SEQ%20regional%20plan%202009-31.pdf