18 SPACIOUS APARTMENTS NOW SELLING IN THE HEART OF NUNDAH INFORMATION MEMORANDUM CONTENTS Entirely refreshing, 1. INVESTOR INFORMATION graciously proportioned 1.1 Introduction 2 1.2 Project Summary 3 and consummately affordable 1.3 Fast facts 4 2. AREA OVERVIEW 2.1 Location Map 9 2.2 Overview 10 2.3 Demographics 11 3. SUBURB PROFILE 3.1 Suburb History 12 3.2 Suburb Overview 13 3.3 Rental Market 14 3.4 Amenity 15 3.5 Infrastructure Information 16 3.6 Why Invest in Nundah – key facts 17 4. PROJECT INFORMATION 4.1 Project Perspective 18 4.2 Interior Perspectives 19 4.3 Roof Terrace Perspective 21 4.4 Floor plans 22 4.5 Proposed Schedule of finishes 28 5. THE DEVELOPER 29 6. DEPRECIATION SCHEDULE 31 7. PROPOSED BUDGET 32 8. BODY CORPORATE 33 9. SECURING A PROPERTY 34 INFORMATION MEMORANDUM 2 1. INVESTOR INFORMATION 1.1 INTRODUCTION 18 apartments - entirely refreshing, graciously proportioned and consummately affordable. Located just 8km north-east of the Brisbane More than 50 per cent of Nundah dwellings CBD, 18 Apartments express the essence are leased, making the area a sound and of convenient inner-urban living, with chic strategic choice for investment. design, spacious floorplans and excellent 18 Apartments has been impeccably connectivity to work, leisure and lifestyle designed to reflect the market preferences, opportunities. with clean lines, abundant greenery, rooftop The urban renewal taking place in Nundah social space and an extremely high standard has drawn numerous savvy young of finishes and fixtures, ensuring excellent professionals, who appreciate the area’s quality at a highly attractive price point. restaurants, retailers, services, cultural events and public transport. INFORMATION MEMORANDUM 3 1. INVESTOR INFORMATION 1.2 PROJECT SUMMARY Just 18 apartments - over five levels ensuring tranquillity and security, space and style. Project Name 18 Apartments Nundah Project Address 18 Bridge Street, Nundah Qld Project Location 8km to the Brisbane CBD Project Description 18, two bedroom apartments over five levels Body Corporate cost per week $42 Average Completion & Settlement Estimated September 2016 Price Summary 2 BEDROOM, 2 BATHROOM from $480,000 Rental Estimates $455 - $520 pw INFORMATION MEMORANDUM 4 1. INVESTOR INFORMATION 1.3 FAST FACTS Fast Facts - Investment. The property market in Nundah is the Brisbane CBD and Brisbane Trade entering an upswing. Coast will generate 290,000 jobs between them. The development is priced at a point which is below the average prices for Nundah is only 6 minutes away from similar properties in Nundah and in the CBD, making it a drawcard for young close proximity to the CBD. professionals. The tight rental market and high demand Brisbane Airport is expected to provide for apartment product means two 50,000 jobs by 2029 – Nundah is only 6km bedroom apartments in Nundah attract from the airport via the Airport Link. higher rentals than two bedroom houses. Walking distance to restaurants, retailers, Nundah is a strong centre for growth, community facilities, public transport, as the improvements to road parks, and personal services including infrastructure make commuting to fitness centres. Brisbane’s three main employment The development’s planning reflects the hubs a matter of minutes. market preference for low-maintenance The National Institute of Economic and dwellings which offer high levels of Industry Research estimates that by 2031, lifestyle amenity. INFORMATION MEMORANDUM 5 1. INVESTOR INFORMATION 1.3 FAST FACTS Fast Facts - The Development. 18 two-bedroom apartments over five Finishes combine ease of maintenance levels. with sheer class. Generous common spaces, including a Kitchens and living areas feature quality rooftop barbecue area. vitrified tiles, ensuring damages from rentals are reduced and kept to a Every apartment features a larger-than- minimum. average outdoor patio, which flows freely into the open-plan interiors. Kitchens feature reconstituted stone benchtops, quality joinery and state of Floor to ceiling glazing allows an the art European appliances including abundance of natural light and ventilation cooktop, stainless steel multifunction giving the living areas and bedrooms a oven and dishwasher. bright, rejuvenating energy. Spacious bedrooms have soft wool blend The two-bedroom, two-bathroom carpets and built-in robes. floorplates have been configured to maximise privacy between bedrooms Bedroom windows have privacy and between all of the individual screening to enable maximum enjoyment apartments. of abundant natural light and ventilation. INFORMATION MEMORANDUM 6 1. INVESTOR INFORMATION 1.3 FAST FACTS Fast Facts - The Development. Bathrooms include vitrified tile floors, A private landscaped yard, includes full-height ceramic wall tiles, custom shade trees and a clothes drying area. made vanity unit with good storage. The Rooftop common area includes ample vanity includes a European designed shade a BBQ, seating, cool synthetic grass semi-recessed basin with a mirror above. and expansive views There are bright recessed down lights, and quality Grohe tap ware throughout. Secure car and bicycle parking on the ground floor for both residents and Laundries are equipped with a dryer, guests, with lift access directly to the and every apartment has built-in linen residential floors from the car park area. cupboards. INFORMATION MEMORANDUM 7 1. INVESTOR INFORMATION 1.3 FAST FACTS Fast Facts - Location Nundah lies within the “Golden Parks within walking distance include Nundah Library is two blocks from 18 Triangle” of Brisbane employment Boyd Park and Oxenham Park. Apartments. nodes, putting 18 Apartments minutes A large Woolworths supermarket caters Retail offerings include fashion away from the CBD, Brisbane Airport for all of your essentials, and is only a boutiques, a Telstra shop and Kmart. Precinct and Port of Brisbane and few minutes walk. Queensland Trade Coast. Schools within walking distance include Nundah fitness centres include Nundah State Primary School, Mary Restaurants and cafes in Nundah Go Health Clubs Nundah, Boxing McKillop College, Northgate State School, Village include Jam 4012; The Coffee Brisbane, Stage 6 Health and Fitness St Joseph’s School, as well as a Goodstart Club; Sushi Edo; Earth’n Sea for pizza and Curves Gym. Early Learning Child Care Centre. and pasta; Hello India; Siam Sensations (Thai): El Aguila (Mexican); Prince Personal services available in the area The Eton Street Clinic is just around Oriental; and The Royal Hotel. right now include hairdressers, Endota the corner, and the Nundah Medical Spa, Ella Bache, chemists and florists Centre is only a block and a half away Live music is regularly on the menu at and there are more to come. on Sandgate Road. the Prince of Wales Hotel. It’s a swift trip to everywhere INFORMATION MEMORANDUM 8 1. INVESTOR INFORMATION 1.3 FAST FACTS Fast Facts - Transport Fast Facts - Real Estate 18 Apartments is just three blocks Nundah has a higher than Brisbane away from Nundah train station, with average population of Gen Y and a commuter train into the CBD every Gen X residents, who are drawn to three minutes. There is also a bus stop the suburb’s convenient proximity at the end of the block on Sandgate to employment combined with high Road. lifestyle amenity. The younger residents drive strong rental demand which is Sandgate Road also connects to the focused on medium density apartment Airport Link, CLEM 7 Tunnel and developments. The popularity of Innercity Bypass, making the CBD and apartments lies in the combination Brisbane Airport both under 10 minutes of security, low-maintenance and away by road. transport-oriented planning. Brisbane’s leading attractions including The two-bedroom two-bathroom Eagle Farm Racecourse, Portside Wharf, product is the most popular Royal Queensland Golf Course, the configuration, both for owner GABBA, Southbank and Goma are all occupiers who can then rent a room just a short distance away by car, bus or plus bathroom to assist with meeting train. mortgage obligations, and for tenants, who choose to flat share for both personal and financial reasons. INFORMATION MEMORANDUM 9 2. AREA OVERVIEW 2.1 LOCATION MAP PORTSIDE NUNDAH VILLAGE NUNDAH 250 metres TRAIN TO BRISBANE STATION WOOLWORTHS AIRPORT 250 metres 7KM SPA CAFES, RESTAURANTS, ROYAL HOTEL GYM 250 metres TOOMBUL BUS STOP SHOPPING 80 metres CENTRE SANGATE AIRPORT LINK CBD 800 metres ROAD TUNNEL 10 km Nundah Train Station, Nundah Medical Clinic, Nundah Library, Go Health 5 Club, Prince of Wales Hotel, MINUTES Woolworths Nundah, Nundah Village Shopping WALK Centre & Royal Hotel. WALKABILITY CHART RATING 1 2 3 4 5 TRANSPORT 5 RETAIL 5 EMPLOYMENT HUBS 4 HOSPITAL/MEDICAL 4 CBD 4 PARKS 5 DEVELOPMENT WALKABILITY RATING 4.5 INFORMATION MEMORANDUM 10 2. AREA OVERVIEW 2.2 OVERVIEW An overview. Since Brisbane City Council instigated area. At the same time, preservation an urban renewal program in Nundah of some of the fine examples of early and diverted traffic away from the Queensland architecture has given Sandgate Road shopping precinct by the urban fabric an aesthetic which building a tunnel under Bage Street, a enhances the sense of village life and village-like atmosphere has emerged. adds a historical dimension. New art installations, cafes and The completion of the CLEM 7 Tunnel, commercial enterprises have opened, Airport Link and Inner City Bypass, all activating area culturally and socially. A accessed via Sandgate Road, has given new local shopping centre with a major Nundah rapid connectivity to major supermarket and speciality retailers employment nodes, and easy access has further enhanced the economic life to the Gold and Sunshine Coasts. The of the area, and encouraged a higher high level of infrastructure and the degree of local engagement. convenient inner north location make it a growth area and a sought-after High density and medium density address for professionals and white projects, like 18 Apartments, are the collar workers. fastest growing dwelling type in the INFORMATION MEMORANDUM 11 2. AREA OVERVIEW 2.3 DEMOGRAPHICS Demographics.