Stockland Ormeau Ridge Ormeau – Gold Coast Information Memorandum Contents 1. About Stockland .................................................................................................................................... 3 1.1National Assets ........................................................................................................................................ 5 1.2 Ormeau Ridge Residential Community ................................................................................................... 6 1.3 Ormeau Ridge from the Air ..................................................................................................................... 7 2. Introduction to Stockland Ormeau Ridge ............................................................................................. 8 3. The Location .......................................................................................................................................... 8 4. Local Growth Drivers ............................................................................................................................. 9 4.1 Education ................................................................................................................................................ 9 4.2 Sport and Outdoor Activities .................................................................................................................. 9 4.3 Shopping and Commercial Activities .................................................................................................... 10 4.4 Queensland’s Fastest Growing Areas ................................................................................................... 11 5. Regional Growth Drivers ..................................................................................................................... 11 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, 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, 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. Retirement Living 1 http://www.stockland.com.au/about-stockland.htm 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 metres 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 metres 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 2 total end value of approximately $0.8 billion. 2 http://www.stockland.com.au/about-stockland.htm 1.1National Assets 1.2 Ormeau Ridge Residential Community Ormeau residents will be nestled in with nature, all while being only a couple of minutes’ drive from both the Brisbane and the Gold Coast. 1.3 Ormeau Ridge from the Air 2. Introduction to Stockland Ormeau Ridge Ormeau Ridge is a well-connected community in Ormeau Queensland between Brisbane and Gold Coast. With over 40% of Ormeau Ridge comprised of natural bush, residents can soak in the natural atmosphere while enjoying access to a spacious central park with BBQ areas and Children’s playgrounds. Ormeau Ridge attracts a diverse variety of birds and animals that residents can see by going on walks through the community. The vast majority of these areas are non-zoned, meaning that the natural habitat of Ormeau Ridge will be preserved for many years to come. 3. The Location Located half-way between Brisbane and the Gold Coast, Ormeau Ridge offers residents easy access to both urban centers while preserving the natural environment close to home. Surfers Paradise is only 33 km south from the community Brisbane is 45 km to the north Both can be conveniently reached in minutes by taking exit 45 and travelling either north or south along the M1. Ormeau Ridge Sales & Information Centre is also now open, and is located off Upper Ormeau 3 Road, Ormeau. 3 http://www.stockland.com.au/residential/qld/ormeau-ridge-location.aspx 4. Local Growth Drivers The community of Ormeau Ridge commonly enjoys the wonderful sites and experiences that living in the midst of a large natural habitat has to offer. A shared desire of nature and the wilderness unites Ormeau Ridge residents, as they enjoy the 40% of the community dedicated to the natural habitat together. Residents can make lifelong connections with each other while exploring the many kilometers of walking trails and biking tracks. The houses of all community members in Ormeau Ridge are constructed less than 200 meters from parkland, so access to the natural surroundings is a hop, skip and a jump away.4 4.1 Education The houses of all community members in Ormeau Ridge are nearby to well-known schools and colleges, which excellent schooling options for the children living in Ormeau Ridge. Various schools and colleges include: 14 primary and secondary schools close by - both state and private systems Child care centre is located approximately 3km to the east Four Universities are located less than one hour's drive The Logan institute of TAFE has a campus nearby Close to Griffith and Bond Local campuses 4.2 Sport and Outdoor Activities Great opportunities exist for residents to meet and feel part of something special. There are various sports activities Walking trails, biking tracks and many more. Hilltop Park will quickly become the focal point weekend activity. It is one hectare in size and will feature a kid’s adventure playground, tennis/multi-sport court, undercover BBQ areas plus 4 http://www.stockland.com.au/residential/qld/ormeau-ridge-community-features.aspx much more. Linear Park will feature 5 – 6 km walking & biking trail, fitness apparatus' each km of the trail, tree-lined canopy, with access to the trail on residents door step.5 Community events take place at the main central park in Ormeau Ridge, where residents can gather to chat at the Community BBQ areas while kids use the children’s playgrounds Recreation: 2km to local sporting fields and plans for more within walking distance 2.5KM Pimpama River frontage Fishing at Jacobs Well Boating at Moreton Bay 5km to Mount Warren Park Golf Club Easy trip to relaxing North Stradbroke Island 4.3 Shopping and Commercial Activities The proposed Ormeau Ridge commercial centre will feature a coffee shop with "a la carte" dining, three retail shops, childcare facility with capacity for 75 children, and safe off-street parking. Shopping and convenience include: 2km to Ormeau shopping village including IGA 2km to post office, news agency, cafes and bakery 10km to Beenleigh marketplace Westfield Garden city, Logan, Hyperdome and Ikea to the north Westfield Helensvale to the south 5 http://www.stockland.com.au/residential/qld/ormeau-ridge-community-features.aspx 4.4 Queensland’s Fastest Growing Areas Ormeau Ridge is located in the 3rd 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.6 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 canelands, 6 http://cabinet.qld.gov.au/documents/2009/jul/seq%20regional%20plan%202009- 31/Attachments/SEQ%20regional%20plan%202009-31.pdf estuaries and islands of Southern Moreton Bay in the