Development Portfolio 2017

Table of Contents

About Watson Property Group ..................................................................3

Watson Property Group of Companies Assets ........................................4-5

Investment Portfolio Summary.................................................................6

Investment Portfolio (Current & Forthcoming Developments)...................7

Investment Portfolio (Completed Developments).................................8-10

Portfolio of Current Developments.....................................................11-19

Portfolio of Completed Developments................................................20-24

About Watson Property Group

Watson Property Group is a leading independent and privately owned company specialising in residential land sub-division and turnkey investment property developments in Western Australia.

Formed in 1999, the Group has been responsible for capital raising, project management, sales and marketing over a portfolio of profitable projects.

Completed developments: 2,275 lots with a gross sales value of $461.1 million over 42 developments

Current projects: 542 lots with a gross sales value of $230.5 million over 16 developments

Total current and complete projects: 2,817 lots with a gross sales value of $691.6 million over 58 developments

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Watson Property Group of Companies Assets(NorthernPerth)

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Watson Property Group of Companies Assets(SouthernPerth)

5

Investment Property PortfolioSummary

No. Of Lots Sales Value $M

Current & Forth Coming Developments

262 $123

Completed Developments

2,410 $504

Total 2,817 $627

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Investment Property PortfolioCurrent & Forthcoming Developments

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Current & Forthcoming Developments

Location No. Of Lots Sales Value (M)

Arneis@Dayton Victoria Road, Dayton 57 25.2

Beeliar Gardens Dual Keys Retusa Street, Beeliar 4 2.2

Beeliar Gardens Apartments Adnata Road, Beeliar 6 2.8

Faranda Estate Stage 1 Hocking 46 21.9

Faranda Estate Stage 2 & 3 Hocking 15 6.7

Lakeside Success Apartments Jubilee Avenue, Success 21 10.1

Riverside Stage 1 River Avenue, Maddington 17 7.6

Riverside Stage 2 Phillip Street, Maddington 33 14.5

Signature Circle Dual Keys Meadow Springs 5 2.5

Seville Central Dual Keys Seville Grove 28 15.4

Wellard Glen Dual Keys Wellard 3 1.6

Investment Property PortfolioCompleted Developments

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Completed Developments Location No. Of Lots Sales Value

(M)

Alto On Kingsway Kingsway Road, Landsdale 72 21.8

Armstrong Road Armstrong Road, Wilson 5 2.9

Ashby Rise Pinjar Rd, Ashby, Wanneroo 149 19.2

Ashdale Mews Darch 72 11.9

Balfour Street Southern River 1 0.5

Banksia Grove Joseph Banks Boulevard, Banksia Grove

4 1.7

Beeliar Gardens Beeliar 5 3.1

Belgrade Park Stages 1-3 Wanneroo Town site 140 10.5

Boardwalk & Quayside - Mews Hillarys 27 5.1

Chipping Crescent Butler 13 5.1

Corsican Way Canning Vale 10 5.0

Dangerfield Grove Canning Vale 2 1.1

Display Village Egerton 10 N/A

East Vic Park Oats Street, East Vic Park 5 2.7

Investment Property PortfolioCompleted Developments

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Completed Developments Location No. Of Lots Sales Value

(M)

Ellersdale Villas Ellersdale Ave, Warwick 13 2.3

Golfview Estate Golf View Place, Gnangara 15 2.3

Gwelup Park North Beach Road, Gwelup 51 26.5

Gwelup Park Living for 55+ North Beach Road, Gwelup 31 15.0

Island Paradise Christmas Island, an Australian Territory

31 5.5

Jorja Gardens Harrison Street, Nollamara 17 5.6

Lumen Rise Estate Martin 17 8.2

Madeley Rise Stages 1-6 Russell Road, Madeley, Wanneroo 201 37.3

Madeley Rise Stage 7 Cooper St, Madeley, Wanneroo 82 24.2

Madeley Rise Stage 8 Gnangara Road , Wangara, Wanneroo 64 20.2

Mawson Park Mews cnr Shackleton and New England Drive, Hillarys

8 1.4

Merchant Way Alkimos 1 0.4

Oakford Meadows Kargotich Drive, Oakford 17 2.0

Oceanside Gardens off Poseidon Drive, Heathridge 171 15.4

Investment Property PortfolioCompleted Developments

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Completed Developments Location No. Of Lots Sales Value

(M)

Olive Grove Caporn St, Sinagra 40 7.3

Olive Heights Vincent St, Sinagra 31 9.3

Panorama Private Estate Landsdale Road, Landsdale 4 2.3

Panorama Private Estate Landsdale Road, Landsdale 44 11.4

Pinjarra Meadows Stage 1 Corner Pinjarra Rd / Wilson Rd Pinjarra 79 14.8

Pinjarra Meadows Stage 2 Corner Pinjarra Rd / Wilson Rd, Pinjarra 64 14.5

Regent Glades Stages 1-4 Backshall Place off Ocean Reef Road, Wanneroo 119 21.4

Riva on Piara Waters Piara Waters 3 1.5

Riva8 Piara Waters 8 3.0

Roselea Karrinyup Road North, Stirling 350 87.5

Sommerville Waters Stage 1 Wanneroo Road, Wanneroo 98 8.9

Sommerville Waters Stage 2 Wanneroo Road, Wanneroo 83 9.6

Stirling Grove Odin Road, Stirling 17 1.9

Swan View Myles Road, Swan View 7 3.0

The Reef, Two Rocks Two Rocks 97 24.8

Townhouse Development McMaster St, Victoria Park 5 0.9

Townhouse Development Halliday Grove, Hillarys 8 2.4

Treasure Road Queens Park 14 6.0

Warrener Gardens Gwelup 26 4.2

Warwick Circle The Circle, Warwick 63 8.8

Waverton Views North Shore 16 3.5

Watson Complete HomesCurrent Developments

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Arneis@Dayton, Dayton57 lots, 3 stages

Corner Victoria Rd & Arthur Street, Dayton

Total Sales Value: $25.2M

Arneis@Dayton is a boutique estate of three bedroom, two bathroom homes. 50m from the new neighbourhood shopping precinct & community centre, and forming part of the award-winning St Leonards Estate, Arneis is perfectly positioned to take

full advantage of the surrounding Swan Valley wine region.

Retusa St, Beeliar Gardens4 Dual Key Lots

Total Sales Value: $2.2MBeeliar Gardens is ideally located close to Phoenix and Cockburn Gateway shopping centres which include

Coles, Woolworths and Big W as well as food, fashion and dozens of specialty stores.

For families with young children there’s a number of primary schools in the area to choose from and if

your children are a little older there’s also a choice of colleges. Beeliar Gardens also offers access to high quality medical care, with St John of God, Fiona Stanley Hospital and Beeliar Medical Centre only minutes away.

As well as the incredible lifestyle in Beeliar Gardens, residents can enjoy easy access to the Kwinana

freeway and Cockburn train station, Perth CBD, and Fremantle as well as world-class beaches close to

your doorstep

Faranda Estate, Hocking61 Lots, 3 stages

Total Sales Value: $28.6M

Located on the Faranda Winery estate in Hocking, this development offers convenience and location with proximity to Wanneroo,Joondalup, and Perth’s stunning Northern beaches.

It is well connected with direct train and road links to Perth CBD within a few minutes drive, as well as being less than 10 minutes bus or car ride to Wangara business centre.

Perfectly chosen for it’s low vacancy rates and high capital growth, the Faranda Estate in Hocking is unsurpassed in this popular area.

Riverside Stage 1, Maddington17 Lots

Total Sales Value: $7MRiverside in Maddington offers an unparalleled location in a rural setting. 2 minutes walk to the Canning River, this development

has access to schools, parks and major infrastructure within walking distance of every home.

Maddington has it’s own train station, Roe and Tonkin Highways close by and a major local shopping precinct nearby, as well as being just a 15km drive from Perth CBD.

Riverside Stage 2, Maddington33 Lots

Total Sales Value: $14.5M

Riverside Stage 2 in Maddington features 33 NRAS accredited green title, 3 bedroom, 2 bathroom homes. All houses benefit froma significantly upgrade specification which includes extra air conditioning, tile roof and stone bench tops throughout.

With construction starting in January 2017, this development will be complete late 2017.Stage 2 of the Riverside Maddington estate was sold within 4 weeks of launch.

Seville Central, Seville Grove28 Lots: Dual key

Total Sales Value: $15.4M

Seville Central Private Estate offers all the benefits you get with a brand new estate, while providing the convenience of a long-established, high-profile suburb of Perth. Just minutes from the major regional centre of Armadale, this superb estate has every

amenity a family requires for the perfect lifestyle, right at their fingertips.

Unlike other new estates in the metro area's fringe, residents won't have to wait years for good shopping centres, recreational facilities, sporting grounds, public transport and schools to be delivered, they're all there, all close-by.

Signature Circle, Meadow SpringsDual Key: 5 Lots

Total sales $2.5MSignature Circle is a premium estate completely encircled by the tees, trees and greens of the much heralded Meadow Springs Golf Course.If you're looking for lifestyle, Signature Circle Private Estate offers a rare opportunity to create a home in a unique and serene location that will provide tenants with a beautiful, long-term residence, set amongst winding fairways and natural

bushland. A large, beautifully landscaped park is being built within Signature Circle for the enjoyment of residents and visitors.

The estate is the perfect choice for those investors who want to attract long-term tenants who will want to stay forever.

Wellard Glen, Wellard3 Dual key lots

Total Sales Value: $1.6MLocated in one of Perth’s major growth corridors, Wellard Glen is destined to be a vibrant new community where you will find

everything you need to get more out of life.

Its beautiful natural setting, picturesque parkland and community facilities afford a relaxing, family-orientated lifestyle close to beaches, shopping centres, schools, amenities and a host of local attractions.

Wellard Glen will contain 6 dual key 5 bed, 3 bath homes, offering high rental yields and impressive capital growth.

COMPLETED DEVELOPMENTS

Pinjarra Meadows143 LotsCorner Pinjarra Road / Wilson Road, Pinjarra Total Sales Value: $29.3M

Pinjarra Meadows Private Estate is uniquely located adjacent to award winning Raven Winery Restaurant along Wilson Road, and Pinjarra Golf Club (along Sutton Street).

Its central location in Pinjarra Town provides direct access to the new Perth to Bunbury Highway, giving the development the best of country living with city convenience.

Queens Park13 HomesQueens Park Total Sales Value: $6.0M

Queens Park is a suburb going through an extensive regeneration phase with many of the older and larger land holdings being redeveloped with higher density housing.

Perfectly situated only 8km from Perth CBD and less than 10 minutes on the train to the city, plus the established infrastructure close by makes this location extremely desirable.

Armstrong Road, Wilson5 HomesTotal Sales Value: $2.8M

A beautifully designed estate in the popular university suburb of Wilson, this estate was sold within 2 weeks of launch due to it’s clever design and proximity to Curtin University, and Perth CBD.All 5 homes featured 3 bedrooms and 3 bathrooms.

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COMPLETED DEVELOPMENTS

17 One Bedroom Turnkey Strata Units 86 Harrison Street, NollamaraTotal Sales Value: $5.6M

Located 8kms within the City, Jorja Gardens consists of 17 turnkey strata units comprising of a single bedroom with a generous utility area with internal access from the garage, an alfresco under the main roof, open meals, family room, bathroom, separate powder room and a concealed laundry. Due to it excellent location and affordability, the development is ideal for first homebuyers, downsizers and frequent business travellers.

44 LOTSOff Landsdale Road, LandsdaleTotal Sales Value: $11.4M

Superbly located on the peak of Landsdale Road, Panorama Private Estate Landsdale offers a 270 degree panoramic view over the magnificent Darling Escarpment and through to Perth. The estate is isolated from Landsdale Road with a proposed public open space measuring 1.12ha, away from the buzzing city life and offers a relaxed lifestyle surrounded by pristine views. It is only 14km away from the CBD and only 1.5km away to Whiteman Park.

31 Exclusive 2 Bedroom,1½ Bathroom Quality Homes for the Over 55’sOff North Beach Road, GwelupTotal Sales Value: $15.0M

Rediscovering Freedom at Gwelup Park is ideal for the active who are after a vibrant and exciting lifestyle. These homes offer easy maintenance, have direct access to the freeway, Gwelup Plaza Shopping Centre and medical centre. They are within close proximity to the beautiful Lake Gwelup Reserve. Gwelup Park for over 55’s is the only development in Perth’s Northern Suburbs to offer green titled homes for over 55s.

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COMPLETED DEVELOPMENTS

3 LOTSPiara WatersTotal Sales Value: $1.5M

Riva on Piara Waters has all the conveniences at your door step, including future schools, a shopping precinct, direct access to the Cockburn Central Train Station via Armadale Road as well as being close to existing Canning Vale and Southern River amenities.

13 LOTSButlerTotal Sales Value: $5.1M

Butler has been for some time now a popular hub for residents in Perth’s northern corridor due to it’s excellent location with close proximity to private and government education facilities from primary through to tertiary schooling. Only minutes to the beach and the Mindarie Keys boat harbour, lots of choice for local shopping and dining options as well as parks galore makes Butler a very desirable family or retirement location. Butler has it’s own train station directly linking Joondalup City including the Edith Cowan University and of course Perth City.

8 LOTSPiara WatersTotal Sales Value: $3.0M

Piara Waters is the new growth corridor immediately adjoining Canning Vale. Located within very easy reach of local shopping centres, schools and hospitals as well as being on the doorstep of both Curtin & Murdoch Universities. With direct access to the freeway & Perth train network, the Perth CBD is only a 15 minute train ride away allowing ease of access also to the University of Western Australia (UWA).

347 LOTS (STAGES 1-8 FULLY SOLD)Russell Road, Susan Road, Cooper Street & Gnangara Road, MadeleyTotal Sales Value: $81.7M

Madeley Rise Private Estate is a new development surrounded by highly established suburbs. Afforded by existing infrastructure, local amenities, a regional shopping centre and local schools, the estate is highly attractive to homebuyers looking for a lifestyle change and investors at an affordable price.

31 LOTS (FULLY SOLD)Vincent Street, SinagraTotal Sales Value: $9.3M

Olive Heights Private Estate offers an uninterrupted breathtaking lake view to many of its homesites. The estate is located in a rapidly growing area and provides the perfect opportunity for first homebuyers and families looking at upgrading close to the City of Joondalup.

149 LOTS (FULLY SOLD)Pinjar Road, Ashby, WannerooTotal Sales Value: $19.2M

Ashby Rise Private Estate is unarguably the best land subdivision during its time in the market. Some of Ashby Rise homesites offer sweeping views over the beautiful Lake Joondalup while others have an outlook to parkland areas. It was a successful quality residential development against a picture perfect setting.

COMPLETED DEVELOPMENTS

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119 LOTS (FULLY SOLD)

Backshall Place (Off Ocean Reef Road)Total Sales Value: $21.4M

Regent Glades is an exclusive private estate, superbly located within about two minutes off The Mitchell Freeway, Edgewater Train Station and Wanneroo Road. The development is surrounded by established infrastructure such as shopping centres, medical facilities, kindergarten, primary and high schools, sport and recreational facilities nearby. Pleasantly surrounded by the Yellagonga Regional Park and Lake Joondalup, Regent Glades offers a rare investment opportunity and a quality estate for the community.

51 LOTS (FULLY SOLD)North Beach Road, GwelupTotal Sales Value: $26.5M

Gwelup Park Private Estate is a boutique development excellently located within 10 minutes drive to the City, conveniently located next to Gwelup Shopping Plaza and opposite Lake Gwelup. Being one suburb away from some of Perth’s most beautiful beaches, there is no question why the development holds a strong appeal with working professionals and was sold out quickly after a few months on the market.

40 LOTS (FULLY SOLD)Caporn Street, SinagraTotal Sales Value: $7.3M

Olive Grove Private Estate has been well received by first homebuyers and young families for its value for money. Located opposite Caporn Park, the estate is hidden away from the main roads and provide maximum privacy and serenity for the local residents.

COMPLETED DEVELOPMENTS

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Other completed developments by WPG

Unit 6 / 110 Erindale Road Balcatta

PO Box 934 Balcatta WA 6914

T: +61 (0) 9240 8011

F: +61 (0) 9240 8022

E: info@watsonpropertygroup.com

www.watsoncompletehomes.com