Mixed Use Development OpportunityLots 2 and 3

Elizabeth Quay

Perth Cultural Centre

Perth City Link

Perth Convention & Exhibition Centre

Mitchell Freeway

Supreme Court Gardens

EsplanadeBusport

Barrack StreetJetty and The Bell Tower

Ferry Terminal

EsplanadeTrain Station

Elizabeth Quay is one of Australia’s most

significant waterfront projects and will contribute

to Perth’s transformation into a diverse centre of

living, culture, creativity and business.

Elizabeth Quay will be an exciting destination

consolidating the southern end of a critical north-

south corridor which includes the CBD’s main

retail and commercial uses, transport hub and

education precinct. It also provides an important

anchor to the State Government funded Perth City

Link project and Perth Cultural Centre.

It is strategically located adjacent to major tourism

destinations and transport hubs including:

• Perth Convention and Exhibition Centre

• Supreme Court Gardens

• Barrack Street Jetty and The Bell Tower

• Esplanade Train Station

• Esplanade Busport

• Ferry Terminal

• Mitchell Freeway

These key features underpin the value the project

delivers to investors, occupants, visitors and the

community as well as the State Government.

Elizabeth Quay

PERTH

Perth was built on the banks of the Swan River

but its shoreline was progressively reclaimed to

make way for roads, car parks and open space. This

has resulted in a city that is both physically and

psychologically separate from its foreshore.

Over the last decade, major cities throughout the

world have reconnected with their waterfronts

to accommodate growth and capitalise on their

strategic location.

Perth, through Elizabeth Quay, is similarly

embracing its extensive waterfront through a

master planned project, integrated with the CBD.

The 10-hectare site is being developed into a

complementary and distinctively designed

mixed-use precinct. It will include a balanced mix

of commercial, residential, retail, and short-stay

accommodation as well as a series of integrated

public spaces that respond to the location and

history of the site.

The River. The City. Together Again.

View looking north-west.

8.

6.1.

5.

9.

9.9.

10.

9. 9.

4.

2.

7.

4.

3.

Key Features• 2.7 hectare inlet available for boating and

ferry services

• 1.5 hectares of high quality public space

• Direct access to metropolitan rail, bus and river

ferry services

• Mixed-use development featuring:

– 150,000-200,000 sqm of office and

commercial development

– 25,000-35,000 sqm of retail and

hospitality facilities

– 400 premium hotel rooms

– 800 – 1,000 residential apartments

1. Barrack Street JettyAn existing pedestrian plaza that will be transformed to provide a destination for events and activities

2. The IslandA garden oasis for recreation and relaxation with playground and restaurant facilities

3. The BridgeA unique sculptural element providing continuous pedestrian and cyclist access around the inlet

4. The PromenadesA 2-level open space area with alfresco and informal seating in a relaxed atmosphere

5. William Street LandingAn observation point with waterfront views and potential location for a cable car connecting to Kings Park

6. The InletA 2.7ha inlet with a ferry terminal and public jetties for recreational vessels

7. BHP Billiton Water ParkA tranquil and sheltered environment to accommodate small scale events with a world-class interactive water feature

8. The LandingA large open space with informal seating and views looking out over the river

9. Development Sites 2-8 A mix of commercial, residential and retail offerings

10. Development Site 9 and 10A world-class hotel and residential mixed-use precinct.

Construction works to create the public realm at

Elizabeth Quay are now in the final year. The 2.7ha

inlet, pedestrian bridge and BHP Billiton Water

Park are due for completion in late 2015 together

with the island and promenades.

• Lot 7 was purchased by Chevron for their Asia

Pacific Headquarters, approximately 70,000m2.

• Far East Consortium International will develop

Lot 9 for Perth’s first 205 keys Ritz Carlton Hotel

and residences and Lot 10 for The Towers, a 420

residential development.

• Lots 5 and 6 are currently under negotiation

with Brookfield.

In January 2015, BHP Billiton announced its

A$10million community grant for the BHP Billiton

Water Park; a free community space north of Lot 3.

The Metropolitan Redevelopment Authority

(MRA) has selected three food and beverage

operators for the space within the public realm

opening early 2016.

When fully developed, Elizabeth Quay will be

a world-class destination with a spectacular

calendar of events.

Program Update

View of BHP Billiton Water Park looking south-east.

BHP Billiton Water Park

Western Promenade

The Landing

Eastern Promenade

The Island

The Bridge

Barrack Lane

Barrack Square

Riverside Lane

Site 4

Site 33,148m²

43m

68m

70m

45m

Site 23,060m²

William Street Landing

45m

45m

68m

68m

Geoffrey Bolton Avenue

Site DetailsSite Area

Land Use

Podium Height

Tower Height(incl. podium, 5m set)

Setbacks above podium

Site 2: 3,060m²Site 3: 3,148m²

Total: 6,208m²

Ground: Retail, diningUpper podium: Retail, dining, residential, serviced apartment, hotelTower: Residential, serviced apartment, hotel

Min: 2 storeys up to 8mMax: 5 storeys up to 20m

Min: 12 storeys (Site 2) and 15 storeys (Site 3)Max: 20 storeys (Site 2) and 25 storeys (Site 3)

5m setbacks from all boundaries above podium

Lots 2 and 3 will be released to the market as

Perth’s premium mixed use residential, retail

and hotel opportunity.

The sites form the western edge of the inlet and

front the promenades, Elizabeth Quay’s primary

public open space.

With excellent amenity, the sites are adjacent to

Perth Exhibition and Convention Centre, a major

Bus Station and the Transperth Ferry Terminal,

providing a high level of pedestrian activation.

As the Master Land Developer, MRA and the

State Government have invested A$440 million

to prepare the sites for sale including the delivery

of the inlet, public services, infrastructure and

public realm.

The MRA, as planning authority for the area,

will be responsible for granting development

approvals and is committed to act as the precinct

manager for the next ten years.

The Opportunity

View along western promenade.

ElizabethQuay

1. PERTH CITY LINKNew dwellings 1,650New population 3060New workers 13,500

2. KINGS SQUAREWill house 4 new offi ce buildings: HBF, Shell Aust., John Holland and 520 apartments

3. TREASURY BUILDINGInvestment $580M33 level offi ce & hotel, 48 suites

4. AU APARTMENTS208 Adelaide Tce 192 apartments 5. FRASERSNew Dwellings 267 residences 107 apartments

6. WA POLICE STATIONArea: 1.78hDwellings: 291Commercial Space: 12,500m2

7. WATERBANKArea 6haNew Dwellings 670–720New Population 1,500New Workers 1,500

8. PERTH STADIUMSeats 60,000

9. EAST PERTH POWER STATIONSite Area: 8.5haPower Station: 3.14ha

Perth City Link

East Perth Power

Station

Riverside

7

4

3

2

1

8

9

5 6

Bid ProcessExpressions of Interest (EOI) are sought

for this riverfront development opportunity.

Respondents must address the evaluation

criteria set out in the EOI document, available

from the secure online data room. Access to

the data room is by registration.

Following the EOI process, MRA intends

to identify a Preferred Proponent for the

acquisition and development of Lots 2 and 3.

Stage One – Expression of Interest (EOI)Date MilestoneJuly 2015 Release of EOI via data roomAugust 2015 Proponent Briefing– details via

data room10am WST Thursday 22 October 2015

EOI closes

November 2015 to January 2016

Evaluation of proposals and preferred proponent identified

Perth, Western AustraliaWestern Australia is geographically the largest

and fastest growing jurisdiction in Australia.

Population growth is expected to continue to

exceed the national average over the next decade.

The capital city, Perth, is the metropolitan hub

supporting the State’s services industry and

regional economies. It provides an efficient local,

national and international transport network and

sophisticated service infrastructure for trade and

tourism across the Asia-Pacific region.

In Western Australia, there are a significant

amount of infrastructure projects in the pipeline,

including a A$3.7 billion Cape Lambert port

expansion, a new 60,000 seat stadium in the

Burswood precinct and a A$3 billion Perth City

Link urban renewal project.

Perth Residential Market • By 2024, the State’s population is expected to grow to

3 million people. (1)

• The residential population of Perth City is expected to grow 93% to reach 35,000 people by 2036, creating strong demand for dwellings within the Perth CBD. (1)

• Perth has been rated as one of the world’s top 10 most liveable cities every year since 2004. (2)

Perth Hotel Market • There are a large number of major tourism projects

under construction or in planning as Perth looks to upgrade its tourism offer to capture demand from growing Asian markets.

• The Perth hotel market is tightly held with very limited transactional hotel activity in the last 12 months. (3)

• Perth hotel rooms maintain high occupancy rates at 83.6% and revenue above A$200 per available room. (3)

• Hotels are a high performer in the Australian market, returning on average 12% per annum. (3)

Sources:(1) Colliers Apartment Research Report, February 2015(2) Economist Intelligence Unit, Liveability Survey(3) Colliers International, Research & Forecast Report Hotels, 2015

About MRAThe Metropolitan Redevelopment Authority (MRA) was established as a result of the Metropolitan Redevelopment Authority Act 2011. The MRA continues the work of the former redevelopment authorities of East Perth, Subiaco, Midland and Armadale to initiate master planned urban renewal projects with the private sector.

The MRA’s approach involves creative delivery of new urban communities, embracing sustainable development principles and reacquainting people with the benefits of inner-urban life.

Our role as Perth’s redevelopment agency enables us to transform urban spaces, creating places where people want to live, work and recreate. MRA’s planning approval and development powers will see the revitalisation of over 2,000 hectares across the metropolitan area over the next decade.

elizabethquay.wa.gov.au

The particulars contained herein including but not limited to use and dimensions are for guidance only and shall not be taken as representations or warranties by the Metropolitan Redevelopment Authority or its agents and were prepared for the purpose of the sale and do not form part of any agreement. Any information regarding the properties which has or may in the future be made available to prospective buyers, has or will be supplied on the clear understanding that whilst every care has been taken with its preparation, no responsibility is accepted by the Metropolitan Redevelopment Authority, or its agents or any person employed or engaged by them for the accuracy or completeness of such information and prospective buyers are advised to make their own enquiries and to satisfy themselves in all respects. All illustrations are artist’s impressions only.

View of Lots 2 & 3 looking south-west.

Ian MickleDirector, Investment Services+61 434 659 800ian.mickle@colliers.com

Nicholas AgapitosDirector, Metropolitan Markets+61 434 659 808nicholas.agapitos@colliers.com

For more information contact Colliers International: