Stratus - Lygon Street, East Brunswick Development

3 6 0 LY G O N S T R E E T B R U N S W I C K E A S T

CONTENTS — WELCOME TO STRATUS Page02 EXPLORE THE LIFE AND OPPORTUNITY THAT SURROUNDS STRATUS — LOCATION Page15 DISCOVER THE APPEALING DIVERSITY OF LYGON STREET AND BRUNSWICK EAST — ARCHITECTURE AND DESIGN Page16 ARTIST IMPRESSIONS — PROJECT TEAM Page31 CREDENTIALS AND PORTFOLIO — PROJECT FACT SHEET Page34 AT A GLANCE SUMMARY OF ALL FEATURES, FITTINGS AND FINISHES AREA ANALYSIS Page35 INVESTMENT ANALYSIS Page36 — FLOOR PLANS Page38 LEVEL PLANS, APARTMENT FLOOR PLANS — APPENDICES Page94 RENTAL APPRAISALS, OWNERS CORPORATION, DEPRECIATION SCHEDULES, STAMP DUTY.

0 1

GREAT COFFEE HAUNTS — A MINOR PLACE 103 Albion St A HOLE-IN-THE-WALL CAFE WITH A WELCOMING VIBE SERVING ATOMICA COFFEE — BRUNSWICK EAST PROJECT 438 Lygon St ULTIMATE COFFEE LOVERS HAUNT — L’ATELIER DE MONSIEUR TRUFFLE 351 Lygon St EXQUISITE CHOCOLATE DELIGHTS FOR ALL, HIDING BEHIND A SECRET RED DOOR — POPE JOAN 77 Nicholson St COMFORT AND DESIGN MIX WELL IN THIS COFFEE HAVEN — RAY’S CAFE 332 Victoria St THIS PIONEERING CAFE HAS MANAGED TO KEEP ITS EDGE AND A LOYAL CROWD — SMALL BLOCK 130 Lygon St A SLOW-PACED CAFE WITH GREAT COFFEE ATTRACTING ART TYPES, COURTYARD INCLUDED — WIDE OPEN ROAD 274 Barkly St A SELF DESCRIBED BOUTIQUE MICRO COFFEE ROASTER AND CAFE.

0302

FOOD&DRINK — ALBERT ST FOOD AND WINE 382 Sydney Rd ENJOY AND PURCHASE OUTSTANDING PRODUCE — ATTICUS FINCH 129 Lygon St INDULGE IN THE ECLECTIC ARRAY OF HAND CRAFTED WINE AND BEER — EAST BRUNSWICK CLUB 280 Lygon St ONE OF MELBOURNE’S ICONIC MUSIC VENUES — GELOBAR 74 Lygon St HOME TO MELBOURNE’S BEST GELATO — HELLENIC REPUBLIC 434 Lygon St TRADITIONAL GREEK CUISINE WITH A MODERN TOUCH — KUMO IZAKAYA & SAKE BAR 152 Lygon St CONTEMPORARY JAPANESE FOOD IN A DESIGN-DRIVEN SAKE DEN — MR WILKINSON BAR 295 Lygon St NAMED AFTER THE FOUNDER OF BRUNSWICK; A TRUE LOCAL BAR — THAILA THAI 82 Lygon St MORE THAN A SIMPLE THAI RESTAURANT; TO BE EXPERIENCED — THE ALDERMAN 134 Lygon St A LOCAL HIDEAWAY GUARANTEED TO LIFT EVERYONE’S SPIRITS — THE BRUNSWICK GREEN 313 Sydney St THE PERFECT BEER GARDEN.

0706

SECRET GEMS — 20TH CENTURY SCANDINAVIA 79 Lygon St RESISTANCE IS POINTLESS AT THIS BELOVED VINTAGE TREASURE TROVE — BLACKHEARTS AND SPARROWS WINE PURVEYORS 131 Lygon St A GATEWAY TO THE PLEASURES OF HANDCRAFTED WINE — BRUNSWICK EAST ORGANIC MARKET Cr Roberts and Nicholson St A VIBRANT COMMUNITY MARKET — KUWAII 37 Glenlyon Rd FEMININE CLOTHING WITH EDGE — MONK HOUSE 102 Lygon St INDEPENDENT FASHION AND DESIGN RUN FREE IN THIS SMALL BOUTIQUE — MR KITLY 381 Sydney Rd FOR LOVERS OF ALL THINGS JAPANESE — SMITH AND MALONEY GREENGROCERS 157 Lygon St QUAINT AND CHARMING GREENGROCER BRIMMING WITH SEASONAL ORGANIC PRODUCE — THE RED WHEELBARROW BOOKS 105 Lygon St SPECIALISING IN SECOND HAND AND ANTIQUARIAN RARITIES — THE VERY CURIOUS KITTEN 138 Lygon St UNIQUE PIECES OF HANDMADE WHIMSY FROM FASHION TO ART.

1110

SECRET GEMS—26 20TH CENTURY SCANDINAVIA 79 LYGON ST 27 BLACKHEARTS AND SPARROWS WINE PURVEYORS 131 LYGON ST28 BRUNSWICK EAST ORGANIC MARKET CR ROBERTS AND NICHOLSON ST29 KUWAII 37 GLENLYON RD30 MONK HOUSE 102 LYGON ST

31 MR KITLY 381 SYDNEY RD 32 SMITH AND MALONEY GREENGROCERS 157 LYGON ST33 THE RED WHEELBARROW BOOKS 105 LYGON ST34 THE VERY CURIOUS KITTEN 138 LYGON ST

21 KUMO IZAKAYA AND SAKE BAR 152 LYGON ST 22 MR WILKINSON BAR 295 LYGON ST23 THAILA THAI 82 LYGON ST24 THE ALDERMAN 134 LYGON ST25 THE BRUNSWICK GREEN HOTEL 313 SYDNEY RD

GREAT COFFEE—09 A MINOR PLACE 103 ALBION ST10 BRUNSWICK EAST PROJECT 438 LYGON ST11 L'ATELIER DE MONSIEUR TRUFFLE 351 LYGON ST12 POPE JOAN 77 NICHOLSON ST13 RAY’S CAFE 332 VICTORIA ST14 SMALL BLOCK 130 LYGON ST15 WIDE OPEN ROAD 274 BARKLY ST

FOOD & DRINK—16 ALBERT STREET FOOD AND WINE 382 SYDNEY RD 17 ATTICUS FINCH 129 LYGON ST18 EAST BRUNSWICK CLUB 280 LYGON ST19 GELOBAR 74 LYGON ST20 HELLENIC REPUBLIC 434 LYGON ST

TRANSPORT—01 TRAM ROUTE 1 & 8 20 METRES 02 TRAIN ROUTE BRUNSWICK VICTORIA GR AND PRENTICE ST BRUNSWICK03 EASTERN FREEWAY 3.8 KM04 TULLAMARINE FREEWAY 4.8 KM05 CBD 5.8 KM

EDUCATION—06 BRUNSWICK EAST PRIMARY SCHOOL 195A STEWART ST 07 BRUNSWICK SOUTH PRIMARY SCHOOL 56 BRUNSWICK RD08 BRUNSWICK SECONDARY COLLEGE 47 DAWSON ST

royalparkstation

sydn

ey r

oad

lygo

n st

reet

glenlyon roaddawson street

barkly street

brunswick roadto tullamarine freeway

eastern freewayto cbd

albert street

victoria street

blyth street

stewart street

albion street

flemingpark

methvenpark

merripark

jewelstation

brunswickstation

nich

olso

n st

reet

08

02

05

07

01

06 28

09

10

11

22

14

24

23

30

21

34

29

18

19

20

17

33

32

27

26

15

12

13

16

25

31

03

04

1514

VIEW FROM LYGON STREET

1716

VIEW DOWN LYGON STREET

1918

VIEW FROM VICTORIA STREET

2120

FOYER

2322

LIVING AREA

2524

LIVING AREA

2726

KITCHEN

2928

BLUE EARTH GROUP BLUE EARTH GROUP IS A PROPERTY DEVELOPMENT GROUP SPECIALISING IN APARTMENT PROJECTS. FOR OVER 20 YEARS, WE HAVE HAD A REMARKABLE JOURNEY, TRAVERSING AN EVER-SOARING ARC FROM THE CONSTRUCTION OF A SINGLE DWELLING IN 1993, TO THE COMPILATION OF TODAY’S $450 MILLION PROJECT PORTFOLIO — FOR US, DESIGN EXCELLENCE HAS REMAINED A CONSTANT THROUGHOUT OUR HISTORY: AN ENDURING ALLEGIANCE TO OUR QUALITY AND DESIGN — WE HAVE AN UNFALTERING COMMITMENT TO THINK IMAGINATIVELY, TREAT CHALLENGES AS OPPORTUNITIES, AND EMBRACE CREATIVITY IN EVERY SPHERE OF ACTIVITY, ALL TO MAKE A LASTING CONTRIBUTION TO THE BUILT ENVIRONMENT FOREVER.

MAP ARCHITECTURE AND DESIGN DRIVEN BY THE CHALLENGE OF CREATING EXCITING, INNOVATIVE AND CUTTING EDGE ARCHITECTURE ENSURES MAP’S DELIVERY OF DESIGN EXCELLENCE ON EVERY PROJECT. THE STRENGTH OF MAP’S ARCHITECTURAL SOLUTIONS IS FOUNDED ON THE EXPERIENCE OF OVER 25 YEARS AND A STRONG COMMITMENT TO THE QUALITY AND CREATIVITY OF ALL WORK PRODUCED, INCLUDING THE MILL APARTMENTS IN ESSENDON AND C100 IN CARLTON

EADES AND BERGMAN MOTIVATED BY A PASSION FOR CREATING EFFICIENT, LUXURIOUS AND INDIVIDUALLY DESIGNED SPACES, EADES AND BERGMAN’S DESIGN APPROACH ENHANCES THE WAY PEOPLE LIVE DAY TO DAY, ALWAYS ACHIEVING IMPRESSIVE INTERIOR AND EXTERIOR OUTCOMES — EADES AND BERGMAN’S STYLE IS INSPIRED BY INTERNATIONAL TRAVEL, ENVIRONMENTAL CONSCIOUSNESS AND WORKING WITH LOCAL INDUSTRIAL DESIGNERS. WITH 16 COMBINED YEARS IN THE INDUSTRY, EADES AND BERGMAN CONTINUE TO CREATE UNIQUE AND BEAUTIFUL SPACES FOR BOTH RESIDENTIAL AND COMMERCIAL PROJECTS.

PROJECT TEAM

BATHROOM

3130

PORTFOLIO—LEFT TO RIGHTISLINGTON SILOS COLLINGWOOD

G1 SANDRINGHAM

ERANTIS ESSENDON NORTH

JOULIA BRUNSWICK EAST

C1 00 CARLTON

ART ESSENDON

IMEX ESSENDON

3332

PROJECT FACT SHEET

AREA ANALYSIS

SUMMARY—APARTMENTS 103

RESTAURANTS 01

RETAIL/COMMERIAL 02

CARPARKING 3 LEVELS OF SECURE BASEMENT CARPARKING

VISITOR CARPARKING YES

BIKE STORAGE YES

STORAGE CAGES YES INDIVIDUALLY FOR ALL APARTMENTS

LEVELS 07

DEVELOPER BLUE EARTH GROUP OF COMPANIES

ARCHITECT MAP ARCHITECTURE & DESIGN

BUILDER HAMILTON MARINO BUILDERS

CONSTRUCTION COMMENCEMENT EXPECTED MID/ LATE 2012

CONSTRUCTION COMPLETION EXPECTED LATE 2013/ EARLY 2014

BUILDING ENVELOPE—FLOORS REINFORCED CONCRETE SLAB

EXTERNAL WALLS INSITU CONCRETE AND/OR MASONRY AND/OR LIGHTWEIGHT CLADDING

WALLS BETWEEN RESIDENTIAL UNITS ACOUSTIC AND FIRE RATED WALLS AS REQUIRED

INTERNAL WALLS PAINT FINISH

WINDOWS & SLIDING DOORS ALUMINIUM FRAMES WITH GLAZING

BALCONIES CERAMIC AND/OR VITRIFIED TILE

GENERAL—ELECTRICAL INDIVIDUAL METERING

LIGHTING DOWN LIGHTS THROUGHOUT WITH TRACK LIGHT TO KITCHEN/LIVING

HOT WATER SERVICE CENTRALISED GAS HOT WATER WITH INDIVIDUAL METERS

LIFT 2 LIFTS

AIR CONDITIONING AIR CONDITIONING TO LIVING AREA

TELEVISION MATV/PTV IN LIVING ROOM AND MATV IN MAIN BEDROOM

COMMUNICATIONS NATIONAL BROADBAND NETWORK WITH POINTS ADJACENT TO PTV IN LIVING ROOM FOR FOXTEL IQ CONNECTION AND A POINT IN THE MAIN BEDROOM

KITCHEN FITTINGS —SINK STAINLESS STEEL UNDERMOUNT

COOK TOP HAFELE GAS COOK TOP OR EQUIVALENT

RANGE HOOD HAFELE OR EQUIVALENT

OVEN HAFELE ELECTRIC OVEN OR EQUIVALENT

DISHWASHER HAFELE OR EQUIVALENT

BATHROOM AND ENSUITE FITTINGS—SHOWER BASE CERAMIC AND/OR VITRIFIED TILE AND/OR SELECTED BASE

VANITY BASIN VITREOUS CHINA

TOILET VITREOUS CHINA

SHOWER SCREEN FRAMELESS GLASS SCREEN

MIRROR POLISHED EDGE

ACCESSORIES CHROME

TAPWARE —KITCHEN SINGLE LEVER CHROME MIXER

SHOWER SINGLE LEVER CHROME MIXER

SHOWER OUTLET CHROME

VANITY SINGLE LEVER CHROME MIXER

KITCHEN—FLOORS ENGINEERED TIMBER FLOORS

WALLS LOW SHEEN ACRYLIC PAINT

CEILING PAINTED PLASTERBOARD

SKIRTINGS PAINTED MDF

BENCHTOP RECONSTITUTED STONE OR SIMILAR

SPLASHBACK CERAMIC AND/OR VITRIFIED TILE

JOINERY LAMINATE

LIVING/DINING/ENTRY —FLOORS ENGINEERED TIMBER FLOORS




BEDROOMS —FLOORS CARPET




BATHROOM/ ENSUITE—FLOORS CERAMIC AND/OR VITRIFIED TILE

WALLS CERAMIC TILES AND/OR VITRIFIED TILE TO SHOWER ENCLOSURE WITH LOW SHEEN ACRYLIC PAINT OVER PLASTERBOARD ELSEWHERE


SKIRTINGS CERAMIC AND/OR VITRIFIED TILE

BENCHTOP RECONSTITUTED STONE OR SIMILAR

SPLASHBACK MIRROR AND/OR CERAMIC TILE AND/OR VITRIFIED TILE

JOINERY LAMINATE

GROWTH OVER THE NEXT FIVE YEARS THE POPULATION OF BRUNSWICK EAST IS EXPECTED TO GROW BY 2,50025 TO 34 WITH ALMOST HALF THE TENURE IN BRUNWICK BEING RENTAL, THE SUBURB HAS STRUCK APPEAL WITH ‘GENERATION Y’ WITH THE PERCENTAGE OF PEOPLE AGED BETWEEN 25 TO 34 BEING 30% MORE THAN THE AVERAGE OF THE MUNICIPALITYFOOD DESTINATION LEADING RESTAURANT FOOD CRITIC URBAN SPOON HAS LISTED BRUNSWICK AS ONE OF THE TOP SUBURBS OF MELBOURNE FOR FOOD AND DRINKSPOPULATION OVER THE NEXT 20 YEARS THE POPULATION OF BRUNSWICK EAST IS EXPECTED TO INCREASE BY OVER 3% ANNUALLY, WHICH IS ALMOST DOUBLE THE RATE OF ANY OTHER SUBURB IN THE MUNICIPALITYCOUNCILS VISION FOR BRUNSWICK IS TO HAVE AN ADDITIONAL 5,000-10,000 DWELLINGSLYGON ST HAS A DIRECT TRAM LINK INTO THE HEART OF THE CBDNBN THE NATIONAL BROADBAND NETWORK (NBN) CAN DELIVER DOWNLOAD SPEEDS UP TO 1,000 FASTER THAN CURRENT INTERNET SPEEDS. MOVIES CAN BE DOWNLOADED IN AS LITTLE AS A MINUTE WHEN PREVIOUSLY IT COULD TAKE UP TO 18 HOURS.

FORECASTBRUNSWICK EAST 2006 2011 2016 2021 2026 2031

POPULATION 9,117 10,452 12,951 15,206 17,673 18,738CHANGE IN POPULATION (5 YEARS) 1,335 2,499 2,255 2,467 1,065AVERAGE ANNUAL CHANGE (%) 2.77 4.38 3.26 3.05 1.18HOUSEHOLDS 3,942 4,480 5,559 6,578 7,727 8,341AVERAGE HOUSEHOLD SIZE (PERSONS) 2.3 2,32 2.32 2.31 2.28 2.24POPULATION IN NON PRIVATE DWELLINGS 39 39 39 39 39 39DWELLINGS 4,093 4,641 5,779 6,846 8,846 8,705

FORECAST POPULATION CHANGE BRUNSVICK EAST2007–2031 (FORECAST YEAR ENDING JUNE 30)

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2005

1990

$400

$350

$300

$250

$200

$150

$100

$50

$0

$500

$400

$300

$200

$100

$0

2006

1994

2007

1998

2008

2002

2009

2006

2010

2010

MELBOURNE METRO

BRUNSWICK EAST

BRUNSWICK WEST

BRUNSWICK

MEDIAN RENT 2-BEDROOM APARTMENT2005–2010 MEDIAN RENT IN $PW

MEDIAN UNIT PRICE 1990–2010 PRICES IN '000

VACANCY RATE 2003–2010 VACANCY RATE IN %

2003 2004 2005 2006 2007 2008 2009 2010

5%

4%

3%

2%

1%

0%

CENTRAL (0–4km)

INNER (4–10km)

RENTED 47%

FULLY OWNED 27%

BEING PURCHASED 26%

NATURE OF OCCUPANCY BRUNSWICK (2006)

2007—2031

0

200

400

600

800

NUMBEROF PERSONS

3534

APARTMENT NUMBER

FOUR401402403404405406407408409410411412413414415416

FIVE501502503504505506507508509510511512513514

SIX601602603604605606607608609610611612613614

RENT LOW RANGE(0 1)

$370$490$390$490$460$370$370$370$370$490$490$390$390$390$390$460

$390$490$390$490$460$370$370$370$390$390$390$390$390$460

$390$490$390$490$460$370$370$370$390$390$390$390$390$460

RENT HIGH RANGE(0 1)

OWNERS CORPORATION(02)

COUNCIL RATES(03)

WATER CHARGES(04)

DEPRECIATION(05)

STAMP DUTY(06)

$430$530$460$530$490$430$430$430$430$530$530$460$460$460$460$490

$460$530$460$530$490$430$430$430$460$460$460$460$460$490

$460$530$460$530$490$430$430$430$460$460$460$460$460$490

$1,512$1,990$1,512$1,830$1,512$1,432$1,432$1,432$1,432$1,671$1,671$1,432$1,432$1,432$1,432$1,671

$1,592$1,990$1,512$1,910$1,512$1,432$1,432$1,432$1,512$1,512$1,512$1,512$1,512$1,671

$1,592$1,990$1,592$1,910$1,512$1,432$1,432$1,432$1,512$1,512$1,512$1,512$1,512$1,751

$1,213$1,626$1,253$1,520$1,226$1,160$1,160$1,186$1,186$1,360$1,386$1,200$1,200$1,200$1,200$1,346

$1,280$1,600$1,266$1,533$1,253$1,173$1,173$1,200$1,226$1,213$1,213$1,213$1,213$1,373

$1,293$1,626$1,280$1,560$1,266$1,186$1,186$1,186$1,240$1,226$1,226$1,226$1,226$1,400

$553$583$556$576$554$549$549$551$551$564$566$552$552$552$552$563

$558$581$557$577$556$550$550$552$554$553$553$553$553$565

$559$583$558$578$557$551$551$551$555$554$554$554$554$567

$17,307$22,112$17,307$19,152$19,152$17,307$17,307$17,307$17,307$19,152$19,152$17,307$17,307$17,307$17,307$19,152

$17,307$22,112$17,307$19,152$19,152$17,307$17,307$17,307$17,307$17,307$17,307$17,307$17,307$19,152

$17,307$22,112$17,307$19,152$19,152$17,307$17,307$17,307$17,307$17,307$17,307$17,307$17,307$19,152

$2,481$4,220$2,570$3,620$2,510$2,361$2,361$2,421$2,421$2,810$2,870$2,450$2,450$2,450$2,450$2,781

$2,630$4,070$2,601$3,698$2,570$2,390$2,390$2,450$2,510$2,481$2,481$2,481$2,481$2,841

$2,661$4,220$2,630$3,848$2,601$2,421$2,421$2,421$2,541$2,510$2,510$2,510$2,510$2,948

NOTES

APARTMENT NUMBER

GROUNDG04G05

ONE 101102103104105106107108109110111112113114115116117118

TWO201202203204205206207208209210211212213214215216217218

THREE301302303304305306307308309310311312313314315316317318

RENT LOW RANGE(0 1)

$390$490

$460$390$390$390$390$490$460$390$390$390$390$490$490$390$390$390$390$460

$490$390$390$390$390$490$460$390$390$390$390$490$490$390$390$390$390$460

$490$390$390$390$390$490$460$370$370$370$370$490$490$390$390$390$390$460

RENT HIGH RANGE(01)

OWNERS CORPORATION(02)

COUNCIL RATES(03)

WATER CHARGES(04)

DEPRECIATION(05)

STAMP DUTY(06)

$460$530

$490$460$460$460$460$530$490$460$460$460$460$530$530$460$460$460$460$490

$530$460$460$460$460$530$490$460$460$460$460$530$530$460$460$460$460$490

$530$460$460$460$460$530$490$430$430$430$430$530$530$460$460$460$460$490

$1,432$1,830

$1,592$1,432$1,353$1,353$1,512$1,830$1,512$1,432$1,432$1,432$1,432$1,910$1,671$1,432$1,432$1,432$1,432$1,592

$1,830$1,512$1,512$1,512$1,512$1,910$1,592$1,432$1,432$1,432$1,432$1,910$1,671$1,432$1,432$1,432$1,432$1,592

$1,751$1,592$1,512$1,512$1,512$1,909$1,432$1,353$1,353$1,432$1,432$1,671$1,671$1,432$1,432$1,432$1,432$1,592

$1,160$1,466

$1,266$1,146$1,133$1,133$1,213$1,506$1,266$1,146$1,146$1,173$1,173$1,546$1,373$1,200$1,200$1,200$1,200$1,320

$1,493$1,266$1,240$1,240$1,240$1,560$1,293$1,173$1,173$1,200$1,200$1,560$1,360$1,173$1,173$1,173$1,173$1,293

$1,453$1,293$1,266$1,266$1,266$1,586$1,200$1,133$1,133$1,173$1,173$1,373$1,360$1,186$1,186$1,186$1,186$1,320

$549$572

$557$548$547$547$553$575$557$548$548$550$550$578$565$552$552$552$552$561

$574$557$555$555$555$578$559$550$550$552$552$578$564$550$550$550$550$559

$571$559$557$557$557$580$552$547$547$550$550$565$564$551$551$551$551$561

$17,307$19,152

$19,152$17,307$17,307$17,307$17,307$22,112$19,152$17,307$17,307$17,307$17,307$22,112$19,152$17,307$17,307$17,307$17,307$19,152

$19,152$17,307$17,307$17,307$17,307$22,112$19,152$17,307$17,307$17,307$17,307$22,112$19,152$17,307$17,307$17,307$17,307$19,152

$19,152$17,307$17,307$17,307$17,307$22,112$19,152$17,307$17,307$17,307$17,307$19,152$19,152$17,307$17,307$17,307$17,307$19,152

$2,361$3,320

$2,601$2,330$2,301$2,301$2,481$3,548$2,601$2,330$2,330$2,390$2,390$3,770$2,841$2,450$2,450$2,450$2,450$2,721

$3,470$2,601$2,541$2,541$2,541$3,848$2,661$2,390$2,390$2,450$2,450$3,848$2,810$2,390$2,390$2,390$2,390$2,661

$3,248$2,661$2,601$2,601$2,601$3,998$2,450$2,301$2,301$2,390$2,390$2,841$2,810$2,421$2,421$2,421$2,421$2,721

(0 1) SEE APPENDICES FOR RENTAL APPRAISALS FROM WOODARDS AND PREVIEW PROPERTY(0 2)

SEE APPENDICES FOR OWNERS CORPORATION PROPOSED LEVY SCHEDULE FROM CHERRY OWNERS CORPORATION(0 3)

COUNCIL RATES COUNCIL RATES ARE ESTIMATED USING THE MORELAND CITY COUNCIL CAPITAL IMPROVED VALUE MULTIPLIED BY THE RATE PRESCRIBED BY COUNCIL(0 4)

WATER CHARGES ARE ESTIMATED USING THE YARRA VALLEY WATER SERVICES CHARGES AND THE PARKS VICTORIA CHARGES(0 5)

SEE APPENDICES FOR INDICATIVE TAX DEPRECIATION FROM JUST DEPRECIATION(0 6) STAMP DUTY PAYABLE ESTIMATE IS BASED ON THE FIXED PERCENTAGE METHOD DISCLOSURE TO THE STATE REVENUE OFFICE.

THE INFORMATION PROVIDED IN THIS ANALYSIS IS GIVEN FOR GENERAL INFORMATION PURPOSES ONLY. IT SHOULD NOT BE RELIED UPON AS A SUBSTITUTE FOR LEGAL, FINANCIAL, REAL ESTATE OR OTHER EXPERT ADVICE AND MUST NOT BE RELIED UPON AS A BASIS FOR ANY DECISION YOU MAKE CONCERNING ANY FEATURED PROPERTY. YOU MUST MAKE YOUR OWN ENQUIRIES TO VERIFY THE INFORMATION BEFORE ACTING ON IT; INCLUDING MATERIAL ON PROPERTY PARTICULARS. THE INFORMATION IS SUBJECT TO CHANGE AT ANY TIME WITHOUT NOTICE AND TO THE EXTEND PERMITTED BY THE LAW ‘AS IS’ WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND AS TO THE ACCURACY, COMPLETENESS OR SUITABILITY FOR A PARTICULAR PURPOSE.

BASED ON A FULL YEAR

INVESTMENT ANALYSIS

3736

Proposed Budget for Owners Corporation No. 1 PS 708385F - Prescribed356 - 360 Lygon Street, Brunswick East, 3056.

110 90 1,432.45$ 502 125 1,989.50$ 111 90 1,432.45$ 503 95 1,512.00$ 112 120 1,909.90$ 504 120 1,909.90$ 113 105 1,671.20$ 505 95 1,512.00$ 114 90 1,432.45$ 506 90 1,432.45$ 115 90 1,432.45$ 507 90 1,432.45$ 116 90 1,432.45$ 508 90 1,432.45$ 117 90 1,432.45$ 509 95 1,512.00$ 118 100 1,591.60$ 510 95 1,512.00$ 201 115 1,830.35$ 511 95 1,512.00$ 202 95 1,512.00$ 512 95 1,512.00$ 203 95 1,512.00$ 513 95 1,512.00$ 204 95 1,512.00$ 514 105 1,671.20$ 205 95 1,512.00$ 601 100 1,591.60$ 206 120 1,909.90$ 602 125 1,989.50$ 207 100 1,591.60$ 603 100 1,591.60$ 208 90 1,432.45$ 604 120 1,909.90$ 209 90 1,432.45$ 605 95 1,512.00$ 210 90 1,432.45$ 606 90 1,432.45$ 211 90 1,432.45$ 607 90 1,432.45$ 212 120 1,909.90$ 608 90 1,432.45$ 213 105 1,671.20$ 609 95 1,512.00$ 214 90 1,432.45$ 610 95 1,512.00$ 215 90 1,432.45$ 611 95 1,512.00$ 216 90 1,432.45$ 612 95 1,512.00$ 217 90 1,432.45$ 613 95 1,512.00$ 218 100 1,591.60$ 614 110 1,750.75$ 301 110 1,750.75$ 302 100 1,591.60$ 303 95 1,512.00$ 304 95 1,512.00$ 305 95 1,512.00$ 306 120 1,909.90$ 307 90 1,432.45$ 308 85 1,352.85$ 309 85 1,352.85$ 310 90 1,432.45$ 311 90 1,432.45$ 312 105 1,671.20$ 313 105 1,671.20$ 314 90 1,432.45$ 315 90 1,432.45$ Total Entitlement units 10600316 90 1,432.45$ Total Levy income (incl GST) 168,709.00$ 317 90 1,432.45$ Total Lots 106318 100 1,591.60$ Per unit of Entitlement 15.92$

Cherry Owners Corporation PTY LTD - Chris Dassler - 05/06/2012 Page 2 of 2

Proposed Budget for Owners Corporation No. 1 PS 708385F - Prescribed356 - 360 Lygon Street, Brunswick East, 3056.

For the financial year 2013 to 2014

Admin Fund Expenses

Admin--Annual Account Audit 1,350$ Admin--Disbursement fees 4,240$ Admin--Management Fees 14,840$ Insurance--Premiums 28,000$ Maint Bldg--Caretaking 45,500$ Maint Bldg--Essential Services 10,000$ Maint Bldg--Contingency Repairs 4,000$ Maint Bldg--Fire & Lift Telephone 1,440$ Maint Bldg--Preparation of Maintenance Plan 5,000$ Utility--Electricity - Common 25,000$ Utility--Gas - Common 4,000$ Utility--Water - Common 500$ Utility--Waste Management 9,000$ Setup-- Compliance 500$ Plus GST 15,337$ Total expenses 168,707$

Lot Entitlement Annual Levy Lot Entitlement Annual Levy1 185 2,944.45$ 401 95 1,512.00$ 2 155 2,466.95$ 402 125 1,989.50$ 3 225 3,581.05$ 403 95 1,512.00$

G01 100 1,591.60$ 404 115 1,830.35$ G02 95 1,512.00$ 405 95 1,512.00$ G03 100 1,591.60$ 406 90 1,432.45$ G04 90 1,432.45$ 407 90 1,432.45$ G05 115 1,830.35$ 408 90 1,432.45$ 101 100 1,591.60$ 409 90 1,432.45$ 102 90 1,432.45$ 410 105 1,671.20$ 103 85 1,352.85$ 411 105 1,671.20$ 104 85 1,352.85$ 412 90 1,432.45$ 105 95 1,512.00$ 413 90 1,432.45$ 106 115 1,830.35$ 414 90 1,432.45$ 107 95 1,512.00$ 415 90 1,432.45$ 108 90 1,432.45$ 416 105 1,671.20$ 109 90 1,432.45$ 501 100 1,591.60$

Cherry Owners Corporation PTY LTD - Chris Dassler - 05/06/2012 Page 1 of 2

Suite One, 260 Auburn RoadHawthorn VIC 3122

t 03 8862 4655 f 03 9815 3933 e [email protected] w www.cherryoc.com.au

01 02APPENDICE

ONEAPPENDICE

TWORENTAL

APPRAISALSCORPORATION

BUDGET

9594

PH: 1300 364 683

e-mail [email protected]

Report Date: 4th June 2012

Stratus Apartments, 360 Lygon Street, Brunswick East File No:

DEPRECIATION IN YEAR NOMINATED RESIDUALTwo bedrooms, one bathroom & car park Depreciation Installed

WRITTENRate Cost YEAR YEAR YEAR YEAR YEAR YEAR YEAR YEAR YEAR YEAR DOWN VALUE

1 2 3 4 5 6 7 8 9 10

Carpet/vinyl floor coverings 20.00% 2,520 504 403 323 258 206 165 132 106 85 68 271Floating timber floor 13.34% 3,500 467 405 351 304 263 228 198 171 149 129 836Stoves - whitegoods etc 16.67% 5,114 853 710 592 493 411 343 285 238 198 165 826Dishwasher 20.00% 2,050 410 328 262 210 168 134 107 86 69 55 220Hot water service 16.67% 1,447 241 201 167 140 116 97 81 67 56 47 234Intercom 20.00% 2,475 495 396 317 253 203 162 130 104 83 66 266Air conditioning 20.00% 6,450 1,290 1,032 826 660 528 423 338 271 216 173 693Asset pool items under $1000 37.50% 829 155 253 158 99 62 39 24 15 9 6 10Please note asset pool year one is caluclatedusing 18.75 % rate. - Smoke detectors 330 - Television antenna 499Low value pool items under $300 100.00% 945 945 0 0 0 0 0 0 0 0 0 0

Common AreaLight fittings 40.00% 3,149 1,260 756 453 272 163 98 59 35 21 13 19Lifts 6.67% 10,850 724 675 630 588 549 512 478 446 417 389 5,441Carpet 25.00% 1,868 467 350 263 197 148 111 83 62 47 35 105Air conditioning 13.34% 5,521 737 638 553 479 415 360 312 270 234 203 1,319Fire services 16.67% 6,686 1,115 929 774 645 537 448 373 311 259 216 1,079Low value pool items under $300 100.00% 180 180 0 0 0 0 0 0 0 0 0 0Asset pool items under $1000 37.50% 802Please note asset pool year one is caluclatedusing 18.75 % rate. - Auto door motors 435 - Security system 367

TOTAL DEPRECIATION ITEMS 54,386 9,841 7,076 5,669 4,599 3,771 3,120 2,601 2,183 1,843 1,564 11,317

Capital Building Write Off 2.50% 320,553 8,014 8,014 8,014 8,014 8,014 8,014 8,014 8,014 8,014 8,014 240,419Kitchen Joinery 2.50% 8,775 219 219 219 219 219 219 219 219 219 219 6,581Capital Building Write Off - Common area 2.50% 43,136 1,078 1,078 1,078 1,078 1,078 1,078 1,078 1,078 1,078 1,078 32,357

TOTAL CAPITAL BUILDING WRITE OFF 372,464 9,311 9,311 9,311 9,311 9,311 9,311 9,311 9,311 9,311 9,311 279,357

TOTAL DEPRECIATION ITEMS 9,841 7,076 5,669 4,599 3,771 3,120 2,601 2,183 1,843 1,564TOTAL CAPITAL BUILDING WRITE OFF 9,311 9,311 9,311 9,311 9,311 9,311 9,311 9,311 9,311 9,311

Yearly Totals 19,152 16,387 14,980 13,910 13,082 12,431 11,912 11,494 11,154 10,875

Total Cumulative write-off Over the First 10 years $135,378

Note; This is an indicative schedule only with depreciable plant and the 2.5% special building write-off based on proposed construction cost.

Depreciation has been assessed adopting rates on the diminishing value basis in line with current ruling TR18/2000, and federal budget 10/5/2006, not to be used for preparation of tax returns.

Just DepreciationA Division of Rob Pritchard & Associates Pty Ltd

A.C.N. 107 577 748 A.B.N.83 957 303 432

12/0439

PH: 1300 364 683




DEPRECIATION IN YEAR NOMINATED RESIDUALOne bedroom, one bathroom & car park Depreciation Installed


1 2 3 4 5 6 7 8 9 10

Carpet/vinyl floor coverings 20.00% 1,470 294 235 188 151 120 96 77 62 49 39 158Floating timber floor 13.34% 3,500 467 405 351 304 263 228 198 171 149 129 836Stoves - whitegoods etc 16.67% 5,114 853 710 592 493 411 343 285 238 198 165 826Dishwasher 20.00% 2,050 410 328 262 210 168 134 107 86 69 55 220Hot water service 16.67% 1,447 241 201 167 140 116 97 81 67 56 47 234Intercom 20.00% 2,475 495 396 317 253 203 162 130 104 83 66 266Air conditioning 20.00% 6,450 1,290 1,032 826 660 528 423 338 271 216 173 693Asset pool items under $1000 37.50% 829 155 253 158 99 62 39 24 15 9 6 10Please note asset pool year one is caluclatedusing 18.75 % rate. - Smoke detectors 330 - Television antenna 499Low value pool items under $300 100.00% 945 945 0 0 0 0 0 0 0 0 0 0

Common AreaLight fittings 40.00% 2,680 1,072 643 386 232 139 83 50 30 18 11 16Lifts 6.67% 9,234 616 575 536 501 467 436 407 380 355 331 4,630Carpet 25.00% 1,590 398 298 224 168 126 94 71 53 40 30 90Air conditioning 13.34% 4,699 627 543 471 408 354 306 266 230 199 173 1,123Fire services 16.67% 5,690 949 790 659 549 457 381 318 265 221 184 919Low value pool items under $300 100.00% 153 153 0 0 0 0 0 0 0 0 0 0Asset pool items under $1000 37.50% 682 128 208 130 81 51 32 20 12 8 5 8Please note asset pool year one is caluclatedusing 18.75 % rate. - Auto door motors 370 - Security system 312


Capital Building Write Off 2.50% 284,455 7,111 7,111 7,111 7,111 7,111 7,111 7,111 7,111 7,111 7,111 213,341Kitchen Joinery 2.50% 7,425 186 186 186 186 186 186 186 186 186 186 5,569Capital Building Write Off - Common area 2.50% 36,712 918 918 918 918 918 918 918 918 918 918 27,538



Yearly Totals 17,307 14,832 13,481 12,463 11,680 11,070 10,586 10,199 9,885 9,629





A.C.N. 107 577 748 A.B.N.83 957 303 432

12/0439

03

PH: 1300 364 683




DEPRECIATION IN YEAR NOMINATED RESIDUALTwo bedrooms, two bathrooms & car park Depreciation Installed


1 2 3 4 5 6 7 8 9 10

Carpet/vinyl floor coverings 20.00% 2,940 588 470 376 301 241 193 154 123 99 79 316Floating timber floor 13.34% 3,500 467 405 351 304 263 228 198 171 149 129 836Stoves - whitegoods etc 16.67% 5,114 853 710 592 493 411 343 285 238 198 165 826Dishwasher 20.00% 2,050 410 328 262 210 168 134 107 86 69 55 220Hot water service 16.67% 1,447 241 201 167 140 116 97 81 67 56 47 234Intercom 20.00% 2,475 495 396 317 253 203 162 130 104 83 66 266Air conditioning 20.00% 6,450 1,290 1,032 826 660 528 423 338 271 216 173 693Asset pool items under $1000 37.50% 829 155 253 158 99 62 39 24 15 9 6 10Please note asset pool year one is caluclatedusing 18.75 % rate. - Smoke detectors 330 - Television antenna 499Low value pool items under $300 100.00% 1,560 1,560 0 0 0 0 0 0 0 0 0 0

Common AreaLight fittings 40.00% 3,658 1,463 878 527 316 190 114 68 41 25 15 22Lifts 6.67% 12,604 841 785 732 683 638 595 556 519 484 452 6,320Carpet 25.00% 2,170 543 407 305 229 172 129 97 72 54 41 122Air conditioning 13.34% 6,414 856 741 643 557 483 418 362 314 272 236 1,532Fire services 16.67% 7,767 1,295 1,079 899 749 624 520 434 361 301 251 1,254Low value pool items under $300 100.00% 209 209 0 0 0 0 0 0 0 0 0 0Asset pool items under $1000 37.50% 931Please note asset pool year one is caluclatedusing 18.75 % rate. - Auto door motors 505 - Security system 426


Capital Building Write Off 2.50% 372,969 9,324 9,324 9,324 9,324 9,324 9,324 9,324 9,324 9,324 9,324 279,726Kitchen Joinery 2.50% 10,800 270 270 270 270 270 270 270 270 270 270 8,100Capital Building Write Off - Common area 2.50% 50,113 1,253 1,253 1,253 1,253 1,253 1,253 1,253 1,253 1,253 1,253 37,584



Yearly Totals 22,112 18,532 17,002 15,842 14,945 14,241 13,681 13,229 12,862 12,561





A.C.N. 107 577 748 A.B.N.83 957 303 432

12/0439

APPENDICE THREE

DEPRECIATION SCHEDULE

9796

THE INFORMATION CONTAINED IN THIS MANUAL IS FOR GENERAL PURPOSES ONLY. IT SHOULD NOT BE RELIED UPON AS A SUBSTITUTE FOR LEGAL, FINANCIAL, REAL ESTATE OR OTHER EXPERT ADVICE.

INTERESTED PARTIES MUST RELY ON THEIR OWN ENQUIRIES AND REFER TO THE CONTRACT OF SALE. THE IMAGES, ARTISTS IMPRESSIONS, PHOTOS AND VIEWS CONTAINED IN THIS MANUAL ARE NOT REPRESENTATIVE

OF ANY APARTMENT. THE INFORMATION IS SUBJECT TO CHANGE AT ANYTIME WITHOUT NOTICE.

PHOTOGRAPHY BY NICOLE ENGLAND

Stratus - Lygon Street, East Brunswick Development

Documents

Transcript of Stratus - Lygon Street, East Brunswick Development