Amity, Narangba NPIR by Bill Nikolouzakis

AMITY NARANGBA QLD

NYKO PROJECT INFORMATION REPORT Important Information This report may incorporate information and research from third party sources. While every care has been taken to gather this information from sources Nyko Property deems reliable, Nyko Property makes no statements, representations or warranties and cannot guarantee its accuracy or completeness. The information in this report is given in summary form and does not purport to be complete. Interested persons should rely on their own enquiries with respect to all information in this report. Nyko Property cannot accept responsibility for any errors, including those caused by the negligence of third parties in the material. This report may contain assumptions and forward-looking statements including but not limited to statements regarding Nyko Propertyâ&#x20AC;&#x2122;s beliefs, current expectations with respect to the real property market conditions, demand for property and rental projections as at the date of this report. Readers are cautioned not to place undue reliance on these forward-looking statements. Forecasts and hypothetical examples are based on input values and assumptions contained in the example. These hypothetical examples are subject to uncertainty and contingencies outside Nyko Propertyâ&#x20AC;&#x2122;s control. Nyko Property does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. Before making any decision, Nyko Property recommends that you consult your own financial, investment and legal advice. To the fullest extent possible under the law, Nyko Property disclaims all liability for any loss or damage arising in connection with all of the information contained in this publication. April 2018

NYKO PROPERTY PROJECT INFORMATION REPORTS Nyko Property is a leading real property research advisory firm with a focus on quality investment properties. Our approach to our research methodology is that we identify key growth areas through in-depth research of the planning policies of state and local authorities together with market trends. In our opinion, our depth of research and independent reports should provide confidence that all recommendations are in the client’s best interests. All properties we source are brand new and include significant depreciation benefits and stamp duty savings that materially enhance the investment return. Nyko Property has enjoyed great success pairing quality property with educated purchasers. All research presented to our clients is supported by independent reports from leading valuers. The extensive research and referenced data produced in the Nyko Project Information Report is complimented by the 3 independent reports which confirm the most important factors when investing in property. 1) Fair Market value – with valuer general comparable sales 2) Rental Return Estimation – a current rental appraisal from an experienced local agent 3) Tax Benefits – with an accompanying indicative tax depreciation schedule

AMITY NYKO PROJECT INFORMATION REPORT

SECTION 1. 2.

PROJECT SUMMARY LOCATION

THIRD PARTY VALIDATION Nyko Propertyâ&#x20AC;&#x2122;s Third

CORELOGIC RP DATA SUBURB STATISTICS REPORT

FLOOR PLANS

SPECIFICATIONS LIST

Party Validation is made up of independent reports from the experts in their fields to qualify the project for the three

ASSOCIATED FEES

main investment factors:

PROPERTY INVESTMENT CASH FLOW ANALYSIS

1. Value 2. Yield

3 PARTY VALIDATION 8.

RENTAL APPRAISALS*

INDICATIVE TAX DEPRECIATION SCHEDULE *

10.

VALUATION*

* THIRD PARTY VALIDATION REPORTS

3. Tax

PROJECT SUMMARY

PROJECT SUMMARY THE DEVELOPMENT Estate

Amity

Address

Narangba QLD

Type

House & Land

Number for sale

Rolling availability

THE HOUSES House mix

4 Bedrooms

FURTHER INFORMATION Local council

Moreton Bay Regional Council

Zoning (reference)

General Residential

Heritage status

N/A

Deposit

10% Land + 5% Build

Compound Annual Growth Rate (Houses)

4.1%

Proposed rental yield

5.06% - 5.51%

Vacancy Rate

2.7%

PROXIMITIES * Distance from CBD

31km

Direction from CBD

North

Neighbouring suburbs

Kurwongban, Dakabin, Burpengary, Deception Bay, North Lakes

TRANSPORT * Train & Bus

1.25km to Narangba Train station and bus interchange

SHOPS * Supermarkets & Shopping Centre

Westfield North Lakes and Surrounding Retail Precinct Burpengary Plaza Narangba Valley Shopping Complex Narangba Village

SCHOOLS * Childcare

Kids Capers Childcare North Lakes Sesame Lane Care & Kindergarden Goodstart Early Learning North Lakes

Primary & Secondary

Jinibara State School Narangba State School Narangba Valley State School St Benedictâ&#x20AC;&#x2122;s Catholic Primary School North Lakes State College Narangba Valley State High School Arethusa College Deception Bay Campus Northpine Christian College Dakabin State High School North Lakes State College The Lakes College

Tertiary

Australian Catholic University â&#x20AC;&#x201C; Brisbane

MEDICAL * General Practitioners & Hospitals

*Referenced from Whereis.com All distances by road travel

Caboolture Hospital Redcliffe Hospital North Lakes Day Hospital

BUILDER PROFILE

At Pointcorp, we understand the importance and commitment to you, our client to creating not just a home, but a place where you will truly enjoy where you live. Pointcorp assembles all the fundamental elements of design, quality, value and style to deliver you more than your home, but a place that drives inspiration. Architectually designed homes will surpass your expectation of style and sophistication. Pointcorp turns its back on the mundane and creates tomorrowâ&#x20AC;&#x2122;s way of living, today.

We have never lost sight of the fact that the essence of our business is for you, to achieve the style you want within the budget youâ&#x20AC;&#x2122;ve got and giving you the value you deserve all within our unique service proposition. We understand our capablities and we work within them to guarantee the start, completion and build time of all our homes. Our guaranteed build time frame ensures we have the right amount of staff, trades and supplier resources to ensure your home is built on time and budget so you can plan your life and avoid costly delays.

THE POINTCORP STANDARD

Pointcorp Homes

STRUCTURAL GUARANTEE

ON TIME BUILD

ESSENTIAL CARE

Every Pointcorp home is backed by our 7 year structural guarantee. A commitment to quality excellence is demonstrated in the quality of architectural design, materials, finishes and workmanship.

Every Pointcorp Home is guaranteed from commencement date to be completed within the relative time frame.

At Pointcorp we choose only to use quality materials and trusted trades people to build your home. By combining our knowledge and industry experience we are able to deliver projects that appeal to owneroccupiers and investors alike.

Pointcorp Homes

THE POINTCORP QUALITY Pointcorp brings together a harmonious mixture of design, function and quality to provide a superior finish. Accompanied with European class appliances, the kitchens are a mixture of elegant design, modern function and quality. Each home has quality finishes throughout to add warmth and a luxurious feel alongside the raw materials prominent throughout the building design. At Pointcorp we choose only to use quality materials and trusted trades people to build your home. By combining our knowledge and industry experience we are able to deliver projects that appeal to owner occupiers and investors a like.

Pointcorp Homes

THE POINTCORP DIFFERENCE

A DYNAMIC & HIGHLY EXPERIENCED TEAM

A PROVEN TRACK RECORD OF SETTING NEW STANDARDS. Over the past 16 years, we have built an enviable reputation, for securing premium locations and transforming them into highly sought-after residential communities and commercial properties that have set a new benchmark in the South East Queensland market.

Pointcorp Homes

CHRIS VITALE

PAUL GEDOUN

DIRECTOR

As a Director of Pointcorp Development and with over 16 years’ experience in residential property development, finance and sales, Chris is responsible for the group’s site acquisition, pre feasibility, project finance and project marketing activities.

With more than 18 years’ experience in the construction and development industry, Paul is a founding Director of Pointcorp and has responsibility for the group’s site acquisition, planning, construction, design and delivery activities.

PROJECTS

HIGHGATE

AMITY

Highgate Hill

Narangba

THE MAXWELL

MAGNUS

New Farm

Kangaroo Point

BLOOM

Coomera

VIDA

FABRIC

Teneriffe

SPRINGBANK

West End

Townsville Pointcorp Homes

POINTCORP QUALITY ASSURED Your home will forever be a representation of our service and work ethics, construction quality, designer craftsmanship and impeccable finishes. We pride ourselves on a stringent Quality Assurance process that is in place to ensure that each and every one of our completed homes are constructed to the highest building standard. We take great pride in delivering Quality Builds.

10 Pointcorp Homes

With the support from our suppliers we are determined to offer a timely and efficient building process without compromising on our superior quality and craftsmanship. This promise is acknowledged through our home designs, our seamless build process, and is consistently upheld throughout our homes, guarantees, service and product.

Pointcorp Homes

LOCATION

SUNSHINE COAST 40 MINS BRIBIE ISLAND 30 MINS

Burpengary Plaza

LO C ATI O N

It’s all at your feet. •

Narangba United Football Club

Narangba Valley State High School

New Settlement

Arethusa College Deception Bay Cmapus

y ke

a angb Nar

Callagh a

n Rd

d Old Gympie R

IGA BAKERY Narangba Station

COFFEE SHOP VET EARLY LEARNING CENTRE

Narangba State School

ck Ma

ie R

NARANGBA

Redcliﬀe Airport

Narangba Community Centre

TRAIN 39 MINS TO CENTRAL STATION ↘

Bounty Boulevard State School

Bou n

Redcliﬀe Peninsula

H ce Br u

CHEMIST

Narangba Village

GYM

ar y

POST OFFICE

Bo un d

RESTAURANTS MEDICAL CENTRE

MORETON BAY

NARANGBA INNOVATION PRECINCT

Jinibara State School

R gary

Fla t

r da

igh

North Lakes Resort Golf Club

y wa

Ol d

Gy m p am

ond

J ubilee W ay

Dakabin State High School

The Lakes College

Pine Rivers Golf Course

Lakelands Medical Centre

REDCLIFFE

Rothwell Station

Av e

d Dakabin Station

za c

ie Rd

n gb

NORTH LAKES

Northpine Christian College

Redcliﬀe Hospital

Kippa-Ring Station

Nara

DAKABIN

Lakeside Raceway

Mango Hill East Station

Narangba Innovation Precinct

St. Benedict’s Catholic Primary School

ympie Rd

Kallangur State School Mango Hill Station

O ld G

Pine Rivers Rowing Club

Naran gb aR

North Lakes State College

PETRIE MILL PRIORITY DEVELOPMENT AREA

•

Only moments away, you have easy access to transport and arterial roads, the best retail has to oﬀer, cafes and restaurants, education and health facilities. Be closer to work, study and lifestyle amenity whilst enjoying all the benefits of living in a beautifully designed home.

Freshwater National Park

n Burpe

e nt R

•

everything you could ever need.

Narangba Valley Shopping Complex

w Settlem Ne

•

Already well established, Narangba has

UNIVERSITY OF THE SUNSHINE COAST CAMPUS

Hays Inlet Conservation Park

Murrumba Downs Station

(UNDER CONSTRUCTION) Kallangur station Station

Old Petrie Town Petrie Station The Mill Priority Development Area

No. 12

BRISBANE 35 MINS

No. 13

Suttons Beach Park

GREEN CORRIDOR

NARANGBA INNOVATION PRECINCT

PROPOSED FUTURE NARANGBA TOWN CENTRA

FUTURE RETAIL CENTRE

PROPOSED CATHOLIC SCHOOL

NARANGBA TRAIN STATION

STOCKLAND STONERIDGE

• NARANGBA VILLAGE

REDCLIFFE

MORETON BAY

NORTH LAKES

BRISBANE AIRPORT

DAKABIN STATE SCHOOL

LAKE KURWONGBAH

BRISBANE CBD

•

Existing connectivity to the CBD, airport and Sunshine Coast

SUNSHINE COAST 40 MINS UNIVERSITY OF THE SUNSHINE COAST

Positioned for growth.

MT COOT-THA

positions Narangba as one of the most central suburbs in Queensland for work, life balance.

Recent and future investment into local infrastructure totaling $1.9 billion will see this region soar even more in the coming years. This includes significant improvement to the connectivity to Brisbane CBD and surrounding areas with new interchange roads, rail lines and train stations, including the recent $26 million upgrade of Narangba Station. In addition are the brand new world class shopping and community precincts, Caboolture Hospital upgrade and specialist medical centre. The $100 million development of the University of the Sunshine Coast Petrie Campus will be built by 2020 and provide education to approximately 10,000 students by 2030.

DAKABIN STATE HIGH SCHOOL

CB NORTH COAST RAIL LINE CALL AGHA N ROAD

SH N SU T AS CO

AD RO RY GA

Infrastructure WESTFIELD NORTH LAKES – STAGE 3 AND IKEA ($230 MILLION – COMPLETED)

UNIVERSITY OF SUNSHINE COAST PETRIE CAMPUS ($100 MILLION – PLANNED)

Positioned with direct access to the M1 Motorway, Westfield North Lakes serves a trade area population of close to 360,000 people, with a total spending capacity over $4 billion. Stages one and two have been driven by major anchor retailers. The $230 million third stage includes the development of an Ikea retailer, with linked specialty mall (100+ specialty stores), Kmart and 8-screen Event Cinema. This stage recently opened in November 2016.

The University of Sunshine Coast has been selected to develop a new university campus located at the old paper mill in Petrie. The new university will cater for up to 10,000 students in the first10 years and deliver up to 2,500 ongoing employment opportunities. The campus is expected to open in 2020 and oﬀer more than 30 courses, including law, business, science and engineering.

COSTCO NORTHLAKES (COMPLETED)

CABOOLTURE HOSPITAL UPGRADE ($17 MILLION – COMPLETED)

Opening in 2014, Costco North Lakes is Queensland’s first Costco store oﬀering more than 13,700 sq.m of retail floorspace.

BOUNDARY ROAD INTERCHANGE UPGRADE ($100.4 MILLION – COMPELETD) The Department of Transport and Main Roads has upgraded the existing Boundary Road interchange on the Bruce Highway at Narangba. The interchange upgrade opened in April 2017 and includes a new 6-lane bridge over the highway, longer on and oﬀ ramps, and a new shared user path. This upgrade significantly reduces travel times between North Lakes and Narangba.

REDCLIFFE PENINSULA LINE ($1.147 BILLION – COMPLETED) The Redcliﬀe Peninsula Line is a new 12 km heavy rail passenger link between Petrie and Kippa-Ring. The rail line delivers more than 650 train services a week between Kippa-Ring and Brisbane, with trains operating every six to 12 minutes during peak hours, and every 30 minutes in oﬀ-peak periods.

THE MILL AT MORETON BAY Declared a priority development area for Queensland, The Mill at Moreton Bay covers an area of 460 hectares and was bought by Moreton Bay Council for $50.5 million. The primary purpose of the land is to facilitate development of the University of the Sunshine Coast campus, and fast track delivery of transit oriented development in the existing Petrie town centre.

The Caboolture Hospital has recently completed an expansion to provide a new 32-bed adult inpatient ward, boosting the number of inpatient beds to 265. A further expansion to the emergency department has been announced, set to provide fourteen new treatment spaces, four consultation rooms and one treatment room; almost doubling the current ED capacity.

CORSO NORTH LAKES ($45 MILLION – COMPLETED)

E D U C AT I O N

Local schools Nerangba Number of schools

4 4,688

Total number of students

First opened in 2014, Corso North Lakes is a community and commercial complex. It includes a 1,000 sq.m community centre, a library and three levels of commercial oﬃce space.

NORTH LAKES SPECIALIST MEDICAL CENTRE ($20 MILLION – COMPLETED) The North Lakes Specialist Medical Centre opened its doors in July 2016. The centre comprises specialist and ancillary medical services with a focus on Preventive Cardiology and Metabolic Disease.

LAGUNA NORTH LAKES ($250 MILLION – PLANNED) In joint venture between Pointcorp and The George Group, Laguna is a 1.7 hectare mixed use development planned in the heart of North Lakes. Laguna will feature lifestyle, retail, oﬃce space, hospitality, a lagoon precinct and a hotel.

Local schools Surrounding suburbs Number of schools

22 18,111

Total number of students

CORELOGIC RP DATA SUBURB STATISTICS REPORT

Nyko Property Suite 109, 12 Cato Street, HAWTHORN EAST VIC 3123 AUS Ph: +61(03)98043343 Fax: +61(03)80805943 Email: catherinen@nykoproperty.com.au

Suburb Statistics Report

Prepared on 27 Apr 2018 Bill Nikolouzakis Mob: 0421731783 Email: info@nykoproperty.com.au

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Nyko Property Suite 109, 12 Cato Street, HAWTHORN EAST VIC 3123 AUS Ph: +61(03)98043343 Fax: +61(03)80805943 Email: catherinen@nykoproperty.com.au

Area Profile The size of Narangba is approximately 43.3 square kilometres. It has 61 parks covering nearly 3.7% of total area. The population of Narangba in 2011 was 16,223 people. By 2016 the population was 18,584 showing a population growth of 14.6% in the area during that time. The predominant age group in Narangba is 10-19 years. Households in Narangba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narangba work in a trades occupation. In 2011, 76.9% of the homes in Narangba were owner-occupied compared with 73.9% in 2016. Currently the median sales price of houses in the area is $470,500.

Median Sales Price

Period January February March April May June July August September October November December

Year 2014 Median Price $427,500 $431,000 $430,000 $430,000 $430,000 $430,000 $430,000 $430,000 $430,500 $438,000 $441,250 $440,250

Year 2015 Median Price $440,000 $440,000 $440,000 $440,000 $445,000 $445,000 $445,000 $450,000 $450,000 $445,000 $445,000 $450,000

Year 2016 Median Price $451,000 $451,500 $450,000 $450,000 $451,000 $451,500 $450,500 $450,000 $454,000 $451,000 $450,500 $450,000

Year 2017 Median Price $450,000 $450,500 $458,000 $460,000 $470,000 $470,000 $467,000 $465,047 $465,047 $468,500 $470,000 $471,500

Year 2018 Median Price $470,500 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a

Statistics are calculated over a rolling 12 month period

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Median Sales Price

Median Sales Price vs Number Sold

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Recent Median Sale Prices Recent Median Sale Prices (House) Narangba Median Price

January 2018 December 2017 November 2017 October 2017 September 2017 August 2017 July 2017

$470,500 $471,500 $470,000 $468,500 $465,047 $465,047 $467,000

Moreton Bay Regional Median Price $454,500 $455,000 $455,000 $455,000 $453,750 $450,000 $450,000

June 2017 May 2017 April 2017 March 2017 February 2017

$470,000 $470,000 $460,000 $458,000 $450,500

$450,000 $449,000 $447,100 $445,000 $445,000

Period

Statistics are calculated over a rolling 12 month period

Recent Median Sale Prices (House)

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Recent Median Sale Prices (Unit) Narangba Median Price

January 2018 December 2017 November 2017 October 2017 September 2017 August 2017 July 2017 June 2017 May 2017

$340,000 n/a $307,500 $310,000 $305,000 $312,500 $312,500 n/a $312,500

Moreton Bay Regional Median Price $342,900 $342,900 $345,000 $345,000 $347,900 $350,000 $350,000 $349,975 $350,000

April 2017 March 2017 February 2017

n/a $330,000 $330,000

$350,000 $350,900 $351,900

Period

Statistics are calculated over a rolling 12 month period

Recent Median Sale Prices (Unit)

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Recent Median Sale Prices (Land) Narangba Median Price

January 2018 December 2017 November 2017 October 2017 September 2017 August 2017 July 2017 June 2017 May 2017

$238,750 $239,000 $239,750 $239,150 $239,300 $238,900 $237,600 $237,100 $236,850

Moreton Bay Regional Median Price $253,000 $253,300 $255,000 $256,000 $255,000 $256,900 $256,900 $255,000 $255,000

April 2017 March 2017 February 2017

$235,900 $236,850 $236,400

$256,000 $255,000 $256,000

Period

Statistics are calculated over a rolling 12 month period

Recent Median Sale Prices (Land)

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Change in Median Price Change in Median Price (House) Narangba % Change

Period

Moreton Bay Regional % Change

Dec 2017 Dec 2016 Dec 2015 Dec 2014 Dec 2013 Dec 2012 Dec 2011

4.78% 0% 2.21% 1.21% 4.82% 3.75% -7.5%

3.41% 3.29% 3.4% 3.26% 3.64% -0.52% -6.75%

Dec 2010 Dec 2009 Dec 2008

-0.36% 2.12% 11.84%

5.06% 2.6% 8.45% Statistics are calculated over a rolling 12 month period

Change in Median Price (House)

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Change in Median Price (Unit) Narangba % Change

Period

Moreton Bay Regional % Change

Apr 2014 Apr 2013 Apr 2012 Apr 2011 Apr 2010 Apr 2009 Apr 2008 Apr 2007 Apr 2006

-3.6% 1.09% 0% 0% 0% 0% 0% 0% 0%

4.7% -3.05% 0.02% -2.93% 3% 8.2% 8.54% 0% 0%

Apr 2005

0% Statistics are calculated over a rolling 12 month period

Change in Median Price (Unit)

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Change in Median Price (Land) Narangba % Change

Period

Moreton Bay Regional % Change

Dec 2017 Dec 2016 Dec 2015 Dec 2014 Dec 2013 Dec 2012 Dec 2011 Dec 2010 Dec 2009

2.18% 8.79% 4.79% 1.57% 2.07% -2.75% -11.52% -1.25% 11.2%

-0.67% 5.81% 8.07% 5.19% 0.95% 1.45% 0% -0.24% -1.19%

Dec 2008

17.67%

14.13% Statistics are calculated over a rolling 12 month period

Change in Median Price (Land)

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Household Household Structure

Type Couples with Children Childless Couples Single Parents Other

Percent 55.8 28.9 14.7 0.6 Statistics are provided by the Australian Bureau of Statistics (ABS)

Household Structure

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Household Occupancy

Type Purchaser Renting Owns Outright Not Stated Other

Percent 55.2 24.2 18.7 1.5 0.3 Statistics are provided by the Australian Bureau of Statistics (ABS)

Household Occupancy

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Age Sex Ratio Age Sex Ratio Narangba Age Group

Male %

Female %

0-9 10-19 20-29 30-39 40-49 50-59 60-69

8.9 9.0 5.6 6.4 8.3 5.5 3.5

8.6 8.9 5.9 7.9 8.7 5.4 3.6

7.2 6.8 5.9 6.1 6.9 6.1 5.2

70-79 80-89 90-99 100+

1.6 0.3 0.1 n/a

1.4 0.4 0.1 n/a

3.3 1.2 0.2 0.0

Moreton Bay Regional Male % Female % 6.8 6.5 6.0 6.7 7.3 6.5 5.7 3.5 1.6 0.4 0.0

Statistics are provided by the Australian Bureau of Statistics (ABS)

Age Sex Ratio

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Household Income Household Income

Income Range 0-15.6K 15.6-33.8K 33.8-52K 52-78K 78-130K 130-182K 182K+

Narangba % 2.0 6.4 10.0 15.4 30.1 16.7 9.6

Moreton Bay Regional % 3.0 13.5 15.0 16.5 23.8 11.2 7.5

Statistics are provided by the Australian Bureau of Statistics (ABS)

Household Income

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Disclaimer Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication. Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 2018. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws.

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FLOOR PLANS

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KITCHEN linen

ENTRY

PORCH

ALFRESCO

BED 2

robe

L'DRY WC

ENS

BATH

W.I.P.

BED 1

GARAGE

M O LO N GA

M O LO N G A

WIL

BED 2

robe robe

2.5

WIR BED 1

ENS

BED 4

BATH

STUDY 1

robe

SITTING 2

BED 3

FIRST FLOOR

DINING

ALFRESCO

DINING

FAMILY FAMILY ENTRY ENTRY GARAGE

L'DRY

GARAGE

L'DRY

KITCHEN

GROUND FLOOR

ALFRESCO

POR POR

KITCHEN

ROSELLA

ROSELLA 4

BED 3

BED 2

robe

study

ALFRESCO

DINING

BED 1

W.I.R.

ENS

MEDIA

FAMILY

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ENTRY

robe

BED 4

GARAGE

KITCHEN linen

BATH L'DRY

robe

S E A J AY

S E A JAY 4

ALFRESCO

FAMILY

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LOUNGE

BED 3

robe robe

BED 4

linen

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linen

W.I.R.

KITCHEN

BED 2

robe

L'DRY WC

ENS

BATH

W.I.P.

BED 1

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BED 2 robe

BED 1

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linen

BED 3

BED 4

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FLOOR PLAN A

FLOOR PLAN B

ALFRESCO

WC GARAGE L'DRY

robe robe

KITCHEN 1

ENS

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FAMILY ENTRY 2

STUDY 4

SONNY

DINING KITCHEN BED 3

BED 4

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FLOOR PLAN A

FLOOR PLAN B

ALFRESCO

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robe robe

BED 2 robe

BED 1

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ENTRY 2

PORCH

FAMILY STUDY 4

W I L DWO O D

W I L DWO O D 4

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robe

KITCHEN

BED 3 robe

BED 4

ENTRY

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ALFRESCO

BED 1

W.I.R. ENS WC BATH

BED 2

L'DRY GARAGE

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linen

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BED 1

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BED 4

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robe robe

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BED 2

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BED 3

BED 4

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A B BY

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GARAGE

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LANDSCAPING

FAMILY

linen study desk

ALFRESCO

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BED 2

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BED 3

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robe

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L'DRY

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2.5

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WC DINING

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linen study desk

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linen study desk

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BED 3

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M I YA

SPECIFICATIONS

Pointcorp Homes

SPECIFICATION

SITE ADDRESS: [Lot “Bloom Estate”] OWNER’S NAME/S:

Level 1, 50 Park Road, Milton, Q 4064 ABN 28 600 780 952 QBCC 1282630

INTERPRETATION In this specification, except where the context otherwise requires, “Builders Range” means all building materials, fittings, fixtures and finishes generally used in the builders homes and described as standard on the inclusions list.

GENERAL Any item chosen by the owner outside the builder’s range shall involve a variation in costs. Unless otherwise specified, the works shall be constructed in accordance with the National Construction Code Australia. It is accepted that any discrepancy between the plans and specifications will be over ruled by the specification.

DIMENSIONS All dimensions as shown on the plans are approximate only. Internal dimensions shall be taken between wall studs (or internal brickwork) where applicable.

LABOUR & MATERIALS SUPPLIED BY OWNERS Generally no owner supplied items will be allowed. The owner can only supply labour if the owner is a QBCC registered tradesperson or holds an appropriate license with an ABN and supplies all necessary insurance policies and submits an approved workplace health & safety plan and further agrees to comply with Pointcorp Homes building schedule and quality levels. The owner will be paid for the work at the standard Pointcorp Homes rates and all requests will be subjected to approval by the building manager prior to acceptance.

MATERIAL SUBSTITUTION Should any item or materials to be used in the execution of the works, and which are subjected to selection by the owner, not be available for delivery for a period, which in the opinion of the builder will cause unwarranted delay, then the owners agree that the builder shall select other readily available items or materials of a similar standard which shall be used in substitution. In other words the builder reserves the right to proceed with an alternative but recognized standard brand of materials of his choice, similar to those included in the original pricing.

OWNER’S INITIALS

BUILDER’S INITIALS

Page | 1 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

VARIATIONS OF COLOUR Due to peculiarities within certain manufacturing processes, colour variations in building materials and finishes may occur from time to time. The builder therefore does not accept responsibility for any such colour variation provided always that the supplied items or materials are of the brand name, colour or description selected by the owner.

MISCELLANEOUS In construction one half of one percent tolerance is acceptable in all measurements whether plumb, level, square or straight.

PRELIMINARIES ▪

All surplus materials, excluding excavated materials remain the property of the builder.

▪

The building site is to be provided by the owner clear of any obstruction to building operations, including removal of trees (inclusive of roots), shrubs and long grass where necessary.

▪

Builder to pay QBCC insurance, portable long service leave (Q-Leave) and construction insurance.

▪

The builder will comply with the statutory obligations, notices and local authority approvals.

▪

The builder is to pay all fees with reference to the building approval including all connection fees where applicable, excludes Telstra or NBN.

▪

The owner must pay all application fees and/or security deposits required by Energex, Telstra, water utilities or the gas corporation if applicable.

▪

Builder to organise working drawings, soil and engineering plans.

▪

Builder to organise BERS (or similar approve rating system) energy efficiency assessment to achieve a minimum of 6 Star rating as required by legislation.

▪

Site Signage – mandatory builders site signage as required by legislation to be provided by the Builder.

OWNER’S INITIALS

BUILDER’S INITIALS

Page | 2 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

SITE WORKS

10.

11.

▪

The site will be excavated/filled (as per drawings) to the approximate levels indicated on the plan.

▪

Silt fence, rumble pad included, as required by Local Council legislation.

▪

If client is providing the land for the build, if rock, rock floaters, tree root balls or other obstacles are encountered whilst excavating the site, foundations, drains or trenches, then any work associated with their removal, and /or making good the site, and/or repairing levels, and/or compaction of platform levels, and /or forming of trenches, and/or supplying excess concrete to support footings, slabs or drains, etc will be an extra to the contract and will be charged as a variation to the contract.

▪

Excavated material is to spread over site, or where spreading is not practical, removed from site.

CONCRETOR ▪

Physical termite protection barrier to be termite collars to all slab penetrations and fully approved termite barrier to perimeter if applicable.

▪

Membrane barrier under slab on minimum 50mm sand or other suitable subgrade.

▪

Prepare and pour house slab and finish using a mechanical float.

▪

Concrete work for footings and slab design certified by a registered engineer. Construct footing & slab as per plan and engineers report.

▪

The owner acknowledges that shrinkage cracking in the slab is almost inevitable but does not necessarily represent failure or affect structural integrity.

DRAINS, STORMWATER AND SEWERAGE ▪

Provide sewerage to local authority requirements.

▪

Provide discharge of stormwater to kerb and channel or to existing storm water as indicated on plans.

▪

Vent pipes as required by Plumbing Code of Australia.

OWNER’S INITIALS

BUILDER’S INITIALS

Page | 3 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

12.

13.

BRICKLAYER ▪

Provide brickwork as per plan in accordance with AS3700. Bricks from Builders Standard Range (where applicable) as per plan.

▪

Face brick type and colour to be as nominated in the colour selection schedule. If external finish is to be an applied texture, method of construction to be at the builder’s discretion (where applicable) as per plan.

▪

Mortar colour to be natural (no colour additives included) unless nominated otherwise (where applicable) as per plan. Joints to face brickwork to be tooled finish (ironed) unless nominated otherwise.

▪

Window sills to be brick on edge for face brick and formed sills for texture finish, unless nominated otherwise (where applicable) as per plan.

▪

Approved flashings to be provided to all external openings as required (where applicable) as per plan.

FRAMING ▪

The building practice, timber/steel member sizes, tie down, bracing and other design information shall conform to all codes and standards.

▪

Timber framing to be generally MGP10 to MGP12 graded kiln dried pine. Lintels and wall frames to be as per manufacturers engineered design that must comply with AS1684-1999 Timber Framing Code (where applicable).

▪

Framing member sizes to be sized appropriately.

▪

Roof framing to be generally timber trusses to manufacturer’s specification.

▪

Wall Frame height to be nominal 2590mm to upper and lower storey unless nominated otherwise on working drawings.

▪

Where applicable floor joists or floor trusses to be in accordance with the manufacturer’s specifications.

▪

Where applicable internal floors to be particle board /fibre cement structural sheet fixed in accordance with manufacturers specifications.

OWNER’S INITIALS

BUILDER’S INITIALS

Page | 4 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

14.

15.

16.

17.

▪

Where applicable external decking to be timber shot decking over exterior grade floor joists, as nominated on working drawings. Painted and or sealed at Builders discretion.

▪

Builders’ reflective foil paper wrap to all external framed walls.

▪

The builder reserves the right to adjust framing sizes in accordance with National Construction Code Australia and manufacturer’s recommendation.

EXTERNAL CLADDING ▪

Architecturally designed facades utilising a combination of building materials.

▪

Builder may elect to substitute, face and finish rendered bricks to a rendered, masonry material external façade. Front Facades will remain largely unchanged.

ROOF COVERING/FLASHING ▪

Sheet metal as indicated on working drawings to be fixed in accordance with manufacturer’s specification. Colour and profile to be as per selection, selected from Builders Range.

▪

Flashings and reflective foil paper to be provided as required as indicated on plan.

▪

Temporary downpipes included, as required by Local Council legislation.

FASCIA / GUTTER ▪

Fascia and barge to be powder coated metal. Colour to be selected from Builder’s Range.

▪

Gutter to be powder coated metal with quad profile 115mm. Colour to be selected from the Builder’s Range.

DOWNPIPES ▪

18.

EAVES SOFFITS LININGS ▪

19.

Downpipes to be minimum 90mm round PVC unless specified otherwise.

To be 4.5mm fibre cement, vented where required.

INTERNAL WALL AND CEILING LININGS ▪

OWNER’S INITIALS

Bathroom and ensuite wall linings to be 6mm Fibre Cement or similar.

BUILDER’S INITIALS

Page | 5 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

20.

21.

22.

23.

▪

All other wall linings to be 10mm plasterboard.

▪

Moisture resistant board behind laundry tub.

▪

All ceiling linings are to be 10mm plasterboard unless otherwise specified on plan.

▪

Cornices to be as per Builder’s Range – generally 90mm plain cove.

MOULDINGS ▪

Architraves to be 42mm x 11mm paint grade (i.e. Paint finish only) finger jointed pine Builders Splayed Profile.

▪

Skirtings to be 68mm x 11mm paint grade (i.e. Paint finish only) finger jointed pine Builders Splayed Profile.

▪

Internal door frames to be paint grade timber unless otherwise nominated. External door frames to be painted timber unless otherwise nominated.

HANDRAILS & BALUSTRADING ▪

Internal balustrade to be paint grade (i.e. Paint finish only). Powder coated vertical square metal balustrade with painted timber capping handrail (if applicable).

▪

External balustrade, if applicable, to be power coated aluminium 50mm handrail with 12mm round balusters and 40mm bottom rail.

STAIRCASE ▪

Internal staircase steps and risers are to be cover grade material except for staircases comprising less than 4 risers. These will be constructed with materials chosen at builder’s discretion. Unless noted otherwise in the inclusions.

▪

Internal staircase is to be closed housed, that is with treads and rises with carpet.

▪

External staircase and stairs to garage area to be as indicated on working drawings if required.

WINDOWS AND DOORS ▪

OWNER’S INITIALS

Aluminium windows and doors, as indicated on plans, to be powder coated colours as selected from builder’s range. Colour to be nominated in colour selection schedule. Glazing to be as per plans and in accordance with the BUILDER’S INITIALS

Page | 6 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

relevant Australian Standard Code. Window supplier to be at builder’s discretion. Windows to have key locks and sliding doors to have a key lock heavy duty handle.

24.

▪

All bathrooms, ensuites and WC’s to be obscure unless otherwise nominated.

▪

Aluminium framed (colour match to windows) flyscreens with fiberglass mesh to all opening windows and sliding doors only.

▪

Painted Timber door to main entrance door with 5 translucent glazed inserts where applicable.

▪

Other external timber doors to be exterior quality pre-primed flush panel solid tempered hardboard unless otherwise nominated.

▪

Main entrance door to have tri-lock lever handle with single cylinder deadlock and rear garage door to have double cylinder deadlock and passage knob set.

▪

Internal doors to be flush panel. Any glazing to internal doors is not included as standard. All internal doors except wet areas will have an approximate bottom clearance of 35mm. Hinges to be chrome finish.

▪

Cavity sliding door and face of wall sliding doors to be flush panel mounted on standard sliding track and installed to manufacturer’s specification with flush mounted finger pulls.

▪

Doors that swing within a 1.2m radius and towards a WC will be fitted with lift off hinges required by the National Construction Code Australia.

▪

Internal door furniture to be lever design with satin chrome finish. The height of the door furniture is approximately 1 meter above the floor.

▪

Provide privacy locks to bathroom, ensuite, powder room, WC.

▪

Garage door to be powder coated panel lift, automatically operated, as indicated on working drawings, complete with two (2) remote handsets and one (1) wall switch unless otherwise nominated.

BUILT-IN CUPBOARDS – GENERALLY ▪

Linen cupboards as per plan with aluminium framed sliding vinyl door/s and four (4) white melamine shelves.

▪

Broom cupboard (where applicable) as per plan with nominated hardboard or similar doors and single white melamine shelf.

OWNER’S INITIALS

BUILDER’S INITIALS

Page | 7 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

25.

26.

▪

Pantry cupboard as per plan.

▪

Bedroom wardrobe as per plan with aluminium framed sliding mirror door/s and single white melamine shelf with full length hanging rail.

CABINETMAKER – KITCHEN AND VANITIES ▪

Floor, Island, Overhead and Pantry cabinets, as per plan.

▪

Cabinets constructed as per plan entirely from HMR white melamine board with Masonite backing.

▪

Breakfast bar, if included, as shown on working drawings. Overhead cupboards as nominated on plan.

▪

Door, draw faces, cabinet ends and side panels are to be laminated square edge. Includes one (1) bank of 4 draws.

▪

Overhead cupboards to 2340 high.

▪

Kitchen benchtops to be 40mm engineered stone generally 600mm wide (800mm to island breakfast benchtop). Colour selection from Builders Range, and nominated on colour selection.

▪

Vanity cabinet bench tops 40mm engineered stone benchtop.

▪

Vanity cabinets constructed as per plan entirely from HMR white melamine board with Masonite board backing.

▪

Kickboard or plinth base to be HMR particle board.

▪

Hardware: All door hinges to be fully concealed.

▪

Bi-fold doors to have full 180 degree clip on hinges.

▪

Handles/knobs – builder’s range.

WATERPROOFING ▪

27.

▪

Waterproofing as per Australian Standards to all wet areas.

PLUMBING ▪

OWNER’S INITIALS

Provide cold water supply from local authority reticulated water supplies, (note – all hot and cold water services to be piped in high density polyethylene).

BUILDER’S INITIALS

Page | 8 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

▪

Provide gas instantaneous gas hot water service as per standard inclusion list and connect to all fittings and outlets, including dishwasher provision. Provide water tempering valves as required to comply with plumbing code.

▪

Fixture wastes and traps to be PVC.

▪

Floor wastes to be provided to all Bathrooms and Ensuites.

▪

Provide 2 external brass hose taps. Locations as per plan.

▪

Where applicable, the builder will supply from builders range:-

▪

28.

▪

Kitchen sink – drop in 1 ¾ bowl stainless steel sink with single drainer and tap hole.

▪

Laundry tub - 45 ltr stainless steel tub with white metal cabinet.

▪

WC suite - close coupled white vitreous china with soft closed seat.

▪

Vanity Basins - white vitreous china semi-inset rectangular Basin with tap hole.

▪

Bath - acrylic bath as nominated on plan.

Chrome gooseneck mixer to Kitchen sink, chrome mixer to Laundry tub, chrome lever mixer to basins, chrome hand shower on rail, chrome toilet roll holders & chrome double towel rails.

GAS (IF APPLICABLE) ▪

OWNER’S INITIALS

Connection and installation of gas service if required, connection to gas main and meters, does not form part of this contract refer annexure.

BUILDER’S INITIALS

Page | 9 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

29.

ELECTRICAL ▪

Provide wiring to all lights, switches and general purpose power outlets.

▪

NBN pre-wire is included for internal to house. Draw cable accessible to external of house for NBN connection. Does not include connection from external of house or any service provider work/fees.

▪

Appliances: ▪

Blanco 60cm stainless steel Wall oven / 60cm Blanco Stainless Steel Gas Cooktop – from Builders Range.

▪

Blanco 60cm Slide Out Front Reticulated Range Hood – from Builders Range.

▪

Blanco 60cm Stainless Steel Dishwasher – from Builders Range.

The installation costs of electrical appliances other than the abovementioned, which may require special fixtures or fittings do not form part of this contract and will be charged to the owner as a variation. ▪

OWNER’S INITIALS

Electrical outlet and lighting as per drawings, including TV points with TV antenna from Builders Range. ▪

Ceiling fans to bedrooms and living area, including ceiling fan to patio.

▪

Lights (energy efficient) to entire house: ▪

1 external spot light point.

▪

Garage to be fitted with a double fluorescent light fitting

▪

kitchen to be fitted with two (3) white LED downlights

▪

Internal stairs (where applicable) to be fitted with a wall mounted light.

▪

(4) white LED downlights to Main Bedroom and Living with all other rooms (2) white LED downlights per room

▪

2 light/fan/heater to ensuite and bathroom in vicinity to shower cubicles where direct vertical access to the roof space can be provided.

BUILDER’S INITIALS

Page | 10 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

▪

30.

General power outlets throughout entire house: ▪

No allowance for any GPO’s to front entry, stairwells and WC’s.

▪

(2) Double power outlets to Bed rooms, (3) to Main Bedroom, (3) to Kitchen, (1) to all other rooms with allowance for one external double general power outlet to Alfresco,

▪

single ceiling mounted GPO to garage ceiling for garage door

▪

Single power outlets only allowed for rangehood, microwave space and dishwasher provision

▪

Telephone points: 1 X kitchen, 1 X main bed & 1 X study where applicable.

▪

TV Antenna points: generally 2 allowed for 1 X main bed, 1 X family room. Where applicable (high set house) 1 X additional TV Antenna outlet to living area.

▪

TV antenna: allowance for one on roof.

▪

Air-conditioning Units: 1 X 2.5kw unit to Main Bedroom & 1 X 7.1kw unit to Family/Dining Area

▪

Smoke detectors installed and located as per National Construction Code Australia requirements.

FLOORING (CERAMIC TILES & CARPET) ▪

Carpet: 100% polypropylene pattern loop pile carpet on Dunlop Residential Foam. ▪

▪

Areas to be carpet are: Bedrooms and robes Areas to be tiled are: ▪

Living Areas/Lounge/Media if applicable

▪

Floors - Bathroom / Ensuites.

▪

Floors - WC’s.

▪

Floors – Laundry

Tiles are non-rectified ceramic tiles selected from Builders Range. Walls: note - actual heights may vary with tile size selected. Generally:

OWNER’S INITIALS

▪

1900mm high around showers (approximately).

▪

600mm high around bath (approximately). BUILDER’S INITIALS

Page | 11 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

▪

400mm high splash back to laundry tub (approximately).

▪

Kitchen splashback to the underside of overhead cupboards, one full tile high to end of kitchen bench abutting a wall.

Grouting: ▪

Walls – white

▪

Floors – cement grey

Kickboards are not tiled as a standard.

SHOWER SCREENS As per plan – semi-frameless aluminium pivot door (standard height) glass to be clear toughened.

MIRRORS frameless – to suit length of vanity top – 900mm height (approximately).

TOILET ROLL HOLDER & TOWEL RAIL ▪

34.

150mm approximately skirting tile to laundry floor, Bathroom and WC

▪

33.

▪

Tile patterns: standard tiling only is allowed for, i.e. floor and wall tiling generally to be square and parallel to the floor and walls. Shower Floor tiles may be laid diagonally to assist with required fall to waste.

▪

32.

200mm high above vanity (approximately).

▪

31.

▪

Chrome Toilet roll holder, towel rings provided where wall mounted hand basin in WC and double towel rails to be positioned at the builder’s discretion.

PAINTER ▪

OWNER’S INITIALS

Areas to be painted are: ▪

all internal and external surfaces (except pre-finished products eg, face brick and roofing), to be painted in accordance with the colour schedule supplied by the builder.

▪

internal (all internal walls except face bricks), ceiling surfaces, doors, mouldings and balustrades to be painted in accordance with the colour schedule supplied by the builder. No feature walls are nominated in standard specification.

BUILDER’S INITIALS

Page | 12 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

▪

General painting specifications: ▪

▪

35.

▪

Soffits/fc sheeting – 3 coats.

▪

Timber pergolas 3 coats.

▪

External timber doors & frames – 1 coat primer, 1 undercoat, and 1 coat gloss.

Internal: ▪

Walls – (one colour throughout) 3 coats low sheen.

▪

Ceilings and cornice – (one colour throughout) 3 coats ceiling paint.

▪

Doors – (one colour throughout) 1 coat primer, 1 coat undercoat, 1 coat gloss.

▪

Painted woodwork (one colour throughout) 1 coat primer, 1 coat undercoat, 1 coat gloss.

▪

Clear grade exposed timber – 2 coats (if applicable) – sikkens clear or similar.

Painted textured finishes to be applied direct to appropriate substrate to the manufacturer’s specifications. The colour and finish is to be in accordance with the colour schedule signed off by the owner in the selection schedule, or as nominated by Builder.

Removal of all product stickers from all installed items. Thorough internal builders clean including all glass, mirrors, carpets, tiles and window tracks.

WINDOW FURNISHINGS ▪

38.

Galvanized metal – 2 coats finish, 1 coat primer.

INTERNAL BUILDER CLEAN ▪

37.

▪

PAINTED TEXTURED FINISH (WHERE APPLICABLE) ▪

36.

External:

Roller blinds to all windows except wet areas and stairwells. Vertical blinds to sliding glass doors.

EXTERNAL PATHS AND DRIVEWAY ▪

Exposed aggregate concrete driveway and paths as indicated on working drawings. Crossover to local council specifications. All control joints to driveways and paths in accordance with Engineers details. (The owner acknowledges that

OWNER’S INITIALS

BUILDER’S INITIALS

Page | 13 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

shrinkage cracking in the external concrete work is almost inevitable but does not necessarily represent failure) ▪

39.

40.

Vehicle crossover and associated permits, removal of kerb or other council requirements, are by builder.

FENCING ▪

1800 mm pine butted paling (unpainted) fencing to rear and side boundaries as indicated on Landscaping Plan.

▪

Single access gate to side of the house to be powder coated horizontal battens as indicated on Landscaping Plan.

LANDSCAPING ▪

Garden beds to front yard as indicated on Landscaping Plan (no provision for any planting behind the front fence): ▪ ▪

41.

▪

“A” Grade Turf with top soil to back garden and the wide side as indicated on the Landscaping Plan.

▪

Riverrock to the depth of 75mm to one side of house (due to tightness of site it may require Riverrock to both sides of house), with exposed aggregate from the laundry door to the washing line and from the letterbox to the front porch we will be installing stepping stones (exposed aggregate in conjunction with the driveway) or an exposed aggregate entry path. Exposed aggregate Driveway with path to Porch.

CLOTHESLINE ▪

42.

One mature tree (100L) for each home. Planting shall be hedge style gardens along the sides and front in varying styles and configurations.

Wall mounted fold-a-line clothesline as indicated on plan. Standard colour from Builders Range

LETTERBOX ▪

Custom Letterbox. Builder to choose position and colour. From Builders Range.

OWNER’S INITIALS

BUILDER’S INITIALS

Page | 14 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

DISCLAIMER ▪

Builder reserves the right to use equivalent products with regards to the fixtures and fittings.

▪

Builder reserves the right to make minor changes to the under slab drainage compliant with Building Codes without prior consultation with clients

▪

Builder reserves the right to make minor changes to step downs to suit block survey and land contours.

▪

Builder reserves the right to choose the colour selections, taking into account the street scape and other colours in for the area or to suit covenants.

▪

Builder reserves the right to change suppliers, alter plans, brands and specifications without notice in whole or part.

▪

Photos or graphics in advertising and marketing brochures are indicative only.

▪

Please note that this Specification Document is a generic specification, and covers (but not limited to) designs for lowset, highset, auxiliary housing and pole homes.

SPECIFICATIONS ACKNOWLEGEMENT Owner’s Signature:

Owner’s Signature:

Builders’ Signature:

OWNER’S INITIALS

BUILDER’S INITIALS

Date:

Page | 15 JOB ADDRESS Lot [], [Bloom Estate] [Coomera]

POINTCORP HOMES, Level 1, 50 Park Road, Milton QLD 4064 ABN 28 600 780 952, QBCC 1282630

ASSOCIATED FEES

ESTIMATES OF ASSOCIATED FEES 'Amity' Narangba QLD

Lot

Stamp Duty Payable Stamp Duty Payable Stamp Duty Payable Estate Maintenance (FOH) (Local Investor) (Overseas Investor) Fee (p/a)

Council Rates Estimate (p/a)

Water Rates Estimate (p/a)

Terrace Home (1 part Contract)

$362

$13,458

$25,398

$520

$1,600

$800

Example mid $400k 4 Bedroom (2 part Contract)

$505

$6,699

$13,360

$520

$1,600

$800

Example low $500k 4 Bedroom (2 part Contract)

$888

$8,063

$15,788

$520

$1,600

$800

Disclaimer: Please note that the above, and enclosed information is subject to change at any time. At the time of preparation every care was taken to ensure this information was correct. This document does not form part of a Contract of Sale and should be used for informative purposes only. You should always peruse a Contract of Sale thoroughly before signing, to verify all pertinent facts prior to entering into a Contract of Sale.

Stamp Duty estimate derived from http://stampduty.calculatorsaustralia.com.au/

PROPERTY INVESTMENT CASH FLOW ANALYSIS

PROPERTY INVESTMENT ANALYSIS 'Amity' Narangba QLD Example A - Terrace Home

Income

Positive Cashflow Per Week (Year 1)

$80,000

+ $69

$100,000

+ $78

$150,000

+ $85

$250,000

+ $116

Example B - 4 Bed, 2 Bath, 2 Car House Purchase Price $462,852

Income

Positive Cashflow Per Week (Year 1)

$80,000

+ $63

$100,000

+ $72

$150,000

+ $81

$250,000

+ $117

Example B - 4 Bed, 2 Bath, 2 Car House Purchase Price $523,419

Income

Positive Cashflow Per Week (Year 1)

$80,000

+ $84

$100,000

+ $92

$150,000

+ $102

$250,000

+ $141

Disclaimer: Note that computer projections listed above simply illustrate the outcome calculated from the input values and the assumptions contained in the model. Hence the figures can be varied as required and are in no way intended to be a guarantee of the future performance. Although the information is provided in good faith, it is also given on the basis that no person using the information, in whole or in part, shall have any claim against this company its servants, employees or consultants.

Nyko Property - Melbourne Amity, Narangba QLD Terrace Home

03-May-2018

Prepared for: Consultant: Property: Amity, Narangba QLD Description: Terrace Home SUMMARY Assumptions Property value Initial investment Gross rental yield Net rental yield Cap. growth rate Inflation rate Interest rate Taxable income

Projected results over Property value Equity After-tax return /yr Net present value IF SOLD Selling costs & CGT Equity After-tax return /yr

$398,000 $0 5.51% 4.09% 6.00% 3.00% 4.75% $80,000

10 yrs $712,757 $293,864 N/A% $255,282 $99,286 $194,578 N/A%

COMPUTER PROJECTIONS Investment Analysis End of year Property value Purchase costs Investments Loan amount Equity Capital growth rate Inflation rate (CPI) Gross rent /week Cash deductions Interest (I/O) Rental expenses Pre-tax cash flow Non-cash deductions Deprec.of building Deprec.of fittings Loan costs Holding costs Total deductions Tax credit (single) After-tax cash flow Rate of return (IRR) Pre-tax equivalent

2018 $398,000 $14,458 $0 $418,893 $-20,893 6.00% 3.00% $430

1yr 421,880

Projections over 10 years 2yr 3yr 5yr 447,193 474,024 532,614

10yr 712,757

418,893 2,987 6.00% 3.00% 21,913

418,893 28,300 6.00% 3.00% 23,008

418,893 55,131 6.00% 3.00% 24,159

418,893 113,721 6.00% 3.00% 26,635

418,893 293,864 6.00% 3.00% 33,994

4.75% 25.12% $0

19,897 5,617 -3,602

19,897 5,786 -2,675

19,897 5,959 -1,698

19,897 6,322 415

19,897 7,329 6,767

2.50% $0 $500 $5,935

5,614 5,289 100 5,935 42,452 7,194 3,592

5,614 5,421 100

5,614 3,920 100

5,614 2,516 100

5,614 443

36,818 35,490 34,449 4,764 3,910 2,833 2,089 2,212 3,248 Your income /(cost) per week 40 43 62

33,283 -277 6,490

$80,000 $0 N/A N/A

125

Disclaimer: Note that the computer projections listed above simply illustrate the outcome calculated from the input values and the assumptions contained in the model. Hence the figures can be varied as required and are in no way intended to be a guarantee of future performance. Although the information is provided in good faith, it is also given on the basis that no person using the information, in whole or in part, shall have any claim against Nyko Property - Melbourne, its servants, employees or consultants. This information is intended as general advice only and does not take account of individual needs or financial circumstances. Intending purchasers should do their own assessment or consult a licensed investment adviser. .

Page 2 Detailed Notes on Spreadsheet Items PROPERTY VALUE The property (or market) value refers to how much the property is worth (i.e. how much you could sell it for). Its book value, on the other hand, refers to how much you have paid for it plus the cost of any immediate renovations. Property price: Renovation costs: Total book value: Property market value:

398,000 0 398,000 $398,000

PURCHASE COSTS These include your solicitor's conveyancing fees and, where applicable, State Government stamp duty and transfer of title fees. In Australia, stamp duty and transfer of title fees vary from State to State and are a function of purchase price whereas, in New Zealand, stamp duty has been abolished on all property transfers since May 1999. Conveyancing costs may also be dependent on purchase price and may be negotiable. In some States of Australia (e.g. A.C.T.), purchase costs are tax deductible in the first year of the investment, though normally they will only be taken into account in Capital Gains Tax calculations in the year of sale.

Conveyancing costs: Stamp duty: Total Purchase costs:

1,000 13,458 $14,458

INVESTMENT & LOAN Your initial investment is usually just the total of all monies outlayed at the time of purchase. These may include contributions toward any, or all, of the costs listed below. The remainder will largely determine the size of the loan. If you have sufficient equity in other property, it is possible to outlay nothing, and actually borrow the lot (i.e. the purchase price, purchase costs, loan costs, any renovation costs, and even additional monies to cover such things as fittings). If you are modelling an investment from some point in time after purchase (e.g. to assess the return on major renovations), your investment might also include the equity you already have built up in the property.

Property costs: Renovation costs: Purchase costs: Furniture costs: Holding costs: Loan costs: Totals:

Investments 0 0 0 0 0 0 $0

Loan 398,000 0 14,458 0 5,935 500 $418,893

Total Cost 398,000 0 14,458 0 5,935 500 $418,893

CAPITAL GROWTH & INFLATION RATES Rate of capital growth is your anticipated annual compound rate of increase of the property value. It will undoubtedly vary substantially over the short term, but over the longer term (10 years or more), it has generally been about 2 to 3% above the rate of inflation. Average rate of inflation (%): Average rate of capital growth (%):

3.00 6.00

Page 3 EQUITY The equity is the difference between the property value and the loan. The equity increases in line with the increasing property value in the case of an interest-only loan. For a principal & interest loan, it also increases with the decrease in the debt. Projected values over Property value Loan EQUITY

5 yrs 532,614 418,893 $113,721

10 yrs 712,757 418,893 $293,864

15 yrs 953,830 418,893 $534,937

20 yrs 1.276m 418,893 $857,547

29,724 2,663 12,444 $68,891

79,315 3,564 16,407 $194,578

143,057 4,769 21,710 $365,400

225,812 6,382 28,808 $596,545

Approximate costs if sold...... Capital Gains Tax Solicitor's fees Sales commission EQUITY (after sale) INTEREST COSTS & TYPE OF LOAN

The type of loan can be either interest-only and/or principal & interest. Repayments for interest-only loans, as the title suggests, consist of interest only. Repayments for principal & interest loans include a component of the principal. Interest-only loans are usually of a shorter term (e.g. 3 to 5 years) at which time they are usually rolled-over.

Loan type: Interest rate (yr 1) (%) Loan: Loan costs (written off over 5 yrs): Monthly payment: Annual payment:

I/O Yrs 1-40 4.75 $418,893 $500 $1,658 $19,897

RENT The potential annual rent is simply the rent per week times 52. The actual annual rent must account for any period that the property is vacant. Annual rents are assumed to increase in line with inflation.

Rent per week: Potential annual rent: Vacancy rate (%): Actual annual rent:

430 22,360 2.00 $21,913

ANNUAL RENTAL EXPENSES These are all the real operating costs associated with the investment property with the exception of loan interest payments. The first cell of the spreadsheet represents the expenses expressed as a percentage of the potential annual rent. As a guide, expenses could vary anywhere from 13% to 30%, depending on the maintenance and whether a professional property management agent is used. For holiday letting, with higher vacancies, the percentage can be more than 50%.

Normal Expenses: Agent's commission (7.70%): Letting fees: Rates: Insurance: Maintenance: Special expenses: Total expenses: Normal expenses as % of annual rent (%): Net yield or Capitalisation rate (%):

1,687 430 2,400 600 500 0 $5,617 25.12 4.09

Page 4 PRE-TAX CASH FLOW These are all of the monies that flow out of your pocket before tax is taken into account. Normally, it would represent the gross annual rent less interest and rental expenses. This will vary if interest or expenses are capitalised or rents used directly to reduce the loan. Year Rent Cash invested Principal payments Interest Expenses Pre-tax cash flow

1yr 21,913 0 0 19,897 5,617 $-3,602

2yr 23,008 0 0 19,897 5,786 $-2,675

3yr 24,159 0 0 19,897 5,959 $-1,698

5yr 26,635 0 0 19,897 6,322 $415

10yr 33,994 0 0 19,897 7,329 $6,767

DEPRECIATION ON THE BUILDING This represents the capital allowance on the construction costs. Property value: Construction costs: Depreciation allowance rate (%): Depreciation allowance:

$398,000 $224,543 2.50 $5,614

DEPRECIATION OF FITTINGS (annual claim) Total value of fittings: Total depreciation in first year:

$0 $5,289

LOAN COSTS In Australia, the loan costs are written off over the term of the loan (or five years, whichever is the lesser). Other loan costs: Total loan costs:

500 $500

TOTAL TAX DEDUCTIONS (Cash & Non-Cash Deductions) These include both "cash" (e.g. interest, rental expenses) and "non-cash" (e.g. depreciation) deductions. Year Interest Expenses Deprec.-building Deprec.-fittings Loan costs Holding costs Total deductions

1yr 19,897 5,617 5,614 5,289 100 5,935 $42,452

2yr 19,897 5,786 5,614 5,421 100

3yr 19,897 5,959 5,614 3,920 100

5yr 19,897 6,322 5,614 2,516 100

10yr 19,897 7,329 5,614 443 0

$36,818

$35,490

$34,449

$33,283

TAX CREDITS & AFTER-TAX CASH FLOW The after-tax cash flows are all of the monies that flow in or out of your pocket AFTER tax is taken into account. They represent the PRE-tax cash flow LESS any tax credits (or tax refunds). In this analysis, it is assumed that the investor has obtained a tax variation from the Taxation Office and thus the tax refunds are credited for the same year in which they are based.

Year Pre-tax cash flow Tax credits After-tax cash Income /(cost) per week

2018 0 0

1yr -3,602 7,194 3,592 69

2yr -2,675 4,764 2,089 40

3yr -1,698 3,910 2,212 43

5yr 415 2,833 3,248 62

10yr 6,767 -277 6,490 125

Page 5 INTERNAL RATE OF RETURN The internal rate of return (IRR) is the method of calculating the return on a series of cash flows where the time factor is taken into account. To understand it, think of the money you are outlaying on your investment property as being deposited in a bank account, with interest added each year. In this case the "deposits" are represented by the after-tax cash flows

Year After-tax cash flow Equity

2018 $0

1yr $3,592

2yr $2,089

3yr $2,212

5yr $3,248

10yr $6,490 $293,864

The total amount in your "account" (including interest) at the end of the period is the equity ($293,864) in the investment property. The IRR (N/A%) represents the effective "interest rate" that you have received, but with one important difference - because the interest remains in the property, it is not taxed. To receive an equivalent return from bank interest, you need to get N/A% before tax. If the property were to be sold at the end of the period, the after-sale equity would be reduced to $194,578 after taking account of selling costs and capital gains tax and the IRR after the sale would be N/A%. TAX BENEFITS These are shown below for the given taxable incomes and are based on the specified tax scale.

Number of properties: 1

Current taxable income: Rental income: Total income: Rental deductions: New taxable income:

Investor 80,000 21,913 101,913 42,452 59,460

Current tax (on 80,000): New tax (on 59,460): Tax saving:

19,147 11,953 7,194

Total tax credits:

$7,194

Page 6

Terrace Home Who pays the cost (1st year)?

75% Tenant

25% Taxman

Projections over 25 years Year

1yr 2yr 3yr 4yr 5yr 6yr 7yr 8yr 9yr 10yr 11yr 12yr 13yr 14yr 15yr 16yr 17yr 18yr 19yr 20yr 21yr 22yr 23yr 24yr 25yr

Principal payments $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Interest costs

Rental expenses

Total cost

Rent (tenant)

Tax credit (taxman)

$19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897 $19,897

$5,617 $5,786 $5,959 $6,138 $6,322 $6,512 $6,707 $6,909 $7,116 $7,329 $7,549 $7,776 $8,009 $8,249 $8,497 $8,752 $9,014 $9,285 $9,563 $9,850 $10,145 $10,450 $10,763 $11,086 $11,419

$25,515 $25,683 $25,857 $26,036 $26,220 $26,409 $26,605 $26,806 $27,013 $27,227 $27,447 $27,673 $27,906 $28,147 $28,394 $28,649 $28,912 $29,182 $29,460 $29,747 $30,043 $30,347 $30,661 $30,984 $31,316

$21,913 $23,008 $24,159 $25,367 $26,635 $27,967 $29,365 $30,834 $32,375 $33,994 $35,694 $37,478 $39,352 $41,320 $43,386 $45,555 $47,833 $50,225 $52,736 $55,373 $58,141 $61,048 $64,101 $67,306 $70,671

$7,194 $4,764 $3,910 $3,348 $2,833 $2,464 $1,700 $1,061 $375 $-277 $-1,027 $-1,635 $-2,274 $-2,949 $-3,657 $-4,404 $-5,190 $-6,017 $-6,888 $-7,805 $-8,769 $-9,784 $-10,942 $-12,664 $-14,468

Cash (you) $-3,592 $-2,089 $-2,212 $-2,679 $-3,248 $-4,022 $-4,460 $-5,089 $-5,737 $-6,490 $-7,220 $-8,170 $-9,172 $-10,224 $-11,335 $-12,502 $-13,731 $-15,026 $-16,387 $-17,820 $-19,329 $-20,917 $-22,498 $-23,658 $-24,887

Page 7

Terrace Home

(%)

Who pays the costs (10 years)

100.00 90.00 80.00 70.00 60.00 50.00 40.00 30.00 20.00 10.00 0.00 0

Year from purchase Tenant (91%) Taxman (9%) You (0%)

Average contribution (10 years)

91% Tenant 9% Taxman

Page 8

Terrace Home ($) 2.000m

Investment Property Value & Debt

1.500m

1.000m

500,000

0 0

Year from purchase Value

Debt

Property value & debt projections over 25 years Year

Growth rate

1yr 2yr 3yr 4yr 5yr 6yr 7yr 8yr 9yr 10yr 11yr 12yr 13yr 14yr 15yr 16yr 17yr 18yr 19yr 20yr 21yr 22yr 23yr 24yr 25yr

6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00%

Property value $398,000 $421,880 $447,193 $474,024 $502,466 $532,614 $564,571 $598,445 $634,352 $672,413 $712,757 $755,523 $800,854 $848,905 $899,840 $953,830 $1.011m $1.072m $1.136m $1.204m $1.276m $1.353m $1.434m $1.520m $1.611m $1.708m

Amount owing $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893 $418,893

Equity $-20,893 $2,987 $28,300 $55,131 $83,573 $113,721 $145,677 $179,552 $215,458 $253,520 $293,864 $336,630 $381,961 $430,012 $480,947 $534,937 $592,167 $652,830 $717,134 $785,295 $857,547 $934,133 $1.015m $1.101m $1.193m $1.289m

Page 9

Terrace Home $/week 800

Average Projected Weekly Cash Flow & Equity Growth

600 400 200 0 -200 -400 -600 Cash in

Cash out

Cash net

Investment Cash Flow

Property

Loan

Equity

Investment Growth

Comparison of projected weekly investment cash flows and growth rates (10 years) In simple terms, this report compares what you put in to the investment with what you might expect to get out. The net after-tax cash flow represents your cash contribution to the investment while the growth in equity represents your increase in net wealth as a result of that investment. For ease of understanding, these figures are presented as weekly averages over the projected period specified (10 years), but will therefore be dependent on the assumptions made in relation to capital growth, inflation and interest rates over that period..

The net after-tax cash flow is the difference between the cash you receive (or save) as a result of the investment (rental income and tax credits) and the cash you pay out (any lump sum cash outlay, principal loan payments, loan interest payments and rental expenses). If any of these items are internalised in the investment loan, they will not appear in the cash flow but will instead impact on the amount owing in the loan. The growth in equity over the projected period will reflect the changes in property value and the loan over the same time frame. In the simple case of an interest-only loan, the loan amount will stay constant and the growth in equity will be the same as the growth in property value. In the current example, the average net after-tax cash flow is $76 per week while the average equity growth is $605 per week. INVESTMENT CASH FLOW Cash In Rental income Tax credits Total Cash Out Cash outlays Principal payments Interest payments Rental expenses Total Net After-Tax Cash Flow

Total (10 years) 275,617 27,372 302,989

Average (per week)

583

0 0 198,974 64,396 263,370

506

39,619

Page 10 INVESTMENT GROWTH

Property value Loan amount Equity

Initial

10 yrs

Change

398,000 418,893 -20,893

712,757 418,893 293,864

314,757 0 314,757

Average (per week) 605 0 605

Nyko Property - Melbourne Amity, Narangba QLD 4 Bed, 2 Bath, 2 Car House & Land - Price $462,852

03-May-2018

Prepared for: Consultant: Property: Amity, Narangba QLD Description: 4 Bed, 2 Bath, 2 Car House & Land - Price $462,852 SUMMARY Assumptions Property value Investment Gross yield Net yield Growth rate Inflation rate Interest rate Taxable income

$462,852 $0 5.06% 3.82% 6.00% 3.00% 4.75% $80,000

Projected results over Property value Equity After-tax return /yr Net present value IF SOLD Selling costs & CGT Equity After-tax return /yr

10 yrs $828,897 $350,783 N/A% $293,635 $115,968 $234,815 N/A%

2018 $462,852 $7,699 $0 $478,114 $-15,262 6.00% 3.00% $460

1yr 490,623

Projections over 10 years 2yr 3yr 5yr 520,061 551,264 619,400

10yr 828,897

478,114 12,509 6.00% 3.00% 23,442

478,114 41,946 6.00% 3.00% 24,614

478,114 73,150 6.00% 3.00% 25,844

478,114 141,286 6.00% 3.00% 28,493

478,114 350,783 6.00% 3.00% 36,366

4.75% 24.10% $0

22,710 5,765 -5,034

22,710 5,938 -4,035

22,710 6,116 -2,982

22,710 6,489 -706

22,710 7,522 6,133

2.50% $0 $500 $7,063

5,865 5,628 100 7,063 47,131 8,328 3,294

5,865 5,451 100

5,865 3,947 100

5,865 2,539 100

5,865 453

40,064 38,738 37,703 5,330 4,449 3,314 1,295 1,467 2,608 Your income /(cost) per week 25 28 50

36,550 72 6,205

$80,000 $0 N/A N/A

119

462,852 0 462,852 $462,852

Conveyancing costs: Stamp duty: Total Purchase costs:

1,000 6,699 $7,699

Property costs: Renovation costs: Purchase costs: Furniture costs: Holding costs: Loan costs: Totals:

Investments 0 0 0 0 0 0 $0

Loan 462,852 0 7,699 0 7,063 500 $478,114

Total Cost 462,852 0 7,699 0 7,063 500 $478,114

3.00 6.00

5 yrs 619,400 478,114 $141,286

10 yrs 828,897 478,114 $350,783

15 yrs 1.109m 478,114 $631,138

20 yrs 1.484m 478,114 $1.006m

35,131 3,097 14,353 $88,706

92,862 4,144 18,962 $234,815

165,932 5,546 25,130 $434,530

261,065 7,422 33,383 $704,444

Approximate costs if sold...... Capital Gains Tax Solicitor's fees Sales commission EQUITY (after sale) INTEREST COSTS & TYPE OF LOAN

Loan type: Interest rate (yr 1) (%) Loan: Loan costs (written off over 5 yrs): Monthly payment: Annual payment:

I/O Yrs 1-40 4.75 $478,114 $500 $1,893 $22,710

Rent per week: Potential annual rent: Vacancy rate (%): Actual annual rent:

460 23,920 2.00 $23,442

1,805 460 2,400 600 500 0 $5,765 24.10 3.82

1yr 23,442 0 0 22,710 5,765 $-5,034

2yr 24,614 0 0 22,710 5,938 $-4,035

3yr 25,844 0 0 22,710 6,116 $-2,982

5yr 28,493 0 0 22,710 6,489 $-706

10yr 36,366 0 0 22,710 7,522 $6,133

DEPRECIATION ON THE BUILDING This represents the capital allowance on the construction costs. Property value: Construction costs: Depreciation allowance rate (%): Depreciation allowance:

$462,852 $234,587 2.50 $5,865

DEPRECIATION OF FITTINGS (annual claim) Total value of fittings: Total depreciation in first year:

$0 $5,628

LOAN COSTS In Australia, the loan costs are written off over the term of the loan (or five years, whichever is the lesser). Other loan costs: Total loan costs:

500 $500

1yr 22,710 5,765 5,865 5,628 100 7,063 $47,131

2yr 22,710 5,938 5,865 5,451 100

3yr 22,710 6,116 5,865 3,947 100

5yr 22,710 6,489 5,865 2,539 100

10yr 22,710 7,522 5,865 453 0

$40,064

$38,738

$37,703

$36,550

Year Pre-tax cash flow Tax credits After-tax cash Income /(cost) per week

2018 0 0

1yr -5,034 8,328 3,294 63

2yr -4,035 5,330 1,295 25

3yr -2,982 4,449 1,467 28

5yr -706 3,314 2,608 50

10yr 6,133 72 6,205 119

Year After-tax cash flow Equity

2018 $0

1yr $3,294

2yr $1,295

3yr $1,467

5yr $2,608

10yr $6,205 $350,783

The total amount in your "account" (including interest) at the end of the period is the equity ($350,783) in the investment property. The IRR (N/A%) represents the effective "interest rate" that you have received, but with one important difference - because the interest remains in the property, it is not taxed. To receive an equivalent return from bank interest, you need to get N/A% before tax. If the property were to be sold at the end of the period, the after-sale equity would be reduced to $234,815 after taking account of selling costs and capital gains tax and the IRR after the sale would be N/A%. TAX BENEFITS These are shown below for the given taxable incomes and are based on the specified tax scale.

Number of properties: 1

Current taxable income: Rental income: Total income: Rental deductions: New taxable income:

Investor 80,000 23,442 103,442 47,131 56,310

Current tax (on 80,000): New tax (on 56,310): Tax saving:

19,147 10,819 8,328

Total tax credits:

$8,328

Page 6

4 Bed, 2 Bath, 2 Car House & Land - Price $462,852 Who pays the cost (1st year)?

74% Tenant

26% Taxman

Projections over 25 years Year

1yr 2yr 3yr 4yr 5yr 6yr 7yr 8yr 9yr 10yr 11yr 12yr 13yr 14yr 15yr 16yr 17yr 18yr 19yr 20yr 21yr 22yr 23yr 24yr 25yr

Principal payments $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Interest costs

Rental expenses

Total cost

Rent (tenant)

Tax credit (taxman)

$22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710 $22,710

$5,765 $5,938 $6,116 $6,300 $6,489 $6,683 $6,884 $7,090 $7,303 $7,522 $7,748 $7,980 $8,220 $8,466 $8,720 $8,982 $9,251 $9,529 $9,815 $10,109 $10,412 $10,725 $11,046 $11,378 $11,719

$28,475 $28,648 $28,827 $29,010 $29,199 $29,394 $29,594 $29,801 $30,013 $30,232 $30,458 $30,691 $30,930 $31,177 $31,431 $31,692 $31,962 $32,239 $32,525 $32,819 $33,123 $33,435 $33,757 $34,088 $34,429

$23,442 $24,614 $25,844 $27,137 $28,493 $29,918 $31,414 $32,985 $34,634 $36,366 $38,184 $40,093 $42,098 $44,203 $46,413 $48,733 $51,170 $53,729 $56,415 $59,236 $62,198 $65,307 $68,573 $72,001 $75,602

$8,328 $5,330 $4,449 $3,859 $3,314 $2,914 $2,171 $1,498 $767 $72 $-726 $-1,380 $-2,068 $-2,793 $-3,556 $-4,358 $-5,204 $-6,094 $-7,030 $-8,016 $-9,052 $-10,143 $-11,471 $-13,294 $-15,205

Cash (you) $-3,294 $-1,295 $-1,467 $-1,986 $-2,608 $-3,438 $-3,991 $-4,682 $-5,388 $-6,205 $-7,000 $-8,023 $-9,100 $-10,233 $-11,426 $-12,683 $-14,005 $-15,395 $-16,860 $-18,400 $-20,023 $-21,729 $-23,345 $-24,619 $-25,967

Page 7

4 Bed, 2 Bath, 2 Car House & Land - Price $462,852

(%)

Who pays the costs (10 years)

100.00 90.00 80.00 70.00 60.00 50.00 40.00 30.00 20.00 10.00 0.00 0

Year from purchase Tenant (90%) Taxman (10%) You (0%)

Average contribution (10 years)

90% Tenant

10% Taxman

Page 8

4 Bed, 2 Bath, 2 Car House & Land - Price $462,852 ($) 2.000m

Investment Property Value & Debt

1.500m

1.000m

500,000

0 0

Year from purchase Value

Debt

Property value & debt projections over 25 years Year

Growth rate

1yr 2yr 3yr 4yr 5yr 6yr 7yr 8yr 9yr 10yr 11yr 12yr 13yr 14yr 15yr 16yr 17yr 18yr 19yr 20yr 21yr 22yr 23yr 24yr 25yr

6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00%

Property value $462,852 $490,623 $520,061 $551,264 $584,340 $619,400 $656,564 $695,958 $737,716 $781,979 $828,897 $878,631 $931,349 $987,230 $1.046m $1.109m $1.176m $1.246m $1.321m $1.400m $1.484m $1.573m $1.668m $1.768m $1.874m $1.987m

Amount owing $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114 $478,114

Equity $-15,262 $12,509 $41,946 $73,150 $106,226 $141,286 $178,450 $217,844 $259,602 $303,865 $350,783 $400,517 $453,235 $509,116 $568,350 $631,138 $697,693 $768,241 $843,022 $922,291 $1.006m $1.095m $1.190m $1.290m $1.396m $1.508m

Page 9

4 Bed, 2 Bath, 2 Car House & Land - Price $462,852 $/week 800

Average Projected Weekly Cash Flow & Equity Growth

600 400 200 0 -200 -400 -600 Cash in

Cash out

Cash net

Investment Cash Flow

Property

Loan

Equity

Investment Growth

The net after-tax cash flow is the difference between the cash you receive (or save) as a result of the investment (rental income and tax credits) and the cash you pay out (any lump sum cash outlay, principal loan payments, loan interest payments and rental expenses). If any of these items are internalised in the investment loan, they will not appear in the cash flow but will instead impact on the amount owing in the loan. The growth in equity over the projected period will reflect the changes in property value and the loan over the same time frame. In the simple case of an interest-only loan, the loan amount will stay constant and the growth in equity will be the same as the growth in property value. In the current example, the average net after-tax cash flow is $66 per week while the average equity growth is $704 per week. INVESTMENT CASH FLOW Cash In Rental income Tax credits Total Cash Out Cash outlays Principal payments Interest payments Rental expenses Total Net After-Tax Cash Flow

Total (10 years) 294,846 32,702 327,548

Average (per week)

630

0 0 227,104 66,089 293,194

564

34,354

Page 10 INVESTMENT GROWTH

Property value Loan amount Equity

Initial

10 yrs

Change

462,852 478,114 -15,262

828,897 478,114 350,783

366,045 0 366,045

Average (per week) 704 0 704

Nyko Property - Melbourne Amity, Narangba QLD 4 Bed, 2 Bath, 2 Car House & Land - Price $523,419

03-May-2018

Prepared for: Consultant: Property: Amity, Narangba QLD Description: 4 Bed, 2 Bath, 2 Car House & Land - Price $523,419 SUMMARY Assumptions Property value Investment Gross yield Net yield Growth rate Inflation rate Interest rate Taxable income

$523,419 $0 5.21% 4.04% 6.00% 3.00% 4.75% $80,000

Projected results over Property value Equity After-tax return /yr Net present value IF SOLD Selling costs & CGT Equity After-tax return /yr

10 yrs $937,364 $396,338 N/A% $338,711 $131,517 $264,821 N/A%

2018 $523,419 $9,063 $0 $541,026 $-17,607 6.00% 3.00% $535

1yr 554,824

Projections over 10 years 2yr 3yr 5yr 588,114 623,400 700,453

10yr 937,364

541,026 13,799 6.00% 3.00% 27,264

541,026 47,088 6.00% 3.00% 28,627

541,026 82,375 6.00% 3.00% 30,058

541,026 159,427 6.00% 3.00% 33,139

541,026 396,338 6.00% 3.00% 42,295

4.75% 22.05% $0

25,699 6,134 -4,569

25,699 6,318 -3,390

25,699 6,508 -2,148

25,699 6,904 536

25,699 8,004 8,592

2.50% $0 $500 $8,044

6,627 6,031 100 8,044 52,634 8,933 4,364

6,627 5,916 100

6,627 4,270 100

6,627 2,703 100

6,627 546

44,660 43,203 42,033 5,536 4,535 3,205 2,146 2,387 3,741 Your income /(cost) per week 41 46 72

40,875 -554 8,038

$80,000 $0 N/A N/A

155

523,419 0 523,419 $523,419

Conveyancing costs: Stamp duty: Total Purchase costs:

1,000 8,063 $9,063

Property costs: Renovation costs: Purchase costs: Furniture costs: Holding costs: Loan costs: Totals:

Investments 0 0 0 0 0 0 $0

Loan 523,419 0 9,063 0 8,044 500 $541,026

Total Cost 523,419 0 9,063 0 8,044 500 $541,026

3.00 6.00

5 yrs 700,453 541,026 $159,427

10 yrs 937,364 541,026 $396,338

15 yrs 1.254m 541,026 $713,378

20 yrs 1.679m 541,026 $1.138m

Approximate costs if sold...... Capital Gains Tax Solicitor's fees Sales commission EQUITY (after sale)

39,747 3,502 16,136 $100,042

105,482 4,687 21,348 $264,821

187,968 6,272 28,323 $490,816

295,383 8,393 37,657 $796,217

INTEREST COSTS & TYPE OF LOAN The type of loan can be either interest-only and/or principal & interest. Repayments for interest-only loans, as the title suggests, consist of interest only. Repayments for principal & interest loans include a component of the principal. Interest-only loans are usually of a shorter term (e.g. 3 to 5 years) at which time they are usually rolled-over.

Loan type: Interest rate (yr 1) (%) Loan: Loan costs (written off over 5 yrs): Monthly payment: Annual payment:

I/O Yrs 1-40 4.75 $541,026 $500 $2,142 $25,699

Rent per week: Potential annual rent: Vacancy rate (%): Actual annual rent:

535 27,820 2.00 $27,264

2,099 535 2,400 600 500 0 $6,134 22.05 4.04

1yr 27,264 0 0 25,699 6,134 $-4,569

2yr 28,627 0 0 25,699 6,318 $-3,390

3yr 30,058 0 0 25,699 6,508 $-2,148

5yr 33,139 0 0 25,699 6,904 $536

10yr 42,295 0 0 25,699 8,004 $8,592

DEPRECIATION ON THE BUILDING This represents the capital allowance on the construction costs. Property value: Construction costs: Depreciation allowance rate (%): Depreciation allowance:

$523,419 $265,069 2.50 $6,627

DEPRECIATION OF FITTINGS (annual claim) Total value of fittings: Total depreciation in first year:

$0 $6,031

LOAN COSTS In Australia, the loan costs are written off over the term of the loan (or five years, whichever is the lesser). Other loan costs: Total loan costs:

500 $500

1yr 25,699 6,134 6,627 6,031 100 8,044 $52,634

2yr 25,699 6,318 6,627 5,916 100

3yr 25,699 6,508 6,627 4,270 100

5yr 25,699 6,904 6,627 2,703 100

10yr 25,699 8,004 6,627 546 0

$44,660

$43,203

$42,033

$40,875

Year Pre-tax cash flow Tax credits After-tax cash Income /(cost) per week

2018 0 0

1yr -4,569 8,933 4,364 84

2yr -3,390 5,536 2,146 41

3yr -2,148 4,535 2,387 46

5yr 536 3,205 3,741 72

10yr 8,592 -554 8,038 155

Year After-tax cash flow Equity

2018 $0

1yr $4,364

2yr $2,146

3yr $2,387

5yr $3,741

10yr $8,038 $396,338

The total amount in your "account" (including interest) at the end of the period is the equity ($396,338) in the investment property. The IRR (N/A%) represents the effective "interest rate" that you have received, but with one important difference - because the interest remains in the property, it is not taxed. To receive an equivalent return from bank interest, you need to get N/A% before tax. If the property were to be sold at the end of the period, the after-sale equity would be reduced to $264,821 after taking account of selling costs and capital gains tax and the IRR after the sale would be N/A%. TAX BENEFITS These are shown below for the given taxable incomes and are based on the specified tax scale.

Number of properties: 1

Current taxable income: Rental income: Total income: Rental deductions: New taxable income:

Investor 80,000 27,264 107,264 52,634 54,629

Current tax (on 80,000): New tax (on 54,629): Tax saving:

19,147 10,214 8,933

Total tax credits:

$8,933

Page 6

4 Bed, 2 Bath, 2 Car House & Land - Price $523,419 Who pays the cost (1st year)?

75% Tenant

25% Taxman

Projections over 25 years Year

1yr 2yr 3yr 4yr 5yr 6yr 7yr 8yr 9yr 10yr 11yr 12yr 13yr 14yr 15yr 16yr 17yr 18yr 19yr 20yr 21yr 22yr 23yr 24yr 25yr

Principal payments $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Interest costs

Rental expenses

Total cost

Rent (tenant)

Tax credit (taxman)

$25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699 $25,699

$6,134 $6,318 $6,508 $6,703 $6,904 $7,111 $7,325 $7,544 $7,771 $8,004 $8,244 $8,491 $8,746 $9,008 $9,279 $9,557 $9,844 $10,139 $10,443 $10,757 $11,079 $11,412 $11,754 $12,107 $12,470

$31,833 $32,017 $32,207 $32,402 $32,603 $32,810 $33,023 $33,243 $33,469 $33,703 $33,943 $34,190 $34,445 $34,707 $34,977 $35,256 $35,542 $35,838 $36,142 $36,455 $36,778 $37,110 $37,453 $37,805 $38,168

$27,264 $28,627 $30,058 $31,561 $33,139 $34,796 $36,536 $38,363 $40,281 $42,295 $44,410 $46,630 $48,962 $51,410 $53,980 $56,679 $59,513 $62,489 $65,613 $68,894 $72,338 $75,955 $79,753 $83,741 $87,928

$8,933 $5,536 $4,535 $3,844 $3,205 $2,713 $1,843 $1,000 $267 $-554 $-1,498 $-2,267 $-3,077 $-3,930 $-4,826 $-5,770 $-6,764 $-7,809 $-8,909 $-10,067 $-11,284 $-12,649 $-14,630 $-16,706 $-18,882

Cash (you) $-4,364 $-2,146 $-2,387 $-3,003 $-3,741 $-4,699 $-5,355 $-6,119 $-7,078 $-8,038 $-8,969 $-10,173 $-11,440 $-12,772 $-14,177 $-15,653 $-17,207 $-18,842 $-20,562 $-22,372 $-24,277 $-26,196 $-27,670 $-29,230 $-30,877

Page 7

4 Bed, 2 Bath, 2 Car House & Land - Price $523,419

(%)

Who pays the costs (10 years)

100.00 90.00 80.00 70.00 60.00 50.00 40.00 30.00 20.00 10.00 0.00 0

Year from purchase Tenant (92%) Taxman (8%) You (0%)

Average contribution (10 years)

92% Tenant 8% Taxman

Page 8

4 Bed, 2 Bath, 2 Car House & Land - Price $523,419 ($) 3.000m

Investment Property Value & Debt

2.000m

1.000m

0 0

Year from purchase Value

Debt

Property value & debt projections over 25 years Year

Growth rate

1yr 2yr 3yr 4yr 5yr 6yr 7yr 8yr 9yr 10yr 11yr 12yr 13yr 14yr 15yr 16yr 17yr 18yr 19yr 20yr 21yr 22yr 23yr 24yr 25yr

6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00%

Property value $523,419 $554,824 $588,114 $623,400 $660,804 $700,453 $742,480 $787,029 $834,250 $884,305 $937,364 $993,606 $1.053m $1.116m $1.183m $1.254m $1.330m $1.409m $1.494m $1.584m $1.679m $1.779m $1.886m $1.999m $2.119m $2.246m

Amount owing $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026 $541,026

Equity $-17,607 $13,799 $47,088 $82,375 $119,779 $159,427 $201,454 $246,003 $293,225 $343,280 $396,338 $452,580 $512,196 $575,390 $642,374 $713,378 $788,643 $868,423 $952,990 $1.043m $1.138m $1.238m $1.345m $1.458m $1.578m $1.705m

Page 9

4 Bed, 2 Bath, 2 Car House & Land - Price $523,419 $/week 800

Average Projected Weekly Cash Flow & Equity Growth

480

160

-160

-480

-800 Cash in

Cash out

Cash net

Investment Cash Flow

Property

Loan

Equity

Investment Growth

The net after-tax cash flow is the difference between the cash you receive (or save) as a result of the investment (rental income and tax credits) and the cash you pay out (any lump sum cash outlay, principal loan payments, loan interest payments and rental expenses). If any of these items are internalised in the investment loan, they will not appear in the cash flow but will instead impact on the amount owing in the loan. The growth in equity over the projected period will reflect the changes in property value and the loan over the same time frame. In the simple case of an interest-only loan, the loan amount will stay constant and the growth in equity will be the same as the growth in property value. In the current example, the average net after-tax cash flow is $90 per week while the average equity growth is $796 per week. INVESTMENT CASH FLOW Cash In Rental income Tax credits Total Cash Out Cash outlays Principal payments Interest payments Rental expenses Total Net After-Tax Cash Flow

Total (10 years) 342,919 31,322 374,241

Average (per week)

720

0 0 256,987 70,323 327,310

629

46,931

Page 10 INVESTMENT GROWTH

Property value Loan amount Equity

Initial

10 yrs

Change

523,419 541,026 -17,607

937,364 541,026 396,338

413,945 0 413,945

Average (per week) 796 0 796

RD 3

PARTY VALIDATION

RENTAL APPRAISALS

POINTCORP RENTALS TOMORROW’S WAY OF LIVING TODAY

RE: Amity Narangba, Narangba Qld, - Cassandra & Carmello Design To Whom It May Concern, When assessing the rental value of a property, we take into account factors that assist in renting your property promptly. This includes comparison of similar properties, current vacancies, and market trends. These assist us when obtaining a realistic rental value to ensure that your property is rented as quickly as possible for a better financial return. Based on the following characteristics of brand new properties, we estimate a rental return of $480.00-$500.00 per week unfurnished. An estimated value is provided so that you can make a sound decision based on your personal situation. This figure would be a reasonable market value to locate a suitable tenant in a reasonable time frame. Should you have any queries please do not hesitate to contact us on 07 3255 1469 or 0499 020 586 Kind regards,

Lara Faliu Senior Property Manager Pointcorp Rentals 0499 020 586

21 Buchanan Street, West End QLD 4101 • 0477 852 688 • manager@bloomcoomera.com.au • www.pointcorp.com.au • ABN: 51 619 575 129 • QBCC: 1282630

POINTCORP RENTALS TOMORROW’S WAY OF LIVING TODAY

RE: Amity Narangba, Narangba Qld, - Ascot Design To Whom It May Concern, When assessing the rental value of a property, we take into account factors that assist in renting your property promptly. This includes comparison of similar properties, current vacancies, and market trends. These assist us when obtaining a realistic rental value to ensure that your property is rented as quickly as possible for a better financial return. Based on the following characteristics of brand new properties, we estimate a rental return of $420.00-$440.00 per week unfurnished. An estimated value is provided so that you can make a sound decision based on your personal situation. This figure would be a reasonable market value to locate a suitable tenant in a reasonable time frame. Should you have any queries please do not hesitate to contact us on 07 3255 1469 or 0499 020 586 Kind regards,

Lara Faliu Senior Property Manager Pointcorp Rentals 0499 020 586

21 Buchanan Street, West End QLD 4101 • 0477 852 688 • manager@bloomcoomera.com.au • www.pointcorp.com.au • ABN: 51 619 575 129 • QBCC: 1282630

POINTCORP RENTALS TOMORROW’S WAY OF LIVING TODAY

RE: Amity Narangba, Narangba Qld, - Wildwood, Willow, Sonny, Sienna Design To Whom It May Concern, When assessing the rental value of a property, we take into account factors that assist in renting your property promptly. This includes comparison of similar properties, current vacancies, and market trends. These assist us when obtaining a realistic rental value to ensure that your property is rented as quickly as possible for a better financial return. Based on the following characteristics of brand new properties, we estimate a rental return of $440.00-$480.00 per week unfurnished. An estimated value is provided so that you can make a sound decision based on your personal situation. This figure would be a reasonable market value to locate a suitable tenant in a reasonable time frame. Should you have any queries please do not hesitate to contact us on 07 3255 1469 or 0477 852 688 Kind regards,

Lara Faliu Senior Property Manager Pointcorp Rentals 0499 020 586

21 Buchanan Street, West End QLD 4101 • 0477 852 688 • manager@bloomcoomera.com.au • www.pointcorp.com.au • ABN: 51 619 575 129 • QBCC: 1282630

POINTCORP RENTALS TOMORROW’S WAY OF LIVING TODAY RE: Amity Narangba, Narangba, QLD – Milliana, Seajay Design To Whom It May Concern, When assessing the rental value of a property, we take into account factors that assist in renting your property promptly. This includes comparison of similar properties, current vacancies, and market trends. These assist us when obtaining a realistic rental value to ensure that your property is rented as quickly as possible for a better financial return. Based on the following characteristics of brand new properties, we estimate a rental return of $520.00-$550.00 per week unfurnished. An estimated value is provided so that you can make a sound decision based on your personal situation. This figure would be a reasonable market value to locate a suitable tenant in a reasonable time frame. Should you have any queries please do not hesitate to contact us on 07 3255 1469 or 0477 852 688 Kind regards,

Lara Faliu Senior Property Manager Pointcorp Rentals 0499 020 586

21 Buchanan Street, West End QLD 4101 • 0477 852 688 • manager@bloomcoomera.com.au • www.pointcorp.com.au • ABN: 51 619 575 129 • QBCC: 1282630

INDICATIVE TAX DEPRECIATION SCHEDULE

NARANGBA QLD 4504

BMT Tax Depreciation

Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001

QUANTITY SURVEYORS

t 07 3221 9922 e info@bmtqs.com.au f 07 3221 9933 w www.bmtqs.com.au Australia Wide Service

ABN 44 115 282 392

Estimate of Depreciation Claimable Typical 3 Bedroom Dwelling High Set Terrace, NARANGBA QLD 4504 Comparison Yr 1-10 (Max & Min)

Maximum Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

5,289 5,421 3,920 3,267 2,516 2,339 1,507 1,135 711 443 739

5,613 5,613 5,613 5,613 5,613 5,613 5,613 5,613 5,613 5,613 168,413

10,902 11,034 9,533 8,880 8,129 7,952 7,120 6,748 6,324 6,056 169,152

Total

$27,287

$224,543

$251,830

$12,000 $10,800

Minimum

$9,600 $8,400 $7,200 $6,000 $4,800 $3,600 $2,400 $1,200 $0

5 6 7 8 Years Maximum Minimum

Cumulative Yr 1-10 (Min & Max)

Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

4,327 4,435 3,208 2,673 2,058 1,913 1,233 929 581 363 605

4,593 4,593 4,593 4,593 4,593 4,593 4,593 4,593 4,593 4,593 137,793

8,920 9,028 7,801 7,266 6,651 6,506 5,826 5,522 5,174 4,956 138,398

Total

$22,325

$183,723

$206,048

$83,000 $74,700 $66,400 $58,100 $49,800 $41,500 $33,200 $24,900 $16,600 $8,300 $0

5 6 7 8 Years Maximum Minimum

* assumes settlement on 1 July in any given year.

This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type and date of construction. This estimate is based upon legislation in force at the date of report production.

This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 07 3221 9922

Maximising Property Tax Depreciation Deductions 563523

BMT Tax Depreciation

Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001

QUANTITY SURVEYORS

t 07 3221 9922 e info@bmtqs.com.au f 07 3221 9933 w www.bmtqs.com.au Australia Wide Service

ABN 44 115 282 392

Estimate of Depreciation Claimable Typical 4 Bedroom Dwelling Elyse, NARANGBA QLD 4504 Comparison Yr 1-10 (Max & Min)

Maximum Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

6,109 6,382 4,584 3,731 2,850 2,578 1,684 1,111 933 584 971

7,953 7,953 7,953 7,953 7,953 7,953 7,953 7,953 7,953 7,953 238,579

14,062 14,335 12,537 11,684 10,803 10,531 9,637 9,064 8,886 8,537 239,550

Total

$31,517

$318,109

$349,626

$15,000 $13,500

Minimum

$12,000 $10,500 $9,000 $7,500 $6,000 $4,500 $3,000 $1,500 $0

5 6 7 8 Years Maximum Minimum

Cumulative Yr 1-10 (Min & Max)

Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

4,999 5,222 3,750 3,053 2,332 2,110 1,378 909 763 478 795

6,507 6,507 6,507 6,507 6,507 6,507 6,507 6,507 6,507 6,507 195,201

11,506 11,729 10,257 9,560 8,839 8,617 7,885 7,416 7,270 6,985 195,996

Total

$25,789

$260,271

$286,060

$111,000 $99,900 $88,800 $77,700 $66,600 $55,500 $44,400 $33,300 $22,200 $11,100 $0

5 6 7 8 Years Maximum Minimum

* assumes settlement on 1 July in any given year.

This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 07 3221 9922

Maximising Property Tax Depreciation Deductions 563529

BMT Tax Depreciation

Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001

QUANTITY SURVEYORS

t 07 3221 9922 e info@bmtqs.com.au f 07 3221 9933 w www.bmtqs.com.au Australia Wide Service

ABN 44 115 282 392

Estimate of Depreciation Claimable Typical 4 Bedroom Dwelling Gisele, NARANGBA QLD 4504 Comparison Yr 1-10 (Max & Min)

Maximum Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

5,894 6,126 4,408 3,608 2,762 2,516 1,637 1,078 889 556 927

7,546 7,546 7,546 7,546 7,546 7,546 7,546 7,546 7,546 7,546 226,364

13,440 13,672 11,954 11,154 10,308 10,062 9,183 8,624 8,435 8,102 227,291

Total

$30,401

$301,824

$332,225

$14,000 $12,600

Minimum

$11,200 $9,800 $8,400 $7,000 $5,600 $4,200 $2,800 $1,400 $0

5 6 7 8 Years Maximum Minimum

Cumulative Yr 1-10 (Min & Max)

Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

4,822 5,012 3,606 2,952 2,260 2,058 1,339 882 727 455 759

6,174 6,174 6,174 6,174 6,174 6,174 6,174 6,174 6,174 6,174 185,207

10,996 11,186 9,780 9,126 8,434 8,232 7,513 7,056 6,901 6,629 185,966

Total

$24,872

$246,947

$271,819

$105,000 $94,500 $84,000 $73,500 $63,000 $52,500 $42,000 $31,500 $21,000 $10,500 $0

5 6 7 8 Years Maximum Minimum

* assumes settlement on 1 July in any given year.

This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 07 3221 9922

Maximising Property Tax Depreciation Deductions 563528

BMT Tax Depreciation

Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001

QUANTITY SURVEYORS

t 07 3221 9922 e info@bmtqs.com.au f 07 3221 9933 w www.bmtqs.com.au Australia Wide Service

ABN 44 115 282 392

Estimate of Depreciation Claimable Typical 4 Bedroom Dwelling Milliana, NARANGBA QLD 4504 Comparison Yr 1-10 (Max & Min)

Maximum Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

6,031 5,916 4,270 3,521 2,703 2,476 1,612 1,058 871 546 910

6,626 6,626 6,626 6,626 6,626 6,626 6,626 6,626 6,626 6,626 198,809

12,657 12,542 10,896 10,147 9,329 9,102 8,238 7,684 7,497 7,172 199,719

Total

$29,914

$265,069

$294,983

$13,000 $11,700

Minimum

$10,400 $9,100 $7,800 $6,500 $5,200 $3,900 $2,600 $1,300 $0

5 6 7 8 Years Maximum Minimum

Cumulative Yr 1-10 (Min & Max)

Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

4,935 4,840 3,494 2,881 2,211 2,026 1,319 866 713 446 744

5,422 5,422 5,422 5,422 5,422 5,422 5,422 5,422 5,422 5,422 162,662

10,357 10,262 8,916 8,303 7,633 7,448 6,741 6,288 6,135 5,868 163,406

Total

$24,475

$216,882

$241,357

$96,000 $86,400 $76,800 $67,200 $57,600 $48,000 $38,400 $28,800 $19,200 $9,600 $0

5 6 7 8 Years Maximum Minimum

* assumes settlement on 1 July in any given year.

This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 07 3221 9922

Maximising Property Tax Depreciation Deductions 563526

BMT Tax Depreciation

Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001

QUANTITY SURVEYORS

t 07 3221 9922 e info@bmtqs.com.au f 07 3221 9933 w www.bmtqs.com.au Australia Wide Service

ABN 44 115 282 392

Estimate of Depreciation Claimable Typical 4 Bedroom Dwelling Seajay, NARANGBA QLD 4504 Comparison Yr 1-10 (Max & Min)

Maximum Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

6,010 5,897 4,256 3,510 2,695 2,470 1,606 1,055 867 542 903

6,502 6,502 6,502 6,502 6,502 6,502 6,502 6,502 6,502 6,502 195,060

12,512 12,399 10,758 10,012 9,197 8,972 8,108 7,557 7,369 7,044 195,963

Total

$29,811

$260,080

$289,891

$13,000 $11,700

Minimum

$10,400 $9,100 $7,800 $6,500 $5,200 $3,900 $2,600 $1,300 $0

5 6 7 8 Years Maximum Minimum

Cumulative Yr 1-10 (Min & Max)

Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

4,918 4,825 3,482 2,872 2,205 2,021 1,314 863 709 444 739

5,320 5,320 5,320 5,320 5,320 5,320 5,320 5,320 5,320 5,320 159,594

10,238 10,145 8,802 8,192 7,525 7,341 6,634 6,183 6,029 5,764 160,333

Total

$24,392

$212,794

$237,186

$94,000 $84,600 $75,200 $65,800 $56,400 $47,000 $37,600 $28,200 $18,800 $9,400 $0

5 6 7 8 Years Maximum Minimum

* assumes settlement on 1 July in any given year.

This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 07 3221 9922

Maximising Property Tax Depreciation Deductions 563527

BMT Tax Depreciation

Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001

QUANTITY SURVEYORS

t 07 3221 9922 e info@bmtqs.com.au f 07 3221 9933 w www.bmtqs.com.au Australia Wide Service

ABN 44 115 282 392

Estimate of Depreciation Claimable Typical 4 Bedroom Dwelling Sonny, NARANGBA QLD 4504 Comparison Yr 1-10 (Max & Min)

Maximum Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

5,646 5,468 3,961 3,302 2,548 2,363 1,528 1,167 728 455 761

5,940 5,940 5,940 5,940 5,940 5,940 5,940 5,940 5,940 5,940 178,207

11,586 11,408 9,901 9,242 8,488 8,303 7,468 7,107 6,668 6,395 178,968

Total

$27,927

$237,607

$265,534

$12,000 $10,800

Minimum

$9,600 $8,400 $7,200 $6,000 $4,800 $3,600 $2,400 $1,200 $0

5 6 7 8 Years Maximum Minimum

Cumulative Yr 1-10 (Min & Max)

Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

4,620 4,474 3,241 2,702 2,084 1,933 1,250 955 596 373 623

4,860 4,860 4,860 4,860 4,860 4,860 4,860 4,860 4,860 4,860 145,805

9,480 9,334 8,101 7,562 6,944 6,793 6,110 5,815 5,456 5,233 146,428

Total

$22,851

$194,405

$217,256

$87,000 $78,300 $69,600 $60,900 $52,200 $43,500 $34,800 $26,100 $17,400 $8,700 $0

5 6 7 8 Years Maximum Minimum

* assumes settlement on 1 July in any given year.

This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 07 3221 9922

Maximising Property Tax Depreciation Deductions 563525

BMT Tax Depreciation

Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001

QUANTITY SURVEYORS

t 07 3221 9922 e info@bmtqs.com.au f 07 3221 9933 w www.bmtqs.com.au Australia Wide Service

ABN 44 115 282 392

Estimate of Depreciation Claimable Typical 4 Bedroom Dwelling Willow, NARANGBA QLD 4504 Comparison Yr 1-10 (Max & Min)

Maximum Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

5,628 5,451 3,947 3,292 2,539 2,357 1,524 1,161 724 453 756

5,865 5,865 5,865 5,865 5,865 5,865 5,865 5,865 5,865 5,865 175,937

11,493 11,316 9,812 9,157 8,404 8,222 7,389 7,026 6,589 6,318 176,693

Total

$27,832

$234,587

$262,419

$12,000 $10,800

Minimum

$9,600 $8,400 $7,200 $6,000 $4,800 $3,600 $2,400 $1,200 $0

5 6 7 8 Years Maximum Minimum

Cumulative Yr 1-10 (Min & Max)

Year

Plant & Equipment

Division 43

Total

1 2 3 4 5 6 7 8 9 10 11 +

4,604 4,460 3,229 2,694 2,077 1,929 1,247 950 592 371 618

4,799 4,799 4,799 4,799 4,799 4,799 4,799 4,799 4,799 4,799 143,949

9,403 9,259 8,028 7,493 6,876 6,728 6,046 5,749 5,391 5,170 144,567

Total

$22,771

$191,939

$214,710

$86,000 $77,400 $68,800 $60,200 $51,600 $43,000 $34,400 $25,800 $17,200 $8,600 $0

5 6 7 8 Years Maximum Minimum

* assumes settlement on 1 July in any given year.

This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 07 3221 9922

Maximising Property Tax Depreciation Deductions 563524

VALUATION