Information Merorandum - 43-51 King Street, Airport West "Hangar 43"

INFORMATION MEMORANDUM

43-51 KING STREET, AIRPORT WEST

1

THE PROJECT Introduction

01

Location

03

Elevated Spaces

05

2

THE BUILDING Site Plan

07

Individual Floor Plans 09

3

THE CONSTRUCTION Building Scope Specifications

51

Proposed Plan of Subdivision

52

4

THE FINANCIALS Proposed Owners Corporation Budget

57

Indicative Depreciation Schedule

59

WWW.CVA.MELBOURNE

3

THE PROJECT

THE BUILDING

INTRODUCTION An innovative development of just 20 office warehouses, where the vision for the floor plan, finishes and finer details is clear and elevated — giving those that will call Hangar 43 home the firstclass experience.

1

43 -51 KING STREET, AIRPORT WEST

THE CONSTRUCTION

THE FINANCIALS

WWW.CVA.MELBOURNE

2

THE PROJECT

THE BUILDING

LOCATION Just 20 minutes from the Melbourne CBD, Airport West is currently experiencing an industrial revival — the old making way for the new and the innovative.

Hangar 43 is located just 1 km* from the Tullamarine Freeway and 2.85 km* to the Calder Freeway and Western Ring Road intersection, it allows easy access from any point of Melbourne.

Focussing on what’s around you, Westfield Airport West is just 1.4 km* and the cosmopolitan Essendon Fields featuring La Manna Supermarket, Hyatt Place Hotel and DFO amongst others is literally opposite.

With a host of amenities in a sought-after area, you’ll quickly grow accustomed to calling Hangar 43 home.

3

43 -51 KING STREET, AIRPORT WEST

THE CONSTRUCTION

THE FINANCIALS

TO MELBOURNE AIRPORT

Tullamarine

M el ro se

Tullama

McNamar

e

a Ave

s Avenu

South Rd King St

rine Free

Matthew

HANSEN & ETZEL RESERVE

way

Sexton St

e

n

g

d

iv

er

in

oa

Dr

W

t es

R

R

King St

Essendon Fields

Hangar 43

McNamara

Ave

AIRPORT

Cal

der

Fre

ewa

y WWW.CVA.MELBOURNE

Calder Freeway

TO CBD

4

THE PROJECT

THE BUILDING

ELEVATED SPACES Innovative, forward thinking spaces.

Professional business premises, built for the modern business.

5

43 -51 KING STREET, AIRPORT WEST

THE CONSTRUCTION

THE FINANCIALS

WWW.CVA.MELBOURNE

6

THE PROJECT

THE BUILDING

SCHEDULE OF AREA

43 -51 KING STREET, AIRPORT WEST

SCHEDULE OF AREA

THE FINANCIALS

SQ METRES*

WAREHOUSE 01

161 sqm

WAREHOUSE 11

162 sqm

WAREHOUSE 02

152 sqm

WAREHOUSE 12

154 sqm

WAREHOUSE 03

152 sqm

WAREHOUSE 13

154 sqm

WAREHOUSE 04

151 sqm

WAREHOUSE 14

154 sqm

WAREHOUSE 05

174 sqm

WAREHOUSE 15

164 sqm

WAREHOUSE 06

177 sqm

WAREHOUSE 16

166 sqm

WAREHOUSE 07

154 sqm

WAREHOUSE 17

156 sqm

WAREHOUSE 08

154 sqm

WAREHOUSE 18

155 sqm

WAREHOUSE 09

154 sqm

WAREHOUSE 19

155 sqm

WAREHOUSE 10

162 sqm

WAREHOUSE 20

162 sqm

*all sqm are approximate

7

SQ METRES*

THE CONSTRUCTION

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

8

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Up

Office 49.56sqm

FLOOR PLAN UNIT 01

Upper Level

GROUND FLOOR 111 sqm SECOND FLOOR

Warehouse 1 110.99sqm

50 sqm TOTAL

Car Space 2.6 x 4.9

Up

161 sqm

Car Space 2.6 x 4.9 ( Not In Position )

9

43 -51 KING STREET, AIRPORT WEST

WT Lower Level

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

10

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Up

Office 49.29sqm

FLOOR PLAN UNIT 02

Upper Level

GROUND FLOOR 103 sqm SECOND FLOOR

Warehouse 2 102.98sqm

49 sqm TOTAL

Car Space 2.6 x 4.9

Up

152 sqm

Car Space 2.6 x 4.9 ( Not In Position )

11

43 -51 KING STREET, AIRPORT WEST

WT Lower Level

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

12

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Office 48.88sqm

FLOOR PLAN UNIT 03

Upper Level

GROUND FLOOR 102 sqm

WT

Car Space 2.6 x 4.9

SECOND FLOOR 49 sqm

Car Space 2.6 x 4.9

Up

TOTAL 151 sqm

Warehouse 3 102.42sqm

( Not In Position )

Lower Level

13

43 -51 KING STREET, AIRPORT WEST

Up

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

14

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Up

Office 48.88sqm

FLOOR PLAN UNIT 04

Upper Level

GROUND FLOOR 102 sqm SECOND FLOOR

Warehouse 4 101.87sqm

49 sqm TOTAL

Car Space 2.6 x 4.9

Up

151 sqm

Car Space 2.6 x 4.9 ( Not In Position )

15

43 -51 KING STREET, AIRPORT WEST

WT Lower Level

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

16

THE PROJECT

THE BUILDING

THE CONSTRUCTION

Office 67.29sqm

FLOOR PLAN UNIT 05

THE FINANCIALS

Up

Upper Level

WT

GROUND FLOOR 107 sqm

Car Space

2.6 x 4.9

Car Space

2.6 x 4.9

SECOND FLOOR

2.6 x 4.9

Up

67 sqm TOTAL

Car Space

( Not In Position )

Warehouse 5 106.59sqm

174 sqm

Lower Level

17

43 -51 KING STREET, AIRPORT WEST

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

18

THE PROJECT

THE BUILDING

THE CONSTRUCTION

Office 67.20sqm

FLOOR PLAN

Up

UNIT 06

GROUND FLOOR

THE FINANCIALS

Upper Level

WT

110 sqm

Car Space

2.6 x 4.9

SECOND FLOOR

Warehouse 6 110.18sqm

TOTAL 177 sqm

Lower Level

43 -51 KING STREET, AIRPORT WEST

2.6 x 4.9

UP

67 sqm

19

Car Space

( Not In Position )

Car Space

2.6 x 4.9

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

20

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Up

Office 48.88sqm

FLOOR PLAN Upper Level

UNIT 07

GROUND FLOOR 105 sqm SECOND FLOOR 49 sqm

Warehouse 7 104.90sqm

TOTAL

Up

154 sqm

WT Lower Level

21

43 -51 KING STREET, AIRPORT WEST

Car Space 2.6 x 4.9

Car Space 2.6 x 4.9 ( Not In Position )

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

22

THE PROJECT

THE BUILDING

THE CONSTRUCTION

FLOOR PLAN

GROUND FLOOR 105 sqm

Office 48.88sqm

Up

UNIT 08

THE FINANCIALS

Upper Level

WT

Car Space 2.6 x 4.9

SECOND FLOOR 49 sqm

Up

TOTAL

Warehouse 8 104.90sqm

154 sqm

Lower Level

23

43 -51 KING STREET, AIRPORT WEST

Car Space 2.6 x 4.9 ( Not In Position )

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

24

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Up

Office 49.29sqm

FLOOR PLAN Upper Level

UNIT 09

GROUND FLOOR 111 sqm SECOND FLOOR 50 sqm

Warehouse 9 104.90sqm

TOTAL

Up

154 sqm

WT Lower Level

25

43 -51 KING STREET, AIRPORT WEST

Car Space 2.6 x 4.9

Car Space 2.6 x 4.9 ( Not In Position )

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

26

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Up

Office 49.56sqm

FLOOR PLAN Upper Level

UNIT 10

GROUND FLOOR 112 sqm SECOND FLOOR 50 sqm

Warehouse 10 112.43qm

TOTAL

Up

162 sqm

WT Lower Level

27

43 -51 KING STREET, AIRPORT WEST

Car Space 2.6 x 4.9

Car Space 2.6 x 4.9 ( Not In Position )

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

28

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Up

Office 49.56sqm

FLOOR PLAN UNIT 11

Upper Level

GROUND FLOOR 112 sqm SECOND FLOOR

Warehouse 11 112.44sqm

50 sqm TOTAL

Car Space 2.6 x 4.9

Up

162 sqm

Car Space 2.6 x 4.9 ( Not In Position )

29

43 -51 KING STREET, AIRPORT WEST

WT Lower Level

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

30

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Up

Office 49.29sqm

FLOOR PLAN UNIT 12

Upper Level

GROUND FLOOR 49 sqm SECOND FLOOR

Warehouse 12 104.90sqm

105 sqm TOTAL

Car Space 2.6 x 4.9

Up

154 sqm

Car Space 2.6 x 4.9 ( Not In Position )

31

43 -51 KING STREET, AIRPORT WEST

WT Lower Level

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

32

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Office 48.88sqm

FLOOR PLAN UNIT 13

Upper Level

GROUND FLOOR 49 sqm

WT

Car Space 2.6 x 4.9

SECOND FLOOR 105 sqm

Car Space 2.6 x 4.9

Up

TOTAL 154 sqm

Warehouse 13 104.90sqm

( Not In Position )

Lower Level

33

43 -51 KING STREET, AIRPORT WEST

Up

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

34

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Up

Office 48.88sqm

FLOOR PLAN UNIT 14

Upper Level

GROUND FLOOR 105 sqm SECOND FLOOR

Warehouse 14 104.90sqm

49 sqm TOTAL

Car Space 2.6 x 4.9

Up

154 sqm

Car Space 2.6 x 4.9 ( Not In Position )

35

43 -51 KING STREET, AIRPORT WEST

WT Lower Level

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

36

THE PROJECT

THE BUILDING

THE CONSTRUCTION

Office 54.36sqm

FLOOR PLAN UNIT 15

THE FINANCIALS

Up

Upper Level

WT

GROUND FLOOR 110 sqm

Car Space 2.6 x 4.9

Car Space 2.6 x 4.9

SECOND FLOOR

UP

54 sqm TOTAL

( Not In Position )

Warehouse 15 110.14sqm

164 sqm

Lower Level

37

43 -51 KING STREET, AIRPORT WEST

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

38

THE PROJECT

THE BUILDING

THE CONSTRUCTION

Office 54.29sqm

FLOOR PLAN

Up

UNIT 16

GROUND FLOOR

THE FINANCIALS

Upper Level

WT

112 sqm

Car Space 2.6 x 4.9

SECOND FLOOR

UP

54 sqm

Warehouse 16 112.41sqm

TOTAL 166 sqm

Lower Level

39

43 -51 KING STREET, AIRPORT WEST

Car Space 2.6 x 4.9

( Not In Position )

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

40

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Up

Office 48.88sqm

FLOOR PLAN Upper Level

UNIT 17

GROUND FLOOR 107 sqm SECOND FLOOR 49 sqm

Warehouse 17 106.74sqm

TOTAL

Up

156 sqm

WT Lower Level

41

43 -51 KING STREET, AIRPORT WEST

Car Space 2.6 x 4.9

Car Space 2.6 x 4.9 ( Not In Position )

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

42

THE PROJECT

THE BUILDING

THE CONSTRUCTION

FLOOR PLAN

Office 48.88sqm

Up

UNIT 18

THE FINANCIALS

Upper Level

GROUND FLOOR 106 sqm

WT

Car Space 2.6 x 4.9

SECOND FLOOR 49 sqm

Up

TOTAL

Warehouse 18 106.19sqm

155 sqm

Lower Level

43

43 -51 KING STREET, AIRPORT WEST

Car Space 2.6 x 4.9 ( Not In Position )

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

44

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Up

Office 49.29sqm

FLOOR PLAN Upper Level

UNIT 19 GROUND FLOOR 106 sqm SECOND FLOOR 49 sqm

Warehouse 19 105.64sqm

TOTAL 155 sqm

Up

WT Lower Level

45

43 -51 KING STREET, AIRPORT WEST

Car Space 2.6 x 4.9

Car Space 2.6 x 4.9 ( Not In Position )

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

46

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

Up

Office 49.56sqm

FLOOR PLAN Upper Level

UNIT 20 GROUND FLOOR 111 sqm SECOND FLOOR 50 sqm

Warehouse 20 112.59qm

TOTAL 162 sqm

Up

WT Lower Level

47

43 -51 KING STREET, AIRPORT WEST

Car Space 2.6 x 4.9

Car Space 2.6 x 4.9 ( Not In Position )

5

Warehouse

Warehouse

Warehouse

Warehouse

17

14

7

4

Warehouse

Warehouse

Warehouse

Warehouse

18

13

8

3

Warehouse

Warehouse

Warehouse

Warehouse

19

12

9

2

Warehouse

Warehouse

Warehouse

Warehouse

20 Warehouse

11 Warehouse

10 Warehouse

Bowes Avenus

6

Accessway

15

Accessway

16

1 Warehouse

King Street

WWW.CVA.MELBOURNE

48

THE PROJECT

THE BUILDING

03 THE CONSTRUCTION 51 BUILDING SCOPE/SPECIFICATIONS 52 PROPOSED PLAN OF SUBDIVISION

49

43 -51 KING STREET, AIRPORT WEST

THE CONSTRUCTION

THE FINANCIALS

WWW.CVA.MELBOURNE

50

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

BUILDING SCOPE/SPECIFICATIONS FLOORS AND WALLS • Reinforced concrete slab to ground floor office and warehouse areas • Structural Steel frame including columns with structural particleboard flooring to first floor mezzanine areas • Precast concrete wall panels boundary walls ROOF STRUCTURE • Structural steel framed roof structure ROOFING AND PLUMBING • Zincalume cappings, flashings and box gutters • PVC downpipes internally • Double sided sisolation under roof sheeting to factory/ warehouse area. Double sided sisolation and insulation blanket under roof sheeting to office areas • Fibreglass skylights to suit roof sheet profile EXTERNAL PAVING • Standard concrete finish to car park and driveway areas CARPENTRY AND PLASTERING • Acoustic grid ceiling to office areas including under mezzanines • 10mm Plasterboard wall linings to 90mm stud walls / battens in office and amenities areas. (Water resistant plasterboard to wet areas) • 2700mm ceiling height to office areas.

51

43 -51 KING STREET, AIRPORT WEST

JOINERY • Kitchen Cabinets • Soft closers and drawer runners • Stainless Steel Sink METALWORK • 4mm Alucobond (or similar) composite cladding to canopies, canopy soffits, fascia’s and spandrels STAIRS • “Straight” solid timber stairs with timber stringers • 38mm aluminum handrail bolted to wall on each side ROLLER SHUTTER DOORS • Roller doors to be electrically operated WINDOWS AND CURTAIN WALLS • Aluminium windows and glazed entry door frames to be powder coat finish • 100mm flush line series aluminum framing • Glazing shall comply with AS1288 2006 • Operable windows to first floor office areas LANDSCAPING • Landscaping to be installed in accordance with the approved landscape design

PLAN OF SUBDIVISION

WWW.CVA.MELBOURNE

52

THE PROJECT

53

43 -51 KING STREET, AIRPORT WEST

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

APPOINTED BUILDER A well-established family owned and run business, Title Block prides itself on creating a legacy. From a new function centre at Witchmount Estate Winery to multiple BP and Caltex service stations throughout Melbourne and beyond, Title Block is a full-service team with trusted staff and contractors.

With the recent construction of twelve factories in Wallan, Title Block relies on their fourteen years of experience to create high quality commercial projects that are stylish, functional and built to last – and of all varieties and budgets. And it is all done with passion.

Brock Ramunno - Project Manager Tony Rumunno – Principle

WWW.CVA.MELBOURNE

54

THE PROJECT

THE BUILDING

04 THE FINANCIALS 57 PROPOSED OWNERS CORPORATION BUDGET 59 INDICATIVE DEPRECIATION SCHEDULES

55

43 -51 KING STREET, AIRPORT WEST

THE CONSTRUCTION

THE FINANCIALS

WWW.CVA.MELBOURNE

56

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

PROPOSED OWNERS CORPORATION BUDGET

57

43 -51 KING STREET, AIRPORT WEST

LOT

ENTITLEMENT

LIABILITY

ANNUAL

1

5.06

5.06

$2,024.00

2

4.80

4.80

$1,920.00

3

4.77

4.77

$1,908.00

4

4.75

4.75

$1,900.00

5

5.48

5.48

$2,192.00

6

5.59

5.59

$2,236.00

7

4.85

4.85

$1,940.00

8

4.85

4.85

$1,940.00

9

4.86

4.86

$1,944.00

10

5.11

5.11

$2,044.00

11

5.11

5.11

$2044.00

12

4.86

4.86

$1,944.00

13

4.85

4.85

$1,940.00

14

4.85

4.85

$1,940.00

15

5.18

5.18

$2,072.00

16

5.25

5.25

$2,100.00

17

4.90

4.90

$1,960.00

18

4.89

4.89

$1,956.00

19

4.88

4.88

$1,952.00

20

5.11

5.11

$2,044.00

TOTAL

100

100

$40,000

WWW.CVA.MELBOURNE

58

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

INDICATIVE DEPRECIATION SCHEDULES UNIT 1

Level 5, 171 Collins Street Melbourne VIC 3000 T 03 9915 6300 F 03 9915 6399 E melbinfo@napierblakeley.com napierblakeley.com

1.

Indicative Property Tax Allowances Report

This report is dated 10 June 2021 and has been prepared to highlight the potential capital allowances available to the purchasers of: Unit 1 43-51 King Street, Airport West VIC

10 June 2021 File Ref 30420800780/J48164 Ian Angelico CVA Property Consultants Pty Ltd 18-20 Russell Street MELBOURNE VIC 3000 Dear Sir, Indicative Property Tax Allowance Schedules Unit 1 43-51 King Street, Airport West VIC Further to our recent discussions we have pleasure in enclosing our preliminary report on tax depreciation allowances for the purchase of the above property.

We have based our calculations on the following information based on discussions between Ian Angelico of CVA Property Consultants Pty Ltd and John Mathew of Napier & Blakeley Pty Ltd. Anticipated purchase price

Not disclosed

Land value

Not disclosed

Please note that the enclosed indicative figures have been produced in accordance with the Income Tax Assessment Act 1997 and Tax Ruling 2020/3. TR 2020/3 is an unofficial consolidated table of effective lives for depreciating assets effective 1 July 2020.

The figures should be used for preliminary tax planning purposes only. In the absence of information as to the status of the owner of the property for depreciation purposes, we have assumed that the allowances will be available and be of benefit to the owner. The estimated figures supplied cannot be used in a tax return.

As Quantity Surveyors specialising in the field of property tax allowances, Napier & Blakeley Pty Ltd have prepared the following tables to highlight the approximate level of allowances available to the purchasers of the above property.

We have assumed that the owner will be entitled to claim available Division 40 Capital allowances & Division 43 Capital works deductions.

The figures contained in these reports reflect the allowances available under the legislation in force as at the date of preparation of the reports. Division 40 Capital allowances are calculated on the diminishing value method.

Assuming that there are no restrictive clauses in the Contract of Sale the depreciating assets will be able to be depreciated on the basis of a reasonable attribution of the purchase price (Section 40-195 ITAA 1997). Depending on the date the building commenced construction, a capital works deduction will be available based on the historical cost of construction having deducted non-qualifying expenditure, and notionally depreciating the qualifying expenditure to the date of settlement.

It is worth noting that should the advised purchase price or land value change, then the value of the capital allowances will also change.

For further information or clarification of this report please contact John Mathew of this office.

This report is intended only to give a guide to the likely level of allowances claimable. It has been based on a preliminary appraisal of information provided. Final schedules will be necessarily based on the actual sale price.

Should you require any further information please do not hesitate to contact John Mathew of this office.

Yours faithfully

Napier & Blakeley Pty Ltd

43-51 King Street Airport West VIC File Ref: 30420800780/J48164 - JM 10 June 2021

59

43 -51 KING STREET, AIRPORT WEST

Page 2

Napier & Blakeley Pty Ltd ACN: 006 386 278 Level 5 171 Collins Street Melbourne VIC 3000

2.

T 03 9915 6300 F 03 9915 6399

This report is the opinion of Napier & Blakeley Pty Ltd ACN 006 386 278 ATF Napier & Blakeley Unit Trust ABN 87 601 474 307 (Napier & Blakeley) and is to be read together with and is subject to the term and conditions of our engagement. Our opinions in this report are based on the information referred to in this report that has been made available to us by or on behalf of the addressee (Information).

www.napierblakeley.com

Unit 1 43-51 King Street

Airport West VIC

Napier & Blakeley has not obtained independent verification of the Information. As such, our opinion may be different if the Information is incorrect or inaccurate in any way. This report was prepared solely for the addressee and its use is limited to the purpose for which it was provided.

No third party may rely on this report without first obtaining the prior written consent of Napier & Blakeley.

Indication of capital allowances deductions Prepared Preparedfor: for:

CVA Property Consultants Pty Ltd

Estimated Allowances Estimated Allowances Year

Estimated Allowances

Division 40

Division 43

Annual

Allowances

Deductions

Totals

$

$

$

1 ( 364 days )

7,000

4,000

11,000

2

7,000

4,000

11,000

3

5,000

4,000

9,000

4

4,000

4,000

8,000

5

4,000

4,000

8,000

6

3,000

4,000

7,000

7

3,000

4,000

7,000

8

2,000

4,000

6,000

9

2,000

4,000

6,000

10

2,000

4,000

6,000

11+

15,000

101,000

116,000

TOTAL

54,000

141,000

195,000

Disclaimer

12,000

Napier & Blakeley does not warrant the accuracy or completeness of the Information, and to the maximum extent permitted by law, does not accept any responsibility or liability for any loss suffered by any person or entity as a result of or in connection with error, inaccuracy, misrepresentation, incompleteness or similar defect in the Information and/or this report or any default, negligence or lack of care in relation to the preparation or provision of the Information and/or this report.

Division 40 Allowances Division 43 Deductions

10,000

8,000

© Copyright Napier & Blakeley Pty Ltd ACN 006 386 278 ATF Napier & Blakeley Unit Trust ABN 87 601 474 307. All rights reserved. Reproduction, distribution or transmission of this report is prohibited.

6,000

4,000

2,000

0

1

2

3

4

5 6 Year

7

8

9

10

Basis of estimated allowances 1 The purpose of this report is to provide a broad independent indication of capital allowances and capital works deductions available to a purchaser of the above property. The figures should be used for preliminary tax planning purposes only.

2 In the absence of information as to the tax status of the property owner, we have assumed that the allowances will be available and be of benefit to the owner.

3 The Allowances provided above are based on our interpretations of the Income Tax Assessment Act 1997 (ITAA 1997), tax cases and tax rulings, all as current at the date of this report and on our understanding of the Commissioner of Taxation's 4 The estimated depreciating assets allowances (Division 40) has been based on a reasonable attribution of the purchase price and for capital works deductions (Division 43), historical cost has been assessed. We have been supplied with an Anticipated Purchase Price, which has been accepted in good faith. Apportionment for Land has been based on an estimated Improved Land Value. The estimated Allowances above are subject to change if these values differ to that provided.

5 The above estimate is based on the assumption that there are no specific apportioned values prescribed in the Contract of Sale and the depreciation assets will be able to be depreciated on the basis of a reasonable attribution of the purchase price (Section 40-195 ITAA 1997).

6 These figures are of a general nature and should not be applied or acted upon unless supported by specific advice, they CANNOT be used for tax return purposes. Depreciation of Depreciating Assets has been based on the DIMINISHING VALUE METHOD and the Division 43 Allowances are calculated on the PRIME COST METHOD. A claim will be dependent on a purchaser's tax position.

SPECIFIC ADVICE IS AVAILABLE BY TELEPHONING JOHN MATHEW on 03 9915 6300 30420800780/J48164 JM Sydney +61 2 9299 1899

Melbourne +61 3 9915 6300

Brisbane +61 7 3221 8255

Perth +61 8 9489 4895

NOT ACCEPTABLE FOR TAX RETURNS

Singapore +65 6550 9642

Adelaide +61 8 8274 3760

43-51 King Street Airport West VIC File Ref: 30420800780/J48164 - JM 10 June 2021

Page 4

WWW.CVA.MELBOURNE

60

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

INDICATIVE DEPRECIATION SCHEDULES UNIT 2

Level 5, 171 Collins Street Melbourne VIC 3000 T 03 9915 6300 F 03 9915 6399 E melbinfo@napierblakeley.com napierblakeley.com

1.

Indicative Property Tax Allowances Report

This report is dated 10 June 2021 and has been prepared to highlight the potential capital allowances available to the purchasers of: Unit 2 43-51 King Street, Airport West VIC

10 June 2021 File Ref 30420800780/J48164 Ian Angelico CVA Property Consultants Pty Ltd 18-20 Russell Street MELBOURNE VIC 3000 Dear Sir, Indicative Property Tax Allowance Schedules Unit 2 43-51 King Street, Airport West VIC Further to our recent discussions we have pleasure in enclosing our preliminary report on tax depreciation allowances for the purchase of the above property.

We have based our calculations on the following information based on discussions between Ian Angelico of CVA Property Consultants Pty Ltd and John Mathew of Napier & Blakeley Pty Ltd. Anticipated purchase price

Not disclosed

Land value

Not disclosed

Please note that the enclosed indicative figures have been produced in accordance with the Income Tax Assessment Act 1997 and Tax Ruling 2020/3. TR 2020/3 is an unofficial consolidated table of effective lives for depreciating assets effective 1 July 2020.

The figures should be used for preliminary tax planning purposes only. In the absence of information as to the status of the owner of the property for depreciation purposes, we have assumed that the allowances will be available and be of benefit to the owner. The estimated figures supplied cannot be used in a tax return.

As Quantity Surveyors specialising in the field of property tax allowances, Napier & Blakeley Pty Ltd have prepared the following tables to highlight the approximate level of allowances available to the purchasers of the above property.

We have assumed that the owner will be entitled to claim available Division 40 Capital allowances & Division 43 Capital works deductions.

The figures contained in these reports reflect the allowances available under the legislation in force as at the date of preparation of the reports. Division 40 Capital allowances are calculated on the diminishing value method.

Assuming that there are no restrictive clauses in the Contract of Sale the depreciating assets will be able to be depreciated on the basis of a reasonable attribution of the purchase price (Section 40-195 ITAA 1997). Depending on the date the building commenced construction, a capital works deduction will be available based on the historical cost of construction having deducted non-qualifying expenditure, and notionally depreciating the qualifying expenditure to the date of settlement.

It is worth noting that should the advised purchase price or land value change, then the value of the capital allowances will also change.

For further information or clarification of this report please contact John Mathew of this office.

This report is intended only to give a guide to the likely level of allowances claimable. It has been based on a preliminary appraisal of information provided. Final schedules will be necessarily based on the actual sale price.

Should you require any further information please do not hesitate to contact John Mathew of this office.

Yours faithfully

Napier & Blakeley Pty Ltd

43-51 King Street Airport West VIC File Ref: 30420800780/J48164 - JM 10 June 2021

61

43 -51 KING STREET, AIRPORT WEST

Page 2

Napier & Blakeley Pty Ltd ACN: 006 386 278 Level 5 171 Collins Street Melbourne VIC 3000

2.

T 03 9915 6300 F 03 9915 6399

This report is the opinion of Napier & Blakeley Pty Ltd ACN 006 386 278 ATF Napier & Blakeley Unit Trust ABN 87 601 474 307 (Napier & Blakeley) and is to be read together with and is subject to the term and conditions of our engagement. Our opinions in this report are based on the information referred to in this report that has been made available to us by or on behalf of the addressee (Information).

www.napierblakeley.com

Unit 2 43-51 King Street

Airport West VIC

Napier & Blakeley has not obtained independent verification of the Information. As such, our opinion may be different if the Information is incorrect or inaccurate in any way. This report was prepared solely for the addressee and its use is limited to the purpose for which it was provided.

No third party may rely on this report without first obtaining the prior written consent of Napier & Blakeley.

Indication of capital allowances deductions Prepared Preparedfor: for:

CVA Property Consultants Pty Ltd

Estimated Allowances Estimated Allowances Year

Estimated Allowances

Division 40

Division 43

Annual

Allowances

Deductions

Totals

$

$

$

1 ( 364 days )

6,000

3,000

9,000

2

6,000

3,000

9,000

7,000

3

5,000

3,000

8,000

6,000

4

4,000

3,000

7,000

5

3,000

3,000

6,000

6

3,000

3,000

6,000

7

2,000

3,000

5,000

3,000

8

2,000

3,000

5,000

2,000

9

2,000

3,000

5,000

10

1,000

3,000

4,000

11+

14,000

104,000

118,000

TOTAL

48,000

134,000

182,000

Disclaimer

10,000

Napier & Blakeley does not warrant the accuracy or completeness of the Information, and to the maximum extent permitted by law, does not accept any responsibility or liability for any loss suffered by any person or entity as a result of or in connection with error, inaccuracy, misrepresentation, incompleteness or similar defect in the Information and/or this report or any default, negligence or lack of care in relation to the preparation or provision of the Information and/or this report.

Division 40 Allowances

9,000

Division 43 Deductions

8,000

© Copyright Napier & Blakeley Pty Ltd ACN 006 386 278 ATF Napier & Blakeley Unit Trust ABN 87 601 474 307. All rights reserved. Reproduction, distribution or transmission of this report is prohibited.

5,000 4,000

1,000 0

1

2

3

4

5 6 Year

7

8

9

10

Basis of estimated allowances 1 The purpose of this report is to provide a broad independent indication of capital allowances and capital works deductions available to a purchaser of the above property. The figures should be used for preliminary tax planning purposes only.

2 In the absence of information as to the tax status of the property owner, we have assumed that the allowances will be available and be of benefit to the owner.

3 The Allowances provided above are based on our interpretations of the Income Tax Assessment Act 1997 (ITAA 1997), tax cases and tax rulings, all as current at the date of this report and on our understanding of the Commissioner of Taxation's 4 The estimated depreciating assets allowances (Division 40) has been based on a reasonable attribution of the purchase price and for capital works deductions (Division 43), historical cost has been assessed. We have been supplied with an Anticipated Purchase Price, which has been accepted in good faith. Apportionment for Land has been based on an estimated Improved Land Value. The estimated Allowances above are subject to change if these values differ to that provided.

5 The above estimate is based on the assumption that there are no specific apportioned values prescribed in the Contract of Sale and the depreciation assets will be able to be depreciated on the basis of a reasonable attribution of the purchase price (Section 40-195 ITAA 1997).

6 These figures are of a general nature and should not be applied or acted upon unless supported by specific advice, they CANNOT be used for tax return purposes. Depreciation of Depreciating Assets has been based on the DIMINISHING VALUE METHOD and the Division 43 Allowances are calculated on the PRIME COST METHOD. A claim will be dependent on a purchaser's tax position.

SPECIFIC ADVICE IS AVAILABLE BY TELEPHONING JOHN MATHEW on 03 9915 6300 30420800780/J48164 JM Sydney +61 2 9299 1899

Melbourne +61 3 9915 6300

Brisbane +61 7 3221 8255

Perth +61 8 9489 4895

NOT ACCEPTABLE FOR TAX RETURNS

Singapore +65 6550 9642

Adelaide +61 8 8274 3760 43-51 King Street Airport West VIC File Ref: 30420800780/J48164 - JM 10 June 2021

Page 4

WWW.CVA.MELBOURNE

62

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

INDICATIVE DEPRECIATION SCHEDULES UNIT 6

Level 5, 171 Collins Street Melbourne VIC 3000 T 03 9915 6300 F 03 9915 6399 E melbinfo@napierblakeley.com napierblakeley.com

1.

Indicative Property Tax Allowances Report

This report is dated 10 June 2021 and has been prepared to highlight the potential capital allowances available to the purchasers of: Unit 6 43-51 King Street, Airport West VIC

10 June 2021 File Ref 30420800780/J48164 Ian Angelico CVA Property Consultants Pty Ltd 18-20 Russell Street MELBOURNE VIC 3000 Dear Sir, Indicative Property Tax Allowance Schedules Unit 6 43-51 King Street, Airport West VIC Further to our recent discussions we have pleasure in enclosing our preliminary report on tax depreciation allowances for the purchase of the above property.

We have based our calculations on the following information based on discussions between Ian Angelico of CVA Property Consultants Pty Ltd and John Mathew of Napier & Blakeley Pty Ltd. Anticipated purchase price

Not disclosed

Land value

Not disclosed

Please note that the enclosed indicative figures have been produced in accordance with the Income Tax Assessment Act 1997 and Tax Ruling 2020/3. TR 2020/3 is an unofficial consolidated table of effective lives for depreciating assets effective 1 July 2020.

The figures should be used for preliminary tax planning purposes only. In the absence of information as to the status of the owner of the property for depreciation purposes, we have assumed that the allowances will be available and be of benefit to the owner. The estimated figures supplied cannot be used in a tax return.

As Quantity Surveyors specialising in the field of property tax allowances, Napier & Blakeley Pty Ltd have prepared the following tables to highlight the approximate level of allowances available to the purchasers of the above property.

We have assumed that the owner will be entitled to claim available Division 40 Capital allowances & Division 43 Capital works deductions.

The figures contained in these reports reflect the allowances available under the legislation in force as at the date of preparation of the reports. Division 40 Capital allowances are calculated on the diminishing value method.

Assuming that there are no restrictive clauses in the Contract of Sale the depreciating assets will be able to be depreciated on the basis of a reasonable attribution of the purchase price (Section 40-195 ITAA 1997). Depending on the date the building commenced construction, a capital works deduction will be available based on the historical cost of construction having deducted non-qualifying expenditure, and notionally depreciating the qualifying expenditure to the date of settlement.

It is worth noting that should the advised purchase price or land value change, then the value of the capital allowances will also change.

For further information or clarification of this report please contact John Mathew of this office.

This report is intended only to give a guide to the likely level of allowances claimable. It has been based on a preliminary appraisal of information provided. Final schedules will be necessarily based on the actual sale price.

Should you require any further information please do not hesitate to contact John Mathew of this office.

Yours faithfully

Napier & Blakeley Pty Ltd

43-51 King Street Airport West VIC File Ref: 30420800780/J48164 - JM 10 June 2021

63

43 -51 KING STREET, AIRPORT WEST

Page 2

Napier & Blakeley Pty Ltd ACN: 006 386 278 Level 5 171 Collins Street Melbourne VIC 3000

2.

T 03 9915 6300 F 03 9915 6399

This report is the opinion of Napier & Blakeley Pty Ltd ACN 006 386 278 ATF Napier & Blakeley Unit Trust ABN 87 601 474 307 (Napier & Blakeley) and is to be read together with and is subject to the term and conditions of our engagement. Our opinions in this report are based on the information referred to in this report that has been made available to us by or on behalf of the addressee (Information).

www.napierblakeley.com

Unit 6 43-51 King Street

Airport West VIC

Napier & Blakeley has not obtained independent verification of the Information. As such, our opinion may be different if the Information is incorrect or inaccurate in any way. This report was prepared solely for the addressee and its use is limited to the purpose for which it was provided.

No third party may rely on this report without first obtaining the prior written consent of Napier & Blakeley.

Indication of capital allowances deductions Prepared Preparedfor: for:

CVA Property Consultants Pty Ltd

Estimated Allowances Estimated Allowances Year

Estimated Allowances

Division 40

Division 43

Annual

Allowances

Deductions

Totals

$

$

$

1 ( 364 days )

9,000

4,000

13,000

2

9,000

4,000

13,000

3

7,000

4,000

11,000

4

6,000

4,000

10,000

5

5,000

4,000

9,000

6

4,000

4,000

8,000

7

3,000

4,000

7,000

8

3,000

4,000

7,000

9

3,000

4,000

7,000

10

2,000

4,000

6,000

11+

23,000

116,000

139,000

TOTAL

74,000

156,000

230,000

Disclaimer

14,000

Napier & Blakeley does not warrant the accuracy or completeness of the Information, and to the maximum extent permitted by law, does not accept any responsibility or liability for any loss suffered by any person or entity as a result of or in connection with error, inaccuracy, misrepresentation, incompleteness or similar defect in the Information and/or this report or any default, negligence or lack of care in relation to the preparation or provision of the Information and/or this report.

Division 40 Allowances

12,000

Division 43 Deductions

10,000

8,000

© Copyright Napier & Blakeley Pty Ltd ACN 006 386 278 ATF Napier & Blakeley Unit Trust ABN 87 601 474 307. All rights reserved. Reproduction, distribution or transmission of this report is prohibited.

6,000

4,000

2,000

0

1

2

3

4

5 6 Year

7

8

9

10

Basis of estimated allowances 1 The purpose of this report is to provide a broad independent indication of capital allowances and capital works deductions available to a purchaser of the above property. The figures should be used for preliminary tax planning purposes only.

2 In the absence of information as to the tax status of the property owner, we have assumed that the allowances will be available and be of benefit to the owner.

3 The Allowances provided above are based on our interpretations of the Income Tax Assessment Act 1997 (ITAA 1997), tax cases and tax rulings, all as current at the date of this report and on our understanding of the Commissioner of Taxation's 4 The estimated depreciating assets allowances (Division 40) has been based on a reasonable attribution of the purchase price and for capital works deductions (Division 43), historical cost has been assessed. We have been supplied with an Anticipated Purchase Price, which has been accepted in good faith. Apportionment for Land has been based on an estimated Improved Land Value. The estimated Allowances above are subject to change if these values differ to that provided.

5 The above estimate is based on the assumption that there are no specific apportioned values prescribed in the Contract of Sale and the depreciation assets will be able to be depreciated on the basis of a reasonable attribution of the purchase price (Section 40-195 ITAA 1997).

6 These figures are of a general nature and should not be applied or acted upon unless supported by specific advice, they CANNOT be used for tax return purposes. Depreciation of Depreciating Assets has been based on the DIMINISHING VALUE METHOD and the Division 43 Allowances are calculated on the PRIME COST METHOD. A claim will be dependent on a purchaser's tax position.

SPECIFIC ADVICE IS AVAILABLE BY TELEPHONING JOHN MATHEW on 03 9915 6300 30420800780/J48164 JM Sydney +61 2 9299 1899

Melbourne +61 3 9915 6300

Brisbane +61 7 3221 8255

Perth +61 8 9489 4895

NOT ACCEPTABLE FOR TAX RETURNS

Singapore +65 6550 9642

Adelaide +61 8 8274 3760 43-51 King Street Airport West VIC File Ref: 30420800780/J48164 - JM 10 June 2021

Page 4

WWW.CVA.MELBOURNE

64

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

INDICATIVE DEPRECIATION SCHEDULES UNIT 10

Level 5, 171 Collins Street Melbourne VIC 3000 T 03 9915 6300 F 03 9915 6399 E melbinfo@napierblakeley.com napierblakeley.com

1.

Indicative Property Tax Allowances Report

This report is dated 10 June 2021 and has been prepared to highlight the potential capital allowances available to the purchasers of: Unit 10 43-51 King Street, Airport West VIC

10 June 2021 File Ref 30420800780/J48164 Ian Angelico CVA Property Consultants Pty Ltd 18-20 Russell Street MELBOURNE VIC 3000

As Quantity Surveyors specialising in the field of property tax allowances, Napier & Blakeley Pty Ltd have prepared the following tables to highlight the approximate level of allowances available to the purchasers of the above property.

Dear Sir,

We have assumed that the owner will be entitled to claim available Division 40 Capital allowances & Division 43 Capital works deductions.

Indicative Property Tax Allowance Schedules Unit 10 43-51 King Street, Airport West VIC

The figures contained in these reports reflect the allowances available under the legislation in force as at the date of preparation of the reports. Division 40 Capital allowances are calculated on the diminishing value method.

Further to our recent discussions we have pleasure in enclosing our preliminary report on tax depreciation allowances for the purchase of the above property.

Assuming that there are no restrictive clauses in the Contract of Sale the depreciating assets will be able to be depreciated on the basis of a reasonable attribution of the purchase price (Section 40-195 ITAA 1997). Depending on the date the building commenced construction, a capital works deduction will be available based on the historical cost of construction having deducted non-qualifying expenditure, and notionally depreciating the qualifying expenditure to the date of settlement.

We have based our calculations on the following information based on discussions between Ian Angelico of CVA Property Consultants Pty Ltd and John Mathew of Napier & Blakeley Pty Ltd. Anticipated purchase price

Not disclosed

Land value

Not disclosed

Please note that the enclosed indicative figures have been produced in accordance with the Income Tax Assessment Act 1997 and Tax Ruling 2020/3. TR 2020/3 is an unofficial consolidated table of effective lives for depreciating assets effective 1 July 2020.

The figures should be used for preliminary tax planning purposes only. In the absence of information as to the status of the owner of the property for depreciation purposes, we have assumed that the allowances will be available and be of benefit to the owner. The estimated figures supplied cannot be used in a tax return.

It is worth noting that should the advised purchase price or land value change, then the value of the capital allowances will also change.

For further information or clarification of this report please contact John Mathew of this office.

This report is intended only to give a guide to the likely level of allowances claimable. It has been based on a preliminary appraisal of information provided. Final schedules will be necessarily based on the actual sale price.

Should you require any further information please do not hesitate to contact John Mathew of this office.

Yours faithfully

Napier & Blakeley Pty Ltd

43-51 King Street Airport West VIC File Ref: 30420800780/J48164 - JM 10 June 2021

65

43 -51 KING STREET, AIRPORT WEST

Page 2

Napier & Blakeley Pty Ltd ACN: 006 386 278 Level 5 171 Collins Street Melbourne VIC 3000

2.

T 03 9915 6300 F 03 9915 6399

This report is the opinion of Napier & Blakeley Pty Ltd ACN 006 386 278 ATF Napier & Blakeley Unit Trust ABN 87 601 474 307 (Napier & Blakeley) and is to be read together with and is subject to the term and conditions of our engagement. Our opinions in this report are based on the information referred to in this report that has been made available to us by or on behalf of the addressee (Information).

www.napierblakeley.com

Unit 10 43-51 King Street

Airport West VIC

Napier & Blakeley has not obtained independent verification of the Information. As such, our opinion may be different if the Information is incorrect or inaccurate in any way. This report was prepared solely for the addressee and its use is limited to the purpose for which it was provided.

No third party may rely on this report without first obtaining the prior written consent of Napier & Blakeley.

Indication of capital allowances deductions Prepared Preparedfor: for:

CVA Property Consultants Pty Ltd

Estimated Allowances Estimated Allowances Year

Estimated Allowances

Division 40

Division 43

Annual

Allowances

Deductions

Totals

$

$

$

1 ( 364 days )

7,000

4,000

11,000

2

7,000

4,000

11,000

3

5,000

4,000

9,000

4

4,000

4,000

8,000

5

4,000

4,000

8,000

6

3,000

4,000

7,000

7

3,000

4,000

7,000

8

2,000

4,000

6,000

9

2,000

4,000

6,000

10

2,000

4,000

6,000

11+

15,000

103,000

118,000

TOTAL

54,000

143,000

197,000

Disclaimer

12,000

Napier & Blakeley does not warrant the accuracy or completeness of the Information, and to the maximum extent permitted by law, does not accept any responsibility or liability for any loss suffered by any person or entity as a result of or in connection with error, inaccuracy, misrepresentation, incompleteness or similar defect in the Information and/or this report or any default, negligence or lack of care in relation to the preparation or provision of the Information and/or this report.

Division 40 Allowances Division 43 Deductions

10,000

8,000

© Copyright Napier & Blakeley Pty Ltd ACN 006 386 278 ATF Napier & Blakeley Unit Trust ABN 87 601 474 307. All rights reserved. Reproduction, distribution or transmission of this report is prohibited.

6,000

4,000

2,000

0

1

2

3

4

5 6 Year

7

8

9

10

Basis of estimated allowances 1 The purpose of this report is to provide a broad independent indication of capital allowances and capital works deductions available to a purchaser of the above property. The figures should be used for preliminary tax planning purposes only.

2 In the absence of information as to the tax status of the property owner, we have assumed that the allowances will be available and be of benefit to the owner.

3 The Allowances provided above are based on our interpretations of the Income Tax Assessment Act 1997 (ITAA 1997), tax cases and tax rulings, all as current at the date of this report and on our understanding of the Commissioner of Taxation's 4 The estimated depreciating assets allowances (Division 40) has been based on a reasonable attribution of the purchase price and for capital works deductions (Division 43), historical cost has been assessed. We have been supplied with an Anticipated Purchase Price, which has been accepted in good faith. Apportionment for Land has been based on an estimated Improved Land Value. The estimated Allowances above are subject to change if these values differ to that provided.

5 The above estimate is based on the assumption that there are no specific apportioned values prescribed in the Contract of Sale and the depreciation assets will be able to be depreciated on the basis of a reasonable attribution of the purchase price (Section 40-195 ITAA 1997).

6 These figures are of a general nature and should not be applied or acted upon unless supported by specific advice, they CANNOT be used for tax return purposes. Depreciation of Depreciating Assets has been based on the DIMINISHING VALUE METHOD and the Division 43 Allowances are calculated on the PRIME COST METHOD. A claim will be dependent on a purchaser's tax position.

SPECIFIC ADVICE IS AVAILABLE BY TELEPHONING JOHN MATHEW on 03 9915 6300 30420800780/J48164 JM Sydney +61 2 9299 1899

Melbourne +61 3 9915 6300

Brisbane +61 7 3221 8255

Perth +61 8 9489 4895

NOT ACCEPTABLE FOR TAX RETURNS

Singapore +65 6550 9642

Adelaide +61 8 8274 3760 43-51 King Street Airport West VIC File Ref: 30420800780/J48164 - JM 10 June 2021

Page 4

WWW.CVA.MELBOURNE

66

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

INDICATIVE DEPRECIATION SCHEDULES UNIT 16

Level 5, 171 Collins Street Melbourne VIC 3000 T 03 9915 6300 F 03 9915 6399 E melbinfo@napierblakeley.com napierblakeley.com

1.

Indicative Property Tax Allowances Report

This report is dated 10 June 2021 and has been prepared to highlight the potential capital allowances available to the purchasers of: Unit 16 43-51 King Street, Airport West VIC

10 June 2021 File Ref 30420800780/J48164 Ian Angelico CVA Property Consultants Pty Ltd 18-20 Russell Street MELBOURNE VIC 3000 Dear Sir, Indicative Property Tax Allowance Schedules Unit 16 43-51 King Street, Airport West VIC Further to our recent discussions we have pleasure in enclosing our preliminary report on tax depreciation allowances for the purchase of the above property.

We have based our calculations on the following information based on discussions between Ian Angelico of CVA Property Consultants Pty Ltd and John Mathew of Napier & Blakeley Pty Ltd. Anticipated purchase price

Not disclosed

Land value

Not disclosed

Please note that the enclosed indicative figures have been produced in accordance with the Income Tax Assessment Act 1997 and Tax Ruling 2020/3. TR 2020/3 is an unofficial consolidated table of effective lives for depreciating assets effective 1 July 2020.

The figures should be used for preliminary tax planning purposes only. In the absence of information as to the status of the owner of the property for depreciation purposes, we have assumed that the allowances will be available and be of benefit to the owner. The estimated figures supplied cannot be used in a tax return.

As Quantity Surveyors specialising in the field of property tax allowances, Napier & Blakeley Pty Ltd have prepared the following tables to highlight the approximate level of allowances available to the purchasers of the above property.

We have assumed that the owner will be entitled to claim available Division 40 Capital allowances & Division 43 Capital works deductions.

The figures contained in these reports reflect the allowances available under the legislation in force as at the date of preparation of the reports. Division 40 Capital allowances are calculated on the diminishing value method.

Assuming that there are no restrictive clauses in the Contract of Sale the depreciating assets will be able to be depreciated on the basis of a reasonable attribution of the purchase price (Section 40-195 ITAA 1997). Depending on the date the building commenced construction, a capital works deduction will be available based on the historical cost of construction having deducted non-qualifying expenditure, and notionally depreciating the qualifying expenditure to the date of settlement.

It is worth noting that should the advised purchase price or land value change, then the value of the capital allowances will also change.

For further information or clarification of this report please contact John Mathew of this office.

This report is intended only to give a guide to the likely level of allowances claimable. It has been based on a preliminary appraisal of information provided. Final schedules will be necessarily based on the actual sale price.

Should you require any further information please do not hesitate to contact John Mathew of this office.

Yours faithfully

Napier & Blakeley Pty Ltd

43-51 King Street Airport West VIC File Ref: 30420800780/J48164 - JM 10 June 2021

67

43 -51 KING STREET, AIRPORT WEST

Page 2

Napier & Blakeley Pty Ltd ACN: 006 386 278 Level 5 171 Collins Street Melbourne VIC 3000

2.

T 03 9915 6300 F 03 9915 6399

This report is the opinion of Napier & Blakeley Pty Ltd ACN 006 386 278 ATF Napier & Blakeley Unit Trust ABN 87 601 474 307 (Napier & Blakeley) and is to be read together with and is subject to the term and conditions of our engagement. Our opinions in this report are based on the information referred to in this report that has been made available to us by or on behalf of the addressee (Information).

www.napierblakeley.com

Unit 16 43-51 King Street

Airport West VIC

Napier & Blakeley has not obtained independent verification of the Information. As such, our opinion may be different if the Information is incorrect or inaccurate in any way. This report was prepared solely for the addressee and its use is limited to the purpose for which it was provided.

No third party may rely on this report without first obtaining the prior written consent of Napier & Blakeley.

Indication of capital allowances deductions Prepared Preparedfor: for:

CVA Property Consultants Pty Ltd

Estimated Allowances Estimated Allowances Year

Estimated Allowances

Division 40

Division 43

Annual

Allowances

Deductions

Totals

$

$

$

1 ( 364 days )

9,000

4,000

13,000

2

9,000

4,000

13,000

3

7,000

4,000

11,000

4

6,000

4,000

10,000

5

5,000

4,000

9,000

6

4,000

4,000

8,000

7

3,000

4,000

7,000

8

3,000

4,000

7,000

9

2,000

4,000

6,000

10

2,000

4,000

6,000

11+

20,000

107,000

127,000

TOTAL

70,000

147,000

217,000

Disclaimer

14,000

Napier & Blakeley does not warrant the accuracy or completeness of the Information, and to the maximum extent permitted by law, does not accept any responsibility or liability for any loss suffered by any person or entity as a result of or in connection with error, inaccuracy, misrepresentation, incompleteness or similar defect in the Information and/or this report or any default, negligence or lack of care in relation to the preparation or provision of the Information and/or this report.

Division 40 Allowances

12,000

Division 43 Deductions

10,000

8,000

© Copyright Napier & Blakeley Pty Ltd ACN 006 386 278 ATF Napier & Blakeley Unit Trust ABN 87 601 474 307. All rights reserved. Reproduction, distribution or transmission of this report is prohibited.

6,000

4,000

2,000

0

1

2

3

4

5 6 Year

7

8

9

10

Basis of estimated allowances 1 The purpose of this report is to provide a broad independent indication of capital allowances and capital works deductions available to a purchaser of the above property. The figures should be used for preliminary tax planning purposes only.

2 In the absence of information as to the tax status of the property owner, we have assumed that the allowances will be available and be of benefit to the owner.

3 The Allowances provided above are based on our interpretations of the Income Tax Assessment Act 1997 (ITAA 1997), tax cases and tax rulings, all as current at the date of this report and on our understanding of the Commissioner of Taxation's 4 The estimated depreciating assets allowances (Division 40) has been based on a reasonable attribution of the purchase price and for capital works deductions (Division 43), historical cost has been assessed. We have been supplied with an Anticipated Purchase Price, which has been accepted in good faith. Apportionment for Land has been based on an estimated Improved Land Value. The estimated Allowances above are subject to change if these values differ to that provided.

5 The above estimate is based on the assumption that there are no specific apportioned values prescribed in the Contract of Sale and the depreciation assets will be able to be depreciated on the basis of a reasonable attribution of the purchase price (Section 40-195 ITAA 1997).

6 These figures are of a general nature and should not be applied or acted upon unless supported by specific advice, they CANNOT be used for tax return purposes. Depreciation of Depreciating Assets has been based on the DIMINISHING VALUE METHOD and the Division 43 Allowances are calculated on the PRIME COST METHOD. A claim will be dependent on a purchaser's tax position.

SPECIFIC ADVICE IS AVAILABLE BY TELEPHONING JOHN MATHEW on 03 9915 6300 30420800780/J48164 JM Sydney +61 2 9299 1899

Melbourne +61 3 9915 6300

Brisbane +61 7 3221 8255

Perth +61 8 9489 4895

NOT ACCEPTABLE FOR TAX RETURNS

Singapore +65 6550 9642

Adelaide +61 8 8274 3760 43-51 King Street Airport West VIC File Ref: 30420800780/J48164 - JM 10 June 2021

Page 4

WWW.CVA.MELBOURNE

68

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

INDICATIVE DEPRECIATION SCHEDULES UNIT 20

Level 5, 171 Collins Street Melbourne VIC 3000 T 03 9915 6300 F 03 9915 6399 E melbinfo@napierblakeley.com napierblakeley.com

1.

Indicative Property Tax Allowances Report

This report is dated 10 June 2021 and has been prepared to highlight the potential capital allowances available to the purchasers of: Unit 20 43-51 King Street, Airport West VIC

10 June 2021 File Ref 30420800780/J48164 Ian Angelico CVA Property Consultants Pty Ltd 18-20 Russell Street MELBOURNE VIC 3000 Dear Sir, Indicative Property Tax Allowance Schedules Unit 20 43-51 King Street, Airport West VIC Further to our recent discussions we have pleasure in enclosing our preliminary report on tax depreciation allowances for the purchase of the above property.

We have based our calculations on the following information based on discussions between Ian Angelico of CVA Property Consultants Pty Ltd and John Mathew of Napier & Blakeley Pty Ltd. Anticipated purchase price

Not disclosed

Land value

Not disclosed

Please note that the enclosed indicative figures have been produced in accordance with the Income Tax Assessment Act 1997 and Tax Ruling 2020/3. TR 2020/3 is an unofficial consolidated table of effective lives for depreciating assets effective 1 July 2020.

The figures should be used for preliminary tax planning purposes only. In the absence of information as to the status of the owner of the property for depreciation purposes, we have assumed that the allowances will be available and be of benefit to the owner. The estimated figures supplied cannot be used in a tax return.

As Quantity Surveyors specialising in the field of property tax allowances, Napier & Blakeley Pty Ltd have prepared the following tables to highlight the approximate level of allowances available to the purchasers of the above property.

We have assumed that the owner will be entitled to claim available Division 40 Capital allowances & Division 43 Capital works deductions.

The figures contained in these reports reflect the allowances available under the legislation in force as at the date of preparation of the reports. Division 40 Capital allowances are calculated on the diminishing value method.

Assuming that there are no restrictive clauses in the Contract of Sale the depreciating assets will be able to be depreciated on the basis of a reasonable attribution of the purchase price (Section 40-195 ITAA 1997). Depending on the date the building commenced construction, a capital works deduction will be available based on the historical cost of construction having deducted non-qualifying expenditure, and notionally depreciating the qualifying expenditure to the date of settlement.

It is worth noting that should the advised purchase price or land value change, then the value of the capital allowances will also change.

For further information or clarification of this report please contact John Mathew of this office.

This report is intended only to give a guide to the likely level of allowances claimable. It has been based on a preliminary appraisal of information provided. Final schedules will be necessarily based on the actual sale price.

Should you require any further information please do not hesitate to contact John Mathew of this office.

Yours faithfully

Napier & Blakeley Pty Ltd

43-51 King Street Airport West VIC File Ref: 30420800780/J48164 - JM 10 June 2021

69

43 -51 KING STREET, AIRPORT WEST

Page 2

Napier & Blakeley Pty Ltd ACN: 006 386 278 Level 5 171 Collins Street Melbourne VIC 3000

2.

T 03 9915 6300 F 03 9915 6399

This report is the opinion of Napier & Blakeley Pty Ltd ACN 006 386 278 ATF Napier & Blakeley Unit Trust ABN 87 601 474 307 (Napier & Blakeley) and is to be read together with and is subject to the term and conditions of our engagement. Our opinions in this report are based on the information referred to in this report that has been made available to us by or on behalf of the addressee (Information).

www.napierblakeley.com

Unit 20 43-51 King Street

Airport West VIC

Napier & Blakeley has not obtained independent verification of the Information. As such, our opinion may be different if the Information is incorrect or inaccurate in any way. This report was prepared solely for the addressee and its use is limited to the purpose for which it was provided.

No third party may rely on this report without first obtaining the prior written consent of Napier & Blakeley.

Indication of capital allowances deductions Prepared Preparedfor: for:

CVA Property Consultants Pty Ltd

Estimated Allowances Estimated Allowances Year

Estimated Allowances

Division 40

Division 43

Annual

Allowances

Deductions

Totals

$

$

$

1 ( 364 days )

7,000

4,000

11,000

2

7,000

4,000

11,000

3

5,000

4,000

9,000

4

4,000

4,000

8,000

5

4,000

4,000

8,000

6

3,000

4,000

7,000

7

3,000

4,000

7,000

8

2,000

4,000

6,000

9

2,000

4,000

6,000

10

2,000

4,000

6,000

11+

15,000

103,000

118,000

TOTAL

54,000

143,000

197,000

Disclaimer

12,000

Napier & Blakeley does not warrant the accuracy or completeness of the Information, and to the maximum extent permitted by law, does not accept any responsibility or liability for any loss suffered by any person or entity as a result of or in connection with error, inaccuracy, misrepresentation, incompleteness or similar defect in the Information and/or this report or any default, negligence or lack of care in relation to the preparation or provision of the Information and/or this report.

Division 40 Allowances Division 43 Deductions

10,000

8,000

© Copyright Napier & Blakeley Pty Ltd ACN 006 386 278 ATF Napier & Blakeley Unit Trust ABN 87 601 474 307. All rights reserved. Reproduction, distribution or transmission of this report is prohibited.

6,000

4,000

2,000

0

1

2

3

4

5 6 Year

7

8

9

10

Basis of estimated allowances 1 The purpose of this report is to provide a broad independent indication of capital allowances and capital works deductions available to a purchaser of the above property. The figures should be used for preliminary tax planning purposes only.

2 In the absence of information as to the tax status of the property owner, we have assumed that the allowances will be available and be of benefit to the owner.

3 The Allowances provided above are based on our interpretations of the Income Tax Assessment Act 1997 (ITAA 1997), tax cases and tax rulings, all as current at the date of this report and on our understanding of the Commissioner of Taxation's 4 The estimated depreciating assets allowances (Division 40) has been based on a reasonable attribution of the purchase price and for capital works deductions (Division 43), historical cost has been assessed. We have been supplied with an Anticipated Purchase Price, which has been accepted in good faith. Apportionment for Land has been based on an estimated Improved Land Value. The estimated Allowances above are subject to change if these values differ to that provided.

5 The above estimate is based on the assumption that there are no specific apportioned values prescribed in the Contract of Sale and the depreciation assets will be able to be depreciated on the basis of a reasonable attribution of the purchase price (Section 40-195 ITAA 1997).

6 These figures are of a general nature and should not be applied or acted upon unless supported by specific advice, they CANNOT be used for tax return purposes. Depreciation of Depreciating Assets has been based on the DIMINISHING VALUE METHOD and the Division 43 Allowances are calculated on the PRIME COST METHOD. A claim will be dependent on a purchaser's tax position.

SPECIFIC ADVICE IS AVAILABLE BY TELEPHONING JOHN MATHEW on 03 9915 6300 30420800780/J48164 JM Sydney +61 2 9299 1899

Melbourne +61 3 9915 6300

Brisbane +61 7 3221 8255

Perth +61 8 9489 4895

NOT ACCEPTABLE FOR TAX RETURNS

Singapore +65 6550 9642

Adelaide +61 8 8274 3760 43-51 King Street Airport West VIC File Ref: 30420800780/J48164 - JM 10 June 2021

Page 4

WWW.CVA.MELBOURNE

70

THE PROJECT

THE BUILDING

THE CONSTRUCTION

THE FINANCIALS

MARKETING AGENTS

71

CRAIG MCKELLAR

IAN ANGELICO

LUCA ANGELICO

0431 892 780

0418 336 088

0447 772 782

craig.mckellar@cva.melbourne

ian.angelico@cva.melbourne

luca.angelico@cva.melbourne

43 -51 KING STREET, AIRPORT WEST