Code Property - Yoolungan 159 Hodgens Road, Bald Knob QLD 4552

INFORMATION MEMORANDUM

Yoolungan

159 Hodgens Road, Bald Knob QLD 4552 PREPARED BY Code Property Group Unit 4, 9 Capital Place Birtinya QLD 4575 www.codepg.com.au

DISCLAIMER This property report has been prepared by CODE

• CODE PROPERTY GROUP, any of their respective

PROPERTY GROUP. This report is based on historical

employees and any person purporting to act on behalf of

records of the property. This report does not constitute

them, accept no personal liability to any interested party

an offer or contract of sale or any part of an offer of

whatsoever in relation to any aspects of the operation

contract of sale. It is intended only as a guide and an

and sale of the property; and

aid to further investigation by potential purchasers.

• no claim or demand will be made against CODE

Potential purchasers accept this report on the condition

PROPERTY GROUP, any of their respective employees or

that they will make their own enquiries and obtain their

any person purporting to act on behalf of them, for any

own independent advice in order to verify the accuracy of

liability whatsoever for or in relation to any aspect of

information presented in this report.

this report and the sale of the property.

Interested parties acknowledge that: • they do not rely on any statement, representation, warranty, condition or other conduct which may have

• subject to any law to the contrary, all terms, conditions, warranties and statements, whether express, implied, written, oral, collateral, statutory or otherwise, relating to this report and the sale of the property are excluded

been made by CODE PROPERTY GROUP, any agents or

and CODE PROPERTY GROUP, any of their respective

consultants of CODE PROPERTY GROUP, any of their

employees and any person purporting to act on behalf

respective employees or any person purporting to act on

of them, disclaim all liability in relation to the maximum

behalf of them; and

extent permitted by law.

• no representation is given by CODE PROPERTY GROUP,

• This report is for the sole use of persons directly

any of their respective employees and any person

provided with it by CODE PROPERTY GROUP and is

purporting to act on behalf of them, about the accuracy

not to be re supplied to any other person without the

of any information in this report or the property and they

prior written consent CODE PROPERTY GROUP. Use by,

do not express an opinion on the financial data relating

or reliance upon this report by any other person is not

to the properties (whether in this report or not) and no

authorised and CODE PROPERTY GROUP, any of their

warranty or representation of accuracy or reliability is

respective employees or any person purporting to act on

given; and

behalf of them, are not liable for any loss or damage of any kind whatsoever arising from such unauthorised use

• the property is sold in an “as is/where is” condition (that is, in its present condition and subject to all legal and physical defects). Interested parties must satisfy

or reliance.

Important

themselves about the property by doing their own

Prospective purchasers conduct due diligence

inspections, surveys, verifications, tests and searches;

investigations of the property strictly at their own expense

and

and risk, and the vendor will have no liability in relation to such expenses. Consent by the vendor to conduct,

• if an offer to buy the property is made, that person will

by any potential purchaser, due diligence activities or

be taken to have made their own enquiries about the

investigation will not in any circumstance be construed

property and not to have relied on any information in

as a representation that the vendor will be exercising

this report or any other representations made by CODE

or refraining from exercising its rights to deal with the

PROPERTY GROUP, any of their respective employees and

property or any representations that the vendor intends to

any person purporting to act on behalf of them; and

contract with that buyer, or at all.

Matt Glynn of Code Property Group proudly presents Yoolungan to the Thank you inviting me to your home showcasing to discuss how I mayof bethe ablemost to assist in the market – afor50-acre parcel of land some breathsales process.

When selling a home or investment property, there are 4 key matters taking views you will see anywhere, from the ridgetop of the iconic Glass for consideration: House Mountains, stretching through to the D’Aguilar Ranges.

The method of sale

The property’s improvements include a gracious fully restored The marketing strategy homestead, circa 1915 and extensive infrastructure that is suitable Choosing the right agent for you for use for a variety of income producing industries. Unlimited water Agent responsibilities and owner statutory obligations supply, rich fertile soil, and an existing permit to subdivide an 18-acre This proposal andfeatures our meeting parcel are also of today note. will address the key points and answer any questions you may have about the sales process. Our aim is to ensure you select

a sales method that best suits and you, tranquillity, your home andYoolungan your time frame.

Our extensive Boasting absolute privacy is absolutely ‘next experience, knowledge of the market and unrivalled marketing and negotiation level’ in prestigious semi-rural living; tucked away in a glorious leafyskills all enable us to find the right buyer for you and the best possible price. pocket of the spectacular Sunshine Coast hinterland, within 15 minutes We stand proudly beside our service driven brand with the aim of making sure the of the thriving townships of Maleny and Beerwah, 30-40 minutes to sale of your home is an easy and memorable experience and we look forward to you beaches, minutes tochoice Brisbane…you truly can have it all, idyllic appointingand us as70 your agent of today. country splendour without isolation.

Warm regards, Long-term owners have created a first-class rural retreat that offers elegant living in magnificent natural surrounds, with income-earning possibilities on a scale rarely found; offering an extraordinary lifestyle for the buyer that values choice, quality, serenity, and exclusivity.

Yoolungan is a property like no other.

For further information, please contact:

MATT GLYNN 0404 315 066 MATT GLYNN matt.glynn@codepg.com.au 0404 315 066 www.mattglynnproperty.com.au matt.glynn@codepg.com.au CONNECT

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TABLE OF CONTENTS Disclaimer

i

Introduction

ii

Executive Summary

1-2

Location Details

3

Location Map

4

Property Details Homestead Infrastructure Water

6 8 10

Income Producing Opportunities

11

Summary

12

Method of Sale

14

Conditions of Sale

16

Letter of Offer

18

Plans

Overall Layout 19 Water Plumbing Underground 20 Power Outlets 21 Overall Electrical 22 Cold Water 23 Power and Telephone Entry Points 24 Telephone Cables 25 Hot Water 26 Roof Drainage and Collector Storage 27 Power, Water & Phone Lines 28 Floor plan 29 Sub Division Approval Plans 30-31

Title Search

32

Rates

33

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[

EXECUTIVE SUMMARY

Brief Description 50-acres – mostly useable land with elegant homestead and extensive infrastructure, including caretaker’s accommodation, and unlimited water supply.

Property Address 159 Hodgens Road Bald Knob QLD 4552 Property Description Lot 1 Registered Plan 144151 State electorate of Glass House Federal division of Fisher Features 50 acres of land with meticulously restored homestead ‘Laughton’ circa 1915 on 60 metre high elevated ridge showcasing spectacular views of Glass House Mountains, 5 dams, 2 springs, 4 x sheds with 3-phase power and studio with council approved amenities (suitable as caretakers accommodation or rental potential) with separate entrance, and permit in place for 18-acre subdivision on the northern side of property (land could be sold off separately with its own title). Variety of viable income-producing opportunities could be effectively established.

Zoning Rural Method of Sale Public Auction Onsite June 15th, 2019 at 8.45am

Contact Details Code Property Group Matt Glynn M: 0404 315 066 E: matt.glynn@codepg.com.au

2

LOCATION

DETAILS

Bald Knob is a rural acreage belt on the Blackall Range framed by national forest on the southern side of the Sunshine Coast hinterland, 78 kilometres north of Brisbane, and approximately 15-minutes’ drive to bustling townships of Beerwah and Maleny with their many amenities including schools, supermarkets, medical centres, sporting facilities, dining, galleries, parks, rail to Brisbane (Beerwah), and more.

Enjoying healthy annual rainfall; the climate is pleasant with residents benefiting from cooling breezes and generally cooler temperatures than many other parts of south-east Queensland.

The scenery within and around Bald Knob is spectacular – its elevation offers some of the regions most stunning views, and the drive to reach most residences is breathtakingly scenic…it is lush, with a blend of dense treed vegetation/forest and open pastures.

Bordering Diamond Valley, Maleny Forest Reserve, Mooloolah Forest Reserve and Crohamhurst State Forest, it is an idyllic lifestyle location for tree-changers, AgriCommerce enterprises, and Eco-Tourism ventures.

LOCATION

MAP

‘Yoolungan’ is tucked away in a prestigious acreage pocket on the northern side of Bald Knob, with the residence perfectly positioned on top of a ridge, at the highest point of the property, excavated by the current owner to accommodate the home and maximise the resplendent sweeping vista.

Accessed via a sealed road, with two driveways to enter the property – one to the homestead, one to the sheds (lower part of property); it boasts absolute privacy, serenity, and an outlook that is

so magnificent, it needs to be experienced first-hand to be truly appreciated. A gazetted road dissects the property, with an 18-acre parcel on the northern side accessed via this road and with a current permit in place for subdivision.

Brisbane’s CBD and International Airport is approximately a 70-minute drive and can also be reached by rail from Beerwah or Landsborough; and major Sunshine Coast amenities are within a 15-30-minute radius.

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PROPERTY DETAILS HOMESTEAD ‘Laughton’ – a 1915 Federation-style Queenslander moved to the site from Brisbane by current owners and meticulously restored with classic features of this vintage home including: High ceilings, VJ walls, double hung windows, ornate decorative plaster ceilings, French doors, hardwood timber floors, lead-lighting, clawfoot bath, verandah access from every room – 3 bedrooms – 2 bathrooms – Elegant modern kitchen – Formal & informal living areas – 450 square metre covered wraparound verandah – Office/sunroom – Double carport – 3-phase powered multipurpose room – Additional covered parking for visitors – Gazebo – Open terrace area with firepit

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PROPERTY DETAILS INFRASTRUCTURE 3 steel sheds 60x13x8m with 3-phase power + separate caretaker’s quarters with council approved amenities with space for 10 + vehicle storage Boundary fencing – Gazetted road intersecting northern part of property – Cattle yard with loading ramp – Underground power with 50 Amps of 3-phase power – 3 x 15 tonne steel frame galvanised grain silos – Pump house with diesel pump and piston pump delivering water to entire property – Council approved sewage system – Internal roads for easy access to any point of property – 4.7kva back-up generator wired to home – Water tanks (see water section)

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PROPERTY WATER

DETAILS

Unlimited free water supply, both rural and domestic, with approximately 16 million litres available at any time, fed by 100 inches of rainfall per annum, large shed catchment and four springs running at 35 litres per minute all year around.

– 7 dams in total, 12 million litres spring fed – 4 x large water storage tanks (2 gravity fed) –2 x 50,000 litre under-house water tanks supplying unlimited rainwater to residence –A dditional tank on ridge providing unlimited gravity fed spring water to house for gardens, toilets/laundry

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INCOME PRODUCING OPPORTUNITIES

Whilst current owners have used mainly as a lifestyle retreat in their retirement, there are virtually unlimited possibilities to generate an income from the property – both passive and active, from one major or a blend of uses. Only 5% of the acreage is rainforest, the rest is fully useable, and access around the property is established and effortless.

Possibilities could include (subject to relevant approvals): – Eco-tourism – Large-scale storage – variety of products (passive income) – Vineyard – Hydroponics – Poultry breeding – Livestock & agistment – Dairy production – Solar farming – Fish breeding/hatching – Medicinal cannabis – Tree, stag, elk production – Horticultural industries In addition, the manicured cottage style gardens around the homestead would make a beautiful venue for weddings, there is even a circular custom-built seat under a majestic fig tree, a romantic gazebo…and what about that stunning vista of the Glass House Mountains as a photo backdrop. The rear deck of the home is 5mx18m, faces the vista and is large enough to hold a substantial sized wedding reception.

The possibilities are endless…

SUMMARY

Yoolungan is a property like no other; from Laughton its stately homestead blending old-world class and grace with new-world comforts, the 50-lush fertile acres of rolling hills with open pasture and rainforest, unlimited water, extensive infrastructure with caretaker’s quarters, and multiple income-producing options‌not to mention its priceless picture-postcard perfect Glass House Mountain Vista. It truly stands apart.

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METHOD

OF

SALE

Public Auction

On Site, Saturday June 15 at 8.45am 159 Hodgens Road Bald Knob Qld 4552

Agent: Matt Glynn Code Property Group

PO Box 1124 Buddina Qld 4575

M 0404 315 066 E matt.glynn@codepg.com.au

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CONDITIONS

OF

SALE

GST ANNOUNCEMENT AND CLARIFICATION At auction the Auctioneer will announce in clear terms: 1. If GST is to apply or not; and 2. Once of the follow applicable GST clauses

IF THE SELLER IS NOT REGISTERED FOR GST: The property is offered for sale on a GST inclusive basis - which mean the knock down price is the sale price.

IF THE SELLER IS REGISTERED FOR GST: - The property is offered for sale on a GST exclusive basis - which means the knock down price attracts GST at 10% of the selling price; or - The property is offered for sale under the Margin Scheme - which means the knock down bid is the sale price and GST payable by the seller is 1/11 of the margin.

CONDITIONS OF SALE BY PUBLIC AUCTION FOR REAL PROPERTY 1. The highest approved Bidder will be the Buyer subject to: a. the reserve price; if any; and b. the Seller’s approval 2. A cooling off period does not apply.

3. Finance clause has been deleted from the Contract of Sale.

4. Building, Pest Inspection and Pool Safety clauses have been deleted from the Contract of Sale.

5. A ll Bidders must be registered. The Auctioneer may register a person as a Bidder only if the person has provided his/her name and address and satisfactory evidence of his/her identity.

6. B ids will only be accepted from registered Bidders.

7. B idders must use the numbered identifier provided by the Auctioneer to make a bid during the auction.

8. T he Seller may bid, either personally or by a representative.

If the Seller or their representative bids for the property the Auctioneer must announce to all of the other Bidders that the bid is made on behalf of the Seller.

9.0 T he Bidder warrants their ability to enter and complete the Contract of Sale in accordance with its terms.

10. A ny person bidding on behalf of another person must provide the Auctioneer with a copy of their written authority before the auction; otherwise the Bidder will be taken to be acting on their own behalf.

11. The Auctioneer has the discretion to refuse to accept any bid from any person. A bid will be taken to be accepted and irrevocable unless the Auctioneer, immediately after it is made, refuses it.

12. T he decision of the Auctioneer is final in all matters relating to the auction and no Bidder has any right of recourse against the Auctioneer or the Seller.

13. Without affecting condition 12, if there is any dispute over a bid, the Auctioneer may; a. re-open the bidding and resubmit the property for sale starting with the highest bid previously accepted; or b. d etermine the dispute in any other way the Auctioneer considers appropriate in his/her absolute discretion.

14. Immediately on the fall of the hammer, the Bidder of the highest bid accepted must sign, as Buyer, the Contract of Sale in the form displayed or circulated with these Conditions of Sale and pay the deposit to the nominated Deposit Holder.

15. The deposit payable under the Contract of Sale is 10% of the successful bid or any other percentage or figure nominated in the Contract of Sale.

16. The Seller and the Buyer agree to sign all documents and do everything else necessary to transfer the property to the Buyer. The Seller and the Buyer each appoint the Auctioneer their agent to sign the Contract of Sale on their behalf.

This appointment is non-revocable.

17. If the Buyer does not pay the deposit, at the Seller’s option: a. the result of the auction will be treated as invalid and the property may be resubmitted to public auction at the risk and expense of that Buyer; or b. the Seller may affirm the Contract of Sale and pursue their legal and other remedies against the Buyer as they see fit.

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LETTER OF OFFER (Prior to Auction) I/We: of (address): Mobile/contact phone: (   )         Email address:

I/we wish to make an offer to purchase on the property located at: 159 HODGENS ROAD, BALD KNOB QLD 4552 The offer to purchase is as follows: Purchase Price: $ Deposit: $ Settlement: Solicitor: Conditions:

 Buyer/s Signature

Date:

/

/

 Buyer/s Signature

Date:

/

/

 Vendor/s Signature

Date:

/

/

 Vendor/s Signature

Date:

/

/

I/We:

being the vendors/s of the above-mentioned property hereby ACCEPT / DECLINE the above offer.

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2mil litre DAM

1

5mil litre LARGE DAM 1mil litre DAM

MOU

NT BL

UNDER HOUSE TANKS

ANC

OVERHEAD POWER CABLES 159 HODGENS ROAD MAIL BOX

ROAD

CAR PORT GAMES ROOM

NATIONAL GRID POWER TOWER

25000L PVC TANK

HOD

GEN

S RO

AD

LAUGHTON HOMESTED

CATTLE YARD 2mil Litre Dam

CONCRETE TANK 3.0t GRAIN SOLO'S

10-12mil SPRING FED DAM

SH 60 ED m 4

SH 60 ED m 5 SH 60 ED m 6

FUTURE PIG PEN THE GUNYAH LIVING (30x25m) SPRING FED 1mil DAM PUMP HOUSE 1mil DAM

OVERALL LAYOUT PLAN

2mil litre DAM

2

5mil litre LARGE DAM 1mil litre DAM

MOU

NT BL

ANC

OVERHEAD POWER CABLES 159 HODGENS ROAD MAIL BOX

ROAD

NATIONAL GRID POWER TOWER UNDER HOUSE TANKS

CAR PORT

RIDGE 25000L TANK

HOD

GEN

S RO

AD

LAUGHTON HOMESTED

CATTLE YARD 2mil Litre Dam

CONCRETE TANK 5.0t GRAIN SOLO'S

10-12mil SPRING FED DAM

SH 60 ED m 4 TAPS

SH 60 ED m 5 SH 60 ED m 6 FUTURE PIG PEN THE GUNYAH LIVING (30x25m) SPRING FED 1mil DAM PUMP HOUSE 1mil DAM

UNDERGROUND WATER LINE (50mm POLY) TANK

GATE VALVE

WATER PLUMBING UNDERGROUND 20

3A

WINDOWS

WINDOWS

DOORS

BEDROOM 1

BEDROOM 2

DOORS

OUTDOOR POWER POINT

PIANO ROOM

WINDOWS

BI-FOLD DOORS WEST WING EAST WING

LOUNGE ROOM

DOORS

BATHROOM 1

WINDOWS BATHROOM 2

WINDOW

LAUNDRY

KITCHEN BEDROOM 3

DINING

WINDOW

WINDOWS DOORS WINDOWS

LANDING

BI-FOLD DOORS

RAMP

SLOPE

POWER OUTLETS

3B

MAIN POWER UNDERGROUND 3P/H 50 AMPS

MAIN ELECTRICAL BOARD

BEDROOM 2 BEDROOM 1

PIANO ROOM

WEST WING

LOUNGE ROOM

BATHROOM 1

EAST WING

BATHROOM 2

KITCHEN

LANDING

LIGHT SWITCHES

BEDROOM 3 DINING

RAMP

POWER POINTS

LIGHTING

SLOPE

SMOKE DETECTORS

OVERALL ELECTRICAL 22

4

TAP

40mm POLLY PIPE GRAVITY FED

TAP

W/C

W/C

WASHING MACHINE TAP

240V PUMP TAP

SHUT OFF GRAVITY SPRING

UNDER HOUSE TANK STORAGE

UNDER HOUSE TANKS

TAP

TAP

KITCHEN

LANDING

RAMP

COLD WATER

SLOPE

5

SPARE 2 PARE PHONE

NEW POWER

50AMP PER 3P/H UNDERGROUND

15AMP DISCONNECTED LINES

TELECOM LINE

TELEPHONE 10 PARE

POWER AND TELEPHONE ENTRY POINTS 24

2mil litre DAM

6

5mil litre LARGE DAM 1mil litre DAM

MOU

NT BL

ANC

OVERHEAD POWER CABLES 159 HODGENS ROAD MAIL BOX

ROAD

2 PARE UNDER HOUSE TANKS

CAR PORT

NATIONAL GRID POWER TOWER

RIDGE

S RO

AD

LAUGHTON HOMESTED

HOD

GEN

10 PARE CATTLE YARD 2mil Litre Dam

CONCRETE TANK 3.0t GRAIN SOLO'S

10-12mil SPRING FED DAM

SH 60 ED m 4 SH 60 ED m 5 SH 60 ED m 6 FUTURE PIG PEN

TELECOM PITS

THE GUNYAH LIVING (30x25m) SPRING FED 1mil DAM PUMP HOUSE 1mil DAM

TELEPHONE CABLES

7

BATH CONNECTION SINK CONNECTION SINK CONNECTION

SHOWER CONNECTION

PUMP UNDER HOUSE WATER HEATER

UNDER HOUSE STORAGE TANKS KITCHEN SINKS

HOT WATER 26

8 DP

DP

DP

DP

DP DP

DIVERTER TO GROUND

DP

DP

DP

DP

2 x 25 KL TANKS

DP

DP

DP

DP

DP

DP

ROOF DRAINAGE AND COLLECTOR STOAGE

9

2mil litre DAM

5mil litre LARGE DAM 1mil litre DAM POWER 3 PHASE 50 AMPS PER PHASE TO ALL AREAS UNDERGROUND TO HOMESTED AND GUNYAH, ALL SHEDS

MOU

NT BL

UNDER HOUSE TANKS

ANC

CAR PORT

OVERHEAD POWER CABLES 159 HODGENS ROAD MAIL BOX

ROAD

POWER POLE

UG

3P/H 50 AMPS RIDGE

LAUGHTON HOMESTED

15 AMP 3P/H DISCONNECTED POWER WITH 10PR PHONE 2mil LitreCABLE Dam - WATER LINE

UG

CATTLE YARD

S RO HOD

GEN

25k/L WATER TANK

AD

3P/H SUB BOARD

CONCRETE TANK

UG 3.0t GRAIN SOLO'S

10-12mil SPRING FED DAM

UG

SH 60 ED m 4 SH

60 ED m 5

OH

SPRING FED 1mil DAM PUMP HOUSE 1mil DAM

UG

3 P/H 50 AMPS

UG OH

THE GUNYAH LIVING (30x25m)

UG

OH

SH 60 ED m 6 FUTURE PIG PEN

MAIN POLE ENERGEX

10 PR PHONE 2 PR PHONE AUX UNDERGROUND CABLE 50mm WATER LINE

POWER, WATER AND PHONE LINES 28

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CURRENT TITLE SEARCH

NATURAL RESOURCES, MINES AND ENERGY, QUEENSLAND Request No: 30574934 Search Date: 12/02/2019 14:19 Title Reference: 15460236 Date Created: 10/12/1975 Previous Title: 11103184 REGISTERED OWNER Dealing No: 706692925

12/06/2003

CLIFFORD RALPH HALE CAROLYN JOAN HALE

JOINT TENANTS

ESTATE AND LAND Estate in Fee Simple LOT 1

REGISTERED PLAN 144151 Local Government: SUNSHINE COAST

For exclusions / reservations for public purposes refer to Plan RP 144151 EASEMENTS, ENCUMBRANCES AND INTERESTS 1. Rights and interests reserved to the Crown by Deed of Grant No. 10911064 (POR 118V) 2. EASEMENT IN GROSS No 601337868 (E707236) BURDENING THE LAND TO QUEENSLAND ELECTRICITY COMMISSION OVER EASEMENT B AND C ON RP141401

22/02/1974

3. TRANSFER No 703440154 08/07/1999 at 08:15 EASEMENT IN GROSS: 601337868 (E707236 ) QUEENSLAND ELECTRICITY TRANSMISSION CORPORATION LIMITED A.C.N. 078 849 233 4. MORTGAGE No 711700223 04/06/2008 at 16:23 COMMONWEALTH BANK OF AUSTRALIA A.B.N. 48 123 123 124 ADMINISTRATIVE ADVICES - NIL UNREGISTERED DEALINGS - NIL CERTIFICATE OF TITLE ISSUED - No Caution - Charges do not necessarily appear in order of priority ** End of Current Title Search ** COPYRIGHT THE STATE OF QUEENSLAND (NATURAL RESOURCES, MINES AND ENERGY) [2019] Requested By: D-ENQ CREDIT WORKS AUSTRALIA

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Thank you for inviting me to your home to discuss how I may be able to assist in the sales process. When selling a home or investment property, there are 4 key matters for consideration: The method of sale The marketing strategy Choosing the right agent for you Agent responsibilities and owner statutory obligations This proposal and our meeting today will address the key points and answer any questions you may have about the sales process. Our aim is to ensure you select a sales method that best suits you, your home and your time frame. Our extensive experience, knowledge of the market and unrivalled marketing and negotiation skills all enable us to find the right buyer for you and the best possible price.

We stand proudly beside our service driven brand with the aim of making sure the sale of your home is an easy and memorable experience and we look forward to you appointing us as your agent of choice today.

Warm regards,

MATT GLYNN 0404 315 066 MATT GLYNN matt.glynn@codepg.com.au 0404 315 066 www.mattglynnproperty.com.au matt.glynn@codepg.com.au CONNECT

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