GLENROY
Profile7 - Design & Production
MELBOURNE
© 2012
85-87 View Street
PROJECT SUMMARY Project Address
85-87 View Street, GLENROY MELBOURNE, Victoria 3046
Project Location
Approx 14 kms from Melbourne CBD
Project Description
Boutique development of 8 dwellings 6 Double Storey Townhouses 2 Villa Units
Outgoings
Body Corporate: $674.40pa (approx) Council Rates: $900pa (approx)
Construction Commencement
April 2012
Completion
October 2012
Settlement
November 2012
Architect
Time Architects
Builder
Décor Property Group
AREA ANALYSIS Unit
Levels
Beds
Bath
Car Space
Total m2
1
2
3
1
Garage
125
$480,000 $429,000
2
2
3
2
Car Port
115
$470,000 $429,000
3
2
2
1
Car Port
95
$430,000 $399,000
4
2
2
1
Garage
101
$440,000 $399,000
5
1
1
1
Garage
81
6
2
2
1
Car Port
99
$425,000 $399,000
7
2
2
1
Car Port
98
$425,000 $399,000
8
1
2
1
Car Port
88
$430,000 $399,000
Valuation
SOLD
Price
Glenroy Train Station
SOLD
QUICK FACTS • Municipality: Moreland • Population:
24,897 (Residex 2012)
• Total number of dwellings in the suburb 9,445 • 14 kms to Melbourne CBD • Easy access to Western Ring Road and approximately 15mins to Melbourne Airport • Walking distance to bus stop, train station, primary schools, secondary schools, child care facilities, shops, parks, library, cafes and restaurants Profile7 - Design & Production
• Capital growth in median prices (townhouses) last 3 years is 29.9% (Residex 2012) • Last quarter median rental yield was 4.8% (Residex 2012) • November 2011 weekly rental growth was 5% (Residex 2012)
85-87 View
© 2012
• Current percentage of suburb properties on the market 2.21% (Residex 2012)
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THE INVESTMENT
AREA SNAPSHOT
With a focus on providing the best value 5 star townhouses at 85-87 View St goes beyond expectation to offer astute buyers the perfect opportunity to secure a sound, lifestyle investment both for living in or investment, perfectly positioned to take full advantage of the consistent annual growth across Glenroy.
Glenroy is a suburb in Melbourne, Victoria, Australia, 14km north from Melbourne’s central business district. It’s Local Government Area is the City of Moreland.
THE DEVELOPMENT These architecturally designed ultra modern townhouses are built by Melbourne’s most reputable builders with a track record of high end builds that must be seen to be believed!
Glenroy is located in the north west of the Moreland municipality, and is bound by the Western Ring Road in the north, the Moonee Ponds Creek in the West, New Road, Victoria Street and Rhodes Parade in the south and West Street, Hilton Street, Box Forest Road and Upfield railway line in the east. Prominent features include the private Northern Golf Club and a major retail district centered around the Glenroy railway station.
The open plan living zones are spoiled with luxury features and fittings. The full “Turn Key” properties feature Caesar stone bench tops, gleaming bathrooms, Stainless Steel appliances, carpets, blinds, reverse cycle duct heating/cooling or reverse cycle split systems with panel heaters to bedrooms, one of wither solar panels or water tanks with landscaping and driveways.
STATISTIC
GLENROY
With a modern façade this stylish and classy executive townhouse has more than just sophistication to it...
Population
24,897
All townhouses offer quality fixtures and fittings throughout, have generous open spaces, low maintenance gardens and are energy efficiency compliant.
The popularity of the suburb is largely due to it’s proximity to the CBD which has caused an increase in demand for homes in the area and, as a result, foreseen significant price growth.
Largest Statistical Group Couples with Children
28.40%
Household Occupancy - Owned Outright
43.10%
Age - Sex Ratio
30 - 39 years
Profile7 - Design & Production
Pascoe Vale Road, Glenroy
85-87 View St
85-87 View
© 2012
Glenroy, Melbourne VIC 3046
03
Developer THE DEVELOPER’S VISION Over 15 years ago I had a vision to create the finest property company in Melbourne. What motivated me was the excitement of shaping an organisation that excels on every level. That still drives me today. My company’s aim is to be the best, we strive to shine in every area of our business, continually reinventing our self as we find better ways to achieve our goals. We are a learning organization and regularly review our structure, systems and processes, asking ourselves: How can we improve our service to our clients in every way? All this is supported by a dedicated team of professionals and is committed to total awareness and satisfaction.
Architect THE ARCHITECT Time Architects are committed to producing innovative and cutting edge architecture through design excellence. The team accepts the challenges associated with making projects a reality, by working designs through a process of rethinking and collaboration.
Builder THE BUILDER Profile7 - Design & Production
For over one decade, Décor Property Group has been delivering projects of the highest quality to the marketplace.
© 2012
From inception as a producer of luxury homes, the company has grown to become a speciality apartment builder.
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Artistic Impression
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85-87 View
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EXTERNAL FEATURES
INTERNAL FEATURES Ceiling Heights
As per working drawings
Natural colour rolled joints
Room Doors
Flush panel
Light Weight Cladding
Weatherboard / lightweight cladding and/or Rendered Harditex Blue board to first floor as per plans
Moulding
Skirtings: Half splay 67mm high PMDF Architraves: Half splay 67mm wide PMDF
Blinds
Holland Blinds or similar installed to all windows (excluding frosted glazed windows)
Roof Cover
Tiles: concrete roof tiles Metal: Colorbond corrugated sheet roof or Zincalume tray deck
Roof Plumbing
Colorbond fascia, barge & guttering Colorbond downpipes
Front Entry
Feature entry door or as indicated on plan
Door Furniture
Front Door: Trilock or similar External Hinged Doors: Trilock or similar Door Stop: Air cushion
Entry Frame
Front Entry: Timber All External Hinged Doors: Timber
Brickwork
Clay bricks
Mortar Joints
Windows
Power coated aluminium awning/sliding windows including locks as indicated on plans
Window Coverboards
Acrylic powder coated
FRAMING Walls
90mm thick stabilized timber frame throughout
Roof
Stabilized timber roof trusses
HEATING / COOLING Reverse Cycle gas ducted heating/cooling to bedrooms & living areas (excluding wet areas). OR
Reverse cycle split system
SUSTAINABLE ENERGY Solar Hot Water
Gas mains pressure hot water unit with single solar collector
OR Rain Water Tank
2000 ltr slimline tank with pump fitted (in accordance with energy rating)
APPLIANCES Cook Top
Stainless Steel 600mm gas
Rangehood
Stainless Steel 600mm slide out
Oven
Stainless Steel 600mm under bench
Dishwasher
Stainless Steel 600mm
INSULATION Ceiling
Batts to house as per energy rating report
External Walls
Batts (including party wall between house & garage) plus weather wrap to ground & first floor, joins in weather wrap to be taped & gaps around windows/doors sealed as per energy rating report
Party Walls
Acoustic glass wool insulation/sona batts to firewall shaftliner system
PLASTER
KITCHEN
- Dulux Wash and Wear interior / exterior paint as required - 2 coat application
Stainless Steel
Tap
Chrome flip mixer tapware
Draw
Easy clean cutlery tray fitted to drawer
Refrigerator Provision
As indicated on plans
BATHROOM / ENSUITE / POWDERROOM / WC Mirrors
Frameless mirrors over vanity units
Basins
White poly-marble with chrome waste
Bath
White acrylic with chrome waste
Shower Screens
Semi frameless with pivot door & clear laminate glass
Taps & Outlets
Chrome tapware
Shower Outlet
Chrome finish
Toilet Suite
White toilet suite with concealed waste & dual flush cistern & chrome mini cistern stop tap
Accessories
Chrome finish towel rails & toilet roll holders 07
Profile7 - Design & Production
PAINT WORK
Sink
Š 2012
- 10mm plaster for walls - 10mm Unispan to ceiling - Steel battens to ceiling (where required) - Square set or 75mm cove cornice
PLUMBING
FLOOR COVERINGS
Trough & Cabinet
Stainless Steel (single bowl) with bypass & white metal cabinet underneath OR Single Stainless Steel inset bowl with fully lined modular cabinet & 20mm Caesar Stone bench top
Tapware
Chrome tapware
Electrical
Double power outlet to washing machine
ELECTRICAL Power Points
Doubles throughout
Internal Light
Low voltage downlights throughout entry, meals, family living, lounge & kitchen & batten holders to the remainder
External Light
External lighting to exit points
Switch Plates
White wall mounted switches
Smoke Detector
Hardwired with battery backup
Exhaust Fans
Ceiling exhaust fans to WC & laundry & IXL heating ceiling exhaust fans fitted to bathrooms
TV Points
Two points
TV Antenna
Supplied & fitted
Telephone Point
Two points
Safety Switch
RCD safety switch & circuit breakers
TILING
Bedrooms
Quality carpets with underlay
Other Areas
Builder’s range floor tiles or timber floorboards to entry, kitchen, meals, living & hallways
Staircase
Quality carpets to treads & rises
STORAGE Shelving
White melamine shelving with hanging rail
Robe Doors
Quick slide sliding doors to bedroom robes or flush panel hinged door(s)
Handles
Builder’s range
LANDSCAPING - Soft landscaping including small shrub style plants, chip bark or mulch on garden beds - Pebble toppings and/or liliydale toppings - Letterbox installed in accordance with style of dwelling with house number - Timber paling fence dividing dwellings - Clothesline (builder’s range) - Concrete driveways, porch & path to front door - Cross over & permits GARAGE / CARPORT - Remote controlled garage doors - Corinthian weatherproof flush panel access doors to laundry exists OR - Single car space carport
Wall Tiles
Builder’s range wall tiles
External Pedestrian Door
Floor Tiles
Floor tiles to laundry, bathroom, ensuit, powder room(s) & water closets
Internal Access Door
Skirting Tiles
Floor or wall tiles to laundry, bathroom, ensuite, powder room(s) & water closets
CLEANING
Kitchen Splash Backs
Featured tiles to kitchen splash back
Door Frame: Timber or metal frame Door: Weatherproof flush panel door Door Frame: Timber or MDF Door: Flush panel Door Furniture:
Detailed builders clean to inside & outside prior to hand over
Profile7 - Design & Production
LAUNDRY
© 2012
External taps (where required)
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BODY CORPORATE SCHEDULE
Glenroy Train Station
Proposed Levy Schedule Owners Corporation PS706413P
85-87 View Street, GLENROY Victoria 3046
Lot
Unit Entitlement
Quarterly Total
Council Rates
1
10.oo
168.60
$900pa
2
10.oo
168.60
$900pa
3
10.oo
168.60
$900pa
4
10.oo
168.60
$900pa
5
10.oo
168.60
$900pa
6
10.oo
168.60
$900pa
7
10.oo
168.60
$900pa
8
10.oo
168.60
$900pa
Glenroy College
DISCLAIMER: Whilst we have taken great care in compiling this information, we make no warranty or promise as to its accuracy. The information contained within the document has been collated from numerous sources and is accurate at the time of collation. Note that all costings, projections or financial examples listed above simply illustrate the outcome calculated from the input values and the assumptions contained in the model. Hence the figures can be varied as required and are in no way intended to be a guarantee of future performance. This is not Investment Advice - It is suggested that prospective investors seek independent financial advice from your own professional advisors whist considering the project.. Financial forecasts have been produced using industry standard financial software.
Glenroy Library
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Glenroy RSL
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Profile7 - Design & Production
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