28 Eleanor St FOOTSCRAY

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FOOTSCRAY

Profile7 - Design & Production

MELBOURNE

© 2012

28 Eleanor St


PROJECT SUMMARY

Highpoint Shopping Complex

Project Address

28 Eleanor Street, FOOTSCRAY MELBOURNE, Victoria 3011

Project Location

Approx 9 kms from Melbourne CBD

Project Description

Boutique development of 8 dwellings Triple Storey Townhouses

Outgoings

Body Corporate: $757.60pa (approx) Council Rates: $1,000pa (approx)

Construction Commencement

January 2012

Completion

August 2012

Settlement

September 2012

Architect

MAP Design & Architecture

Builder

Décor Property Group

PRICE & AREA ANALYSIS Unit Levels Beds Bath

Car Space

Total m2 Valuation

Price

1

3

2

1

Garage

108

$525,000 $525,000

2

3

2

1

Garage

105

$500,000 $499,900

3

3

2

1

Garage

105

$500,000 $499,900

4

3

2

1

Garage

105

$500,000 $499,900

5

3

2

1

Garage

105

$500,000 $499,900

6

3

2

1

Garage

105

$500,000 $499,900

7

3

2

1

Garage

105

$500,000 $499,900

8

3

2

1

Garage

100

$500,000 $499,900

Victoria University

Footscray Train Station

QUICK FACTS • Municipality: Maribyrnong • Population:

23,370 (Residex 2012)

• Total number of dwellings in the suburb 8,950 (Residex 2012) • 9kms to Melbourne CBD • Easy access to Melbourne CBD • Rated as top 10 suburbs that rose (The Age – Nov 2011) • Close to Footscray West train station, Victoria University of Technology, Maribyrnong River, Flemington Showgrounds, Highpoint Shopping Complex, galleries and theatres • Walking distance to Western Hospital, bus stop, tram stop, primary schools, secondary • Capital growth in median prices (townhouses) last 3 years is 32.4% (Residex 2012) • Last quarter median rental yield was 5.6% (Residex 2012) • November 2011 weekly rental growth was 5% (Residex 2012) • Current percentage of suburb properties on the market 2.79% (Residex 2012)

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schools, child care facilities, shops, parks, library, cafes and restaurants


THE INVESTMENT

AREA SNAPSHOT

With a focus on providing the best value 6 star triple storey townhouses at 28 Eleanor 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 Footscray.

THE DEVELOPMENT These architecturally designed ultra modern triple storey townhouses are built by Melbourne’s most reputable builders with a track record of high end builds that must be seen to be believed! 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 either solar panels or water tanks with landscaping and driveways.

Footscray is a suburb in Melbourne, Victoria, Australia, 9kms west of Melbourne’s central business district. Its Local Government Area is the City of Maribyrnong. Footscray is characterised by a very diverse, multicultural central shopping area, which reflects the successive waves of immigration experienced by Melbourne, and by Footscray in particular. Prominent features include Victoria University Footscray, a major retail district centred around the Footscray railway station, Footscray Gardens, easy access to beach, Flemington show grounds, galleries, Maribyrnong River, theatres and only minutes drive to Highpoint Shopping Centre. 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.

With a modern façade this stylish and classy executive triple storey townhouse has more than just sophistication to it...

Melbourne City Events

All townhouses offer quality fixtures and fittings throughout, have generous open spaces, low maintenance gardens and are energy efficiency compliant.

STATISTIC

FOOTSCRAY

Population

23,370

Largest Statistical Group Couples with Children

28.10%

Household Occupancy - Owned Outright

49.90%

Age - Sex Ratio

20 - 29 years

28 Eleanor St

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Flemington Showgrounds

Footscray, Melbourne VIC 3011

28 Eleanor

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Victoria University

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AREA NEWS The inner west including west footscray are ever increasing in the liveability stakes! As super-speed gentrification in the inner west starts to take shape make sure you are positioning yourselves to take advantage of the best of the inner west.

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‘’The inner west, with all its geographic blessings, is becoming just as liveable as the inner east, traditionally the ‘best’ part of Melbourne,’’ Terrill said. ‘’In terms of liveability, which side of the Yarra you live on is meaningless. That’s a historic shift in Melbourne’s growth - a reversal of a 150 year trend.’’ THE AGE (Konrad Marshall) November 24, 2011

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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 MAP Design & Architecture 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.

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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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Artistic Impression

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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 11

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PAINT WORK

Sink

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- 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

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LAUNDRY

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External taps (where required)

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BODY CORPORATE SCHEDULE

Biking along Maribyrnong River

Proposed Levy Schedule Owners Corporation

28 Eleanor Street, FOOTSCRAY Victoria 3011

PS703412H Lot

Unit Entitlement

Quarterly Total

Council Rates

1

10.oo

189.40

$1,000pa

2

10.oo

189.40

$1,000pa

3

10.oo

189.40

$1,000pa

4

10.oo

189.40

$1,000pa

5

10.oo

189.40

$1,000pa

6

10.oo

189.40

$1,000pa

7

10.oo

189.40

$1,000pa

8

10.oo

189.40

$1,000pa

Western Hospital

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.

Footscray Park

Maribyrnong River CBD view

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Footscray Market

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