Property Investment Made Easy

Transcription

1 Exceed Property Group PTY LTD Property Investment Made Easy

2 Invest in Melbourne s most liveable suburb * in the world s most liveable city #. *Liveable Melbourne survey by Tract Consultants and Deloitte Access Economics 2011 # Economist Intelligence Unit s liveability survey 2011, 2012, 2013, 2014

3 TT HH EE SOUTH YARRA IS ONE Of MELbOURNE S MOST desired INNER CITY SUbURbS delivering A LIfESTYLE RICH with CONvENIENCE minute 5 minute walk walkscore scorerating rating restaurants restaurantsin inaa15 15minute minutewalk walk train trainride rideto tomelbourne s melbourne scbd CBd or orless lesswalk walkto tochapel Chapelst, st,supermarket, supermarket,train trainstation, station,tram tramstop, stop, Chemist, Chemist,post postoffice, office,medical medicalcentre, Centre,Gym, Gym,10 10Cafes, Cafes,parklands, parklands, hire hireflexicar, flexicar,cinema, Cinema,restaurants, restaurants,florist, florist,dry drycleaner Cleaner ARTIST ARTISTImpReSSIon ImpReSSIon

4 EMPLOYMENT South Yarra has strong connectivity by public transport to employment opportunities in the CBD, St Kilda Road, Richmond, and within South Yarra s commercial precincts. The primary occupation in South Yarra is professional, accounting for 45% of residents. The high proportion of professionals correlates with the close proximity of South Yarra to the CBD and St Kilda Road employment precincts. Hospitality and retail employment opportunities are also very prevalent along Chapel Street, Toorak Road and Commercial Road. 45% Of Residents Work in Professional Roles A growth AREA In 2011, South Yarra had 19,134 residents. The population of South Yarra is forecast to grow at +5.4% per annum to the year 2016, significantly higher than the metropolitan Melbourne growth anticipated 5.4% growth, at 1.6% per annum, confirming South Yarra s position as Melbourne s most desirable inner city suburb. Forecast population growth 35, % Growth Expected ,000 EdUCATION South Yarra is central to Melbourne s premier educational opportunities including: University of Melbourne RMIT (city campus) Victoria University Monash University (Caulfield campus) William Angliss Institute of TAFE (city campus) Melbourne High School Melbourne Grammar School Wesley College MacRobertson Girls School Melbourne Girls Grammar School 62% of South Yarra residents over the age of 25 have a Bachelors degree or higher. LEISURE & RECREATION South Yarra residents enjoy access to the Melbourne s best parks, gardens and sporting facilities, including: The Royal Botanic Gardens Melbourne Sports Precinct with AAMI Park, Rod Laver Arena, Tennis Centre (home to Australian Open) and Melbourne Cricket Ground Melbourne Sports and Aquatic Centre Albert Park Golf Course Burnley Golf Course Royal South Yarra Lawn and Tennis Club Como Park and Gardens Albert Park Lake (home to the Formula 1 Grand Prix) South Yarra Tennis Centre population median UnIT price ( 000S) 25,000 20,000 15,000 10,000 5, YeAR SoURCe: Australian Bureau of statistics (2011 census) VIF 2014, Charter Keck Cramer A YARRA SIdE ASSET South Yarra unit prices continue to be at a 20-30% premium to Metropolitan Melbourne. In 2013, median unit prices across South Yarra were $546,250, +24% higher than the Metropolitan Melbourne median price of $440,000. Figure 4: South Yarra median Unit price Comparison (2013) $600 $500 $400 $300 $200 $100 $0 $232 $ Year $546 $440 Greater melbourne South Yarra SoURCe: Valuer General Victoria, Charter Keck Cramer

5 SOUTH YARRA RESIdENTS PREfER TO LIvE ALONE 41% Of Residents Live Alone YOUNg PROfESSIONALS ON THE RISE 32% Of Residents Are Years Old 41% of South Yarra residents live in single person households supporting the demand for more 1 bedroom apartments. This is significantly higher than any other inner city suburb. Household Structure 50% 32% of South Yarra residents are years. This age cohort are supportive of new higher-density developments within the South Yarra region. Age distribution (2011) 35% 30% 40% 30% 20% 10% 0 Couple Family With Children Couple Family Without Children One Parent Family Single/ Lone Person Group Household % ToTAL population 25% 20% 15% 10% 5% Greater melbourne South Yarra AGe GRoUp (YeARS) SoURCe: Australian Bureau of statistics (2011 census) VIF 2014, Charter Keck Cramer Greater melbourne South Yarra SoURCe: Australian Bureau of statistics (2011 census) VIF 2014, Charter Keck Cramer HIgHER disposable INCOMES South Yarra residents have higher median incomes than greater Melbourne supporting the more desirable location and convenient access to employment opportunities. median individual income by age (2011) AVeRAGe AnnUAL InCome BY AGe CoHoRT $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20, Age Cohort Greater melbourne South Yarra SoURCe: Australian Bureau of statistics (2011 census) VIF 2014, Charter Keck Cramer

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7 AN URBAN RETREAT Set in Claremont Street in the beautiful surrounds of South Yarra, The Elfin presents a fashionable lifestyle, rich with convenience. Rising high above Claremont Street, The Elfin s striking façade and welcoming entry lobby has been thoughtfully designed by renowned Plus Architecture. While inside the interiors have been beautifully designed and detailed by Hecker Guthrie, including the Sky Garden on the rooftop offering a place exclusively for residents to relax with friends and enjoy the magnificent views. ARTIST ImpReSSIon

8 one BeDRoom ApARTmenT - ARTIST ImpReSSIon

9 Relax and unwind in your superbly crafted bathroom adorned with hidden storage, Scandinavian Muuto pendant lighting and chic black tap ware. A natural palette with pops of colour is designed for residents to add their own personal touch with the choice of three custom carpet palettes. Beautiful joinery is complemented by thoughtful design, providing a considered place for everything. You will always feel at home at The Elfin. BATHRoom - ARTIST ImpReSSIon

10 SKY GARDEN Watch the sunset over the city each evening, enjoy a summer gathering with friends, or simply read a book in The Elfin s Sky Garden. This very special retreat provides a myriad of social opportunities to connect with neighbours and friends alike. Sky garden - ARTIST ImpReSSIon

11 median Rent ($p.w) RENTAL growth South Yarra has experienced an average rental growth of +6.2% p.a. since December Rentals within South Yarra continue to command a premium to those across greater Metropolitan Melbourne. Figure 4: South Yarra median Unit price Comparison (2013) $400 $350 $300 $250 $210 $200 $190 $150 $100 Greater melbourne South Yarra Year $350 $305 PROPERTY MANAgEMENT Investors in our developments gain exclusive access to Australia s leading property management business, LITTLE Real Estate to manage their investment. LITTLE Real Estate is our partnering business, set up initially to offer our clients the best property management services. LITTLE Real Estate has since grown to manage more than 17,000 properties across Australia. LITTLE Real Estate manages the leasing campaigns across each Little Projects lifestyle development. As our exclusive partner, LITTLE Real Estate works with our team throughout the settlement process to lease and manage properties for our clients. LITTLE Real Estate gains access to our developments prior to settlement to run a broad development leasing strategy. Together, we deliver a pre-leasing marketing campaign in the lead up to settlement to maximise interest and deliver a quality tenant. In many experiences a tenant has been secured prior to settlement. LITTLE Real Estate has specialised teams dedicated to providing a personalised leasing solution. We know that reducing the number of agents leasing within a new development ensures maximum returns can be achieved without price integrity being compromised by multiple real estate agencies working on the same development. It s important to us that we maximise the return for each investor and deliver value and service over the life of an investment. We want to be your investment partner for life. Contact the team on We care & value your investment. SoURCe: office of Housing, Charter Keck Cramer vacancy RATES As at September 2014, inner city vacancy rates for Melbourne were at 2.9%, demonstrating a consistent market for rental properties over the past few years. 6 month Average Trend 4.0% 3.5% 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0% Dec 11 Feb 12 Apr 12 Jun 12 Aug 12 Oct 12 Dec 12 Feb 13 Apr 13 Jun 13 Aug 13 Oct 13 Dec 13 Feb 14 Apr 14 Jun 14 Aug 14 SoURCe: ReIV Vacancy Rates September 2014

12 INdICATIvE depreciation Indicative Tax Depreciation. Indication of capital deductions. Typical 1 bedroom apartment, 41 sqm 38 Claremont Street, South Yarra INdICATIvE depreciation Indicative Tax Depreciation. Indication of capital deductions. Typical 1 bedroom apartment, 47 sqm 38 Claremont Street, South Yarra year division 40 allowance division 43 allowance annual deductions $ $ $ 1 (365 days) 5,100 4,500 9, ,500 4,500 9, ,600 4,500 8, ,800 4,500 7, ,300 4,500 6, ,900 4,500 6, ,600 4,500 6, ,400 4,500 5, ,200 4,500 5, ,000 4,500 5, , , ,600 total 34, , ,000 year division 40 allowance division 43 allowance annual deductions $ $ $ 1 (365 days) 5,500 4,800 10, ,900 4,800 9, ,800 4,800 8, ,100 4,800 7, ,500 4,800 7, ,100 4,800 6, ,800 4,800 6, ,500 4,800 6, ,300 4,800 6, ,100 4,800 5, , , ,800 total 37, , ,400 12,000 division 40 12,000 division 40 10,000 division 43 10,000 division 43 8,000 8,000 6,000 6,000 4,000 4,000 2,000 2, year year The figures shown are estimates only. Little Projects nor its employees, representatives or subsidiaries accept any liability for any misinformation. Prospective purchasers should make their own investigations. Stamp duty estimates are estimates only and will change during the course of construction. The figures shown are estimates only. Little Projects nor its employees, representatives or subsidiaries accept any liability for any misinformation. Prospective purchasers should make their own investigations. Stamp duty estimates are estimates only and will change during the course of construction.

13 INdICATIvE depreciation Indicative Tax Depreciation. Indication of capital deductions. Typical 2 bedroom apartment. 38 Claremont Street, South Yarra INdICATIvE depreciation Indicative Tax Depreciation. Indication of capital deductions. Typical 2 bedroom, 2 storey apartment 38 Claremont Street, South Yarra year division 40 allowance division 43 allowance annual deductions $ $ $ 1 (365 days) 8,100 5,800 13, ,200 5,800 13, ,700 5,800 11, ,500 5,800 10, ,700 5,800 9, ,100 5,800 8, ,600 5,800 8, ,200 5,800 8, ,900 5,800 7, ,600 5,800 7, , , ,200 total 54, , ,800 year division 40 allowance division 43 allowance annual deductions $ $ $ 1 (365 days) 8,800 7,300 16, ,800 7,300 15, ,100 7,300 13, ,900 7,300 12, ,000 7,300 11, ,300 7,300 10, ,800 7,300 10, ,400 7,300 9, ,000 7,300 9, ,800 7,300 9, , , ,200 total 59, , ,100 16,000 18,000 14,000 12,000 division 40 division 43 16,000 14,000 division 40 division 43 10,000 12,000 8,000 10,000 8,000 6,000 6,000 4,000 4,000 2,000 2, year year The figures shown are estimates only. Little Projects nor its employees, representatives or subsidiaries accept any liability for any misinformation. Prospective purchasers should make their own investigations. Stamp duty estimates are estimates only and will change during the course of construction. The figures shown are estimates only. Little Projects nor its employees, representatives or subsidiaries accept any liability for any misinformation. Prospective purchasers should make their own investigations. Stamp duty estimates are estimates only and will change during the course of construction.

14 LITTLE PROjECTS Little Projects is a multi-faceted property development business focused on delivering innovative and high quality residential and commercial property solutions. Conceived in 2006 by Paul Little and Michael Fox, Little Projects has enjoyed successes in commercial, land subdivision and inner-city lifestyle developments. The company s core competency lies in its ability to purchase inner-city commercial and industrial sites and redevelop them into outstanding residential communities. A commitment to quality, strong financial investment and the best people in the industry demonstrates our confidence in the value of each and every project. Little Projects has established itself as Melbourne s premier private developer delivering over 1408 apartments across inner city Melbourne. The Elfin is Little Projects third lifestyle development within South Yarra following the sell-out success of ILK South Yarra on Toorak Road and Central South Yarra on Yarra Street. Be Assured, we deliver superior quality lifestyle developments. Clockwise from top Central South Yarra ILK South Yarra Central South Yarra - Apartment Central South Yarra - Lobby

15 Property Investment Made Easy Exceed Property Group PTY LTD CONTACT US TODAY! Chad Simons. Managing Director M: E: exceedpropertygroup.com