Incorporating Russo Park

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1 Incorporating Russo Park A Project of JDP Developments Pty Ltd ABN: Farnsfield Road Childers. Q 4660 Tel: John jdrusso251@bigpond.com.au

2 Plan laid over aerial photo of Abington Heights showing Stage 1 Aerial photo taken of original Abington Heights site October 07.

3 Aerial Photos taken May 2008 showing Childers in far top right corner This aerial shows the sealed roads of Stage 1 and the first house under construction in the estate.

4 Concept Abington Heights is a 73 lot housing estate, which will be staged over 7 stages during the coming years, found on Stockyard Road, off Goodwood Road, Childers, just 6 minutes from the bustling community of Childers, 20 minutes from beautiful Woodgate Beach, 35 minutes from Bundaberg and just 45 minutes from Hervey Bay airport with direct flights to major capital cities. The lots are a minimum of 5000m 2 each, surrounded by natural bushlands and adjoined by an environmental park, so named Russo Park in recognition of the contribution made to the Isis District by the Russo family over the past 100 years, which is being developed as a self-contained passive recreational resource maintained by the Developer and Bundaberg Regional Council. The park already has walking tracks formed, a new footbridge crossing Stockyard Creek and a number of picnic tables in place, making it a wonderful peaceful natural area for walking and picnics. The Estate is enhanced with underground power, town water and sealed roads, and has access to all the usual amenities of the local Council. The Developer has finalized an entry statement with landscaping and the decorative fence along the main drive has been built from local timbers. Only 1 lot remains unsold in Stage 1 and disclosure statements available for Stage 2, thus making it pay a deposit now to secure your preferred block with settlement in approx 6-12 months. Plans are now underway for developing of Stage 2 which will consist of 6 blocks, 6,7,8,9 & 10 & 55.

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6 Rear view of Lot 1. Some lots are fully cleared, whilst others have had selective clearing. All lots are fully grassed. Many lots have a view of Russo Park.

7 Listed below are the currently available lots and recommended pricing on Stage 1 of Abington Heights as at 21/07/15. Lot 52 - $122,500 The following lots in Stage 2 are available for contract under disclosure statements with settlement predicted in late 2015/early 2016, depending on sales and Council final approval. Lot 6 $122,500 Lot 7 $125,000 Lot 8 - $127,500 (including 10 year lease on $350pa + cpi) Lot 9 - $125,000 Lot 10 $125,000 Lot 11 $120,000 Lot 12 - $118,000 Lot 13 - $135,000 Lot 14 - $130,000 Lot 15 - $130,000 Lot 16 - $130,000 Lot 17 - $130,000 Lot 18 $130,000 Lot 55 $125,000 Lot 56 $125,000 Lot 57 - $134,500 Lot 58 $134,500

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9 Russo park will be easily accessed by the residents of Abington Heights Estate, as well as the general public, and it is expected that this unique park will enhance the lifestyle and well being of the community. Abington Heights is designed to create a livable estate with quality homes, therefore the Developer has placed a building covenant on all sales to maintain an attractive quality development. A copy of the covenants commence on page 8 of this document. Playground equipment, environmental toilet, shelter shed and bbq facilities will be implemented at the entry to the environmental park as Abington Heights stages 2 and 3 progress, and will become a great gathering spot for residents and visitors alike.

10 ANNEXURE B BUILDING COVENANTS Abington Heights has been designed as a development which is creating a very liveable estate with quality homes. Because of this it is desirable that there be control exercised by the Seller for the protection and in the interest of the Buyers in relation to the nature and type of construction of homes to be erected in the estate. In recognition of the desirability of continuing an attractive quality development the Buyers agree with the Seller that:- 1. Explanation and Aim Occupation No residential occupation of the dwelling shall take place until the dwelling house has final approval from the Local Authority or Private Certifier. Future Sale The Buyer shall not sell, transfer or otherwise dispose of the property without first delivering a Deed of Covenant to the Original Seller JDP Developments Pty Ltd. The Deed of Covenant shall be given by such purchaser, transferee or disponee in favour of the Original Seller containing covenants on the same terms (with appropriate changes) as are contained in these Building Covenants including the liability to obtain such Deed of Covenant from any further purchaser, transferee or disponee. Buyer Bound By Covenants The Buyer acknowledges that these covenants will form a legal and binding part of the contract of sale for the land. Breach of Covenants The Buyer acknowledges that the Seller may enforce its rights against him, his agents, servants, contractors or workmen under this or any other Clause in the contract of sale by way of an injunction issued by the Supreme Court of Queensland or other Court of Competent jurisdiction on the application of the Seller in respect of any breach thereof or any attempt to do so by the Buyer, his agent, servant, contractor or workman.

11 2. General Covenants Covenant Ongoing The requirements of the Covenant apply to the on selling of the property and all buyers are bound by this Covenant. Variation The Seller may under exceptional circumstances vary this covenant upon individual request so long as the quality of Abington Heights is not compromised. Caravans and Vehicles On completion all trailers, caravans and boats must be parked at the rear of the residence and screened so as not to be visible from the street and/or parkland. Any vehicle over three (3) tonnes or any commercial vehicle shall be garaged behind the residence. Pets The breeding or containing of any livestock on an allotment shall be strictly in accordance with the By-Law of the Local Authority. Commercial Use No business or commercial undertakings shall be operated from any residence unless it conforms with Local Authority approval. 3. Construction General The Buyer shall ensure that the property is kept in a neat and tidy state and maintain this state free of weeds, overgrown grass and rubbish before, during and after construction. No excavation material, trees, builder s rubbish or waste of any kind shall be deposited on neighbouring properties. Building Setbacks Any dwelling or structure attached to a dwelling shall be located a minimum of 20m from the Road Reserve property boundaries. Building Envelopes Building placement must comply with the Department of Natural Resources Plan for Vegetation Management on lots with building envelopes marked. Temporary Buildings No temporary buildings, tents or temporary dwellings or structures shall be erected on the land.

12 Tree Removal The Buyer shall not remove any trees from an allotment without written approval from the relevant Authority. Any fallen trees, logs and branches must be disposed of and not buried or placed on other allotments or parklands. Removal of Soil No soil shall be removed from or placed on the site except by way of excavation in accordance with the Local Authority approved plans and that soil from foundations and swimming pools. Soil shall not be removed from or placed on other allotments or parklands. Top Soil for landscaping purposes shall be permitted. Existing Levels Existing levels shall be maintained at all boundaries. Cut and fill faces shall be kept clear of all boundary lines in accordance with the regulations set down by the Local Authority. Retention of Earthworks All embankments cut and fill shall be retained as prescribed by Local Authority and their regulations shall control all earthworks. All retaining walls shall comply with the regulations of the Local Authority. 4. Buildings 4.1 Design The land shall be used as approved by Local Authority. For a single dwelling the Buyer will not use nor permit to be used any such building for any purpose other than a single unit private dwelling. 4.2 Building Materials Every dwelling house, detached carports or other outside structures shall only be erected or permitted to be erected from new materials and the specification for the dwelling house shall be: (i) (ii) (iii) (iv) (v) No relocatable homes other than brand new homes complying with all other aspects of this covenant shall be permitted to be moved onto the estate. No second-hand or substandard material shall be used. All roofing shall be concrete or terracotta roof tiles, approved shingles, slate or colorbond coated corrugated sheeting. Unpainted galvanised iron, zincalume, or other highly reflective material are not permitted. All external walls shall be built of clay brick or concrete bricks, brick veneer or painted or stained weatherboard or cladding. Where concrete brick is used all concrete brick surfaces shall be rendered. The use of mirror or highly reflective glass is not permitted.

13 4.3 Floor Area For all building sites the total minimum floor area of living and garage areas measured to the outside of all external walls (exclusive of all soffits, entry porches, breezeways and patios) shall be 140m Outbuildings All outbuildings such as garages shall be designed to blend in with the main building in both material selections and colour, and shall not exceed 100m2 in floor area. 4.5 Workmanship All workmanship and construction shall be of first quality, carried out in a tradesman like manner and be in accordance with the best trade practices. 5. Appurtenances Shipping Containers Shipping containers or any other temporary storage units shall be removed from the property after a period of 30 days once the building is occupied. Barbeques All fixed barbeques shall be constructed of a material that matches the dwelling Antennae Satellite Dishes and Radio Aerials External Antennae, Satellite Dishes should be located at the rear of the building. They should be colour coded to match the roof. Radio Aerials shall not be permitted unless approved by the developer. Solar Panels Solar Panels shall be slimline and architecturally integrated into the roof design. 6.0 Signs 6.1 General Signs will not be permitted on any allotment with the exception of the following: (1) One builder s sign not exceeding 1 square metre at time of construction. Sign to be removed on completion of the construction. (2) One sign advertising the sale of the residence not exceeding 2 metre square to be erected after the removal of the builder s sign. 7. Liquidated Damages 7.1 If the Buyer breaches this covenant then the Buyer must upon demand pay to the Seller liquidated damages of $10, (ten thousand dollars). 7.2 The Original Seller s entitlement to liquidated damages is in addition to but not in substitution for any other rights, powers and remedies

14 granted to the Original Seller under this covenant or otherwise at law. 7.3 Should the liquidated damages payable under this clause be found to be excessive by any Court of competent jurisdiction then the Seller may serve a notice of variation of this clause on the Buyer specifying a reduced amount of liquidated damages and the liquidated damages so payable shall be reduced to that lower amount and the parties agreed to be bound by the provisions of this clause as varied by the notice of variation. Nothing in this deed shall prevent any Court of competent jurisdiction form reading down the amount of liquidated damages payable in order to validate this liquidated damages clause. 8. Fencing Any fencing erected on road frontage shall be no higher than 1.2m and constructed of brick, timber, hedge tree, garden bed or fence of a visually appealing nature. Star picket or barb wire fencing is not permitted on front or side boundaries. 9. Ongoing Maintenance after Completion The Buyer must at all times maintain the property and improvements thereon, including landscaping, in good and proper repair and ensure that its appearance is at all times in good order and consistent with the nature of the estate within which the property is located. 10. Order of Construction If the construction of a shed or other outbuildings is to precede the construction of a dwelling house on the land, then the construction of a dwelling house on the land shall be commenced no later than twelve (12) months after the erection of such shed or other outbuildings and be completed within six (6) months after commencement of construction.

15 Sealed Road pictured of Park Avenue Stone pitching is a feature of the drainage system.

16 The Environmental Parklands Russo Park Take the opportunity to explore the natural walking trails and view this unique piece of land.

17 Panoramic view from top Examples ohhlookout of large, old trees along the walking tracks. Relaxing views of Stockyard Creek run through the park.

18 Remnant areas of Isis Scrub exist in this parkland including this rubber vines, something unique to the area. The Developer has been successful with an application to host a Green Corps Project, where 10 young people have the opportunity to learn new skills by working in the park under supervision. Part of the project has been construction of walking trails, timber furniture, directional and informational signage and the construction of the bridge over Stockyard Creek. The finished foot bridge in the Park. Solid timber picnic tables are a feature of the recreational area. Directional signs are placed intermittently along the trails with interpretive signage at points of interest.

19 This is a great opportunity to be part of a new and unique lifestyle choice, allowing individuals and families to live their dreams in a peaceful bush setting, yet close to all the required amenities of the Isis area.

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