TABLE OF CONTENTS 01 02 03 04 05 06 07 08 09 10 11 12 ABOUT THE DEVELOPER PALAZZO SNAPSHOT LOCATION PALAZZO MAPS BUILDING IMAGES INTERNAL RENDERS VIEW SHOTS FLOOR PLANS SCHEDULE OF FINISHES RENTAL APPRAISAL DEPRECIATION SCHEDULE EXPRESSION OF INTEREST
01 ABOUT THE DEVELOPER About The Developer
ABOUT THE DEVELOPER Nichols Constructions Nichols Constructions is one of Queensland s most successful and longest established development companies, continually developing quality residential, commercial, industrial and land assets since 1983. Their extensive portfolio of held assets include various shopping centres, industrial buildings and land, and significant residential land holdings. Within the residential marketplace, Nichols Constructions has developed over 55 residential apartment developments in Queensland and constructed thousands of homes, along with thousands of blocks of land in various land estates and developments. Many of these developments have become landmarks for their areas with a successful record of capital growth - often outperforming other competing projects and providing great benefit for purchasers within their developments. The commitment to developing projects that provide both a quality living environment and a secure, continually sought after investment is unparalleled in Queensland, and this is a primary reason that they have remained as one of Queensland s most successful private developers. Founder Les Nichols is one of the most highly regarded, intensely private developers in Australia and prefers to operate without fanfare, continuing to deliver projects on time and acquiring the best development sites regardless of market conditions. Many of Nichols Constructions developments are developed and sold with little or no marketing required, which his testament to their reputation for quality in the marketplace. Nichols Constructions benefits from an extremely strong financial position, with many of Nichols Constructions developments requiring little or no bank funding. Their projects are some of the very few in Australia that require no presales in order to commence construction. The certainty this therefore provides to residential purchasers is another reason why the Nichols Construction product is so sought after in the marketplace. Nichols Constructions will not compromise on quality, and purchasers of a Nichols Construction development feel extremely secure and confident of success when buying from one of Queensland s most trusted and respected Development Companies.
02 PALAZZO SNAPSHOT Palazzo Snapshot
10 Reasons Why Palazzo? 01 Outstanding Developer Palazzo Brisbane is developed by one of Queensland s most respected private developers, with a passion for creating vibrant, highly livable communities that suit the needs of residents now and into the future. With over 50 years experience in building, an unmatched track record in Queensland and extremely sound financial position, the passion for building quality despite the cost gives purchasers a high degree of comfort knowing they are dealing with a developer of sound reputation and uncompromising standards. 02 Outstanding Facilities In room and building facilities second to none for a building of this type, the added benefit of storage on title, bicycle storage, ample visitor parking and break out spaces ensure Palazzo Brisbane purchasers are provided with all the comforts to enhance their day to day experience, convenience and overall quality of life. 03 Low Body Corps Palazzo Brisbane benefits from an extremely affordable body corporate for a building with this many facilities, keeping resident s and purchaser s costs down when compared with other developments.
10 Reasons Why Palazzo? 04 Onsite Management Palazzo Brisbane has quality onsite reception and management appointed by the developer to service residents and owners, to maintain the building to the highest standard and provide leasing and concierge services to residents and owners. 05 Location With Woolloongabba set to greatly increase in population, this popular suburb is Queensland s largest ever urban renewal precinct. Set for vast improvements in amenities, transport and development activity, Woolloongabba will continue to be one of Brisbane s most vibrant and popular suburbs. With Palazzo Geographically at the highest point in the precinct, Palazzo Brisbane benefits from protected view corridors and cooling breezes in one of the most profitable suburbs in Queensland for capital growth. source: Courier Mail January 2016 Palazzo Brisbane also has easy access to several universities, education providers and various quality private and state schools further demonstrating its highly strategic location within the precinct. 06 Employment Palazzo Brisbane is centrally located to employment options with over 10,000 jobs within 1km of the development, including over 8000 jobs at the PA hospital alone.
PALAZZO SNAPSHOT 07 Transport Woolloongabba benefits from outstanding current transport infrastructure and with massive spending on yet further transport (including the proposed 1.54 billion dollar Brisbane Metro to be anchored at Woolloongabba) if not already it is set to be one of Australia s most highly accessible suburbs. 08 Outstanding Facilities Located opposite a well established shopping centre with anchor tenants, medical centre, professional offices and an array of food and lifestyle amenities, Woolloongabba also has highly popular cafe and restaurant strips and with Palazzo Brisbane being a stroll to the emerging Stones Corner precinct (with banks, government services, shopping and dining) there is very little residents will need to travel outside the area for. 09 Apartment Sizes Palazzo Woolloongabba typical apartments are on average 20% larger than most apartments currently released or under construction in the south side of Brisbane, benefitting resale values and tenant demand into the future. 10 High Rental Yield Due to the above 9 points, Palazzo has some of the best rental returns in the precinct at or above 6% (May 2016), with the certainty of a rental guarantee for 2 years underwritten by the developer further demonstrating the quality of the development and providing certainty in investor returns.
03 LOCATION Location
Woolloongabba in an evolving suburb and is quickly becoming one of the most desirable and vibrant urban locations the Inner Brisbane City has to offer. Brisbane and its surrounds has a substantial infrastructure investment of $130 Billion over the next 2 decades. With well above national population growth and ideally positioned less than 4km from the CBD, Woolloongabba is set to thrive. Currently recording high gross rental yields of 5.5% and low vacancy rates of just 2.8%, investing in Woolloongabba is traditionally an attractive proposition. Neighbouring the CBD, Woolloongabba is ideally located to experience the renowned cultural and culinary scenes of West End & South Bank. It is of course well known as the home of The Gabba Sporting Stadium which is home of cricket and AFL in Brisbane. World class medical hospitals with the Mater Hospital and Princess Alexandra Hospital are in close proximity. The University of Queensland St Lucia campus is easily accessible by the Green Bridge and adds another fundamental to the area.
Whilst on the door step of so many great inner city destinations Woolloongabba is experiencing its own transformation with a stimulating mix of cafe s, al fresco dining and eclectic shopping. The Buranda shopping centre is located opposite the development with major anchor tenants, medical and professional services. The Precinct is one of Australia s best serviced suburbs for transport, with bus and train services providing easy access to the city and wider Brisbane. The Precinct is one of Australia s best serviced suburbs for transport, with bus and train services providing easy access to the city and wider Brisbane. Driving to the city takes just 4 minutes, with the Pacific motorway on ramp several hundred metres from the development. Driving to the city takes just 4 minutes, with the Pacific motorway on ramp several hundred metres from the development. Palazzo Brisbane benefits from not only great access, but with over 10,000 jobs less than 1km from the development the area has good demand for tenants and ensures future demand for both resale and tenancy. 24000 new jobs are expected in Woolloongabba/Kangaroo Point by 2031 (Urbis). CoreLogic RP Data resales quarterly resales figures found Brisbane s Woolloongabba was the state s top performer, with all sales in the suburb notching a profit on average a gain of $425,270 for sellers. source News.com.au January 2 2016
04 PALAZZO MAPS Palazzo Maps
Sunshine Coast 90KM 1HR Griffith University 7KM 7MIN Brisbane International / Domestic Airport 90KM 1HR The Gabba Stadium 1.8KM 4MIN Buranda Bus & Train Station 350M 4MIN Stones Corner Shopping Precinct 900M 10MIN Gold Coast 73KM 50MIN Location Mater Hospital 2.4KM 4MIN South Bank 3KM 5MIN CBD 3KM 3MIN Queensland Universtiy of Technology 3KM 3MIN Access to University of Queensland via Green Bridge 2KM 4MIN Boggo Road Development 2.4KM 4MIN PA Hospital 500M 6MIN Greenslopes Hospital 2.7KM 6MIN PA Hospital BuswayStation 500M 6MIN Centro Buranda 200M 3MIN
05 BUILDING IMAGES Building Images
The Pallazo Brisbane Feature Image External Rendering
External Rendering The Pallazo Brisbane Additional Example
06 INTERNAL RENDERS Internal Renders
INTERNAL RENDERS
INTERNAL RENDERS
INTERNAL RENDERS
INTERNAL RENDERS Bathroom Renders
07 VIEW SHOTS View Shots
VIEW 1st Floor
VIEW 2nd Floor
VIEW 3rd Floor
VIEW 4th Floor
VIEW 5th Floor
VIEW 6th Floor
VIEW 7th Floor
VIEW 8th Floor
VIEW 9th Floor
VIEW 10th Floor
VIEW Rooftop
08 FLOOR PLANS Floor Plans
FLOOR PLANS Type 1
FLOOR PLANS Type 2
FLOOR PLANS Type 3
FLOOR PLANS Type 4
FLOOR PLANS Type 5
09 SCHEDULE OF FINISHES Schedule Of Finishes
Schedule Of Finishes Category Floor Area Details The Area Of Each Dwelling As Shown On The Floor Plans FLOOR FINISHES Entry Area Living Area Kitchen Bathrooms Bedrooms Laundry Balconies Wool Blend Carpet OR Marble Look Porcelain Tiles Marble Look Porcelain Tiles Marble Look Porcelain Tiles Marble Look Porcelain Tiles Wool Blend Carpet Marble Look Porcelain Tiles External Slip Resistant Tile CABINETRY Kitchen Bathrooms Bedrooms Linen Stores Marble Look Stone Bench Tops or Similar, Laminate Cabinetry Marble Look Stone Bench Tops or Similar, Laminate Cabinetry Built in/walk In Robes Built In DOOR AND WINDOW FINISHES Front Door Internal Doors External Sliding Doors Windows Panelled Solid Door Hollow Core Aluminium Frame/Powdercoat Finish Aluminium Frame WALL FINISHES Bathrooms Marble Look Porcelain Tiles To Full Height
Category Kitchen Laundry All Other Rooms Skirtings/Architraves Schedule Of Finishes Details Glass Splashback, Low Sheen Paint Low Sheen Paint/Porcelain Tile Splashback And Skirting Low Sheen Paint Finish to Walls And Cornice Semi-Gloss Paint Finish KITCHEN/LAUNDRY APPLIANCES Kitchen Sink Dishwasher Oven Cooktop Rangehood Clothes Dryer 1/2 OR 2 Bowl Stainless Steel or Black Sink Fisher & Paykel or Bosch Stainless Steel Bosch Stainless Steel Bosch Gas Stainless Steel 4 Burner Cooktop Front Recirculating Slide Out Rangehood 4kg Wall Hung Dryer FIXTURES AND FITTINGS Laundry Tub Shower Screen W.C Suites Vanities 45 Stainless Steel Tub Frameless Clear Safety Glass Shower Screen Back to Wall Toilet Suite Ceramic Basin With Wall Hung Vanity TAPWARE & ACCESSORIES Bathrooms/En-Suites Laundry Kitchen Rain Shower & Hand Shower on Straight Rail System, Stainless Steel Flick Mixer to Vanity Stainless Steel Flick Mixer 5 Star Swan Style Stainless Steel Kitchen Mixer EQUIPMENT & ELECTRICAL Lighting
Category Schedule Of Finishes Details Kitchen Bathroom En-Suite All Other Rooms Laundry Air-Conditioning & Fans Television Internet & Telephone Downlights Downlights Downlights Downlights Downlights Roof Mounted Air Conditioning, Ceiling Fans To Living Room & All Bedrooms Digital TV Points In Living & Bedrooms, Foxtel Points Data Points In Kitchen/Living and Bedrooms COMMON FACILITIES & FEATURES Services Hot Water Garbage Lift Residents Club Centralized Gas Hot Water System Garbage Chute 2 X Passenger Lifts Barbeque Indoor Lounge/s & Bar Seating Planter Boxes Cinema Projector & Screen Kitchen/Bar Area (As Per Unit SpeciÞcations) Bike Storage Pool Deck Bicycle Storage Racks & Helmet Racks Pool Outdoor Seating Covered Alfresco
Security Category Schedule Of Finishes Details Integrated Security System With Touch Access To All Common Areas Electronic Touch Access To Carpark Video/Audio Intercom System To All Apartments GENERAL EXTERNAL & INTERNAL CONSTRUCTION Carpark Floor Reinforced Concrete, Broom Finish Line Marking And Numbers To Carparks Walls Ceiling Block Work Or Concrete Off Form Concrete Foyers & Common Areas Ceilings Walls Floor Facade Landscaping Plasterboard & Downlights Painted Plasterboard Marble Look Porcelain Tiles And/Or Wool Blend Carpet Concrete, Glass, Render or Metal InÞll Panels Mature Trees, Shrubs, Condiments & TurÞng As Shown OPTIONAL EXTRAS TO UNITS Balcony Wall Mount Electric BBQ 380L Fridge With Cabinetry Integration Disclaimer: While every care has been taken in the preparation of this document, the seller makes no representation as to its accuracy or completeness. The seller may change, substitute or upgrade items without notiþcation to the buyer prior to settlement for various reasons including but not limited to availability, warranty issues and/or superseded models or items. The seller therefore accepts no liability for any changes or upgrades to the speciþcation, Þxtures or Þttings.
10 RENTAL APPRAISAL Rental Apprasial
RE/MAX Colonial 445 Ipswich Road ANNERLEY QLD 4103 1 st March 2016 RENTAL APPRAISAL: THE PALAZZO 70-74 CARL STREET WOOLLOONGABBA Thank you for the opportunity to provide you with a rental appraisal for the above property. One bedroom/car share (Level 1-7) $400 - $420 per week One bedroom/1 car + storage $430 - $450 per week Two bedroom/2 bathroom/1 car + storage $550 - $570 per week Two bedroom/2 bathroom/2 car + storage $580 - $600 per week In assessing the rental value I have taken into account factors that assist in leasing the property promptly, including a comparison of similar properties, current vacancies and market trends. Inclusion and building facilities as listed were also taken into consideration. Building Facilities: * - Bike storage, * - Storage to units * - Pool deck with pergola * - BBQ verandah and herb and condiment garden * - Netflix subscription for 2 years for all residents * - In room dining * - Ample visitor parking on ground floor * - Residents club with cinema, bar lounge Experience the difference Our goal is to make owning an investment property as easy as possible by delivering a high-quality and friendly service that includes: Our team would be delighted to manage your investment with your individual needs in mind. I look forward to the opportunity of speaking with you further. Kind regards Donna Foley Property Management Department p: 07 3373 0005 m: 0424 181 441 e: pmoffice@remaxcolonial.com.au DISCLAIMER: This appraisal amount in this letter represents an estimate of the rent the above property could achieve in the current rental market. This estimate is provided free of charge and is an opinion only, it should not be construed as a sworn valuation.
11 DEPRECIATION SCHEDULE Depreciation Schedule
The Palazzo 70-74 Carl Street WOOLLOONGABBA, QLD 4102
BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t 07 3221 9922 f 07 3221 9933 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392 16 June, 2015 Property Economists Pty Ltd PO Box 2118 BRISBANE, QLD 4000 Dear Sir/Madam, 70-74 Carl Street, WOOLLOONGABBA, QLD 4102-371310r1 Please find attached the BMT Tax Depreciation Estimates for the above property detailing the depreciation and associated tax allowances that may be available to the owner under the Income Tax Assessment Act 1997 (ITAA97). This document is intended to provide a guide to the potential depreciation and building allowances available from the purchase of the above residential property, facilitating the estimation of the after tax return on the investment over the first 10 full years of ownership. 1.0 Information The following information was used in the preparation of the schedules: Written and verbal information provided by Property Economists Pty Ltd. 2.0 Depreciation Potential Plant and Capital Allowance The purchaser of the property, intending to use it for income producing purposes, is entitled to depreciation including: Division 40, Depreciation of Plant and Equipment; and Division 43, Capital Works Allowance (2.5 % pa). The depreciation of plant and equipment items is based on the diminishing value effective life rates as published by the commissioner of taxation (TR2014/4). In the scenario where plant and equipment items are not sold at an agreed value these items will be depreciated on the basis of a just attribution of the total expenditure (42-65 ITAA97). 3.0 Capital Work Allowance The special building write off allowance is based on the industry specific eligible dates. If the property qualifies for the special building write off, the applicable depreciation rate will be used. Where properties do not qualify for the special building write off allowance, no capital works allowance will be used. Maximising Property Tax Depreciation Deductions 371310r1
BMTTax Depreciation QUANTITY SURVEYORS The allowance for capital works will be based on the historical cost of construction less nondepreciable items. 4.0 Estimate Calculation This report is based on a just attribution of the total expenditure to estimate the allowances for plant. The estimates provided are based on the sale price as indicated, as the final purchase price at this time is not known. This estimate has been provided for the purpose of informing the investor of the depreciation potential. Different depreciation returns are available and are influenced by the purchase price of the property. Please note that the first year calculations are based on ownership over a full financial year. 5.0 Disclaimer This report has been based on very preliminary documentation, and the figures provided should be treated as a guide only. As documentation improves, BMT Tax Depreciation will be able to provide more accurate estimates of depreciation. 6.0 Conclusion As can be extracted from the attached tables, the units will obtain maximum depreciation potential within the first 5 years of ownership. BMT Tax Depreciation would be pleased to provide a complete detailed tax depreciation report on any of the units in the above property upon request. Our results suggest employing a specialist to maximise the various tax allowances has a significant effect on improving the after tax return. Should you or the purchaser wish to discuss the contents of this report in more detail, please do not hesitate to contact Bradley Beer at the office. Yours Sincerely, BMT Tax Depreciation Pty Ltd Quantity Surveyors Maximising Property Tax Depreciation Deductions 371310r1
BMTTax Depreciation QUANTITY SURVEYORS Appendix One BMT Tax Depreciation Estimate The Palazzo 70-74 Carl Street WOOLLOONGABBA, QLD 4102 Maximising Property Tax Depreciation Deductions 371310r1
BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t 07 3221 9922 f 07 3221 9933 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392 Estimate of Depreciation Claimable 1 Bedroom + Car Share, The Palazzo 70-74 Carl Street, WOOLLOONGABBA, QLD 4102 Year Plant & Equipment Maximum Division 43 Total 1 6,433 5,543 11,976 2 3,974 5,543 9,517 3 2,891 5,543 8,434 4 2,318 5,543 7,861 5 2,104 5,543 7,647 6 1,464 5,543 7,007 7 1,209 5,543 6,752 8 843 5,543 6,386 9 606 5,543 6,149 10 454 5,543 5,997 11 + 3,544 166,294 169,838 Total $25,840 $221,724 $247,564 Comparison Yr 1-10 (Max & Min) $12,000 $10,800 $9,600 $8,400 $7,200 $6,000 $4,800 $3,600 $2,400 $1,200 $0 1 2 3 4 5 6 7 8 9 10 Years Maximum Minimum Year Plant & Equipment Minimum Division 43 Total 1 5,263 4,535 9,798 2 3,252 4,535 7,787 3 2,365 4,535 6,900 4 1,896 4,535 6,431 5 1,722 4,535 6,257 6 1,198 4,535 5,733 7 989 4,535 5,524 8 689 4,535 5,224 9 496 4,535 5,031 10 372 4,535 4,907 11 + 2,900 136,058 138,958 Total $21,142 $181,408 $202,550 * assumes settlement on 1 July in any given year. $78,000 $70,200 $62,400 $54,600 $46,800 $39,000 $31,200 $23,400 $15,600 $7,800 Cumulative Yr 1-10 (Min & Max) $0 1 2 3 4 5 6 7 8 9 10 Years Maximum Minimum This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type and date of construction. This estimate is based upon legislation in force at the date of report production. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 07 3221 9922 Maximising Property Tax Depreciation Deductions 371310r1
BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t 07 3221 9922 f 07 3221 9933 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392 Estimate of Depreciation Claimable 1 Bedroom + 1 Car Space, The Palazzo 70-74 Carl Street, WOOLLOONGABBA, QLD 4102 Year Plant & Equipment Maximum Division 43 Total 1 6,353 6,358 12,711 2 4,487 6,358 10,845 3 3,236 6,358 9,594 4 2,559 6,358 8,917 5 2,083 6,358 8,441 6 1,679 6,358 8,037 7 1,359 6,358 7,717 8 947 6,358 7,305 9 681 6,358 7,039 10 513 6,358 6,871 11 + 4,036 190,709 194,745 Total $27,933 $254,289 $282,222 Comparison Yr 1-10 (Max & Min) $13,000 $11,700 $10,400 $9,100 $7,800 $6,500 $5,200 $3,900 $2,600 $1,300 $0 1 2 3 4 5 6 7 8 9 10 Years Maximum Minimum Year Plant & Equipment Minimum Division 43 Total 1 5,198 5,202 10,400 2 3,671 5,202 8,873 3 2,648 5,202 7,850 4 2,093 5,202 7,295 5 1,705 5,202 6,907 6 1,373 5,202 6,575 7 1,112 5,202 6,314 8 775 5,202 5,977 9 557 5,202 5,759 10 419 5,202 5,621 11 + 3,302 156,035 159,337 Total $22,853 $208,055 $230,908 * assumes settlement on 1 July in any given year. $88,000 $79,200 $70,400 $61,600 $52,800 $44,000 $35,200 $26,400 $17,600 $8,800 Cumulative Yr 1-10 (Min & Max) $0 1 2 3 4 5 6 7 8 9 10 Years Maximum Minimum This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type and date of construction. This estimate is based upon legislation in force at the date of report production. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 07 3221 9922 Maximising Property Tax Depreciation Deductions 371310r1
BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t 07 3221 9922 f 07 3221 9933 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392 Estimate of Depreciation Claimable 2 Bedroom + 1 Car Space, The Palazzo 70-74 Carl Street, WOOLLOONGABBA, QLD 4102 Year Plant & Equipment Maximum Division 43 Total 1 6,866 7,395 14,261 2 5,039 7,395 12,434 3 3,619 7,395 11,014 4 2,830 7,395 10,225 5 2,281 7,395 9,676 6 1,656 7,395 9,051 7 1,562 7,395 8,957 8 1,089 7,395 8,484 9 784 7,395 8,179 10 592 7,395 7,987 11 + 4,670 221,840 226,510 Total $30,988 $295,790 $326,778 Comparison Yr 1-10 (Max & Min) $15,000 $13,500 $12,000 $10,500 $9,000 $7,500 $6,000 $4,500 $3,000 $1,500 $0 1 2 3 4 5 6 7 8 9 10 Years Maximum Minimum Year Plant & Equipment Minimum Division 43 Total 1 5,618 6,051 11,669 2 4,123 6,051 10,174 3 2,961 6,051 9,012 4 2,316 6,051 8,367 5 1,867 6,051 7,918 6 1,355 6,051 7,406 7 1,278 6,051 7,329 8 891 6,051 6,942 9 642 6,051 6,693 10 484 6,051 6,535 11 + 3,821 181,506 185,327 Total $25,356 $242,016 $267,372 * assumes settlement on 1 July in any given year. $101,000 $90,900 $80,800 $70,700 $60,600 $50,500 $40,400 $30,300 $20,200 $10,100 Cumulative Yr 1-10 (Min & Max) $0 1 2 3 4 5 6 7 8 9 10 Years Maximum Minimum This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type and date of construction. This estimate is based upon legislation in force at the date of report production. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 07 3221 9922 Maximising Property Tax Depreciation Deductions 371310r1
BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t 07 3221 9922 f 07 3221 9933 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392 Estimate of Depreciation Claimable 2 Bedroom + 2 Car Space, The Palazzo 70-74 Carl Street, WOOLLOONGABBA, QLD 4102 Year Plant & Equipment Maximum Division 43 Total 1 7,098 7,862 14,960 2 5,212 7,862 13,074 3 3,743 7,862 11,605 4 2,919 7,862 10,781 5 2,350 7,862 10,212 6 1,708 7,862 9,570 7 1,614 7,862 9,476 8 1,130 7,862 8,992 9 817 7,862 8,679 10 615 7,862 8,477 11 + 4,932 235,832 240,764 Total $32,138 $314,452 $346,590 Comparison Yr 1-10 (Max & Min) $15,000 $13,500 $12,000 $10,500 $9,000 $7,500 $6,000 $4,500 $3,000 $1,500 $0 1 2 3 4 5 6 7 8 9 10 Years Maximum Minimum Year Plant & Equipment Minimum Division 43 Total 1 5,808 6,432 12,240 2 4,264 6,432 10,696 3 3,063 6,432 9,495 4 2,389 6,432 8,821 5 1,922 6,432 8,354 6 1,398 6,432 7,830 7 1,320 6,432 7,752 8 924 6,432 7,356 9 669 6,432 7,101 10 503 6,432 6,935 11 + 4,036 192,954 196,990 Total $26,296 $257,274 $283,570 * assumes settlement on 1 July in any given year. $106,000 $95,400 $84,800 $74,200 $63,600 $53,000 $42,400 $31,800 $21,200 $10,600 Cumulative Yr 1-10 (Min & Max) $0 1 2 3 4 5 6 7 8 9 10 Years Maximum Minimum This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type and date of construction. This estimate is based upon legislation in force at the date of report production. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 07 3221 9922 Maximising Property Tax Depreciation Deductions 371310r1
12 EXPRESSION OF INTEREST Expression of Interest
70-74 Carl Street Woolloongabba EXPRESSION OF INTEREST This!Expression!of!Interest!is!a!non1binding!commitment!and!the!following!information!will!be! used!to!prepare!contracts.!if!you!do!not!wish!to!proceed!with!the!purchase,!the!initial!deposit!of! $1,000!is!fully!refundable.! APARTMENT(NUMBER:( BUYERS/PURCHASING(ENTITY(DETAILS:( Home!Address:!! Postal!Address! Phone:!! BUYER S(SOLICITOR( Company!Name:! Address:!! Phone:! Email:! Owner!Occupier:!! Yes No
CONTRACT(DETAILS( Purchase!Price:! Initial!Deposit:! Balance!Deposit:! Balance'Deposit'Payable'with'14'days'of'executed'contract'OR'upon'unconditional'finance' (Deposit'to'be'decided'prior'to'contract)' Finance!Clause:! Finance!Terms:! DIRECT(DEPOSIT:(Warlow Scott Lawyers Trust Account BSB: 084 391 Account: 476 727 045 Reference: 220/15 Lot XX (the relevant lot/apartment number for the sale) *This'Expression'of'Interest'is'only'considered'complete,'when'all'areas'on'the'form'are filled'in'correctly,'signed/dated'and'the'$1,000!initial'deposit'has'been'received,'or correct'credit'card'details'have'been'provided'with'a'signature.
PALAZZO PRICE LIST Apartment Type Bed/Bath/Car Internal Size Balcony Level Storage Building Position/Views Rent Return $ Per Week Body Corporate $ Per Annum Price 102 1 2 + 2 +1 84 20 1 Y Valley 570-600 3518.75 527,000 103 1 2 + 2 +1 84 20 1 Y Valley 570-600 3518.75 527,000 105 5 1 + 1 + Car Share 48 24 1 N District 430-460 2815 369,000 107 1 2 + 2 + 1 84 18 1 Y Urban 570-600 3518.75 527,000 201 2 2 + 2 + 1 86 17 2 Y City/Valley 600-630 3518.75 530,000 202 1 2 + 2 + 1 84 18 2 Y Valley 570-600 3518.75 530,000 203 1 2 + 2 + 1 84 18 2 Y Valley 570-600 3518.75 530,000 205 5 1 + 1 + Car Share 48 11 2 N District 430-460 2815 369,000 207 1 2 + 2 + 1 84 18 2 Y Urban 570-600 3518.75 530,000 208 1 2 + 2 + 1 84 18 2 Y Urban 570-600 3518.75 530,000 209 2 2 + 2 + 1 86 17 2 Y City/Urban 570-600 3518.75 533,000 302 1 2 + 2 + 1 84 18 3 Y Valley 570-600 3518.75 533,000 303 1 2 + 2 + 1 84 18 3 Y Valley 570-600 3518.75 533,000 305 5 1 + 1 + Car Share 48 11 3 N District 430-460 2815 372,000 307 1 2 + 2 + 1 84 18 3 Y Urban 570-600 3518.75 533,000 308 1 2 + 2 + 1 84 18 3 Y Urban 570-600 3518.75 533,000 309 2 2 + 2 + 1 86 17 3 Y City/Urban 570-600 3518.75 537,000 402 1 2 + 2 + 1 84 18 4 Y Valley 570-600 3518.75 536,000 403 1 2 + 2 + 1 84 18 4 Y Valley 570-600 3518.75 536,000 405 5 1 + 1 + Car Share 48 11 4 N District 430-460 2815 375,000 407 1 2 + 2 + 1 84 18 4 Y Urban 570-600 3518.75 536,000 408 1 2 + 2 + 1 84 18 4 Y Urban 570-600 3518.75 536,000 502 1 2 + 2 + 1 84 18 5 Y Valley 570-600 3518.75 539,000 503 1 2 + 2 + 1 84 18 5 Y Valley 570-600 3518.75 539,000 505 5 1 + 1 + Car Share 48 11 5 N District 430-460 2815 378,000 507 1 2 + 2 + 1 84 18 5 Y Urban 570-600 3518.75 539,000 508 1 2 + 2 + 1 84 18 5 Y Urban 570-600 3518.75 539,000 602 1 2 + 2 + 1 84 18 6 Y Valley 570-600 3518.75 542,000 603 1 2 + 2 + 1 84 18 6 Y Valley 570-600 3518.75 542,000 605 5 1 + 1 + Car Share 48 11 6 N District 430-460 2815 381,000 607 1 2 + 2 + 1 84 18 6 Y Urban 570-600 3518.75 542,000 608 1 2 + 2 + 1 84 18 6 Y Urban 570-600 3518.75 542,000 702 1 2 + 2 + 1 84 18 7 Y Valley 570-600 3518.75 545,000 703 1 2 + 2 + 1 84 18 7 Y Valley 570-600 3518.75 545,000 705 5 1 + 1 + Car Share 48 11 7 N District 430-460 2815 384,000 707 1 2 + 2 + 1 84 18 7 Y Urban 570-600 3518.75 545,000 708 1 2 + 2 + 1 84 18 7 Y Urban 570-600 3518.75 545,000 802 1 2 + 2 + 1 84 18 8 Y Valley 570-600 3518.75 548,000 803 1 2 + 2 + 1 84 18 8 Y Valley 570-600 3518.75 548,000 805 5 1 + 1 + Car Share 48 11 8 N District 430-460 2815 387,000 807 1 2 + 2 + 1 84 18 8 Y Urban 570-600 3518.75 548,000 808 1 2 + 2 + 1 84 18 8 Y Urban 570-600 3518.75 548,000 902 1 2 + 2 + 1 84 18 9 Y Valley 570-600 3518.75 551,000 903 1 2 + 2 + 1 84 18 9 Y Valley 570-600 3518.75 551,000 905 5 1 + 1 + Car Share 48 18 9 N District 430-460 2815 390,000 907 1 2 + 2 + 1 84 18 9 Y Urban 570-600 3518.75 551,000 1005 5 1 + 1 + Car Share 48 11 10 N District 430-460 2815 393,000 1008 1 2 + 2 + 1 84 15 10 Y Urban 570-600 3518.75 554,000
Disclaimer: All care has been taken in the preparation of this material. No responsibility is taken for any errors or omissions and details may be subject to change. Intending purchasers should not rely on statements or representations and are advised to make their own enquiries to satisfy themselves in all respects. Artwork images and plans are artists impressions only and are not to be relied upon as a definitive reference. Palazzo Brisbane, its proprietors, servants and agents intend by this statement to exclude liability for all information contained herein. CIR0045