Additional Information Booklet

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Additional Information Booklet

Exciting Investment Opportunity Starting from $ 390,000 No Vacancy for 10 years No Maintenance for 10 years Safe & Secure Investment Opportunity Would you like a hassle free Property Investment that comes with No Vacancy and No Maintenance or repairs for 10 years? Would you like a Property Investment that s comes with a minimum rental return for 10 years? Would you like a Property Investment that has huge growth potential? Would you like to purchase a Property Investment from a wellknown, respected and proven NT development company? Then take a look at this!!! 2

Introducing Coolalinga Village Zuccoli (3 minute drive) Johnston Howard Springs INPEX Accommodation Village Service Industry & Showroom Complex Feature Points Only 20 minutes drive from the Darwin CBD. Rapidly becoming an outer suburb of Darwin as well as the hub of the hugely popular rural area. A thriving community, with a large shopping strip and central to the city of Palmerston. When complete, Coolalinga subdivision will span 27 hectares on the eastern side of the Stuart Highway, with a sprawling shopping village anchored by major retailers Kmart and Coles, a McDonald s fast food outlet, a Coles Express service station, 50 specialty stores, restaurants, cafés, offices and green public spaces. Include a mixture of single dwelling and medium density lots; homes for more than 400 new residents. Casuarina Cox Peninsula Road Mandorah East Point Fannie Bay Ferry Darwin CBD 65,000 People Darwin Harbour East Arm Port Darwin International Airport Darwin Business Park Port Stuart Highway Palmerston 36,000 People Coolalinga Howard Springs 5km Rural Area 20,000 People 10km 15km Humpty Doo 20km Weddell 40,000 People Stuart Highway Arnhem Highway to Kakadu Noonamah North Australian Rail Berry Springs Stuart Highway To Katherine and Litchfield National Park 3

4 Galley Style Kitchens and Spacious Balconies

Rental Appraisals RENTAL APPRAISAL 5 March 2015 To Whom it May Concern Re: Rental appraisal for Fairweather apartments, Coolalinga The property is described as a one bedroom, one bathroom, two car space apartment in the new Fairweather apartment complex in Coolalinga. After careful consideration and taking into account the availability of rentals, size, condition and position of the property, it is our professional opinion that the market value for this property is $400 per week on an unfurnished basis. Please do not hesitate to contact me if you have any questions in relation to this matter. Yours faithfully NT Property Specialists Kathryn Staite Director/Property Manager Mobile: 0404 896 744 Email: kathryn@ntps.com.au 5

RENTAL APPRAISAL 5 March 2015 To Whom it May Concern Re: Rental appraisal for Fairweather apartments, Coolalinga The property is described as a two bedroom, 2 bathroom, 2 car space apartment in the new Fairweather apartment complex in Coolalinga. After careful consideration and taking into account the availability of rentals, size, condition and position of the property, it is our professional opinion that the market value for this property is $530 per week on an unfurnished basis. Please do not hesitate to contact me if you have any questions in relation to this matter. Yours faithfully NT Property Specialists Kathryn Staite Director/Property Manager Mobile: 0404 896 744 Email: kathryn@ntps.com.au 6

7

Fairweather 15 Fairweather Crescent COOLALINGA, NT 0839 8

BMT Tax Depreciation QUANTITY SURVEYORS Level 1, Paspalis Centrepoint Building 48-50 Smith Street, DARWIN, NT 0800 GPO Box 209 DARWIN, NT 0801 t 08 8941 3115 f 08 8941 3116 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392 13 March, 2015 The REIN Group GPO Box 160 SYDNEY, NSW 2001 15 Fairweather Crescent, COOLALINGA, NT 0839-358240.1 Dear Sir/Madam, 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 The REIN Group. 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 358240.1 9

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 10 Maximising Property Tax Depreciation Deductions 358240.1

BMTTax Depreciation QUANTITY SURVEYORS Appendix One BMT Tax Depreciation Estimate Fairweather 15 Fairweather Crescent COOLALINGA, NT 0839 Maximising Property Tax Depreciation Deductions 358240.1 11

BMT Tax Depreciation QUANTITY SURVEYORS Level 1, Paspalis Centrepoint Building 48-50 Smith Street, DARWIN, NT 0800 GPO Box 209 DARWIN, NT 0801 t 08 8941 3115 f 08 8941 3116 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392 Estimate of Depreciation Claimable Typical 1 Bedroom Apartment, Fairweather 15 Fairweather Crescent, COOLALINGA, NT 0839 Purchase Price $390,000 Year Plant & Equipment Maximum Division 43 Total 1 7,164 5,907 13,071 2 5,162 5,907 11,069 3 3,721 5,907 9,628 4 2,922 5,907 8,829 5 2,343 5,907 8,250 6 2,255 5,907 8,162 7 1,486 5,907 7,393 8 997 5,907 6,904 9 694 5,907 6,601 10 495 5,907 6,402 11 + 3,116 177,235 180,351 Total $30,355 $236,305 $266,660 Comparison Yr 1-10 (Max & Min) $14,000 $12,600 $11,200 $9,800 $8,400 $7,000 $5,600 $4,200 $2,800 $1,400 $0 1 2 3 4 5 6 7 8 9 10 Years Maximum Minimum Year Plant & Equipment Minimum Division 43 Total 1 5,862 4,833 10,695 2 4,224 4,833 9,057 3 3,045 4,833 7,878 4 2,390 4,833 7,223 5 1,917 4,833 6,750 6 1,845 4,833 6,678 7 1,216 4,833 6,049 8 815 4,833 5,648 9 568 4,833 5,401 10 405 4,833 5,238 11 + 2,550 145,011 147,561 Total $24,837 $193,341 $218,178 * assumes settlement on 1 July in any given year. $87,000 $78,300 $69,600 $60,900 $52,200 $43,500 $34,800 $26,100 $17,400 $8,700 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 08 8941 3115 12 Maximising Property Tax Depreciation Deductions 358240.1

BMT Tax Depreciation QUANTITY SURVEYORS Level 1, Paspalis Centrepoint Building 48-50 Smith Street, DARWIN, NT 0800 GPO Box 209 DARWIN, NT 0801 t 08 8941 3115 f 08 8941 3116 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392 Estimate of Depreciation Claimable Typical 2 Bedroom Apartment, Fairweather 15 Fairweather Crescent, COOLALINGA, NT 0839 Purchase Price $470,000 Year Plant & Equipment Maximum Division 43 Total 1 7,472 6,992 14,464 2 5,872 6,992 12,864 3 4,186 6,992 11,178 4 3,229 6,992 10,221 5 2,550 6,992 9,542 6 2,399 6,992 9,391 7 1,592 6,992 8,584 8 1,079 6,992 8,071 9 752 6,992 7,744 10 543 6,992 7,535 11 + 3,644 209,754 213,398 Total $33,318 $279,674 $312,992 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 6,114 5,720 11,834 2 4,804 5,720 10,524 3 3,425 5,720 9,145 4 2,642 5,720 8,362 5 2,086 5,720 7,806 6 1,963 5,720 7,683 7 1,302 5,720 7,022 8 883 5,720 6,603 9 616 5,720 6,336 10 445 5,720 6,165 11 + 2,982 171,617 174,599 Total $27,262 $228,817 $256,079 * assumes settlement on 1 July in any given year. $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 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 08 8941 3115 Maximising Property Tax Depreciation Deductions 358240.1 13

Floorplans There are 2 different floorplans to choose from: Unit Type 1 2 Bedroom apartments priced at $ 470,000 with a guaranteed minimum rental return of $ 520 per week. Unit Type 2 2 Bedroom apartments priced at $ 470,000 with a guaranteed minimum rental return of $ 520 per week. The Lease 10 YEAR GUARANTEED GOVERNMENT LEASE (Possibility for a further 5 years extension) NO VACANCY FOR 10 YEARS NO MAINTENANCE OR REPAIRS FOR 10 YEARS Minimum rent can increase each year, however can never be lower than the minimum rent specified above. Restoration service at the end of the term. Emergency repair service. 14

Open Plan Living with Modern Finishes Time and Tenants Two crucial requirements for a successful Property Investment!!!! Time allowing time for the property Investment to grow and go through a number of cycles (up s and down s) before the property becomes profitable, resulting in a healthy capital growth rate / profit. Tenant s having good tenants that will pay the rent on time and maintain the property in a satisfactory condition, keeping the value and integrity in the property whilst growing in value through capital growth. With this in mind how does a property Investment sound that comes with a guaranteed 10 year lease from the NT Government, with a very reasonable minimum MONTHLY rental return, that includes all maintenance and repairs during the 10 year period, sound interesting? If you are looking for a SAFE & SECURE Property Investment that you can SET & FORGET, add to your assets and retirement plan, than this Investment opportunity is not to be missed. This type of Property Investment eliminates the worry of having to find a good paying tenant and eliminates 3-4 weeks a year in Vacancy and costly maintenance and repairs, however more importantly what better tenant could you ask for than the NT Government, who will be taking care of and nurturing your Investment during the 10 year term and as it grows in value / capital Growth. 15

High Growth Potential Location Display Office Shop 1/33 Cavenagh Street Darwin NT 0800 Australia Contact Gwelo on 08 8943 7300 or Simon Connelly on 0411 210 744 enquiries@gwelodevelopments.com.au Disclaimer This document and all its contents are for information purposes only and are subject to change without notice at any time. Illustrations, images, plans, statements, figures, calculations and representations in this material are depictions, impressions or estimates and are for presentation purposes only. Whilst this material has been prepared with all reasonable care no warranty is given as to the accuracy, currency or completeness of the information contained within it and it is not intended to be relied upon in any way. The Developer and its related companies and their consultants and agencies accept no responsibility for any of the information contained in this material or for any action or omission taken in reliance upon it by any party including any purchaser or potential purchaser. All prospective buyers are advised to carry out their own investigation in order to satisfy themselves as to all aspects of the development and should seek independent legal and financial advice in relation to all information contained within this material. The development is subject to future changes in design, dimensions, fittings, finishes, specifications, costs and other representations without notice at any time. The information contained within this material is intended to be used as a guide only and does not constitute an offer, inducement, representation, warranty or contract. If a Contract of Sale is entered into Purchasers will acknowledge that nothing in this material has been relied upon and that the Contract of Sale embodies only the representations upon which the Purchaser relies.