‘Macarthur Grove’

Lot 44 Dual Living

Information Memorandum

586 Urana Road Hamilton Valley,

Albury, NSW, 2641 Subdivision

Macarthur Grove

HIA fixed price contract

All site costs

2 split system air conditioning units

Stone bench tops

Security screens to two nominated external doors

Fly screens on all windows & sliding glass doors

Mirror sliding doors to all bedroom robes

Fisher & Paykle stainless steel range hood

Fisher & Paykle stainless steel dishwasher

Fisher & Paykle stainless steel ceramic cooktop

Modern basin and vanities in bathrooms

Modern block out roller blinds

Landscaping

Fencing

Clothesline

Letterbox

Plus much more………….

Disclaimer: Photographs & illustrations are intended to be a visual aid only. The builder gives no warranty and makes no representation to the accuracy of sufficiency of any description, illustrations, photographs or statements contained in this brochure and accepts no liability for any loss suffered by any person who relies wholly or partly upon the information presented. All information is subject to change without notice

Turn-key package $479,500

House $359,500 Land $120,000 813 sqm

Titles Anticipated Feb 2016

Dual Living - Lot 44

Macarthur Grove

3 Bedroom Home

Area Area (m2)

House 139.90

Garage 22.87

Porch 4.62

Alfresco 17.96

Total 185.35

To be used as a guide only. Finale setbacks are subject to site conditions, council and covenant requirements.

Please note: This document does not form part of the contract. Contract plans override any artist

Disclaimer: Photographs & illustrations are intended to be a visual aid only. The builder gives no warranty and makes no representation to the accuracy of sufficiency of any description, illustrations, photographs or statements contained in this brochure and accepts no liability for any loss suffered by any person who relies wholly or partly upon the information presented. All information is subject to change without notice

Dual Living Home

Area Area (m2)

House 59.57

Carport 21.05

Porch 1.17

Alfresco 10.88

Total 185.35

Auxiliary Dwelling

Special Features

2 homes

2 x Split system air conditioning

Stone bench tops

Hebel external cladding system fully rendered and painted finish

Security screens to two nominated external doors

3 coat paint system to all internal walls

Fisher & Paykel stainless steel fan forced oven

Fisher & Paykel stainless steel cooktop

Fisher & Paykel stainless steel rangehood

Fisher & Paykel stainless steel dishwasher

Specifications

Standard SpecificationsCaptivating sense of style that hints of the beautiful living spaces

Kitchens

Kitchens are spacious and functional with abundance of space and storage

Fisher & Paykel appliances turns cooking from a routine into a ritual, a meal into a creation, a chore

into a pleasure

Designer quality fixtures and fittings Sotne bench tops Stainless steel sink Chrome tapware Overhead and underbench cupboards Chrome handles Tiled floor Feature wall splash back

The kitchen is the heart of the home, a space people naturally gravitate to

Kitchens

Bedrooms

Bedroom spaces are big enough for you to create the things that dreams are

made of and are finished with

Mirrored robes Roller blinds Fly screen Designer carpet Plenty of storage Split system air conditioning

The relaxing space

Bathrooms

Bathrooms and ensuites are designed with space, light, detail and include

Vitreous china toilet suites Dual flush toilet suites Beautiful bath to suit bathroom design Combination heat lamp/light with fan Framed clear glass pivot shower screen Vanity mirror Designer cabinets Functional basin Designer floor and wall tiles Feature wall tiles in shower Designer chrome handles Chrome tapware Chrome towel rails Chrome toilet roll holders

The design element has a purpose and is functional

Standard Specifications

Standard Site Works Joinery & Finishes

Survey, soil test and site inspections Cove cornice throughout

Building permit application fees Carpet to non tiled areas

Earthworks including leveling of building platform Ceramic floor tiles to main floor areas & wet area

External Sewer drainage and connection to existing junction, stormwater drainage of roof water to street or easement in block

Skirting and architrave painted with full gloss quality paints

Water service connection Mirror sliding doors to all bedroom robes

Provide conduit and cabling for underground connection of single phase electricity to meter box, including mainsconnection fee & metering

Flush panel internal doors painted with full gloss quality paints

Provide temporary fencing during construction (as required by council regulations)

Chrome/satin/stainless steel/satin chrome/ brushed aluminum/polished chrome internal door handles

External Works Melamine Sliding doors to Linen

Connections to power, water, sewer and roof storm water

Walk in robe or built in robes to bedroom one, robe to other bedrooms

Site is cleared of builder’s waste materials 3 coat paint system to all internal walls

Exposed concrete driveway & pathway to porch Irrigation system to turf and garden beds

Exposed concrete to porch, alfresco and rear patio areas Electrical

Front & rear landscaping & gardens Double power points throughout

Two external taps & power points 2 x TV and 2 x telephone points

Timber paling fencing or Colorbond® (as per subdivision covenants)

Earth leakage electrical safety switch to lights and power points

Designer letterbox with house number Smoke detectors as required by authorities

Powder coated fold down clothesline Combination heat lamp/light/exhaust fans to bathroom and ensuite

Water tank & pump (as required for building approvals) 2 x Split system air conditioning units

Outdoor undercover entertaining area including weatherproof

Oyster light Fittings to all internal light points, Up down light fittings to front of house, downlight to porch, floodlight to rear garage door/external laundry

Turn-Key

Standard Specifications

Fixtures & Features Kitchen Bathrooms and Laundry

Feature front door Stone kitchen bench tops

Sectional garage door with remote Stainless steel kitchen sink

Minimum 6 star energy rating Fisher & Paykel stainless steel fan forced oven

Wall & ceiling insulation provided as per the 6 star energy report Fisher & Paykel stainless steel rangehood

Energy efficient gas continuous flow hot water system unless covenant states otherwise Fisher & Paykel ceramic cooktop

3 coast paint system to all internal walls Fisher & Paykel stainless steel dishwasher

Interior and exterior professionally prepared colour schemes

Fisher & Paykel stainless steel fan forced oven (dishwasher including single power point & cold water point)

Extended maintenance warranty period Vitreous china toilet suites

Blinds to windows & sliding glass doors (excludes front entry side lights if applicable) Dual flush toilet suites

Fly screen to all windows and glass sliding doors Acrylic bathtub (to suit design)

Security screen to 2 x external doors Framed clear safety glass ‘pivot’ shower screen

Termite treatment system to the perimeter of the concrete slab and all penetrations Chrome toilet roll holders to all bathrooms

Engineer designed slab up to “M”class depending on site conditions Chrome towel rails

Wind velocity classification to design frames & trusses as per AS1684

Chrome tapware to bathroom

90mm pine wall frames Chrome tapware to ensuite

Engineer designed roof trusses (roof pitch as per drawings) Chrome tapware to laundry

Metal Colorbond® sheet roofing (ref drawings) Chrome fixed shower rose to showers

Roof pitch of minimum 26 degrees

Powder coated aluminum windows

Metal Colorbond® fascia and slotted guttering

Low maintenance downpipes

Hebel rendered and painted high performance external cladding system

Turn-Key

‘Macarthur Grove’ 586 Urana Road Hamilton Valley,

Albury, NSW Subdivision

Area Information

Property Criteria

Area Overview

The region is the fastest growing regional centre in Australia. Albury/Wodonga is recognised as a strategic hub positioned perfectly between Australia’s two largest cities being Melbourne and Sydney and more than 75% per cent of Australia’s population can be reached by next day transport

Capital Growth An average 8.06% capital growth over the last 36 years according to statistics from Fisher Murphy Valuers

Rental Return 5.0% per annum

Population Growth 1.65% average (2011 – 2031)

Vacancy Rates 3.9% yearly average

Infrastructure $542.9 Million in recently completed, commenced or planned construction and infrastructure projects

Property SupplyProperty supply is carefully monitored to ensure that an oversupply isn’t created. This is done by the staggered release of lots, running parallel to infrastructure being build and population growth

Education

Primary and secondary school education is delivered by a combination of state government schools, Catholic schools, non-government independent schools, specialist schools and combined primary and secondary schools. The Albury Wodonga region is serviced by the Latrobe University, Charles Sturt University and UNSW Rural Clinical Medical School

Stamp Duty Refer to NSW State Government

Rates Approximately $3,000

Valuation Independent property valuations undertaken on properties to ensure due diligence

Land Registration See property flyer

Land Payment $1,000 holding deposit balance of 10% on finance approval

Build Payment 5% at first invoice or refer to contract

Macarthur Grove - Hamilton Valley - Albury - NSW

Why Invest In NSW?

NSW has the largest economy in Australia.

Valued at $360 billion. This is one-third larger than that of the next state, and Sydney alone accounts for almost one quarter of Australia's GDP.

Both the Queensland and Australian Government constantly reinvest in the infrastructure required for an expanding population and a growing economy.

Overview

Th e e c o n o m y o f N S W i s h i g h l y diversified, with strengths in a broad range of industries. It is one of the world’s leading service economies with strengths in finance and business services, communicat ions and in format ion technology. At the same time, the State b o a s t s s i g n i fi c a n t s t r e n g t h s i n manufacturing and processing, as well as in agricultural and minerals production. New industries as diverse as biotechnology, aquaculture and digital media are also flourishing.

Players

Sydney is Australia’s business and finance capital. According to figures compiled by Ibis World, New South Wales is home to 48% of the top 500 enterprises in Australia by revenue. This figure includes many foreign-owned companies, which use New South Wales as a base for expanding Asia Pacific operations. Multinational corporations with a major presence in New South Wales span all industries and include IBM, Coca-Cola Amatil, ING, Nestle, Allianz and Vodafone just to name a few.

There has never been a better time to invest in New South Wales.

Powerhouse

Situated on the doorstep of Asia, Austral ia 's largest e c o n o m y i s a re g i o n a l powerhouse in one of the most stable political and regulatory environments in the world. Most importantly, its rich industry diversity has been instrumental in achieving a s tagger ing 23 years of uninterrupted growth, giving it a AAA sovereign credit rating from global agencies S t a n d a rd & Po o r ' s a n d Moody's.

Price Growth

It seems that price growth in Sydney is simply refusing to s l o w d o w n , w i t h m a n y property pundits pointing the finger at low interest rates. So how will rates dictate future price growth in the NSW capital?

The One To Watch

Because of its diversity and solidity, Albury-Wodonga avoids the volatility of single-industry economies. Albury-Wodonga ticks all the boxes. Its population (around 85,000) is growing at rates above national averages. Its location is strategic. I ts connectivity is good. It sits beside a lake and a river runs through it.

Why Invest Albury?

A Major Regional City

Albury is a major regional city in New South Wales, Australia, located on the Hume Highway on the northern side of the Murray River. It is located wholly within the boundaries of the C i t y o f A l b u r y L o c a l Government Area.

Albury is the second major city of the Riverina and the second largest inland city in New South Wales, behind Wagga Wagga.

Albury has a urban population of 53,507 people.

It is separated from its twin city in Victoria, Wodonga by the Murray River. Together the two cities form an urban area with a population of more than 90,000.

It is 554 kilometres (344 mi) from the state capital Sydney and 326 kilometres (203 mi) from the Victorian capital Melbourne.

About Albury

Did you know that Albury was once in contention to become Australia's national capital?

The reasons why are easy to understand. After all, Albury sits at the epicentre of the Sydney-Melbourne-Adelaide triangle where 75% of all Australians live. Another attraction is the region's distinctive natural beauty, with the majestic Murray winding through alpine terrain to the east and fertile river plains to the west.

Living in Albury today means enjoying not only this stunning natural setting but also all the amenities of a thriving modern city.

Diversity is the key to residential property investment success

Education

E d u c a t i o n i s a s t r o n g element, with five university or TAFE campuses and 74 schools, including 20 private ones. Medical facilities, which include the base hospital and a private hospital, will soon be expanded with a $75 million cancer centre.

Airport

Albury Airport is the second busiest regional airport in N S W. T h e r e ' s a l o t o f business traffic and Quest Apartments, which services the business traveller, has two hotels with a third under construction. Accor is also planning a hotel there

Advantage

It's in the city's favour that, while its population growth r a t e e x c e e d s n a t i o n a l averages, it's not the boom g r o w t h t h a t i n s p i r e s developers to procreate an over-supply. There are many new res ident ia l estates sprouting but they appear to be in balance with genuine demand and vacancy rates are low

Main Street

Walking down Dean Street in the heart of Albury’s CBD, it’s easy to see why there is a genuine buzz around town. The streets are alive with shoppers and the cafes are bountiful. People enjoy the s u n s h i n e i n a l - f r e s c o restaurants while others make their way to work. It’s a s c o s m o p o l i t a n a s M e l b o u r n e o r S y d n e y, without the crazy queues for coffee.

In the city’s heart lies QEII S q u a r e , a l u s h g r e e n community space ideal for evening markets, pop-up concerts or a lazy day in the sun. Immediately adjacent sits the home of Australia’s newest contemporary art museum.

There’s More

There's a newsprint mill, an a b a t t o i r , a m a s s i v e Woolworths distribution warehouse and a cardboard box factory.

Mars Corporation has its corporate HQ in the city, Bunnings has two major warehouses and the military economy includes Latchford Barracks.

.

Why Invest in Albury?

Community & Cultural Infrastructure

Albury is serviced by two major hospitals - one public and one private accredited day surgeries and regional Australia's first s p e c i a l i s t o n c o l o g y t r e a t m e n t f a c i l i t y . Combined, Albury and Wodonga have a medical fraternity of more than 200 GP's and specialists.

Albury also supports an active cultural and artistic scene. Its CBD cultural precinct includes the Albury Entertainment Centre, Albury Art Gallery and the LibraryMuseum.

Located on the Murray River, the city has over 30km of walking and cycling tracks, along with 35 outdoor playing surfaces that are used for athletics, Australian Rules football, baseball, cricket, croquet, hockey, netball, tennis, touch football, rugby league, rugby union, skateboarding, soccer and softball.

$50 million office building for the ATO $26 million

$26 million in infrastructure works to start the Junction Place project

$10 million commercial building as HQ for North East Water

$80 million Mann’s Central Shopping Centre development

$25 million Quest apartments hotel

$12 million arts centre

$11 million aquatic centre

$10 million super clinic

$65 million cancer centre

$50 million retirement village

Albury's infrastructure is second to none

Local Schools

There are 20 schools in Hamilton Valley within a distance of 5 kilometres.

Future Growth

Hamilton Valley is one of two areas designated by the Albury Ci ty Counci l to a c c o m m o d a t e f u t u r e residential growth.

It is located at the north-western edge of the current b u i l t - u p a r e a , i s geographically constrained and is bounded by areas of high landscape value.

The valley will contain a mix of land uses and densities, c o v e r e d b y d e s i g n g u i d e l i n e s a n d o t h e r development con- trols that ensure that development responds to its contexts, meets a wide range of the communities needs and provides a critical mass of activity to support a wide range of socially valuable support services.

The Estate

Hamilton Valley is a suburb in the Albury Region of New South Wales.

Macarthur Grove is an exciting new land release in the popular suburb of HamiltonValley.

Close to primary and secondary schools , major sport ing and re c re at i o n a l f a c i l i t i e s , l a rg e shopping and medical centres.

Macarthur Grove offers a quiet country feel with pleasant rural outlooks, with no highway or railway noise, assuring a quality and peaceful lifestyle for your family.

With the Black Range Hills as a backdrop these quality allotments offer an ideal location for your new home.

Living in the area

The best single word to define the area is probably 'balanced'

With a population of more than 55,000 people and a gross regional product of more than $3.7 billion, the city is large enough to provide career challenges and cosmopolitan living, yet relaxed enough to allow for plenty of family and leisure time.

The area does enjoy long, warm summers, mellow autumns, crisp winters and colourful springs. Whatever the season, there are endless ways to enjoy our sensational lifestyle on the Murray.

Highlights include boating, fishing and waterskiing on Lake Hume, day trips to the Victorian Alps, and short drives to award-winning wineries and historic townships.

Why Invest in Macarthur Grove?A wonderfully diverse area

MapsThe area has been identified among the nation’s top regional

Location Overview

Shopping

Myer Centrepoint Centro Albury Albury Central Local production and service providers

Education

The Scots school AlburyMurray high schoolJames Fallon high schoolXavier high schoolRiverina Tafe Albury campus Latrobe University Albury campus

Transport

Albury airport Local bus routes Rail

Medical

Albury Central Medical Clinic Central Medical Group Gardens Medical GroupAlbury Base Public Hospital Albury Wodonga Private Hospital

Lifestyle

Albury Aquatics facilitiesThurgoona Golf courseN u m e r o u s p a r k s Sporting fields and gyms

Property Observer

There are positive things about the market and some people are predicting it as a bit of a boom town – I think it wi l l remain s teady and strong. (Peter Drummond)

Herron Todd White

The region was raised last year as a potential growth area, with Herron Todd White’s August 2013 report saying that both houses and units in Albury were at the bottom of the property market cycle.  

Albury-Wodonga – the Fastest Growing Regional Centre in Australia

Lifestyle

Albury Aquatics facilitiesThurgoona Golf courseN u m e r o u s p a r k s Sporting fields and gyms

Property Observer

There are positive things about the market and some people are predicting it as a bit of a boom town – I think it wi l l remain steady and strong. (Peter Drummond)

Herron Todd White

The region was raised last year as a potential growth area, with Herron Todd White’s August 2013 report saying that both houses and units in Albury were at the bottom of the property market cycle.

Employment

In regional NSW, major population centres such a Albury stand to win from investments in local infrastructure. Albury has become a major regional transport and business hub thanks to an ongoing commitment to improved government infrastructure such as the impending extensions to A l b u r y H o s p i t a l a n d improvements to the Hume Highway, which is t h e m a j o r r o a d l i n k between Melbourne and Sydney.

Employment is spread over a range of sectors in Albury, with the majority of the city’s 21,293 workers are employed in health care and social assistance industries, followed by retail sector workers.

To further ensure the strength of the region’s economy, the local government has outlined a Digital Economy Strategy, intended to help businesses “transition into a world that is increasingly digitised”. Albury City and Wodonga City committed to a range of initiatives that it predicts will contribute to Albury-Wodonga’s economy by as much as $571 million per year.

There's a newsprint mill, an abattoir, a massive Woolworths distribution warehouse and a cardboard box factory. Mars Corporation has its corporate HQ in the city, Bunnings has two major warehouses and the military economy includes Latchford Barracks.

Population & EmploymentOn the watch list for long term capital growth

Growing Region

The region is the fastest-growing among the Regional Cities Victoria Group, more than Ballarat (1.7 per cent), Greater Bendigo (1.6 per cent) and Greater Geelong (1.6 per cent).

O u t o f t h e 7 9 l o c a l government areas in Victoria, Wodonga is ranked 14th in terms of population growth rate.

Wodonga Counci l chief e x e c u t i v e P a t i e n c e Harrington said the figures were in line with the city’s forecasted growth to reach 55,000 people in 2031.

“Not only do we have a great l i f e s t y l e h e re w e h a v e affordable housing options, employment opportunities and a central business area that is undergoing a major transformation,” she said.

“ We h a v e w o n d e r f u l l y d i v e r s e p o p u l a t i o n . ” (April 4, 2015)

Level -Pegging

Albury and Wodonga’s population growth is almost level-pegging, with the latest count recording an 800-plus increase for each city.

Wodonga’s population as of June 30, 2014, was estimated at 38,131, a 2.2 per cent jump or 814 on 2013. 

Albury remains the larger centre with an estimated 51,082 residents. That was a 1.7 per cent or 847 increase on 12 months before.

A further breakdown of the figures has revealed a growth of 400 people in East Albury, the third-highest of any individual suburb in inland NSW.

These growth rates though are in contrast to the experience of several other towns across the Border region whose populations have largely remained stagnant.

Alpine’s population dropped by eight people to 12,028 Benalla’s by 92, or 0.7 per cent, to 13,597

Towong’s by 88 (1.5 per cent) to 5797

Wangaratta by 59 (0.2 per cent) to 27,117

Indigo added 49 residents (0.3 per cent) to take its estimated population to 15,409

Moira 180 (a 0.6 per cent increase) to 28,833

In The NewsIn Albury City, 26% of households were made up of couples with children in 2011,

compared with 27% in Regional NSW.

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Nexus

Nexus is a 450 ha industrial precinct in Albury's industrial growth area, adjacent to the H u m e F r e e w a y a n d Melbourne-Sydney main rail line.

The Ettamogah Rail Hub operates within Nexus and presents an opportunity for rail freight access along the eastern seaboard.

The Norske Skog paper mill and Overal l Forge also operate within this precint and there are remaining opportunities for additional enterprises to join this key transport node.The Nexus Industrial Precinct is zoned to support large and heavy industrial development and offers the opportunity for 24/7 operations.

Infrastructure

The region boasts capital city infrastructure with excellent e d u c a t i o n a l , h e a l t h , telecommunicat ion, road, rail and sporting facilities in place

The Albury/Wodonga region has a total population of over 86,000 of which around 50,000 (est. 2013) are accounted for in the Albury City Council area. Strong growth is forecast over the next 18 years with an additional 17,480 people expected to call Albury home. This translates to a steady growth rate of 1.65% p.a. Currently there is 21,604 dwellings in the Albury City council area making the average household size 2.36 persons, right on the national average. Considering the growth forecast for the next 18 years Albury will require an additional 349 dwellings per year to meet this need.

Health

Every aspect of a modern, progressive and expanded health service exists in the region. There are five first-class hospital facilities, three public and two private, in the region including provision of specialist oncology services. These hospital facilities are coupled with an extensive network of allied health professionals, diagnostic, rehabilitation, and support services.

Education

Albury/Wodonga has access tosix post secondary education providers which include La Trobe University, Charles Sturt University, University N.S.W, Wodonga Institute of TAFE, Riverina Institute of TAFE and the Albury Wodonga Community College. The combined services offer comprehensive educational options in a diverse range of fields.

DemographicsAlbury and Wodonga hitting equal population growth

Why Invest Albury?Business in Albury

Primed to grow business

Albury is one of the most vibrant regional cities in NSW. Located at the centre of the Sydney-Melbourne-Adelaide triangle, Albury is the major retail, commerical, administrative and cultural centre for the greater Albury Wodonga region, home to more than 170,000 residents

The Albury economy is diverse and resilient. As at December 2013, the city's Gross Regional Product (GRP) was valued at  $2.806 billion and Output (Gross Revenue) was $5.817 billion.

Our major industrial sectors are the manufacturing, construction, real estate and healthcare sectors. Around 8,000 local businesses of all sizes contribute to Albury Wodonga's combined Gross Regional Product of approximately $5 billion. The population of Albury is 50,243 and a further 37,345 people live in neighbouring Wodonga. The combined population is expected to top 123,298 by 2031.

Development in Albury has seen healthy investment levels over the past few years, with new development exceeding $134 million per annum.

Business

Albury is the major retail, commerical, administrative and cultural centre for the greater Albury Wodonga r e g i o n , h o m e t o o v e r 170,000 residents.

Transport and Logistics

Albury sits centrally in the Sydney–Melbourne–Adelaide triangle, home to 75% of Australia’population

Industrial Albury's industrial areas are located in close proximity to both the Hume Freeway and freeway interchanges to the

north and south of the city.

Lifestyle and work-life balance

You’d have to search hard to find a city that can match Albury’s blend of urban buzz, natural beauty and outdoor lifestyle

Community ProfileAlbury-Wodonga – the Fastest Growing Regional Centre in Australia

Community ProfileThe Census population of Albury City in 2011 was 47,809, living in 21,604 dwellings with

an average household size of 2.36

Community Profile22,431 people living in Albury City in 2011 were employed, of which 62% worked full-time

and 36% part-time

Questions

Questions Answer

What is a ‘EOI’ Expression of interest (‘EOI’) is not a binding agreement. Once an EOI has been submitted the property is taken off the market while the contract is being prepared.

Do I need to pay a deposit with an EOI and is it refundable

Yes! An initial deposit of $1,000 is required when the contract is signed. The deposit se- cures the property and is fully refunded up until all the contract conditions have been meet and the contract is unconditional. There is a further 10% deposit to be paid on the land at finance approval.

How long do I have to sign the contract Contracts must be returned with in seven (7) working days of being issued

How does progress payments work The following progress payments are due and payable after completion of the stage of the Building works as listed below • Deposit 5% • Base 10%• Frame 15% • Lock up 35% • Fixing 20% • Practical completion 15% Please check the contract

When does the Property Management Process commence?

The property management process commences 6 weeks before the completion or handover date of your investment property. The property manager will call you to discuss attending the pre completion inspection on your behalf with the builder and will also discuss the proposed rental expectation you can expect to receive. The managing agent will commence their extensive marketing campaign typically 4 weeks before your property is completed and handover over to the managing agent