4 Now Selling Victoria Gardens, 2 - 4 Beezley St, Glen Eden Spacious 4 bedroom architecturally designed townhouses in a private and secure gated ...
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4 OOM
BEDRHOUSES
N
TOW
Artists Impression
Now Selling
Victoria Gardens, 2 - 4 Beezley St, Glen Eden
Spacious 4 bedroom architecturally designed townhouses
in a private and secure gated community
- 1 -
Victoria Gardens
Victoria Gardens is a private and secure gated community in the well established
Coastal and Industrial City of Gladstone.
Located in Glen Eden only 8 minutes drive from the Gladstone CBD with easy access to
shops, schools, public transport and the airport, this modern complex offers excellent
opportunities for owner-occupiers and investors alike.
The project has been architecturally designed to incorporate today’s lifestyle needs.
Each townhouse incorporates an open plan kitchen and living area downstairs along
with a separate toilet and laundry area, remote lockup garage with internal access. The
living area opens onto large private courtyard spaces. Upstairs are the four (4) spacious
bedrooms with built in robes and two bathrooms.
The award winning builder and developer, Altum Constructions, won the 2011 HIA
Greensmart Energy Efficiency award for the Queensland region. So it’s no wonder that
additional features like water tanks and energy efficient fixtures and fittings ensure the
environmental impacts are kept to a minimum.
Great location and design, award winning builder, strong capital growth and good
rental returns make Victoria Gardens a must for any property portfolio.
Artists Impression
- 2 -
4 OOM
BEDRHOUSES
Artists Impression
N
TOW
Unique Opportunity
Victoria Gardens, 2 - 4 Beezley St, Glen Eden
· Spacious 4 bedroom townhouses
· Architect designed
· Private and secure gated community
· Dedicated grounds caretaker
· Rental manager and receptionist
· 8 Minutes from Gladstone CBD
· Parking for two cars
· European designed stainless appliances
· Air-conditioned
- 3 -
Contents
Executive Summary 5
Site Plan 6
Location 7
Standard 4 Bedroom Plan 8
Building Specification 9
Gladstone Region 10
Gladstone Economic Drivers 11
Gladstone Infrastructure Projects - Summary 12
Gladstone Housing Demand 13
Disclaimer 14
Expression of Interest 15
- 4 -
TAKE
ADVANT
AGE OF
$10,00
BUILDIN
0
G
BOOST
GRANT
The State Government is offering a $10,000 building boost grant for investors
that buy at Victoria Gardens before the 31st January 2012.
See http://boost.treasury.qld.gov.au for more details.
Executive Summary
Purchase Price: From $485,000
Address: Victoria Gardens, 2 – 4 Beezley St, Glen Eden
Unit Summary:
PRICED FROM
4 2.5 $485,000
5 3.5 $525,000
Construction Commencing: February 2012
- 5 -
.
AVE
ORIA
VICT
11
10
9 12
8
13
7
6
4 5 CK C 14
BLO
BLO
CK D
15
3 CK B
BLO
2
BLOCK A
16
1 33 34 36 37
35 38
17
BLOCK E
BLOCK J
BLOCK K 18
SOLD
BLOCK H BLOCK L
19
BLOCK G
32 31 30 29 28 BLOCK F
27 26
25 24 23 22 20
21
- 6 -
Location
Victoria Gardens, 2 - 4 Beezley St, Glen Eden
GLEN
TO GLADSTONE CBD
LYON
TONDOON (8 minutes drive)
BOTANICAL RD
GARDENS
BILLABONG DR
TONDOON
LAKE
DI
CK
EY
RD UM
J
B U CK C T
VICTORIA AVE
APPROVED FOR:
• Retail Shops
GLEN
• Service Station
• Medical Centre
REINAERHOFF C
LYON
• Child Care Centre
BEEZLEY ST
RD
ES R
ria
Vicrtdoens
GOaWNHOUSES
Early e
T
D
R as
DA
LY Rele
ST STEPHENS
LUTHERAN COLLEGE
RD - LINK RD
KIRKWOOD
*MAP NOT TO SCALE
- 7 -
Plans
Standard 4 Bedroom
- 8 -
Building Specifications
External – General
Ground floor Walls Weathertex weatherboard or similar 1800mm high timber paling fence
First floor Walls Hardiflex sheeting with smooth paint finish 3000 litre water tank
Roof Colorbond Custom Orb or similar
Internal - General
General to all Townhouses
Door hardware architectural lever range or similar with satin chrome finish As per approved landscaping plan
Paint finish to flush panel doors Automatic garage door
Split air conditioning system to lounge/dining area & master
Architraves low sheen acrylic paint to match walls
bedroom & fans to all living & all bedrooms
Selection of low voltage satin chrome down-lights and All units to include fly screens & security screens to
oyster style fittings developer’s specification
Entry
Tile floor to developer’s specifications Selected paint finish to all walls
Solid timber entry door with gloss enamel paint finish
Kitchen
Selected laminate bench tops, laminate finish to vertical surfaces, with One and half bowl stainless steel sink Raymor “Atlantic” with
selected satin chrome hardware or similar “Tapac” sink mixer or similar
Tile floor to developer’s specifications European designed cooktop, range hood & oven
Tile splash back to developer’s specification 2 double GPO points and dishwasher
Bathrooms & Ensuite
Tile floor to developer’s specification “Tapac” tapware or similar
Ceramic wall tiles to 1800mm approx behind shower Shower satin chrome framed screens or fixed panels
Selected melamine vanity to vertical surfaces, with satin chrome hardware “Atlanta” satin chrome toilet roll holder, soap dish, towel rail
or similar or similar
Mirror above vanity Satin chrome hardware or similar to Powder Room
“Tapac” showerhead or similar, satin chrome glass shower screen over bath “Roma Ceramic” toilet suite or similar
Semi recessed basin or similar 1 double GPO point
Laundry
Ceramic floor tiles “Tapac” tapware or similar
35 litre stainless steel laundry tub 1 double GPO point
200 mm high splash back to tub
Living and Dining Areas
Tile floor to developer’s specifications 2 double GPO points
Skirting to be low sheen acrylic paint to match walls 1 telephone point
Washable low sheen acrylic paint to walls 1 television connection point
Powder coated aluminum sliding doors
Bedrooms
Quality carpet on quality underlay Built-in-robe shelf and hanging rail with vinyl coated doors
Skirting to be low sheen acrylic paint to match walls Powder coated aluminum windows
Walls washable low sheen acrylic paint 1 double GPO point to both bedrooms
Courtyards
As per approved landscaping plan Lighting to external columns and features
Additional Packages Available
Additional 1 HP air conditioning to rooms: $1,500 per room | Vertical blinds to dining/living & bedrooms: $2,450 per townhouse
- 9 -
Images proudly supplied by Gladstone Area Promotion and Development Ltd
Gladstone Region
Gladstone is a thriving port city on Queensland’s Capricorn Coast, some 550 kilometers north of Brisbane and
1,100 kilometers south of Cairns.
A deep water harbour and excellent transport links close to the massive coal reserves of the Bowen Basin
has made the city a strategic industrial hub of central Queensland, and arguably the state’s economic engine
room. The Gladstone regional council is the local authority who presides over the total estimated population
of 62,660.
Gladstone is a well established industrial city with a number of companies choosing Gladstone to locate their
large-scale resource processing businesses and associated industries. Gladstone’s industrial giants operate
around the clock, employing thousands of workers.
The region’s major industries include:
• Queensland Alumina Ltd (QAL) - One of the world’s largest alumina refineries;
• Rio Tinto Aluminium Yarwun Alumina Refinery - The world’s first Greenfield alumina refinery
to be constructed since 1985;
• Boyne Smelters Ltd (BSL) - Australia’s largest aluminium smelter;
• Cement Australia - Australia’s largest cement kiln;
• Gladstone Power Station (NRG) - The largest power station in Queensland;
• Orica - The world’s largest industrial grade ammonium nitrate plant, a world scale sodium cyanide
plant and a chloralkali plant;
The newly announced multibillion dollar Liquefied Natural Gas (LNG) projects are based on processing coal
seam gas (CSG) from the Surat and Bowen basins. The proposals include piping CSG to Gladstone or Curtis
Island, liquefaction of the CSG to produce LNG and export of LNG to international markets.
Potentially, the LNG industry could involve a private sector investment of more than $60 billion, the export of
over 50 million tones of LNG per annum, which would provide significant economic benefit to Queensland
including an increased Gross State Product of over $3 billion and the creation of over 18,000 jobs.
These announcements along with the many other factors affecting and influencing growth is flowing
through to both the residential, retail and commercial sectors of the community putting huge demands on
services, spread across all sectors of the market.
The Gladstone Region is also gaining momentum as a tourism destination being the only gateway to the
entire Southern Great Barrier Reef. Heron Island lies 72km north east off the coast of Gladstone, where you
can enjoy some of the world’s best reef diving. Snorkelling, fishing, reef walking and nature walks.
Appealing to young singles and couples, Gladstone is expected to experience enormous growth over the
next five years. The popularity and its large rental population have encouraged property investors to buy
into the area.
- 10 -Image proudly supplied by Gladstone Area
Promotion and Development Ltd
Gladstone Economic Drivers
Gladstone in Qld - an excellent place to live and invest
• During 2010 Gladstone Region Attracted US$16 billion of Foreign Direct Investment (FDI), more
than any other city in Australia and comprising a staggering 44% of total FDI into Australia of
$US36.68 billion;
• 2011 there is a further $50 billion committed to projects which have now commenced construction;
• Matusik reports that there is currently $88 billion in projects that are either under construction,
have Environmental Impact Study (EIS) approval or are proposed/pending. See the enclosed
summary of these infrastructure projects.
• Such major infrastructure developments are important employment generators that promote
demand for residential property. For example in 2003, the Queensland branch of the Urban
Development Institute of Australia commissioned a study which found that for every $1
million spent on new infrastructure, nine full time jobs were created (five of which are directly in
the development industry and four generated from flow on effects) across the region in which
these new projects were being housed.
• It is estimated that there are up to 18,000 construction jobs being created from the projects that
have started construction in and around Gladstone this year. In addition to this further jobs will
be created as a result of social infrastructure expansion such as hospitals, police, schools,
recreation facilities, child care, aged care etc.
• In addition to the construction jobs, it is estimated that there will be circa 5,500 operational
jobs created.
• Gladstone makes a significant contribution to the Queensland and Australian economy.
In 2009 - 2010 30% of Queensland’s exports by tonnage carried by sea were traded through
Gladstone.
• Gladstone region has a high resident income profile compared to Queensland with around 26% of
individuals in the Gladstone region having a weekly income in excess of $1,000 compared to only
18.5% for Queensland.
• The majority of Gladstone households (47%) earn over $1,200 per week compared to 39% of all
Queensland households.
• The median house price across the Gladstone region has averaged 10% growth per annum over
the last 10 years & 11% growth per annum over the last 5 years.
- 11 -Image proudly supplied by Gladstone Area Promotion and Development Ltd
Gladstone Infrastructure
Projects - Summary
Projects Under Construction
PROJECT DETAILS WEBSITE ESTIMATED COST (000,000’S) CONSTRUCTION JOBS OPERATIONAL JOBS
Wiggins Island Coal Export Terminal Pty Ltd (WICET) www.wicet.com.au $2,000 800 120
Queensland Curtis LNG (QGC - a BG Business) www.qclng.com.au $15,000 5,000 1,000
GLNG (Santos, Petronas, Total and Kogas) www.glng.com.au $16,000 5,000 1,000
Australian Pacific LNG (Origin and ConocoPhillips) www.aplng.com.au $14,000 3,300 175
Rio Tinto Alcan – Yarwun Alumina Refinery www.comalco.com $2,100 1,350 250
Boyne Smelters Ltd www.riotintoalcan.com $685 450
Powerlink - infrastructure upgrades and new network assets www.powerlink.com.au TBA
(Calliope River, new substation, 2km west of black harry island)
Western Basin Dredging and Disposal Project www.gpcl.com.au $656 40
Fishermans Landing Port Expansion www.gpcl.com.au $343 255
Queensland Energy Resources Limited (QER) www.qer.com.au $100 140 50
SUBTOTAL $50,884 16,335 2,595
Projects With Completed EIS
PROJECT DETAILS WEBSITE ESTIMATED COST (000,000’S) CONSTRUCTION JOBS OPERATIONAL JOBS
Arrow Energy Ltd and AGL Ltd (Joint Venture) www.arrowenergy.com.au www.agl.com.au $480 350 10
Gladstone Pacific Nickel Limited (GPNL) www.gladstonepacific.com.au $3,840 2,000 530
Gladstone Area Water Board www.gladstone-fitzroypipeline.com.au $320 400
Surat Basin Rail (SBR) ATEC DVR, Xstrata Coal, Anglo Coal www.suratbasinrail.com.au $1,200 1,000 100
and QR National
Balaclava Island Coal Terminal - Proposed Coal Export
terminal 40km north of Gladstone
QR National www.qrnetwork.com.au $900 3,000
SUBTOTAL $6,740 6,750 640
Projects Pending/Proposed
PROJECT DETAILS WEBSITE ESTIMATED COST (000,000’S) CONSTRUCTION JOBS OPERATIONAL JOBS
TRUenergy Gas fired power station www.truenergy.com.au $1,800 1,000 TBA
Boulder Steel Limited www.gladstonesteelproject.com.au $2,500 2,000 1,800
Australian Inland Rail Expressway (AIRE) www.aire.com.au $3,000 TBA TBA
Powerlink Queensland www.powerlink.com.au TBA TBA TBA
Arrow Energy Ltd - Gas exploration and Appraisal Project www.arrowenergy.com.au $1,500 800 100
Arrow LNG Plant (Shell and PetroChina) - Production
TBA 3,000 300
facility to process coal seam gas (Curtis Island)
Southern Cross LNG (LNG Impel) www.lngimpel.com TBA 350 90
Sojitz Corp (Project Sun LNG) www.sojitz.com $450 400 TBA
LNG Limited www.LNGlimited.com.au $500 120 32
Gladstone Airport Runway Reconstruction Project $70 80
Agnes Water Integrated Project TBA
SUBTOTAL $9,820 7,670 2,402
TOTAL PROJECTS - UNDER CONSTRUCTION, EIS
APPROVED, PENDING **$88.24 Billion 30,755 5,637
**Note: Matusik Report Report Dated July 2011 sites Total Projects Cap
Ex to be $88.24 billion.
**Source: Qld Government, Gladstone Economic and Industry
Development board
- 12 -Image proudly supplied by Gladstone Area Promotion and Development Ltd
Gladstone Housing Demand
The resource endowed state of Queensland is expected to experience nation leading population growth as a result of Australia’s
two speed economy. With the significant amount of employee intensive works existing, under construction or planned in
Gladstone there will be an ongoing requirement to provide suitable accommodation in the region now and in the future.
Workforce migration as a result of employment creation, coupled with underlying population growth, is expected to create
significant underlying demand for new dwellings in the medium to long term. Modelling undertaken by the Queensland
government office of Economic & Statistical research, projects the Gladstone region will require 21,093 new dwellings during
the period 2006 to 2031. These projections are depicted graphically in the chart below.
Underlying demand for new dwellings, Central Queensland - A New Millennium,
planning area (a), 30 June 2006-2031
Rockhampton Regional Council Gladstone Regional Council
Central Highlands Regional Council Banana Shire Council
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
2006 - 2011 2011-2016 2016-2021 2021-2026 2026-2031
* Source: Qld Office of Economic & Statistical Records. Household & Dwelling Projections - Qld Local Government Area. May 2010.
- 13 -DISCLAIMER
Altum Constructions does not provide advice on investments. All interested parties must rely on their own research before making any investment
decision and should seek advice from a qualified financial planner or similar professional. The information contained within this document has been
compiled from various sources to assist you in conducting your due diligence. Please ensure that you validate all information contained within this
document. All sources for information within this property summary will be disclosed at your request.
Altum Constructions will not accept responsibility for inaccurate information from external sources or third parties. As part of your due diligence, it
is the purchaser’s responsibility to seek a legal opinion of the contract and any additional terms or clauses. You must adhere to the terms, conditions
and subject clauses contained within the contract of sale.
Altum Constructions has made a number of assumptions when preparing this analysis - these assumptions have a material impact on the financials
and, therefore, should be assessed carefully by investors.
Details regarding development specifics and inclusions are subject to change and you should refer to the sales contract for final details and
conditions.
www.altum.com.au
- 14 -Expression
EXPRESSION
Oof Interest
F
INTEREST
This
Expression
of
interest
is
not
a
binding
commitment
and
no
contract
is
formed
until
the
contract
documentation
is
property
completed
and
signed.
The
holding
deposit
is
completely
refundable
if
you
or
the
seller
choose
not
to
progress
to
sign
the
contract
of
sale
2
-‐4
BEEZLEY
ST,
GLEN
EDEN
Referrer/Agent
(s)
Date: Name:
Address: Phone: Fax:
Buyers
Name
First: Middle: Surname:
First: Middle: Surname:
Corporation: ACN:
Home
Address:
State: Postcode:
Postal
Address: State: Postcode:
Mobile: Work
Ph: Fax:
Home
Ph: Email:
Property
Details
Address Unit
____ VICTORIA
GARDENS
GLADSTONE
Purchase
Price: $________________
Initial
Deposit $
1,000
Payable
on
signing
expression
of
interest.
Payable
to
Rigby
Lawyers
Trust
Account
Total
Deposit $________________ 10%
of
Purchase
Price
You
will
pay
the
deposit
by:
Cash,
Bank
Cheque,
Bank
Guarantee
Balance
Deposit
Due: $_________________ payable
on
signing
of
pre-‐sale
contract
Buyers
Solicitor:
Contact:
Address:
Phone: Fax: Email:
Signed
by
Buyer
(s):
..................................................................
Stakeholder
All
Deposits
Payable
to: Rigby
Lawyers
Trust
Account
Contact
Name: Geoff
Rigby
Contact
Numbers: Phone:
07
54475
033 Fax:
07
54475
838
Trust
Account
Details: Rigby
Lawyers
Trust
Account
BSB:
014
672 Account
No:
3840
28132
For
direct
deposits
&
internet
transfers
please
use
reference:
UNIT
#
VIC
GARDENS
Note:
Completed
form
must
be
faxed
to
both
Altum
Constructions
on
fax
no
07
5448
2417
and
Rigby
Lawyers
on
fax
no.
07
5447
5838
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