Property Report Quattro | 4 Shirley Street, Indooroopilly,QLD - Group Property Solutions

Property Report
Quattro | 4 Shirley Street, Indooroopilly,QLD

     DISCLAIMER Whilst every care has been taken to produce this property profile, all images and        Page | 1
   contents are intended as a guide only. The contract will contain the relevant detailed information.

DISCLAIMER Whilst every care has been taken to produce this property profile, all images and        Page | 2
contents are intended as a guide only. The contract will contain the relevant detailed information.

PROJECT DETAILS

 Lot   Price        Rent                     Return                           Characteristics
 2     $620,000     $600-$630                 5.03%-5.28%                      2 Bedroom + Study, 2 Bathroom, 2 Car
                                                                                 space. Level 1. North East aspect.
                                                                                   Internal: 88m2. Terrace: 57m2
 3     $600,000     $580-$610                5.02%-5.28%                       2 Bedroom + Study, 2 Bathroom, 1 Car
                                                                                    space. Level 1. North aspect.
                                                                                   Internal: 88m2. Terrace: 37m2
 4     $540,000     $520-$550                       5%-5.3%                    2 Bedroom, 2 Bathroom, 1 Car space.
                                                                                       Level 2. South aspect.
                                                                                   Internal: 80m2. Balcony: 21m2
 5     $540,000     $520-$550                       5%-5.3%                    2 Bedroom, 2 Bathroom, 1 Car space.
                                                                                       Level 2. South aspect.
                                                                                   Internal: 80m2. Balcony: 15m2
 6     $540,000     $520-$550                       5%-5.3%                    2 Bedroom, 2 Bathroom, 1 Car space.
                                                                                        Level 2. North aspect.
                                                                                   Internal: 80m2. Balcony: 16m2
 7     $540,000     $520-$550                       5%-5.3%                    2 Bedroom, 2 Bathroom, 1 Car space.
                                                                                        Level 2. North aspect.
                                                                                   Internal: 80m2. Balcony: 18m2
 13    $540,000     $520-$550                       5%-5.3%                    2 Bedroom, 2 Bathroom, 1 Car space.
                                                                                       Level 2. South aspect.
                                                                                   Internal: 80m2. Balcony: 15m2
 14    $765,000     $740-$770                   5.03%-5.23%                    3 Bedroom, 2 Bathroom, 2 Car space.
                                                                                        Level 4. North aspect.
                                                                                  Internal: 104m2. Balcony: 57m2

Due for completion January 2020.

1st tenant guarantee from settlement at low end rents noted.

Blinds included.

Set in a quiet culder-sac street, this 17-unit development incorporates 5 levels of 2 bed and 3 bed,
2 bath units. 1 or 2 secure car spaces. Units include high ceilings, blinds, ducted aircon
throughout. Tiled to living and bathrooms, carpet to bedrooms, self-contained laundry. Miele
appliances, stone benchtops and splashbacks. Secure entry and lift. Private outdoor rooftop with
fire pit.

5% Deposit.

Body Corporate:     Approx. $2,500 per annum.
Council rate:       Approx. $2,400 per annum.

Brisbane CBD - 9km

                        DISCLAIMER Whilst every care has been taken to produce this property profile, all images and        Page | 3
                      contents are intended as a guide only. The contract will contain the relevant detailed information.

LOCATION APPRAISAL

Bordered by the Brisbane River to the south, lies the suburb of Indooroopilly, just seven kilometres
west of the Brisbane CBD. The name Indooroopilly is a corruption of either the local Aboriginal word
nyindurupilli, meaning 'gully of the leeches' or yindurupilly meaning 'gully of running water', and the
locals often shorten the name to "Indro".

Indooroopilly is a commercial hub of Brisbane, being home to several commercial and office spaces,
as well as Indooroopilly Shopping Centre, the largest shopping centre in Brisbane’s west.

Most of the housing in the area is made up of freestanding modern homes, with some medium
density apartment blocks. However, some traditional pre-war and Queenslander style homes have
been restored in the area, due to the local council’s push to discourage the destruction of these
buildings.

House prices in Indooroopilly have a current median of $850,000, well above the Brisbane City
Council average of $650,000. Unit prices have a median price of $465,000. Whilst there is less land
available, the median price of land available for development is currently sitting at a quite reasonable
$372,000 for the location.

Indooroopilly is an area with a population of approximately 11,600, predominantly made up of
families (34%), and childless couples (25%), with most homes being owned outright (30%) or
purchased (24%) with 45% of households renting, suggesting many of the properties in the area are
purchased for investment purposes.

Indooroopilly is also located very close to the popular University of Queensland at St Lucia, with a
current enrolment of around 50,000 students across a range of academic disciplines. To help get
students there, the suburb is also home to some of the most sought after schools in the state
including St Peters Lutheran College and Brisbane Boys College.

Indooroopilly Shopping Centre is the retail and entertainment hub for the suburb, featuring over 360
specialty stores, and a Myer and David Jones department stores. It also features a 16 screen Event
Cinema’s\ complex, as well as the population Station Road dining precinct which features a range
of international restaurants, dessert bars and pubs.

The suburb is also well serviced by a public transport network, made up of predominantly buses,
centred around the interchange housed at the Indooroopilly Shopping Centre which is the transport
hub for Brisbane’s western suburbs, and makes it easy for locals to get around the area, and into
the city without the need for a car.

Indooroopilly offers great value for money in the Brisbane property market due to its great waterside
location, proximity to the CBD and facilities making it a convenient and great place for families and
investors to consider looking for their next property in sunny Brisbane.

                        DISCLAIMER Whilst every care has been taken to produce this property profile, all images and        Page | 4
                      contents are intended as a guide only. The contract will contain the relevant detailed information.

LOCAL FACILITIES

EDUCATION

- Childcare
* Indooroopilly Kindergarten – 0.3km
* Montessori Early Education Taringa – 1.2km
* Chatterbox Early Learning & Child Care – 1.6km
* Goodstart Early Learning Indooroopilly – 1.7km

- Primary
* Indooroopilly State School – 0.4km
* Holy Family Primary School – 1.5km

- Secondary
* Brigidine College – 1.7km
* Indooroopilly State High School – 2.0km
* Queensland Academy for Science Mathematics and Technology – 2.7km
* St Peters Lutheran College – 3.0km
* Brisbane Boys' College – 3.0km

- Tertiary
* The University of Queensland – 6.8km

HEALTHCARE
* Indooroopilly General Practice – 0.6km
* Montserrat Day Hospitals – 0.8km
* Coonan Street General Practice – 1.5km
* The Wesley Hospital – 4.4km
* RiverCity Private Hospital – 4.7km

SHOPPING
* Indooroopilly Shopping Centre – 0.4km
* Freedom Fuels Indooroopilly – 0.5km
* Bunnings Indooroopilly – 1.4km
* Toowong Village – 3.1km
* Kenmore Village Shopping Centre – 4.0km

                      DISCLAIMER Whilst every care has been taken to produce this property profile, all images and        Page | 5
                    contents are intended as a guide only. The contract will contain the relevant detailed information.

LOCAL FACILITIES cont.

TRANSPORT
- Rail
* Indooroopilly Station – 1.0km

- Bus
* Moggill Rd at Rylatt Street – 0.3km

RECREATION
* Indooroopilly Police Station – 0.5km
* Moore Park – 0.8km
* Rankin Street Park – 0.8km

* Indooroopilly Districts Cricket Club – 1.1km
* United Cinemas Eldorado Indooroopilly – 1.1km
* John Carew Swim School – 1.1km
* Indooroopilly Canoe Club – 1.2km
* Boulevard Gardens – 1.4km
* Jack Bowers Oval – 1.6km
* Taringa-Milton-Toowong Scouts – 1.6km
* Sir Thomas Gaffney Lookout – 2.5km
* Western Districts Rugby Football Club – 3.7km
* Brisbane Botanic Gardens Mt Coot-tha – 4.4km

                        DISCLAIMER Whilst every care has been taken to produce this property profile, all images and        Page | 6
                      contents are intended as a guide only. The contract will contain the relevant detailed information.

FLOORPLANS

               DISCLAIMER Whilst every care has been taken to produce this property profile, all images and        Page | 7
             contents are intended as a guide only. The contract will contain the relevant detailed information.

DISCLAIMER Whilst every care has been taken to produce this property profile, all images and        Page | 8
contents are intended as a guide only. The contract will contain the relevant detailed information.

DISCLAIMER Whilst every care has been taken to produce this property profile, all images and        Page | 9
contents are intended as a guide only. The contract will contain the relevant detailed information.

SCHEDULE OF FINISHES
EXTERNAL
   External Walls Concrete walls with painted and rendered finish
   Alucobond
   Stone feature walls
   Feature aluminium privacy screens
   Windows Feature powder coated aluminium single glazing
   Roof Cliplock Colorbond roofing, facia gutter and down pipes
   Balconies 600 x 600 floor tiles
   Balustrade Frameless glass

INTERNAL
    Living/Dining Floors 600 x 600 Floor tiles
    Walls Low sheen acrylic paint on plasterboard
    Ceilings Low sheen acrylic paint on plasterboard feature black lights
    Square set cornices
    Feature black industrial directional lighting on rails
    LED down lighting
    Air Conditioning Ducted air conditioning throughout with liner grills

KITCHEN
    Floors 600 x 600 Floor tiles
    Walls Low sheen acrylic paint on plasterboard
    Splash Back Reconstituted stone
    Features Vinyl wrap (or equivalent) cupboards with soft close draws, stone bench tops
     (marble lookalike)
    Bulkhead over kitchen cupboards
    Miele freestanding dishwasher CLST
    Miele 4 zone electric cooktop
    Miele 60cm, 56L oven
    Miele built-in under mount range hood with light
    Abey-Princess 180 under mount 1-3/4 Bowl 692x458x200mm
    Gareth Ashton Lucia Square line Gooseneck Mixer – black

BEDROOMS
   Floors Carpets selected colour
   Walls Low sheen acrylic paint on plasterboard with square set cornices
   Robes White melamine board rails and dividers with sliding doors
   Lighting Feature lighting TBA.

                       DISCLAIMER Whilst every care has been taken to produce this property profile, all images and        Page | 10
                     contents are intended as a guide only. The contract will contain the relevant detailed information.

SCHEDULE OF FINISHES cont.
BATHROOM AND ENSUITE
   Floors 600 x 600 porcelain tiles
   Shower Walls 600 x 600 porcelain tiles and Herringbone Feature Wall
   Walls Herringbone Feature Stone Wall
   Low sheen acrylic paint on plasterboard
   Full height shaving cabinet
   Basin Matt black pop up waist
   Abey Lucia basin mixer Black
   Streamline Black bottle trap
   Shower Abey Monza Lucia round hand shower set on rail black
   Abey Lucia shower mixer – black
   Toilet JANNSON BTW toilet suite back inlet
   Accessories 32/40 pop up waist to all basins
   Smart waist tile inserts to shower drains
   Single square towel rail holders (black)
   Toilet holder (black)
   Lighting Feature lighting.

LAUNDRY
   Tubs Everhard Industry Benchline
   Storage Overhead adjustable shelving

GENERAL
   Internal doors Flush panel Corinthian doors with high gloss finish
   Selected handles and pulls
   Fire rated doors to entries
   Mouldings Oversized skirting boards
   Fencing To all boundaries
   Site entry Letter boxes, pergola and powder coated gates
   Intercoms Voice control to all units with secure electric access
   Roof Garden Communal BBQ
   Fire pit
   Screening Laser cut

                       DISCLAIMER Whilst every care has been taken to produce this property profile, all images and        Page | 11
                     contents are intended as a guide only. The contract will contain the relevant detailed information.

PHOTOS

           DISCLAIMER Whilst every care has been taken to produce this property profile, all images and        Page | 12
         contents are intended as a guide only. The contract will contain the relevant detailed information.

DISCLAIMER Whilst every care has been taken to produce this property profile, all images and        Page | 13
contents are intended as a guide only. The contract will contain the relevant detailed information.