welcome to
BENTLEIGH
relaxed and accessible, bentleigh offers the perfect balance of old and new
This visually striking and contemporary development of 45 apartments across 4 levels offers a choice of configurations to meet your needs, with 2 and 3 bedroom apartments. Considered landscaping sets the tone for a tranquil environment, which continues in your own space, with most apartments boasting generous courtyards or private balconies. Convenience is paramount and each apartment comes with its own secure basement car park and storage area.
3D Artist Impression
At 2125 Nicholson you can experience the best Bentleigh has to offer in a brand new home, metres from bentleigh and mckinnon train stations. this deeply established suburb is also known for its proximity to shopping streets, beaches and parks
Perfectly positioned opposite Bentleigh Train Station and Bentleigh Sunday Market and just a couple of minutes on foot to the buzzing Centre Rd Shopping Strip, convenience and lifestyle are yours to enjoy. Two Kings Cafe, Bent Espresso and Little Tommy Tucker are set to become your local brunch and coffee stops and for the staples, Target, Coles and Aldi are at your fingertips. 2125 Nicholson is situated within McKinnon Secondary College Zone and only 2 minutes drive to Bentleigh West Primary School. Renowned for beautiful parklands and schools, 2125 Nicholson brings you closer to nature with Allnuttt Park and Bentleigh Reserve within walking distance. Commute with ease to Melbourne’s CBD by car or by train in around 40 minutes. Sit back, relax and enjoy the ride.
LOCATION
HAWTH
North Brighton
HAMPT ON ST
NEW ST
ST KILD A
ST
BAY ST
ORN RD
BE NT L E IG H
M
S ST
Brighton Beach
PARK S T
THOMA
6.3km - 11min drive from 21 25 NICHOLSON
Middle Brighton X
ST
A IF
L
ESPLANADE
Y
HW
MARRIA GE RD
AN
PE
NE
HA
DENDYS T
WERE S T
McKinn
on Sch
ool Zon
e
Ormond
NORTH
St K Primaryevin’s School
RD McKinn
on Sch
ool Zon
e
McK Primaryinnon School
on Sch
ool Zon
e
TUCKER
McKinn
RD
Orm Primary ond School
McKinnon
ST
Mc Second Kinnon ary Coll
LSON
ege
MCKINN
NICHO
ON RD McKinn o Reserv n e
Valk Primarystone School
ST
Bentleigh
E BOUN
E RD
JASPER
CENTR
DARY R D
RD
WARD
CENTR
E RD
McKinn
on Sch
BREWE
R RD Bentleig
ool Zon
e
h Reserv
e
Patterson
PATTER SO
N RD
SHOPPING STRIP
3D Artist Impression
3D Artist Impression
The kitchen forms the hub of the home offering all the style and function you would expect of a brand new apartment
Living at 2125 Nicholson allows you to spread out and relax. Large interiors with timber flooring adjoin private outdoor spaces. A primarily black and white colour palette is sleek and sophisticated. Smoke mirror splash backs, matte black cabinetry and fittings such as kitchen taps continue the theme. Black appliances and stone bench tops are attractive and durable. In addition, pull out pantry with racking makes space efficient and tidy. In the bathroom, the classic colour scheme continues with 2pac black satin panels, mirrored cabinetry and a wall mounted vanity. A floor to ceiling feature wall of hexagon mosaic tiles and finishing touches such as the oval basin draw you in to this luxurious room. Even in the bedrooms, touches of class make your home more comfortable with carpet floors, mirrored built in robes and pull down hydraulic hangers.
3D Artist Impression
3D Artist Impression
why choose
BE N TL E I G H ?
1. state budget for schools in the area Education is the big winner in this year’s state budget with $730 million to build, upgrade and maintain schools, including schools in McKinnon School Zone and surrounding areas. Treasurer Tim Pallas has said that this is the biggest education budget in Victoria’s history, with money to build and renovate 67 schools across the state.
ORMOND
MCKINNON SCHOOL ZONE
THOMAS ST
MCKINNON RD
CENTRE RD
WHEATLEY RD BENTLEIGH
MCKINNON SCHOOL ZONE
E BOUNDARY RD
MCKINNON
TUCKER RD
MURRAY RD
JASPER RD
NORTH RD
2. Level crossing upgrade & removal The Andrews Labor Government has invested up to $2.4 billion in its first Budget to kick-start the removal of 50 of Victoria’s most dangerous and congested level crossings, including crossings on Centre Road, Bentleigh and McKinnon Road, McKinnon. The unprecedented investment is part of the 2015-16 Victorian Budget which confirms the Labor Government will deliver on its promise to fund the removal of at least 20 level crossings in its first term.
McKinnoN SCHOOl ZONE
For more information: Herald Sun Victorian State Budget 2015 - Who Gets What http://www.heraldsun.com.au/leader/news/victorian-statebudget-2015-who-gets-what/story-fnglekhp-1227337233088
For more information: www.premier.vic.gov.au $2.4 Billion To Kick Start Level Crossing Removals http://www.premier.vic.gov.au/2-4-billion-to-kickstart-level-crossing-removals
3. convenience
Coles Supermarket Approx 350m / 4 minute walk
Centre Road Shops Approx 170m / 2 minute walk
Glen Eira Sports and Aquatic Centre Approx 2.8km / 8 minute drive
McKinnon Secondary College Approx 1.4km / 4 minute drive
Little Tommy Tucker Approx 300m / 4 minute walk
Brighton Beach Approx 7km / 14 minute drive
Bentleigh Reserve Approx 900m / 1 1 minute drive
Bentleigh Train Station Approx 60m / 1 minute walk
bentleigh demographic
48.3% Male
AVERAGE AGE
39
51.7% Female
32.8% Never Married
51.3% Married
7.4% Other
MEDIAN INDIVIDUAL INCOME
$641 per week
employment 58.6% Full Time
MEDIAN HOUSEHOLD INCOME
$1518
51.3% Part Time
per week
30.8% Professionals
15.8% Administrative Workers MEDIAN RENT
$351
2.4% Others
per week
15.1% Managers
2.4% Machinery Operators & Drivers 4.5% Labourers 8.4% Community & Personal Service Workers
10.8% Technicians & Trades Workers
MEDIAN MORTGAGE REPAYMENT
$2K
9.7% Sales Workers
per month
Source: bentleighlocalstats.com.au
bmt tax depreciation quantity surveyors
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).
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.
The depreciation of plant and equipment items is based on the diminishing value effective life rates as published by the commissioner of taxation (2015/2).
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.
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). 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. The allowance for capital works will be based on the historical cost of construction less nondepreciable items.
Please note that the first year calculations are based on ownership over a full financial year. 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.
estimate of depreciation claimable typical 2 bedroom + 1 bathroom apartment
Year Plant & Equipment
Division 43
Total
$16,000
1
$ 8,6 1 6
$ 6,857
$ 1 5,473
$14,400
2
$ 7,465
$ 6,857
$ 1 4,322
$12,800
3
$ 5,059
$ 6,857
$ 1 1 ,9 1 6
$11,200
4
$ 3,487
$ 6,857
$ 10,344
5
$ 2,6 1 6
$ 6,857
$
9,473
6
$ 2,024
$ 6,857
$
8,88 1
7
$ 1 , 727
$ 6,857
$
8, 584
8
$ 1, 1 1 7
$ 6,857
$
7, 974
$4,800
$9,600 $8,000 $6,400
9
$
736
$ 6,857
$
7, 593
$3,200
10
$
493
$ 6,857
$
7, 350
$1,600
11+
$ 2,049
$205,731
$207,780
$0
Total
$ 35,389
$274,301
$309,690
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Division 43
Total
Year 10
max. min.
CUMULATIVE Year 1 - 10 (MIN & MAX)
MINIMUM Year Plant & Equipment
max. min.
Comparison Year 1 - 10 (Max & Min)
maximum
$102,000
1
$
7,050
$ 5,61 1
$ 1 2,661
$91,800
2
$
6,107
$ 5,61 1
$ 1 1 ,7 1 8
$81,600
3
$
4,139
$ 5,61 1
$
9,750
$71,400
4
$
2,853
$ 5,61 1
$
8,464
5
$
2,140
$ 5,61 1
$
7,751
6
$
1,656
$ 5,61 1
$
7,267
$61,200 $51,000 $40,800
7
$
1 , 41 3
$ 5,61 1
$
7,024
8
$
91 4
$ 5,61 1
$
6,525
$30,600
9
$
602
$ 5,61 1
$
6,213
$20,400
403
10
$
$ 5,61 1
$
6,014
$10,200
11+
$ 1 , 677
$ 1 68,325
$170,002
$0
Total
$ 28,954
$224,435
$253,389
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
*assumes settlement on 1 July in any given year 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. T h i s est i mate c a n n o t b e u sed f o r ta x at i o n p u r p o ses Source: BMT Tax Depreciation Quantity Surveyors
typical 2 bedroom + 2 bathroom apartment
Year Plant & Equipment
Division 43
Total
$18,000
1
$ 9,305
$ 8,562
$
1 7,867
$16,200
2
$ 9,159
$ 8,562
$
1 7,721
$14,400
3
$ 6, 157
$ 8,562
$
14,7 19
$12,600
4
$ 4,205
$ 8,562
$
1 2,767
5
$ 3,09 1
$ 8,562
$
1 1,653
6
$ 2,346
$ 8,562
$
10,908
7
$
1 ,775
$ 8,562
$
10,337
8
$
1 ,37 1
$ 8,562
$
9,933
$5,400
$10,800 $9,000 $7,200
9
$
905
$ 8,562
$
9,467
$3,600
10
$
605
$ 8,562
$
9,1 67
$1,800
11+
$ 2,533
$256,902
$ 259,435
$0
Total
$ 4 1,452
$342,522
$ 383,974
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Division 43
Total
$102,000
1
$
7,613
$ 7,006
$ 1 4,6 1 9
$91,800
2
$
7,493
$ 7,006
$ 1 4,499
$81,600
3
$
5,037
$ 7,006
$ 1 2,043
$71,400
4
$
3,441
$ 7,006
$ 1 0,447
5
$
2,529
$ 7,006
$
9,535
6
$
1,920
$ 7,006
$
8,926
$61,200 $51,000 $40,800
7
$
1 ,453
$ 7,006
$
8,459
8
$
1,1 2 1
$ 7,006
$
8,1 27
$30,600
9
$
741
$ 7,006
$
7,747
$20,400
7,501
$10,200
10
$
495
$ 7,006
$
11+
$ 2, 073
$ 210,192
$2 1 2,265
Total
$ 33, 9 1 6
$280,252
$3 14,1 68
Year 10
max. min.
CUMULATIVE Year 1 - 10 (MIN & MAX)
MINIMUM Year Plant & Equipment
max. min.
Comparison Year 1 - 10 (Max & Min)
maximum
$0 Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
*assumes settlement on 1 July in any given year 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. T h i s est i mate c a n n o t b e u sed f o r ta x at i o n p u r p o ses Source: BMT Tax Depreciation Quantity Surveyors
estimate of depreciation claimable typical 3 bedroom + 2 bathroom apartment
Year Plant & Equipment
Division 43
Total
$21,000
1
$ 10,1 57
$ 10,143
$ 20,300
$18,900
2
$ 10,527
$ 10,143
$
1 7, 72 1
$16,800
3
$
7,049
$ 10,143
$
14,7 1 9
$14,700
4
$
4,796
$ 10,143
$
12,767
5
$
3,485
$ 10,143
$
1 1,653
6
$
2,616
$ 10,143
$
10,908
7
$
1 ,962
$ 10,143
$
10,337
8
$
1,330
$ 10,143
$
9,933
$6,300
$12,600 $10,500 $8,400
9
$
1,09 1
$ 10,143
$
9,467
$4,200
10
$
726
$ 10,143
$
9, 1 67
$2,100
11+
$ 3,02 1
$304,296
$ 259,435
$0
Total
$ 46,760
$405,726
$ 383,974
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Division 43
Total
$146,000 $131,400
1
$ 8,3 11
$ 8,299
$ 1 6,610
2
$ 8,613
$ 8,299
$ 16,912
$116,800
3
$ 5,767
$ 8,299
$ 14,066
$102,200
4
$ 3,924
$ 8,299
$ 1 2, 223
5
$ 2,851
$ 8,299
$ 1 1 ,1 50
6
$ 2,140
$ 8,299
$ 10,439
Year 10
max. min.
CUMULATIVE Year 1 - 10 (MIN & MAX)
MINIMUM Year Plant & Equipment
max. min.
Comparison Year 1 - 10 (Max & Min)
maximum
$87,600 $73,000 $58,400
7
$ 1,606
$ 8,299
$
9,905
8
$ 1,088
$ 8,299
$
9,387
$43,800
9
$
893
$ 8,299
$
9,192
$29,200
594
10
$
$ 8,299
$
8,893
$14,600
11+
$ 2, 471
$ 248,970
$251 , 441
$0
Total
$ 38,258
$331,960
$314, 1 6 8
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
*assumes settlement on 1 July in any given year 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. T h i s est i mate c a n n o t b e u sed f o r ta x at i o n p u r p o ses Source: BMT Tax Depreciation Quantity Surveyors
This document has been produced solely for the information of potential purchasers, to assist them in deciding whether they are sufficiently interested in the properties to proceed further. The information contained in this material has been produced in good faith with due care. We do not warrant the accuracy of any information contained herein and do not accept liability for negligence, any error or discrepancy, or otherwise in the information. This document may be subject to change without notice. 3D Artist Impression & Graphic Publication by ArcticMirage.com.au
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