EXECUTIVE SUMMARY Type
No of Apartments
Internal Area
1 bedroom
4
51-54m2
2 bedroom
6
79m2
3 bedroom
6
103-105m2
Key Features • Blue Apartments will comprise of 16 residential apartments designed by renowned architect Vic Lake Architect + Interior and developed by 36ZERO. • Consisting of brand new one, two and three bedroom apartments. • Intelligently designed open floorplans with seamless transitions, sprawling balconies and outdoor terraces • Each residence is designed around innovative luxury living with matte tiling throughout the living and dining areas • Functional kitchens offer custom Caesarstone countertops with high quality Smeg cooking appliances • Spacious, modern bathrooms are complete with contemporary tiling and cabinetry • All apartments consist of basement security car spaces with lift access to each common areas
The Area - Gymea • Positioned at the heart of the Sutherland Shire, Blue apartments offers a boutique living experience in one of the area’s most exclusive neighbourhoods • Fast growing and becoming increasingly popular with professional couples and young families, Gymea presents a fabulous village atmosphere made up of boutique shops, gyms, nightspots, and exquisite restaurants • A variety of desirable schools, such as Gymea Bay Public School, St. Catherine Labouré Primary School, Gymea North Public School, Gymea Technology High School, Sydney Montessouri School and the Sutherland Shire’s regional TAFE Facility • Easily accessible to a range of transportation options, including a train and bus stations located at the centre of Gymea Bay Road • Choose from a selection of local parks, reserves and sporting grounds for the family to enjoy a variety of recreational activities • The newly developed Westfield Miranda is just metres down the road - one of Sydney’s largest shopping precincts, offering a wide range of new shops, restaurants and entertainment • Numerous driving routes will have you on your way to Cronulla’s beaches, Sydney CBD and towards the South Coast
EXECUTIVE SUMMARY FAQ How many apartments in the complex?. Blue will comprise of 16 residential apartments, including two rooftop penthouses. When will the DA be approved? Anticipated approval for the Third Quarter of 2015. When will construction commence and complete? Construction will commence in late 2015 with an anticipated completion of late 2016. When will a builder be appointed for the project? A builder will be advised in or about September 2015 Will the apartments have air-conditioning? It is proposed that all apartments will have ducted air-conditioning in living areas and bedrooms. Can the finishes schedule be upgraded/changed/combined? The vendor will not be customising apartments beyond the selections of the Schedule of Finishes. However, the vendor will listen to all variation requests and cost them appropriately. Is there any external storage space within the complex? Each apartment will be allocated storage cages in the basement in line with or adjacent to their allocated car spaces. Will the complex be professionally managed once completed? Yes. Is there a lift in the complex? Yes, there is one passenger lift. Is the complex pet friendly? This will be decided by the end users and their nominations when a Body Corporate is established. What deposit do I need to pay to secure an apartment? A 10% deposit is required. Is a 5% deposit acceptable? No. Is the price guaranteed? Upon execution of the Contract of Sale, the price is guaranteed. The Vendor reserves the right to change on unsold apartments at any time. Is GST included in the price? GST on apartments is included in the quoted price. What are the timeframes in the sunset clause? Draft: 18 months for construction post DA Approval plus 6 months option to complete.
RENTAL MARKET ANALYSIS To whom it may concern Thank you for the opportunity to provide you with a comparative market analysis for 705-707 Kingsway, Gymea and for considering me on behalf of Highland Property Agents. Based on the recent properties within the immediate area, we feel the units would attract a rental figure within the range of
Estimated Weekly Rental 1 bedroom
1
1
$500 - $550
2 bedroom
2
1
$650 - $700
3 bedroom
2
2
$900 - $1100
Penthouse
2
2
$1000 - $1100
Please note that this appraisal is based on comparable rentals within the immediate vicinity and demand for similar properties within the area. However, the actual rental price is strictly determinate upon a tenants reaction to the home’s presentation, market condition and competition at the time on market. Please feel free to contact us at any time and we assure you of our best attention. Leigh Anderson BDM 0422 855 117 leigh@highlandproperty.com.au
All descriptions, images and documents contained herein have been prepared in good faith and with due care, however they are indicative only and not to be construed as advice or a recommendation. All potential purchasers should inform and assure themselves of the accuracy of this information by inspection, independent advice or other means prior to purchase. Highland Property Agents, Highland Project Marketing, the developer and all other related parties do not make any representations or give any warranties that the information set out in this document will remain accurate at all times and are not liable for any liability which arises in connection with any use or reliance on this information.
head office: 9523 4333 25 kingsway cronulla sutherland: 9542 4240 726 old princes hwy sutherland highlandproperty.com.au
For more information contact: Mitchell Wynn Laura McKay David Highland
0401 059 310 0409 450 600 0405 735 735
blue@highlandproperty.com.au head office: 9523 4333 highlandproperty.com.au