A natural place to be.

2

It’s not your every day location.

Crowle Estate is a wonderful

synthesis of luscious parklands,

endless walkways and a famous

river that flows as far as the eye

can see.

Situated only 15 kms from

the Sydney CBD near the

Parramatta River, Crowle Estate

is surrounded by everything that

you could wish for.

Cafés and restaurants that truly

whet the appetite. Superb shops

at Top Ryde and Macquarie

shopping centre that will

satisfy even the keenest of

shoppers. World-class sport and

entertainment can be enjoyed

at Homebush Olympic Park and

Allphones Arena.

For those who love a cool dip

on warm summer days, Ryde

Aquatic Leisure Centre is only

minutes away. And for the more

studious types, two of Australia’s

finest universities, Macquarie

University and UTS Kuring-gai,

are close at hand.

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Crowle Estate is located in

Meadowbank, one of the most up

and coming suburbs in Sydney’s

North West.

Designed by award winning

architect Nordon Jago, Crowle

Estate exudes style.

You’re spoilt for choice in

transport. Jump on a ferry, grab a

bus or hop on a train. They’ll take

you to anywhere you want to go.

Or if you enjoy exercise, take

a stroll along the Parramatta

foreshore or wander through any of

the area’s 207 parks.

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It’s a place with a sense of style.

Crowle Estate comprises of 416

beautifully appointed designer

apartments, all with secure

basement parking. At the heart

of the estate, is a piece of history.

A heritage listed residence for

the whole community to enjoy. It

features a music room, home cinema

and shared kitchen.

Large open plan living area

Gourmet kitchen

with stainless steel appliances

Beautiful designer bathroom

Oversized bedrooms

with built-in robes

Split system air-conditioning

Secure basement parking

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01. Sydney CBD

02. Ryde Aquatic Leisure Centre

03. Putney Public School

04. Morrison Bay Park

A different point of view.

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05. Meadowbank Public School

06. Bus stop

07. Putney Park

08. Bennelong Park

09. Kissing Point Park

10. Settlers Park

11. Parramatta River

12. Concord Road

13. Sydney Airport

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Meadowbank is a suburb of Sydney,

New South Wales, Australia.

Meadowbank is located 15

kilometres West of the Sydney

central business district, in the

local government area of the City

of Ryde and part of the Northern

Suburbs area. Meadowbank sits in a

valley on the Northern bank of the

Parramatta River.

Meadowbank is a mixed

commercial-residential area.

Meadowbank features a small

group of shops on either side

of Meadowbank railway station

and a shopping centre within the

residential apartment complex to the

south, along Bay Drive.

Meadowbank is undergoing

gentrification, with many of its

factories being demolished and

replaced by waterfront apartments

with views of the Parramatta River.

Locationdescription

Project information

11

Executive summaryProject Name Crowle Estate

Project Address 74-78 Belmore Street, Meadowbank, NSW

Project Description Construction of five residential flat buildings

ranging in height from 4 to 8 storeys comprising

416 units (mix of 1 and 2 bedroom apartments) and

basement parking over 3 levels for 450 vehicles. The

development includes the restoration of the existing

Tellaraga House.

Building A - 98 apartments

Building B - 97 apartments

Building C - 57 apartments

Building D - 79 apartments

Building E - 103 apartments

Developer / Builder

Deicorp

Architect

Nordon Jago

Apartment Mix

1 bed x 68

Deposit requirement 10% deposit (Cash or Bank Guarantee)

Key features

The site is an island site within Meadowbank with 3

street frontages.

Minimal facilities offering low strata levies.

Only 20 mins from Sydney CBD and moments away

from Meadowbank Train Station, Bus Stops and the Ferry.

Close proximity to Sydney Olympic Park, Macquarie,

Top Ryde and Rhodes shopping centres, Macquarie

University and Sydney’s most premium schools.

Lifestyle convenience with cafes and restaurants,

proposed shopping centre and fresh food outlets all in

walking distance.

Most 1 bedrooms have the benefit of a study/media area.

12

The investment

Dwelling Make up

The following table provides an overview of stock available in the development:

Key Dates

Outgoings

Owners Corporation Structure

The Owners Corporation entity will be voted in by owners and will be responsible for all matters

associated with the development and the associated common services plant.

Strata, Council & Water Rates (estimated)

The costs above are estimates only and final costs will be provided on settlement.

Unit Type #

Internal sqm

External sqm

Car Price From

1 bed

36 52 - 66 7 - 24 1 $555,000

Stage Stage

Construction Estimate

Construction Completion

Sunset Clause

Off - Plan

Early 2015 2 years Mid 2017 4 years from

contract date

Unit Type Strata Leviesinc Sinking Fund (p/q)

Council RatesPer Annum

Water RatesPer Annum

1 bed

$600 - $850 $960 $700

Crowle Estate provides a unique off the plan

investment opportunity that ticks all the boxes:

Low vacancy rate.

Efficient well designed unit layouts.

Low maintenance.

Located close to very strong

infrastructure and amenities.

Low outgoings (strata fees & rates).

Strong tax depreciation.

Excellent access with ferry, bus and

train services.

Cosmopolitan ambience appealing

to wide range of demographics from

young professionals to families.

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Depreciation

The following is an estimate of the approximate depreciation and allowances claimable assuming diminishing

value method. These allowances only apply to investors and not owner occupiers.

(Source: BMT Tax Depreciation) Based on Year 1 figures

Property Investment Analysis

1 bedroom

Purchase Price $580,000

Deposit (10% upfront & 10% settlement) $116,000

Gross Rental Yield 4.39%

Net Rental Yield 3.11%

Capital Growth Rate 6.0%

Inflation Rate 4.0%

Interest Rate 5.0%

Marginal Tax Rate 41.50%

Your Income Per Week 1 yr $41

2 yr $27

3 yr $28

5 yr $38

10 yr $70

After Tax Cash Flow – expressed as – Your Cost / (income) per week

These are all of the monies that flow into or out of your pocket AFTER tax is taken into account. It is normally calculated

for you as the pre-tax cash flow less any tax credits. (Note that the program assumes that you have applied for and

received a Tax Variation and that the tax refunds are then credited for the same year in which they are based).

When the loan is substantial (negatively geared), the after-tax cash flows are usually negative but gradually become

positive as rents rise with inflation.

It is possible to specify that the tax credits be used to reduce the investment loan (i.e. Debt reduction). This would mean

making additional loan repayments in line with what you would have been paying in tax without the negatively geared

investment.

Disclaimer: Note that the projections listed above simply illustrate the outcome calculated from the input values and the

assumptions contained in the model. Hence the figures can be varied as required and are in no way intended to be a

guarantee of future performance. Although the information is provided in good faith, it is also given on the basis that

no persons using the information, in whole or in part, shall have any claim against Deicorp, its servants, employees or

consultants.

Unit Type Purchase Price

Plant & Equipment Division 43

Total

1 bed

$580,000 $6,623 $6,655 $13,278

14

Transport Meadowbank is easily accessible

by road, ferry, bus and train.

Road

Meadowbank experiences limited

traffic as major roads circle rather

than run through the suburb.

Roads include Lane Cove Road

to the East, Victoria Road to the

North and Adelaide Street to the

West. Other central roads include

Constitution Road, Meadow

Crescent and Bank Street.

RailMeadowbank railway station is on

the North Shore Line and Northern

and Western Line of the Sydney

Trains network. Meadowbank has

two side platforms.

9 stops to Wynard station

(38 minutes)

Ferry

Meadowbank has a ferry wharf

on the Parramatta River as part of

the Sydney Ferries network. The

ferry primarily services tourists on

weekends and city workers during

the week.

13 stops to Darling Harbour

(50 minutes)

Bus

Sydney Buses runs two routes via

Meadowbank station:

Route 507 - east to Circular

Quay via Putney, Gladesville,

Drummoyne, Rozelle, White Bay,

Town Hall, north to Macquarie

University via Ryde, North Ryde,

Macquarie Centre

Route 513 - Carlingford via West

Ryde, Melrose Park, Ermington,

Dundas Valley

Amenity and SocialInfrastructure

15

Schools Meadowbank and the surrounding

area are well serviced by a

number of schools ranging from

private educational institutions

to a number of well-established

public schools.

PublicMeadowbank TAFE

Meadowbank Public School

Ryde Public School

West Ryde Public School

PrivateSt Michael’s School is a Catholic

primary school

Community and Neighbourhood Amenities Crowle Estate is located right in

the heart of everything:

Shopping - Village Plaza is a

boutique shopping centre with 26

specialty stores including ALDI.

There are several restaurants from

Chinese to Italian. Close by is Top

Ryde shopping centre consisting

of 115 specialty stores including

Woolworths, Big W, Dan Murphys

& JB Hi-Fi.

Parks - Meadowbank features

great public access to Parramatta

River and surrounding parklands.

• Meadowbank Park. Major

sports field complex for

football, soccer, cricket,

baseball, hockey and netball.

Bike and jogging track on

Parramatta River foreshore,

forming part of the Parramatta

Valley Cycleway.

• Memorial Park - Meadow

Crescent. Adjacent to the

Parramatta River. Bike track,

part of the Parramatta Valley

Cycleway. RiverCat Ferry

Wharf.

• Anderson Park, Ann Thorn

Park, Helene Park and

Headland Park.

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1 bed, 1 bath, 1 car

Floor Plans

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Note: For Individual Unit Areas Refer To Draft Strata

Plan Balcony/Terrace Gross Areas Inclusive Of

Balustrading DISCLAMER: Subject to the provisions

of the Trade Practices Act, 1974 and subject to any

other statutory which cannot be excluded, Deicorp

Constructions Pty. Ltd. given notice that:

1.All information given in relation to the property,

wether contained in this document or given orally

is indicative and subject to confirmation by

reference to the sales contract in respect to unit

area, finishes and fixtures.

2.Intending purchasers should satisfy themselves

as to the truth or accuracy of all information

given by their own inspections, searches, inquiries,

or as otherwise nessessary.

3.No person or behalf of Deicorp Constructions Pty. Ltd.

has any authority to make or give any representation

or warranty what so ever in relation to the property.

1 bed+study, 1 bath, 1 car

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External External masonry walls

combination of face brickwork and

rendered paint finish

Reinforced concrete slab walls

Powder coated balustrades with

tiled balconies

Powder coated aluminum window

frames

Terrace common area paved

surface

Selected quality paints to all

external concrete surfaces

Internal - General Living areas and bedrooms laid

with selected quality carpet

Selected ceramic floor tiles to

kitchen, bathroom, laundry, ensuite

and balconies

Chrome door furniture and

tap ware

Audio intercom system at lobby

Hollow core internal doors by

Hume Doors (or similar)

Selected quality paints

to all internal walls with

quality undercoat

Split system air-conditioning to

living area

KitchensCeramic tiled floor

Glass splashbacks

Gourmet kitchen cupboards with

polished stone bench tops

Omega Stainless steel multi-

function oven (or similar)

Omega Stainless steel gas cook top

(or similar)

Omega Stainless steel range hood

(or similar)

Omega Dishwasher (or similar)

Stainless steel 1, 1/5 bowel sink

with mixer tap

Power point for refrigerator

Telephone point

Finishes

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Living, Dining RoomSliding doors to tiled Terrace/Balcony

Television aerial point includes free

to air and pay TV

Gas bayonet fitting

LaundryCeramic tiled floor, skirtings and

splashback

Stainless steel laundry tub and

cupboard (or similar)

Stainless steel spout with telescopic

arm (or similar)

Fitted eye level Hoover cloth dryers

(or similar)

Stainless steel washing machine taps

(or similar)

Master BedroomMirrored sliding wardrobes

Ensuite with floor to ceiling tiles

Polyurethane vanity unit with mirror

above

Powder coated shower screen

Full china toilet suite with link seat

Telephone and television aerial point

includes free to air and pay TV

BathroomsPolyurethane vanity with mirror above

Powder coated shower screen

Full china toilet suite with link seat

Floor to ceiling tiles

Stylus bath tub (or similar) - only

where shown on plan

Ensuite (Two Bedroom Units Only)Polyurethane vanity unit with mirror

above

Powder coated shower screen

Full china toilet suite with link seat

Floor to ceiling tiles

BasementSecurity basement parking with

electronic remote controlled shutter

Mechanical ventilation to comply

with Australian standards

Mechanically ventilated residential

garbage room

Designated carwash bay

Common HallwaysFire rated doors into all units

Entry foyer laid with selected quality

ceramic tiles and/or carpet

GeneralLight fittings to all units

Mechanical ventilation to bathrooms,

ensuites and laundries where no

natural ventilation

Central gas hot water units

Gas bayonet fitting to all balconies

for BBQ connection

Note - no ensuite to one-bedroom units

24

DEICORP

They don’t come any better than

Deicorp. They are a major Sydney

property developer and builder, who

are personally committed to

designing and constructing high

quality residential, commercial and

retail projects. For over 15 years,

their projects have revitalised the

Sydney suburbs of Marrickville,

Redfern and Punchbowl.

Alceon is a specialist, investment

and capital solutions partnership

with offices in Sydney, Melbourne

and Brisbane. Their team has a

collective experience of over 125

years in the Australian and global

financial markets.

Two of

HOME789 is a project marketing

company in Sydney specialising in

local and overseas markets. The

company has since expanded into a

vibrant office in Redfern, servicing

the broader communities with

professional real estate services in

development, residential project

marketing and property

management.

25

The Charles

Situated in the vibrant Inner West,

The Charles combines the best

of both worlds: suburban living

just 20 minutes from the CBD.

It’s a mixed-use development

including one-level of retail space

with 7 storeys of apartments.

Deicota

This 19 storey mixed-use

development in spirited Redfern

includes retail space, a recreational

club, commercial space, 89

apartments and a five-level

basement car park.

Revolution

Located in a prime position in the

busy Inner West, the Revolution

is a mixed-use development

comprising of 4 separate buildings.

It boasts 179 residential units, 7

commercial spaces and a two-level

basement car park.

26

Investment Risks

There are a myriad of influences that affect the value of capital growth and rental yields in property investments. There is

no a guarantee that targeted returns will be met. A prudent investor would consider the following non-exhaustive list of

factors which could affect the financial performance of the investment property.

The non-exhaustive list of factors which may affect the value of the Investment Property include:

a) Changes in legislation or

government policy such as stamp

duty, grants, and general taxes, with

respect to property may result in

the investor incurring unforeseen

expenses, which in turn may affect

rental returns and capital growth

prospects;

b) Natural disasters, events

causing global unrest such as war or

terrorism, other hostilities, civil unrest

and other major catastrophic events

can adversely affect Australian and

International markets and economies;

c) New developments in

the vicinity providing competition/

alterations in demand- a sharp

increase in the number of sites under

construction within close proximity of

the subject site may have an adverse

effect, resulting in an oversupply

from comparable properties, which

in turn could have a negative impact

on the ability of Investors to divest or

sell their Investment Property at an

acceptable price;

d) Interest rate movement-

Investors should be aware that the

performance of any investment

property can be affected by the

conditions of the economy (or

economies) in which it operates.

Factors such as interest rates,

inflation, inflationary expectations,

changes in demand and supply

and other economic and political

conditions may affect the Investment

Property’s capital growth, value and/

or rental yield;

e) Potential investors should

be aware that general economic

conditions including inflation and

unemployment can impact the value

of the investment property and the

ability of Investors to divest or sell

their Investment Property at an

acceptable price;

f) Tenant risk- there is the

risk of tenant’s defaulting on their

obligations and costs to be incurred

in enforcement proceedings and often

costs in re-leasing of the tenancy;

g) Insurance Risk- Where

feasible, damage from fire, storm,

malicious damage etc can be covered

by insurance. However, the full extent

of coverage is subject to the specific

terms and conditions of the insurance

policy entered into by the body

corporate manager on behalf of the

Investor;

h) Vacancy Risk- there is no

guarantee a tenant will be readily

found at settlement or that a tenant

will renew their tenancy; and

i) Timing Risk- Market

conditions change, if at time of selling

investment the market is depressed,

investor may realise a loss.

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This document was produced prior to

commencement of construction. The pictures

showing the interiors of the apartments and

buildings are indicative only. Changes may

be made during the development and any

dimensions, finishes and specifications are

subject to change without notice.

Crowle Estate74-78 Belmore StreetMeadowbank NSW 2114

crowleestate.com.au deicorp.com.au

DEICORP