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Property Report

Quattro | 4 Shirley Street, Indooroopilly,QLD

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PROJECT DETAILS

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

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

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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.

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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

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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

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DISCLAIMER Whilst every care has been taken to produce this property profile, all images and

contents are intended as a guide only. The contract will contain the relevant detailed information.

FLOORPLANS

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contents are intended as a guide only. The contract will contain the relevant detailed information.

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DISCLAIMER Whilst every care has been taken to produce this property profile, all images and

contents are intended as a guide only. The contract will contain the relevant detailed information.

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DISCLAIMER Whilst every care has been taken to produce this property profile, all images and

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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.

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DISCLAIMER Whilst every care has been taken to produce this property profile, all images and

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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

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PHOTOS

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DISCLAIMER Whilst every care has been taken to produce this property profile, all images and

contents are intended as a guide only. The contract will contain the relevant detailed information.