STYLISH APARTMENTS BEAUTIFULLY ARRANGED

Transcription

1 STYLISH APARTMENTS BEAUTIFULLY ARRANGED 1

2 CONTENTS 1. Project Overview 2. Location 3. Lifestyle 4. Apartments 5. Floor Plans 6. Investment 7. Rental Appraisal 8. Depreciation Schedule 2

3 1. PROJECT OVERVIEW 3

4 A CELEBRATION OF URBAN LIVING - Construction complete - 55 Apartments - 6 Residential Levels - 180m 2 Resident's Roof Terrace and Sky Pavilion. - Secure Foyer / Lift Access - Luxury Finishes / Floor Plans Designed for Living 4

5 INTRODUCING A FRESH TAKE ON LUXURY Discover Vantage Lutwyche, a refreshing new vision for City living in the heart of Brisbane s inner-north. This inspired collection of lifestyle apartments creates a beautiful contemporary setting where you can sample everything the City has to offer. Here the energy of the City is at the centre of your experience. Secure a one or two bedroom apartment at Vantage and transform your investment future. With construction now complete, lock in your chosen apartment with a $2,000 holding deposit. 5

6 2. LOCATION 6

7 YOUR LUTWYCHE SANCTUARY Vantage Lutwyche adds life to a beautiful natural setting, offering a complimentary mix of contemporary one and two bedroom apartments, and ground floor retail. These brilliant urban spaces benefit from broad balconies that frame timeless city and suburban views. With a striking architectural façade and fresh, vibrant colour palette, Vantage integrates seamlessly into the residential streetscape. > > Expansive one and two bedroom apartments > > Central Lutwyche location > > Direct access to Northern Busway > > Secure building with basement car parking > > Ground level retail > > Walking distance to Prentice Park, Bradshaw Park & Kedron Brook bikeway A LIFESTYLE THAT SURROUNDS YOU With Brisbane s full array of transport options just around the corner and the CBD just 15 minutes away, here you can explore the urban landscape, make new discoveries, and enjoy the best of subtropical Brisbane. 7

8 WOOLOOWIN TRAIN STATION 1 km SANGATE ROAD RESTAURANT PRECINCT 2 km FROM HERE TO EVERYTHING - DIRECT LUTWYCHE CITY SHOPS 400 m FORTITUDE VALLEY 4 km BRADSHAW PARK 350 m BRISBANE CBD 5 km VICTORIA PARK GOLF COMPLEX 4 km KEDRON HIGH SCHOOL 400 m ALBION PARK RACECOURSE 2 km KEDRON BROOK BIKEWAY 400 m PRENTICE PARK 400 m ROYAL BRISBANE HOSPITAL PRECINCT 3.2 km KELVIN GROVE URBAN VILLAGE & QUT 5 km LUTWYCHE BUSWAY STATION 250 m 8

9 GYMPIE R D 250 m to Lutwyche Busway Station NUNDAH STAFFORD RD SAMFORD RD SHAND ST WEBSTER RD RICHMOND ST JUNCTION RD SOUTHERN CROSS WAY THISTLE ST GORDON PARK DAYS RD CHALK ST LUTWYCHE SANDGATE RD CLAYFIELD GATEWAY MOTORWAY 350 m to Bradshaw Park WARDELL ST ENOGGERA RD GRANGE NEWMARKET LUTWYCHE RD ALBION RD WINDSOR ASCOT KINGSFORD SMITH DR ASHGROVE WATERWORKS RD 10 mins to Airport via M7 JUBILEE TCE KELVIN GROVE RD KELVIN GROVE MACQUARIE ST BULIMBA LYTTON RD BARDON PADDINGTON GREGORY T CE SPRING HILL ANN S T MORNINGSIDE CREEK RD WYNNUM RD CBD NEW FARM WESTERN FREEWAY FREDRICK ST AUCHENFLOWER C ORONATION DR WEST END GREY ST PACIFIC MOTORWAY MAIN ST VULTURE ST W Y N NUM RD NORMAN PARK 9

10 3. LIFESTYLE 10

11 OUT AND ABOUT IN LUTWYCHE At Vantage you can make every moment unforgettable, with lively dining and entertainment destinations just around the corner. Step outside and enjoy the eclectic charms of Brisbane s inner-north or rejuvenate in lush green parklands that go on forever. Here you can take advantage of the myriad of sporting facilities available at Mercer Park, enjoy a BBQ or picnic at nearby Bradshaw Park, or take a bike ride along the beautiful Kedron Brook creek. Boutique cafes and specialty retailers dot the suburb, while mere minutes separate you from Brisbane s cultural centre at South Bank and the exciting inner-city reaches of the Brisbane River. Enjoying a weekend away has never been easier with the City s network of motorways and arterials providing quick connections to the Sunshine Coast and Gold Coast. 11

12 4. APARTMENTS 12

13 DISTINCTIVE DESIGN An imaginative blend of contemporary design and premium appointments, Vantage lets you unwind in beautifully conceived interiors. Smart layouts introduce an indoor-outdoor feel to living spaces, creating an inviting setting where entertaining is a dream. These individually crafted apartments boast personalised details, quality finishes and expansive balconies where you can enjoy magical evenings against the backdrop of the City. > > Sleek contemporary kitchens with German made stainless-steel AEG appliances and Grohe tapware > > Designer interiors with premium appointments > > Expansive balconies with city and urban views > > Secure car parking > > Air conditioning to all bedrooms / living > > 180m 2 resident s roof terrace & sky pavilion > > Secure building foyer / floor access > > Visitor car parks FLOOR PLANS DESIGNED FOR LIVING Carefully planned for the next generation of apartment buyers and optimised for key rental markets, Vantage s design and floor plans appeal to sharing professionals that need their own space and owner-occupiers seeking above-average sized apartments. > > Separation between bedrooms for optimal privacy > > Easy balcony access, with spacious living areas opening to the outdoors > > Careful positioning ensuring each apartment captures the best possible aspect > > Air conditioning to both bedrooms and living areas for the ultimate comfort all year round > > TV points to both bedrooms for the modern resident. 13

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15 5. FLOORPLANS 15

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17 UNIT 105 UNITS: CAR UNITS: 103 MIRROR - 1 CAR INTERNAL AREA: 74 SQM BALCONY AREA: 20 SQM TOTAL AREA: 94 SQM LUTWYCHE ROAD ISEDALE STREET The seller, under the contract terms, is entitled to make variations and changes to the lot, including the location, area and dimensions, without limitation. If the area of the lot on the registered survey plan is not more than 5% different from the area shown on this plan, the variation is deemed to be a minor variation (as defined in the contract terms) and the buyer, under the contract terms, has no right to object (as defined in the contract terms). Whilst all details have been carefully prepared and believed to be correct, no warranty can be given for information supplied or implied by the vendors or their agents. Intending purchasers must rely on their own enquiries. Floor plans are indicative only. They should not be relied upon as the accurate representation of the final product. Specifications may change at any time. 17

18 UNIT 107 UNIT: CAR UNIT: 101 MIRROR - 1 CAR INTERNAL AREA: 85 SQM BALCONY AREA: 21 SQM TOTAL AREA: 106 SQM LUTWYCHE ROAD ISEDALE STREET The seller, under the contract terms, is entitled to make variations and changes to the lot, including the location, area and dimensions, without limitation. If the area of the lot on the registered survey plan is not more than 5% different from the area shown on this plan, the variation is deemed to be a minor variation (as defined in the contract terms) and the buyer, under the contract terms, has no right to object (as defined in the contract terms). Whilst all details have been carefully prepared and believed to be correct, no warranty can be given for information supplied or implied by the vendors or their agents. Intending purchasers must rely on their own enquiries. Floor plans are indicative only. They should not be relied upon as the accurate representation of the final product. Specifications may change at any time. 18

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23 6. INVESTMENT 23

24 MEDICAL PRECINCTS At Lutwyche you are afforded a direct route to one WHY INVEST IN LUTWYCHE Few suburbs are better placed to capitalise on From its position in the heart of Lutwyche, Vantage Brisbane s nation-leading investments in transport appeals to owner-occupiers who can dramatically infrastructure. Here you are in the box seat to enjoy reduce commute times and achieve an optimal worklife balance. Investors have everything to gain, with the flow-on benefits of the City s impressive growth trajectory. At Lutwyche you gain direct access to the suburbs attractive rental yields, central location, Brisbane s key employment hubs, including the and high-quality tenancy pool ensuring long-term Australia Trade Coast region, Brisbane CBD, and the growth and secure returns on investment. Herston Medical Precinct. of Brisbane s largest hospital precincts at Herston. The Royal Brisbane and Women s Hospital oversees more than one-tenth of all patient services across the State, and is one of the City s major employment hubs. The Hospital s workforce comprises more than 7,450 multidisciplinary staff who cater to more than 90,000 patients admitted each year. AUSTRALIA TRADE COAST The Australia Trade Coast is emerging as one of Brisbane s major centres of employment and industry, with future expansion fuelled by multibillion-dollar investments in new infrastructure. The region includes Brisbane Domestic and International Airports and the Port of Brisbane. Home to around 1,500 businesses, it is forecast that the important trade region will employ more than 110,000 people by NORTHERN BUSWAY Just around the corner from Vantage is the new Lutwyche Busway Station, your passport to Brisbane s impressive Busway network. From Lutwyche station you can traverse the City from the north to south using the Northern and South East Busway routes, and enjoy a quick traffic-free commute to QUT Kelvin Grove, Royal Brisbane Hospital precinct, and the CBD

25 KEDRON CHERMSIDE ROAD INFRASTRUCTURE GORDON PARK LUTWYCHE At Lutwyche you can explore all corners of the City by Heading in the other direct, residents can bypass the taking advantage of the Brisbane s impressive innercity ring road system. The biggest urban road project proposed in Australia, Brisbane s nearly-completed $10 billion TransApex project includes the Clem Jones tunnel, Go Between Bridge, Airport Link and Legacy CBD traffic and enjoy a direct route to the Gold Coast. > > AIRPORT 12 minutes > > CBD 15 minutes > > CHERMSIDE 10 minutes WINDSOR AIRPORT LINK TUNNEL Way Tunnel. Heading northeast along the Airport Link tunnel, you are just minutes from Brisbane Domestic and International Airport, Australia Trade Coast region, and an easy drive from the beautiful Sunshine Coast. KELVIN GROVE LEGACY WAYINNER CITY BYPASS G O BETWEEN BRISBANE CBD BOWEN HILLS CLEM7 TUNNEL NEW FARM EAST-WEST LINK TUNNEL 25

26 Brisbane is the economic powerhouse of the Queensland economy, accounting for nearly half of Queensland s economic output. A major driver of the WHY INVEST IN BRISBANE A number of factors are underpinning Brisbane s high-performance property market, with significant long-term population and employment growth, and Brisbane $114billion 9% Rest of QLD $102bn; 8% Rest of SEQ $39bn; 3% Rest of Australia $1,029bn 80% State s employment growth, Brisbane s economic credentials compare favourably with the nation s other capital cities, with the City averaging 4.7 per cent growth between 2001 and sustained infrastructure investment combining with the enduring appeal of Brisbane s attractive subtropical lifestyle. The City s exceptional rental yields and forecast growth trajectory have created the perfect conditions for both investors and owner-occupiers to enter the market. Brisbane Gross Regional Product Estimate *2011 Source: Brisbane City Council, Brisbane Economic Development Plan 2.9 Million Million 5.0 Yields (%) (Actual) 2031 (Projected) Sydney Melbourne Brisbane Brisbane Projected Population Growth Data sourced from Queensland Government, Population Projection, Office of Economic and Statistical Research 2011, ABS, 2011 Census Data, June 2012 Gross Rental Yields Source: Australian Property Monitors Rental Report, June Quarter,

27 7. RENTAL APPRAISAL 27

28 25 November 2016 Vantage Lutwyche 623, 627, 631 Lutwyche Road Lutwyche QLD 4030 To whom it may concern, RE: RENTAL APPRAISAL FOR VANTAGE LUTWYCHE After extensive research for comparable rental apartments in Windsor and surrounding areas we expect the following rental returns for Windsor Vue in the current market. This is consistent with what similar properties are achieving in the area and may change over time. UNIT TYPE LEVEL RENT UNFURNISHED 1 Bed 1 Bath 1 Car 2-6 $335 - $370pw 2 Bed 2 Bath 1 Car 1-5 $440-$490pw 2 Bed 2 Bath 1 Car + study 1-5 $470-$520pw Lutwyche is a very sought after rental area for its proximity to the CBD, Airport and local amenities, including shops, schools and parkways. Residences can take the bus or train to the CBD and the M7 direct to the airport. Lutwyche offers residences the luxury of being close to key employment hubs while also providing great lifestyle options. It is important to note that this appraisal should be treated as a constructive guide only and that the current market at any given time, along with the right marketing method will determine the maximum price you can achieve. Should you have any questions at all, please feel free to contact us. Warm Regards, Tian Hu Property Manager Office 1, 9 Le Geyt Street, Windsor QLD 4030 Phone: tian@rubikproperty.com.au 28

29 DEPRECIATION SCHEDULE 29

30 BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w Australia Wide Service ABN The allowance for capital works will be based on the historical cost of construction less nondepreciable items. 4.0 Estimate Calculation BMTTax Depreciation QUANTITY SURVEYORS 11 February, 2015 Next Property Group Brisbane Unit 4/420 Queen Street BRISBANE, QLD 4000 Dear Sir/Madam, Lutwyche Road, LUTWYCHE, QLD Please find attached the BMT Tax Depreciation Estimates for the above property detailing the depreciation and associated tax allowances that may be available to the owner under the Income Tax Assessment Act 1997 (ITAA97). This document is intended to provide a guide to the potential depreciation and building allowances available from the purchase of the above residential property, facilitating the estimation of the after tax return on the investment over the first 10 full years of ownership. 1.0 Information The following information was used in the preparation of the schedules: Written and verbal information provided by Next Property Group Brisbane. 2.0 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 ; and, Capital Works Allowance (2.5 % pa). The depreciation of plant and equipment items is based on the diminishing value effective life rates as published by the commissioner of taxation (TR2014/4). 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. 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. Please note that the first year calculations are based on ownership over a full financial year. 5.0 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. 6.0 Conclusion As can be extracted from the attached tables, the units will obtain maximum depreciation potential within the first 5 years of ownership. BMT Tax Depreciation would be pleased to provide a complete detailed tax depreciation report on any of the units in the above property upon request. Our results suggest employing a specialist to maximise the various tax allowances has a significant effect on improving the after tax return. Should you or the purchaser wish to discuss the contents of this report in more detail, please do not hesitate to contact Bradley Beer at the office. 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). 3.0 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. Yours Sincerely, BMT Tax Depreciation Pty Ltd Quantity Surveyors Maximising Property Tax Depreciation Deductions Maximising Property Tax Depreciation Deductions

31 BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w Australia Wide Service ABN Australia Wide Service ABN Estimate of Depreciation Claimable Unit 207, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Estimate of Depreciation Claimable Unit 206, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Comparison Yr 1-10 (Max & Min) Comparison Yr 1-10 (Max & Min) 1 6,679 4,065 10, ,346 4,065 7, ,504 4,065 6, ,080 4,065 6, ,747 4,065 5, ,782 4,065 5, ,146 4,065 5, ,065 4, ,065 4, ,065 4, , , ,498 $22,414 $162,596 $185,010 $11,000 $9,900 $8,800 $7,700 $6,600 $5,500 $4,400 $3,300 $2,200 $1,100 s 1 6,459 4,432 10, ,460 4,432 7, ,575 4,432 7, ,125 4,432 6, ,777 4,432 6, ,801 4,432 6, ,161 4,432 5, ,432 5, ,432 4, ,432 4, , , ,568 $22,532 $177,309 $199,841 $11,000 $9,900 $8,800 $7,700 $6,600 $5,500 $4,400 $3,300 $2,200 $1,100 s 1 5,465 3,326 8, ,738 3,326 6, ,048 3,326 5, ,702 3,326 5, ,429 3,326 4, ,458 3,326 4, ,326 4, ,326 3, ,326 3, ,326 3, ,270 99, ,044 $18,338 $133,034 $151,372 * assumes settlement on 1 July in any given year. $62,000 $55,800 $49,600 $43,400 $37,200 $31,000 $24,800 $18,600 $12,400 $6,200 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on ,285 3,626 8, ,831 3,626 6, ,107 3,626 5, ,739 3,626 5, ,454 3,626 5, ,473 3,626 5, ,626 4, ,626 4, ,626 4, ,626 3, , , ,101 $18,436 $145,069 $163,505 * assumes settlement on 1 July in any given year. $66,000 $59,400 $52,800 $46,200 $39,600 $33,000 $26,400 $19,800 $13,200 $6,600 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on Maximising Property Tax Depreciation Deductions Maximising Property Tax Depreciation Deductions

32 BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w Australia Wide Service ABN Australia Wide Service ABN Estimate of Depreciation Claimable Unit 209, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Estimate of Depreciation Claimable Unit 208, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Comparison Yr 1-10 (Max & Min) Comparison Yr 1-10 (Max & Min) $14,000 $12,600 $15,000 $13, ,676 6,304 13, ,059 6,304 10, ,003 6,304 9, ,439 6,304 8, ,010 6,304 8, ,821 6,304 8, ,416 6,304 7, ,304 7, ,304 6, ,304 6, , , ,319 $26,567 $252,199 $278,766 $11,200 $9,800 $8,400 $7,000 $5,600 $4,200 $2,800 $1,400 s 1 7,288 7,242 14, ,563 7,242 11, ,339 7,242 10, ,665 7,242 9, ,166 7,242 9, ,931 7,242 9, ,310 7,242 8, ,071 7,242 8, ,242 7, ,242 7, , , ,719 $27,965 $289,711 $317,676 $12,000 $10,500 $9,000 $7,500 $6,000 $4,500 $3,000 $1,500 s 1 6,280 5,158 11, ,321 5,158 8, ,457 5,158 7, ,995 5,158 7, ,644 5,158 6, ,490 5,158 6, ,158 5,158 6, ,158 5, ,158 5, ,158 5, , , ,535 $21,734 $206,347 $228,081 * assumes settlement on 1 July in any given year. $88,000 $79,200 $70,400 $61,600 $52,800 $44,000 $35,200 $26,400 $17,600 $8,800 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on ,963 5,926 11, ,733 5,926 9, ,732 5,926 8, ,181 5,926 8, ,772 5,926 7, ,580 5,926 7, ,072 5,926 6, ,926 6, ,926 6, ,926 6, , , ,769 $22,880 $237,043 $259,923 * assumes settlement on 1 July in any given year. $98,000 $88,200 $78,400 $68,600 $58,800 $49,000 $39,200 $29,400 $19,600 $9,800 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on Maximising Property Tax Depreciation Deductions Maximising Property Tax Depreciation Deductions

33 BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w Australia Wide Service ABN Australia Wide Service ABN Estimate of Depreciation Claimable Unit 308, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Estimate of Depreciation Claimable Unit 104, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Comparison Yr 1-10 (Max & Min) Comparison Yr 1-10 (Max & Min) $15,000 $13,500 $15,000 $13, ,288 6,796 14, ,563 6,796 11, ,339 6,796 10, ,665 6,796 9, ,166 6,796 8, ,931 6,796 8, ,310 6,796 8, ,071 6,796 7, ,796 7, ,796 7, , , ,280 $27,965 $271,812 $299,777 $12,000 $10,500 $9,000 $7,500 $6,000 $4,500 $3,000 $1,500 s 1 7,508 6,999 14, ,432 6,999 11, ,253 6,999 10, ,606 6,999 9, ,129 6,999 9, ,905 6,999 8, ,295 6,999 8, ,058 6,999 8, ,999 7, ,999 7, , , ,360 $27,770 $279,955 $307,725 $12,000 $10,500 $9,000 $7,500 $6,000 $4,500 $3,000 $1,500 s 1 5,963 5,560 11, ,733 5,560 9, ,732 5,560 8, ,181 5,560 7, ,772 5,560 7, ,580 5,560 7, ,072 5,560 6, ,560 6, ,560 6, ,560 5, , , ,774 $22,880 $222,388 $245,268 * assumes settlement on 1 July in any given year. $94,000 $84,600 $75,200 $65,800 $56,400 $47,000 $37,600 $28,200 $18,800 $9,400 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on ,143 5,727 11, ,626 5,727 9, ,661 5,727 8, ,132 5,727 7, ,742 5,727 7, ,559 5,727 7, ,059 5,727 6, ,727 6, ,727 6, ,727 6, , , ,748 $22,720 $229,059 $251,779 * assumes settlement on 1 July in any given year. $96,000 $86,400 $76,800 $67,200 $57,600 $48,000 $38,400 $28,800 $19,200 $9,600 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on Maximising Property Tax Depreciation Deductions Maximising Property Tax Depreciation Deductions

34 BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w Australia Wide Service ABN Australia Wide Service ABN Estimate of Depreciation Claimable Unit 103, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Estimate of Depreciation Claimable Unit 204, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Comparison Yr 1-10 (Max & Min) Comparison Yr 1-10 (Max & Min) $14,000 $12,600 $14,000 $12, ,467 6,509 13, ,184 6,509 10, ,087 6,509 9, ,492 6,509 9, ,046 6,509 8, ,846 6,509 8, ,437 6,509 7, ,509 7, ,509 7, ,509 6, , , ,437 $26,757 $260,336 $287,093 $11,200 $9,800 $8,400 $7,000 $5,600 $4,200 $2,800 $1,400 s 1 7,467 6,387 13, ,184 6,387 10, ,087 6,387 9, ,492 6,387 8, ,046 6,387 8, ,846 6,387 8, ,437 6,387 7, ,387 7, ,387 7, ,387 6, , , ,775 $26,757 $255,454 $282,211 $11,200 $9,800 $8,400 $7,000 $5,600 $4,200 $2,800 $1,400 s 1 6,109 5,325 11, ,424 5,325 8, ,525 5,325 7, ,039 5,325 7, ,674 5,325 6, ,510 5,325 6, ,175 5,325 6, ,325 6, ,325 5, ,325 5, , , ,539 $21,891 $212,996 $234,887 * assumes settlement on 1 July in any given year. $90,000 $81,000 $72,000 $63,000 $54,000 $45,000 $36,000 $27,000 $18,000 $9,000 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on ,109 5,225 11, ,424 5,225 8, ,525 5,225 7, ,039 5,225 7, ,674 5,225 6, ,510 5,225 6, ,175 5,225 6, ,225 5, ,225 5, ,225 5, , , ,543 $21,891 $209,000 $230,891 * assumes settlement on 1 July in any given year. $89,000 $80,100 $71,200 $62,300 $53,400 $44,500 $35,600 $26,700 $17,800 $8,900 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on Maximising Property Tax Depreciation Deductions Maximising Property Tax Depreciation Deductions

35 BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w Australia Wide Service ABN Australia Wide Service ABN Estimate of Depreciation Claimable Unit 203, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Estimate of Depreciation Claimable Unit 205, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Comparison Yr 1-10 (Max & Min) Comparison Yr 1-10 (Max & Min) $14,000 $12,600 $16,000 $14, ,467 6,387 13, ,184 6,387 10, ,087 6,387 9, ,492 6,387 8, ,046 6,387 8, ,846 6,387 8, ,437 6,387 7, ,387 7, ,387 7, ,387 6, , , ,775 $26,757 $255,454 $282,211 $11,200 $9,800 $8,400 $7,000 $5,600 $4,200 $2,800 $1,400 s 1 7,531 7,651 15, ,700 7,651 12, ,438 7,651 11, ,737 7,651 10, ,219 7,651 9, ,970 7,651 9, ,344 7,651 8, ,108 7,651 8, ,651 8, ,651 8, , , ,072 $28,858 $306,024 $334,882 $12,800 $11,200 $9,600 $8,000 $6,400 $4,800 $3,200 $1,600 s 1 6,109 5,225 11, ,424 5,225 8, ,525 5,225 7, ,039 5,225 7, ,674 5,225 6, ,510 5,225 6, ,175 5,225 6, ,225 5, ,225 5, ,225 5, , , ,543 $21,891 $209,000 $230,891 * assumes settlement on 1 July in any given year. $89,000 $80,100 $71,200 $62,300 $53,400 $44,500 $35,600 $26,700 $17,800 $8,900 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on ,161 6,260 12, ,846 6,260 10, ,813 6,260 9, ,239 6,260 8, ,815 6,260 8, ,612 6,260 7, ,100 6,260 7, ,260 7, ,260 6, ,260 6, , , ,877 $23,611 $250,384 $273,995 * assumes settlement on 1 July in any given year. $103,000 $92,700 $82,400 $72,100 $61,800 $51,500 $41,200 $30,900 $20,600 $10,300 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on Maximising Property Tax Depreciation Deductions Maximising Property Tax Depreciation Deductions

36 BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w Australia Wide Service ABN Australia Wide Service ABN Estimate of Depreciation Claimable Unit 205, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Estimate of Depreciation Claimable Unit 202, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Comparison Yr 1-10 (Max & Min) Comparison Yr 1-10 (Max & Min) $16,000 $14,400 $15,000 $13, ,531 7,651 15, ,700 7,651 12, ,438 7,651 11, ,737 7,651 10, ,219 7,651 9, ,970 7,651 9, ,344 7,651 8, ,108 7,651 8, ,651 8, ,651 8, , , ,072 $28,858 $306,024 $334,882 $12,800 $11,200 $9,600 $8,000 $6,400 $4,800 $3,200 $1,600 s 1 7,453 6,796 14, ,403 6,796 11, ,232 6,796 10, ,593 6,796 9, ,114 6,796 8, ,895 6,796 8, ,287 6,796 8, ,051 6,796 7, ,796 7, ,796 7, , , ,238 $27,577 $271,830 $299,407 $12,000 $10,500 $9,000 $7,500 $6,000 $4,500 $3,000 $1,500 s 1 6,161 6,260 12, ,846 6,260 10, ,813 6,260 9, ,239 6,260 8, ,815 6,260 8, ,612 6,260 7, ,100 6,260 7, ,260 7, ,260 6, ,260 6, , , ,877 $23,611 $250,384 $273,995 * assumes settlement on 1 July in any given year. $103,000 $92,700 $82,400 $72,100 $61,800 $51,500 $41,200 $30,900 $20,600 $10,300 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on ,098 5,560 11, ,603 5,560 9, ,644 5,560 8, ,121 5,560 7, ,730 5,560 7, ,551 5,560 7, ,053 5,560 6, ,560 6, ,560 6, ,560 5, , , ,740 $22,563 $222,402 $244,965 * assumes settlement on 1 July in any given year. $94,000 $84,600 $75,200 $65,800 $56,400 $47,000 $37,600 $28,200 $18,800 $9,400 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on Maximising Property Tax Depreciation Deductions Maximising Property Tax Depreciation Deductions

37 BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w Australia Wide Service ABN Australia Wide Service ABN Estimate of Depreciation Claimable Unit 102, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Estimate of Depreciation Claimable Unit 201, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Comparison Yr 1-10 (Max & Min) Comparison Yr 1-10 (Max & Min) $15,000 $13,500 $15,000 $13, ,453 7,203 14, ,403 7,203 11, ,232 7,203 10, ,593 7,203 9, ,114 7,203 9, ,895 7,203 9, ,287 7,203 8, ,051 7,203 8, ,203 7, ,203 7, , , ,444 $27,577 $288,106 $315,683 $12,000 $10,500 $9,000 $7,500 $6,000 $4,500 $3,000 $1,500 s 1 7,486 7,284 14, ,673 7,284 11, ,416 7,284 10, ,721 7,284 10, ,207 7,284 9, ,962 7,284 9, ,337 7,284 8, ,100 7,284 8, ,284 8, ,284 7, , , ,057 $28,673 $291,368 $320,041 $12,000 $10,500 $9,000 $7,500 $6,000 $4,500 $3,000 $1,500 s 1 6,098 5,893 11, ,603 5,893 9, ,644 5,893 8, ,121 5,893 8, ,730 5,893 7, ,551 5,893 7, ,053 5,893 6, ,893 6, ,893 6, ,893 6, , , ,728 $22,563 $235,720 $258,283 * assumes settlement on 1 July in any given year. $98,000 $88,200 $78,400 $68,600 $58,800 $49,000 $39,200 $29,400 $19,600 $9,800 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on ,125 5,960 12, ,823 5,960 9, ,795 5,960 8, ,227 5,960 8, ,805 5,960 7, ,606 5,960 7, ,094 5,960 7, ,960 6, ,960 6, ,960 6, , , ,865 $23,460 $238,396 $261,856 * assumes settlement on 1 July in any given year. $99,000 $89,100 $79,200 $69,300 $59,400 $49,500 $39,600 $29,700 $19,800 $9,900 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on Maximising Property Tax Depreciation Deductions Maximising Property Tax Depreciation Deductions

38 BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w Australia Wide Service ABN Australia Wide Service ABN Estimate of Depreciation Claimable Unit 111, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Estimate of Depreciation Claimable Unit 110, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Comparison Yr 1-10 (Max & Min) Comparison Yr 1-10 (Max & Min) $15,000 $13,500 $16,000 $14, ,486 7,447 14, ,673 7,447 12, ,416 7,447 10, ,721 7,447 10, ,207 7,447 9, ,962 7,447 9, ,337 7,447 8, ,100 7,447 8, ,447 8, ,447 7, , , ,940 $28,673 $297,881 $326,554 $12,000 $10,500 $9,000 $7,500 $6,000 $4,500 $3,000 $1,500 s 1 7,453 7,732 15, ,403 7,732 12, ,232 7,732 10, ,593 7,732 10, ,114 7,732 9, ,895 7,732 9, ,287 7,732 9, ,051 7,732 8, ,732 8, ,732 8, , , ,312 $27,577 $309,264 $336,841 $12,800 $11,200 $9,600 $8,000 $6,400 $4,800 $3,200 $1,600 s 1 6,125 6,093 12, ,823 6,093 9, ,795 6,093 8, ,227 6,093 8, ,805 6,093 7, ,606 6,093 7, ,094 6,093 7, ,093 6, ,093 6, ,093 6, , , ,860 $23,460 $243,721 $267,181 * assumes settlement on 1 July in any given year. $101,000 $90,900 $80,800 $70,700 $60,600 $50,500 $40,400 $30,300 $20,200 $10,100 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on ,098 6,326 12, ,603 6,326 9, ,644 6,326 8, ,121 6,326 8, ,730 6,326 8, ,551 6,326 7, ,053 6,326 7, ,326 7, ,326 6, ,326 6, , , ,710 $22,563 $253,032 $275,595 * assumes settlement on 1 July in any given year. $103,000 $92,700 $82,400 $72,100 $61,800 $51,500 $41,200 $30,900 $20,600 $10,300 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on Maximising Property Tax Depreciation Deductions Maximising Property Tax Depreciation Deductions

39 BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w BMT Tax Depreciation QUANTITY SURVEYORS Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t f e info@bmtqs.com.au w Australia Wide Service ABN Australia Wide Service ABN Estimate of Depreciation Claimable Unit 608, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Estimate of Depreciation Claimable Unit 605, Vantage Apartments Lutwyche Road, LUTWYCHE, QLD 4030 Comparison Yr 1-10 (Max & Min) Comparison Yr 1-10 (Max & Min) $17,000 $15,300 $18,000 $16, ,655 8,986 16, ,150 8,986 15, ,409 8,986 13, ,396 8,986 12, ,676 8,986 11, ,292 8,986 11, ,571 8,986 10, ,101 8,986 10, ,986 9, ,986 9, , , ,520 $33,753 $359,414 $393,167 $13,600 $11,900 $10,200 $8,500 $6,800 $5,100 $3,400 $1,700 s 1 7,391 9,823 17, ,600 9,823 16, ,707 9,823 14, ,601 9,823 13, ,813 9,823 12, ,389 9,823 12, ,642 9,823 11, ,148 9,823 10, ,823 10, ,823 10, , , ,855 $35,066 $392,928 $427,994 $14,400 $12,600 $10,800 $9,000 $7,200 $5,400 $3,600 $1,800 s 1 6,263 7,352 13, ,032 7,352 12, ,607 7,352 10, ,778 7,352 10, ,190 7,352 9, ,876 7,352 9, ,285 7,352 8, ,352 8, ,352 7, ,352 7, , , ,970 $27,615 $294,064 $321,679 * assumes settlement on 1 July in any given year. $121,000 $108,900 $96,800 $84,700 $72,600 $60,500 $48,400 $36,300 $24,200 $12,100 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on ,047 8,037 14, ,400 8,037 13, ,851 8,037 11, ,947 8,037 10, ,301 8,037 10, ,955 8,037 9, ,344 8,037 9, ,037 8, ,037 8, ,037 8, , , ,699 $28,692 $321,486 $350,178 * assumes settlement on 1 July in any given year. $131,000 $117,900 $104,800 $91,700 $78,600 $65,500 $52,400 $39,300 $26,200 $13,100 Cumulative Yr 1-10 (Min & Max) s 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 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. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on Maximising Property Tax Depreciation Deductions Maximising Property Tax Depreciation Deductions

40 Whilst every care has been taken in the preparation of this document, it is for guidance only. This developer and its agents make no warranty or representation as to the accuracy, reliability, currency, or completeness of the information herein contained. Illustrations, diagrams and the photographs are for presentation purpose only. Interested parties should satisfy themselves as to the accuracy, reliability, currency, or completeness of each description or reference. All information herein is subject to change without notice. Building images are indicative only. toto40788 totoandco.com.au