Varsity Lakes, Gold Coast Latest Apartments

© copyright - Probity Investments 2015 1

07 3198 6200

Snap Shots

Large apartment sizes with excellent Return on Investment

Cash flow positive by up to $10,764 in year one

PROPERTY TYPES: 1, 2 & 3 Bed ApartmentsPRICE RANGE: From $329,000CAPITAL GROWTH: 9 %RENT YIELD: 6.1 %VACANCY RATE: 1.2%TOTAL R.O.I.: 15.1%

Located on the banks of Lake Orr & walking distance to Bond University and all amenities, plus 3 world class golf courses just minutes away, Aura Apartments enjoy the perfect lo-cation and provide a Remarkable Invest-ment opportunity .

Towers 1 & 4 Completed and available for immediate settlementTowers 2 & 3 Expected to commence Jan 2016, completed by Dec 2016

“AURA APARTMENTS” VARSITY LAKES

http://www.probityinvestments.com

http://www.probityinvestments.com/investment-properties/

https://youtu.be/UWbCYc-BnGE


07 3198 6200

Population Growth

Queensland’s population is projected to double to around 9.4 million people by 2056 and is pro-jected to replace Victoria as Australia’s second most populous state in 2050. Throughout the year, an annual 2% growth rate has been record-ed in Queensland, which was higher than the na-tional growth rate (1.8%). The state’s high rate ofpopulation growth will be driven by a continuedstrengthening of both net overseas migration andnet interstate migration levels.

Migration Rate

Queensland is one of only two states forecast to experience positive net interstate migration for the next four years, averaging 20,000 people per year. This rise is principally underpinned by mi-grants from both New South Wales and Victoria driven to move due to the state’s relative hous-ing affordability, economic conditions continue to decline and strong employment opportunities. For the year ended June 2016, the State’s net interstate migration level is forecast to rise from around 10,500 to 19,000.

Overseas migration has an immediate impact on the demand for housing as migrants require some form of housing on arrival, whether as rent-ers (in most instances) or as owner-occupiers.

Economic growth

The Queensland State Budget forecasts eco-nomic growth of 6 percent in 2015 - 16 with Asia continuing to be the main driver of growth. Queensland’s economy experienced the second highest average annual growth rate of any Aus-tralian state or territory over the last 20 years.

Queensland’s Gross State Product (GSP) is ex-pected to grow very strongly (at 3%) in 2014-15 which will see Queensland become the na-tion’s leading economy. Over the coming years, Queensland’s unemployment rate is forecast to decline, with the years 2013/14 alone seeing more than 60,000 new jobs created, taking the total number of employed persons to 2.32 million.

Looking ahead, Queensland is expected to con-tinue to outstrip national growth. Sustained low interest rates and stronger population growth are expected to strengthen spending in the house-hold sector.

Queensland Queensland is the second-largest and third-most populated state/ territory in Australia. According to the latest data provided by the Queensland Government, Queensland’s current population sits at 4,740,927 people.

Source: Resolution Research Strategists


07 3198 6200

Population Growth

The Gold Coast’s population reached approx. 538,000 residents during 2012 with significant growth realised between 2001 and 2011, when population increased by around 13,000 residents per annum. This growth is forecast to continue over the next 20 years to 2031, with estimat-ed growth of 14,000 new residents per annum. There will be an estimated 320,000 additional people to call the city home by 2035.

Economic growth

The Gold Coast is widely acclaimed as Austra-lia’s premier tourist destination and attracts over 12 million visitors and approximately 12,500 new residents each year, making it one of the fastest growing cities in Australia.

The Gold Coast economy has grown from a plat-form of tourism and construction to an economy valued at over $25.2 billion. As host city for the Commonwealth Games in 2018, the Gold Coast city is undergoing over $13.5 billion in major infrastructure projects, transforming this young city into a world-class destination.

With prestigious beachfront, river front, canal front, golf course frontage living options along-side acre-age and traditional lifestyle options, tourism becomes a primary economic focus and resident population growth bounces back. The Gold Coast residential property market is cur-rently experiencing an increase in demand and growth.

Population growth, as well as the heavy invest-ment in infrastructure ($13.5 billion) and forecast employment opportunity is expected to boost economic growth on the Gold Coast.

These major drivers will promote recovery and leverage off the region’s affordability in compari-son to other markets. Ultimately, the opportunity exists within the current market to capitalise on competitive prices and low vacancy rates with an intention to take ad-vantage of future demand and property cycles.

Gold Coast Defined by its world-class beaches, magnificent shopping centres, progressive infrastructure programs and fast growing population, the Gold Coast (GC) is a vibrant beachfront city within South East Queensland, and ranks as the sixth largest city in Australia.

“The Gold Coast will double its population to 1.2 million people by 2050, and the city must be willing to hunt down big business

to make the most of the growth - Demographer Bernard Salt

Source: Gold Coast Convention & Exhibition Centre,

Only 1 hour drive from Brisbane, with access to two international airports, the Gold Coast is perfectly positioned as a destination for business, invest-ment, study, sport, events, tourism and lifestyle. The Gold Coast stretches along 57 kilometres of coastline and is home to over half a million people.

Urbis Gold Coast Report 2014

Click for ”Future Gold Coast” video

, Australia’s Gold Coast

http://www.goldcoastbulletin.com.au/business/bernard-salt-gold-coast-population-to-double-to-12-million-people-by-2050-and-wed-better-be-ready/story-fnjc2dm2-1227216567504

http://www.gccec.com.au/quick-facts.html

https://youtu.be/lXz31wLi4Es

https://youtu.be/lXz31wLi4Es

http://invest.moregoldcoast.com.au/major-projects/


07 3198 6200

Gold Coast Health & Knowledge Precinct

The 200ha Gold Coast Health and Knowledge Pre-cinct (GCHKP) is ‘a vibrant community where people live, learn and work’. Home to a new $1.6b world-class teaching hospital, research and allied medical facilities, the next stages of the precinct’s growth in-clude development of a private hospital and the 2018 Commonwealth Game Athlete Village at Parklands. It is expected the GCHKP will strengthen and diversify the Gold Coast economy and create more than 9,200 jobs.

Gold Coast Convention Centre

Having recently celebrated ten years of operation the Centre has worked tirelessly on lifting and promoting the destinations profile in conjunction with industry partners through programs and joint efforts to appeal to an international audience. The partnership has resulted in many joint wins including the upcoming World Volunteer Conference which trumped Mexico City and set to bring 1,500 delegates and inject $3 million into the local economy in 2015, another rea-son to invest in the Gold Coast.

Gold Coast Major InfrastructuresGold Coast 2018 Commonwealth Games™ (GC2018)

Hosting the Gold Coast 2018 Commonwealth Games represents a once-in-a-generation opportunity. There will be several public domain improvements, upgrades to Southport and Broadbeach Malls, tree planting, street-scaping, road and footpath upgrades, community health and safety initiatives. With the attraction of other major sporting events, such as the 2014 Pan Pacific Swimming Championships, major tourism will boost with 100,000+ visitors during GC2018.

◊ $2 billion economic impact◊ 30,000 Full time equivalent jobs◊ Global exposure to a television audience of 1 billion+◊ National and international sports training camps◊ $200 million in new sporting and community infrastructure◊ $270 million+ to state/local economy (based on figures from the Melbourne 2006 Commonwealth Games).

Gold Coast G:link - the easy way to travel

G:Link is a new $1.6bn light rail system that runs 7 days a week, spanning 13 kilometres of the Gold Coast, stopping at 16 tram stations from Broadbeach to the new Gold Coast University Hospital. The Gold Coast G:Link provides the convenience of comfort-able and affordable transport to other main attrac-tions of the Gold Coast.


07 3198 6200

Population Growth

Currently, Varsity Lakes has a population of 14,365 residents, with an average income of $714 per week.

Employment Rate

The Commercial precinct at Varsity Lakes has over 600 businesses, employing over 5,000 people, which could well double in the short term.

Located in the heart of Varsity Lakes, the $200 million Market Square retail and commercial hub (Varsity Central) offers a diverse mix of restau-rants, cafes, tavern, offices, convenience stores and lifestyle shops.

Varsity Central is home to numerous communica-tion and information technology firms and has a growing base of firms in law, finance, education, professional services, general business services, retail and entertainment. Blue chip companies such as IBM, Minter Ellison Lawyers, Parsons Brinckerhoff and City Council Engineering call Varsity Central home.

Economic growth

The Robina-Varsity Lakes area is now ranked as the third largest commercial precinct on the Gold Coast and continues to grow rapidly. Figuresreleased recently by CB Richard Ellis show that Robina-Varsity Lakes had around 77,500 sqm of office space in December 2014, ranked 3rd behind Southport with 113,000 sqm and Bundall with 80,000 sqm.

Development in the pipeline for this year is currently estimated at 25,300 sqm, of which 13,300sqm will be in Robina-Varsity, 9,000 in Southport and 3,000 in Broadbeach.

The region is expected to create as many as 20,000 jobs in the next 18 months and a signifi-cant proportion of these people will seek to live in the Robina area because of its accessibility and range of lifestyle options.

Varsity Lakes

Source: Business News Australia

Located at the south side of Gold Coast, only 6 minutes drive from Robina CBD, Varsity Lakes is a multi-award winning, master-planned community. The suburb has been transformed into a major business, education and residential community and is currently home to more than 6,000 residents and 3,000 employees.

, homesales.com.au

http://www.goldcoastbusinessnews.com.au/articles/city-cashes-in-on-commercial-growth.html

Varsity Lakes | Apartments

6 mins drive to Robina Town Centre

14 mins walk to Bond University

18 mins drive to Gold Coast International Airport

19 mins drive to Surfers Paradise

6 mins drive to Robina Woods Golf Course

14 mins drive to Gold CoastConvention & Exhibition Centre

Click for Video

https://www.youtube.com/watch?v=hKcYD4sqwbY




07 3198 6200Varsity Lakes Major InfrastructuresBond University (1.7 km)

Bond University is set on a 50 hectare campus at Varsity Lakes, with more than 6,062 local and inter-national students enrolled. Created in the traditions of the world’s leading private universities, a series of grand sandstone faculty buildings line a landscaped promenade leading down to the tranquil man-made lake. Bond’s global reputation for educational excel-lence continues to attract teaching and research ac-ademics of international standing.

Robina Town Centre (4.8 km)

Adjacent to the M1 Motorway, Robina Town Centre is one of the Gold Coast’s largest shopping destina-tions, featuring the Gold Coast’s only David Jones department store as well as QLD’s first Zara and over 350 retail stores. Robina Town Centre’s Market Hall Development Stage 2A has recently opened, comprising a Coles superstore, specially retails and new two level car parking. Demolition for Stage 2B has commenced.

Robina Private Hospital development (5.3 km)

After the expansion project in 2012, the size of Robina Public Hospital has been doubled and became the sixth largest hospital in Queensland. Located within the Robina Medical Precinct and co-located with the Robina Public Hospital, stage 1 of the proposed $20.5 million Robina Private Hospi-tal is expected to be completed in 2016.

Other medical facilities: ◊ Gold Coast Medical Precinct ( 10 mins walk )◊ Christine Avenue Medical Centre ( 7 mins drive)◊ Varsity Lakes 7 Days & Night Medical Centre ( 4 mins walk )

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Varsity Lakes Schools and Education

There are more than 20 schools located within 6km of Aura Apartments, including primary schools, state high schools, private schools and child care centre. such as Varsity College and Hope College. Read More

Golf Courses (3.9 km)

Robina Woods Golf Course, Palmer Gold Coast and The Glades Golf Club are world class, 18-hole cours-es and only a short drive from Aura Apartments.

Read More

https://bond.edu.au

https://www.robinatowncentre.com.au/

http://www.goldcoastaustralia.com/varsity-lakes-suburb.html

http://www.afr.com/real-estate/australian-unity-healthcare-fund-plans-gold-coast-hospital-20150615-gho8xt

8© copyright - Probity Investments 2015

07 3198 6200

1 Bedroom Apartments

FROM $329,000


FROM $445,000


FROM $560,000


07 3198 6200Location Map

1. Market Square, local shops (3 mins)2. Bond University (3 mins)3. Gold Coast Medical Precinct (3 mins) 4. Varsity Lakes Train Station (5 mins)

5. Robina Town Centre (6 mins) 6. Surfers Paradise (2 3 mins)7. Gold Coast Airport (18 mins)8. Brisbane CBD (60 mins)

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http://www.probityinvestments.com/


07 3198 6200Location map

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AURA APARTMENTS | VARSITY LAKES

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07 3198 6200Location map

• •Gold Coast International Airport (18 min*)

• •John Flynn Private Hospital (18 min*)

• •Byron Bay, NSW (61 min*)

*Sourced from Google Maps indicating drive time in minutes from Aura Apartments

Destinations North (not shown on map) Destinations South (not shown on map)

1. Varsity College Senior School (2 min*)

2. Market Square - shops, restaurants & cafés (3 min*)

3. Bond University (3 min*)

4. Gold Coast Medical Precinct, Varisty Lakes (3 min*)

5. Sport House at Varsity Lakes (4 min*)

6. Varsity College Primary School (4 min*)

7. Varsity Lakes Railway Station (5 min*)

8. Australian Industry Trade College (5 min*)

9. Gold Coast Beaches (5 min*)

10. Burleigh Homespace (7 min*)

11. M1 Motorway (8 min*)

12. Robina Town Centre (8 min*)

13. Robina Railway Station (8 min*)

14. Robina Hospital (8 min*)

15. Robina Woods golf course (8 min*)

16. Christine Corner shopping centre (8 min*)

17. The Glades golf course (8 min*)

18. Treetops Plaza shopping centre (8 min*)

19. Palmer Colonial golf course (9 min*)

20. Cbus Stadium (9 min*)

21. Q Super Centre (9 min*)

22. Stocklands Burleigh Waters (10 min*)

23. Lakelands golf course (11 min*)

24. Koolkids Childcare Centre Clear Island Waters (11 min*)

25. Nobby Beach (12 min*)

26. Burleigh Golf Club (12 min*)

27. Broadbeach - restaurants, cafés, bars, night clubs (14 min*)

28. Jupiters Casino (14 min*)

29. Pacific Fair (15 min*)

30. Burleigh Heads Bowls Club (13 min*)

31. Gold Coast Turf Club (15 min*)

32. Burleigh Heads National Park (15 min*)

33. Tallebudgera Creek (17 min*)

34. Surfers Paradise - restaurants, cafés, bars, night clubs (19 min*)

35. Southport CBD (23 min*)

36. Southport Yacht Club (23 min*)

37. The Broadwater (23 min*)

• •Somerset College Private School (8 min*)

• •All Saints Anglican School (11 min*)

• •Palm Meadows golf course (13 min*)

• •Metricon Stadium (16 min*)

• •Royal Pines golf course (16 min*)

• •Warner Bros. Movie World (20 min*)

• •Springbrook National Park (21 min*)

• •Gold Coast University Hospital (24 min*)

• •Dreamworld (24 min*)

• •Sea World (26 min*)

• •Brisbane City (57 min*)

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AURA APARTMENTS | VARSITY LAKES


07 3198 6200

Average Total Areas

Disclaimer :While every reasonable care has been taken in the preparation of this brochure, all particulars contained herein are believed to be correct at the time of printing.Interested parties must rely on their own enquiries. Illustrations and photography are for presentation purposes and should be regarded as indicative only.

N

PROUDLY DEVELOPED BY

1 1

T4 T1

L A K E O R R

CR

ESCE

NT

LAKE FRONT

T

F

LIVING

KITCHEN

LAUNDRY

STORE

ROBE

ENSUITE

BATHROOM

F

MW

BALCONY

DINING

BED 1

BED 2 BED 3

WC

ROBE

WIR

BALCONY

DW

P

HWSWM+ DT

TYPE C UNITTower 1

Unit 104m2

Balcony 25 m2

Total 129 m2

Typical floor plans for levels 1 - 8Unit No's.112#, 122, 132, 142, 152, 162, 172, 182# = (Terrace 61m2 in lieu of Balcony)

3

H B

BF

A

BC

D

B

B

Floor plan - 3 bed, 2 bath (example)


07 3198 6200

Average Total Areas


N


1 1

T4 T1

L A K E O R R

CR

ESCE

NT

LAKE FRONT

T

FLIVING

KITCHEN

LAUNDRY

STORE

ROBE

ENSUITE

BATHROOM

F

MW

BALCONY

DINING

BED 1

BED 2

WIR

DW

P

HWSWM+ DT

TYPE D UNITTower 1

Unit 90 m2

Balcony 17 m2

Total 107 m2

Typical floor plans for levels 2 - 8Unit No's.123, 133, 143, 153, 163, 173, 183

2

H B

BF

A

BC

D

B

B

Floor plan - 2 bed, 2 bath (example)


07 3198 6200

Average Total Areas

Disclaimer :While every reasonable care has been taken in the preparation of this brochure, all particulars contained herein are believed to be correct at the time of printing,Interested parties must rely on their own enquiries. Illustrations and photography are for presentation purposes and should be regarded as indicative only.

T1

1 1


N

T4

L A K E O R R

CR

ESCE

NT

LAKE FRONT

T

F

LIVING

KITCHENLAUNDRY

CUB'DROBE

ENSUITE

STUDY

F MW

BALCONY

DINING

BED 1

CUB'D

ENTRYDW

PHWS

WM+ D

T

TYPE I UNITTower 4

Unit 72 m2

Terrace 37 m2

Total 109 m2

Typical floor plan on Level 1Unit No. 416

TERRACE

K B

BFB

A

BC

D

I

Floor plan - 1 bed + study nook (example)

**Click here for All Apartment floor plans

http://www.probityinvestments.com/wp-content/uploads/2015/09/Aura-Apartments-Floor-Plans-all-unit-types.pdf


07 3198 6200

Average Total Areas


N


1 1

T4 T1

L A K E O R R

CR

ESCE

NT

LAKE FRONT

F

T

LIVING

KITCHENLAUNDRY

STOREROBE

ENSUITE

FMW

BALCONY

DINING

BED 1

DW

P

HWS

WM+ D

T

TYPE F UNITTower 4

Unit 60 m2

Balcony 11 m2

Total 71 m2

Typical floor plan Levels 1- 4Unit No. 414#, 424, 434, 444# = Terrace 25m2 in lieu of Balcony

H B

BFB

A

BC

DB

Floor plan - 1 bed (example)

**Click here for All Apartment floor plans

http://www.probityinvestments.com/wp-content/uploads/2015/09/Aura-Apartments-Floor-Plans-all-unit-types.pdf


07 3198 6200Schedule of Inclusions, Fixtures & Fittings



(Continue)

Taps

Paint

HWS

Laundry

Bath I ensuite

Bench top: Smart stone 20mm thick with square edge

detail

Smart stone 40mm to all ground floor units

(9 off) and all level eight (4 off) units in

Tower 1 only

Floor. 600x600 Polished Porcelain tile

Sink: stainless steel 1 & Y: bowl

Kitchen mixer: Fl ick mixer polished chrome

Dishwasher: Euromaid quality- stainless steel

Oven: Euromaid quality-stainless steel under

bench mounted

Microwave:

Cook top:

Range hood:

Generally:

Clothes dryer:

Cabinet

Floors:

Walls:

Bath:

Vanity:

Basins:

Floors:

Walls:

Not Applicable

Euromaid quality- electric ceramic range

Euromaid quality- stainless steel

retractable

Dorf Flick mixer polished chrome

2 x coats quality to designers specifications

Rinnai Electric HWS 1601t

Fisher & Paykel wall mounted 4kg

aluminium cabinet with trough and mixer

300x300 Polished Porcelain tile

Tile splash & paint

Moulded acrylic -white

Laminate finish with stone tops -equivalent

Smart Stone

1 x semi recessed basins to main bathroom

(In 1, 2 & 3 bedroom apartments.

2 x semi recessed basins in ensuites for 2 &

3 bedroom apartments only

300x300 Polished Porcelain tile

Tile 2000mm high in shower & tile skirt

around room. Paint to designers spec.

Mirrors: Frameless polished edge mirror

Shower screens Semi frame less clear safety glass

Varsity Developments Stage 1 Finishes Schedule Rev. A dated 31.03.15



(Continue)

Accessories:

Internal Doors:

Front Entry door

Carpet

Architraves & skirtings

Cornice

Power Points

Air conditioning

Wardrobes

Linen cupboard

EXTERNAL DESIGN INFORMATION Pool/ Spa -Internal finish

Pool - exterior

Pool fencing

Planter boxes

Screens to building

Restrooms

Sauna

Seating next to spa

Water features

BBQ shelter

GYMNASIUM CONSTRUCTION

Roof

Walls

Quality towel rails, toilet roll holders

Painted timber doors with quality handles

Solid painted door and quality handle with lock

Quest Pioneer

Timber to all walls, windows and doors

Shadow line or square set

GPO's as per electrical plan

Ducted reverse cycle unit

Mirrored sliding wardrobe doors with white melamine fit out

Walk in robes -white melamine fit out

Melamine shelving

Pebble Crete/ Fibreglass

External tiles

Glass upright aluminium posts, gates to match

Core filled block and rendered finish

Aluminium batten screens

1 x male, 1 x female, 1 x Disabled, restroom includes toilet,

basin, flick mixer, mirror and shower facilities

Floors:

Walls:

Roof:

Tiled floor with tile skirt, painted walls

Tiled to 2000mm in showers, with tile skirt

and painted walls

Colorbond

Wood panels, heater etc as per suppliers specifications

Timber decking style

Block and rendered outside with pool lining and pump

Material: Open pergola from Structural Steel with roof

Fitout: Outdoor cabinet with stone tops & gas BBQ (gas

cylinder inside cupboard)

Lighting: Overhead lights to fit with design

Colorbond

3 x glass walls & 1 x rendered block


Accessories:

Internal Doors:

Front Entry door

Carpet


Cornice

Power Points

Air conditioning

Wardrobes

Linen cupboard


Pool - exterior

Pool fencing

Planter boxes

Screens to building

Restrooms

Sauna

Seating next to spa

Water features

BBQ shelter


Roof

Walls




Quest Pioneer







Melamine shelving


External tiles






Floors:

Walls:

Roof:



and painted walls

Colorbond








Colorbond





Internal Walls

Floors

Air conditioning

Power points

Gymnasium inclusions

Full mirror wall on back wall and full glass windows to all

other walls

Commercial grade carpet

Spilt system unit

GPO point for treadmills etc

2 x commercial grade treadmills

1 x rowing machine

1 x exercise bike

2 x weight machines

1 x rack of free weights


(Continue)

Accessories:

Internal Doors:

Front Entry door

Carpet


Cornice

Power Points

Air conditioning

Wardrobes

Linen cupboard


Pool - exterior

Pool fencing

Planter boxes

Screens to building

Restrooms

Sauna

Seating next to spa

Water features

BBQ shelter


Roof

Walls




Quest Pioneer







Melamine shelving


External tiles






Floors:

Walls:

Roof:



and painted walls

Colorbond








Colorbond



Accessories:

Internal Doors:

Front Entry door

Carpet


Cornice

Power Points

Air conditioning

Wardrobes

Linen cupboard


Pool - exterior

Pool fencing

Planter boxes

Screens to building

Restrooms

Sauna

Seating next to spa

Water features

BBQ shelter


Roof

Walls




Quest Pioneer







Melamine shelving


External tiles






Floors:

Walls:

Roof:



and painted walls

Colorbond








Colorbond




07 3198 6200

Varsity Lakes is a structured, well organised community of the Gold Coast. Current vacancy rates are at an extremely low 1.2%, reflecting the high demand and limited supply of rental accommoda-tion. The median asking yields in Varsity Lakes is a healthy 6.1%. Rents on the Gold Coast are rising by 8% per annum off the back of a continued robust population growth of 2.5% per annum. SQM Research have forecast 7-11% price increases on the Gold Coast for 2016. Aura’s generous apart-ment sizes, spectacular views across Lake Orr, and ideal location less than 1 kilometre from Bond University will serve to strengthen rent returns and capital growth above the reported averages.

Current Rent Appraisal

CAPITAL GROWTH & RENTAL RETURN PROSPECTS

Independent Rental appraisal by Colliers International on 27 Aug 2015:

1 Bedroom, 1 Bathroom apartments : $360 - $370 p/w1 Bedroom + Study, 1 Bathroom apartments : $410 - $420 p/w

2 Bedroom, 2 Bathroom apartments : $450 - $500 p/w3 Bedroom, 2 Bathroom apartments: $560 - $610 p/w

Local, interstate and invest-ment buyers are drawn to the Gold Coast which offers an unrivalled enviable lifestyle, employment opportunities and world-class education and health facilities. Lynda Campbell - Urbis

http://www.probityinvestments.com/investment-properties/


07 3198 6200Cash Flow Analysis - 1 Bed (example)

339,000$ 100,000$ -$ 12,448$ 80%

4.00%1,500$ 17,642$

11,136$ 12,448$ 846$ 300$

1,500$ 30,390$ 1,750$ 3,187$ 19,240$

370$ 100,000$ 8.0% 119,240$ 318$ -$ 119,240$

30,390$ 88,850$

10,848$ 24,947$ 1,750$ 20,821$ 3,187$ 4,126$ 1,539$

318$ 4,126$ -$ 19,240$

17,642$ 23,366$

19,240$ 23,366$ 17,642$ 17,642$

1,598$ 5,723$

31$ 110$

6.1% 9.0%

1.2% 15.1%

CASH FLOW ANALYSIS "AURA" 33 LAKEFRONT CRES, VARSITY LAKES QLD 4227 | Unit 414: 1 Bed (60 + 25 sqm) Tower 1 (North-West aspect)

PROPERTY PURCHASE INFORMATION TAX ASSESSMENT INFORMATIONTotal Property Purchase Price Gross Annual Personal Income (individual / combined)

Borrowing Costs Total Annual Holding Costs (100% tax deductible)Government Transfer Duty on Property plus Allowable Tax Depreciation on PropertyOther Government Fees plus Allowable Tax Deduction on Borrowing Costs

Land Price (if applicable) Property Depreciation Estimate (Source: BMT)Mortgage Loan to Value Ratio (LVR)Mortgage Interest Rate (Interest-Only) TAX CALCULATIONS

Weekly Rent - Unfurnished (Source: Colliers International) plus Gross Annual Personal IncomeProperty Management Fees Total Gross Annual IncomeLandlord Insurance

Conveyancing Professional Fees Annual Property Tax DeductionsCouncil Rates, Water & SewerageBody Corporate Fees (Includes Insurance, Admin + Sinking Fund) Gross Annual Rental Income

Mortgage Repayments Tax Payable without the new property (excl. Tax Levies)Council Rates, Water & Sewerage less Tax Payable with the new property (excl. Tax Levies)Body Corporate Fees Total Tax Savings with the new property

Furniture Pack (if applicable) Total Gross Annual Incomeless Total Annual Property Tax Deductions

ANNUAL HOLDING COSTS Annual Taxable Income with the new property

Total Annual Holding Costs Total Annual Income (incl. Tax Deductions)

Gross Annual Rental Income Total Annual Income (incl. Tax Deductions)

Property Management FeesLandlord Insurance Total Tax Savings with the new propertyOther expenses plus Gross Annual Rental income

DISCLAIMER: This Cash Flow Summary involves projections and assumptions that can be affected by a number of unforeseen variables. The forecasts and assumptions are a prediction, and whilst Probity Investments has made every effort to ensure they are based on reasonable information, they may be affected by assumptions that do not necessarilly eventuate, or by known or unknown risks and uncertainties. It should be noted that past

performance is not necessarilly a reliable indication of future performance. The information in this publication does not represent financial advice and should not be regarded as such. It has been prepared without taking into account your financial situation or investment objectives. You should consider the appropriateness of the information in regards to your current financial situation or needs. Probity Investments Pty Ltd accepts no responsibility

for the accuracy or completeness of any such material. The information is subject to change without notice and Probity Investments Pty Ltd is under no obligation to update the information or correct any assumptions which may change over time.

less Total Annual Holding Costs less Total Annual Holding Costs

ANNUAL CASH FLOW (excl. Tax Deductions) ANNUAL CASH FLOW (incl. Tax Deductions)

WEEKLY CASH FLOW (excl. Tax Deductions) WEEKLY CASH FLOW (incl. Tax Deductions)

MEDIAN ASKING YIELDS (Source: API Oct 2015) FORECAST GROWTH (Source: SQM Sep 2015)

VACANCY RATE (Source: API Oct 2015) GROSS RETURN ON INVESTMENT (ROI)

Contact your Probity Investments Advisor on 07 3198 6200 to discuss your investment decision in more detail. Email: [email protected] | Fax: 07 3198 6220

http://www.probityinvestments.com/contact-us/


07 3198 6200Cash Flow Analysis - 1 Bed + Study (example)

369,000$ 100,000$ -$ 13,212$ 80%

4.00%1,500$ 18,863$

11,340$ 13,212$ 941$ 300$

1,500$ 32,375$ 1,750$ 3,240$ 21,840$

420$ 100,000$ 8.0% 121,840$ 318$ -$ 121,840$

32,375$ 89,465$

11,808$ 24,947$ 1,750$ 21,049$ 3,240$ 3,898$ 1,747$

318$ 3,898$ -$ 21,840$

18,863$ 25,738$

21,840$ 25,738$ 18,863$ 18,863$

2,977$ 6,875$

57$ 132$

6.1% 9.0%

1.2% 15.1%

CASH FLOW ANALYSIS "AURA" 33 LAKEFRONT CRES, VARSITY LAKES QLD 4227 | Unit 111: 1 Bed + Study (66 + 21 sqm) Tower 1 (North-West aspect)



Land Price (if applicable) Property Depreciation Estimate (Source: BMT)Mortgage Loan to Value Ratio (LVR)Mortgage Interest Rate (Interest-Only) TAX CALCULATIONS

Weekly Rent - Unfurnished (Source: Colliers International) plus Gross Annual Personal IncomeProperty Management Fees Total Gross Annual IncomeLandlord Insurance




















445,000$ 100,000$ -$ 17,337$ 80%

4.00%1,500$ 21,884$

14,000$ 17,337$ 1,196$ 300$ 1,500$ 39,521$ 1,750$ 3,496$ 26,000$

500$ 100,000$ 8.0% 126,000$ 318$ -$ 126,000$

39,521$ 86,479$

14,240$ 24,947$ 1,750$ 19,944$ 3,496$ 5,003$ 2,080$

318$ 5,003$ -$ 26,000$

21,884$ 31,003$

26,000$ 31,003$ 21,884$ 21,884$

4,116$ 9,119$

79$ 175$

6.1% 9.0%

1.2% 15.1%















Property Management Fees Total Gross Annual IncomeLandlord Insurance


Mortgage Interest Rate (Interest-Only) TAX CALCULATIONS

Weekly Rent - Unfurnished (Source: Colliers International) plus Gross Annual Personal Income

CASH FLOW ANALYSIS "AURA" 33 LAKEFRONT CRES, VARSITY LAKES QLD 4227 | Unit 123: 2 Bed, 2 Bath (90 + 18 sqm) Tower 1 (North-West aspect)



Land Price (if applicable) Property Depreciation Estimate (Source: BMT)Mortgage Loan to Value Ratio (LVR)





560,000$ 100,000$ -$ 19,582$ 80%

4.00%1,500$ 26,310$

18,225$ 19,582$ 1,546$ 300$ 1,500$ 46,192$ 1,750$ 3,785$ 31,720$

610$ 100,000$ 8.0% 131,720$ 318$ -$ 131,720$

46,192$ 85,528$

17,920$ 24,947$ 1,750$ 19,592$ 3,785$ 5,355$ 2,538$

318$ 5,355$ -$ 31,720$

26,310$ 37,075$

31,720$ 37,075$ 26,310$ 26,310$

5,410$ 10,764$

104$ 207$

6.1% 9.0%

1.2% 15.1%















Property Management Fees Total Gross Annual IncomeLandlord Insurance


Mortgage Interest Rate (Interest-Only) TAX CALCULATIONS

Weekly Rent - Unfurnished (Source: Colliers International) plus Gross Annual Personal Income

CASH FLOW ANALYSIS "AURA" 33 LAKEFRONT CRES, VARSITY LAKES QLD 4227 | Unit 122: 3 Bed, 2 Bath (104 + 25 sqm) Tower 1 (South-West aspect)



Land Price (if applicable) Property Depreciation Estimate (Source: BMT)Mortgage Loan to Value Ratio (LVR)




07 3198 6200Purchase Process

Step 1: Email or fax your completed Expression of Interest (EOI) form and Payment Confirma-tion of the $2,000 Initial Deposit to Probity Investments

Payment of your Initial Deposit can be made by Cheque or by Electronic Funds Trans-fer (EFT) to the Trust Account details shown below in Step 4.This will secure your cho-sen property and take it off the market whilst your contract documents are prepared and delivered to you for signing.

Note: your initial deposit will be refunded to you if requested at any time before your Contract of Sale is fully executed by all parties

Step 2: Complete and return the Contract of Sale documents to our office within 7 days of receiving them [PO BOX 1709, Milton, QLD 4064]

Step 3: Upon receiving your signed Contract of Sale documents, the Property Developer will counter-sign and enter the official Contract Date.

Step 4: The full deposit, being 10% of the purchase price less the Initial Deposit, must be paid within 14 days from the Contract Date. Payment options are as follows:

a) Direct deposit or EFT to the following Trust Account

Bank Name: Commonwealth BankAccount Name: Minter Ellison – Gold Coast Trust AccountAccount No.: 1046 8478BSB: 064 430Reference: Lot No. ____ Aura

(so funds can be identified)

OR

b) Bank Guarantee / Deposit Bond Email your lender’s formal approval to Probity Investments

Step 5: Settlement:

a) If the title of the lot has not been created at the date of contract, settlement is 14 days after the Seller notifies the Buyer that the community title scheme for ‘Aura Tow-ers 1 to 4’ has been established and proposed SP244125 has registered, or

b) If the title of the lot has been created at the date of contract, settlement is 30 days from the contract date.


07 3198 6200

SSKB provides a wide range of strata related services and are affiliated with some of the bestbusinesses in the industry in order to help makethe entire process of being part of a body cor-porate as easy and seamless as possible for lotowners.

Total Levies start fromONLY $58.22 per week

BMT Tax Depreciation, as a specialist Quantity Surveying firm, maximise depreciation deduc-tions for property investors Australia wide. They are the experts in depreciation schedules for in-vestment properties.

TAX DEPRECIATION for the first year up to approx. $19,582

Complete reports available on our website: www.probityinvestments.com

Overview of the development team

Schedule of Body Corporate Fees & Tax Depreciation Estimates

Property developer, Architect & Builder

Alder Constructions is a multidiscipline construction company that specialises in technically and logistically complex projects. With vast experience across all facets of civil, building and infrastruc-ture construction, Alder can complete any type of project from early inception through to final com-pletion and full operation.

Alder Group has completed a number of successful projects and under-going a huge amount of major building projects throughout Australia. The company promotes a culture of honesty, integrity, innovation and performance which translates to the achievement of outstanding project outcomes and high levels of client satisfaction. They have a philosophy that to truly deliver in accordance with their client’s needs, they must first gain an intimate knowledge and understanding of their client’s vision and the key requirements for the project. Once this is properly understood, the total success of the project becomes an achievable goal.

http://aldercon.com.au/home


http://aldercon.com.au/home/


07 3198 6200Director’s Recommendation

When was the last time you heard of a 1 bedroom apartment with over 70 square metres of internal floor space, and up to 40 square metres of external space ? I know right… it’s virtually unheard of.

Now add to this, a location right on the banks of the stunning Lake Orr, less than 1 kilometre from over 6,500 staff & students attending the internationally renowned Bond University, and there is little wonder why prospective tenants are lining up to get on the waiting list for Aura Apartments.

But it’s not just the students putting a squeeze on the Varsity Lakes rental market, which is currently enjoying an extremely tight 1.2% vacancy rate. A very healthy 2.5% annual pop-ulation growth, billions being spent on major infrastructure, retail and professional centres, has all made the Robina-Varsity Lakes area a major economic hub of the Gold Coast. The upcoming 2018 Commonwealth Games is continuing to stimulate spending in all areas of the local economy and is expected to have a total economic impact of over $2billion. The creation of new and improved hospitals, schools, shopping centres, commercial precincts, roads, public transport and the Gold Coast International Airport are all generating jobs and cash flow for the Gold Coast economy.

These are the triggers that all savvy property investors look for, and with capital growth rates on the Gold Coast now entering double figures, and the continued growth predicted by the country’s leading analysts, the time to invest is now.

Towers 1 & 4 of Aura Apartments are almost complete and we would be delighted to meet you on site for an inspection.

Call us now to make a reservation before they’re all gone.

Have a great day !!

Jeremy FosterManaging Director & LicenseeProbity Investments Pty Ltd

www.probityinvestments.com


Disclaimer: All projections and assumptions are a prediction, and whilst Probity Investments has made every effort to ensure they are based on accurate and reliable information, they may be affected by assumptions that do not necessarily eventuate, or by known or unknown risks and uncer-tainties. The information in this publication does not represent financial advice and should not be regarded as such. It has been prepared without taking into account your financial situation or investment objectives. You should consider the appropriateness of the information in regards to your current financial situation or needs. Probity Investments Pty Ltd accepts no responsibility for the accuracy or completeness of any such material. The information is subject to change without notice and Probity Investments Pty Ltd is under no obligation to update the information or correct any assumptions which may change over time.

PH: 07 3198 6200 E: [email protected] www.probityinvestments.com

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