Detailed Investment Information

Detailed Investment Information

Through thorough research, thoughtful design and well measured market influences comes Pandana, located in Brisbane s growth suburb of Chermside. Located perfectly in Brisbane s inner north, Pandana s proximity and link between the Brisbane CBD, popular northern suburbs, South-East Queensland s largest shopping centre, 2 major hospitals and the Brisbane Domestic and International Airports make it a sought after proposition for investors and locals alike.

REASONS WHY INVESTORS SHOULD CONSIDER PANDANA AS A GOOD LONG TERM INVESTMENT OPPORTUNITY Location Pandana is positioned 10km to the heart of the CBD Close proximity to schools, 2 major hospitals, and universities 600m to a Westfield Chermside Shopping Centre, the largest shopping centre in Queensland with over 400 retailers, food courts, pubs and HOYTS cinemas. 350m to Gympie Road, a significant transport route 200m to Prince Charles Hospital 3500 staff treating 30,000 patients/month 1km to the Holy Spirit Northside Hospital 850m to Kedron Wavell Services Club 1km to Seventh Brigade Park and 73 hectares of walking and cycling trails, sporting fields and recreation facilities 550m to the Chermside Bus Interchange 1000 buses departing weekly - 24hr/day 900m to Chermside Aquatic Centre and Chermside Library Brisbane Domestic & International Airport is only 15m away Pandana s proximity and access to Brisbane s new road network Clem 7, Airport Link and the Northern Link tunnels - Billions worth of Infrastructure allowing speedy access around the metropolitan area The Queensland Government identifies Chermside as a Principal Activity Centre in the South-East Queensland Regional Plan 2009-2031 which means that over the next 20 years, the area has to accommodate substantial residential and employment growth

The Project Boutique Project only 60 apartments across 9 levels Well balanced apartment sizes ranging from 77-132 sqm Positioned on the highest crown of land in Chermside Uninterrupted City, Bay and Suburban Views to the horizon Modern contemporary design with oversized apartments and generous balconies Designed to have low body corporate fees and ongoing maintenance Construction start forecast: Mid 2014 Construction complete forecast: Mid to late 2015 Demographics & Statistics 6 out of 10 people rent in Chermside 40% of occupied dwellings in Chermside are Apartments, and 56% of the households are Couples without Children or Single Parents there is a drastic shortage of 2 bedroom apartments. 12500 people are employed across 600 businesses in Chermside Level of under supply in the area, 120 dwellings are required (last year 40 were built) to be built every year to cater for the increasing population resulting in high rental demand and tight vacancy rates of 1.6% Actual net migration of population growth to the surrounding area of 1.1% per year

Designs Internal Finishes by Elm Interiors Well appointed apartments with quality fixtures and fittings refer to schedules Large kitchen designs for functional living and entertaining Generous bedrooms with physical separation of bedrooms in the 2 bedroom apartments, walk in robes to master and built in robes Very generous balconies for outdoor entertaining Good natural light, floor to ceiling glazing where possible giving spacious internal living areas Good natural ventilation with all 2 bedroom apartments having 2 sides to prevailing breezes Dedicated secure carpark, communal drying and BBQ area on level 2

Value for money & Timing Pandana is priced below any other comparable apartment across the inner north of Brisbane The average apartment size is 101 sqm with an average apartment price of $439,000 25 x 1 bedroom apartments from $349k ($4,610/sqm) 35 x 2 bedroom apartments from $460k ($3,689/sqm) Independent rental advise places rental ranges in the order of $340 - $380/wk for 1 Bedroom apartments and $445 - $510/wk for the 2 Bedroom apartments Now is an opportune time to invest in the Brisbane market, we have passed the bottom of the market and it is currently in the midst of the recovery phase Based on stable price growth and increasing rents, there is the expectation of improving yields over the short to medium term as price growth lags the increase in rents, along with a tight vacancy situation where in near full occupancy is expected. The prevailing situation of relatively little new supply identified for delivery in 2014 will further exacerbate the situation and underpin rent growth in Chermside With state and local government planning visions aimed at providing the very best Roads, Schools, Transport, Parks and Lifestyle amenities in Chermside the Principal Activity Centre will continue to attract significant private investment and returns as people are unable to afford the costs of living & working closer to the Brisbane CBD.

About the Developer Limitless is a property developer and builder of residential projects, with an unparalleled track record stretching 17 years in the residential apartment and luxury housing markets. Collaboration with leading contemporary architects and designers has allowed Limitless to move through different markets, delivering a range of residential offerings at the forefront of design combining creativity with practicality. Limitless aims to make every property, whether it be an investment unit or a luxury house, something that people enjoy coming home too whilst delivering a finished product which is always different from the competition. Holding an in-house open building license enables Limitless Constructions (the building division) to provide a seamless, reliable process that ensures consistent and accountable project delivery at the highest level of quality yet maintain flexibility throughout the project. Limitless takes exceptional pride in their projects and strives to provide ongoing assistance in their completed buildings to drive repeat purchases and loyalty with their existing client base. director: Nick Barr website: limitless.com.au

Annexures Body Corporate Levies/Strata fees Rental Appraisals Indicative Depreciation Schedule by BMT Marketing Plans Press and Market Outlook Schedule of Finishes

Body Corporate for Pandana Chermside CTS Administrative Fund - Amount per contribution lot of entitlement - per quarter $134.00 Sinking Fund - Amount per contribution lot of entitlement - per quarter $30.06 Insurance reimbursement - Approx amount per interest lot of entitlement in the second year pa $15.00 Unit Number Lot Number Contribution Interest Admin Fund Insurance Sinking Fund Annual Cost Weekly Cost Entitlements Entitlements Contribution Contribution Contribution excl Insurance excl Insurance 201 201 17 18 $2,278 $270 $510 $2,788 $54 202 202 16 13 $2,144 $195 $480 $2,624 $50 203 203 16 13 $2,144 $195 $480 $2,624 $50 204 204 17 18 $2,278 $270 $510 $2,788 $54 205 205 17 17 $2,278 $255 $510 $2,788 $54 206 206 16 14 $2,144 $210 $480 $2,624 $50 207 207 16 14 $2,144 $210 $480 $2,624 $50 208 208 16 13 $2,144 $195 $480 $2,624 $50 301 301 17 17 $2,278 $255 $510 $2,788 $54 302 302 16 13 $2,144 $195 $480 $2,624 $50 303 303 16 13 $2,144 $195 $480 $2,624 $50 304 304 17 18 $2,278 $270 $510 $2,788 $54 305 305 18 19 $2,412 $285 $540 $2,952 $57 306 306 16 14 $2,144 $210 $480 $2,624 $50 307 307 16 14 $2,144 $210 $480 $2,624 $50 308 308 17 18 $2,278 $270 $510 $2,788 $54 401 401 17 18 $2,278 $270 $510 $2,788 $54 402 402 16 14 $2,144 $210 $480 $2,624 $50 403 403 16 14 $2,144 $210 $480 $2,624 $50 404 404 17 18 $2,278 $270 $510 $2,788 $54 405 405 18 19 $2,412 $285 $540 $2,952 $57 406 406 16 14 $2,144 $210 $480 $2,624 $50 407 407 16 14 $2,144 $210 $480 $2,624 $50 408 408 17 18 $2,278 $270 $510 $2,788 $54 501 501 17 18 $2,278 $270 $510 $2,788 $54 502 502 16 14 $2,144 $210 $480 $2,624 $50 503 503 16 14 $2,144 $210 $480 $2,624 $50

Unit Number Lot Number Contribution Interest Admin Fund Insurance Sinking Fund Annual Cost Weekly Cost Entitlements Entitlements Contribution Contribution Contribution excl Insurance excl Insurance 504 504 17 18 $2,278 $270 $510 $2,788 $54 505 505 18 19 $2,412 $285 $540 $2,952 $57 506 506 16 14 $2,144 $210 $480 $2,624 $50 507 507 16 14 $2,144 $210 $480 $2,624 $50 508 508 17 18 $2,278 $270 $510 $2,788 $54 601 601 17 18 $2,278 $270 $510 $2,788 $54 602 602 16 14 $2,144 $210 $480 $2,624 $50 603 603 16 14 $2,144 $210 $480 $2,624 $50 604 604 17 18 $2,278 $270 $510 $2,788 $54 605 605 18 19 $2,412 $285 $540 $2,952 $57 606 606 17 19 $2,278 $285 $510 $2,788 $54 607 607 17 19 $2,278 $285 $510 $2,788 $54 701 701 17 18 $2,278 $270 $510 $2,788 $54 702 702 16 14 $2,144 $210 $480 $2,624 $50 703 703 16 14 $2,144 $210 $480 $2,624 $50 704 704 17 18 $2,278 $270 $510 $2,788 $54 705 705 18 20 $2,412 $300 $540 $2,952 $57 706 706 17 19 $2,278 $285 $510 $2,788 $54 707 707 17 19 $2,278 $285 $510 $2,788 $54 801 801 17 18 $2,278 $270 $510 $2,788 $54 802 802 16 15 $2,144 $225 $480 $2,624 $50 803 803 16 15 $2,144 $225 $480 $2,624 $50 804 804 17 19 $2,278 $285 $510 $2,788 $54 805 805 18 20 $2,412 $300 $540 $2,952 $57 806 806 17 19 $2,278 $285 $510 $2,788 $54 807 807 17 19 $2,278 $285 $510 $2,788 $54 901 901 17 19 $2,278 $285 $510 $2,788 $54 902 902 16 15 $2,144 $225 $480 $2,624 $50 903 903 16 15 $2,144 $225 $480 $2,624 $50 904 904 17 19 $2,278 $285 $510 $2,788 $54 905 905 18 21 $2,412 $315 $540 $2,952 $57 906 906 17 20 $2,278 $300 $510 $2,788 $54 907 907 17 19 $2,278 $285 $510 $2,788 $54 Totals $1,002 $1,000 $134,268 $15,000 $30,060 $164,328

For a very comprehensive list and pictures of all finishes visit Club Limitless at www.limitless.com.au General Walls Paint finish to plasterboard Floors Mix of Godfrey Hirst carpet & Luce wide-plank timber laminate flooring Ceilings Paint finish Architraves Timber with paint finish Light fittings Selection of architectural strip lights, downlights & oysters Air-Conditioning Split system to lounge/dining area Kitchen Floor Wide-plank Luce Timber laminate flooring Joinery 20mm Reconstituted stone bench top & laminate to vertical surfaces Splash back Tiled splash back or 600mm where no cupboards Sink Double bowl stainless steel sink with Black Gooseneck sink mixer Appliances Delonghi cooktop, range hood, dishwasher & multifunction oven Bathroom & Ensuite Floor Tiled Walls Full Height tiling in shower areas, mirror above vanity unit and skirting tiles in rest of area to 200mm. Vanity Wall hung vanity basin and black bottle trap Basin Tapware Black basin mixer Shower Black showerhead on rail, with black chrome framed shower screen WC Dual flush porcelain toilet suite with soft close seat Fixtures Black Towel rail & toilet roll holder

Laundry Floor Tiled, 200mm high splash back to skirting Walls Tiled or plasterboard paint finish Laundry Tub 30L Stainless Steel Tapware Chrome sink mixer to Laundry Tub Clothes Dryer 3.5kg clothes dryer wall mounted Bedrooms Floor Skirtings Walls WIR/Built-in-Robe Courtyards / Balconies Floors Balustrade Godfrey Hirst Carpet on quality underlay Timber with low sheen acrylic paint to match walls Washable low sheen acrylic paint Shelf and hanging rail, Black framed mirrored sliding door and second door is black framed with white melamine insert Tiled Powder coated aluminium handrail with glass infill or block handrail Common Facilities Security Secure basement with automatic roller door to entrance Intercom Audio Intercom system to all apartments Disclaimer: Whilst every care has been taken in the completion of this document the developer reserves the right to change the actual specified product to another product of at least the same or superior quality without notice.