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42 Nelson St, Corinda, QLD
42 Nelson Street
Corinda
Call Dean McClare - 0411 514 287 [email protected]
About the Property
42 Nelson Street, Corinda, QLD
Page 2
This development will consist of
four brand new, tri level
townhouses, each with two
bedrooms and two and a half
bathrooms as well as well as four
fully renovated two bedroom
apartments.
These stylish properties will be
finished in neutral, modern tones
and will all include allocated
under cover parking. The
townhouses and ground floor
apartments will feature private,
exclusive use, professionally
landscaped courtyard gardens -
perfect for outdoor entertaining.
42 Nelson St, Corinda
Your Style Homes
About the Location
‘42 Nelson’ can be found in the premier suburb of Corinda, located approximately 11km south west
of Brisbane City. Corinda’s train line is only minutes away and not only provides direct access to
Brisbane’s CBD but also to many popular entertainment and educational venues along the way
including the expansive Indooroopilly Shopping Centre and the University of Queensland. For the
golfing enthusiast, the Corinda Public Golf Course, Driving Range and the renowned Indooroopilly
Golf Club are all conveniently located.
The area boasts majestic Queenslander homes set in lush, mature gardens and a two minute stroll
from your door is the quaint Corinda shopping precinct that includes restaurants, pub, club, post
office, supermarkets, newsagents, doctors, lawyers, pharmacies, hairdressers, hardware and more.
42 Nelson Street, Corinda, QLD
Page 3
About us
Your Style Homes
TYPE FLOOR AREA OUTDOOR AREA BEDROOMS PRICE
(m2 incl. Garage) (m2)
Garden Apt 1 85 89 2 SOLD
Garden Apt 2 75 37 2 SOLD
Terrace Apt 3 84 16 2 SOLD
Terrace Apt 4 79 12 2 SOLD
Townhouse 5 87 40 2 SOLD
Townhouse 6 101 35 2 SOLD
Townhouse 7 101 35 2 SOLD
Townhouse 8 102 40 2 SOLD
Current Prices
‘Your Style Homes’ is a boutique property renovation and development
company.
The owner operated company has a dedication to quality and a specific attention to
detail ensuring the end result is of a level rarely seen. With a focus on producing a
complete ‘turn key solution’ for the buyer where all properties are presented with window
furnishings, driveways and landscaping. This way they can confidently provide you the
peace of mind that once you move in you will have nothing to do but fully enjoy and
appreciate your new home.
Sale Opportunities
Your Style Homes
42 Nelson Street, Corinda, QLD
Site Plan
Page 4
A boutique selection of 4 brand new, two bedroom, tri level townhouses and 4 single level, 2
bedroom apartments. Thoughtful planning creates a living environment that emphasises
space and light. Private, fully landscaped outdoor entertaining courtyards and terraces
complete the picture..
Illustrative sketches only
Sold
So
ld
Sold
Sold
Sold
2 Bedrooms Split system heating & cooling
1 Bathroom Entertainment size, fully landscaped garden
Window furnishings included Spacious living area
85 m2 Floor area (incl. garage) Kitchen with stone bench top & laminex cabinetry
89 m2 Outdoor area Stainless steel appliances
Carport Private street entry
Your Style Homes
42 Nelson Street, Corinda, QLD
Off the Plan Sales Opportunities
Page 5
Garden Apartment 1
Illustrative sketches only
Sold
Your Style Homes
42 Nelson Street, Corinda, QLD
Off the Plan Sales Opportunities
Page 6
2 Bedrooms Split system heating & cooling
1 Bathroom Entertainment size, fully landscaped garden
Window furnishings included Spacious living area
75 m2 Floor area (incl. garage) Kitchen with stone bench top & laminex cabinetry
37 m2 Outdoor area Stainless steel appliances
Carport Private street entry
Garden Apartment 2
Illustrative sketches only
SOLD
Your Style Homes
42 Nelson Street, Corinda, QLD
Off the Plan Sales Opportunities
Page 7
2 Bedrooms Split system heating & cooling
1 Bathroom with bath Entertainment size, alfresco terrace
Window furnishings included Spacious living area
84 m2 Floor area (incl. garage) Kitchen with stone bench top & laminex cabinetry
16 m2 Terrace area Stainless steel appliances
Carport
Terrace Apartment 3
Illustrative sketches only
Sold
Your Style Homes
42 Nelson Street, Corinda, QLD
Off the Plan Sales Opportunities
Page 8
2 Bedrooms Split system heating & cooling
1 Bathroom with bath Entertainment size, alfresco terrace
Window furnishings included Spacious living area
79 m2 Floor area (incl. garage) Kitchen with stone bench top & laminex cabinetry
12 m2 Terrace area Stainless steel appliances
Carport
Terrace Apartment 4
Illustrative sketches only
Sold
Your Style Homes
42 Nelson Street, Corinda, QLD
Off the Plan Sales Opportunities
Page 9
Townhouse 5
2 Bedrooms Caesar stone benches in kitchen
2.5 Bathroom Entertainment size, alfresco terrace
Remote access garage Majority of window furnishings included
Split system heating & cooling Exposed hardwood stair treads
Kitchen featuring stainless steel appliances. Open plan living area
40 m2 Terrace area Rear landscaped private garden
87 m2 Floor area (incl. garage)
Illustrative sketches only
Sold
Your Style Homes
42 Nelson Street, Corinda, QLD
Off the Plan Sales Opportunities
Page 10
Townhouse 6
2 Bedrooms Caesar stone benches in kitchen
2.5 Bathroom - main with bath Entertainment size, alfresco terrace
Remote access garage Majority of window furnishings included
Split system heating & cooling Exposed hardwood stair treads
Kitchen featuring stainless steel appliances. Open plan living area
35 m2 Terrace area Rear landscaped private garden
101 m2 Floor area (incl. garage)
Illustrative sketches only
Sold
Your Style Homes
42 Nelson Street, Corinda, QLD
Off the Plan Sales Opportunities
Page 11
Townhouse 7
2 Bedrooms Caesar stone benches in kitchen
2.5 Bathroom - main with bath Entertainment size, alfresco terrace
Remote access garage Majority of window furnishings included
Split system heating & cooling Exposed hardwood stair treads
Kitchen featuring stainless steel appliances. Open plan living area
35 m2 Terrace area Rear landscaped private garden
101 m2 Floor area (incl. garage)
Illustrative sketches only
SOLD
Your Style Homes
42 Nelson Street, Corinda, QLD
Off the Plan Sales Opportunities
Page 12
Townhouse 8
2 Bedrooms Caesar stone benches in kitchen
2.5 Bathroom - main with bath Entertainment size, alfresco terrace
Remote access garage Majority of window furnishings included
Split system heating & cooling Exposed hardwood stair treads
Kitchen featuring stainless steel appliances. Open plan living area
40 m2 Terrace area Rear landscaped private garden
102 m2 Floor area (incl. garage)
Illustrative sketches only
SOLD
Your Style Homes
42 Nelson Street, Corinda, QLD
Page 13
Inclusions List
External Detailing
Townhouses
Aluminium windows
Colorbond roofing
Solid timber entry door
Feature louver windows
Electric panel lift garage door
Concrete driveways
Landscaped gardens
Fully fenced
Fold down clothes line
Townhouses
Split system heating & cooling
Caesar stone benches in kitchen
Gloss kitchen cabinets
600mm Stainless steel appliances
Stainless steel dishwasher
Chrome tap ware
Roller blinds on majority of windows
3 Coat paint system throughout
Hardwired smoke detectors
Safety switch
Service Connections Available
Electricity
Water
Telephone (lead in cable line)
Sewer
Your Style Homes
42 Nelson Street, Corinda, QLD
Page 14
About the Location
12
1 2 3
4 5
6
7 8
9
10
11
1. Sherwood Forest park
2. Corinda shopping strip incl. restaurants, hairdressers, newsagents, hardware, clubs, pubs & more
3. Oxley Road heading north to Indooroopilly and Brisbane
4. Coles supermarket
5. St Joseph Catholic primary school
6. Recreational areas including picnic areas, canoe trail and walking track
7. Brisbane river
8. Montrose special school
9. Corinda train station
10. Oxley road heading south to Ipswich motorway
11. Italian restaurant, medical centre and specialist centre
12. 42 Nelson street
Your Style Homes
42 Nelson Street, Corinda, QLD
Page 15
Greater Brisbane Area
42 Nelson St, Corinda
Travel Times & Distances by Car
Brisbane CBD 11 km Approx. 20 min
Westfield Indooroopilly 6 km Approx. 10 min
Surfers Paradise 87 km Approx. 1hr & 5min
Brisbane Golf Club, Yeerongpilly 5 km Approx. 9 min
Brisbane Airport 28 km Approx. 35 min
University of Qld, St Lucia 9 km Approx. 18 min
Your Style Homes
42 Nelson Street, Corinda, QLD
Page 16
Body Corporate - Overview
Your property is part of a Body Corporate because it has common property. The
common property is everything that does not form part of a lot and is owned by the
Body Corporate.
Matthews Body Corporate Management
are the Managers for ’Kerwick on Nelson’ Community Title Scheme.
Their office is situated centrally at 678 Ipswich Road Annerley.
For more information please call Dan Dreger at Matthews on (07) 3848 0655
Matthew’s have been specialists in Body Corporate since the early 1970’s, however
their Real Estate experience extends back to 1933 and they are members of both the
REIQ and the CTIQ.
The Body Corporate fees for the apartments (1—4) will be approximately $346 per
quarter.
The Body Corporate fees for the townhouses (5—8) will be approximately $423 per
quarter.
THE BODY CORPORATE MANAGER IS RESPONSIBLE FOR:
Running the building smoothly and mediating disputes between property owners
Providing information about the strata insurance policy and what it covers
Co-ordination repairs and maintenance of common property upon instruction of
the Body Corporate.
Calling Committee and general meetings & providing minutes
Sending out levy notices and by-law contravention notices
Financial Management of the body corporate funds
THE BODY CORPORATE:
Has a general responsibility to maintain, manage and control the common prop-
erty for the benefit of owners.
Determines the contributions payable by owners to fund the operation of the
body corporate (establish annual budget)
Establish bi-laws relating to management and control of common property (e.g.
car parking, bin storage, etc.)
Your Style Homes
42 Nelson Street, Corinda, QLD
Page 17
Body Corporate - Overview
BUDGET
COMMUNITY TITLE SCHEME
‘KERWICK ON NELSON’
NELSON STREET, CORINDA, QLD, 4075
FOR THE INITIAL 12 MONTH PERIOD 2012/2013
SCHEDULE OF ENTITLEMENTS
Lot on Plan Lot Entitlement Interest Entitlement Amount per
Quarter
Lot 1 on SP
Lot 2 on SP
Lot 3 on SP
Lot 4 on SP
Lot 5 on SP
Lot 6 on SP
Lot 7 on SP
Lot 8 on SP
10
10
10
10
12
12
12
12
11
11
11
11
14
14
14
14
$346
$346
$346
$346
$423
$423
$423
$423
Please Note:
The above fees are indicative only & subject to change during or on completion of the development
42 Nelson Street, Corinda, QLD
Page 18
QLD Transfer Duty - First Home Buyer Concession
Your Style Homes
You can claim a first home concession on Stamp Duty Payable if you:
have never held an interest in residential land anywhere in the world
have never claimed the first home vacant land concession
are buying a home to live in as your principal place of residence
are at least 18 years of age (may waive this requirement in special circumstances)
Your Obligations:
You must occupy the home as your first principal place of residence within 1 year of the
transfer or acquisition date.
You must not dispose of part or all of the property before moving in or within 1 year of the
date you move in.
Details as current - Oct 2012 . Courtesy QLD Government Office of State Revenue
http://www.osr.qld.gov.au/calculators/transfer-duty-grants-calculator.shtml
Table of Current Stamp Duty Applicable
Purchase Price
Stamp Duty
Investor
Stamp Duty
Owner Occupier
Stamp Duty
First Home Owner
Occupier
$370,000 $11,375 $4,200 $0
$380,000 $11,725 $4,550 $0
$390,000 $12,075 $4,900 $0
$400,000 $12,425 $5,250 $0
$410,000 $12,775 $5,600 $0
$420,000 $13,125 $5,950 $0
$430,000 $13,475 $6,300 $0
$440,000 $13,825 $6,650 $0
$450,000 $14,175 $7,000 $0
$460,000 $14,525 $7,350 $0
$470,000 $14,875 $7,700 $0
$480,000 $15,225 $8,050 $0
$490,000 $15,575 $8,400 $0
$500,000 $15,925 $8,750 $0
$510,000 $16,275 $9,100 $2,100
$520,000 $16,625 $9,450 $4,200
Disclaimer: The above table is indicative only and current Property Transfer Rates and Concessions are subject to
change. Additional fees may also be applicable. All duties & fees should be obtained and confirmed by your Financial
Institution and/or Property Lawyer/Conveyancer.
42 Nelson Street, Corinda, QLD
Page 19
QLD Government - Great Start Grant
Your Style Homes
Great Start Grant
The GSG of $15,000 is available for:
contracts to buy a new home (including off the plan).
contracts to build a new home.
new homes being built by an owner-builder.
A new home is a home that:
has not been previously occupied as a place of residence
as not been previously sold as a place of residence
is a substantially renovated home (in certain circumstances)
Eligibility requirements for the GSG
you are:
at least 18 years of age
not a company or a person acting as a trustee
an Australian citizen or a permanent resident (or a joint applicant with someone who
is an Australian citizen or permanent resident)
buying or building a home worth less than $750,000.
you & your spouse have:
never been paid the first home owners grant
before 1 July 2000, not owned a residential property in Australia
from 1 July 2000, not lived in a residential property (in Australia) you have owned.
You will:
Move into the home after one year of the property being registered in your name.
Live in the home for 6 months continuously as your principal place of residence.
To find out more information on the grant and to establish your eligibility click on this
QLD Government - Office of State Revenue link (detailed below)
http://www.osr.qld.gov.au/first-home-owner-grant/eligibility-fhog/index.shtml
42 Nelson Street, Corinda, QLD
Page 20
Investment Information - Rent Appraisal
Your Style Homes
May 1, 2013
Townhouse 7 - $440 - $460 per week It is important to note that the above rental estimates are solely for the purpose of this marketing document and should be treated as a constructive guide. Please don’t hesitate to contact me should you require any further information. Yours sincerely, Dean McClare Your Style Homes PO Box 677, Annerley. QLD. 4103 t: 1300 368 658 m: 0411 514 287 e: [email protected] www.ysh.com.au DISCLAMER: This opinion of market value has been prepared solely for the information of the client and not for any third party. Although every care has been taken in arriving at the figure, we stress it is an opinion only and is not to be taken as a sworn valuation.
42 Nelson Street, Corinda, QLD
Page 22
CASH FLOW AND DEPRECIATION SUMMARY
42 Nelson Street, Corinda
Assumptions
Property
Description
Renovated or New
Purchase Price
Rent Per Week
Yield
5 Year - Annual Growth (API)
10 Year - Annual Growth (API)
Interest Rate
Amount Borrowed
Depreciable items
Depreciation Rate
Building Depreciation
Tax Rate
Financials (Annual)
Rental Income
Less Expenses
Management Fees (8% of rental)
Body Corporate (incl. building Insurance)
Council Rates
Water Rates
Interest
Repairs & Maintenance
Total Expense
Taxable Profit/Loss (Cash Shortfall)
Tax Return
Taxable Loss
Depreciable items
Building Depreciation
Net “Loss” for Taxation
Tax Refund
Cash Flow
Taxable Profit/Loss (Cash Shortfall)
Tax Refund
Annual Cash Flow/Shortfall
Weekly Cash Flow/Shortfall
Annual Growth
Based on last 5 years
Based on last 10 years
Please note above figures are indicative only.
Townhouse 7
2 Bedroom
2 bed + 2 bath
New
$489,950
$450
4.8%
8.6%
8.0%
5.0%
80%
$7,198
13%
$7,771
30.0%
$23,400
$1,872
$1,693
$1,320
$742
$19,598
$0
$25,225
-$1,825
-$1,825
-$936
-$7,771
-$10,532
$3,160
-$1,825
$3,160
$1,335
$26
$42,136
$39,196
Your Style Homes
Depreciation Schedule
42 Nelson Street, Corinda, QLD
Page 23
Property Information Pack
Your Style Homes
Settlement Process
Upon confirmation of your settlement by your property lawyers or conveyances, you will receive a
Settlement Pack either from Your Style Homes or the Sales Agency containing:
- All keys and remote controls for your new property
- All manuals and warranties for any new appliances (if applicable) in your property
- Certificates including electrical and plumbing compliance (if applicable)
- Colour scheme information including paint, tiles, carpets, etc
- A testimonial and feedback form
- A $2,500 discount voucher for your next property purchase directly from Your Style Homes
42 Nelson Street, Corinda, QLD
No representation or warranties are made (express or implied) as to the accuracy, currency,
completeness, suitability or otherwise of the information contained in this document. Figures,
calculations and other information are estimates only, prepared based on the stated assumptions,
and have not been audited or independently verified. Actual amounts may differ from the
budgeted amounts and the differences. Users should satisfy themselves in all aspects of information.
The opinions, estimates and information given herein or otherwise in relation hereto are made by
Your Style Homes Pty Ltd and affiliated companies in their best judgement, in good faith and as far as
possible based on data or sources which are believed to be reliable.
The material contained herein is not intended as a substitute for obtaining individual advice from
Your Style Homes Pty Ltd or another advisor able to provide the services of a qualified professional
person. Your Style Homes Pty Ltd, its officers, employees and agents expressly disclaim any liability
and responsibility to any person whether a reader of this publication or not in respect of anything and
of the consequences of anything done or omitted to be done by any such person in reliance
whether wholly or partially upon the whole or any part of the contents of this publication.
The artist perspectives and photographs used within this document may be indicative and may vary
from the completed building in regards to colours, designs etc.
COPYRIGHT: Your Style Homes Pty Ltd. All rights reserved. No part of this work may be reproduced or
copied in any form or by any means (graphic, electronic or mechanical, including photocopying,
recording, recording taping, or information retrieval systems) without the written permission of Your
Style Homes Pty Ltd.
Page 24
Your Style Homes
Disclaimer
Call Dean McClare - 0411 514 287 [email protected]