allure in corinda - domainimages.domain.com.au/img/pdf/20140620/23245/2011241749_21.pdf · corinda...

ALLURE IN CORINDA

The overview 3

The location 4

The development 5

The residences 6

Apartment types 7

Schedule of fi nishes 13

Depreciation estimates 15

Looking to the future 16

Developer 17

Map 19

Contact & disclaimer 20

CONTENTS

THE

699 OXLEY RD CORINDA | PAGE 3 | www.allurecorinda.com.au

• Designed by award-winning Brisbane architect, Hayes Anderson Lynch

• Boutique development of only 14 contemporary apartments

• Air conditioning to living and all bedrooms

• Secure entrance to premise

• Walking distance to local cafes, shopping and all town centre amenities

• A mere 275 metres to Corinda train station

• Units in Corinda have experienced an average annual growth rate of 7.79%

• Expected rental return for new, two-bedroom apartments in Corinda: $440 to $450 per week

• Expected rental return for new, three-bedroom apartments in Corinda: $520 to $530 per week

• Vacancy rate of 1.5% ensures continued demand

OVERVIEW

THE


Corinda has evolved from simply being located 8 km from the CBD to being located close to everything! Discerning buyers, however, seek more than just a great location. Cue Allure—an exquisite, luxury apartment experience unlike any other in the area, that we would like you to experience for yourself. Live the convenience, live the life, live the luxury. Live at Allure in Corinda.

Allure features proximity to local services and transport and is a short drive to a major shopping centre—the recently expanded Indooroopilly Shopping Town. It is also located close to the University of Queensland.

The development site is right in the heart of Corinda, a mere 275 m from the train station, 304 m to a Coles supermarket, Corinda Village Shopping Centre and a few doors down to local cafés, shops and central business district.

Allure presents an opportunity to buy into an established, family-oriented suburb in close proximity to the Brisbane CBD, while still being at an affordable price point.

LOCATION

THE


We have the neighbourhood, we have the amenities, we have the views and we have the transport. All that’s missing is you!

Brought to you by experienced developer PPS and designed by award-winning Brisbane architect Hayes Anderson Lynch, Allure is a fusion of the best offered in modern apartment living. Very strong design fundamentals combine with the latest in fi ttings and fi nish to give a truly unrivalled property.

This mid-rise boutique apartment development expresses contemporary architectural design. The complex consists of just 14 apartments comprising of twelve 2-bedrooms with 2-bathrooms and two 3-bedrooms with 2-bathrooms. It also features ground level car parking, with each apartment having a dedicated car park.

Externally, the modern lines and use of different cladding substrates give the apartments a sense of presence, ambience and architectural beauty.

DEVELOPMENT

THE


Lifestyle – If you seek the freedom and convenience of apartment living, without having to sacrifi ce style and comfort, this sophisticated boutique collection of mid-rise apartment homes at Allure in Corinda is the perfect fi t. Relax after a long day at work or invite friends and family over for a gourmet meal.

Accommodation – Embracing the essential elements of a home designed to fi t the dynamics of apartment living, the open plan, two bedroom designs with an abundance of natural light let you make the most of your living space, whatever your activity. Contemporary features and energy effi cient design create a natural, elegant feel. To accommodate your unique style choose between two designer colour schemes. When luxury is about quality of life, Allure in Corinda is an easy decision.

Features – A great kitchen brings out the best in your inner chef. A social hub, a place to raise a glass and enjoy a meal with friends and family. Experience luxury in the comfort of your stylish bathroom—stone bench tops in two designer colour schemes, contemporary large format tiles and chic stone fi nishes create an atmosphere of natural beauty and spa sophistication. Exquisite fi xtures and fi ttings make your bathroom a space to be envied and a space of your own. The fi nishing touches to each apartment include all the little features designed to make a big impact.

RESIDENCES

THE


STYLE

95 sqm

APARTMENTS

A

Open plan living and luxurious bathrooms. A spacious balcony provides all the ingredients for a fantastic outdoor gathering, with ample seating space and a family-friendly BBQ area.

Levels: 1, 2, 3 | Units: 101, 201, 301

2 2 1

Unit 101 | Internal : 76 sqm | External: 19 sqm | Total: 95 sqm

Unit 201, 301 | Internal : 74 sqm | External: 11 sqm | Total: 85 sqm

THE


STYLE

B

APARTMENTS

90 sqm

A cleverly designed layout makes the most of your living space. Entertain with fl air in a kitchen that would be every chef’s dream.

Levels: 1, 2, 3 | Units: 102, 202, 302

2 2 1


Unit 202 , 302 | Internal : 76 sqm | External: 11 sqm | Total: 87 sqm

THE


APARTMENTS

STYLE

C93

sqm

Enjoy apartment living with this thoughtfully designed, contemporary apartment, designed to maximise both privacy and aspect. It’s the best of urban apartment living in one very stylish package.

Levels: 1, 2, 3 | Units: 103, 203, 303

2 2 1

Unit 103, 203, 303 | Internal : 81 sqm | External: 12 sqm | Total: 93 sqm

THE


APARTMENTS

STYLE

D82

sqm

Enjoy apartment living with this thoughtfully designed, contemporary apartment, designed to maximise both privacy and aspect. It’s the best of urban apartment living in one very stylish package.

Levels: 1, 2, 3 | Units: 104, 204, 304

2 2 1

Unit 104, 204, 304 | Internal : 70 sqm | External: 12 sqm | Total: 82 sqm

THE


APARTMENTS

STYLE

E145 sqm

Offering a useable and intelligent layout with high ceilings, this fl oor plan boasts 3 bedrooms, 2 bathrooms and quality kitchen. The open plan living area fl ows seamlessly out to the covered, glass balustrade balcony capturing the impressive forever views of the surrounds. The balcony is accessible from the living area, master and third bedroom and is designed for all weather use.

Level: 4 | Unit: 402

3 2 1



THE

APARTMENTS

Ground floor:

• 14 car parks (resident)• 4 car parks (visitor)• letter boxes• lift access

• toilet• communal area• garbage bins.

GROUND

FLOOR


General

All interior painting including walls/ceilings/coving/doors/ architraves etc

Electric cooktop and oven

Gas hot water

Minimum Six star energy rating

Tiling to living, dining, kitchen, toilet and laundry fl oors

Carpet with underlay to upstairs bedrooms and hallway

Window treatments (blinds) throughout

Oyster light fi ttings to all living areas and bedrooms

Split system air conditioning unit to living room and all bedrooms

Kitchen

Custom joinery with built-in microwave space and pantry

Quality stone bench tops

Stainless steel appliances, including:

- oven

- electric cooktop

- rangehood

- dishwasher

Stainless steel 1.5 bowl sink with side drainer

Designer fl ick mixer with swivel base tapware

Kitchen splashbacks tiled to the overhead cupboards

Designer pendant feature lighting

Bedrooms

Built-in wardrobe (sliding doors)

Carpet with underlay

Ceiling fan

SCHEDULE OF FINISHES


Bathrooms and Laundry

Quality chrome designer tapware including mixers

Chrome aluminium shower screens with clear glass

Tiling to all wet fl oor areas with wall tiles to ceiling in shower

Bath in main bathroom

Chrome towel rails and toilet roll holders

Frameless mirrors with polished edges

White ceramic toilet suites

External

Rendered downstairs concrete, upstairs hardiplank

External light points x 2 (or one to each door)

Colourbond roof

Powder coated gutter and facia

Aluminium powder coated windows with latch locks

Driveway as per plan to street kerb

Private open patios as per plan

SCHEDULE OF FINISHES (continued)

Estimate of depreciation claimableTypical 2 bedroom apartment | Purchase price $460,000

MAXIMUM

YEAR PLANT & EQUIPMENT DIVISION 43 TOTAL

1 6,509 6,067 12,576

2 5,391 6,067 11,458

3 3,840 6,067 9,907

4 2,992 6,067 9,059

5 2,177 6,067 8,244

6 1,992 6,067 8,059

7 1,576 6,067 7,643

8 1,098 6,067 7,165

9 790 6,067 6,857

10 595 6,067 6,662

11+ 4,666 181,974 186,640

TOTAL $31,626 $242,644 $274,270

MINIMUM

YEAR PLANT & EQUIPMENT DIVISION 43 TOTAL

1 5,325 4,964 10,289

2 4,411 4,964 9,375

3 3,142 4,964 8,106

4 2,448 4,964 7,412

5 1,781 4,964 6,745

6 1,630 4,964 6,594

7 1,290 4,964 6,254

8 898 4,964 5,862

9 646 4,964 5,610

10 487 4,964 5,451

11+ 3,818 148,888 152,706

TOTAL $25,876 $198,528 $224,404


DEPRECIATION ESTIMATES

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 Division 43 write-off allowance is calculated using 2.5% of 4%, 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.

Depreciation tax estimate kindly supplied by BMT Quantity Surveyors.


Allure is well placed to be at the forefront of Corinda’s demographic and cultural renaissance. The emergence of Allure as a sophisticated boutique residence epitomises the gradual transformation of Corinda into a new age, contemporary suburb.

Brisbane is Australia’s third largest capital city with a current population of over 2.2 million people. It continues to be amongst the fastest growing capital cities in the country and its population is forecast to grow to at least 3 million by 2031. In recent times, Brisbane has emerged as having the strongest growth of all capital cities and this is predicted to continue.

Brisbane’s southwest corridor is also growing. In the 2011 Australian Census, Corinda recorded a population growth at an average of 5% over 5 years. This makes for very positive news for property investors as high growth translates into high demand for new properties.

With close proximity to public transport, cafés and local specialty shops, Allure has all the ingredients for strong investment returns—all within a short commute to the Brisbane CBD.

LOOKING TO THE FUTURE

THE


DEVELOPER

Positive Property Strategies (PPS), headed by Bob Andersen, has been operating in South East Queensland and Brisbane for over 30 years.

During the global fi nancial crisis they were one of the few developers able to continue bringing inventory to the market, displaying their ability to innovate and their core commitment to delivering, despite challenges.

Bob has over 30 years of property development experience. Prior to forming PPS Bob held both state and national management positions with major development companies.

Throughout this time Bob has developed high-rise buildings, commercial buildings, retirement complexes, land subdivisions, townhouses and units.

PPS has a team of highly professional and committed development managers who pride themselves on the delivery of exceptional residential development projects.

Over the last four years PPS have successfully completed the following projects in Brisbane:

• 15 apartments, Auchenfl ower

• 10 townhouses, Northgate

• 6 townhouses, Taringa

• 17 townhouses, Salisbury

• 5 townhouses, Coorparoo

• 7 townhouses, Mt Gravatt.


RECENT

DEVELOPMENTS BY PPS

Montrose Road, Taringa6 x 4 bedroom, split level townhouses

Mann Avenue, Northgate10 x 3 bedroom, split level townhouses

Ridley St, Auchenfl ower15 x 2 bedroom apartments, with city views

Rutland Street, Coorparoo5 x 2 & 3 bedroom, townhouses

Debra Street, Salisbury17 x 4 bedroom townhouses with pool

Gosford St, Mt Gravatt7 x 3 bedroom townhouses

THE


MAP

aarindadaAllA ure in Corin C iure inllAlluAllure in Corinda

Oxl

ey R

d

Lynne Grove Ave

Oxl

ey R

d

Hassall St

Gray Ave

Clar

a St

Nelson St

Donaldson St

Clewley St

Consort St

Balderstone St

Spencer St

Hilda St

Martindale St

275 m to Corinda train station

100 m to bus stop

304 m to a Coles supermarket

short stroll to local cafes and shops

1.2 km to Corinda State School

350 m to St Joseph’s Catholic Primary School

700 m to St Aiden’s Anglican Girls School

950 m to Corinda State High School

9 km University of Queensland

Disclaimer: Positive Property Strategies (‘PPS’) and its related businesses and selling agents make no representation and give no warranties as to the accuracy of the preceding information and does not accept any responsibility for any errors or inaccuracies in or omissions from the information contained therein (whether negligent or otherwise) and PPS shall not be liable for any loss or damage whatsoever arising as a result of any person acting or refraining from acting in reliance on any information contained therein. No reader should rely solely on the information contained in this report as it does not purport to be comprehensive or to render specifi c advice.

Any prospective investor should consider their personal circumstances when assessing the suitability of investment property. Prospective investors should make independent enquiries to confi rm relevant details as well as consult their professional advisers.

This disclaimer does not purport to exclude any warranties implied by law which may not be lawfully excluded.

Warning: the advice contained in this report is general advice and its preparation has not taken into account any person's circumstances, objectives, fi nancial situation or needs.An intending purchaser should assess the suitability of any investment or development in property in light of their own needs and circumstances which they can do themselves or by consulting an appropriately licensed fi nancial adviser and/or taxation special.

Martin HoodGracevillem 0411 220 736e [email protected] belleproperty.com

David CotterillCarinam 0433 230 680e [email protected] belleproperty.com

allure in corinda - domainimages.domain.com.au/img/pdf/20140620/23245/2011241749_21.pdf · corinda...

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