Issue 01Newsletter March 2012

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Newsletter

eden Builder appointedL.U. Simon wins contract

acacia PlaceOutdoor adventure hire

harvey Norman special offerYour access to trade prices

market update2011 & 2012

In Profile Tract Consultants

world’s most liveable city Melbourne takes the title

malvern hill construction is well underway

We hope you have had a great

start to 2012.

The start to our selling year has

been very strong with over $24

million in sales in the last three

weeks of February at Haven and

Malvern Hill. This includes 10

apartments at Haven priced over

$900k including two penthouse

suites priced between $1.9m

and $2.3m. Malvern Hill has been

selling steadily with recent sales

achieving an average price of $771k.

This proves quality product and

outstanding lifestyle amenity

always have a place in the market.

With plenty of new homes being built

for our clients and around 200 more

to sell this year, we look forward

to exciting and busy times ahead.

Multi-award winning builder, L.U. Simon has been appointed as the builder for Eden. Established in 1955, L.U. Simon has significant experience in constructing residential apartment projects and is committed to producing a

high quality product for our clients. Recent residential projects include The Garden House in Carlton, Zen Apartments in Melbourne and The Artist in Fitzroy. Visit L.U. Simon online at www.lusimon.com.au

Builder appointed on Eden

Construction update

March 2012Newsletter

Hamton staff members Matt Malseed, Peter Forsyth, James Copes and Bronwyn Sanchez all said ‘I do’ (not to each other) in the second half of 2011. We wish them all the happiness which marriage brings.

‘Found’ – Trendy café hidden away just off Chapel St Shop 10, 430 Chapel St, South Yarra

Rooftop Cinema – Movies under the stars in the heart of the CBD www.rooftopcinema.com.au

Torquay Surfing Academy – Great exercise in the sun www.torquaysurf.com.au

Cold Rock Ice Creameries – Fun & yum! www.coldrock.com.au

Places and things we like

Wedding bells were ringing in 2011 for Hamton

For detailed construction updates and photos please visit the news section of the Hamton website or follow us on Facebook.

Malvern Hill

Eden

Haven

Fifty Albert

Construction by Icon is ahead of schedule with settlement expected Nov/Dec 2012. The concrete structure is complete, plumbing rough has commenced, electrical rough is progressing well, carpark block work and lighting installation has commenced, apartment wall frame installation is progressing and the insulation to carpark slabs has commenced.

L.U. Simon has cleared the site and completed the basement retention and piling. One of two cranes has been installed. Excavation is around 50% complete. Completion is expected early 2014.

Construction of Haven is due to commence in the second half of this year, with completion expected mid-2014.

Construction is on track at Fifty Albert, and is expected to be completed mid-2013. The slab and supporting columns are complete to level 3, liftcore and stairwell complete to level 6, substation construction is 90% complete and lighting installation to basement has commenced. Over the next month Hickory will complete the carpark levels structure, commence the residential levels and progress with electrical, plumbing and essential services installation.

Andy Dinan (MARS Gallery Director and Hamton’s Art Curator on the Lifestyle Team) has helped us appoint three artists whose work will feature at the entrance of Fifty Albert in South Melbourne. We are pleased to announce that James Hullick’s sound seat will be located at Fifty Albert’s entrance, Jeremy Kibel’s bird drawings will greet you as

you enter Fifty Albert and Emma Davies’ cherry blossom chandelier will hang in the lobby. Their artwork will provide a lifetime of inspiration for the residents and wider community. We are currently in the process of appointing artists for Eden and Haven also. For further information please visit the news section of the Hamton website. www.hamton.com.au/news

Fifty Albert artists have been appointed

Fifty Albert lobby entrance, produce store & cafe

Building on from the residents’ bike hire at Society South Yarra, it is proposed that Eden and Haven will include an outdoor adventure hire store located on Acacia Place, the new public walkway between Eden and Haven connecting Victoria St and the Yarra River.

The outdoor adventure hire store will provide residents with everything they need from mountain bikes to kayaks and roller-skates. What better way to enhance the fun along the river and the walking and bike tracks found on the doorstep of Eden and Haven? Visit Haven online to find out what else will be at Acacia Place. www.havenontheriver.com.au

Outdoor adventure hire at Acacia Place

We have formed a strong relationship with the Harvey Norman Commercial Project Division who provide end to end appliance solutions for all of our developments. This includes providing Miele appliances as part of the standard offering at all of our current projects. Miele represents the pinnacle of German engineering and quality and are renowned for their performance and longevity. Our relationship with Harvey Norman Commercial Project Division, who has the industry’s strongest buying power with

Australia’s largest range of appliances, allows us to receive the best deals and service which we can pass straight onto you.

2011 overview2011 has been declared by experts a tough year in property due to a flat market, increasing volatility in the world economy and low auction clearance rates. Quality properties in Melbourne held their own, and Hamton sold 300 apartments throughout 2011. Properties within two to 10 kilometres of the Melbourne CBD with high quality designs and unique features still capture buyers interest. With two interest rate cuts at the end of the year, consumer confidence increased. Bayside, Eastern and South Eastern suburbs performed very well throughout 2011, and are expected to do so throughout 2012.

2012 projectionAccording to Buyer’s advocate Peter Rogozik in the Sydney Morning Herald, 2012 presents investors with a final opportunity to enter the market before a substantial price increase within a short time, as experienced in 2009. With rental yields continuing to grow, and further interest rate cuts predicted, the attractiveness of purchasing a property, either to get out of the rental market or as an investment, is on the rise. When the cost of repayments start to align more closely with rent payments, current tenants are likely to look at making the leap into home ownership. The Australian mining boom, coupled with renewed buyer confidence will assist the continued prospect of strong economic growth in Australia. Median house prices are forecast to rise by three to five percent during 2012 [Source: Property Observer, Dec 2011]. We look forward to the year ahead, and seek to continue the momentum and success from 2011.

Harvey Norman offer

Market update

www.hamtoN.com.au

Acacia Place between Haven (left) and Eden (right)

As a valued Hamton client you have access to Harvey Norman Commercial Project Division discounted trade prices. For details and a quote please contact Scott King on 03 8530 6300 or emailScott.King@au.harveynorman.comwww.harveynormancommercial.com.au

Fifty Albert

Property Experts’ word on 2012

•Nobigpriceincreases

•Rentalsituationtoimprove

•Goodtimetoinvest

• Targetareaswith precinct plans

•Apartmentsagoodbuy

[Source: The Age, Domain, 14 January 2012]

Newsletter March 2012

Tract Consultants, an acclaimed design practice with international and national awards, are involved in the landscape design and master planning of all our current and many past projects. Tract emerged in the early 1970s as Australia’s first national consultancy firm to integrate landscape architecture, urban design and planning. With a presence in five of Australia’s capital cities, Tract brings a depth of creative and innovative landscape design and planning experience to a broad range of projects throughout our cities and suburban areas.

Malvern Hill is one of our projects where Tract has had a strong involvement. They conceptualized the landscape design of the Malvern Hill street interface, landscaped courtyards, and a boulevard style pedestrian walk. The final release Park Residences at Malvern Hill look onto the beautiful landscaped walkway.

A limited number of luxury apartments are available for sale from $735,000. Visit www.malvernhill.net.au for details. Learn more about Tract online at www.tract.net.au

In profile - Tract Consultants

1. South Yarra (two years running)

2. East Melbourne

3. Armadale

4. Hawthorn East

5. Toorak

6. Clifton Hill

7. Parkville

8. Ormond

9. Fairfield

10. Hampton

[Source: Melbourne Magazine, 1 December 2011]

Haven on the River North facing and absolute riverfront apartments and terrace homes. 1, 2, 3 & 4 bed from $365K - $3.9M. www.havenontheriver.com.au Ph: 03 9421 2113

Malvern Hill Blue-chip Park Residences in Malvern. 2 bed from $735K - $885K. www.malvernhill.net.au Ph: 0416 137 359

Fifty Albert Luxury South Melbourne apartments. 2 bed from $580K. www.fiftyalbert.com.au Ph: 1300 HAMTON (426 866)

Top 10 most liveable Melbourne suburbs:

Apartments for sale

Contact UsHamton Office: 03 9522 8444

Sales Enquiries: sales@hamton.com.au or call 1300 HAMTON (426 866)

Rental Enquiries: rent@hamton.com.au or call 03 9915 8288

Melbourne has long been known to Melburnians as the world’s most liveable city, and in 2011 we officially took this title for the second time in 10 years. According to the Global Liveability August 2011 Survey, Melbourne is ranked the best place to live in the world. A recent article in The Melbourne Magazine delved

deeper into this title, and conducted research into which suburbs within Melbourne are in fact the most liveable. See the top 10 most liveable suburbs in the top right section of this page. View the full article on the news section of the Hamton website. www.hamton.com.au/news

Melbourne, the world’s most liveable city

www.hamtoN.com.au

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Hamton Property Group

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Hamton Property Group

Malvern Hill Garden Residences

TestimonialsMalvern Hill“Malvern Hill is an excellent fit for my wife and I. We love the interior design and layout of our apartment. The light colour scheme will complement our dark coloured furniture perfectly. We are looking forward to moving into Malvern. We looked at the CBD, Docklands and Port Melbourne... Malvern beats them all.”

Nad Tulalamba – 2 bed 2 bath

Haven on the River“When I visited the display suite on the banks of the Yarra River I knew I had found something special that does not come along very often. I was impressed by the quality finishes, the outdoor pool, rooftop deck and being so close to the Bridge Rd shops and Victoria St restaurants. It has everything at my front door.”

Raymond Doody – 2 bed 2 bath

Malvern Hill 2 bed apartment

Haven Rooftop