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Kariong Development Concept by D FIVE Trees SHOPPING | RECREATION | ESSENTIAL SERVICES “the catalyst for the growth of commerce and employment within Mt Penang Parklands and the Central Coast”

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Page 1: kariong stage 2

Kariong

Development Concept by

DFIVE

TreesSHOPPING | RECREATION | ESSENTIAL SERVICES

A concept presented by

DFIVE

Kariong Trees

Kariong                     Trees

SHOPPING | RECREATION | ESSENTIAL SERVICES

A concept presented by

DFIVE

“the catalyst for the growth of commerce and employmentwithin Mt Penang Parklands and theCentral Coast”

Page 2: kariong stage 2

In co-operation with the central coast regional development corporation (CCRDC) Five D Pty Ltd offers its development concept for A site of state significance.

the “Kariong Trees” devel-opment shall be designed to provide a sustainable, mixed use, retail based, outdoor neighbourhood centre to match the objectives set out in the requests for propo-sals dated 17th December 2010.

The Five d project theme is to preserve as many of the existing trees as possible and to plant additional trees, where suitable, hence the name ’Kariong Trees’.

Employment.

Our proposed project team(schedule 4) comprises locally based professional & design experts with whom we have discussed this pro-ject as such Employment opportunities shall be avai-lable for professional, skilled and unskilled popu-lace from within the central coast. In all of its projects, Five D Pty Ltd has sought to employ suitably qualified local busi-nesses and individuals from within disciplines and profes-sions from initial site study and design through to com-pletion of constructionand beyond.

by nature of the uses, The retail and commercial occu-pants would widely want to rely on the local community for permanent and part time employees for a broad range of tasks.

Accelerate investment and generate economic activity.

Given the prerequisites for the mixed development and the overall plan for the Mt. Penang Gardens, we have carefully crafted a range of potential uses which in all likelihood, over time and with-in the framework of a staged development, will act as the catalyst for carefully mana-ged estate development.

Project objectivesKariongTrees

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The current and future com-mercial and residential occu-pants of Mt Penant Parkland together with the residents of kariong/Mt Penang shall enjoy additional local recre-ation, medical, leisure, sport-ing, casual dining all within the confines of a lush, scenic & green estate.

By reduction in commuter shopping and commuter traf-fic let alone other energy consuming efforts, the con-venience of the facility will significantly diminish congestion to Gosford CBD and the overall carbon footprint.

‘Encourage Future site development in an energy efficient and environmen-tally responsible manner.’

‘Retain, conserve and reinforce the Sites heritage and environmental values.’

Features of the development concept include:

As a state significant site we have sought to provide a low impact, highly desirable, yet commercially achievable, sustainable development con-cept by way of a non air-cond-tioned Retail open mall.

We have maintained a low scale identity within the estate, thus minimising impact of civil

works (site disturbance),preservation of most of the existing trees, use of exist-ing internal road patterns, retention/recycle water, maintain open space, maintain landscape strips, use of so-lar, sustainable design and building technologies wher-ever possible, use of recycla-ble materials, use of natural tactile finishes and materials (local sandstones,timber & masonry).

Provide a financial return to ccrdc to fund its future activities. The five D Pty Ltd RFP sets down an offer for a 99 year leasehold interest or preferably a freehold estate in fee simple.

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Mount PenangKariongTrees

STAGE 1

STAGE 2

Mount PenangKariongTrees

STAGE 1

STAGE 2

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I/We the undersigned confirm out interest in the development of part of Mount Penang Parklands Site. Our submission contains our development concept and the information required.

Name of Organisation: FIVE D Pty. Limited

ABN: 087477236

Organisation Registered Address: c/- 26 Gondola Road, North Narrabeen. 2101.

Address for the Service of Notices: PO Box 470, Grosvenor Place, Sydney 1220.

Desk: (02) 9251 2658

Email: [email protected]

Mobile: 0419 238 329

Name of Authorised Representative: Kirk R. May

Signed: _________________________________________________________________ Date: 15/ 03/ 2011

(Print Name): Kirk R. MayPosition/Title: Managing Director

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEIdentification of Proponent(Schedule 1)

I/We the undersigned confirm out interest in the development of part of Mount Penang Parklands Site. Our submission contains our development concept and the information required.

Name of Organisation: FIVE D Pty. Limited

ABN: 087477236

Organisation Registered Address: c/- 26 Gondola Road, North Narrabeen. 2101.

Address for the Service of Notices: PO Box 470, Grosvenor Place, Sydney 1220.

Desk: (02) 9251 2658

Email: [email protected]

Mobile: 0419 238 329

Name of Authorised Representative: Kirk R. May

Signed: _________________________________________________________________ Date: 15/ 03/ 2011

(Print Name): Kirk R. MayPosition/Title: Managing Director

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEIdentification of Proponent(Schedule 1)

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Mount PenangKariongTrees

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‘Five D P/L is to provide documentation that they have sufficient financial capacity to undertake the project’.

Five D as promotor/devel-oper acts to realise develop-ments concepts, by securing a site, moving to pre-commit-ment of major end users, acting to achieve develop-ment planning consent then source finance to acquire the land and construct the improvements.

The instruments of Site Control

pre-lease agreement and de-velopment consent provide the basis for an attractive

funding proposal to tradi-tional lending institutions.

The project funding is acti-vated when the above pro-ject milestones have been reached and the above pro-ject credentials are in place.

Five D provides funding for the speculative costs for design etc. up to pre-lease documentation, planning consent applications and any appeals. Upon approval and execu-tion of pre-lease documenta-tion we then move to activate the external funding source for land acquisition, and construction of the improvements.

We have accounted for a budget of in excess of $ 350,000 for our specu-lative costs for the afore-mentioned scope of design works.

External funding for all pro-jects which we have complet-ed to date and referred to in this bid has been provided by the National Australia Bank.

The convenants of wool-worths will be instrumental to underwrite anchor tenan-cies and to be our potential joint development partner of the site after zoning and de-velopment planning consent.

We refer to the attached supportive documentation provided by woolworths ltd.

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEFinancial Capability(Schedule 2)

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Mount PenangKariongTrees

KariongTrees

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“THE PROPONENT SHALL LIST THE MOST RELEVANT PROJECTS UNDERTAKEN TO DEMON-STRATE CAPABILITY TO UNDERTAKE PROJECTS OF SIMILAR SCALE, CHARACTERISTICS AND COMPLEXITY TO THE DEVELOPMENT PROPOSED”

PROJECT NAME: WELLINGTON WOOLWORTHS SUPERMARKET & WOOLWORTHS PETROL PLUS MAUGHAN STREET, WELLINGTON NSW.ADDRESS: LEE STREET, WELLINGTON NSW.CLIENT/CO-VENTURER : NONELGA. WELLINGTON SHIRE COUNCILPROJECT DESCRIPTION: 8 SITE ASSEMBLY, WOOLWORTHS SUPERMARKET, CARPARK AND WOOLWORTHS PETROL PLUS. PRE-LEASED TO WOOLWORTHS LIMITED. FINANCED BY NATIONAL AUSTRALIA BANK LTD.

PROJECT NAME METROPOLITAN HOTELADDRESS. I BRIDGE STREET, CNR GEORGE ST, SYDNEY. CBD TOURISM SPINE BETWEen CIRCULAR QUAY/TOWN HALLCLIENT/CO-VENTURER”: KIRK MAY, MR GRAHAME STEER AND MR STEPHEN FITZSIMONS.LGA. COUNCIL FOR THE CITY OF SYDNEY & HERITAGE COUNCIL FOR NSW&THE NATIONAL TRUST.PROJECT DESCRIPTION URBAN CORE SITE OF STATE SIGNIFICANCE. ACQUISITION OF DILAPIDATED HISTORICAL HERITAGE SIGNIFICANT BUILDING ON HISTORICAL SITE (COLONIAL SETTLEMENT HISTORY) , REFURBISHED IN ACCORDANCE WITH HERITIAGE CONSERVATION PLAN, MODERNISED FOR REINSTALLATION OF HOTEL TENANCY AND GROUND FLOOR TENANCY TO MCDONALDS RESTAURANTS AUSTRALIA. FINANCED BY NATIONAL AUSTRALIA BANK LTD

PROJECT NAME IGA NORWOOD.ADDRESS. NORWOOD AVENUE, NORWOOD TAS.CLIENT/CO-VENTURER”: NONELGA. LAUNCESTON CITY COUNCILPROJECT DESCRIPTION REDEVELOPMENT OF EXISTING URBAN SITE FOR FREESTANDING HIGH VOLUME LOCAL SUPERMARKET AND CAR PARK. . FINANCED BY NATIONAL AUSTRALIA BANK LTD

PROJECT NAME GLOUCESTER WOOLWORTHS SUPERMARKET &WOOLWORTHS PETROL PLUSADDRESS: CHURCH STREET, GLOUCESTER. NSW.CLIENT: NONELGA. GLOUCESTER SHIRE COUNCILPROJECT DESCRIPTION REDEVELOPMENT OF SITE FOR WOOLWORTHS SUPERMARKET, CAR PARK , WOOLWORTHS PETROL SALES.. FINANCED BY NATIONAL AUSTRALIA BANK LTD

PROJECT NAME IGA SUPERMARKET AND OVER FIFTY FIVES HOUSINGADDRESS DENISON STREET, DUNGOGCLIENT/COVENTURER: NONELGA DUNGOG SHIRE COUNCILPROJECT DESCRIPTION ACQUIRE TO EXPAND EXISTING SUPERMARKET, BUILD CARPARK, RESIDUAL DEVELOPMENT RESIDENTIAL ACCOMMODATION. . FINANCED BY NATIONAL AUSTRALIA BANK LTD

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVECapability Statement(Schedule 3)

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Mount PenangKariongTrees

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DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEProject Team - Proposed(Schedule 4)

FIVE D PTY. LTD.PROMOTOR/DEVELOPER

PROJECT MANAGERMAJOR TENANCIES PRELEASE

This Diagram is however only

indicative of the management

structure

CONSENT AUTHORITY CENTRAL COAST REDEVELOPMENT AUTHORITY

& NSW DEPT. PLANNING

ARCHITECTSADG ARCHITECTS. MT PENANG

Seidler & bassociatesArchitects & Planners

CIVIL (SITE)CHASE BURKE & HARVEY,

ERINA. NSW

GEOTECHNICALCOFFEY GEOTECHNICS,

MT PENANG PARKLANDS

SURVEY (SITE)CHASE BURKE & HARVEY,

ERINA. NSW.

LEGAL WHITEHEAD COOPER

WILLIAMS

MINOR TENANCIES LEASING LOCAL AND ESTABLISHED

LEASING AGENTS, CENTRAL COAST/SYDNEY

TRAFFICLOCAL GOVERNMENT

ENGINEERING SERV. PTY LTD.

ENVIRONMENTALCOFFEY GEOTECHNICS,

MT PENANG PARKLANDS

HYDRAULIC (SITE)LOCAL GOVERNMENT

ENGINEERING SERVICES PTY LTD,

CONSTRUCTION MANAGER COASTAL SYNERGY

MT PENANT PARKLANDS

STRUCTURAL ENGINEERINGtba

QUANTITY SURVEYOR

TOWN PLANNINGHERITAGE (IF ANY) tba

MARKETING PUBLIC RELATIONS -AUSTRALIAN

ASIAN ADVERTISING & MARKETING P/L

Page 12: kariong stage 2

Mount Penang

Supermarket 4200 m2

Medical 1500 m2

Retail 900 m2

Retail 900 m2

Retail 300 m2

Tavern 400 m2

Retail 900 m2

Retail 540 m2

Tourism tbaDrive through padHotel padCampus 1500 m2

Campus 1200 m2

Car spaces 590

Car Park

Sport Field

Paci�c Highway - Central Coast Highway

Swimming Pool(s)

PetrolSales

Tavern2 levels

Tourist Centre

Fire

Brigade

42

42

42

42

42

22

22

22

20

24

1613

10

InfantSplashPool

2 LevelLife Guard& Utilities

North

54

Drive ThroughRestaurant

30 x 25

Multi Level

Budget Highway Hotel

99 Spaces

9

10

Protected Area

Protected Area

Leisure Zone

Unde

rgro

und

Pede

stria

n W

ay

Pilon Signage

Pad Entry

Leisure Zone Pedestrian

Loading Zone

The A

venu

e

Retail development

Medical Centre

4200m Supermarket

2

Mt. Penang

High School

Festival Drive

©Strictly Con�dentialThis plan is copyright protected. No copying, photography, fax or email transmission of the plan may occur without the prior written consent of Kirk May, the author and creator of the concept and plans for Kariong Trees Development. This graphic representation of the ‘Kariong Trees’ was developed from a sketch. This material is not to scale and should not be used for reference for design and occupancy speci�cations.

DFIVE DEVELOPERS OF INVESTMENT REAL ESTATE

KariongTrees

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“Kariong Trees” seeks to create bucolic & rustic natu-ral setting within a tactile, human scaled Development.”

• to acquire land for stage one on a 99 year leasehold or freehold interest to im-plement a “Gateway develop-ment” for the Mount Penang parklands. • the FIVE D development concept is for an outdoor, neighbourhood shopping cen-tre with a mix of uses within a campus environment, provide community support services, provide community recrea-tional & ancillary satellite uses on pad sites.

Attached is the Five D Pty Ltd, development concept plan for stage one. It is a private, copyright and confidential.document which should not be used to compromise our in good faith efforts.

The “Kariong Trees” develop-ment concept has been con-ceived with the intention to meet the objectives of the ccrdc request for proposals.

We seek to implement a development with “Green” and “Sustainable” Creden-tials, supported by Wooworths.

In order to achieve these meritorious goals we would plan for the following:

• Preservation of most of the existing trees, • Preservation of existing site infrastructure,• Minimise disturbance to park infrastructure• Compliment neighbouring uses ( High school and park land uses) • Enhance use and enjoyment etc, etc.

We consider that the devel-opment will be a catalyst to provide managed, orderly and synergic growth and expan-sion within the mount penang parklands.

We would also like to be in-volved in the staged develop-ment for other uses, or sites in the parklands,

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEDevelopment ProposalStage One (Schedule 5)

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Mount PenangKariongTrees

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In order to confirm our con-cept as proposed we have had discussion with local occu-pants of the park, the mt Pen-ang High School, Newcastle University, local residents and other groups with a vest-ed interest in the site and lo-cal community. The feedback is reflected with some issues of proposed layout and design.

Proposed uses

Supermarket,convenience stores, speciality stores, petrol sales, tourist office, drive through restaurant, medical/sports precinct, accommodation, tavern, car park.

Other professional, child care. Leisure pools to match the needs of local education, training, recreation , health and fitness lifestyles.

Stage two

This site is the western most precinct of the site and we propose to move to this com-ponent of the site once we have begun to implement stage one.

Construction materials: Use of timbers, solid and laminates, local masonry and sandstones, timber walkways, vegetation within open mall areas, pedestrian ways, shad-ed plaza and interconnecting pedestrian paths. Shaded car park. Use of recyclable natu-ral materials as described, solar harvesting for suitable services, harvesting rainwa-ter for services/ detention ( use gravitation elements available from layout sensi-tive to site AHD), pool supply and fire safety/sprinkler sup-ply, on site vegetation(tree waste) for composting and use around other parts of the park, encourage bike and pedestrian uses by design.

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEDevelopment Proposalcontinued (Schedule 5)

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Mount PenangKariongTrees

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Employment (initial)using the following sources

• Design and planning as per proposed project team,• Pre and post site preparation,• Use of local consultants, labour and enterprise - construction

Permanent employment

• Maintenance and manage- ment of the facilities,• Operation and manning of the supermarket, • Operation and manning of the convenience and specialities,• Operation and manning of the medical, taverns

• Operation and supervision of leisure/pool,• Operation and manning of pad uses,• Maintenance and supply to the pad uses.• Waste removal services, maintenance, grooming and site Décor.• Regulatory and gover- nance disciplines to various essential services/OHS .

Investment & financial return to CCRDC.

Our offer for the 99 year lease or preferably Freehold will set down the basis for payment to ccrdc and fur-thermore the basis for in-creasing value of residual

non site assets currently or potentially available within the parklands campus.

Stage two

To acquire the land situated western end not acquired in stage one we have had discus-sions with potential commer-cial end users, however time constraints have not permit-ted meaningful design and planning concepts with occu-pancy letters of intent.

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEDevelopment Proposalcontinued (Schedule 5)

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Mount Penang

KariongTrees

A concept presented by

DFIVE

KariongTrees

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Convenience Shops Woolworths Supermarket Chain Pharmacy Laundry Individual Dry cleaner Individual Bakery Chain Shoe repairs and keys Individual Fruit and veg Chain Newsagent/Australia Post Office Licensee

Speciality Shops

JewellerHealth foodElectronic gamesElectronicFashion Female/Male x3Surf/Skate fashionFood- SubwayFood- LebaneseFood- SushiCafé- SnacksCafé- Michels, Gloria JeansSport- Clothing and Equipment

Specialists

MedicalTherapeuticExercise/gymSpecialists MedicalLegal and otherPad ShopPetrol StationRestaurantHotelTavernTourist centreOther

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEDevelopment Proposalcontinued (Schedule 5)

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KariongTrees

Mount Penang

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Project Time Plan 2010-2013(Schedule 5)

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVE

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Mount PenangKariongTrees

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Established financing parameters dictate

a 99 year lease or freehold interest in the

land.

We must secure an interest of greater value

than a 50 year leasehold term.

The costs to design and move to consent

stage then to orchestrate and implement

such a project are such that the financial

parameters dictate that five D Pty Ltd must

respectfully plead to the CCRDC an offer

bid on the basis Of a 99 year ground lease

or preferably Fee simple freehold interest.

In terms of acceptable real property valu-

ation standards and practice, the principal

sum for such an interest is the same, how-

ever, a fee simple freehold interest convey-

ance will allow a better result for both

parties to a transaction in these

circumstances.

Transaction proposal

stage one $7,000,000 ($7m)

Stage two $2,000,000 ($2m)

lars as per same terms as for stage one at

the appropriate date.

Total $9,000,000 ($9m)

this offer is made in good faith and In the

absence of thorough site information data,

section 94 levies and other Critical cost

sensitive issues/cost risk issues.

Principal sum for the stage one site

$7,000,000 ($7m)

Interest preferred, Fee simple freehold

Alternative: 99 years lease

Post PDA and upon execution of Licence

$50,000

Other items:

• Right to continue a caveatable interest

in the land,

• Rates and taxes as may be reasonably

due and payable,

• Land tax, presumed not levy able under

leasehold interest.

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEFinancial Proposal(Schedule 6)

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Mount PenangKariongTrees

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DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEReferees(Schedule 7)

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Mount PenangKariongTrees

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Mr Brett Phillips General Manager

Central Coast Regional Development Corporation

16 The Avenue

Mount Penang Parklands

Kariong NSW 2250

Dear Mr Phillips,

Development of Part of Mount Penang Parklands

We refer to the Request for Proposals for the development of part of the Mount Penang Parklands issued by the Central Coast Regional Development Corporation. Our response to the Request is attached. We acknowledge that we have read and understood the invitation and in particular, the disclaimer set out in the RFP documentation.In submitting this RFP we agree:

• To be bound by the terms and conditions of the invitation.• To provide, if requested, confirmation of the commitment of each nominated participant and contractor.• That, if we are at any time in the process provided with material identified as confidential by the CCRDC we will sign a non-disclosure agreement that will oblige us and all our contractors and consultants to keep the nominated material confidential.• To severally indemnify and keep indemnified the CCRDC, their officers, employees, agents and advisors against any loss, liability or claim under or in respect of the Development of Part of the Mount Penang Parklands.

We agree that, except to the extent specified below (Disclosed Intellectual Property) any intellectual property in our response to theRequest for Proposals will become the property of the CCRDC upon the lodgement of the submission. We acknowledge and agree thatthe CCRDC has a licence to use and copy the Disclosed Intellectual Property for the purpose of evaluating our proposal and is not disclosed to any other party for their commercial benefit.

This letter is executed as a deed.

Yours Sincerely

SIGNED BY

Signature, Name and Address of Witness

SCHEDULE

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVELetter of confirmation and acknowledgement(Schedule 8)

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Kariong TreesDFIVE

SHOPPING | RECREATION | ESSENTIAL SERVICES

A concept presented by

DFIVE

Kariong Trees

Kariong                     Trees

SHOPPING | RECREATION | ESSENTIAL SERVICES

A concept presented by

DFIVE

Development Concept by

“the catalyst for the growth of commerce and employment within Mt Penang Parklands and the Central Coast”

Page 29: kariong stage 2

13 May 2011 Mr Kirk May Five D Pty Ltd PO Box 470 Grosvenor Place SYDNEY NSW 1220 Dear Kirk Re: Mount Penang Gardens – Kariong Trees Development It was great re-connecting and being able to look at this exciting opportunity with you. I know Bori would be really happy to do something with you again after the positive experiences with the Payless supermarkets etc. By way of very brief background, Jagen Pty Ltd (“Jagen”) is the private investment vehicle of Bori Liberman and his family. Through Jagen and JGL Investments, we been involved with property development in Australia for over 40 years, as a financier, investor and developer. Jagen and related entities currently has over $150m invested in property in Australia including a significant holding in a portfolio of hotels leased to the Accor Hotel Group. If anyone requires confirmation as to our “bona fides” and financial capacity, I’d be happy to receive a call to discuss. Further, if required, Jagen’s auditors, KPMG, can provide a letter confirming the net assets of Jagen, which will demonstrate Jagen’s ability to finance this opportunity. We consider the Mount Penang Gardens – Kariong Trees Development an exciting opportunity that, subject to completion of financial and legal due diligence, Jagen would be interested in financing. Yours sincerely

Justin Liberman Executive Director Jagen Pty Ltd

expression of interest

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Mount PenangKariongTrees

Focussing on

KIRK R. MAYPrincipal

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CURRICULUM VITAE

KIRK ROBERT MAY

• Australian• Educated in Sydney.• Primary School, • Elanora Heights Primary School, • Christian Brothers Manly,• Secondary School, St Pauls Manly,• Metropolitan Business College • TAFE• Certificate/Diploma in Valuation.• ReaL Estate Institute for NSW, • Real Estate &Business Agents Licence.

PROFESSIONAL WORKING TOOLS AND CREDENTIALS

* Justice of the Peace for New South Wales #125067* Licensed Real Estate Agent for New South Wales. #125613* A Registered Valuer for NSW #2198.* Associate, Australian Institute of Valuers,1982.• Fellow, Australian Property Institute, 1992.

PRACTICAL EXPERIENCE

Kirk May has practised as a Real Estate Valuer since 1981 after having completed the tertiary and practi-cal training when with Richardson & Wrench Ltd 92 Pitt Street, Sydney, within Valuation and Industrial Real Estate Departments, during the late 1970’s.

Prior to that he worked for Hamilton & Co Real Es-tate at Crows Nest in residential lettings and proper-ty management, then to Property Marketing Services Pty Ltd in caretaker/leasing manager & building man-ager for 16 level commercial building #275 Alfred Street, North Sydney.

Following two periods with Richardson & Wrench he worked for small development companies implement-ing neighbourhood shopping centre development projects.

Kirk May has worked in various retained capacities for a number of development companies prior to ini-tiating principal related development projects with external funding.

Kirk May has gained Mortgagee financial support from ANZ Bank, National Australia Bank, Westpac Bank, AGC Limited and St George Bank Limited

PAST SCOPE OF WORK & CLIENTS

Property Consultancy and Valuation Services:

• AMF(Aust) Bowling Centres Inc, a US based corporation -Nationwide valuation, lease renewal, site acquisitions. Circa 1985- up until sale to Macquarie Leisure Trust.

• John A Bush Burke Solicitors - Mortgage and litigation. Circa 1984 (Now Whitehead Cooper Williams)

• Energy Australia - Valuer for compensation and | acquisition. Circa 1985 - continuing.

• JGL Investments Pty. Limited - Advisory, disposal.

• Perpetual Trustee Limited - Panel Valuer

• Various small legal firms - Litigation/ expert witness.

LITIGATION

As a successful Plaintiff and a Successful Defend-ant in the Supreme, Federal, Districts Courts and the Court of Appeal.

As a successful Plaintiff on two occasions against Local Government in the Land and Environment Court.

OTHER ACTIVITIES

Development of Real Estate. ** In progress or Completed.

• Dungog NSW Acquisition of existing IGA Supermar ket for improvement and expansion under new Met cash/IGA Headlease and residential development for over 55’s specialist housing $5m• Gloucester NSW, Freestanding Woolworths Supermarket. $10m• Gloucester NSW, Woolworth Petrol Plus Petrol Sales. $1m• Dunedoo NSW, Freestanding Supermarket. $1.5m•1 Norwood Avenue, Norwood (Tasmania) IGA Local Supermarket. $2m• 79 Lee Street, Wellington, (NSW) Woolworths Petrol Plus $1m• Maughan Street, Wellington (NSW) 3100m 2 Woolworth Supermarket $8m• 224 Maitland Road, Mayfield- Developer. $3m• Metropolitan Hotel - 1 Bridge Street, Sydney. Developer/Promoter.$13m• 79 Darley Street, Mona Value. Freestanding Industrial Developer/Promoter.$1.5m• 8-10 Mary Parade, Rydalmere. Developer & Promoter.$1.8m• Payless Supermarkets at Bathurst, Inverell, Narrabri, Narrandera, West Wyalong & Temora . Development Manager. • Woolworths Petrol Plus - Dee Why. Development Manager. • $3m Woolworths Petrol Plus - North Narrabeen. Development Manager.$3.5m**

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEProprietor Profile

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Mount PenangKariongTrees

STAGE 1

STAGE 2

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The Five D Development Concept for Stage One of Kariong Trees is intended to introduce the Mt Penang Parklands as a Destination location for convenience and necessity shopping, regular leisure, recreation and working Environment.

Similarly it is intended to contribute to the “organic growth” of additional uses Stated in the various Gov-ernment Documents rela-ting to the Parklands.

We envisage a variety of po-tentially valid uses for this second stage of our devel-opment which theoretically may emerge from within the following categories:

• Retail showroom and service,• Convention and accommodation• Residential and mixed uses,• Commercial accommodation,• Single use signature building

In summary we believe that development concept for this site it will be clearer to all involved namely, both CCRDC and ourselves as stage one emerges from con-cept to realisation stage.

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEStage 2 Suggestions

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DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEDevelopinga substantial Site in New South Wales

Mount Penang

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Developinga substantial Site in New South Wales

Mount Penang &Woolworths Ltd.ideas for a new‘Green’ Supermarketat Kariong NSW.

Presenting the5 d’s development Concept of Mt. Penang Parklands.

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVE

MARCH

25

2011

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MARCH252011

Woolworths Ltd.ideas for a new‘Green’ Supermarketat Kariong NSW.

Presenting the5 d’s development Concept of Mt. Penang Parklands.

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVE

Confidentiality of material within this proposal.

Five D Pty Ltd and kirk May claim that this proposal is entirely confidential and as such it is a condition of our proposal that all

material, concepts, comments, claims and representations remain confidential for the benefit of Five D pty Ltd , kirk May and other

parties nominated herein as part of or contributing to this confidential proposal

CD-VERSION

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expression of interest

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Mount PenangKariongTrees

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Kariong Trees Residential TowersLiving and working at Kariong… ...for the people.

We have sought the design skills and philosophy of Harry Seidler Architects to set an admirable standard of design. yet match our concept for multiple residential towers for Stage two of the Five D RFP.

The Towers would face north overlook-ing the parklands, the gardens and dams. The dams provide an attractive feature and also by reflection will cause great virtue to the design. The towers are bound to the north by the gardens and dam whilst to the south and west by natural bushland.

The Towers offer immediate proximity to the Fitness & Health Club, Shopping centre and Commuter centre to take ad-vantage of pedestrian and cycle paths.

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVEStage 2

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Mount PenangKariongTowers

By increasing awareness of the location and residential occupancy within the Parkland

benefits accrue for the following:

• Usage of the Woolworths Anchored Neighbourhood shopping centre, Medical Centre, Tavern, Hotel and services,

• Service the Existing residential populace, • Service the future parklands business and sporting populace. • Compliment the the Mount Penang High School, Central Coast Bears, existing/ future parklands working populace.

• Compliment the proposed Commuter Centre. • Presents an enduring standard for non commercial development within the estate.

Five D concept provides for four towers of maximum height of 14 levels, under building on grade car parking, vast open space, sustainable lifestyle by encourage bicycle and pedestrian intra estate commuting.

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expression of interestHarry Seidler & associates

Architects & Planners

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Mount PenangKariongFunction, Health &Leisure Centre

A comprehensive Conference/Convention, Health and Fitness Club.

Health, Fitness Lifestyle balance… – The Health and Racquet Club…

We have sought the advice of an industry expert, Mr John Alexander, MP for accurate design & layout guidance for The Health, Fitness and Leisure Centre in order to qualify our concept for this component of the Five D RFP..By increasing awareness of the location and encouraging 7 day per week , active and constant multiple customer usage of this facility it will compliment the following: • Proposed Woolworths Anchored Neighbourhood shopping centre, Medical Centre, Tavern, Hotel and services, • Service the Existing residential populace, • Service the future parklands business and residential populace. • Compliment the Kariong Towers residential precinct, Mount Penang High School, Central Coast Bears, existing/ future parklands working populace. • Compliment the proposed Commuter Centre. • Another example of a standard for non commercial development within the estate by adopting the design and philosophy of Harry Seidler Architects, as lead Architect for this component of the Five D RFP. • Reduce the carbon footprint by encouraging localised patronage.

Five D concept provides for a 3000m2 building containing :1. Acqua/ Indoor/Outdoor Swimming Pool with splash pool, sauna/steam room, indoor spa,2. Gymnasium with COV equipment, Weights, Stretch zone, Group Fitness, Cycle studio, & Childrens Gym), Racquets Synthetic and grass Courts for squash and tennis Recreation Members lounger, Café and juice Bar Outdoor and BBQ area,, Sun Terrace, Childrens soft play area, on site car parking.3. Health Treatment rooms, Day spa4. Function and Conference Facilities for business and private events.

Other:Change rooms with private lockers,hairdryers, solariums,Family change facilities, Health and fitness seminars, personal training,private coaching, childminding,swim school, tennis camps.

...for the people.

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DEVELOPERS OF INVESTMENT REAL ESTATEDFIVECommuter Service Centre

Prominent Road and Traffic Authority Commuter Centre For the people

Living and working from Kariong…for the people.

We have been advised by the CCRDC that the RTA seek to develop a Commuter Service Centre on an irregular shaped parcel of land situated at the south western precinct of the the subject sit being bounded to the south by the Central Coast Highway, to the west by the Kangoo Road.

We have suggested a striking architectural design for the Cycle parking structure in order to establish the standard.

Our layout integrates with proposed pedestrian/cycle paths Kariong Towers, Health and Fitness Centre and the Kariong Trees Retail centre.

Our layout sets down the following:

• Short and Long Wheelbase buses transit zone • adjoining car park• 24 hour Café• waiting facility with car park• Male and Female toilets• Petrol and Diesel sales• Commuter Car park of about 100 vehicles• Bicycle and Motor Cycle commuter park for 150 vehicles.

We consider that the Five D Commuter Centre serves effectively to meet the needs for the use and yet successfully integrate with our concept as proposed in the Five D RFP.

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Kariong Trees

Development Concept by

“the catalyst for the growth of commerce and employment within Mt Penang Parklands and the Central Coast”

DEVELOPERS OF INVESTMENT REAL ESTATEDFIVE

supported by

Woolworths

Jagen Pty Ltd.

National Australia Bank

Harry Seidler & Associates