master crafted precinct development · pdf filethis emerging urban neighbourhood is poised to...
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BRISBANE’S ONLY MASTER CRAFTED PRECINCTThe $2.9 billion Brisbane Showgrounds re-development is perhaps the most significant inner city urban regeneration project in Queensland. Spanning 22 hectares it will be home to circa 2,800 residential apartments, 5 commercial towers, a 5 level car park, world-class convention centre, 4 star hotel, supermarket, childcare centre and 40+ retail shops.
This emerging urban neighbourhood is poised to take advantage of the global urbanisation trend, and appeal of inner city living. This modern master crafted community is set to become one of Brisbane’s best entertainment and lifestyle precincts, where over 15,000 will live, work and play by 2025.
THE DEVELOPMENTModern and quality 1 and 2 bed freehold apartments set within the architecturally designed Yards Apartments, that encompasses 401 apartments across two contemporary towers.
• Only 1.6km to the Brisbane CBD• 27,000m2 private lifestyle podium with a pool, Master Chef style kitchen,
yoga lawns and fitness centre• A supermarket, restaurants and on-site car parking• Onsite management team with high rental success rates.
WHY THE YARDS • Last Residential Release on King Street, the epicentre of the $2.9b Brisbane Showgrounds development• A Limited Selection remaining of the quality 1 and 2 bedroom apartments offering generous incentives • Doorstop Convenience located on the doorstop of a vibrant events and lifestyle precinct• Unique Investment Opportunity set yourself apart by investing in the iconic Brisbane Showgrounds, the character and
rich heritage of the $2.9b urban regeneration will provide a unique point of difference • Ideal Time To Buy with a significant gap opening between the Sydney and Brisbane property markets• Global Scale and Local Expertise known for delivering transformational urban regenerations, Lendlease have global
experience in delivering projects, which ensure lasting occupier and resident demand.
DeveloperLendlease
LocationBowen Hills, Queensland
Local AuthorityBrisbane City Council
ArchitectHayball
Landscape ArchitectForm
Building InsuranceIncluded in Body Corporate Levies
CompletedQ3 2017
ANN ST
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GIPPS ST
BOUNDARY ST
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ROMA ST
WICKHAM TCE
GREGORY TCE
O’CONNELL TCE
BOW
EN B
RID
GE
RD
HERSTON ROAD
JAMES ST
JAMES ST
BRUNSWICK ST
COMMERCIAL RD
SKYRING TCE
CAMPBELL ST
ANN ST
ANN ST
TURBOT ST
WIC
KHAM ST
ST PA
ULS TC
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PBR
EAK
FAST
CR E
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INNER CITY BYPASS
MONTPELIER RD
ROMA STREETCENTRAL
FORTITUDE VALLEY
EXHIBITION
BOWEN HILLS
500m
1000m
1500m
JAMES STRETAIL & DINING PRECINCT
EMPORIUM HOTEL
HOMEMAKER CENTRE
GASWORKS PLAZA
CLOUDLAND
CHINATOWN MALL
BRUNSWICK ST MALL
ALFRED ST DINING PRECINCT
BRISBANE SHOWGROUNDS
ROYAL INTERNATIONAL CONVENTION CENTRE
ROYAL BRISBANE& WOMEN’S HOSPITAL
VICTORIA PARKGOLF COURSEQUT KELVIN GROVE
ROMA ST PARKLAND
BOTANICGARDENS
ST VINCENTSHOSPITAL BRISBANE
CBD
GALLERY OF MODERN ART
GREENSQUARE
QLD HERITAGEMUSEUM
UNIVERSITY OF QLDMEDICAL FACILITY
ALFRED & CONSTANCE
VALLEY METRO
ANN ST DINING & RETAIL
VALLEY BATHS
TURNAROUNDJAZZ CLUB
THE TIVOLI
CENTENARY AQUATIC CENTREAND HEALTH CLUB
PALACE CENTROCINEMAS
EMPORIUM RETAIL & DININGPRECINCT
ESTIMATED WEEKLY RENT
Apt Type Description Without parking space (AUD) With parking space (AUD)Type A 1 Bedroom, 1 Bathroom $320-340 $360-380Type B/H 1 Bedroom, 1 Bathroom, 1 Study $340-360 $380-400Type C 2 Bedrooms, 1 Bathroom n/a $400-450Type D 2 Bedrooms, 2 Bathrooms n/a $450-460Type E 2 Bedrooms, 2 Bathrooms n/a $500-550
These rental figures may vary, depending on the supply and demand of properties and tenants at the time of renting.
EDUCATION LINKSClose proximity to some of Brisbane’s best public and private schools, training facilities, colleges and univer-sities.
• 1.5km to Queensland University of Technology• 1.5km to four of Brisbane’s leading private schools• Guardian Childcare Centre located on King Street.
TRANSPORT LINKSThis thriving city-fringe location is surrounded by public transport and major road networks including the Inner City Bypass, Airport Link Tunnel, Clem7 Tunnel and Cross River Rail.
Pedestrian links and cycle ways join The Yards with both Fortitude Valley and Bowen Hills railway stations plus major bus networks.
• 1.6km to CBD• 2km to Brisbane Ferry Terminal• 400m to Fortitude Valley Train Station• 400m to Northern Busway and Cycle Centre• 12km to Brisbane Airport.
EDU
CAT
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FIRB STATUSIn November 2015 FIRB confirmed that foreign investors in The Yards would be except from normal notification requirements due to the status of the vendor.
Proudly developed by
ANNUAL BODY CORPORATE FEES
Estimated Body Corporate Fees (per annum)
1 Bedroom + 1 Bathroom $4,000
1 Bedroom + 1 Bathroom + Study $4,150
2 Bedrooms + 1 Bathroom $4,400
2 Bedrooms + 2 Bathrooms $4,900
These numbers are approximate and vary slightly for individual apartments.
STAMP DUTY
• Transfer duty is sometimes referred to as stamp duty.• Transfer duty applies whenever you sell, buy or transfer property.• Additional Foreign Acquirer Duty (AFAD) of 3% applies to acquisitions of residential and by foreign persons
(including companies and trusts)
The following transfer duty rates for Queensland are effective from 21 September 2012:
Dutiable Value (AUD) Duty Rate (AUD)$75,000 to $540,000 $1,050 plus $3.50 for each $100, or part of $100, over $75,000 + 3% AFAD
e.g. $540,000 apartment $17,675 stamp duty plus $16,500 AFAD = $34,175 total due
$540,000 to $1,000,000 $17,325 plus $4.50 for each $100, or part of $100, over $540,000 + 3% AFAD
e.g. $600,000 apartment $18,825 stamp duty plus $18,000 AFAD = $36,825 total due
Source: Queensland Government website https://www.qld.gov.au/housing/buying-owning-home/transfer-duty-rates
PAYMENT TERMS 1. A non refundable booking deposit of S$5,000 is
payable upon reservation/completion of EOI form. This booking deposit will be refunded to the buyer only when the 10% deposit has been received in full by the vendor’s solicitors.
2. Full 10% deposit of purchase price is payable within 21 days from the exchange of contract.
3. The balance of 90% of the purchase price will be payable in 30 days or by negotiation from the date of the 10% deposit.
DOCUMENTATION REQUIRED FOR EXCHANGE OF CONTRACT • Passport / ID card • A current utility bill (not mobile phone) or bank
statement showing name and home address If neither document can be provided then: • An Inland Revenue demand or • A letter from employer stating home address. Please be advised that the solicitors must see the original copies of the above documents.
VENDORS SOLICITORHWL Ebsworth LawyersHolly Crilly, ParalegalLevel 19, 480 Queen Street GPO Box 2033Brisbane QLD 4000 Australia Brisbane, QLD 4001
Phone: +61 7 3169 4784Fax: +61 1300 368 717Email: [email protected]
BUYER’S RECOMMENDED SOLICITORAston Lawyers Pty Ltd Jimmy Tsai, Director PO Box 6694Suite 1B, 2072 Logan Road Upper Mt Gravatt, Upper Mt Gravatt, QLD 4122 QLD 4122 Phone: +61 7 3349 9910Fax: +61 7 3349 9570Mobile: +61424 66 88 10 Email: [email protected] Wechat: a1262037
The information contained in this brochure has been prepared from reliable sources and was correct at the time of publication, however no warranty, express or implied, is given as to the accuracy of the information in this brochure. Artist’ impressions, images and views are for illustrative purpos-es and are indicative only. Prospective purchasers should make their own enquiries as to the details of the development which may be subject to change without notice. Any information contained in this brochure should be read subject to the terms of an agreement of sale. This brochure was produced by Lendlease (Bowen Hills) Pty Ltd, and is current as at November 2017.