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SINKING FUND FORECAST

THE SCARBOROUGH GRANDat

113 LANDSBOROUGH AVENUE SCARBOROUGH

Plan No. 48492

L&P Job No. 15260/62144

Prepared by L&P Quantity Surveyor

Blake Rooney BAppSc(QS), AIQS(Affil.)

Printed: 13 April 2018

LEARY & PARTNERS PTY LTDABN 010 134 148

Quantity Surveyors

Asset Management Consultants

Taxation Depreciation Consultants

Registered Tax Agent 53798007

Telephone 1800 808 991

www.leary.com.au

[email protected]

©Leary & Partners Pty Ltd 2018

SINKING FUND FORECAST Leary & Partners Pty Ltd

SUMMARY OF CONTRIBUTIONS

15 YEAR PLAN 15 YEAR FORECAST: Starting April 2018for

THE SCARBOROUGH GRAND 48492Prepared by Leary & Partners Pty Ltd - Job No. 15260

Dated : 22 March 2018

Fund Balance @ April 2018: $124,500.00

For the 12 month

period ending

Total

Contributions+

Expected

RequirementsFund Balance* Interest less Tax

31/03/2019 $217,608 $21,096 $324,131 $3,119

31/03/2020 $226,313 $21,201 $535,216 $5,974

31/03/2021 $235,365 $30,484 $749,024 $8,927

31/03/2022 $244,780 $49,165 $956,494 $11,856

31/03/2023 $254,571 $32,552 $1,193,458 $14,945

31/03/2024 $264,754 $70,294 $1,405,987 $18,070

31/03/2025 $275,344 $42,080 $1,660,568 $21,317

31/03/2026 $286,358 $172,577 $1,798,393 $24,044

31/03/2027 $297,812 $579,983 $1,539,424 $23,202

31/03/2028 $309,724 $350,457 $1,519,959 $21,267

31/03/2029 $322,113 $207,275 $1,656,881 $22,083

31/03/2030 $334,998 $428,221 $1,586,202 $22,544

31/03/2031 $348,398 $276,248 $1,681,063 $22,712

31/03/2032 $362,334 $1,445,231 $614,121 $15,955

31/03/2033 $376,827 $938,572 $57,041 $4,665

*This balance includes interest earned on the fund balance and tax payable on these earnings.

We were advised that this scheme is registered for GST.

+GST needs to be added to the Total Contributions when levying the residents

Expected Inflation 4.00%

Contingency 10.00%

Interest 2.00%

Taxation 30.00%

Summary of Requirements : of 15 THE SCARBOROUGH GRAND


PREAMBLE CLAUSES

1.00 PURPOSE OF SINKING FUND FORECAST

The purpose of this report is to enable the body corporate to make adequate monetary

provision for future common property replacements and major repair items, in accordance

with the requirements of the relevant legislation.

2.00 LEGISLATION

This survey has been prepared with reference to the Body Corporate and Community Management

Act 1997. It does not take into account the impact of future changes to this legislation or to other

relevant legislation (eg. The Work Place Health and Safety Legislation).

3.00 THE GOODS AND SERVICES TAX

All cost estimates contained in Section 2 of this report include an allowance for GST.

If the body corporate is a registered entity for GST puposes, allowance has been made for the

fact that the body corporate will be entitled to claim GST tax credits.

The contributions displayed in this report do not include the GST payable by the body corporate

on all levies. A 10% allowance for GST should be added to the contributions displayed before

levying lot owners.

4.00 BASIS OF FORECAST

Expenses have been forecast in line with the standard requirements for a building of this nature and

assume a typical level of usage and maintenance.

The cost allowances in this report are our best estimate of the likely future costs, based on the

information available to us at this date. These cost estimates may be impacted by factors that

cannot be reasonably foreseen at this time. Common examples of such factors include unusual

market conditions at the time of the works, associated remedial works being required, special

access or scaffolding being required or the body corporate choosing to vary the repaired

or replaced infrastructure. Further, when competitive quotes are sought, there is normally a variation

between the quoted prices.

For these reasons we recommend that the body corporate obtain competitive quotes for major

work items (including the external painting) at least twelve months in advance of the forecast work

date.

5.00 STRUCTURAL DEFECTS AND REFURBISHMENTS

This is not a structural report and does not cover expenditure that occurs either directly or

indirectly as a result of structural defects. It does not cover expenditure as a result of accidental

damage. An asbestos detection survey has not been undertaken and no allowance has been made

for removal of asbestos.

Refurbishments undertaken for reasons other than physical obsolescence have not been included

apart from where the body corporate has provided us with budgeted costs. Physical obsolescence

is the basis by which the remaining and overall lives have been investigated. No allowance has

been made for economic, functional, technological, social, and legal obsolescence.

6.00 ADMINISTRATIVE BUDGET ITEMS NOT INCLUDED

The cost of maintenance contract items normally included in the Administrative budget have not

been included in this forecast.

7.00 CONTRIBUTION SCHEDULE

The "Contributions Optimisation Chart" in Section 3 grap4s how the contribution scheme relates to

the expected requirements and the sinking fund balances over the full forecast period. When

calculating the contributions we :

- ensure that there are always sufficient funds to meet the forecast requirements.

- try to achieve a steadily increasing contribution scheme.

- ensure that the body corporate is not unduly contributing funds.

Preambles : of 15 THE SCARBOROUGH GRAND


- investigate the expected requirements over the full forecast period, not just the first ten years.

The contributions shown in italics in Section 3 are draft figures only which should be reviewed on

an annual basis to take into consideration actual expenses incurred, the actual sinking fund

balance and additions or changes to the building.

8.00 OPENING SINKING FUND BALANCE

The sinking fund balance used in the forecast is the last known balance shown in the

body corporate records.

9.00 CONTINGENCY

The contingency sum has been included to allow for unforeseen expenses that may occur during

the life of this forecast.

10.00 FORECAST PERIOD

This report is calculated to run from the date stated on the cover page, in twelve-month periods.

11.00 EXPLANATION OF ABBREVIATIONS

The sinking fund forecast uses the following abbreviations :

FR: First Replacement

RC: Replacement Cycle

12.00 PLAN AND FORECAST PERIOD

12.01 The term 'plan', shown on the first page of this report, refers to the period for which levies

have been calculated.

12.02 The term 'forecast', shown on the first page of this report, refers to the period of time over

which maintenance and repair costs are assessed.

12.03 This report includes only work items that are expected to occur during the report forecast period.

Items of work expected to occur at a date further into the future will be added at a later date as part

of the ongoing forecast update process.

13.00 INSPECTION INFORMATION

Please note the following information relating to this forecast.

13.01 Our report is based on the following :

- data collected on site at the date of inspection

13.02 The survey has been prepared with reference to the plan .

Supplementary architectural drawings were not provided during the survey preparation.

13.03 The recommendations in this report are based on a visual inspection of the development undertaken

from the ground level and accessible building areas. No physically destructive or intrusive testing

was carried out.

13.04 An allowance has been made to paint only the previously painted surfaces including external

surfaces extending into lot boundaries.

13.05 The allowance for painting does not include for special hoarding or other special safety provision

that may be a requirement of the local council.

13.06 It has been assumed that the lift plant & equipment is covered by a comprehensive service agreement.

Please inform our office if this is not the case.

13.07 The item included in the forecast for the replacement of underground pipework is a contingency

allowance only. The location of the pipework and its condition were unable to be determined.

13.08 Assuming materials and workmanship were of a reasonable standard during construction, some

infrastructure items should only require partial ongoing replacement or repair during the forecast

period. For these items, an estimated percentage of the total quantity/cost has been used to allow

for the partial replacement or repair of these items. (This allowance may change in future forecasts

to reflect a greater maintenance requirement during those future periods.)



For some other items we may have allowed to repair/replace a percentage of an item or items on a

progressive basis (for example, light fittings) if it is reasonable to assume that all of the item or

items will not be repaired or replaced at the same time.

- replacing door hardware

- replacing ventilation fans and motors

- replacing light fittings

- replacing exposed internal ductwork

- replacing dks card readers

- replacing fire detectors

- replacing emergency light fittings

- replacing fire extinguisher

- replacing fire hose reel and nozzle

- replacing window hardware

- replacing brick lights

- replacing quarry tiles

- replacing membrane to podium slab

- replacing membrane to planter boxes

- replacing underground pipework

- replacing aluminium landscape fences

- replacing downpipes

We recommend the status of these items be reviewed at regular intervals.

13.09 This forecast includes allowances for shared facility items as per the Building Management

Statement. The shared facilities line items will be identified by "(SF)" in the description.

The costs shown for these line items are for the residential share of the total cost.



EXPECTED REQUIREMENTS FR RC

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

Item Area Description Unit Qty. Rate Yrs Yrs 31/03/19 31/03/20 31/03/21 31/03/22 31/03/23 31/03/24 31/03/25 31/03/26 31/03/27 31/03/28

1 2 3 4 5 6 7 8 9 10

#1 Basement Repaint carpark line markings m 900 2 5 6 2,009

#2 Basement Replace door hardware (approx. 5%) No. 1 452 6 2 561 607 657

#3 Basement Replace stormwater pump (SF) No. 2 2,969 7 9 7,670

#4 Basement Replace ventilation fans and motors (SF) (approx. 25%) No. 1 3,346 7 7 4,322

#5 Basement Replace basement shutter/gate auto. motor (SF) (1 of 3) No. 1 2,059 7 9 2,660

#6 Basement Paint common basement areas m2 739 13 8 10 13,291

#7 Basement Replace light fittings (SF) (approx. 10%) No. 17 264 8 2 6,030 6,522

#8 Basement Replace C0 monitoring system (SF) Item 3,370 8 10 4,527

#9 Basement Replace fire jacking pump (SF) No. 2 2,039 10 12 5,924

#10 Basement Replace exposed internal ductwork (SF) (approx. 30%) m2 20 180 11 12

#11 Basement Replace basement shutter door (SF) No. 2 8,222 13 14

#12 Basement Refurbish common bathroom amenities (SF) Item 14,040 13 15

#13 Basement Replace water supply booster pumps No. 3 20,000 14 15

#14 Basement Overhaul fire booster pumps (SF) No. 2 3,604 18 20

#15 Building Replace DKS card readers (approx. 20%) No. 5 436 1 3 2,226 2,504 2,817 3,169

#16 Building Replace fire detectors (SF) (approx. 20%) No. 38 212 3 5 8,898 10,826

#17 Building Replace emergency light fittings (approx. 20%) No. 81 220 4 5 20,464 24,898

#18 Building Replace fire extinguisher (approx. 20%) No. 4 220 4 5 1,011 1,230

#19 Building Replace security PC (SF) Item 2,340 6 8 2,906

#20 Building Replace CCTV DVRs & monitors Item 1,980 8 8 2,660

#21 Building Paint building facade m2 12,868 32 9 10 572,770

#22 Building Replace CCTV cameras No. 28 649 10 10 26,405

#23 Building Replace MATV system components Item 10,480 11 13

#24 Building Replace floor scrubber Item 10,000 11 12

#25 Building Replace general building signage Item 5,000 12 14

#26 Building Maintain balustrade to units m 169 447 13 10

#27 Building Replace fire hose reel and nozzle (SF) (approx 20%) No. 3 626 13 10

#28 Building Replace window hardware (approx 20%) No. 115 88 14 5

#29 Building Replace automatic meter reading equipment Item 7,500 14 15

#30 External Replace brick lights (approx. 30%) No. 14 217 5 7 3,637

#31 External Replace outdoor furniture Item 10,000 6 8 12,421

#32 External Replace synthetic grass surfacing m2 299 71 8 10 28,397

#33 External Replace BBQ No. 1 2,750 8 10 3,694

#34 External Replace light fittings (approx. 10%) No. 2 204 8 2 548 593

#35 External Replace quarry tiles (approx. 10%) m2 104 355 10 5 53,584

#36 External Replace ceiling fan to gazebo No. 2 375 10 12 1,090

#37 External Replace intercom system Item 82,500 11 13

#38 External Replace membrane to podium slab (approx. 15%) m2 398 90 12 5

#39 External Replace membrane to planter boxes (approx. 15%) m2 299 90 12 5

#40 External Replace letterboxes Item 13,200 13 15

#41 External Replace underground pipework (approx. 20%) Item 10,473 13 15

#42 External Refurbish common kitchenette amenities Item 8,000 13 15

#43 External Replace aluminium landscape fences (approx 20%) m 26 145 14 5

#44 Lifts Replace lift components (Stage 1) No. 4 140,000 14 15

#45 Lifts Replace lift carriage interior (Stage 1) No. 4 22,000 14 15

Requirements : of 15 THE SCARBOROUGH GRAND


EXPECTED REQUIREMENTS FR RC

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

Item Area Description Unit Qty. Rate Yrs Yrs 31/03/19 31/03/20 31/03/21 31/03/22 31/03/23 31/03/24 31/03/25 31/03/26 31/03/27 31/03/28

1 2 3 4 5 6 7 8 9 10

#46 Lifts Replace lift components (Stage 2) No. 3 140,000 15 15

#47 Lifts Replace lift carriage interior (Stage 2) No. 3 22,000 15 15

#48 Main foyers Paint internally m2 1,330 19 6 8 31,345

#49 Main foyers Replace door hardware (approx. 5%) No. 1 452 6 2 561 607 657

#50 Main foyers Maintain floor tiles m2 50 171 8 10 11,490

#51 Main foyers Replace light fittings (approx. 10%) No. 9 153 8 2 1,849 2,000

#52 Main foyers Replace air curtain No. 4 2,500 10 12 14,531

#53 Main foyers Replace split system air conditioner No. 7 2,900 11 12

#54 Main foyers Replace fire indicator / EWIS panels (SF) No. 1 56,160 14 15

#55 Pool Replace spa blower No. 1 1,416 2 4 1,503 1,759 2,057

#56 Pool Replace pool/spa pump (2 of 5) No. 2 880 3 2 1,943 2,102 2,274 2,459

#57 Pool Replace electric heat pump No. 1 5,664 4 5 6,504 7,913

#58 Pool Replace automatic chlorinators No. 2 1,473 5 7 3,518

#59 Pool Replace spa sand filter No. 1 1,650 10 12 2,398

#60 Pool Replace pool sand filter No. 2 5,500 12 14

#61 Pool Refurbish bathroom amenities Item 12,000 13 15

#62 Pool Replace pebblecrete finish to pool surface m2 444 100 14 14

#63 Pool Replace underwater light fittings No. 6 566 14 14

#64 Pool Replace FC HardieDeck to pool surround m2 263 119 15 18

#65 Roof Replace painted roof membrane (Stage 1) m2 1,574 98 10 12 225,188

#66 Roof Replace painted roof membrane (Stage 2) m2 1,578 98 12 12

#67 Roof Replace television aerial No. 2 855 13 15

#68 Roof Replace downpipes (approx. 10%) m 31 127 15 5

#69 Roof Maintain metal roof sheeting m2 210 11 15 10

#70 Roof Replace eaves gutters m 20 58 15 18

#71 Stairwells Replace door hardware (approx. 5%) No. 4 452 6 2 2,246 2,429 2,627

#72 Stairwells Replace light fittings (approx. 10%) No. 7 242 8 2 2,280 2,466

#73 Typical lobbies Paint internally m2 2,654 19 8 10 67,652

#74 Typical lobbies Replace light fittings (approx. 10%) No. 26 153 8 2 5,342 5,777

#75 Typical lobbies Replace curtains Item 14,000 12 14

#76 Typical lobbies Maintain floor tiles m2 60 171 12 10

#77 Tax credit claim for GST component -2,110 -2,120 -3,048 -4,917 -3,255 -7,029 -4,208 -17,258 -57,998 -35,046

Contingency Contingency 20,979 21,818 22,691 23,599 24,543 25,524 26,545 27,607 28,711 29,860

Total 21,096 21,201 30,484 49,165 32,552 70,294 42,080 172,577 579,983 350,457



EXPECTED REQUIREMENTSItem Area Description

#1 Basement Repaint carpark line markings

#2 Basement Replace door hardware (approx. 5%)

#3 Basement Replace stormwater pump (SF)

#4 Basement Replace ventilation fans and motors (SF) (approx. 25%)

#5 Basement Replace basement shutter/gate auto. motor (SF) (1 of 3)

#6 Basement Paint common basement areas

#7 Basement Replace light fittings (SF) (approx. 10%)

#8 Basement Replace C0 monitoring system (SF)

#9 Basement Replace fire jacking pump (SF)

#10 Basement Replace exposed internal ductwork (SF) (approx. 30%)

#11 Basement Replace basement shutter door (SF)

#12 Basement Refurbish common bathroom amenities (SF)

#13 Basement Replace water supply booster pumps

#14 Basement Overhaul fire booster pumps (SF)

#15 Building Replace DKS card readers (approx. 20%)

#16 Building Replace fire detectors (SF) (approx. 20%)

#17 Building Replace emergency light fittings (approx. 20%)

#18 Building Replace fire extinguisher (approx. 20%)

#19 Building Replace security PC (SF)

#20 Building Replace CCTV DVRs & monitors

#21 Building Paint building facade

#22 Building Replace CCTV cameras

#23 Building Replace MATV system components

#24 Building Replace floor scrubber

#25 Building Replace general building signage

#26 Building Maintain balustrade to units

#27 Building Replace fire hose reel and nozzle (SF) (approx 20%)

#28 Building Replace window hardware (approx 20%)

#29 Building Replace automatic meter reading equipment

#30 External Replace brick lights (approx. 30%)

#31 External Replace outdoor furniture

#32 External Replace synthetic grass surfacing

#33 External Replace BBQ

#34 External Replace light fittings (approx. 10%)

#35 External Replace quarry tiles (approx. 10%)

#36 External Replace ceiling fan to gazebo

#37 External Replace intercom system

#38 External Replace membrane to podium slab (approx. 15%)

#39 External Replace membrane to planter boxes (approx. 15%)

#40 External Replace letterboxes

#41 External Replace underground pipework (approx. 20%)

#42 External Refurbish common kitchenette amenities

#43 External Replace aluminium landscape fences (approx 20%)

#44 Lifts Replace lift components (Stage 1)

#45 Lifts Replace lift carriage interior (Stage 1)

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

31/03/29 31/03/30 31/03/31 31/03/32 31/03/33

11 12 13 14 15

2,542

710 768

5,688

7,054 7,629

5,448

26,879

22,948

101,992

3,564

13,171

30,292

1,496

3,978

15,837

15,112

7,858

123,598

3,067

17,140

12,749

4,785

16,999

641 693

65,193

124,672

56,437

42,399

21,575

17,118

13,076

6,408

951,929

149,589



EXPECTED REQUIREMENTSItem Area Description

#46 Lifts Replace lift components (Stage 2)

#47 Lifts Replace lift carriage interior (Stage 2)

#48 Main foyers Paint internally

#49 Main foyers Replace door hardware (approx. 5%)

#50 Main foyers Maintain floor tiles

#51 Main foyers Replace light fittings (approx. 10%)

#52 Main foyers Replace air curtain

#53 Main foyers Replace split system air conditioner

#54 Main foyers Replace fire indicator / EWIS panels (SF)

#55 Pool Replace spa blower

#56 Pool Replace pool/spa pump (2 of 5)

#57 Pool Replace electric heat pump

#58 Pool Replace automatic chlorinators

#59 Pool Replace spa sand filter

#60 Pool Replace pool sand filter

#61 Pool Refurbish bathroom amenities

#62 Pool Replace pebblecrete finish to pool surface

#63 Pool Replace underwater light fittings

#64 Pool Replace FC HardieDeck to pool surround

#65 Roof Replace painted roof membrane (Stage 1)

#66 Roof Replace painted roof membrane (Stage 2)

#67 Roof Replace television aerial

#68 Roof Replace downpipes (approx. 10%)

#69 Roof Maintain metal roof sheeting

#70 Roof Replace eaves gutters

#71 Stairwells Replace door hardware (approx. 5%)

#72 Stairwells Replace light fittings (approx. 10%)

#73 Typical lobbies Paint internally

#74 Typical lobbies Replace light fittings (approx. 10%)

#75 Typical lobbies Replace curtains

#76 Typical lobbies Maintain floor tiles

#77 Tax credit claim for GST component

Contingency Contingency

Total

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

12 mths

ending

31/03/29 31/03/30 31/03/31 31/03/32 31/03/33

11 12 13 14 15

742,504

116,679

42,897

710 768

2,163 2,340

30,677

95,465

2,407

2,660 2,877 3,111

9,628

4,629

17,288

19,614

75,474

5,777

55,534

244,183

2,796

6,937

4,084

2,057

2,841 3,073

2,667 2,885

6,249 6,759

22,003

16,130

-20,727 -42,822 -27,625 -144,523 -93,857

31,054 32,296 33,588 34,932 36,329

207,275 428,221 276,248 1,445,231 938,572



Variable Contributions for 10 Year Plan

Lot No. Entitl. 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

L1 297 1,615.74 1,680.37 1,747.59 1,817.49 1,890.19 1,965.80 2,044.43 2,126.20 2,211.25 2,299.70

L2 285 1,550.46 1,612.48 1,676.98 1,744.06 1,813.82 1,886.37 1,961.82 2,040.30 2,121.91 2,206.79

L3 302 1,642.94 1,708.66 1,777.01 1,848.09 1,922.01 1,998.89 2,078.85 2,162.00 2,248.48 2,338.42

L4 290 1,577.66 1,640.77 1,706.40 1,774.65 1,845.64 1,919.46 1,996.24 2,076.09 2,159.14 2,245.50

L5 307 1,670.14 1,736.95 1,806.43 1,878.68 1,953.83 2,031.98 2,113.26 2,197.79 2,285.71 2,377.13

L6 295 1,604.86 1,669.06 1,735.82 1,805.25 1,877.46 1,952.56 2,030.66 2,111.89 2,196.36 2,284.22

L7 312 1,697.34 1,765.24 1,835.85 1,909.28 1,985.65 2,065.08 2,147.68 2,233.59 2,322.93 2,415.85

L8 299 1,626.62 1,691.69 1,759.35 1,829.73 1,902.92 1,979.03 2,058.20 2,140.52 2,226.14 2,315.19

L9 317 1,724.55 1,793.53 1,865.27 1,939.88 2,017.47 2,098.17 2,182.10 2,269.38 2,360.16 2,454.57

L10 304 1,653.82 1,719.98 1,788.77 1,860.33 1,934.74 2,012.13 2,092.61 2,176.32 2,263.37 2,353.91

L11 322 1,751.75 1,821.82 1,894.69 1,970.48 2,049.30 2,131.27 2,216.52 2,305.18 2,397.39 2,493.28

L12 309 1,681.02 1,748.26 1,818.20 1,890.92 1,966.56 2,045.22 2,127.03 2,212.11 2,300.60 2,392.62

L13 327 1,778.95 1,850.11 1,924.11 2,001.07 2,081.12 2,164.36 2,250.94 2,340.97 2,434.61 2,532.00

L14 314 1,708.22 1,776.55 1,847.62 1,921.52 1,998.38 2,078.32 2,161.45 2,247.91 2,337.82 2,431.34

L15 394 2,143.44 2,229.18 2,318.35 2,411.08 2,507.52 2,607.82 2,712.14 2,820.62 2,933.45 3,050.78

L16 386 2,099.92 2,183.92 2,271.27 2,362.12 2,456.61 2,554.87 2,657.07 2,763.35 2,873.88 2,988.84

L17 282 1,534.14 1,595.50 1,659.32 1,725.70 1,794.72 1,866.51 1,941.17 2,018.82 2,099.57 2,183.56

L18 282 1,534.14 1,595.50 1,659.32 1,725.70 1,794.72 1,866.51 1,941.17 2,018.82 2,099.57 2,183.56

L19 287 1,561.34 1,623.79 1,688.74 1,756.29 1,826.55 1,899.61 1,975.59 2,054.62 2,136.80 2,222.27

L20 287 1,561.34 1,623.79 1,688.74 1,756.29 1,826.55 1,899.61 1,975.59 2,054.62 2,136.80 2,222.27

L21 292 1,588.54 1,652.08 1,718.16 1,786.89 1,858.37 1,932.70 2,010.01 2,090.41 2,174.03 2,260.99

L22 295 1,604.86 1,669.06 1,735.82 1,805.25 1,877.46 1,952.56 2,030.66 2,111.89 2,196.36 2,284.22

L23 297 1,615.74 1,680.37 1,747.59 1,817.49 1,890.19 1,965.80 2,044.43 2,126.20 2,211.25 2,299.70

L24 299 1,626.62 1,691.69 1,759.35 1,829.73 1,902.92 1,979.03 2,058.20 2,140.52 2,226.14 2,315.19

L25 302 1,642.94 1,708.66 1,777.01 1,848.09 1,922.01 1,998.89 2,078.85 2,162.00 2,248.48 2,338.42

L26 305 1,659.26 1,725.63 1,794.66 1,866.44 1,941.10 2,018.75 2,099.50 2,183.48 2,270.82 2,361.65

L27 307 1,670.14 1,736.95 1,806.43 1,878.68 1,953.83 2,031.98 2,113.26 2,197.79 2,285.71 2,377.13

L28 309 1,681.02 1,748.26 1,818.20 1,890.92 1,966.56 2,045.22 2,127.03 2,212.11 2,300.60 2,392.62

L29 312 1,697.34 1,765.24 1,835.85 1,909.28 1,985.65 2,065.08 2,147.68 2,233.59 2,322.93 2,415.85

L30 314 1,708.22 1,776.55 1,847.62 1,921.52 1,998.38 2,078.32 2,161.45 2,247.91 2,337.82 2,431.34

L31 381 2,072.72 2,155.63 2,241.85 2,331.53 2,424.79 2,521.78 2,622.65 2,727.56 2,836.66 2,950.12

L32 389 2,116.24 2,200.89 2,288.93 2,380.48 2,475.70 2,574.73 2,677.72 2,784.83 2,896.22 3,012.07

L33 280 1,523.26 1,584.19 1,647.56 1,713.46 1,782.00 1,853.28 1,927.41 2,004.50 2,084.68 2,168.07

Variable Contributions : of 15 THE SCARBOROUGH GRAND


Lot No. Entitl. 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

L34 284 1,545.02 1,606.82 1,671.09 1,737.94 1,807.45 1,879.75 1,954.94 2,033.14 2,114.46 2,199.04

L35 287 1,561.34 1,623.79 1,688.74 1,756.29 1,826.55 1,899.61 1,975.59 2,054.62 2,136.80 2,222.27

L36 291 1,583.10 1,646.42 1,712.28 1,780.77 1,852.00 1,926.08 2,003.13 2,083.25 2,166.58 2,253.24

L37 294 1,599.42 1,663.40 1,729.93 1,799.13 1,871.10 1,945.94 2,023.78 2,104.73 2,188.92 2,276.47

L38 298 1,621.18 1,686.03 1,753.47 1,823.61 1,896.55 1,972.41 2,051.31 2,133.36 2,218.70 2,307.45

L39 301 1,637.50 1,703.00 1,771.12 1,841.97 1,915.65 1,992.27 2,071.96 2,154.84 2,241.03 2,330.68

L40 305 1,659.26 1,725.63 1,794.66 1,866.44 1,941.10 2,018.75 2,099.50 2,183.48 2,270.82 2,361.65

L41 308 1,675.58 1,742.61 1,812.31 1,884.80 1,960.20 2,038.60 2,120.15 2,204.95 2,293.15 2,384.88

L42 312 1,697.34 1,765.24 1,835.85 1,909.28 1,985.65 2,065.08 2,147.68 2,233.59 2,322.93 2,415.85

L43 315 1,713.66 1,782.21 1,853.50 1,927.64 2,004.75 2,084.94 2,168.33 2,255.07 2,345.27 2,439.08

L44 319 1,735.43 1,804.84 1,877.04 1,952.12 2,030.20 2,111.41 2,195.87 2,283.70 2,375.05 2,470.05

L45 326 1,773.51 1,844.45 1,918.23 1,994.95 2,074.75 2,157.74 2,244.05 2,333.81 2,427.17 2,524.25

L46 331 1,800.71 1,872.74 1,947.65 2,025.55 2,106.57 2,190.84 2,278.47 2,369.61 2,464.39 2,562.97

L47 373 2,029.20 2,110.36 2,194.78 2,282.57 2,373.87 2,468.83 2,567.58 2,670.28 2,777.10 2,888.18

L48 376 2,045.52 2,127.34 2,212.43 2,300.93 2,392.97 2,488.68 2,588.23 2,691.76 2,799.43 2,911.41

L49 280 1,523.26 1,584.19 1,647.56 1,713.46 1,782.00 1,853.28 1,927.41 2,004.50 2,084.68 2,168.07

L50 284 1,545.02 1,606.82 1,671.09 1,737.94 1,807.45 1,879.75 1,954.94 2,033.14 2,114.46 2,199.04

L51 287 1,561.34 1,623.79 1,688.74 1,756.29 1,826.55 1,899.61 1,975.59 2,054.62 2,136.80 2,222.27

L52 291 1,583.10 1,646.42 1,712.28 1,780.77 1,852.00 1,926.08 2,003.13 2,083.25 2,166.58 2,253.24

L53 294 1,599.42 1,663.40 1,729.93 1,799.13 1,871.10 1,945.94 2,023.78 2,104.73 2,188.92 2,276.47

L54 298 1,621.18 1,686.03 1,753.47 1,823.61 1,896.55 1,972.41 2,051.31 2,133.36 2,218.70 2,307.45

L55 301 1,637.50 1,703.00 1,771.12 1,841.97 1,915.65 1,992.27 2,071.96 2,154.84 2,241.03 2,330.68

L56 305 1,659.26 1,725.63 1,794.66 1,866.44 1,941.10 2,018.75 2,099.50 2,183.48 2,270.82 2,361.65

L57 308 1,675.58 1,742.61 1,812.31 1,884.80 1,960.20 2,038.60 2,120.15 2,204.95 2,293.15 2,384.88

L58 312 1,697.34 1,765.24 1,835.85 1,909.28 1,985.65 2,065.08 2,147.68 2,233.59 2,322.93 2,415.85

L59 315 1,713.66 1,782.21 1,853.50 1,927.64 2,004.75 2,084.94 2,168.33 2,255.07 2,345.27 2,439.08

L60 319 1,735.43 1,804.84 1,877.04 1,952.12 2,030.20 2,111.41 2,195.87 2,283.70 2,375.05 2,470.05

L61 326 1,773.51 1,844.45 1,918.23 1,994.95 2,074.75 2,157.74 2,244.05 2,333.81 2,427.17 2,524.25

L62 331 1,800.71 1,872.74 1,947.65 2,025.55 2,106.57 2,190.84 2,278.47 2,369.61 2,464.39 2,562.97

L63 373 2,029.20 2,110.36 2,194.78 2,282.57 2,373.87 2,468.83 2,567.58 2,670.28 2,777.10 2,888.18

L64 376 2,045.52 2,127.34 2,212.43 2,300.93 2,392.97 2,488.68 2,588.23 2,691.76 2,799.43 2,911.41

L65 287 1,561.34 1,623.79 1,688.74 1,756.29 1,826.55 1,899.61 1,975.59 2,054.62 2,136.80 2,222.27

L66 258 1,403.57 1,459.72 1,518.10 1,578.83 1,641.98 1,707.66 1,775.97 1,847.01 1,920.89 1,997.72

L67 341 1,855.11 1,929.31 2,006.49 2,086.75 2,170.22 2,257.03 2,347.31 2,441.20 2,538.85 2,640.40

L68 256 1,392.69 1,448.40 1,506.34 1,566.59 1,629.25 1,694.42 1,762.20 1,832.69 1,906.00 1,982.24

L69 251 1,365.49 1,420.11 1,476.92 1,535.99 1,597.43 1,661.33 1,727.78 1,796.89 1,868.77 1,943.52

L70 264 1,436.21 1,493.66 1,553.41 1,615.55 1,680.17 1,747.37 1,817.27 1,889.96 1,965.56 2,044.18



Lot No. Entitl. 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

L71 347 1,887.75 1,963.26 2,041.79 2,123.46 2,208.40 2,296.74 2,388.61 2,484.15 2,583.52 2,686.86

L72 253 1,376.37 1,431.43 1,488.68 1,548.23 1,610.16 1,674.57 1,741.55 1,811.21 1,883.66 1,959.01

L73 258 1,403.57 1,459.72 1,518.10 1,578.83 1,641.98 1,707.66 1,775.97 1,847.01 1,920.89 1,997.72

L74 270 1,468.86 1,527.61 1,588.71 1,652.26 1,718.35 1,787.09 1,858.57 1,932.91 2,010.23 2,090.64

L75 357 1,942.15 2,019.84 2,100.63 2,184.66 2,272.04 2,362.93 2,457.44 2,555.74 2,657.97 2,764.29

L76 260 1,414.45 1,471.03 1,529.87 1,591.07 1,654.71 1,720.90 1,789.73 1,861.32 1,935.78 2,013.21

L77 264 1,436.21 1,493.66 1,553.41 1,615.55 1,680.17 1,747.37 1,817.27 1,889.96 1,965.56 2,044.18

L78 277 1,506.94 1,567.21 1,629.90 1,695.10 1,762.90 1,833.42 1,906.76 1,983.03 2,062.35 2,144.84

L79 363 1,974.79 2,053.79 2,135.94 2,221.38 2,310.23 2,402.64 2,498.75 2,598.69 2,702.64 2,810.75

L80 266 1,447.09 1,504.98 1,565.18 1,627.78 1,692.90 1,760.61 1,831.04 1,904.28 1,980.45 2,059.67

L81 270 1,468.86 1,527.61 1,588.71 1,652.26 1,718.35 1,787.09 1,858.57 1,932.91 2,010.23 2,090.64

L82 283 1,539.58 1,601.16 1,665.21 1,731.82 1,801.09 1,873.13 1,948.06 2,025.98 2,107.02 2,191.30

L83 369 2,007.44 2,087.73 2,171.24 2,258.09 2,348.42 2,442.35 2,540.05 2,641.65 2,747.31 2,857.21

L84 272 1,479.74 1,538.93 1,600.48 1,664.50 1,731.08 1,800.32 1,872.34 1,947.23 2,025.12 2,106.13

L85 277 1,506.94 1,567.21 1,629.90 1,695.10 1,762.90 1,833.42 1,906.76 1,983.03 2,062.35 2,144.84

L86 289 1,572.22 1,635.11 1,700.51 1,768.53 1,839.27 1,912.85 1,989.36 2,068.93 2,151.69 2,237.76

L87 375 2,040.08 2,121.68 2,206.55 2,294.81 2,386.60 2,482.07 2,581.35 2,684.60 2,791.99 2,903.67

L88 279 1,517.82 1,578.53 1,641.67 1,707.34 1,775.63 1,846.66 1,920.52 1,997.34 2,077.24 2,160.33

L89 283 1,539.58 1,601.16 1,665.21 1,731.82 1,801.09 1,873.13 1,948.06 2,025.98 2,107.02 2,191.30

L90 295 1,604.86 1,669.06 1,735.82 1,805.25 1,877.46 1,952.56 2,030.66 2,111.89 2,196.36 2,284.22

L91 381 2,072.72 2,155.63 2,241.85 2,331.53 2,424.79 2,521.78 2,622.65 2,727.56 2,836.66 2,950.12

L92 285 1,550.46 1,612.48 1,676.98 1,744.06 1,813.82 1,886.37 1,961.82 2,040.30 2,121.91 2,206.79

L93 289 1,572.22 1,635.11 1,700.51 1,768.53 1,839.27 1,912.85 1,989.36 2,068.93 2,151.69 2,237.76

L94 346 1,882.31 1,957.60 2,035.91 2,117.34 2,202.04 2,290.12 2,381.72 2,476.99 2,576.07 2,679.12

L95 477 2,594.98 2,698.78 2,806.73 2,919.00 3,035.76 3,157.19 3,283.48 3,414.81 3,551.41 3,693.46

L96 327 1,778.95 1,850.11 1,924.11 2,001.07 2,081.12 2,164.36 2,250.94 2,340.97 2,434.61 2,532.00

L97 331 1,800.71 1,872.74 1,947.65 2,025.55 2,106.57 2,190.84 2,278.47 2,369.61 2,464.39 2,562.97

L98 301 1,637.50 1,703.00 1,771.12 1,841.97 1,915.65 1,992.27 2,071.96 2,154.84 2,241.03 2,330.68

L99 262 1,425.33 1,482.35 1,541.64 1,603.31 1,667.44 1,734.14 1,803.50 1,875.64 1,950.67 2,028.69

L100 262 1,425.33 1,482.35 1,541.64 1,603.31 1,667.44 1,734.14 1,803.50 1,875.64 1,950.67 2,028.69

L101 273 1,485.18 1,544.58 1,606.37 1,670.62 1,737.45 1,806.94 1,879.22 1,954.39 2,032.57 2,113.87

L102 273 1,485.18 1,544.58 1,606.37 1,670.62 1,737.45 1,806.94 1,879.22 1,954.39 2,032.57 2,113.87

L103 279 1,517.82 1,578.53 1,641.67 1,707.34 1,775.63 1,846.66 1,920.52 1,997.34 2,077.24 2,160.33

L104 279 1,517.82 1,578.53 1,641.67 1,707.34 1,775.63 1,846.66 1,920.52 1,997.34 2,077.24 2,160.33

L105 286 1,555.90 1,618.13 1,682.86 1,750.17 1,820.18 1,892.99 1,968.71 2,047.46 2,129.35 2,214.53

L106 286 1,555.90 1,618.13 1,682.86 1,750.17 1,820.18 1,892.99 1,968.71 2,047.46 2,129.35 2,214.53

L107 293 1,593.98 1,657.74 1,724.05 1,793.01 1,864.73 1,939.32 2,016.89 2,097.57 2,181.47 2,268.73



Lot No. Entitl. 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

L108 293 1,593.98 1,657.74 1,724.05 1,793.01 1,864.73 1,939.32 2,016.89 2,097.57 2,181.47 2,268.73

L109 299 1,626.62 1,691.69 1,759.35 1,829.73 1,902.92 1,979.03 2,058.20 2,140.52 2,226.14 2,315.19

L110 299 1,626.62 1,691.69 1,759.35 1,829.73 1,902.92 1,979.03 2,058.20 2,140.52 2,226.14 2,315.19

L111 306 1,664.70 1,731.29 1,800.54 1,872.56 1,947.47 2,025.37 2,106.38 2,190.64 2,278.26 2,369.39

L112 306 1,664.70 1,731.29 1,800.54 1,872.56 1,947.47 2,025.37 2,106.38 2,190.64 2,278.26 2,369.39

L113 348 1,893.19 1,968.92 2,047.68 2,129.58 2,214.77 2,303.36 2,395.49 2,491.31 2,590.96 2,694.60

L114 348 1,893.19 1,968.92 2,047.68 2,129.58 2,214.77 2,303.36 2,395.49 2,491.31 2,590.96 2,694.60

L115 301 1,637.50 1,703.00 1,771.12 1,841.97 1,915.65 1,992.27 2,071.96 2,154.84 2,241.03 2,330.68

L116 262 1,425.33 1,482.35 1,541.64 1,603.31 1,667.44 1,734.14 1,803.50 1,875.64 1,950.67 2,028.69

L117 262 1,425.33 1,482.35 1,541.64 1,603.31 1,667.44 1,734.14 1,803.50 1,875.64 1,950.67 2,028.69

L118 273 1,485.18 1,544.58 1,606.37 1,670.62 1,737.45 1,806.94 1,879.22 1,954.39 2,032.57 2,113.87

L119 275 1,496.06 1,555.90 1,618.13 1,682.86 1,750.17 1,820.18 1,892.99 1,968.71 2,047.46 2,129.35

L120 279 1,517.82 1,578.53 1,641.67 1,707.34 1,775.63 1,846.66 1,920.52 1,997.34 2,077.24 2,160.33

L121 282 1,534.14 1,595.50 1,659.32 1,725.70 1,794.72 1,866.51 1,941.17 2,018.82 2,099.57 2,183.56

L122 286 1,555.90 1,618.13 1,682.86 1,750.17 1,820.18 1,892.99 1,968.71 2,047.46 2,129.35 2,214.53

L123 288 1,566.78 1,629.45 1,694.63 1,762.41 1,832.91 1,906.23 1,982.48 2,061.77 2,144.25 2,230.02

L124 293 1,593.98 1,657.74 1,724.05 1,793.01 1,864.73 1,939.32 2,016.89 2,097.57 2,181.47 2,268.73

L125 295 1,604.86 1,669.06 1,735.82 1,805.25 1,877.46 1,952.56 2,030.66 2,111.89 2,196.36 2,284.22

L126 299 1,626.62 1,691.69 1,759.35 1,829.73 1,902.92 1,979.03 2,058.20 2,140.52 2,226.14 2,315.19

L127 301 1,637.50 1,703.00 1,771.12 1,841.97 1,915.65 1,992.27 2,071.96 2,154.84 2,241.03 2,330.68

L128 306 1,664.70 1,731.29 1,800.54 1,872.56 1,947.47 2,025.37 2,106.38 2,190.64 2,278.26 2,369.39

L129 308 1,675.58 1,742.61 1,812.31 1,884.80 1,960.20 2,038.60 2,120.15 2,204.95 2,293.15 2,384.88

L130 348 1,893.19 1,968.92 2,047.68 2,129.58 2,214.77 2,303.36 2,395.49 2,491.31 2,590.96 2,694.60

L131 349 1,898.63 1,974.58 2,053.56 2,135.70 2,221.13 2,309.98 2,402.37 2,498.47 2,598.41 2,702.34

Totals 40000 $217,608.22 $226,312.55 $235,365.05 $244,779.65 $254,570.84 $264,753.67 $275,343.82 $286,357.57 $297,811.87 $309,724.35

*The contributions shown in italics should be reviewed on an annual basis.

*GST needs to be added to the Total Contributions when levying the Lot owners.


Leary & Partners Pty Ltd SINKING FUND FORECAST

Chart : of 15 THE SCARBOROUGH GRAND

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Contributions Optimisation Chart : 15 Year Forecast

Expected requirements for the BC financial year SF Balance at the close of the BC financial year

Total Contributions for the BC financial year Commencing SF Balance


Site Photographs

Photo Sheet : of 15 THE SCARBOROUGH GRAND

sinking fund forecast - my-community.com · the sinking fund balance used in the forecast is the...

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