1. Project Summary XXX St (SUBURB) Land Subdivision

2. Disclaimer and Copyright
The information contained in this document is confidential in nature and cannot be reproduced or disclosed to a third party in any way without the prior consent being first obtained in writing from XXXX Pty Ltd or its representatives
This document has been produced exclusively for the Investor upon request for further information and may be subject to change without notice
The information is intended as a guide only and does not constitute advice nor should it be relied upon as a legally binding offer by XXX Pty Ltd or its representatives. Each party shall obtain it’s own legal and financial advice.

3. Project Summary
(name), as Director of XXXX Pty Ltd , has signed a contract on XXX St (SUBURB) , and proposes to develop XXX residential land blocks on the XXXX sqm site

4. Project Summary
Upon identifying the site, with the assistance of town planners and traffic engineers concluded that the site is able to be developed into XXXXX residential lots , ranging from 400 sqm to 824 sqm.
Due to the sell out of his recent project across the road at XXXX St (SUBURB), we are confident of getting comparable prices (and more for the larger lots)

5. (SUBURB) Site Locality
The site is XXX km from Brisbane CBD and 1.1 km from the hub of Retail Centres, which includes:
Bunnings
The Good Guys
McDonalds
Harvey Norman
Across xxxx Road, 200 m further away are:
Super Amart Officeworks

6. (suburb) Site Locality
The site is in a unique location, with the site being:
~110 m from xxxx Golf Course
~200 m from local xxx Tavern, Bakery, Optometrist, Aldi Supermarket, Fruit Shop, and much more...
Less than 200m walk from Bus Stop
Surrounded by housing (no adjacent high density living)

7. Project Summary (cont’d)
The project consists of:
Xxx Residential Lots over 2 stages (Average 530sqm)
Stage 1 consists of xx Lots between 400sqm and ~800sqm
Stage 2 retains the house and consists of a further 4 lots between 400 and 600 sqm
Staging the project minimises risk by selling off several lots to access more funds and completing Stage 2 of the development (vs borrowing more money from the bank). The Seller wishes to remain in the house for a short time and will be paying rent. Renting out the house after settlement will minimise holding costs.
Expected Project Time Frame Completion: 30 June 2015
As of 30th July 2014 we have lodged the Development Application and expect full approval by 30th September 2014.

8. Project Feasibility - Summary 13 x Residential lots
Gross Realisation $3,477,000
(13 x Lots Avg ~$267,000)
Less
Land Purchase $xxxxx,000
Construction Costs & Contributions
Holding Costs, GST, Agents Commission, Consultants Fees & All Other Costs $xxxx,000
Projected Net Profit Before Tax ~$xxxxx,000
Project Yield ~xxx%
(full feasibility supplied upon request)

9. Recent Nearby Comparable Sales xxxxx St (Suburb) November 2013 to February 2014
Lot 1 – 400 sqm – Sold $245,000
Lot 2 – 400 sqm – Sold $233,000
Lot 3 – 400 sqm – Sold $245,000
Lot 4 – 400 sqm – Sold $244,000
Lot 5 – 400 sqm – Sold $235,000
Lot 6 – 400 sqm – Sold $235,000
Lot 7 – 400 sqm – Sold $245,000
Lot 8 – 400 sqm – Sold $244,000
Lot 9 – 400 sqm – Sold $244,000
Average Sale Price: $241,111

10. Recent Completely Projected
Xxxx St (suburb)

11. Project Funding Proposition
Currently the property is under contract (23rd February 2014) with project completion and exit expected end June 2015
Funding required to settle the project & complete stages 1 & 2 are as follows:
Cash: $1,000,000 Total
Bank Funding: $1,250,000
Offer to Investor
Option 1: Profit Share The $1,000,000 Cash Provided from Investors will receive xxx % of the profit. Based on a net profit of ~$xxxx, this works out to be ~$xxx ,000, or ~xxxx% return. Ideally minimum amounts of $200,000 per investor.
Option 2: Interest Rate (Capped)
An interest rate of 11% p.a. Interest is also being offered as a flat rate as an alternative to the Profit Share Offer.
Once Investor decides to proceed, funds will be deposited into Unit Trust Account which will be high interest bearing

12. Developer Profile (cont’d) (name)
The project’s is headed by is xxxxx who is an experienced Property Developer, Educator and Business Owner. As a Property Developer he runs xxxx Pty Ltd.
As a Property Developer he has been involved in over $XXXX worth of projects in the last XX years.
His expertise includes:
Project Management
Feasibilities
Capital Raising and Finance Structuring
Property Acquisitions, Sales & Marketing
Residential Development and Construction