Are you looking for a great investment in a growing area in Brisbanes Northern Suburbs.
New univeristy being built, new station opening soon, within 5 mins walk from apartment, close to shops, takeaways, schools, supermarkets, everything within walking distance. This is a great opportunity to invest or make this your home. A 7 story apartment block, with Hotel on the top level and shops on the ground level. It only takes a moment to look at the presentation to get all the information you need.
Any questions then please contact us.
2. The Power of a Joint Venture Partner
www.proximus.com.au
Proximus Developments vision is to create developments with architectural
and environmental integrity that create real financial and social capital for all
members of the collective. We want to create a rewarding shared experience
and an end product that we can all be proud of. To achieve this we are looking
for partners that are committed to sharing, to openness, collaboration and
honesty.
Allows partners with limited amounts of equity have the
opportunity to make development profits
3. What is a Joint Venture Partner
It is a temporary partnership that two companies or individuals form to gain mutual
objectives and goals
It is subject to a formal contract and all legal requirements must be adhered to
Joint venture partnerships are entered into, to save cost with purchacing power and to
deliver mutual benefits to both parties
This partnership is designed as a developers partnership, with an expected profit of
approx 20% plus.
Plus capital gains when the building is completed
All the money collected from JVP investors will be held in a Trust account with
Proximus Developments Solicitor
4. Benefits of being a Proximus JVP
The opportunity to enter a project on the ground floor.
Having a professional team with expert knowledge
Part of a large buying group with real negotiating power
You are part of the development team and get real savings
With savings comes immediate equity at purchase
Feasibility and planning has been done.
5. BASICS OF A JVP
Proximus Development sets up a company trust
The Company Trust issues 30m Unit shares to cover the project cost
JVP then purchase unit shares from the trust for $1 per unit share
Unit shares are converted into the allotted apartments at the end of
the project
Any unit shares left over from the contingency fund are converted
back to dollars and paid out to JVP’s
Company is closed at the end of the project
6. The Land has been purchased
Land size: Goodfellows Rd – 1958sqm
Land size: Goodfellows Rd – 2861sqm
Total 4819sqm
The new Moreton Bay Regional Council Planning Scheme was
adopted by Council on 24 November 2015 and commenced on
1 February 2016.
The new scheme now requires developers to build apartment blocks
by having a 5metre minimum-21metre maximum build restrictions.
Less restrictions for developers.
We do not need to advertise to neighbours for objections
Shops have been approved
As long as we are in code, there will be no complications
7. DA and BA
I.B Town Planning- is arranging development
approval (DA) and building approval (BA).
Everything is ready to go and has been checked.
We have been liaising directly with the MBRC.
We are now waiting for an appointment with MBRC
to arrange the DA.
By the end of 2016 all council requirement for DA and
BA would be met and our build should start in the
beginning of 2017. We are on schedule.
8. Opening special price:
To the first 19 Joint Venture Partners
who purchase two or more 2x bedroom apartments
JVP cost per apartment $260,000
This cost is subject to a reduction if the final cost is less.
All finances are disclosed to investors and you are paying a genuine developers price.
You reap the rewards of a developer who wants to achieve 20% + on their investment.
We have a total of 95 two bedroom apartments for sale
A JVP can be an individual, a Self Managed Super Fund or a company trust etc
9. Now is the Time to Invest
• Interest rates are at there lowest
• First buyers home owners grant has gone up to $20,000
• This area is on the verge of booming with the increase of infrastructure
• The University will increase demand for accommodation
• The new rail has brought us closer to the city
• Our vision is to be the first to develop luxury 5 star hotel & apartments with
retail shops
• Location- Is close to everything you need
• Easy access to motor way- 3 entries and exits
• MBRC (Moreton Bay Regional Council) is promoting development in this
area.
10. What are apartments selling for:
North Lakes apartments are the closest apartments to us.
North Lakes-5minute drive
From: $365,000
General Features
Property Type: Apartment
Bedrooms:2
Bathrooms:2
Indoor Features
Toilets:2
Air Conditioning
• Outdoor Features
•Secure Parking
•Garage Spaces:1
•Swimming Pool - Inground
•Built-In Wardrobes, NBN Ready
11. Purchase one apartment:
Off The Plan Prices
We have available to you an estimated rental and sale price
from a licensed realestate.
Every purchase made directly through Proximus Developments prior to 31 Dec receive:
$20000 cash back offer. (eligible first home owners-20,000)
Reduced till 31 Dec
1st
Floor 340,000
2nd
Floor 348,750 now 345,000
3rd
Floor 357,500 now 350,000
4th
Floor 366,250 now 355,000
5th
Floor 375,000 now 360,000
Level 5 is the home owners floor
Interest repayments at 4.2%
Mortgage of 300,000
$ 242pw
12. Apartment Selection
YOU BENEFIT AS JVP PARTNER BY PURCHASING THE APARTMENTS
AT THE SAME COST PER LEVEL.
We have package two apartments together e.g.
Floor 5 right side, matched with bottom floor left side.
This is to ensure all partners are purchasing similar valued
apartments.
Allowances have been made for partners who purchase more than
two.
Allowances have been made for partners who need apartments close
together or interconnecting.
To ensure that you get the apartment of your choice it is recommended that you complete your
13. Estimated Profit
Example Only (not including sale on now till 31 Dec16)
Cost of JVP Apartment $260,000 Per Apartment
Average Market Value $357,500
Market Value (ground floor) 340,000 @ $8,750 per floor
Market Value (top floor) + 375,000
Total- = 715,000
Average Market Value /2 $357,500
$195,000 Profit
Excluding Capital Gains
JVP net per apartment $97,500 per apartment
37% + return
Excluding Costs
14. Estimated Body Corp Fees
There are 3 body corps in this complex-Hotel/Apartments and
Shops – This has reduced your body corp fees
Strata Management Group (SMG) has evaluated our project and submitted
an estimation of the body corp fees:
Per apartment $ 50.00 per week
Per annum $2,600
Body corporation includes:
Outside building insurance & all outside maintenance
All ground maintenance including swimming pool etc
You as an owner are still required to pay insurance for the
inside of your apartment
15. Rental Supply and demand
2.46% equates to 9 days loss of rent
This shows demand for rental property in this area
You will find in your take home packs a copy of Coronis
Realestate rental appraisal: between $340-370 pw
16. Estimated Rental Returns
Even with our rent reduced compared to North Lakes we are still positive geared
Average Market Rent $ 350 pw
$ 18,7200 pa
Body Corp fees - $ 2,600 pa
Rates - $ 2,000 pa
Interest at 4.2% ($260,000) - $ 11,050 pa
Balance = $ 3,170
POSITIVE GEARED
17. The Proximus Vision
To develop and build the first luxury resort style 7 story apartment in
Kallangur - Brisbane
Hotel
30 luxury hotel units.
Twin/queen beds
1 bedroom spa units
2 & 3 bedrooms apartments.
All rooms have balconies
Access to rooftop outdoor area
Conference Centre
Communal laundry
Ground Level
shop and Restaurant
Five to Six retail shops (250sqm)
Coffee Plus boutique style retail outlets
Hotel reception
Rental reception (separate office)
Indoor and Outdoor eating area
Gym
bathroom facilities
Elevators to apartments and Hotel
Swimming Pool and BBQ area
Secure car park
18. Deposit
Our project has been offered to you with no actual commitment until we are ready to
build and go to contract.
As a JVP if the costing is lower than estimated at today’s prices, then the development cost
to you as a partner will decrease, giving you true developers costs.
Your deposit is fully refundable, even if you change your mind before building
commences.
Why not live the high life in Kallangur.
Our aim is to be the first to build beautiful and stunning apartments with luxury fittings.
We are confident that you will not change your mind or cancel, our project has a difference
and we have taken into account the needs of Kallangur. Accommodation is needed for the
new university, we will have easy access to Brisbane city and Redcliffe beach with the new
rail line. Luxury hotel accommodation is what Kallangur urgently requires, to offer
business travellers and visitors alternative accommodation away from the city.
19. What happens next
1/ Complete the expression of interest form, found on www.proximus.com.au.
2/ Proximus Development will confirm your apartment lots.
3/ We will confirm your apartment lots and then you have 7 days to pay your deposit of $1,000 per
apartment to your lawyer or the Proximus lawyer.
4/ Proximus Developments obtains Development Approval (DA), final Quantity Survey (QS) & Building
Approval (BA)
5/ The JVP may opt out of the purchase agreement without penalty.
6/ JVP Completes contract & pays all monies to the trust account. (JVP is now committed)
7/ Proximus Developments starts the build.
8/ JVPs take possession of their apartments.
9/ JVPs are then refunded any monies left over from the contingency fund.
PROXIMUS DEVELOPMENT
PO BOX 498
KALLANGUR
PH 07 38862086 or email info@proximus.com.au
www.proximus.com.au
20. Our Team
Elwyn Teki
C.E.O
PROXIMUS LTD.
Joint Venture Partners
Is the key for success for both parties
Elwyn has been in the property industry for over 30
years. It first started in New Zealand when he owned and
operated a Property Advertisers business which
managed 250 rental properties. Elwyn moved to Australia
24 years ago, is now an Australian citizen and has also
spent time living in London. Since then he has been
involved with the legal side of buying/selling and leasing
property and has met and befriended a great team to
work on this project who hold all the qualifications and
has the experience to build a project of this size.
21. Project Manager
Steve's credentials include A.DIP.Q.S.MRICS AAIQS AMAIB FCIOB
With 44 years’ experience in the Building Industry covering Hospitality,
Heavy and Light Industry, Building Litigation and many others sectors.
Steve founded Madden & Associates in 1995.
As project manager, Steve is in control from start to
finish. He negotiates all costings on our behalf and
controls quality workmanship for the best price.
Steve Madden
Managing Director of
Madden & Associates
22. Body Corporation Manager
Frances Ronnfeldt
Director SMG
Strata Management Group
Experienced in the development, property management and body
corporate management industries.
Certificate IV in body corporate management
Frances is responsible for all the administrative,
secretarial, financial and maintenance support
24. •Width of hall – 1200mm/1600mm this takes the long
straight look away and gives some privacy in
doorways
•Windows at each end of the hallway allowing natural
light
•Emergency staircase
• Four Elevators
•Ventilation/LED and wall
lighting/alcoves/pictures/seating
Typical floor plan
•Security camera’s located throughout the
inside and outside of the complex.
• Plenty of lighting
•Private swipe keys which allow you access to
your own floor and into the common areas.
•Secure car parking area in a gated community.
•On site manager.
26. Open plan living
Lounge/Dining and Study Nook
Air-conditioning in all rooms
Tiled or timber flooring
Floor to Ceiling glass stacker doors in lounge
Balcony pictured with actual rural views
Study Nook shelves and computer desk
NBN ready
Two Bedroom Apartment Lounge/Dining and Kitchen
Quality kitchen fittings & cabinets
Stone bench tops
Tower oven, microwave space & pot drawer
Large separate pantry
Overhead cupboards
Large breakfast bar (plenty of leg room)
Stainless steel 2 bowl sink & dishwasher
European style Laundry & dryer
(Impression only for all pictures)
27. Actual Views in all photos, taken
from a drone 21 mtrs high
Master Bedroom
Bedroom opens onto large balcony
Air-conditioning
Window to floor sliding door and window coverings
Walk-in Wardrobe (his and hers)
Tiled or timber flooring
Ensuite
Double bowl vanity (his and hers)
Large mirror with down lights
Large shower with hand held and overhead nozzle
Large niche for shampoo and conditioners etc
Tiled walls and floors
Toilet, Towel rails
(Impression only for all pictures, colour specialist & designers for all final
decisions
28. Actual view
2nd Bedroom
Walk-through wardrobe with
doors at each end of the
en-suite.
The bathroom has duel access
doors one to the kitchen and the
other to the walk-in wardrobe.
Both door can be locked for
privacy.
Open your bedroom sliding doors
and let the sunlight beam into
your room or smell the fresh rural
air, while marvelling at the
spectacular view.
(Impression only for all pictures, colour
specialist & designers for all final decisions)
29. Everything within walking distance
from Proximus Apartments
• 3 minutes: Aldi s/market and post office–across road
• 3 minutes: 24hr Caltex service station
• 4 minutes: Main street, Anzac Ave-coffee shops
• 5 minutes: Kallangur Medical Centre with Trauma unit
• 5-10 minutes: McDonald's, Hungry Jacks, Subway
• 5 minutes: Kallangur rail station-same street
• 7 minutes: Local RSL and local pub and bars
• 15 minutes: Local primary and secondary schools
• Don’t forget your shops downstairs
30. Kallangur a great place to invest
More than 375,000 people call the Moreton Bay region home
Making it the third largest local government area in Australia.
It is also one of the fastest growing areas in the country with the
population set to exceed 500,000 within the next 5-15 year
New Rail Link to Redcliffe Beach area and Brisbane City
Petrie University 20 min walk or one stop on the train
Northlake Shopping 5 minutes drive
With all the new construction happening at the moment and in the
near future, now is the best time to invest in Kallangur, this area will
not get any cheaper than what it is today.
31. Kallangur-Lifestyle
Brisbane city – 30 minutes express train University of Sunshine Coast – one stop
North Lakes – two stop Kallangur Rail Station
Coming in 2020
33. Costco- Only one in Queensland
Ikea-Only one on North Brisbane
Both companies spent a lot of time and money to find the best locations for their businesses.
Kallangur is next door and our apartments are closer to Westfield than a lot of North Lakes properties.
35. Rail benefits
• Act as a catalyst for growth along the alignment, with stations becoming hubs of new
development in the region. *****
• Reduce congestion on the road network, including the Bruce Highway.
• Provide sustainable and active transport options that reduce carbon emissions—every full train
on the new line will take about 600 cars off the road.
• Provide better access to major employment centres.
• Help attract investment to the area and create business opportunities
36. Petrie University
One stop on the train or walk 1.7kms (20min) through walkways
The new Petrie campus is expected to cater
for up to 10,000 students within the first 10
years, starting from the beginning of 2020.
USC (University Sunshine Coast)is a
Queensland-based university and is ranked
as one of Australia's top universities for
teaching quality.
For the 10th consecutive year, USC has
received a five-star rating for teaching quality
from the independently published Good
Universities Guide.
37. No more two story townhouses
Morton Bay Regional Councils
vision for Kallangur is high rise
buildings
The blue area has height
restrictions: min 5m & max 21m,
our building is 21m high
Two story townhouses are
below the 5m height
restrictions.
Possible impression of Kallangurs future in the next few years.
Once the first apartment goes up, you will have followers.
Editor's Notes
Costco / Ikea
Council building height 21mtrs-no townhouses.
Be first not last – access to motorway, most people are really happy to get to one exit and we have 3.
Note: From 365K worst possible apartment Body Corp fees 4,500
How much do you think our apartments are selling for***pass out paper
Interest only repayments
B
Dishwaher , aircon all rooms removie formica, change to stone, quality fitings remove laundry
Add down lights-change bathroom and add candles in niche
Second master aircon, 2 access bathroom
Motorway access
Movie theatre just opened, champion 18 hole golf course.
Every time a new rail line is built-more people move into that area, jobs are created and more rental properties are in demand, this is already happening.