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Investing in Queensland’s Gold Coast. Presented by: JJJ Realty P/L Phone: +61 755 200 070 Jo Tillotson +614 1205 2560 Email: info@jjjrealty.com.au John Tillotson +614 1584 9101. Australia. Why Invest in Australia?.
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Investing in Queensland’s Gold Coast Presented by: JJJ Realty P/L Phone: +61 755 200 070 Jo Tillotson +614 1205 2560 Email: info@jjjrealty.com.au John Tillotson +614 1584 9101
Why Invest in Australia? • A substantial downturn in all monetary markets over recent months has seen the Australian dollar substantially weaken against the US dollar (from 98c 15/07/08 to 67c 01/11/08)*. • Using the XE currency exchange website, the US$ will buy A$1.468 (03/11.08). A strong US dollar presents an enormous advantage when buying Australian property. • Combine this with the fact the Australian property market has appeared to have reached the bottom of one of the sharpest declines in over twenty years and the opportunities for investment are enormous. • As the global economic crisis eases over the next few years, the Australian dollar is likely to increase against the US and the Australian property market will again improve. • The opportunity to invest when both the dollar and the property prices are so heavily in your favour will be a rare opportunity. * http://www.abc.net.au/news/stories/2007/07/20/1984236.htm
Why Invest in Australia? Australia’s Competitive Edge • An investment in Australia is an investment in growth, stability, innovation and lifestyle. It is a decision to tap the world-class intellectual capital, sophisticated infrastructure and unique location of a nation with remarkable economic resilience in the fastest growing region of the world. That’s why around 900 multinational companies have regional headquarters or operating centres here. • Underpinning Australia’s success is the strength of its economy and its pool of highly skilled people from around the world. Australians are undertaking groundbreaking research, developing new products and providing sophisticated services to regional and global markets. (Source: Business Attraction Guide Gold Coast City Council 08)
Why Invest in Australia? Australia’s Competitive Edge • Australia’s increasing appeal as an investment destination is evident by the 90 per cent increase in the stock of foreign direct investment in the country over the past five years. The Australian Government has worked closely with local business organisations and international agencies over many years to help make Australia an attractive place to invest. • Mining and agriculture remain vital to the economy, but Australia has been transformed in the past decade. Services now account for nearly 80 per cent of gross domestic product, and the country is making a mark in new fields such as health sciences and nanotechnology. (Source: Business Attraction Guide Gold Coast City Council 08)
Disclaimer • JJJ Realty Pty Ltd does not provide advice on investments. All interested parties must rely on their own research before making any investment decision and should seek advice from a qualified Financial Planner or similar professional. • The information contained within this document has been compiled from various sources to assist you in conducting your due-diligence. Please ensure you validate all information contained within this document. All sources for information contained within this Property Summary will be disclosed at your request. • JJJ Realty Pty Ltd will not accept responsibility for inaccurate information provided from external sources or third parties. As part of your due-diligence, it is the Purchaser’s responsibility to seek a legal opinion of the contract and any additional terms or clauses. • You must adhere to the terms, conditions and subject clauses contained within the contract of sale.
What about the Gold Coast? • The Gold Coast Region contains a 40 kilometre urban costal strip from Coomera to Tweed Heads. It is Australia’s most popular tourist destination and in addition to the magnificent surfing beaches it enjoys spectacular National Park scenery in the Hinterland Mountains. • The City spans across 1402 square kilometres (approximately 541 square miles), featuring 70 kilometres of coastline from South Stradbroke Island to Rainbow Bay. • In 1998, research highlighted that Gold Coast City is the most biologically-diverse city in Australia. Its vegetation ranges from mountain rainforest to coastal wetlands. (Source: www.goldcoast.qld.gov.au/)
Attractions and Features • Gold Coast City is a dynamic city with a wide variety of built and natural attractions including: • 70 kilometres of beaches with an average water temperature of 22 degrees • a large broadwater and five major river systems • major shopping centres as well as numerous boutiques, specialty shops and markets • more than 500 restaurants and cafes offering cuisine from around the world • wildlife parks such as Currumbin Wildlife Sanctuary, and theme parks including: Warner Bros Movie World, Sea World, Dreamworld and Wet ‘n’ Wild (Source: www.goldcoast.qld.gov.au/ )
Attractions and Features (cont) • rural hinterland stretching to the west and north of the City encompassing many natural wetlands • tropical rainforest with abundant wildlife and numerous bush walks • large sugar cane farms and a wealth of industry in the northern districts of the City • world-class sporting and recreational facilities • a huge range of accommodation from five-star international resorts to camping grounds (Source: www.goldcoast.qld.gov.au/ )
Population and predicted Growth • Estimated Resident Population • As at 30 June 2007, the estimated resident population of the Gold Coast region was 524,654 persons, representing 12.5 per cent of the State's population. • The annual average rate of change in population in the Gold Coast region between 30 June 2002 and 30 June 2007 was 3.5 per cent, compared with 2.4 per cent for the State. • Future Trends • Population projections published by the Department of Local Government and Planning in 2006 indicate that the population of the Gold Coast region will increase from 423,719 in 2001 to 762,523 in 2026. • The annual average growth rate between 2001 and 2026 in the Gold Coast region is projected to be 2.4 per cent. (Source: www.goldcoast.qld.gov.au/ )
Transport - Airports • The region is serviced by Gold Coast International Airport, with frequent domestic services from Melbourne, Sydney, Adelaide and Hobart, and International services from New Zealand, Japan and Asia. • Brisbane’s International Airport also provides links with the USA and Europe as well as many other destinations around the world. • Gold Coast Airport is currently undergoing a $100,000,000 refurbishment, which will position it as the South Pacific’s leading leisure destination. A rail link and Pacific Motorway connects the Brisbane airport to the Gold Coast.
Disclaimer • JJJ Realty Pty Ltd does not provide advice on investments. All interested parties must rely on their own research before making any investment decision and should seek advice from a qualified Financial Planner or similar professional. • The information contained within this document has been compiled from various sources to assist you in conducting your due-diligence. Please ensure you validate all information contained within this document. All sources for information contained within this Property Summary will be disclosed at your request. • JJJ Realty Pty Ltd will not accept responsibility for inaccurate information provided from external sources or third parties. As part of your due-diligence, it is the Purchaser’s responsibility to seek a legal opinion of the contract and any additional terms or clauses. • You must adhere to the terms, conditions and subject clauses contained within the contract of sale.
Business investment in Robina • Population growth figures for 2006 show that Robina averaged 2.3% growth, which is higher than the Brisbane statistical division average of 1.5%1. The Robina central area is an emerging key regional centre. It encompasses a business community which will increasingly become a future international business precinct2. • Robina Town Centre sits at the heart of this strategically planned region and integrates into the local community on many levels, providing the nucleus for various residential, business and community facilities. Robina Town Centre is currently undergoing a $300,000,000 multi stage expansion3. • Robina Town Centre sits just on the border of Varsity Lakes (Delfin Lend Lease project). Varsity Lakes is an ongoing development and one of the fastest growing communities near Robina, it is due for completion in 2010. It is estimated that Varsity Lakes will become home to 7,800 residents and over 4,500 employees when complete. Research has shown that the ongoing development in both Robina and Varsity Lakes will see the area become the second largest commercial precinct on the Gold Coast4.
Business investment in Robina (cont.) • Robina is renowned for being a family friendly community with more than 100 parks linked by walkways and jogging tracks. All levels of education are catered for, with the world leading Bond University, the second largest public school in Queensland, and some of the best private schools in Australia5. Add to this a public hospital, modern community centre and auditorium, art gallery and library, and you have a completely integrated community. • Robina to Varsity Lakes Rail Extension Project South East Queensland is the fastest growing region in Australia and the Queensland Government is ensuring our infrastructure keeps pace with the population growth.
Business investment in Robina (cont.) • In addition to the expansion of Robina Town Centre there are a number of projects the Queensland Government and Robina Land Corp have recently undertaken or have committed to in the local area. These include; • $267,000,000 Robina Hospital Upgrades • $26,000,000 QAS and emergency services • $75,000,000 Queensland Rail • $160,000,000 Titans Sports Stadium • In total the Government and Robina Land Corp have committed to spending over $1.1 billion in the region
Sources 1. Marketing Assessment Study 2006, Urbec Consultants Pty Ltd2. www.goldcoast.qld.gov.au3. www.qicre.com.au/robina.cfm 4. www.varsitylakes.com.au5. www.robina.com.auOther Sources 6. ABS National Regional Profile, Robina 20067. www.goldcoast.qld.gov.au (Social Profile – An Overview)8. ABS 3218.0 Regional Population Growth 2005/06
Disclaimer • JJJ Realty Pty Ltd does not provide advice on investments. All interested parties must rely on their own research before making any investment decision and should seek advice from a qualified Financial Planner or similar professional. • The information contained within this document has been compiled from various sources to assist you in conducting your due-diligence. Please ensure you validate all information contained within this document. All sources for information contained within this Property Summary will be disclosed at your request. • JJJ Realty Pty Ltd will not accept responsibility for inaccurate information provided from external sources or third parties. As part of your due-diligence, it is the Purchaser’s responsibility to seek a legal opinion of the contract and any additional terms or clauses. • You must adhere to the terms, conditions and subject clauses contained within the contract of sale.
Investment in Sollie’s Court • Sollie’s Court is the investment product available to you today. • The development is located at 84 Casua Drive, Varsity Lakes. • Located just 5 minutes from Robina Town Centre and 5 minutes from the major arterial highway north to Brisbane (80km). • The development was completed 12 months ago and there are currently three units still available. • Current tenants include a motivational speakers head office, a hairdresser supplies store, Chinese food preparation, crystal importer and wholesaler and a fashion design and production school. • The developers persistence over the type of tenant he would like in the development has to date been a very positive influence on the development and should maintain the comparatively higher prices. • The development has been developed high up off the street and above the council flood lines. It has been constructed using ‘Tilt Slab construction’ and each of the units include a concrete mezzanine area. Each of the remaining units contain between 3 and 5 car spaces. While these additions do come as additional cost it is this type of additional cost to a project that you notice when you compare it to the cheaper alternatives in the area.
Investment in Sollie’s Court (cont.) • The location of the development is ideally situated to take advantage of the upcoming train service that will link the very Southern Gold Coast with Brisbane. • The Robina to Varsity Lakes Rail Extension Project is part of the government’s South East Queensland Infrastructure Plan and Program 2007-2026. This is an $82 billion, 20 year plan to manage growth and protect our lifestyle. The rail line is to be extended 4.1 km from Robina to Varsity Lakes and a new station built at Varsity Lakes. Completion is expected by 2010. • The new station will include: 300 car parking spaces, 6 bus bays, 10 taxi bays, pick up and drop off facilities. • The development is adjacent to where the local station is to be built. The new station will ensure that Sollie’s Court is easily accessed by all and that is in a highly visible location.
Investment in Sollie’s Court (cont.) • While the current market may be facing some difficulties in both rental and capital growth when the property growth cycle begins again this project is ideally suited to take advantage of it. • It is the proximity of Sollie’s Court to the train the highway and Robina Town Centre that affords this project such capital growth potential.
About JJJ Realty • JJJ Realty is a boutique real estate agency that was established in 2006 as a family real estate company to take advantage of the abilities of Johanna Tillotson. Jo’s experience in the industry lead her to believe that there was a better alternative to approaching the acquisition and sale of Real Estate. For years Jo had worked to the traditional formula of gaining as many listings as possible and waiting for purchasers to contact her. While this method is tried and tested it rarely affords the agents the time or concentration to ensure that the parties involved receive the best service and support available. JJJ Realty was established with the philosophy that a smaller number of qualitylistings would allow the agents to develop a sale that would produce a win – win –win scenario between the seller the buyer and the agency. As JJJ Realty has grown it is this mentality that has formed the basis of its corporate culture.
Who to Contact – Jo Tillotson • Jo is the prominent selling agent with JJJ Realty and it was her understanding of the market that was the catalyst to start JJJ Realty • Jo has over 20 years experience in Real Estate with much of this being hands on in the Gold Coast • Jo has also worked with international agencies that have sold Gold Coast Real Estate. From this experience she knows what the international investor or Australian expatriate is looking for. • Her dedication to real estate has seen her develop a reputation that many other agents would envy. Other agents call for her assistance in tough times, many purchasers have now become lifelong friends, previous sellers refuse to use other agents and recently even a conveyancing solicitor recommend her ser services to a developer he knows. • It is the commitment she shows to each sale that has allowed for her to develop such an outstanding reputation.
Who to Contact – Geoff Noble • Geoff is a pilot with Emirates Airline and is based in Dubai. • Geoff has long been associated with John and Jo Tillotson of JJJ realty. • Geoff is working with JJJ Realty to assist in providing you with the opportunity to invest in Gold Coast Real Estate. • Geoff has a thorough understanding of the Gold Coast with both himself and his family living on the Coast in the past. • Geoff has been successful in the investments he has made in property on the Gold Coast and is always happy to answer any questions you may have.
Who to Contact – John Tillotoson • John has recently joined JJJ Realty after a long career as a pilot and simulator instructor • He has held various instructor roles and prior to his this had worked as a pilot with Ansett in Australia and Singapore Airlines • Now semi retired John is working with JJJ Realty to keep himself occupied and to assist other airline staff find quality real estate investments on the Gold Coast • During his career as a pilot John was able to take advantage of Jo’s role in Real Estate to ensure that he was able to find quality real estate investments. • John is now working as a real estate agent to offer you the same opportunity that existed for him. • He recognises the difficulty that exists in finding quality real estate investments to fulfil the direct property component of your investment portfolio, whilst living abroad.
Who to Contact – Jo Tillotson • Jo is the prominent selling agent with JJJ Realty and it was her understanding of the market that was the catalyst to start JJJ Realty • Jo has over 20 years experience in Real Estate with much of this being hands on in the Gold Coast • Jo has also worked with international agencies that have sold Gold Coast Real Estate. From this experience she knows what the international investor or Australian expatriate is looking for. • Her dedication to real estate has seen her develop a reputation that many other agents would envy. Other agents call for her assistance in tough times, many purchasers have now become lifelong friends, previous sellers refuse to use other agents and recently even a conveyancing solicitor recommend her ser services to a developer he knows. • It is the commitment she shows to each sale that has allowed for her to develop such an outstanding reputation.
Contacts • Dubai • Geoff Noble • Phone • email • Australia • Jo Tillotson • +614 1205 2560 • jo@jjjrealty.com.au • John Tillotson • +614 1584 9101 • info@jjjrealty.com.au
Disclaimer • JJJ Realty Pty Ltd does not provide advice on investments. All interested parties must rely on their own research before making any investment decision and should seek advice from a qualified Financial Planner or similar professional. • The information contained within this document has been compiled from various sources to assist you in conducting your due-diligence. Please ensure you validate all information contained within this document. All sources for information contained within this Property Summary will be disclosed at your request. • JJJ Realty Pty Ltd will not accept responsibility for inaccurate information provided from external sources or third parties. As part of your due-diligence, it is the Purchaser’s responsibility to seek a legal opinion of the contract and any additional terms or clauses. • You must adhere to the terms, conditions and subject clauses contained within the contract of sale.