110-114 mimosa road€¦ · security car park and breezy access to every imaginable local amenity,...

110-114 MIMOSA ROAD

CARNEGIE

Grasp the Good life at CarneGie’s inspirinG new apartment development mimosa apartments

WELCOME

MIMOSA APARTMENTS

02

3D ARTIST IMPRESSION

VIEW FROM MIMOSA ROAD

03

A selection of 50 two and three-bedroom residences awaits, flush with architectural

highlights and in the heart of Melbourne’s sought-after south-east. Spread over four levels

and with an extensive features list including courtyards and balconies, an underground

security car park and breezy access to every imaginable local amenity, this offering from

one of Australia’s most reputable developers is destined to delight.

DESIRE HAS A NEW FACE


OPEN PLAN LIVING AREA

05

Endowed with simple yet striking design elements both inside and out,

Mimosa Apartments are the definitive example of picture perfect living.

Oak timber flooring sets the tone throughout the open plan living and dining areas,

which open onto generous balconies and courtyards and offer tree-lined views of the surrounding area.

The living zones also take in large kitchens, which feature stunning black cabinetry and

appliances, including a fully integrated dishwasher.

OPEN PLAN AND FILLED WITH FEATURES


BATHROOM | ENSUITE

08The bathrooms are an eye-catching retreat, with a hexagon mosaic feature wall,

wall-mounted vanity unit and accompanying smoke mirror, as well as a frameless shower screen.

Oak Timber Flooring Throughout

2 Pac Satin Finish Kitchen Cabinetry

Sleek, Matte Stone Benchtop

Smoke Mirror Splashback

Pull Out Kitchen Mixer Spray In Black And Chrome

Double Bowl Undermount Kitchen Sink With 2X Waste Outlet

Black Appliances

Hexagon Mosaic Feature Wall In Bathroom

Wall Mount Vanity Unit With 2 Pac Black Finish

Frameless Mirror Cabinets In Bathroom

Carpet In Bedroom

Frameless Mirrored Cabinets in Bedroom With Pull Down Hydraulic Hangers

Pull Out Shoe Rack

Secured Basement Carpark

Heating / Cooling Air Conditioning System

Security Entrace

speCifiCations


AL FRESCO

10

Nothing has been missed in the bedrooms, either, with durable carpet and frameless

mirrored robes with pull-down hydraulic hangers and a pullout shoe rack.3D ARTIST IMPRESSION

BEDROOM

11

MARQUEE 15-17 Manchester Grove, Glen Huntly328 NEERIM 328-334 Neerim Road, Carnegie

LINEAR VIEWS 4 Kitmont Street, Murrumbeena

18 TRANMERE 16-18 Tranmere Avenue, Carnegie 25 TRUgANINI 21-25 Truganini Road, Carnegie

ETNA JAMES 14-16 Etna Street, Glen Huntly

MIMOSA IS PROUDLy DEVELOPED By STELLER

THE DEVELOPERS, BUILDERS AND

MARKETING TEAM BEHIND:

proUdlY developed BY steller

BALACLAVA RD

GLEN EIRA RD

OR

RO

NG

RD

NORTH RD

BAY ST

CENTRE

RD

DENDY ST

KO

OY

ON

G R

D

HA

WT

HO

RN

RD

MCKINNON RD

TH

OM

AS

ST

PATTERSON RD

GR

AN

GE

RD

MU

RR

UM

BE

EN

A R

D

WAVERLEY RD

MA

LVER

N R

D

DA

RL

ING

RD

KO

OR

NA

NG

RD

PO

AT

H R

D

WA

RR

IGA

L R

D

NEERIM RD

BALACLAVA

RIPPONLEA

ELSTERNWICK

MIDDLE BRIGHTON

BRIGHTON BEACH

CAULFIELD

GLEN HUNTLY

ORMOND

MCKINNON

GARDENVALE

NORTH BRIGHTON

BENTLEIGH

PATTERSON

MOORABBIN

HIGHETT

CARNEGIE

DARLING

EAST MALVERN

HOLMESGLEN

OAKLEIGH

NE

PE

AN

HW

Y

PRINCES HWY

GLENHUNTLY RD

WAVERLEY RD

JAS

PE

R R

D

MO

NA

SH

FW

Y

BA

RK

LY

ST

SOUTH RD

BAY RD

HA

MP

TO

N S

T

HIGHETT RD

NEPEA

N H

WY

WA

RR

IGA

L R

D

CHADSTONESHOPPING CENTRE

CAULFIELDRACECOURSE

3

2

1

69

10

11

5

4

13

12

17

1615

14

181920

21

2223

24

7 8

Acacia

Marquee

Etna James

Mimosa

25 Truganini

339 Neerim

328 Neerim

332 Neerim

18 Tranmere

Linear Views

125 Poath Rd

66 Bent

Leigh

2125 Nicholson

Forty One Mavho

33 Loranne

2426 Mavho

3 Faulkner

451 South Road

Vdara

11 Central Avenue

477 Highett

HM

19 Hall

01

02

03

04

05

06

07

08

09

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

THE DEVELOPER

STELLER

PAST AND CURRENT PROJECTS

STELLER

13 14

MIM

OSA

R

D

OR

MO

ND

GL

EN

HU

NT

LY

CARNEGIE

MURRUMBEENA

HUGHESDALE

EAST M

ALV

ERN

CAULFIELD

TO FRANKSTON

MONASHCAULFIELD

WAVERLEY RD

GR

AN

GE

RD

JA

SP

ER

RD

GLENHUNTLY RD

NEERIM RD

ROSSTOWN RD

OAKLEIGH RD

LEILA RD

BU

RK

E R

D

CHADSTONESHOPPING

CENTRE

DANDENONG RD

KANGAROO RD

NEERIM RD

KO

OR

NA

NG

RD

DA

RL

ING

RD

MU

RR

UM

BE

EN

A R

D

PO

AT

H R

D

CH

AD

ST

ON

E R

D

MONASH FWY

BE

LG

RA

VE

RD

MA

LVER

N R

D

CAULFIELD RACECOURSE

TRAM 3TO CITY

TRAM 67TO CITY

TO FLINDERS

TO PAKENHAM

LOCATION MAP

110 - 114 MIMOSA ROAD

15

When your neighbourhood shops are the largest

shopping centre in the southern hemisphere,

a significant lifestyle opportunity beckons.

Chadstone Shopping Centre is just less than ten

minute drive from Mimosa Apartments,

placing hundreds of retail outlets, department

stores, cinemas and other entertainment

all at your fingertips.

Closer to home you’ll find a divine selection of

cosmopolitan eateries, including Huff Bagelry,

The Nude Duck Café, The Rosstown Hotel,

Paradai Thai and a recently launched

gourmet Italian restaurant, Basilico.

Open spaces abound, with Mimosa Road running

directly through RM Lord Park, Lord Reserve and

Koornang Park, which are home to Carnegie Swim

Centre, Carnegie Cricket Club and Glen Eira Junior

Soccer Club. Racing enthusiasts will relish the

proximity to Caulfield Racecourse, while Melbourne’s

elite sandbelt golf courses – Huntingdale,

Commonwealth and yarra yarra are just 7km away.

a shoppinGwonderland

LIFESTyLE

WHAT’S AROUND THE CORNER

18

01 Monash University Caulfield Campus | 02 Glenhuntly Road Shops

03 Koornang Park | 04 Carnegie Fresh Market | 05 Huff Bagelry

06 Koornang Road Eateries | 07 Chadstone Shopping Centre

08 Carnegie Library | 09 Carnegie Train Station | 10 E Caulfield Recreation Reserve

04

09

01 0602 07

03

05

10

08

Carnegie ranks among the top 100 most livable suburbs in Melbourne.

Source: Deloitte

Units in Carnegie are among Melbourne’s most desirable, helping to drive average annual capital growth of 6.79%

Source: CoreLogic

Rental properties are in huge demand in Carnegie, with more than 40% of residents currently renting, compared with just 26.5% across Greater Melbourne.

Source: Australian Bureau of Statistics

Almost half of Carnegie’s population is aged between 20 and 44 – considered the prime age range for renting.

Source: Australian Bureau of Statistics

The City of Glen Eira will enjoy significant renewal in 2016, with projects including:

• The removal of two Carnegie railway level crossings and another at neighbouring Murrumbeena

• $32.1 million in local infrastructure upgrades

• Improvements to at least eight local parks and open spaces

Despite being outside the inner-city, Carnegie’s public transport links and easily accessible shops help it achieve a Walkscore of 75, making it Melbourne’s 46th most walkable neighbourhood. Almost every daily task is achievable on foot.

Source: Walkscore

Carnegie unit owners enjoy consistently high returns on their properties and rental yields averaging an impressive 4.14%.

Source: yourinvestmentpropertymag.com.au and realestateinvestar.com.au

Demand for well-located suburban homes is expected to see Carnegie’s population swell by more than 5000 residents over the next 20 years - from just over 18,000 in 2016 to more than 23,200 in 2036

Source: id.com.au

Chadstone Shopping Centre, which is currently undergoing a $580 million expansion, is home to more than 500 shops, supermarkets, entertainment destinations and department stores.

Carnegie attracts a large white-collar working demographic, with almost half of its residents employed as managers and professionals.

100

10reasonswhY YoU shoUld invest in CarneGie

6.79%40.3% 48%

2016

75

4.14%5000500+ 500+

10 REASONS TO INVEST

IN CARNEGIE

20

01LIVABILITy

04CAPITAL GROWTH

02OCCUPIERS

05DEMOGRAPHICS - AGE

09REGENERATION

03ACCESSIBILITy

08RENTAL yIELDS

07POPULATION

06LIFESTyLE

10OCCUPATION

year1

year1

year2

year2

year5

year5

year8

year8

year3

year3

year6

year6

year9

year9

year4

year4

year7

year7

year10

year10

max. max.

min. min.

$14,000 $17,000

Comparison Year 1 - 10 (max & min) Comparison Year 1 - 10 (max & min)

$12,600 $15,300

$11,200 $13,600

$9,800 $11,900

$8,400 $10,200

$7,000 $8,500

$5,600 $6,800

$4,200 $5,100

$2,800 $3,400

$1,400 $1,700

$0 $0

year1

year1

year2

year2

year5

year5

year8

year8

year3

year3

year6

year6

year9

year9

year4

year4

year7

year7

year10

year10

max. max.

min. min.

$95,000 $116,000

CUmULaTiVe Year 1 - 10 (min & max) CUmULaTiVe Year 1 - 10 (min & max)

$85,000 $104,400

$76,000 $92,800

$66,500 $81,200

$57,000 $69,600

$47,500 $58,000

$38,000 $46,400

$28,500 $34,800

$19,000 $23,200

$9,500 $11,600

$0 $0

year

1

2

3

4

5

6

7

8

9

10

11+

Total

year

1

2

3

4

5

6

7

8

9

10

11+

Total

Plant & Equipment

$ 7,021

$ 5,140

$ 3,772

$ 3,040

$ 2,419

$ 1,768

$ 1 ,692

$ 1,330

$ 1,141

$ 74 1

$ 2,323

$ 30,387

Plant & Equipment

$ 7,863

$ 5,981

$ 4,354

$ 3,454

$ 2,716

$ 1,991

$ 1 ,865

$ 1,497

$ 1,021

$ 972

$ 2,949

$ 34,663

Total

$ 1 3,695

$ 1 1 ,814

$ 1 0,446

$ 9,7 14

$ 9,093

$ 8,442

$ 8,366

$ 8,004

$ 7, 815

$ 7, 415

$202,524

$297,328

Total

$ 1 6,278

$ 14,396

$ 1 2,769

$ 1 1,869

$ 1 1,131

$ 10,406

$ 10,280

$ 9,912

$ 9,436

$ 9,387

$255,400

$371,264

Division 43

$ 6,674

$ 6,674

$ 6,674

$ 6,674

$ 6,674

$ 6,674

$ 6,674

$ 6,674

$ 6,674

$ 6,674

$200,201

$266,941

Division 43

$ 8,415

$ 8,415

$ 8,415

$ 8,415

$ 8,415

$ 8,415

$ 8,415

$ 8,415

$ 8,415

$ 8,415

$252,451

$336,601

maximUm maximUm

year

1

2

3

4

5

6

7

8

9

10

11+

Total

year

1

2

3

4

5

6

7

8

9

10

11+

Total

Plant & Equipment

$ 5,745

$ 4,206

$ 3,086

$ 2,488

$ 1,979

$ 1 ,446

$ 1 ,384

$ 1,088

$ 933

$ 607

$ 1 ,901

$ 24,863

Plant & Equipment

$ 6,433

$ 4,893

$ 3,562

$ 2,826

$ 2,222

$ 1 ,629

$ 1 ,526

$ 1,225

$ 835

$ 796

$ 2,413

$ 28,360

Total

$ 11,205

$ 9,666

$ 8,546

$ 7,948

$ 7,439

$ 6,906

$ 6,844

$ 6,548

$ 6,393

$ 6,067

$ 165,702

$243,264

Total

$ 13,318

$ 11,778

$ 10,447

$ 9,711

$ 9,107

$ 8,514

$ 8,411

$ 8,110

$ 7,720

$ 7,681

$ 208,964

$ 303,761

Division 43

$ 5,460

$ 5,460

$ 5,460

$ 5,460

$ 5,460

$ 5,460

$ 5,460

$ 5,460

$ 5,460

$ 5,460

$163,801

$218,401

Division 43

$ 6,885

$ 6,885

$ 6,885

$ 6,885

$ 6,885

$ 6,885

$ 6,885

$ 6,885

$ 6,885

$ 6,885

$206,551

$275,401

minimUm minimUm

*assumes settlement on 1 July in any given year

This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type

and date of construction. This estimate is based upon legislation in force at the date of report production.




This esT imaTe C annoT b e Used for TaxaTi on p Urp oses This esT imaTe CannoT be Us ed for TaxaTion pUrposes

Source: BMT Tax Depreciation Quantity Surveyors Source: BMT Tax Depreciation Quantity Surveyors

tYpiCal apartment2 Bedroom + 1 Bathroom


INVESTMENT

DEPRECIATION SCHEDULE

INVESTMENT


2221

year1

year2

year5

year8

year3

year6

year9

year4

year7

year10

max.min.

$20,000

Comparison Year 1 - 10 (max & min)

$18,000

$16,000

$14,000

$12,000

$10,000

$8,000

$6,000

$4,000

$2,000

$0

year1

year2

year5

year8

year3

year6

year9

year4

year7

year10

max.min.

$142,000

CUmULaTiVe Year 1 - 10 (min & max)

$127,800

$113,600

$99,400

$85,200

$71,000

$56,800

$42,600

$28,400

$14,200

$0

year

1

2

3

4

5

6

7

8

9

10

11+

Total

Plant & Equipment

$ 8,513

$ 7,184

$ 5,190

$ 4,049

$ 3,150

$ 2,317

$ 2,112

$ 1,499

$ 1,096

$ 974

$ 4,192

$ 40,276

Total

$ 1 9,090

$ 17,761

$ 1 5,767

$ 14,626

$ 13,727

$ 12,894

$ 12,689

$ 12,076

$ 11,673

$ 11,551

$321,479

$463,333

Division 43

$ 10,577

$ 10,577

$ 10,577

$ 10,577

$ 10,577

$ 10,577

$ 10,577

$ 10,577

$ 10,577

$ 10,577

$317,287

$423,057

maximUm

year

1

2

3

4

5

6

7

8

9

10

11+

Total

Plant & Equipment

$ 6,965

$ 5,878

$ 4,246

$ 3,313

$ 2,578

$ 1 ,895

$ 1 ,728

$ 1,227

$ 896

$ 797

$ 3,430

$ 32,953

Total

$ 15,619

$ 14,532

$ 12,900

$ 11,967

$ 1 1,232

$ 10,549

$ 10,382

$ 9,881

$ 9,550

$ 9,451

$ 263,029

$379,092

Division 43

$ 8,654

$ 8,654

$ 8,654

$ 8,654

$ 8,654

$ 8,654

$ 8,654

$ 8,654

$ 8,654

$ 8,654

$259,599

$346,139

minimUm




This esT imaTe C annoT b e Used for TaxaTi on p Urp oses

Source: BMT Tax Depreciation Quantity Surveyors


INVESTMENT


23

This document has been produced solely for the information of potential purchasers, to assist them in deciding whether they are sufficiently interested in the properties to proceed further. The information contained in this material has been produced in good faith with due care. We do not warrant the accuracy of any information contained herein and do not accept

liability for negligence, any error or discrepancy, or otherwise in the information. This document may be subject to change without notice.

3D Artist Impression & graphic Publication by ArcticMirage.com.au

PROUDLY DEVELOPED BY

110-114 MIMOSA ROAD . cARNEgIE

WWW.STELLER .cOM.AU

110-114 mimosa road€¦ · security car park and breezy access to every imaginable local amenity,...

Documents