Information Memorandum

34-36 Briens Road, NORTHMEAD NSW 2152

FOR SALE VIA EXPRESSIONS OF INTERESTClosing 3pm (AEDT) Friday 20 November 2015

Redevelopment for 28residential apartments

1. Introduction2. Executive Summary3. Location4. The Property5. DA Summary6. Method of Sale

7. Due Diligence8. Change to the Process9. Expressions of Interest Form10. Annexure One - Plans11. Disclaimer12. Contact Details

Contents

Parramatta CBD

Westmead Hospital

Sydney CBD

34-36 Briens Rd, Northmead

Sydney Olympic Park

1. Introduction

Oproperty Projects is pleased to offer for sale 34-36 Briens Road, Northmead NSW 2152 via Expressions of Interest closing 3 pm Friday the 20th of November 2015.

On offer is a boutique development of 28 residential apartments with underground secure car parking. The site will be sold ‘subject to DA approval’, with approval anticipated in December 2015. The site is centrally located in the well-established suburb of Northmead and is the last remaining site in this precinct.

The property is located in the highly sought after and tightly held suburb of Northmead, 3 km north of Parramatta CDB and 22 km west of the Sydney CBD.

Northmead offers easy access to Parramatta CDB and provides its own bustling neighbourhood, which is well catered for with cafes, restaurants, clubs, shops and the Northmead Shopping Centre. Due to its proximity to Parramatta and ready access to major orbital roads, Northmead is currently undergoing a transformation with a major apartment development close to completion.

2. Executive Summary

The Property 34 & 36 Briens Road, NORTHMEAD NSW 2152

Legal Description 1//DP15342, B//DP320582

Total Site Area 1,182 m2*

Property Description The property consists of two (2) residential houses of regular shape lots totaling a site area of 1,182 m2.*

The property is north facing and has a street frontage to Briens Road.

Location Property offers easy access to Parramatta CBD and an abundance of amenities within 1km of the property.

- Westmead Hospital- Northmead Public School- Northmead High School- Various Child Care and Day Care Centres- Jetts Gym- Northmead Plaza- Bunnings- The Junction- Northmead Bowling Club

This central location and key infrastructure ensures a keen interest from residential and commercial investors.

Method of Sale The Property is offered For Sale via Expressions of Interest

Due Diligence All project documentation will be made available via a shared data file. You will need to contact agents to receive your access to this data file.

DA Approval Summary DA Expected December 2015

Settlement Settlement will be subject to DA Approval granted by Parramatta City Council and it is expected the settlement period would be after this. Some terms may be considered.

* Approximately

3. Location

34-36 Briens Road, Northmead is located in the local government area of the City of Parramatta. Northmead is a part of the Greater Western Sydney region.

Northmead is a hilly suburb with low to medium density houses, townhouses and apartment build-ings, and a large light industrial area. There are two commercial areas, Northmead Shopping Centre is located at 2 Campbell St, corner of Windsor Rd and features an IGA supermarket and many spe-cialty shops. The Junction shops are located on the corner of Briens Rd and Windsor Rd and feature a number of retailers for home furnishing, hardware, car accessories, office supplies, electricals and food outlets.

Parramatta CBD is only a stone’s throw away and is a major business district in the metropolitan area of Sydney. Major upgrades have occurred in recent years around the Parramatta railway station with the creation of a new transport interchange.

LifestyleNatureMinutes to Lake Parramatta & Parramatta Park, providing wonderful outdoor lifestyle opportunities. Whether you feel like soaking up the sun in lush parklands, enjoying a coffee or appreciating a long Sunday bushwalk, there’s something for everyone to enjoy. Sydney Olympic Park is only a 16 minute drive where there are extensive parks and plenty to explore.

LeisureEnjoy access to Jetts Gym, just around the corner. Rosehill Gardens Race Course, Sydney Speedway and Pirtek Stadium are all in close proximity. Support your local football team or satisfy your need for speed.

Visit Eat Street, Parramatta’s most popular eating hub. Enjoy the buzz of alfresco streetside dining and the wide selection of international cuisine on offer; Italian, Mediterranean, Chinese, Thai - you’ll find it all here on Eat Street.

TransportAccess excellent bus transport from Windsor Road and Briens Road, into Parrramatta. For city commuters there is easy access to arterial roads including the m4 and m2, both less than 10 minutes away. Train services can be accessed either from Westmead or Pararamatta.

Schools34-36 Briens Road is surrounded by excellent educational facilities. Easy access to University of Western Sydney and Northmead Public School, Northmead CAPA High School and St Monica’s Primary School are all within walking distance. Nearby are private schools such as The King’s School and Tara Anglican School for Girls with many more private schools options also accessible in Parramatta.

ShoppingVenture to Westfield Parramatta or Castle Towers, where you’ll find excellent retail shops, cinemas and restaurants. You’ll also find all the essentials at nearby Winston Hills Mall, Northmead Shopping Centre or Stockland Baulkham Hills.

Health ServicesWestmead Hospital & Westmead Children’s Hospital along with Westmead Private Hospital is just a 6-minute drive. Westmead has many speacialist services, adjacent to the hospital.

4. The Property

Overview This site is an amalgamation of two (2) adjoining lots. The lots contain two (2) detached dwellings.

The site is located on the southern side of Briens Road, is almost square in shape and is approximately 1,182sqm.

The site is adjoined by residential units to the eastern and southern boundaries. The western boundary has commercial at ground level with 2 storey residential above.

Title Details 34 Briens Road - LOT 1 in DP 1534236 Briens Road - LOT B in DP320582

Total Site Area Total - 1,182 m2*

Property Dimensions Road Frontage - 32 m*East Boundary - 37 m*South Boundary - 28 m*West Boundary - 38 m* * Approximately

Town Planning Zone: B4 Mixed use

4. The Property 5. DA Summary

Level 1 BED 2 BED

Ground 2 5

Level 1 2 6

Level 2 2 6

Level 3 0 5

Total 6 22

Percentage (%) 21% 79%

A Development Application has been lodged seeking consent from Parramatta City Council for the demolition of the existing two (2) single storey dwellings and the construction of a four (4) level residential flat building with two (2) levels of basement parking.

Specifically it proposes twenty eight (28) units and two (2) basement parking levels. The mix of units proposed is 6 x 1 bedroom and 22 x 2 bedroom apartments.

6. Method of Sale34-36 Briens Road, NORTHMEAD NSW 2152 is being offered for Sale via Expressions of Interest.Closing 3pm (AEDT) Friday 20 November 2015. An EOI lodgement form is included in this report.

8. Change to the ProcessThe Vendor reserves the right to reject anyoffer without limitation. The Vendor may, in its absolute discretion, suspend or vary the sale process, negotiate with any party who submits or with any other person, enter into a binding contract with any party at any time before or after the closing date and/or, at any time prior to exchange of binding contract, may withdraw the property from sale. For further information regarding the sale process, please refer to the Disclaimer.

7. Due DiligenceAll documentation utilised as part of the Development Application process is available via data link.

For a copy of the contract, access to data link or to arrange an inspection, please contact the exclusive selling agent:

Peter Gow T | +61 2 8840 8880 M | +61 447 69 99 43 E | peter.gow@oproperty.com.au

9. Expressions of Interest

Expressions of Interest Form34-36 Briens Road, NORTHMEAD NSW 2152

PURCHASER

Company Name:

ABN/ACN:

Address:

Contact Name:

Status (private company, listed company, trust etc):

Particulars of Directors and Shareholders:

Phone: Facsimile:

Email:

PURCHASER’S SOLICITOR

Name:

Address:

Attention:

Phone: Facsimile:

Email:

Proposed Funding Arrangements:

Details of Internal Authorisation and Consents:

9. Expressions of Interest

Expressions of Interest Form (continued)34-36 Briens Road, NORTHMEAD NSW 2152

Offer:

AUD $

(In Words)

Proposed Settlement Period

Conditions of Purchase (if any): (Attach separate sheet if necessary)

Signature:

Name:

Company Name:

Date:

Contact:

As noted in the ‘Method of Sale’ of the Information Memorandum, pleases see below Expressions of Interest details. Oproperty Projects is seeking Expressions of Interest from parties interested in the offering closing 3pm AEDT Friday 20 November 2015.

No Obligation to Accept Expression of InterestThe Vendor may, at its absolute discretion, specifically reserve the following rights:- Extend the closing date- Exchange unconditional contract with a successful purchaser- Grant an exclusive dealing, or due diligence period to a preferred purchaser at any time before or after the closing date- Grant an exclusive dealing, or due diligence period to a short listed group of preferred purchasers at any time before or after the closing date.- Not accept an Expression of Interest.

Not withstanding any of the above, the Vendor reserves the right to enter into an agreement for sale at any time prior to the close of Expressions of Interest.

10. Annexure OnePlans - Sub-Basement

10. Annexure OnePlans - Basement

10. Annexure OnePlans - Ground Floor

10. Annexure OnePlans - First Floor

10. Annexure OnePlans - Second Floor

10. Annexure OnePlans - Roof Top

11. Disclaimer

DISCLAIMER: The material herein is intended as a guide only, no liability for negligence or otherwise is as-sumed for the material contained herein either by Oproperty Pty Ltd (including its related bodies corporate), its principal or its servants or agents. No material contained herein shall form the basis of or be part of any agreement and no warranty is given or implied as to the accuracy of the whole or any part of the material. Prospective purchasers should not only rely on the material but should make their own enquiries and satisfy themselves as to the accuracy of all aspects of the material. Any liability by Oproperty Pty Ltd, its principal, its servants or its agents in any way connected with the schedule, whether or not such liability results from or involves negligence, will not exceed $1,000.

Oproperty Projects43 / 8 Avenue of the Americas, NEWINGTON NSW 2127www.opropertyprojects.com.au

Peter GowP: +61 2 8840 8880M: +61 447 699 943 E: peter.gow@oproperty.com.au

12. Contact Details