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INGENIA COMMUNITIES GROUP — Management Reports 2016
Feb 22, 2016
65125_rns_2016-02-22_25e1a68a-b131-412a-b3bb-efd815726509.pdf
Management Reports
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LAKE CONJOLA – Lake Conjola, NSW
Located on 21 hectares on the NSW South Coast, the established mixed use Park is in a prime lake front location approximately three hours south of Sydney. The Park is recognised as the premier tourist park on the NSW South Coast, providing an excellent seed asset for Ingenia’s identified Southern NSW cluster. Since acquisition, Ingenia has added additional tourism cabins.
Asset Strategy
There is an immediate opportunity to expand the annual and tourism offering as well as potential to add a sizeable permanent living precinct (subject to approvals). Existing land is available for 14 annual and tourist sites and approvals are in place for a further 75 sites on vacant land. Utilising additional vacant land could incorporate upwards of 100 new homes.
Acquired September 2015 Title Freehold Site area 21 hectares No. sites (permanent) N/A No. sites (short-term) 97 Annual sites 278 Dev. sites 135 (STA)
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ETTALONG BEACH - Ettalong Beach, NSW
The idyllic Central Coast in the seaside village of Ettalong, Active Lifestyle Estates Ettalong Beach is located just 300 metres from the beach within the Gosford region. Ettalong Beach is approximately one hour’s drive from Sydney and four kilometres from Woy Woy. Facilities include a resort style swimming pool and community centre.
Asset Strategy
Since acquisition Ingenia has converted tourism sites and vacant land to 31 new permanent home sites, creating a dedicated permanent living village with new facilities completed in mid 2015.
Acquired April 2013 Title Leasehold (to June 2029) Site area 3.1 hectares No. sites (permanent) 116 No. sites (short-term) N/A Annual sites N/A
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HUNTER VALLEY - Cessnock, NSW
Active Lifestyle Estates & Holidays Hunter Valley (formerly BIG4 Valley Vineyard) is a mixed use community providing a range of shortterm accommodation. Located in the Hunter Valley, the community includes a community room, jumping pillow, pool and spa as well as a campers kitchen and barbeque areas.
Asset Strategy
Ingenia’s focus is currently on the addition of new DA approved permanent homes as part of a development which will add new homes along with upgraded facilities. See page 38 for further information.
Acquired February 2014 Title Freehold Site area 4 hectares No. sites (permanent) 14 No. sites (short-term) 65 Annual sites N/A Dev. sites 28 (approved) 32 (STA)
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
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KINGSCLIFF - Kingscliff, NSW
Active Lifestyle Estates & Holidays Kingscliff (formerly known as Drifters Holiday Village), is located between the Tweed River and Kingscliff Beach on 10 acres of green open space. The community includes both permanent homes and short-term accommodation with access to a range of water based leisure activities.
Asset Strategy
Ingenia’s focus is on increasing returns through site upgrades and repositioning within the existing community. Longer term there is potential to add approximately 27 additional sites (subject to approvals).
| Acquired | November 2013 |
|---|---|
| Title | Freehold |
| Site area | 4.1 hectares |
| No. sites (permanent) | 108 |
| No. sites (short-term) | 79 |
| Annual sites | N/A |
| Dev. sites | 27 (STA) |
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LAKE MACQUARIE – Morisset, NSW
Active Lifestyle Estates Lake Macquarie is well located in close proximity to Lake Macquarie and nearby Active Lifestyle Estates The Grange.
The community has recently been expanded with the addition of 32 new homes and a DA has been approved for additional homes.
Asset Strategy
Originally acquired as a mixed use Park, a significant development has added 32 new manufactured homes. The addition of further homes and new community facilities is planned. The development will increase the Park’s rental base and provide significant development returns. See page 36 for further information on the development.
| Acquired | November 2013 |
|---|---|
| Title | Freehold |
| Site area | 2.9 hectares |
| No. sites (permanent) | 73 |
| No. sites (short-term) | N/A |
| Annual sites | N/A |
| Dev. sites | 18 |
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LARA – Lara, VIC
Representing Ingenia’s first lifestyle park investment in Victoria, Active Lifestyle Estates Lara is a partially developed manufactured home community approximately 60 kilometres from Melbourne. The community, which was acquired with 56 sold homes, a further 13 unsold homes and premium community facilities already in place, provides the potential to develop a further 164 homes.
Asset Strategy
Since acquisition Ingenia’s focus has been on commencing a repositioning of the community which includes improving presentation and enhancing new home design while selling down 13 already completed homes. Ingenia plans to complete the development through the addition of the 164 already approved homes, realising development returns while securing further growth in rents.
| Acquired | October 2015 |
|---|---|
| Title | Freehold |
| Site area | 8.3 hectares |
| No. sites (permanent) | 56 |
| No. sites (short-term) | N/A |
| Annual sites | N/A |
| Dev. sites | 174 |
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
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MANNERING PARK, NSW
Active Holidays Lake Macquarie (formerly BIG4 Lake Macquarie) sits on the shores of Lake Macquarie, close to amenities including shopping, dining options and medical facilities. Operating as a mixed use park, the community includes a small number of permanent sites with facilities including a camp kitchen, play area, barbeque and pool. The site is zoned for medium density housing.
Asset Strategy
Ingenia’s focus is maximising returns from the existing operations and continuing to drive high levels of occupancy across the short-term accommodation. Longer term there is potential to enhance returns through selected remixing of the site.
| Acquired | April 2015 |
|---|---|
| Title | Freehold |
| Site area | 3.3 hectares |
| No. sites (permanent) | 11 |
| No. sites (short-term) | 61 |
| Annual sites | 46 |
| Dev. sites | N/A |
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Active Lifestyle Estates Albury
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
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Active Lifestyle Estates Ettalong Beach
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MUDGEE - Mudgee, NSW
Active Lifestyle Estates & Holidays Mudgee (formerly Mudgee Tourist and Van Resort) is located in picturesque Mudgee close to wineries, gourmet food markets and national parks. On 6.8 hectares the community offers a mix of holiday accommodation as well as permanent home sites.
Asset Strategy
Ingenia is currently undertaking a redevelopment which will see new permanent homes added to the site in a new precinct, clearly separated from the tourism component. See page 42 for further information on the development.
Acquired October 2013 Title Freehold Site area 6.8 hectares No. sites (permanent) 27 No. sites (short-term) 65 Annual sites N/A Dev. sites 19 (approved) 12 (STA)
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
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MUDGEE VALLEY - Mudgee, NSW
Active Lifestyle Estates & Holidays Mudgee Valley is located in North West Mudgee, close to the Mudgee Town centre. The community includes both permanent sites and a mix of short-term accommodation, including cabins and caravan and camping sites.
Asset Strategy
Ingenia’s master plan for the site includes the addition of new permanent homes with associated facilities as well as a separation of the permanent living and tourism precincts of this 4.3 hectare site. See page 42 for further information on the development.
Acquired September 2013 Title Freehold Site area 4.3 hectares No. sites (permanent) 26 No. sites (short-term) 46 Annual sites N/A Dev. sites 17 (approved) 60 (STA)
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NEPEAN RIVER - Emu Plains, NSW
Active Lifestyle Estates & Holidays Nepean River is located at the base of the Blue Mountains, close to Penrith and 60 km west of the Sydney CBD. A mixed use community, the Estate provides a range of holiday accommodation as well as permanent homes.
Asset Strategy
Ingenia’s focus is on maximising returns through optimising tourism revenues and the addition of a limited number of new permanent homes.
Acquired August 2013 Title Freehold Site area 3.86 hectares No. sites (permanent) 102 No. sites (short-term) 51 Annual sites N/A Dev. sites 10 (STA)
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NOOSA - Tewantin, QLD
Active Lifestyle Estates & Holidays Noosa (formerly BIG4 Noosa Bougainvillia Holiday Park) is located on the popular Sunshine Coast. The community provides permanent homes and a range of short-term accommodation, including cabins and caravan and camping sites. The 6.5 hectare site includes onsite retail, a freehold petrol station, a cafe and a range of facilities including two swimming pools, jumping castle, games room and camp kitchen.
Asset Strategy
Ingenia’s focus is on optimising returns through effective management and, over time, the potential reconfiguration of the existing tourism offer.
Acquired February 2015 Title Freehold Site area 6.5 hectares No. sites (permanent) 50 No. sites (short-term) 136 Annual sites N/A Dev. sites N/A
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ONE MILE BEACH - One Mile, NSW
Active Holidays One Mile Beach is nestled in 14 acres of native bushland close to Port Stephens and offers a range of short-term accommodation. Located 30 minutes north of Newcastle, this beachfront tourist park includes beach houses, quality cabins, caravan and camping sites and annual sites.
Asset Strategy
The Group is currently progressing plans for a comprehensive refurbishment and upgrade of the park to maximise returns from its beachfront location. This will include conversion of lower yielding camping sites into additional beach houses and cabins and the installation of new premium annual holiday homes.
| Acquired | December 2013 |
|---|---|
| Title | Leasehold |
| Site area | Perpetual – 4.4ha |
| 5.5 hectares | |
| No. sites (permanent) | 1 |
| No. sites (short-term) | 184 |
| Annual sites | 50 |
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ROUSE HILL, NSW
Active Lifestyle Estates Rouse Hill is located in Sydney’s north-western Hills district, within the North-West growth corridor. The surrounding area is experiencing rapid population, infrastructure and services growth with significant private and public investment.
Asset Strategy
The site is zoned for medium density residential. Ingenia is currently investigating the options for converting the park into medium density residential, while maximising residential rental performance, through buying back and renting homes.
| Acquired | June 2014 |
|---|---|
| Title | Freehold |
| Site area | 3.7 hectares |
| No. sites (permanent) | 119 |
| No. sites (short-term) | N/A |
| Annual sites | N/A |
| Dev. sites | 84 (STA) |
(Includes park owned units rented on a standard residential lease)
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SOUTH WEST ROCKS - South West Rocks, NSW
Located in a popular tourist destination on the Mid North Coast of NSW, South West Rocks is a premium mixed use park within the Group's mid north coast cluster. The Park includes both permanent homes and camping as well as caravan and cabin sites and is located about one hours drive from Port Macquarie. Facilities include a camp kitchen and barbeque areas, children’s playground and library.
Asset Strategy
Ingenia plans to add over 50 new homes, which will generate development profits, providing incremental rental as a new homes are sold. In addition, Ingenia will reconfigure the tourism offer to convert lower yielding camp sites to ensuite caravan sites or cabin sites and will invest selectively to improve the accommodation and facilities as part of a repositioning of the Park.
| Acquired | February 2016 |
|---|---|
| Title | Leasehold |
| (to September 2026) | |
| Site area | 9.5 hectares |
| No. sites (permanent) | 57 |
| No. sites (short-term) | 187 |
| Annual sites | 3 |
| Dev. sites | 56 |
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
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STONEY CREEK - Marsden Park, NSW
Active Lifestyle Estates Stoney Creek (formerly Town and Country Estate) sits within the Sydney cluster, in the suburb of Marsden Park. Stoney Creek, which is rapidly being redeveloped, is close to shopping and local amenities in a Local Government Area that is experiencing rapid growth.
Asset Strategy
Ingenia is currently undertaking a significant repositioning, which includes improving the overall amenity of the community, upgrading community facilities and converting tourism and older homes to new affordable housing. See page 29 for further information on the development.
| Acquired | May 2014 |
|---|---|
| Title | Freehold |
| Site area | 12.1 hectares |
| No. sites (permanent) | 157 |
| No. sites (short-term) | N/A |
| Annual sites | N/A |
| Dev. sites | 108 (approved) |
| 37 (STA) |
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Active Holidays BIG4 Lake Macquarie
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
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SUN COUNTRY - Mulwala, NSW
Active Lifestyle Estates & Holidays Sun Country is a long established manufactured home and tourist park located opposite Lake Mulwala, a unique and highly popular holiday and retirement destination for Melbournians. The community includes 200 privately owned annual holiday cabins which provide a strong secure recurrent rental income as they are leased out on a long term basis.
Asset Strategy
Ingenia is progressing plans to build on the site comprising the ability to develop a further 107 sites under existing approvals.
| Acquired | April 2014 |
|---|---|
| Title | Freehold |
| Site area | 17.1 hectares |
| No. sites (permanent) | 37 |
| No. sites (short-term) | 18 |
| Annual sites | 203 |
| Dev. sites | 107 (approved) |
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SYDNEY HILLS - Dural, NSW
Active Lifestyle Estates & Holidays Sydney Hills is located in the Hills district, approximately 30 minutes from the Sydney CBD. A mixed use community with both permanent and short term accommodation, Sydney Hills is conveniently located close to shops and amenities in an area experiencing rapid growth and significant investment.
Asset Strategy
The Estate is one of the closest freehold parks to the Sydney CBD. Ingenia is focused on optimising returns from the existing operations. The Estate is located in a growing residential area which forms part of a planning proposal for rezoning from Rural Landscape to Urban use.
| Acquired | April 2015 |
|---|---|
| Title | Freehold |
| Site area | 4.23 hectares |
| No. sites (permanent) | 61 |
| No. sites (short-term) | 71 |
| Annual sites | N/A |
| Dev. sites | N/A |
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THE GRANGE - Morisset, NSW
Located just 1.5 kilometres from Morisset township, local amenities and the Morisset train station, Active Lifestyle Estates The Grange is a resort style manufactured home estate dedicated to seniors living. The village includes a swimming pool and community centre set within 23 hectares of bushland.
Asset Strategy
Since acquisition, Ingenia has grown returns through the addition of new homes on ‘infill’ sites. A DA has now been lodged for further development on vacant land and new community facilities.
| Acquired | March 2013 |
|---|---|
| Title | Freehold |
| Site area | 8.79 hectares |
| No. sites (permanent) | 152 |
| No. sites (short-term) | N/A |
| Annual sites | N/A |
| Dev. sites | 56 (STA) |
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
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WHITE ALBATROSS - Nambucca Heads, NSW Active Holidays White Albatross (formerly White Albatross Holiday Park) is situated on a prime waterfront location in beautiful coastal surrounds at Nambucca Heads. White Albatross is a large mixed use community which offers permanent living and a range of short-term accommodation as well as facilities including pool, children’s playground, cafe, barbeques and a camp kitchen.
Asset Strategy
Ingenia’s focus is on maintaining the existing operations and driving stronger revenues from short-term accommodation. Longer term there is the potential to enhance returns through reconfiguration of the existing accommodation mix.
Acquired December 2014 Title Freehold Site area 5.34 hectares No. sites (permanent) 135 No. sites (short-term) 165 Annual sites N/A Dev. sites N/A
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WINE COUNTRY - Cessnock, NSW
Active Holidays Cessnock Wine Country is a tourist park located just five kilometres south of Active Lifestyle Estates & Holidays Hunter Valley. The Park offers a range of caravan and camping accommodation and is well located in the Hunter Valley region, with proximity to local attractions.
Asset Strategy
Ingenia’s focus is on optimising returns from the existing operations. Longer term there is the potential to remix the existing offer to include a broader range of short-term accommodation.
Acquired February 2014 Title Freehold Site area 0.9 hectares No. sites (permanent) N/A No. sites (short-term) 45 Annual sites N/A Dev. sites N/A
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Active Holidays One Mile Beach
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
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ACTIVE LIFESTLYE ESTATES CURRENT DEVELOPMENT
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
Development pipeline
| Cluster/Community | Remaining Approved Dev. Sites |
Dev. Sites Requiring Approval |
Total Potential Dev. Sites |
|---|---|---|---|
| Hunter/Newcastle | |||
| One Mile Beach, NSW | – | – | – |
| The Grange, NSW | – | 56 | 56 |
| Lake Macquarie, NSW | 18 | - | 18 |
| Chain ValleyBay, NSW | 48 | – | 48 |
| Hunter Valley, NSW | 28 | 32 | 60 |
| Soldiers Point, NSW | 2 | – | 2 |
| North Coast | |||
| South West Rocks, NSW | 56 | - | 56 |
| Kingsclif, NSW | – | 27 | 27 |
| Central West | |||
| Mudgee, NSW | 19 | 12 | 31 |
| Mudgee Valley, NSW | 17 | 60 | 77 |
| SydneyBasin | |||
| Rouse Hill, NSW | – | 84 | 84 |
| SydneyHills, NSW | – | 15 | 15 |
| StoneyCreek, NSW | 108 | 37 | 145 |
| Nepean River, NSW | – | 10 | 10 |
| South West | |||
| Albury, NSW | 105 | – | 105 |
| Sun Country, NSW | 107 | – | 107 |
| South Coast | |||
| Lake Conjola, NSW | – | 135 | 135 |
| Brisbane | |||
| Bethania, QLD | 86 | 115 | 204 |
| Chambers Pines, QLD | 275 | – | 275 |
| Victoria | |||
| Lara,VIC | 174 | – | 174 |
| TOTAL PORTFOLIO | 1,043 | 583 | 1,626 |
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
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Reservations and contracts in place for 39 homes at 31 December 2015
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New Refurb/DMF Available Homes Under
1 July to 31 December 2015 Settlements Settlements Reserved Contracted Completed Stock Construction
Ettalong Beach – – – – –
3
Ettalong
Lake Macquarie 21 – – 4 1 –
Morisset
Stoney Creek Estate
16 2 11 6 14 10
Marsden Park
Chambers Pines
3 2 1 1 3 16
Chambers Flat
Albury 4 – 4 1 4 1
Lavington
Lara
2 – 4 – 11 –
Lara
Hunter Valley 3 – 1 – 1 7
Cessnock
Chain Valley Bay – – 2 – - 4
Chain Valley Bay
The Grange – – 1 – – –
Morisset
BIG4 Mudgee 1 – – 1 8 1
Mudgee
Mudgee Valley 1 – – – 6 –
Mudgee
Bethania
– – 2 – – 3
Bethania
Subtotal 54 4 26 13 48 42
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- Inclusive of GST
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
ON TRACK TO DELIVER 120 SALES IN FY16
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
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MASTER PLAN
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76
120 280m [2]
190m [2] 75
121 211m [2]
190m [2] 74
190m122 [2] 114 263m100 [2] 212m [2] 73 INDUSTRIAL IN1
123 161m [2] 210m [2] ZONING
197m128 [2] 188m127 [2] 126m126 [2] 189m125 [2] 189m124234m116 [2] [2] 189m170m115 [2] [2] 197m111 [2] 196m112 [2] 184m113204m103 [2] 193m [2] 102 [2] 197m101 [2] 208m97 [2] 197m9890 [2] 226m99193m89 [2] [2] 223m88 [2] 51 201m52 [2] 195m39212m72 [2] [2] 210m71 [2] 211m70 [2] 212m69 [2] 211m68 [2] 67
117 104 96 204m [2] 195m [2] 38 211m [2]
472m145 [2] 343m144146 [2] 206m143 [2] 173m142 [2] 317m147176m141 [2] [2] 140178m367m148 [2] 159m139 [2] 149171m INDUSTRIAL IN1 [2] [2] 174m180m173138170m150 ZONING [2][2] 153m [2] 172185m137170m151 [2] [2] 179m171 [2] 136181m170m152 [2] [2] 282m177m170174 [2] 181m135170m153 [2][2] [2] 175m169 [2] 170m154134191m351m175 [2] 173m168 [2][2][2] 176181m199m133172m155 [2] [2] 183m191 [2][2] 183m177172m167177m132171m [2] 151 [2][2] 190183m [2][2] 166171m189m170m131 [2] RESIDENTIAL157 [2] FUTURE [2][2] 170m165178m130218m192169m158 [2] [2][2][2] 169m164181m178150m129168m159 [2] 356m193 [2] [2] 189181m [2] 168m163180m179160167m [2] [2] [2] 162m195 [2] 179m188 [2] 167m162182m180205188m [2] [2] [2][2] 174m180m196187 [2] 314m161183m181204193m [2][2] [2][2] 177m119186181m162m [2] 197179m182203198m [2][2] [2][2] 180m185199m118221 [2] 189m183210m198202m202293m [2][2] [2] [2] 253m184 [2][2] 206m201295m222185m108 [2] 265m199 [2][2] [2] 186m109209m223 [2] 200194m107338m [2] 197m110229 [2] 224 [2] 164m106192m [2] [2] [2][2] 228204m181m105225141m194m55 [2] [2] 205m [2] 227196m [2] 186m56226372m196m [2][2] 54193m [2] 94180m57 [2] 183m [2] 53 [2] 204m [2] 95204m240 [2] 123m190m5893200m [2] 211m46241121m [2][2][2] 200m92 [2] [2] 190m [2] 196m160m474559 [2] 242207m150m91 [2][2][2] 191m187m48 [2] 44 [2] 215m60196m [2][2] 32193m [2] 187m4943 [2] 188m [2][2] 33194m195m195m50187m314261 [2] [2][2][2][2] 189m34186m187m304162201m [2] 18 [2][2] 191m186m3529187m40 [2] 194m [2] 201m [2] 19192m [2] 186m173628 [2] [2][2] 194m [2] 194m20191m37186m1627 [2] 233m [2][2] 193m [2] 202m211192m186m2615 [2] 207m [2] [2][2] 2193m [2] 192m2214195m207m25 [2] 3 [2][2] 192m [2] 23191m207m [2] 134 [2] 197m [2] 207m24 [2] 191m512 [2] [2] 207m [2] 201m611207m [2] [2] 7 207m210m [2] 668 207m [2][2] 10 383m [2] 65 [2] MEN’SSHED WALKING TRAILCOMMUNITY GARDENWALKING TRAILS BUSHLAND
335m [2] 206207m [2] 207173m [2] 208173m [2] 209172m [2] 210173m [2] 174m211 [2] 174m212 [2] 174m213 [2] 174m214 [2] 175m215 [2] 175m216 [2] 175m217 [2] 175m218 [2] 176m219 [2] 220176m [2] 211m [2] 230172m [2] 214m173m231 [2] [2] 232174m [2] 233175m [2] 239196m234176m [2] [2] 235184m243146m [2] [2] 236181m [2] 237153m238151m [2] [2] DOG 180m [2] 180m63 [2] 179m64 [2] CLUB HOUSECOMMUNITYPROPOSED PARK
PARK
REST
SHELTER
INDUSTRIAL IN2
ZONING BUS
STOP
Artist impression only. Subject to change. The Company gives no warranty or makes any representations about the
accuracy of the information or representations made. Future residential development is subject to relevant approvals.
The information is provided solely as general information and the final product may differ from what is displayed.
WORK
SHOP
WATER TANK
HOLLINSWORTH ROAD
ROBIN STREET
SPARROW STREET
PELICAN STREET
OWL STREET
HAWK STREET
CAR PARK MAIN STREET
PARROT STREET
MAGPIE STREET
FINCH STREET
EAGLE STREET
COCKATOO STREET
CANARY STREET
FANTAIL STREET
DOVE STREET
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
Active Lifestyle Estates Stoney Creek
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Ingenia is well progressed in the conversion and upgrade of this former Western Sydney caravan park into an affordable over 50s residential community.
To date, 51 new homes have been delivered with 41 sold or settled, a new entry statement has been installed and significant new landscaping established. In December 2015 a DA was lodged for new community facilities, including a community and wellness centre, BBQ and pool.
Homes range in price from $259,000 to $380,000.
Upon completion and subject to final Council approvals, Stoney Creek will comprise over 175 homes in one of Sydney's fastest growing residential corridors.
Stage 1 commenced selling in March 2015 and has almost sold out. New homes are now being rolled out in Stages 2 and 3 of the development.
The Estate offers a range of homes with the majority of the homes being built comprising 2 and 3 beds, 1.5 bath homes with single carports.
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RESIDENCE 177
2 bedrooms – 1.5 bathrooms
For illustrative purposes only.
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For illustrative purposes only.
RESIDENCE 177 FEATURES DECK
• Enjoy a new home with
modern finishes
• Open plan living KITCHEN
• Modern entertainer’s kitchen
• Separate laundry
• 2 bedrooms DINING
• 1.5 bathrooms LIVING
• Single carport
• Covered entertainment deck
• • Built-in-robes in all bedrooms Air conditioning to living LAUNDRY
and dining areas WC
• Ceiling fans to bedrooms and living areas BATHROOM ROBE
• Connection to services BEDROOM 2
INTERNAL LIVING AREA 81.55m [2]
EXTERNAL LIVING AREA 18.29m [2]
CARPORT 21.00m [2]
TOTAL 120.84m [2]
The information is provided solely as general information and the final product may differ from what is displayed. The fixtures, fittings and finishes displayed may include non-standard inclusions which may become unavailable and are subject to change, therefore the display may differ from the final product. BEDROOM 1 COVERED ENTRY CARPORT
ACTIVE LIFESTYLE ESTATES STONEY CREEK 140 Hollinsworth Rd, Marsden Park NSW 2765
Tel 0459 995 919 | Email [email protected] | www.liveinmarsdenpark.com.au
LINEN
ROBE
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016
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Active Lifestyle Estates Lake Macquarie
Ingenia commenced a sales program at this waterfront community in March 2015 for 32 premium new homes ranging from $285,000 to $350,000.
In November 2015 an application was lodged with Council to convert existing tourism and short term rental accommodation units into new over 50's homes. Council approval was received in February 2016, paving the way for the creation of the new community facilities in conjunction with additional new homes. Based on current interest, it is expected these new homes will sell very quickly.
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RESIDENCE 109
2 bedrooms – 2 bathrooms
For illustrative purposes only.
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SITE 109 FEATURES
• New home with modern finishes
• Modern entertainer’s kitchen
• Separate laundry
• 2 bedrooms
• 2 bathrooms
• Single carport
• Covered entertainment deck
• Built-in-robes in all bedrooms
• Open plan living
• Air conditioning to living room
• Ceiling fans to bedrooms and
living areas
• Connection to services
INTERNAL LIVING AREA 109.19m [2]
EXTERNAL LIVING AREA 18.91m [2]
CARPORT 21.00m [2]
TOTAL 149.10m [2]
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The information is provided solely as general information and the final product may differ from what is displayed. The fixtures, fittings and finishes displayed may include non-standard inclusions which may become unavailable and are subject to change, therefore the display may differ from the final product.
ACTIVE LIFESTYLE ESTATES LAKE MACQUARIE 1A Stockton Street, Morisset NSW 2264
Tel 02 4970 5769 | Email [email protected] | www.liveinlakemacquarie.com.au
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INGENIA COMMUNITIES | PROPERTY PORTFOLIO 2016