Project Overview

Promenade Falls is a townhouse and unit development that sits on a prime location; right on the banks of Regatta Lake in Springfield, one of Australia’s fastest growing cities.

Springfield is an internationally acclaimed master planned city that is expected to have a population of 105,000 people by 2030. When completed, its 390ha Central Business District (CBD) will have space for 30,000 workers and will be larger in area than Brisbane’s CBD.

Promenade Falls is near to good schools, a new university campus, state-of-the-art health facilities, retail, dining, and a brand new rail link. The 32 km trip to the centre of Brisbane is a simple commute either by the dedicated rail link or reliable motorway.

These townhouses come with air conditioning, stone benchtops, Colorbond steel roofing, and other generous inclusions!

Location

Promenade Falls has one of the most sought after addresses in the heart of Springfield; on the banks of
Regatta Lake. Nothing can be built closer to the lake, so the views that come with Promenade Falls are preserved.

Springfield is expected to house 105,000 people by 2030 because it is being developed with a final
picture in mind, its amenities are conveniently located, accessible  and more than sufficient for the city at its present size.
It was voted the world’s best master planned community at the International Real Estate Federation’s Prix
D’Excellence awards in 2010.

Recreation
•   Regatta Lake is metres away.
•   Walking and bike trails run right around Regatta Lake.

Health
•   Mater Hospital (to be completed this year) – 2.1km. This private hospital will have operating theatres,
inpatient wards, a day surgery unit, a centre for cancer patients, and medical imaging services.

Retail
•   Orion Shopping Centre – 2.1km. Orion Shopping Centre has 120 shops and services, and is currently
undergoing a $154m expansion to add another 80-100 shops.

Education
•   Springfield Lakes State School – 500m.
•   The Springfield Anglican College (primary and secondary campuses) – 2.5km.
•   St Peter’s Lutheran College (primary and secondary) – 2.6km.
•   Good Shepherd Catholic Primary School – 3.5km.
•   Hymba Yumba Community Hub (primary and secondary) – 4km.
•   Springf eld Central State School – 4km.
•   Springfield Central State High School – 4.4km.
•   Woodcrest State College (primary and secondary) – 5.4km
•   University of Southern Queensland (Springfield campus) – 2km.

Public transport
•   Bus stop – 100m.
•   Springf eld Central train station – 2km (by foot).

The ideal home will soon rise that will provide you with easy access on amenities necessary for everybody!

Site Map

Investment Potential

Promenade Falls has been specifically designed as a product that investors can pitch at the rental market with ease.The population predictions for Springfield mean there will be an influx of people locally until at least 2030. The layouts and inclusions for Promenade Falls have been painstakingly chosen to appeal to tenants above other
rental offerings that will emerge in the market. Our affordable pricing also means this development is an easy
way to enhance or start your property portfolio.

Lakefront
• Water is always a sought after feature in Australia, so the position of Promenade Falls should help you
    attract tenants or buyers (if you later decide to sell).

Jobs
• Generally, people like to live close to their workplaces, and Springfield’s CBD will eventually have 30,000
   workers. It has already attracted several major international corporations.

Rental Market
• More than 45% of occupied homes in Springfield Lakes are rented, well above the averages of 33% in
   Queensland and 30% nationally.

Amenities
• Springfield is a master planned city with a formulated final picture, so its amenities are conveniently located
   and sufficient for the present population. Promenade Falls is near good schools, university, retail, parks
   and health facilities.

Access
• The 32km to the Brisbane CBD is an easy, direct route by road or rail. The nearest train station is 2km by foot.
   House price growth
• Median house prices in Springfield Lakes have trended upwards in the past decade (from about $300,000
   to $400,000).

Rental Yields
• Based on our consultation with local real estate experts, the properties should be capable of a gross rental
   yield of up to 5.5%.

Site Plan

Inclusions

GENERAL

  • Complete Working Drawings (By Builder)
  • Contour Survey (By Developer)
  • Site Investigation & Engineer’s design
  • All Statutory and Council fees, including:
    – Council Building Applications
    – Sewerage & Water Connection (By Developer)
  • Public Liability Insurance during construction period
  • 6 months maintenance period
  • Site works assumed flat by Civil Contractors (excludes rock or reef)
  • BERS Assessment complying with minimum 6 Star Energy Efficiency

FOUNDATIONS

  • Fully engineered waffle pod slab determined by soil test
  • Termite Treatment:
    – Termite collars to under slab penetrations
    – Termite physical barrier to perimeter as required
  • Assumed site cut achieved by Civil Works (NO PIERS ALLOWED FOR)

EXTERNAL FINISH

  • Roof edge protection as required under WPH&S
  •  Colorbond Steel fascia & gutter
  • Colorbond Roof (Builder’s Range)
  • Painted PVC down pipes
  • Bricks/blockwork with selected cladding (as per plans)
  • Aluminium sliding windows and doors with keyed alike window locks
  • Garage Door – panel lift door with 2 remote controls to all townhouses
  • Hollow core internal doors with white cushion stopes
  • Lever (chrome) door handles
  • Fly screens to al sliding doors and window openings
  • Clothesline

LIGHTING FIXTURES

  • Kitchen lighting to energy efficient compliant
  • Bedrooms and living areas energy efficient down lights
  • Single fluorescent tube lighting in garage
  • Light bulbs to be energy efficient.

ELECTRICAL

  • Underground or overhead single phase 16mm wiring to house
  • Single phase meter box & safety switch
  • Points (as per plan):
    – Master bedroom – 2 double power points, 1 phone point & 1 TV point
    – Other bedrooms/Study = 1 double power point
    – Ceiling fans to bedrooms and living areas
    – Bathrooms / Ensuite (as per plan)
    – Living Areas – 2 double power points, 1 TV point
    – Kitchen (as per plan)
    – Laundry – 1 double power point
    – Smoke detectors as required (Direct Wired)
  • Stainless Steel Slide out Range
  • 600mm ceramic cooktop
  • Stainless Steel 600mm under bench oven
  • Wall Mounted Clothes Dryer 6kg
  • Reverse Cycle Air conditioning to Bedroom 1
  • Reverse Cycle Air Conditioner to Lounge

FRAMING

  • H2/T2 treated pine frame construction
  • H2/T2 treated timber engineered trusses
  • Insulation:
    – Wall wrap to external walls
    – R2.5 batts to roof cavities over living areas & bedrooms
  • 2400mm ceiling heights as standard

CABINETS

  • Kitchen – Stone bench tops and laminate cupboards
  • Bathroom – Stone bench tops with custom made laminated cupboards and draws

ROBES & LINEN CUPBOARDS (as per plans)

  • Robes to bedrooms single shelf with hanging rail
  • Linen cupboards – 4 painted particleboard shelves
  • Pantry – 4 x Melamine Shelves.

PLUMBING ITEMS

  • Chrome mixer taps throughout
  • Shower on rail
  • Wall mounted bath spout
  • 1 ¾ bowl SS Sink
  • Stainless Steel Laundry tub – 45 litre and cabinet
  • CP double towel rail to each bathroom
  • CP toilet roll holder to W.Cs
  • 250 litre electric hot water system

INTERNAL FINISHINGS

  • Stairs & Balustrades – Polish Grade Timber closed housed stairs with matching oval Handrail
  • Vertical blinds to all windows and doors, excluding garage area
  • Doors – Redicote Flush Swing Doors
  • Door Furniture – Chrome Levers (as per plan) with privacy sets to bathrooms, toilets and master bedroom
  • Architraves – 42 x 11 Finger jointed pine
  • Skirtings – 68 x 11 Finger jointed pine
  • Cornice – 90mm cove throughout
  • Plasterboard – 10mm wall and ceiling board
  • Wet areas – 10mm WR board

FLOOR COVERINGS

  • Tiles to kitchen, family, meals, hallways and entry areas
  • Tiles to bathroom, water closet, laundry floor and skirting
  • Balance of house to be fitted with quality carpet with rubber underlay.

SHOWER SCREENS, MIRRORS & ROBE DOORS

  • Framed shower screens with pivot door
  • Framed mirrors
  • Aluminium framed vinyl sliders to robes and liners

PAINTING

  • External (as per builder’s selection):
    – Cladding – 2 coats All Weather low sheen
    – Downpipes – 2 coats All Weather low sheen or gloss
    – Entry Doors – 2 coats All Weather gloss
  • Internal (1 colour throughout as per builder range):
    – Ceilings – 2 coats Ceiling Flat
    – Plasterboard Walls – 1 coat sealer, 2 coats Low Sheen
    – Doors, skirting & architraves – 1 coat sealer, 2 coats enamel gloss or acrylic gloss

LANDSCAPING & FENCING

  • Driveway & paths as nominated on plans – broom finished grey concrete
  • Fence (as per plan)
  • Letterbox (as per plan)
  • Landscaped garden (as per plan)
  • Turf to remainder of block (as per plan)

Price

Brand new Promenade Falls units start from just $279,000!

These homes will be ready for you or your tenant to move into as soon as construction is complete.

You pay just one affordable price for your home.

•    No extra costs for inclusions.
•    Statutory fees covered.
•    Council fees covered.
•    No charge for site works.
•    Public liability insurance during construction is covered.

Operational works are currently underway on the site. SCN Projects Pty Ltd anticipate the project will reach completion will finish in the second quarter 2017.

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