Kings Terrace

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Introducing… King’s Terraces Welcome to architectural innovative design Welcome to sophisticated high quality finishes Welcome to a new standard in living Another quality residential development by TMH Property Group at King Street Singleton

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Information Memorandum

Transcript of Kings Terrace

Page 1: Kings Terrace

Introducing…

King’s Terraces

Welcome to architectural innovative design

Welcome to sophisticated high quality finishes Welcome to a new standard in living

Another quality residential development by TMH Property Group at King Street Singleton

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The Perfect Residence King’s Terrace Singleton offers a unique modern approach to everyday living. Perfectly located in the heart of downtown Singleton and within a stones throw of all amenities, this complex offers contemporary design coupled with quality furnishings to create the perfect home. We are offering for exclusive sale off the plan two luxury two bedroom townhouses. Both townhouses feature:

Architecturally designed two storey residences Two double sized bedrooms (one with ensuite) Two full sized bathrooms Separate laundry Massive lounge/dining area

upstairs with view Second living room

downstairs Single garage with ample

visitor parking Reverse cycle air conditioning

to all living areas Luxury finishes both inside

and outside Fully landscaped courtyards

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The Perfect Location

King’s Terrace Singleton is located in King Street, Singleton. King Street runs off York Street and only a few metres to the local High School and Primary School in Singleton. The location of King’s Terrace is appealing as its located in the centre of Singleton only a few hundred metres to the local shopping centre, cinema’s, restaurants and attractions.

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The Perfect Town

Singleton is located in the heart of the Hunter Valley. It’s easy to see why people choose to make Singleton home. Imagine the beauty of a relaxed lifestyle with all the conveniences of modern life just a short drive away. The close proximity to schools, shopping centres, library, Gym & Swim Centre, Youth Venue, playgrounds and sporting facilities is the attraction to live in downtown King’s Terrace Singleton. The last census conducted in 2006 showed that Singleton had a population of 21,937, approximately 3.6% of the regional population. Income is relatively high in Singleton. The median weekly household income was $1,258 in Singleton compared with $888 in the Hunter. Population Growth ABS Census 1996 2001 2006 Average

increase p.a

Population 19,757 20,327 21,937 218 The population of Singleton LGA has increased at a rate of 218 persons per annum over the last 10 years. The BNSW Department estimates that the population of Singleton will increase to 26,650 persons by 2031. Residential demand is expected to be between 170 to 230 new dwellings per year. Sixty percent of new dwellings are expected to be in the Singleton Heights/North Singleton urban area or between 100 and 150, 35% in rural areas and only 5% in the Singleton town area. This gives you the opportunity to be part of that exclusive 5% of properties permitted in the town area of Singleton. Come and enjoy the experience - the country town that is Singleton.

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The Perfect Investment

Whether you are looking for your next luxurious home or are seeking a fantastic investment, King’s Terrace Singleton is simply - perfect. Upon completion, depending on your income levels, a townhouse in King’s Terrace Singleton could cost you as little as $45 per week. Current agents opinions place the expected rental return on the townhouses ranging from $360 per week to $400 per week, given their great location and design elements. If you choose to furnish the townhouses and rent them as serviced accommodation, the return could be as high as $750 per week. How does this work ? Simple… Rental income per annum (assuming $380/wk) $19,760 Less: Interest on loan (at 7%) $25,200 Rates, insurance body corporate etc $ 3,800 Net cash loss on property $ 9,240 Less depreciation: General assets (estimated) $4,500 Capital works (estimated) $3,750 Taxable loss on property $17,490 Tax refund @ 39.5% (assuming wage $80000-$180000) $(6,908) After tax cash shortfall on property $2,332

Or just $45 per week

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The Perfect Architectural Design

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The Perfect Luxury Inclusions

Our luxury townhouses come with the following inclusions: ITEM DESCRIPTION

General

External Walls Masonry brick and textured paint finish externally Painted plasterboard lining internally

Roof Colourbond Ceiling Painted plasterboard

Kitchen Flooring Floating timber floor

Bench cupboards Timber laminate Benchtop Reconstituted stone

Splashback Ceramic tiles Sink Stainless steel 1 ½ bowl

Tapware Chrome Cooktop Stainless steel Ceramic electric cook top

Oven Stainless steel electric oven Rangehood Concealed rangehood Dishwasher Stainless steel

Bathroom/Ensuite Floor tiles Ceramic tiles Wall tiles Ceramic tiles

Vanity Cupboard Timber laminate Basin White

Bath (where provided) White Shower screen Semi frameless glass

Tapware Chrome Toilet suite White ceramic Accessories Chrome

Bedrooms Carpet Wool blend Robes Sliding doors colour to match Lights Oyster lights

Living/Dining Flooring Floating timber floor (up); ceramic tiles (down)

Lights Oyster lights Laundry

Floor tiles Ceramic tiles Tapware Chrome

Electrical TV point Living/dining & family room

Telephone point Kitchen Air conditioning

Townhouses One split system upstairs, one downstairs

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The Perfect Price

We have priced King’s Terrace Singleton luxury townhouses based on the current market conditions and believe the asking price represents excellent value for money and provides great room for capital growth. An exclusive location, modern architecturally designed townhouses and luxury finishes makes these townhouses an irreplaceable investment. Residence 1 The northern residence of the complex has its own exclusive entrance encompassed by federation portico, single garage and massive front, side and rear courtyards. Facing north east provides excellent thermal properties and fantastic aspect. Residence 1 is 192m2 in size. The asking price for residence 1 is $384,950 Residence 2 The second residence provides great aspect, private entry and front, side & rear courtyards matched by no other on the market. This unit is 192m2 floor area and also has its own tandem visitor car park. Privacy is guaranteed with screens and a great aspect. The asking price for residence 2 is $384,950

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About the Developer

TMH Property Group and its associated entities have been undertaking property developments in the Hunter and Upper Hunter Valley for over 15 years. TMH is renowned for producing high quality developments in excellent locations whilst offering value for money to the purchasers of the properties. This property located at King Street is the example of developments undertaken by TMH – perfect location, perfect design, perfect finish – simply perfect.

The directors and team at TMH take pride in their work and guarantee the highest quality product available on the market. Our team appoint high quality, well renowned builders, landscapers, architects & designers who all work together to achieve the final product. The coordination of the team works like a well oiled machine and as a result offers the best investment product available.

Please feel free to contact us any time to view the plans and further details of this great investment at King Street, Singleton - a truly unique property.

TMH PROPERTY GROUP

254 JOHN STREET SINGLETON NSW 2330

P: 02 6571 8525 F: 02 6571 8551

All information contained within this document is subject to change without prior notice & approval.