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					   NAUTICAL NEWS
   Issue One




                                                 Surfers Paradise

    Broadwater




                                                                                  Hope Island Resort                                                      M1 Freeway
                                                                                                        Gold Coast Marina
                                                                                                                                                         Dreamworld

                                                                                                                                        Coomera Town Centre
          Sanctuary Cove              Coomera River                                                                                        Local Area Plan            Coomera Train Station

                                                                                                                                                                        Coomera Town Centre




Coomera - setting property values alight                                                                                                                 $2.236 billion investments
                                                                                                                                                         in and around Coomera!
and rentals increase 23% in two years!                                                                                                                   • The Gold Coast marine precinct:
                                                                                                                                                         A $120 million development over
                                                                                                                                                         a 250ha site fronting the Coomera
Coomera – a quiet hamlet a mere decade                The report goes on to say that since
                                                                                                                                                         River. Among many private companies
ago – is today emerging as one of                     1998/99, house prices have increased 11%
                                                                                                                                                         already established there are Riviera
Queensland’s most exciting and expanding              a year, vacant allotment values by 17% a                                                           Marine, Quintrex, Perry Catamarans and
areas.                                                year, and in 2002/03 annual residential sales                                                      Mercury Marine. Employment prospects
                                                      almost doubled.                                                                                    are expected to double to 5000.
Located between Brisbane and the Gold
Coast in Australia’s fastest growing corridor,        Additionally, house rents for a four bedroom                                                       • CUB Brewery Yatala expansion: The
average prices in this region have risen by           home in the Coomera area went up                                                                   $170 million expansion completed in
11% a year since 1998 according to Colliers           approximately 23% on average in just two                                                           2005 represented the largest capital
International report, the Colliers Collection         years to the September 2005 quarter.                                                               investment that Foster’s has made
November 2005.                                                                                                                                           anywhere in the world making its Yatala
                                                      The data sourced from official Queensland          Additional schools, light industry and           operations equal to the largest brewery
                                                      Residential Tenancies Authority figures also       residential subdivisions are part of the         in Australia.
                                                      indicated that rents for a three bedroom          proposals together with a big new multi-
                                                      home in Coomera increased approximately           billion dollar Coomera Town Centre located       • Access Business Parks: A $40
                                                      17% on average in just two years to the           around the existing Coomera train station.       million new project covering 53ha. It will
                                                                                                                                                         comprise 51 industrial lots, developed
                                                      September 2005 quarter.
                                                                                                        This will house a community centre, public       over two stages. Stage one construction
                                                                                                                                                         began this year.
                                                      The Federal Government Country Matters            library, private hospital, a 50m swimming
                                                      Social Atlas says the number of children in       pool, and 106,000sqm of retail space – the
                                                                                                                                                         • Upper Coomera State College: A
                                                      Coomera has increased 114.6% a year while         equivalent of a large major city shopping
                                                                                                                                                         $16 million second stage development
                                                      the national average increase is just 1.9%.       centre such as Robina (The largest retail and    is now under construction and will
                                                                                                        leisure development ever built in one stage in   provide facilities for year 11 and year
Its population is just 12,400 people now              As far back as 1995, the Government               Australia).                                      12 students, as well as a new multi
- two out of three Coomeraians have moved             targeted Coomera as a major growth precinct                                                        purpose hall and a special education
there in the last five years. But by 2025              for southeast Queensland as part of its Better    Matusik says $2.236 billion worth of new         unit. Enrolments for year 11 students
Coomera is forecast to become a major 21st            Cities Program initiatives.                       investment is now underway across 13             will be taken in 2006 and Grade 12 in
century community.                                                                                      projects within a 10 kilometre radius of         2007.
                                                      Community and local government                    Coomera.
Property analysts and authorities – along             consultations consequently produced                                                                • Gold Coast Institute of TAFE: The
with substantially increasing median house            a vision for the area and now a huge              Economic growth and job opportunities            Coomera Education Precinct is
and land prices – offer pointers to the area’s        infrastructure plan is being instituted to take   are high on the agenda, with nearby Yatala       expected to be completed by 2007 at
enormous future.                                      the area into its new role as a major 21st        industry expansion a prime example of areas      a cost of $25 million, and is planned to
                                                                                                        to benefit.                                       have synergies with local business such
                                                      century urban community.
                                                                                                                                                         as Dreamworld and the marine precinct.
Matusik Property Insights in a recent profile
says Coomera is the fastest growing suburb             The Gold Coast is just 20                                                                         Another growth industry is that of eco-
on the Gold Coast, increasing by 13.8% per             minutes from Coomera via the
                                                                                                                                                         tourism, building on the area’s major
annum on average over the last five years.              fast M1.
                                                                                                                                                         existing Dreamworld attraction, now
                                                                                                                                                         perhaps the best-known Coomera
By 2025, the report says, it is planned                                                                                                                  landmark on the busy M1 between
to have a population of nearly 100,000                                                                                                                   Brisbane and the Gold Coast.
permanent residents.
MARINA’S EDGE

Coomera ‘Supertown’ in Summary
                                                The proposal recommends these                        Recent projects: Discount supermarket
                                                precincts                                            operator Aldi distribution centre ($30
                                                                                                     million), Property Solutions Group Access
                                                1.   Town Centre Core                                Business Park ($40 million) Security
                                                2.   Core Residential                                Concepts Ltd Manufacturing Plant ($18
                                                3.   Tourism and Recreation                          million) Source: Queensland Government
                                                4.   Community purposes (medical)
                                                5.   Community purposes (education)
                                                6.   Showroom/commercial
                                                7.   Light industrial
                                                8.   Frame residential; and
The Coomera Railway Station, on the             9.   Open Space.
Brisbane – Gold Coast City electric train
service, is centrally located in the proposed   “The Coomera LAP is one of the most
town centre. From it a train ride to the        important to be included in the Gold
central Gold Coast takes about 19 minutes.      Coast’s Our Living City Planning Scheme”
Brisbane’s CBD is about a 53-minute             – Councillor David Power, Chairperson
                                                                                                                                                  Opportunities: Further tourism product
journey.                                        Strategic Growth Management Committee,
                                                                                                                                                  including theme parks, accommodation,
                                                City Council.                                        Brewery Expansion: Recent $170 million
                                                                                                                                                  marine recreation and Hinterland resorts.
                                                                                                     Carlton and United brewery expansion at
                                                                                                                                                  Source: Gold Coast City Council.
                                                “It will guide development in an area of             Yatala means 40% of the company’s total
                                                about 5000 hectares, which is expected to            production will occur there.
                                                                                                                                                  Opportunities: Environmental industry
                                                be home to an anticipated 56,000 people              Source: Corporation Technologies Pty Ltd
                                                                                                                                                  growth including water catchment
                                                by 2021.”
                                                                                                                                                  management, since Coomera fronts both
                                                                                                                                                  southern Moreton Bay and the hinterland.
                                                The Gold Coast Marine Precinct, on
                                                                                                                                                  Source: Gold Coast City Council.
                                                the Coomera River 1.5 kilometres east
                                                of the proposed town centre, has direct
                                                                                                                                                  Hot spot: “Coomera is a dynamic and
                                                boating access to Moreton Bay. Australia’s
                                                                                                                                                  expanding corridor that links the Gold
                                                leading centre for recreational boat building,
                                                                                                                                                  Coast to Brisbane and for the past four
The 8-lane Pacific Motorway (M1) forms the       it contains 60 individual businesses,
                                                                                                                                                  years it’s been earmarked as the next major
western boundary of the centre providing        employing about 2500 people. This could
                                                                                                                                                  development zone. The region is flourishing
fast access to Surfers Paradise about 26        double in a few years.
                                                                                                                                                  now that residential and commercial
kilometres away and Brisbane CBD about          Source: Gold Coast City Council.
                                                                                                                                                  developments are being realised.”
50 kilometres in the opposite direction.                                                             Existing theme parks: Dreamworld, Wet
                                                                                                                                                  – PRDNationwide General Manager, Paul
                                                                                                     ‘n Wild, and Warner Bros Movie World are
                                                                                                                                                  Randell, Gold Coast Bulletin 4/9/2004.
Of the 60 hectares proposed for the Town                                                             nearby.
Centre the land west of the railway line                                                                                                          “In total more than $1.5 billion worth
is relatively flat, according to the Local                                                            Film Making: Warner Roadshow Studios
                                                                                                                                                  of development is under way, and
Area Plan. To the east the land is quite                                                             is situated on 13 hectares adjacent to the
                                                                                                                                                  another $1.6 billion are planned. Nine
high, some of it offering views to Surfers                                                           Movie World theme park. It is a subsidiary
                                                                                                                                                  developments alone are valued at between
Paradise and to the hinterland.                                                                      of the world’s largest communications
                                                                                                                                                  $100 million and $600 million each.”
                                                                                                     company AOL Time Warner Inc.
The Gold Coast Council says the Town
Centre area has a number of areas of
conservation significance, particularly
Oakey Creek. As such a significant               Yatala Enterprise area, just north,
environmental program is envisaged, and         comprises 3,000 hectares, is one of the
there is opportunity to develop a unique        most important industrial land resources,
character for the town.                         particularly for larger-scale industry in SE
                                                Queensland.
The Council says desired                        Source: Gold Coast City Council.
environmental outcomes include:
                                                     Coomera’s Gold Coast City Marina is one of the largest working marina’s in Australia
• Support for the broader Coomera
  area, with an emphasis on tourism
  and commerce
• Building on the attraction of
  Dreamworld Theme Park and its
  possible future expansion
• Providing a desirable, safe and
  attractive town centre for pedestrians
  as well as vehicle users
• Offering high quality urban design
  and built form; and
• Ensuring the conservation of areas
 with significant native vegetation and
 other natural ecosystems as part of
 the town centre.
                                         TOWN CENTRE EDGE

Multi billion dollar town centre an
exciting plan for Coomera residents
                                                                                                  Chief Executive Greg Shaw (ASX Media
                           An artist impression of ‘Citywalk at Coomera’                          Release, Aug 3, 2005) said a themed
                           set to open in 2008                                                    High Street entertainment leisure precinct,
                                                                                                  offering a cinema, restaurants and fast food
                                                                                                  outlets was also planned.

                                                                                                  “The patronage and profile of Dreamworld
                                                                                                  provides a unique anchor tenant platform
                                                                                                  for a shopping centre precinct,” he said.

                                                                                                  “This development will represent the first
                                                                                                  entertainment destination in Australia that
                                                                                                  delivers a unique blend of theme park
                                                                                                  fun and world-class shopping adventure          All residential areas will focus on walkability
                                                                                                  fully integrated into a themed retail           and liveability and neighbourhood open
                                                                                                  environment.”                                   spaces will be either hill top parks or those
                                                                                                                                                  based on natural drainage lines such as
Strong conservation values, tree lined                                                                                                            gully corridors.
                                                                                                  The eastern sector is proposed to contain
boulevards, vistas to local waterways,           The Northern sub core will include a range
                                                                                                  office developments, professional suites,
boardwalks, viewing platforms and walking        of civic and retail uses such as department                                                      An integrated network of parkland
                                                                                                  medical laboratories, day clinics and
and cycling paths are key elements of the        stores, discounters and supermarkets.                                                            will service the entire town providing
                                                                                                  retailers such as chemists, hairdressers,
proposed multi billion dollar Coomera Town                                                                                                        environmental, aesthetic and recreational
                                                                                                  news agencies and the like.
Centre.                                          Government offices, a courthouse, libraries,                                                      functions.
                                                 other community activities, and the rail, bus
The Gold Coast City Council spells out its       and taxi interchange will be located there.                                                      Even an eco hotel is on the drawing boards
vision for an exciting 21st century urban                                                                                                         for the Oakey Creek precinct. It will be a
centre in a Local Area Plan (LAP) now open       Officials expect to reconstruct and                                                               low scale and low intensity development.
for community comment.                           landscape Oakey Creek, which traverses
                                                 parts of the area, so it becomes an integral                                                     Gold Coast City says that with the LAP
The LAP describes a vibrant heart for            element. A wetland development will                                                              it aims to help the town centre achieve
the Coomera of Tomorrow – a virtual              protect its natural values.                                                                      its potential as a regional activity centre
‘supertown’ as large as Southport with                                                                                                            serving not just Coomera but the wider
more shops than the Gold Coast’s Pacific                                                                                                           regional community of the Albert Corridor
Fair, and covering 60 hectares.                                                                                                                   as well.

Located east of the 8-lane M1 and with
plans linking it by walkways to Dreamworld,
                                                                                                  A tri-level education precinct is proposed,                                                Coomera
                                                                                                                                                                                          Primary School
Coomera Town Centre will grow around
                                                                                                  sharing their facilities in areas such as          Coomera                                   BEATT
the existing $9 million railway station                                                                                                                River Gold Coast
                                                                                                                                                                                                           IE ROA
                                                                                                                                                                                                                 D
                                                                                                  information technology, libraries, ovals,                  City Marina
which becomes part of a comprehensive                                                                                                                                                                      Dreamworld
                                                                                                  swimming pools and gymnasiums. A                             SHIPP
                                                                                                                                                                                                                                                            Coomera
                                                                                                                                                                                                                                                            Anglican
transport hub.                                                                                                                                                      ER DR
                                                                                                                                                                                    IVE                                                                      College
                                                                                                  TAFE and possibly the Gold Coast’s third
                                                                                                  university are to be incorporated.
                                                                                                                                                                                                                                            KRISTINS LANE




                                                                                                                                                                                                                    TOWN
The town’s 9 precincts will serve as many                                                                                                                                                                           CENTRE
                                                                                                                                                               AD
as 60,000 locals – a far cry from today’s                                                                                                                L   RO                                             Coomera
                                                                                                  In residential areas, the LAP offers the          XW
                                                                                                                                                      EL                                  SeaGreen          Railway
                                                                                                                                                                                                                             DREA




population of about 13,000.                      The southern sub core is the entertainment
                                                                                                                                                                                               Coomera




                                                                                                                                                  FO                                                         Station
                                                                                                  idea of developing medium to high density                         EdgeWater
                                                                                                                                                                                                   DRIVE




                                                                                                                                                                                                                                  MWO




                                                 zone. This is where Dreamworld Theme                                                                                                                        COOMERA
                                                                                                                                                                          Coomera




                                                                                                  developments around central village green
                                                                                                                                                                                   Y
                                                                                                                                                                              AN WA




It will blend low-rise residential and           Park plans “Citywalk at Coomera” – a fully
                                                                                                                                                                                                                                      RLD




                                                                                                                                                                                                              TOWN
                                                                                                                                                                                               GHAM




                                                                                                  or meeting areas, including local shopping                                                                  CENTRE
                                                                                                                                                                                                                                    PARK




retail, public administration and private        integrated shopping, entertainment and
                                                                                                                                                                        FINNEG




                                                                                                                                                                                                            LOCAL AREA
                                                                                                                                                                                             CUNNIN




                                                                                                  facilities and public transport stops. Low to
                                                                                                                                                                                                                                         WAY




commerce, entertainment, medical                 leisure destination adjacent to its existing
                                                                                                  medium areas will be located 200 metres
services, pedestrian thoroughfares, and          site of operation.
                                                                                                  or more away.
landscaped, environmentally- friendly open
spaces.                                          Park owner, the Macquarie Leisure Group
                                                 has already completed master planning for           ‘Citywalk at Coomera’ will include a $200
Precinct 1, the heart, focuses on                the Citywalk that it says will help kick start      million shopping centre
major retail, commercial, cultural, civic,       the Town Centre development.
entertainment, leisure and related
development. High-density residential            It currently holds about 50 hectares
accommodation on upper floors                     between the Dreamworld park and Foxwell
encourages a lively atmosphere day and           Road, portion of which it plans to use for a
night.                                           $200 million first stage of Citywalk.
                                                 The shopping centre of 39,000 sqm - two
At street level, high quality landscaping,       supermarkets, a major-brand discount
seating, meeting areas and a boulevard           department store and a range of retail
feel will encourage pedestrian activity.         outlets – is scheduled to be completed in
Parking will be generally located behind the     2008.
buildings or underground.
   LAKE’S EDGE

Click onto                                  SE Qld’s population explosion
your new                                    One million more people will migrate to
                                            Southeast Queensland over the next
                                                                                              It forecasts 39,400 new dwellings will
                                                                                              be built here in that time, compared with
                                                                                                                                              • A tight vacancy rate – the latest statistics
                                                                                                                                                show that for the Gold Coast the

home and                                    20 years – that’s the figure the State
                                            Government itself predicts.
                                                                                              34,800 in New South Wales.

                                                                                              Matusik Property Insights in its July 2005
                                                                                                                                                residential vacancy rate was 2.1%.

                                                                                                                                              • Our research still shows a shortfall in the

land - Devine                               In South East Queensland 2021 A
                                            Sustainable Future, the Department of
                                                                                              report said, even when including the recent
                                                                                              rate rise (in March 2005) median values still
                                                                                                                                                housing provision of around 5% across
                                                                                                                                                the entire Gold Coast region.
                                            Local Government and Planning says: “We           rose 4.3% across South East Queensland
website                                     live in the fastest growing metropolitan
                                            region in Australia.”
                                                                                              for the year ending March quarter 2005.
                                                                                              This is due primarily to the following
                                                                                                                                              The State Government released the South
                                                                                                                                              East Queensland Regional plan in June


makes it easy
                                                                                              fundamentals:                                   this year. This plan anticipates that 24% of
                                            “Almost 1000 people are moving to South                                                           the region’s 550,000 new housing starts
                                            East Queensland every week and this               • Strong population growth – Queensland         (expected between now and 2026) will take
                                            phenomenal growth is set to continue for            is growing by about 79,000 new                place on the Gold Coast. This equates
Thinking of buying a South East             the foreseeable future.”                            residents per annum. And whilst we            to 130,500 new dwellings over the next
Queensland home and land package?                                                               expect this growth to ease over coming        twenty years.
Now you can with a few clicks of your       By 2021 the population will have pushed             years, we envisage that an annual
computer mouse.                             out to 3.4 million. The greater Brisbane area       increase of around 75,000 per annum is
                                            will be the size Sydney is today. One-third         sustainable over the next three to five
Devine’s comprehensive guide is             of all of Australia’s population growth will be     years. Gold Coast City, on average,
available on its website www.devine.        accommodated in South East Queensland.              attracted 12,000 new residents each
com.au.                                     “The figures are staggering,” says the               year between 2002 and 2005, and
                                            publication.                                        is projected to attract the same level of
It details all available Devine estates,                                                        annual growth between 2006 and 2008.
home and land packages, and special         Official Bureau of Statistics figures at the
offers. In addition, you can obtain         same time say Queensland could replace            • Positive employment growth. Just under
detailed information of properties that     Victoria as the second most populous State          100,000 (96,800) new full-time jobs
take your fancy.                            between 2026 and 2036.                              were created across Queensland
                                                                                                over the last twelve months (year
National General Manager – House &          But some dramatic changes will occur well           ending February 2005), and the state’s
Land, Paul Nash says the service is a       before that.                                        unemployment rate (on a seasonally
must-see for everybody wanting to buy                                                           adjusted basis) is now 4.5%.
a home or invest in Queensland real         Leading property analyst BIS Shrapnel in            Queensland created 36% of the nation’s
estate.                                     its September 2005 report expects the               full time jobs since February last year,
                                            number of new homes built in Queensland             despite holding just under 20% of the
It caters for everybody - first, second      will outnumber its NSW counterpart.                 country’s population. A large proportion
or third homebuyers, and property                                                               of these full-time jobs (19% of 18,300)
investors.                                                                                      were created on the Gold Coast.

Apart from anything else, it helps
circumvent the need for those long
weekend treks in search of a perfect
property.
                                            Ray White 5-year rental contract
People are able to select the Devine
area they want to live in or invest in.
                                            ensures early returns for investors
They may even click onto individual         Devine is now providing unprecedented             real estate agencies, the Ray White group       No cash is required for deposit, legal costs
estate allotments to see the homes the      support to home and land investors moving         to ensure this happens.                         or stamp duty and equity in a buyer’s
company plans for that block.               into the South East Queensland property                                                           existing home is not required.
                                            market.                                           “The underpinning of rental returns is based
Buyers could quickly identify Devine                                                          on 4% of the property’s gross value for         Each package also comes with $20,000 of
packages that met their needs and           It offers 100% no deposit home loans              up to 5 years, if Ray White can’t provide       extra inclusions such as carpets, ceramic
budgets.                                    and a range of other services, including a        you with a tenant within four weeks of          floor tiles, landscaped gardens, turf and
                                            5-year Ray White rental contract, aimed at        settlement on the property.                     fences, European appliances, a stencilled
Then they could download information        providing early returns.                                                                          concrete driveway, telephone points,
including the house façade picture, the                                                       “Obviously of course the Ray White              external entertainment area, light fittings,
house plan, a comprehensive features        With the State Government predicting              organisation will want to ensure it has         TV Antenna, clothes line, letterbox, free air
list, price details, and special company    South East Queensland will become home            a good tenancy in place as quickly as           conditioning and free vertical blinds.
offers.                                     to another million people by 2021, Devine         possible. “So it’s a win, win situation all
                                            says investors are eager to buy new home          round.”
Scores of individual allotments are         and land packages here.
available in a number of attractive                                                           In addition, Devine provides a free
Devine estates in Brisbane, and along       “Of course, the main concern for investors        independent depreciation service by
the Gold Coast corridor.                    is getting tenants,” said Ken Woodley,            DEPpro Pty Ltd, specialising exclusively in
                                            National Marketing Director for Devine.           tax depreciation and property allowance
Mr Nash said that with people                                                                 benefits.
increasingly pressed for time – even        “That’s why we have teamed up with one
for home buying – the Devine website        of the country’s leading and most reputable       Devine also pays the landlord insurance for
option was an obvious solution.                                                               12 months.

“Our aim is to make it easier for home                                                        The company’s latest investment property
buyers to quickly assess the quality                                                          campaign offers South East Queensland
designs and desirable locations available                                                     investment homes from $269,000.
to them,” he said.
                                                                                                 RIVER’S EDGE

Why Coomera?                                                                                                                                       Coomera
                                                                                                  Coomera offers direct access by boat to
                                                                                                  the Broadwater and Moreton Bay.




Until relatively recently Coomera was largely
unnoticed by the thousands of motorists
                                                 Plus it is 20 minutes from some of the
                                                 world’s best beaches.
                                                                                                                                                   rents
and train passengers making their way
between Brisbane the Gold Coast.                 The eight lane M1 Motorway enables easy
                                                 north-south motoring. The Queensland Rail
                                                                                                                                                   increase
Fifty kilometres south of Brisbane and 20
kilometres north of Surfers Paradise, it was
known more for Dreamworld Theme Park,
                                                 Brisbane-Gold Coast link is convenient for
                                                 commuters.
                                                                                                 Property Analyst, Matusik Property Insights
                                                                                                 says the number of people working there
                                                                                                 could double in the next few years.
                                                                                                                                                   by 23% in
                                                                                                                                                   two years
home of the Big Brother TV series, Bengal        Yatala Enterprise Area is just north, housing
Tigers and a 9-storey high spinning tourist      major organisations like Carlton and
                                                                                                 With 45 hectares of land developed and
ride called The Claw.                            United Breweries, and containing a host of
                                                                                                 a further 205 hectares earmarked for
                                                 industries.
                                                                                                 further marine industry, Matusik says it
But its location is precisely why it is now
                                                                                                 could potentially turn into the hub of marine     House rents for a four bedroom
one of the most sought-after suburbs
                                                                                                 industry in the southern hemisphere.              home in the Coomera area went up
in Australia’s fastest growing property
                                                                                                                                                   approximately 23% on average in just
markets, South East Queensland.
                                                                                                 Coomera is also just a few kilometres north       two years to the September 2005
                                                                                                 of the growing movie industry based at            quarter.
Its accessibility to Brisbane and the Gold
                                                                                                 Warner Brothers, which also owns the Wet
Coast by road and rail, and the Broadwater
                                                                                                 “n Wild and Movie World theme parks on            The data sourced from official
and Moreton Bay via the Coomera River,
                                                                                                 the M1.                                           Queensland Residential Tenancies
have set it high on the agenda for many
                                                                                                                                                   Authority figures also indicated that
prospective home buyers.
                                                                                                 All are premier attractions for the 4.3 million   rents for a three bedroom home in
                                                 Apart from Dreamworld, a big employer
                                                                                                 visitors who spend $3.8 billion a year on         Coomera increased approximately
It is close to the two largest employment-       is the Gold Coast City Marina on the
                                                                                                 the Gold Coast.                                   17% on average in just two years to
generating areas in Queensland – the             Coomera River that links directly to the
                                                                                                                                                   the September 2005 quarter.
Brisbane CBD, and the Gold Coast. It is          Gold Coast Broadwater and Pacific Ocean.
                                                                                                 “The Coomera area’s enormous potential
equally close to the best that both areas
                                                                                                 should secure substantial rises in residential    “This development is a combined
offer in entertainment, shopping and             With present investment exceeding $100
                                                                                                 property values in the coming years”, says        result of limited supply of rental house,
education.                                       million, it is one of the largest working
                                                                                                 Matusik Property Insights.                        and an increasing demand for this
                                                 marinas in Australia with 230 berths,
                                                                                                                                                   tenure type,” said Matusik.
                                                 facilities to dry-dock boats up to 50 metres,
                                                 dry storage for 250 bats, hardstand sites,
                                                                                                                                                   The report added that rental
                                                 houseboat berthing and 58 purpose
                                                                                                                                                   households represented the highest
                                                 designed marine factories.
                                                                                                                                                   growth of any dwelling type on the
                                                                                                                                                   Gold Coast over the past five years.
                                                 It also has a 150-tonne ship-lift crane to
                                                 service super yachts.
                                                                                                                                                   “The Gold Coast rental market
                                                                                                                                                   increased in size by an average 2,100
                                                                                                                                                   new households per annum during

Free depreciation service another                                                                                                                  the period,” it said.

                                                                                                                                                   “To date, two out of every five


Devine initiative for property investors
                                                                                                                                                   households on the Gold Coast rent.”

                                                                                                                                                   Coomera is 20 kilometres north of
                                                                                                                                                   Surfers Paradise.
The sometimes complex issue of                   Among a strong portfolio of clients for
depreciation has now become simpler for          whom the company works are Devine’s                                                               Matusik said it marks the start of the
Devine property investors.                       major CBD high rise projects such as River                                                        northern growth corridor extending to
                                                 Place, River City and Cathedral Place.                                                            the outskirts of Brisbane. Residential
The company offers the services of                                                                                                                 communities, along with significant
DEPpro, a Brisbane-based organisation                                                                                                              employment centres, are pushing
committing 100% of its time to specialising                                                                                                        into the valleys between Nerang and
in Depreciation Allowances of property                                                                                                             Beenleigh.
and property allowance benefits to help
investors.                                                                                                                                         “Local business and employment
                                                                                                                                                   opportunities in the area abound,” it
DEPpro says that because of this, it is                                                                                                            adds.
Australia’s only such specialist organisation.
                                                                                                                                                   Easy access to both the Brisbane
Its independent service is now being                                                                                                               CBD and the Gold Coast via the
offered free by Devine to its investors.                                                                                                           M1 motorway and public transport
                                                                                                                                                   such as Queensland Rail also makes
“It is another first, that help add peace                                                                                                           Coomera a drawcard for renters and
of mind to real estate investing through                                                                                                           owner-occupiers alike.
Devine”, says National Marketing Director
Ken Woodley.                                                                                                                                       A wide range of local educational
                                                                                                                                                   facilities, leisure amenities and
                                                                                                                                                   employment opportunities is further
                                                                                                                                                   enhancing its appeal.
                                                  TRANSPORT EDGE

World class motorway brings population
surge to Brisbane-Gold Coast corridor
                                           The Pacific Motorway, completed in 2000,       and Gold Coast City would form one
  The six lane M1 Pacific Mortoway offers   is helping drive the big population growth    continuous urban area with a combined
  fast access to the Gold Coast just 26    now occurring in the corridor between         population of more than two million within
  kms from Coomera                         Brisbane and Gold Coast City.                 five years.

                                           Its world-class design offers fast commuter   “The corridor is almost the only area left
                                           conditions between the State’s two largest    where the coast can expand horizontally,”
                                           cities. And 47 kilometres of service roads    he said.
                                           and 16 interchanges with high speed
                                           on and off ramps enable it to easily          He also forecast growth generated by
                                           access fast growing centres along its 43      the motorway would be accelerated by
                                           kilometres.                                   a shortage of land in the Gold Coast’s
                                                                                         northern suburbs on the tip of the corridor,
                                           Analysts regard it today as one of            following enormous population growth
                                           Australia’s property hotspots.                there.                                         And a state of the art traffic management
                                                                                                                                        centre uses 20 cameras to continuously
                                           PRDNationwide surveys detail more than        Now the journey can be completed in less       monitor the motorway. It conveys
                                           $3 billion in development activity, either    than an hour, and up to 85,000 vehicles        information to motorists by overhead
                                           planned or underway in Coomera and in         use it every day.                              signage in the event of less than smooth
                                           nearby areas (Gold Coast Bulletin Sept 4,                                                    operation.
                                           2004).                                        To minimise maintenance and reduce
                                                                                         disruptions to motorists, the M1 is made of    Note: The Queensland Government says
                                           Interestingly the motorway’s impact on the    heavy-duty pavements of concrete (60%)         South East Queensland is expected to
                                           corridor was forecast even before it was      and deep lift asphalt (40%). These have a      become home to another million people by
                                           completed.                                    design life of up to 40 years.                 2026, taking the total to 3.7 million, about
                                                                                                                                        the size Sydney is today.
                                           Property and business analyst, Alan           More than a million trees, shrubs and          Source: South East Queensland
                                           Midwood predicted at the time Brisbane        ground covers are planted along the edges.     Infrastructure Plan and Program 2005-2026




Train, bus upgrades on track Green light
Coomera upgrades figure prominently in      Transport Minister Paul Lucas said the new    Mr Lucas said Citytrain infrastructure would
recent State Government announcements
on public transport.
                                           bus route, servicing Upper Coomera would
                                           provide improved connections between
                                           bus and train.
                                                                                         benefit by a $1.1 billion boos and bus
                                                                                         infrastructure by $270 million over the next
                                                                                         four years.
                                                                                                                                          for library
Contained within a four year, $182
million commitment for Gold Coast          Introduction of an integrated ticketing       Gold Coast programs to be delivered                Coomera is to have its own library by
public transport infrastructure are:       system was paying dividends, he said.         by June 2008, apart from those at                  2007-2008.
                                                                                         Coomera, included:
• Construction of a second rail track      In the first eight months since its                                                               Gold Coast City Council has announced
  between Ormeau and Coomera train         introduction in July 2004, patronage was      • Construction of a second rail track              $320,000 in funding to plan the project in
  stations                                 up 16.2% and 1.4 million extra trips were       between Helensvale and Robina                    2006-2007 and then to build it a year later.
                                           made on the government’s Gold Coast             train stations
• Improved safety, security and            public transport.                                                                                It says the site is still under consideration.
  disability access at Coomera                                                           • Start on the extension of the rail
  station; and                             More than 10 million passenger journeys         corridor from Robina to Reedy                    State of the art facilities, including
                                           were made on Gold Coast Translink               Creek                                            computerised tagging systems, and the
• Introduction of a new bus route          services between July 2004 and February                                                          creation of a place of civic focus would be
  between Coomera train station and        2005.                                         • Bus priority measures (bus lanes,                part of the development said Division 2
  Helensvale train station.                                                                transit lanes, priority at traffic signals)       Councillor David Power.
                                                                                           along the Gold Coast highway from
                                                                                           Broadbeach to Miami, and along                   In the meantime, Upper Coomera State
                                                                                           Smith Street from Parklands Drive to             College is the interim site.
                                                                                           Gold Coast highway
                                                                                                                                            Gold Coast City Council operates 14
                                                                                         • Improved bus stations and stops                  branch libraries, and says it has an
                                                                                           across the region, such as signs,                ambitious infrastructure program valued at
                                                                                           seating, shelter, information and                $122.4 million to improve library services
                                                                                           security.                                        over the next 10 years.

                                                                                         Source: Queensland Government                      In 2005-2006 capital improvements would
                                                                                                                                            cost $12.8 million, an operations and
                                                                                                                                            ongoing costs.
                                     BEACH EDGE

EDUCATION
1. Coomera Anglican College

2. St Stephen’s College

3. Coomera State School

4. Helensvale State High School

5. Coombabah State High School

6. Griffith University

7. TAFE




SPORT & RECREATION

8. Gainsborough Greens Golf Club

9. The Palms Golf Club

10. The Pines Golf Club

11. Hope Island Golf Club

12. Dreamworld

13. Warner Bros Movie World

14. Wet ‘n Wild Water World

15. Sea World

16. Couran Cove Resort



HEALTH & MEDICAL

17. Gold Coast District Hospital

18. Allamanda Private Hospital

19. Pharmacy

20. Medical Centre

21. Veterinary Clinic




AMENITIES

22. Proposed Town Centre

23. Sanctuary Cove Marine Village
    Shopping Centre

24. Scouts

25. Child Care

26. Village Theatre Sanctuary Cove

27. Gold Coast City Marina
                                                                                                                                                    SURF EDGE

Devine, a recognised & trusted developer of premier homes
Australia’s Leading Home Builder                                   In FY 2005, the Devine after-tax profit was                         With land prices escalating, and                                 Award Winning Builder
Recognised for exceptional commitment                              $16.125 million - up 3% on the previous                            governments requiring greater use of                             Overall, its quality construction and market
to quality and customer service, Devine is                         year. Company revenues of $474.1 million                           space, Devine has become an industry                             acceptance is reflected in the receipt of at
one of the most trusted names in Australia’s                       were up 26%.                                                       leader in new design techniques for                              least 25 awards, including
housing industry.                                                                                                                     smaller allotments, estate planning and
                                                                   $20,000 Worth of Luxury Inclusions                                 environmentally friendly housing.                                • The Urban Development Institute
The company is famous for introducing                              Devine has many inclusions in its fixed                                                                                                of Australia’s Award for Excellence
no deposit finance in 1995 and annually,                            price home and land packages. Features                             Devine says the company’s major                                    – Brisbane City Urban Renewal, for
now sells more than 2000 new home and                              that other builders call luxury extras include,                    areas of expertise are in concept and                              its Cathedral Place development
land packages in Queensland, Victoria and                          for example, landscaping, turf, fences,                            product design, marketing and project
South Australia. In apartment construction                                                                                                                                                             • The Queensland Master builders’
                                                                   gardens, carpets, European stainless steel                         management.
it has marketed and built high-rise                                                                                                                                                                      Association Award for Excellence for
                                                                   appliances and designer kitchen.
developments in Brisbane and Melbourne                                                                                                                                                                   apartments for The Retreat Balmoral
                                                                                                                                      Environmentally Sensitive
worth almost $1 billion.
                                                                   And in the case of investment homes, free                          Its Sunnybank Grove estate in Brisbane
                                                                                                                                                                                                       • The Urban Development Institute’s
                                                                   landlord insurance for 12 months, free                             has now won two prestigious awards, the
Devine is rightly described as a major force                                                                                                                                                             Marketing Award, for River Place
                                                                   depreciation schedule and free vertical                            Civil Contractors Federation Environment
in residential construction and marketing.                                                                                                                                                               Apartments
                                                                   blinds.                                                            Excellence Award, and the Queensland
Publicly Listed Company                                                                                                               Stormwater Industry Association Award for                        • The HIA Boral Quality Builder of the
It is a public company, listed on the                              The company is prominent in its work                               water sensitive design.                                            Year Award; and
Australian Stock Exchange, and this year is                        to develop more affordable homes and
No. 293 on the Business Review Weekly                              estates in greater harmony with nature.                                                                                             • Four Australian Achiever Awards for
Top 500 Companies List.                                                                                                                                                                                  Excellence in Customer Service



              Casino Towers, Brisbane                                            Victoria Point, Melbourne                                     River Place, Brisbane




                                                                                                                                                                                                                         Brisbane Airport

                                                                                                                                                                                                                   Gateway       Moreton Bay
                                                                                                                                                                                                         BRISBANE Bridge




                                                                                                                                                                                                                     Railway Line
                                                                                                                                                                                                                                                       Pacific
                                                                                                                                                                                                                                                       Ocean


                                                                                                                                                                                                                                 Coomera Railway Station
                                                                                                                                                                                                                                 Dreamworld


                                                                                                                                                                                                                                             Sanctuary Cove
                                                                                                                                                                                                                     Oxenford                Hope Island

                                                                                                                                                                                                                   Movie World
Terms, conditions, fees and government charges may apply. This is an advertisement only. Consumers may wish to consult their own investment advisor. Artist impression for illustrative purposes                          Nerang
                                                                                                                                                                                                                                                 SURFERS
only. Illustration is indicative only and may change without notice. The Ray White Rental Contract is provided by Ray White Real Estate Surfers Paradise and not by Devine Limited. This information                                             PARADISE
                                                                                                                                                                                                             Tamborine
is not intended to be treated as a warranty or promise as to the correctness of the information. Interested parties should undertake their own independent enquiries and investigations to satisfy           Mountains          Bond
                                                                                                                                                                                                                                              Jupiter’s Casino

themselves that any details herein are true and correct. Devine Limited does not accept any responsibility or liability for any loss of damage arising out of reliance on the information in this                               University
                                                                                                                                                                                                                                                           Tweed
document. All development details concerning the Nautical Edge project are subject to approval by Gold Coast City Council. Devine Constructions PTY LTD QBSA No: 21633. QLD607793.                                           Coolangatta Airport           Heads

				
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