eKourier Jan 2017

PROPERTY

2017 Construction Pipeline

Seaford Meadows, SA

Chullora NSW - Sites Works Commence Total Construction have commenced early site works. We had a good win negotiating the development contributions (taxes) down from $341,000 to $57,000. Mittagong NSW - Project Completed Project is now complete and renting up. Thomastown VIC - Application Refused

Petersham, NSW

This is in the hands of VCAT as Council refused our application due to a couple of objections around parking numbers. We are confident of gaining approval but the hearing won’t happen until April 2017. Croydon Park S.A - Awaiting Planning Approval With planning approval due any day, we have started tendering and hopeful of starting onsite works early 2017. Camperdown NSW - 372 unit expansion Total Construction recently won the tender to expand by 372 units.

Warrawong NSW - Construction Commencing Paterson Builders have won the contract to build this new centre with early site set out underway. Petersham NSW - Expansion Underway All three concrete floors are complete along with the external walls. Roof is 95% complete and the new lift shaft has reached Level 2 . Waterloo NSW - Concrete Works Complete All concrete works are completed and the roof 90% complete . Hawthorn VIC - Self Storage Build Underway First and second concrete floors have been poured and the roof steel structure is underway. We have also started self storage in the lower basement and will start working our way up the building. Seaford Meadows S.A - Existing buildings 75% complete

For regular updates follow Michael on Yammer and Twitter.

Michael Macheledt & Craig Henery Development & Construction Team

Murarrie, QLD

The storage fit out to the two existing buildings is 75% complete, and the concrete floor to the new building is finished and the builders have started to stand up the structural framing. Murarrie QLD - Concrete Works Complete Ground, first, second and third floor concrete works are complete. St Marys NSW - Stage 1 Complete Stage 1 is now complete and open for business.

16

Kennards Kourier Jan 2017