eKourier April 2015

PROPERTY

Mittagong Opening April

Klemzig - Completion in July 2015 Storco have won this Stage 2 building project. Work is underway and we expect to be completed mid July 2015. Kunda Park and Maroochydore - Planning Approval received We’ve received Planning Approval for both projects and have proceeded to calling tenders which are due in April. Petersham, Waterloo & Macquarie Park - Ready for next stages All three centres are ready for their next stages. We already have Planning Approval and are finalising the unit mix. Tenders are due late May with work to commence by July. Abbotsford - To commence in May Tenders are in and we are just refining the scope to commence construction in May. Hawthorn - Awaiting Planning Approval We have just lodged a Planning Approval for this new centre and hope to be under construction in a few months. Seaford Meadows - Preparing Application for Council This is another new purchase. We are preparing to lodge a Council Application by end of May. For regular updates please follow me on Yammer and Twitter. Michael Macheledt Development & Construction Manager

Prospect - Stage 3 works complete (Above) L to R: KSS Prospect - Ben Moon (Assistant Manager), Robert Stubbs & Bill Franks (Total Construction) and David Cahill (MCHP Architects). Stage 3 works are now complete with 210 new units and 5 new Enterprise Spaces. Warrawong - Work to begin June 2015 After exhaustive environmental testing we have made some modifications to the design and will retender the entire project with onsite work due to start June 2015 Mittagong - Opening April (Main photo) Work is progressing well with 80% of the building complete and driveways 10% complete. We expect to open in April. Miranda - Fit out will complete entire building Total Construction have won the project which when finished will complete the fitout stage for the entire building.

17 Kennards Kourier April 2015