A modern take on a heritage classic1650 Dandenong Road Oakleighwww.parkviewoakleigh.com

Renowned for quality developments, Ninety Four Feet is proud to launch Parkview Terraces. Located next to beautiful parklands, the historically significant “Oakleigh Motel” will be developed into the perfect first home

or investment property with all the added conveniences of modern day living.

01.PROJECTSNAPSHOT

www.ParkviewOakleigh.com

02.WHYINVESTIN OAKLEIGH?

Echoes of the past superbly blended with inspired, contemporary architectural design are what make this revitalized local landmark an instant classic. Meticulously planned to suit the modern lifestyle and brimming with character and heritage charm, Parkview Terraces unique fusion of past and present brings chic, luxurious and affordable living right to the centre of Melbourne.

Key Features include:

Large expanses of glass designed to maximise natural light;

Stylish interiors including European appliances and stone bench tops ;

Security of your own freehold title;

Intelligently green & water efficient fittings and energy efficient lighting;

Very low body corporate fees;

FIRB approval already in place.

04.PROJECTOVERVIEW

With interiors designed to inspire, Parkview Terraces combine intelligent design aesthetics with clean lines and a clever use of space. Sleek and sophisticated design palettes invite you to personalize your environment and sense of flair.

Modern, spacious living areas feature down lights, air conditioning and in the bedroom; mirrored sliding robes creating an inviting open feel.

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05.DESIGN

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In keeping with the creative architecture, the emphasis on contemporary style in each of the 34 Terrace Homes at Parkview Terraces will be enhanced by an impressive catalogue of quality fixtures and fittings. Whatever your choice of décor, the use of selected wool carpets, stone kitchen bench tops, glass splashbacks, quality ceramics and European appliances will ensure long term peace of mind for all who live here.

FIXTURES &FITTINGS

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The Team behind Parkview Terraces is committed to providing environmentally responsible house solutions, with a range of sustainable design features incorporated to enhance the living environment. Each terrace home will feature sustainable design initiatives including water storage tanks, water efficient appliances and a gas hot water system.

06.ENVIRONMENT

The staging of the Olympic Games in Melbourne in 1956 was a catalyst for introducing new architectural ideas from overseas as part of the quest to present a modern city to the world. The Motel proved to be an immediate success. By 31 August, 1958 it was reported to be accommodating an average of 455 people per week, having taken over 40,000 guests and served

over 70,000 meals in the 18 months since it first opened. “Historically, this is the first motel to be built in Victoria. Influenced by the American experience, the motel represents the vanguard of a new type of building that came to dominate the traveling and holiday experience in the 1960s, and is still popular today” National Trust Register Citation

Architecturally, the Oakleigh Motel is possibly the best example of the colourful, eye-catching roadside architecture seen as typical of the 1950s. Strongly derived from American models it is designed to be visually striking, and is dominated by a huge billboard style sign, illuminated at night. The building, with its prominent signage, is a local landmark.

07.THE HISTORY

Whether buying your first home or investing, Parkview Terraces present the perfect, affordable opportunity for the savvy buyer. Ideally placed in an area ripe for ongoing capital growth, Parkview Terraces presents a rare opportunity to buy into one of Melbourne’s premium locations.

Oakleigh is famous for its vibrant culture and international charm. Located within the City of Monash, one of Melbourne's most populous municipalities, Monash is a cosmopolitan city with 37% of its residents coming from more than 30 countries.

It has some of Melbourne's best known landmarks and is also home to Melbourne's most substantial innovation cluster, with notable features including Monash University's Science Technology Research and Innovation Precinct and Technology Park and the Australian Synchrotron.

08.INVESTORINFORMATION

Completed Apartment & Townhouse Stock since 1990

Future (Under Construction / Marketed) Apartment & Townhouse Stock as at 01/2009

08.INVESTOR INFORMATION

Independant property consultants Charter Keck Cramer recently prepared a research report about the residential property market in Oakleigh. Their analysis revealed the following:

1. Since 2006 the median unit price in Oakleigh has increased by +12%, which is significantly higher than the rate of growth recorded across metropolitan Melbourne (+9%) during the same period.

2. Since 2003 the median unit in Oakleigh has consistently remained above that recorded across metropolitan Melbourne, with the 2007 median unit price in the suburb being +18% higher than that recorded across metropolitan Melbourne.

3. Since 2000, median weekly rental rates for 2 bedroom dwellings have risen annually averaging +6.1% compared to +5.3% in Inner Eastern Melbourne, and +5.2% in Metropolitan Melbourne. More recently, the median weekly rent for a 2 bedroom home increased by +9.1% in the year to march 2008, compared to +3.7% growth across Inner Eastern Melbourne.