Edition 2 - May 2009

Stonecutters Ridge official public launch a huge success

Display Village Complete

Stonecutters Ridge proves a hit with VIP buyers

Embracing green space

Stonecutters Ridge offi cial public launch a huge success

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Important Information: This news publication has been prepared by Medallist Developments Pty Ltd (incorporated in New South Wales). This news publication is a guide only, does not constitute an offer and is subject to the terms of any sale contract. Whilst all information has been gathered from sources we deem to be reliable, we do not guarantee the accuracy of this information, nor do we accept responsibility for any action taken by intending purchasers in reliance on this information. Intending purchasers should make their own enquiries as to the details of the development. All illustrations in relation to the development are conceptual only and are subject to regulatory approval from all relevant authorities. The availability of certain products and materials may result in some deviation to this news publication. Changes may be made without notice to the whole or any part of the development.

Designed as Sydney’s premier residential golfing

community, Stonecutters Ridge was opened to the public

for the first time on February 7th 2009 with the inaugural

‘This is the Life’ festival, which proved a great success

with an impressive turnout. Over 1250 people visited the

project during the event.

Stonecutters Ridge is the latest development by

Medallist, a joint venture between Greg Norman’s

Great White Shark Enterprises and the Macquarie Group.

Visitors to this $650 million project at Colebee, just

45 minutes drive west from Sydney CBD, got a sneak

peek of this stunning new lifestyle oasis during a day-long

festival of jazz, gourmet food and boutique wines.

The festival showcased a beautiful life at Stonecutters

Ridge offering a fun filled day of activities for all members

of the family. Mums and dads were treated to select

wine and beer tastings, café style coffee, nearest the pin

competition, complimentary raffle tickets (the winner

won a fabulous 6 burner BBQ) and samples of local

produce such as honey, chocolate and natural body

products were mostly provided free by local vendors.

Children were also well catered for; many of them said

that the petting zoo was by far their favourite attraction

of the day. Face painters and children’s entertainers were

on hand to ensure the youngsters of the family enjoyed

their day at Stonecutters Ridge.

The Sales and Information Centre and Display Village

were open to all the visitors, featuring designs from

three of Sydney’s well known builders. The Lilly Pilly

release was available for viewing for the first time with

28 homesites on offer, ranging from approximately

600 sqm to 850 sqm. Five of the sites have coveted

direct golf course frontage while others enjoy vistas

of the course or parkland. All homesites are within

walking distance of the development’s parkland and

enjoy all the benefits of the Stonecutters Ridge lifestyle.

Homesites in the Estate are priced from $299,000.

The free festival offered fun for the whole family,

from golf lovers to littlies, with live jazz from the highly

acclaimed Steve Passfield band, Handpicked.

Olympic swimming champion Brooke Hanson was the

MC for the day and was on hand to sign autographs.

Part proceeds from the gourmet BBQ were donated

to the Ronald McDonald House.

Sales of the initial Jacaranda release of land sites

were impressive. Buyers who registered for this

first VIP release were given one on one tours of

the 27 sites which ranged from approximately

550 sqm to 1086 sqm, including coveted sites

with direct Golf Course frontage. Four display

homes and two temporary car parking homesites

were offered as investment opportunities.

The display homes were designed and built

by some of Sydney’s most well known builders.

Paul Hedge, Project Director at Stonecutters

Ridge, comments “We were delighted with the

strong VIP registrations, with more than 300

parties undertaking private viewings. The initial

VIP sales figures were extremely positive, with the

prices achieved ranging from $299,000 for a 675

sqm lot to $615,000 for a Golf Course frontage.

Purchasers were a combination of owner

occupiers and buyers looking to snap up a sound

investment in what will undoubtedly become one

of the area’s most sought after addresses.”

Stonecutters Ridge proves a hit with VIP buyers

In addition to the public launch, Stonecutters Ridge

was officially opened by Minister Kristina Keneally on

4 February 2009 the ceremony was well attended with

plenty of great feedback received. Stonecutters Ridge

was very fortunate to have the Minister for Planning,

Kristina Keneally open the proceedings.

The day was attended by a number of VIP guests

and dignitaries including:

Kristina Keneally Minister for Planning

Paul Gibson Member for Blacktown

Charles Lowles Mayor of Blacktown

Alan Pendelton Deputy Mayor of Blacktown

Matthew Banks Head of Real Estate Investments,

Macquarie Group

Neil Anderson CEO Medallist and Urban Pacific

Bob Harrison Director Greg Norman

Great White Shark Enterprises

The Honourable Kristina Keneally, Ministerfor Planning officiates at VIP launch

Minister Keneally was extremely positive about the

growth of the North West region of Sydney and

commented that “seeing these houses go to market

today is a great achievement for not only Stonecutters

Ridge but the Northwest Growth Centre.”

“Over the next 30 years we will see around 70,000

new homes built in this area and these 184 new

homes mark the start of an area where development is

done the right way. Sustainable, liveable communities

close to jobs, services and transport connections.”

“Stonecutters Ridge is an important new

development, one which sets a high standard not

just for the future development in the Growth Centre,

but for the wider North West region of Sydney”.

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Brooke Hanson MC’s launch festivalRecently retired Olympic gold and silver medallist

Brooke Hanson was kind enough to put her support

behind Stonecutters Ridge and MC our public launch

and free family festival. Brooke made her debut for

the Australian Swimming Team in 1994 and went on

to represent Australia more than 20 times at major

international championships and is currently an

ambassador for Telstra.

Stonecutters Ridge is a Telstra smart community

– something of which we are very proud.

Brooke claimed several podium finishes along

the way, including the 2004 World Short Course

Championships where she made history by winning a

record six gold medals including five individual golds.

Brooke amassed seven Australian Long Course titles,

18 Australian Short Course titles and eight World

Short Course titles during her career.

Away from the pool she continues to balance her

blooming professional career with work for her

sponsors, media appearances, charity work, swim

clinics and her commitment to promoting a healthy

and active lifestyle for all Australians. You can find out

more about Brooke at www.brookehanson.com

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Whatever your stage of life or family dynamic, it really does

offer something for everybody. Its variety of homesites and

housing designs means you’re spoilt for choice when it

comes to building the perfect residence to suit your needs.

Whether you’re after a large family home with plenty of

garden space for the kids, a stylish entertainer or a low-

maintenance home that you can lock and leave,

Stonecutters Ridge has got the perfect home for you.

If you’re someone who relishes their privacy then you’ll

be delighted here. However if you’re someone who desires

community involvement then our vast array of facilities

provides a focal point for catching up with friends

and neighbours in a friendly local environment.

A Community Centre will provide meeting rooms and

kitchen facilities for community groups. Residents will also

be able to enjoy a coffee at the planned Village Café

overlooking the future Village Piazza and be able to shop at

a convenience store.

Whatever you’re into in terms of recreation, entertainment

or commerce, the area offers an abundance of choices.

Perfect for any lifestyleThe beauty of Stonecutters Ridge lies in its broad appeal.

Stonecutters Ridge is well located with easy access

to a variety of local amenities such as medical centres,

childcare, primary and secondary schools, tertiary

education facilities and regional shopping centres such

as Castle Towers, Rouse Hill Town Centre and Westpoint

Blacktown. It also enjoys easy freeway access to all

reaches of Sydney.

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• Stonecutters Ridge is the latest residential development

by Medallist, a joint venture between Greg Norman’s

Great White Shark Enterprises and the Macquarie Group.

• This Torrens Titled lifestyle oasis is located at Colebee,

approximately 45 minutes drive from Sydney CBD.

• The $650 million 840 lot masterplanned lifestyle

community which will offer a range of land sites, house

and land packages and completed homes.

• Approximately 30% of lots will front the Golf Course

while about 60% of the 160 hectare site is dedicated

to green open space, including a number of proposed

parks, walking and cycling trails and the Greg Norman-

designed 18 Hole championship Golf Course.

• The future Village Centre will feature an array of

proposed commercial and leisure facilities including

a pool, tennis courts, gym, clubhouse with restaurant,

function centre, sports bar and bistro, community

facilities, a café and convenience store.

• The 6,247m, par 71 championship Golf Course has

been designed to rank in Australia’s Top 100 Courses.

• The newly opened Display Village features designs from

three of Sydney’s top builders.

• Environmental and sustainable initiatives currently being

undertaken include the rehabilitation and protection

of the Eastern Creek riparian corridor and provision for

recycled water to be used for future irrigation in public

and private areas on site.

• Proposed local infrastructure improvements include the

widening of Richmond Road to four lanes from and new

intersections near the Stonecutters Ridge entrance.

• Stonecutters Ridge will be a Telstra Smart Community®

meaning that all residents will enjoy access to high

quality telecommunication and digital entertainment.

• It offers easy access to a variety of local amenities such

as medical centres, childcare, primary and secondary

schools, tertiary education facilities and regional

shopping centres such as Castle Towers, Rouse Hill

Town Centre and Westpoint Blacktown.

Stonecutters Ridge facts at a glance

This masterplan is subject to any regulatory approval from all relevant authorit ies. This masterplan is a guide only and does not constitute an of fer or a contract. All information contained herein should be read subject to the terms of any sale contract.Intending purchasers should make their own enquir ies to satisfy themselves as to the correctness of each description or reference. All details are subject to change without notice.

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Cosmopolitan Living is one of the longest established

residential property development and construction groups

in Australia, having been around since 1963. Cosmopolitan

is still a family run company which prides itself on

delivering high quality architectural housing designs

at affordable prices.

CEO Michael Condoleon comments “Cosmopolitan was

approached by Medallist almost two years ago now to

discuss the possibility of working together.”

Leading Australian home builder, Cosmopolitan LivingMichael Condoleon, CEO of Cosmopolitan Living, discusses the builder’s role in the Stonecutters Ridge experience.

“We had a great chat and discovered that we really had

a mutual interest in making this project great”.

“First and foremost the team at Cosmopolitan is interested

in playing a role in the development of masterplanned

communities, just like Stonecutters Ridge. Because these

communities adhere to design guidelines, we’re able to

deliver the highest quality urban outcomes. We have better

quality control and because our contractors are working

on the one long-term project, they’re more dedicated and

focused and we achieve better effi ciencies.”

“What we stand for is architecturally sustainable design

that’s good value. We’re not just about building boxes,

we’re about building homes that we can be proud of and

will stand the test of time. It’s been a really great process

dealing with the Medallist team. There’s been such easy

communication and lots of teamwork which is highlighted

by the fact that we’ve really come up with the perfect

product for the development. It’s wonderful to watch

Stonecutters Ridge getting off the ground now and see

the benefi ts of all our hard work.”

VIP buyers delighted with purchase Navdeep and Maria Dhaliwal were among the fi rst buyers to secure themselves

the homesite of their choice at Stonecutters Ridge.

Navdeep and Maria had been looking for land in the area for two years when the

Stonecutters Ridge opportunity presented itself. “We liked the area yet we were

having a really diffi cult time fi nding exactly what we were after,” says Navdeep.

Originally from Canada, he is used to low density housing with large lots,

huge yards and plenty of open spaces and the couple were fi nding it hard

to secure something similar here in Sydney. “We were looking for land in

a new development but we really didn’t want to end up somewhere that was

going to be too high density and naturally we wanted as much land as

possible for our money.

“Stonecutters Ridge came to our attention through various people and we’d

noticed the signs while driving through the area. I believe we were close to the

fi rst people to actually go and see the home sites. We had a private tour and

were shown all of the lots as well as where the Clubhouse, Café and various

other amenities will be. We’re not golfers (yet!), however we were really

impressed with the variety of community facilities and vast green open

spaces which will be great for kids”.

“After inspecting all of the sites available, we eventually chose a 650 sq m

block right next to the Display Village. We feel that we got a really great deal

considering the size of the land, which is in a particularly low traffi c position”.

“We had quite specifi c ideas about the design of our home, which will be the

fi rst we’ve ever owned, so we’ve chosen our own builder and we’ll hopefully

start construction around March. The idea is to build a house that we can

live in for the next 20 to 30 years and raise a family there, so this was a really

important long-term decision for us. We’re thrilled with our purchase and

can’t wait to move in”.

Profile of Stonecutters Ridge Sales Manager, Mark Pardi Our Sales Manager, Mark Pardi, has amassed more than 17 years of broad industry experience

in sales and sales management, the last three of which have been spent as an integral part of the

Medallist team. As a licensed real estate agent and auctioneer, Mark has an impressive resume

which includes land sales, subdivision development, building and construction, fi nance and

general real estate.

He has previously held senior executive roles with respected companies including AVJennings,

Lensworth Group, FSBO Australia, REMAX and McGrath Estate Agents. He has also been a

partner in a fi rm which consulted to several of Sydney’s major builders and land developers.

Mark’s complete dedication to customer satisfaction is evident in the many smooth and

successful sales which have been achieved so far at Stonecutters Ridge. Mark is on hand to

provide informed, educated advice to potential buyers.

His strong track record stands as a testament to his knowledge and personable, straightforward

approach to dealing with clients. A high degree of skill and in-depth property experience ensure

he’s able to provide the best possible solution to individuals’ specifi c lifestyle requirements,

assisting them in fi nding the perfect house and land package.

Mark is available along with Jeanette Condon 7 days a week at Stonecutters Ridge Sales and

Information Centre to help you fi nd your new home.

Contact the Stonecutters Ridge Sales and Information Centre on 1800 667 626 or visit

stonecuttesridge.com.au

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Display Village CompletedThose in the market for a new home will be thrilled

to know that the Display Village has been completed.

It presents a great way for you to imagine your future

slice of paradise and the many options you will have

when building.

At Stonecutters Ridge you have the choice of your own

builder or using one of our leading builders, namely

Rawson Homes, Cosmopolitan Living and Lyndsay

Edmonds Homes, who will ensure the residences

are constructed to consistently high standards.

The Sales and Information Centre, built by Rawson

Homes, is also finished and is open to the public,

so drop by and check it out between 10am and 5pm

seven days a week, or call and make an appointment with

Mark or Jeanette on 1800 667 626.

Rawson Homes

Lyndsay Edmonds HomesRawson Homes Rawson Homes

Water conservation a priorityIn a major sign that development is progressing fast at

Stonecutters Ridge, the water taps have been turned on at the site.

The development prides itself on its ability to combine environmental

sustainability with sophisticated modern living. So, to minimise the

impact on the environment, Stonecutters Ridge has designed a water

system which will use as little potable water (water of a quality suitable

for drinking) as possible. Potable water will not be used to irrigate the

Golf Course or residents’ gardens.

Instead, water mains have been installed on the site to distribute

recycled water for the most important part of the grounds –

the Golf Course, the green and the gardens. Homes will then be

able to connect to recycled water to use for their gardens and toilets.

What’s more, by supporting such sustainable initiatives, residents

will be able to gain BASIX credits and do their bit for caring for our

precious environment.

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Embracing Green SpaceThere is significant value in incorporating open green spaces into

any community development. As well as being aesthetically pleasing,

it also adds to property values, provides recreational space,

enhances residents’ quality of life and contributes to a community’s

unique identity.

Set amid rolling hills and a natural creek system, the undulating

160 hectare Stonecutters Ridge site encompasses a significant

60% of green space. This includes the Golf Course itself as well as

sprawling parkland and regenerated natural bushland. Approximately

30% of the homesites enjoy Golf Course frontage and many other

elevated sites capture panoramic Golf Course and parkland views,

substantially enhancing their appeal.

The natural habitat and many existing bodies of water have been

incorporated into the design and the grounds will also include

extensive walking and cycle paths to make it as recreationally

functional as possible. The prevalence of these green spaces

is a signature element to all Medallist developments.

Creating a beautiful natural environmentStonecutters Ridge is fast developing into one of New South Wales’

most scenic developments with the help of Arterra Landscape

Architects, experts in landscape design with extensive experience

in golf and residential developments.

More than $2.5 million has been spent on landscaping and tree

planting so far. Arterra has begun by planting more than 3500

plants around the lake area in front of the Sales & Information Centre.

Bordering the entrance to the new community development are

39 gracious Bunya Bunya pine trees. Stonecutters Ridge is investing in

the future of the site for residents, golfers and the broader community

by creating a beautiful and green place to live and visit.

Settlers Run, Victoria

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Sydney’s first Greg Norman-designed 18 hole Golf CourseDesigned to rank in Australia’s Top 100 Courses

Winding through the Stonecutters Ridge development,

Sydney’s first Greg Norman-designed 18 Hole

Championship Golf Course has been designed to rank

in Australia’s Top 100 Courses. The intended 6,247m,

par 71 course will sit amongst the rolling topography

of the site.

The course landscape will aim to reflect the

characteristics of it natural surrounds, with three

distinct themes envisaged, each complementing the

overall development and providing a range of sensory

experiences as players travel around the course.

The design follows the natural terrain of the site,

incorporating the meanderings of Eastern Creek

with undulating fairways and sloping greens.

Construction of the golf course is well under way.

Profile of the 7th Hole Bob Harrison, Vice President of Greg Norman Golf

Course Design, describes how the 7th Hole of the

Stonecutters Ridge 18 Hole Championship Golf

Course will shape up.

At 301 metres, the 7th Hole is another short par

four which will occasionally be drivable. These are

often the most spectacular and exciting holes and

many golfers’ favourites. In this case the hillside

to the right of the green is scattered with bunkers

which means that the best approach is from the

left. However you have to flirt with the water off

the tee in order to achieve this angle of approach.

The closer to the water you place your tee shot,

the easier the short shot to the green will be.

The other alternative is the all-or-nothing drive

across the wetland, with the prospect of running

the shot up and onto the green. The shape of the

ground will favour this brave tee shot, however the

carry across the water is about 260 metres from

the back tee and 240 metres from the front of

the men’s tees.

If you miss the green from the left you will have

a frightening chip from well below the green

though from a perfect lie on the fairway. On the

other side the recovery from the wider bunkers

will be very intimidating.

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All golfers know that the 19th Hole is an integral part

of the game so the team at Stonecutters Ridge is excited

to have lodged plans for the intended Clubhouse with

Blacktown City Council for development approval.

On 11 February 2009, DA approval was secured for

this development.

Located in the Village Centre alongside the Recreation

Centre, the Clubhouse is set to become the heart of

Stonecutters Ridge for golfers, residents and visitors

The Clubhouse – the famous 19th Hole alike. Spanning more than 2000 sqm over two levels,

it will include a fully licensed Restaurant with seating

for 140 people as well as a Function Centre for up to

250 people overlooking the 1st Hole.

The plans also include a Sports Bar and Bistro just steps

from the 18th Hole, ideal for unwinding after a game or

enjoying a cold drink on the outdoor terrace. Golfers will

have the benefit of a Pro Shop on site and there will be

parking for up to 230 cars.

For the parfait

400g duck livers

400g chicken livers

500g butter

4 eschalots

100g diced bacon

2 cloves garlic

2 sprig thyme

50ml brandy

Salt and pepper

For the garnish

Very soft butter

6 – 8 figs

Castor sugar

Brioche (or sourdough)

Method

Dice the eschalots and the garlic finely. Cook in a pan

with the thyme in some of the butter without colouring.

Once the eschalots start to soften, add the livers, season

with the salt and pepper and continue to cook for about

two minutes being careful not to overcook the liver.

Spring recipe by celebritychef Greg AndersonChef and owner of Sydney dining hot-spot’s Sugaroom Restaurant on the water at Pyrmont and Sails at McMahon’s Point, Greg Anderson’s career took off when he was employed as the executive chef for Greg Norman and his guests on Greg’s yacht, Aussie Rules.

Remove from the heat and add the brandy.

Place the contents of the pan into a food processor

and blend on high. Slowly add the butter and a little

more salt and pepper. Once the ingredients have been

pureed - strain the mixture through a fine sieve to

remove any lumps.

Place the mixture into a terrine mold or bread loaf tin.

Make sure to line it with glad wrap before pouring in the

mixture to make it easier to remove after it’s set.

Leave in the fridge for at least 12 hours before removing.

Take out and place upside down on a sheet of baking

paper and remove the mold. Take the glad wrap off and

our parfait is ready for buttering.

Take some softened butter and spread it over the three

sides of the parfait evenly with a spatula.

Place back in the fridge and leave for 30 minutes.

Remove, turn over and add the butter to the last side.

To serve

Cut the figs in half and sprinkle with sugar. Place in the

oven on high for about eight minutes.

Slice the parfait with a hot knife. Try to cut slices about ½

an inch thick.

Serve with some toasted brioche (or sourdough) and the

glazed figs.

Duck liver parfait with caramelised fig and toasted brioche

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Interest rate cuts mean substantial savings Signifi cant interest rate reductions over the past six

months equate to substantial savings for buyers and the

good news is there may even be more cuts on the way

according to some economists.

The Reserve Bank of Australia’s cash rate has now

fallen signifi cantly to 3.0% from a high of 7.25% in

March 2008, helping all potential home buyers to get

into the property market.

This 3% decrease equates to a colossal monthly saving

of almost $1,000 on a $500,000, 25 year mortgage,

presuming your interest rate fell from 9% to 6%. This

makes housing considerably more affordable and for

many will mean that owning the home of their dreams

is a reality.

Intending purchases should obtain their own advice in

relation to any potential ratings or the sustainability of an

investment in property.

Register your interest now

My ideal block is: Less than 450m2 450m2 - 550m2 550m2 - 700m2 700m2 - 850m2 More than 850m2

I prefer: Golf course frontage Non golf course frontage Golf course views

I am most interested in: Land House & Land Package Completed Homes Investment Opportunities

I am looking to buy: Now 3 months 6 months 9 months 12+ months

I would be interested in receiving further information on the Golf Course Membership: Yes No

Name: Mr/Mrs/Miss/Ms First Surname

Address: Suburb Postcode

State Email

Home phone Work phone Mobile

For more information about Stonecutters Ridge:

Please complete this form, and send to

Stonecutters Ridge Sales and Information Centre

25 Stonecutters Drive, off Symonds Road,

Colebee NSW 2761

Phone: 1800 667 626

Or register online at:

www.stonecuttersridge.com.au

Date:

Directions to Stonecutters Ridge Take the Richmond Road exit, turn left on to Richmond

Road and left onto Symonds Road, follow Symonds

Road back over the M7 Motorway to the Sales and

Information Centre.

By completing this form you may be providing personal information to Medallist, who use this information to provide you with offers that may be of interest to you. The information may also be provided to parties related to them but will not be utilised without your permission for any purpose other than that which may be reasonably expected. To gain access to your personal information contact info@stonecuttersridge.com or to view our full privacy policy, please visit www.stonecuttersridge.com.au 45

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