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2021-09-13 General Committee Meeting Agenda
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GENERAL COMMITTEE MEETING AGENDA 13 SEPTEMBER 2021
Attachment 2
Page 71 of 135
GENERAL COMMITTEE MEETING AGENDA 13 SEPTEMBER 2021
Attachment 2
DG:HS AASpropert
J3393 P P y
Adelaide. Brisbane. Melbourne. Sydney
m3property Australia Pty Ltd
ABN 60 153 395 405
Level 2, 15 James Street, Fortitude Valley, Qld, 4006
Telephone +61 7 3620 7900
Email [email protected]
www .m3property.com.au
26 July 2021
Mr Joel Douglas
Development Manager
Stockwell
399 Montague Road
West End Qld 4101
Email: [email protected]
Dear Joel,
RE: ADVISORY LETTER
28 EENIE CREEK ROAD (NOOSA CIVIC —- BALANCE LAND) — PART OF LOT 3 SP246584 (PROPOSED LOTS 2 & 22),
NOOSAVILLE, QLD, 4566
Instructions
We have been instructed by Stockwell, to provide an indication of the market values of the above-described property for internal reporting
purposes. The advisory letter cannot be utilised for any other purposes. We have been instructed to complete our assessment on the
following scenarios:
. Scenario 1 - Market Value of Proposed Lots 2 & 22, assuming the highest and best use subject to the Noosa Plan 2006 (as at 30
July 2020).
° Scenario 2 - Market Value of Proposed Lots 2 & 22, assuming the highest and best use subject to the Noosa Plan 2020 (as at 31
July 2020).
We have conducted a kerbside inspection of the parent parcel (11 September 2020) and have therefore relied upon the information
provided by the instructing party, which includes the following:
. Copy of the Proposed Survey Plan.
° Summary of key changes between Noosa Plan 2006 and Noosa Plan 2020 prepared by the instructing party's town planner.
° Copy of the Infrastructure Agreement.
° Copy of the Noosa Civic Infrastructure Charges.
Our assessment of the proposed lots has been completed on the following basis:
° The proposed lots have the ability to be cleared, with the exception of the identified vegetation covenants.
° The infrastructure credits paid in 2003 are transferrable to an intending purchaser of the proposed lots.
° A sale of Proposed Lot 2 under Scenario 2 would be subject to obtaining development approval given the permitted uses.
Liability limited by a scheme approved under Professional Standards Legislation.
Document Set ID: 21593272
Version: 1, Version Date: 24/08/2021
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