Development Proposal Report [As Published] · 132007.2399

            (b) Body Corporate Community Management Statement: The by-laws contained in
                the community management statement will be similar to the above covenants. In
                addition to the vendor, the body corporate will also be required to review and
                approve the building designs. Draft by-laws for the proposed development are
                provided in Appendix 10 to illustrate the types of building controls that are
                planned to be applied.

     4.7. Tenure

            It is proposed to reconfigure the site. First, create a lot having its perimeter boundary
            of the proposed residential development site and the balance of the existing Lot
            being part of the golf course etc. Secondly, reconfigure that Lot pursuant to the Body
            Corporate and Community Management Act to create twenty seven (27) residential
            lots and common property and to create an access easement over part of the
            common property. Reconfiguration as a community title scheme is regarded as an
            appropriate ownership and management structure for the proposed development.

     4.8. Caretaking

            Property management and caretaking services will be provided to the body corporate
            to maintain the common property landscaped areas in a similar way to the high
            standards elsewhere within Noosa Springs.

     4.9. Golf Course Improvements

            The proposal is to improve the golf course by the realignment of the first part of the
            18th hole. Being the last hole played by a golfer, it is desirable for it to have a
            memorable character. The realignment of the hole improves it as follows:

            (a) Increases the number of golf tees to four (championship, members, social and
                ladies). The existing hole has three tees, where members and social players
                share a tee.

            (b) The golf tees located along the small lake is superior to the existing arrangement.
                The golf shot from the championship tee will be across water and the dry native
                grass area.

            (c) Mounding and bunkering of the hole will improve the aesthetics of the hole.

            (d) The small lake is designed to be higher and water will cascade down a rock
                waterfall feature to the existing watercourse. Therefore, the outlook from the 9th



Development Proposal Report (Noosa Springs – Precinct J)                                   Page 15 of 17