PROPERTY | ACQUISITION DATE | LOCATION | PROJECT VALUE (INCL. GST) | TOTAL LOTS | RELEASED | EXCHANGED | SETTLED | SETTLEMENT DATE FROM1 | SETTLEMENT DATE TO1 | CURRENT PRICE RANGE FROM/TO | PROJECT PERIOD (CALENDER YEAR) | CONSTRUCTION PROGRESS2 | DESCRIPTION | OWNERSHIP STRUCTURE |
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IN PROGRESS | ||||||||||||||
MINDARIE KEYS | Jan 96 | Mindarie | $298m | 1,541 | 1,541 | 1,538 | 1,538 | Land subdivision | 15% Equity Share | |||||
Completed Stages | $273m | 1,519 | 1,519 | 1,519 | 1,519 | Jun 03 | Apr 10 | $185,000 – $12.7m | early 1996 – mid 2010 | 100% | ||||
Stage 5B ii | $25m | 22 | 22 | 19 | 19 | Jun 08 | Jun 12 | $790,000 – $1.8m | mid 2007 – mid 2012 | 100% | ||||
THE PENINSULA BURSWOOD | Feb 03 | Burswood | $473m | 396 | 386 | 346 | 341 | 50% Mirvac Limited 50% AustralianSuper Fund | ||||||
Completed Stages | $217m | 168 | 168 | 168 | 168 | May 07 | Mar 10 | $540,000 – $13.4m | early 2003 – early 2010 | 100% | Apartments, housing, commercial land lots | |||
Allegro – Tower 1 | $2m | 2 | 1 | 1 | 1 | Apr 09 | Oct 13 | $450,000 – $825,000 | early 2003 – mid 2013 | 100% | Apartments | |||
Axis – Tower 2 | $27m | 29 | 28 | 28 | 28 | Apr 09 | Jun 13 | $475,000 – $2.3m | early 2003 – mid 2013 | 100% | Apartments | |||
Aurora – Tower 4 | $150m | 133 | 125 | 99 | 97 | Dec 09 | Jun 15 | $590,000 – $4.2m | mid 2006 – mid 2015 | 100% | Apartments | |||
Aquarius – Tower 5 | $77m | 64 | 64 | 50 | 47 | Jun 10 | Apr 14 | $550,000 – $3.0m | early 2007 – mid 2014 | 100% | Apartments | |||
MANDURAH SYNDICATES MWRDP | Mandurah | $104m | 465 | 297 | 208 | 206 | 100% MWRDP (Mirvac Limited 20% equity interest) | |||||||
Bridgewater MWRDP | Jun 07 3 | $35m | 157 | 79 | 38 | 38 | Jun 08 | Sep 13 | $170,000 – $285,000 | mid 2007 – end 2013 | 100% | Land | ||
Meadow Springs MWRDP Syndicate | Jun 07 3 | $46m | 234 | 187 | 151 | 150 | Mar 09 | Jul 13 | $149,000 – $240,000 | mid 2007 – end 2013 | 90% | Land | ||
Seascapes Town Centre MWRDP Syndicate | Jun 08 3 | $23m | 74 | 31 | 19 | 18 | Mar 09 | Oct 13 | $160,000 – $2.3m | mid 2008 – end 2013 | 100% | Mix of residential and retail lots | ||
MANDURAH SYNDICATES MIRVAC FUNDS MANAGEMENT | Mandurah | $229m | 1,004 | 836 | 782 | 778 | ||||||||
Mirvac Development Fund – Seascapes | Dec 05 | $138m | 553 | 416 | 383 | 381 | Jun 06 | Nov 14 | $120,000 – $400,000 | mid 2006 – end 2014 | 85% | Land | 100% Mirvac Development Fund – Seascapes | |
Mirvac Development Fund – Meadow Springs | Jun 06 | $91m | 451 | 420 | 399 | 397 | Dec 06 | Oct 12 | $130,000 – $3.1m | mid 2006 – mid 2012 | 95% | Land | 100% Mirvac Development Fund – Meadow Springs | |
MEADOW SPRINGS HOUSING | Aug 03 | Mandurah | $92m | 183 | 183 | 182 | 182 | 100% Mirvac Limited | ||||||
Completed Stages | $61m | 113 | 113 | 113 | 113 | Mar 07 | Dec 11 | $145,000 – $17.2m | mid 2003 – end 2011 | 100% | Architecturally designed homes and Golf Course | |||
Portrush Green | $31m | 70 | 70 | 69 | 69 | May 08 | Jan 12 | $350,000 – $675,000 | mid 2003 – early 2012 | 100% | Houses | |||
THE POINT | Dec 05 | Mandurah | $162m | 138 | 136 | 109 | 109 | 100% Mirvac Limited | ||||||
Building A | $17m | 13 | 13 | 8 | 8 | Jun 09 | Apr 16 | $600,000 – $4.3m | end 2005 – mid 2016 | 100% | Hotel and apartments | |||
Building B | $87m | 78 | 78 | 68 | 68 | Dec 08 | Jun 16 | $295,000 – $3.6m | end 2005 – mid 2016 | 100% | Apartments | |||
Building C | $58m | 47 | 45 | 33 | 33 | Dec 08 | Jun 16 | $520,000 – $3.6m | end 2005 – mid 2016 | 100% | Apartments | |||
SWANBOURNE | Jun 05 | Swanbourne | $59m | 58 | 58 | 55 | 55 | Land subdivision & houses | 50% Mirvac Limited 50% Landcorp | |||||
Completed Stages | $49m | 51 | 51 | 51 | 51 | Nov 07 | Jun 09 | $840,000 – $1.9m | mid 2005 – mid 2009 | 100% | ||||
Stage 2 | $10m | 7 | 7 | 4 | 4 | Mar 11 | Jun 12 | $1.3 – $1.6m | early2008 – mid 2012 | 100% | ||||
BINNINGUP | Jan 08 | Binningup | $9m | 42 | 40 | 13 | 13 | Land lots | PDA with Binningup Nominees | |||||
Stage 5 – Lakewood Shores | $3m | 18 | 17 | 6 | 6 | Jul 09 | Jun 13 | $145,000 – $180,000 | mid 2009 – mid 2013 | 100% | ||||
Stage 6 – Lakewood Shores | $6m | 24 | 23 | 7 | 7 | Feb 10 | Jun 13 | $210,000 – $250,000 | mid 2009 – mid 2013 | 100% | ||||
BEACHSIDE LEIGHTON | Aug 06 | North Fremantle | $174m | 68 | 64 | 54 | 40 | 100% Mirvac Limited | ||||||
Stage 1 – Lot 2 | $158m | 61 | 57 | 53 | 40 | Nov 10 | Apr 15 | $1.0m – $8.9m | mid 2006 – mid 2015 | 100% | Apartments / Retail | |||
Stage 1A – Lot 2 | $16m | 7 | 7 | 1 | 0 | Oct 12 | Jun 15 | $2.3m – $2.6m | mid 2007 – mid 2015 | 100% | Terraces | |||
KENNEDY BAY 4 | Oct 06 | Port Kennedy | $161m | 445 | 0 | 0 | 0 | Dec 13 | Jul 23 | $240,000 – $610,000 | end 2006 – mid 2023 | 10% | Land subdivision | PDA with WABGR |
JANE BROOK | Jul 06 | Jane Brook | $10m | 38 | 36 | 22 | 21 | Jun 11 | Feb 15 | $250,000 – $270,000 | mid 2010 – early 2015 | 100% | Urban land lots | 100% Mirvac Limited |
PROPERTY | ACQUISITION DATE | LOCATION | PROJECT VALUE (INCL. GST) | TOTAL LOTS | PROJECT PERIOD (CALENDER YEAR) | DESCRIPTION | OWNERSHIP STRUCTURE | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
PROPOSED | |||||||||||||||||
JANE BROOK | Jul 06 | Jane Brook | $60m | 178 | mid 2010 – early 2016 | Land | 100% Mirvac Limited | ||||||||||
BEACHSIDE LEIGHTON | Aug 06 | North Fremantle | $267m | 89 | mid 2007 – mid 2019 | Houses, hotel and apartments | 100% Mirvac Limited | ||||||||||
BINNINGUP | Jan 08 | Binningup | $347m | 1,303 | mid 2013 – end 2026 | Land | PDA with Binningup Nominees | ||||||||||
SWANBOURNE | Jun 05 | Swanbourne | $58m | 36 | end 2008 – early 2018 | Houses and land | JV with Landcorp | ||||||||||
THE PENINSULA BURSWOOD | Feb 03 | Burswood | $305m | 273 | end 2010 – end 2019 | Housing and apartments | JV with AustralianSuper Fund | ||||||||||
MANDURAH SYNDICATES MWRDP | |||||||||||||||||
Bridgewater MWRDP | Jun 07 | Mandurah | $46m | 160 | mid 2013 – early 2015 | Land | PDA with MWRDP Mirvac Limited 20% equity interest | ||||||||||
Meadow Springs MWRDP | Jun 07 | Mandurah | $57m | 244 | mid 2007 – end 2016 | Land | PDA with MWRDP Mirvac Limited 20% equity interest | ||||||||||
Seascapes Town Centre MWRDP | Jun 08 | Mandurah | $36m | 97 | early 2013 – early 2016 | Land | PDA with MWRDP Mirvac Limited 20% equity interest | ||||||||||
MANDURAH SYNDICATES MIRVAC FUNDS MANAGEMENT | |||||||||||||||||
Mirvac Development Fund – Meadow Springs | May 02 | Mandurah | $39m | 194 | mid 2012 – end 2015 | Land | 100% Mirvac Development Fund – Meadow Springs |
1) SETTLEMENT DATES MAY VARY AS CIRCUMSTANCES CHANGE.
2) CONSTRUCTION PROGRESS AS A PERCENTAGE OF COST. WHICH INCLUDES LAND SUBDIVISION BUT NOT LAND ACQUISITION.
3) TRANSACTION DATE.
4) THE PROJECT HAS BEEN REVISED TO A LAND SUBDIVISION IN RESPONSE TO MARKET CONDITIONS.