Crown Allotment 2 Black Forest Road, Werribee
PAGE 1
Valuation Report
Crown Allotment 2 Black Forest Road, Werribee
Contents.
Instructions. ........................................................................................................................ 1
Title & Land Description. ....................................................................................................... 2
Planning Details. ................................................................................................................. 3
Land & Locality Description. ................................................................................................ 6
Scope of the Development. ................................................................................................ 10
Market Commentary. ......................................................................................................... 13
Growth Area Infrastructure Contribution (GAIC). ................................................................ 13
Valuation Rationale. .......................................................................................................... 14
Valuation & Valuation Compliance Statement. ................................................................... 19
Assumptions / Qualifications. ............................................................................................ 22
Annexures.
Letter of Instruction
Title Details
Planning Details
Planning Permit
Plan of Subdivision
Development Cost Estimate
Cashflow Analysis
Photographs
Instructions.
Instructing Party Peet Funds Management Limited
Level 7
200 St. Georges Terrace
PERTH WA 6000
(Mr. Peter Dumas)
Telephone (08) 9420 1187
Refer to Assumptions / Qualifications - Instructing Party / Terms of Reference
Refer to Assumptions / Qualifications - Definitions of Value
Purpose This report has been prepared for the use of our client for the stated purpose and should
not be reproduced in whole or part, apart from use within the Product Disclosure Statement
(PDS), or relied upon by any other party for any other use, other than investors using the
PDS to decide whether to invest in Peet Werribee Land Syndicate, without the express
written authority of Charter Keck Cramer. Specifically, no party may rely upon financial
projections contained within the report. Any projections within our report are made as a
valuation for the assessment of value at a static point in time and should not be
represented in any way providing an indication as to the likely future profits, cashflow or
value.