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2125 Nicholson

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21-25 Nicholson St, Bentleigh

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Page 1: 2125 Nicholson
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welcome to

BENTLEIGH

Page 4: 2125 Nicholson

relaxed and accessible,bentleigh offers

the perfect balanceof old and new

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This visually striking and contemporary development of 45 apartments across 4 levels offers a choice of configurations to meet your needs, with 2 and 3 bedroom

apartments.

Considered landscaping sets the tone for a tranquil environment, which continues in your own space, with most apartments boasting generous courtyards or private

balconies. Convenience is paramount and each apartment comes with its own secure basement car park and storage area.

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3D Artist Impression

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At 2125 Nicholson you can experience the best

Bentleigh has to offer in a brand new home,

metres from bentleigh and mckinnon train stations.

this deeply established suburb is also known for its

proximity to shopping streets, beaches and parks

Page 9: 2125 Nicholson

Perfectly positioned opposite Bentleigh Train Station and Bentleigh Sunday Market and just a couple of minutes on foot to the buzzing Centre Rd Shopping Strip, convenience and lifestyle are

yours to enjoy. Two Kings Cafe, Bent Espresso and Little Tommy Tucker are set to become your local brunch and coffee stops and for the staples, Target, Coles and Aldi are at your fingertips.

2125 Nicholson is situated within McKinnon Secondary College Zone and only 2 minutes drive to Bentleigh West Primary School. Renowned for beautiful parklands and schools, 2125 Nicholson brings you closer to nature with Allnuttt Park and Bentleigh Reserve within walking distance.

Commute with ease to Melbourne’s CBD by car or by train in around 40 minutes. Sit back, relax and enjoy the ride.

Page 10: 2125 Nicholson

McKinnonReserve

Bentleigh Reserve

McKinnonPrimary School

McKinnon School Zone

McKinnon School Zone

McKinnon School Zone

McKinnon School Zone

McKinnonSecondary College

ValkstonePrimary School

St Kevin’sPrimary School

OrmondPrimary School

DENDYST

NEPEA

N H

WY

MARRIAGE RD

BREWER RD

WERE ST

TH

OM

AS

ST

TU

CK

ER

RD

PATTERSON RD

HA

WT

HO

RN

RD

HA

MP

TO

N S

T

NE

W S

T

ST

KIL

DA

ST

ES

PL

AN

AD

E

PARK ST

CENTRE RD

CENTRE RD

NORTH RD

MCKINNON RD

E B

OU

ND

AR

Y R

D

JA

SP

ER

RD

NIC

HO

LS

ON

ST

WARD ST

HALIFAX S

T

BAY ST

Bentleigh

McKinnon

Ormond

Patterson

North Brighton

Middle Brighton

Brighton Beach6.3km - 11min drive from

21 25 NICHOLSON

LOCATION

BENTLEIGH

Page 11: 2125 Nicholson

McKinnonReserve

Bentleigh Reserve

McKinnonPrimary School

McKinnon School Zone

McKinnon School Zone

McKinnon School Zone

McKinnon School Zone

McKinnonSecondary College

ValkstonePrimary School

St Kevin’sPrimary School

OrmondPrimary School

DENDYST

NEPEA

N H

WY

MARRIAGE RD

BREWER RD

WERE ST

TH

OM

AS

ST

TU

CK

ER

RD

PATTERSON RD

HA

WT

HO

RN

RD

HA

MP

TO

N S

T

NE

W S

T

ST

KIL

DA

ST

ES

PL

AN

AD

E

PARK ST

CENTRE RD

CENTRE RD

NORTH RD

MCKINNON RD

E B

OU

ND

AR

Y R

D

JA

SP

ER

RD

NIC

HO

LS

ON

ST

WARD ST

HALIFAX S

T

BAY ST

Bentleigh

McKinnon

Ormond

Patterson

North Brighton

Middle Brighton

Brighton Beach6.3km - 11min drive from

21 25 NICHOLSON

SHOPPING STRIP

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3D Artist Impression

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3D Artist Impression

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The kitchen forms the hub of the home offering

all the style and function you would expect of

a brand new apartment

Page 17: 2125 Nicholson

Living at 2125 Nicholson allows you to spread out and relax. Large interiors with timber flooring adjoin private outdoor spaces.

A primarily black and white colour palette is sleek and sophisticated. Smoke mirror splash backs, matte black cabinetry and fittings such as kitchen taps

continue the theme. Black appliances and stone bench tops are attractive and durable. In addition, pull out pantry with racking makes space efficient and tidy. In the bathroom, the classic colour scheme continues with 2pac black

satin panels, mirrored cabinetry and a wall mounted vanity. A floor to ceiling feature wall of hexagon mosaic tiles and finishing touches such as the oval

basin draw you in to this luxurious room.

Even in the bedrooms, touches of class make your home more comfortable with carpet floors, mirrored built in robes and pull down hydraulic hangers.

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3D Artist Impression

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3D Artist Impression

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why choose

BENTLEIGH ?

Page 23: 2125 Nicholson

NORTH RD

MCKINNON RD

MURRAY RD

CENTRE RD

TH

OM

AS

ST

JAS

PE

R R

D

TU

CK

ER

RD

E B

OU

ND

AR

Y R

D

MCKINNON SCHOOL ZONE

WH

EA

TL

EY

RD

BENTLEIGH

MCKINNON

ORMOND

McKinnon ScHool ZonE

Education is the big winner in this year’s state budget with $730 million to build, upgrade and maintain schools, including schools in McKinnon School Zone and surrounding areas.

Treasurer Tim Pallas has said that this is the biggest education budget in Victoria’s history, with money to build and renovate 67 schools across the state.

For more information:

Herald Sun

Victorian State Budget 2015 - Who Gets What

http://www.heraldsun.com.au/leader/news/victorian-state-

budget-2015-who-gets-what/story-fnglekhp-1227337233088

For more information:

www.premier.vic.gov.au

$2.4 Billion To Kick Start Level Crossing Removals

http://www.premier.vic.gov.au/2-4-billion-to-kick-

start-level-crossing-removals

The Andrews Labor Government has invested up to $2.4 billion in its first Budget to kick-start the removal of 50 of Victoria’s most dangerous and congested level crossings, including crossings on Centre Road, Bentleigh and McKinnon Road, McKinnon.

The unprecedented investment is part of the 2015-16 Victorian Budget which confirms the Labor Government will deliver on its promise to fund the removal of at least 20 level crossings in its first term.

1. state budget for schools in the area

2. Level crossing upgrade & removal

MCKINNON SCHOOL ZONE

Page 24: 2125 Nicholson

Glen Eira Sports and Aquatic CentreApprox 2.8km / 8 minute drive

Centre Road ShopsApprox 170m / 2 minute walk

Coles SupermarketApprox 350m / 4 minute walk

McKinnon Secondary CollegeApprox 1.4km / 4 minute drive

3. convenience

Page 25: 2125 Nicholson

Bentleigh ReserveApprox 900m / 1 1 minute drive

Brighton BeachApprox 7km / 14 minute drive

Little Tommy TuckerApprox 300m / 4 minute walk

Bentleigh Train StationApprox 60m / 1 minute walk

Page 26: 2125 Nicholson

30.8%Professionals

15.8%Administrative Workers

15.1%Managers

2.4%Others

10.8%Technicians & Trades Workers

9.7%Sales Workers

8.4%Community & Personal

Service Workers

4.5%Labourers

2.4%Machinery Operators

& Drivers

bentleigh demographic

employment

39

$351

$1518

$641

$2K

AVERAGE AGE

MEDIAN RENT

MEDIAN HOUSEHOLD

INCOME

MEDIAN INDIVIDUAL

INCOME

MEDIAN MORTGAGE REPAYMENT

per week

per week

per week

per month

Source: bentleighlocalstats.com.au

48.3%Male

51.3%Married

51.7%Female

32.8%Never Married

7.4%Other

58.6%Full Time

51.3%Part Time

Page 27: 2125 Nicholson

bmt tax depreciationquantity surveyors

Depreciation Potential – Plant and capital AllowanceThe purchaser of the property, intending to use it for income producing purposes, is entitled to depreciation including:Division 40, Depreciation of Plant and Equipment; and Division 43, Capital Works Allowance (2.5 % pa).

The depreciation of plant and equipment items is based on the diminishing value effective life rates as published by the commissioner of taxation (2015/2).

In the scenario where plant and equipment items are not sold at an agreed value these items will be depreciated on the basis of a just attribution of the total expenditure (42-65 ITAA97).

capital Work AllowanceThe special building write off allowance is based on the industry specific eligible dates. If the property qualifies for the special building write off, the applicable depreciation rate will be used.Where properties do not qualify for the special building write off allowance, no capital works allowance will be used.

The allowance for capital works will be based on the historical cost of construction less nondepreciable items.

Estimate calculationThis report is based on a just attribution of the total expenditure to estimate the allowances for plant. The estimates provided are based on the sale price as indicated, as the final purchase price at this time is not known.

This estimate has been provided for the purpose of informing the investor of the depreciation potential. Different depreciation returns are available and are influenced by the purchase price of the property.

Please note that the first year calculations are based on ownership over a full financial year.

DisclaimerThis report has been based on very preliminary documentation, and the figures provided should betreated as a guide only.

As documentation improves, BMT Tax Depreciation will be able to provide more accurateestimates of depreciation.

Page 28: 2125 Nicholson

estimate of depreciation claimable

typical 2 bedroom + 1 bathroom apartment

Year1

Year2

Year5

Year8

Year3

Year6

Year9

Year4

Year7

Year10

max.min.

$16,000

Comparison Year 1 - 10 (Max & Min)

$14,400

$12,800

$11,200

$9,600

$8,000

$6,400

$4,800

$3,200

$1,600

$0

Year1

Year2

Year5

Year8

Year3

Year6

Year9

Year4

Year7

Year10

max.min.

$102,000

CUMULATIVE Year 1 - 10 (MIN & MAX)

$91,800

$81,600

$71,400

$61,200

$51,000

$40,800

$30,600

$20,400

$10,200

$0

Year

1

2

3

4

5

6

7

8

9

10

11+

Total

Plant & Equipment

$ 8,616

$ 7,465

$ 5,059

$ 3,487

$ 2,61 6

$ 2,024

$ 1 ,727

$ 1 , 1 1 7

$ 736

$ 493

$ 2,049

$ 35,389

Total

$ 1 5,473

$ 14,322

$ 1 1 ,916

$ 10,344

$ 9,473

$ 8,88 1

$ 8,584

$ 7, 974

$ 7, 593

$ 7, 350

$207,780

$309,690

Division 43

$ 6,857

$ 6,857

$ 6,857

$ 6,857

$ 6,857

$ 6,857

$ 6,857

$ 6,857

$ 6,857

$ 6,857

$205,731

$274,301

maximum

Year

1

2

3

4

5

6

7

8

9

10

11+

Total

Plant & Equipment

$ 7,050

$ 6,107

$ 4,139

$ 2,853

$ 2,140

$ 1 ,656

$ 1 ,413

$ 914

$ 602

$ 403

$ 1 ,677

$ 28,954

Total

$ 1 2,661

$ 1 1 ,718

$ 9,750

$ 8,464

$ 7,751

$ 7,267

$ 7,024

$ 6,525

$ 6,213

$ 6,014

$170,002

$253,389

Division 43

$ 5,61 1

$ 5,61 1

$ 5,61 1

$ 5,61 1

$ 5,61 1

$ 5,61 1

$ 5,61 1

$ 5,61 1

$ 5,61 1

$ 5,61 1

$168,325

$224,435

MINIMUM

*assumes settlement on 1 July in any given year

This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type

and date of construction. This estimate is based upon legislation in force at the date of report production.

THiS EST iMATE cAnnoT b E uSED for TAxATi on P urP oSES

Source: BMT Tax Depreciation Quantity Surveyors

Page 29: 2125 Nicholson

typical 2 bedroom + 2 bathroom apartment

Year1

Year2

Year5

Year8

Year3

Year6

Year9

Year4

Year7

Year10

max.min.

$18,000

Comparison Year 1 - 10 (Max & Min)

$16,200

$14,400

$12,600

$10,800

$9,000

$7,200

$5,400

$3,600

$1,800

$0

Year1

Year2

Year5

Year8

Year3

Year6

Year9

Year4

Year7

Year10

max.min.

$102,000

CUMULATIVE Year 1 - 10 (MIN & MAX)

$91,800

$81,600

$71,400

$61,200

$51,000

$40,800

$30,600

$20,400

$10,200

$0

Year

1

2

3

4

5

6

7

8

9

10

11+

Total

Plant & Equipment

$ 9,305

$ 9,159

$ 6, 157

$ 4,205

$ 3,091

$ 2,346

$ 1 ,775

$ 1 ,371

$ 905

$ 605

$ 2,533

$4 1,452

Total

$ 17,867

$ 17,721

$ 14,719

$ 12,767

$ 1 1,653

$ 10,908

$ 10,337

$ 9,933

$ 9,467

$ 9,167

$ 259,435

$ 383,974

Division 43

$ 8,562

$ 8,562

$ 8,562

$ 8,562

$ 8,562

$ 8,562

$ 8,562

$ 8,562

$ 8,562

$ 8,562

$256,902

$342,522

maximum

Year

1

2

3

4

5

6

7

8

9

10

11+

Total

Plant & Equipment

$ 7,613

$ 7,493

$ 5,037

$ 3,441

$ 2,529

$ 1,920

$ 1 ,453

$ 1 ,1 2 1

$ 741

$ 495

$ 2,073

$ 33,9 16

Total

$ 1 4,619

$ 14,499

$ 1 2,043

$ 1 0,447

$ 9,535

$ 8,926

$ 8,459

$ 8,127

$ 7,747

$ 7,501

$212,265

$314,168

Division 43

$ 7,006

$ 7,006

$ 7,006

$ 7,006

$ 7,006

$ 7,006

$ 7,006

$ 7,006

$ 7,006

$ 7,006

$210,192

$280,252

MINIMUM

*assumes settlement on 1 July in any given year

This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type

and date of construction. This estimate is based upon legislation in force at the date of report production.

THiS EST iMATE cAnnoT b E uSED for TAxATi on P urP oSES

Source: BMT Tax Depreciation Quantity Surveyors

Page 30: 2125 Nicholson

typical 3 bedroom + 2 bathroom apartment

Year1

Year2

Year5

Year8

Year3

Year6

Year9

Year4

Year7

Year10

max.min.

$21,000

Comparison Year 1 - 10 (Max & Min)

$18,900

$16,800

$14,700

$12,600

$10,500

$8,400

$6,300

$4,200

$2,100

$0

Year1

Year2

Year5

Year8

Year3

Year6

Year9

Year4

Year7

Year10

max.min.

$146,000

CUMULATIVE Year 1 - 10 (MIN & MAX)

$131,400

$116,800

$102,200

$87,600

$73,000

$58,400

$43,800

$29,200

$14,600

$0

Year

1

2

3

4

5

6

7

8

9

10

11+

Total

Plant & Equipment

$ 10,157

$ 10,527

$ 7,049

$ 4,796

$ 3,485

$ 2,616

$ 1 ,962

$ 1,330

$ 1 ,091

$ 726

$ 3,021

$ 46,760

Total

$ 20,300

$ 17,72 1

$ 14,719

$ 12,767

$ 1 1,653

$ 10,908

$ 10,337

$ 9,933

$ 9,467

$ 9, 167

$ 259,435

$ 383,974

Division 43

$ 10,143

$ 10,143

$ 10,143

$ 10,143

$ 10,143

$ 10,143

$ 10,143

$ 10,143

$ 10,143

$ 10,143

$304,296

$405,726

maximum

Year

1

2

3

4

5

6

7

8

9

10

11+

Total

Plant & Equipment

$ 8,311

$ 8,613

$ 5,767

$ 3,924

$ 2,851

$ 2,140

$ 1 ,606

$ 1,088

$ 893

$ 594

$ 2,471

$ 38,258

Total

$ 16,610

$ 16,912

$ 14,066

$ 12,223

$ 1 1 ,150

$ 10,439

$ 9,905

$ 9,387

$ 9,192

$ 8,893

$251,441

$314, 168

Division 43

$ 8,299

$ 8,299

$ 8,299

$ 8,299

$ 8,299

$ 8,299

$ 8,299

$ 8,299

$ 8,299

$ 8,299

$248,970

$331,960

MINIMUM

*assumes settlement on 1 July in any given year

This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type

and date of construction. This estimate is based upon legislation in force at the date of report production.

estimate of depreciation claimable

THiS EST iMATE cAnnoT b E uSED for TAxATi on P urP oSES

Source: BMT Tax Depreciation Quantity Surveyors

Page 31: 2125 Nicholson

This document has been produced solely for the information of potential purchasers, to assist them in deciding whether they are sufficiently interested in the properties to proceed further. The information contained in this material has been produced in good faith with due care. We do not warrant the accuracy of any information contained herein and do not accept

liability for negligence, any error or discrepancy, or otherwise in the information. This document may be subject to change without notice.

3D Artist Impression & Graphic Publication by ArcticMirage.com.au

Page 32: 2125 Nicholson

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