Cedar Woods Properties Limited · ASX:CWP
Cedar Woods Properties — Investor Presentation (May 2012)
66 slides from Cedar Woods Properties's investor presentation, May 31, 2012
Slide 1: Melbourne Investor Tour Presentation
For personal use only 30 May 2012 Australian Securities Exchange Limited Exchange Centre Level 4 20 Bridge Street Sydney NSW 2000 Dear Sir / Madam MELBOURNE INVESTOR TOUR PRESENTATION Please find attached our presentation to institutional investors and analysts, who are participating in a tour of th
Slide 2: Victorian Projects Tour
VICTORIAN For personal use only PROJECTS TOUR 31 May 2012
Slide 3: Presentation Outline
PRESENTATION OUTLINE For personal use only ► Project Locations ► Project Timelines ► Realm, Camberwell ► Banbury Village, Footscray ► Williams Landing Residential ► Williams Landing Town Centre ► Carlingford, Lalor ► St Albans 2
Slide 4: Melbourne Project Timelines
MELBOURNE PROJECT TIMELINES For personal use only 3
Slide 5: Project Location Map - Melbourne
PROJECT LOCATION MAP - MELBOURNE For personal use only 4
Slide 6: Realm Camberwell
5 For personal use only REALM CAMBERWELL
Slide 7: Realm Overview
REALM OVERVIEW For personal use only ►2.55ha, 12km from CBD ►78 dwellings – homes and townhouses ►Full planning approval in place ►Civil works approaching completion ►Housing construction to start mid 2012 ►22 of 27 sold in first release ►Stage 2 now released ►65% FY13 presales already achieved 6
Slide 8: Realm Regional Context
REALM REGIONAL CONTEXT For personal use only 7
Slide 9: Realm Aerial & Masterplan
REALM AERIAL & MASTERPLAN For personal use only 8
Slide 10: Realm – Town Houses
For personal use only REALM – TOWN HOUSES
Slide 11: Realm – Detached Houses
REALM – DETACHED HOUSES For personal use only
Slide 12: Realm – Interior
For personal use only REALM – INTERIOR
Slide 13: Banbury Village, Footscray
BANBURY VILLAGE, FOOTSCRAY For personal use only 12
Slide 14: Banbury Village Overview
BANBURY VILLAGE OVERVIEW For personal use only ► 9ha, 6.5km from CBD ► 400 dwellings – houses, townhouses, apartments and 3 retail tenancies ► 198 homes and apartments sold ► 123 homes completed and settled ► Construction began July 2009 ► Prices achieved from $260,000 – $800,000 ► 70% FY13 presales
Slide 15: For personal use only
Cedar Woods | so weuns nore orion www.banburyvillage.com.au 1300 88 16 88
Slide 16: Banbury Village – Master Plan
BANBURY VILLAGE – MASTER PLAN For personal use only 15
Slide 17: For personal use only
For personal use only
Slide 18: Williams Landing
17 For personal use only WILLIAMS LANDING
Slide 19: Williams Landing Overview
WILLIAMS LANDING OVERVIEW For personal use only ► 275ha, 19km from CBD ► New suburb, infill site – postcode 3027 ► 2,500+ dwellings and 7,000+ residents ► 900 lots sold and 700 lots settled since March 2008 ► Masterplanned community including 50ha town centre and 70ha of parklands and conservation
Slide 20: Williams Landing – Master Plan
WILLIAMS LANDING – MASTER PLAN For personal use only 19
Slide 21: Williams Landing – Ashcroft Park
WILLIAMS LANDING – ASHCROFT PARK For personal use only
Slide 22: Williams Landing – Ashcroft Park
WILLIAMS LANDING – ASHCROFT PARK For personal use only
Slide 23: Williams Landing Town Centre – Vision
WILLIAMS LANDING TOWN CENTRE – VISION For personal use only ► Regional level mixed-use centre ► High order retailing and bulky goods centre ► Employment node accommodating 5000 permanent jobs ► Major centre for business / white collar employment ► Showcase transit-oriented development ► Medium and p
Slide 24: Williams Landing Town Centre – Summary
WILLIAMS LANDING TOWN CENTRE – SUMMARY For personal use only ► 36ha of developable land for the town centre ► 450,000m2 of proposed GFA for retail, commercial, bulky goods, hardware, medical, mixed use and residential ► Approval for 25,000m2 of retail, 35,000m2 of bulky goods and 35,000m2 of busines
Slide 25: Williams Landing Shopping Centre – Planning
WILLIAMS LANDING SHOPPING CENTRE – PLANNING For personal use only ► Priority development zone ► Major activity centre ► Town centre development plan approved ► Stage 1 permit approved ► 25,000m2 ‘as of right’ retail ► Masters store permit approval pending ► Bulky goods stores up to 35,000m2 24
Slide 26: For personal use only
fpr mnnnenelee 7a williams Cedar @ Woods AWARD WINNING PROPERTY DEVELOPER
Slide 27: Williams Landing Train Station
WILLIAMS LANDING TRAIN STATION For personal use only Artist’s impression only. Train station under construction.
Slide 28: For personal use only
For personal use only Artist’s impression only.
Slide 29: Town Centre
Town Centre Role - For personal use only Addressing the imbalance of centres.
Slide 30: Proposed Williams Landing Masters Store
PROPOSED WILLIAMS LANDING MASTERS STORE For personal use only Artist’s impression only.
Slide 31: For personal use only
For personal use only Artist’s impression only.
Slide 32: For personal use only
For personal use only Artist’s impression only.
Slide 33: For personal use only
For personal use only Artist’s impression only.
Slide 34: For personal use only
For personal use only Artist’s impression only.
Slide 35: For personal use only
For personal use only Artist’s impression only.
Slide 36: Carlingford, Lalor
35 For personal use only CARLINGFORD, LALOR
Slide 37: Carlingford Overview
CARLINGFORD OVERVIEW For personal use only ►55.4ha, 17km north of CBD ►Schools, shops, hospital all nearby ►600 residential lots ►100 lots subject to rezoning ►432 lots sold since April 2008 36
Slide 38: For personal use only
For personal use only
Slide 39: Carlingford – Master Plan
CARLINGFORD – MASTER PLAN For personal use only
Slide 40: Carlingford, Lalor
39 For personal use only CARLINGFORD, LALOR
Slide 41: Carlingford, Lalor
40 For personal use only CARLINGFORD, LALOR
Slide 42: St Albans Acquisition
ST ALBANS ACQUISITION For personal use only ► Acquired 4Q FY2012 ► 6.8ha site, 16km west of CBD ► $12m on 2 year deferred terms ► Will yield 200 dwellings – apartments, townhouses and houses ► Planning – requires rezoning from industrial ► 400m from St Albans train station ► Infrastructure – State G
Slide 43: St Albans – Regional Context
ST ALBANS – REGIONAL CONTEXT For personal use only Subject Site 42
Slide 44: St Albans Acquisition – Proximate Infrastructure
ST ALBANS ACQUISITION – PROXIMATE INFRASTRUCTURE For personal use only 43
Slide 45: St Albans Masterplan
ST ALBANS MASTERPLAN For personal use only 44
Slide 46: Market Commentary
MARKET COMMENTARY For personal use only ► Sentiment down, buyers cautious ► Sales rates down ► Drivers – population growth, interest rates, supply and employment ► Higher incentives being offered & some discounting across market generally. ► First Home Owner’s Bonus (State) – ceases 30 June 2012. $7
Slide 47: Median Price Movements
MEDIAN PRICE MOVEMENTS For personal use only Mar Qtr Dec Qtr % change Mar Qtr % change 2012 2011 Mar 2012- 2011 Mar 2012- Dec 2011 Mar 2011 Metro $535,000 $530,000 0.9% $530,000 0.9% houses Metro $445,000 $450,000 -1.1% $455,000 -4.2% units Regional $314,000 $310,000 1.3% $318,558 -0.8% houses Sourc
Slide 48: Median Price Movements
MEDIAN PRICE MOVEMENTS For personal use only 47
Slide 49: Victorian Projects: Positioned in Growth Locations
VICTORIAN PROJECTS: POSITIONED IN GROWTH LOCATIONS For personal use only Williams Landing Carlingford Banbury Village St Albans Camberwell Source: ABS, ANZ 48
Slide 50: Victorian Projects Recording Solid Performance
VICTORIAN PROJECTS RECORDING SOLID PERFORMANCE For personal use only ► Well located projects with strong track records ► All have unique selling attributes ► Solid presales – Williams Landing 60%, Realm 65%, Banbury Village 70% ► Leveraging off Government infrastructure projects ► Wide product offer
Slide 51: WA Operational Overview
WA OPERATIONAL For personal use only OVERVIEW
Slide 52: Strong Property Portfolio and Mature Land Bank
STRONG PROPERTY PORTFOLIO AND MATURE LAND BANK For personal use only 51
Slide 53: New Project Launches to Deliver Earnings in FY13
NEW PROJECT LAUNCHES TO DELIVER EARNINGS IN FY13 For personal use only Project Timing of Approx. Approx. Launch Approx. Project First Total Lots Life of Date Revenue Settlements in Project Project $m (net) Realm, Camberwell Launched 2HFY13 78 2 years 75 (VIC) Batavia Coast Marina Launched 2HFY13 54
Slide 54: WA Highlights
WA HIGHLIGHTS For personal use only ► New stages under development at 4 major residential projects: Emerald Park, The Rivergums, The Islands & Harrisdale Green, that will contribute to FY12 and FY13 earnings ► New project underway at Batavia Coast Marina Apartments (joint venture) – over 50% presold
Slide 55: Batavia Coast Marina Development, Geraldton
BATAVIA COAST MARINA DEVELOPMENT, GERALDTON For personal use only 54
Slide 56: Batavia Coast Marina Development, Geraldton
BATAVIA COAST MARINA DEVELOPMENT, GERALDTON For personal use only 55
Slide 57: Batavia Coast Marina Development, Geraldton
BATAVIA COAST MARINA DEVELOPMENT, GERALDTON For personal use only ►50 residential apartments ($750k – $1.685k) ►4 commercial units ($400k – $985k) ►50% pre-sold ►Basement complete, builder on levels 1/2 ►Settlements 2HFY13 ►Local purchasers (owner occupier/investor) ►Mantra leaseback on 25 apartment
Slide 58: Piara Central
57 For personal use only PIARA CENTRAL
Slide 59: Piara Central
58 For personal use only PIARA CENTRAL
Slide 60: Piara Central
PIARA CENTRAL For personal use only ► 151 lots on 15ha ► 20km south east of Perth ► Average lot size 480m2 ► Prices from $215k – $270k, average $260k ► Target market: 1st – 3rd homebuyer ► Central public open space ► Strong enquiries and pre-sales (May release) ► Settlements H1FY13 59
Slide 61: South Hedland
60 For personal use only SOUTH HEDLAND
Slide 62: South Hedland
61 For personal use only SOUTH HEDLAND
Slide 63: South Hedland
62 For personal use only SOUTH HEDLAND
Slide 64: South Hedland
SOUTH HEDLAND For personal use only ► Gateway location to South Hedland ► 130 lots (plus 6 group sites) on 10ha ► Average lot size 500m2 ► Prices from $220k – $270k ► Target market: mining companies, builders, local residents & businesses ► Acute housing shortage, strong early enquiries ► Constructi
Slide 65: CWP Project Pipeline
CWP PROJECT PIPELINE For personal use only 64
Slide 66: Thank You
For personal use only THANK YOU Disclaimer of liability While every effort is made to provide complete and accurate information, Cedar Woods Properties Limited does not warrant or represent that the information in this presentation is free from errors or omissions or is suitable for your intended us
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