The water treatment facility has been constructed and is operational and capable of facilitating water treatment throughout the components of the overall project and when all components are fully developed will be a highly profitable component.
C60K Biomax Aerobic Treatment Unit installed with a capacity for 60,000 litres of waste water per day (equivalent of 259 homes). The system is modular and able to be expanded as required at relatively small costs.
The unit is located in a designated waste water disposal area towards the western boundary of the property.
The treated wastewater is approved by Department of Health to be discharged through subsurface reticulation throughout the current lifestyle village.
We have been advised that the current users of this system contribute to annual revenue currently in the order of $17,000 and that this is capable of being increased by $500 per user annually as each new home ‘owners’ connect in to this BATU system. It is noted that at this point in time there are only 34 village units connected to the BATU system paying the annual fee although the village has a potential development capacity of 196 units. Furthermore, 150 Strata lots capable of being developed on the Strata Subdivision site.
A further revenue stream in the future will be on the development of the Aged Care Facility (120 bed design) which will also require connection to the BATU system.
The fee structure for the strata lot development and the aged care facility services has not yet been set.
We have been advised by the developer that there are annual operating costs in the order of $7,500 which comprises maintenance costs, Department of Health monthly compliance fees and de-sludging as required from time to time (estimated every 10 years).
The Water Treatment Facility is well located within the proposed 5 lot subdivision and placed in a valley causing no visual impediment to any of the component parts of the proposed subdivision.
The existing C60K Biomax Aerobic treatment unit is installed and is fully operational.
This unit is capable of expansion should it be required in the future.
The subject property is located 60 kilometres north east of Perth or approximately 40 kilometres from Midland with Northam being located approximately 30 kilometres east.
More specifically the property is located on the northern side of the Great Eastern Highway approximately 9 kilometres east of the Lakes turn off.
The subject property is surrounded on three sides by the El Caballo Golf Course which separates the subject property from the El Caballo Resort.
Access to the property is afforded primarily off Jocoso Rise although a secondary egress exists for fire safety onto Great Eastern Highway at the western end of the golf course.