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WATER TREATMENT FACILITY

(on approximately 3.5 hectares)

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.

Improvements

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.

Location

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.

+Disclaimer

This page has been prepared by Richard Noble & Company (exclusive selling agent) and is solely for the information of potential buyers to assist them in deciding whether they are significantly interested in the property offered for sale to proceed with further investigations of the property on their own. Information contained herein does not constitute all or any part of any offer or contract of sale and is intended as a guide only.
The agent has prepared the information contained in the report and potential buyers should take note that any costings or areas contained within the report are based on figures provided to the agent by other parties and have not been independently verified. Any projections contained in the report therefore represent best estimates only and may be based on assumptions that, while reasonable, may not be correct.
If a projection has been made in respect of potential net income, such projection is an estimate and represents only one possible result, depending on the assumptions made. Potential buyers, should therefore, satisfy themselves as to the market assumptions and make their own judgement as to the likely outcome.
Potential buyers should not rely on any material contained in this report as a statement or representation of fact, but should satisfy themselves as to the correctness by such independent investigations as they or their legal or financial advisor’s see fit.
Any statements contained in this property report which are forecasts or predictions as to the likely state of property or rental markets in Perth in the future, are based on information available to the agent through various research sources. Whilst all care has been taken to ensure that information is accurate and conclusions drawn are reasonable, no warranty is given as to those conclusions or as to any forecast or prediction, nor does the seller accept liability for them. The buyer must make its own assessment as to the likely future of property and rental markets in Western Australia and as to the impact that it is likely to have on this property.