Mountain Grey Rise
A unique property investment opportunity in the fast developing Latrobe Valley region in Victoria.
This area generates 85% of the power for the State of Victoria and produces a vast majority of A4 paper to Australia and New Zealand.
NEW HOME & LAND PACKAGES STARTING FROM $250,000!
Call for a complete brochure on 08 9256-1815
For a location map download a pdf here Mountain Grey Rise Location Map
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WHY INVEST IN LATROBE VALLEY, GIPPSLAND VICTORIA?
GOOD REASONS WHY!
(Extracts From Recent Printed Media)
- Melbourne’s population is expected to grow between 6.1 and 7.9 million by 2056 according to new projections by the Australian Bureau of Statistics! (The Age, 5/09/08)
- 1,500 people are moving into Melbourne every week! (The Age, 25/08/08)
- The State Government has announced a new VLocity carriage for the train line running from Melbourne to the Latrobe Valley to offset overcrowding due to increased patronage! (Latrobe Valley Express, 11/08/08)
- House and land prices expected to rise 16% by 2011 due to population increase in Victoria, although expected to be around 25% in regional areas where jobs growth and land shortage is happening (BIS Shrapnel Report, June 2008)
- Homes in Morwell, Latrobe Valley had a rise of 146% in value over a 10 year period from 1996-2006 (Herald Sun 30/03/08)
- Land prices increased an average of 25% in value in 2007.
- Gippsland was noted as having the 8th strongest employment growth in Australia along with the 10th strongest housing growth in Australia (Residential Developers Magazine, January 2008).
- Gippsland had an annual rise of 9.2% in employment (Australian Bureau of Statistics, August 2007)
EXCELLENT REASONS WHY!
- Fully finished house, inside and out, on its own block of land with its own green title from only $250,000
- Rental return anticipated at approximately 5% to 6%
- 0.75% rental vacancy factor [which in practical terms means almost no rental properties available]
FOR THE DETAIL MINDED – EVEN MORE REASONS!
The Area - Latrobe Valley, Gippsland Victoria
With a population of 72,075, the Latrobe Valley is the third most populated regional municipality of Victoria. It encompasses an area of some 1422 square kilometres. The vibrant and highly productive Latrobe Valley is located at the gateway to Gippsland in South-East Victoria, approximately 135 kilometres east of Melbourne or around 70 minutes drive.
Latrobe City is one of Australia’s major provincial centres and is home to regional headquarters for significant government and private organisations. The region is a resource rich area with abundant forest and brown coal resources, water resources, and rich agricultural land. Its dairy and beef cattle industries contribute significantly to Victoria's agricultural standing along with many other industries including the Australian Paper Pulp and Paper Manufacturing Mill, Monash University, Central Gippsland Institute TAFE, the Australian Securities Commission's National Information Processing Centre and Victoria's four major power generators. Electricity generated from brown coal mined in the area represents 85% of all electricity generated in the State of Victoria.
Latrobe Valley Investments
Gippsland Water Factory. (The first of its kind in Australia).
An innovative wastewater treatment and recycling system, funded by Gippsland Water and the Victorian Government. The Water factory is on target to be operational early 2009.
Latrobe Valley's $750 Million Clean Coal Power Station Project
The $750 million clean coal power station is funded by the Victorian and Federal Government and is expected to generate enough electricity to power 500,000 homes. It is due to be operational by 2012 and will create 300 jobs during construction and 36 ongoing jobs.
Rural Skills in Gippsland
Gippsland farming industry will benefit from a $500,000 Brumby Government investment to boost skills in the region. The project will help farm workers, owners and operators respond to the challenges of farming during the drought.
Tourism Centre in Gippsland
The Brumby Government is providing $360,000 to establish a peak body for tourism in Gippsland. The funding will be a major boost for attracting tourism in the region.
Facelift for Church Street Morwell
The Brumby Government has committed $230,000 to the refurbishment and redevelopment of Church Street Morwell as part of the revitalisation of the town centre under the Transit Cities Program.
Latrobe Valley Development Funding
Local residents in the Latrobe Valley region will benefit from a series of redevelopment projects to strengthen their community due to a $210,000 Brumby Government funding boost. The regional development program is helping key centres in regional Victoria plan for the future growth of their communities.
Paperlinx - Pulp Facility, Maryvale
Installation of an Elementally Chlorine Free (ECF) bleach plant and upgrading the associated pulping facilities. The capital cost is $192 million, and is soon to be completed. The vast majority of Australia and New Zealand’s A4 paper production emanates from this plant.
Hazelwood Power Station
The Victorian Government has approved a $400,000 extension of the Hazelwood electricity generator meaning the plant can continue to provide electricity for the next 25 years.
Hazelwood Power - Coal Drying Technology
International Power is investing in the implementation of pilot brown coal drying technology on Unit 1 at Hazelwood Power Station. The Project has the assistance of substantial funding made available by the Victorian and Federal Governments.
Australian Energy Company Ltd –The AEC Latrobe Urea project
This MULTI billion dollar, clean coal technology project will turn the Latrobe Valley's brown coal into urea fertiliser. The Latrobe Urea Project is set to create 1000 jobs during the construction of a urea plant and up to 180 permanent staff will be based at the plant which will be operational by 2012.
Monash Energy –Coal to Liquids Project
Prospects for Victoria's Latrobe Valley to host a $5 billion synthetic diesel and electricity project have soared after oil major Shell has thrown its money and technology behind the project. A $5 billion energy complex could be built within a decade. Its diesel and other liquids production of more than 60,000 barrels a day would be bigger than the fast-falling liquids production from the ExxonMobil/BHP Billiton Bass Strait oil and gas fields of 50,000 barrels a day.
Mountain Grey Rise Estate - MORWELL
One of Latrobe Valley’s four major urban centres is MORWELL and located in the heart of Morwell is Mountain Grey Rise Estate, a quality master-planned architectural residential development designed by CEEJ Developments. Mountain Grey Rise is a 3.3 hectare estate set amongst an established community. The estate comprises of 55 individual residential allotments, offering majestic views of the township including Morwell National Park, the Strezlecki Ranges and the Jerralongs. Mountain Grey Rise aims to set a new standard in residential living, with wide tree-lined streets and attractive gardens. Another feature of the estate is the re-vamping of a small park adjacent to Mountain Grey Rise called McMillan Park which currently has a basic playground. CEEJ Development’s plan is to improve the facilities with brand new playground equipment, bright coloured shade sails and also gate and fence the playground to provide a security safe net for children. With land development currently underway, Mountain Grey Rise Estate is anticipated to be completed in February 2009.
Utilising Gippsland’s most respected building company, B. & F. Neilson Builders who are also 2008’s South East Regional Builder of the year, Mountain Grey Rise offers house and land packages all with a “turn-key” finish. Included are window furnishings, fencing, driveway, landscaping, letterbox and a clothesline. Air conditioning is included in the 3 & 4 bedroom homes.
Mountain Grey Rise Estate Benefits
- Mountain Grey Rise offers you the choice of up to 55 allotments, each with its own independently designed home to suit the size & shape of each allotment.
- Each home is completely independent, with its own Title.
- There are no body corporate fees payable at Mountain Grey Rise.
- There are no hidden costs when you build with B. & F. Neilson builders (normal service costs apply such as council rates, water rates, utility connections, etc).
- Land settlements are available from February/March 2009 with the construction of the home completed within 26 weeks.
- You save on stamp duty when you purchase off the plan, as you only pay stamp duty on the land component, i.e.
- The standard depreciation allowable on new properties will also apply.
| Land $80,000 | the stamp duty payable is $1,670 |
| Established house at $268,500 | the stamp duty payable is $11,180 |
Saving you $9,510 when you purchase off the plan! |
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The Developer – CEEJ Developments
CEEJ Developments is a family owned business established in 1995, founded by Michael Biviano, who is well known and respected in the property sector with over two decades of knowledge and experience in the industry. Michael established CEEJ after a long and successful career in real estate having owned and operated a number of high profile real estate businesses. After a number of successful development projects in Mount Waverley, Brunswick and Canterbury, Michael extended his expertise to land subdivisions in regional Victoria and has established CEEJ as a respected property development company.
Recent successful land development projects include subdivisions in Wonthaggi, Trafalgar and Traralgon.
CEEJ’s philosophy is well depicted in Michael’s words,
“We have constantly identified opportunities in residential sectors of the market, in both city and rural locations, working closely with leading town planners, councils, architects, designers and consultants to create developments that have enhanced property values aligned with the needs of local communities”.
The Builder – B. & F. Neilson Builders
B. & F. Neilson Builders is a local company established over 18 years ago and is owned and operated by Alan Whitty & Mark McNair who have a combined 50 years experience in the building industry. From a small local builder, B. & F. Builders have grown to become the leading home builder in the Gippsland area. As the company grew, so did the team as B. & F. Builders now employ over 250 people directly and indirectly from the local community.
With an impeccable record with the Building Control Commission and proud relationship with the Master Builders Association, B. & F. Neilson Builders’ reputation for quality and service in the local community is well known. B. & F. Builders have recently taken out the Master Builders 2008 Regional Builder of the year for the South East Region as well as Best Custom Home under $200,000 and Best Custom Home $200,000-$300,000.
As a well known and respected local resident, Director Alan Whitty is steadfast in the belief that, “as a local person in a regional centre all we have is our reputation for which we must stand for, and B. & F. Neilson Builders will continue to grow through the close relationship we have established with our local community”.
