Area Initiatives

CURTIS ISLAND NATURAL ASSETS

The combination of beaches, wilderness, “outback” and reef all in one place can’t be found anywhere else in Australia.

CURTIS ISLAND COASTLINE & BEACHES

• With over 27 kilometres of scenic eastern coastline to explore, there are ample opportunities for water-based activities, including exploring remote beaches, some of which extend for 12 km.

• The northern section of the island features an amazing 20-storey sand dune called Yellow Patch and the now automated Cape.

• Capricorn lighthouse which incorporates a number of heritage-listed buildings.

• Curtis Island is the home to the third largest turtle rookery in Queensland.

• Estuary fish species include barramundi, bream, salmon, whiting, cod and flathead.

• Excellent offshore fishing: offshore species include big grunter, black jew, cod, snapper, sweet lip, and coral trout.

WILDERNESS

Curtis Island National Park & Cultural Heritage:

• In line with their commitment to environmental issues, QRE P/L has surrendered approximately 7,200 hectares for dedication of the new Curtis Island National Park. The CINP lies both north and south of the Turtle Street development and includes most of the eastern coastline thus ensuring that the majority of the island’s eastern coastline is permanently protected from development.

MARINE PLAIN

• Monte Christo Cattle Station surrendered its pastoral lease over the marine plain and now has a 75 year lease over the newly created Curtis Island Conservation Park issued by the Environmental Protection Agency, which is believed to be the only one of its kind in Australia.

• Located to the north east of the island is a beautiful 4,700-hectare marine plain and wetlands area that attracts large flocks of migrating waterfowl and diverse tropical bird life.

MONTE CHRISTO CATTLE STATION

• The Monte Christo Cattle Station has been operated continuously since the 1860s.

• Musterers still swim the cattle across the Narrows at low tide on their way to the Gracemere cattleyards.

• Monte Christo is the last remaining commercial cattle operation off the Australian coastline.

GREAT BARRIER REEF

• Curtis Island is located near the southern end of the Great Barrier Reef, considered by many to be the best part of the reef, supporting over 350 species of coral and 1,500 species of fish.

• Access to the Great Barrier Reef is good, located within 30 minutes of the island, comparing very favourably to popular Northern Reef properties, where access is commonly 90 minutes.

Features

TURTLE STREET ACTIVITIES

Activities with an asterisk* are expected to be available to Stage 1 buyers

WATER-BASED

• Deep Sea Fishing*

• Estuary Fishing, Lake Curtis and surrounding area including Awonga Dam for barramundi.*

• Visits to Great Barrier Reef by air from Curtis Island - Lady Elliott - including fish feeding, glass bottom boat and reef.

walking

(snorkeling and diving optional)*

• Snorkeling & Scuba Diving on Great Barrier Reef trips by charter boat*

• Coastal Exploration - 27 kilometres - including lighthouse and Yellow Patch*

• Guided sea-kayak tours along Big Surf like coastline to turtle rookeries

• Catamaran Sailing along the eastern coastline

• View Flatback Turtles laying eggs (seasonal)*

HINTERLAND

• Wilderness & Station Tours - 4-wheel drive tours of Monte Christo cattle station & Curtis Island - includes general information about the flora and fauna on Curtis as well as station life.*

• Self-directed 4WD trips to the National Park, Conservation Park, Marine Plain & Monte Christo properties*

• Helicopter tours of Curtis Island*

• Bird Watching & Photo Tours on Marine Plain

• In certain seasons, the company will establish a temporary Marine Plain Camp to serve as a base for daily visitor activities, including naturalists' lectures, barbecues, and as the staging area for hikes and trail rides.

• Overnight experience at Marine Plain Camp in Abercrombie & Kent style “tents”

• Aboriginal Cultural Heritage: Bushwalking tours with Aboriginal Guides - includes Curtis Island History; also, a variety of demonstrations (dance, music) and lectures will be provided depending on the availability of Aboriginal talent and experts.

• Naturalist Lectures

EQUESTRIAN

• Participate in station musters including swimming cattle from island to mainland (seasonal)*.

• Horseback riding tours with naturalist at Monte Christo cattle station and marine plain.

• Horseback riding at the accommodation node - it will be possible for owners to stable personal horses on the island. They will be able to ride at the resort node as well as transporting their horse up to Monte Christo to help with mustering activities.

OTHER AMENITIES

• Full spa services

• Tennis courts and clubhouse

• Full gym & lap pool

Development Summary

Turtle Street, Curtis Island is one of the most exciting (and affordable) absolute waterfront investment opportunities on Queensland’s eastern seaboard.

Turtle Street is an exquisite and exclusive resort development located at Turtle Street Beach, Curtis Island. It enjoys an absolute beachfront location within the resort reserve in a coastal enclave surrounded by the Curtis Island.

National Park

The beachfront location and design features render this a development without peer - an unmatchable living and leisure environment - an ideal island retreat featuring;

· Uninterrupted views of the Pacific Ocean

· Island resort-style living

· Beautiful gardens and landscaping in a sub-tropical setting

BEACH VILLAS & APARTMENTS

· North-facing site with spectacular views of the Curtis Island coastline

· Site surrounded by the Curtis Island National Park

· Absolute waterfront with zero-setback (zero-setback projects are virtually a thing of the past).

· Range of Fully Self-Contained Suites, Apts & Villas

· Environmentally Sensitive and Architecturally Designed

· Positions Range from Absolute Beachfront to Superior

· Elevated Position with Ocean and Coastline Views

· Natural Cross Ventilation of Ocean Breezes

· Open Living Plans & Large outdoor Decks

· Fully Equipped Kitchen in Villas & 2 Bed Apartments & Villas;

· Galley kitchens in Queen and King suites

· Washer & Dryer

· A/C plus High Ceilings with Ceiling Fans

· Buggy Port & Storage Lock-up for Villas & 2 Bedroom Villas

RECREATIONAL FEATURES

Turtle Street Central Facilities

· Reception & Lobby

· Resort style pool with fully landscaped grounds

· Gift Shop/Resort Shop

· Deli/Market/Coffee Shop

· Restaurants/Bar

· Conference Facilities

· Activities Centre

Spa & Fitness Centre

· Gym & Lap Pool

· Spa

· Tennis Courts

Villas Precinct Facilities

an eagles nest location providing spectacular ocean and coastal views

· Restaurant/Bar

· Resort Style heated pool

Other facilities & amenities

· Horse Paddocks, Stables and horse trails

· Bush walking & bike trails

· Private Airstrip: The Turtle Street Resort will have its own private airstrip

· Private Boat & Barge Landing

· Private Access Roads

· Lake Curtis: covering approximately 12 hectares, the developer intends to stock the lake with barramundi and develop other recreational facilities.

· Monte Christo: The Marine Plain Camp and Monte Christo Cattle Station related facilities SECURITY

· Infra-red motion sensor security throughout the Villas

· CCTV digital security camera around the Resort

· Full-time on-site manager/caretaker Infra-red motion sensor security throughout the Villas

FINISHES

· Superior standard of finishes throughout (refer Schedule of Finishes)

SERVICES

· Full on-site professional Resort Management

· All services (water, power, sewerage) provided to villa

· Garbage collection service

Galley Kitchen
Resort Manager

Design + Construction

BUILDING COMMENCEMENT DATE

· Civil work for the project began December 2006

· Construction of Stage 1 is anticipated to complete in late 2010 – early 2011

BUILDING COMPLETION DATES

The following facilities are expected to be finished by the time Stage 1 villas and apartments settle

Late 2010

· Turtle Street Central Facilities

· Lake Curtis

· Horse Paddocks & Trails

· Bush Walking & Bike Trails

· Airstrip, Boat Landing, Access Roads

Late 2011

· Spa & Fitness Centre

· Villas Pool Area

· Stables

· Villas Precinct Restaurant & Bar

· Marine Plain Camp - day Facility

NOTE: Completion dates for facilities could occur sooner or later than dates shown depending on sales rates.

TITLE DESCRIPTION

· Leasehold Title (100 year sub-lease)

· Title to property on Curtis Island is held by way of longterm

· leasehold tenure (100 years). Provision is made for the issue of a Certificate of Title for each leasehold lot.

· Leasehold title can be transferred, mortgaged or leased in a similar manner as freehold title.

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Investment Assumptions

BBX - Turtle Street Curtis Island

Turtle Street Curtis Island QLD 4680 Australia

Unit Stage1 Building2 2.Q19

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