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Internal Plans

Budgetary Guidelines

Price Matrix

The Developer

Expression of Interest

Flinders View Estate Port Augusta, South Australia

Forest View estate is located 7km to the south of the centre of Port Augusta. In its analysis of the future housing requirements of the town, the Thirdi acquisitions team identified a distinct lack of quality rural lifestyle property.

The estate consists of 26 lifestlye residential lots, ranging in size from 3 acres (10 times bigger than the average town lot) to just over 5 acres.

Investment options within the development include the following House packages:

• Aswell MK2 - Large 3 Bedroom House: Starting from $145,517
• The Bennie - medium 4 Bedroom House: Starting from $156,941
• The Stocker - Large 4 Bedroom House: Starting from $150,959
• The Trelawney - Large 4 Bedroom House: Starting from $182,429

Port Augusta is situated perfectly to take advantage of South Australia's impending mining boom. As the closest city to both BHP's Olympic Dam and Oz Minerals Prominent Hill mines, it is already experiencing major interest as an 'investment destination' as these two projects gain momentum.

There is no doubt that in recent years Port Augusta has experienced considerable growth and change. Developments in both Port Augusta and the region would make Port Augusta and its service region the envy of any in Australia. City management and development facilitators have aired their confidence in Port Augusta for some time, which has also filtered throughout the business community.

Ideally located for access by sea, rail, road and air transportation Port Augusta has been the major service centre for Northern South Australia since the 1850's. Port Augusta still maintains a strong connection with major industries such as rail and power generation, which have historically played a vital role underpinning its economy.

Whilst there has been considerable activity in Port Augusta, Northern SA also has a number of expanding industries having a major economic impact on the region in particular mining and tourism. The resources sector across Northern SA is an expanding billion-dollar industry. The proposed Olympic Dam expansion alone will be a $10 billion investment and Oz Minerals Prominent Hill mine has been in operation for several years and has also announced an expansion plan of production and extending life of mine to at least 2030. Port Augusta is ideally located to service this industry.

Other mining exploration is also creating significant opportunities in Port Augusta with 24 prospects and 26 deposits (16 operating mines) in the northern region.

Mining and defence services are provided to Roxby Downs and Woomera from Port Augusta creating a demand for office and work space, clerical/administrative staff and professional staff.

The Adelaide to Darwin rail link has stimulated the manufacture of locomotive and rolling stock (EDI Rail) and helped to revitalise the transport sector, while significantly boosting tourism services. In the 2005 Intermodal study there was 123 train movements per week through Spencer Junction in Port Augusta.

The development of an aquaculture industry is one example of a diversified economy along with inland date and Quandong farms. Services to mining, aerospace, the defence forces, the automotive industry that supplies on contract to Roxby Downs and Woomera, rail and heavy machinery servicing, manufacturing, the building trades, export packaging and air services are all growth sectors of employment.

So what could this expansion mean?

• Some experts suggest up to 20 billion dollars will be spent on both the BHP and Oz Mineral mine expansions injecting millions into the local enconomy to service this growth
• Over 18,000 jobs to be created in the regionMassive investment in Road / Rail & Port infrastructure upgrades
• Olympic Dams expansion will make the biggest open cut mine in the world
• A similar project in Chile saw the population of a nearby town grow from 60,000 to 300,000 in 20 years.

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