FAQ

• Increasing numbers of international students support the need for student accommodation.
• Substantial taxation advantages.
• UniLodge is a leading manager with a proven track record.
• Risk spread – income and expenses are pooled for your protection.
• Capital growth is supported by the strong demand for specialised student accommodation and low vacancy rates.

• By investing in UniLodge @ Metro Adelaide, you will be participating in one of Australia’s fastest growing industries - education.
• Low vacancy rates.
• This property investment has been specifically designed to meet the needs of students, giving it a distinct competitive advantage over other forms of real estate including standard residential apartments.
• Rental income is deposited every month into a nominated account net of outgoings.
• The property is managed 24/7 by the Unilodge team.

• High demand for specialised student accommodation within the City of Adelaide.
• Prime location for specialised student accommodation.
• Unprecedented growth in the South Australian education industry.
• Close proximity to major tertiary institutions and vocational training centres including the University of South Australia and the University of Adelaide.
• Close proximity to transport, libraries, research and other learning resources.

• There is a significant demand for student accommodation in Adelaide and both the State and Local Governments continue to support an increase in the number of external, full fee-paying students particularly from overseas. So the demand for specialised, professionally managed student accommodation grows accordingly.

UniLodge is the manager.

UniLodge is a leading and trusted provider of student accommodation in Australia and New Zealand. Unilodge provides a home away from home for more than 5,000 students in properties in Sydney, Melbourne, Canberra, Brisbane and Auckland.

Universities and Colleges in Australia, New Zealand and internationally recommend UniLodge to their students as they know that UniLodge will provide accommodation that is tailored to students' academic and social needs.

Students choose and recommend UniLodge because their accommodation is:

• Safe and secure;
• Tailored to students’ needs and is conducive to study;
• Conveniently located with easy access to campuses, public transport, shops and cafes; and
• More than just a place to live. Students feel a sense of belonging to UniLodge’s supportive and friendly community.

The first year’s rent for an apartment is anticipated to be from $295 per week for a one bedroom apartment and $390 per week for a two bedroom apartment.

Gross rental income for UniLodge @ Metro Adelaide will be pooled and income for each apartment will be calculated based on its unit entitlement and paid monthly.

Gross income for the apartments is expected to be around $15,340 per annum.

As an owner at UniLodge @ Metro Adelaide you will have to pay for the following:

1. Management Fee - $1371
2. Body Corporate Management - $1691
3. Council Rates - $ 805
4. Utility Charges - $ 600
5. Land Tax If applicable - NIL
6. Refurbishment Fund - $ 156

Notes

1. Management Fee equates to 8.8% of Gross Income (allocated according Unit Entitlement)
2. Body corporate expenses are budgeted at $600,000 pa (allocated according Unit Entitlement)
3. Council Rates are estimated at $805 dollars per 1 bedroom apartment and $935 per 2 bedroom apartment.
4. Utility Charges comprise:
   • Water Rates - $39.35 per quarter
   • Sewer Rates - $85.40 per quarter
   • River Murray Levy - $8.20 per quarter
   • Emergency Services Levy - $61 per annum
5. Application depends on individual circumstances
6. Refurbishment Fund 1% of Gross Income will be set aside in Year 1.
7. Whilst care has been taken to calculate the above property costs as accurately as possible, please note they are estimates only and subject to variation outside of the vendor's control.

Students who live at UniLodge @ Metro Adelaide will usually lease their apartment for a full 12 months.

UniLodge will review the rental market each year and recommend the rental levels.

All tenants pay a bond equal to 4 weeks' rent.

Tenants must pay the following:

• Two weeks rent in advance.
• Electricity Connection fee.
• Telephone connection fee.
• Internet connection fee.
• Application fee.
• Energy consumption costs.
• Internet usage.
• Telephone usage.

Owners contribute a percentage of the gross annual rent revenue to a fund, which is set up to replace furniture, fixtures and equipment when it requires replacement in accordance with the Letting Agreement.

You can inspect your apartment at any time by giving UniLodge 14 days notice.

As owner of an apartment you will receive a monthly statement and an annual property report.