Tilley Street Residences Investment Information

Rental Appraisal

Depreciation Estimate

20 th May 2019

Thank you for the opportunity to provide a rental appraisal for Lots 68 and 69 Tilley Street, Redclie QLD 4020. Having compared the floor plans and specifications with recent rentals and from my on the ground experience, I estimate that current reasonable price expectations would be approx:

Lot 68 $550 - $580 per week unfurnished. Lot 69 $550 - $580 per week unfurnished.

At Propel, we pride ourselves on delivering the highest rent possible in the shortest time- frame, to quality tenants. This is achieved through our complimentary premium marketing package and our fast response time to all rental enquiries on marketed properties.

I would be delighted to find a tenant for you and provide you with Propel’s premium level ofservice in the management of your property.

If you have any further questions or wish to know more about Propel’s premium marketing package feel free to contact me.

Kind regards,

Phil Jones Principal and Licensee 0401 617 427 phil@propelrealty.com.au

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