Terranovis has completed or substantially completed the projects below. They have produced or are estimated to produce the profits in the table. Note past returns are not necessarily indicative of future returns and economic and site specific risks have the potential to dramatically influence future returns. Land development is a risky investment and potential investors should seek advice from a qualified financial planner before investing.
A Sample Of Completed Projects And Projects Nearing Completion
| PROJECTS |
DESCRIPTION |
START |
TERM IN YEARS |
CAPITAL |
PROFIT BEFORE TAX |
RETURN ON CAPITAL BEFORE TAX |
SIMPLE PER ANNUM RETURN OVER LIFE |
| |
| BALDIVIS, WA |
47ha land in Baldivis Rd Baldivis WA- purchased, planned, sold and wound up |
Mar-06 |
3 |
$2,543,146
|
$9,198,615 |
362% |
121% |
COCKBURN, WA |
471 Lot Subdivison, planned, developed and sold |
Mar-05 |
6 |
$24,300,000 |
$60,893,804 |
251% |
42% |
| HENTY PARK ESTATE, PAKENHAM, VIC |
307 Lot Subdivison, purchased, planned, developed and sold |
Jan-07 |
4 |
$2,750,000 |
$10,274,877 |
374% |
93% |
LYON COURT,
AUBIN GROVE, WA |
72 Lot subdivison, purchased, planned, developed and sold |
Jan-05 |
7 |
$1,520,000 |
$4,959,694 |
326% |
47% |
| BIRCHLEY ESTATE, BEELIAR, WA |
11 Lot subdivison, planned developed and sold |
Jan-07 |
2 |
$1,262,500 |
$590,461 |
47% |
23% |
| LOT 5 SMIRK ROAD, BALDIVIS, WA |
55 lots all completed, sale of all lots nearing completeion |
Dec-07 |
4 |
$6,108,392 |
$768,678 |
12.6% |
3.15% |
| SMIRK RD, BALDIVIS, WA |
59 Lots, completed |
Oct-08 |
3.5 |
$3,857,000 |
$1,747,000 |
49% |
14% |
|
Project Acquisitions
PROJECT
|
DESCRIPTION
|
PURCHASED
|
PURCHASE PRICE |
LATEST VALUATION, SALE, ESTIMATE |
VALUATION, SALE, ESTIMATE DATE |
PROFIT/INCREASE IN VALUE
|
YEARS HELD UNTIL VALUATION/SALE |
| |
11.4 HA SITE,
ROWLEY RD, DARLING DOWNS |
Proposed 178 Lot Subdivison, Purchased, Currently being planned |
2005 |
$1,680,000 |
$5,725,000 |
Aug-11 |
$4,045,000 |
6 |
4 HA SITE,
SOUTHERN RIVER, WA |
Proposed 48 Lot Subdivison, Purchased, Rezoned, Currently Being Planned |
2005 |
$ 1,030,000 |
$3,200,000 |
Sept-11 |
$2,170,000 |
6 |
| 23 HA SITE, GLADSTONE, QLD |
Proposed 253 Lot Subdivison, purchased, currently being developed and sold in stages |
Mar-11 |
$ 4,300,000 |
$5,445,000 |
Oct-11 |
$1,145,000 |
0.5 |
|
* Approximate projected return |
