IQ Apartments

CIVIUM STRATA PEOPLE

Proposed Budget & Contribution Schedule For: IQ APARTMENTS - BLOCKS 2, 3 & 4 SECTION 18 BRADDON (One Crown Lease) Prepared by Civium Strata People (ABN 56 773 678 429)

Locked Bag 3008 Woden ACT 2606 Ph 1300 725256 - Fax 02 6232 5600

GENERAL SCHEDULE

Amount

CATEGORY

Year 1

Year 2

EXPENSES

CLEANING

$ 100,000 $ 60,000 $ 64,940 $ 5,000 $ 2,000 $ 1,000 $ 75,000 $ 1,500 $ - $ - $ - $ - $ 15,000 $ 500 $ - $ - $ 57,354 $ 18,960 $ 3,422 $ 4,050 $ 1,000 $ 57,140 $ - $ -

$ 105,000 $ 63,000 $ 68,187 $ 5,250 $ 2,100 $ 1,500 $ 78,750 $ 1,575 $ 2,000 $ 3,780 $ 1,500 $ 4,200 $ 15,750 $ 36,000 $ 1,500 $ 1,500 $ 60,222 $ -

BUILDING MANAGEMENT - including facility management

ELECTRICITY

FIRE PROTECTION (Monitoring & Servicing) FIRE PROTECTION (Fire Indicator Panel)

FIRE PROTECTION (Sprinkler Valve and Hydrant Booster)

* Refer Assumptions

GAS - Combined Hot water plant

INSURANCE - BUILDING, PL & STAMP DUTY

MAINTENANCE BUILDING/PLUMBING

MAINTENANCE - CARPARK ROLLER DOOR

MAINTENANCE ELECTRICAL

MAINTENANCE ELECTRICAL PLANT

MECHANICAL PLANT

MAINTENANCE - GARDENS & GROUNDS

MAINTENANCE LIFT

MAINTENANCE PLUMBING

MAINTENANCE PUMPS/HYDRAULIC PLANT ETC

MANAGEMENT FEES

BUNDLED DISBURSEMENTS SINKING FUND FORECAST

$ 19,908

$ -

SECURITY

$ 2,000 $ 4,253

TELEPHONE (Fire line and Lifts)

TRADE WASTE

$ -

WATER

$ 59,997

CONTINGENCY (5%)

$ 23,343

$ 24,510

GST On Expenses (10%)

$ 49,021

$ 56,248

Totals

$539,231

$618,730