Page 4 - 9 8-12 Smith Street, Wollongong

21st September 2015

Mr. & Mrs. Ziems 2500
C/O: 9/8-12 Smith Street,

Wollongong NSW

Dear Fred & Val,

RE: MARKET APPRAISAL OF THE APARTMENT AT
9/8-12 SMITH STREET, WOLLONGONG

Just a short note to thank you for the opportunity of providing you with a current market appraisal
which is based on several factors:

1. Recent sales in Wollongong and surrounding suburbs
2. Size, features and condition of the apartment
3. Other properties currently for sale in Wollongong and surrounding suburbs

The price analysis, was researched from reliable information currently available from the local listing
services, (RP Data services). It indicates what real estate activity has occurred in your area with other
properties. While none of the properties are exactly like yours, they do provide a good reference
source for a comparative market analysis.

In our opinion properly marketed and promoted the apartment should realise offers in the vicinity of
$700,000 to $720,000 based on recent sales and performance of other properties in your area.

Once again thank you and I look forward to speaking with you again in the near future. If we can be of
any assistance to you, please contact me at Peter Taranto Real Estate on 4228 1622 or my mobile on
0411 754 884.

Once again thank you and assuring you of our best and personal attention at all times.

Yours faithfully

Paul Piacentin
DIRECTOR/SALES EXECUTIVE LREA & Licensed Auctioneer

Note: This is not to be construed as a valuation, it is our opinion only of the likely selling price at this time with current market conditions.