Page 4 - Unit 19 at 11-15 Church Street, North Wollongong Appraisal

4th February 2016

Ms. Jenny McGrath 2500
19/11-15 Church Street,
North Wollongong NSW

Dear Jenny,

RE: MARKET APPRAISAL OF YOUR APARTMENT AT
19/11-15 CHURCH STREET, NORTH WOLLONGONG

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

1. Recent sales in North Wollongong and surrounding suburbs
2. Size, features and condition of your apartment
3. Other properties currently for sale in North 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 your apartment should realise offers in the vicinity
of $1,600,000 to $1,650,000 based on recent sales and performance of other properties in your area.

On the basis of appointing Peter Taranto Real Estate we would be pleased to act as agents exclusively
on the sale of your property. The fee proposed in this matter is 1.8%, GST inclusive of the final sale
price.

Please note that this appraisal is only valid for 30 days from date of presentation as it is our opinion of
the likely selling price at this time with current market conditions.

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.