Page 4 - 1 40 Virginia Street, North Wollongong

15th September 2015

Ms. Helen Stojcevska 2500
1/40 Virginia Street,
North Wollongong NSW

Dear Helen,

RE: MARKET APPRAISAL OF YOUR TERRACE AT
1/40 VIRGINIA STREET, NORTH WOLLONGONG

Just a short note to thank you for the opportunity of inspecting your property, 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 property
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 property should realise offers in the vicinity of
$550,000 to $570,000 based on recent sales and performance of other properties in your area.

I welcome the opportunity to happily promote the terrace through the method of sale called
Offers Above. This method only acts as a marketing price guide and we will enthusiastically introduce
your property to the market as Offers Above $520,000.

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 2.2% of the sale for the price of the
property, plus GST 0.2%, therefore the total selling fee is 2.4% of the final sale price.

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.