Page 4 - 10 20-22 Kembla Street, Wollongong

5th January 2016

Mr. & Mrs. Sega 2500
C/: 10/20-22 Kembla Street,

North Wollongong NSW

Dear John & Monica,

RE: MARKET APPRAISAL OF YOUR APARTMENT AT
10/20-22 KEMBLA 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 the 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 the apartment should realise offers in the vicinity of
$630,000 to $650,000 based on recent sales and performance of other properties in your area.

We wish to advise that the weekly rental would be in the vicinity of $530 - $550 per week. The
current property features, condition, location, closest comparable properties and market demand are
all considered at the time of appraisal to provide the most accurate reflection of potential rent.

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.