Annual Report 2019

ANNUAL REPORT 2019 109 MAJOR PROJECTS Project Name: West Side Place Development Address: 250 Spencer Street District: Central Business District, Melbourne Property Website: www.westsideplace.com.au Approximate Saleable Floor Area (sq. ft.): 2,217,000 Approximate Net Lettable Floor Area (sq. ft.): 69,300 Number of Hotel Rooms: 257 rooms (Ritz – Carlton hotel) 316 rooms (Dorsett hotel) Number of Residential Units: 2,895 Expected Completion: Towers 1 and 2: FY2021 Tower 3: FY2022 Tower 4: FY2023 Building Floors (including retail area and roof) Tower 1: 82 Floors Tower 2: 64 Floors Tower 3: 69 Floors Tower 4: 71 Floors Geographical Environment: • The property represents a two-stage development known as “West Side Place”, a major mixed-use development that will comprise four towers across the overall site; • The site has main frontages with Spencer Street and Lonsdale Street and Little Londsale Street and Merriman Lane; • The site is in immediate proximity to Southern Cross Train Station and Spencer Street Shopping Town; • The property is located within the Melbourne CBD Grid. Planning and Design: Featuring four high-rise towers with approximately 3,000 apartments as well as Ritz-Carlton hotel at the top levels of Tower 1, West Side Place, embodies a new height of luxury inner city living. Proudly positioned at the corner of Lonsdale and Spencer Streets, the highest tower at West Side Place will soar an impressive 82 storeys with the prestigious Ritz- Carlton hotel occupying the top levels, becoming Australia’s tallest hotel Project Highlight: • West Side Place is a mixed-use residential development located next to the Upper West Side development. It consists of saleable floor area for residential apartments of approximately 2.2 million sq. ft., a Ritz-Carlton hotel with 257 hotel rooms, a Dorsett Hotel with 316 rooms, retail components and other facility components • Towers 1 and 2 with approximately 1,400 apartments were launched in June 2016 • Tower 3 with 684 apartments was launched in May 2018 • Tower 4 with 835 apartments was launched in June 2017 Melbourne, Australia