For Lease

On the magnificent “Nature Coast” in southern NSW, Narooma is lifestyle country offeringpristine beaches, clean sea, lakes, inlets, mountain air and a natural hinterland in whatReaders Digest claims to be the most temperate climate in Australia.

Just 312 kilometres from Sydney and 175 kilometres from Canberra on the Princes Highwaybetween Sydney andMelbourne, Narooma is a regular holiday destination and popular sea,tree or lifestyle change for those three capital cities.

One major attraction is Narooma Golf Course. This famous cliff top course currently rates inthe top 40 Resort Golf Courses in Australia. The second along with the signature third orHogan’s Hole, a spectacular Par 3, are rated in the top 20 best Golf Holes in the country.

Eco Tourism is of significance in Narooma. Montague Island lying 5 nautical miles offNarooma amazes with penguins, fur seals, and humpback whales, world class diving, plus alighthouse and historic buildings. The hinterland around Mt Dromedary offers its own relaxedcountry flavour whilst uncrowded surf breaks abound along the coast.

There’s beach, estuary and ocean fishing within the newly established marine park, ensuringgreat catches of all fish species including kingfish, marlin, and yellow fin tuna, as well as themany reef species. Local estuaries produce Bream, Flathead, and seasonal varieties, andhinterland freshwater rivers are home to Australian Bass.

Narooma is a friendly community and its relaxed atmosphere is second to none. The SydneyMorning Herald recently claimed Narooma has the third lowest crime rate in NSW. Realestate is relatively cheap with good affordable housing from apartments to acreage, oftenwith spectacular views. It is a place where you can choose your lifestyle from easy-going toextreme adventure in the surrounding State Forests, National Parks, Beaches and Rivers. In anutshell, it’s the best place on the planet!

The best place on

The Planet

Retail on the

Nature Coast

Narooma on the south coast is one of the most popular holiday destinations in NSW, butNarooma is much more than a tourist town; it’s a vibrant community with a solid and everexpanding market, breathtaking coastal and rural scenery, and a relaxed family lifestyle.

The population of Narooma and its surrounds has grown to become more sophisticated,demanding a broader range of goods and facilities. Market research has shown the needfor expanding the current retail capacity to offer greater comfort, convenience and easyon-grade parking to its residents. Narooma is primed and ready for a quality retaildevelopment, and the new Narooma Plaza will offer the south coast an excitingcosmopolitan shopping experience.

“It will be a terrific Shopping Centre! Not only of great eco friendly and technical design buta place the community will love”.

Convenient and

Centrally Located

The brand new

Narooma Plaza

The new retail offer planned for Narooma will be a transformation of the existingneighbourhood shopping centre into a “district retail hub”, providing customers withconvenient and modern shopping facilities.

The newly constructed centre will feature a new full line Woolworths Supermarket of 3,220m2

plus a DDS of 1,800 m2 and a Mini Major of 725m2, with over 30 retail specialties storescomprising a total retail offer of over 9,000m2. We are able to offer flexible space options withthe advantage of needs based goods, services, specialties and eateries all in one convenientandcentral locationwith 370 on-gradeparking spaces off the Princes Highway. There are alsoapprovals in place for future expansion into stage 3 encompassing an additional 10 storestotalling 940m2 which will further bolster our position in Narooma’s retail hierarchy.

This centre will not only service local residents but also spread its influence into surroundingmarkets. Narooma Plaza is set to become the premier shopping destination for the southernhalf of the Eurobodalla Shire and northern districts of Bega Shire. We have identified marketstotalling over 16,500 people in primary, secondary and tourist markets with secondarymarketsnorth to Tuross and beyond into the Moruya environs and south to Bermagui and Cobargo.

Location &Catchment

Narooma Plaza Centre ManagementFor leasing information please contactMark Anderson

183 Princes Highway, Narooma NSW 2546Ph - +61 2 4476 4180Fax - +61 2 4476 4196Email - enquiries@naroomaplaza.com.auWeb - www.naroomaplaza.com.au

NaroomaPlaza

Trends

We are seeing not only large population growth but also a shift in demographics as a result ofemployment opportunities generated by retiree’s. This trend is set to continue as more baby boomersopt for the quiet lifestyle in this safe and cost effective coastal area.

Add to this the expected surge in local growth as a result of our large scale retail development, StateGovernment approved large residential subdivision, planned retirement village and existingdwellings already under construction, and Narooma is destined to prosper offering new jobs forfamilies seeking to live on the Coast.

Statistics

Narooma’s static trade area is home to close to 13,000 people.

� On top of this static market there is the famed far south coast touristmarket. Tourism NSW suggests 10.7 million domestic tourist visitornights and day visitors to the Bega, Shoalhaven and EurobodallaShires in 2008. Narooma hosts 11% of that area’s holidayaccommodation further suggesting a tourist influx to the trade areaof 1.17 million overnight and day visitors in 2008 equating to anaverage daily population of 3,225 people.

� These visitors spend an average of $100 per day.

� Narooma is in need of modern retail development with a currentlyestimated 16,000m2 of aged retail spaces in various, largelydisjointed and dispersed locations, recognised as being in undersupply.

� The Eurobodalla Shire has a population growth rate of 1.5% and isranked in the top 11% of the fastest growing shires in NSW.

� Narooma Plaza has a current estimated weekly traffic count of 15,900people.

� The Eurobodalla Shire has seen a 25% increase in building approvalsover the last year.

� In the year ending December 2008, the local tourism expenditure inthe Eurobodalla grew by 15%.

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Trends & Statistics

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Narooma Market

Narooma Region Competitive Framework

Centre Location Trade Area Anchor Tenants

The Flat Narooma Primary IGADalmeny IGA Dalmeny Primary IGABermagui IGA Bermagui Secondary IGA

Narooma Market

Population & Dwellings PTA STA South STA North

Total Population 7,908 2,507 2,473Total Dwellings 4,566 1,545 1,904Occupied Private Dwellings 3,326 1,033 1,1038Occupied Private Dwellings 72.8% 66.9% 59.8%Average Household Size 2.4 2.4 2.2

Age Distribution

0-14 15.6% 18.2% 13.1%15-29 11.5% 11.6% 8.1%30-44 14.9% 15.1% 12.6%45-59 24.9% 23.4% 25.3%60-74 21.0% 21.3% 29.5%75+ 12.1% 10.4% 11.4%

Total 100.00% 100.00% 100.00%

Median Age 50 48 55

Place of Birth

Australia & Oceania 82.1% 80.5% 81.8%Europe 9.5% 9.2% 11.4%North Africa & Middle East 0.2% 0.3% 0.0%Asia 0.6% 1.3% 0.4%Americas 0.4% 0.3% 0.3%Sub-Saharan Africa 0.2% 0.4% 0.1%Other 7.0% 8.1% 5.9%

Total 100.00% 100.00% 100.00%

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Narooma Market

Forecast Expenditure

Total Expenditure Forecast by Broad Commodity Type ($m2006) 2010

Trade Area PTA STA South STA North

Food, Groceries & Liquor 37.7 13.3 12.1take-awayFood Catered 12.3 4.2 3.9Apparel 7.9 2.7 2.5Bulky Goods 15.6 5.5 5.1Other Personal & Household Goods 10.9 3.8 3.5Personal Services 3.1 1.1 1.0

Total 87.5 30.6 28.0

Expenditure by Retail Store Type ($m2006) 2010

Trade Area PTA STA South STA North

Supermarkets & Grocery Stores 28.3 10.0 9.0Specialty Food Stores 11.0 3.9 3.5Fast-Food Stores & Restaurants 13.1 4.5 4.2Department Stores 7.2 2.5 2.3Clothing Stores 5.3 1.8 1.7Bulky Goods Stores 14.5 5.1 4.7Other Personal & Household 9.6 3.4 3.1Goods RetailingSelected Personal Services 3.1 1.1 1.0

Total Retailing 92.0 32.1 29.5

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Narooma Market

Trade Area Map

This Brochure does not constitute an offer to lease and merely contains information of relevance to prospective lessees of the Narooma Plaza Shopping Centre.Both existing, and proposed, tenancies within the Centre are subject to variation and change without notice.

All information, statistics, forecasts and projections contained herein are confidential and have been prepared solely for the use of intending lessees of theNarooma Plaza Shopping Centre. No party other than the intended recipient should place reliance upon all such information, statistics, forecasts and projections.Further, all recipients of this Leasing Brochure should make their own enquiries and satisfy themselves (by thorough due diligence and investigations)as to all mattersstated, raised, represented or intimated in this Leasing Brochure. The owners of the Narooma Plaza Shopping Centre disclaim liability to any third party.

The owners of Narooma Plaza Shopping Centre consider all information, statistics, forecasts and projections to be fair and reasonable at the date of this LeasingBrochure only and future events may render any one of more aspects of the information, statistics, forecasts and projections inaccurate. The information, statistics,forecasts and projections were sourced from, inter alia, Eurobodalla Shire Council, publicly available information (including but not limited to articles published inlocal and metropolitan newspapers) and reports commissioned by the owners of the Narooma Plaza Shopping Centre. The owners of Narooma Plaza ShoppingCentre cannot, and do not, make any representation or warranty that the information, statistics, forecasts and projections take into account every futurecircumstance - as they cannot and do not.

Except to the extent that liability under any law cannot be excluded, the owners of Narooma Plaza Shopping Centre disclaim liability for all loss or damage arisingas a result of any opinion, advice, recommendation, representation or information expressly or impliedly made in or in relation to this Leasing Brochure andnotwithstanding any error or omission - including negligence.