Ownership
100% Mirvac
Summary information
| Acquisition/Agreement Date | Dec-19 & Dec-21 |
|---|---|
| Valuation at 30-JUN-23 | $109.0m |
| Expected Development Value On Completion | $745m |
| Target Completion | FY25+ |
Valuation: Represents the IPUC book value, excludes any interest in the asset held in inventories. A portion of IPUC was transferred to inventories during the year.
Expected Development Value on Completion: Represents 100% expected end value, excluding the sale of any undeveloped land, subject to various factors outside of Mirvac’s control such as planning, market conditions, construction cost escalation, supply chain risks, weather and other uncertainties.
Note: Image is an artist impression only, final design may differ.
ASPECT KEMPS CREEK, NSW
Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.
Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.