Media Release - 21 May 2008

The combination of bayside living in a natural environment with comfort and convenience will underpin FKP Property Group’s new masterplanned community at Point Cook, to be known as Saltwater Coast.

Just 20 kilometres from Melbourne’s CBD, Saltwater Coast is adjacent to Sanctuary Lakesand surrounded by coastal wetlands offering spectacular city and bay views. FKP Property Group’s General Manager for Land, Mr Chris Eaton, said Saltwater Coast aimed to provide residents with the perfect balance of tranquillity and convenience.

“Saltwater Coast is all about access,” said Mr Eaton. “Access to the bay beaches, Point Cook Coastal Park and historic Point Cook Homestead, access to the Melbourne CBD and access to facilities and amenities that make life easier every day.”

Plans are being developed for the neighbourhood centre that will lie at the heart of Saltwater Coast, with potential features including a primary school and child care centre, retirement village, shopping centre, sporting facilities and a community centre.

It will also be the first Telstra Velocity™ community in the Point Cook area, meaning residents will automatically have access to a communications package offering multiple fixed telephone lines, high speed internet access via fast residential broadband, and an integrated network that can deliver digital free to air TV, FOXTEL from Telstra and a free community intranet. Residents will also receive a $1500 Telstra credit on services, conditions do apply.

In total, Saltwater Coast will comprise between 2,500 and 3,000 homes and will feature approximately 52 hectares of open space and parklands in addition to the surrounding wetlands and natural vegetation.

More information on Saltwater Coast can be obtained at or by calling 1300 357 000.

About FKP Property Group
With more than 30 years experience in the Australian property industry, FKP Property Group (FKP) is one of Australia’s leading diversified property and investment companies. FKP successfully operates an integrated business model which includes
retirement, property investment and funds management, land development, property development (incorporating residential, retail, industrial and commercial) and construction across Australia and New Zealand. FKP is an ASX top 200 company.
Issued by FKP Limited ABN 28010729950


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