I am Alan J Marshall, Director of Downstream Nominees Pty Ltd a private West Australian Property Development Company. We are excited about our new project St David's Estate, an especially designed estate for Greyhound Owners.

St David's is an innovative estate just 10km east of the city of Mandurah and 7km from the Mandurah Greyhound track. Development of the new freeway and train service linking Mandurah to the capital city of Perth is we believe, due for completion in 2006. Development of the Freeway has already extended to Rockingham and has resulted in considerable property value increases.

We strongly believe that property values at St David's estate will increase significantly over the next few years. Mandurah saw an increase of 20% in property values over 2003.

Can you imagine the St David's Estate lifestyle, with white post and rail fences, green trees with white blossom over summer, bitumen roads and crossovers to your lot, three phase power, scheme water, street lighting and water features incorporated into the artistic entry statement.

Exclusively for the use of the estate owners is a purpose built slipping track of some 340 metres in length. All this and more, see the emus, kangaroos, wildflowers in spring, go fishing on the Mandurah estuary or the Indian ocean, join the light aircraft aero club and learn to fly. Be free and enjoy the lifestyle at St David's.