I N F O R MATI O N MEMOR AND UM 1 9 4 A N Z A C AVENUE & 17 HIGH STREET, KIPPA-RING QLD 4021
FOR SALE VIA EXPR ESSIONS OF INTEREST CLOSING 9 SEPT 2021, 4PM
R AY W H I T E C O M M E R C I A L NORTHERN CORRIDOR GROUP *Outline and location indicative
THE OPPORTUNITY Ray White Commercial Northern Corridor Group are pleased to offer 194 Anzac Avenue and 17 High Street, Kippa-Ring for Sale via Expressions of Interest closing 4pm, 9th September 2021. The opportunity exists to purchase two adjoining freehold sites along busy Anzac Avenue. FEATURES • Total site area of 2,018m² • The two allotments have street frontage and access via Anzac Avenue, High Street and Oleander Street • Industrial warehouse on each allotment • Total building area of 1,489m²* • 194 Anzac Avenue - 751m²* • 17 High Street - 738m²* • Future upside with potential to increase rent • Redevelopment potential • Circa $108,311.25 holding income per annum • Located walking distance to Peninsular Fair Shopping Centre, Kippa-Ring Train Station and Kippa-Ring State School • Less than 10 mins to Redcliffe hospital, Redcliffe waterfront and Clontarf Industrial Estate • 15 mins to Bruce Highway, 25 mins to Brisbane Airport and 40 mins to Brisbane CBD For more information or to arrange an inspection, please contact marketing agents Aaron Canavan or Chris Massie.
CHRIS MASSIE 0412 490 840
DIRECTOR - COMMERCIAL PRINCIPAL chris.massie@raywhite.com
* Approximate
AARON CANAVAN 0447 744 948
ASSOCIATE DIRECTOR aaron.canavan@raywhite.com
EXECUTIVE SUMMARY
ADDRESS
194 Anzac Avenue & 17 High Street, Kippa-Ring QLD 4021
REAL PROPERTY DETAILS
L1 RP110431 and L39 RP30428 | Title Search 13929046 & 18270209
ZONING
Centre - Redcliffe Kippa-Ring Local Services
LOCAL AUTHORITY
Moreton Bay Regional Council
OVERLAYS
Acid sulfate soils, Active transport, Building heights, Infrastructure buffers, Road hierarchy, Stormwater catchments, Transport noise corridor, Walking distance (centre)
LAND AREA
194 Anzac Avenue - 1,006m2* 17 High Street - 1,012m2* Total land size: 2,018m2*
BUILDING AREA
194 Anzac Avenue - 751m 2 * 17 High Street - 738m 2 * Total building area: 1,489m 2 *
HOLDING INCOME
$108,311.25 gross per annum plus Rates & Water
OUTGOINGS
Water: $6,159.04 per annum Rates: $10,588.00 per annum Insurance: $9,705.00 per annum Land Tax: $10,941.65 Total: $37,393.69 per annum
SALE PROCESS
Expressions of Interest Closing 9 September 2021, 4pm
MARKETING AGENTS
CHRIS MASSIE 0412 490 840
DIRECTOR - COMMERCIAL PRINCIPAL chris.massie@raywhite.com
AARON CANAVAN 0447 744 948
ASSOCIATE DIRECTOR aaron.canavan@raywhite.com
* Approximate
TENANCY INFORMATION
Property 194 Anzac Ave
Tenant Size JT Press 751m2
Lease Term Monthly
17 High Street
JT Press 523.25m2
Monthly
17 High Street Vacant Total
214.75m2 1,489m2
Rent per annum Increases $63,835.00 $44,476.25
Outgoings 100% of water & rates 100% of water & rates
$108,311.25
JT Press is one of Australia’s most innovative printers and has been providing customers with printing solutions for over three decades. From government departments to small and large corporate organisations, no job is too big or small. Our team can also supply you with warehouse solutions to aid in the storage, management and dispatching of your printed collateral. We provide prompt service, with our own delivery vans ensuring you receive your products in a timely manner. Outside services are also incorporated, with electronic tracking providing you with added peace of mind when your products are in transit. https://www.jtpress.com.au/about
L O C AT I O N
There’s never been a more exciting time to invest in the Moreton Bay Region. Moreton Bay is the third largest local government area in Australia by population, and has been recognised as a region with one of the fastestgrowing populations, and the strongest-growing economies in the country. The region provides the perfect balance between business and lifestyle, and is located in South East Queensland’s northern growth corridor, just north of the Brisbane CBD. Moreton Bay has easy access to the Brisbane CBD and major transport and export infrastructure, including the Brisbane and Sunshine Coast international airports, Port of Brisbane, Bruce Highway, and Redcliffe Peninsula and Sunshine Coast rail lines. Major regional infrastructure projects such as The Mill at Moreton Bay and the $1 billion Redcliffe Peninsula Rail Line are underpinning new, exciting opportunities for continued economic development, employment growth and business confidence into the future. moretonbay.qld.gov.au
Caboolture
Redcliffe
31,447 Ha
Bellmere, Caboolture, Caboolture South, Elimbah, Moodlu, Wamuran and part of Morayfield
3,825 Ha
Clontarf, Kippa-Ring, Margate, Newport, Redcliffe, Rothwell, Scarborough, Woody Point
Image: Caboolture (2013)
Identified as the principal regional activity centre of Moreton Bay Region, Caboolture is home to a number of major public infrastructure facilities including hospitals, schools and emergency services. Investment opportunities include a broad range of health and community assistance industry activities.
ECONOMY
RESIDENT WORKFORCE 73,000 Population
(as at 30 June 2018) Avg annual growth rate 2.3%
87% Employment Rate 94% State employment rate
$560 Weekly personal income (2016)
33.5 years Median age 20,900 Number of local jobs $5,820 million Gross revenue generated
22% 3+ Vehicle Households 33,000 Daily Vehicle Movements
35,200 Resident labour force
Major Train Station
107 Daily Train Services
2,585 Daily Train Patronage
Health care and social assistance (3,460) Most common employment by industry
+37% (2006-2016)
Caboolture Station 893 Daily Bus Patronage
+1.4% Annual growth (2017-2018)
6
Moreton Bay Regional Council Economic Dashboard
$397,000 Median sale price of new houses
45.3 years Median age
(as at 30 June 2018) Avg annual growth rate 0.9%
$5,430 million Gross revenue generated
246 Businesses with turnover greater than $2M +8% (FY15/16 - FY17/18)
$3,500 Average advertised sale price - commercial ($/m2)
94% State employment rate
(bachelor or higher - 2016)
15% 3+ Vehicle Households 19,800 Daily Vehicle Movements
30,600 Resident labour force
Major Train Station
98 Daily Train Services
1,393 Daily Train Patronage
Health care and social assistance (3,700) Most common employment by industry
Professionals (4,000) Most common occupation +30% (2006-2016)
+4.1% Annual growth (2017-2018)
96 ha / 17 ha Zoned for Industry Use / Vacant Industrial Land
100 ha / 15 ha Zoned for Centre Use / Vacant Centre Land 210,000m² Total Existing Retail Building Footprint in Centre Zone
Major Bus Station
579 Daily Bus Patronage
$311,000 Median sale price of residential vacant land
$3,930 Average advertised sale price - retail ($/m2)
Kippa-Ring Station 405 Daily Bus Services
$620,000 Median sale price of new houses
+35% (2006-2016)
+9% Annual growth (2017-2018)
7 Bus Routes
$442,000 Average residential sale price
$1,670 Average advertised sale price - industrial ($/m2)
(Anzac Avenue, 2017)
Kippa-Ring Station
PROPERTY
$660 State median
13% Education
804 ha / 695 ha Zoned for Industry Use / Vacant Industrial Land
115 ha / 15 ha Zoned for Centre Use / Vacant Centre Land
92% Employment Rate
$600 Weekly personal income (2016)
19,900 Number of local jobs
$200,000 Median sale price of residential vacant land
310,000m² Total Existing Retail Building Footprint in Centre Zone
Major Bus Station
242 Daily Bus Services
62,500 Population
$2,550 Average advertised sale price - retail ($/m2) Labourers (4,580) Most common occupation
RESIDENT WORKFORCE
$350,000 Average residential sale price
+75% (2006-2016)
+4.5% Annual growth (2017-2018)
16 Bus Routes
ECONOMY
$1,770 Average advertised sale price - industrial ($/m2)
(Morayfield Road, 2018)
Caboolture Station
Historically one of the oldest settlements in the area, Redcliffe is identified as a major centre, with a strong focus on tourism opportunities. The new Redcliffe Peninsula Rail Line has been a game changer, increasing connectivity from the seaside to the rest of the region and to Brisbane City +.
$660 State median
8% Education
(bachelor or higher - 2016)
PROPERTY
Image: Redcliffe (2013)
256 Businesses with turnover greater than $2M +25% (FY15/16 - FY17/18)
$3,930 Average advertised sale price - commercial ($/m2)
Moreton Bay Regional Council Economic Dashboard
7
DISCLAIMER
The information contained in this Information Memorandum and any other verbal or written information given in respect of the property (“Information”) is provided to the recipient (“you”) on the following conditions: 1. North Coast Commercial Properties Pty Ltd trading as Ray White Northern Corridor Group and or any of its officers, employees or consultants (“we, us”) make no representation, warranty or guarantee, that the Information, whether or not in writing, is complete, accurate or balanced. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing. 2. All visual images (including but not limited to plans, photographs, specifications, artist impressions) are indicative only and are subject to change. Any measurement noted is indicative and not to scale. All outlines on photographs are indicative only. 3. The Information does not constitute, and should not be considered as, a recommendation in relation to the purchase of the property or a solicitation or offer to sell the property or a contract of sale for the property. 4. You should satisfy yourself as to the accuracy and completeness of the Information through your own inspections, surveys, enquiries, and searches by your own independent consultants, and we recommend that you obtain independent legal, financial and taxation advice. This includes as to whether any listing price is inclusive or exclusive of GST. 5. We are not valuers and make no comment as to value. “Sold/ leased” designations show only that stock is “currently not available” – not that the property is contracted/ settled. If you require a valuation we recommend that you obtain advice from a registered valuer. 6. The Information does not and will not form part of any contract of sale for the property. If an interested party makes an offer or signs a contract for the property, the only information, representations and warranties upon which you will be entitled to rely will be as expressly set out in such a contract.
7. Interested parties will be responsible for meeting their own costs of participating in the sale process for the property. We will not be liable to compensate any intending purchasers for any costs or expenses incurred in reviewing, investigating or analysing any Information. 8. We will not be liable to you (to the full extent permitted by law) for any liabilities, costs or expenses incurred in connection with the Information or subsequent sale of the property whatsoever, whether the loss or damage arises in connection with any negligence, default or lack of care on our part. 9. No person is authorised to give information other than the Information in this Information Memorandum or in another brochure or document authorised by us. Any statement or representation by an officer, agent, supplier, customer, relative or employee of the vendor will not be binding on the vendor or us. 10. To the extent that any of the above paragraphs may be construed as being a contravention of any law of the State or the Commonwealth, such paragraphs should be read down, severed or both as the case may require and the remaining paragraphs shall continue to have full force and effect. 11. You may not discuss the Information or the proposed sale of the property with the vendors or with any agent, friend, associate or relative of the vendor or any other person connected with the vendor without our prior written consent. We accept no responsibility or liability to any other party who might use or rely upon this report in whole or part of its contents. 12. The Information must not be reproduced, transmitted or otherwise made available to any other person without our prior written consent.
MORETON BAY
AARON CANAVAN ASSOCIATE DIRECTOR 0447 744 948 aaron.canavan@raywhite.com
ASHLEY REES DIRECTOR - SENIOR ANALYST 0411 707 410 ashley.rees@raywhite.com
MICHAELA WEBB PERSONAL ASSISTANT TO CHRIS MASSIE (1300) 255 075 michaela.webb@raywhite.com
SUNSHINE COAST
MICHAEL SHADFORTH DIRECTOR - COMMERCIAL PRINCIPAL 0488 981 076 michael.shadforth@raywhite.com
EMILY PENDLETON ASSOCIATE DIRECTOR 0402 435 446 emily.pendleton@raywhite.com
JULIE RYAN MAJOR ASSET SALES 0447 445 453 julie.ryan@raywhite.com
SAMUEL HOY SALES & LEASING EXECUTIVE 0423 795 273 samuel.hoy@raywhite.com
CHRISTINE FRENEY SALES & LEASING EXECUTIVE 0432 170 380 christine.freney@raywhite.com
DWAINE BATHERN SALES & LEASING ASSOCIATE 0499 568 419 dwaine.bathern@raywhite.com
DAVID GOLDSWORTHY SALES & LEASING EXECUTIVE 0481 996 794 david.goldsworthy@raywhite.com
CHARLEE LIVESEY ADMINISTRATION ASSISTANT 1300 255 075 charlee.livesey@raywhite.com
BRENDAN KING MARKET ANALYST 1300 255 075 brendan.king@raywhite.com
BROCKE HAMBRECHT SALES MANAGER & AUCTIONEER 0466 599 724 brocke.hambrecht@raywhite.com
TREVOR NELSON-JONES SALES & LEASING EXECUTIVE 0407 736 521 trevor.nelson-jones@raywhite.com
LUKE HOBMAN SALES & LEASING EXECUTIVE 0434 053 164 luke.hobman@raywhite.com
PINE RIVERS
CHRIS MASSIE DIRECTOR - COMMERCIAL PRINCIPAL 0412 490 840 chris.massie@raywhite.com
SHAYNA KIRK GROUP EXECUTIVE ASSISTANT (1300) 255 075 shayna.kirk@raywhite.com
MORETON BAY
SUNSHINE COAST
PINE RIVERS
PROPERTY MANAGEMENT
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