INFORMATION MEMORANDUM
1 HELIUM STREET NARANGBA QLD 4504 Prepared by Ray White Commercial Northern Corridor Group
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THE OPPORTUNITY Ray White Commercial Northern Corridor Group are pleased to offer 1 Helium Street, Narangba for Sale. This industrial freehold located on a corner allotment offers a quality investment opportunity in a tightly held precinct. FEATURES: -
5,003m2 corner allotment 1,533m2 total building area Net income of $239,245.60 per annum Tenants include QFES and and HYPAR Group Large hardstand area Solar power Ample on site parking Immediate highway access
For further information please contact Aaron Canavan or Chris Massie
EXECUTIVE SUMMARY
ADDRESS
1 Helium Street, Narangba QLD 4504
PROPERTY DETAILS
L772 SL8611
LAND AREA
5,003m2*
BUILDING AREA
1,533 m2*
LOCAL AUTHORITY
Moreton Bay Regional Council.
ZONING
General Industry
NET INCOME
$239,245.60 per annum
OUTGOINGS
$28,023.24* per annum
SALE PROCESS
Offers to Purchase
* Approximately
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TENANCY SCHEDULE
TENANCY
SIZE M2
TENANT
TERM
LEASE EXPIRY
OPTIONS
OUTGOINGS RECOVERED
NET INCOME
INCREASE
58.90%
$143,260.00
CPI
Building 1 Units 1, 2 & 3 Building 2 Unit 3
903
Rental Guarantee
2 years
2 years from settlement
Building 2 Unit 4
150
Hypar Group
3 years
24/03/2025
1 X 3 Years
9.79%
$34,200.00
CPI
Building 2 Unit 5
480
QFES
5 years
20/03/2027
2 x 2 years
31.31%*
$61,785.60*
CPI or 3%
TOTAL
1533
100%
$239,245.60
*tenant on gross lease of $70,560, net amount is calculated based on reducing the gross rent amount by 31.31% of total outgoings
TENANT INFORMATION
IMAGE HYPAR (Helping Young People at Risk) provides Mentoring, Supported Independent Living (SIL) and Disability Support services for males across Greater Brisbane and the surrounding South East Queensland region. We are a male-to-male service and adapt and tailor each service to meet the needs, capacity, interests and goals of each individual. Benefits of accessing our services include increased independence, capacity, self-care, social interaction and personal wellbeing. As a registered NDIS provider, NDIS participants can utilise their plans and funds to access our services. We also accept referrals from other community organisations and independent agencies. HYPAR is part of the HYPAR Group, a collective of specialist organisations supporting at-risk young people, people with disability, and people seeking personal wellbeing and independence. Since its inception in 2008, HYPAR Group has grown into three core service providers, HYPAR, HYPAR Residential Care, and adventure therapy service HYPAR WILD. https://hypar.com.au/
Queensland Fire and Emergency Services (QFES) is the primary provider of fire and rescue, emergency management, and disaster mitigation programs and services throughout Queensland. We deliver this through our Fire and Rescue Service (FRS), Rural Fire Service (RFS) and State Emergency Service (SES). Our role is to provide leadership, mitigation planning and a responsive service to ensure the safety of the Queensland community. We aim to protect people, property and the environment through the continued delivery of emergency services, awareness programs, response capability and capacity, and incident response and recovery for a safer Queensland. We also support other emergency response volunteer organisations including Surf Life Saving Queensland (SLSQ), Royal Life Saving Society Queensland (RLSSQ), Australian Volunteer Coast Guard Association (AVCGA) and Volunteer Marine Rescue Association Queensland (VMRAQ). https://www.qfes.qld.gov.au/about-us
OUTGOINGS
Council Rates
$8,044.00
Water Rates
$1,000.00
Insurance
$6,000.00
Land Tax
$9,383.00
HSTP Servicing
$400.00
Electricity (common areas)
$1,500.00
Gardening & Maintenance
$1,696.24
TOTAL
* Approximately
$28,023.24
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FLOOR PLAN
FLOOR PLAN
LOCATION MORETON BAY REGION 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 fastest-growing 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.
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IMAGE WHY BUY THIS PROPERTY? • Unmatched premium location in booming Northern Corridor •Close proximity to highway access •General Industry Zone •Minimal available stock nearby • Exploding population in immediate area • Adjoins North Lakes, voted Australia’s best master planned community WHY NARANGBA & NORTH LAKES? This business precinct encompassing Narangba and North Lakes has consistently ranked among the fastest growing regions in the country. North Lakes recently received the status of the Australia’s best master planned community by the Property Council of Australia. Home to almost 25,000 people and providing 15,000 jobs, this is now recognised as “the new centre”, servicing the growing population between Brisbane and the Sunshine Coast. The marquee surrounding tenants speak volumes to the quality of this precinct as a key logistics hub for the north WHY MORETON BAY REGION? The mega council region of Moreton Bay north of Brisbane is required to build another 88,300 homes over the next 22 years, according to the South East Queensland Regional Plan 2017. During that time the council, which is already the third largest in Australia, is expected to grow from 459,600 to 690,000 residents – more than the state of Tasmania. There are few regions in the country more unanimously exciting than the Northern Corridor between Brisbane and the Sunshine Coast. CABOOLTURE WEST “SLEEPING GIANT” Located just ten minutes north-west of the property is Caboolture West, a 3,480ha parcel earmarked to house more than 68,000 new residents. This is a larger population than Rockhampton and would be the eighth largest city in Queensland. The development is now being fast tracked, with the first application being lodged by key developer AV Jennings for an initial 8,700 homes.
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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 b y 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 t o 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 t o 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 t o whether any listing price is inclusive or exclusive of GST. 5. We are not valuers and make no comment as to value. “S old/ leased” designations show only that stock is “currently not available” – no t 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.
Aaron Canavan
Chris Massie
0447 744 948 aaron.canavan@raywhite.com
0412 490 840 chris.massie@raywhite.com
RAY WHITE COMMERCIAL NORTHERN CORRIDOR GROUP