INFORMATION MEMORANDUM 2/77-79 PASTURAGE ROAD CABOOLTURE QLD 4510
FOR SALE
R AY W H I T E C O M M E R C I A L NORTHERN CORRIDOR GROUP
THE OPPORTUNITY Ray White Commercial Northern Corridor Group is pleased to offer 2/77-79 Pasturage Road, Caboolture for Sale as a tenanted investment. This state of the art food production facility boast a 7 year lease to a company supplying some of the major supermarkets across Australia. Significant investment from both tenants and owners makes this one of the premier food production facilities in the region and provides flexibility for future tenant expansion and upgrades. The modern tilt panel building is located only 1 kilometre from the Bruce Highway in the tightly held Corporate Park Industrial Estate. FEATURES: - 1,654m2 commercial kitchen facility - Leased to food wholesale company on 7 year lease ending 2025 - Current net income of $201,040 per annum - 6.5 metre clear span tilt panel construction - 110m2 office space over two levels - Full electric container height roller doors - 3-phase power - Ample car parking on site - Provision for 5 tonne overhead gantry crane - Extensive power and plumbing upgrades For more information on this opportunity or to arrange an inspection, please contact exclusive marketing agents Chris Massie or Aaron Canavan.
CHRIS MASSIE 0412 490 840
DIRECTOR - COMMERCIAL PRINCIPAL chris.massie@raywhite.com
AARON CANAVAN 0447 744 948 ASSOCIATE DIRECTOR aaron.canavan@raywhite.com
EXECUTIVE SUMMARY
ADDRESS
2/77-79 Pasturage Road, Caboolture QLD 4510
REAL PROPERTY DETAILS
Lot 2 on SP215464
ZONING
General Industry
SITE AREA
1,654m ² *
LOCAL AUTHORITY
Moreton Bay Regional Council
OUTGOINGS
$44,824.34*
CURRENT NET INCOME
$201,040 per annum
SALE PRICE
$2,500,000
MARKETING AGENTS
CHRIS MASSIE 0412 490 840
DIRECTOR - COMMERCIAL PRINCIPAL chris.massie@raywhite.com
OUTGOINGS RATES
$5,400.00*
WATER
$2,000.00*
BODY CORPORATE LEVIES
$21,322.79*
LAND TAX
$2,451.55*
REPAIRS & MAINTENANCE
$2,000.00*
MANAGEMENT FEES
$10,650.00*
ACCOUNTING FEE
$1,000.00*
TOTAL
$44,824.34*
* Approximate
AARON CANAVAN 0447 744 948 ASSOCIATE DIRECTOR aaron.canavan@raywhite.com
TENANCY OVERVIEW Tenant
Fresh Start Equity Pty Ltd (Trading as Fare & Frolic)
Size
1,654m2
Rent
$201,040 per annum net
Commencement 1/03/2018 Lease Term
Seven (7) years
Options
2 x Five (5) Year Options
Reviews
3% annually
Outgoings
100% Payable by tenant
Security
$104,225.00 bank guarantee
Description
Commercial kitchen preparing health conscious frozen meals, distributed through major Supermarkets, Gyms and Health food stores across the country.
LOCATION
Situated within an established industrial precinct, the property is centrally located and in close proximity to Sundowner Hotel/Motel, McDonalds Bribie Interchange and various Industrial tenancies. This quality asset is approximately 40 minutes from Brisbane CBD, 40 minutes from the Sunshine Coast and 30 minutes to the Brisbane Airport. Road System, Access & Exposure Conveniently accessible via the Bribie Island interchange/Caboolture exits which lead directly into Corporate Park Industrial Estate. Services & Amenities Electricity, town water, sewerage and telephone services are available and connected to the property.
PLANS - TENANCY FIT OUT
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.
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
SUNSHINE COAST
ASHLEY REES DIRECTOR - SENIOR ANALYST 0411 707 410 ashley.rees@raywhite.com
PINE RIVERS
MORETON BAY
CHRIS MASSIE DIRECTOR - COMMERCIAL PRINCIPAL 0412 490 840 chris.massie@raywhite.com
MICHAEL SHADFORTH DIRECTOR - COMMERCIAL PRINCIPAL 0488 981 076 michael.shadforth@raywhite.com
JULIE RYAN MAJOR ASSET SALES 0447 445 453 julie.ryan@raywhite.com
AARON CANAVAN ASSOCIATE DIRECTOR 0447 744 948 aaron.canavan@raywhite.com
ROB DAWSON SALES & LEASING EXECUTIVE 0422 786 205 rob.dawson@raywhite.com
EMILY PENDLETON ASSOCIATE DIRECTOR 0402 435 446 emily.pendleton@raywhite.com
BLAKE PRIMROSE SENIOR SALES & LEASING EXECUTIVE 0423 555 043 blake.primrose@raywhite.com
SEAN SKEFFINGTON SALES & LEASING EXECUTIVE 0422 587 143 sean.skeffington@raywhite.com
CHRISTINE FRENEY SALES & LEASING EXECUTIVE 0432 170 380 christine.freney@raywhite.com
SHAYNA KIRK GROUP EXECUTIVE ASSISTANT 0433 574 694 shayna.kirk@raywhite.com
LUKE HOBMAN SALES & LEASING EXECUTIVE 0434 053 164 luke.hobman@raywhite.com
BLAKE WEIGEL SALES ASSOCIATE 0434 552 331 blake.weigel@raywhite.com
MICHAELA WEBB PERSONAL ASSISTANT TO CHRIS MASSIE 0409 202 066 michaela.webb@raywhite.com
STACI TOBIN ADMINISTRATION ASSISTANT 0466 248 654 staci_tobin@raywhite.com
SAMUEL HOY SALES & LEASING EXECUTIVE 0423 795 273 samuel.hoy@raywhite.com
SARAH BENBOW ADMINISTRATION ASSISTANT 0401 665 998 sarah.benbow@raywhite.com
BRENDAN KING MARKET ANALYST 1300 255 075 brendan.king@raywhite.com
DAVID GOLDSWORTHY SALES & LEASING EXECUTIVE 0481 996 794 david.goldsworthy@raywhite.com
SUNSHINE COAST
MORETON BAY
PINE RIVERS
PROPERTY MANAGEMENT
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9/113-137 Morayfield Road Morayfield QLD 4506
DWAINE BATHERN SALES & LEASING ASSOCIATE 0499 568 419 dwaine.bathern@raywhite.com
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