INFORMATION MEMORANDUM
62-72 EMPIRE CRESCENT CHEVALLUM QLD 4555 Prepared by Ray White Commercial Northern Corridor Group
CONTENTS THE OPPORTUNITY
3
EXECUTIVE SUMMARY
5
TENANCY SCHEDULE
7
FLOOR PLAN
8
Samuel Hoy
LOCATION
9
0423 795 273 samuel.hoy@raywhite.com
SUNSHINE COAST OVERVIEW
10
SUNSHINE COAST MAJOR PROJECTS
12
DISCLAIMER
17
Charlee Livesey 0431 135 900 charlee.livesey@raywhite.com
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THE OPPORTUNITY Acting as the exclusive marketing agent on behalf of the vendor, Luxe Commercial & RWC Northern Corridor Group are pleased to present to the market 62 - 72 Empire Crescent, Chevallum. Situated within the tightly held warehousing and logistics precinct of the Chevallum Industrial Estate adjacent to the Bruce Highway, this innovative development features: ● ● ● ● ● ● ●
Modern industrial facilities totaling 5,278sqm. Flexible tenancy areas available from 291sqm. Generous hardstand area for maneuverability. 6m* door clearance with hi bay LED lighting. Straight drive through access, providing seamless loading. Units equipped with mezzanines - can be used for office or storage. Allocated car parking provided, in addition to ample visitor parking.
The Chevallum Industrial Estate is one of South East Queensland's most sought after and tightly held logistics & industrial precincts, providing direct access to the Bruce Highway both immediately north & south.
EXECUTIVE SUMMARY
ADDRESS
68-72 Empire Crescent, Chevallum QLD 4555
REAL PROPERTY DETAILS
Lot 5 on SP302149 Lot 3 on SP302149 Lot 4 on SP302149
TITLE REFERENCE
Lot 5 | 51187649 Lot 3 | 51187647 Lot 4 | 51187649
SITE AREA
7,614m2
CAR PARKING
54 car parks 4 motorcycle
LOCAL AUTHORITY
Sunshine Coast Regional Council
ZONING
Low Impact Industry Zone
OUTGOINGS
Estimated $25/m2* approx.
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TENANCY AVAILABILITY UNIT 1
614m2
LEASED
UNIT 2
307m2
LEASED
UNIT 3
309m2
LEASED
UNIT 4
751m2
LEASED
UNIT 5
579m2
LEASED
UNIT 6
291m2
LEASED
UNIT 7
286m2
LEASED
UNIT 8
291m2
$52,380
UNIT 9
291m2
$52,380
UNIT 10
291m2
$52,380
UNIT 11
286m2
LEASED
UNIT 12
291m2
LEASED
UNIT 13
252m2
LEASED
UNIT 14
438m2
LEASED
* Approximately
FLOOR PLAN
LOCATION Chevallum Chevallum, located east of Palmwoods, south of Nambour and 15 minutes to Maroochydore, is conveniently located in the heart of the Sunshine Coast, central to coast and hinterland, with fast quick access to the M1. The name Chevallum is believed to have been derived from the local aboriginals ‘cha-balan’ meaning flat place. Historically Chevallum has been a rich, fertile agricultural belt – growing a variety of produce, predominantly strawberries, and the annual Strawbfest held at Chevallum State School each September has been a mainstay of the community and a successful fundraiser for the small local school. In recent years the outskirts of Chevallum, i.e, the land strategically positioned to adjoin the highway on the eastern side, has been converted into industrial space, with Chevallum Industrial Park providing super-fast access to M1 and facilitating a range of different sized serviced lots for a variety of light to heavy industry. With no building covenants (or timelines), 12-metre building height limit, high-speed integrated NBN, B-Double approved roads, allotment sizes from 1500-5168m2, 65% allowable site coverage (stca), and level building platforms allowing for easy access and exits; it has attracted the attention of tenants and operators locally and nationwide, from small industry to larger players, and is particularly suited to transport and logistics. Exposure and access to the M1 linking you north and south is a key feature; and when the highway upgrades are completed – this will arguably be the best located industrial estate in southeast Queensland. Stakeholders who have got in early will reap future benefits, through both positioning and capital gain.
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SUNSHINE COAST OVERVIEW An hour north of Brisbane, the Sunshine Coast stretching from Caloundra in the south through to Noosa/Tewantin in the north and incorporating hinterland townships to the west in between, covers an area of approximately 2,291 square kilometres with 60 kilometres of spectacular open coastline. The Sunshine Coast is Australia’s 9th largest population centre (as of June 2021) and 5th largest in the state, with a population growth outpacing most of the nation, and one of the fastest growing regional economies. Over the past several years there has been billions of dollars’ worth of investment poured into the region from both the public and private sectors, with projects including airport expansion, the building of the public and private university hospitals and health hub, SunCentral CBD in Maroochydore, the city of Aura in Caloundra South, submarine broadband connection providing fastest connection to Asia from the east coast, Bruce Highway upgrade, multiple new housing estates and associated infrastructure including schools and sporting facilities, industrial parks and more. There is good connectivity across the region via road networks, rail through the hinterland townships, and bus; and the Sunshine Coast Airport now has a second runway and is open to international travel (now Australia’s fastest growing airport (traffic-wise). With the 2032 Olympics being held in south-east Queensland, there will be an acceleration in investment in this region, particularly in and around transport, including possible rail upgrades providing line duplication for fast rail and there is also a proposal in place for a light rail coastal service.
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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.
Samuel Hoy
Charlee Livesey
0423 795 273 samuel.hoy@raywhite.com
0431 135 900 charlee.livesey@raywhite.com
RAY WHITE COMMERCIAL NORTHERN CORRIDOR GROUP Level 1, 172 Brisbane Road, Mooloolaba QLD 4557 www.raywhitecommercialnortherncorridorgroup.com.au