REIV COMMERCIAL & INDUSTRIAL MARKETING AWARDS 2018 15 Langmore Lane Berwick
CATEGORY Office, best campaign under $10,000
REIV NUMBER 102290
PRINCIPAL Mark Bond
AWARD PERIOD 1 July 2017 - 30 June 2018
EST
1917 Trusted
FRANK FACEY REAL ESTATE ESTABLISHED
MARKET LEADER IN DANDENONG, BERWICK, NARRE WARREN AND PAKENHAM CORRIDOR.
1992 FACEY INDUSTRIAL COMMERCIAL WAS ESTABLISHED AS A SEPARATE ENTITY
Local
Experienced
Our clients come to us time and again, knowing that, with integrity, we will tailor a solution to their needs.
The presence of the Facey name in Dandenong since 1917 plus our extensive knowledge of the South East means we are on the ground using our contacts and local expertise to achieve an optimum result.
Our team of specialists’ combined years of experience allows our client to rest assured that they are in capable hands.
SOME OF OUR CLIENTS INCLUDE:
THIRD
A GENERATION FAMILY
1917 - 2017
AT FACEY INDUSTRIAL COMMERCIAL WE PRIDE OURSELVES ON BEING THE AUTHORITY ON INDUSTRIAL AND COMMERCIAL PROPERTY IN THE SOUTH EAST.
PROPERTY 15 Langmore Lane, Berwick
15 LANGMORE LANE, BERWICK
PROPERTY SNAPSHOT
LAND AREA 890m2
REIV AWARDS 2018 5
BUILDING AREA 413m2
ZONING Commercial 1
INCOME $156,773 pa + GST & O/Gs
15 LANGMORE LANE, BERWICK
REIV AWARDS 2018
6
15 LANGMORE LANE, BERWICK
REIV AWARDS 2018
7
CAMPAIGN 15 Langmore Lane, Berwick
15 LANGMORE LANE, BERWICK REIV AWARDS 2018 9
SALE METHOD After careful evaluation of the property and consideration of the market, we believed that an
AUCTION was the best method to achieve the maximum sale price.
PRIVATE TREATY
AUCTION
EOI
PUBLIC TENDER
The agreement for the sale of a property at a price negotiated directly between the vendor and purchaser or their agents.
A public sale in which goods or property are sold to the highest bidder.
A multi-staged selling process. An Expression of Interest is used to shortlist potential purchasers before seeking detailed bids from the shortlisted tenderers.
An open bidding process where the sealed bids are opened in public for scrutiny and are chosen on the basis of price and quality.
15 LANGMORE LANE, BERWICK
MARKETING PACKAGE
$1,100.00 $3,484.50 $896.50
$169.95 $2,376.00
WE RECOMMENDED THE FOLLOWING PACKAGE TO MARKET THE PROPERTY AND DELIVER THE BEST RESULTS.
$623.70
$1,210.00 $324.50
REIV AWARDS 2018 10
$247.50 *All prices are GST exclusive. Effective as of July 2017.
Client Invoiced $9,484.22 + GST
15 LANGMORE LANE, BERWICK
eDM
iPad
8:35 PM
Auccon 15 Langmore Lane, Berwick
TO TARGETED DATABASE
Auccon 15 Langmore Lane, Berwick
SPEND $247.50
RECIPIENTS
VIEWS
2,519
OPENS
Property Insight
Auccon: Wednesday 6th December, 11am on site
Building area: 413m2 Land area: 890m2 Zoning: Commercial 2
• Income of $156,773 pa + GST & O/Gs • 14 car parks on site • 4% annual reviews
Property Insight
Auccon: Wednesday 6th December, 11am on site
Building area: 413m2 Land area: 890m2 Zoning: Commercial 2
• Income of $156,773 pa + GST & O/Gs • 14 car parks on site • 4% annual reviews
Posiioned for success 15 Langmore Lane, Berwick Excepponally well located, this commercial investment demands your aaennon.
867 (34.42%)
Leased on a 5 year term to MIA Radiology with an addiional 5 year oppon. Renewed in 2005, 2010 and 2015 this radiology clinic has been associated with 15 Langmore Lane since its inceppon back in 2001 when they occupied Suites 2 & 3. Currently returning $156,773 pa + GST & O/Gs, the three individual suites have been leased as one since 2005. Annual increases to 4% keep this property cking over. 14 car parks on site at rear and within Berwick's commercial heart you can not find a beeer posiioned piece of real estate.
CLICKS
Auccon to be held Wednesday 6th December 2017, 11am on site. Calling for a 10% deposit with seelement 60/90 days.
66 AUCTION REMINDER EDM
Find Out More →
Posiioned for success
Auccon 15 Langmore Lane, Berwick
15 Langmore Lane, Berwick
REIV AWARDS 2018
Property Insight
Auccon: Wednesday 6th December, 11am on site
Building area: 413m2 Land area: 890m2 Zoning: Commercial 2
• Income of $156,773 pa + GST & O/Gs • 14 car parks on site • 4% annual reviews
Excepponally well located, this commercial investment demands your aaennon.
RECIPIENTS
VIEWS
1,148
OPENS
Leased on a 5 year term to MIA Radiology with an addiional 5 year oppon. Renewed in 2005, 2010 and 2015 this radiology clinic has been associated with 15 Langmore Lane since its inceppon back in 2001 when they occupied Suites 2 & 3. Currently returning $156,773 pa + GST & O/Gs, the three individual suites have been leased as Posiioned for success
one since 2005. Annual increases to 4% keep this property cking over. 14 car parks on site at rear 15 Langmore Lane, Berwick
and within Berwick's commercial heart you can not find a beeer posiioned piece of real estate. Excepponally well located, this commercial investment demands your aaennon.
446 (38.85%)
Leased on a 5 year term to MIA Radiology with an addiional 5 year oppon. Renewed in 2005,
2010 and 2015 this radiology clinic has been associated with 15 Langmore Lane since its inceppon
back in 2001 when they occupied Suites 2 & 3. Currently returning $156,773 pa + GST & O/Gs, the three individual suites have been leased as one since 2005. Annual increases to 4% keep this property cking over. 14 car parks on site at rear
Auccon to be held Wednesday 6th December 2017, 11am on site. Calling for a 10% deposit with and within Berwick's commercial heart you can not find a beeer posiioned piece of real estate.
Auccon to be held Wednesday 6th December 2017, 11am on site. Calling for a 10% deposit with seelement 60/90 days.
seelement 60/90 days. Find Out More →
Mark Bond Mark Bond has been an integral part of Facey Industrial Commercial's growth over
CLICKS
29
the past 20 years . Mark's long term involvement with the company together with his high sales record has seen him develop a large, loyal group of clients.
0419 386 882 mark@faceyindustrial.com.au
Find Out More →
Colin Tarlamis With over 10 years' industry experience Colin's understanding of the Australian real estate market has seen him develop key relaaonships with clients at a naaonal level. As a Licensed Estate Agent with experrse in retail, commercial and industrial real estate, he works closely with Facey's corporate and insstuuonal clients.
0400 344 070 colin@faceyindustrial.com.au Mark Bond Mark Bond has been an integral part of Facey Industrial Commercial's growth over the past 20 years . Mark's long term involvement with the company together with his high sales record has seen him develop a large, loyal group of clients.
0419 386 882 mark@faceyindustrial.com.au
Request property IM Click here to request a detailed informaaon memorandum.
Colin Tarlamis With over 10 years' industry experience Colin's understanding of the Australian real estate market has seen him develop key relaaonships with clients at a naaonal level. As a Licensed Estate Agent with experrse in retail, commercial and industrial real estate, he works closely with Facey's corporate and insstuuonal clients.
11
0400 344 070 colin@faceyindustrial.com.au
Image is a representation only
Request property IM Click here to request a detailed informaaon memorandum.
Unsubsribe from this newsleeer. View disclaimer Facey Kendall O'Dea Pty. Ltd.
Unsubsribe from this newsleeer. View disclaimer Facey Kendall O'Dea Pty. Ltd.
6 Clow Street, Dandenong, VIC 3175 www.faceyindustrial.com.au
(03) 9793 4455
6 Clow Street, Dandenong, VIC 3175 www.faceyindustrial.com.au
(03) 9793 4455
15 LANGMORE LANE, BERWICK
VIDEO SPEND $1,210.00
VIEWS YOUTUBE
222 FACEBOOK LIVE AUCTION REIV AWARDS 2018 12
230
VIEWS
CLICK THE SCREEN TO WATCH THE VIDEO
COMMERCIALVIEW REIV AWARDS 2018 13
VIEWS
1,430 SPEND $1,100.00
Image is a representation only
8:35 PM iPad
8:35 PM iPad
iPad
8:35 PM
15 LANGMORE LANE, BERWICK
ONLINE ADVERTISING
REALCOMMERCIAL
COMMERCIALREALESTATE
VIEWS
ENQUIRIES
VIEWS
ENQUIRIES
1,892
34
102
5
SPEND $3,484.50
SPEND $896.50
15 LANGMORE LANE, BERWICK
PRINT ADVERTISING SPEND $2,376.00
THE AGE SECTION
Commercial Real Estate
9793 4455 | faceyindustrial.com.au EXPRESSION OF INTEREST
AUCTION
AD SIZE
1
2
AUCTION
AUCTION
3
T21 Full Colour REIV AWARDS 2018 14
INSERTION DATES
Saturday 11th November Saturday 18th November Saturday 25th November
Image is a representation only
15 Langmore Lane, Berwick
Units 1, 2 & 3 / 5 Berends Drive, Dandenong South
5 Network Drive, Carrum Downs
11 Levida Drive, Carrum Downs
Positioned for success - 5 year lease
1, 2, 3.... buy me!
Great way to Network
Shanikas Carrum Downs
• Income of $156,773 pa with 4% annual reviews • 14 car parks on site • 890m2 corner site Building area 413 m² Income $156,773 pa Zoning Commercial 1 Auction Wednesday 6th December, 11am on site Terms 10% deposit, balance 60/90 days
• 3 office/warehouses on one title • Invest now and start occupying in 2018 • Projected return circa $173,000 pa** Building area 2,657m² Land area 3,917m² Zoning Industrial 2 EOI Closing Thursday 7th December, 4pm 6 Clow Street, Dandenong
• 8 year secure investment • Returning $140, 000 pa • Modern building with 10T crane Building area 1,722m² Land area 2,401m² Zoning Industrial 1 Auction Thursday 7th December, 12 noon on site
• Secure 7 x 5 x 5 x 5 year lease • Popular local restaurant tenant • Great corner position off Lathams Road Building area 303m² Income $78,000 pa Zoning Industrial 1 Auction Tuesday 12th December, 2pm on site Terms 10% deposit, balance 60 days
Mark Bond 0419 386 882 Colin Tarlamis 0400 344 070
Mark Bond 0419 386 882 Richard O’Callaghan 0418 338 746
**Assuming an average rate of $65 per m² pa nett
Matt O’Dea 0448 566 556
Simon Wellock 0404 131 080
Matt Rice 0419 871 240 Richard O’Callaghan 0418 338 746 *All figures are exclusive of GST & O/Gs. All sizes are approximate.
15 LANGMORE LANE, BERWICK
SOCIAL MEDIA SPEND $169.95
FACEBOOK REACH
8,575 IMPRESSIONS ADVERTISING CAMPAIGN ON FACEBOOK, INSTAGRAM AND LINKEDIN TARGETED AT AN INVESTOR AUDIENCE.
20,436 CLICKS
42 LIVE AUCTION VIEWS
REIV AWARDS 2018
230
15
WATCH AUCTION
Image is a representation only
15 LANGMORE LANE, BERWICK
PRINT COLLATERAL & SIGNAGE
TANGIBLE PRINT COLLATERAL PROVIDING INFORMATION AND VISUAL IMPACT.
POSITIONED FOR SUCCESS
01 AUCTION
BUILDING AREA
413m2
Positioned for success Exceptionally well located, this commercial investment demands your attention. Leased on a 5 year term to MIA Radiology with an additional 5 year option. Renewed in 2005, 2010 and 2015 this radiology clinic has been associated with 15 Langmore Lane since its inception back in 2001 when they occupied Suites 2 & 3.
LAND AREA
890m2
ZONING
Commercial 1
15 Langmore Lane, Berwick
Currently returning $156,773 pa + O/Gs, the three individual suites have been leased as one since 2005. Annual increases to 4% keep this property ticking over. 14 car parks on site at rear and within Berwick’s commercial heart you can not find a better positioned piece of real estate.
03
EXECUTIVE SUMMARY
Leased on a 5 year term to MIA Radiology with an additional 5 year option. Renewed in 2005, 2010 and 2015 this radiology clinic has been associated with 15 Langmore Lane since its inception back in 2001 when they occupied Suites 2 & 3.
LOCATION OVERVIEW
AUCTION
REIV AWARDS 2018 16
• Income of $156,773 pa + O/Gs
$156,773 pa + O/Gs
• 14 car parks on site • Terms: 10% deposit - balance 60/90 days
6 Clow Street, Dandenong VIC 3175 9793 4455 faceyindustrial.com.au
Mark Bond 0419 386 882
Colin Tarlamis 0400 344 070
mark@faceyindustrial.com.au
colin@faceyindustrial.com.au
Disclaimer All prices are GST Exclusive. All areas are approximate. Prospective Purchasers/Tenants should make their own enquiries to satisfy themselves of all aspects. This property report has been prepared by Facey Kendall O’Dea Pty Ltd – ACN: 053 469 757, trading as Facey Industrial Commercial solely for the information of potential purchasers/tenants to assist them in deciding whether they are sufficiently interested in the properties. The information does not constitute all or any part of an offer or Contract of Sale/Lease, and is intended as a guide only. The information contained in the report has been prepared in good faith by Facey Industrial Commercial and includes information provided by other sources. Facey Industrial Commercial advise that they have not checked or verified and make no representation of their accuracy.
Located in Berwick’s bustling retail and commercial sector, in close proximity to
15 Langmore Lane, bothBerwick High Street/Princes Highway and
LOCATION OVERVIEW
Princes Freeway (M1)
413m²
Currently returning $156,773 pa + GST &
BUILDING AREA O/Gs, the three individual suites have been 9793 4455 | faceyindustrial.com.au leased as one since 2005. Annual increases to 4% keep this property ticking over. 14 car parks on site at rear and within Berwick’s
Auction to be held Wednesday 6th December 2017, 11am on site. Calling for a 10% deposit with settlement 60/90 days.
INCOME
INFORMATION MEMORANDUM
Exceptionally well located, this commercial investment demands your attention.
commercial heart you can not find a better positioned piece of real estate.
2
2017, 11am on site. Calling for a 10% deposit with settlement 60/90 days.
AUCTION
4
11am on site Wednesday 6th December, 5 Terms: 10% Deposit - Balance 60/90 days
150m
3 INFORMATION MEMORANDUM 2. St John of God Hospital 190m
3. High Street/Princes Highway
240m
4. St. Margaret’s School
450m
5. Berwick Station
750m
6. Princes Freeway
1.6km
7. Casey Hospital
1.8km
6
12
7
• 890m² of Commercial 2 zoned land • Three suites leased as one tenancy • 5 year lease returning $156,773pa Terms 10% deposit, balance 60/90 days
MARK BOND 0419 386 882 COLIN TARLAMIS 0400 344 070
industrial.com.au
Trusted. Local. Experienced.
INFORMATION MEMORANDUM
BROCHURE
INFORMATION MEMORANDUM
COMPLIMENTARY
COMPLIMENTARY
Image is a representation only
Wednesday 6th December, 11am
Positioned for success
3
METHOD OF SALE
Auction to be held Wednesday 6th December
1. Coles Supermarket
1
Auction
413m²
ON SITE BOARD SPEND $623.70
9793 lalaSS Est. 1917
RESULTS 15 Langmore Lane, Berwick
15 LANGMORE LANE, BERWICK REIV AWARDS 2018 18
CAMPAIGN SUMMARY This corner allotment of 890m² zoned Commercial 1 provided the investor and the astute land banker with an opportunity to secure a strong income stream on a site earmarked for multi-level development. Our campaign comprised of a mix of traditional and new media advertising. It was targeted at an investor/developer that recognised the quality of the tenant, MIA Radiology, and the new Precinct Structure Plan for the area encouraging developments up to 5 levels. We had over 250 genuine enquiries from a number of sources online listings, eDM, social media (Facebook & LinkedIn), and traditional newspaper ads. The Facebook ads with 42 clicks to the website provided a reach of 8,575 people. A highly successful marketing campaign, resulting in 222 video views on YouTube, in excess of 80 click-throughs on our eDM , strong results online from Real Commercial with 1,892 views and 1,430 on Commercial View.
A SINGLE LEVEL OFFICE DEVELOPMENT ORIGINALLY WITH THREE INDIVIDUAL TENANTS HAS BEEN OCCUPIED BY WELL RENOWNED MEDICAL GROUP MIA. WITH APPROXIMATELY 2.5 YEARS TO GO ON THE 5 YEAR TERM THE 4.69% YIELD WAS A FANTASTIC RESULT FOR OUR VENDOR. - MARK BOND
15 LANGMORE LANE, BERWICK
THE RESULT
ADDRESS
AUCTION DATE SALE DATE SALE PRICE OVER RESERVE CAMPAIGN RESULT AGENTS
REIV AWARDS 2018 19
15 Langmore Lane, Berwick Wednesday 6th December 2017, 11am on site Sold at auction Wednesday 6th December, 2017
$3,175,000 $325,000 The hotly contested auction with attendance of 50 people saw bidding advance from $5,000 to $50,000 with 3 bidders pushing the property to $3,175,000, $325,000 above reserve. Mark Bond Colin Tarlamis
ENQUIRIES
BIDS
$325,000
281
30
ABOVE RESERVE
15 LANGMORE LANE, BERWICK REIV AWARDS 2018 20
CAMPAIGN TEAM
Mark Bond
Colin Tarlamis
Director 0419 386 882 mark@faceyindustrial.com.au
Associate Corporate Real Estate 0400 344 070 colin@faceyindustrial.com.au
Thank you for your consideration Facey Industrial Commercial continues to stay ahead of the sales game, evolving our campaigns so our clients’ get the most value for their asset by reaching the right audience. Video and social media advertising are now an essential part of each campaign and we have started to implement live streaming to our auctions, using multi-media to engage with an increasingly online market.
6 Clow Street Dandenong VIC 3175 9701 4455 faceyindustrial.com.au Disclaimer All prices are GST Exclusive. All areas are approximate. Prospective Purchasers/Tenants should make their own enquiries to satisfy themselves of all aspects. This property report has been prepared by Facey Kendall O’Dea Pty Ltd – ACN: 053 469 757, trading as Facey Industrial Commercial solely for the information of potential purchasers/tenants to assist them in deciding whether they are sufficiently interested in the properties. The information does not constitute all or any part of an offer or Contract of Sale/Lease, and is intended as a guide only. The information contained in the report has been prepared in good faith by Facey Industrial Commercial and includes information provided by other sources. Facey Industrial Commercial advise that they have not checked or verified and make no representation of their accuracy.