Information Memorandum - 155 Victa Road, East Bendigo

Page 1

155 VICTA ROAD EAST BENDIGO

INVICTA INDUSTRIAL ESTATE

LOT 26 LOT 25 LOT 23 LOT 24 LOT 15 LOT 13 LOT 17 LOT 12 LOT 16 LOT 4 LOT 9 LOT 6 LOT 11 LOT 3 LOT 8 LOT 5 LOT 10 LOT 2 LOT 7 LOT 19 LOT 22 LOT 14 LOT 18 LOT 20 INFORMATION MEMORANDUM | ii
A once in a generation industrial opportunity LOT 43 LOT 35 LOT 34 LOT 33 LOT 32 LOT 30 LOT 29 LOT 28 LOT 38 STAGE 2 COMPLETED LOT 46 LOT 42 LOT 44 LOT 45 LOT 36 LOT 37 LOT 41 LOT 39 LOT 40

EXECUTIVE SUMMARY

The upcoming industrial project in Bendigo East is poised to redefine the region and is a rare opportunity for businesses to establish themselves on the last remaining greenfield parcel of its size in the area. Don’t miss out on this unique chance to secure your place in the future of East Bendigo.

ADDRESS 155 Victa Road, East Bendigo

PROPERTY DESCRIPTION

Serviced Industrial Land Lots

NUMBER OF LOTS 33 allotments

LAND ZONING Industrial 1 zoning

LOT SIZE OPTIONS

ESTIMATED CONSTRUCTION COMMENCEMENT

ESTIMATED COMPLETION

EXCLUSIVE SELLING AGENTS

2,040m 2 – 32,000m 2

Q4, 2023

Q1, 2025

TRAVIS HURST 0423 388 932

Travis.Hurst@colliers.com

ADELE FOOTT 0447 518 850 adele.foott@colliers.com

PROUDLY DEVELOPED BY

DANIEL PHILIP 0439 977 121

Daniel.Philip@cva.melbourne

JOHN NOCKLES 0404 530 393

John.Nockles@cva.melbourne

www.hickory.com.au

INFORMATION MEMORANDUM | iv
“East

Bendigo’s last Greenfield industrial precinct of its scale, set to redefine the region.”

& Example Development Opportunity Only
Artist Impression

Step into the future of industrial growth and expansion with Invicta Industrial Estate, the ultimate destination for businesses seeking to flourish in Greater Bendigo. With its unparalleled accessibility and modern amenities, Invicta offers a golden opportunity to be at the forefront of Bendigo’s industrial evolution.”

INFORMATION MEMORANDUM | vi

INVESTMENT HIGHLIGHTS

23HA SERVICED industrial precinct

CUSTOMISED development opportunity

FLEXIBLE allotment sizes

B-DOUBLE TRUCK access

Allotments with DUAL STREET FRONTAGES

ACCESS TO SERVICES

Lots with connections to power, water, sewerage, gas, drainage and communications (NBN Ready)

SITE PLAN SOLD 70% SOLD ALREADY YOURSSECURENOW 1 7,709m 2 21 4ha 35 7,171m 2 34 9,879m 2 32 6,546m 2 24 2,330m 2 23 5,164m 2 2 4,643m 2 3 2,210m 2 8 2,040m 2 4 2,210m 2 5 2,210m 2 12 2,210m 2 14 2,210m 2 18 2,040m 2 15 2,210m 2 19 2,040m 2 22 2,446m 2 20 2,255m 2 7 4,292m 2 25 1,133ha 26 1,070ha VICTA ROAD ARBOR BOULEVARD STAGE 2 - COMPLETE STAGE 1 - COMPLETE 28 6,000m 2 29 6,000m 2 30 6,000m 2 10 2,040m 2 11 2,040m 2 16 2,040m 2 13 2,210m 2 17 2,040m 2 9 2,040m 2 36 3,210m 2 37 3,210m 2 38 6,507m 2 41 3,432m 2 39 2,191m 2 40 2,190m 2 42 3,654m 2 43 3,452m 2 44 2,000m 2 45 2,000m 2 46 1.312ha MARSILEA COURT 6 2,210m 2 33 6,950m 2 AVAILABLE INFORMATION MEMORANDUM | viii

LOTS AVAILABLE “A collection of 33 land lots within Bendigo East, ranging from 2,000sqm to 32,000sqm.”

LOT NO. SIZE ASKING/SALE PRICE 1 7709m 2 Sold 2 4643m 2 Sold 3 2210m 2 Sold 4 2210m 2 Sold 5 2210m 2 Sold 6 2210m 2 $884,000.00 7 4241m 2 $ 1,696,400.00 8 2040m 2 Sold 9 2040m 2 Sold 10 2040m 2 Sold 11 2040m 2 Sold 12 2210m 2 Sold 13 2210m 2 Sold 14 2210m 2 Sold 15 2210m 2 Sold 16 2040m 2 $856,800.00 17 2040m 2 Sold 18 2040m 2 Sold 19 2040m 2 Sold 20 2256m 2 Sold 21 2040m 2 Sold 22 2246m 2 Sold 23 5164m 2 $1,291,000.00 24 2330m 2 Sold 25 11,270m 2 $3,155,600.00 26 10,700m 2 $2,996,000.00 28 5694m 2 Sold 29 6000m 2 Sold 30 6000m 2 Sold 32 6546m 2 Sold 33 6951m 2 Sold 34 9879m 2 $2,963,700.00 35 7171m 2 $1,972,025.00 36 3,210m 2 $1,219,800.00 37 3,210m 2 $1,219,800.00 38 6,507m 2 $2,407,590.00 39 2,191m 2 $854,490.00 40 2,191m 2 $876,400.00 41 3,432m 2 $1,372,800.00 42 3,652m 2 $1,388,520.00 43 3,452m 2 $1,311,760.00 44 2,000m 2 $800,000.00 45 2,000m 2 $800,000.00 46 13,120m 2 $3,542,400.00

GREATER BENDIGO

CALDER FWY

“As one of Victoria’s major regional hubs, Bendigo is well connected to major arterial roads, providing buyers with direct access to Melbourne. The site is within the Bendigo Regional Employment Precinct allowing seamless transition for new and existing businesses looking to expand or relocate to Greater Bendigo.”

GREATER MELBOURNE LOCATION

INFORMATION MEMORANDUM | x

GREATER MELBOURNE

HIGH DEMAND AND LIMITED SUPPLY

“With limited supply of industrial land, the median sale price in East Bendigo is rising fast, growing by some 24% over the 5 years to 2022”

“Of the 566,000m2 of industrial land and buildings, Bendigo currently has a 0.6% vacancy on a square metre basis.”

Median VALUE Growth, Industrial Sales, East Bendigo, 2018-2022 24% SMALL LOTS 0.5 Hectares or Smaller 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 FORECAST INDUSTRIAL LOTS REMAINING PER YEAR BY SIZE IN BENDIGO 90 84 75 65 55 46 36 27 17 8 MEDIUM LOTS Between 0.5 and 1 Hectare 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 17 15 12 7 4 1 Sale Growth Line Sale Growth Line INFORMATION MEMORANDUM | xii

Source: Remplan, 2023

INDUSTRIAL LAND SUPPLY IN EAST BENDIGO 2023
Between 1 and 5 Hectrares 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 8 8 5 2 1 VERY LARGE 5 Hectares or larger 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 7 7 6 5 5 4 3 27 B-Double Routes Occupied Railway Available Urban Growth Boundary Not Available DEVELOPMENT STATUS Sale Growth Line Sale Growth Line
LARGE LOTS

LOCAL ECONOMY

“Greater Bendigo is experiencing unprecedented economic growth, with continued appetite for businesses to upscale in a regional location close to the Melbourne CBD.”

GREATER BENDIGO 2021

121,221

55,242

TOP INDUSTRIES FOR POTENTIAL BUSINESS OPPORTUNITY AT INVICTA ESTATE

Source: Remplan

POPULATION 7.5% increase from 2016 11.5% increase from 2016 24% increase from 2016 JOBS GROSS REGIONAL PRODUCT
Source: Remplan, 2021 Census Data
$8.15B
INDUSTRY SECTOR DOLLARS Manufacturing $3,101,370 Construction $2,427,548 Rental, Hiring & Real Estate Services $1,360,749 Public Administration & Safety $783,506 Electricity, Gas, Water & Waste Services $687,140 Retail Trade $645,207 Transport, Postal & Warehousing $521,649 Accommodation & Food Services $391,750 Wholesale Trade $321,864 Other Services $299,892 INFORMATION MEMORANDUM | xiv

INVESTMENT OPPORTUNITY

Invicta Estate offers a great investment opportunity for local and metro buyers in Greater Bendigo region.

Greater Bendigo has an economic development strategy for sustainable businesses, job creation, improved health and education, and climate change adaptation.

The State Government strongly supports the Greater Bendigo 2030 action plan for sustained growth, diversified economy, and high-quality lifestyle.

Greater Bendigo has strong population growth, rising GDP, consistent job growth, and low unemployment for continued prosperity.

The post-pandemic resurgence and government investment of nearly $400m have boosted private sector development in the region.

The Estate’s flexible Industrial 1 zoning presents enormous opportunities for personal and local investment, driving the region’s growth and becoming a highly liveable and workable city.

investment opportunity to create a new destination for their

Logistics Factory Manufacturing Industry Food Industry (Storage & Distribution)
INFORMATION MEMORANDUM | xvi
Service Station
their
Warehouse & Storage Facility Automated Collection Point (Materials Recycling) Shipping Container Storage
Example Development Opportunity Only
Offices (Permit Required) Artist Impression &

SALE PROCESS

SALE METHOD

VIA PRIVATE EXPRESSION OF INTEREST

SETTLEMENT

FROM REGISTRATION OF LOTS ON TITLE

EXCLUSIVE SELLING AGENTS

TRAVIS HURST 0423 388 932

Travis.Hurst@colliers.com

ADELE FOOTT 0447 518 850

adele.foott@colliers.com

DANIEL PHILIP 0439 977 121

Daniel.Philip@cva.melbourne

JOHN NOCKLES 0404 530 393

John.Nockles@cva.melbourne

INFORMATION MEMORANDUM | xviii
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