THERE’S MORE TO MORETON BAY INVESTMENT PROSPECTUS
Our Regional Economic Development Strategy (REDS) harnesses the strength of our past and the unlimited opportunity to deliver a bigger, bolder and brighter future. So, if you have an appetite for growth and new opportunities and are community minded, we will work with you every step of the way to ensure Moreton Bay takes your business to new heights. Our world is changed by those who seek more. A brighter future is built by those who create more. If you want to build more, make more, grow more and know more, we are poised to help you make more happen. We are Moreton Bay. We are more. Together we are #TeamMoretonBay.
POWERED BY UNRIVALLED GROWTH AND UNLIMITED POTENTIAL
Moreton Bay has a growing economic foundation thanks to the success of our traditional industries and opportunities born from being one of the fastest growing business ecosystems in Australia. We are proudly home to more than 29,000 businesses, including international leaders in their fields. We are committed to their growth, resilience and innovation. We are hands-on in providing practical support that readily impacts their success.
As Australia’s third largest Council, we offer the space, talented workforce, and natural resources that other business capitals can only dream of.
Moreton Bay has a reputation for exceeding expectations. This is in no small part thanks to the dedication of the network of talented business leaders that call Moreton Bay home. Every member of our team is united by the single-minded focus to generate investment to support the jobs of the future.
Invest Moreton Bay Prospectus2
We have been Australia’s engine room for a long time. Now, our vision of economic reinvention sees Moreton Bay becoming a sophisticated player in the global business and investment arena. Our natural resources are bolstered by sustainability-building developments. New sporting facilities will see us host events on the international stage at the 2032 Olympics. Our industrial and innovation precincts enable business transformation. Our quality housing and coveted lifestyle offerings transform weekends into adventures.
PETER FLANNERY Mayor, Moreton Bay Regional Council
investmoretonbay.com.au 3 Moreton Bay Regional Council respectfully acknowledges the Jinibara, Kabi Kabi and Turrbal Traditional Custodians of the lands and waterways across the region. We extend our respect to all the Elders past, present and emerging for they hold the histories, the traditions, the cultures and the hopes of Australia’s First Peoples. ACKNOWLEDGEMENT OF COUNTRY CONTENTS MAYOR’S FOREWORD 2 A BRIGHTER FUTURE 4 MORETON BAY INVESTMENT SNAPSHOT................................................... 6 MORE OF AUSTRALIA’S FINEST ......................................................................8 STATE OF GROWTH ......................................................................................... 10 THERE’S MORE TO MORETON BAY 12 MORE SAVINGS 14 MORE LIVEABLE 16 MORE FUTURE, RIGHT NOW 20 REGION-BUILDING PROJECTS 22 MORE TO INVEST IN ....................................................................................... 26 MAJOR INDUSTRIAL, COMMERCIAL AND RETAIL LOCATIONS ...........27 $40 BILLION GROWTH MAP ........................................................................ 30 MORE PRIORITY INDUSTRIES 32 ADVANCED MANUFACTURING 34 FOOD AND AGRIBUSINESS 36 TOURISM, SPORT AND MAJOR EVENTS 38 KNOWLEDGE, INNOVATION AND ENTREPRENEURSHIP 42 MORE SUPPORT .............................................................................................. 46 JOIN #TEAMMORETONBAY ......................................................................... 48 CONTACT ........................................................................................................... 49
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The Moreton Bay Region is a business ecosystem with more of the assets needed to transform enterprises into global leaders. Moreton Bay has a well-earned reputation for exceeding investor expectations in every priority area. The region’s economic outcomes and growth outperform other South East Queensland locations, growing at an average of 3% every year (2006-2020).1 Its economy is predicted to hit $40 billion by 2041, equal to the entire state of Tasmania plus the Pacific Island countries of Fiji, Solomon Islands, Vanuatu and Samoa.
BIGGER. Double the economy to $40B in next 20 years. Population to grow from 480,000 to 700,000 people.
BRIGHTER.BOLDER. Build a highly skilled workforce to fill 100,000 new jobs and 16,000 new businesses. Become one of the top 10 regional knowledge and innovation hubs in Australia.
InvestFUTURE.BRIGHTERAMoretonBayProspectus4 1 NEIR
It boasts more growth catalysts and a Council team that actively works to break down barriers to advancement. More vision. More growth. We are more. (2021). ABS (2021).
Region-building investments, space to grow, a culture of collaboration, an abundant skilled workforce, an enviable lifestyle and diverse markets converge in one unparalleled location offering so much more.
• Industrial areas are mainly focused along the Bruce Highway including Brendale, North Lakes, Narangba, Burpengary and Elimbah East and in specific precincts in Clontarf, The Hills District, and Caboolture.
• Food and agribusiness is a priority industry and occupies much of the region’s northern section, including Wamuran, Elimbah, Caboolture, Burpengary and the pristine coastal waters of our bay for fresh seafood.
• Tourism activities are associated with Redcliffe, the peninsula and Bribie Island, as well as the hinterland villages of Samford, Dayboro and Woodford. National parks frame the region, including D’Aguilar National Park, Bribie Island National Park and Moreton Island National Park.
Moreton Bay’s economy reflects its diverse landscape, with various specialised precincts across the region:
Its close proximity to the State’s capital, Brisbane, provides all the infrastructure, services, employment and business opportunities of a major Australian capital city. The Bruce Highway offers easy access to domestic markets, with a significant consumer and workforce population of 479,639 local residents and 3,625,230 residents within a two hour drive.2 More markets at your fingertips. More urban infrastructure without the big city price tag, and less commuting provides more time to enjoy a better lifestyle.
The Bruce Highway provides direct access to Brisbane Airport (BNE) in a 20 minute drive and Port of Brisbane in a 30 minute drive, plus access to Brisbane’s CBD in under half an hour via Queensland Rail.
investmoretonbay.com.au 5 MORETONREGIONBAY Brisbane
• Residential neighbourhoods provide affordable living in Moreton Bay’s south which is rapidly growing across the breadth of the region.
Invest Moreton Bay Prospectus6 MORETON INVESTMENTBAYSNAPSHOT Land area 2,045km2 Roads 3,684km Environmental reserves 5,272ha Proximity to Brisbane CBD 20-44km OUR REGION COMMUNITYECONOMY 479,639 38 21% 44% 57% $17.72B 139,819 222,241 29,090populationcurrent$5.5B+3agemedian(years)4 underpopulation155 couples with children6 personsqualified7 more visitorsannualthan Noosa2X FAST FACTS largest number of residential dwellings3RD fastest Australiangrowingregion5TH largest LGA in Australia3RD Gross ProductRegional(GRP)8 jobslocal9 residentsemployed10 businesseslocal11 exports12 3 ABS (2020). 4 QGSO (2021). 5 QGSO (2021). 6 QGSO (2021). 7 QGSO (2021). 8 NIEIR (2020). 9 NIEIR (2020). 10 NIEIR (2020). 11 ABS (2020). 12 RDA (2019)
investmoretonbay.com.au 7 WHO SHOULD INVEST? The Moreton Bay Region has a unique set of strengths and capabilities that are ideal for business growth, now and into the future. Entrepreneurs, investors and business owners are welcomed to investigate the diverse mix of property, infrastructure and business development opportunities across the region. ARE YOU A… LOOKING FOR AN OPPORTUNITY TO… Fund manager Increase capital investment in infrastructure or commercial properties Entrepreneur Establish a startup enterprise in a pro-business landscape and collaborative ecosystem Private or government Relocate to a high-growth region with lower operating costs Businesscorporationsdeveloper Diversify a business portfolio in a growth market Local investor Build equity in existing or new ventures Existing business owner Expand business operations in future-proofed industrial hubs built to accommodate a diverse range of industries WHERE TO INVEST? Moreton Bay offers investment opportunities across the whole region and in a range of industries. Council will prioritise these four industries in its 20-year plan that will see the region become bigger, bolder and brighter: MANUFACTURINGADVANCED FOOD AGRIBUSINESSAND KNOWLEDGE, INNOVATION AND ENTREPRENEURSHIP TOURISM, SPORT AND MAJOR EVENTS MORETON ISLAND
More than 25 years of consecutive annual economic growth has seen Australia rated AAA by all three global rating agencies. It is set to become the world’s 12th largest economy out of 130 countries.13 Even in the face of the COVID-19 global pandemic, Australia continues to perform. In fact, the country was named one of the top 10 places to invest in the post-COVID Characterisedclimate.14byhigh productivity levels, Australia is forecast to realise an average annual real GDP growth of 2.9% over the next five years.15 WORLDWIDE GDP GROWTH COMPARISON 16 Average GDP growth 2006-2019 (%) Australia 2.73 New Zealand 2.40 Canada 2.20 United States 1.77 Germany 1.53 United Kingdom 1.38 France 1.15 Japan 0.67 In today’s unique global business climate, sustainable business requires more. More safety. More security. More flexibility to adapt to changing environments. 3.70MORETON BAY OFMOREAUSTRALIA’S FINEST Invest Moreton Bay Prospectus8 13 Austrade (2019). 14 CEOWORLD Magazine (2021). 15 Austrade (2019). 16 World Bank (2020), NEIR (2021). Dubai London
London to Brisbane 22hrs 10mins Hong Kong to Brisbane 9hrs 10mins Singapore to Brisbane 7hrs 35mins Christchurch to Brisbane 3hrs 55mins Sydney to Brisbane 1hr 30mins Tokyo to Brisbane 13hrs 5mins Jakarta to Brisbane 11hrs 15mins Auckland to Brisbane 3hrs 40mins Melbourne to Brisbane 2hrs 20mins Dubai to Brisbane 13hrs 50mins TRAVEL TIME investmoretonbay.com.au 9 Singapore Tokyo Christchurch Jakarta Auckland AngelesLos MelbourneSydney BRISBANE
GROWTHOFSTATE
In Australia’s sunny north-east, Queensland provides exceptional business performance, stability and costsavings, set amongst the world’s most enviable lifestyles. Located within this growing state is Moreton Bay.
Queensland is the second largest state in Australia in land size and the third most populated, bolstered by an enviable climate and lifestyle, powerful economy and lower cost of living. Capitalising on its close proximity and transport infrastructure connecting it to interstate and international markets, the Queensland Government consistently creates a pro-business ecosystem for sustainable, solid growth. Its economy is Australia’s fastest growing at 3%.17 With more than $50 billion in major project investments proposed between 2019 and 2024, Queensland is much more than the sunshine state.18 POSITIONING FOR THE FUTURE In a post-COVID landscape, Queensland’s economy has bounced back quicker than the rest. With an influx of 30,000 people in 2020, it’s by far the most popular destination for migrating Australians. It leads the nation with more jobs recovered and created than any other state. It builds on its strong economic recovery by reducing costs for business and driving multi-million dollar investments in productivity-enhancing infrastructure, skills and Queenslandinnovation.istheplace to live, visit, invest and do business.
Invest Moreton Bay Prospectus10 17 Queensland Government (2020). 18 QLDMPP (2020). 19 ABS (2021). 20 ABS (2019). 21 Queensland Government (2021). 22 QGSO (2021).
FAST FACTS goods exported in 2018-19 universitiesinternationalairports $87.3B 116 Australia’s fastest retail trade growth 6.2% Subtropicalclimate • Capital city: Brisbane • Queensland time zone: GMT +10:00 – 2 hours behind Singapore and other Asian capital cities • Subtropical climate: Summer: 20 to 29°C. Winter: 9 to 22°C • Coastline: 6,973km • Total area: 1.734 million km2 • Queensland population: 5.18 million and expected to be 10.47 million by 206619 (growing faster than the nation at 1.6%) • International airports: Brisbane, Cairns, Townsville, Toowoomba, Gold Coast and Sunshine Coast • $87.3 billion goods exported in 2018-19, more than New South Wales, Victoria and Tasmania combined20 • Home to 11 universities including the University of Queensland, one of the world’s top 50 universities, and Queensland University of Technology • 253,200 new jobs since March 202021 • Retail trade up 6.2% fastest growth in the nation22 investmoretonbay.com.au 11WOODFORD FOLK FESTIVAL
The Moreton Bay Region is a diversified high growth economy offering businesses more. More innovation. More space. More collaboration. More support to think bigger, be bolder and build brighter. We are Moreton Bay. We are more.
Moreton Bay is home to more businesses with a $2 million or more turnover than in New South Wales’ northern beaches, Parramatta, Sunshine Coast and Gold Coast.23 The combined annual sales of businesses within the region is $27.5 billion, higher than Hobart, Adelaide, North Sydney and Darwin.24
Projected growth26 THERE’S MORE MORETONTO BAY Invest Moreton Bay Prospectus12 479,639$17.72B2021139,81629,090GSTJobsPopulationEconomyregistered businesses
23 NIEIR (2021).
The region draws people with clear-thinking creativity and inspires higher productivity rates thanks to its combination of metropolitan offerings and natural lifestyle assets. A current labour force of 241,000 (2021) is set to expand alongside a population that is growing at 2.7% (2006-20), faster than the national average.25 Moreton Bay is the home of industry innovators, global leaders, and world changers. They are the business leaders who have capitalised on bold investment options to grow bigger and build brighter futures. They found more. They became more. 700,000$40B2041240,00045,000 24 (2021). 25 ABS (2021). 26 ABS (2020); QGSO (2020); Lucid Economics (2020). 27 ABS (2020)
NIEIR
Access to national and international markets through easy road, rail and airport infrastructure in Brisbane.
Five major innovation, tourism, maritime, agriculture and transport projects to increase high-value jobs and facilitate exports and investment.
MORE SIZE AND SPACE MORE LIVEABLE MORE PEOPLE POWER MORE ACCESS TO MARKETS MORE FOR A BRIGHTER FUTURE MORE ECONOMICinvestmoretonbayCREDENTIALS.com.au 13BRENDALE & STRATHPINE
A prosperous economy that is already half the size of the state of Tasmania, and similar in size to some South East Asian nations. Access to more than 1 million workers within a 30 minute drive, and 79,100 workers with an advanced diploma or other advanced degree.27
Affordable living, a natural playground of beaches, bays and hinterland, city-style entertainment and 300 days of sunshine a year.
A large, diverse region with 6 established business precincts and 10 new growth areas designed for businesses of the future.
with the lowest taxes and charges: SAVINGSMORE Invest Moreton Bay Prospectus14 State taxes29 QLD NSW VIC Transfer duty on land 5.75% 7% 6.5% Landholder duty on acquisition 5.75% 5.5% 6.5% of land or fixed assets Foreigner purchaser duty 7% 8% 8% Fixed assets 0 0 6.5% Economic entitlements 0 0 6.5% 28 ABS (2016). 29 Grant Thornton (2021). 30 Real Commercial (2021); Savills (2021). 31 Real Commercial (2021); Savills (2021). 32 ABS (2016). 33 Worksafe Queensland (2020); Worksafe Victoria (2020); icare (2021). 34 Canstar (2021).
the
taxes, Queensland stands
Moreton Bay is bigger. Its sheer size offers incredible diversity and room to grow. Moreton Bay is bolder. Moreton Bay offers more ... for less. The region provides incredible capital city capacities, infrastructure, logistics and lifestyle assets without the expense of a big city location. Moreton Bay businesses benefit from a lower turnover of staff through access to a long-term workforce. There are more than 110,000 family households in the region, representing 75% of all households.28 This is complimented by the low cost of personal real estate and living expenses, helping drive population growth and increase quality of life. Operational cost savings afford investors an incredible opportunity to invest in innovation and growth. a country with already comparatively low out as state
In
Industrial land costs30 Payroll tax33 Commercial office rental31 Median income per week32 $200m2 4.75-4.95%$300m2 $652 MORETONBAY MORETONBAYMORETONBAY MORETONBAY $1,166m2 4.85% SYDNEY SYDNEY $740m2 4.85% MELBOURNE MELBOURNE $575m2 4.75-4.95% BRISBANE BRISBANE LAND COSTS WELL BELOW OTHER CITIES LOW BASIC FLAT PAYROLL TAX OFFICE RENTAL WELL BELOW OTHER CITIES LOWER LABOUR COSTS THAN OTHER CITIES $1,100m2SYDNEY MELBOURNE$640m2$585m2BRISBANE Average electricity use rates (cents/KWh)34 MORETON20.62BAY SYDNEY24.41SYDNEY$1,062MELBOURNE21.73MELBOURNE$67320.62BRISBANEBRISBANE$660LOWERCOSTSELECTRICITY Operational cost savings could be the catalyst to creating an industry business.leading investmoretonbay.com.au 15PIÑATA FARMS Note: Prices are indicative only and current as at April 2021.
Moreton Bay is a union of education, health, sport and recreation, and affordable living. For investors, a positive lifestyle equates to a greater ability to attract the finest talent, increase employee morale, improve productivity and boost staff retention.
Urban hubs, peaceful seaside towns and picturesque hinterland villages unite under 300 days of sunny skies and a mean annual temperature of 23.4 degrees Celsius. These lifestyle assets create increased wellbeing. More happiness. More results. More liveability.
Moreton Bay was named the healthiest region in Greater Brisbane; it is home to the top three healthy living suburbs of Ferny Hills, North Lakes and Woody Point.35 The region is served by a suite of health specialists, and a $395 million Caboolture Hospital upgrade will ensure facilities continue to meet residents’ needs. While a collection of worldclass education facilities create lifelong learning opportunities and an innovation culture.
The Moreton Bay Region is home to five of the state’s best performing schools; Samford Valley Steiner School, St Paul’s School, The Lakes College, St Patrick’s College and Grace Lutheran College were named in the list of Queensland’s top 100 high schools.36 DID YOU KNOW Domain (2018). 36 Better Education (2021). NEWEST UNIVERSITY CAMPUS
SCHOOLS109 AUSTRALIA’S
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HOSPITALS8 3 NEWHOSPITALSSATELLITE2 FACILITIESTAFE
LIVEABLEMORE Invest Moreton Bay Prospectus16
HEALTHY LIVING ESSENTIALS
investmoretonbay.com.au 17 AWARD-WINNING THE MILL WATER PARK Parks and Leisure Australia 2021 Queensland Region Excellence Awards - Playspace Award for a facility over $500,000 FAST FACTS EPIC WEEKEND ESSENTIALS Moreton Bay is framed by a patchwork of mountain ranges, coastlines and pristine waters, with the region’s diverse natural landscape attracting residents, investors and tourists, alike. A world-class events calendar creates show-stopping weekends, while playgrounds and an abundance of sporting facilities and clubs keep every member of the family active. THE MILL WATER PARK 294KM OF COASTLINE WITH 16 BEACHES 230 PARKS & SPORTING FACILITIES 400KM INFRASTRUCTURECYCLING 14.2% CONSERVATIONNATURELAND330KM2 OF NATIONAL PARKS
To enquire visit northharbour.com.au Central Springs offers convenient living at its finest
It offers convenient living at its finest with the Central Lakes Shopping Village, major transport hubs and quality schools right on your doorstep.
To enquire visit qm.com.au
The cost of our day-to-day lives impacts stress levels, and ultimately, our happiness.
The 785ha, $2.7 billion master planned development will include a residential village of 4,700 home sites and 420ha of open community spaces. This growth hub offers incredible opportunities for property investors, as well as tourism and marine operators.
AFFORDABLE LIVING
While Moreton Bay’s real estate market is the second strongest in the country, affordable living is still readily available thanks to various new developments. You won’t struggle to attract workers here due to limited housing availability. Moreton Bay has the largest registration of new residential lots in South East MoretonQueensland.Bay was named one of the top 10 places for property investment in Australia in 2021.37 Median rental costs are $415 per week, significantly lower than the Australian average of $471.38 Median house prices are $510,000, almost half the Australian average and up to $1 million lower than some capital cities.39
Live, work and play in North Harbour’s tourism hub
The largest approved master planned community in Caboolture will cover 160ha of land, featuring over 1,000 home sites close to green spaces and recreation areas, plus two $1 million playgrounds and a 5ha lake.
Invest Moreton Bay Prospectus18 MERCURE CLEAR MOUNTAIN LODGE 37 Hotspotting (2021). 38 Domain (2021). 39 Domain (2021).
By 2035, North Harbour will be a world-class recreation and tourism destination that also offers local professionals modern and innovative community living.
investmoretonbay.com.au 19
DID YOU KNOW LOCALS RENAME CITY
Roughly 50 minutes’ drive from Brisbane and just 5km west of Caboolture, the new development has already attracted multiple national property companies including Stockland, AV Jennings, AVID, Bellmere, Brookfield, Coels, Baycrown and Villa World.
Locals have been given the chance to rename the monster $9.5 billion satellite city, with Council set to engage existing and surrounding landowners, residents and other stakeholders to find a name that reflects the region’s rich history and sets the tone for its identity.
For investment and development enquiries visit peakurban.com.au
A 40-year vision that will ultimately become a major regional urban centre with up to 30,000 new dwellings, close to 70,000 residents and 17,000 new jobs.
Set to be larger than major regional communities such as Mackay, Caboolture West is a strategically planned infrastructure development that will ensure housing and facility demand meets the growing needs of South East Queensland’s population boom.
Caboolture West will feature a town centre, three high schools, nine primary schools, a TAFE facility and a private hospital.
CABOOLTURE WEST SET TO BE NEW MEGACITY BUILT FROM SCRATCH
Master planned communities of this kind offer 30% to 42% more open space than inner city living, and 10 to 20 times the open space per capita.
48% 14% 24% Invest Moreton Bay Prospectus20
Moreton Bay boasts a growth and innovation-based business landscape with well-developed infrastructure, offering more opportunities than other metropolitan and regional areas. However, more is yet to come. Multi-billion dollar region-building projects across the tech, education, tourism, maritime, agriculture and transport sectors are creating growth momentum that is undeniable and leading the region’s transformation.
FUTUREMORE FAST FACTS hold a degreebachelor’sorhigherqualification
Moreton Bay Regional Council’s Economic Development Strategy (REDS) will systematically empower key emerging industries with cutting edge education facilities, collaborative innovation hubs, and logistic and access infrastructure that will streamline processes and reduce costs. More education. More innovation. More collaboration. We are more. hold qualificationvocationalaqualificationshaspopulationformal
RIGHT NOW Strategic infrastructure pushes education, innovation, collaboration, growth for businesses and this boundless region.
of
investmoretonbay.com.au 21 “We currently have about $150 million worth of developments in the Moreton Bay Region. It’s a great time now, it’s a growing region, it’s not capped out. We’ve got some really untapped markets that are continuing to grow.”
Director,
Rob Comiskey Comiskey
Group SANDSTONE POINT HOLIDAY RESORT
-BryanFinney,NorthHarbourProjectDirector
North Harbour has strongly backed Council’s initiative to build a $40 billion economy and generate 100,000 jobs in the next 20 years. It will be responsible for 9% of the region’s projected jobs growth target by 2041.
The multi-million dollar water and sustainability project will secure water supply for the rapid growth of the Moreton Bay Region, decrease the environmental impact of effluent, and create incredible growth opportunities for food and agribusiness investors. It is expected to provide irrigation for 2,500ha with the supply of 2.9GL of reliable, climate-independent Class A recycled water every year to local farmers, enough to fill 1,160 Olympic sized swimming pools. It is set to support $100 million in gross agriculture value, boosting the production of local agriproducts, namely berries, melons and grapes, which traditionally rely on water from private dams and local creeks. It will also reduce effluent and nutrient volumes that are discharged into the South Caboolture River.
North Harbour is a comprehensive community and marine development that is set to make Moreton Bay the maritime capital of Australia, while injecting more than 7,735 jobs in the next two decades.
An incredible opportunity for tourism, marine and property investors, North Harbour will feature a 400-berth marina, 46ha mixed industry and business area, marina village, 4,700 residential homes and 420ha of green space.
PROJECTED JOB NUMBERS Mixed industry and business (incl. marine industry) 1,833 Retail showrooms 455 Suburban offices 333 Specialty stores 283 Supermarket 235 Teachers and childcare 166 Tavern and club 134 Food and beverage 101 Retirement and aged care 100 Dry boat stacker and hardstand operations 72 Indoor sports 69 Short-term accommodation 54 Medical centre 38 “We’re
A new world-class lifestyle and tourism destination, North Harbour will contribute $882 million to the Queensland economy, with 90% directly injected into the Moreton Bay Region. relishing the opportunity to play a major role in shaping the prosperity of the Moreton Bay Region for decades to come.”
TOURISM HUB TO GENERATE THOUSANDS OF NEW JOBS NORTH CLIMATE-INDEPENDENTHARBOUR WATER PRODUCTION BOOST WAMURAN IRRIGATION SCHEME Invest Moreton Bay Prospectus22 To enquire visit northharbourmarina.com.au
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investmoretonbay.com.au
More than $400,000 of investment into developing a master plan for the already significant Scarborough Harbour will reactivate the precinct and create dramatic opportunities for eco-tourism and maritime industries.
Combined with plans for a barge between Moreton Island and Redcliffe Peninsula, the region has the potential to become a hub for Australia’s $74 billion marine industry.
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Funded by the Queensland Government, industry groups anticipate the strategic plan will investigate the potential of new hotels, ocean baths, maritime museums, community buildings, ocean and wildlife research centres, ferry terminals and boat building facilities.
The Honourable Yvette D’ath MP,Minister for Health and Ambulance Services,Member of Redcliffe
The terminal is part of the South East Queensland Regional Plan that recognises the importance of the northern rail freight corridor and includes a future intermodal facility north of Caboolture.
“A master plan for the harbour could lay the foundations for a range of new and exciting opportunities to secure the economic prosperity of our community for generations to come.”
NEW AUSTRALIAN MARINE INDUSTRY EPICENTRE SCARBOROUGH HARBOUR MASTER PLAN SCARBOROUGH HARBOUR
SEQ
The Port of Brisbane already offers incredible market access and operational cost efficiencies, thanks to its location within a 30 minute drive from Moreton Bay. This freight terminal project will create jobs in relation to both construction and operation, as well as act as a catalyst for commercial and industrial growth.
TAKING MARKET ACCESS TO THE NEXT LEVEL NORTHERN FREIGHT TERMINAL
Community engagement is already under way to ensure the harbour remains a vibrant precinct for business and recreation.
To enquire visit millatmoretonbay.com.au the region’s vision of a brighter future, The Mill at Moreton Bay is a landmark destination emerging just 30 minutes from Brisbane’s CBD and airport, and 35 minutes to the spectacular D’Aguilar mountain range and stunning Moreton Bay ocean shores. OF SOUTH EAST LANDMARK DESTINATION
QUEENSLAND’S
Establishing the foundations for future growth, various investments and economic drivers within The Mill have already been delivered, including the University of Sunshine Coast (USC) Moreton Bay campus, parkland, streetscape and recreational facilities, and road and rail infrastructure.
THE MILL AT MORETON BAY DID YOU KNOW THE EMERGENCE
In only two years of operation, USC Moreton Bay has already welcomed 3,000 students to the campusfar exceeding its goal of 2,400 enrolments. By 2030, this campus will be home to 10,000 students across 100 programs.
Positioned on a 460ha greenfield site, Council’s The Mill at Moreton Bay priority development area will deliver 65ha of sustainable, mixed-use space for large scale developments in a medium-density urban community. The project is fuelled by a vision to deliver an inclusive and transformative community in a sustainable inner-city setting.
An epitome of Moreton Bay’s enviable lifestyle, The Mill will offer residents employment opportunities and services within short commutes from home, creating more leisure opportunities to relax amongst natural surroundings. These lifestyle benefits will be complemented by a bustling hub of lakeside festivals and markets, and laneways lined with restaurants, shops and gyms.
The Mill at Moreton Bay is set to stimulate $813 million for the regional economy annually and generate 8,600 jobs. Exceptional investment opportunities in health, education, tourism, entertainment and sport, high-tech advanced manufacturing, smart city infrastructure, arts and culture, commerce, retail, and medium to high-density accommodation are being offered to investors, businesses and entrepreneurs.
Invest Moreton Bay Prospectus24 Exemplifying
OPPORTUNITIESDELIVERSWORLD-CLASSBAYCAMPUSPRIME
AUSTRALIA’S NEXT SMART CITY
As one of Australia’s best performing universities for student experience, USC Moreton Bay has consistently enjoyed strong student enrolment numbers from across the region, tapping into the latent demand for a quality local tertiary education provider.
The award-winning, three-level foundation building has been fitted out with state-of-the-art technology to support teaching, learning and research in key growth areas such as health, engineering, robotics and the sciences.
USC Moreton Bay is growing every year by expanding its industry partnerships, research opportunities, and study programs offered within a lively, thriving campus.
Every aspect of The Mill has been thoughtfully designed to embrace change and evolve with the region’s residents. It will feature more than 120 sleekly designed service nodes, including 52 SMART.NODEsTM, 71 LITE.NODEsTM and 4 TOWER.NODEsTM, to revolutionise over-congested streetscapes and collect essential information about usage and movement. This allows Council to proactively understand how to serve its community better. This smart city initiative will be delivered by leading Australian smart city innovator ENE.HUB, who worked closely with Council to create healthier, happier city living through smart technology. The collaboration will transform the region, placing Moreton Bay Regional Council alongside national smart city leaders.
Moreton Bay will fulfil its vision of becoming a pioneer amongst Australia’s public space leaders through the integration of cutting-edge, smart city technology.
DID YOU KNOW
USC MORETON
Moreton Bay Regional Council is committed to ensuring local koala populations remain safe and healthy throughout The Mill at Moreton Bay project and into the future. The site is already home to a significant koala population that is growing by 22% every year as a result of Australia’s leading koala program led by a world-class research team.
USC Moreton Bay opened stage one of its campus as the anchor tenant of The Mill’s innovation hub, bringing new and exciting business, partnership, and education opportunities to the region.
KOALAINDUSTRY-LEADINGPROGRAM
investmoretonbay.com.au 25
Domino’s Pizza CEO Don Meij started as a pizza delivery driver in Redcliffe in 1987, before purchasing his first Domino’s store in Morayfield in 1996. Today, Meij has built his Domino’s empire into the world’s largest franchisee for the international brand, with a current market capitalisation of approximately $13 billion. DID YOU KNOW 40 MBRC.
As a growing region and business ecosystem, Moreton Bay has the size and credentials to boast national and international industry leaders. Its existing business community creates a culture of collaboration that accelerates growth. And yet, Moreton Bay is agile enough to proactively adapt to the world’s changing business stage.
MORE INVESTTOIN Invest Moreton Bay Prospectus26
Moreton Bay is on the cusp of so much more. Ready to take its place alongside international innovation and business capitals around the world.
While there is no saturation of any one industry or market in Moreton Bay, there are emerging industries that will complement the plentiful assets of the region.
The Moreton Bay Regional Economic Development Team is actively involved in working closely with local businesses to identify means of breaking down barriers and facilitating growth. Moreton Bay is fully prepared to take advantage of significant growth opportunities such as being part of Brisbane’s Olympic hosting duties. Right now, investors have an outstanding opportunity to take advantage of rapid growth, unlimited support and a collaborative approach to a brighter future.
investmoretonbay.com.au 27 Location Economy Industries Transport Property advertised(mediansaleprice) Brendale 13,200 population 15,450 local jobs $5,400M gross revenue 7,100generatedresident labour force Industrial Strathpine Station: 103 daily train 23514servicesbusroutesdailybus services $412,500 median house price $1,840 – industrial* $2,840 – retail* $2,630 – commercial* Caboolture 73,000 population 24,610 local jobs $6,500M gross revenue 35,200generatedresident labour force RetailEducationMedical Caboolture Station: 109 daily train 24516servicesbusroutesdailybus services $349,500 median house price $1,730 – industrial* $2,620 – retail* $3,320 – commercial* North Lakes 83,300 population 16,660 local jobs $4,420M gross revenue 45,000generatedresident labour force OfficeRetail Mango Hill Station: 109 daily train 28920servicesbusroutesdailybus services $426,000 median house price $2,200 – industrial* $3,720 – retail* $2,850 – commercial* Petrie 9,000 population 1,830 local jobs $420M gross revenue 5,300generatedresident labour force RetailEducation Petrie Station: 212 daily train 9316servicesbusroutesdailybusservices $430,000 median house price $2,250 – retail* $2,420 – commercial* Redcliffe 62,500 population 19,870 local jobs $5,180M gross revenue 30,600generatedresident labour force TourismMedical Kippa-Ring Station: 104 daily train 4257servicesbusroutesdailybus services $448,000 median house price $1,580 – industrial* $2,870 – retail* $2,070 – commercial* Strathpine 39,200 population 21,630 local jobs $6,820M gross revenue 21,800generatedresident labour force Retail Strathpine Station: 103 daily train 23514servicesbusroutesdailybus services $420,000 median house price $1,700 – industrial* $2,800 – retail* $2,800 - commercial* MAJOR INDUSTRIAL, COMMERCIAL AND RETAIL LOCATIONS40 Note:*($/m2)Prices are indicative only and all data is current as at July 2020.
Lot sizes
BRENDALE INDUSTRIAL PRECINCT
Invest Moreton Bay Prospectus28
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NARANGBA INNOVATION PRECINCT Potassium Street, Narangba
The Narangba Innovation Precinct is an industrial estate that supports a range of industrial land types. It is one of the few industrial areas in South East Queensland that caters to large, hard-tolocate industries such as waste handling, recycling, agriculture and manufacturing. It is considered a major enterprise and industrial precinct, contributing $1.287 billion in output (3.8% of the total regional output).
Zoning: High impact industry, special industry and general industry Access Located adjacent to the Bruce Highway and Boundary Road in Narangba, with part of the precinct on the west and east side of the highway.
Corner South Pine Road and Leitchs Road, Brendale
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Property
BRENDALE INDUSTRIAL ESTATE
overview •
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Individual lot sizes range from 4,671m2 – 4.5ha. The precinct currently accommodates more than 200 businesses.
The Brendale Industrial Precinct is Brisbane North’s largest premier industrial business park for general industry, offering 24-hour operations due to its zoning. It is a fast-growing industrial hub in the northern growth corridor that can accommodate a range of low and medium impact industries such as advanced manufacturing, construction, technology, retail trade and more.
Property overview
Zoning: General industry Access Located just 3km from the Bruce Highway, 6km from the Gateway Motorway and within 18km of Brisbane’s CBD, the Port of Brisbane and Brisbane Airport. Lot sizes Flexible, individual lot sizes ranging up to 5ha.
investmoretonbay.com.au 29 Additional industrial precincts • Northlink Industrial Estate • Caboolture Industrial Estate • Corporate Park Industrial Estate • Interchange Industrial Estate • Elimbah East Industrial Area • Clontarf Industrial Area • Dakabin Industrial Area • Kippa-Ring Industrial Area • Deception Bay Industrial Area • Caboolture’s first major industrial estate in 10 years • $90 million development Immediate access to Bruce Highway and D’Aguilar Highway • Services northern growth corridor • 40ha of useable commercial land • Flexible lot sizes from 1,000m2 up to 10ha • 24-hour general industry use • Premier master planned industrial business park • $152.6 million development • 85ha • 107 lots ranging from 2,400m2 to 5ha • 24-hour general industry use • More than 10ha of land dedicated to open space • Integrated business, residential, commercial and light industrial precinct • 169ha769ha mixed industry and business area • 911-berth marina, 300-500 dry boat stacker • Marina village, community facilities, residential housing areas • Co-location with North Harbour marina for mutually beneficial economic relationships CORPORATE PARK EAST 100 McNaught Road, Caboolture NEW BASE BUSINESS PARK Corner French Ave and Leitchs Road, Brendale NORTH EAST BUSINESS PARK Nolan Drive, Morayfield ELIMBAH EAST SOUTHERN PRECINCT Bruce Highway and Pumicestone Road interchange • Former agricultural land • 100ha of developable land • Direct access from Pumicestone Road and 500m from Bruce Highway • Suitable for low-medium impact industry uses, warehousing and logistics • Limited land available for high impact industries Comingsoon!
WEST Size: 3,580ha Projected population: 63,000 - 70,000 Projected dwellings: 25,600 - 30,000 Growth timeframe: 40+ years
Key services: new district sports parks, new district recreation park, 1 school, and water, sewer, road and stormwater upgrades
Key services: 12 new schools, active transport connections, new parks, new roads and upgrades to existing transport infrastructure
Projected dwellings: 10,000 - 11,000 Growth timeframe: 20+ years
NARANGBA EAST Size: 275ha Projected population: 10,000 - 13,000
Projected dwellings: 4,300 - 4,700 Growth timeframe: 10+ years
Development approvals: 5 approvals totalling 837 lots
Key services: 3 local parks, flood mitigation works, upgrades to existing roads, and water and sewerage upgrades
Note: Data is indicative only and current as April 2021. Map lines are indicative only. SamfordValley
Economic impact: 17,000 jobs
MORAYFIELD SOUTH Size: 900ha Projected population: 26,000 - 29,000
Transport infrastructure: key road corridor upgrades for New Settlement Road, Callaghan Road, Morgan Road, and rail overpass to Bruce Highway JOYNER (SOUTH) Size: 135ha Projected population: 3,200 - 3,900 Projected dwellings: 1,000 - 1,400 Growth timeframe: 10+ years
CABOOLTURE
Development approvals: 3 approvals to date with 66 lots delivered and another 149 approved to be delivered
Key services: upgrades to existing road and environment infrastructure, 5 new district parks and 4 schools
Transport infrastructure: upgrade to Buchanan Road/Bruce Highway and Morayfield Road/Bruce Highway interchanges, construction works underway on Oakley Flat Road
Development approvals: numerous approvals totalling 2,043 lots, 52 townhouses and a child care centre
Transport infrastructure: partnering with the State Government to fast-track planning for the Bruce Highway Western Alternative
D’AGUILARHWYWoodford Dayboro The IrrigationWamuranCabooltureWarnerDistrictHillsWestNarangbaEastSchemeJoynerMorayfieldSouthNorthernFreightTerminalElimbahNorth Invest Moreton Bay Prospectus30$40 BILLION GROWTH MAP
Development applications: 9 applications totalling almost 13,500 lots
NORTH HARBOUR (MARINA)
Key services: new parks, road corridor and intersection upgrades
BRUCEHWY BGATEWAYMWYRUCEHWY Redcliffe Port HarbourScarboroughBrisbaneof Brisbane IslandBribie BrendaleStrathpineMillTheHarbourNorth (BNE)AirportBrisbane SunshineCoastBurpengaryEastNarangbaInnovationPrecinctElimbahEast SydneyMelbourne Gold Coast Caboolture investmoretonbay.com.au 31
Transport infrastructure: possible Northern Freight Terminal
ELIMBAH EAST Size: 400ha Growth timeframe: 20+ years
Transport infrastructure: upgrade to South Pine Road and Kremzow Road
Economic impact: 8,600 jobs, $813 million annual economic benefit
Caboolture to Brisbane Petrie to Brisbane 28mins51mins Caboolture to Sunshine Coast Redcliffe to Gold Coast Brendale to Brisbane 61km - 40mins 110km - 115mins 21km -25mins
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Size: 579ha Projected population: 4,220 - 10,000 Projected dwellings: 2,000 Economic Impact: 7,735 jobs and $2.74 billion during construction 9% of new ongoing jobs in regional employment targets to 2041 Attract portion of $74 billion Australian marine industry to region upon completion
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Economic Impact: industry-zoned land capable of supporting 13,000 jobs
Key services: sewer, water, stormwater and road upgrades
Development approvals: numerous approvals totalling 392 lots, including 322 relocatable homes and 142 townhouses
Key services: environmental and recreational upgrades, key road improvements, new parks and potential for 1 new school
THE MILL AT MORETON BAY PDA Size: 460ha (incl. 65ha of Council-owned, developable land)
Growth timeframe: ready for development
Key infrastructure: Knowledge and Innovation Centre, regional indoor stadium, advanced manufacturing and health
BURPENGARY EAST Size: 190ha Projected population: 6,000 - 7,000 Projected dwellings: 2,400 - 2,800
Development approvals: 2 approvals totalling 187 lots and a preliminary approval for approximately 460 lots
Key services: works to manage flood constraints and water and sewerage infrastructure upgrades
WARNER Size: 140ha Projected population: 3,500 - 4,000
ELIMBAH NORTH Size: 1,600ha
Invest Moreton Bay Prospectus32 MOREAGRIBUSINESSFOODMANUFACTURINGADVANCEDANDPRIORITY INDUSTRIES The Moreton Bay Region empowers four priority industries with strong business pedigree, and even stronger potential for growth. KEYS TO SUCCESS: • Established industry valued at more than $1 billion, with $450 million in exports • Exceptional natural resources required for optimal growth • Significant investment into sustainable resources • Innovation focus to adjust to emerging technologies • Queensland’s only aquaculture research facility • New agriculture and fisheries laboratory • Easy road and rail connections for quick transportation of produce • Community of like-minded growers and entrepreneurs Incredible access to national and international markets KEYS TO SUCCESS: • Largest export industry in Moreton Bay, valued at more than $3.3 billion • Access to national and international markets through road and rail connections plus Brisbane’s port and airports within 30-45 minutes • Strong connection to National Broadband Network • Existing and planned industrial precincts with space to customise operations • World-leading tertiary research and expertise Low cost of operating, allowing you to invest in innovation and growth • Established manufacturing industry of leaders WHERE SHOULD YOU LOOK? Brendale Industrial Precinct, Narangba Innovation Precinct, Caboolture East and West Precincts, Elimbah East, North Lakes, Burpengary and Clontarf WHERE SHOULD YOU LOOK? Wamuran, Caboolture, Samford, Elimbah, Burpengary, Dakabin and Kallangur
investmoretonbay.com.au 33 KEYS TO SUCCESS: • More than 4.85 million visitors and $1.1 billion in visitor expenditure annually • Growth in visitor numbers and expenditure • Host of 2032 Olympic events and new infrastructure for The Mill at Moreton Bay #SEQ2032 • Purpose-built accommodation, event venues and sport stadiums • Ongoing investment pushing future development • Established year-round events calendar • Diverse natural assets of beaches, rainforests and national parks KEYS TO SUCCESS: • High speed telecommunications and digital connectivity • Dynamic education sector for skilled workforce • Dedicated knowledge and innovation hubs • Future-proofed industrial precincts • High investment into emerging technologies and research and development • Established business community and collaboration network • Support for startups and scaleup opportunities • State-of-the-art research facilities TOURISM, SPORT AND MAJOR ANDKNOWLEDGE,EVENTSINNOVATIONENTREPRENEURSHIP WHERE SHOULD YOU LOOK? Bribie Island, Redcliffe, Samford, Dayboro, North Harbour, Scarborough Harbour, Woodford and Eatons Hill WHERE SHOULD YOU LOOK? Brendale Industrial Precinct, The Mill at Moreton Bay, Petrie, The Hills District, Redcliffe, Bribie Island and Caboolture These high-value, export focused industries will generate lasting career opportunities to support high-demand jobs for the local community, while attracting a highly skilled and knowledge-based workforce that comes for more opportunities and stays for the lifestyle.
Brendale Industrial Precinct is Moreton Bay’s premier industrial precinct. Strategically located just off the Bruce Highway, it offers incredible supply chain logistics and export capabilities. Market access and a well-earned reputation for breeding industry leaders makes Brendale an Australian hub of advanced manufacturing.
MANUFACTURINGADVANCED
Many local advanced manufacturing businesses benefit significantly from well-established industrial precincts that are designed around their needs both today and in a future of emerging technologies.
Moreton Bay’s history of powerful growth is underpinned by the evolution of key established industries, including advanced manufacturing. In fact, it is the largest export industry in Moreton Bay, valued at more than $3.3 billion.41 In 2019/20, manufacturing contributed 29% of the region’s total Moretonexports.42Bay’s
More businesses have been drawn to Moreton Bay for its easy access to key national and international markets, availability of premium space with room to expand, and access to a skilled workforce that is equipped to sustain emerging technologies.
Businesses in the Moreton Bay Region are of high calibre, with over 78 active trademarks per 1,000 businesses in 2020. 41 NIEIR (2021). 42 NIEIR (2021). 43 TIQ (2021).
advanced manufacturing industries include industrial engineering fabrication, marine product manufacturing/repair/maintenance, building materials and many other bespoke products.
Established industry. Easy market access. Space to grow. Moreton Bay serves up more of the things you need to become the leader in your field.
The Port of Brisbane and Brisbane’s domestic and international airports are within a 30-45 minute drive. The Port handles $50 billion in trade, including 95% of Queensland’s international container trade and approximately 50% of its agricultural exports.43
While advanced manufacturing continues to flourish across Moreton Bay, and indeed Queensland, existing and new universities and educational institutes feed skilled employees into the already abundant workforce. With 80% of local workers residing within the Moreton Bay Region, this demonstrates that skilled graduates are likely to be retained in local industries continuing to push further stability and growth.
Invest Moreton Bay Prospectus34
DID YOU KNOW
TOTAL EMPLOYMENT IN THE REGION Australasia’s roadingmanufacturerleadingofinnovativesafetytechnology MORETON BAY’S MANUFACTURINGADVANCEDINDUSTRY EXPORTSALES PEOPLE EMPLOYED IN INDUSTRY Pioneered ArrowAutomatedworld-firstConeTruck,Boardsandmore AAPA Queensland Safety Initiative Award winner $3.3B+ 7%$1.27B 9,839
ARROWES has taken advantage of Moreton Bay’s skilled workforce to expand its team, which now includes in-house engineering, design, development and manufacturing specialists.
Moreton Bay’s innovation ecosystem, skilled workforce and easy access to transportation infrastructure have all been key to ARROWES’ success.
BEYOND ROAD SAFETY SOLUTIONS WITH SUSTAINABILITY
ARROWES engages with local universities and the industry to nurture innovation and provide high-value opportunities for the region’s talented graduates and highly skilled workers.
ARROWES has a strong commitment to CO2 reduction and an unwavering philosophy to avoid any non-recyclable raw materials, hazardous components or non-eco-friendly goods within its supply chain or design process.
The team pioneered the eSTOPTM, eSAS, eBOOM, green modular solutions and Automated Cone Truck (ACT). They are used by road authorities, national traffic companies and Tier 1 infrastructure and construction companies across Australia and New Zealand.
The company’s dedication to innovation and sustainability continues to cement its market leading position.
investmoretonbay.com.au 35 CASESTUDY
ARROWES is a pioneer in roading safety, inventing lightweight portable solutions that play a central role in saving lives and reducing injuries.
While Queensland is home to Australia’s largest area of agricultural land, Moreton Bay’s dynamic food and agribusiness community produces 57% of the state’s strawberries, 32% of its pineapples and is celebrated for its farmed prawns, bugs and crabs.44 Why? Moreton Bay alleviates challenges in supply and logistics, land availability, water assets and access to socially responsible manufacturing processes that commonly plague this industry.
FOOD AGRIBUSINESSAND
Untapped markets are set to explode with the state’s only aquaculture research facility located in Moreton Bay’s Bribie Island Research Centre. Key areas of focus include oyster and seaweed production, intensive agriculture processes and modernisation of food and beverage product Withproduction.space,nature and technology-focused resources, market access and a skilled, talented workforce collectively at home in this region, choosing to invest your food and agribusiness enterprise in Moreton Bay is a game changer.
EASY ACCESS Easy access to major roads means exportation pathways such as the Port of Brisbane and Brisbane Airports are within a 30-45 minute drive from Moreton Bay, offering operational cost savings that can transform a business.
DID
Moreton Bay is the largest strawberry producing area in Australia. The region’s strawberry industry contributes $78 million to the local economy, with almost 80% of Queensland’s strawberry growers located mainly in Caboolture.45 YOU KNOW DAF (2019); MBRC (2021).
44 AGTRENDS (2020). 45
Invest Moreton Bay Prospectus36
A warm, subtropical climate shines down onto pristine waters and rich soils that are cultivated by passionate farmers, producers and entrepreneurs who are changing the landscape of this lucrative state-wide business.
Proven industry. Area of innovation. Major infrastructure investment to power further growth. Moreton Bay is designed by nature for food and agribusiness success.
Innovation and significant investment in water technology, including the Wamuran Irrigation Scheme, is set to deliver 2.9GL of recycled water per year to local Whilefarmers.thisadds $100 million in gross agricultural value to the region, it also opens doors for businesses who invest now to grow.
RESEARCH FUELS GROWTH
INNOVATION SOLUTION
Piñata Farms also has the sole rights to grow specialty Honey Gold Mangoes that are one of Australian consumers’ favourite mango Capitalisingspecies.onMoreton Bay’s sun-drenched days and innovation focus, Piñata Farms is changing the face of food production, while the region’s enviable lifestyle helps them attract a dedicated team of workers. Horticulture of the One of Australia’s leading producers of pineapples, mangoes and strawberries More than $50 million annual turnover 70 full-time staff and up to 400 seasonal workers
57% OF STRAWBERRYQUEENSLAND’SPRODUCTION $450M OF PRODUCEANNUALLYEXPORTED 32% OF PINEAPPLEQUEENSLAND’SPRODUCTION $1B+ MORETON BAY’S FOOD AND AGRIBUSINESS INDUSTRY investmoretonbay.com.au 37
Farmer
Year
INNOVATION BUILDS FARMING EMPIRE Piñata Farms took the vision and values of its family farm and built it into an empire of 30 third-party family growers over five states. The organisation invests operational savings into innovation to identify the best possible fruit species and ensure production year-round.
Piñata Farms is a food and agricultural innovator producing fruits you’ll find in stores every day of the year.
Piñata Farms is Australia’s largest pineapple producer and is responsible for pioneering large-scale production of the fruit in the 1990s. Its staggering number of crops produce 9 million pineapples, 130 million strawberries and 13 million mangoes annually.
Awarded 2018
CASESTUDY
A one-of-a-kind breeding program sees Piñata Farms investigate the commercial potential of up to 20,000 new varieties of pineapples.
• Visitor expenditure: $1.137 billion (increased from $670 million in 2015)49
• Average length of stay for visitors: 4.5 nights (increased from 1 night in 2015)50
Moreton Bay is home to 294km of pristine coastline, world-class entertainment facilities, museums, art galleries and picturesque hinterland aspects.
• Average length of stay for international visitors: 18.6 nights (longer than the state’s average of 11.7 nights)51
• Direct and indirect tourism jobs: 13,30053 The Bee Gees legacy is Stayin’ Alive in Bee Gees Way – a monument built as a tribute to the music icons who launched their career in Redcliffe. Barry Gibb even attended the grand opening. DID YOU KNOW 46 Austrade (2021). 47 Austrade (2021). 48 THSA (2021). 49 MBRIT (2019). 50 MBRIT (2019). 51 TRA (2020). 52 TRA (2019). 53 MBRIT (2019). 54 THSA (2021).
Visitors find more in Moreton Bay. They stay longer. They spend more. They come for the show. With diverse natural attractions, expenditure from varied tourism markets, a year-round calendar of events and major ongoing investment, Moreton Bay’s strong tourism, sport and major events industry is set to continue its ground-breaking growth.
DIVERSE EVENT CALENDAR
• Tourism businesses: 3,259 (tripled since 2015)52
Australia’s $138 billion visitor economy is vital to the nation’s wellbeing and the lifeblood of many regions.46 This sector supports 686,000 jobs around the country, and for every dollar earned, generates 82 cents in other parts of the economy.47
Natural landscapes and metropolitan infrastructure create a stunning stage for a diverse collection of events that draw visitors and increase expenditure. Moreton Bay boasts events such as the Woodford Folk Festival, Moreton Bay Food + Wine Festival, Abbey Medieval Festival and Redcliffe Kitefest, which together attract more than 200,000 visitors to the region every year.
Accommodation investors and operators have a unique opportunity to take advantage of this untapped tourism, sport and major events destination. With an increase of 29% in day visitors, 11% in domestic overnight visitors and 28% in international visitors since 2017, the region’s limited supply of visitor accommodation allows early entry hotel investors to establish their presence in an uncrowded marketplace.54 While small-scale accommodation operators service the leisure market, the region’s growing business and sports group visitor segment has increased the demand for full-service hotels.
TOURISM, SPORT AND MAJOR EVENTS
Moreton Bay contributes to this visitor economy through undeniable tourism assets which attract 4.85M visitors to the region every year, a 25.5% increase since 2017.48 The region is experiencing a golden era in tourism, with a visitor economy worth over $1 billion. These figures reveal the high-growth state of Moreton Bay’s tourism industry:
ESTABLISHED AND GROWING
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MORE ACCOMODATION OPPORTUNITIES
AWARD-WINNING NATHAN ROAD SPORTS COMPLEX - AFL’s Project of the Year 2020 NATHAN ROAD SPORTS COMPLEX
The region’s recent growth is undeniable, and no doubt, fuelled by Moreton Bay Regional Council’s ongoing investment in infrastructure and tourism. With no signs of slowing, the Brisbane 2032 Olympic Games and a newly unveiled national rugby league team has fast-tracked major development opportunities. In the last eight years, Council has invested $150 million on sports infrastructure. A further $57 million will be spent across three projects for upgrades to existing facilities and new purpose-built venues, including a new rugby league complex and high-performance women’s sports centre with football facilities to host Brisbane Roar home games.
investmoretonbay.com.au 39 VISITORS TO THE REGION EVERY YEAR SPENT ON SPORTS INFRASTRUCTURE IN THE LAST 8 YEARS TOTAL VISITOR NIGHTS SPENT IN REGION ANNUALEXPENDITUREVISITOR 4.5M 4.85M$150M$1.1B EVENT INFRASTRUCTURE INVESTMENT
DID YOU KNOW
QUEENSLAND’S MOST SUCCESSFUL RUGBY LEAGUE CLUB UNVEILED AS 17TH NATIONAL TEAM
55 Moreton Bay Foundation (2021). 56 The NRL Economist (2021).
Invest Moreton Bay Prospectus40 MORETON
The
The Australian National Rugby League competition announced Redcliffe Dolphins as its expansion club to be introduced in 2023. Local Redcliffe Dolphins Rugby League team have a 74-year history and are already Queensland’s most successful club. With 5,500 registered players, 17 junior clubs and 40,000 members, the Dolphins have an annual turnover of more than $30 million. The organisation’s assets are valued at an impressive $100 million, and the club is worth more than the Australian Football League’s Adelaide Crows, North Melbourne Kangaroos, Melbourne Demons and Gold Coast Suns combined.56
Moreton Bay businesses and tourism operators are rejoicing after a successful 2032 Olympic Games bid which is set to catapult South East Queensland regions onto the world stage.
BAY INVESTORS TO GO FOR OLYMPIC GOLD
While Moreton Bay’s sporting facilities and pedigree is already strong, investment now extends to the development of a purpose-built Moreton Bay Indoor Sports Centre located at The Mill. Set to host Olympic boxing matches, the proposed world-class international sporting arena will have legacy benefits for the entire region. Investors are ready to capitalise on rapid growth opportunities, with the Games fast-tracking the delivery of vital infrastructure to reinforce the region’s reputation as the state’s engine room.
Moreton Bay is one of the best untapped tourism destinations in the world. It attracts more visitors than the Great Barrier Reef and features 360 islands – nearly five times as many as the world-famous Whitsundays.55
The multi-award-winning entertainment and accommodation venues benefit from Moreton Bay’s significant regional visitor numbers, that are almost double that of iconic tourism destinations such as Noosa.
Sitting on 300m of unobstructed water frontage, Sandstone Point Holiday Resort and Hotel is a pinnacle of Moreton Bay’s flourishing tourism, sport and major events industry.
AWARD-WINNING SANDSTONE POINT HOTEL - Queensland Hotels Association Awards for Excellence 2021 - Metropolitan Hotel of the Year, Best Entertainment Venue, Best Family Dining, Best Outdoor Non-Enclosed Facility, and Best Marketed Hotel Accommodation HOTEL
CASESTUDY SANDSTONE POINT
Every year hundreds of thousands of patrons visit and stay, many relishing in a plethora of national and international acts, such as The Beach Boys, Bryan Adams and many more.
The holiday resort is a popular vacation destination where guests can choose from almost 300 accommodation options, including villas, glamping tents and camping sites.
SUCCESS IN TODAY’S WORLD Record investments into the $18 million construction of the Sandstone Point Holiday Resort has earned the landmark destination recognition as Australia’s leading BIG4 Holiday Park for occupancy levels, regularly reaching full capacity.
investmoretonbay.com.au 41
Building on this success, the adjacent hotel has been awarded Queensland’s Hotel of the Year and Best Entertainment Venue, and Australia’s Best Hotel, with upgrades to facilities ensuring the venue stays revitalised.
Next door, the hotel is one of Australia’s most successful entertainment venues with the most tickets sold in Australia during 2020, regularly attracting crowds of up to 20,000 people.
With land available at affordable prices and two large greenfield projects earmarked as future industrial and entrepreneurship hubs, Moreton Bay’s strengths in knowledge and innovation are set to boom.
INVESTED IN AUSTRALIA’S MOST UNIVERSITYINNOVATIVECAMPUS 2x
$150M DID YOU KNOW
All students in Year 7 and above study a range of science, technology, engineering and robotic programs that focus on future technology and practical work skills.
While Brendale is well known for breeding manufacturing leaders, the state’s high-value, emerging industries are breathing a new technological focus into this established hub.
Moreton Bay has become an ecosystem of innovation and entrepreneurship.
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Moreton Bay is home to Australia’s newest and most innovative university campus and two TAFE precincts, facilitating learning opportunities for the development of innovators and entrepreneurs.
It begins with education. Grows with purpose-built innovation hubs. Then cements leadership through a supportive community of entrepreneurs.
Moreton Bay Regional Council has the highest concentration of Smart Cities Certified Practitioners. They are working with solutions around smart parking, smart LED street lighting, road flood monitoring and environmental sensing.57 57 SCCANZ (2021).
KNOWLEDGE, INNOVATION AND ENTREPRENEURSHIP
GLC boasts the most involvement in robotics competitions of any Australian school. Among other accolades, it achieved 1st place at the FIRST Tech Challenge and 2nd place at the FIRST Robotics International Championship.
KNOWLEDGE AND INNOVATION HUB TWICE THE SIZE OF BRISBANE’S CBD CONNECTION TO QUEENSLAND’S FASTEST DATA TELECOMMUNICATIONSANDPOINT
EMERGING INDUSTRIES INCLUDE: Aerospace, biomedical, biofutures, defence, food and beverage, vehicle manufacturing, mining technology, precision agriculture, rail manufacturing, renewables and resource recovery.
The region’s focus on innovation extends into multiple facets of the community. A prime example is Grace Lutheran College (GLC), named as one of Australia’s top 40 innovative schools by The Educator.
The Moreton Bay suburb of Brendale is a well-established industrial precinct that has been named one of the top 10 places to work in the greater region. Its credentials are buoyed by smart city infrastructure, high productivity, a sustainability focus and easy logistics and market access.
MORE EDUCATION
investmoretonbay.com.au 43
MODERN DATA INFRASTRUCTURE DRIVES DIGITAL TRANSFORMATION
The Moreton Bay Region is also primed to secure multiple data centres supporting new industry development and business growth to 2041. These facilities will support artificial intelligence, cloud computing and webbased services, vital tools in the digital transformation of many businesses. By 2026, Deloitte Access Economics forecasts there will be more than 1.1 million technology workers in Australia. The Moreton Bay Region will provide the technological infrastructure to support South East Queensland businesses as they grow and connect to the world.
Business investors in Moreton Bay will reap the market-opening benefits of high-speed and reliable data connectivity without the associated capital investment and high operating costs.
The $10 million Helios Project by Titan Fibre Networks, will see neutral cable operator Torus Networks create a 140km backbone of dark fibre cable running through the Moreton Bay Region. The cable links to Queensland’s fastest international data and telecommunications point, connecting economic hot spots such as The Mill at Moreton Bay, Caboolture and North Lakes, directly to global markets.
THE MILL AT MORETON BAY
Moreton Bay is home to a new technology and innovation hub that will be twice the size of Brisbane’s Central Business District.
World-leading software solution to track remote workers than 1.5 million safe journeys resource
JESI uses their unique software as a service (SaaS) solution to ensure the safe journey of workers who travel frequently or work in isolated environments with heightened risks, by automating emergency alerts that enable real-time responses to critical events. The idea was developed by Co-Founder and CEO, Joe Hoolahan, after a friend got into a serious road accident during a work trip and was trapped for hours before being found.
More
tracked Global
JESI is an established technology company that provides world-leading software solutions to track remote workers across a range of industry sectors, including resources, construction, education and health.
Already on a growth trajectory, JESI plans to turbocharge its staff growth and technological capabilities with multimillion dollar investments.
Invest Moreton Bay Prospectus44
A WINNING MOVE In 2019, JESI relocated to Moreton Bay to achieve its growth goals by accessing a skilled workforce and significant markets through its strategic location. The team has grown from 8 to 24 people in 6 months, with the business experiencing a steady revenue growth of about 10% month-on-month.
provider for companiesmultinational
Today, the product includes additional features to manage workers who are isolated at home due to COVID-19. JESI’s technology solutions are used across 16 countries by more than 50 major clients, including Rio Tinto, BHP, Chevron, Orica and Sandvik.
CASESTUDY
The impact of COVID-19 streamlined STEM Punks’ investment in developing a new online approach, opening them up to attracting global strategic partners and larger markets.
Established by local innovator, entrepreneur, businessman and father of three, Michael Holmstrom, STEM Punks delivers in-school and online programs for students and upskilling workshop opportunities for teachers across the Topicsregion.include coding, robotics and app design which have been developed by teachers, innovators and industry professionals to foster a mindset of innovation, creativity and entrepreneurship.
investmoretonbay.com.au 45
Smart Council support Smart device access enabling residents to request a council service and connect directly to the right customer service representative 24/7. Road scanning technology Streamlining kerbside waste collection and road maintenance by identifying potholes, signs and line defects. This initiative won Smart City Awards for Data Leadership in 2020. STEM Punks has received countless commendations from happy parents and teachers for its ability to provide 21st Century skills and real-world problem-solving skills. The innovation education provider has won multiple accolades, including the Most Innovative Startup of the Year at the 2021 Asia-Pacific Stevie Awards.
STEM Punks is helping the innovators of tomorrow develop practical, industry-focused skills through award-winning programs for Moreton Bay’s school students and teachers.
STEM Punks took advantage of Moreton Bay’s collaborative and innovative ecosystem to work with local educators and industry professionals.
Smart parking Sensors create parking availability data with smartphone connectivity to assist consumers to identify parking spaces.
COUNCIL-LED INNOVATION
CASESTUDY
PHASE 2: MORE SUPPORT TO BUILD A BIGGER, BRIGHTER BUSINESS
“We certainly have aspirations to grow and service customers all over the world, and we want to do that from a region like Moreton Bay. And we’ve got a Council that’s driving and backing that.”
Moreton Bay Regional Council has an open focus on providing easy access to vital information about town planning, building permits and development applications.
-JoeHoolahanCo-FounderandCEO,JESI
PHASE 1: MORE SUPPORT DURING PLANNING AND APPLICATION
Free online professional development, access to community and economic profiles, industry connections and networks, collaboration support, and funding advice
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Investors will find multiple support services available to assist their journey at every stage through a single, dedicated contact point.
Streamlined applications with free pre-lodgement advice, planning and property information, economic advice and the development application tracker.
For assistance understanding what funding is available for your investment visit www.moretonbay.grantguru.com.au Bring your business into a brighter future with unparalleled growth, innovation and talent in a community that you’ll love to live in.
• Small Business Friendly Councils (SBFC)supports small businesses with access to tools and resources, simplified administration and regulation and more.
• Regional Economic Development Grantsup to $10,000 in funding to support community organisations implement initiatives that align with the four pillars of the REDS.
• Invested in Queensland – financial incentives to attract and support businesses looking to establish large-scale, job-creating projects.
• Mentoring for Growth (M4G) - offers eligible businesses free access to volunteer business experts who provide insights, options and suggestions about your business challenges and opportunities.
• Entrepreneurs’ Programme - provides access to expert advice and financial assistance to support growth opportunities.
• Investment Attraction Policy supports existing companies looking to expand and new companies looking to enter the region and create high-value jobs connected to the REDS.
Australian Government support
• Business Basics, Business Boost and Business Growth Fund Grants – up to $50,000 in grant funding is available for new and established businesses at various stages of their journey, from recovery to growth.
Council support
• Research and Development Tax Incentive38.5% or 43.5% tax offsets are available for costs incurred on eligible activities.
• Industry Growth Centres - focuses on increasing the innovation, productivity and competitiveness of six key growth industries, including advanced manufacturing and food and agribusiness. PROGRAMS, AND INITIATIVES
Queensland Government support
• Local Preference Policy - Council provides weighted favour towards local business, giving them a competitive edge in tender provision.
• Made in Queensland (MIQ) - up to $2.5 million in grant funding to increase the productivity and international competitiveness of small and medium sized manufacturers.
• Advance Queensland - helps entrepreneurs, innovators and researchers turn ideas into commercial success.
There are a wide variety of programs, initiatives, and grant opportunities available to assist investors and business owners who are already in or planning to move to the Moreton Bay Region.
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• Innovate Queensland - supports SMEs, innovators and startups to grow and build connections through free workshops, webinars and collaboration activities.
Invest Moreton Bay Prospectus48 Team Moreton Bay is a collaboration across business, industry, community, and a hands-on Council that actively works to support your business investment in the region. More than a team. It’s a movement. #JOINTEAMMORETONBAY Moreton Bay Regional Council’s Economic Development Team is the first point of contact if you are considering expanding and/or relocating your business, or establishing a new business in the Moreton Bay Region. The team is available to assist you to: • Identify and profile suitable commercial or industrial sites • Connect you with key influencers, industry bodies and local business networks Connect you with other council services Let our team of professionals be the catalyst to excellence. Whatever your query, we have the answers.
investmoretonbay.com.au 49 CONTACT US Phone: 1800 314 730 Email: invest@moretonbay.qld.gov.au investmoretonbay.com.au “From future residential land to industrial land as well as areas for commercial and retail development,the region can accommodate just about any business.” - Peter Flannery, Moreton Bay Regional Council Mayor Every care has been taken by Moreton Bay Regional Council to ensure the information contained within this document is accurate and current. Notwithstanding this,Council makes no representation whatsoever regarding the accuracy,adequacy,suitability,completeness or reliability of the information and bears no responsibility for any mistakes,errors,or omissions. Accordingly,this information should not be relied upon for decision making purposes and independent professional advice should be obtained. To the full extent that it is able to do so,Council disclaims all liability (including liability in negligence) for losses and damages (including indirect or consequential loss and damage) caused by or arising from anyone using or relying on this information for any purpose whatsoever.
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investmoretonbay.com.au Contact Moreton Bay Regional Council’s dedicated investment team: Phone: 1800 314 730 • Email: invest@moretonbay.qld.gov.au A BRIGHTER FUTURE.
