TEKRAM
MARKET MOVERS Property Update - Autumn 2018
LEASE
11 Canberra Street, Hemmant
COOLEST TENANCY ON THE TRADE COAST Secure your brand new cold storage, refurbished food preparation and modern office facility moments away from the Port of Brisbane. With a high level of flexibility to layout the site as you require, this is
Size: 860 sqm GFA 1265 sqm hardstand Rental: Contact agent
a rare opportunity for food users to get a site that ticks all the boxes. P 408 sqm of temperature controlled food prep (+2c to +18c) P 361 sqm of brand new cold storage (up to -18c) and 91 sqm of office and amenities P Self-levelling docks and 1265 sqm of hardstand available now P Highly motivated landlord
Daniel Hutchinson 0434 314 624 daniel@falproperty.com.au
falproperty.com.au
SALE
12A & B, 5 Gardner Close, Milton PRISTINE FITOUT READY FOR OCCUPATION Suite 12A
Size: 403 sqm
Sale: $1,995,000
P 403 sqm of prime office space - vacant possession P Includes modern reception, boardroom & 4 offices P Includes 7 car parks
SECURE INVESTMENT WITH 5 YEAR LEASE Suite 12B
Size: 385 sqm
Sale: POA
Jeremy Conybeare 0411 228 233 jeremy@falproperty.com.au
P Tenanted investment with established company
Huw Feeney 0404 830 866 huw@falproperty.com.au
P 385 sqm newly fitted out office P New 5 year lease expiring 28/02/2023 P Net income of $159,600 PA
falproperty.com.au
Celebrating 10 years commercial
2007-2017
4A/42 Spine Street, Sumner
LEASE
2017 onwards
Watch our company video
AFFORDABLE OPEN PLAN RETAIL Size: 402 sqm
Rental: $49,000 PA Gross
P 402 sqm retail showroom P Huge signage potential at front of the unit P Great access to the complex P Ample onsite car parking
Christian Pedersen 0438 822 655 christian@falproperty.com.au
FORLEASE
201 JacksonROAD Road,ACACIA Acacia Ridge 172 INGRAM
HEAVY HITTER
Size: 4,048 sqm Rental: $283,360 PA Net
P Massive 8,339 sqm block P Large 3-phase power supply P 7 container height roller doors P 6 overhead cranes
Huw Feeney 0404 830 866 huw@falproperty.com.au
John Andrew 0488 018 998 john@falproperty.com.au
falproperty.com.au www.falproperty.com.au
A NATIONAL PARTNERSHIP
Industrial Commercial Par tners of Australia (ICP) is a national par tnership of independent and like-minded agents that value customer service and have superior market knowledge. With a holistic and seamless approach, based on building and maintaining client relationships, ICP can service your industrial and commercial proper ty needs.
ICP collaborates and shares resources to achieve a client centred approach. Our clients are able to maintain one point of contact who is accountable nationally. ICP’s national representation ensures that clients across Australia can be matched with proper ties that best suit their needs and interests.
OUR PARTNERS
FOR MORE INFORM AT ION CONT ACT: FAL PROPERTY GROUP ON (07) 3720 9090 INFO@INDUSTRIALCOMMERCIALPARTNERS.COM.AU INDUSTRIALCOMMERCIALPARTNERS.COM.AU
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G1, 188 Moggill Road, Taringa RARE LARGE FORMAT RETAIL OPPORTUNITY
Size: 200-620 sqm Rental: $272,000 PA Gross
P 200-620 sqm of prime inner West retail P Massive outbound exposure P Abundant onsite parking
Jeremy Conybeare 0411 228 233
P Divisible floorpate
jeremy@falproperty.com.au
50 Annie Street, Coopers Plains
LEASE
4/180 Northgate Rd, Northgate
LEASE
358 SQM FREESTANDER!
MODERN OFFICE/WAREHOUSE
Size: 358 sqm
Size: 336 sqm
Rental: $35,360 PA Net
Rental: $48,672 PA Net
P Freestanding warehouse
P 211 sqm Highbay warehouse + 125 sqm office
P No Body Corp fees
P Great internal height
P Low outgoings
P General industrial zoning
P Ample hardstand
John Andrew 0488 018 998 john@falproperty.com.au
P 4 exclusive car parks
Daniel Hutchinson 0434 314 624 daniel@falproperty.com.au
falproperty.com.au
LEASE
5 Thompson Road, Bowen Hills
RETAIL/SHOWROOM OR OFFICE P 283 sqm fitted out office with character and high ceilings P 304 sqm warehouse with an additional 50 sqm of office
Size: 297-637 sqm Rental: $404/SQM Gross
P Polished concrete floor and exposed beams
Jack Chuang
P Ability to be leased together or individually
0402 205 335
P Adaptable to many uses
jack@falproperty.com.au
P Immediate access to ICB and Breakfast Creek Road
LEASE
2/55 Links Avenue, Eagle Farm
TIGHTLY HELD TRADE COAST TENANCY Size: 140 sqm Rental: $27,000 PA Gross
P Exposure to the Southern Cross Motorway P 775 sqm office + 75 sqm warehouse P 3 partitioned offices, reception and highbay warehouse
Daniel Hutchinson 0434 314 624
P Motorised container height roller door P 4 exclusive car parks
daniel@falproperty.com.au
falproperty.com.au
BUDGET SEASON It’s that time of the year when property managers are at their busiest - budget season. Every year your property manager should prepare an income and expenses budget for the next financial year, and they should do it well before June 30 to give them time to do the following processes: Income forecast. From 1 July to 30 June, how much income is expected to be received. Aside from normal tenant rental, consider all types of income including car park rental, phone tower licences, storage rents, outgoings, recoverable expenses and utilities, turnover rental, kiosks and casual leasing income, marketing levies, signage rent, etc. Don’t forget to take into account incentives and abatements. And of course budget for any future vacancies and associated costs such as leasing commissions, legal fees, incentives and any required landlord works. It’s important to be accurate and include fixed, CPI and market rent reviews expected during the period. Expenses forecast. A great property manager should always look at reducing outgoings, as this in turn increases the value of any asset. However they should always be mindful of quality vs price. Contractors should be reliable, honest and provide a good service. Getting the cheapest price isn’t always the answer, especially if the service standard frustrates tenants and entice them to leave the building once their lease is at an end.
Depending on the type of property, the client’s needs, the relationship with the contractors and the quality of the service, not all services may go to tender every year. However it’s important to review agreements and check that pricing is still at market rates. For the services that do get reviewed or tendered out, the property managers should be unbiased and neutral in seeking out good quality and reputable contractors and negotiating the best prices on behalf of their landlords. Reducing every $1 in outgoings per annum potentially increases the asset value by $14 (using a yield of 7%). Example of services to be reviewed are: insurance policies, cleaning contracts, landscaping contracts, fire compliance services, security contracts, airconditioning maintenance contracts, common area electricity prices, etc.
“Reducing every $1 in outgoings per annum potentially increases the asset value by $14...” As part of the budgeting exercise, it’s important to estimate all statutory charges (rates, water and sewerage, land tax), marketing expenses along with the marketing strategy (mainly for retail centres), capital expenditures expected
for the new financial year, and any other costs which are part of the client/ property’s plans for those 12 months. Get quotes, seek client approval, inform tenants Developing scopes of works for services, going out to tender, reviewing quotes, negotiating better prices and finally getting landlord approval is a lengthy process. It’s best to start early in February or March so that the landlord then has the time to review the quotes and the budget, give feedback and adjustments to be made before a final budget is locked in for the property. When your tenants are on net leases, it’s critical to send them the final budget and their new outgoings estimate for the new financial year at least 1 month prior to June 30. The deadline for most landlords is 31st May (legislated by the Retail Shop Leases Act) to send out this notice to tenants. So a good property manager will ensure this deadline is met and they should keep you in the loop during this whole process. Budget season is a busy time, but it’s a productive one. As an owner, push for savings in your outgoings and ensure your property manager is effectively managing your property’s budget. They will have to show you and explain any significant variances in this budget over the next 12 months, so this will test how accurate their predictions are!
falproperty.com.au
2/17 Bluestone Circuit, Seventeen Mile Rocks CORPORATE OFFICE - READY TO MOVE IN P 206 sqm of fitted out office accommodation over two levels P 28 sqm functional high bay warehouse with container height
SALE/LEASE
Size: 234 sqm Rental: $61,000 PA Gross Sale: $650,000
roller door access
Christian Pedersen 0438 822 655
P Concrete tilt panel construction P Data cabled ready to move into straight away
christian@falproperty.com.au
P Amenities & kitchenette facilities on both levels
Industrial, commercial & retail specialists in: 2/25 Valance Street, Oxley
SALE
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BLANK OXLEY CANVAS
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Size: 85 sqm
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Sale: $240,000 or best offer
Sales Leasing Management
P 85 sqm retail/office space P Blank canvas, bring your ideas P Practical floorplate P Priced to sell
Call us today and experience the difference!
07 3720 9090
Jeremy Conybeare 0411 228 233 jeremy@falproperty.com.au
falproperty.com.au
Unit 10, 20 Park Road, Milton
SALE/LEASE
RARE PARK ROAD GEM
Size: 64 sqm Sale: $750,000 Rental: $58,200 PA Gross
P 64 sqm prime retail/office P Located in Savoir Faire complex P Excellent passing traffic
Jeremy Conybeare 0411 228 233
P One secure car park included P Standout location
jeremy@falproperty.com.au
131 Bradman Street, Acacia Ridge
LEASE
FREESTANDER WITH ALL THE FUNDAMENTALS P Large concrete hardstand perfect for multiple containers, large trucks and easy ingress and egress from the street.
Size: 1,500 sqm Rental: Contact agent
P Easy access to front and sides of warehouse via container height roller doors P Recently renovated to a high standard. Ready to go now!
John Andrew 0488 018 998 john@falproperty.com.au
falproperty.com.au
ARE YOU LOOKING FOR A COMMERCIAL PROPERTY MANAGER?
CALL US NOW TO DISCUSS YOUR REQUIREMENTS
Level 5, 54 Jephson Street, Toowong
SALE
PRICED TO SELL Size: 408 sqm Sale: $1,350,000 or best offer
P 408 sqm prime office/medical P Open plan with city views P Alternative configurations possible P Highly sought after location P Dedicated onsite parking P Priced to sell
Jeremy Conybeare 0411 228 233
Contact us today for more information.
jeremy@falproperty.com.au
falproperty.com.au
ARE YOU LOOKING FOR A COMMERCIAL PROPERTY MANAGER?
CALL US NOW TO DISCUSS YOUR REQUIREMENTS
9 Counihan Road, Seventeen Mile Rocks
LEASE
FOOD APPROVAL - GREASE TRAP - HEAVY POWER Size: 858 sqm total Rental: $102,960 PA Net
P Grease trap 2000L P Food preparation area P Oversized wall panels for insulation P Convenient location P Suitable for a range of industrial uses P Approximately 11km (15 minutes) to the Brisbane CBD P Arterial access to both the Centenary & Ipswich Motorway Contact us today for more information.
Christian Pedersen 0438 822 655 christian@falproperty.com.au
falproperty.com.au
3 Staple St, Seventeen Mile Rocks
LEASE
4/259 Cullen Ave, Eagle Farm
FANTASTIC RENTAL RATE
EAGLE FARM EXPOSURE
Size: 600 sqm
Size: 342 sqm
Rental: $57,000 PA Net
LEASE
Rental: $61,560 Net PA
P 520 sqm: Metal clad warehousing
P Last unit in brand new development
P 80 sqm: Air-conditioned office space
P 282 sqm highbay warehouse/60 sqm open plan office
P Bonus 80 sqm: Additional mezzanine storage
P Great internal heigh (6.5m to 8m)
P 3-phase power (100 amps+)
P Gateway Motorway exposure
Christian Pedersen 0438 822 655 christian@falproperty.com.au
5 & 6/21 Jijaws Street, Sumner
UNBEATABLE $70/SQM P 585 sqm warehouse + 40 sqm office
Daniel Hutchinson 0434 314 624 daniel@falproperty.com.au
LEASE Size: 585 sqm Rental: $43,750 PA Net
P Hardstand at the rear P 3-phase power P Access through 2 container height roller doors
Christian Pedersen 0438 822 655 christian@falproperty.com.au
falproperty.com.au
LEASE
43 Nariel Street, Albion
RARE CORNER FREESTANDING BUILDING Size: 235 sqm Rental: $75,000 PA Gross
P 235 sqm fully fitted ground floor commercial office P Suitable for retail/showroom and office P High grade fit out with reception area, boardroom & kitchenette
Jack Chuang 0402 205 335
P Immediate access to Abbotsford Rd, ICB & Newstead/Fortitude Valley P Ample car parking onsite - 5 spaces available
jack@falproperty.com.au
104.2 Da Vinci Business Park, Brisbane Airport
SALE/LEASE
MAKE YOUR BUSINESS TAKE OFF Moments from the International & Domestic airports, this exclusive precinct offers access to the Gateway Motorway & ICB. P 67 sqm office + 189 sqm warehouse
Size: 256 sqm Rental: $57,600 PA Gross Sale: $599,999
Daniel Hutchinson 0434 314 624
P 7.5 metre internal height, clear span warehouse P 4 exclusive on-site car parks
daniel@falproperty.com.au
falproperty.com.au
LEASE
391 Bradman Street, Acacia Ridge
BEST IN CLASS
Size: 3,392 sqm From $310,571 PA Net
P Extremely versatile site that will appeal to almost any industrial use. P Fully fenced/secure lot with big power & super high warehouse clearance P Large concrete hardstand plus two street access
John Andrew 0488 018 998
Huw Feeney 0404 830 866
john@falproperty.com.au
huw@falproperty.com.au
P Super high warehouse clearance P 3 overhead cranes - min 7m under hook
24 Hasp Street, Seventeen Mile Rocks
FREESTANDING OPPORTUNITY P 576 sqm of clearspan warehousing/office
LEASE Size: 576 sqm Rental: $55,000 PA Net
P Ground floor/upstairs air-conditioned office spaces P 5 x roller door access P Side hardstand space for container sit down/loading & unloading P 4 allocated car spaces + street parking
Christian Pedersen 0438 822 655 christian@falproperty.com.au
falproperty.com.au
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3 BALACLAVA ST WOOLLOONGABBA
850 ANN ST FORTITUDE VALLEY
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67 LINKS AVE EAGLE FARM
23 ENTERPRISE PL TINGALPA
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LEVEL 1 20 PARK RD MILTON
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3 FLORENCE ST NEWSTEAD
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17 BONIFACE ST ARCHERFIELD
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88 SUMNERS RD SUMNER
SHOP 1 4 MERLIN TCE KENMORE
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43 NARIEL ST ALBION
18 STAMFORD RD INDOOROOPILLY
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87 SPINE ST SUMNER
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SUITE 4 16 MCDOUGALL ST MILTON
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16 SHOEBURY ST ROCKLEA
684 BEAUDESERT RD ROCKLEA
falproperty.com.au
ARE YOU LOOKING FOR A COMMERCIAL PROPERTY MANAGER?
CALL US NOW TO DISCUSS YOUR REQUIREMENTS
LEASE
848 Boundary Road, Richlands
MULTIPLE TENANCIES AVAILABLE Rental: $56,810 - $182,210 PA Net
P High quality corporate grade facility
P Building 1 - office and warehouse options from 600sqm - 1,918sqm P Generous incentives on offer P Building 3 - 357 sqm office/1,551 sqm warehouse P Corporate office accommodation from 450sqm (approx) to 1,061sqm with ample car parking P Great access to Ipswich Motorway & Centenary Highway
John Andrew 0488 018 998 john@falproperty.com.au
falproperty.com.au
FAL Property Group Property Management l
Lease Management
l Financial Management l Facilities Management l Development Consultancy
Our Property Management team has over 100 years combined experience. We use the world’s No. 1 asset management software with a fully integrated FM module.
Experience management redefined.
7/100 Coonan St, Indooroopilly
BEST LOCATED RETAIL IN INDOOROOPILLY Size: 110 sqm
Rental: $66,000 PA Gross
P 110 sqm prime retail P High exposure P Next to Bunnings Hardware P Outbound location
Call us now: 07 3720 9090
10/1311 Ipswich Road, Rocklea
SALE/LEASE
Jeremy Conybeare 0411 228 233 jeremy@falproperty.com.au
55, 201 Wickham Tce, Spring Hill
FIRST CLASS OFFICE ACCOMMODATION
BITE-SIZE MEDICAL SUITE
Size: 155 sqm Sale: $600,000 Rental: $42,850 PA Net
Size: 32 sqm
P High capacity fibre optic internet P Easy access to public transport & major arterials P 24/7 back up power to site P Flood free 2011
John Andrew 0488 018 998 john@falproperty.com.au
LEASE
SALE
Sale: $210,000
P 32 sqm Medical/office P Consult room + reception P Dedicated carpark included P Highly sought after location
Jeremy Conybeare 0411 228 233 jeremy@falproperty.com.au
falproperty.com.au
7/10 Boron Street, Sumner
SALE
PURE WAREHOUSE FROM $100/SQM
CALLING ALL TRADIES Size: 150 sqm
LEASE
6/477 Tufnell Road, Banyo
Sale: $310,000
Size: 88 sqm
Rental: $35,100 PA Net
P 150 sqm small office with AC
P Great height clearspan warehouse
P Not flood affected
P Tidy modern complex
P Container height roller door for easy access
P 4 exclusive carparks
P Front Boron Street exposure
P Ample 3-phase power
Christian Pedersen 0438 822 655 christian@falproperty.com.au
Daniel Hutchinson 0434 314 624 daniel@falproperty.com.au
LEASE
3/69 Montpelier Road, Bowen Hills RETAIL SHOWROOM/OFFICE WITH STORAGE P A rare opportunity to position your business in this highly
Size: 201 sm Rental: $57,000 PA Gross
adaptable retail/showroom or office space in Montpelier Road. P 201 sqm over two levels P Ability to conduct trade on ground floor and office on level one P Two car parking spots
Jack Chuang 0402 205 335 jack@falproperty.com.au
falproperty.com.au
LEASE
385 Sherwood Road, Rocklea
JOIN A LARGE AND VIBRANT BUSINESS COMMUNITY Size: 83 - 432 sqm Rental: from $270/sqm
Just 11 km from Brisbane’s CBD, the Brisbane MarketsŽ offers premium grade office space in a thriving environment where up to 4,000 people work or visit daily. Local buses and trains offer convenient public transport options, while the Ipswich Motorway provides major arterial access and excellent access to surrounding business and residential communities. Onsite services include Australia Post, Chemist Warehouse, newsagency, Anytime Fitness,
Huw Feeney 0404 830 866 huw@falproperty.com.au
Marketorganics Supermarket, cafes and takeaways.
P Premium grade office space ranging from 83-432 sqm P Onsite customer and visitor parking
P Lift access
P 24 hour site security
P Shower and toilet facilities
P Meeting rooms, training rooms and a commercial kitchen available for hire
John Andrew 0488 018 998 john@falproperty.com.au
falproperty.com.au
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706-718 BEAUDESERT RD ROCKLEA
682 BEAUDESERT RD ROCKLEA
123 BOUNDARY RD ROCKLEA
$1,470,000
$330,000 PA
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$1,000,000
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3 JAYBEL ST SALISBURY
28 JENNIFER ST SEVENTEEN MILE ROCKS
$94,525 PA
$1,850,000
35 MILES PLATTING RD EIGHT MILES PLAINS $8,180,000
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131 BRADMAN ST ACACIA RIDGE
15 DULACCA ST ACACIA RIDGE
$1,400,000
33 STOCKWELL PL ARCHERFIELD
$110,440 PA
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2/28 BULLOCKHEAD ST SUMNER
35 WOOMERA PL ARCHERFIELD
$201,000 PA
2/2462 IPSWICH RD DARRA
$540,000 PA
$140,000 PA
Brisbane Southside Industrial Specialists
Huw Feeney 0404 830 866 huw@falproperty.com.au
John Andrew 0488 018 998 john@falproperty.com.au
falproperty.com.au