First Commercial Realty Information Memorandum 198 Gardner Road and 56 Farley Road, Rochedale Issued | 16th December 2013
For Sale By Auction Wednesday 12 February 2014 at 12.00pm
Prepared by Guy Stafford Senior Sales & Leasing Executive First Commercial Realty
PO BOX 7129, East Brisbane Q 4169
P +617 3391 9500 F +617 3391 9599 First Commercial Realty Pty Ltd E BOX info@firstcommercial.com.au PO 7129, East Brisbane Q 4169 W www.firstcommercial.com.au P +617 3391 9500 F +617 3391 9599
1
sales sales leasing leasing asset management asset management
Contents 03
Introduction
04
Sale Details
05
Location
06
Property Details
07
Improvements
08
RUCLP Land Allocation
09
RUCLP Extract
18
Title Searches
21
Survey Plans
25
Contact
26
Disclaimer
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
2
sales leasing asset management
Introduction First Commercial Realty under instruction from the Mortgagee in Possession are pleased to offer for sale by Auction this 9.613 hectare site located at 198 Gardner Road and 56 Farley Road, Rochedale. The 9.613 hectare site is located at the northern end of the Rochedale Urban Community Plan Precinct and is recognised as one of the most anticipated Masterplanned Community developments in South East Queensland. Currently designated “Business Park� under the Local plan however proposed Brisbane City Council amendment to RUCLP (if adopted) changes the zoning to Future Industry which widens permitted use to include Medium Impact industry.
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
3
sales leasing asset management
Sale Details The site is being offered for sale by Auction on Wednesday 12 February 2014 at 12.00pm with sale documents available from the offices of First Commercial Realty, Suite 2, 125 Wellington Road, East Brisbane. The Mortgagee in Possession retains the right (in their absolute discretion) to: • Decline to accept the highest, best value for money, or any offer lodged prior to Auction • Amend the conditions at any time before the closing date; • Withdraw the property, or any part of it, from sale at any time; • Negotiate directly with any person who has lodged an offer; • Accept a non-conforming offer which is a valid offer capable of acceptance; and • Enter into any agreement for sale of the Property on such terms as are acceptable to the Vendor in its discretion. Sale document are available from: First Commercial Realty Mr Guy Stafford Suite 2/125 Wellington Road EAST BRISBANE QLD 4169 Ph: (07) 3391 9500 Fax: (07) 3391 9599
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
4
sales leasing asset management
Location The site is located at 198 Gardner Road and 56 Farley Road, Rochedale, approximately 15 kilometres south of the Brisbane CBD. Rochedale is a well-established and predominantly rural residential area earmarked for a Masterplanned future township. The site is ideally situated to take advantage of the following facilities: Transport • M1 (Pacific Highway)
3.0km
• Gateway Motorway
1.0km
• Mt Gravatt-Capalaba Road
2.0km
Education Facilities • Rochedale High School
3.0km
• Rochedale Primary School
2.3km
• Rochedale South Primary
3.5km
• St. Peters Catholic Primary
2.6km
• Redeemer Lutheran College
2.7km
• Griffith University
6.0km
Shopping • Springwood Business Centre
6.0km
• Westfield Garden City
3.6km
• Kessels Road Retail Precinct
4.7km
• Sunnybank Plaza, Market Square
.6km
And Sunny Park Shopping Centres Other Facilities • Sunnybank Private & Public Hospital
5.6km
• Archerfield Airport
14km
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
5
sales leasing asset management
Property Details Real Property Details
The general details of the property are described below. The details are to be interpreted in the full context of the remainder of this Information Memorandum, which should be read in full.
Address:
198 Gardner Road & 56 Farley Road, Rochedale
General Description:
The property comprises an irregular ‘T’ shaped allotment with two street frontages and an area of 9.613 hectares and being improved with a large mental shed (Farley Road lot) and a substantial residential dwelling (Gardner Road lot).
Real Property Description:
Lot 3 and Lot 6 on RP114765
Title References:
14376003 and 14427083
Total Land Area:
9.613 hectares (approx.)
Local Authority:
Brisbane City Council
Topography & Aspect:
The site generally slopes up from road level to the rear of the allotment with a gentle undulating topography across the allotment.
Roads and Access:
Farley Road is sealed two way, two lane road that ends in a dead end, whilst Gardner Road is a sealed two lane carriageway. The property is accessible for vehicular and pedestrian traffic via both roads.
Zoning:
The property is zoned RU – Rural Area under Brisbane City Council’s City Plan.
The property also falls under the Rochedale Urban Community Local Plan.
The Rochedale Urban Community Plan was gazetted on 28 September 2007 and came into effect on 1 October 2007. The area which includes the subject property shows that the subject property is designated as a Business Park.
In December 2012 Brisbane City Council proposed an amendment to the RUCLP and if applied will change the current Business Park zoning to Future Industry which would widen the permitted use to include Medium Impact Industry.
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
6
sales leasing asset management
Improvements Address:
56 Farley Road, Rochedale
The property is improved with a high clearance metal framed shed of approximately 1260m2, with an attached skillion annex and adjoining concrete hardstand area.
The allotment has been mostly cleared and is currently used for small cropping purposes.
Address:
198 Gardner Road, Rochedale
The allotment is currently used as a residential home.
The property is improved with a two level brick and tile dwelling with attached double lockup garage and multi-bay carport. The dwelling was constructed circa 1970’s and provides 5 bedrooms, 3 bathroom accommodation. The dwelling features a gym with spa and sauna.
Ancillary improvements include established landscaping, fencing and an in-ground pool.
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
7
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
ER ROA
D
GARDN
8
0.22ha
0.57ha
0.395ha
4.87ha
0.13ha
9.61ha
Environmental Protection
Road
District Sports
Business Park
Habitat Areas - Private
Total Area
0
100m 50 mm
1.33ha
Fringe Waterway Corridor
Note:Areas are approximate only.
2.095ha
Core Waterway Corridor
LEGEND
200m 100 mm
300m 150 mm SCALE BAR
PRELIMINARY PLAN FOR DISCUSSION PURPOSES ONLY
D
Y ROA
FARLE
EASEM ENT B ON RP 114765
MACKAY (07) 4951 2911
(07) 4945 1722
PROSERPINE www.thg.com.au
29005-1416-PP01
Drawing No
A
Issue
ABN 55156210052 THG WSG Pty Ltd t/a THG Resource Strategists
Email mail@thg.com.au
BRISBANE (07) 3666 4700
6 RP114765
ROCHEDALE URBAN COMMUNITY LOCAL OVERLAY PLAN (2007)
29005-1416-PP01-AA.dwg
Chkd
KS
Computer File Ref:
Date
23.08.12
1:2000 @ A3 KS KS/AN 23 Aug, 2012
Revisions
No
BCC Rochedale Local Area Plan
Scale: Drawn: Checked: Plot Date:
ORIGINAL ISSUE
A
Data Sources Images
THESE DESIGNS AND DRAWINGS ARE COPYRIGHT AND ARE NOT TO BE USED OR REPRODUCED WITHOUT THE WRITTEN PERMISSION OF THG
© THG RESOURCE STRATEGISTS: 23.08.12
This plan has been prepared for the purposes of an OVERLAY PLAN. It is not to be used by any other person or corporation or for any other purposes.
IMPORTANT NOTES:
GARDNER ROAD
RUCLP Land Allocation
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
9
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
10
sales leasing asset management
Suburb Summary details of properties recently sold in ‘Suburb’ are summarised below:
Address
Land Area (sq m)
Sale Date
Sale Price
Land Rate
5 Fox St, Wynnum
1,197
6/10/2011
$1,105,500
923/sq m
62 Stratton Tce, Wynnum
607
16/3/2012
$600,000
$988/sq m
16 Adam St, Wynnum
440
24/1/2011
$470,000
$1,068/sq m
29 Akonna St, Wynnum
350
14/6/2011
$435,000
$1,242/sq m
70 Tamaree Ave, Wynnum
541
3/5/2012
$390,000
$720/sq m
68 Tamarre Ave, Wynnum
541
26/4/2012
$387,500
$716/sq m
26 Pansy St, Wynnum
476
14/1/2011
$320,000
$672/sq m
87 Emsworth St, Wynnum
405
4/11/2011
$310,000
$765/sq m
26 Waterview St, Wynnum
405
2/5/2012
$305,000
$753/sq m
16 Tulip St, Wynnum
405
14/7/2011
$300,000
$740/sq m
52 Emsworth St, Wynnum
400
19/10/2011
$300,000
$750/sq m
70 Tamaree Ave, Wynnum
541
4/4/2011
$297,500
$549/sq m
56 Uplands Tce, Wynnum
600
11/11/2011
$295,000
$491/sq m
141 Henry St, Wynnum
405
5/3/2011
$290,000
$716/sq m
119 Besham St, Wynnum
405
17/3/2012
$280,000
$691/sq m
71 Jolfre St, Wynnum
404
14/7/2011
$275,000
$680/sq m
21 French St, Wynnum
405
30/4/2012
$275,000
$679/sq m
43 Hutton Ave, Wynnum
424
27/3/2012
$275,000
$648/sq m
12 Hillcrest Ave, Wynnum
400
6/4/2011
$260,000
$650/sq m
2143 Wynnum Rd, Wynnum 449
28/5/2012
$260,000
$579/sq m
Source: RPData & First Commercial Research Whilst this information has been prepared in good faith and with due care, First Commercial makes no representations or warranties (express or implied) in relation to the accuracy, currency, completeness or suitability of the information. This information is intended as a guide only and does not constitute advice nor does it constitute any offer or part of any contract. Any specific measurements, values or quantities contained in this information are approximate and have not been independently verified. Any user of this information should not rely on it but should make their own enquiries to verify and satisfy themselves of all aspects of the information. First Commercial, its officers, employees, subcontractors, agents and clients shall not be liable (to the extent permitted by law) to any person for any loss, liability, damage or expense arising from or connected in any way with any use of, or reliance on, this information.
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
11
sales leasing asset management
TSA Telco Group TSA is one of Australia’s largest national providers of outsourced sales and sales support to organisations needing assistance with their outbound telemarketing, sales consultancy and face to face marketing channels. TSA provide a wide range of products and services to targeted groups of past, existing and prospective residential and corporate customers using an Australian based workforce. With experience and strength in Marketing, Sales and Customer Services, Operations and Channel Commissions, TSA’s management and operations teams take a cooperative and collaborative approach with their clients. These relationships reaffirm their consistent and proven track record as an important and successful channel for generating both relative and absolute sales growth for clients. Contact Solutions, the New & Emerging Business Division of the TSA Group of Companies, has worked with some of Australia’s best known brands to deliver superior sales and service solutions by focusing on premium customer experience, cost effective business process outsourcing and hosted technology solutions.
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
12
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
13
sales leasing asset management
Brisbane Near City Fringe - Southside
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
14
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
15
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
16
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
17
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
18
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
19
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
20
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
21
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
22
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
23
sales leasing asset management
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
24
sales leasing asset management
Contact
Guy Stafford Ph: (07) 3391 9500 Fax: (07) 3391 9599 Mobile: 0430 501 732 Email: guy@firstcommercial.com.au Website: www.firstcommercial.com.au
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
25
sales leasing asset management
Disclaimer This Information Memorandum was compiled using information provided to First Commercial Realty on behalf of the owner and by various sources listed therein. Whilst every care has been taken in preparing this Information Memorandum, First Commercial Realty has not verified the accuracy of the information, nor has First Commercial Realty sought to have the information independently verified. Any opinions and forecasts in this Information Memorandum depend necessarily on the accuracy and correctness of the information and assumptions on which the opinions and forecasts are based for which First Commercial Realty cannot accept responsibility. Neither First Commercial Realty nor the owner makes any representations or warranties of any kind, express or implied in relation to the information, opinions and forecasts contained in this Information Memorandum, including but not limited to the accuracy or completeness of the information, or the enforceability of any documents referred to in the Information Memorandum. The information, opinions and forecasts in this Information Memorandum is not intended to constitute specific advice and accordingly should not be relied upon for any purpose. Recipients of this Information Memorandum should make their own enquiries and investigations to confirm pertinent information, opinions and forecasts contained in this Information Memorandum and seek appropriate independent professional advice in relation thereto. Neither First Commercial Realty, nor any of its associated companies, will accept any responsibility or liability for any loss or damage of whatsoever nature suffered by any person or corporation seeking to rely on any information, advice, opinion or forecast provided in this Information Memorandum or otherwise given by any party in purported reliance on this Information Memorandum. This Information Memorandum is for the exclusive use of the client to whom it is addressed and may not be disclosed to nor used by any other party for any purpose whatsoever. This Information Memorandum, or any part thereof, and any reference thereto may not be included in any published document, circular or statement, without written approval of First Commercial Realty Pty Ltd, or their associated companies, of the form and context in which it will appear. GST Any amounts stated or quoted in this Information Memorandum and any associated documentation is exclusive of any goods and services tax, value added tax, consumption tax or similar tax unless specifically stated otherwise.
First Commercial Realty Pty Ltd PO BOX 7129, East Brisbane Q 4169 P +617 3391 9500 F +617 3391 9599
26
sales leasing asset management