Page 1

Information Memorandum 194 Varsity Pde, Varsity Lakes

PROPOSED GOLD COAST CHILDCARE CENTRE FOR LEASE


CONTENTS 1 6 2 7 3 8 4 9-16 5 17 Overview

Offers to Lease Pro Forms

Growth Factors of The Childcare Market

Key Personnel William Nielson

Childcare Market Snapshot

Approved Plans

Location Summary

Decision Notice Approval

Proposed Lease Particulars

Disclaimer

194 Varsity Parade, Varsity Lakes QLD


CONTACT DETAILS William Nielson

Lease & Sales Executive Savills Gold Coast P: (07) 55 091700 M: 0411 656 815 E: wnielson@savillsgc.com.au

194 Varsity Parade, Varsity Lakes QLD


Overview Savills Gold Coast is delighted to present a proposed childcare centre with development approval, located at 194 Varsity Parade, Varsity Lakes. The subject property is located next door to the Varsity College, in the highly sought-after commercial and education precinct. The premises are owned and managed by ASX Listed BlackWall Property Trust. Current tenants include Coral Homes, WOTSO WorkSpace and Gold Coast City Council. The approved plans are for a part ground floor childcare centre permitted for 83 places across five activity rooms, plus car parking for 20 vehicles on-site with private entrance. Total gross floor area on completion will be 1,171 sqm with 611 sqm of exclusive use outdoor play area. The Landlord is seeking a long-term tenant for their proposed childcare centre with a rate per annum Negotiable Subject to Tenant & Term of Lease. Expenditure for development approval recoverable from incoming tenant. Fit out to commence on agreement with an incoming tenant. Formal offers to lease, closing 4 pm – 12 September 2018.

1 194 Varsity Parade, Varsity Lakes QLD


Growth Factors of The Childcare Market The childcare market in Australia is undergoing significant growth that is driven by an expanding population and the increasing demand for centres and child placements. The industry is well supported by the Australian Government as it is key to the nation’s ongoing economic growth and success.

A forecasted revenue of $13.4 billion in 2017-18

Industry revenue has grown by 8.1% from 2013-2018

In 2017-18 1.3 million children will attend childcare services The childcare industry employs over 180,000 staff and early educators each year Federal Government funding increases to $37.3 billion for families with children in childcare Australia’s birth rate is set to increase by 6.4% over the next 5 years There are more than 4.5 million children aged between 0 -14 in Australia The Australian childcare Industry revenue is forecast to grow to $16.4 billion by 2021 Requirement for additional 300,000 childcare places by 2019-2020

194 Varsity Parade, Varsity Lakes QLD

2


Childcare Market Snapshot Over recent years demand for childcare centre investments within Australia has grown exponentially, as savvy investors identify the exceptionally strong fundamentals of the asset class. The Australian Government recently instructed the Productivity Commission to undertake an inquiry into the future demand, funding and operation of childcare centres throughout Australia. Their findings indicated that an additional 300,000 childcare places are required by 2019-2020 predominately as a consequence of continued population growth and changing household requirements. This unprecedented demand for childcare investments is strongly underpinned by a number of key factors, which make them particularly desirable assets.

These include: •

Long term secure leases to very high quality tenants

Fixed rental increases

Attractive yields in comparison to other asset classes

Record levels of Government investment into the sector.

Australia’s population is forecast to increase to 42.5 million by 2056

An additional 1,600 new long day centres will be needed by 2020 to meet the surging demand

More parents are forced to remain/enter the labour force

There are not many other asset classes that can offer the same level of income security and return that childcare centres can. As a consequence, astute investors are continuing to seek opportunities to enter this rapidly developing sector.

3

194 Varsity Parade, Varsity Lakes QLD


Location Summary Varsity Lakes offers residents an attractive lifestyle on the banks of lake Orr, within walking distance to retail, education, commercial infrastructure and a short drive to the iconic surf beach of Burleigh Heads. Varsity Lakes and Robina is the second largest commercial precinct on the Gold Coast which is expected to grow by 56.3% by 2031, creating an additional 12,723 new jobs. •

Retail and Business Services (including property) are projected to be the largest employment sectors.

The projected population growth on average is 1,264 more residents per year between 2006 – 2036.

Varsity Lakes predominant residents are professional couples aged 20 -29 years with children.

51.9% of homes are owner occupied with a typical monthly mortgage repayment of $1800 - $2399.

194 Varsity Parade, Varsity Lakes QLD

4


Proposed Tenancy Details & Lease Particulars Tenancy Details Address

194 Varsity Parade, Varsity Lakes QLD

Proposed Licensed Places

83 Places

Development Approval Status

Development approval granted 11 April 2018. Fit Out to be commenced on agreement with an incoming tenant

Tenancy Gross Floor Area

560 sqm

Total Playground Area

611 sqm

Car Spaces

Access to 20 casual car spaces

Council

Gold Coast City Council

Lease Details Commencement Rent

Negotiable Subject to Tenant & Term of Lease

DA Expenditure

Recoverable from the tenant

Initial Lease Term

15 Years

Lease Options

Negotiable with tenant

Annual Increases

3% annually

Market Reviews

Every 5 years

Fit Out Contribution

Negotiable

Bond Payable

3 months’ rent cash or bank guarantee + personal guarantees

Formal offers to lease, closing 4 pm – 12 September 2018.

5 194 Varsity Parade, Varsity Lakes QLD


Offers to Lease Pro Forma Property Descriptions 194 Varsity Parade, Varsity QLD Proposed Lease Holder Name:

…………………………………………………………………………………

Address: ………………………………………………………………………………… ABN:

…………………………………...........

Registered for GST?

Yes / No

Contact Person: …………………………………........... Telephone: ………………………

Facsimile: ………………………

Email: ………………………...............

Proposed Lease Price Per Annum (Plus GST) $ ……………………………. + GST Lease Term: ………………………………………………………………………………….. Lease Start Date: ………………………………………………………………………………….. Lease Option Terms: ………………………………………………………………………………….. Special Conditions …………………………………………………………………………………....……………………………......………………… …………………………………………………………………………………....……………………………......………………… …………………………………………………………………………………....……………………………......………………… Savills Trust Account Details Bank:

Bank of Queensland

BSB:

124-022

Account No:

22563941

Account Name: Savills Gold Coast Trust Account

194 Varsity Parade, Varsity Lakes QLD

6


Key Personnel William Nielson Expertise • • • •

Commercial Office Leasing Retail Leasing Commercial and Retail Sales Commercial Asset Management

Qualifications William Joined the Savills GC team in early 2018 from Brisbane, where he began his career as a intern in the Savills office. With almost 3 years’ experience in commercial property market in Brisbane and the Gold Coast. Previous to this he completed a Bachelor of Business, majoring in Marketing and Property Development at Griffith University Gold Coast.

William has proven himself apt at thinking outside of the square and delivering outcomes favourable to all interested parties. Furthermore, his experience in both Gold Coast and Brisbane markets gives him unique understand of a broad product range and user groups.

Leasing & Sales Executive Savills Gold Coast P: (07) 55 091700 M: 0411 65 6815 E: wnielson@savillsgc.com.au

William Nielson

Annexures Annexures Annexure 1) Approved Plans Annexure 2) Signed Decision Notice Approval with Condition

715194 165-171 Rd, Nerang QLD Varsity Beaudesert-Nerang Parade, Varsity Lakes QLD

Bachelor of Business, Majoring in Marketing & Property Development Griffith University Gold Coast Real-Estate Certification of Registration


N O

R T

H

Approved Plans 80m

BOUNDARY

LANDSCAPE STRIP

390 m2 approx

TENANCY 3 & 4

REF

STORE

WC

V A RS IT Y P A RA D E

PLANTER

BOUNDARY

x2 level C bicycle spaces on bicycle rail BASEMENT RAMP

3650

x2 level B bicycle spaces on both side of rail in fenced enclosure bicycle parking to AS2890.3-2015 Parking Facilities-Bicycle Parking Facilities

1500

1300

clear sightlines on both sides of acoustic fence

1700

+RL5.00

LANDSCAPE STRIP

TENANCY 5

COMMS

1.8m high security fence

wall mounted lights

73 m2 approx

UP FHR

STORE 2 m2

COMMS

MALE

PWD

CHANGE 5 m2

500

+RL4.905

NURSERY 12 PLACES 44 m2 3.6m² per child WC 6 m2

10 m2 STORE

ENERGEX TRANSFORMER

+RL5.15

CHANGE ROOM 6 m2

2.5m & 3m high fence in staggered arrangement

1

shared area

HYDRANT AND SPRINKLER BOOSTER

2

shared area

2400

JUNIOR TODDLER 12 PLACES 54 m2 4.5m² per child

roof at 3m min. above ground level

FIRE STAIR 2

+RL5.10

+RL5.10

clear sightlines on both sides of acoustic fence

UP FIRE STAIR 1

DRIVEWAY

+RL5.25

3

vehicle impact wall 0.9m high to struct. engr design. 0.9m high security fence on top

ENTRY FHR

UP

LOWER ATRIUM LOUNGE

SLEEP ROOM 12 COTS 26 m2

FHR

5 4 +RL5.35 +RL5.23

EXIT STAIR

2 m2

SENIOR TODDLER 15 PLACES 60 m2 4.0m² per child

COMMS

MEETING 13 m2

FEMALE

STORE 2 m2 STORE

CORRIDOR 64 m2

20

CHANGE ROOM

TR

18 19

7

+RL5.33

8

52m

PLANTER

6

TOTAL OUTDOOR AREA 611 m2

ENTRY

10 m2

RL5.15+

MS

A KINDER 22 PLACES 76 m2 3.5m² per child

WC

+RL5.00

COM

A

54 m2 approx

UP

WC 4 m2

DIRECTOR 12 m2

TENANCY 2

PRE SCHOOL 22 PLACES 77 m2 3.5m² per child

220 m2 approx

6 m2

TENANCY 1

6 m2

EXISTING PATH

FIRE STAIR 3

GE N S RO O M

STAFF 32 m2

STORE 5 m2

REF

DUAL PILLAR HYDRANT

16 17

15

10 9

PWD 8 m2

LAUNDRY 8 m2

KITCHEN 18 m2

0.9m high noise barrier fence on wall

2500

RL5.125 +

RL5.025+

PLANNING 13 m2

STORE 12 m2

REVERSING BAY

RL5.20+

SW IT CH

14

12

bulk bin 2040 x 1050

45°

RL4.95+

EXIT STAIR

RL5.30 +

13

RL4.83+

110°

REF U SE

ME CH RIS E R

S P R I N KL E R V A LV E CB D

F IR E

PU M P

new access path

BOUNDARY

Note: Fitout Plan of Childcare Centre by Sprout Architect WAH ARCHITECTS PTY LTD

MCU201701469 P.O.BOX 5223 GREENWICH Application No:…………………………………….

ABN 35 126 035 032 NSW 2065

tel. 02 9427 0282 fax. 02 9427 0281 m. 0415 292 383

23 April 2018 email. yap@waharchitects.com.au Dated: ……………………………………………..

Nominated Architect: Kok Wah Yap Reg.No.4949

DATE

BY YAP YAP

29.03.16 WINDOW ADDED TO NURSERY

YAP

C

26.04.16 ACOUSTIC FENCE & ROOF ADDED

YAP

D

Development shall comply with the conditions of approval as detailed in the Decision Notice and Council’s Planning Scheme, Local Laws and Planning Policies

E

5.08.16 VEHICLE IMPACT WALL ADDED

YAP

6.12.17 RESPONSE TO COUNCIL LETTER 9/11/17

YAP

F

11.12.17 BULK BIN ADDED

YAP

G

26.03.18 BICYCLE PARKING ADDED

YAP

CLIENT

TITLE

PROJECT

GROUND FLOOR PLAN TENANCY PLAN

SILVER @ THE EXCHANGE

0

Level 2, 50 Yeo Street NEUTRAL BAY

1

2

3

4

5

6

7

Copyright WAH Architects Pty Ltd

LOT 901, VARSITY PARADE, VARSITY LAKES ROBINA , GOLD COAST

8

9 10 M

JOB Nº.

50016 SK01

DATE

26.03.18

DRAWING Nº.

SCALE

1:250 @ A3

PRELIMINARY

REVISION

G

boundary

Figured dimensions take preference to scale readings. Verify all dimensions on site.Report any discrepancies to the Architect for decision before proceeding with the work. If the Status of this drawing is not signed off For Construction it may be subject to change or amendment at the discretion of WAH Architects Pty Ltd. in which, WAH Architects Pty Ltd is not liable for any loss, damage, harm or injury whether special, consequential, direct or indirect, suffered by you or any other person as a result of your use of this drawing for construction purposes.

REVISIONS

11.03.16 ISSUED FOR REVIEW 16.03.16 ISSUED FOR REVIEW

B

3RD FLOOR RL 16.660

2ND FLOOR RL 13.060

existing trees

top of fence & roof shown dotted

new canopy & roof

new alumminium framed glazed window & door

1ST FLOOR RL 9.460

security fence beyond

GRD FLOOR RL 5.460

SL P

SL P

P

P

existing planters in front dotted

SOUTH ELEVATION (FENCE)

P

SL P

P

P

P

SL

SL P

P

P

P

P

P

P

P

P

SL P

P

P

P P

P

window(w) 600x600 typical

security lighting (SL)

edge beam

post

1:200

SL

perspex(P) selected lining

1:200

OUTDOOR PLAY AREA

PLANS AND DOCUMENTS referred to in the DEVELOPMENT APPROVAL

P

vehicle impact wall 0.9m high to struct. engr design. 0.9m high security fence on top

1ST FLOOR

new roof & gutter

GRD FLOOR RL 5.460

MCU201701469 Application No:…………………………………….

TEN A NC Y

existing ceiling

RL 9.460

KINDER

CORRIDOR

P

3000

P

500

P

2780

SL P

2500

P

1200

P

2500

P

existing planters roof canopy

top of security fence visual indicator shown dotted store room beyond

new wall

WEST ELEVATION

3600

gap for ventilation

new canopy & roof

garbage store

1.8m high security fence prefinished metal acoustic fence (2.5m min) roof 3m min above ground level acoustic fence (3m min) 55 blanket & 6mm fibrous cement painted fc with to u/s of roof expressed joints ceiling timber lined

1:200 existing trees in front

SL

new alumminium framed glazed window & door

store room

store room beyond

SOUTH ELEVATION

4000

NOTE

Nº. A

N

PLANS AND DOCUMENTS referred to in the Drawing 15022 SD01 Rev.P5 DEVELOPMENT APPROVAL

DIRECTOR

23 April 2018 Dated: …………………………………………….. demolish existing wall

Development shall comply with the conditions of approval as detailed in the Decision Notice and Council’s Planning Scheme, Local Laws and Planning Policies

store beyond

SECTION A - A WAH ARCHITECTS PTY LTD ABN 35 126 035 032 P.O.BOX 5223 GREENWICH NSW 2065 tel. 02 9427 0282 fax. 02 9427 0281 m. 0415 292 383 email. yap@waharchitects.com.au Nominated Architect: Kok Wah Yap Reg.No.4949

NOTE

Figured dimensions take preference to scale readings. Verify all dimensions on site.Report any discrepancies to the Architect for decision before proceeding with the work. If the Status of this drawing is not signed off For Construction it may be subject to change or amendment at the discretion of WAH Architects Pty Ltd. in which, WAH Architects Pty Ltd is not liable for any loss, damage, harm or injury whether special, consequential, direct or indirect, suffered by you or any other person as a result of your use of this drawing for construction purposes.

Nº.

DATE

soft fall finish to playground area

existing structure existing column

BASEMENT PARKING

BASEMENT PARKING 1:100 REVISIONS

-

29.03.16 ISSUED FOR REVIEW

A

26.04.16 ACOUSTIC FENCE & ROOF ADDED

BY YAP

CLIENT

YAP

6.12.17 RESPONSE TO COUNCIL LETTER 9/11/17

YAP

C

11.12.17 RESPONSE TO COUNCIL LETTER 9/11/17

YAP

D

26.03.18 ACOUSTIC WALL AMENDED

YAP

B

aluminium framed glazed window & doors

TITLE

PROJECT

ELEVATIONS & SECTION GROUND FLOOR WORKS

SILVER @ THE EXCHANGE

0

Level 2, 50 Yeo Street NEUTRAL BAY

0

1

2

1

3

4

2

5

6 M

3M

Copyright WAH Architects Pty Ltd

LOT 901, VARSITY PARADE, VARSITY LAKES ROBINA , GOLD COAST

JOB Nº.

50016

1:200

DATE

26.03.18

DRAWING Nº.

SK02

1:100

SCALE

1:200 @ A3 1:100 @ A3

PRELIMINARY

REVISION

D

194 Varsity Parade, Varsity Lakes QLD

8


Decision Notice Approval Our reference: Your reference:

PN284824/01/DA2 MCU201701469

Decision notice — approval (with conditions) (Given under section 63(2) of the Planning Act 2016) Date of decision notice:

17 April 2018

Applicant details Applicant name:

TRUST COMPANY LIMITED AND IN8 FOREVER PTY LTD

Applicant contact details:

Trust Company Limited And In8 Forever Pty Ltd C/- Urbis Pty Ltd Level 2 64 Marine Parade SOUTHPORT QLD 4215

Application details Application number:

MCU 201701469

Approval sought:

Material change of use

Details of proposed development:

Development permit for making a material change of use (Code assessment) for Child care centre and the continuation of existing uses for Office, Food and drink outlet, and Indoor sport and recreation

Location details Street address:

194 Varsity Parade, Varsity Lakes

Real property description:

Lot 0 on SP170548 , Lot 1 on SP170548 , Lot 2 on SP170548 , Lot 3 on SP170548

Decision Date of decision:

11 April 2018

Decision details:

Under Delegated Authority, the Manager of the City Development Branch of Council has resolved to approve the development application in full with conditions

Referral agency(s) for the application The referral agencies for this application are: For an application involving

Name of referral agency

Advice agency or concurrence agency

Address

All or part of the premises are within 100m of a substation site

Energex

Advice agency

kirstensellers@energex.com.au

Details of the approval Development permit for making a material change of use for Child care centre and continuation of existing uses for Office, Food and drink outlet, and Indoor sport and recreation

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13 9 194 Varsity Parade, Varsity Lakes QLD

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Decision Notice Approval Conditions The conditions that have been imposed by Council, as Assessment manager, are enclosed. Further development permits The following development permits are required to be obtained before the development can be carried out: 

Operational works - landscape works

Notwithstanding the above, other approvals/development permits may be required. Properly made submissions Not applicable—No part of the application required public notification. Currency period for the approval (section 85 of the Planning Act 2016) In accordance with section 85 of the Planning Act 2016, this approval has a currency period of six years. This approval will lapse on 17 April 2024. Approved plans and drawings Approved plans and drawings are attached and are identified in the conditions imposed by Council as the Assessment manager. Appeal rights Applicant

You have appeal rights in relation to this decision. An appeal may be made against, as applicable:  

the refusal of part of the development application; or a provision of the development approval; or

if a development permit was applied for, the decision to give a preliminary approval. An appeal must be started within 20 business days after this notice is given to you. An appeal may be made to the Planning and Environment Court or, for certain matters which are identified in section 1(2) of Schedule 1 of the Planning Act 2016, to a development tribunal. An appeal is started by lodging a notice of appeal with the registrar of the Planning and Environment Court or a development tribunal, as applicable. The notice of appeal must be in the approved form, succinctly state the grounds of the appeal and be accompanied by the required fee. An appellant to the Planning and Environment Court must give a copy of the notice of appeal, within 10 business days after the appeal is started, to the persons identified in section 230(3) of the Planning Act 2016. A person who is appealing to the Planning and Environment Court must comply with the rules of the court that apply to the appeal. An extract of Chapter 6, Part 1 and Schedule 1 of the Planning Act 2016 is attached to this notice, which sets out further information about the appeal rights. 

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Page 2 of 10

194 Varsity Parade, Varsity Lakes QLD

10


Decision Notice Approval Conditions imposed by Council as Assessment manager General 1. 1Timing All conditions of this development approval must be complied with at no cost to Council at all times unless otherwise stated in another condition. 2. 3Amended drawings Prepare and submit amendments to the drawings for confirmation they constitute the approved drawings for the purposes of this development approval. All amended drawings must be submitted (and confirmed by Council) prior to commencement of any works on site. Drawing Title

Author

Date

Drawing No.

Ver

Ground Floor Plan Tenancy Plan

WAH architects

11.12.17

SK01

F

Elevations & Section Ground Floor Works

WAH architects

11.12.17

SK02

F

The following amendments must be included: a. Show a minimum of 2 security level B bicycle parking spaces and 2 security level C bicycle parking spaces, designed in accordance with AS2890.3:2015 Parking Facilities Part 3: Bicycle Parking. b. Show acoustic treatment wall no higher than 1.2 metres of solid non-transparent materials as per Noise Impact Assessment Childcare Centre at Silver @ The Exchange, Varsity Lakes and to facilitate casual surveillance, acoustic treatment wall 1.2 metres and above to be constructed of transparent perspex or similar. 3. 4Approved plans Undertake and maintain the development generally in accordance with the following plans: Health and Regulatory Services Plan Title

Author

Date

Plan Reference No.

Ver

Noise Impact Assessment Childcare Centre at Silver @ The Exchange, Varsity Lakes

ATP Consulting Engineers

May 2016

ATP160306-R-NIA-01

0

Amenity 4.

Staff and students on site – Child care centre (Specific condition) Maximum number of staff is restricted to 18 staff; and Maximum number of students is restricted to 83 students.

5.

Hours of operation and loading and unloading – Child care centre Undertake all activities (including loading and unloading activities) associated with the operation of the use only between the hours of 6.30 am to 6.30 pm Monday to Friday.

6.

Screening of visually offensive components – Child care centre Locate and screen the following components of the development so that they are not visible from any road to which the site has frontage, adjoining premises or otherwise on display from any public thoroughfare or vantage point: a. Refuse storage areas

67997616

1115194 165-171 Rd, Nerang QLD Varsity Beaudesert-Nerang Parade, Varsity Lakes QLD

Page 4 of 10


Decision Notice Approval b. c. d. e.

Service equipment Mechanical ventilation Refrigeration units Storage areas for machinery, materials, vehicles or the like.

Environmental and Landscaping 7.

Landscaping works on private land a. Obtain an operational works approval to landscape the site prior to commencement of the use at no cost to Council and include in particular:

b.

i.

Existing vegetation must be retained and protected wherever possible; replacement tree species must be a minimum bag size of 200L at the time of planting.

ii.

Palm species must be a minimum 3 metres in height at the time of planting.

iii.

Shrub species must be a minimum 200mm pot size at the time of planting.

iv.

Details of the outdoor play area component must be included.

v.

Tree species planted with root zones adjacent to structures must have root control barriers and/or structure strengthening systems installed. Full demonstration of these systems is required.

vi.

New or modified planter boxes where trees are to be planted must possess a minimum surface area of 6m². Tree species must be chosen which are suitable for root zones growing in confined planting locations.

vii.

Planter boxes containing tree species potentially exposed to prevailing winds or funnelled wind must be designed with root plate anchorage strengthening considerations or similar to prevent failure.

Construct and maintain the private landscaping identified above at no cost to Council at all times.

Transport 8.

Off street vehicle and car parking facilities (specific condition) a. Design, construct and maintain off street vehicle facilities at no cost to Council prior to the commencement of the use, generally in accordance with the Transport code of the City Plan and include in particular: i. Maintain a minimum of 144 freely accessible car parking spaces in the basement levels for staff and bona fide visitors to the site. ii. Design and construct a minimum of 20 freely accessible car parking spaces on the ground floor for staff and bona fide visitors to the site, which include the following: o Provide no less than 10 car parking spaces allocated for visitors of the Child care centre only, before 8:30am and after 4:00pm; and o Provide clear signage of these allocated car parking spaces and time restrictions. iii. All spaces are drained, sealed and line marked. iv. Clearly identified signage and directional markings including: o Signs and line marking to identify persons with disabilities parking (AS2890.6). b. Maintain the off street vehicle and parking facilities at no cost to Council at all times.

9.

Off street bicycle parking and end of trip facilities a. Design, construct and maintain a minimum of 4 off street bicycle parking facilities at no cost to Council generally in accordance with the Transport Code of the City Plan and include in particular: i. A minimum of 2 Security Level B spaces for staff.

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194 Varsity Parade, Varsity Lakes QLD 12


Decision Notice Approval ii. iii.

A minimum of 2 Security Level C spaces for visitors. Signs and line marking to give direction to visitor bicycle parking, to be visible to cyclists upon entering the site, in accordance with AS2890.3. Signage and line marking is to be provided along the route and where bicycle parking is provided. b. Undertake all works prior to commencement of the use. Engineering 10. Telecommunications network Design, construct and connect a telecommunications services network at no cost to Council and include in particular: i. Provide underground telecommunications to the subject building/s, lead-in conduits and equipment space/s in a suitable location within the building/s, to suit the carrier of choice. ii. All new pit and pipe infrastructure required to be installed within the public road fronting the site, must be suitably sized to cater for future installation of fibre optic cables. iii. Meet the relevant telecommunications industry standards (e.g. Telstra/NBN Co standards). Stormwater Drainage 11. Overland flow paths and hydraulic alterations

a. Leave unaltered the overland flow paths on the site, such that the characteristics of existing overland flows on other properties remain uninhibited and unchanged.

b.

The development must not: i.

Increase peak flow rates downstream from the site

ii.

Increase flood levels external to the site

iii.

Increase duration of inundation external to the site that could cause loss or damage

Construction Management 12. Certification of works Provide Council with certificates prepared by qualified experts from the disciplines listed below, confirming as follows: Health and Regulatory Services Certified document

Certification date

Plan/ Drawing

Expert discipline

Requesting Council Section

Acoustic compliance report

Prior to commencement of the use

Noise Impact Assessment Childcare Centre at Silver @ The Exchange, Varsity Lakes prepared by ATP Consulting Engineers dated May 2016 (ref. ATP160306R-NIA-01).

Acoustic Engineer

Health and Regulatory Services

67997616

13 13 194 Varsity Parade, Varsity Lakes QLD

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Decision Notice Approval The certification is to confirm: The development has been designed in accordance with the established noise criteria and recommendations outlined in an approved Acoustic Report. Health and Regulatory Services Certified document

Certification date

Plan/ Drawing

Expert discipline

Requesting Council Section

Bulk bin storage point

Prior to commencement of the use

Ground Floor Plan Tenancy Plan prepared by WAH Architects P/L dated 11/12/17 (ref.SK01 F)

Suitably qualified person

Health and Regulatory Services

The certification is to confirm: The bulk bin servicing point has been located, designed and constructed in accordance with SC6.13 City Plan policy – Solid waste management, section 13.14 – Bin servicing points. Subdivision Engineering Certified document

Certification date

Contractual agreement (e.g. Agreement Advice or Completion Letter from Telstra. Alternatively, a copy of Master Development Agreement or Small Development Agreement from NBN Co).

Prior to Commencement of the use

Plan/ Drawing

Expert discipline The authorised telecommunicati on carrier (e.g. Telstra or NBN

Requesting Council Section Development Compliance

The certification is to confirm: i. The provision of telecommunication infrastructure has been undertaken and installed in accordance with telecommunications industry standards (e.g. Telstra/ NBN standards). Plumbing and Drainage Act 2002 13. Plumbing and drainage works a. Obtain a compliance permit for all plumbing and drainage work prior to commencement of the work. Note: A compliance permit for plumbing and drainage works cannot approve the discharge of trade waste to Council’s sewerage system. The generator of trade waste must complete an application for approval to discharge trade waste to Council’s Sewerage System (available on Council’s website).

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165-171 Beaudesert-Nerang Rd, Nerang QLD 18 14 194 Varsity Parade, Varsity Lakes QLD


Decision Notice Approval Advice Notes A.

Compliance with conditions Once this development approval takes effect, the conditions attach to the land and are applicable in perpetuity. It is a development offence to contravene a development approval, including any of its conditions.

B.

Further development permits/compliance permits Further development permits and/or compliance permits from Council are required to facilitate the development of the approved works identified in this decision notice. These include: Landscape Assessment -

Operational works - landscape works

A copy of this decision notice and accompanying stamped drawings/plans must be submitted with any subsequent application identified above. C.

Indigenous cultural heritage legislation and duty of care requirement The Aboriginal Cultural Heritage Act 2003 (‘ACHA’) is administered by the Department of Aboriginal and Torres Strait Islander and Multicultural Affairs (DATSIMA). The ACHA establishes a duty of care to take all reasonable and practicable measures to ensure any activity does not harm Aboriginal cultural heritage. This duty of care: a. Is not negated by the issuing of this development approval; b. Applies on all land and water, including freehold land; c. Lies with the person or entity conducting an activity; and d. If breached, is subject to criminal offence penalties. Those proposing an activity involving surface disturbance beyond that which has already occurred at the proposed site must observe this duty of care. Details of how to fulfil this duty of care are outlined in the duty of care guidelines gazetted with the ACHA. The applicant should contact DATSIMA’s Cultural Heritage Coordination Unit on (07) 3405 3050 for further information on the responsibilities of developers under the ACHA.

D.

Applicant responsibilities The applicant is responsible for securing all necessary approvals and tenure, providing statutory notifications and complying with all relevant laws. Nothing in this decision notice alleviates the need for the applicant to comply with all relevant local, State and Commonwealth laws and to ensure appropriate tenure arrangements have been made where the use of/reliance upon land other than that owned by the applicant is involved. Without liming this obligation, the applicant is responsible for: a. Obtaining all other/further necessary approvals, licences, permits, resource entitlements etc by whatever name called required by law before the development the subject of this approval can be lawfully commended and to carry out the activity for its duration; b.

Providing any notifications required by law (by way of example only, to notify the administering authority pursuant to the Environment Protection Act 1994 of environmental harm being caused/threatened by the activity, and upon becoming aware the premises is being used for a ‘notifiable activity’);

c.

Securing tenure/permission from the relevant owner to use private or public land not owned by the applicant (including for access required by conditions of approval);

d.

Ensuring the correct siting of structures on the land. An identification survey demonstrating correct siting and setbacks of structures may be requested of the applicant to ensure compliance with this decision notice and applicable codes;

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1515194 165-171 Rd, Nerang QLD Varsity Beaudesert-Nerang Parade, Varsity Lakes QLD

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Decision Notice Approval e.

Providing Council with proof of payment of the Portable Long Service Leave building construction levy (or proof of appropriate exemption) where the value of the Operational Works exceed $150,000. Acceptable proof of payment is a Q.Leave –Notification and Payment Form approved by the Authority. Proof of payment must be provided before Council can issue a development permit for the Operational works. This is a requirement of section 77(1) of the Building and Construction Industry (Portable Long Service Leave) Act 1991; and

f.

Making payment of any outstanding Council rates and charges applicable to the development site prior to the lodgement of subdivision plans.

g. Obtaining any necessary local government/state approvals where works require the installation of temporary ground anchoring into adjacent Road Reserves. Where ground anchoring is proposed into an adjacent private property, approval from the relevant property owners(s) is required E.

Infrastructure charges Infrastructure charges are now levied under a Charges Resolution by way of an Infrastructure Charges Notice, which accompanies this decision notice.

F.

Notice of works timetable The applicant is responsible for providing a Notice of works timetable for Commencement of work to Council’s Development Compliance section. A copy of Council’s Notice of works timetable is available for viewing on Council’s website http://www.goldcoast.qld.gov.au/documents/fa/fm579_notice-of-works.pdf

Statement of reasons (given under section 63(4) of the Planning Act 2016) Details of proposed development Assessment benchmarks

The proposed development is for Child care centre and continuation of existing uses for Office, Food and drink outlet, and Indoor sport and recreation. The following assessment benchmarks applied to the proposed development: 

Reasons for decision

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Centre zone code;

Child care centre code;

Acid sulfate soils overlay code;

General development provisions code;

Healthy waters code;

Transport code

Following an assessment of the development application against all of the assessment benchmarks listed above, it was determined the development complies with the assessment benchmarks.

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194 Varsity Parade, Varsity Lakes QLD 16


Disclaimer Whilst every care has been taken in preparing this proposal, Savills has not verified the accuracy of the information, nor has Savills sought to have the information independently verified. Any opinions and forecasts in this proposal depend necessarily on the accuracy and correctness of the information and assumptions on which the opinions and forecasts are based for which Savills cannot accept responsibility. Neither Savills 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 proposal, including but not limited to the accuracy or completeness of the information, or the enforceability of any documents referred to in the proposal. The information, opinions and forecasts in this proposal is not intended to constitute specific advice and accordingly should not be relied upon for any purpose. Recipients of this proposal should make their own enquiries and investigations to confirm pertinent information, opinions and forecasts contained in this proposal and seek appropriate independent professional advice in relation thereto. Neither Savills Gold Coast, nor any of its agents or 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 proposal or otherwise given by any party in purported reliance on this proposal. This proposal 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 proposal, or any part thereof, and any reference thereto may not be included in any published document, circular or statement, without written approval of Savills (Aust) Pty Limited and Paket Pty Ltd T/AS Savills Gold Coast, or their associated companies, of the form and context in which it will appear. All property outlines are indicative only. GST Any amounts stated or quoted in this proposal and any associated documentation is exclusive of any goods and services tax, value added tax, consumption tax or similar tax unless specifically stated otherwise. The information in this proposal (including all appendices) constitutes confidential information which is disclosed to the recipient solely for the purpose of assessing Savills’ management and leasing capabilities. The confidential information is for the exclusive use of the recipient and may not be disclosed to nor used by any other party for any purpose whatsoever. Copyright The copyright in this proposal (including all appendices) vests in Savills.

13 17 194 Varsity Parade, Varsity Lakes QLD


165-171 Beaudesert-Nerang Rd,Varsity Nerang QLDQLD 18 194 Varsity Parade, Lakes 18


Savills Gold Coast PO Box 1100, Southport BC QLD 4215

P: (07) 5509 1700 F: (07) 5509 1799 E: goldcoast@savillsgc.com.au www.savills.com.au

Information Memorandum - 194 Varsity Parade, Varsity Lakes  
Information Memorandum - 194 Varsity Parade, Varsity Lakes  
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