SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT Expressions of Interest – 3 options Presented by Nichols Crowder Property Solutions
22 FEBRUARY 2017
CONTENTS 1.0
GENERAL INFORMATION
2.0
SUBMISSION SITES 2.A HQ MOORABBIN (BROWNFIELD) 254 - 258 Chesterville Rd Moorabbin – Building 4 2.B HQ MOORABBIN (BROWNFIELD) 254 - 258 Chesterville Rd Moorabbin – Building 7 2.C SPRINGVALE (GREENFIELD)1612 Centre Road, Springvale
3.0
PROJECT REQUIREMENTS
4.0
LOCATION REQUIREMENTS
5.0
CONTACT DETAILS
6.0
CONFIDENTIALITY
SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT
FEBRUARY 2017
HQ 254 – 258 Chesterville Rd, Moorabbin SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT
FEBRUARY 2017
HQ MOORABBIN (BROWNFEILD) 254 - 258 Chesterville Road, Moorabbin BACKGROUND HQ Moorabbin is the old Phillip Morris office and manufacturing site at the corner of Chesterville and Cochranes Roads in Moorabbin. The site was fully operational until manufacturing moved off shore in 2014 and office workers have now relocated to Docklands. The site was sold to Up Property Pty Ltd in early 2016 with a long settlement period (May 2017). There are plans to totally renovate and partially redevelop this site. The proposed look and feel is outlined in the attached HQ Moorabbin Brochure. The precinct will become a modern business park with restaurants, child care, office and warehouse facilities. The access to the site is brilliant from Cochranes Road which runs between the major arterials of Warrigal Road and Chesterville Road and there is also access to the rear of the property from a local feeder road which links to South Road. Depending on CHR Hansen’ requirements, there are two possible options on this site.
SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT
FEBRUARY 2017
HQ MOORABBIN 254 - 258 Chesterville Road, Moorabbin 2.A OPTION ONE – BUILDING 4 WAREHOUSE A (SEE PLAN) Zoned Industrial 1 Available for fit out from 1 June 2017 – but later date can be agreed This is a large floorplate of 13,512 m2 which is in two separate parts (Warehouse A and Warehouse B) The warehouse could be split into two with Warehouse A being a great option – 6,200 m2 (approx.) Rent as is (pre-custom fit out requirements) is approx. $465,000 ($75 per m2) plus GST plus outgoings (currently being calculated) There is excellent exposure to Cochranes Road with 1,200 m2 (approx.) of office along the front of Warehouse A. This leaves the warehouse space of approximately 5,000 m2 (approx.) The rear car park (approx. 150 cars) is accessed from South Road with 4,000 m2 (approx.) of hard stand and options of flat loading or dock loading. The combined warehouse and rear land easily satisfies the 8,000 m2 land area and 4,000 m2 building requirement. Warehouse height is 4.5 m (approx.) Up Property is prepared to modify this warehouse to any specifications required by CHR Hansen – funding will be confirmed once development requirements are understood. Up Property is a private ownership group with the intention to hold the site long term. UP Property is going through the process of appointing contractors. They have already appointed a Project Manager for the site and he is currently managing this process. SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT
FEBRUARY 2017
HQ MOORABBIN 254 - 258 Chesterville Road, Moorabbin 2.B OPTION TWO – BUILDING 7 WAREHOUSE (SEE PLAN) Zoned Industrial 1 Available for fit out from 1 June 2017 – but later date can be agreed Building 7 is 4,140 m2 (approx.) of clear span space Building 8 included – fit for purpose dangerous goods. Rent as is (pre-custom fit out requirements) is approx. $300,000 ($75 per m2) plus GST plus outgoings (currently being calculated) There is reasonable exposure to Cochranes Road with great access and potential for great signage on Cochranes Road. The front car park (approx. 115 cars) is accessed from Cochranes Road with hard stand, large roller doors and options of flat loading or dock loading. The combined warehouse and front land easily satisfies the 8,000 m2 land area and 4,000 m2 building requirement. Warehouse height is 6.0 m (approx.) Up Property is prepared to modify this warehouse to any specifications required by CHR Hansen – funding will be confirmed once development requirements are understood. Up Property is a private ownership group with the intention to hold the site long term. UP Property is going through the process of appointing contractors. They have already appointed a Project Manager for the site and he is currently managing this process. SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT
FEBRUARY 2017
HQ MOORABBIN 254 - 258 Chesterville Road, Moorabbin
Attached are the following: Aerial imagery Total Site Plan Building Plans – Building 4 (Warehouse A) and Building 7 Render images
SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT
FEBRUARY 2017
111.4
9.3
BUILDING 7 Minimum Height: 6.1m Maximum Height: 8.1m
34.4
Office & Amenities
34.4
Warehouse
Sunken Loading Bay Roller Shutter Roller Shutter Roller Shutter 7.7m W x 6.5m H 3.5m W x 4.9m H 3.5m W x 5.6m H
Building 4
Roller Shutter Roller Shutter 8.7m W x 5.0m H 8.6m W x 5.0m H
Office
Canopy
GROUND FLOOR
FIRST FLOOR Information Schedule BUILDING 7 GROUND FLOOR Warehouse Office FIRST FLOOR Office & Amenities Total Area (GLA)
T F
3,823 m² 14 m²
A R
303 m² 4,140
D
37 m²
Canopy
0
5
Disclaimer: This plan has been prepared for marketing purposes only. Interested parties should undertake their own enquiries as to the accuracy of the information. Areas are approximate and dimension rounding may result in area discrepancies.
Plan Prepared For:
10
15
20
SCALE 1 : 400
MARKETING DRAWING Building 7, 254-258 Chesterville Road, MOORABBIN, VIC
Date:
29/02/2016
Ref:
58731
sydney Rev:
Drawn: JB
Checked:
Scale: 1:400 @ A3
Sheet:
0
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SPRINGVALE (GREENFIELD) 1612 Centre Road, Springvale (Cnr Clive Street) 2.C
PURPOSE BUILT
The current owner of this site has plans to develop the site into smaller units. However, the owner is very open to larger pre-commitment projects. The total site area is 45,000sqm so can this site can easily accommodate the size required and at this point the building can be located anywhere on the site. The owner will construct the building to suit CHR requirements and plans will be provided once details have been agreed. Zoned Industrial 1 Construction dates to be advised. Building will be constructed to 3,200 – 4,000 m2 (approx.) as per requirement. Land will easily be 9,000 m2 (approx.) or more if required and location on site can be agreed. Rent as is pre-fit out requirements is approx. $550,000 ($137.50 per m2) plus GST plus outgoings (currently being calculated). There is reasonable exposure to Centre Road with further access from Clive Street. Attached are the following: Aerial Total Site Plan SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT
FEBRUARY 2017
1612 Centre Rd, Springvale SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT
FEBRUARY 2017
1612 Centre Rd, Springvale SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT
FEBRUARY 2017
3.0
PROJECT REQUIREMENTS: RE - CAP
OPTION 2A
HQ MOORABBIN - BUILDING 4 WAREHOUSE A The combined warehouse and rear land easily satisfies the 8,000 m2 land area and 4,000 m2 building requirement.
OPTION 2B
HQ MOORABBIN - BUILDING 7 WAREHOUSE The combined warehouse and front land easily satisfies the 8,000 m2 land area and 4,000 m2 building requirement.
OPTION 2C
1612 CENTRE ROAD, SPRINGVALE The land easily satisfies the 9,000 m2 land area and 4,000 m2 building requirement.
In all three options above, the owners will liaise with CHR Hansen to provide the correct configuration and building areas to accommodate their needs.
SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT
FEBRUARY 2017
4.0
LOCATION REQUIREMENTS
SUMMARY HQ Moorabbin is right on the border of the South Eastern commercial / industrial precinct outlined in the EOI Information Pack. The Springvale site fits neatly in the boundary of the Eastern and South Eastern commercial / industrial precinct. All three sites have Industrial 1 zoning. HQ Moorabbin being a brownfield site already has the ability to operate 24/7 with truck access from major roads and through industrial precincts. The Springvale site, being greenfield, requires permits to operate 24/7 but considering the nature of the surrounding Industrial zoned property, this would be low risk. HQ Moorabbin has the ability to store dangerous goods – there is already a separate building fit for purpose. (Building 8, located in front of Building 7.) All three options have major services available – three phase power, water, gas, fast internet connection etc.
FOR SALE - WAREHOUSE AREAS FROM 142 m² FOR CHR HANSEN ON BEHALF OF TM INSIGHT 170SUBMISSION Colemans Road, Carrum Downs
FEBRUARY 2017
4.0
LOCATION REQUIREMENTS
Springvale
Springvale
SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT
FEBRUARY 2017
5.0
CONTACT DETAILS
Should you require further details or have any queries about the attached information, please contact: Sharryn Pottenger Senior Leasing Consultant 0447 520 022 sharryn@nicholscrowder.com.au
NICHOLS CROWDER 358 South Road Moorabbin VIC 3189 (03) 9559 3888
SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT
FEBRUARY 2017
6.0 CONFIDENTIALITY The content of this Expression of Interest is confidential and submitted for the specific purpose of CHR Hansen and TM Insight to make an informed decision. It is presumed this information will be managed appropriately and permission requested should this be shown to a third party.
SUBMISSION FOR CHR HANSEN ON BEHALF OF TM INSIGHT
FEBRUARY 2017