INFORMATION MEMORANDUM | 19-20 LOWER MILL ROAD, COOROY

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RAY WHITE COMMERCIAL NORTHERN CORRIDOR GROUP INFORMATION MEMORANDUM 1 9 2 0 L O W E R M I L L R O A D , C O O R O Y Q 4 5 6 3
CONTENTS 03 | The Opportunity 04 | Executive Summary 05 | About Cooroy 10 | Floor Plan 12 | Sunshine Coast Major Projects 13 | Disclaimer

THE OPPORTUNITY

Emily Pendleton and Christine Freney from Ray White Commercial Northern Corridor Group are pleased to present to market for sale 19-20

Lower Mill Road, Cooroy

Land Area: Lot 3 9,789m2 Lot 4 - 1,113m2 (10,903m2 in total)

Zoning: Medium Impact Industry

Building Areas:

Ground Floor Office - 288m2

Mezzanine Office - 200m2 Warehouse - 2,486m2 Demountable Office 77m2 Storage Shed 328m2 Hardstand 5,173m2

building is panted

* Approx mate EMILY PENDLETON 0402 435 446 CHRISTINE FRENEY 0417 757 645 SALES & LEASING EXECUTIVE emily pendleton@raywhite com SALES & LEASING EXECUTIVE christine.freney@raywhite.com
Improvements: Solar system (100kw), all lights replaced to LED, admin
and carpets are replaces and data networking is extended/relaced to cover all site Current Income: The property is currently returning circa $240,000 P/A Net + Outgoings + GST. However, the lease is on a flexible term so the opportunity would still suit an owner occupier or developer.
EXECUTIVE SUMMARY CHRISTINE FRENEY 0417 757 645 christine freney@raywhite com EMILY PENDLETON 0402 435 446 emily.pendleton@raywhite.com ADDRESS REAL PROPERTY DETAILS LAND AREA BUILDING AREA Sunshine Coast Regional Council Medium Impact Industry Zone $240,000 P/A Net + Outgoings + GST (periodic lease) Offers Invited MARKETING AGENTS 19 Lowermill Road, COOROY Q 4563 Lots 3 4 on Survey Plan 173771 Lot 3 9,789m2 Lot 4 - 1,113m2 Total 10,903m2 Ground Floor Office 288m2 Mezzanine Office - 200m2 Warehouse 2,486m2 Demountable Office 77m2 Storage Shed 328m2 CURRENT INCOME SALE METHOD ZONING LOCAL AUTHORITY

ABOUT COOROY

Cooroy truly is the heart of the hinterland and can be described in one word as relaxed Cooroy is in south eastern Queensland, located in the northern Sunshine Coast hinterland about 120 kilometers north of the State capital, Brisbane, and about 22 kilometers inland from the coast at Noosa Heads The population is 3,459 (2011 census)

Cooroy’s name came from the Cooroy Mountain, which was originally called Coorooey, from the Aboriginal word for possum, kauri

The area was explored by timber cutters as early as 1863.

Cooroy railway station was opened in 1891 and in the same year a post office opened A town survey was conducted in 1907

Cooroy’s main industry developed from timber, having two operating sawmills, into dairying and fruit growing In 1915, a butter factory opened, which is now operating as an Art and Craft Gallery

The town was bisected by the Bruce Highway, the major northern route in Queensland until a bypass was built

FLOOR PLANS

MAJOR PROJECTS REGIONAL ECONOMIC

DEVELOPMENT

S UNS HINE C OAST AIRPOR T

MAJ O R E X PANS ION

PR OJE C T

$ 2 2 5 M I L L I O N

The a rport expansion project will deliver a brand new 2450m x 45m runway, runway end tax way loops, an expanded apron and terminal faci ities new access roads and utilities

The project will enab e direct flights to more destinations across Australia, Asia and the Western Pacific, enhancing national and global connections It w ll generate jobs and economic growth boost tourism, help export businesses and secure air access to the Sunshine Coast

The airport expansion wi l have the increased capacity to attract up to 2 mi lion more passengers annually by 2040

B RU C E HI G HWAY

E X PANS ION & U P G RADE $ 1 .6 BILLION

The upgrade will deliver critical safety benefits to motorists, improve efficiency and reduce traffic congestion, and ensure the highway can cater for future traffic growth

The upgrade is vital for the continued development of the Sunsh ne Coast and with its increased capacity, the h ghway will provide safer and more efficient trave for commuters and industry along this stretch

The upgrade will separate long distance traffic from local traffic movements, allowing the highway to function as a high speed high vo ume corridor

THE B RI G HT CITY N E W COAS T CITY CENTR E

With world class innovative design at its core the new Maroochydore city centre of the Sunshine Coast is set to become the epicentre of commerce techno ogy, innovat on enterta nment and inner-c ty l ving Designed for the 21st Century this ground breaking development will be embedded with smart technology throughout, to create a cleaner more dynamic city centre that’s not only desirable and l veable; it will have a transformative impact on the reg on ’ s economy

S U S H I N E C O A S T

Sunshine Coast University Hospital (SCUH) is a tertiary teaching hospital servicing al parts of the Sunshine Coast and Gympie regions

SCUH saw its first patients on 21 March 2017 and was officially opened on 19 Apri 2017 by the Queensland Premier and Minister for Hea th and Minister for Ambulance Services

SCUH opened with about 450 beds with plans to grow to 738 beds by 2021 Services and capacity at SCUH w ll continue to develop over the coming years

LIGHT RAIL

PROJ E C T N E W LIGHT R AIL

Sunshine Coast Council light rail project has been identified as a future pillar of the region’s public transport system with its population expected to grow to 560,000 by 2041 The light rail project, proposed to run between Maroochydore and Caloundra, would be up and running within a decade

SUNSHINE COAST QUEENSLAND
U N I V E R S I T Y H O S P I T A L $ 1 8 B I L L I O N
S O L A R F A R M RE N E W A B LE E NERGY INVES TMENT $ 1 0 MILLION INVESTME N T
Sunshine Coast Council’s solar farm is assisting the transition to renewable energy that 40,000+ Sunshine Coast households have a ready made w th rooftop solar arrays (add a l the solar rooftops together and the Sunshine Coast has 124MW solar capacity data from Energex) The Sunshine Coast Council hopes to leverage the solar farm to develop a ‘Clean Tech’ hub in the region This hub provides opportunity to further develop this industry sector, encourage increased external investment in the region and help drive increased and sustainable employment. $
2 B I L L I O N I N V E S T M E N T
Mass transit is one of the major game-changing projects spearheading council s plans to susta n the Coast s prosperity, lifestyle and natural assets into the future

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