McDonalds Road, Bli Bli | Ray White Commercial Northern Corridor Group

I N F O R M AT I O N M E M O R A N D U M LOT 5&6

MCDONALDS ROAD, BLI BLI

3 4 HA* WATE R F RON T S I TE

01 * Approximately

The

CO N T E N TS

Introduction

04

Site Overview

05

Town Planning

06

Site Overlay & Maps

07

The Location

08

Sunshine Coast Projects

10

Local Amenities

12

Sales Process

15

Disclaimer

16

Auction Documents

17

Rivershore Holiday & Caravan Park

* Outline is and locations indicative

Edgewater Over 50’s Community

LOT 6

LOT 5

03

I N TRODUCTION

Ray White Special Projects Qld and Ray White Commercial Northern Corridor Group are pleased to present Lots 5 & 6 McDonalds Road Bli Bl to the market.

Key Features: H uge land holding in the heart of the Sunshine Coast only 8.5km* from the Maroochydore Beachfront

W ell positioned to transport connections being 7km* from the Bruce Highway and 3.5km* from the Sunshine Motorway

P otential uses include strategic land bank or Caravan Park redevelopment (^STCA)

 10* minutes to the heart of the Maroochydore business centre and 35* minutes to Noosa Heads

P eninsula site with water on three sides fronting Maroochy River and Petrie Creek Presented to the market for sale by Public Auction on Friday, 4 March 2022 at 10:30am (AEST). Ray White In-Room Auctions, Level 26 111 Eagle St Brisbane QLD 4000 All enquiries in relation to this opportunity are to be directed to the exclusive marketing agents:

Tony Williams

Michael Shadforth

Samuel Hoy

Ray White Special Projects (QLD)

Ray White Commercial Northern Corridor Group

Ray White Commercial Northern Corridor Group

0411 822 544 tony.williams@raywhite.com

0488 981 076

0423 795 273

michael.shadforth@raywhite.com

samuel.hoy@raywhite.com

04

Site

OVERVI E W Property Address

Lot 5 & 6, McDonalds Road Bli Bli, QLD, 4560

Real Property Description

Lot 6 on RP 26468 & Lot 5 on SP 324398

Title Reference

Lot 6: 13572032 Lot 5: 11809072

Local Authority

Sunshine Coast Regional Council

Zoning

Rural Zone

Land Area

34.59 hectares The site forms a substantial land holding situated within the heart of the Sunshine Coast, 7 kilometers from the Sunshine Coast Airport and only 8.5km* from the Maroochydore Beachfront.

Brief Description

The property is positioned on a peninsula, with water on three sides to Maroochy River and Petrie Creek. The site adjoins Edgewater Over 55s Lifestyle Community to the properties north western boundary along McDonald Road.

The land is generally level throughout.

Site Access

The property is accessed via McDonalds Road.

Location

Bli Bli consists of an inland suburb of the Sunshine Coast Regional Council, positioned approximately 8.5 kilometers north west of Maroochydoore, and only 50 kilomtres south of Noosa.

Services

Existing infrastructure for both Town Water & Sewer is situated at the intersection between David Low Way and McDonalds Road which provides connection with the Edgewater Over 55s Lifestyle Community

Improvements & Existing Infrastructure

The property supports the following infrastructure:  A farm shed located in the south-western sector of the site;  A farm house located in the north-western sector of the Site;  A series of constructed ponds that were established as part of the past use of the site for aquaculture;  A network of constructed drains, culverts, inlets and outlets that were used to exchange water between the aquaculture ponds and Petrie Creek to the south and the Maroochy River to the north and east; and  Formed farm access tracks that provide vehicular access across the Site

Vegetation

The land is predominantly cleared throughout with some vegetation to the eastern portion of Lot 6. A Vegetation Management Consulting Report is available for review in the online data room.

EMR/CLR

The site is not registered on the EMR or CLR search.

* Approximately

05

Town

P L A NNI NG The subject site is Zoned Rural under the Sunshine Coast Planning Scheme.

An extract of the Zone Map is set out below:

ZONE MAP

RURAL ZONE

EASEMENTS & COVENANTS MAP

EASEMENTS & COVENANTS

06 06

Water Main - Trunk Main • Water Hydrant

Sewer Pressure Main - Rising Main • Sewer Manhole

WATER & SEWER INFRASTRUCTURE MAP

CONTOUR MAP

07

The

LO C ATION

Bli Bli provides an inland Town of the Sunshine Coast situated only 8.5km* from the Maroochydore Beachfront and only 7 kilomtres from the Sunshine Coast Airport while still providing a prevalent rural charm and much loved location for residents and local business.

Local Residents of are benefited from easy access to nationally renowned beaches to the east, the picturesque hinterland just west, Noosa to the north, and Maroochydore’s evolving new CBD a short drive south.

The population estimate for Bli Bli Rosemount and District as of the 30th June 2020 was 15,624 residents which has seen substantial growth in the last five years in line with the very high demand for Sunshine Coast property. As at the 6th January 2022 Bli Bli has a reported Median House Price of $750,000, with 5 yearly compound growth rate of 9.0%.

Bli Bli Village Town Centre is a new Sunshine Coast shopping experience. It’s home to an exciting selection of stores, restaurants and essential services with doctors, pathology, x-ray, physio, podiatry and dental all onsite, further supported by two gyms, a yoga studio and a selection of beauty therapists.

Bli Bli further benefits from a well regarded local primary school – Bli Bli State School, and further easy access to a variety of primary, senior and tertiary education facilitity to the east.

08

09

Major projects SUNSH I NE COA ST

Regional Economic Development

SUNSHINE COAST AIRPORT MAJOR EXPANSION PROJECT $225 MILLION INVESTMENT The airport expansion project will deliver a brand new 2450m x 45m runway, runway-end taxiway loops, an expanded apron and terminal facilities, new access roads and utilities.

SUBMARINE CABLE $1.1 BILLION PER ANNUM TO QLD ECONOMY

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

The airport expansion will have the increased capacity to attract up to 2 million more passengers annually by 2040.

HARMONY $3 BILLION DEVELOPMENT 17,000 RESIDENTS

THE SUNSHINE COAST WAS VOTED THE WORLD’S NUMBER ONE MOST LOVED TOURIST DESTINATION

AURA $7 BILLION+ INVESTMENT 50,000 RESIDENTS

A new study of almost two billion sources has revealed that Queensland has four of the top nine tourist destinations in the world, beating out international locations like Bora Bora.

Visit Sunshine Coast CEO Matt Stoeckel said the announcement was an endorsement of the Sunshine Coast as a premium tourist destination.

“With international borders set to open, the fact that the Sunshine Coast resonates so strongly overseas highlights the potential we have to regrow our visitor numbers.”

SUNSHINE PLAZA $400 MILLION EXPANSION CREATING 5200 NEW CONSTRUCTION & RETAIL JOBS

10

BRUCE HIGHWAY EXPANSION UPGRADE $1.8 BILLION INVESTMENT

THE BRIGHT CITY NEW COAST CITY CENTRE

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.

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, technology, innovation, entertainment and inner-city living.

The upgrade is vital for the continued development of the Sunshine Coast and with its increased capacity, the highway will provide safer and more efficient travel for commuters and industry along this stretch.

Designed for the 21st Century, this groundbreaking development will be embedded with smart technology throughout, to create a cleaner more, dynamic city centre that’s not only desirable and liveable; it will have a transformative impact on the region’s economy.

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

SOLAR FARM RENEWABLE ENERGY INVESTMENT $10 MILLION INVESTMENT

LIGHT RAIL PROJECT - NEW LIGHT RAIL $2 BILLION INVESTMENT Mass transit is one of the major game-changing projects spearheading council’s plans to sustain the Coast’s prosperity, lifestyle and natural assets into the future.

Sunshine Coast Council’s solar farm is assisting the transition to renewable energy that 40,000+ Sunshine Coast households have already made with rooftop solar arrays (add all the solar rooftops together and the Sunshine Coast has 124MW solar capacity – data from Energex).

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.

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.

11

Local

A M ENI T I ES

Novotel Twin Waters Golf Club

Maroochy River Golf Club

* Outline is and locations indicative

12

Mooloolaba Maroochydore

Sunshine Homemaker Centre

Kuluin State School

13

LOT 6

LOT 5

14 * Outlines indicative

Sales

PRO CESS METHOD OF SALE The property is offered for sale by Public Auction to be held Friday, 4 March 2022 at 10:30am at the Level 26,111 Eagle Street, Brisbane Qld 4000.

The property is offered for sale on terms including a 10% deposit on the fall of the hammer with a 30 day settlement and otherwise on terms satisfactory to the Seller.  A ny intending bidder is required to execute the Bidder Registration Form and provide to the agents prior to the Auction .  Contracts are available from: tony.williams@raywhite.com samuel.hoy@raywhite.com Michael.shadforth@raywhite.com

Whilst every care has been taken in the preparation of this document, it is for guidance only. This seller and its agents make no warranty or representation as to the accuracy, reliability, currency, or completeness of the information herein contained. Illustrations, diagrams and the photographs are for presentation purpose only. Interested parties should satisfy themselves as to the accuracy, reliability, currency, or completeness of each description or reference. All information herein is subject to change without notice.

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DISCL A I M ER The information contained in this Information Memorandum and any other verbal or written information given in respect of the property (“Information”) is provided to the recipient (“you”) on the following conditions: 1. O rchid Avenue Realty Pty Ltd, trading as Ray White Commercial Gold Coast and SP Agency Services Pty Ltd trading as Ray White Special Projects (Qld) or any of its officers, employees or consultants (“we, us”) make no representation, warranty or guarantee, that the Information, whether or not in writing, is complete, accurate or balanced. Some information has been obtained from third parties and has not bee independently verified.

Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing.

6. T he Information does not and will not form part of any contract of sale for the property. If an interested party makes an offer or signs a contract for the property, the only information, representations and warranties upon which you will be entitled to rely will be as expressly set out in such a contract.

7. I nterested parties will be responsible for meeting their own costs of participating in the sale process for the property. We will not be liable to compensate any intending purchasers for any costs or expenses incurred in reviewing, investigating or analysing any Information.

8. We will not be liable to you (to the full extent permitted by law) for any liabilities, costs or expenses incurred in connection with the Information or subsequent sale of the property whatsoever, whether the loss or damage arises in connection with any negligence, default or lack of care on our part.

2. A ll visual images (including but not limited to plans, photographs, specifications, artist impressions) are indicative only and are subject to change. Any measurement noted is indicative and not to scale. All outlines on photographs are indicative only.

3. T he Information does not constitute, and should not be considered as, a recommendation in relation to the purchase of the property or a solicitation or offer to sell the property or a contract of sale for the property.

4. Y ou should satisfy yourself as to the accuracy and completeness of the Information through your own inspections, surveys, enquiries, and searches by your own independent consultants, and we recommend that you obtain independent legal, financial and taxation advice.

This includes as to whether any listing price is inclusive or exclusive of GST. 5. W e are not valuers and make no comment as to value. “Sold/ leased” designations show only that stock is “currently not available” – not that the property is contracted/settled. If you require a valuation we recommend that you obtain advice from a registered valuer.

9. No person is authorised to give information other than the Information in this Information Memorandum or in another brochure or document authorised by us. Any statement or representation by an officer, agent, supplier, customer, relative or employee of the vendor will not be binding on the vendor or us.

10. To the extent that any of the above paragraphs may be construed as being a contravention of any law of the State or the Commonwealth, such paragraphs should be read down, severed or both as the case may require and the remaining paragraphs shall continue to have full force and effect.

11. Y ou may not discuss the Information or the proposed sale of the property with the vendors or with any agent, friend, associate or relative of the vendor or any other person connected with the vendor without our prior written consent. We accept no responsibility or liability to any other party who might use or rely upon this report in whole or part of its contents.

12. T he Information must not be reproduced, transmitted or otherwise made available to any other person without our prior written consent.

16

Completion of

AU CT I ON D O CUM EN TS Please note: Any intending bidder is required to execute the Auction Terms and Conditions Form and Bidder Registration Form and provide to the agents prior to the Auction.

(ANNEXURE A & B) If buying in a personal name Buyer (as per the Bidders Registration Form) to sign the contract post auction.

If buying in a company name  T he contract is to be signed by (when the common seal is not used and where a company has more than one director) at least two directors or a director and a secretary of a company or by an individual acting with the company’s authority on behalf of the company.  T he seller requires to view a copy of the current ASIC organisational search on the corporate Buyer or evidence of the authority to sign on behalf of the corporate Buyer.

If buying in a Trust  T he sellers require to view the trust deed creating the trust and any other relevant documents (e.g. a deed to amend the trust document, retirement or removal of the trustee and appointment of a new trustee, etc.) if buying as the trustee’s capacity.  T he successful bidder would be required to present the trust deed and/or ASIC organisational search post auction.

Special Conditions The property is offered for sale subject to the Special Conditions contained in the Contract of Sale.

17

Conditions of Sale – Public Auction GST ANNOUNCEMENT AND CLARIFICATION At auction the Auctioneer will announce in clear terms: 1. If GST is to apply or not; and 2. One of the following applicable GST Clauses IF THE SELLER IS NOT REGISTERED FOR GST: •

The property is offered for sale on a GST inclusive basis – which means the knock down price is the sale price.

IF THE SELLER IS REGISTERED FOR GST: • •

The property is offered for sale on a GST exclusive basis – which means the knock down price attracts GST at 10% of the selling price; or The property is offered for sale under the Margin Scheme – which means that the knock down bid is the sale price and GST payable by the seller is 1/11 of the margin.

1. All Bidders must be registered. The Auctioneer may register a person as a Bidder only if the person has provided his/her name and address and satisfactory evidence of his/her identity. If the Bidder is successful, the name listed on the registration form will be the name of the Buyer in the Contract of Sale, unless the Bidder is bidding on behalf of another person in accordance with Conditions 9 and 10.

2. The highest approved Bidder will be the Buyer subject to: a. the reserve price, if any; and b. the Seller's approval.

3. A cooling off period will not apply to any Contract of Sale formed on a sale by auction or entered into, by no later than 5.00pm on the second clear business day after the property was passed in at auction, with a registered bidder for the auction.

4. The Buyer acknowledges that the Contract of Sale will not be conditional on any of the following: a. Finance; and b. Building and Pest Inspection Reports.

5. Bids will only be accepted from registered Bidders.

6. Bidders must use the numbered identifier provided by the Auctioneer to make a bid during the auction.

7. The Seller reserves the right to bid, either personally or by a representative. If the Seller or their representative bids for the property the Auctioneer must clearly announce to all other Bidders that the bid is made on behalf of the Seller.

8. The Bidder warrants their ability to enter and complete the Contract of Sale in accordance with its terms.

9. Any person bidding on behalf of another person must provide the Auctioneer with a copy of their written authority before the auction; otherwise the Bidder will be taken to be acting on their own behalf. The Auctioneer may register a person as a Bidder only if the person gives the Auctioneer the name and address of the other person for whom bids are intended to be made on instructions given by the other person by telephone.

10. If the Bidder is authorised to bid on behalf of another person, and is the Buyer in accordance with condition 2, the Bidder warrants the other person’s ability to enter and complete the Contract of Sale in accordance with its terms.

11. The Auctioneer has the discretion to refuse to accept a bid from any Bidder. A bid will be taken to be accepted and irrevocable unless the Auctioneer refuses it. If the Auctioneer refuses a bid, the Auctioneer must announce to all other Bidders that the bid has been refused.

12. Without affecting condition 11, if there is any dispute over a bid or the result, the Auctioneer may: a. re-open the bidding; and/or b. determine the dispute in any other way the Auctioneer considers appropriate in his/her absolute discretion.

13. Immediately on the fall of the hammer the property is sold, the Bidder of the highest bid accepted in accordance with Condition 2, must sign, as Buyer, the Contract of Sale in the form displayed or circulated with these Conditions of Sale and pay the deposit to the nominated Deposit Holder.

14. The deposit payable under the Contract of Sale is 10% of the successful bid or any other percentage or figure nominated in the Contract of Sale.

15. The Seller and the Buyer agree to sign all documents and do everything else necessary to transfer the property to the Buyer. The Seller and the Buyer each appoint the Auctioneer their agent to sign the Contract of Sale on their behalf. This appointment is non-revocable.

16. If the Buyer does not pay the deposit, at the Seller's option: a. the result of the auction will be treated as invalid and the property may be resubmitted to public auction at the risk and expense of that Buyer; or b. the Seller may affirm the Contract of Sale and pursue their legal and other remedies against the Buyer as they see fit.

17. The decision of the Auctioneer is final in all matters relating to the auction.

I/we have read and understand the additional Annexure with Special Conditions.

I/we have read and understand the above Conditions of Sale - Public Auction, and acknowledge that the sale of the property will occur subject to these conditions and the Contract of Sale.

Bidders Signature

Date

Bidders Signature

Date 000014000749

EF073 12/19

© Copyright The Real Estate Institute of Queensland Ltd

Page 1 of 1

Bidder Registration Form

BIDDER NO:

The Property Occupations Act 2014 requires the auctioneer to only accept bids from registered bidders. To be registered, a bidder must provide the bidder's name and address and produce satisfactory evidence of the bidder's identity.

If you have an interest in bidding at the auction for a property or properties, please complete your name and address below and provide the auctioneer with satisfactory identification.

If applicable, the registered bidder acknowledges that they have been given a copy of the Form 36 Notice of No Pool Certificate at the time of completing this Bidder Registration Form.

The Bidder consents to the use of electronic communication in accordance with the provisions set out in Chapter 2 of the Electronic Transactions (Queensland) Act 2001 (Qld) and Electronic Transactions Act 1999 (Cth). If this form is signed using an electronic signature, the Bidder agrees to enter into this agreement in electronic form.

BIDDER DETAILS: NAME:

ADDRESS:

SUBURB:

STATE:

PHONE:

FAX:

POSTCODE:

EMAIL:

IDENTIFICATION:

The above bidder is registered to bid in relation to the following property: ADDRESS:

SUBURB:

25 St Andrews Dr Leichhardt

STATE:

Qld

POSTCODE:

4305

SIGNATURES

Signature:

Date:

The Auctioneer will not disclose the identity of any bidder to anyone other than: (i)

An inspector or the court; and

(ii) The seller if it is necessary for negotiations with the bidder after the property has been passed in or for facilitating the sale of the property.

INITIALS

(Note: initials not required if signed with Electronic Signature) 000019508705

EF104 07/20

© Copyright The Real Estate Institute of Queensland Ltd

Page 1 of 1

I N F O R M AT I O N M E M O R A N D U M LOT 5&6

MCDONALDS ROAD, BLI BLI

Tony Williams

Michael Shadforth

Samuel Hoy

Ray White Special Projects (QLD)

Ray White Commercial Northern Corridor Group

Ray White Commercial Northern Corridor Group

0411 822 544 tony.williams@raywhite.com

0488 981 076

0423 795 273

michael.shadforth@raywhite.com

samuel.hoy@raywhite.com