IM - 12,13 & 14/2-6 Glen Court, Marcoola I Ray White Commercial I Northern Corridor Group

INFORMATION MEMORANDUM 12,13 & 14 / 2-6 GLEN COURT, MARCOOLA QLD 4564

CONTENTS

The Opportunity

Executive Summary

The Property

Tenancy Schedule

Project Team

Our Team

THE OPPORTUNITY Emily Pendleton from Ray White Commercial is pleased to present Lots 12, 13 & 14, 2-6 Glen Court, Marcoola for sale. The units are separately stratatitled but located side by side. The opportunity is available to purchase all three units with holding income on two units, or they can be sold individually.

The lease's are only month by month so there is the ability for an owner occupier to occupy all three units. Glen Court is located just off David Low Way in the heart of Marcoola and backing onto the Sunshine Coast Airport. These properties are in a great location for future capital growth with the Airport currently undergoing a major expansion project to provide further international travel.

Tenancy 12 - 42m2* - $112,500 - $10,920 P/A NET Tenancy 13 - 84m2* - $112,500 - $21,840 P/A NET Tenancy 14 - 42m2* - SOLD & LEASED

Contact our exclusive marketing agent Emily Pendleton today to arrange your inspection or for further information. *Approximately

EXECUTIVE SUMMARY 12,13 & 14/2-6 GLEN COURT

OUTGOINGS

The opportunity is available to purchase all three units with holding income on two units, or they can be sold individually.

Tenancy 12

PROPERTY LEGAL DESCRIPTION

B/C $ 592.02

Lot 12, 13,14 BUP1874 12 - 15438062 13 - 15438063 14 - 15438064

Rates $ 1,788.30 Water $ 816.24

Total $ 3,196.56 Tenancy 13 Rates $ 1,796.16 Water $ 1,081.95 B/C $ 1,706.80 Total $ 4,584.91

BUILDING AREA Tenancy 12 - 45m2* Tenancy 13 - 80m2* Tenancy 15 - 45m2*

ZONE Low Density Residential Zone

LOCATION Glen Court is located just off David Low Way in the heart of Marcoola, backing onto the Sunshine Coast Airport these properties are in a great location for future capital growth with the Airport currently undergoing a major expansion to provide further international travel.

Tenancy 14 Rates $ 1,788.30 Water $ 865.03 B/C $356.22 Total $ 3,009.5

PHOTOGRAPHY

MEET YOUR TEAM Emily Pendleton Sales & Leasing Executive (Sunshine Coast) 1300 25 50 75

emily.pendleton@raywhite.com

Since joining the Ray White team in 2014, Emily Pendleton has established herself as one of the most proli�c and hard working agents on the Sunshine Coast. This reputation is cemented by the 360 transactions that Emily has helped to successfully negotiate through this time.

Emily’s clients bene�t from her rare combination of cutting edge technical pro�ciency and traditional service oriented work ethic. Her long term commitment to incorporating the latest industry technologies has resulted in an unrivalled database of businesses, property owners and professionals she draws on to provide relevant, accurate information to her clients.

Emily recently placed among the top 3% of the thousands of agents within the Ray White group, reaching the status of Elite Performer for the FY2019 period.

“Achieving Elite Performer status was a great recognition, but what matters most is the con�dence this gives my clients when they are making signi�cant decisions about their property. I understand the importance of these choices and love being the guide that helps them achieve the outcome they want”.

In late 2018 Emily expand her team to include Dwaine Bathern as her Leasing Associate to further improve the level of service she can offer. Dwaine brings a wealth of knowledge and experience with a background in sales and customer service. Between them they have averaged 71 property enquiries per month for the 2019 calendar year, making them an unmatched resource of true market demand knowledge for Sunshine Coast owners.

Emily is currently studying a BA degree in Property Economics and Development at the University of the Sunshine Coast and has quali�cations including a Certi�cate IV in Mortgage Broking and Insurance and a Diploma in Financial and Mortgage Broking.

Emily and Dwaine, combined with the strength and resources of the Northern Corridor Group, provide a spectrum of service, knowledge and process discipline that is truly unique for Sunshine Coast clients.

LEGAL INFORMATION The information contained in this Information Memorandum and any

other verbal or written information given in respect of the property

7. Interested parties will be responsible for meeting their own costs

(“Information”) is provided to the recipient (“you”) on the following

of participating in the sale process for the property. We will not be

conditions:

liable to compensate any intending purchasers for any costs or

1. North Coast Commercial Properties Pty Ltd trading as Ray White Commercial Northern Corridor Group and or any of its of�cers,

expenses incurred in reviewing, investigating or analysing any Information.

employees or consultants (“we, us”) make no representation, warranty

8. We will not be liable to you (to the full extent permitted by law)

or guarantee, that the Information, whether or not in writing, is

for any liabilities, costs or expenses incurred in connection with the

complete, accurate or balanced. Some information has been obtained

Information or subsequent sale of the property whatsoever, whether

from third parties and has not been independently veri�ed.

the loss or damage arises in connection with any negligence, default

Accordingly, no warranty, representation or undertaking, whether

or lack of care on our part.

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.

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

2. All visual images (including but not limited to plans, photographs,

an of�cer, agent, supplier, customer, relative or employee of the

speci�cations, artist impressions) are indicative only and are subject

vendor will not be binding on the vendor or us.

to change. Any measurement noted is indicative and not to scale. All outlines on photographs are indicative only.

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

3. The Information does not constitute, and should not be

Commonwealth, such paragraphs should be read down, severed or

considered as, a recommendation in relation to the purchase of the

both as the case may require and the remaining paragraphs shall

property or a solicitation or offer to sell the property or a contract of

continue to have full force and effect.

sale for the property.

11. You may not discuss the Information or the proposed sale of the

4. You should satisfy yourself as to the accuracy and completeness

property with the vendors or with any agent, friend, associate or

of the Information through your own inspections, surveys, enquiries,

relative of the vendor or any other person connected with the vendor

and searches by your own independent consultants, and we

without our prior written consent. We accept no responsibility or

recommend that you obtain independent legal, �nancial and taxation

liability to any other party who might use or rely upon this report in

advice. This includes as to whether any listing price is inclusive or

whole or part of its contents.

exclusive of GST.

12. The Information must not be reproduced, transmitted or

5. We are not valuers and make no comment as to value. “Sold/

otherwise made available to any other person without our prior

leased” designations show only that stock is “currently not available” –

written consent

not that the property is contracted/ settled. If you require a valuation we recommend that you obtain advice from a registered valuer.

6. The 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.

LOCAL EXPERTS, WORKING FOR YOU.

Michael Shadforth Director - Commercial Principal

Dwaine Bathern Sales & Leasing Associate (Sunshine Coast)

Julie Ryan Major Asset Sales + Retail Investment Sales (Sunshine Coast)

Cassie Mahoney Personal Assistant to Michael Shadforth

Emily Pendleton Sales & Leasing Executive (Sunshine Coast)