OPPORTUNITY HIGHLIGHTS
The following is a summary of the key highlights that make 17 Farrell Street, Yandina, such an attractive offering:
FUTURE DEVELOPMENT UPSIDE
This property represents a compelling investment opportunity with significant future development upside. Situated in a rapidly growing region within Queensland’s Sunshine Coast, the property offers prime potential for capital appreciation and expansion. Yandina’s strategic location, coupled with its flourishing economy and burgeoning tourism sector, positions it as a hotspot for real estate development. As the town continues to attract attention from investors and Yandina’s increasing popularity as a desirable residential destination and its proximity to major transportation routes, the property holds promise for various development ventures, including residential housing, commercial complexes, or mixed-use developments. Investing in 17 Farrell Street presents an opportunity to tap into the future growth potential of Yandina, leveraging its prime location and favorable market conditions for long-term returns.
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LOCATION
Nestled in Queensland’s Sunshine Coast, Yandina offers a blend of natural beauty and strategic location, making it a prime investment destination. With easy access to major transportation routes and a thriving economy driven by agriculture and tourism, Yandina promises both financial returns and a commitment to community development. Explore the potential of this charming town for lucrative opportunities in hospitality, agriculture, and more.
TENANT DEMAND
Yandina is experiencing a surge in tenant demand, driven by its appealing mix of rural charm and urban convenience. With its picturesque landscapes and proximity to major hubs like the Sunshine Coast and Brisbane, Yandina attracts tenants seeking a peaceful lifestyle without sacrificing access to amenities and employment opportunities. The town’s growing reputation as a vibrant community with a diverse economy further fuels tenant interest. From professionals seeking a tranquil retreat to families looking for a wholesome environment, Yandina caters to a wide range of tenant demographics. Investing in rental properties in Yandina offers a promising opportunity to capitalise on this strong tenant demand, ensuring consistent occupancy and attractive rental yields.
5 * Outline & Locations Indicative Only
INFORMATION MEMORANDUM | 17 Farrell Street, Yandina 6 * Approximately ^ Subject to Council Approval
17 Farrell Street, Yandina, QLD 4561 LEGAL DESCRIPTION Lot 5 on Survey Plan 262454 TOTAL BUILDING 387m2* (318.9m2* Internal) 49.7m2* External) TOTAL LAND AREA 1,254m2* PROPERTY OVERVIEW AWNING 14.2x3.5* KITCHENETTE/ LUNCHROOM 13.2m2* FRONT WAREHOUSE/RETAIL 94.4m2* REAR WAREHOUSE/RETAIL 163.3m2* OFFICE 8.4m2* AMENITIES 1 toilet REAR SHED 49.68m2* ROLLERDOORS x2 GENERAL HARDSTAND Yes TRUCK TURNING Yes CAR PARKING Ample on site car parking SITE ACCESS Dual access from Farrell Street and Stevens Street LOCAL AUTHORITY Sunshine Coast Council ZONING Major Centre Zone REGIONAL PLAN USE Nambour Local Plan Area POTENTIAL DEVELOPMENT OUTCOMES Retail Shops, Office, Indoor Sport & Rec, Residential, Child Care (STCA^)
EXECUTIVE SUMMARY
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INFORMATION MEMORANDUM | 17 Farrell Street, Yandina 8
FLOOR PLAN
9 Scale in metres. Indicative only. Dimensions are approximate. All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested parties should rely on their own enquiries.
2.4 X 5.52.45.5 AWNING 14.2 X 3.5 2.8 X 3.0 11.8 X 8.0 11.5 X 14.2 W C SHED 6.9 X 7.2 RAMP F
DAY CARE
BOWLS CLUB
CRICKET CLUB
TENNIS CLUB
GINGER FACTORY
SUBJECT PROPERTY
PETE’S BAKERY HOTEL
IGA
CARAVAN PARK
TRAIN STATION
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* Locations Indicative Only, Source Google maps 02/2024 Map not to scale & Locations indicative only
LOCAL AMENITIES
FIRE BRIGADE
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M1 HIGHWAY
ZONING
Purpose and overall outcomes
(1) The purpose of the Local centre zone code is to provide for a range of activities that complement, but do not compete with, the role and function of higher order activity centres by meeting the convenience service needs of individual rural towns and villages or coastal urban neighbourhoods, and providing local employment opportunities.
Local centres are developed as well designed, safe and visually attractive local convenience centres, predominantly in a low rise building format, where significant off-site impacts are avoided.
(2) The purpose of the Local centre zone code will be achieved through the following overall outcomes:-
(a) local activity centres are developed as vibrant, mixed use places;
(b) development provides for a limited range of retail business activities that service the local level convenience needs of residents and visitors in the immediate area;
(c) in addition to retail business activities, development provides for a mix of other activities including food and drink outlets (e.g. restaurants and dining facilities), offices, local health care services, and an appropriate range of community activities and support services that promote an active, mixed use environment;
(d) development also provides for a limited range of multi-unit residential activities, including dual occupancies, dwelling units and multiple dwellings, generally in a mixed use format, where such activities are ancillary to and support the predominant business functions of the zone;
(e) development for business activities is of a scale and intensity that is consistent with the intended role and function of the particular activity centre as specified in the Sunshine Coast activity centre network4 and the applicable local plan code and does not undermine the role or function of higher order activity centres;
(f) development provides for the following:-
(i) the total gross leasable floor area of all existing and approved business activities does not exceed any allocation specified for the activity centre in a local plan code;
(ii) a full line supermarket is established only in a local (full service) activity centre and not more than one full line supermarket is established in any local (full service) activity centre; and
(iii) higher order shopping facilities, including department stores and discount department stores, are not established in any local activity centre;
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Local Centre Zone Low Density Residential Open Space Community Facilities
(g) development provides for an efficient pattern of land use, where the greatest mix of uses and highest intensity of development is located in areas with relatively high levels of access to public transport facilities, and all development has a clear connection to pedestrian, cycle, public transport and road transport networks and infrastructure; 4 Editor’s note—the Sunshine Coast activity centre network is described in Table SC1.2.3 of Schedule 1 (Definitions). Sunshine Coast Planning Scheme 2014 Amended 3 July 2017 Page 6-25
(h) wherever practicable, business activities and community activities are co-located and designed to contribute to safety, security and the vitality of the centre;
(i) development incorporates a high standard of urban and landscape design that creates attractive and functional buildings, streets and places;
(j) development contributes to the creation of an active, safe and legible public realm, incorporating public open spaces including civic plazas and forecourts, where appropriate;
(k) development is sited and designed to maximise activity along primary active street frontages with buildings maintaining a human scale at street level;
(l) development is designed and operated to be responsive to the Sunshine Coast’s subtropical climate and minimise the use of water and energy;
(m) development ensures that there is no unreasonable loss of amenity for surrounding premises, having regard to matters such as noise, lighting, waste, fumes, odours, overlooking and public health and safety;
(n) development avoids as far as practicable, or where avoidance is not practicable, minimises and otherwise mitigates, adverse impacts on ecologically important areas, including creeks, gullies, waterways, wetlands, coastal areas, habitats and vegetation through location, design, operation and management;
(o) development is designed and sited to sensitively respond to the physical characteristics and constraints of land, including flooding, steep land, landslide hazard and bushfire hazard, where applicable;
(p) development encourages public transport accessibility and use and provides for pedestrian, cycle and vehicular movement networks that maximise connectivity, permeability and ease of movement within the activity centre;
(q) development provides for infrastructure and services that are commensurate with the centre’s location and setting and the nature and scale of development that is intended to occur in the zone;
(r) development is located and designed to maximise the efficient extension and safe operation of infrastructure;
(s) development does not adversely impact on the continued operation, viability and maintenance of existing infrastructure or compromise the future provision of planned infrastructure; and
(t) except where otherwise specified in a local plan code in Part 7 (Local plans), development provides for the following:-
(i) a use listed as a consistent use in column 1 of Table 6.2.8.2.1 (Consistent uses and potentially consistent uses in the Local centre zone) to occur in the Local centre zone; and
(ii) a use listed as a potentially consistent use in column 2 of Table 6.2.8.2.1 to occur in the Local centre zone only where further assessment has determined that the use is appropriate in the zone having regard to such matters as its location, nature, scale and intensity.
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LOCATION OVERVIEW - YANDINA
Nestled in the picturesque Sunshine Coast region of Queensland, Australia, Yandina beckons investors with its unique blend of natural beauty and strategic location. Surrounded by rolling hills and bordered by the serene Maroochy River, this charming town offers a tranquil setting just a stone’s throw away from bustling urban centers like Brisbane.
Yandina’s accessibility is one of its key attractions, with convenient access to major transportation routes and the Sunshine Coast Airport,
facilitating domestic and international travel. This connectivity, coupled with its proximity to thriving economic hubs, positions Yandina as an ideal investment destination.
The town’s economy thrives on diverse industries, including agriculture, tourism, and manufacturing. Yandina’s rich agricultural heritage, particularly its renowned ginger and sugar cane farms, presents opportunities for sustainable growth and investment in agricultural ventures.
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Investing in Yandina not only promises financial returns but also signifies a commitment to community development and the preservation of its natural wonders. With its blend of scenic beauty, strategic location, and economic potential, Yandina stands as a compelling destination for investors seeking both profitability and purpose. Explore the myriad opportunities awaiting in this enchanting locale.
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Maroochydore CBD 28 mins* Brisbane CBD 1 Hour 42 mins* Sunshine Coast Airport 23 mins* Brisbane Airport 1 Hour 26 mins* * All distances are estimated driving distances from the subject site * Location Indicative Only
DISCLAIMER
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. North Coast Commercial Properties Pty Ltd trading as Ray White Northern Corridor Group and 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 been 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.
2. All visual images (including but not limited to plans, photographs, specifications, artist impressions) are indicative only and are subject t o change. Any measurement noted is indicative and not to scale. All outlines on photographs are indicative only.
3. The 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. You should satisfy yourself as t o 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 t o whether any listing price is inclusive or exclusive of GST.
5. We are not valuers and make no comment as to value. “S old/ leased” designations show only that stock is “currently not available” – no t 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.
7. Interested 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.
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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.
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. You 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. The Information must not be reproduced, transmitted or otherwise made available to any other person without our prior written consent.
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Emily Pendleton Associate Director | Senior Sales & Leasing Executive
435 446
* Outline & Locations Indicative Only
0402
emily.pendleton@raywhite.com
INFORMATION MEMORANDUM raywhitecommercialncg.com Emily Pendleton Associate Director | Senior Sales & Leasing Executive 0402 435 446 emily.pendleton@raywhite.com Bianca Jensen-Woof Sales & Leasing Associate to Emily Pendleton 0434 053 164 bianca.jensen-woof@raywhite.com 17 FARRELL STREET, YANDINA QUEENSLAND 4561