IM | 1/1 Courage Street, Sippy Downs | RWC Northern Corridor Group

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INFORMATION MEMORANDUM Prominent Investment Opportunity 1/1 Courage Street SIPPY DOWNS, QLD 4556 raywhitecommercialncg.com
CONTENTS. The Opportunity 03 Opportunity Highlights 04 Executive Summary 06 Tenancy Schedule 08 Tenant Profile 09 Outgoings 10 Location & Local Amenities 12 Strong Local Investment 14 Sunshine Coast Demographics 15 Sunshine Coast Life Segments 16 Floor Plan 17 Sunshine Coast Major Projects 18 Sunshine Coast Overview 20 Disclaimer 23 Samuel Hoy Sales & Leasing Executive 0423 795 273 Michael Shadforth DirectorCommercial Principal 0488 981 076 David Goldsworthy Sales & Leasing Executive 0481 996 794 2 Information Memoradnum

YOUR OPPORTUNITY.

The property represents the largest food and beverage tenancy in the complex, accommodating the local residents and attracting customers from the whole Sunshine Coast.

The site is located on the corner of Courage Street and Sippy Downs which is the main thoroughfare connecting Sippy Downs to the Bruce Highway and Sunshine Motorway.

The building was completed late 2023 comprising of a mix of residential and commercial units. The tenancy is fitted out with a commercial kitchen with access to a grease trap.

Investment Key Highlights:

 Net income $190,577.34 P/A*

 Brand new architecturally designed building - HQ Sippy Downs

 Leased to an established Sunshine Coast business

 Significant local population & infrastructure growth

 High exposure site on the Corner of Courage Street & Sippy Downs Drive

 Excellent depreciation benefits

 New 7-year lease with option to 2040

Method of sale:

 For Sale Via Private Treaty.

3 1/1 Courage Street, Sippy Downs * Approximately

OPPORTUNITY HIGHLIGHTS.

Known as the Knowledge Hub, Sippy Downs attracts a vast demographic and businesses which has created a vibrant hub of business, education and entertainment.

The property, purposely positioned on the corner of the main thoroughfare and with plenty of on-site parking, offers long-term benefits with an excellent return.

Offering a brand new building and fitout, the tenancy is occupied by a well-known local restaurant with another premise in Maroochydore. Junk has secured the space with options until 2040.

4 Information Memoradnum
5 1/1
Courage Street, Sippy
Downs
EXECUTIVE SUMMARY. 1/1 Courage Street, Sippy Downs, QLD 4556 LEGAL DESCRIPTION Lot 18 on Survey Plan 307820 BUILDING AREA 287m2* LOCAL AUTHORITY Sunshine Coast Regional Council ZONING Major Centre Zone 6 Information Memoradnum * Approximately
AIR
GREASE TRAP Yes LEASE TERM 7 Years NET ANNUAL RENT $190,577.34 P/A* OUTGOINGS $54,648.66* SALE PRICE $3,100,000 7 1/1 Courage Street, Sippy Downs * Approximately
CONDITIONING Ducted

TENANCY SCHEDULE

TENANT

1/1 Courage Street, Sippy Downs, QLD 4556

LEASE COMMENCEMENT 1/10/2023

LEASE EXPIRY 30/09/2030

TERM Seven (7) years

NET RENT $190,577.34 P/A*

OPTIONS 2 x 5 years

BOND

$58,098.30*

OUTGOINGS 100% payable (Less sinking fund)

NON-RECOVERABLE OUTGOINGS $4,022.66* (sinking fund)

8 Information Memoradnum
Yugo Canteen Pty Ltd (Trading as Junk Sippy Downs)

TENANT PROFILE.

Celebrated for its vibrant fusion cuisine and lively ambiance, offers a unique dining experience on the Sunshine Coast.

This Asian fusion eatery draws inspiration from Thai, Vietnamese, Malaysian, and Chinese culinary traditions, crafting dishes meant for sharing with fresh, locally-sourced ingredients. As one of Junk’s two locations in the region, it promises an enjoyable and relaxed dining atmosphere that perfectly complements its innovative menu.

9 1/1 Courage Street, Sippy Downs
10 Information Memoradnum OUTGOINGS. 1/1 Courage Street, Sippy Downs, QLD 4556 Ex GST Inc GST Management Fees $7,566.63 $8,323.29 Body Corporate Administration Levy $6,749.84 $7,424.82 General Rates* $1,966.00 $2,162.60 Environmental Levy $80.00 $88.00 Transport Levy $45.00 $49.50 Heritage Levy $16.00 $17.60 Water Access Charges $413.22 $454.54 Sewerage Access Charges $848.82 $933.70 Water Usage $2,206.51 $2,427.16 Sewerage Usage $600.61 $660.67 Total Outgoings $20,492.63 $22,541.89 *Estimate. First notice yet to be received.
11
1/1 Courage Street, Sippy Downs

LOCATION OVERVIEW.

Sippy Downs is home to the University of the Sunshine Coast and is made up of mostly young professionals. Situated on the south-east end of Queensland’s Sunshine Coast, Sippy Downs has been designated as a ‘’Knowledge Hub’’ in Queensland Government’s South East Queensland Infrastructure Plan and Program and is master planned as Australia’s first university town with the potential for over 6,000 workers in knowledge based businesses. Earmarked to become on the Sunshine Coast’s significant technology hubs, this central suburb is part of the Buderim urban centre and has direct access to both the Sunshine Motorway and the Bruce Highway.

Underpinned with three major education hubs; Siena Cathlic College, Chancellor State College and University of the Sunshine Coast, Sippy Downs community’s median age is 33 years old according to 2016 Census. The majority of families are couples with an average of two children, who enjoy the local catchment area for education across public and private.

LOCAL AMENITIES.

State Secondary College

State Primary College

Bella Grace Early Learning

AEIOU Early Learning Childcare

Toddler Town Child Care Centre

Sparrow Early Learning HEALTH & MEDICAL

Hours GP

Sippy Downs

Coles Sippy Downs

Woolworths Chancellor Park

Chancellors Tavern

Park Marketplace

IGA X-press Chancellor Park

COMMUNITY SERVICES

Sippy Downs Police Station

Sippy Downs Skate Park

USC Sunshine Coast Library

Centre Sunshine Coast

Chipmunks Playland

USC Cricket Grounds

USC Sporting Fields

USC Stadium

Park Golf Driving Range

12 Information Memoradnum
Kawana Shoppingworld 6 mins Harmony Estate 7 mins Mooloolaba 12 mins Maroochydore CBD 16 mins Caloundra 19 mins EDUCATION 1 University
2 Siena
3
4 Chancellor
5 Chancellor
6
7
8
9
10
11
12
13 Chancellor
14 Chancellor
15
RETAIL 16
17
18
19
20 Chancellor
21
of the Sunshine Coast
Catholic College
Siena Catholic Primary School
Buderim Ambulance Station
Ochre Health Medical Centre
Ochre Health After
Park Medical Practice
Park Vet Surgery
Animal Emergency Service FOOD &
McDonald’s
22
23
24
25
26
27
29
30
Innovation
28
Chancellor
r‚fl¶'“flƒ ? l–”¢ ? ? ? ? ? ? ? ? ? “? fl…? ·ƒ ƒ• ‘›£¢ fl…?r•·ƒ ƒ• r•·ƒ ƒ• ? ? ? ? ? ? ? “ †† …? – ” fl ¶ ? „·“ ? ? ? ? ? ? Nambour Railway Station To Buderim To Buderim/ Forest Glen To Gympie To Brisbane Belleflower Road Lakehead Drive University Way OxfordStreet SpringhillDrive Scholars Way SippyDownsDrive Varsity View Court Pathway Pathway Alumni Way Sippy Downs Drive Sippy Downs Drive Sunshine Motorway To Mooloolaba To Brisbane/Nambour AlbanyStreet Albany Street AlbanyStreet ClaymoreRoad ClaymoreRoad Dixon Road Power Road UniversityWay Buderim/Mooloolaba/ Noosa Heads Exit Greenlink StringybankRoad StringybankRoad HighStreet SunshineMotorway TANAWHA BruceHighway TanawhaRoad Tanawha TouristDrive Buderim/University EXIT Transit Centre Bus Interchange 5 1 24 28 29 27 22 4 11 17 7 25 3 30 14 10 15 20 19 18 13 6 2 26 12 9 16 21 8 23 13 1/1 Courage Street, Sippy Downs * Map & Locations Indicative Only

STRONG LOCAL INVESTMENT.

*Approximately.

Sunshine Coast University Hospital

In March 2017 the Sunshine Coast University Hospital (SCUH) facility opened, revolutionising healthcare in South East QLD. The hospital will be one of the largest employers on the Sunshine Coast and will require more than 4,600 staff initially, growing to around 6,000 when the facility is completed in 2021. SCUH opened with approximately 450 beds, with plans to grow to 900 by 2021. Services and capacity will continue to develop and the project is expected to boost the local economy by creating jobs during and after construction. SCUH is set to be the biggest catalyst for local commercial and residential development in the surrounding area.4

Sippy Downs Town Centre

The anticipated Sippy Downs Town Centre has transformed the area with the completion of a Coles supermarket along with a childcare centre, specialty retail commercial spaces, residential apartments and a medical centre.

The Sippy Downs Town Centre will see even more development to come with the announcement that Nambour RSL plans to deliver a community club. The recently completed $4 million Sippy Downs Drive Road provides a safer and more functional travel experience along this main route.5

YOUI Headquarters, Sippy Downs

The newly completed $73 million facility in the Sippy Downs is home to the global headquarters of insurance company YOUI. The 12,500m2*, four-level building houses their current 1,000 strong Sunshine Coast workforce, providing a future career path for up to 3,000 staff.

The YOUI headquarters is expected to inject $1.2 billion into the local economy over the next decade. The Sippy Downs location places YOUI in the heart of the rapidly developing technology precinct.6

Source: 4. Sunshine Coast Major Projects. Prepared by Sunshine Coast Council & Invest Sunshine Coast (15/09/20). 5./6. Sunshine Coast Regional Council Updates. Prepared by Sunshine Coast Regional Council (20/11/17).

14 Information Memoradnum

SUNSHINE COAST DEMOGRAPHICS.

350,000+

POPULATION GROWTH

At 2.3–2.9%+ Per Annum1

147,000+

EXPECTED POPULATION GROWTH

People by 20362

3,200+ AVG

NEW DWELLINGS REQUIRED

Each year to meet minimum demand3

58%

POPULATION GROWTH

Sunshine Coast 2017–2040, compared to Australia 38%7

FORECAST TO BECOME AUSTRALIA’S

9th

BIGGEST CITY BY (2050)8

3./4./5. Source: Queensland Government Statistical Office, Prepared by: Sunshine Coast Council – Regional Economic Development Strategy (2018). 6. Source: The Activated City Imagining the Sunshine Coast in 2040, Prepared by: KPMG (2017). 7./8. Source: KPMG based on Australian Bureau of Statistics Census data and relevant State Government planning authorities (2017). 9. Source: KPMG based on Australian Bureau of Statistics Census data and relevant State Government planning authorities. 10. Source: Sunshine Coast - The Natural Advantage: Regional Economic Development Strategy 2013-2033, Prepared by: Sunshine Coast Regional Council (2020).

15 1/1 Courage Street, Sippy Downs

SUNSHINE COAST LIFE SEGMENTS.

Historic and projected population by life segments in the Sunshine Coast, 1996-2036

ECONOMY & INDUSTRY.

Regional business, industry leaders and council have created a bold plan for a stronger economy for the region. The plan will achieve three major goals over the next 20 years10:

...Almost triple what is now. Growing from $13 billion, this will see household income rises of up to 22%.

NEW JOBS CREATED

...In high profile industries including Agribusiness, Aviation, Clean Technologies, Education, Health and more. 20%

GOODS & SERVICES

...Produced exclusively for export. This will add over $3 billion to the local GDP (Gross Domestic Product).

16 Information Memoradnum
Life Segment 1996 2016 2036 Growth 1996 - 2016 Growth 2016 - 2036 No.* % of total growth No.* % of total growth No.* % of total growth No.* % of total growth No.* % of total growth Kids & Teens (Aged 0 – 14) 46,000 22% 63,000 18% 90,000 17% 17,000 12% 27,000 16% Education & Career Formation (Aged 15 - 29) 38,000 18% 58,000 17% 81,000 16% 20,000 15% 23,00 14% Family Formation (Aged 30 – 49) 63,000 30% 86,000 25% 120,000 23% 23,000 17% 34,000 20% Empty Nesters (Aged 50 – 64) 32,000 15% 70,000 20% 91,000 18% 38,000 28% 21,000 12% Active Retired (Aged 65 – 74) 19,000 9% 40,000 12% 60,000 12% 21,000 15% 20,000 12% Sedentary Retired (Aged 75 And Over) 12,000 6% 30,000 9% 73,000 14% 18,000 13% 43,000 26% 210,000 100% 347,000 100% 515,000 100% 137,000 100% 168,000 100%
of
$33B LOCAL ECONOMY
100K

FLOOR PLAN.

* Plan & Scale Indicative Only

17 1/1 Courage Street, Sippy Downs
Ground Level 1 Outdoor Dining Food Drink Food Drink Outdoor Dining Parking Driveway Junk PMT L L

MAJOR PROJECTS.

Coolum
Marcoola
CORAL SEA
Bli Bli Mudjimba Woombye Buderim Maroochydore Mooloolaba Sippy Downs Bokarina Currimundi Caloundra Golden Beach
Ewan-Maddock Dam 1 3 2 5 4 8 9 7 6 10 12 18 Information Memoradnum
Pelican Waters Nambour
Landsborough Mooloolah Eudlo
Burnside
11 All Locations are Indicative Source: Google Maps 04/2024 Map not to scale
Wappa Dam
Airport Expanstion Impact $4.1B Status Completed 2 University Expansion Impact $81M Status Completed 6 Submarine Internet Cable Impact $1.1B Status Completed 3 New Maroochydore CBD Impact $5.9B Status Ongoing 2040 4 Sunshine Coast Solar Farm Impact $10M Status Completed 1 Palmview Residential Community Impact $2.6B Status Ongoing 2035 7 University Hospital Impact $560M Status Completed 8 Sunshine Coast Health Precinct Impact $3.2B Status Completed 9 Sunshine Coast Light Rail Impact $3.6B Status Ongoing 2025 11 Bruce Highway Upgrade Value $930M Status Completed 10 Aura - City of Colour Impact $4.1B Status Completed 12 Sunshine Plaza Redevelopment Value $400M Status Completed 5 19 1/1 Courage Street, Sippy Downs

SUNSHINE COAST OVERVIEW.

An hour north of Brisbane, the Sunshine Coast stretching from Caloundra in the south through to Noosa/Tewantin in the north and incorporating hinterland townships to the west in between, covers an area of approximately 2,291 square kilometres with 60 kilometres of spectacular open coastline.

The Sunshine Coast is Australia’s 9th largest population centre (as of June 2021) and 5th largest in the state, with a population growth outpacing most of the nation, and one of the fastest growing regional economies.

Not only diverse geographically with stunning beaches, verdant agricultural farmland, and mountain ranges including the iconic Glass House Mountains; the economy is also diverse consisting of a variety of industries covering medical, education, technology, tourism/hospitality, finance, farming/agriculture, retail, and industrial.

20 Information Memoradnum

Over the past several years there has been billions of dollars’ worth of investment poured into the region from both the public and private sectors, with projects including:

 Airport expansion

 The building of public and private university hospitals and health hub

 SunCentral CBD in Maroochydore

 City of Aura in Caloundra South

 Submarine broadband connection providing fastest connection to Asia

 Bruce Highway upgrade

 Multiple new housing estates and associated infrastructure including schools and sporting facilities, industrial parks and more.

The Sunshine Coast comes under the governance of two local councils – the Sunshine Coast Regional Council covering the southern to central suburbs, and Noosa Shire Council. There is good connectivity across the region via road networks, rail through the hinterland townships, and bus; and the Sunshine Coast Airport now has a second runway and is open to international travel (now Australia’s fastest growing airport (traffic-wise).

With the 2032 Olympics being held in southeast Queensland, there will be an acceleration in investment in this region, particularly in and around transport, including possible rail upgrades providing line duplication for fast rail and there is also a proposal in place for a light rail coastal service.

21 1/1 Courage Street, Sippy Downs
22 Information Memoradnum

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 b y 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 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. We 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.

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.

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.

23 1/1 Courage Street, Sippy Downs
raywhitecommercialncg.com ENQUIRE. Samuel Hoy Sales & Leasing Executive 0423 795 273 Michael Shadforth DirectorCommercial Principal 0488 981 076 David Goldsworthy Sales & Leasing Executive 0481 996 794

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