IM - 2/526 Maroochydore Road, Kunda Park | Ray White Commercial | Northern Corridor Group

INFORMATION MEMORANDUM 2/526 MAROOCHYDORE RD K U N D A PA R K , Q L D 4 5 5 6

R AY W H I T E C O M M E R C I A L NORTHERN CORRIDOR GROUP

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THE OPPORTUNITY Ray White Commercial Northern Corridor Group are pleased to offer 2/526 Maroochydore Road, Kunda Park, for sale This asset holds a top performing food production tenant on a 5 year lease expiring late 2023. Situated on Maroochydore Road, the site boasts high street exposure, efficient site access for large vehicles via a service road and a short distance to both Sunshine Motorway and the Bruce Highway.

FEATURES • Net Rental Income: $165,902.00 • Secure 5 year lease with 5 year option • National food processing tenant • Outgoings recoverable • 3 offices, reception, indoor & outdoor staff facilities, 2 production rooms and cold/freezer rooms • Ample car parking for staff and visitors with multiple entrance points to the building • Located in Kunda Park’s busy industrial estate Tenant investors looking for a good return, this is your opportunity to purchase a superior asset.

For more information on this tenanted investment opportunity or to arrange an inspection, please contact exclusive marketing agent Michael Shadforth.

MICHAEL SHADFORTH 0488 981 076

D I R E C T O R - C O M M E R C I A L P R I N C I PA L NORTHERN CORRIDOR GROUP

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EXECUTIVE SUMMARY

ADDRESS

2/526 Maroochydore Road, KUNDA PARK QLD 4556

REAL PROPERTY DETAILS

Lot 2 on Survey Plan 239214

ZONING

Medium Impact Industry Zone

SITE AREA

1,904m 2*

NLA

1,194m 2*

LOCAL AUTHORITY

Sunshine Coast Council

GROSS ANNUAL RETURN

$133,424.03 * P/A

OUTGOINGS

$55,673.79 *

METHOD OF SALE

$1,980,000

MARKETING AGENT

MICHAEL SHADFORTH 0488 981 076

DIRECTOR - COMMERCIAL PRINCIPAL michael.shadforth@raywhite.com

OUTGOINGS RATES

$6,913.76

INSURANCE

$32,477.97

FIRE SAFETY

$441.82

BODY CORPORATE LEVIES

$6,872.28

LAND TAX

$4,950.6

REPAIRS & MAINTENANCE

$1,517.00

MANAGEMENT FEES

$2,500.00

TOTAL

$55,673.79*

* Approximate

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CURRENT TITLE SEARCH NATURAL RESOURCES, MINES AND ENERGY, QUEENSLAND Request No: 33210110 Search Date: 07/02/2020 16:09 Title Reference: 50989685 Date Created: 18/05/2015

Maroochydore Road

Previous Title: 50197419 REGISTERED OWNER Dealing No: 716490232

Interest 13/05/2015

DONALD BERNARD MORRIS TENANT IN COMMON DIANNE NANCY MORRIS TENANT IN COMMON UNION CREDITS PTY LTD A.C.N. 009 781 739 TRUSTEE UNDER INSTRUMENT 703247817

1/8 1/8 3/4

AS TENANTS IN COMMON ESTATE AND LAND Estate in Fee Simple

Subject Property

LOT 2

SURVEY PLAN 239213 Local Government: SUNSHINE COAST COMMUNITY MANAGEMENT STATEMENT 24393

EASEMENTS, ENCUMBRANCES AND INTERESTS 1. Rights and interests reserved to the Crown by Deed of Grant No. 13159110 (POR 133) 2. LEASE No 719723655 08/11/2019 at 09:20 GLUTEN FREE BAKEHOUSE PTY LTD A.C.N. 607 139 444 THE WHOLE OF THE LAND TERM: 01/12/2018 TO 30/11/2023 OPTION 5 YEARS ADMINISTRATIVE ADVICES - NIL UNREGISTERED DEALINGS - NIL

Caution - Charges do not necessarily appear in order of priority ** End of Current Title Search ** COPYRIGHT THE STATE OF QUEENSLAND (NATURAL RESOURCES, MINES AND ENERGY) [2020] Requested By: D-ENQ GLOBAL X

Page 1/1 Historical Document stored on behalf of glsrwcnc06 for exclusive use of glsrwcnc06

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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 to 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.

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TEAM MEMBERS Ray White Commercial Northern Corridor Group

SUNSHINE COAST

OUR

Level 1 172 BRISBANE ROAD Mooloolaba, QLD 4557

MICHAEL SHADFORTH DIRECTOR - COMMERCIAL PRINCIPAL 0488 981 076 michael.shadforth@raywhite.com

JULIE RYAN MAJOR ASSET SALES 0447 445 453 julie.ryan@raywhite.com

EMILY PENDLETON SALES & LEASING EXECUTIVE 0402 435 446 emily.pendleton@raywhite.com

DWAINE BATHERN SALES & LEASING ASSOCIATE 0499 568 419 dwaine.bathern@raywhite.com

DAVID GOLDSWORTHY SALES & LEASING ASSOCIATE 0481 996 794 david.goldsworthy@raywhite.com

LOUISE BRETT MARKETING MANAGER 0423 222 022 louise.brett@raywhite.com

BROCKE HAMBRECHT SALES MANAGER & AUCTIONEER 0466 599 724 brocke.hambrecht@raywhite.com

CHRIS MASSIE DIRECTOR - COMMERCIAL PRINCIPAL 0412 490 840 chris.massie@raywhite.com

TREVOR NELSON-JONES SALES & LEASING EXECUTIVE 0407 736 521 trevor.nelson-jones@raywhite.com

AARON CANAVAN SALES & LEASING EXECUTIVE 0447 744 948 aaron.canavan@raywhite.com

CHRISTINE FRENEY SALES & LEASING EXECUTIVE 0432 170 380 christine.freney@raywhite.com

ASHLEY REES DIRECTOR - SENIOR ANALYST 0411 707 410 ashley.rees@raywhite.com

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PINE RIVERS

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ROB DAWSON SALES & LEASING ASSOCIATE 0422 786 205 rob.dawson@raywhite.co

MORETON BAY

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BLAKE PRIMROSE SALES & LEASING ASSOCIATE 0423 555 043 blake.primrose@raywhite.com