Ray White Commercial Northern Corridor Group WAREHOUSE FOR SALE VIA AUCTION MAROOCHYDORE SERvicE StREEt 4 Inf OR m Ati O n mEmORAndUm
4 SERVICE STREET, MAROOCHYDORE QLD c O nt E nt S Introduction PG 03 Property Overview PG 04 Aerial Overview PG 06 Property Summary PG 08 Floor Plan PG 09 Maroochydore Overview PG 10 Sunshine Coast Demographics PG 12 Major Projects PG 14 Disclaimer PG 16 Auction Documentation PG 17 Conditions of Sale PG 18 Bidder Registration PG 19
3* Approximately All enquiries in relation to this property are to be directed to the exclusive marketing agents: Emily Pendleton and Charlee Livesey from Ray White Northern Corridor Group are pleased to present to the market 4 Service Street, Maroochydore for sale by on-site Auction. The property is freestanding and situated in a medium impact industry zone. There are currently no warehouses for sale in this precinct and it is very difficult to find anything to own and occupy on the Sunshine Coast at this size at the moment. Quality freestanding warehouse Located in the highly sought after position of Maroochydore In close proximity to the Sunshine Motorway and Maroochydore CBD 1,001m2* land area 448m2* building area Previously occupied by a Laundromat Ample power and drainage available Modern tilt slab construction, clear span with high clearance roller doors Secure complex with electric gate m E t HO d O f SALE This property must be sold on or before Auction. Auction on-site Thursday 6 Oct 2022 at 4pm. Int RO d U cti O n 0402 435 emily.pendleton@raywhite.com446 Emily Pendleton 0414 297 charlee.livesey@raywhite.com650 Charlee Livesey
4 SERVICE STREET, MAROOCHYDORE QLD P ROPER ty Ov ERvi EW URPOSEPbUiLt AddRESS 4 Service MaroochydoreStreet,QLD4558 ZOninG MediumIndustryImpactZone LAnd AREA 1,001m2* REALdEPROPERtytAiLS Lot 15 on RP157073 bUiLdinG AREA 448m2* LOcAL AUtHORity SunshineCouncilCoast fOR SALE On-site Auction Thurs 6 Oct 2022 * Approximately
5 StyLE Built for a warehousefreestandingstandoutand office building with ample power, plumbing, drainage, plant and equipment for a laundromat and kitchen textile service business SPEEd Convenient to north and BruceconnectionssouthtoHighwayandjustofftheSunshineMotorway tALEnt Highly sought after, tightly held precinct next to the MaroochydoreCBD AccESS warehouseFunctionaldesignwithamplehardstand
4 SERVICE STREET, MAROOCHYDORE QLD A ER i AL Ov ERvi EW EAST COAST TRAFFIC MAROOCHYDORESERVICESBEACHMELLINGTONSMASHREPAIRS HARVEYREPAIRSSMASH SERVICE STREET SUNSHINESUNSHINEFOUNDATIONENDEAVOURCOAST4WDCENTRE
7 QEBS SUNSHINECOMMERCIALMOTORWAYROADSUNSHINETRAILERSCOAST * Locations and outline indicative
4 SERVICE STREET, MAROOCHYDORE QLD P ROPER ty S U mm ARy = Ground Floor 396m2* Office 52m2* Mezzanine tOtAL b UIL d I n G 448 m 2* Site Area 1,001m2* Roller Door 1 single - 5.3m* Height 1 double - 5.3m* Ceiling Height 5.5m - 6.6m* OU tGOI n GS Council Rates $3,580.26 P/A Building Insurance $5,364.52 P/A Water Rates (Previously a laundromat, on high water consumption)
BATH * Plan and dimensions indicative
4 SERVICE STREET, MAROOCHYDORE QLD mAROO c H yd ORE Ov ERvi EW 15 MINS* MAROOCHYDORETO* AIRPORT 1 HR BRISBANETO AIRPORT 5 MINS* TO BRUCE HIGHWAY 2 MINS SUNSHINETOMOTORWAY 3 MINS* MAROOCHYDORETO CBD 1 HOUR 20 MINS TO BRISBANE CBD 16 MINS* MOOLOOLABATO MARINA 1 HR 10 MINS* TO PORT OF BRISBANE * Approximately
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4 SERVICE STREET, MAROOCHYDORE QLD S U n SH in E cOAS t d E m OGRAPHI c S Source: 1 QGSO - Queensland Regional Profiles MAROOCHYDOREMEDIANHOUSEPRICE 1 $800,000 12 months ending 31 March 2022 1 VACANTMEDIANLAND1 $410,750 RESIMAROOCHYDOREMEDIANASKINGRENT1 $575 3 bed 12 months30 June 2022 PROJECTED POPULATION 2041 1 518,004346,648 POPULATION SUNSHINE COAST 1 21.2% RESIDENTS AGED 65 YEARS & OVER 1 $99,840YR MEDIAN TOTAL FAMILY INCOME 1 $39,260YR MEDIAN TOTAL PERSONAL INCOME1 MEDIAN RESIDENT AGE 1 43.1 YRS TOP TWO EMPLOYMENT INDUSTRIES 1 1. Construction (21.8%) 2. Professional, scientific and technical services (12.9%)
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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. 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. The upgrade will separate long distance traffic from local traffic movements, allowing the highway to function as a high-speed, high volume corridor.
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. 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.
EXPAHIGHWAynSIOn $1.8UPGRADEBILLION
4 SERVICE STREET, MAROOCHYDORE QLD mA j OR P ROj E ct S
SUnSHInEAIRPORcOAStt $225 MILLION EXPANSIONMAJOR
tHEcbRIGHtIty NEW COAST CENTRECITY 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. 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.
15 SUnSHInE cOASt UnIvERSIty HOSPItAL $225 MILLION CoastallteachingHospitalSunshineEXPANSIONMAJORCoastUniversity(SCUH)isatertiary,hospitalservicingpartsoftheSunshineandGympieregions. SCUH saw its first patients on 21 March 2017 and was officially opened on 19 April 2017 by the Queensland Premier and Minister for Health and Minister for Ambulance Services. SCUH opened with about 450 beds, with plans to grow to 738 beds by 2021. Services and capacity at SCUH will continue to develop over the coming years. REnEWAbLEEnERGy $10 employment.increasedtheexternalsector,furtherhubTech’farmhopesTheEnergex).capacityCoastandtherooftophaveSunshineenergytransitionsolarSunshineINVESTMENTMILLIONCoastCouncil’sfarmisassistingthetorenewablethat40,000+Coasthouseholdsalreadymadewithsolararrays(addallsolarrooftopstogethertheSunshinehas124MWsolar–datafromSunshineCoastCounciltoleveragethesolartodevelopa‘Cleanhubintheregion.Thisprovidesopportunitytodevelopthisindustryencourageincreasedinvestmentinregion,andhelpdriveandsustainable
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 The2041.light rail project, proposed to run between Maroochydore and Caloundra, would be up and running within a decade.
Mass transit is one of the major council’sprojectsgame-changingspearheadingplanstosustain the Coast’s prosperity, lifestyle and natural assets into the Sunshinefuture.
LIGHt RAIL PROjEct $2 INVESTMENTBILLION
4 SERVICE STREET, MAROOCHYDORE QLD d IS c LAI m ER
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.
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.
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.
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.
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.
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.
12. The Information must not be reproduced, transmitted or otherwise made available to any other person without our prior written consent.
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.
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:
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.
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.
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.
17 AU cti O n d O c U m E ntAti O n
The 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
COMPLETION OF AUCTION DOCUMENTATION
The 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.
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
The 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.
The 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.
The highest approved Bidder will be the Buyer subject to: 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
GST ANNOUNCEMENT AND CLARIFICATION
EF073 12/19 © Copyright The Real Estate Institute of Queensland Ltd Page 1 of 1
At auction the Auctioneer will announce in clear terms: If GST is to apply or not; and 2 One of the following applicable GST Clauses
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. 12. a b 2 13 3 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 4 5 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 6Sale . 7 8. 9 The Bidder warrants their ability to enter and complete the Contract of Sale in accordance with its terms 10. 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
IF THE SELLER IS NOT REGISTERED FOR GST:
1 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
DSignature ate Date
Bidders Signature Bidders
• • • 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 a b 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
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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 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 If the Buyer does not pay the deposit, at the Seller's option: a b 16 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 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.
4 SERVICE STREET, MAROOCHYDORE QLD Conditions of Sale – Public Auction
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 a b 14 the reserve price, if any; and the Seller's approval Finance; and Building and Pest Inspection Reports re open the bidding; and/or determine the dispute in any other way the Auctioneer considers appropriate in his/her absolute discretion
The Buyer acknowledges that the Contract of Sale will not be conditional on any of the following: Bids will only be accepted from registered Bidders
Bidders must use the numbered identifier provided by the Auctioneer to make a bid during the auction Without affecting condition 11, if there is any dispute over a bid or the result, the Auctioneer may:
19 4 Service MaroochydoreStreet QLD 4558
Ray White Commercial Northern Corridor Group MAROOCHYDORE SERvicE StREEt 4 Inf OR m Ati O n mEmORAndUm Associate Director | Senior Sales & Leasing Executive 0402 435 emily.pendleton@raywhite.com446 Emily Pendleton Sales and Leasing 0414Associate297 charlee.livesey@raywhite.com650 Charlee Livesey
