IM - 6/24-26 Hancock Way, Baringa | Ray White Commercial Northern Corridor Group

INFORMATION MEMORANDUM 6/24-26 HANCOCK WAY, BARINGA, QLD 4551

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

THE OPPORTUNITY David Goldsworthy from Ray White Commercial Northern Corridor Group is pleased to present to the market unit 6/24-26 Hancock Way, Baringa. Servicing the fastest growing master-planned community in Australia, this industrial unit has premium street exposure with a well balanced design to accommodate for a range of business uses.

FEATURES • • • • • •

206m2* (63m2* mezzanine) Excellent natural light & LED lighting Flexible fitout options Ample on-site and street parking Premium tilt panel construction Great signage opportunities

Please contact David Goldsworthy from Ray White Commercial Northern Corridor Group for more information and to inspect.

DAVID GOLDSWORTHY 0481 996 794

SALES & LEASING EXECUTIVE david.goldsworthy@raywhite.com

MARKETING AGENT EXECUTIVE SUMMARY

ADDRESS

6/24-26 Hancock Way, BARINGA QLD 4551

REAL PROPERTY DETAILS

Lot 6 on Survey Plan 302540

ZONING

Low Impact Industry Zone

SITE AREA

206m 2*

LOCAL AUTHORITY

Sunshine Coast Regional Council

FOR LEASE

$30,000 P/A Net

* Approximate

DAVID GOLDSWORTHY 0481 996 794

SALES & LEASING EXECUTIVE david.goldsworthy@raywhite.com

Bells Creek Arterial - Bruce Highway Connection

Mitre 10

Mc Donalds

16

1

16

1

15

2

15

2

14

3

14

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13

4

13

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12

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12

5

UNIT 6

11

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11

10

7

7

10

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88

8

9

LOCATION

1 HOUR TO BRISBANE AIRPORT 30 MINS TO SUNSHINE COAST AIRPORT

5 MINS TO BRUCE HIGHWAY VIA A B-DOUBLE APPROVED ROUTE 15 MINS TO SUNSHINE MOTORWAY VIA NICKLIN WAY

7 MINS TO OCEANSIDE HEALTH HUB INCLUDING SUNSHINE COAST HOSPITAL

7 MINS TO CALOUNDRA CBD 25 MINS TO MAROOCHYDORE CBD 1 HOUR 20 MINS TO BRISBANE CBD

10 MINS TO SUNSHINE MOTORWAY VIA BRUCE HIGHWAY

$900 MILLION BRUCE HIGHWAY INTERCHANGE UPGRADE

1 HOUR 10 MINS TO PORT OF BRISBANE

POPULATION OF OVER 300,000 WITHIN A 30 MINUTE DRIVE PROJECTED POPULATION OF 470,000 BY 2036

A UR A BUS I N E SS P A R K O V E R V I E W Aura Business Park provides buyers with a choice of lots ranging from 1,005 square metres to over 6,000 square meters. The intention of the Business Park is to provide long term employment opportunities for the residents of Aura. It has been carefully thought out to cater for both technology and industrial businesses of all sizes.

Buyers and tenants in Aura Business Park will benefit from a number of features, some of which are not offered anywhere else on the Sunshine Coast. The major benefits include: • An internal Stockland approval process as part of a broader Plan of Development for the Aura Community meaning business owners and developers don’t have to go through the time consuming and often onerous conditions imposed by council • Reduced infrastructure and headwork charges in comparison to other industrial estates that fall under a council controlled planning process • Building design covenants intended to protect the long term value of your asset (a copy of the building design process can be obtained on request) • More flexible planning approval enabling scope for a lot more business uses including indoor recreation without the need to go through time consuming council approval processes (an initial consultation with RPS planners can be obtained free of charge for buyers wanting confirmation their intended use is allowable) • All lots will be sold with all essential services in place including power, water, sewer and NBN • Each lot will be sold with minimal fall meaning less cost to start building • Maximum site coverage of 70% • Maximum height limit of 10 metres • Land and building packages available for buyers wanting to purchase inside their superannuation fund

SU N SH I N E C O A ST Q UE E N S L A N D MAJOR PR OJECT S - R EGIONAL ECONOMIC D EVEL OP MENT

SUNSHINE COAST AIRPOR T MAJ O R E X PANS ION PROJECT $225 MILLION 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.

B R U C E H I G H WAY EXPANSION & U P G RA D E $1.6 BILLION 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 highspeed, high-volume corridor.

THE BRI GHT CITY NEW COAST CITY CENTRE 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 ground-breaking 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.

SUSHINE COAST UNIVERSITY HOSPITAL $1.8 BILLION Sunshine Coast University Hospital (SCUH) is a tertiary, teaching hospital servicing all parts of the Sunshine Coast and Gympie regions.

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.

SOLAR FARM R E N E W A B L E E N ERGY INVESTMENT $ 1 0 MILLION INVESTME N T Sunshine Coast Council’s solar farm is assisting the transition to renewable energy that 40,000+ Sunshine Coast households have already made with rooftop solar arrays (add all the solar rooftops together and the Sunshine Coast has 124MW solar capacity – data from Energex).

The Sunshine Coast Council hopes to leverage the solar farm to develop a ‘Clean Tech’ hub in the region. This hub provides opportunity to further develop this industry sector, encourage increased external investment in the region, and help drive increased and sustainable employment.

LIGHT RAIL PROJ ECT NEW LIGHT RAIL $2 BILLION INVESTMENT Mass transit is one of the major game-changing projects spearheading council’s plans to sustain the Coast’s prosperity, lifestyle and natural assets into the future.

Sunshine 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 2041. The light rail project, proposed to run between Maroochydore and Caloundra, would be up and running within a decade.

WHY INVEST IN AURA INDUSTRIAL PARK? Located just over one hour’s drive from the state capital of Brisbane, and with a population of more than 319,922 in 2018 (ABS, 2018) and a wider service catchment of more than one million people, the Sunshine Coast has a clear 20-year economic blueprint and vision to build a high-value economy of choice for business, investment and employment.

Significant capital investment is already underway on the Sunshine Coast…with more that A$2.5 billion direct investment has been committed across four major projects in addition to this more than A$10 billion in private investment is fuelling growth in a number of high-value industries across the region.

The

The Sunshine Coast is home to a flourishing innovation ecosystem built on networks and collaboration, which is a magnet for big thinkers, experienced leaders and world class talent. An exciting future for the Sunshine Coast is being developed on the back of strong economic foundations, valuable capital assets including award-winning health, education and aviation infrastructure, and a culture of innovation. The Sunshine Coast offers a winning combination of locational advantages, a lower cost of doing business, economic resources, government support and investment opportunities.

The

region is experiencing robust and sustained economic growth and is seeking discerning investors looking to capitalise o the associated market opportunities.

Sunshine

Coast economy (A$17.7 billion) has outpaced most regional economies in the country in terms of growth. The economy is forecast to grow from $16 billion in Gross Regional Product (GRP) in a strong and sustainable manner over the next 20 years to reach A$33 billion by 2033. The Sunshine Coast has outperformed most modern major economies in the world (World Bank, 2017).

According to the Sunshine Coast Councils’ Economic Development Strategy the Sunshine Coast economy is forecast to grow from $16 billion in Gross Regional Product (GRP) to $33 billion

L A R G E SC A L E B U SI N E S S E S T H A T I N V E S T E D T H E I R F U T U R E I N T H E S U N S H I N E C O A S T. . .

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.