IM 7 Broad Street, Sarina | Ray White Commercial Northern Corridor Group

2,989M 2* DEVELOPEMENT SITE

4-20 BROAD STREET, SARINA QLD 4737

I N FOR M AT I ON M EM OR AN D U M

THE

OPPORTUNITY

7 Broad Street, Sarina offers flexible development options on a high-visibility Bruce Highway site.

While approved as a motel, the site has potential as a “Drive Through”, childcare or retail.

This site offers exceptional value for money with site works and other improvements that cost far more than the asking price.

NATIONAL RETAIL INVESTMENT thomas.brown@raywhite.com

JULIE RYAN 0447 445 453

MAJOR ASSET SALES julie.ryan@raywhite.com

Sarina is a high growth area of Qld. and the region has massive employment upside with resources sector and the nearby Hay Point port. Recent changes to the resources industry locally has meant that the “fly in/fly out” workforce has been substantially replaced by the “drive in/drive out” workforce, and this puts Sarina in an excellent position.

With changes to road infrastructure, Sarina is likely to grow in importance, as the ring road under construction will create a bypass of Mackay for a substantial portion of traffic. This means that as a ‘stopping off point’ between Rockhampton and Townsville for road traffic, Sarina is in an ideal location to benefit. When driving north on the Bruce Highway, Sarina is the first substantial stopping point for 300*km.

S U MMARY

THOMAS BROWN 0434 186 767

Address

7 Broad Street, Sarina, Qld 4737

Land Area

2,989m2*

Description

Lot 22 SP212087

Local Authority

Mackay Regional

Zoning

Commercial

SALE PRICE

$950,000

FOR SALE WOOLWORTHS

SUBJECT DEVELOPEMENT SITE

THE

APPROVAL ADJOINING EXISTING BUILDING

B R O

•5 0 Unit motel

A D S

• Caretakers residence

T R E

• Built to slab-on-ground

T

LOT 21

45 50 44 49

TEL

ITS

UN

4 43 MO OCK Y 48 BLSTORE 2

E U C B R

LK WA

WATER TANK

Y WA

32 40

E

ADJOINING EXISTING BUILDING

UP

42 47 UP

29

NITS 37 EL U MOT CK 3 28 BLO REY O 2 ST

36 ENTRY / EXIT

WAY

WALK

27 35

UP

25 33

19 24

UP

WALKWAY

17 22

MOTEL UNITS BLOCK 2

P

RAM

2 STOREY 10,000 L ABOVE GROUND WATER TANK

N

18 23

16 21

UP

WALKWAY

15 20

RAMP

26 34

7 14

6 13

5 12

4 11

MOTEL UNITS BLOCK 1

3 10

2 9

1 8

GATE

MANAGERS UNIT

2 STOREY

10,000 L ABOVE GROUND WATER TANK

STORE ADJOINING EXISTING BUILDING ADJOINING EXISTING BUILDING

Y W A G H H I

41 46

30 38

FOOTPATH

WAY

WALK

31 39

THE

LOCATION WHY SARINA •S trong regional economy • Growing population • Coastal location • 4 major roads intersect at Sarina

• First major stopping point for 300km for traffic heading north on the Bruce Highway • The Mackay Ring Road project (currently under construction) will create a bypass for a significant volume of traffic which will increase the importance Serina for travellers • Growing population and strong fundamentals. Predominately working families with children (65% aged 15-64 years and 20.1% aged under 15 years) • Growth rate of 3.5% (Source: Mackay Regional Council) is double the Qld average of 1.7% (Source: Qld Govt.

Statistician Office)

i

• Hay Point (6 km away from Sarina) one of the largest coal ports in the world, and has two separate coal terminals, Hay Point Coal Terminal (HPCT) and Dalrymple Bay Coal Terminal (DBCP). The workforce for these terminals and many other resource projects in the area live in Sarina, Mackay and other attractive nearby communities. HPCT &DBCP export primarily metallurgical coal, a key resource in the steel-making process.

A large number of this workforce need to drive through Sarina to get to their work (if they do not already live here) and this makes the retail sector of Sarina of strategic value.

• Sarina Hospital development scheduled to commence in 2023 ($43million dollar development). Detailed design for the hospital is in process.

WHY THE BOWEN BASIN REGION? Mackay’s employment, investment and development opportunities, buoyant economy and lifestyle attributes are just some of the many positive aspects that encourage people to live, work and play in the Mackay region.

The region has experienced the most prolonged period of growth in recent history and Mackay has established itself as a modern, regional city. The region’s growth is fuelled by the strength of our diversified economy, led by our globally recognised resource and engineering sector, resurging agribusiness, and growth in construction, education, logistics and tourism.

Mackay is the gateway to the rich coal deposits in the Bowen and Galilee Basins and hosts much of the engineering, manufacturing and resource service industries supporting the wider Mackay-Isaac-Whitsunday economies.

Only an hour’s flight from Brisbane, the region boasts many benefits of a fast-growing coastal city. Its coastal location is complemented by its spectacular natural environment, which includes 31 beaches, a picturesque blue river and pristine rainforest hinterland. Mackay also boasts easy access to the world-famous Whitsunday Islands, a group of 74 pristine islands in the heart of the Great Barrier Reef.

Brewers Park

U-Haul Police Station

Library

State School

Ray White

Dominos

Tandara Hotel

SUBJECT DEVELOPEMENT SITE

Mitre 10

* Locations indicative

WOOLWORTHS SARINA

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.

7. I nterested 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.

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.

9. N o 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.

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.

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.

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.

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.

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.

C A PA B L E & C O N N E C T E D COMMERCIAL RETAIL SERVICES

JULIE RYAN 0447 445 453

MAJOR ASSET SALES julie.ryan@raywhite.com

THOMAS BROWN 0434 186 767

NATIONAL RETAIL INVESTMENT thomas.brown@raywhite.com