IM - Suite 1, 127-137 Horton Parade, Maroochydore | Ray White Commercial Northern Corridor Group

INFORMATION MEMORANDUM SUITE 1, 127-137 HORTON PARADE, MAROOCHYDORE QLD 4558

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

IMPROVEMENTS

THE OPPORTUNITY Christine Freney and Emily Pendleton from Ray White Commercial Northern Corridor Group are pleased to present to the market this ground floor suite which is available immediately. The tenancy occupies a prominent location on the busy Maroochydore road and is located within the Government precinct. There is access to grease trap and exhaust, however the property could suit a multitude of uses.

FEATURES • • • • •

Prime exposure and signage opportunity 100m2 66 onsite carparks Incentives available Available immediately

For further information or to arrange an inspection please contact the marketing agents Emily Pendleton or Christine Freney.

Originally the Maroochydore Cinema complex, 127-137 Horton Parade was redeveloped in 1993 and comprises a modern architecturally designed, 3 level commercial building, in addition to a single level commercial building, nearest the corner of Horton Parade and Cornmeal Parade.

The buildings have reinforced concrete ground slab floor; reinforced suspended concrete slabs to upper levels; rendered concrete block and painted brick walls with sections of feature glass brick in-fills; powder coated aluminium framed fixed glass panels; reinforced concrete pier supports to upper level car parking; suspended twoway ceilings with recessed lighting and ducted airconditioning; painted plasterboard internal wall linings and internal dividing walls.

Ancillary improvements include 50 undercover car parking bays and 16 uncovered car parking bays, together with site landscaping, concrete driveways and cross-overs and bin storage areas.

EMILY PENDLETON 0402 435 446

ASSOCIATE DIRECTOR emily.pendleton@raywhite.com

CHRISTINE FRENEY 0432 170 380

SALES & LEASING EXECUTIVE christine.freney@raywhite.com

The ground floor of the 3 level building is currently occupied by the ANZ Bank as a banking chamber and also houses their business banking division while the upper levels of the 3 level building comprise commercial office accommodation ie. ANZ Private Bank, Projex Partners and Sunshine Coast Council.

The single level building on the corner is divided into 4 tenancies. The bulk of this building is occupied by the Department of Veterans' Affairs.

EXECUTIVE SUMMARY

ADDRESS

1/127-137 Horton Parade, Maroochydore QLD 4558

REAL PROPERTY DETAILS

L27 RP869371

BUILDING AREA

110m2

LOCAL AUTHORITY

Sunshine Coast Council

OUTGOINGS

$1,045.00 Per Annum

FOR LEASE

$35,200 Net + Outgoings + GST

MARKETING AGENTS

EMILY PENDLETON 0402 435 446

ASSOCIATE DIRECTOR emily.pendleton@raywhite.com

SUNCENTRAL CBD: 230 METRES BRISBANE CBD: 1 HOUR 30 MINUTES

SUNSHINE MOTORWAY: 5 MINUTES BRUCE HIGHWAY: 5 KMS

CHRISTINE FRENEY 0432 170 380

SALES & LEASING EXECUTIVE christine.freney@raywhite.com

* Approximate

CALOUNDRA: 20 MINUTES

MAROOCHYDORE AIRPORT: 15 MINUTES

NOOSA: 30 MINUTES

BRISBANE AIRPORT: 1 HOUR 15 MINUTES

SUNSHINE COAST KEY FACTS

• Listed in the Global Top 7 Intelligent Communities of 2019, the Sunshine Coast is Australia’s 9th largest city.

• Sunshine Coast Airport expansion, set for completion in 2020.This will deliver new infrastructure and facilities enabling enhanced domestic and international flight access to the region. This will also facilitate new freight capabilities and more direct access to global markets.

• World class healthcare facilities including the newly constructed Sunshine Coast University Hospital in Birtinya • Popular Shopping with a recent $440 million dollar expansion and refurbishment of Sunshine Plaza • From 2020, the Sunshine Coast will deliver Australia’s fastest telecommunications connection to Asia from the east coast with links to Guam, Japan and USA. • In a region already soaring above others, Maroochydore’s new Central Business District is set to deliver significant economic benefits and an unrivalled investment opportunity located just 500m from Urban on Beach.

• The Sunshine Coast offers a winning combination of advantages; a lower cost of doing business, economic resources, government support and investment opportunities. The region is already experiencing robust economic growth and is seeking discerning investors looking to capitalise on the associated market opportunities.

• The region lives up to its name with clear blue skies, subtropical climate, a vibrant, green hinterland and an abundance of sunshine averaging seven hours per day, over 300 days per year. These many natural assets have made the region one of Australia’s prime tourist destinations and the perfect place to enjoy a healthy and active lifestyle.

• World class education facilities including the newly expanded University of The Sunshine Coast set to increase to an enrolment of 20,000 by 2020, • The Sunshine Coast economy has outpaced most of the regional economies in the country in terms of growth over the last 15 years. The economy is anticipated to grow strongly to reach A$33 billion by 2033, accompanied by an increase in knowledge-based jobs, exports and household income.

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.

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.