11-13 Bertha Street, Caboolture

INFORMATION MEMORANDUM

11-13 BERTHA STREET CABOOLTURE QLD 4510 Prepared by Chris Massie Senior Sales & Leasing chris.massie@raywhite.com 0412 490 840

Ray White Commercial North Coast Central

THE OPPORTUNITY Ray White Commercial North Coast Central is pleased to offer 11-13 Bertha Street, Caboolture for Sale.

•1,358m2* of premium office space • $439,039.26* Net income • 3 Tenancies • 72 car parks including 43 secure underground car parks • Strong leasing history since construction • Full government tenancy compliance *Approximate, as supplied by the Vendor

EXECUTIVE SUMMARY The property

11-13 Bertha Street, Caboolture QLD 4510

Property description

Lot 100 on SP244544

Title reference

50880804

Zoning

Business or Centre

Local Authority

Moreton Bay Regional Council

Net Lettable area

1,358m2*

Land area

1,622m2

Net Income

$439,039.26* per annum

Sale Price

$5,959,000.00 Chris Massie SENIOR SALES & LEASING EXECUTIVE

Marketing Agent

E chris.massie@raywhite.com T 1300 25 50 75 M 0412 490 840

* Approximately ^ Important: Prospective purchasers conduct due diligence investigations of the property strictly at their own expense and risk, and the vendor will have no liability in relation to such expenses.

Consent by the vendor to the conduct by any potential purchaser of due diligence activities or investigation will not in any circumstance be construed as a representation that the vendor will be exercising, or refraining from exercising its rights to deal with the property, or any representation that the vendor intends to contract with that potential buyer, or at all.

1

TENANCY INFORMATION Tenancy

1

Tenant

Blue Care

Size

932m2

Rent

$275,178.98* net Per Annum

Lease Term

Three (3) Years

Options

1 x 3 years

Lease Commencement

01-04-2018

Lease Expiry

31-03-2021

Increases

CPI

Tenancy

G1

Tenant

Intercept

Size

280m2

Rent

$102,097.25* net Per Annum

Lease Term

Two (2) Years

Options

1 x 1 year

Lease Commencement

19-09-12

Lease Expiry

18-09-2020

Increases

3%

Tenancy

G3

Tenant

Mobbs & Company

Size

146m2

Rent

$61,763.03* net Per Annum

Lease Term

Eight (8) Years

Options

NIL

Lease Commencement

1-02-2011

Lease Expiry

31-01-2019

Increases

4%

At Blue Care we put our clients’ individual needs first through a personcentred approach to care. Over a 60-year history of providing care and support, Blue Care is there for you when you need a helping hand.

Our team of over 11,000 staff and volunteers work across Queensland and northern New South Wales to support people of all ages to remain connected to their communities and to remain as independent as possible.

Blue Care’s experienced team partners with our clients and their families/ carers to achieve the best possible care that supports independence and quality of life. www.bluecare.org.au

Intercept represents the young people of Moreton Bay and speak out for those who need our help the most. If you’re aged 10-18 years and are having trouble at home, school or life – Intercept are there to help you through the tough times. There is always someone on hand to get you through life’s speed bumps. lccqld.org.au/community-services-youth-support-caboolture

Mobbs & Company have a specialised team to assist with all your Self Managed Superannuation Fund needs.

We can assist with all areas of our Superannuation Fund, from setting up your SMSF to preparing your Financial Accounts and Taxation Returns.

Our qualified staff are here to assist you; whether it is borrowing through your superannuation or any queries that you may have in between.

You can be assured that we can simplify your affairs and offer you the accurate and professional advice that you need, in a timely manner. www.mobbsandcompany.com

TENANCY SUMMARY Est Outgoings

Net Rental

Lease Start

Lease End

Further Options

Increase

Blue care $316,880.00

63%

$41,701.02*

$275,178.98*

01-04-18

31-03-21

1 x 3 years

CPI

932

$295.26

Intercept

$117,052.57

23%

$14,955.32*

$102,097.25*

19-09-12

18-09-20

1 x 1 year

3%

280

$364.63

Mobbs

$71,122.69

14%

$9,359.66*

$61,763.03*

01-02-11

31-01-19

NIL

4%

146

$501,645.96 100%

$66,016.00*

$439,039.26*

Total

2

Income (exl GST)

%

Tenancy

Area m2

1,358*

Rate/ m2

$423.03 $323.30

Caboolture Square Shopping Centre

Court & Police Station

Centrelink & Medicare

Subject Property

Caboolture Train Station

Chris Massie Senior Sales & Leasing chris.massie@raywhite.com 0412 490 840

3

Medical Sports Clinic

Ray White Commercial North Coast Central ABN 98 933 833 870 raywhitecommercialnorthcoastcentral.com