IM | 6 Bruce Parade, Glass House Mountains | Ray White Commercial Northern Corridor Group

INFORMATION MEMORANDUM 6 BRUCE PARADE & 8 REED STREET GLASS HOUSE MOUNTAINS

SALE EXPRESSIONS OF INTEREST CLOSING THURS 24 FEB, 4PM

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

THE OPPORTUNITY

Ray White Commercial Northern Corridor Group is pleased to offer 6 Bruce Parade & 8 Reed Street, Glass House Mountains for sale via Expressions of Interest closing Thursday 24th February, 4pm.

The three road frontage gateway site at the entry to the Glass House Mountains village centre is strategically located to cater to an expanded array of facilities that would support both local residents as well as the needs of tourists and daytrippers to the region.

Features include: - 2,373m2 land area across two Titles - Corner position with three street frontages - Located at the entrance of the Glass House Mountains village centre - Less than 200m* to Train Station - Less than 10 mins* to Bruce Highway - Adjacent to Tavern - Opposite IGA, Post Office, Health Care tenancies and Tourist Information Centre - Zoned Local Centre - Priority Infrastructure Area - No surrounding vacancies For further information or to arrange an inspection, please contact Chris Massie or Aaron Canavan.

* Approximately

CHRIS MASSIE 0412 490 840

DIRECTOR - COMMERCIAL PRINCIPAL chris.massie@raywhite.com

AARON CANAVAN 0447 744 948

ASSOCIATE DIRECTOR aaron.canavan@raywhite.com

EXECUTIVE SUMMARY ADDRESS

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REAL PROPERTY DETAILS

L1-2 RP138970 | Title Search 15171097 & 15126046

ZONING

Local Centre

LOCAL AUTHORITY

Sunshine Coast Council

LOCAL PLAN AREA

Glass House Mountains Local Plan Area

OVERLAYS 6 Bruce Parade

Extractive Resources, Flood Hazard, Height of Buildings and Structures, Landslide Hazard and Steep Land, Regional Infrastructure, Scenic Amenity. View information here

OVERLAYS 8 Reed Street

Extractive Resources, Height of Buildings and Structures, Landslide Hazard and Steep Land, Regional Infrastructure, Scenic Amenity. View information here

USES Full list of uses here

Uses include Car Wash, Food and Drink Outlet, Health Care Services, Hotel, Office, Service Station, Shop, Child Care Centre, Low Impact Industry, Service Industry, Sport & recreation, Community use and more. Full list of uses here

ROAD FRONTAGE

Reed Street - 27.5m* Bruce Parade - 177.8m* Burgess Street - 16.3m*

LAND AREA OUTGOINGS

6 Bruce Parade - 1,349m2* 8 Reed Street - 1,024m2* Total land size: 2,373m2* Water: $800.00* per annum Rates: $1,801.20* per annum Total: $2,601.20* per annum

SALE PROCESS

* Approximate

Expressions of Interest Closing Thursday, 24 February, 4pm

MARKETING AGENTS

AARON CANAVAN 0447 744 948

ASSOCIATE DIRECTOR aaron.canavan@raywhite.com

CHRIS MASSIE 0412 490 840

DIRECTOR - COMMERCIAL PRINCIPAL chris.massie@raywhite.com

*Outlines and markings are indicative only

GLASSHOUSE MOUNTAINS KEY FACTS

* Retail and service rental space needs to double in next 8 years to accommodate growth of the area. * Identified as a nature and hinterland tourism focused area in the Sunshine Coast planning scheme, accommodating low impact visitor accommodation and related tourism services . * Household income greater than the Sunshine Coast average, but remaining lower than the State average, reflective of the high rate of older, retiree aged persons within the area. *Glass House Mountains has an important dual role - servicing local service and activity center for community, as well as functioning as a focal point to build nature based tourism activities *There are no motels, hotels or caravan parks within the township although there are a range of Air B&B facilities in the immediate surrounds as well as the 4 star Glass House Mountains Eco Lodge, Glass on Glasshouse and the 3 star Glass House Mountains & Beerwah Motel on Steve Irwin Way to the north of the township of Glass House Mountains. Together these three facilities offer only 23 rooms. *There are no vacancies within the township to attract new tenants or cater to the needs of existing tenants to expand as the township absorbs new residential subdivisions. *There are limited facilities that cater to the needs of daytrippers and visitors to the area * The ongoing appeal of nature- based tourism, agri- tourism and eco- tourism experiences is expected to generate strong growth in visitor numbers to areas such as the Sunshine Coast Hinterland that offer both connectivity to these experiences and a range of facilities and amenities to service the needs of these visitors. * Neighbouring town Beerwah East has been identified as a major future urban expansion area for the Sunshine Coast in the ShapingSEQ South East Queensland Regional Plan 2017.

SUNSHINE COAST INFRASTRUCTURE GROWTH SNAPSHOT

SOLAR FARM

USC UNIVERSITY

$10 MILLION ECONOMIC BENEFIT 100% of council electricity offset by renewables

$81 MILLION EXPANSION COMPLETE Growing towards 35,000 students

SUBMARINE CABLE

LIGHT RAIL PROJECT

$1.1 BILLION PER ANNUM TO QLD ECONOMY

STAGE 1 BY 2025 - 9,000 JOBS Supporting our $2.7 billion tourism industry

SUNSHINE COAST AIRPORT 2,230 JOBS

HARMONY

$4.1 billion contribution to the economy

$3 BILLION DEVELOPMENT 17,000 residents

WATER PARK RESORT

SUNSHINE COAST HOSPITAL

$130 MILLION PROJECT 160-villa family resort & cutting edge wave pool

4,600 JOBS $2.03 billion investment

MAROOCHYDORE CBD

AURA

15,000 JOBS BY 2025 $4.4 billion contribution to the economy

50,000 RESIDENTS $7 billion+ investment

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.

MORETON BAY

AARON CANAVAN ASSOCIATE DIRECTOR 0447 744 948 aaron.canavan@raywhite.com

MICHAEL TUTTICCI SALES & LEASING ASSOCIATE 0466 247 602 michael.tutticci@raywhite.com

ASHLEY REES DIRECTOR - SENIOR ANALYST 0411 707 410 ashley.rees@raywhite.com

JOSHUA PENGELLY SALES & LEASING ASSOCIATE 0423 555 043 joshua.pengelly@raywhite.com

MICHAELA WEBB PERSONAL ASSISTANT TO CHRIS MASSIE 0409 202 066 michaela.webb@raywhite.com

SUNSHINE COAST

MICHAEL SHADFORTH DIRECTOR - COMMERCIAL PRINCIPAL 0488 981 076 michael.shadforth@raywhite.com

EMILY PENDLETON ASSOCIATE DIRECTOR 0402 435 446 emily.pendleton@raywhite.com

JULIE RYAN MAJOR ASSET SALES 0447 445 453 julie.ryan@raywhite.com

SAMUEL HOY SALES & LEASING EXECUTIVE 0423 795 273 samuel.hoy@raywhite.com

CHRISTINE FRENEY SALES & LEASING EXECUTIVE 0432 170 380 christine.freney@raywhite.com

DWAINE BATHERN SALES & LEASING ASSOCIATE 0499 568 419 dwaine.bathern@raywhite.com

DAVID GOLDSWORTHY SALES & LEASING EXECUTIVE 0481 996 794 david.goldsworthy@raywhite.com

CHARLEE LIVESEY ADMINISTRATION ASSISTANT 1300 255 075 charlee.livesey@raywhite.com

BRENDAN KING MARKET ANALYST 1300 255 075 brendan.king@raywhite.com

BROCKE HAMBRECHT SALES MANAGER & AUCTIONEER 0466 599 724 brocke.hambrecht@raywhite.com

TREVOR NELSON-JONES SALES & LEASING EXECUTIVE 0407 736 521 trevor.nelson-jones@raywhite.com

LUKE HOBMAN SALES & LEASING EXECUTIVE 0434 053 164 luke.hobman@raywhite.com

PINE RIVERS

CHRIS MASSIE DIRECTOR - COMMERCIAL PRINCIPAL 0412 490 840 chris.massie@raywhite.com

MORETON BAY

SUNSHINE COAST

PINE RIVERS

PROPERTY MANAGEMENT

3/125 Morayfield Road Morayfield QLD 4506

1/172 Brisbane Road Mooloolaba QLD 4557

Suite 13, 104 Gympie Road Strathpine, QLD 4500

9/113-137 Morayfield Road Morayfield QLD 4506

Ray White North Northern Corridor Group 3/125 Morayfield Road Morayfield QLD 4506 T 1300 255 075 F 07 5430 3799 raywhitecommercial.com

Expression of Interest Form Address:

6 Bruce Parade & 8 Reed Street, Glass House Mountains

Date:

______________________

Submit to: Attention to Phone Email address Address

Chris Massie / Aaron Canavan Ray White Northern Corridor Group 0412 490 840 (Chris) 0447 744 948 (Aaron) Chris.massie@raywhite.com Aaron.canavan@raywhite.com PO Box 638 Morayfield QLD 4506

1. Interested Party’s Details Person or Company Name ACN or ABN Significant shareholders / Directors (if company) Address Contact Person Telephone No. Email Address

1

Ray White North Northern Corridor Group 3/125 Morayfield Road Morayfield QLD 4506 T 1300 255 075 F 07 5430 3799 raywhitecommercial.com

2. Interested Party’s Solicitors Details Firm Name Contact Person Address Telephone No. Email Address

3. Price + GST Purchase Price

$

4. Settlement Details Settlement Period

days from Contract Date

5. Finance (if required) Finance

days from Contract Date

6. Deposit Deposit

$

payable with two (2) days from Contract Date

7. Special Conditions

2

Ray White North Northern Corridor Group 3/125 Morayfield Road Morayfield QLD 4506 T 1300 255 075 F 07 5430 3799 raywhitecommercial.com

8. Acknowledgement I/we acknowledge that: (a) I/we have completed sufficient independent examination, investigation and inspection of the Property as I/we consider appropriate prior to submitting an Offer to Purchase; (b) The Vendor may at any time (in their discretion) alter or discontinue the process of the sale of any or all of the Property and, if they do so, the Vendor will not incur any liability whatsoever to any interested Party; (c) The Vendor reserves the right to call upon me/us to provide evidence of my/our ability to complete the purchase

Dated this _____________ day of _______________ 2022 Executed for and on behalf of:

______________________________ Print name of Interested Party

______________________________ Signature

______________________________ Position of Signatory (if company)

3