In The Know - Brendale Q3 2019 |Ray White Commercial | Northern Corridor Group

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BRENDALE REGION AREA EXPERTS

AUCTION (SEE PAGE 4) 15-17 BALD HILLS ROAD, BALD HILLS

BROCKE HAMBRECHT 0466 599 724 SALES & LEASING EXECUTIVE

ONE TEAM - THREE LOCATIONS

TR EVOR NELS ON-JO NE S 0407 736 521 SALES & LEASING EXECUTIVE

ROB DAWSON 0422 786 205

SALES & LEASING ASSOCIATE

GUY UPCHURCH 0410 614 240

DIRECTOR OF ASSET MANAGEMENT

3 RD QUARTER 2019

WELCOME

The squashing of concerns around negative gearing and two successive interest rate adjustments have added confidence to an already robust investor market. Appetite is particularly strong for multitenanted freehold properties, regardless of tenant covenants.

We suspect this is in response to continued lender focus on buyer serviceability and risk mitigation.

A word from Brocke The second quarter of 2019 proved to be a frustrating “hurry up and wait” period for most businesses across the northside. An extended Easter and Anzac period rolled into an election that seemed to suck the momentum from all but the most necessary of daily business tasks. However, the response from business to the result was immediate. Leasing enquiry across industrial sectors in particular spiked, with a “Pre-Christmas move” being a common theme.

How we measure

UP

We are pleased to announce a new addition to the team, with Rob Dawson joining as a leasing associate to help service our North Brisbane owners. He will have a full plate from day one as all signs indicate strong sustained momentum through to the end of the year. It is truly an exciting time for commercial property across the Northern Corridor.

Brocke Hambrecht Sales & Leasing Executive & Group Auctioneer

2019 2ND QUARTER sales & leasing results

Q2 Sales $17,125,610 5 Industrial 6 Retail 5 Office

25 TOTAL SALES

8 Land 1 Other

Q2 Leases $2,453,676 17 Industrial 22 Retail 14 Office 4 Land 2 Other

59 TOTAL LEASED

NCG DEPARTMENT HEADS

MICHAEL SHADFORTH SUNSHINE COAST DIRECTOR 0488 981 076

CHRIS MASSIE MORAYFIELD DIRECTOR 0412 490 840

ASHLEY REES SENIOR PROPERTY ANALYST 0411 707 410

PAUL LUMTIN EXECUTIVE DIRECTOR 0428 222 620

GUY UPCHURCH DIRECTOR OF ASSET MANAGEMENT 0410 614 240

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BRENDALE AREA EXPERTS - LEASED & SOLD COMMERCIAL PROPERTY

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Since the finalisation of the election, industrial requirements in the Brendale region have improved significantly. All sizes are attracting enquiry but the 300-600m2 vacancies are drawing the most attention. Stock levels remain tight and the handful of speculative developments currently under way will do little to satisfy the growing demand of businesses transitioning out of the inner-North.

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8/40 TERRENCE ROAD, BRENDALE

7/327 GYMPIE ROAD, BRENDALE

17A/15-17 BALD HILLS ROAD, BALD HILLS

• 179m2* Tilt Slab Unit • Full tilt slab construction • Zoned General Industry

• 301m²* • Zoned central business • Good on site parking

• Glass display • Off-street parking • A quick walk to train station

$24,000 P/A - TREVOR

$60,000 P/A - TREVOR

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$14,200 P/A - BROCKE

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3/54 PAISLEY DRIVE, LAWNTON

19 MOONBI STREET, BRENDALE

1342-1346 ANZAC AVENUE, KALLANGUR

• Exposure to Paisley Drive • Car parking available • Great signage opportunities

• 2063m²* Allotment 1000m² Building • 5 Tenancies, 4 Tenants • Outgoings fully recovered

• Opposite North Leagues Club • Multiple public transport options • 220m to the town centre of Kallangur

$20,800 P/A - TREVOR

$1,230,000 - TREVOR

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$925,500 - BROCKE

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17 BELCONNEN STREET, BRENDALE

16/445-451 GYMPIE ROAD, STRATHPINE

5/126 SOUTH PINE ROAD, BRENDALE

• Land area 3174m²* Building area 665m²* • Full security fence & gates • 620m²* Workshop/warehouse

• 295m²* on the ground • Approximately 200m²* Mezzanine floor area • Zoned Commercial

• 143m²* • Office area • Zoned general industry

$1,600,000 - TREVOR

$28,140 - TREVOR

$260,000 - TREVOR

For a full list of current opportunities for sale or lease visit raywhitecommercialnortherncorridorgroup.com.au

* Property outlines, sizes & landmarks indicative

WHAT'S YOUR NEXT MOVE

SELLING OR LEASING? Speak to your local area experts today

Northern Corridor Group We don't wait, we hunt!

AGENTS TOP PICK

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AUCTION 10.30am 9 August 2019

15-17 BALD HILLS ROAD, BALD HILLS - FOR SALE

Auction to be held in our corporate auction room Level 26, 111 Eagle Street, Brisbane CBD.

• Total building size 1,012m2*

This is an extraordinary opportunity to acquire this tenanted freehold property situated on the main retail strip in Bald Hills town centre and just metres from the Train Station.

• Outgoings $17,486 P/A + GST

Our seller is highly motivated & has instructed us to present all offers prior to auction.

• Large signage opportunity

For further information or to book an inspection contact agent Brocke Hambrecht 0466 599 724

• Gross holding income $134,702 P/A + GST • 350m from Bald Hills Train Station • Off street parking & more at rear of the tenancy • Central town location, close by public transport & schools • 5 minute drive to Westfield Strathpine • On site amenities

ARE YOU THINKING OF

SELLING OR LEASING? Speak to your local area experts today

Northern Corridor Group We don't wait, we hunt!

* Property outlines, sizes & landmarks indicative

BRENDALE AREA EXPERTS - FOR SALE & LEASE COMMERCIAL PROPERTY

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101-103/6-10 WHITES ROAD, PETRIE

6A/12-14 BAILEY COURT, BRENDALE

2/3-5 JOCKERS STREET, STRATHPINE

• 224m² ground floor retail space • Walking distance from the new University of Sunshine Coast Petrie Campus

• Modern tilt panel warehouse facility • 353m² GFA of warehouse, office & storage • Epoxy flooring throughout the warehouse

• 237m²* of office/medical space • Quality fit-out • On site parking

$6,650 P/M NET - BROCKE & ROB

$4,585 P/M NET - BROCKE & AARON

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$4,934 P/M NET - TREVOR

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6&7/124 SOUTH PINE ROAD, BRENDALE

1A/306 GYMPIE ROAD, STRATHPINE

1/26 TERRENCE ROAD, BRENDALE

• Total area 460m²* 25m²* office area • Currently a dance studio • Zoned General Industry

• 842m²* Showroom/Warehouse space • Located in the heart of Strathpine CBD • Tremendous amount of signage

• 148m²* Concrete Brick • Full tilt slab construction • Zoned General Industry

$4,217 P/M NET + GST - TREVOR

CONTACT AGENT - TREVOR

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$275,000+GST - BROCKE & TREVOR

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3/6 LEONARD CRESCENT, BRENDALE

264 LEITCHS ROAD, BRENDALE

350 SOUTH PINE ROAD, BRENDALE

• 409m²* Industrial warehouse • Internal amenities • 2x Container height roller doors

• 2,358m²* lot • High exposure within highly sought after industrial & commercial precinct

• 6,422m²* comprising of 3,200m²* Building & 200m²* internal office area • 7m internal height

CONTACT AGENTS - BROCK & ROB

$1,050,000 + GST - CHRIS

CONTACT AGENT - ROB

For a full list of current opportunities for sale or lease visit raywhitecommercialnortherncorridorgroup.com.au

* Property outlines, sizes & landmarks indicative

$75 MILLION OFFICE BUILDING to house Super Retail Group's new headquarters in Strathpine to be completed late 2019. The company owns brands such as BCF Boating, Camping and Fishing, Rebel and Super Cheap Auto and is currently based at Lawnton. Both Super Retail Group's offices and other office buildings are being developed by WA based Primewest.

For a range of commercial property available for lease or sale in this region, contact us today on 1300 255 075!

• 7000 square-meter property • 3 Hectare site • The second stage, involving the construction of these secondary facilities and support facilities, will be completed in 2020

• Campus-style support facilities such as a childcare centre, swim school, gym and restaurants.

• Located opposite the Strathpine Shopping Centre, which has 165 specialty stores.

PROPERTY OWNERS INSIGHT / CASE STUDY

How important is the creation of competition for your property?

One approach to selling property is to find a single buyer, and through clever and professional negotiation, achieve an outcome that is positive for the vendor and purchaser.

In today’s market, there is much more information readily available to buyers through online research. This gives them perceived confidence as to what their “ceiling” figure should be.

The only sure thing that can change a potential buyer’s mind and increase the offer is the realisation there are others who desire the asset and are prepared and willing to pay more.

Creating competition is the best way to achieve an exceptional result for your property. Through the interplay of competition, it's our aim to achieve a figure which we are happy to present to our sellers – a figure that is a reflection of the buyers competing for the property.

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This is what we call creating competition. That is how we profess to bring true value to our vendors.

For more information or your FREE copy of our Competition Creators guide, please contact one of the team today!

COMPETITI CREATORS ON How Ray White Com mercial creates the competition sells your asset for mor that e

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ADDRESS 1342-1346 ANZAC AVENUE KALLANGUR

LISTED 7/5/2019

OFFERS 3

AUCTION DELIVERING RESULTS The owners of 1342-1346 Anzac Avenue, Kallangur contacted us seeking a quick sale however they wanted to ensure that they still achieved the true market value for their lots. Auction was presented as an option due to the nature of the site and also to create a sense of urgency.

The auction campaign was successful and the property sold within 8 weeks of taking it to market. Brocke stated " The auction gives us three opportunities, we can sell before, we can sell on the day under the hammer (cash unconditional) or we can sell after with a priced reflective of the buyer feedback"

MARKETING $4,398

SALE PRICE $932,500

Both buyer and seller were delighted with the result. The investor secured themselves land totaling 2,208m² across three titles & holding income of approx $51,840 per annum and the owners sold the properties quickly and for the price they wanted".

The investor informed Brocke that he wants to hold the properties as investment stock with plans to re-develop the site in the next 5+ years. The site has real potential being so close to the new Sunshine Coast University development and it was truly a wise investment.

If you're looking to buy, sell or invest make sure you speak to Brocke Hambrecht today!

BROCKE HAMBRECHT 0466 599 724

SALES & LEASING EXECUTIVE

YOUR BRENDALE AREA EXPERTS

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1342-1346 ANZAC AVENUE, KALLANGUR • Opposite the established North Leagues Club • Multiple public transport options along Anzac Avenue and or train routes • 220m to the town centre of Kallangur • 7.5km to the Bruce Highway & Westfield North Lakes

Sold $925,500 - Brocke

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105 / 6-10 WHITES ROAD, PETRIE • 61m² ground floor retail space • Walking distance from the new University of Sunshine Coast Petrie Campus • Situated between the Petrie Town Centre at the intersection of the busy Gympie & Dayboro Roads and Anzac Avenue and the Petrie Train Station

BROCKE HAMBRECHT 0466 599 724

SALES & LEASING EXECUTIVE

Brocke joins the Northern Corridor Group with 8 years of real estate experience. After completing his bachelor’s degree in Property Economics and Development at the University of Sunshine Coast, Brocke started his career as a sales associate at a leading residential agency on the Sunshine Coast, winning rookie of the year in his first year.

After further developing his skill in a lead agent capacity, Brocke strategically made the move to Victoria to further develop his real estate knowledge in a management capacity, working alongside and leading a number of established sales agents to only further their knowledge, market input and business reach. All the while refining his craft as a respected auctioneer, a part of the business to this day Brocke enjoys immensely.

Sold Contact Agent - Brocke

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17 BELCONNEN CRESCENT, BRENDALE • 665m² Total • The best street facing position on Ocean Street in the Centrepoint Arcade • Beautiful glass shop front with ample signage opportunities • Car parks available at the rear & on Ocean Street

Sold $1,600,000 - Trevor

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SALES & LEASING EXECUTIVE Trevor has 43 years experience in sales and marketing so he understands the importance of building relationships with clients, and places great emphasis on maintaining his integrity with those clients. You will find Trevor to be thoroughly reliable and honest in all his dealings.

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TREVOR NELSON-JONES 0407 736 521

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116 GYMPIE ROAD, STRATHPINE • Large 7000m2 of hardstand • Fully fenced site • Along main Road, access via service road • Ideal for civil contractors, container storage & transport companies

At Ray White Commercial, we are very aware that our reputation is based upon the skill and dedication of our people who so clearly “make a difference”. We know the service and advice you receive from our people, such as Trevor, will be of the highest order and that entrusting your real estate decisions to the professionalism of Ray White Commercial will be in your best interest now and in the future.

Leased $50,000 P/A - Trevor * Property outlines, sizes & landmarks indicative

BROCKE HAMBRECHT SALES & LEASING EXECUTIVE 0466 599 724 brocke.hambrecht@raywhite.com

GUY UPCHURCH DIRECTOR OF ASSET MANAGEMENT 0410 614 240 guy.upchurch@raywhite.com

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

STACI TOBIN COMMERCIAL PROPERTY MANAGER 07 3889 8000 staci_tobin@raywhite.com

ROB DAWSON SALES & LEASING ASSOCIATE 0422 786 205 rob.dawson@raywhite.com

KRYSTAL MONTGOMERY ADMINISTRATION ASSISTANT 07 3889 8000 krystal.montgomery@raywhite.com

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

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

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

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

AARON CANAVAN SALES & LEASING EXECUTIVE 0447 744 948 aaron.canavan@raywhite.com

EMILY PENDLETON SALES & LEASING EXECUTIVE 0402 435 446 emily.pendleton@raywhite.com

BLAKE PRIMROSE SALES & LEASING ASSOCIATE 0423 555 043 blake.primrose@raywhite.com

JORDAN HAYES SALES & LEASING EXECUTIVE 0417 999 331 jordan.hayes@raywhite.com

SUNSHINE COAST

MORETON BAY

PINE RIVERS

OUR TEAM

MICHAELA WEBB PA & ASSOCIATE TO CHRIS MASSIE 1300 25 50 75 michaela.webb@raywhite.com

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

PINE RIVERS

MORETON BAY

SUNSHINE COAST

Level 1, 104 Gympie Road Strathpine, QLD 4500

3/125 Morayfield Road Morayfield QLD 4506

1/172 Brisbane Road Mooloolaba QLD 4557

T 1300 255 075 F 1300 778 887

T 1300 255 075 F 1300 778 887

T 1300 255 075 F 1300 778 887

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