In The Know - Brendale Region Q4 2019| Ray White Commercial Northern Corridor Group

COMPETITION CREATORS

MULTI AW WINNIN ARD G TEAM

I N T H E KN OW EXPERT COMMERCIAL PROPERTY FOCUS

FOR SALE OR LEASE (SEE PAGE 4) 4 TERRENCE ROAD, BRENDALE

BRENDALE AND NORTH BRISBANE EXPERTS

BROCKE HAMBRECHT 0466 599 724 PRINCIPAL & AUCTIONEER

TREVOR NELSON-JONES 0407 736 521 SALES & LEASING EXECUTIVE

CHRISTINE FRENEY 0432 170 380

SALES & LEASING EXECUTIVE

ONE TEAM - THREE LOCATIONS | PINE RIVERS | MORETON BAY | SUNSHINE COAST

ROB DAWSON 0422 786 205

SALES & LEASING ASSOCIATE

4 TH QUARTER 2019

WELCOME

remained exceedingly strong, with premium results achieved by our team on assets across a broad range of types and price points.

A word from Brocke The third quarter of 2019 has again proven to be the “work horse” quarter, which is in line with previous years’ trends. The lack of artificial finish lines like end of financial year or Christmas made for a consistently strong environment across all three months.

This heated interest has been evident in our auction results across the Northern Corridor Group for 2019 so far. 67% of properties have sold at or within 30 days of auction, with an average of 14 enquiries per property.

MICHAEL SHADFORTH SUNSHINE COAST DIRECTOR 0488 981 076

We are exceptionally proud of the recognition our Northern Corridor Group team received at the recent Ray White International awards, winning Commercial Team of the Year among 5 other titles.

CHRIS MASSIE MORAYFIELD DIRECTOR 0412 490 840

ASHLEY REES SENIOR PROPERTY ANALYST 0411 707 410

Brocke Hambrecht Commercial Principal & Group Auctioneer

Transactions were predominantly driven by genuine, measured business requirements of tenants and owner occupiers experiencing organic growth.

Interest from the investor market

How we measure

UP

PAUL LUMTIN EXECUTIVE DIRECTOR 0428 222 620

2019 3RD QUARTER sales & leasing results

Q3 Sales $23,672,420 13 Industrial 4 Retail 1 Office

23 TOTAL SALES

3 Land 2 Other

Q3 Leases $1,535,911 24 Industrial 18 Retail 8 Office

NCG DEPARTMENT HEADS

76 TOTAL LEASED

1 Land 2 Other

YOUR AWARD WINNING TEAM WINNER OF ELITE BUSINESS LEADER 2018-2019

GUY UPCHURCH DIRECTOR OF ASSET MANAGEMENT 0410 614 240

2

BRENDALE INTRODUCTION - SOLD & LEASED COMMERCIAL PROPERTY

3

This quarter saw some much needed relief for the pent up demand in the 500m2 leasing bracket. Much of this supply was quickly accounted for with business repositioning for an end of year transition.

Tight supply of quality industrial stock has been a consistent story across the last three quarters for Brendale and there is no sign of this easing. Pressure on rent rates closer to Brisbane and the Port and the increasing ability of tenants to leverage technology to decentralise physical location has seen a consistent flow of enquiry from businesses looking to relocate out of these more traditional hubs.

Investor interest in the region has been further strengthened by positive stories around the economic impact of the new Sunshine Coast University campus at Petrie, as well as other key infrastructure projects. Watch for further downward pressure on yields as investors become more comfortable prioritising long term growth over short term return through this Northern Corridor.

The Northern Corridor Group, your local area commercial property experts

ED

ED

D! EED SE TIES N A E ER

L

L

P

RO

EP

R MO

ED

D! EED SE TIES N A E ER

D! EED SE TIES N A E ER

L

P

RO

EP

R MO

P

RO

EP

R MO

21/193 SOUTH PINE ROAD, BRENDALE

42/193 SOUTH PINE ROAD, BRENDALE

8/40 TERRENCE ROAD, BRENDALE

• 101m²* Industrial tilt-slab warehouse • Zoned general industry • Air conditioned offices

• 110m²* industrial warehouse • Zoned GI • A/C reception and office

• 179m²* tilt slab unit • Full tilt slab construction • Zoned general industry

LEASED | TREVOR

LEASED | TREVOR

! EDED EDIES NE S A T

LE OPER R

EP

R MO

LEASED | TREVOR

ED

ED

D D! NEE OL TIES

S

S

R

PE

RO

EP

R MO

D D! NEE OL TIES R

PE

RO

EP

R MO

5/262 LEITCHS ROAD, BRENDALE

47 KREMZOW ROAD, BRENDALE

17 BELCONNEN CRECENT, BRENDALE

• 102m * Warehouse • 79m2* ground floor + 23m2* mezzanine • Brand new build

• Zoning General Industry • Land area 2740m²* • Building area 1321.46m²*

• Land area 3174m²* • Building area 665m²* • Concrete hardstand 2000m²*

2

LEASED | AARON & CHRIS

SOLD | TREVOR

SOLD | 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!

YOUR AWARD WINNING TEAM TEAM OF THE YEAR 2018 - 2019

AGENTS TOP PICK

4

E DED AS S NEE E L IE

R RT FOPROPE RE

MO

FOR SALE OR LEASE - CONTACT AGENT

4 TERRENCE ROAD, BRENDALE

The property has recently undergone extensive external and internal renovations ensuring that every component of large manufacturing/warehousing operation is catered for. The office and showroom space have been updated to accommodate national-level quality operations should you wish to have an onsite office space.

• 65m frontage to Terrence Road

For further information or to book an inspection contact agents

• Multiple warehouse access points

Rob Dawson Christine Freney

• Rear loading dock

| 0422 786 205 | 0432 170 380

• 500amp sub power station on site • 3,300m²+ atop 8,622m² of NLA • Ample executive offices + open workspaces • Large showroom

• Multiple car parks

2019

NORTHERN CORRIDOR AUCTION RESULTS With over $9,500,000 in auction sales and an average "days on market" of only 41 days, the auction process continues to deliver premium, timely results for our owners.

YOUR AWARD WINNING TEAM ADMIN TEAM OF THE YEAR 2018-2019

AUCTION AVERAGE DAYS ON MARKET

41.2

NON-AUCTION AVERAGE DAYS ON MARKET

310

* Property outlines, sizes & landmarks indicative

BRENDALE AREA EXPERTS - FOR SALE & LEASE COMMERCIAL PROPERTY

E AS DED LE S NEE R E O TI

E DED ALES NEE S R TI

FO ROPER

MO

E DED ALES NEE S R TI

LE PER SARE PRO

P RE

FO ROPER

RE

MO

MO

P

11/37 KREMZOW ROAD, BRENDALE

5/50 KREMZOW ROAD, BRENDALE

3/6 LEONARD CRESCENT, BRENDALE

• Land area 455m * • Building area 391m2* • Full security fence and gates

• 259m * GLA comprising of 175m²* office over two levels, 44m²* warehouse space and 40m2* showroom area

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

2

2

$720,000 | BROCKE | TREVOR

CONTACT AGENTS | BROCKE | ROB

SE EDE EA S NE R L TIE

D

FO ROPER

D

FOPROPE

FOPROPE

R

P RE

MO

LEASE $33,000 NET | SALE $525,000 + GST

SE EDE EA S NE R L TIE

E DED ALES NEE S R TI

5

R

RE

RE

MO

MO

83/193 SOUTH PINE ROAD, BRENDALE

10 MOONBI STREET, BRENDALE

1/75 KREMZOW ROAD, BRENDALE

• 165m²* Retail tenancy • Glass frontage with rear customer drive thru • Can be divided

• 950m²* Industrial warehouse opportunity • Brick & metal clad construct • 3 Phase power supply

• 1,075m²* building area & 1,000m²* warehouse • 75m²* modern office with clean carpet, air conditioning, Cat 5 cabling and kitchenette

CONTACT AGENTS | BROCKE | ROB

$115 PER SQM + OUTGOINGS | BROCKE | ROB

$849,000 + GST | TREVOR

SE EDE EA S NE R L TIE

SE EDE EA S NE R L TIE

D

SE EDE EA S NE R L TIE

D

FOPROPE

D

FOPROPE

R

FOPROPE

R

RE

R

RE

MO

RE

MO

MO

7/3-5 HINKLER COURT, BRENDALE

6A/12-14 BAILEY COURT, BRENDALE

1 & 2/257 LEITCHS ROAD, BRENDALE

• 428m * office/warehouse space • Zoned G/I • Upstairs office space

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

• 1,349m²* of Tilt panel warehouse with large 1182m²* high bay warehouse and 167m²* professional office space

$4,080 P/M + OUTS + GST | BROCKE | AARON

$12,737 P/M NET | BROCKE | ROB

2

CONTACT AGENTS | BROCKE | TREVOR

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

AVERAGE OFFERS PER PROPERTY

AVERAGE ENQUIRY

1.6

13.9

YOUR AWARD WINNING TEAM CUTTING EDGE AWARD 2018 - 2019

* Property outlines, sizes & landmarks indicative

SOLD %

AVERAGE MARKETING SPEND

66.67%

$5,701

PROPERTY OWNERS INSIGHT / NEWS ARTICLE

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.

6

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

"This is a real vote of confidence from inter-state investors that the Northern Corridor is THE place to invest"

CASE STUDY - VACANT INVESTMENTS DRAW SOUTHERN BUYERS Brocke Hambrecht and the Ray White Commercial Northern Corridor Group team have successfully sold out the entire retail component of The Mill Central Precinct's first mixed use development. In a real vote of confidence for the region, all units were purchased off-plan by southern investors willing to absorb short term vacancy risk in exchange for what they see as inevitable longer term growth.

"It has actually been surprising that out of state buyers were first to act, while local investors, who can actually touch and feel the progress going on here every day, were too slow to move" observed Brocke.

The mixed-use design model is a proven formula in most major cities, but this complex with 28 residential units and 5 strata retail tenancies is the first example within the new Mill Central Precinct.

Senior Investment Analyst Ashley Rees believes this is a sign of a new trend in commercial investment for the region. "We expect to see more of this speculative investment into vacant properties. Competition is just too fierce for the traditional secure investments and fear of vacancy is dwarfed by the confidence in the robust growth of the Northern Corridor."

For more information contact marketing agent Brocke Hambrecht on 0466 599 724 YOUR AWARD WINNING TEAM TOP 4 LEASING FEES

* Property outlines, sizes & landmarks indicative

BRENDALE AREA EXPERTS

7

ED

! EED LD ES N SO ERTI RE

MO

OP

PR

47 KREMZOW ROAD, BRENDALE • Zoning: General Industry • Land area: 2740m²* building: 1321.46m²* & office: 43.2m²* • Workshop Aaccess: 2 container height roller doors • 5.2m² * Hook height

SOLD | TREVOR ED

D D! NEE OL TIES

S

R

PE

RO

P RE

MO

17 BELCONNEN CRECENT, BRENDALE • Land area 3174m²* building area 665m²* & concrete hardstand 2000m2* • Full security fence and gates • Internal amenities • 2 x 100 Amps per phase power boards

TREVOR NELSON-JONES 0407 736 521

SALES & LEASING EXECUTIVE

Prior to joining Ray White Commercial, Trevor was a Sales Consultant with Ray White Aspley where he commenced his real estate career. Trevor has 43 years experience in sales and marketing in both Australia and the UK. 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.

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.

SOLD | TREVOR

ED

! EED LD ES N SO ERTI RE

MO

OP

PR

1342-1346 ANZAC AVENUE, KALLANGUR • Opposite the established North Leagues Club • Multiple public transport options along Anzac Avenue and or train routes • 220m²* to the town centre of Kallangur • 7.5km²* to the Bruce Highway & Westfield North Lakes

SOLD $925,500 | BROCKE ED

D D! NEE OL TIES

S E OR

M

ER

OP

PR

101-103/6-10 WHITES ROAD • 74m²* 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

SOLD CONTACT AGENT | BROCKE

YOUR AWARD WINNING TEAM TOP 5 SALES AND LEASING FEES

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.

ELITE BUSINESS LEADER TEAM OF THE YEAR

TOP 4 LEASING FEES

MULTI AWARD WINNING TEAM

TOP 5 SALES AND LEASING FEES

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

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

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

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

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

LOUISE BRETT MARKETING MANAGER 0423 222 022 louise.brett@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

ADMIN TEAM OF THE YEAR

CUTTING EDGE AWARD

MICHAELA WEBB PA & ASSOCIATE TO CHRIS MASSIE 0409 202 066 michaela.webb@raywhite.com

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

MORETON BAY

SUNSHINE COAST

PINE RIVERS

3/125 Morayfield Road Morayfield QLD 4506

1/172 Brisbane Road Mooloolaba QLD 4557

Level 1, 104 Gympie Road Strathpine, QLD 4500

T 1300 255 075

ONE TEAM - THREE LOCATIONS

F 1300 778 887

W raywhitecommercialnortherncorridorgroup.com.au