In The Know - North Brisbane Industrial | Ray White Commercial | Northern Corridor Group

YOUR

FREE

MAG AZIN

E

NORTH BRISBANE INDUSTRIAL EXPERTS

FOR SALE (SEE PAGE 4) 6/131 BUNYA ROAD, ARANA HILLS

BROCKE HAMBRECHT 0466 599 724 SALES & LEASING EXECUTIVE

TREVOR NELSON-JONES 0407 736 521 SALES & LEASING EXECUTIVE

ONE TEAM - THREE LOCATIONS

CHRISTINE FRENEY 0432 170 380

SALES & LEASING EXECUTIVE

LIAM MACGINLEY 0422 587 143

SALES & LEASING EXECUTIVE

ROB DAWSON 0422 786 205

SALES & LEASING ASSOCIATE

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

2

NORTH BRISBANE INDUSTRIAL EXPERTS - LEASED COMMERCIAL PROPERTY

3

Stock levels for both investment and vacant properties are verging on critically low and the lack of infill land options means there is little relief for growing businesses, short of moving further north. Rent rates have been on a gradual climb since 2015, but outgoings inflation means not a great deal of that increase is landing in owners' pockets. Function still trumps price and tenants continue to shy away from older stock in favour of high, functional, clear-span tilt panel where available.

ED

ED

LE OPER

! ED ED NE AS TIES

LE OPER

R

P RE

MO

ED

! ED ED NE AS TIES

D ED NEE AS TIES

LE OPER

R

P RE

MO

R

P RE

MO

3-5/131 BUNYA ROAD, ARANA HILLS

1/12 BOWERS ROAD, EVERTON PARK

3/10 FORTUNE STREET, GEEBUNG

• 200m²* warehouse • Ideal for storage or small business • 3 phase power

• 180m²* storage unit • 3 phase power • Container height roller door

• 145m²* Tilt panel warehouse unit • 60m²* Office and showroom across two floors • 85m²* High ceiling warehouse

LEASED

LEASED

ED

ED

! ED ED NE AS TIES

M

ED

! ED ED NE AS TIES

LE OPER

E OR

LEASED

! ED ED NE AS TIES

LE OPER

PR

E OR

M

LE OPER

PR

E OR

M

PR

11/15 LANDY STREET, NORTHGATE

5/35 RADLEY STREET, VIRGINIA

SUITE 3/67 ROBINSON ROAD, GEEBUNG

• 78m²* Warehouse • Level floor plate • Mezzanine floor space

• 340m2* Clear-span warehouse • Renovated office and showroom • High ceiling warehouse with 3 phase power

• New paint and carpet and glass door entry • Open planned with glass partitioning • Excellent natural light with leafy outlook

LEASED

LEASED

LEASED ED

ED

! ED ED NE AS TIES

LE OPER

E OR

M

ED

! ED ED NE AS TIES

! ED ED NE AS TIES

LE OPER

PR

E OR

M

LE OPER

PR

E OR

M

PR

3/29 TIMMS ROAD, EVERTON HILLS

8/210 ROBINSON ROAD, GEEBUNG

16 HUTCHESON ROAD, ALBION

• Clear-span warehouse with besser block walls • High roller door • 3 phase power

• High ceiling warehouse - two roller doors • Office over two levels • B-Double access and container set down

• Ground floor reception & first floor office • Clean high ceiling warehouse • Front + rear roller doors for ventilation

LEASED

LEASED

LEASED

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

4

E DED ALES NEE S R TI

FO ROPER

RE

MO

P

FOR SALE

6/131 BUNYA ROAD, ARANA HILLS

This property is located in Arana Hills, within an established industrial precinct in Northern Brisbane, approximately 13 kilometres north of the CBD.

• 950m²* High bay warehouse with 3 container height roller doors and ventilated roof

Opportunity to purchase a premium industrial property in a tightly held precinct.

• Excellent access

For further information or to book an inspection contact agents Christine Freney 0432 170 380 Brocke Hambrecht 0466 599 724

• Good car parking

• Air-conditioned commercially fitted offices • Container set down area • Potential for multiple occupancy

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

NORTH BRISBANE INDUSTRIAL EXPERTS - FOR SALE & LEASE COMMERCIAL PROPERTY

E DED AS EE LE IES N

D

N EEDE TIO IES N

C T AUROPER EP

R

MO

R RT FOPROPE RE

MO

SE D EA NEEDE L R S

O T LE PER SARE PRO

IE

MO

324 IPSWICH ROAD, ANNERLEY

2-3/115 ROBINSON ROAD EAST, GEEBUNG

• 460m²* over two levels • Option to split into smaller tenancies • Incentives on offer for the right tenants

• Highly functional tilt panel 240m²* • First floor fitted office space with open plan layout + managerial suite

$220/M2 NET | BROCKE | ROB

LEASE $3,125 P/M NET | SALE- POA | LIAM | BROCKE D SE EDE EA IES NE L T R

E DED ALES NEE S I T R

FO ROPER

E OR

M

78 PRITCHARD ROAD, VIRGINIA Ray White Commercial are pleased to offer 78 Pritchard Rd, Virginia for sale via on site Auction at 11am Thursday 5 Sept 2019.

• 3,000m²* freehold warehouse + A-grade office • 6,222m2* allotment • Zoned 'General Industry' • Two x 5.5m W x 4.5m H electric roller doors • Huge power supply (200AMP 3 phase & 225AMP 3 phase) • Sensor lighting in warehouse • Multiple office fit out across two level office • Large climate controlled data room • Ducted air-conditioning throughout • Large boardroom & large reception area • Two executive offices + dual shower & toilet • 34 car parks, 6 under cover

5

P

FOPROPE

R

E OR

M

7/209 ROBINSON ROAD, GEEBUNG

3&4/468 ENOGGERA ROAD, ALDERLEY

• 273m²* comprising of modern 60m2* office & 213m2* warehouse • Established business (30+ years trading)

• 202m2* Professional office space • Excellent natural light • Main road exposure for signage

$671,000 | LIAM | BROCKE

$5,760 P/M NET | CHRISTINE | BROCKE

D SE EDE EA IES NE L T R

FOPROPE

E DED ALES NEE S I T R

FO ROPER

R

E OR

M

E OR

M

P

225 ZILLMERE ROAD, ZILLMERE

21 NUNDAH STREET, NUNDAH

Contact Chris Massie on 0412 490 840 for more information or to arrange an inspection

• Fully refurbished freestanding 180m2* office on 1,677m2* of hardstand • Fully fenced

• 417m²* freestanding building over two levels versatile for office, warehouse or showroom • Immaculately presented

ON SITE AUCTION 5 SEPT 11AM | CHRIS

$6,670 P/M NET | LIAM | BROCKE

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

$1,600,000 | LIAM * Property outlines, sizes & landmarks indicative

DEDICATED SERVICE We manage your property like it’s our own...

We constantly look at strategic value-add initiatives to improve your property’s capital value and our specialist management team negotiates on your behalf to generate maximum return to you for every lease and tenancy, always focusing on improving your yield.

Contact Guy Upchurch Director of Asset Management today on 0410 614 240 to discuss your next move

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.

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

ED

! ED ED NE AS TIES

LE OPER R

P RE

MO

ADDRESS 3-5/131 BUNYA RD ARANA HILLS

LISTED 26/06/2019 LEASED 22/07/2019

ENQUIRE 4

1 ON 1 SERVICE DELIVERS FAST RESULTS The client contacted the Pine Rivers office with a checklist of items they required to ensure they found the perfect space for their new cross fit brand after their online searches had failed to deliver.

Rob Dawson presented 131 Bunya Road, Arana Hills as he knew it would tick so many of their boxes.. The property features 200m² of open plan warehouse, natural lighting from skylights, room for signage, neat and tidy presentation and plenty of parking options.

After inspecting Rob negotiated the contract and presented a written offer to the owners that was happily accepted. Mr Dawson said, “There are numerous options of how to introduce a property to the market and highlight the range of features and benefits but often it comes down to listening to your clients and understanding their needs to find a perfect match".

If you're looking to lease, buy, sell or invest make sure you speak to Rob Dawson today!

We don't wait, we hunt!

MARKETING SPEND $0

LEASE PRICE $24,500.00 - P/A NET

ROB DAWSON 0422 786 205

S A L E S & L E A S I N G A S S O C I AT E

YOUR NORTH BRISBANE INDUSTRIAL EXPERTS

7

D SE NEEDE A E S

R L RTIE FOPROPE RE

MO

BROCKE HAMBRECHT 0466 599 724

SALES & LEASING EXECUTIVE

2/36 WENTWORTH PLACE, BANYO • 1,148m2* Clear-span warehouse with multiple roller doors • Presentable 257m2* office with foyer entry • All-weather dry load awnings • Good large vehicle access • Close to Gateway Motorway • Surrounding tenant mix includes RACQ, Transport & Distribution

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.

PRICE UPON APPLICATION BROCKE | LIAM

D

N NEEDE O I T IES

C T AUROPER

RE

MO

P

ROB DAWSON 0422 786 205

29/27 SOUTH PINE ROAD, BRENDALE On site auction 11am Thurs 19 Sept 2019 • 121m2* approx professional office space • Lease appraisal price $22,500 P/A Net • Allocated car spaces + ample visitor parking • Fully air conditioned • Within busy professional office & medical complex • Great natural light • Less than 100m from Strathpine Train Station

S A L E S & L E A S I N G A S S O C I AT E Hardworking, reliable and with a passion for real estate, Rob joins the Northern Corridor Group as Sales & Leasing Associate servicing the Pine Rivers area.

Rob commences his Real Estate career with 17 years retail experience, 6 of which in the senior management department.

He has a solid retail acumen, with a great understanding of what a business requires to succeed.

An excellent communicator and natural people person, Rob thrives on delivering premium results and achieving a desired outcome for his clients.

ON SITE AUCTION 11AM THURS 19 SEPT 2019 ROB | BROCKE * Property outlines, sizes & landmarks indicative

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

LIAM MACGINLEY SALES & LEASING EXECUTIVE 0422 587 143 liam.macginley@raywhite.com

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

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

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 0409 202 066 michaela.webb@raywhite.com

8

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

raywhitecommercialnortherncorridorgroup.com.au

facebook.com/rwcncg

instagram.com/rwcncg