In The Know - Southern Sunshine Coast Q4 2019| Ray White Commercial Northern Corridor Group

COMPETITION CREATORS

MULT I WINN AWARD ING T EAM

I N T H E KN OW EXPERT COMMERCIAL PROPERTY FOCUS

FOR SALE OR LEASE (SEE PAGE 4) 18 HANCOCK WAY 'ASPECT' BELLS CREEK

SOUTHERN SUNSHINE COAST EXPERTS

MICHAEL SHADFORTH 0488 981 076 C O M M E R C I A L P R I N C I PA L

EMILY PENDLETON 0402 435 446

SALES & LEASING EXECUTIVE

JORDAN HAYES 0417 999 331

SALES & LEASING EXECUTIVE

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

JULIE RYAN 0447 445 453

MAJOR ASSET SALES

4 TH QUARTER 2019

WELCOME

The key take-aways for me was the projected population growth from 300,000 to over 600,000 and the role the Sunshine Coast is expected to play in Australia’s next Olympic bid for 2032.

With an estimated $20 billion in public and private infrastructure investment either completed or in the pipeline, it is little wonder that we have ranked in the top 10 “Best Buys” report recently released by HotSpotting’s Terry Ryder.

A word from Michael The Sunshine Coast market continues to improve on the back of ongoing infrastructure investment across the region.

A recent presentation by demographer Bernard Salt regarding The Future of Tourism on the Sunshine Coast provided insight on what we can expect in the coming years.

How we measure

UP

The short term confidence improvement is as important as the long term impacts for businesses and property owners across our region.

We will never be completely immune to the inevitable market cycles, but the Northern Corridor appears to be in a strong position to weather whatever the short term brings

Michael Shadforth Director - Commercial Principal

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

76 TOTAL LEASED

1 Land 2 Other

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

NCG DEPARTMENT HEADS

CHRIS MASSIE DIRECTOR COMMERCIAL PRINCIPAL 0412 490 840

ASHLEY REES DIRECTOR SENIOR ANALYST 0411 707 410

PAUL LUMTIN EXECUTIVE DIRECTOR 0428 222 620

GUY UPCHURCH DIRECTOR OF ASSET MANAGEMENT 0410 614 240

BROCKE HAMBRECHT SALES MANAGER & GROUP AUCTIONEER 0466 599 724

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SOUTHERN SUNSHINE COAST EXPERTS - SOLD & LEASED COMMERCIAL PROPERTY

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While there continues to be significant interest in the Southern Sunshine Coast market, it is the view of the Northern Corridor Group that this is still the sleeping giant of SEQ commercial property. Meaning people are aware that something is happening, but the true scale and implications of demand on current and future businesses is not truly being comprehended.

The flow on effect of the projected population growth alone should be enough to facilitate significant expansion of existing businesses, especially in the retail and trade services areas. In addition to this, the mammoth infrastructure expansion in the immediate and greater Sunshine Coast areas are providing facilities and scope of market that open up opportunities for businesses never before seen in this region.

Some early adopters are positioning themselves to capitalise on this impending seismic market shift. The reaction to the announcement of the new Sea Caloundra development, which will provide almost 200 residences and hotel rooms, as well as retail and dining, echoed a confidence among developers that could prove contagious.

While significant activity has already occurred in the last twelve months, we still view this as “Ground floor” for anyone looking to enter the Southern Sunshine Coast market.

The Northern Corridor Group, your local area commercial property experts ED

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6/3-5 EXETER WAY, CALOUNDRA WEST

LOT 3, 21 HANCOCK WAY, BELLS CREEK

3&4/31 HANCOCK WAY, BELLS CREEK

• 90m²* ground floor, open plan warehouse • Bonus mezzanine • High clearance roller door

• These three units provide for an extremely functional floor plan with a very well thought out site layout

• Entry level price points, these have been carefully designed to maximise practicality for the buyer

SOLD $1,991M2 | JORDAN | MICHAEL

SOLD $2,054M2 | JORDAN | MICHAEL

LEASED $130M2 | JORDAN | MICHAEL

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6-8 GEO HAWKINS CRESCENT, BELLS CREEK

1/21 DANIEL STREET, CALOUNDRA WEST

2/3 LYNNE STREET, CALOUNDRA WEST

• 9 Units from 170.34m²* - 798.14m²* • Roller door access • 35 Car spaces

• Air conditioned reception & office space • Secure fenced concrete hardstand • Illuminated spray booth with exhaust fan

• Complex and off street parking • High clearance roller door • Signage opportunities

LEASED $120M2 | JORDAN | MICHAEL

LEASED $164M2 | JORDAN | MICHAEL

LEASED $74M2 | JORDAN | MICHAEL

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

SALES LISTINGS 2019 NEW SIZE

* Property outlines, sizes & landmarks indicative

RENT 2019 AVERAGE

FIRST SECOND THIRD THIS QUARTER QUARTER QUARTER QUARTER

SIZE

FIRST SECOND THIRD THIS QUARTER QUARTER QUARTER QUARTER

0-200m2

21

11

8

9

0-200m2

$210/m²

$124/m²

$130/m2

$137/m2

200-500m2

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1

7

6

200-500m2

$127/m²

$132/m²

$131/m2

$129/m2

>500m2

9

4

2

2

>500m2

$100/m² $106/m²

$123/m2

$135/m2

YOUR AWARD WINNING TEAM TEAM OF THE YEAR 2018 - 2019

AGENTS TOP PICK

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FOR SALE FROM $329,000 I FOR LEASE FROM $18,200 P/A NET The subject development provides for 10 high quality, modern warehouses with a smart design that maximises the functionality with suspended mezzanine / office.

18 HANCOCK WAY 'ASPECT' BELLS CREEK

The unique 'in line' design allows for drive-through access to the dual road frontage, a huge benefit that negates the need to turn around on site, with access direct to every door in the complex.

Exclusive use car parking bays (some undercover) for each tenancy and ample visitor parking on site.

• Units range from 140m²- 209m² • Available now • Dual street frontage • Drive-thru access • 25 car spaces • Tilt panel construction • NBN connectivity and 3 phase power • 1.5KW solar system included in multiple tenancies • Toilet, shower & kitchenette facilities in each tenancy • High clearance roller door access

For further information or to book an inspection contact agents Michael Shadforth or Jordan Hayes.

Michael Shadforth | 0488 981 076 Jordan Hayes | 0417 999 331

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

* Property outlines, sizes & landmarks indicative

SOUTHERN SUNSHINE COAST EXPERTS - FOR SALE & LEASE COMMERCIAL PROPERTY

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6-8 GEO HAWKINS CRESCENT, BELLS CREEK

31 HANCOCK WAY 'SYNERGY', BELLS CREEK

• 9 Units ranging from 170.34m² - 798.14m² • Roller door access • 35 Car spaces

• 4 premium warehouses • Unit 1 - 162m2*, Unit 2 - 121m2* Unit 3 - 167m2*, Unit 4 - 150m2*

FROM $1,750M2* SALE I $100M2 NET LEASE

Quality underpins the design of these warehouses, with the tilt slab construction complemented by a range of external cladding and natural lighting • 3 high quality, high exposure warehouses • Solar power, roller door access, • Ample car parking • Automatic security gate • Internal amenities • Strong signage exposure

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23 PRODUCTION AVENUE, WARANA

2/52 RON PARKENSON CRESCENT, BELLS CREEK

• 240 amps, 3 phase power • Multiple roller door access • Ample hardstand

• Close access to the Bruce Highway • Kitchenette and amenities • Office with personal entrance

LEASES FROM $40,600 P/A I SALE FROM $667,000

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SALE FROM $320,000 I LEASE FROM $15,030 P/A

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22 HANCOCK WAY 'EXPOSURE', BELLS CREEK

CONTACT AGENTS | JORDAN | MICHAEL

SE EDE EA S NE R L TIE

$35,650 P/A NET | JORDAN | MICHAEL

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6/3-5 EXETER WAY, CALOUNDRA WEST

4 MACHINERY AVENUE, WARANA

2/47-49 CLAUDE BOYD PARADE, BELLS CREEK

• 172m • 3 phase power + high clearance roller door • Modern state of the art complex

• 2 x high clearance roller doors • Secure fenced complex • 650m2* of concrete hardstand or parking

• Complex & street parking • Internal amenities • Easy access to highway

2*

$18,920 P/A NET | JORDAN | MICHAEL

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$110M2 P/A NET | JORDAN | MICHAEL

$13,530 P/A NET | JORDAN | MICHAEL

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

* Property outlines, sizes & landmarks indicative

AURA BUSINESS PARK IS RAPIDLY EMERGING AS THE COAST'S LEADING MARKET FOR SHOWROOM & INDUSTRIAL SPACE All land sub 2,000m2 in Stages 1 & 2 has been sold to a well balanced mix of owner occupiers and investors, we now have a select few showroom and warehouse opportunities for quality tenants.

With limited high exposure spaces, we are interested in talking to all national tenants looking to establish their business among the highest growth corridor in SEQ. For more information about Aura and the opportunities available please contact Jordan or Michael.

YOUR AWARD WINNING TEAM CUTTING EDGE AWARD 2018 - 2019

JORDAN HAYES 0417 999 331

SALES & LEASING EXECUTIVE

MICHAEL SHADFORTH 0488 981 076

D I R E C T O R - C O M M E R C I A L P R I N C I PA L

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.

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!

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.

After being vacant for more than six months with other agents, Michael and Jordan took on the listing with an active targeting strategy that yielded a rapid result. The property was first repositioned to remove the stigma of the long term vacancy by utilising professional photography and a quality walk-through video that is proven to increase engagement. The second step was for Michael and Jordan to target the businesses most likely to have a need for this type of property. This was achieved through screening of previous enquiry, upcoming lease expiries and targeting of industries with a need for the secure hardstand and unique features offered by this property.

"This is a perfect example of why we invest so heavily in maintaining quality data to show exactly what is on the market, who is looking and what they are willing to pay." said Michael Shadforth. "Owners deserve to have access to quality information when they are making decisions as important as this."

For more information please contact marketing agents Jordan Hayes and Michael Shadforth.

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

FAST FACTS

THE POWER OF MARKET KNOWLEDGE The strength of the Northern Corridor Group database was proven again with this fantastic result for our Warana owner.

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CASE STUDY • Property type: Industrial • Address: 3 5A Technology Drive, Warana QLD 4575 • Leased date: 06/08/2019 • Marketing Spend $0 • Inspections: 1 • Offers: 1 • Enquiries: 1 • Lease price: $55,000 P/A • Building 452m2*

JORDAN HAYES 0417 999 331

MICHAEL SHADFORTH 0488 981 076

SALES & LEASING EXECUTIVE

C O M M E R C I A L P R I N C I PA L

• Agents comments "Owners truly deserve to have access to quality information when they are making decisions as important as this."

YOUR AWARD WINNING TEAM TOP 4 LEASING FEES

* Property outlines, sizes & landmarks indicative

SOUTHERN SUNSHINE COAST EXPERTS

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15 BEARING AVENUE, WARANA • 1,483m² of high quality warehouse & office space, located within the Sunshine Coast's premier industrial estate on 2,560m² of land • Fully tenanted to a long term Aluminium Manufacturing company, these sheds have the ability to be sold in one line or independently

SOLD $1,950,000 | JORDAN | MICHAEL

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6/3-5 EXETER WAY, CALOUNDRA WEST • 3 phase power + high clearance roller door • Modern state of the art complex in high growth area • Street exposed signage • Great access to unloading & load of freight

JORDAN HAYES 0417 999 331

SALES & LEASING EXECUTIVE

Prior to joining the Ray White Commercial Northern Corridor Group, Jordan spent over 8 years working as a Certified Practicing Valuer in a range of markets including Sydney, Sunshine Coast and the ACT where he worked as an Associate Director for one of the country’s leading valuation firms.

A degree in Property and Sustainable Development and working alongside financial, development and legal professionals has allowed Jordan to understand the market dynamics and fundamental factors that drive the property market.

His experience and high level of property knowledge ensure that his clients always receive tailored solutions and relevant, timely information upon which they can make educated decisions.

SOLD $342,500 | JORDAN | MICHAEL ED

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289-293 DECEPTION BAY ROAD, DECEPTION BAY • The subject property provides for 4,285m² of high exposure and totally cleared land in a key location linking the Bruce Highway to the Redcliffe Peninsula • The site lends itself to a variety of potential uses

SOLD $882,720 | MICHAEL | JORDAN

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MICHAEL SHADFORTH 0488 981 076 C O M M E R C I A L P R I N C I PA L

As Managing Director/Commercial Principal, Michael brings more than twenty years of successful sales and innovative marketing experience from a broad range of industries to the team.

His expertise and proven history provides Ray White Commercial Northern Corridor Group clients with the strategic advantage in tailoring investors and tenants to projects so that all parties’ needs are addressed and the project is a success.

774 GYMPIE ROAD, LAWNTON • Fully tenanted investment in highly visible location situated at the intersection of two major roads fronting Gympie Road, the main arterial road for Petrie, Lawnton and Strathpine • Dulux Trade Centre, Wheelhouse Coffee, Crow n Arrow & Anytime Fitness

SOLD $5,700,000 | MICHAEL | JULIE

YOUR AWARD WINNING TEAM TOP 5 SALES AND LEASING FEES

He represents the next generation of the well-known and iconic Shadforth family, which has a long history and wealth of experience in development, project management, consulting and contracting throughout Australia.

ELITE BUSINESS LEADER TEAM OF THE YEAR

TOP 4 LEASING FEES

MULTI AWARD WINNING TEAM

TOP 5 SALES AND LEASING FEES

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

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

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

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

DWAINE BATHERN LEASING ASSOCIATE TO EMILY PENDLETON 0499 568 419 dwaine.bathern@raywhite.com

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

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

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

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

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

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

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

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

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

PINE RIVERS

MORETON BAY

SUNSHINE COAST

ADMIN TEAM OF THE YEAR

CUTTING EDGE AWARD

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

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

SUNSHINE COAST

MORETON BAY

PINE RIVERS

1/172 Brisbane Road Mooloolaba QLD 4557

3/125 Morayfield Road Morayfield QLD 4506

Level 1, 104 Gympie Road Strathpine, QLD 4500

T 1300 255 075

ONE TEAM - THREE LOCATIONS

F 1300 778 887

W raywhitecommercialnortherncorridorgroup.com.au