Ray White Portfolio Magazine July 2021 - MASTER

P O R T F O L I O J U LY 2 0 2 1

NOOSA HEADS: THE RISE OF HASTINGS STREET

ALDI-anchored centre sells for $10.5M

Perth’s Industrial Boom

Commercial listings from across Australia and New Zealand

ANDREW FREEMAN Head of Agency Operations

Just as the Melbourne CBD started to see the return of significant foot traffic with many office workers being lured back to the CBD with the enticement of breakfasts and afternoon drinks, Victoria was thrust back into lockdown.

Now that restrictions have eased, it appears that there is significant hesitation among workers to return in any hurry.

Sydney’s most recent outbreak saw unfamiliar restrictions returning to Sydney’s CBD, something that has not been seen in a long time.

Will FOMO Fridays and other creative incentives be enough to inject life back into our major cities?

Despite the challenges many businesses are facing we are continuing to see strong investor demands across all major asset classes.

Yields are continuing their unprecedented southern drive to all-time lows.

The cash continues to be splashed with major funds buying up significant assets and investing in capital improvements by way of both auctions, expressions of interest, and off-market deals.

We are delighted to officially welcome the team at Ray White Commercial Canberra to the network.

Their recent rebrand to Ray White Commercial now positions Ray White Commercial’s representation in every state and territory in Australia and New Zealand.

The team is headed up by Ray White super leader, Ben Faulks, along with business partners Frank Giorgi and Steven Shang.

QUICK JUMP TO A REGION QLD

NSW

VIC

WA

NZ

PORTFOLIO | Ray White Commercial | 3

FOCUS ON HASTINGS STREET, NOOSA HEADS, QLD HASTINGS STREET, NOOSA HEADS

VANESSA RADER

Vacancy and mix

Head of Research

Jun-21

With international border closures, regional parts of Australia have had an economic injection as both holidaymakers converge and residents relocate. Noosa is a long-time jewel of the Sunshine Coast, popular with interstate tourists predominately from Sydney and Melbourne, while an easy commute from SEQ makes it a popular local getaway.

After the stringent Queensland border shutdowns, we saw an influx of visitors into the state with most coastal towns benefitting with improvements in hotel occupancy and vibrancy returning to retail strips and entertainment precincts.

This has not been the only catalyst for improvement, the strong gains in interstate migration have swung back in favor towards Queensland as residents move away from Melbourne and Sydney opting for the (COVID-19) “safe haven” of Queensland and notably its regional locations.

The ability to work remotely has aided this, however the strong increase in business starts across the Shire echo this lifestyle move. As a result, we have seen growth in activity across all commercial asset classes with occupancy high. Our recent survey of Hastings Street, Noosa Heads, highlights this as retail vacancy sits at just 2.23 per cent across the prime strip.

4 | PORTFOLIO | Ray White Commercial

Jun-15

0

10%

20%

30%

40%

SUPERMARKET & GROCERY CAFÉ’S & RESTAURANTS FURNITURE, HOUSEWARE & APPLIANCE RETAILING OTHER PERSONAL & HOUSEHOLD GOODS RETAILING PUBS, TAVERNS & BARS

50%

60%

70%

80%

90%

100%

SPECIALISED FOOD RETAILING CLOTHING & SOFT GOODS RECREATIONAL GOODS RETAILING SERVICES VACANT

Source: Ray White Commercial

Strong occupancy levels highlight the long-term confidence for this region - our same survey completed in 2015 saw vacancy at 4.66 per cent. Over this period we have seen some changes to the retail mix across the strip, however the dominance of clothing and soft goods remains which is unique to this location given the move to online retailing for these goods, and while it has decreased, it continues to occupy 37.04 per cent of floorspace.

We have however witnessed an increase in food retailing growing its footprint from 26.38 per cent to 34.26 per cent with a further 10.8 per cent devoted to bars.

Echoing the strong demand to occupy space along this strip has been the quality rental rates achieved during 2021. With limited options in the market adding to the competitiveness in the leasing market, this year we have seen a number of new leases in the 35-200sq m size range with food retailing achieving premium rates.

...ASSETS ON AVERAGE ONLY COME TO THE MARKET EVERY 12.74 YEARS WITH SOME ASSETS HAVING BEEN HELD IN EXCESS OF 30 YEARS Those deals which have transacted represented net face rents in the region of $2,500-$3,750/sq m with an average term of five years. We have seen the overall average rates achieved across the strip sit at $2,523/sq m this year with soft goods tenancies dictating a lower average rental rate.

With quality returns on offer, investment demand for stock in this location is also high. However, this precinct has a history of being tightly held with many

owners (both local and interstate investors) owning multiple properties along the strip.

Our analysis on the average asset holding time identifies that assets on average only come to market every 12.74 years with some assets having been held in excess of 30 years. As such, we have witnessed little transactional evidence this year within the $20,000$65,000/sq m range depending on strata or freehold assets with yields in the sub-4.75 per cent range.

PORTFOLIO | Ray White Commercial | 5

MAJOR ALDI-ANCHORED CONVENIENCE CENTRE SELLS FOR $10.5M BRIDGE Street Plaza, one of Queensland’s superior convenience retail offerings of 2020, has sold to a Sydney-based buyer for $10,500,000 at 546 Bridge Street in Toowoomba.

The asset, which comprised a new generation ALDI supermarket plus convenience food/services offerings, was sold following a successful expressions of interest campaign.

The property was marketed and sold by Ray White Commercial Queensland Retail Sales father and son duo Stephen and Elliot Kidd.

Mr Stephen Kidd said the shopping centre, which was recently expanded and refurbished, opened for trading in January 2020, and was arguably a not-to-be repeated ALDI-anchored convenience centre as ALDI are generally owner-occupiers, not tenants.

“We had more than 80 enquiries throughout the campaign with six contracts submitted – the winning buyer was the one able to settle in the quickest time

6 | PORTFOLIO | Ray White Commercial

frame with the smallest amount of funding required,” he said.

“This sale reinforces the fact that there’s still plenty of wealth out there looking to be placed into quality assets underwritten by the property fundamentals being location, tenant diversity, and lease strength/covenant.”

Mr Elliot Kidd said Toowoomba continued to experience substantial employment and population boost, with some $13 billion of infrastructure recently completed or scheduled for construction.

“We had mostly New South Wales and Victorian buyers in Melbourne enquiring thanks to our advertising in newspapers and across the various online portals,” he said.

“We found these buyers were all looking for the security of a convenience centre anchored by ALDI, which in itself is very rare.”

PORTFOLIO | Ray White Commercial | 7

SUBSTANTIAL RIVERVALE OFFICE/WAREHOUSE SELLS FOR $5.3M A PRIVATE local businessman and developer has purchased a substantial office/warehouse in the inner eastern Perth suburb of Rivervale as 33 Cleaver Terrace sold for $5.3 million.

“Having said that, the site does also allow for future residential mixed-use redevelopment in this highly sought-after location.”

The property was sold via private treaty and was sat on a large 9,991sq m* site area with a 6,020sq m* warehouse and 1,522sq m* of office space.

“Industrial properties in and around Perth are booming right now and it’s reflective of the wider vibrant WA economy. This property was sold after just two weeks,” Mr Vogt said.

The asset was successfully marketed and sold by Ray White Commercial (WA) Joint Managing Director Chris Matthews and Industrial Negotiator Martin Vogt.

“The property was sold almost for land value, has close proximity to Perth CBD, and benefits from a great transport system, access to arterial roads, and links to the airport and key freight destinations.”

“Although aged improvements, the building is very functional, and initially the buyer intends to upgrade the facility for the purpose of office/showroom and warehousing,” Mr Matthews said.

*Approximately.

8 | PORTFOLIO | Ray White Commercial

PORTFOLIO | Ray White Commercial | 9

10 | PORTFOLIO | Ray White Commercial

72 TITLED RESIDENTIAL LOTS GLADSTONE, CENTRAL QLD Hillclose Estate, Gladstone QLD

Outline Indicative Only

EXPRESSIONS OF INTEREST Closing Tue 29 Jun 2021 4pm

Available In-One-Line, Individually or Any Combination • 6km* south of the Gladstone CBD and minutes to Gladstone Airport • Balance of Hillclose Residential Land Estate • 72 Registered, serviced residential allotments • All lots benched ready for building • Sizes ranging in size from 160m2* to 791m2* (avg. 387m2*)

Mark Creevey 0408 992 222 mark.creevey@raywhite.com Andrew Allen 0408 799 585 andrew.allen@raywhite.com

raywhitespecialprojects.com

8,380M2* APPROVED MIXED USE DEVELOPMENT SITE Lot 2020 Freshwater Street, Mountain Creek SEQLD

Outline and Locations Indicative Only

EXPRESSIONS OF INTEREST Closing Wed 21 Jul 2021 4pm

• One of the last remaining sites within the award winning Brightwater Estate • Dual Approvals - Retirement Living Facility 81 dwellings or 152 bed Residential Aged Care facility • Designated "Local Centre Zone" • Clear, flat "island site" with approx 354m of road frontage and all essential services • Located in close proximity to a large variety of local facilities and amenities

Mark Creevey 0408 992 222

Michael Shadforth 0488 981 076

Tony Williams 0411 822 544

Samuel Hoy 0423 795 273

*Approx

raywhitespecialprojects.com

1447 LOT APPROVED SUBDIVISION SEQLD Fernvale, Western Corridor, South East QLD

Outline and Locations Indicative Only

EXPRESSIONS OF INTEREST Closing Thur 15 Jul 2021 4pm

• Total land area 153* hectares across 3 titles • Two separate approvals for 116 large lots (avg. 1,525m2*) and 1331 traditional lots (avg. 583m2*) • Potential to significantly increase yield (^STCA) • 3mins* to Fernvale town centre and Woolworths anchored shopping centre • Located next to sold out Honeywood Estate and within 45minutes* to Brisbane CBD

Tony Williams 0411 822 544 tony.williams@raywhite.com Mark Creevey 0408 992 222 mark.creevey@raywhite.com

*Approx ^Subject to Council Approval

raywhitespecialprojects.com

PROFESSIONAL FULLY FITTED OFFICE SUITE IN SOUTHPORT CBD 2206/5 Lawson Street, Southport QLD

Outline Indicative Only

SALE

OFFERS OVER $355,000 + GST • • • • • •

Vibrant second floor office space 85m2 total area - 78m2 + 7m2 balcony Secure basement carpark Professional fit out included Southport Central Tower 2 Convenient to trams and Southport CBD

If you require professional presentation yet with practicality and warmth then this office would suit a variety of uses including but not limited to Medical, Legal, Mediation, Accountancy as an example.

Kelly Zeckovic 0418 790 201 kelly.zeckovic@raywhite.com

raywhiterobina.com.au

RETAIL CENTRE 2454-2460 Gold Coast Highway, Mermaid Beach QLD

Locations Indicative Only

EXPRESSIONS OF INTEREST Closing 30th July 2021 • • • • • •

1,644m2* Freehold land/919.6m2* NLA 12 Tenancies Fully Leased 47 Car Parks on site Gross Rental Income $377,989.64 p/a* Well maintained Centre Run under management

• • • • •

Corner position with North-East aspect Mixed use retail & office Home to 4 of the best restaurants Public transport at the door Potential to redevelop up to 24m^

Kelly Zeckovic 0418 790 201 kelly.zeckovic@raywhite.com

*Approx ^Subject to Council Approval

raywhiterobina.com.au

UNIQUE DUAL TENANCY - RESIDENTIAL OR COMMERCIAL OR A COMBINATION 101/111 Lindfield Road, Helensvale QLD

Outline and Locations Indicative Only

SALE

$695,000 + GST (if applicable) • • • • • •

Potential for 2x incomes 2 secure car spaces Courtyard and balcony Resort facilities; pool, BBQ 200m approx. total area across 2 levels SOHO - Street Office/ Home Office

Ideally suited to be owner occupied or can be tenanted to 1 or 2 different tenants. Located in a mixed use building with various businesses located in these unique properties. Adjoining Helensvale Plaza Shopping Centre and Library.

Kelly Zeckovic 0418 790 201 kelly.zeckovic@raywhite.com

raywhiterobina.com.au

BUY THE BANK! NAB AIRLIE BEACH LOCATED IN THE TOWN CENTRE - NEW 3 YEAR LEASE 1/348 Shute Harbour Road, Airlie Beach Whitsundays QLD

Locations Indicative Only

SALE

PRICE REDUCTION now $2,200,000 with a yield of 6.75% Looking for a safe investment? You don't get safer than the bank. This property is home to NAB Airlie Beach with a net return of $148,708pa. A brand new 3 year lease commenced 1st April 2021 with NAB paying all of the outgoings. This is a hassle free, easy to manage investment property offering a safe and secure income stream. For further information contact Brett Dwyer from Ray White Whitsunday.

Brett Dwyer 0447583759 brett.dwyer@raywhite.com

raywhitewhitsunday.com.au

AUCTION - HIGH YIELDING INDUSTRIAL PROPERTY 38-40 Carlo Drive, Cannonvale Whitsundays QLD

AUCTION

Online Auction 23 July at 10.30am Commercial laundry & storage sheds. The anchor tenant is a well-established business that services a wide range of industries including accommodation (Whitsunday Island Resorts, Airlie Beach and Cannonvale Hotels / Motels / Resorts), health and aged care and the food and beverage industry. Consolidated Linen Service (CLS) is a family owned business that has been in operations since 1990. They employ over 150 staff and service the region from Sunshine Coast to Whitsunday.

Brett Dwyer 0447583759 brett.dwyer@raywhite.com Mark Beale 0404 498 790 mark.beale@raywhite.com

raywhitewhitsunday.com.au

INVEST, DEVELOP OR OCCUPY - THREE LOTS TO BE SOLD IN ONE LINE 88A, 90B and 92A Minnie Street, Southport QLD

Outline Indicative Only

AUCTION

Thursday 29 July at 11am This offering has potential for an investor to keep the currents tenants and sign brand new leases, clear the land and develop a strata unit complex (STCA) or occupy the space.

• • • • •

2,137m2* total site area 88A - 685m2* land area 90B - 726m2* land area 92A - 726m2* land area Low Impact Industry zoning

Hudson Kaddatz 0409 589 660 h.kaddatz@rwsp.net

raywhiteindustrialgoldcoast.com

83 FREEHOLD STRATA TITLED CAR PARKS - IN ONE LINE 28 Astor Terrace, Spring Hill QLD

Outlines and Locations Indicative Only

EXPRESSIONS OF INTEREST

Closing Wednesday 21 July 2021 at 4pm (AEST) • The 83 car parks are located within the Astor Terrace Car Park, a multi level strata title car park comprising 226 lots and a commercial stratum lot • Not subject to a lease, providing optimum flexibility • Current on-site management with fully automated ticketing • Future redevelopment site 1,735sqm - Zoned High Rise Commercial 1 • Coveted Spring Hill address complimented by pedestrian link to the Brisbane CBD

John Dwyer 0439 034 010 john.dwyer@raywhite.com

*Approx

raywhitecommercialqld.com

SECURE INVESTMENT - FUTURE DEVELOPMENT UPSIDE 25 Caloundra Road, Caloundra West QLD

Outline and Locations Indicative Only

AUCTION

15 July, In Rooms, The Events Centre, Minchinton Street, Caloundra • • • • • •

Land Area: 2139m2* Freehold Investment opportunity Tightly held commercial precinct Currently utilised as a Motor Dealership DA Approval for 1000m2 showroom Caloundra Rd is home to Bunnings, BCF, Petbarn & Major Motor Dealerships

Alan Gray 0414 894 084 alan.gray@raywhite.com Len Greedy 0401 691 807 len.greedy@raywhite.com

raywhitecommercialcaloundraandsunshinecoastsouth.com

ONE OF SPRINGWOOD'S BEST OFFICE OFFERINGS WITH DEDICATED PARKING FOR 55 VEHICLES 139-143 Barbaralla Drive, Springwood QLD

Outline and Locations Indicative Only

LEASE

From $320 per sqm + Outgoings + GST • • • • • •

Total floor area of 1,246sqm* Multiple areas from 400sqm* Previously used as a call centre Open plan layout with ducted air-con Fibre optic internet, new security system Fit-out incentives for long lease terms

• 43 Secure basement car parks • Walking distance to Chatswood Central Shopping Centre • Direct access to public transport • Just minutes to the Pacific Highway on/off ramps

Jamie Davey 0400 763 772 jamie.davey@raywhite.com

*Approx

raywhitemarsden.com.au

HASTINGS STREET - SECURE TENANTED INVESTMENT Lot 26/18 Hastings Street, Noosa Heads QLD

SALE

$1,600,000 + GST (if applicable)

David Brinkley 0448 594 361 david.brinkley@raywhite.com

• • • •

Tracey Ryan 0421 981 490 tracey.ryan@raywhite.com

61m2* ground floor tenancy just footsteps off Hastings Street Excellent passing foot traffic Secure long standing tenant with new 3 x 3 lease Rental income $90,000 per annum gross + GST

raywhitecommercialnoosasunshinecoastnorth.com

PRESTIGIOUS NOOSA SHOP

DUAL RETAIL FRONTAGE

LEASE

LEASE

Lot 1/35 Hastings Street, Noosa Heads QLD

$359,000pa + outgoings + GST

• • • •

First time available for lease ever 156m2* including mezzanine and storage Stunning design suited to retail Quality neighbours include Rodd & Gunn, Peter Alexander, Seed, Peter Kuruvita's Noosa Beach House and Endota Spa

Lot 2/18 Hastings Street, Noosa Heads QLD

$202,475pa + outgoings + GST

Paul Butler 0418 780 333 David Brinkley 0448 594 361

raywhitecommercialnoosasunshinecoastnorth.com

• 70m2* dual frontage retail tenancy in the centre of vibrant Hastings Street • Floor to ceiling windows onto the main street • Additional rear windows into Bay Village • High volume foot traffic • Multi-level carpark at rear of complex

Paul Butler 0418 780 333 David Brinkley 0448 594 361

raywhitecommercialnoosasunshinecoastnorth.com

14 | PORTFOLIO | Ray White Commercial

EAST PERTH DEVELOPMENT SITE - THE SKY'S THE LIMIT 51-55 Wittenoom Street, East Perth WA

Outline indicative only

EXPRESSIONS OF INTEREST Closing Wed, 28 Jul 2021 at 4pm (AWST) • • • • •

Desirable East Perth Village precinct 912sqm* combines site (2 titles) High plot ratio - no height limits Commercial/Residential/Mixed-Use Holding income

Michael Milne 0403 466 603 michael.milne@raywhite.com Stephen Harrison 0421 622 777 stephen.harrison@raywhite.com

*Approx

raywhitecommercialwa.com

11.5 YEAR WALE 2 Page Road, Kelmscott WA

Outline and Locations Indicative Only

SALE

Offers Invited • • • • •

Prominent Albany Highway Corner Location Completed June 2020 - Depreciation Benefits Childcare Centre and Gym Fixed Rental Increases Strong Initial Income: $500k+ pa net

Brett Wilkins 0478 611 168 brett.wilkins@raywhite.com Jeff Braddock 0412 934 694 braddock@bpga.com.au

*Approx

raywhitecommercialwa.com

PRIME POSITIONED LEASED CBD SHOP Shop 3, 580 Hay Street, Perth WA

EXPRESSIONS OF INTEREST • • • • • •

4 year lease $70,000pa net 119sqm* NLA 3 phase 120 amp power Grease trap Sold as a leased investment

Stephen Harrison 0421 622 777 stephen.harrison@raywhite.com

*Approx

raywhitecommercialwa.com

12 | PORTFOLIO | Ray White Commercial

TENANTED INDUSTRIAL INVESTMENT 11/573 Burwood Highway, Knoxfield VIC

AUCTION July 27, 2021 • • • •

Total Building Area: 227sqm* Includes Warehouse Area: 176sqm* Includes Office Area: 51sqm* Tenanted: $32,000pa + GST + Outgoings • Two (2) Car Parking Spaces

• • • • • •

Air Conditioning Kitchenette and Disabled Facilities Three (3) Phase Power Security Cameras Board Rooms and Open Plan Office High Clearance Warehouse

Paul Waterhouse 0417 660 153 paul.waterhouse@raywhite.com Mitch Rosam 0402 355 805 mitch.rosam@raywhite.com

*Approx

raywhitecommercialferntreegully.com

FULLY RENOVATED FREEHOLD PREMISE WITH ATTACHED RESIDENCE 1236 Burwood Highway, Upper Ferntree Gully VIC

AUCTION

$860,000-$946,000 • • • •

Total Building Area 150sqm* (inc Shop) Total Shop Area 68.3sqm* Two (2) Bedroom Residence Attached Off Street Parking Available

• Security System • Private Courtyard • Access from Laneway at Rear

Mitch Rosam 0402 355 805 mitch.rosam@raywhite.com Paul Waterhouse 0417 660 153 paul.waterhouse@raywhite.com

*Approx

raywhitecommercialferntreegully.com

ONE-OF-A-KIND INVESTMENT/DEVELOPMENT OPPORTUNITY 194-202 Rooks Road, Vermont VIC

Outline and Locations Indicative Only

EXPRESSIONS OF INTEREST • • • • • •

116m frontage Rooks Road NLA 2035m2* 65 car spaces Securely leased with a total net income $318,600 PA plus GST Minutes to Eastlink and Eastern Freeway 25km* to Melbourne CBD

Graham Reynolds 0418 385 090 graham.reynolds@raywhite.com

*Approx

raywhitelilydale.com.au

PORTFOLIO | Ray White Commercial | 11

INVEST, OCCUPY OR DEVELOP IN THE HEART OF NORTON STREET 54 Norton Street, Leichhardt NSW

AUCTION Contact Agent

• Holding Income Value add opportunity • Net passing income of $87,800* per annum • Proposed uplift in planning controls • Freestanding with a generous land size of 272sqm*

• 9.2 metre Norton Street frontage • Currently fitted out as a restaurant, cafe and wine bar • Zoned B2 - Local centre with proposed uplift under the Parramatta Road Urban Transformation strategy (STCA)

Kristian Morris 0411 415 297 kristian.morris@raywhite.com Lachlan Palm 0452 008 887 lachlan.palm@raywhite.com

raywhitecommercialsydneycityfringe.com.au

PORTFOLIO | Ray White Commercial | 13

"THE TRADERS CO" BUSINESS COMPLEX Corner 2 Kairua Road and Wilmers Road, Hornby, Canterbury NZ

Artists Impression

SALE

from $235,000 + GST (if any) to $585,000 + GST (if any) Smart industrial business units, well designed to meet the market needs for affordable and versatile, entry level commercial units. Located in the popular industrial precinct of Hornby. Close to Wigram and opposite to the popular sports fields at Warren Park.

Sizes range from 36.3m2* to 85.2m2*. Ideal for small business owners, light industrial workshops, e-retailers, warehouses, showrooms and boutique offices. 6m high stud to the knee with mezzanine option. 22 car parks allocated for the complex of 12 units

Paula Raine +64 27 221 4997 paula.raine@raywhite.com www.thetradersco.co.nz

*Approx

www.rwcchristchurch.co.nz

Licensed Salespeople (REAA 2008) - Ray White Commercial (Christchurch)

RAY WHITE COMMERCIAL KNOW PROPERTY MANAGEMENT Over 8,800 tenancies managed across Australia and New Zealand Utilising the most up to date technology to ensure your investment is always performing at its optimal level Over 112 property management specialists, supported by 351 industry-leading commercial agents in over 47 locations across Australasia

WE MANAGE

Offices

Industrial/ Warehouses

Showrooms/ Bulky Goods

Medical Precincts

Childcare Centres

Service Stations

Pubs

Retail

Recreational Facilities

Food and Beverage

$

Shopping Centres

Motor Dearlerships

INTRODUCING

RAY WHITE VALUATIONS With over 200 years of combined valuation knowledge and experience backed by Ray White’s national and international presence, we are trusted for our consistent and accurate reporting and are often sought out for our unrivalled research and property advice by homeowners, investors, developers, estate agents and lenders alike.

OUR VALUATION SERVICES Valuations for Commercial Real Estate including Office, Retail, Industrial and Shopping Centres; Valuations for Going Concern including Hotels and Resorts, Pubs, Golf Courses, Childcare Centres, Boarding Houses and Student Accommodation; Valuations for Residential Real Estate including Residential Developments, Prestige Residential Properties, Residential Subdivisions and Unit Entitlement Valuations; Valuations for Corporate and Government Portfolios; and Expert Legal Witness

WE REGULARLY COMPLETE VALUATIONS FOR: Major banks and other lending institutions, developers and investors, property trusts, government bodies, liquidators and administrators, lawyers, accountants and brokers.

Providing valuations in a range of scenarios including: Mortgage security, rental assessment, unit entitlement, sale and purchase advice, rate objections and statutory value, restructuring ownership splits, cash flow modelling.

Get in touch

ROBERT WILSON

Managing Director / Partner Ray White Valuations NSW 0424 135 642 robert_wilson@raywhite.com

ADAM ELLIS

Partner Hotels & Leisure 0411 752 293 adam.ellis@raywhite.com

PETER WILTSHIRE

Partner Residential Development 0414 780 448 peter.wiltshire@raywhite.com

RAYWHITECOMMERCIALNSW.COM/VALUATIONS

JARROD PILTZ

Partner Retail, Industrial & Office 0400 204 640 jarrod.piltz@raywhite.com

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