Facey Industrial Commercial Property Review Spring 2015

Spring 2015

Property Review faceyindustrial.com.au

Welcome Welcome to the Spring 2015 edition of our Property Review.

We hope you enjoyed the last edition of the Property Review released April 2015. We are proud to report that over 60% of the properties featured in that edition have since been let or sold.

In this edition we have retained some popular features such as the staff profiles and suburb snapshots along with introducing new feature property articles – be sure to check out the article on improving cash flow in your industrial investments by BMT on page 18.

2015 continues to be a strong year and investment sales best illustrate the strength of the current property economy. The growth in the volume of investment sales completed by Facey since April has been unprecedented.

This month, Facey Industrial Commercial along with our partners officially launched our new initiative, Industrial Commercial Partners (ICP) Australiawide. This now offers all clients the ability to work with like-minded property professionals throughout the country servicing their industrial property needs, see page 4 for more details.

We hope you enjoy this edition of the Property Review, and we look forward to the opportunity of assisting you.

Yours faithfully,

GRAHAM ‘JOSH’ KENDALL

MARK BOND

Director Director

Fast read 4 Capital Place, Carrum Downs........................................

P.11 39 Weebar Road, Drouin....................................................

P.12 Casey Business Park..............................................................

P.22 49 Beach Street, Frankston................................................

P.23 Facey Property Management...........................................

P.35

For Sale

By Expression Of Interest

Invest In This Neighbourhood Shopping Centre Located in Melbourne’s south east growth corridor and surrounded by Pakenham Springs Primary School and the successful residential developments of Lakeside and Heritage Springs, this is an excellent long term investment opportunity.

Specifications Site Area GLA

WALE Zoning EOI Closing Terms

Contact Mark Bond 0419 386 882

2.2ha 5,267m shopping centre + 1,700m2 carwash + 1,686m2 service station 6.21 years Commercial 1 27th August 2015 at 5pm Negotiable

Property features: •

Fully leased with 7.5 years remaining in Coles first term plus two option terms of 10 years

•

Only 2km from Pakenham Town Centre

•

4 road frontages

•

278 carparks onsite

•

Nationally recognised tenants such as Coles, Brumbies, Chemist Warehouse, Coles Express, Nando’s, Tatts and Liquorland

•

Carwash and Coles Express Service Station on title

•

25 tenants returning $1,844,650 PA

2

Graham ‘Josh’ Kendall 0418 322 443

A NATIONAL PARTNERSHIP Industrial Commercial Partners of Australia (ICP) is a national partnership of independent and likeminded agents that value customer service and have superior market knowledge.

With a holistic and seamless approach, based on building and maintaining client relationships, ICP can service your industrial and commercial property needs.

ICP collaborates and shares resources to achieve a client centred approach. Our clients are able to maintain one point of contact who is accountable nationally.

ICP’s national representation ensures that clients across Australia can be matched with properties that best suit their needs and interests.

OUR PARTNERS

4

INDUSTRIALCOMMERCIALPARTNERS.COM.AU INFO@INDUSTRIALCOMMERCIALPARTNERS.COM.AU

For Sale

262 Bluff Road, Sandringham Does It Get Any Better?

• A-grade investment • 5 x 5 year lease commenced 12/06/14 • Leased to ASX Top 200 Company Greencross Limited • Returning $100,554 net PA

Specifications Sale

Negotiable above $1,800,000

Building Area

305m2 (approx)

Land Area

718m2 (approx)

• Freehold title • Tightly held bayside location For sale by set date: 31st August, 2015 (if not sold prior)

CONTACT Matt O’Dea

0448 566 556

Colin Tarlamis

0400 344 070

Snapshot Dandenong South 8 major arterials:

Dandenong South features one of Australia’s largest industrial areas and is situated 31km to the south east of Melbourne CBD. Dandenong South is bordered by the South Gippsland Highway to the east, Eastlink in the west and the Dandenong CBD in the north.

Considered one of Australia’s largest manufacturing and transportation hubs, Dandenong South is the base for Viridian New World Glass, Visy Board, Wurth Australia and the APA Gas Network. Multiple industrial estates are currently under development including Logis Business Park, The Key Industrial Estate, Nexus Industrial Estate,

Innovation Park and Prosperity Way. Dandenong South also features furniture showrooms and outlets such as Harvey Norman and Super A-Mart.

The manufacturing industry in the Greater Dandenong council area provides one third of jobs in the local area and contributed to the $15.5 billion in output for the City of Greater Dandenong*.

1

Princes Highway

2

Eastlink

3

South Gippsland Highway

4

South Gippsland Freeway

5

Greens Road

6

Dandenong Bypass

7

Cheltenham Road

8

Frankston-Dandenong Road

29.4km2

Total area of Dandenong South

75%

of Dandenong South is Industrially Zoned

15.5 billion output in 2014*

*City of Greater Dandenong. http://jobs.greaterdandenong.com/our-city/quickfacts/dandenong-council-job

6

For Lease

1 Fairborne Way, Keysborough Corporate Office Warehouse Facility • • • • • • • •

Presented to the highest standard Corporate offices of 400m² over 2 levels Executive furniture available by negotiation IT/R&D/Training area of 680m² High clearance warehousing of 400m² 2 RSD access points Superior security set-up 26 car spaces onsite

Ideally suited to high end R&D, executive training, security information storage and retrieval systems or any headquarters that requires a showroom.

*

Specifications Lease Size

$152,400 PA + O/Gs 1,500m2

CONTACT Ian Kilgour

0416 012 727

Colin Tarlamis

0400 344 070

All prices are exclusive of GST. All measurements are approximate.

Property Review | Spring 2015

7

For Lease

57-67 Popes Road, Keysborough An Eastlink Super Site Available in August 2015, warehouse 3 and the rear section of warehouse 1 are available for lease individually or together.

Both properties feature: • 4,000AMPS of power and 7KPA gas line* • Fully sprinklered warehouse • 143m frontage to Popes Road plus visabilty from Eastlink • Ample parking Additionally, warehouse 3 offers: • 250m of office space 2

• 6m springing height and 9.5m at the apex

Warehouse 1 Lease

$140,200 PA + O/Gs

Size

2,804m2

Warehouse 3 Lease

$250,000 PA + O/Gs

Size

5,945m2

CONTACT Matt Rice

0419 871 240

Colin Tarlamis

0400 344 070

*Subject to authorities approval

3

1

8

For Lease

3/550 South Gippsland Highway, Lynbrook Superb Main Road Showroom • • • • • • •

Excellent exposure to South Gippsland Highway Approx 780m2 of high clearance warehousing Brilliant multi-level office/mezzanine at rear Rear RSD access Easy drive around facility 18 carparks on title Located adjacent to prominent corner of major intersection

Owner expanding to new store

*

Specifications Lease Size

$112,500 PA + O/Gs 1,250m2

CONTACT Ian Kilgour

0416 012 727

Matt O’Dea

0448 566 556

All prices are exclusive of GST. All measurements are approximate.

Property Review | Spring 2015

9

For Lease 169-179 PRINCES HIGHWAY, DANDENONG

EYE-POPPING DISPLAY YARD Located on busy Princes Highway, and less than 500m from Eastlink, this corner site will suit a multitude of uses.

• • • • • • • •

Landmark site of 7,339m² zoned Commercial 2 Expansive 100m frontage to Princes Highway Showroom 1: 682m² including offices for lease Showroom 2: 859m² including offices for lease Huge display yard/carpark on prominent corner site Ideally suited for trade sales, place of assembly, education facility (STCA) Abundance of carparking Discount rate if both leased together

LEASE: SIZE: CONTACT:

$80,000 PA + O/Gs each 1,541m² IAN KILGOUR 0416 012 727 ADAM MARTIN 0409 357 352

Staff Profile

Matt O’Dea Licensed Estate Agent and Auctioneer

Matt has been with Facey for the last seven years and is an award winning auctioneer. Prior to making the move to selling industrial and commercial real estate, Matt was working in marketing. He is the father to four boys and is an avid Collingwood supporter.

Q. How did you come to work in the industry?

‘Go with your gut instinct’ - If something feels wrong, it probably is.

Q. What was the first album/CD that you purchased?

Q. What is the best part of the job?

Q. Do you have a nickname?

Meeting people, hearing their interesting stories, and developing relationships.

There is plenty of diversity, motives, and opinions when it comes to industrial and commercial real estate and some clients are really engaging.

Mo. There were three Matt’s at Facey when I started, and there needed to be a quick way of getting the right Matt’s attention.

U2 ‘Achtung Baby’ and Hunters and Collectors ‘Cut’. I bought them both at the same time, at JB Hi-Fi in Dandenong!

I had family ties to Facey, given my father Terry’s history here, and had often thought of making the transition over the years.

After 10 years in marketing it was time to give up the frequent travel and long commutes into inner Melbourne, and see if real estate was as dynamic as I hoped.

No regrets.

Q. If you could give one tip, what would it be?

Q. Do you have a pet?

No, four sons are enough!

Q. I wish I was better at..

Golf.

Q. What was the last concert you went to?

P!NK (Don’t laugh, it was a great show!)

Q. One thing I love that everyone else dislikes is ...

Oysters... and Collingwood.

10

For Lease

4 Capital Place, Carrum Downs Not Too Many Available Like This Magnificent building ready to occupy. This ticks all the boxes.

• Total building area of 3,695m² • Includes warehouse of 3,103m² • Great internal clearance and superb natural light • 6 RSDs and 5 cross overs • Side canopy with great vehicle marshalling • Split level executive offices of 521m2 plus mezzanine of 71m2 • Includes existing glass partitions and some furnishings • Architecturally designed on prominent corner location • Located just minutes to Eastlink and Mornington Freeway

*

Specifications Lease Size

$300,000 PA + OGs 3,695m2

CONTACT Colin Tarlamis

0400 344 070

Ian Kilgour

0416 012 727

All prices are exclusive of GST. All measurements are approximate.

Property Review | Spring 2015

11

39 Weebar Road, Drouin

Drouin Secondary College

Land For Sale

Proposed Neighbourhood Centre

Golden Development Opportunity • Part of the Drouin Precinct Structure Plan (PSP) • Existing urban area • General Residential Zone 1 • PSP supports a range of lot sizes and aims to increase diversity • Existing Drouin town centre is projected to grow to service 29,000 from the current 11,000* • New Weebar neighbourhood centre projected to house 7,000 people

Specifications EOI Closing Size

20th August 2015 at 4pm 24,030m² (6 Acres)

CONTACT Mark Bond

0419 386 882

Matt Rice

0419 871 240

*Metropolitan Planning Authority ‘Drouin Precinct Structure Plan’, page iii, September 2014

12

GOT TO HAVE A LOOK! This property is yards ahead if servicing is your business.

• • • • • •

A truckies heaven!

Perfect for vehicle, truck or equipment hire and servicing 1,859m² of land – excellent large yard Multiple RSDs In ground service pit and a wash bay Offices over 2 levels, with area suitable for a caretakers residence

LEASE: SIZE: CONTACT:

Healey

Road

Kitchen

43 HEALEY ROAD, DANDENONG SOUTH

Road

For Lease

Land area 1,859m2

$4,455 PCM + O/Gs 486m² MARK BOND 0419 386 882 NICK JANIW 0424 237 456

For Sale or Lease 35-37 NISSAN DRIVE, DANDENONG

OCCUPY OR INVEST, YOU CAN’T GO WRONG! • • • • • • • • •

Wide road minutes from Eastlink, Dandenong Bypass and Monash Freeway 1,376m² of 6m high, clear-span warehouse Easy truck access 6m wide side driveway leading to rear yard Large concrete rear yard covering 500m² 4 motorised RSD’s: 1 front, 1 rear, 2 side 172m² of quality office space, lunch room and well-lit showroom Total of 24 carparks, 14 at rear Available soon so don’t miss out!

SALE: LEASE: SIZE: CONTACT:

*

$1,695,000 $116,100 PA + O/Gs 1,548m² MARK BOND 0419 386 882 NICK JANIW 0424 237 456

All prices are exclusive of GST. All measurements are approximate.

Property Review | Spring 2015

13

For Sale or Lease

For Sale or Lease

LOT 38 PACIFIC DRIVE, KEYSBOROUGH

13 ARCTIC COURT, KEYSBOROUGH

3,228m2 3,228m2

TAKE ONE OR TAKE BOTH • • • •

A VERSATILE OFFICE/WAREHOUSE

Each side has 199m ground floor office, 244m first floor office and 2,785m2 warehouse Total site has multiple RSDs and dual access points Secure fencing, side driveways and canopies 115 carparks onsite 2

SALE: LEASE: SIZE: CONTACT:

2

$4,196,400 EACH OR $8,871,460 BOTH $274,380 EACH OR $548,760 BOTH PA + O/Gs 3,228m2 EACH OR 6,456m² COMBINED ADAM MARTIN 0409 357 352 GRAHAM “JOSH” KENDALL 0418 322 443

• • • • •

48m² ground floor office, 83m² first floor office 550m² warehouse, 54m² mezzanine 11 carparks onsite Security fencing Great location just off Eastlink

SALE: LEASE: SIZE: CONTACT:

$1,286,250 $80,850 PA + O/Gs 735m2 ADAM MARTIN 0409 357 352 GRAHAM “JOSH” KENDALL 0418 322 443

For Sale or Lease 467 HAMMOND ROAD, DANDENONG SOUTH

CORNER PROFILE • • • • • • • • •

Excellent corner exposure 327m2 of air-conditioned office over 2 levels 1,323m2 clearspan warehouse Secured front carpark with RSD access Rear RSD access with 231m2 of fenced yard Minutes from Dandenong Bypass and Eastlink Bonus mezzanine in warehouse Switchboard provision for extra power subject to availability Great value for Hammond Road frontage

SALE: LEASE: SIZE: CONTACT:

$1,595,000 $115,500 PA + O/Gs 1,650m2 DOUKAS GIGIS 0466 339 668 GRAHAM ‘JOSH’ KENDALL 0418 322 443

14

Staff Profile Michelle has been working at Facey since July 2014 where she started working on trust accounts.

She made the transition from residential property management after working for both the St Kilda and Hawthorn Football Clubs. Michelle and her husband have a Border Collie called Benson.

Q. What is the best part of your job?

The best part of my job is the people I work with. And, as boring as it sounds, I really love the routine of the job I do, I enjoy processing things in precise order and the sequence of the tasks I complete day to day.

Michelle Bennett Accounts Q. Do you have a nickname?

Q. What was the last concert you went to?

Chelle. Not Mich - I’m definitely a Chelle.

Miley Cyrus. Pretty controversial, right? But she was excellent, really amazing.

Q. If you could give one tip, what would it be?

Be Kind. You don’t know what anyone else’s story is.

Q. Do you have a pet?

Yes! A gorgeous Border Collie called Benson.

Q. What are your interests outside of work?

A good book! I’m loving John Green’s novels at the moment. I also enjoy being active, going to the gym. My passion is travel, I am looking forward to going back to America again soon.

Q. Do you have a secret talent?

Q. One thing I love that everyone else dislikes is...

As a kid I was ridiculously good at athletics.

Javelin, discus and hurdles - I was great at them!

One Direction! And not even because they are cute, I actually really like their music. And no one else seems to..?

Q. I wish I was better at..

Q. What was the first album/CD that you purchased?

Singing. My husband is a singer in a band and I am pretty envious that he can just belt out a tune and sound great.

Good Charlotte. I still love that album to this day.

Expression of Interest 1 & 2/6-12 AIRLIE AVENUE, DANDENONG

EXISTING PERMIT FOR PLACE OF ASSEMBLY • • • • • • • •

Rare offering with existing permit for place of assembly on 2 titles Just off Princes Highway, minutes from Eastlink 17 carparks on title, 9 undercroft Well maintained separate offices Large open plan meeting area Quality amenities including multiple toilets, kitchen, store room etc Central heating/cooling throughout Bonus ground floor shop/office ideal for small business or take-away (STCA)

EOI CLOSING: WEDNESDAY 12TH AUGUST 2015 AT 4PM SIZE: 528m² CONTACT: MARK BOND 0419 386 882 IAN KILGOUR 0416 012 727

*

All prices are exclusive of GST. All measurements are approximate.

Property Review | Spring 2015

15

For Lease 32 LONSDALE STREET, DANDENONG

THE BEST MAIN ROAD EXPOSURE • •

• • • • • • •

Prime Lonsdale Street frontage Join the many successful neighbours - Booran Holden & Suzuki, Preston Motors Mitsubishi & Hyundai, Dandenong Nissan, Super Cheap Auto and Midas Car Care!

Position your business here to maximize your image A noted car/peripheral sales location Includes 115m² showroom/office Warehouse of 294m² 2 split system air-conditioners Lunchroom facilities Male and female amenities

LEASE: SIZE: CONTACT:

COME AND JOIN ME

$55,000 PA + O/Gs 409m2 GRAHAM ‘JOSH’ KENDALL 0418 322 443 NICK JANIW 0424 237 456

For Sale or Lease CAR MEGAMART, PAKENHAM

LAST SITES FACING CAR MEGAMART! Choose one of four and join the likes of Toyota, Isuzu, ARB, Ironman, Kimberley Kampers and Pakenham Tyres • • • • • • • • •

Each unit is 1,107m2 of showroom/warehouse Faces Car Megamart Possible stamp duty saving Quality builder Excellent location in South East Business Park Easy access to the Pakenham Bypass and Pakenham Central Modern design Ample onsite parking Be part of something Mega!

SALE: LEASE: SIZE: CONTACT:

$1,220,000 EACH $83,040 PA + O/Gs EACH 1,107m² ADAM MARTIN 0409 357 352 MATT O’DEA 0448 566 556

16

For Lease

23 Progress Street, Dandenong This Has All You Need!

• Office, warehouse and yard • Suit transport, manufacturing, distribution or similar uses • Side driveway with exceptionally large 1,858m² concrete rear yard • The electric front RSD is complimented by double 7m wide rear doors, which allows vehicles to drive through • Excellent access to all major arterials/freeway/tollways • 120m² of partitioned office space, including boardroom • Lunchroom, male/female amenities and extra offices in warehouse • Onsite carparking

*

Specifications Lease

$125,000 PA + O/Gs

Warehouse

1,464m2

Yard

1,858m2

CONTACT Graham ‘Josh’ Kendall

0418 322 443

Nick Janiw

0424 237 456

All prices are exclusive of GST. All measurements are approximate.

Property Review | Spring 2015

17

Improve the cash flow of an industrial investment property Did you know you can claim deductions in the form of property depreciation for an industrial property?

Legislation set by the Australian Taxation Office (ATO) allows the owners of any income producing property to claim depreciation.

Depreciation deductions are due to the decline of a building and apply to both the structure of the building (via a capital works deduction) and to any plant and equipment assets contained within the property.

An investor’s depreciation benefits will vary depending on the type of building, its age, its use, its size and its fit out. In commercial and industrial buildings a tenant is also entitled to claim depreciation for any fit out they install in the property once their lease starts. For these reasons it is very important to consult with an expert to find out what deductions are available.

For buildings of an industrial or a commercial nature, a Quantity Surveyor who specialises in depreciation will need to perform a site inspection of the property to ascertain what depreciation deductions the owner or the tenants of the property can claim.

A Quantity Surveyor will take measurements as well as photographs of assets and note any critical information about the assets and structure of the property. This information is then used to put together a tax depreciation schedule for the owner, the tenants or both parties and their Accountant/s to process their claim when they complete their annual income tax assessment.

Real deductions, real returns – making a real difference for you The table below provides an estimate of the depreciation deductions available for a variety of industrial property types.

Industrial property depreciation Purchase price

Year 1 depreciation

Year 1-5 cumulative depreciation

Industrial building

$550,000

$17,650

$79,200

Factory

$800,000

$18,350

$83,650

Industrial warehouse

$1,000,000

$20,200

$92,710

Manufacturing plant

$2,000,000

$81,500

$389,800

Building type

2014_TAX1

* The depreciation deductions in this example have been calculated using the diminishing value method of depreciation.

Article provided by BMT Tax Depreciation | Bradley Beer (B. Con. Mgt, AAIQS, MRICS) is the Chief Executive Officer of BMT Tax Depreciation.

18 Please contact 1300 728 726 or visit www.bmtqs.com.au for an Australia-wide service Mention seeing this article in the Facey Property Review when you call BMT Tax Depreciation.

2015_B228

Investors who would like further information should visit BMT Tax Depreciation’s commercial property depreciation page at www.bmtqs.com.au/ commercial-propertydepreciation-schedules or contact one of their expert staff for advice on 1300 728 726

THE MOST AFFORDABLE LAND IN SOUTH EAST MELBOURNE PAKENHAM BYPASS PAKENHAM PAKENHAM BYPASS - PRINCES FREEWAY

INDUSTRIAL LAND NOW SELLING

COMMERCIAL DRIVE

SOLD

SOLD SOLD

SOLD

121

122

55

54

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD SOLD

SOLD

SOLD

SOLD

SOLD

Lot 902 + Lot 903 (7,054m2)

New Stage Release Lots from 1,525m2 to 4,657m2

604 605 606

SOLD

SOLD

SOLD

SOLD

10% Deposit, balance 4 months or 14 days from title

SOLD

SOLD

VENTURE WAY SOLD

SOLD

CORPOR ATE TE RRACE

602 603

SOLD

SOLD

53

601

6

SOUTHE AST BO ULEVAR D

Freeway Frontage

51 52

LINK RD

STAGE

SOLD

SOLD

5

SOLD

STAGE

SOLD

SOLD

SOUTHEAST BOULEVARD 50

CAR MEGA MART

COMMERC IAL DRIVE

CAPITAL AVENUE

48

SOLD

47

SOLD

SOLD

SOLD

SOLD

44

SOLD

SOLD

SOLD

SOLD

43

MEGA RISE

SOLD

NATIONAL AVENUE

RUP RO AD

SOLD

SOLD

SOLD

HEALS EVILLE - KOO W EE

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

902

SOLD

9

903

EXPORT DRI VE

STAGE

SOLD SOLD

SOLD

SOLD

SOLD

GREEN HILLS

ROAD

Larger lots & pre-committed sale or leases available Outstanding opportunity for developers & owner occupiers. > Zoned Industrial 1 land > Limited industrial land release > High standard urban design & building guidelines > Gateway to Gippsland & Bass Coast

CONTACT US TO RESERVE YOUR LOT Josh Kendall 0418 322 443 Mark Bond 0419 386 882

SouthEastBusinessPark.com.au

For lease 14/2-8 NORTHEY ROAD, DANDENONG SOUTH/LYNBROOK

MODERN PREMISES - GREAT POSITION • • • • • • • •

Excellent 2 level office/showroom of approx 120m² Ducted heating and cooling Front showroom access Rear RSD for inward and outward goods Ample onsite parking Corner location on South Gippsland Highway Northey Road is a busy link between Western Port Highway and South Gippsland Highway A pleasure to inspect

LEASE: SIZE: CONTACT:

$39,000 PA + O/Gs 408m² NICK JANIW 0424 237 456 GRAHAM ‘JOSH’ KENDALL 0418 322 443

For Lease

For Sale

13 JOHNSTON COURT, DANDENONG

5/2 BROOKLYN AVENUE, DANDENONG

ALL THAT YOU NEED!

INVESTMENT STARTER

• • • • •

• • • • • •

Office, warehouse and yard Located between the Princes Highway and Greens Road Reception, showroom and partitioned offices of 104m² (approx) Side concrete yard of 480m² (approx) Has 3 RSD’s; 1 x front and 2 x side off the yard

LEASE: SIZE: CONTACT:

$65,100 PA + O/Gs 840m² GRAHAM ‘JOSH’ KENDALL 0418 322 443 DOUKAS GIGIS 0466 339 668

Great location just off Cheltenham Road and Eastlink 2 x 2 x 2 year lease Returning $15,303 PA + O/Gs Small front air-conditioned office 3 phase power Onsite parking

SALE: SIZE: CONTACT:

$300,000 233m² ADAM MARTIN 0409 357 352 JET SALIU 0488 335 388

20

Staff Profile Matt has worked in many aspects of property in his 26 years in the industry. From building inspections to property valuation and now an auctioneer, Matt loves working with his clients and helping them

Matt Rice Sales & Leasing Consultant and Auctioneer Q. How long have you been in the industry, and how did you come to work in it?

I started in the industry in 1989 conducting building progress inspections. Then, while I was undertaking a Bachelor of Business (Property) at Uni, I became a cadet property valuer. Once I completed uni, I worked as a valuer until 2004 when I started at Facey. My family had a property business and I was always interested in property as a child - It was a natural progression to be within the industry.

achieve their goals.

Q. Do you have a pet?

Q. If you could give one tip, what would it be?

Yes, a cat. Called Fiddy - short for ‘Fifty shades of Grey’.

Listen to your inner voice and above all, don’t take life too seriously! It should be fun and happy, not boring and miserable.

Q. Do you have a secret talent?

Q. Do you have a nickname?

I’ve had many over time! But we will just stick with Ricey!

My secret talent would be the ability to perform Reiki - I don’t think anyone really knows about that. And, I’m also a bit of a comedian - but everyone knows about that!

Q. I wish I was better at..

Being organised.

Q. What are your interests outside of work?

What are you a big fan of?

My family. Then surfing, skiing, snowboarding and the footy.

Q. What was the last concert you went to?

James Reyne at the Hallam Hotel.

Q. One thing I love that everyone else dislikes is...

Motorhead (heavy rock band) Q. What was the first album you purchased.

I bought Rod Stewart - Night on the Town when I was about 8 years old.

For Sale or Lease 12B KITCHEN ROAD, DANDENONG

CORPORATE WAREHOUSE FACILITY Well located, just off Frankston-Dandenong Road and only minutes to Eastlink and South Gippsland Highway, this facility is perfectly suited for light manufacturing or a major distribution outlet.

• • • • • • • • •

Warehouse of 4,200m2 8.5m springing height plus 5 tonne crane 9m wide roller doors Excellent presentation Functional single level offices Abundance of “at grade” parking Drive around facility Room for future expansion Easy access for large vehicles

SALE: LEASE: SIZE: CONTACT:

*

$4,300,000 $344,000 PA + O/Gs 4,500m² IAN KILGOUR 0416 012 727 COLIN TARLAMIS 0400 344 070

All prices are exclusive of GST. All measurements are approximate.

Property Review | Spring 2015

21

For Lease

66 Victor Crescent, Narre Warren Casey Business Park Upgrade to the convenient Narre Warren commercial hub.

• 3 spacious floors filled with natural light • Offices from 142m2 - 1,958m2 with flexible spaces • Easily accessible from the Monash Freeway, Princes Highway, Narre Warren Train Station and Fountain Gate • 5 star NABERS energy rating • Onsite showers, bicycle facilities and substantial carparking

One ground floor suite left!

Suite 2

142m2

First Floor leasing now Sizes from

240m2 - 488m2

Entire Second Floor!

Size

1,958m2

CONTACT Matt O’Dea

0448 566 556

Adam Martin

0409 357 352

FIRST FLOOR - NOW LEASING SUITE 6 488M2

SUITE 5 379M2

AVAILABLE

LEASED

SUITE 1 224M2

SUITE 2 155M2

SUITE 3 402M2

SUITE 4 240M2

LEASED

LEASED

AVAILABLE

AVAILABLE

22

For Lease

49-51 Beach Street, Frankston Superb Office/Retail Development • • • • • • • •

Located opposite Frankston TAFE 6 ground floor shops, some with triple interceptors Ground floor parking for 19 cars First floor parking for 31 cars Top floor offices with lift access Offices can be combined to suit your preferred configuration Shops to suit a multitude of uses (STCA) Close proximity to Frankston station and public transport

Specifications Lease Shop Lease Offices

$13,000 PA + O/Gs - $322,000 PA + O/Gs

Size Shops

63 - 117m2

Size Offices

CONTACT NICHOLS CROWDER Michael Crowder 0408 358 926

CONTACT FACEY INDUSTRIAL COMMERCIAL Ian Kilgour 0416 012 727

Linda Ellis

Colin Tarlamis

0400 480 397

$27,500 PA + O/Gs - $51,500 PA + O/Gs

43 - 1,127m2

0400 344 070

Completed impression.

Petr ie S

tree

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Frankston Chisholm

Property Review | Spring 2015

Roa d

All prices are exclusive of GST. All measurements are approximate.

Flet cher

*

Bea

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23

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For Sale

For Lease

1/5-7 DUNN CRESCENT, DANDENONG

75 KERRS LANE, LYSTERFIELD

Yard Area 2,833m2 Building Area 167m2

SNAP THIS UP!

LARGE YARD WITH STORAGE SHED

• • • •

• • • • •

Rare little street fronting factory 3 phase power Vacant possession Close to Cheltenham Road and Eastlink

SALE: SIZE: CONTACT:

$235,000 155m² MATT O’DEA 0448 566 556 JET SALIU 0488 335 388

Located off Belgrave-Hallam Road Includes 167m² workshop/storage shed Drive in, drive out access Ideal for storage or passive use Land area 3,000m² (approx)

LEASE: SIZE: CONTACT:

$1,820 PCM YARD: 2,833m² BUILDING: 167m² MATT O’DEA 0448 566 556 IAN KILGOUR 0416 012 727

For Sale

For Lease

3/25 TOWER COURT, NOBLE PARK

2/810-818 PRINCES HIGHWAY, SPRINGVALE

PLENTY TO OFFER

EVERYTHING IS DONE!

• • • • •

• • • • •

Occupy or invest in a great location Minutes from Eastlink and Cheltenham Road Climate controlled warehouse 2 small office areas with window furnishings 3 carparks on title

SALE: SIZE: CONTACT:

$380,000 289m² MARK BOND 0419 386 882 NICK JANIW 0424 237 456

50% office/warehouse split 13 carparks Easy access Princes Highway location Great value

LEASE: SIZE: CONTACT:

$37,900 PA + O/Gs 427m² MATT O’DEA 0448 566 556 IAN KILGOUR 0416 012 727

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Snapshot Hallam 5 major arterials: 1

Princes Highway

2

South Gippsland Highway

3

Monash Freeway

4

Hallam South Road

5

Belgrave - Hallam Road

7.9km2 Total area of Hallam Hallam is located 36km to the south east of Melbourne’s CBD, and it is situated next to the Victorian industrial hub of Dandenong.

industrial estate contributed $6.184 million of income to the City of Casey’s gross regional product in 2014.

The Princes Highway cuts through the centre of the suburb, dividing its residential and commercial area in the north from the industrial area in the south. Hallam is bound by the South Gippsland Freeway in the west, the Princes Freeway in the north, and Centre Road in the south.

Hallam also features a small commercially zoned precinct which services the surrounding community and features a Coles supermarket, Liquorland, Australia Post and a span of cafès, restaurants, butchers and bakers. This commercial precinct faces the Princes Highway, and is situated directly across from the Hallam industrial precinct.

The industrial estate features known Australian and International brands such as Bowen’s Timber, Fyna Foods, Focus on Furniture, Lumen Australia Pty Ltd and Dayco Australia. The

Passenger rail access to Hallam is available at the Hallam Train Station which is located in the south east corner of the industrial estate.

The station is on the Pakenham line.

*

3.2km2

Of industrial zone

6.184 million contributed to the City of Casey output in 2014

Hallam Train Station

All prices are exclusive of GST. All measurements are approximate.

Property Review | Spring 2015

25

For Lease

40-42 Westpool Drive, Hallam New, Big & Bold!

Located in Hallam industrial precinct, this property boasts great access to all major arterials via Princes Highway and the Monash Freeway.

Specifications Lease Size

$213,840 PA + O/Gs 2,673m2

• Clear-span warehouse and mezzanine of 2,428m² • Street facing, 2 storey offices of 245m² • 42 carparks and 4 RSDs

CONTACT Colin Tarlamis

0400 344 070

• Full length side driveway with canopy

Matt O’Dea

0448 566 556

• Secure yard, good truck access and space for turnarounds • Minimum warehouse clearance of 8.7m • Modern corporate entrance • Fully landscaped garden • Office fit out available

26

Auction

For Sale or Lease

2/11 KEPPEL DRIVE, HALLAM

109 ATLANTIC DRIVE, KEYSBOROUGH

SOL

D

YOU LITTLE RIPPER

WHEN PRESENTATION MATTERS!

• • • •

• • • • •

Includes neat office of 30m² Close to Hallam South Road Walking distance to Railway Station 4 onsite carparks

AUCTION: TERMS: SIZE: CONTACT:

ONSITE, WEDNESDAY 29TH JULY AT 1PM 10% DEPOSIT. BALANCE 30/60 DAYS 278m² MARK BOND 0419 386 882 DOUKAS GIGIS 0466 339 668

First class finishes Outstanding location just off Eastlink Single title freehold Security fencing Brand new - depreciation benefits may apply

SALE: LEASE: SIZE: CONTACT:

$1,500,000 $90,800 PA + O/Gs 908m² MATT O’DEA 0448 566 556 ADAM MARTIN 0409 357 352

For Lease 2/8 TECHNOLOGY CIRCUIT, HALLAM

A GRADE WAREHOUSE! • • • • • •

Brand new warehouse Dual level offices 7.5m warehouse clearance Excellent truck access 18 carparks onsite Located in the Hallam Central Business Park

LEASE: SIZE: CONTACT:

*

$5,895 PCM + O/Gs 832m² MATT O’DEA 0448 566 556 NICK JANIW 0424 237 456

All prices are exclusive of GST. All measurements are approximate.

Property Review | Spring 2015

27

For Lease 68 MELVERTON DRIVE, HALLAM

EXCELLENT FACTORY LOCATION IDEAL FOR MANUFACTURERS • • • • • • • •

Quality warehouse with street frontage Seconds from Princes Highway Minutes from Monash Freeway Easy truck access with large, street facing motorised RSD 2 level office with bonus mezzanine Split system air-conditioning Ample parking onsite Excellent value for money

LEASE: SIZE: CONTACT:

$4,875 PCM + O/Gs 900m² MARK BOND 0419 386 882 JET SALIU 0488 335 388

For Lease

For Lease

9/94 ABBOTT ROAD, HALLAM

1/59-61 FRANKSTON GARDENS DRIVE, CARRUM DOWNS

INSPECTION WILL PLEASE!

UPGRADE YOUR PROFILE

• • • • • •

• • • • • •

Located within the well known Hallam Business Park Includes ground floor office/reception area 1st floor air-conditioned offices totalling 50m² (approx) 257m² of warehouse space with mezzanine Onsite parking Enjoy a coffee at the onsite café!

LEASE: SIZE: CONTACT:

$30,125 PA + O/Gs 357m² GRAHAM ‘JOSH’ KENDALL 0418 322 443 MARK BOND 0419 386 882

A neat unit with a corporate image 130m² of air-conditioned office over 2 levels Ground level is perfect for reception, office or showroom 4 carparks available in this gated complex Warehouse with bonus mezzanine Close to major roads and Eastlink

LEASE: SIZE: CONTACT:

$26,250 PA + O/Gs 350m² GRAHAM ‘JOSH’ KENDALL 0418 322 443 NICK JANIW 0424 237 456

28

Ab

rive

Star Cresc

ent

s

Apollo D

Star Cre

2 industrial units 298m2 each Total land area of 1,216m2 Rare chance to purchase a pair of units on the 1 title Both tenants currently on month-to-month agreements Super location just off Hallam South Road Elevated position Plenty of parking onsite

AUCTION: LEASE: SIZE: CONTACT:

ad

David Le e

• • • • • • •

bott Ro

Rd

IT TAKES TWO, BABY!

Hallam South R oa

d

14-16 STAR CRESCENT, HALLAM

Prin c

Hallam Hotel

es H

Melvert on Drive

Decor D

riv e

Auction

For Lease

LOT 15 MORIALTA ROAD, CRANBOURNE WEST

10 GORDON STREET, CRANBOURNE

PERFECT PAIR!

BE YARDS AHEAD IN CRANBOURNE!

• • • • •

• • • • •

*

e l Driv

e Kepp

WEDNESDAY 2ND SEPTEMBER 2015 AT 2PM RETURNING $44,019 PA 596m² MARK BOND 0419 386 882 MATT O’DEA 0448 566 556

For Sale or Lease

Street frontage Fenced front carpark Air-conditioned offices Conveniently located in Evans Park Business Village Buy/Lease one or both!

SALE: LEASE: SIZE: CONTACT:

igh way

$430,650 - $449,550 $2,260 PCM + O/Gs - $2,360 PCM + O/Gs 319 - 333m² MATT O’DEA 0448 566 556 GRAHAM ‘JOSH’ KENDALL 0418 322 443

Office of 33m² and warehouse of 407m² Secure concrete paved yard of 333m² Includes 12 carparks Close to South Gippsland Highway Don’t miss this rare opportunity to secure a warehouse with a yard in Cranbourne!

LEASE: SIZE: CONTACT:

$31,000 PA + O/Gs 440m² MATT RICE 0419 871 240 DOUKAS GIGIS 0466 339 668

All prices are exclusive of GST. All measurements are approximate.

Property Review | Spring 2015

29

For Sale or Lease 3/7-8 LEN THOMAS PLACE, NARRE WARREN

FIRST CLASS COMPLEX • • • • • • • •

Opposite Fountain Gate in renowned estate Includes first level air-conditioned carpeted office Ground floor reception or display area Warehouse with 7m internal clearance Male and female amenities 5 allocated carparks Security gated complex A great environment for business

SALE: LEASE: SIZE: CONTACT:

$553,500 $31,365 PA + O/Gs 369m² GRAHAM ‘JOSH’ KENDALL 0418 322 443 COLIN TARLAMIS 0400 344 070

For Lease

For Lease

6/19-21 SHARNET CIRCUIT, PAKENHAM

1/1 LEN THOMAS PLACE, NARRE WARREN

A RIPPER LITTLE WAREHOUSE

CENTRAL NARRE WARREN

• • • • •

• • • •

Good secure access and amenities Located on popular Sharnet Circuit Central carpark Affordable rental Available now

LEASE: SIZE: CONTACT:

$16,000 PA + O/Gs 170m² MATT RICE 0419 871 240 NICK JANIW 0424 237 456

Quality factory unit opposite Fountain Gate Shopping Centre Includes air-conditioned office and showroom (100m² approx) Direct RSD access from the street Corner location with 5 carparks onsite

LEASE: SIZE: CONTACT:

$26,235 PA + O/Gs 318m² GRAHAM ‘JOSH’ KENDALL 0418 322 443 NICK JANIW 0424 237 456

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For Lease 18-26 BATE CLOSE, PAKENHAM

STYLISH WAREHOUSES, FREEWAY EXPOSURE • • • • • • • • •

Units 3, 4, 5 and 8 available now!

Each warehouse has excellent access Pakenham Bypass exposure Ample parking (up to 6 per unit) Ideal for loading and unloading containers High clearance of over 7m Industrial 1 zoning Join Bursons, Bolts Galore and Davey Marine An inspection will impress

LEASE: SIZE: CONTACT:

$30,940 - $31,500 PA + O/Gs 442 - 450m² MATT RICE 0419 871 240 ADAM MARTIN 0409 357 352

For Sale 23-25 SHARNET CIRCUIT, PAKENHAM

12 OF THE BEST IN PAKENHAM • • • • • • •

Completion proposed for October 2015 Great access off Sharnet Circuit Spacious central carpark Ideal for owner occupation or investment A proven popular industrial precinct of Pakenham Call now to secure your ideal position Now is the time to buy one of these warehouses!

FOR SALE 12 of the best in Pakenham

44 SALE: SIZE: CONTACT:

*

$190,400 - $236,175 140 - 201m² MATT RICE 0419 871 240 ADAM MARTIN 0409 357 352

All prices are exclusive of GST. All measurements are approximate.

Property Review | Spring 2015

55

33

66

77

88

99

10 10

22

11 11

11

12 12

23 -25 Sharnet Circuit Pakenham, VIC 3810

31

For Lease

Unit B

1 VENTURE WAY, PAKENHAM

BRILLIANT ACCESS! • • • • • •

Choose 1 of 3 Wide street frontage Secured front carpark Air-conditioned offices Ideal position just off the freeway Value rental

LEASE: SIZE: CONTACT:

Unit C

$3,225 PCM + O/Gs - $3,468 PCM + O/Gs 516m² - 555m² MATT O’DEA 0448 566 556 ADAM MARTIN 0409 357 352

Unit D

Staff Profile An Italian ex-pat, Vittorio (or Vit to his friends) has been working in real estate for the last 14 years. He began in residential development and then moved into commercial real estate in Milan.

In Australia he has had a similar work path, starting out in residential real estate. Vittorio now manages his own portfolio of commercial clients and has been part of the Facey Portfolio Management team for the last 12 months.

Q. I wish I was better at..

Speaking English! I still have such a strong accent, and no matter what I do, I can t get rid of it!

Vittorio Galli Portfolio Management Q. What is the best part of your job?

The best thing about my job is the variety - it’s always busy and there are lots of different things happening all the time.

It seems as though no two days are the same! I also enjoy the ongoing client relationships that I’ve built - some of my clients have become my friends. Another great thing about my job is the team here, and especially my boss (Chad Kendall), he is an excellent leader.

Q. If you could give one tip, what would it be?

Be humble. And, treat everyone the same as how you would like to be treated.

Q. Do you have a secret talent?

Skiing and Snowboarding. I picked it up really easily without a great deal of training.

Q. What was the first album/CD that you purchased?

When I was 12 or 13, I bought a Jovanotti album. It’s Italian rap music! My taste has changed a little now - and so has that band, they don’t do rap music any more.

Q. What are your interests outside of work?

I love sport - soccer, tennis, basketball, running, snowboarding and motocross to name a few.

Q. What was the last concert you went to?

I can’t remember the last concert I went to, but I do remember taking my little brother to his first concert when I was 19 and he was 13 in Italy. We went to the Red Hot Chilli Peppers.

It was such a memorable experience because it was such a big crowd and my brother somehow lost one of his shoes! We never found it again .... !

Q. One thing I love that everyone else dislikes is ...

An Italian dish called ‘Carpaccio’ the meat in it is raw, and everyone hates it but me.

32

For Lease 354 MAIN STREET, MORNINGTON

OPERATE HERE! Recently refurbished purpose built medical facility in tightly held medical precinct.

• • • • • •

6 consulting rooms 10 onsite carparks Permit for 4 practitioners Located between Bay Hospital & Beluera Private Large reception and waiting room Includes plant room and staff room

LEASE: SIZE: CONTACT:

$90,000 PA + O/Gs 258m2 ADAM MARTIN 0409 357 352 GRAHAM ‘JOSH’ KENDALL 0418 322 443

Investment Sales 418 PRINCES HIGHWAY, NARRE WARREN

INVESTMENT IN THE HEART OF NARRE WARREN! Located at the intersection of Princes Highway and Webb Street, this collective of offices have proudly been managed by Facey for over two decades. The properties have a strong rental history and have been able to entice long term occupants with their charming layout.

5-7/418 Princes Highway, Narre Warren • Secure lease to Echo Australia Inc. • Lease runs to June 2018 • Returning $64,020 PA + O/Gs • Allocated parking and visitor parking 8-9/418 Princes Highway, Narre Warren • Secure lease to 2 tenants • Lease runs until June 2018 • Returning $58,624 PA + O/Gs • Allocated parking and visitor parking SALE: SIZE: CONTACT:

*

$902,000 - $985,000 171m² - 237m2 MARK BOND 0419 386 882 ADAM MARTIN 0409 357 352

All prices are exclusive of GST. All measurements are approximate.

Property Review | Spring 2015

33

For Sale 12/131-147 WALKER ST, DANDENONG

DANDENONG CBD INVESTMENT NEW 5 YEAR LEASE! Park your funds here and receive circa 7% net on your investment.

Better than money in the bank!

• • • • • • •

New 5 year lease plus options Rental $120,000 PA + O/Gs Annual CPI reviews Existing tenancy since June 2010 Director guarantees 37 onsite carparks, including 6 on title Prime central Dandenong location

SALE: SIZE: CONTACT:

$1,750,000 622m² IAN KILGOUR 0416 012 727 COLIN TARLAMIS 0400 344 070

For Lease

For Lease

2/11 JOHN STREET, PAKENHAM

3/11 GLOUCESTER AVENUE, BERWICK

AN EXCELLENT PAKENHAM OFFICE

TOP SHELF OFFICE WITH FIT OUT!

• • • • •

• • • • •

First floor office fronting John Street First floor secure carpark Opposite Pakenham Marketplace Recently refurbished including some fitout Ducted heating and cooling

LEASE: SIZE: CONTACT:

$24,700 PA + O/Gs 95m² MATT RICE 0419 871 240 JET SALIU 0488 335 388

Berwick Village’s finest Open plan with plenty of natural light Only office with lock up carpark at rear of site Air-conditioned, carpeted and ready to occupy A great place to come to work

LEASE: SIZE: CONTACT:

$5,750 PCM + O/Gs 230m2 MARK BOND 0419 386 882 MATT O’DEA 0448 566 556

34

The trusted team in Property Management Facey Industrial Commercial

Did you know that Facey Industrial Commercial have a full service Property Management team available to help you with all aspects of your investment property?

Having a portfolio of investments is ideal for your future, but who manages the day-to-day requirements of your properties and their tenants?

Chad Kendall is our Head of Property Services and has a thorough understanding of all aspects of Property Management. Chad, together with his team of Portfolio Managers are your trusted agents when it comes to your property portfolio.

Facey Property Management will manage your property as if it is their own, ensuring that all the appropriate care and respect is taken by the tenants, so you can continue to maximise the value of your investment.

We currently administer over 1,300 properties ranging from commercial investments, large and small industrial warehouses/factories and neighbourhood shopping centres. Our Portfolio Managers are client focused and our streamlined approach means you will have one point of contact for all your property queries, whether you have one investment or several.

Property Review | Spring 2015

Incoming and outgoing property finance management Property condition reporting/annual inspections Administration of maintenance services Essential Safety Measure checks Lease renewal negotiation

Contact us today on 9793 4455 to make managing your investments easier. faceyindustrial.com.au/property-management

Facey Industrial Commercial 6 Clow Street Dandenong Victoria 3175

T 9793 4455 F 9791 3648

Disclaimer: Whilst every care has been taken in respect of the information contained herein, no warranty is given as to its accuracy, and prospective purchasers/tenants should make their own enquiries to satisfy themselves of all aspects of the contents. Prices may be subject to change without further notification. All measurements are approximate. All prices are GST exclusive.