REIV awards 2018 | 11 Levida Drive, Carrum Downs

REIV COMMERCIAL & INDUSTRIAL MARKETING AWARDS 2018 11 Levida Drive, Carrum Downs

CATEGORY Retail, best campaign under $10,000

REIV NUMBER 102290

PRINCIPAL Mark Bond

AWARD PERIOD 1 July 2017 - 30 June 2018

EST

1917 Trusted

FRANK FACEY REAL ESTATE ESTABLISHED

MARKET LEADER IN DANDENONG, BERWICK, NARRE WARREN AND PAKENHAM CORRIDOR.

1992 FACEY INDUSTRIAL COMMERCIAL WAS ESTABLISHED AS A SEPARATE ENTITY

Local

Experienced

Our clients come to us time and again, knowing that, with integrity, we will tailor a solution to their needs.

The presence of the Facey name in Dandenong since 1917 plus our extensive knowledge of the South East means we are on the ground using our contacts and local expertise to achieve an optimum result.

Our team of specialists’ combined years of experience allows our client to rest assured that they are in capable hands.

SOME OF OUR CLIENTS INCLUDE:

THIRD

A GENERATION FAMILY

1917 - 2017

AT FACEY INDUSTRIAL COMMERCIAL WE PRIDE OURSELVES ON BEING THE AUTHORITY ON INDUSTRIAL AND COMMERCIAL PROPERTY IN THE SOUTH EAST.

PROPERTY 11 Levida Drive, Carrum Downs

11 LEVIDA DRIVE, CARRUM DOWNS REIV AWARDS 2018 5

PROPERTY SNAPSHOT

ZONING Industrial 1

SECURE LEASE 7 x 5 x 5 x 5 year

ANNUAL REVIEWS CPI

INCOME $78,000 pa + GST & O/Gs

BUILDING AREA 303m2

PURPOSE BUILT RESTAURANT

11 LEVIDA DRIVE, CARRUM DOWNS

TENANT PROFILE

Open for breakfast and lunch Monday - Friday and dinner Friday nights, Shanikas is located in Carrum Downs’ busy industrial district.

REIV AWARDS 2018 6

With prompt cafe service for takeaway customers, dining room and outdoor alfresco, this modern Italian - Australian restaurant caters to every need.

Shanikas’ success is proven across three locations; Berwick, Pakenham and Carrum Downs. This local favourite also offers corporate catering, gift vouchers and a function space.

11 LEVIDA DRIVE, CARRUM DOWNS

REIV AWARDS 2018

7

11 LEVIDA DRIVE, CARRUM DOWNS

REIV AWARDS 2018

8

11 LEVIDA DRIVE, CARRUM DOWNS

REIV AWARDS 2018

9

CAMPAIGN 11 Levida Drive, Carrum Downs

11 LEVIDA DRIVE, CARRUM DOWNS REIV AWARDS 2018 11

SALE METHOD After careful evaluation of the property and consideration of the market, we believed that an

AUCTION was the best method to achieve the maximum sale price.

PRIVATE TREATY

AUCTION

EOI

PUBLIC TENDER

The agreement for the sale of a property at a price negotiated directly between the vendor and purchaser or their agents.

A public sale in which goods or property are sold to the highest bidder.

A multi-staged selling process.

An Expression of Interest is used to shortlist potential purchasers before seeking detailed bids from the shortlisted tenderers.

An open bidding process where the sealed bids are opened in public for scrutiny and are chosen on the basis of price and quality.

11 LEVIDA DRIVE, CARRUM DOWNS

MARKETING PACKAGE

$500.00 $710.00 $895.00

$240.00 $780.00 $150.00 $150.00

WE RECOMMENDED THE FOLLOWING PACKAGE TO MARKET THE PROPERTY AND DELIVER THE BEST RESULTS. REIV AWARDS 2018 12

$300.00

$350.00

$150.00

$150.00

Client Invoiced $4,375 + GST

11 LEVIDA DRIVE, CARRUM DOWNS

eDM TO TARGETED DATABASE

iPad

SPEND $150.00

VIEWS OPENS

1,672 (31.16%)

REIV AWARDS 2018 13

8:35 PM

RECIPIENTS 5,315

11 LEVIDA DRIVE, CARRUM DOWNS

VIDEO

CLICK THE SCREEN TO WATCH THE VIDEO

SPEND $350.00

VIEWS YOUTUBE

389

REIV AWARDS 2018 14

Image is a representation only

COMMERCIALVIEW REIV AWARDS 2018 15

VIEWS

1,391 SPEND $500.00

Image is a representation only

8:35 PM iPad

8:35 PM iPad

iPad

8:35 PM

11 LEVIDA DRIVE, CARRUM DOWNS

ONLINE ADVERTISING

REALCOMMERCIAL

COMMERCIALREALESTATE

VIEWS

ENQUIRIES

VIEWS

ENQUIRIES

2,422

26

175

5

SPEND $710.00

SPEND $895.00

11 LEVIDA DRIVE, CARRUM DOWNS

PRINT ADVERTISING SPEND $780.00

THE AGE SECTION

Commercial Real Estate

9793 4455 | faceyindustrial.com.au EXPRESSION OF INTEREST

AUCTION

1

2

AUCTION

AUCTION

3

AD SIZE

T21 Full Colour REIV AWARDS 2018 16

INSERTION DATES

Saturday 18th November

Image is a representation only

15 Langmore Lane, Berwick

Units 1, 2 & 3 / 5 Berends Drive, Dandenong South

5 Network Drive, Carrum Downs

11 Levida Drive, Carrum Downs

Positioned for success - 5 year lease

1, 2, 3.... buy me!

Great way to Network

Shanikas Carrum Downs

• Income of $156,773 pa with 4% annual reviews • 14 car parks on site • 890m2 corner site Building area 413 m² Income $156,773 pa Zoning Commercial 1 Auction Wednesday 6th December, 11am on site Terms 10% deposit, balance 60/90 days

• 3 office/warehouses on one title • Invest now and start occupying in 2018 • Projected return circa $173,000 pa** Building area 2,657m² Land area 3,917m² Zoning Industrial 2 EOI Closing Thursday 7th December, 4pm 6 Clow Street, Dandenong

• 8 year secure investment • Returning $140, 000 pa • Modern building with 10T crane Building area 1,722m² Land area 2,401m² Zoning Industrial 1 Auction Thursday 7th December, 12 noon on site

• Secure 7 x 5 x 5 x 5 year lease • Popular local restaurant tenant • Great corner position off Lathams Road Building area 303m² Income $78,000 pa Zoning Industrial 1 Auction Tuesday 12th December, 2pm on site Terms 10% deposit, balance 60 days

Mark Bond 0419 386 882 Colin Tarlamis 0400 344 070

Mark Bond 0419 386 882 Richard O’Callaghan 0418 338 746

**Assuming an average rate of $65 per m² pa nett

Matt O’Dea 0448 566 556

Simon Wellock 0404 131 080

Matt Rice 0419 871 240 Richard O’Callaghan 0418 338 746 *All figures are exclusive of GST & O/Gs. All sizes are approximate.

11 LEVIDA DRIVE, CARRUM DOWNS

SOCIAL MEDIA SPEND $240.00

FACEBOOK ADVERTISING CAMPAIGN ON FACEBOOK, INSTAGRAM AND LINKEDIN TARGETED AT AN INVESTOR AUDIENCE.

REACH

7,205 IMPRESSIONS

15,778 REIV AWARDS 2018 17

CLICKS

35

Image is a representation only

11 LEVIDA DRIVE, CARRUM DOWNS

PRINT COLLATERAL & SIGNAGE

TANGIBLE PRINT COLLATERAL PROVIDING INFORMATION AND VISUAL IMPACT.

SHANIKAS CARRUM DOWNS

INFORMATION MEMORANDUM

01 AUCTION

BUILDING AREA

303m2

Shanikas Carrum Downs A renowned restaurant for great food and excellent service. The Group commenced operations at this purpose built restaurant in 2012 and sold the business to the current tenant in January 2017. There is a 7 x 5 x 5 x 5 year lease with CPI annual reviews and the security deposit consists of approximately 3 months’ rent plus GST ($21,450).

ZONING

Industrial 1

The purpose-built restaurant is beautifully appointed and includes a spacious alfresco dining area.

INCOME

$78,000 pa nett

11 Levida Drive, Carrum Downs

AUCTION

Located on the busy corner of Levida Drive and Yazaki Way, this property includes modern landscaping and a secure car park for patrons.

A great restaurant in an excellent corner location in Carrum Downs.

03

EXECUTIVE SUMMARY

REIV AWARDS 2018

Tuesday 12th December, 2pm on site Terms: 10% deposit, balance 60 days

excellent service. The Group commenced operations at this purpose built restaurant in 2012 and sold the business to the current tenant in January 2017. There is a 7 x 5 x 5 x 5 year lease with CPI annual reviews and the security deposit consists of approximately 3 months’ rent plus GST ($21,450).

LOCATION OVERVIEW

A great restaurant in an excellent corner location in Carrum Downs. Don’t miss your opportunity to secure rental income with this outstanding business to 2024 and possibly beyond!

• Secure 7 x 5 x 5 x 5 year lease • Quality purpose built restaurant

Matt Rice 0419 871 240

Richard O’Callaghan 0418 338 746

mattrice@faceyindustrial.com.au

roc@faceyindustrial.com.au

Disclaimer All prices are GST Exclusive. All areas are approximate. Prospective Purchasers/Tenants should make their own enquiries to satisfy themselves of all aspects. This property report has been prepared by Facey Kendall O’Dea Pty Ltd – ACN: 053 469 757, trading as Facey Industrial Commercial solely for the information of potential purchasers/tenants to assist them in deciding whether they are sufficiently interested in the properties. The information does not constitute all or any part of an offer or Contract of Sale/Lease, and is intended as a guide only. The information contained in the report has been prepared in good faith by Facey Industrial Commercial and includes information provided by other sources. Facey Industrial Commercial advise that they have not checked or verified and make no representation of their accuracy.

LOCATION OVERVIEW

Bordered by Frankston - Dandenong Road, Peninsula Link and Eastlink.

The purpose-built restaurant is beautifully 303m² appointed and includes a spacious alfresco BUILDING AREA area. Located Bordered by Frankston -dining Dandenong Road, on the busy corner of 9793 4455 | faceyindustrial.com.au Levida Drive and Yazaki Way, this property Peninsula Link and Eastlink.

4 includes modern landscaping and a secure car park for patrons.

Auction

3

• Popular local restaurant tenant

6 Clow Street, Dandenong VIC 3175 9793 4455 faceyindustrial.com.au

Shanikas Carrum Downs A renowned restaurant for great food and

Don’t miss your opportunity to secure rental income with this outstanding business to 2024 and possibly beyond!

AUCTION

18

11 Levida Drive, Carrum Downs

1

METHOD OF SALE

2 Tuesday 12th December, 2pm on site Terms: 10% deposit, balance 60 days

3

AUCTION

INFORMATION MEMORANDUM

1 Frankston - Dandenong road

500m

2 Carrum Downs Shopping Centre 1.6km 3 Peninsula Link

1.9km

4 Eastlink

2.2km

13

INFORMATION MEMORANDUM

BROCHURE

INFORMATION MEMORANDUM

SPEND $150.00

SPEND $150.00

Image is a representation only

ON SITE BOARD SPEND $300.00

RESULTS 11 Levida Drive, Carrum Downs

11 LEVIDA DRIVE, CARRUM DOWNS REIV AWARDS 2018 20

CAMPAIGN SUMMARY iPad

An iconic restaurant in the heart of Carrum Downs, the property was offered for sale by way of Public Auction. The campaign attracted approximately 130 enquires with 12 Contract of Sale & Vendor Statements requested. The auction was well attended with a crowd circa 30 and another 15 watching via live stream. After some initial bidding from 4 different parties the property was passed in and via private treaty.

WE WERE PROUD TO SEE THE SALE GO TO AN ASTUTE HOSPITALITY INVESTOR, SOMEONE WHO UNDERSTANDS THE INDUSTRY AND CAN ADD VALUE FOR THE TENANT, ASSURING THEIR FUTURE SUCCESS.

8:35 PM

11 LEVIDA DRIVE, CARRUM DOWNS

THE RESULT

ADDRESS

AUCTION DATE SALE DATE SALE PRICE CAMPAIGN RESULT AGENTS

REIV AWARDS 2018 21

11 Levida Drive, Carrum Downs Tuesday 12th December, 2pm on site 30th January 2018

$1,310,000 An investor conversant with hospitality was the eventual buyer at $1,310,000 post Auction at a yield of 6.1%.

Matt Rice Richard O’Callaghan

ENQUIRIES

YIELD

ONLINE AD VIEWS

239

6.1%

3,988

11 LEVIDA DRIVE, CARRUM DOWNS REIV AWARDS 2018 22

CAMPAIGN TEAM

Matt Rice

Richard O’Callaghan

Partner 0419 871 240 mattrice@faceyindustrial.com.au

Non-Executive Director 0418 338 746 roc@faceyindustrial.com.au

Thank you for your consideration Facey Industrial Commercial continues to stay ahead of the sales game, evolving our campaigns so our clients’ get the most value for their asset by reaching the right audience. Video and social media advertising are now an essential part of each campaign and we have started to implement live streaming to our auctions, using multi-media to engage with an increasingly online market.

6 Clow Street Dandenong VIC 3175 9701 4455 faceyindustrial.com.au Disclaimer All prices are GST Exclusive. All areas are approximate. Prospective Purchasers/Tenants should make their own enquiries to satisfy themselves of all aspects.

This property report has been prepared by Facey Kendall O’Dea Pty Ltd – ACN: 053 469 757, trading as Facey Industrial Commercial solely for the information of potential purchasers/tenants to assist them in deciding whether they are sufficiently interested in the properties. The information does not constitute all or any part of an offer or Contract of Sale/Lease, and is intended as a guide only.

The information contained in the report has been prepared in good faith by Facey Industrial Commercial and includes information provided by other sources. Facey Industrial Commercial advise that they have not checked or verified and make no representation of their accuracy.