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Stage 1 60% Leased NOW LEASING At the centre of Australia’s Latest Boom Town

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Page 1: pimpama NOW LEASING At the centre of Australia’s Latest ... › ... › 2017 › 02 › ...Brochure.pdf · • Sunland Group is now developing The Heights (formally the Madison

Stage 1 60% Leased

PMS 1795C PMS 3005C

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NOW LEASING

At the centre of Australia’s Latest Boom Town

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“Gold Coast population to double to 1.2 million people by 2050 - and we’d better be ready”- BERNARD SALT

• Pimpama SA2 growth in 2015 38.8%

• Pimpama SA2 growth in 2016 55.8%

Major Developers Developing in Australia’s Latest Boom Town

Strategic planning by the City of Gold Coast shows that PIMPAMA shall play a major role in where the population will be accommodated.

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LEDA Mirvac Sunland Group QM Properties Halcyon

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MIRVAC | 2200 LOTS

HALCYON APDC HERITAGE PTY LTD

GAINSBOROUGH GREENS

| 500 LOTS

DEVINE | 200 LOTS

QM PROPERTIES | 500+ LOTS

AV JENNINGS | 1200 LOTS

LEDA | 1120 LOTS

53 KM TO COOLANGATTA AIRPORT

AVERAGE DAILY COMMUTERS ON M1 144,500 PER DAY

AVERAGE DAILY COMMUTERS ON TRAIN 26,000 PER DAY

59 KM TO BRISBANEAIRPORT

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PIMPAMA GROWTH STORY

20162016 20172017 20182018 20192019 20202020 20212021

Estimated HouseholdsEstimated Households

Estimated Resident PopulationEstimated Resident Population

27,55410,890

33,55012,545

37,83015,433

41,32017,705

44,63019,57847,25021,200

9,6404,19011,6405,132

12,9905,60914,0706,395

15,0007,250 15,7307,440

Main Trade AreaPrimary Trade Area

• Gainsborough Greens is currently being developed by Mirvac around an existing Golf Course. The development will include our estimated 2,200 dwellings housing our estimated 6,600 persons.

• Pacific Cove is being developed by QM Properties and fronts Cunningham Drive to the west of the site. The development will comprise our estimated 650 lots in addition to a number of medium density town houses.

• The Meadows is being developed by LEDA Holdings and is located to the south of Pimpama Central. Our estimated 1,260 lots are currently being developed across the 54 hectare development.

• LEDA Holdings are also developing Pimpama Village which is located to the north west of the site, adjacent to the Pacific Motorway. The development will comprise our estimated 389 lots which will also include our estimated 395 high density units.

• Sunland Group is now developing The Heights (formally the Madison Estate), which is located on the western side of the Pacific Highway. The estate will comprise of 1,066 residential lots.

Residential estates within the Main Trade Area include:

With a forecast annual population increase of 14.3% pa through to 2021, the Main Trade Area for PIMPAMA Central is one of the fastest growing regions in Queensland, if not Australia.

The dramatic growth in residential development and sales in the area is driven by the affordability of the region and its proximity to the multiple employment hubs of Brisbane, the Gold Coast and Yatala as well as convenient access to significant road and rail infrastructure.

The Main Trade Area population of 33,550 is projected to increase to 65,870 persons by 2026, equating to an average annual growth rate of 7,42% p.a.; significantly stronger than the South East Queensland average of 1.7% p.a.

Major residential estates currently under construction and underdeveloped land in the Primary Trade Area, have the potential to provide over 7,500 dwellings in the vicinity of Pimpama Central.

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500 Lots

2,200 Lots

650 Lots

434 Lots

200 Lots

1,120 Lots1,066 Lots

389 Lots

2,200 Lots

The site of the proposed commercial development is ideal, being at the geographical centre of PIMPAMA and its primary trade area. The majority of development activity is taking place east of the Pacific Highway –a situation that appears set to continue for the foreseeable future. Having no physical or perceived barriers, such as the highway, rail line or rivers between the PIMPAMA Central site and the main growth corridors, this development in conjunction with it’s surrounding retail precinct will provide a ‘hub’ location convenient to residents of this fast growing community.

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POPULATION GROWTHMain Trade Area

The development of PIMPAMA as a suburb has been phenomenal. Between 2015 and 2016 residential development experienced an annual growth rate of 55.8% with state government figures projecting a steady average growth of 14.3% per annum over the next 5 years.

By 2026 the projected population of PIMPAMA will be 25,030 residents, who will demand a range of services currently unavailable in the suburb’s main growth area east of the Pacific Motorway. The retail and service facilities proposed for the PIMPAMA Central site include a service station, a tavern, casual licensed dining, liquor barn and a range of fast food outlets .

2016 55.8% GROWTHstate forecast 14.3% annual growth for next 5 years

2011

14,417

2016

27,554

2021

47,250

63,870

2026 2031

85,150

0

20,000

40,000

60,000

80,000

100,000

Figures for the main trade area/secondary south trade area and secondary north trade areas combined.

PER ANNUM

PER ANNUM

PER ANNUM

55.8%38.8%

14.3% 1.7%

2017-20252015 2016

UNMATCHED GROWTH

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The Main Trade Area incorporating Coomera, Upper Coomera and Willowvale, is projected to grow by around 19,000 people between the present and 2021, representing around 3,500 new residents per annum. State government statistics show that more than 75% of the population of this area is under 45 years of age and 94.4% under the age of 65. The median age is 29.8 years - being 6.8 years younger than the Queensland average.

These demographics point to a young, working population, who would be expected to be time-poor households with a high incidence of young children. Such a community is typically highly mobile, commuting for employment and education purposes, who would demonstrate a strong demand for convenience retail, takeaway food, family dining, motor fuel and associated vehicle services. The primary trade area currently has an estimated $130 million p.a. in retail expenditure, which is forefast to increase to approximately $280 million by 2026.*

*Figures obtained from Urban Economics

RETAIL EXPENDITURE PROJECTED TO INCREASE BY OVER 215% BY 2021

$83,800

22.5%PIMPAMA POPULATIONAGED 0 - 14 YEARSCOMPARED TO

20.2% QLD STATE AVERAGE

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Pimpama Central Main Trade Area Update January 2017 FIGURE 1: Pimpama Central Main Trade Area

FIGURE 1: Pimpama Central Supermarket Catchment Area Major Retailers Network pimpama

central

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pimpamacentralStrategic location within

trade area

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The Yawalpah Centre

Pimpama Central Main Trade Area Update January 2017 FIGURE 1: Pimpama Central Main Trade Area

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Allied Health

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The Information Memorandum (document) has been prepared by Alchemy IP. This document does not constitute an offer to lease or a contract of sale or any part of an offer to lease or contract of sale. It is intended as a guide and an aid to further investigation by potential lessees and purchasers. Potential lessee’s and purchasers accept this document on the condition that they will make there own enquiries and obtain their own independent advice in order to verify the accuracy of the information presented in the document. The content of this document has been derived, in part, from sources other then Alchemy IP and may be based on assumptions. In passing this information on, Alchemy IP does not warrant that such information or assumptions are accurate or correct. To the extent that anywhere in this document that includes any statement as a future matter, that statement is provided as an estimate and/or opinion based upon information known to Alchemy IP at the date of preparing this document. Alchemy IP does not warrant that such statements are or will be accurate or correct. The visual images in the document, plans, photography, specifications and artist impressions are conceptual only. Appearance or layout of anything depicted may alter at any time. Any measurement noted is taken to be indicative and not to scale. All outlines on photographs are indicative only.

Development Summaries

PROJECT LAND AREA GFA STATUS1 Pimpama Junction 21,000m2 5,441m2 Existing2 Pimpama Child Care Centre Development 5,950m2 1,733m2 Development Approved3 Pimpama Synergy Development 5,000m2 approx 829m2 Development Application Lodged4 McDonalds Development 4,000m2 approx 555m2 Under Construction5 Pimpama Central 29,050m2 7,890m2 Stage 1 Approved, Stage 2 For Future Development6 Mirvac Site 10,965m2 2,350m2 Development Approved

TOTAL FOR YAWALPAH CENTRE LAND: 65,000m2 16,448m2

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For all expressions of interest, leasing and development enquiries please make contact with:

Joshua Hall 0450 291 851 | [email protected]

pimpamacentral.com

Developer/Leasing