ray white caloundra commercial edition 4

Commercial Caloundra

Commercial CaloundraEdition 4 - 2012

Investor Confidence ReturnsWith the State Government and Local Council elections behind us and with the prediction of continued retreating interest rates, Len and Alan have negotiated a wave of investor driven sales.

The majority of these recent transactions have been “off market”, working with their ever growing data base of buyers to source properties that meet very exacting criteria.

The consensus from research with these investors is that the time is indeed right to enter the market or add property to existing portfolios.

Current market conditions ensure a win for both sellers and buyers - all the more reason to act now.

Ray White’s Commercial property management portfolio continues to grow. Ray White is the only agency in Caloundra with two dedicated commercial property managers, ensuring that there is an immediate response to any issue raised from either an owner or tenant. With a target of 200 managed commercial properties by 2013, Jacki and Karen are well on the way to achieving this targeted projection.

Not only has there been a busy period of negotiating sales and leasing transactions but there has also been a flurry of exciting new listings entering the market.

Len and Alan have been

appointed by the mortgagee exercising power of sale to market 345 Pierce Avenue, Bells Creek, Caloundra.

This property adjoins the Sunshine Coast Industrial Park and has current DA approval to subdivide into 19 industrial allotments ranging in size from 1,256m² to 3,481m².

Another exciting new listing is ‘Palmyra on Primary’ at 43 Primary School Court, Maroochydore.

This as new three level building is a mix of commercial and residential and is available to purchase in one-line or each floor individually.

Below are some of Len and Alan's most recent sale highlights: 1 Baldwin Street, Caloundra - Under Contract - List Price $850,000.

This property currently tenanted by a National electrical company is under contract to a local investor. The site adjoins the Golden Beach Tavern which is undergoing a major renovation.

'The 'new look' Golden Beach Tavern has evolved and will feature a 250 seat Bistro with new menu, a huge outdoor timber deck area, two new child friendly areas, a state of the art gaming room and sports bar.

The soon to be named 'Bruce McLachlan Sports Bar' will have one of the biggest 'Big' screens on the Coast to show a range of sports and all live racing.

The Len Greedy and Alan Gray Team

1 Baldwin Street, Caloundra.

Golden Beach Tavern - Artist Impression.

7/38 Bulcock Beach Esplanade, Caloundra.

UNDER CONTRACT

UNDER CONTRACT


More Investor Driven Results7/38 Bulcock Beach Esplanade, Caloundra Under Contract - List Price $750,000The words location, location have never rung truer as it took just one inspection from this astute investor before entering into a contract. This waterfront strata titled tenancy, currently operating as a popular fish and chip takeaway attracted enormous interest in its first week on the market, not just because of its premium location but also the 8% return on offer. The purchaser is a Sunshine Coast local who was attracted to Caloundra because of its future growth potential and was a Superannuation Fund investment. (Pictured on page 1).

2 Ormuz Avenue SOLD - List Price $450,000As agents, it is our role to consistently look outside the square. This obscure triangular block adjoining the Strand Cinema Complex in Caloundra has for many years been used as a free parking lot for the adjoining businesses. We have successfully negotiated the sale of this vacant block to a local builder and he will transform the site into a modern, boutique office complex comprising ground floor parking and first level office space ideally suited to Solicitors, Accountants and other like minded professionals. Caloundra is starved of A-Grade office space and we are proactive in working with developers to cater for this very real need.

3 Ormuz Avenue and 16,18 and 20 Kalinga Street, Caloundra Under Contract - List Price $3mThis amalgamation of four lots covering 2,428m2 of land area is in close proximity to the Council Chambers and has been sourced by a Melbourne based developer. The proposed development will also create a first class office block facility. There is an existing DA in place with approval for office, medical, retail and two levels of basement car parking which may be modified to accommodate the nominated tenant.

19 Bronwyn Street, Caloundra West Under Contract - List Price $850,000This site comprises two industrial sheds with a combined building area of 617m2 plus a mezzanine of 160m2. A local investor recognised the properties close proximity to Caloundra Road, the quality of the tenant and the fact that today’s town plan does not permit this high percentage of building coverage.

SOLD

2 Ormuz Avenue, Caloundra

Under Contract

3 Ormuz Avenue, 16, 18 & 20 Kalinga Street, Caloundra

Under Contract

19 Bronwyn Street, Caloundra West

Commercial Property Management We believe in creating wealth for our clients.Tap into the commercial property management strength of the Ray White Group and benefit from unrivalled market intelligence that will help maximise returns on your investment property.

Contact Karen and Jacki for all your Commercial Property Management needsKaren Lomax Jacki Greenland Direct 5491 0951 Direct 5491 0902 [email protected] [email protected]

Premium PropertiesDiverse Investment Opportunity Commercial and Residential Mix

9 Blackall Street, WoombyeInvestors looking for a secure mix should look no further – situated in Woombye’s main street this property comprises a Laundromat, Café and rear office area along with two modern ground floor residential units.

All tenancies are modern, fully leased and the ownership of the Laundromat is part of the package. That’s right; the new owner has the option of capitalising on the Laundromats easy self-operation and consistent profit or consider selling the business while maintaining the rental income.

Both townhouses are very modern and feature polished timber floors, stone finishes to the bench tops, two bedrooms, one bathroom and off street parking. Currently unit 1 is let for $330/pw and unit 2 for $320/pw.

Five tenancies ensure security in today’s market. The current owner who developed the site has changed circumstances and is selling. Priced to sell today.

Mixed Use A-Grade Development 8% Yield - Investors Take Note43 Primary School Court, Maroochydore‘Palmyra on Primary’ at 43 Primary School Court is a mixed use development situated in the hub of Maroochydore’s CBD. The property is available for purchase in one-line or each floor separately.

This as new three level building has A-grade quality finishes throughout and comprises seven commercial tenancies occupied by Lifeline on the ground floor as well as one tenancy on level 2, Turner Freeman Lawyers and FPQ also on level 2 and level 3 is occupied by Coastal Business Insurance, Ambrose Building and comprises two residential units.

It is situated on a 1,219m² block of land that backs onto Maroochydore Road, has a gross floor area of 1,563m² and is fully leased. There are 42 basement car parking spaces as well as 6 on the ground level, ducted air conditioning throughout and the building is serviced by a lift.

This is the opportunity for the astute investor or self funded superannuant to acquire a prime piece of Sunshine Coast commercial real estate.

Asking $980,000

Len Greedy 0401 691 807 [email protected] Alan Gray 0414 894 084 [email protected]

Asking $6.1 million in one-line - Ground floor asking $1.85 millionLen Greedy 0401 691 807 [email protected] Alan Gray 0414 894 084 [email protected]



Freehold & Business OpportunitiesBed & Breakfast Live And Work The Dream58 Maple Street, Maleny ‘Maleny Lodge Guest House’This is a golden opportunity to purchase this unique and historical property along with the business component.

This iconic, heritage home known as The Maleny Lodge Guest House is set at the front of a large 2,582sqm allotment and has been operating as a Bed and Breakfast for over 60 years.

The property has been improved over many years and comprises 7 guest rooms each with their own bathroom, manager’s accommodation, detached office, detached summer house utilised for massages and a double carport.

There is also a large verandah along the front of the house, open log fire place, inground swimming pool, a spring fed well and small creek in a rainforest setting.

Consistent occupancy rates along with Maleny Lodge’s authentic ambience of a bygone era have ensured its longevity as a Guest House and Bed and Breakfast.

Four High Occupancy Self Storage Facilities5 Lynne Street, Caloundra West; 51 William Street, Moffat Beach; 23 Allen Street, Moffat Beach and 128 Grigor Street, Moffat BeachFour well established self storage facilities, located on the fringe of Caloundra CBD are for sale in one-line or offers to purchase individually will be considered.

Purchasing these properties in one line would deliver the buyer a substantial share of the self storage market at the southern end of the Sunshine Coast.

High occupancy is the key to a successful facility of this type, closely followed up by the need for low levels of management overheads.

Each of the properties are low maintenance and collectively managed by one part time person.

Joint exclusive listing with CBRE Sunshine Coast.

Asking $1.395 million - Freehold & BusinessLen Greedy 0401 691 807 [email protected] Alan Gray 0414 894 084 [email protected]

All offers to purchase in one-line or individually will be consideredLen Greedy 0401 691 807 [email protected] Alan Gray 0414 894 084 [email protected]

Caloundra Lot 82/30 Minchinton Street

Freehold Investment in Caloundra• Located below Centrepoint Apartments

• Divided into two tenancies totalling 136m²

• Fully leased to established local businesses with strong income

• Reserved on-site car parking, walk to Bulcock Street

Asking $550,000

Alan Gray 0414 894 084 [email protected]

raywhite.com/736393Sale

For Sale


Caloundra Lot 101/ 111 Bulcock Street

Freehold Café/ Restaurant Investment• High profile freehold property situated on a prominent corner location

• 148m² total area inclusive of the elevated outdoor dining area

• Occupied by Stacks Pancake Bar on a new 3 year lease with options

• Lease at $35,000 pa plus Outgoings and GST

Asking $440,000

Len Greedy 0401 691 807 [email protected]

Sale raywhite.com/640969

Coolum Beach 3/7 Beach Road

Gem in Coolum - Investor or Owner Occupy• Freehold property, ideal for professional office or retail

• Ducted air conditioning, modern interior and street exposure

• 78m² open plan with rear staff area

• Situated below a popular resort complex

Asking $445,000 plus GST if applicable



Moffat Beach 48 Allen Street

Industrial with Hardstand and Office Space • 706m² block located in the Moffat Beach Industrial Estate

• Building area of 216m² with room to extend the rear of the building

• 3 phase power and electric roller door, front concrete hardstand area

• Air conditioned office space, alarm system

Asking $465,000 plus GST if applicable



Caloundra 5A & 5B/38 Bulcock Beach Esplanade

Esplanade Investment Property• Freehold property directly across from Bulcock Beach boardwalk

• Two tenancies leased as café (43m²) and jewellery shop (29m²)

• Achieving $42,805 net per annum

• Being offered for sale in-one line at an 8% yield approximately

Asking $550,000


Saleraywhite.com/

794108

For Sale


Currimundi 698 Nicklin Way

8% Investor Yield - 3 Tenancies One Title• Blue chip investment property located on busy Nicklin Way

• Three fully leased tenancies with national tenant in place

• Total building area of 241m² on a 546m² block of land

• Strong income, rear car parking

Asking $1.33 million



Moffat Beach 61 George Street

Vacant Possession Industrial• Zoning for industrial light/medium, suitable for a range of business use

• 701m² block with 555m² approximate building area

• Air conditioned office space and mezzanine level

• 6m high front sliding door for easy access

Asking For Offers


Sale

Elimbah 1 Rutters Road

The Pines Pet Resort - Boarding Kennels• Freehold and business component, large and loyal client base

• Boarding kennels, 2 catteries, secure exercise yards, reception and office

• A/C 3 brm residence with 2 bedroom granny flat, pool and 4 car garage

• 10,500m² land area, family or manager run business, potential for expansion

Asking $1.95 million (Freehold and Business)Len Greedy 0401 691 807 [email protected]


Caloundra 23 Bulcock Street

Bulcock Street Freehold Investment

• Prime Bulcock Street property with good tenants in place

• Comprising Priceline and a Real Estate Agency on the ground floor and office space upstairs with fit out - Total building area of 996m²

• Professional commercial building in the heart of Caloundra’s CBD

Asking For Offers


Sale

Caloundra West 21 Daniel Street

Industrial Options

• Split into two tenancies, one being leased to a national tenant and the other vacant ready for an owner operator or for an investor to lease up

• 900m² corner block of land, 190m² and 170m² building areas

• Located behind the Holden dealership ensuring high volumes of traffic

Price by Negotiation



raywhite.com/683790


For Lease


Caloundra 2/8 Otranto Avenue• Ground Floor in Caloundra’s CBD

• 95m², fit out with office & boardroom

• A/C, undercover car parking at rear

$400 per week plus Outgoings and GST

Lease

Caloundra 4 Otranto Avenue• Modern, 221m² Office Building

• 506m² land area, ducted a/c, rear parking

• Offices, 2 open work areas, meeting room

$68,000 pa plus Outgoings and GST

Lease

Caloundra 4/14 Bowman Road• Approved for Medical or Office

• 80m², a/c, consultant rooms and offices

• Rear car parking, corner location


Lease

Caloundra 3/18 Mayes Avenue• Medical/ Consultant Tenancy

• ‘Apollo Medical Centre’ - 142m² ducted a/c

• Reception and waiting, 5 consultant rooms


Lease

Caloundra West 25 Caloundra Rd• Expose Your Business!

• Located on main thoroughfare, 2,139m²

• Ex car yard, on-site office building


Lease

Caloundra 1/24 Bulcock Street• Retail/ Office in Centre of Town

• 152m², a/c, staff room and storage

• Open plan, great owner incentives!


Lease

Caloundra 2/30 Minchinton Street• Café / Restaurant / Bar

• Fully equipped, comes with liquor license

• 84m², internal and external dining, parking

$3,300 per month + GST (inc. Outgoings)

Lease

Little Mountain 2/6 Sydal Street• Industrial Shed, Convenient Location

• 190m², warehouse and a/c office area

• Two roller doors, good accessibility


Lease

Maroochydore 35 Dalton Drive• Professional CBD Office

• Impressive office building, 500m² tenancy

• Full fit out with offices, boardroom etc.

$1,730 per week plus Outgoings and GST

Lease

Caloundra 17 Wyreema Terrace• Professional, Freestanding Office

• 329m², two levels of fully fitted out office

• Offices, boardroom, on-site parking


Lease

Mooloolaba 1/20 Walan Street• Modern Office Tenancy

• 99m², ducted a/c, exposure to main road

• Professional, undercover on-site parking


Lease

Moffat Beach 45 Roderick Street• Busy Main Street Exposure

• Professional / retail use, 58m², parking

• Modern with a/c, alarm system


Lease

Feature Property

The Len Greedy & Alan Gray TeamThe team that continues to deliver on promises,

exceed expectations and achieve results

Specialising in: Sales | Leasing | Property Management

Office Retail Industrial and Development



Karen Lomax 0402 104 674 [email protected]

Jenna Hamilton 5491 4600 [email protected]

Jacki Greenland 0401 557 757 [email protected]

1/110 Bulcock Street (PO Box 220) Caloundra, Qld 4551Ph: 07 5491 4600 Fax: 07 5491 4655www.raywhitecommercialcaloundra.com.au

Ray White Commercial Caloundra has been appointed exclusive marketing agents on behalf of the Mortgagee for the sale of 345 Pierce Avenue, Bells Creek.

The 16 hectare (approx) site has DA approval to subdivide into 19 industrial allotments on the 5.2 hectares (approx) deemed usable.

Access to each lot will be via a new road as per the development application which will also connect 345 Pierce Avenue to the adjoining site, the Sunshine Coast Industrial

Park which is a State Government initiative to cater for the growing Sunshine Coast region.

The property is situated approximately 10 minutes from Caloundra’s CBD and 5 minutes from the Bruce Highway with easy access via Racecourse Road.

With national property developer Stockland owning substantial land areas to the South and East of 345 Pierce Avenue, this area is predicted to be a major region for Sunshine Coast population growth over the next decade.

Summary of Features

• DA approved

• Subdivide into 19 allotments

• Adjacent to the Sunshine Coast Industrial Park

Expressions of Interest Closing Wednesday, 11 July 2012 at 4pm

Contact marketing agents



DA Approved Industrial LandMortgagee Exercising Power of Sale345 Pierce Avenue, Bells Creek 4551

Outline Indicative Only.

ray white caloundra commercial edition 4

Documents

local investor

new look golden beach

new menu

commercial properties

astute investor

mix of commercial

current market conditions

contract list price