The Len Greedy and Alan Gray Team
Commercial Caloundra Edition 5 - 2012
New face
The Year That Was...
Ray White Commercial Caloundra welcomes a new member to the team, Peter Capps.
In a challenging local market Ray White Commercial Caloundra emerged a clear winner, dominating sales and leasing transactions. The multi-million dollars worth of sales contracts were the direct result from the continued dedication, client service and hard yards put in by the entire team.
trend in the last quarter with a range of buyers entering the market place looking for opportunities. These same buyers, both owner operators and investors have monitored the market over a period of time and are now motivated to take action.
Working closely with property owners that were willing to meet the market and matching those properties to our extensive data base of active buyers was both exacting and rewarding.
Why? - the general consensus is that if we are not at the bottom of the market we are not far off it. Commercial interest rates are at more affordable levels than they have been for years and self funded superannuants feel more secure with commercial property returns of 8-9% than investing in the share market or depositing cash in term deposits.
Peter Capps
Peter is currently studying Property Economics and Development at the University of the Sunshine Coast and will be working part-time with the Ray White Team to gain first hand knowledge of the commercial industry. Peter will experience the day to day operations of a commercial agent. This includes meeting with clients, helping to build specific databases and the legal processes involved with contracts, appointment forms and other documents. Len and Alan are committed to putting something back into the commercial industry as it has been very rewarding to them over many, many years. They have actioned a plan to bring through a number of trainees over the next three years so that the dominant brand of Ray White Commercial Caloundra continues into the future.
Meet Peter Capps
Buyers wish they had a crystal ball to predict cycles as to when the property market bottoms out and also when to lock in interest rates before they begin their inevitable climb skyward. No crystal ball, but there has been a
We are confident that this trend will continue throughout 2013.
The Power of Marketing Len and Alan recently auctioned an industrial property in Little Mountain after the owners had agreed to invest in a 4 week marketing program. This incorporated advertising in the print media along with promoting the property on four internet sites. The property attracted strong interest with the break down of enquiry being 18 parties from the internet, 15 parties from print media and 8 from the onsite signage. Of this enquiry, 6 parties confirmed ongoing interest. The property was sold in the week leading up to auction on a cash unconditional basis under instruction from the very satisfied vendors. This was evidence that a balanced marketing campaign is very effective as we had enquiry from regional mining centres, interstate, Brisbane and locally.
SOLD
Commercial Caloundra
Draft Planning Scheme Released Sunshine Coast Council’s Draft Planning Scheme 2012 is now on public display. The Sunshine Coast Council has been developing a new planning scheme for the Sunshine Coast, which will replace the three existing planning schemes - The Caloundra City Plan 2004, the Maroochy Plan 2000 and the Noosa Plan 2006. The draft planning scheme has also made a number of changes in property zonings, density provisions, building heights, minimum lot sizes, assessment levels for development and general development requirements. The Sunshine Coast is one of the most desirable places in the world - but it is no longer just our secret. Managing future growth will be a challenge in the years ahead and the Draft Sunshine Coast Planning Scheme 2012 will help ensure our region can support growth while remaining a great place to live, work and play. The new planning scheme will help council manage land use and development across the region in a sustainable way. It will create a diverse economy that encourages investment and jobs. It will help preserve and enrich our unique towns while also preparing for growth in new communities, and protecting our natural environment. Our communities have helped develop the foundations of the Sunshine Coast’s first regional planning scheme. A wide range of strategies are now in place to manage our waterways, prepare for climate change, protect our environment, create a diverse economy and ensure that our communities remain vibrant. Ray White Commercial Caloundra have an understanding of the Draft Sunshine Coast Planning Scheme, contact the team at anytime to discuss how these changes may affect your commercial property.
Some key points of the draft planning scheme:
Building Heights To protect the predominantly low rise character and amenity of the Sunshine Coast, the draft planning scheme has generally retained the maximum height requirements of buildings and structures across the region.
Protecting the Environment Bushland, beaches and waterways will be protected. The plan includes overlays that identify areas sensitive to the effects of development, and code provisions that protect these areas including significant vegetation and areas subject to flood or landslide.
Encouraging investment and employment The draft planning scheme identifies a network of centres and enterprise areas throughout the region, encouraging employment in industries such as retail, tourism, aviation, education and manufacturing. Key locations include Maroochydore, University of the Sunshine Coast, Sunshine Coast University Hospital, Sunshine Coast Airport and the Sunshine Coast Industry Park.
Staying unique The draft planning scheme recognises the Sunshine Coast as a 'community of communities' and is tailored to keep these diverse communities unique. The draft planning scheme provides 36 local plans with specific details and requirements to help protect the individuality and identity of our communities. Source: Sunshine Coast Council
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 needs Karen Lomax Jacki Greenland Direct 5491 0951 Direct 5491 0902 karen.lomax@raywhite.com jacki.greenland@raywhite.com
Commercial Caloundra
Premium Properties Solid Entry Level Investment Motivated Vendors Are Selling! 2a Ormuz Avenue, Caloundra This freehold investment opportunity comprising 5 tenancies on one title is ideally located in close proximity to Caloundra Village Shopping Centre, Australia Post, IGA Food Store and Caloundra’s main business strip, Bulcock Street. A rare offering in this location, the property is being offered for sale for the first time in 15 years and is an ideal investment for self funded superannuants or first time investors. • 389sqm land area • Long term secure tenants • Rear lane access and tenant parking • Local zoning: Caloundra Regional Business Centre (2130) • General zoning: Commercial
Expressions of Interest - All genuine offers will be considered Len Greedy 0401 691 807 len.greedy@raywhite.com Alan Gray 0414 894 084 alan.gray@raywhite.com
Two Strata Titled Units Selling In-One Line – Investment Opportunity 32 Allen Street, Moffat Beach Industrial complex comprising two modern high clearance industrial sheds being offered for sale in-one line. The properties are both leased by an established business operator but could readily revert to two individual tenants in the future. Ideally located in the Moffat Beach Industrial Precinct within close proximity to Caloundra’s CBD and a short drive to the Bruce Highway entrance. • Fully leased to one secure tenant • 1,052sqm land area • Total building area 554sqm (277sqm each) • Front hard stand and 10 car parks • 3 phase power, security fencing • Zoned low impact industry
Asking $1.175 million Alan Gray 0414 894 084 alan.gray@raywhite.com Len Greedy 0401 691 807 len.greedy@raywhite.com
Commercial Caloundra
Premium Properties Freehold Convenience Store Property - 8% Return! Lot 2/38 Bulcock Beach Esplanade, Caloundra Investor Alert - Convenience store tenancy situated below Breakfree Grand Pacific Resort and directly across from Bulcock Beach boardwalk with water views. With a constant traffic flow stopping in front of the shop, this well exposed site is an excellent opportunity. Motivated Vendor - Offered for sale at an 8% return. • 60sqm tenancy with glass shop front • Ducted air conditioning • Close proximity to Bulcock Street • Pedestrian crossing in front of tenancy • Built in cold room with four front facing doors • Good passing traffic from resort and boardwalk
$410,000 Len Greedy 0401 691 807 len.greedy@raywhite.com Alan Gray 0414 894 084 alan.gray@raywhite.com
Freehold Waterfront Restaurant Site - Investor Alert - 8% Return 89 Golden Beach Esplanade, Golden Beach The table is set for the astute commercial investor with this freehold restaurant site that enjoys an enviable position on the Golden Beach Esplanade and overlooks the pristine waters of the Pumicestone Passage.
T C A R ONT
The Moorings Café site located at 89 Golden Beach Esplanade presents an ideal opportunity for self funded superannuates to buy a boutique blue-chip commercial property located in one of the Sunshine Coasts growth corridors.
C R E UND
Occupied by a first class tenant on a long lease generating a solid holding income, the property comprises a total net lettable area of 157sqm made up of 65sqm internal area and 77sqm external dining area with seating for 54 patrons and 15sqm office. Features include a fully equipped commercial kitchen, large front counter area, two secure car parks and an air conditioned office/ storage area in the basement.
Asking $755,000 Len Greedy 0401 691 807 len.greedy@raywhite.com Alan Gray 0414 894 084 alan.gray@raywhite.com
Commercial Caloundra
For Sale Sale
Maroochydore 43 Primary School Crt Mixed Use A-Grade Office Building
raywhite.com/ 797923
• Available for purchase in-one line or each floor individually • Comprising 7 commercial tenancies and two residential units • Basement car parking, 1,219m² land area, gross floor area of 1,563m² • Fully leased with a current net annual income of $457,019 approximately
$6.1 million in-one line Alan Gray 0414 894 084 alan.gray@raywhite.com
Sale
Caloundra 22 Bulcock Street Bulcock Investment Property
raywhite.com/ 618935
• Freehold property situated on a 248m² block • Two tenancies, fully leased and adjoining national business operations • High exposure site, dual street access, on-site car parking at rear • Boutique blue chip buying in Bulcock Street
$1.1 million Len Greedy 0401 691 807 len.greedy@raywhite.com
Sale
Caloundra Lot 82/30 Minchinton Street Freehold Investment In Caloundra’s CBD
raywhite.com/ 736393
• Priced to sell - Owners want this one under contract ASAP! • Divided into two tenancies, fully leased, 136m² total area • Located below Centrepoint Apartments with two way access • 3 reserved car parks, solid income, sound investment
$550,000 Alan Gray 0414 894 084 alan.gray@raywhite.com
Sale
Maleny 58 Maple Street B&B Freehold & Business Component
raywhite.com/ 768854
• Unique and historical Guest House/Bed and Breakfast • Meticulously decorated, Maleny main road frontage, 2,582m² land area • 7 guest rooms with 6 en-suites, managers accom and commercial kitchen • Open fire place, swimming pool, detached office and summer house
$1.395 million Len Greedy 0401 691 807 len.greedy@raywhite.com
Sale
Woombye 9 Blackall Street Diverse Investment Opportunity
raywhite.com/ 766713
• I nvestors looking to secure a mixed use commercial property look no further •C omprising a Laundromat, Café, boutique commercial office along with two modern residential units - All fully leased with a good income stream • Laundromat business component also forms part of the sale
Asking $980,000 Alan Gray 0414 894 084 alan.gray@raywhite.com
Commercial Caloundra
For Sale Sale
Moffat Beach 48 Allen Street Reduced To Sell
raywhite.com/ 783117
• Owners have reduced the price for immediate sale • Great buying under $400,000 - Be quick • 706m² rectangle industrial block, fully fenced, 3 phase power • Open warehouse area with air conditioned office
Reduced to $399,000 plus GST Len Greedy 0401 691 807 len.greedy@raywhite.com
Sale
Moffat Beach 61 George Street Price Slashed - High Span Industrial Shed
raywhite.com/ 848899
• Freehold industrial property on 701m² land area • 555m² total building area plus 38m² mezzanine level • Two air conditioned offices, 3 phase power, 6m high front roller door • Great value in today’s market
Sale $645,000 plus GST Len Greedy 0401 691 807 len.greedy@raywhite.com
Sale
Caloundra West 21 Daniel Street National Tenant - Owner or Investor Options
raywhite.com/ 771449
• Divided into two tenancies on 900m² of land • Leased to Budget Car Rentals and the other is vacant possession • Prominent corner position, located behind a Holden dealership • Modern freehold commercial property
Sale by Negotiation Alan Gray 0414 894 084 alan.gray@raywhite.com
Sale
Caloundra West 28 Deefa Street Large Parcel of Industrial Property
raywhite.com/ 810281
• Two stand alone buildings on a level 4,888m² industrial block • 714m² and 984m² - total lettable area of 1,698m² • Shed 1 is leased to two tenants • 55 on-site car parks with redevelopment potential in the future
Sale by Negotiation Len Greedy 0401 691 807 len.greedy@raywhite.com
Sale/Lease
Caloundra West 9/11 Exeter Way New Industrial Unit Available
raywhite.com/ 863711
• Top quality industrial unit, on-site car parking • 181m² total area including mezzanine level and balcony • 3 phase power outlets, internal toilet facilities and kitchenette • Ideal opportunity for owner occupiers or investors
Sale $340,000 plus GST Lease Price on Application Alan Gray 0414 894 084 alan.gray@raywhite.com
Commercial Caloundra
For Lease Lease
Lease
Lease
Caloundra 3/118 Bulcock Street
Caloundra 7/95 Bulcock Street
Caloundra 17 Wyreema Terrace
• Spacious Ground Floor Office Space
• Prime 61m² Office - Ground Floor
• Free Standing Office Building
• 302m², multiple offices, board room
• Reception, two offices, ducted a/c
• 329m², two levels of fully fitted out office
• Ducted a/c, ample car parking
• Kitchenette, car parking, high exposure
• Offices, boardroom, on-site parking
$75,500 pa plus Outgoings and GST
$21,700 pa plus Outgoings and GST
$75,000 pa plus Outgoings and GST
Lease
Lease
Lease
Mooloolaba 3/101 Brisbane Rd
Caloundra 4 Otranto Avenue
Caloundra 12/67 Bulcock Street
• Central Location for your Business
• Free Standing Office Building
• Exceptional Location - Office Space
• 89m² retail or office, ex. Hair and beauty
• 221sqm with professional office fitout
• 100m², modern, a/c, professional fit out
• Front reception area, private rooms/offices
• Modern offices, ducted a/c, 8 car parks
• Price reduced - Act now
$22,500 pa plus Outgoings and GST
$68,000 pa plus Outgoings and GST
$15,900 pa plus Outgoings and GST
Lease
Lease
Lease
Currimundi 704 Nicklin Way
Mooloolaba 20 Walan Street
Moffat Beach 42 Ulm Street
• Profile Your Business
• 99m² ground floor & 91m² upstairs
• Refurbished Industrial Property
• High exposure 1,092m² display yard
• Professional fit outs, ducted a/c, ultra modern
• 322m² warehouse and 42m² office space
• 327m², showroom, office + residence
• Undercover on-site parking, maximum exposure
• NEW carpet, toilet and staff facilities
$84,000 pa plus Outgoings and GST
From $31,200 pa plus Outgoings and GST $36,400 pa plus Outgoings and GST
Lease
Lease
Lease
Caloundra West 1/10 Newing Way Little Mountain 1 & 2/6 Sydal St Little Mountain 7 Sydal Street • Front shed, great exposure for your business
• Lease One or Both
• Big 1,098m² shed, big value
• 110m² plus mezz, a/c offices, 3 phase power
• 91m² and 180m² approx., roller doors
• Warehouse, front office space, hardstand
• Network cabling and data, on-site parking
• Office area in one, separate toilet facilities
• 4,013m² land area, wash down area
$14,500 pa plus Outgoings and GST
$110 per sq metre plus Outgoings and GST
$144,000 pa plus Outgoings and GST
Commercial Caloundra
Sucess Stories... SOLD SOLD SOLD UNDER CONTRACT
UNDER CONTRACT
89 Golden Beach Espl, Golden Beach SOLD
698 Nicklin Way, Currimundi SOLD
4 Otranto Avenue, Caloundra
1 Rutters Road, Elimbah SOLD
UNDER CONTRACT
SOLD
345 Pierce Avenue, Bells Creek SOLD
19-21 Bronwyn Street, Caloundra West SOLD
SOLD
1 Baldwin Street, Caloundra
51 Roderick Street, Caloundra
SOLD
59 George Street, Moffat Beach
6 Sydal Street, Little Mountain
SOLD
2 Ormuz Avenue, Caloundra
18 Bowman Road, Caloundra
SOLD
SOLD
SOLD
SOLD
7/8 Exeter Way, Caloundra West
167 Grigor Street, Moffat Beach
110 Bulcock Street, Caloundra
1/15 Exeter Way, Caloundra West
SOLD
5/38 Bulcock Beach Esplanade, Caloundra
SOLD
SOLD
7/38 Bulcock Beach Esplanade, Caloundra
3/38 Bulcock Beach Esplanade, Caloundra
The Len Greedy & Alan Gray Team The team that continues to deliver on promises, exceed expectations and achieve results Specialising in: Sales | Leasing | Property Management Office Retail Industrial and Development Len Greedy 0401 691 807 len.greedy@raywhite.com Alan Gray 0414 894 084 alan.gray@raywhite.com 1/110 Bulcock Street (PO Box 220) Caloundra, Qld 4551 Ph: 07 5491 4600 Fax: 07 5491 4655 www.raywhitecommercialcaloundra.com.au
Karen Lomax 0402 104 674 karen.lomax@raywhite.com Jenna Hamilton 5491 4600 jenna.hamilton@raywhite.com Jacki Greenland 0401 557 757 jacki.greenland@raywhite.com