INFORMATION MEMORANDUM Redevelopment 19 & 19A Roderick Street, Moffat Beach by jpg Design & Print

INFORMATION MEMORANDUM Proposed Residential and Commercial (mixed use) Redevelopment 19 & 19A Roderick Street, Moffat Beach

PREPARED BY Code Property Group Unit 4, 9 Capital Place Birtinya QLD 4575 www.codepg.com.au

Ben Wilson, Sales Manager at CODE PROPERTY GROUP has been engaged to represent the owner with properties located on at 19 and 19a Roderick Street MOFFAT BEACH, to facilitate a sale combining these Thank youasfor opportunitysite discuss how I may be able to assist in theplanning sales properties a the development in keeping with current council process. When selling a home or investment property, there are 4 key matters requirements for the area. for consideration: The method sale The offering is anof810mÂ˛ (approx.) parcel of land located in the Local CentreThe Zone withinand thepricing Caloundra Local Area Plan, and is only minutes marketing strategy walk to the popular Moffat Beach beachside cafĂŠ precinct in Seaview Choosing the right agent for you Terrace. Agent responsibilities and owner statutory obligations

TheThis owners arewill wanting sell one line. proposal addresstothe keyinpoints and answer any questions you may have about the sales process. Our aim is to ensure you select a sales

CODE PROPERTY presents this for your method that bestGROUP suits you, your home andopportunity your time frame. Our extensive consideration. experience, knowledge of the market and unrivalled marketing and negotiation skills all enable us to find the right buyer for you and the best possible price.

For further enquiries, please contact: We stand proudly beside our service driven brand with the aim of making sure the Bensale Wilson of your home is an easy and memorable experience and we look forward to you m: 0407 584us378 appointing as your agent of choice. e: ben.wilson@codepg.com Warm regards,

proudly presented by

BEN WILSON

BEN WILSON 0407 584 378 sales and ben.wilson@codepg.com.au

marketing manager

CONNECT 0407 584 378 ben.wilson@codepg.com.au codepg.com.au

TABLE OF CONTENTS 1.0 Executive Summary

Appendix 1 - Floorplan

2.0 Location Details

Appendix 2 - Property Reports

2.1 Location Map

Appendix 3 - Title Search

3.0 Property Details

4.0 The Opportunity

5.0 Method of Sale

Appendix 4 - Site Reports Location Map 12 Contour Map 12 Water & Sewer Infrastructure 13 Growth Management 14 Local Plan Area 14 Zones 15 Priority Infrastructure Plan 15 Height of Buildings and Structures 16 Appendix 5 - Proposed Light Rail 17

Appendix 6 - Location Ariel View

Appendix 7 - Lease Summary

Disclaimer

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1.0 EXECUTIVE SUMMARY

Brief Description: 810m² — 2 titles (405m² each block approx.) Individually owned with a commercial building built across both titles. The building is currently tenanted—refer to appendix 7 for lease summary.

Property Address: 19 and 19a Roderick Street Moffat Beach QLD 4551

Zoning: Local Centre Zone

Property Description: Lot 91 RP8340 Lot 92 RP8430

Local Authority: Sunshine Coast Regional Council.

Land Area: 810m² approx.

Features: • Located in highly sought after suburb of Moffat Beach • Close proximity to Café precinct • Close proximity to surf beaches • Close proximity to Caloundra CBD • Situated within the Local Centre Zone • Medium density residential and commercial land use entitlements

Current Use: Commercial

Method of Sale: Private Treaty

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2.0 LOCATION DETAILS

Moffat Beach, Caloundra, is a thriving suburb at the southern end of the Sunshine Coast, Queensland. A notable feature of Moffatt Beach is the mix of community services and housing that drives the demand for this beachside suburb. Protected from the prevailing breezes by Moffat Headland, the beautiful swimming beach has a protected inlet. For surfers, Moffat Beach offers a perfect point break, which happens to be the home of Australia’s longest running surf competition; The Ma and Pa Bendall Classic. You can watch surfers ride along the right-handed waves out at sea, while the kids munch on hot chips in the oceanfront playground, set off along the spectacular coastal walk that leads from Moffat Beach right around to Kings Beach and Bulcock Beach. For adrenalin junkies there are plenty of activities to choose from, including jet skiing, skydiving and kitesurfing Visitor accommodation can be found in Moffat Beach, especially self-contained apartments opposite the beach and holiday houses. The Sunshine Coast’s popularity continues to grow as increasing numbers of people are seeking access to facilities and locations close to the beach—lifestyle is driving the demand for low maintenance, easy care property, yet still within reasonable proximity of larger centres. As work/life balance is the ‘buzz phrase’ of the new millennium there is a trend back towards ‘lifestyle’ properties that provide their owners with the opportunity to live in one of the most in-demand locations on the Sunshine Coast. Moffat Beach offers this good old-fashioned idyllic Beachside lifestyle; yet serviced by numerous facilities and amenities including major regional shopping centres, well renowned public and private schools. This, along with new infrastructure being developed to accommodate the new University Public and Private Hospitals means access to and from the region is forever improving in order to accommodate the future growth of the region. This includes the upgrade to the Sunshine Coast Airport which will see international flights to the area in 2020. Brisbane CBD and International Airport is an easy 1 hour drive South and major Sunshine Coast Centres and beaches are on your doorstep. These lots form part of the Caloundra Local Plan Area and fall into the Local Centre Zone offering a range of redevelopment opportunities. 2

2.1 LOCATION MAP

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3.0 PROPERTY DETAILS

5.1 Site Information

The subject site includes 2 properties each with separate titles, comprising a total of 810m² (approx.) Both properties front onto Roderick Street Street

Locality

Legal Description

Area

Postcode

19 RODERICK ST 19a RODERICK ST

Current Land Use

Zoning

MOFFAT BEACH

L91 RP8430

405

4551

SINGLE UNIT LOCAL CENTRE DWELLING ZONE

MOFFAT BEACH

L92 RP8430

405

4551

SINGLE UNIT LOCAL CENTRE DWELLING ZONE

The existing Roderick Street residence comprises a traditional beach shack with renovations to accommodate the current business operating from the premises. See Appendix 1 for floorplan. For Noting: the current tenant has made modification to the building to accommodate their business, a ‘make good’ is required on vacate. A summary of the property within the overall site is in Appendix 2.

4.0 THE OPPORTUNITY The opportunity exists to purchase the site, fully tenanted to land bank or redevelop in the future. Under the following Planning Scheme provisions, the amalgamation of the lots allows for a range of redevelopment opportunities:

• Local Centre Zone; • Caloundra Local Area Plan; and • Max 8.5m height limit.

The Zoning provides for a range of medium density and commercial land uses which are ‘code assessable’, subject to planning scheme provisions. See below the multi-unit res code, business use and centre design code and Caloundra Local Area Code:

• Caloundra Local Area Plan https://d1j8a4bqwzee3.cloudfront.net/~/media/Corporate/Documents/Planning/ Planning%20scheme%20text/Part7/Part%207%20Section%207_2_6.pdf?la=en

• Business Use and Centre Design Code https://d1j8a4bqwzee3.cloudfront.net/~/media/Corporate/Documents/Planning/ Planning%20scheme%20text/Part9/Part%209%20Section%209_3_1.pdf?la=en

• Multi-unit Res Code https://d1j8a4bqwzee3.cloudfront.net/~/media/Corporate/Documents/Planning/ Planning%20scheme%20text/Part9/Part%209%20Section%209_3_11.pdf?la=en

The development outcome will need to be determined based on a design which addresses all of the site specific planning requirements. We also recommend the potential buyer discuss any development proposal with Council. Please refer to the Annexures for supporting Council Information.

5.0 METHOD OF SALE

Private Treaty

Mr Ben Wilson CODE Property Group m: 0407 584 378 Or via email: e: ben.wilson@codepg.com

APPENDIX 1 FLOOR PLAN

APPENDIX 2 PROPERTY

REPORTS

19 RODERICK ST, MOFFAT BEACH, QLD 4551

Property Details Property Type:

House - Freehold [Issuing]

RPD:

L91 RP8430

405 m² (32 m²)

Valuation Amount: $320,000 - Site Value on 30/06/2018

Property Details

Area:

Valuation Amount: $305,000 - Site Value on 30/06/2016 Property House - UNIT Freehold [Issuing] Land Use:Type: SINGLE DWELLING

Area $/m2:

RPD: Zoning Valuation Amount: Council:

Property ID: Area: Ref: UBD

632407 / QLD40850022 405 m² (32 m²)M10 UBD Ref: 100

Area $/m2:

$371 ($9,375)

Water/Sewerage:

L91 RP8430 Centre $320,000 Site Value on 30/06/2018 SUNSHINE- COAST (CALOUNDRA)

Valuation Amount: $305,000 - Site Value on 30/06/2016 Features: Land Use: SINGLE UNIT DWELLING

Water/Sewerage:

Zoning Council:

Property ID: UBD Ref:

Centre SUNSHINE COAST (CALOUNDRA)

Sales History

Features: Sale Amount: Sale Date:

632407 / QLD40850022 UBD Ref: 100 M10

Area:

Sale Type:

$ 300,000

30/11/2014 COHOL SUPERANNUATION PTY LTD; GUSNED PTY

405 m²

Part Sale

Yes

$ 605,000

04/12/2007 HINDLEY; T HINDLEY PTY LTD

405 m²

Normal Sale

$ 401,500 Sale Amount: $ 230,000 $ 300,000

19/09/2006 Sale Date: 16/08/2000 30/11/2014

809 m² Area: 809 m² 405 m²

Part Sale Sale Type: Normal Sale Part Sale

No Related: No Yes

$ 605,000

04/12/2007 HINDLEY; T HINDLEY PTY LTD

405 m²

Normal Sale

$ 401,500

19/09/2006 HASSALL; HASSALL; HINDLEY

809 m²

Part Sale

$ 230,000

16/08/2000 GIERKE; GIERKE

809 m²

Normal Sale

Sales History

Vendor:

$371 ($9,375)

HASSALL; HASSALL; HINDLEY Vendor: GIERKE; GIERKE COHOL SUPERANNUATION PTY LTD; GUSNED PTY

Prepared on 01/03/2019 by Ben Wilson, 0407 584 378 at Code Property Group. © Property Data Solutions Pty Ltd 2019 (pricefinder.com.au) The materials are provided as an information source only. © The State of Queensland (Dept. of Environment and Resource Management) March/2019. Based on data provided with the permission of the Dept. of Environment and Resource Management: (QVAS) March/2019. The Dept. of Environment and Resource Management makes no representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

APPENDIX 2 PROPERTY

REPORTS

19A RODERICK ST, MOFFAT BEACH, QLD 4551 Owner Details

Owner Name(s): COHOL SUPERANNUATION PTY LTD (TTE)BEACH, QLD 4551 19 RODERICK ST, MOFFAT Owner Address:

12 LATONA AVE, CALOUNDRA QLD 4551

Phone(s):

Owner Type:

Property Details Property Type:

House - Freehold [Issuing]

RPD:

L92 RP8430

Owner Occupied

Valuation Amount: $320,000 - Site Value on 30/06/2018

Area:

405 m²

Valuation Amount: $305,000 - Site Value on 30/06/2016 Land Use: SINGLE UNIT DWELLING

Area $/m2:

$1,481

Water/Sewerage:

Zoning Council:

Property ID: UBD Ref:

Centre SUNSHINE COAST (CALOUNDRA)

9260870 / QLD40850021 UBD Ref: 100 M10

Features:

Sales History Sale Amount: Sale Date:

Area:

Sale Type:

$ 600,000

30/11/2014 COHOL INVESTMENTS PTY LTD; NEDGUS PTY LTD

Vendor:

405 m²

Normal Sale

Yes

$ 605,000

04/12/2007 HINDLEY; T HINDLEY PTY LTD

405 m²

Normal Sale

$ 401,500

19/09/2006 HELEN & DAVID HASSALL; TIMOTHY HINDLEY

809 m²

Part Sale

$ 230,000

16/08/2000 FREDRICK WILLIAM & TERESA GIERKE

809 m²

Normal Sale

Property Details

19A RODERICK ST, MOFFAT BEACH, QLD 4551 Property Type: House - Freehold [Issuing] RPD:

L91 RP8430

Owner Details

Valuation Amount: $320,000 - Site Value on 30/06/2018

Area:

405 m² (32 m²)

Valuation Amount: COHOL $305,000 - Site Value on 30/06/2016 Owner Name(s): SUPERANNUATION PTY LTD (TTE) Land Use: SINGLE UNIT DWELLING Owner Address: 12 LATONA AVE, CALOUNDRA QLD 4551

Area $/m2:

$371 ($9,375)

Water/Sewerage:

Zoning Phone(s): Council:

Property ID: Owner Type: UBD Ref:

Centre SUNSHINE COAST (CALOUNDRA)

Property Details

Features:

Property Type:

House - Freehold [Issuing]

RPD:

L92 RP8430

Sales History

Area:

632407Occupied / QLD40850022 Owner UBD Ref: 100 M10

405 m²

Valuation Amount: $320,000 - Site Value on 30/06/2018 Sale Amount: Sale$305,000 Date: Vendor: Valuation Amount: - Site Value on 30/06/2016

Area:

$ 300,000 Land Use:

30/11/2014 COHOL SUPERANNUATION PTY LTD; GUSNED PTY SINGLE UNIT DWELLING

405 m²

$ 605,000 Zoning Council: $ 401,500

04/12/2007 Centre HINDLEY; T HINDLEY PTY LTD

405 m²

19/09/2006 HASSALL; HASSALL; HINDLEY SUNSHINE COAST (CALOUNDRA)

809 m²

Features: $ 230,000

16/08/2000 GIERKE; GIERKE

809 m²

Normal Sale

Area:

Sale Type:

405 m²

Normal Sale

Yes

Sale Type: Area $/m2: Part Sale Water/Sewerage:

$1,481

Related: Yes

Normal Property ID: Sale 9260870 / No QLD40850021 UBD Part Ref: Sale UBD Ref: 100 No M10

Sales History Sale Amount: Sale Date: $ 600,000

Vendor:

30/11/2014 COHOL INVESTMENTS PTY LTD; NEDGUS PTY LTD

Prepared on 01/03/2019 by Ben Wilson, 0407 584 378 at Code Property Group. © Property Data Solutions Pty Ltd 2019 (pricefinder.com.au)

605,000 04/12/2007 HINDLEY; LTD (Dept. of Environment and Resource 405 m² NormalBased Saleon data provided with No the permission of The$materials are provided as an information source only.T ©HINDLEY The State ofPTY Queensland Management) March/2019. the Dept. of Environment and Resource Management: (QVAS) March/2019. The Dept. of Environment and Resource Management makes no representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular disclaims all responsibilityHINDLEY and all liability (including without limitation, liability in negligence) for all expenses,No losses, damages $ 401,500 19/09/2006 HELEN & purpose DAVIDand HASSALL; TIMOTHY 809 m² Part Sale (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. $ 230,000

16/08/2000 FREDRICK WILLIAM & TERESA GIERKE

809 m²

Normal Sale

APPENDIX 3 TITLE SEARCH CURRENT TITLE SEARCH

NATURAL RESOURCES, MINES AND ENERGY, QUEENSLAND Request No: 30673500 Search Date: 26/02/2019 11:43 Title Reference: NATURAL RESOURCES, MINES AND ENERGY, QUEENSLAND Date Created: Request No: 30673500 Search Date: 26/02/2019 Title Reference: Previous Title: 1235411511:43 Date Created:

CURRENT TITLE SEARCH

50698358 17/12/2007 50698358 17/12/2007

REGISTERED OWNER Previous Title: 12354115 Dealing No: 716351009 REGISTERED OWNER

06/03/2015

COHOL SUPERANNUATION PTY LTD A.C.N. 100 888 597 Dealing No: 716351009 06/03/2015 TRUSTEE UNDER INSTRUMENT 716351009 COHOL SUPERANNUATION PTY LTD A.C.N. 100 888 597 TRUSTEE ESTATE AND LAND UNDER INSTRUMENT 716351009 Estate in Fee Simple ESTATE AND LAND LOT 91 REGISTERED PLAN 8430 Estate in Fee Simple Local Government: SUNSHINE COAST LOT 91 REGISTERED PLAN EASEMENTS, ENCUMBRANCES AND 8430 INTERESTS Local Government: SUNSHINE COAST 1. Rights and interests reserved to the Crown by EASEMENTS, ENCUMBRANCES AND INTERESTS Deed of Grant No. 10431125 (POR 13A) 1. Rights and interests ADMINISTRATIVE ADVICES - NIL reserved to the Crown by Deed of Grant No. 10431125 (POR 13A) UNREGISTERED DEALINGS - NIL ADMINISTRATIVE ADVICES - NIL UNREGISTERED DEALINGS - NIL- No CERTIFICATE OF TITLE ISSUED ** End of Current Title Search ** CERTIFICATE OF TITLE ISSUED - No COPYRIGHT THE STATE OF QUEENSLAND (NATURAL RESOURCES, MINES AND ENERGY) [2019] ** End of Current Title Search ** Requested By: D-ENQ CREDIT WORKS AUSTRALIA COPYRIGHT THE STATE OF QUEENSLAND (NATURAL RESOURCES, MINES AND ENERGY) [2019] Requested By: D-ENQ CREDIT WORKS AUSTRALIA

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APPENDIX 3 TITLE SEARCH CURRENT TITLE SEARCH

NATURAL RESOURCES, MINES AND ENERGY, QUEENSLAND Request No: 30673518 Search Date: 26/02/2019 11:44 Title Reference: 50698359 Date Created: 17/12/2007 Previous Title: 12354115 REGISTERED OWNER Dealing No: 716351019

06/03/2015

COHOL SUPERANNUATION PTY LTD A.C.N. 100 888 597 TRUSTEE UNDER INSTRUMENT 716351019 ESTATE AND LAND Estate in Fee Simple LOT 92

REGISTERED PLAN 8430 Local Government: SUNSHINE COAST

EASEMENTS, ENCUMBRANCES AND INTERESTS 1. Rights and interests reserved to the Crown by Deed of Grant No. 10431125 (POR 13A) ADMINISTRATIVE ADVICES - NIL UNREGISTERED DEALINGS - NIL CERTIFICATE OF TITLE ISSUED - No ** End of Current Title Search ** COPYRIGHT THE STATE OF QUEENSLAND (NATURAL RESOURCES, MINES AND ENERGY) [2019] Requested By: D-ENQ CREDIT WORKS AUSTRALIA

Page 1/1

APPENDIX 4 SITE REPORTS

Location Map

Contour Map

APPENDIX 4 SITE REPORTS

Water & Sewer Infrastructure Map

APPENDIX 4 SITE REPORTS

Growth Management

Local Plan Area

APPENDIX 4 SITE REPORTS

Zones

Priority Infrastructure Plan 15

APPENDIX 4 SITE REPORTS

Height of Buildings and Structures

APPENDIX 5 PROPOSED L I G H T R A I L

APPENDIX 6 L O C A T I O N AERIAL VIEW

APPENDIX 7 L E A S E S U M M A R Y DOCUMENTS SUPPLIED ON REQUEST • Landlords details Cohol Superannuation Pty Ltd A.C.N. 100 888 597 Trustee Under Instrument 716351009 & 716351019 • Tenants details Hair Imaging Pty Ltd A.C.N. 612 961 985 As Trustee • Lease Summary $3,750 + GST per month ($4,125 incl GST per Mth) in place to 30/06/2019 $3,825 + GST per month ($4,207 incl GST per Mth) in place from 01/07/2019 to 30/6/2020 Option - 2x2yrs • Outgoings summary Rates are $4,323.80 per annum (approx.) – across both titles. Water rates : $2,309.16 per annum (approx.) – paid by tenant. Insurance : $2,450per annum Each site does have its own separate title.

DISCLAIMER This property report has been prepared by CODE

• CODE PROPERTY GROUP, any of their respective

PROPERTY GROUP. This report is based on historical

employees and any person purporting to act on behalf of

records of the property. This report does not constitute

them, accept no personal liability to any interested party

an offer or contract of sale or any part of an offer of

whatsoever in relation to any aspects of the operation

contract of sale. It is intended only as a guide and an

and sale of the property; and

aid to further investigation by potential purchasers.

• no claim or demand will be made against CODE

Potential purchasers accept this report on the condition

PROPERTY GROUP, any of their respective employees or

that they will make their own enquiries and obtain their

any person purporting to act on behalf of them, for any

own independent advice in order to verify the accuracy of

liability whatsoever for or in relation to any aspect of

information presented in this report.

this report and the sale of the property.

Interested parties acknowledge that: • they do not rely on any statement, representation, warranty, condition or other conduct which may have

• subject to any law to the contrary, all terms, conditions, warranties and statements, whether express, implied, written, oral, collateral, statutory or otherwise, relating to this report and the sale of the property are excluded

been made by CODE PROPERTY GROUP, any agents or

and CODE PROPERTY GROUP, any of their respective

consultants of CODE PROPERTY GROUP, any of their

employees and any person purporting to act on behalf

respective employees or any person purporting to act on

of them, disclaim all liability in relation to the maximum

behalf of them; and

extent permitted by law.

• no representation is given by CODE PROPERTY GROUP,

• This report is for the sole use of persons directly

any of their respective employees and any person

provided with it by CODE PROPERTY GROUP and is

purporting to act on behalf of them, about the accuracy

not to be re supplied to any other person without the

of any information in this report or the property and they

prior written consent CODE PROPERTY GROUP. Use by,

do not express an opinion on the financial data relating

or reliance upon this report by any other person is not

to the properties (whether in this report or not) and no

authorised and CODE PROPERTY GROUP, any of their

warranty or representation of accuracy or reliability is

respective employees or any person purporting to act on

given; and

behalf of them, are not liable for any loss or damage of any kind whatsoever arising from such unauthorised use

• the property is sold in an “as is/where is” condition (that is, in its present condition and subject to all legal and physical defects). Interested parties must satisfy

or reliance. Important

themselves about the property by doing their own

Prospective purchasers conduct due diligence

inspections, surveys, verifications, tests and searches;

investigations of the property strictly at their own expense

and

and risk, and the vendor will have no liability in relation to such expenses. Consent by the vendor to conduct,

• if an offer to buy the property is made, that person will

by any potential purchaser, due diligence activities or

be taken to have made their own enquiries about the

investigation will not in any circumstance be construed

property and not to have relied on any information in

as a representation that the vendor will be exercising

this report or any other representations made by CODE

or refraining from exercising its rights to deal with the

PROPERTY GROUP, any of their respective employees and

property or any representations that the vendor intends to

any person purporting to act on behalf of them; and

contract with that buyer, or at all.

YOUR AGENT

BEN WILSON sales and marketing manager Manager of the high performing sales division, Ben still actively sells property due At Code Property Group, to the high demand of repeat our people are our brand. owners who know and love his Our culture is created philosophy of “people above simply from a united team all else”. A dedicated family and their passion for man, Ben has the enviable delivering the ultimate reputation of being the most customer down toexperience. earth agentWe on the engage in the relentless coast. pursuit of ever changing customer satisfaction and enable our team with the tools and freedom to excel.

“We are here to help OUR PEOPLE people achieve their OUR realPASSION estate goals YOUR BRAND whether it be an investment or a new home.” BEN WILSON 07 5438 0407 5843444 378 codepg.com.au ben.wilson@codepg.com.au codepg.com.au