Commercial Real Estate Matters
COMMERCIAL CONFIDENCE IS ON THE RISE If you take a look around the coast at the moment you will see quite a few cranes scattered across a number of building sites. It wasn’t that long ago that there wasn’t any. You might be wondering what role cranes play in terms of commercial confidence. The answer is simple. Cranes mean building, development and growth and with that comes consumer confidence about the future. For the Sunshine Coast the reemergence of cranes started with the new hospital and, whilst it was the only major construction on the horizon for some time, we are now seeing other projects rising out of the ground with some of our best known local developers showing the way. Companies such as Aria, Evans Long, RGD Group, Reed Property Group, Walter Iezzi Property Group and Pratt Property are all demonstrating their belief in the area by pushing forward with developments. However, it’s important to note that it is not just during the construction phase that we see an economic return to the region. CEO of the Sunshine Coast Hospital and Health Service, Kevin Hegarty,
MICHAEL SHADFORTH Ray White Commercial North Coast Central
For the Sunshine Coast the re-emergence of cranes started with the new hospital and, whilst it was the only major construction on the horizon for some time, we are now seeing other projects rising out of the ground recently made a point about the new hospital that really hit home with me. He noted that up until this point we have been focussing on the construction of the hospital. He went on to say that the construction period is really only a short lived phase necessary for the creation of the project. Studies have shown that the real return to a region will be after the project is completed –and will last for decades. This is wonderful news for our great region as there are certainly exciting times ahead.
ABOUT THE AUTHOR Michael Shadforth, Managing Director of Ray White Commercial North Coast Central, has a proven history in sales, leasing, commercial projects and developments, offering strategic marketing solutions to ensure clients success.
Long Term National Tenanted Investment
113 Brisbane Road, Mooloolaba
Owner operator or Investor
4/180 Alexandra Parade, Alexandra Headland
• High profile location • 167m2 office space • Kitchenette • Onsite Amenities • Air-Conditioned • On-site car parking • Excellent signage opportunities
Tenancy 96, ‘Aqua Vista’, 64 Sixth Avenue, Maroochydore
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67 m2 retail space Long term national tenant, lease expiry Jul 2020 Zoned Tourist Accommodation Opposite beach front
Expressions of Interest close 5pm, 18th September 2015. Sale Property ID 1355284 Damien Poole 0414 457 022 damien.poole@raywhite.com Emily Pendleton 0402 435 446 emily.pendleton@raywhite.com Ray White Commercial North Coast Central
Lease Property ID 1352262 Damien Poole 0414 457 022 damien.poole@raywhite.com Emily Pendleton 0402 435 446 emily.pendleton@raywhite.com Ray White Commercial North Coast Central
Shop & Residence Investment Combination
4/61 Link Crescent, Coolum Beach
59 Perwillowen Road, Burnside
• Great location at Quanda Road industrial park • Modern, clean and well presented complex • Good parking (12spaces in complex) and plenty on-street • 89 sqm downstairs with kitchenette and bathroom • 18* sqm mezzanine office with air-conditioning
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Convenience/Takeaway store plus residential premises Freehold 645 m2 block Currently returning $33,000 per annum gross Lease expiry October 2016, 5 year option remaining 5 minutes to Nambour CBD
Sale Property ID 1350860 Damien Poole 0414 457 022 damien.poole@raywhite.com Ray White Commercial North Coast Central
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Sale Property ID 1270110 Damien Poole 0414 457 022 damien.poole@raywhite.com Emily Pendleton 0402 435 446 emily.pendleton@raywhite.com Ray White Commercial North Coast Central
• Use: Professional Massage/ Beautician services/ Medical Rehabilitation Clinic • Tenancy Area: 45sqm. • 3 Separate consultation rooms • Ground floor of Aqua Vista Resort • Toilet and Shower • Modern fitout • Use of resort gym and pool, Spa & Sauna Sale Property ID 1198675 David C Smith 0412 712 680 davidcsmith.commercialsc@raywhite.com Ray White Commercial North Coast Central
Brand New 1213sqm Concrete Tilt-Slab Warehouse Lot 4 & 5 Whalley Creek Close, Nambour • • • • • •
1,213sqm concrete tilt-slab building on 2,726sqm of land Electric 5M roller doors Quality aluminum joinery Kitchenette and Toilet Three-phase power Tenancies 4, 5A & B, and 6A can be leased individually or as a whole.
Lease Property ID 879937 David C Smith 0412 712 680 davidcsmith.commercialsc@raywhite.com Ray White Commercial North Coast Central
