YOUR OPPORTUNITY
RWC Northern Corridor Group are seeking Expressions of Interest (EOI) for 326-328 Oxley Avenue, Margate, for lease or sale.
Situated on a busy main road, 326-328 Oxley Avenue offers a prime development and investment opportunity with excellent exposure in the heart of Margate. There is also the opportunity for any office or medical business to take advantage of the recent vacancies. Sizes on offer range from 365 to 1,131m2
KEY ATTRIBUTES
Centre Zoned freestander in the heart of the Redcliffe Peninsula
1131m2* NLA across 3 tenancies
1896m2* Centre Zoned allotment
$26,000.00 holding income per annum
19 exclusive on site car parks
METHOD OF SALE
Close proximity to an array of public transport options and local amenities
Located on busy main road on corner allotment with access via Bank Street and Beaconsfield Street
Pre lodgement minutes are available for Mixed Use Development
The property is being offered for sale or lease by Expressions of Interest (EOI) Closing: 31 July 2024 at 4pm (AEST)
For more information, or to arrange an inspection, please contact marketing agent Aaron Canavan
Aaron Canavan
Commercial Principal
0447 744 948 aaron.canavan@raywhite.com
326-328 Oxley Avenue, Margate QLD 4019
Legal Description Lot 35 on Registered Plan 802992
Title Reference 18163014
Site Area 1,896m2
Building Area
Tenancy 1: 755m2* (Physio) VACANT
Tenancy 2: 11m2* (Cafe)
Tenancy 3: 365m2* (Gym) VACANT
Total NLA: 1,131m2*
Zoning Centre (District Centre)
Net Income
Tenancy 2 Cafe | $15,000 per annum incl GST & Outgoings Car Park | $11,000 P/A inc GST
$26,000 per annum holding income For Lease
Tenancy 1: 755m2* | $15,000 per month + GST + Outgoings (option to split tenancy)
Tenancy 3: 365m2* | $8,400 per month + GST + Outgoings
Concept architectural plans have been completed for a code assessable mixed use development that would yield 50 residential units plus ground floor commercial tenancies. Full copies of these plans and Council Prelodgement Meeting Minutes are available upon request.
TENANCY 1
TENANCY SCHEDULE - TENANCY 1
Tenant Vacant (previously operated as a Physio)
Size 755m2* (including 58m2 caged external space)
Key Features GROUND FLOOR
452m2 ground floor
Large open plan area with separate entry
Air conditioning throughout
11 consulting rooms (4 with built in sinks)
Laundry room
Store room
Two separate reception areas with dual entry
2x toilet amenities
Electrical room
58m2 caged external space
LEVEL ONE
245m2
Large open plan office
Large Kitchen/staff area
1x toilet amenities
1x shower
6 consulting rooms
Price
$15,000 P/M + Outs + GST (Option to split tenancy)
TENANCY 2
TENANCY SCHEUDLE - TENANCY 2
Size 11m2*
Current Rent P/A $15,000 P/A + GST
Current Term 2 Years
Current Term Expiry 17/07/2025
Options 1 Year
Rent Reviews 4%
Recoverable Outgoings NIL
Tenant Caffeinate
TENANCY 3
TENANCY SCHEUDLE - TENANCY 3
Tenant VACANT (previously operated as a Gym)
Size 365m2*
Key Features GROUND FLOOR
Large reception area
Large open plan space
2 Store rooms
Consulting room
Kitchennett area with sink
PWD amenities
6 Toilets + 1 separate staff facility
2 Showers
Off street access
Easy access for parking
Great signage opportunities
Modern open plan layout
Price
$8,400 P/M + Outgoings + GST
CAR PARK
Tenant Institute for Urban Indigenous Health
Current Rent P/A
$10,000 P/A + GST
Current Term 3 Years
Current Term Expiry 05/11/2026 or with 6 months notice
Options N/A
Rent Reviews 4%
Recoverable Outgoings NIL
Number of Car parks 8
Number of Car parks 8
TENANCY SCHEUDLE - CAR PARK
LOCAL AMENITIES
Sebel Hotel
Woolworths
Margate
LOCATION MARGATE
Location and Accessibility
Margate is a vibrant coastal suburb on the Redcliffe Peninsula, approximately 26 km north-northeast of Brisbane’s CBD.
It is easily accessible via the Houghton Highway and the Ted Smout Memorial Bridge, with regular bus services providing convenient public transportation.
Demographics and Economy
Margate’s population comprises young professionals, families, and retirees, contributing to a diverse local economy.
The suburb features a strong community feel, enhanced by its seaside location and recreational amenities. The economy blends retail, healthcare, education, and service industries, supporting local employment and consumer demand.
Key Commercial Areas
Oxley Avenue: A prime location for high visibility and foot traffic, lined with retail and office properties.
Margate Village Shopping Centre: The central retail hub with a variety of shopping, dining, and services.
Margate Parade: Beachfront properties combining commercial and leisure uses, attracting businesses with scenic views and tourist traffic.
Infrastructure and Amenities
Healthcare: Numerous medical centers and allied health services.
Education: Quality schools and educational institutions.
Recreation: Suttons Beach, parks, and walking trails enhance lifestyle quality, supporting local businesses and attracting visitors.
THERE’S NEVER BEEN A MORE EXCITING TIME TO INVEST IN THE
MORETON BAY REGION
Moreton Bay is the third largest local government area in Australia by population, and has been recognised as a region with one of the fastest-growing populations, and the strongest-growing economies in the country.
The region provides the perfect balance between business and lifestyle, and is located in South East Queensland’s northern growth corridor, just north of the Brisbane CBD.
Moreton Bay has easy access to the Brisbane CBD and major transport and export infrastructure, including the Brisbane and Sunshine Coast international airports, Port of Brisbane, Bruce Highway, and Redcliffe Peninsula and Sunshine Coast rail lines.
Major regional infrastructure projects such as The Mill at Moreton Bay and the $1 billion Redcliffe Peninsula Rail Line are underpinning new, exciting opportunities for continued economic development, employment growth and business confidence into the future.
MAJOR REGIONAL PROJECTS
Council’s $655 million budget will provide more than $227 million for capital works with a focus on community infrastructure and healthy and active lifestyle opportunities. It includes:
- $112 million on road and transport networks to improve connectivity, travel time and transport options.
- $54 million to rehabilitate, protect and enhance the natural environment, plus an additional $24.2 million towards management of waterways and coastal areas.
- $34 million on sport and recreation including $5 million towards construction of the new Griffin Sports Complex, $3.2 million for the next phase of the Nathan Road Sporting Precinct, Rothwell.
The Mill Priority Development Area covers around 460ha of land across Petrie, Kallangur and Lawnton providing opportunity to fast-track development in conjunction with a brand new university precinct.
The Mill at Moreton Bay will feature the USC Moreton Bay Campus, innovation hub, vibrant urban centre and a designated koala conservation area.
USC Moreton Bay Campus at Petrie opened in 2020 and is Australia’s first greenfield university in 20 years.
$925.5 million is being spent on Bruce Highway upgrades between Pine River and Caloundra Road interchange.
The $1 billion Redcliffe Peninsula Rail Line will service 618,000 residents by 2036 and 39 new residential developments.
Other important regional projects include: Caboolture Hospital expansion, New Special School Caboolture, Redcliffe Hospital upgrade, Dakabin Train Station upgrade and Griffin State School expansion.
Moreton Bay
DISCLAIMER
The information contained in this Information Memorandum and any other verbal or written information given in respect of the property (“Information”) is provided to the recipient (“you”) on the following conditions:
1. North Coast Commercial Properties Pty Ltd trading as Ray White Northern Corridor Group and or any of its officers, employees or consultants (“we, us”) make no representation, warranty or guarantee, that the Information, whether or not in writing, is complete, accurate or balanced. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing.
2. All visual images (including but not limited to plans, photographs, specifications, artist impressions) are indicative only and are subject t o change. Any measurement noted is indicative and not to scale. All outlines on photographs are indicative only.
3. The Information does not constitute, and should not be considered as, a recommendation in relation to the purchase of the property or a solicitation or offer to sell the property or a contract of sale for the property.
4. You should satisfy yourself as t o the accuracy and completeness of the Information through your own inspections, surveys, enquiries, and searches by your own independent consultants, and we recommend that you obtain independent legal, financial and taxation advice. This includes as t o whether any listing price is inclusive or exclusive of GST.
5. We are not valuers and make no comment as to value. “S old/ leased” designations show only that stock is “currently not available” – no t that the property is contracted/ settled. If you require a valuation we recommend that you obtain advice from a registered valuer.
6. The Information does not and will not form part of any contract of sale for the property. If an interested party makes an offer or signs a contract for the property, the only information, representations and warranties upon which you will be entitled to rely will be as expressly set out in such a contract.
7. Interested parties will be responsible for meeting their own costs of participating in the sale process for the property. We will not be liable to compensate any intending purchasers for any costs or expenses incurred in reviewing, investigating or analysing
any Information.
8. We will not be liable to you (to the full extent permitted by law) for any liabilities, costs or expenses incurred in connection with the Information or subsequent sale of the property whatsoever, whether the loss or damage arises in connection with any negligence, default or lack of care on our part.
9. No person is authorised to give information other than the Information in this Information Memorandum or in another brochure or document authorised by us. Any statement or representation by an officer, agent, supplier, customer, relative or employee of the vendor will not be binding on the vendor or us.
10. To the extent that any of the above paragraphs may be construed as being a contravention of any law of the State or the Commonwealth, such paragraphs should be read down, severed or both as the case may require and the remaining paragraphs shall continue to have full force and effect.
11. You may not discuss the Information or the proposed sale of the property with the vendors or with any agent, friend, associate or relative of the vendor or any other person connected with the vendor without our prior written consent. We accept no responsibility or liability to any other party who might use or rely upon this report in whole or part of its contents.
12. The Information must not be reproduced, transmitted or otherwise made available to any other person without our prior written consent.
Aaron Canavan
Commercial Principal
0447 744 948 aaron.canavan@raywhite.com
