Information Memorandum | 33-35 Empire Cres, Chevallum | RayWhite Commercial Northern Corridor Group

* Location and Outline Indicative Only

OPPORTUNITY

We are excited to present an exceptional investment opportunity in the highly sought-after Chevallum Industrial Park on the beautiful Sunshine Coast. This marketing brief outlines the key features and benefits of a brand new, purpose-designed freestanding warehouse, perfectly suited for Sunshine Coast Laundry. With an impressive land area of 3,296m2, a building area of 1,849m2, a mezzanine area of 99m2.

 PRIME LOCATION

 ESTABLISHED TENANT

KEY FEATURES

 PURPOSE-DESIGNED WAREHOUSE

The brand new facility has been specifically designed to cater to the needs of Sunshine Coast Laundry. Every aspect of the building, from its layout to the infrastructure, has been meticulously planned to optimize efficiency and productivity.

Chevallum Industrial Park offers a strategic location, providing excellent access to major transport routes, including highways and arterial roads. Its central location on the Sunshine Coast ensures easy reach to a thriving customer base.

 AMPLE SPACE

With a total land area of 3,296m2, the facility provides ample space for parking, storage, and potential future expansion. The building area of 1,849m2, combined with a mezzanine area of 99m2, offers substantial floor space for the laundry operations.

The facility has attracted a reputable tenant, Sunshine Coast Laundry, who are relocating from Kuluin due to their business expanding. This relocation highlights the attractiveness and potential of the property, making it an appealing investment opportunity.

 MODERN INFRASTRUCTURE

The warehouse is equipped with state-of-the-art infrastructure, including high-quality machinery and systems to support Sunshine Coast Laundry's needs. The contemporary design ensures a seamless workflow, enhancing productivity and reducing operational costs.

Brand new designed freestanding warehouse

For Sale via an Expressions of Interest (EOI) campaign closing: 4pm (AEST) Friday 4 August 2023

A

$350,000 P/A + Outgoings + GST income

tenant relocating after expansion from Kuluin, Sunshine Coast

Chevallum Industrial Park

Infrastructure for Sunshine Coast Laundry

OVERVIEW

SUBJECT PROPERTY

VILLAGE CENTRE

EMPIRE CRESCENT

BRISBANE

ASSET OVERVIEW

Address 33-35 Empire Cres, Chevallum, QLD, 4555

Lot Plan Lot 6 on Survey Plan 302149

Title Reference 51187650

Local Authority Sunshine Coast Regional Council

Services Communications, power, sewerage, water

Access Two driveway access off Empire Crescent

* Approximately

Annual Income $350,000 P/A NET

Tenant Sunshine Commercial Laundry

Land Area 3,296m2

Building Area 1,849m2

Mezzanine Area 99m2 Future Mezz Area 150m2

Ground Floor Area 1,750m2

Street Frontage 105m* to Empire Crescent

IMPROVEMENTS

Consisting of a freestanding tilt slab construction warehouse with an appointed mezzanine & allowance for future mezzanine with the plans. The warehouse has been designed for the tenants use Commercial Laundry however with future uses in mind.

There are multiple access points through roller doors and personal doors for both logistics and customer access.

Chevallum

TOWN PLANNING SUMMARY

Zoning Extract Sunshine Coast Planning Scheme

Rural Zone LOW IMPACT INDUSTRY ZONE

Zoning (Low Impact Industry Zone)

Purpose

(1) The purpose of the Low impact industry zone code is to provide for a range of low impact industrial activities and other activities that are ancillary to or compatible with low impact industry activities and do not compromise the operation of industrial activities or the integrity of the Low impact industry zone.

(2) The purpose of the Low impact industry zone code will be achieved through the following overall outcomes:-

(a) development provides predominantly for low intensity industry activities, including low impact industry, research and technology industry, service industry, transport depot and warehouse uses;

(b) non-industrial activities, including caretakers accommodation, small scale food and drink outlets primarily servicing local employees, agricultural supplies stores and service stations may be established in the zone where they directly support or are compatible with the ongoing industrial use of the zone;

(c) other non-industrial activities which, although not ancillary to, are compatible with industrial activities, such as certain community activities and indoor sport and recreation activities, may also be established where they do not compromise the ongoing operation and viability of industrial activities or the integrity of the Low impact industry zone;

(d) existing and planned industrial activities are protected from the intrusion of incompatible activities that may compromise or conflict with the primary use of the premises for industry purposes;

(e) development provides for a range of lot sizes to cater for varying industrial needs and user requirements;

(f) industrial activities and other activities established in the zone make a positive contribution to the image of the Sunshine Coast by incorporating a high quality of built form and landscape design in keeping with the expectations of a modern, safe, and attractive industrial environment;

(g) development is sympathetic to the existing and planned scale and character of the streetscape and surrounding development;

(h) development is located, designed and operated to be responsive to the Sunshine Coast’s sub-tropical climate and minimises the consumption of energy and water;

(i) development ensures that industrial activities are located, designed and managed to maintain public health and safety and minimise adverse impacts on the natural environment, non-industrial land and sensitive land uses;

(j) development avoids as far as practicable, or where avoidance is not practicable, minimises and otherwise mitigates, adverse impacts on ecologically important areas, including creeks, gullies, waterways, wetlands, coastal areas, habitats and vegetation through location, design, operation and management; Sunshine Coast Planning Scheme 2014 Amended 3 July 2017 Page 6-28

(k) development is designed and sited to sensitively respond to the physical characteristics and constraints of land, including flooding, steep land, landslide hazard and bushfire hazard, where applicable;

(l) industrial activities have access to the appropriate level of transport infrastructure and do not interfere with the safe and efficient operation of the surrounding road network;

(m) development is provided with the full range of urban services to support the needs of the community, including parks, roads and transport corridors, pedestrian and cycle paths, reticulated water and sewerage (where available or planned to be made available), stormwater drainage and electricity and telecommunication infrastructure;

(n) development is located and designed to maximise the efficient extension and safe operation of infrastructure;

(o) development does not adversely impact on the continued operation, viability and maintenance of existing infrastructure or compromise the future provision of planned infrastructure; and

(p) development provides for the following:-

(i) a use listed as a consistent use in column 1 of Table 6.2.9.2.1 (Consistent uses and potentially consistent uses in the Low impact industry zone) to occur in the Low impact industry zone; and

(ii) a use listed as a potentially consistent use in column 2 of Table 6.2.9.2.1 to occur in the Low impact industry zone only where further assessment has determined that the use is appropriate in the zone having regard to such matters as its location, nature, scale and intensity

Local Authority Sunshine Coast Regional Council

TENANT OVERVIEW

Sunshine Commercial Laundry has witnessed significant growth in the Sunshine Coast region throughout its impressive 22 years of experience. Over the years, they have established themselves as a trusted and reliable partner for local hospitality and accommodation providers. Their extensive industry knowledge and expertise have allowed them to forge strong relationships with businesses across the Sunshine Coast.

As the tourism and hospitality sectors in the region have flourished, Sunshine Commercial Laundry has continuously adapted to meet the evolving needs of their clients. They have consistently stayed ahead of industry trends, ensuring that their laundry services remain in line with the highest standards of quality and efficiency.

Throughout their journey, Sunshine Commercial Laundry has experienced remarkable expansion. Their commitment to delivering outstanding customer service, combined with their dedication to reliability and flexibility, has attracted a growing client base. This growth has allowed them to invest in new technologies and equipment, such as the state-of-the-art washers and dryers in their new facility in Chevallum.

By relocating to a larger and more advanced facility, Sunshine Commercial Laundry has significantly increased their capacity to handle a higher volume of laundry. This expansion positions them to better serve the entire Sunshine Coast region, catering to a diverse range of businesses, including resorts, hotels, B&Bs, day spas, restaurants, coffee shops, hair salons, and more.

With their two decades of experience in the Sunshine Coast market, Sunshine Commercial Laundry has developed a deep understanding of the unique laundry requirements within the local hospitality industry. Their team of dedicated laundry operators, equipped with a wealth of expertise, ensures that they can address both general inquiries and more technical queries with utmost professionalism.

Overall, the growth and success of Sunshine Commercial Laundry in the Sunshine Coast region can be attributed to their unwavering commitment to providing exceptional laundry services, their ability to adapt to changing market demands, and their focus on building long-term relationships with their valued clients.

WHY CHEVALLUM

The name Chevallum is believed to have been derived from the local aboriginals ‘cha-balan’ meaning flat place.

Historically Chevallum has been a rich, fertile agricultural belt – growing a variety of produce, predominantly strawberries, and the annual Strawbfest held at Chevallum State School each September has been a mainstay of the community and a successful fundraiser for the small local school.

Chevallum, located east of Palmwoods, south of Nambour and 15 minutes to Maroochydore.

It is conveniently located in the heart of the Sunshine Coast, central to coast and hinterland, with fast quick access to the M1.

Chevallum has attracted the attention of tenants and operators locally and nationwide, from small industry to larger players, and is particularly suited to transport and logistics.

With no building covenants (or timelines), 12-metre building height limit, high-speed integrated NBN, B-Double approved roads, allotment sizes from 1500-5168m2, 65% allowable site coverage (Subject to Council Approval), and level building platforms allowing for easy access and exits in Chevellum Industrial Estate.

Exposure and access to the M1 linking you north and south is a key feature.

When the highway upgrades are completed – this will arguably be the best located industrial estate in southeast Queensland.

Stakeholders who have got in early will reap future benefits, through both positioning and capital gain.

In recent years the outskirts of Chevallum, i.e, the land strategically positioned to adjoin the highway on the eastern side, has been converted into industrial space, with Chevallum Industrial Park providing super-fast access to M1 and facilitating a range of different sized serviced lots for a variety of light to heavy industry.

MAJOR PROJECTS - SUNSHINE COAST

Camcos alignment

Sunshine Coast train line

Major projects

Bruce Highway upgrade

SUNSHINE COAST AIRPORT $0.35BN INVESTMENT

2,230 JOBS

SUNCENTRAL $2.2BN INVESTMENT

15,000 JOBS

4,000 RESIDENTS

BRUCE HWY UPGRADE $1.1BN INVESTMENT

SUNSHINE COAST UNIVERSITY HOSPITAL $2BN INVESTMENT

5,000 JOBS

OCEANSIDE (STOCKLAND) $5.5BN INVESTMENT

12,000 JOBS

9,000 RESIDENTS

PALMVIEW $3BN INVESTMENT

9,000 JOBS

17,000 RESIDENTS

SUNSHINE COAST

An hour north of Brisbane, the Sunshine Coast stretching from Caloundra in the south through to Noosa/Tewantin in the north and incorporating hinterland townships to the west in between, covers an area of approximately 2,291 square kilometres with 60 kilometres of spectacular open coastline.

The Sunshine Coast is Australia’s 9th largest population centre (as of June 2021) and 5th largest in the state, with a population growth outpacing most of the nation, and one of the fastest growing regional economies.

Not only diverse geographically with stunning beaches, verdant agricultural farmland, and mountain ranges including the iconic Glass House Mountains; the economy is also diverse consisting of a variety of industries covering medical, education, technology, tourism/ hospitality, finance, farming/agriculture, retail, and industrial.

WHY THE SUNSHINE COAST

Over the past several years there has been billions of dollars’ worth of investment poured into the region from both the public and private sectors, with projects including

 Airport expansion

 Public and private university hospitals and health hub

 Sun Central CBD in Maroochydore

 The city of Aura in Caloundra South

 Submarine broadband connection providing fastest connection to Asia from the east coast

 Bruce Highway upgrade

 Multiple new housing estates and associated infrastructure including schools and sporting facilities, industrial parks and more.

The Sunshine Coast comes under the governance of two local councils – the Sunshine Coast Regional Council covering the southern to central suburbs, and Noosa Shire Council. There is good connectivity across the region via road networks, rail through the hinterland townships, and bus; and the Sunshine Coast Airport now has a second runway and is open to international travel (now Australia’s fastest growing airport (traffic-wise).

With the 2032 Olympics being held in south-east Queensland, there will be an acceleration in investment in this region, particularly in and around transport, including possible rail upgrades providing line duplication for fast rail and there is also a proposal in place for a light rail coastal service.

SALES PROCESS

33 - 35 Empire Cres, Chevallum, QLD, 4555

The site is being offered for by Expressions of Interest closing: 4pm (AEST), Friday 4 August 2023. The seller retains the right (in their absolute discretion) to:

 Decline, consider, and/or accept any Expressions of Interest received in response to this invitation.

 Engage in direct negotiations with any party that has submitted an Expression of Interest at any stage.

 Accept or reject non-conforming Expressions of Interest during any phase of the sale process.

 Modify this invitation if deemed necessary.

 Enter into a sale agreement for the property based on terms acceptable to the seller’s discretion.

 Request additional information from any party that has submitted an Expression of Interest.

 Reject any or all Expressions of Interest at any time and for any reason.

 Withdraw the property from the sale process.

SUBMISSION

If the EOI is to be submitted by hard copy, it is to be enclosed within a sealed envelope marked clearly with:

c/- David Goldsworthy

Ray White Commercial Northern Corridor Group

Level 1, 172 Brisbane Road

Mooloolaba

QLD 1557

If the EOI is to be submitted electronically, details are as follows:

c/- Ray White Commercial Northern Corridor Group

E-mail: david.goldsworthy@raywhite.com

E-mail: samuel.hoy@raywhite.com

E-mail: michael.shadforth@raywhite.com

Please contact the marketing agents to obtain access to additional information.

0481 996 794

david.goldsworthy@raywhite.com

0423 795 273

samuel.hoy@raywhite.com

0488 981 076

michael.shadforth@raywite.com

DAVID GOLDSWORTHY Sales & Leasing Executive

SAMUEL HOY Sales & Leasing Executive

MICHAEL SHADFORTH Director | Commercial Principal

Current Title Search

Queensland Titles Registry Pty Ltd

23 648 568 101

EASEMENTS, ENCUMBRANCES AND INTERESTS

1. Rights and interests reserved to the Crown by Deed of Grant No. 12029131 (POR 199V) 2.

COPYRIGHT QUEENSLAND TITLES REGISTRY PTY LTD [2023]

by: D-ENQ CREDIT WORKS AUSTRALIA

appear in order of priority

www.titlesqld.com.au

DISCLAIMER

The information contained in this brochure 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 Town Property Group 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 to 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 to 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 to whether any listing price is inclusive or exclusive of GST.

5. We are not valuers and make no comment as to value. “Sold/ leased” designations show only that stock is “currently not available” – not 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.