Information Memorandum | 542 Old Bay Road, Burpengary | Ray White NCG

Page 1

F O R

S A L E

542 OLD BAY ROAD BURPENGARY QLD 4505

Outline & Location Indicative Only

INFORMATION MEMORANDUM


PAGE 2

CONTENTS PAGE

THE OPPORTUNITY

05

EXECUTIVE SUMMARY

06

SITE PLANS

08

ZONING EXTRACT

10

LOCAL AMENITIES

12

BURPENGARY OVERVIEW

14

CITY OF MORETON BAY

16

BURPENGARY DEMOGRAPHICS

17

EOI FORM

18

DISCLAIMER

19

Chris Massie

Aaron Canavan

Director

Commercial Principal

0412 490 840

0447 744 948

chris.massie@raywhite.com

aaron.canavan@raywhite.com

Whilst every care has been taken in the preparation of this document, it is for guidance only. This developer and its agents make no warranty or representation as to the accuracy, reliability, currency, or completeness of the information herein contained. Illustrations, diagrams and photographs are for presentation purposes only. Interested parties should satisfy themselves as to the accuracy, reliability, currency, or completeness of each description or reference. All information herein is subject to change without notice.

INFORMATION MEMORANDUM


* Locations & Outline Indicative Only

5 4 2 O L D B AY R O A D , B U R P E N G A R Y


INFORMATION MEMORANDUM

* Outline Indicative Only


PAGE 5

THE OPPORTUNITY

Ray White Commercial Northern Corridor Group are pleased to offer 542 Old Bay Road, Burpengary for sale. This expansive 20,260m2* (2.026ha*) parcel of industry-zoned land provides endless possibilities for your commercial venture. With development and building approval already in place for 8,888m2* of industrial/commercial space spread across six buildings, this is a true shovel-ready industrial development in the heart of one of the fastest growing regions in the country. Designed with flexibility in mind, the approved plan can accommodate up to forty tenancies, ensuring your property caters to a wide range of businesses. Strategic planning in the design phase has provided the flexibility to stage the development of the six buildings for lease or sale, minimizing risk and maximizing returns. The development approvals should also prove attractive to owner occupiers, who can save substantial time and money by simply amending the approval to suit their specific needs. Substantial site works to clear and prepare the property for development have already been competed, providing immediate solutions for those with storage or transport depot requirements. With immediate access to the Bruce Highway, this property is perfectly situated to benefit from the chronic under-supply of industrial land and the exploding population of the additional 200,000 residents moving to the region in the next nine years. Whether you’re looking to establish your own business or diversify your investment portfolio, this property has it all.

F EAT U RES 2 0,260m2* (2.026ha*) Industry zoned land D evelopment approval for 8,888m2* across six buildings (shovel ready) F ull civil, hydraulic, structural and architectural plans complete F lexible design allowing for staged development  I mmediate access to Bruce Highway P repared draft strata plan

SA L ES P RI C E

DATA ROOM

Contact Agent

Link to Dataroom HERE

* Approximately

5 4 2 O L D B AY R O A D , B U R P E N G A R Y


PAGE 6

EXECUTIVE SUMMARY

Property Address

542 Old Bay Road, Burpengary East, QLD 4505

RPD

Lot 4 on Registered Plan 184394

Site Area

20,260m2* (2.026HA*)

Title Reference

16289165

Zoning

Light Industry

Local Authority

Moreton Bay Regional Council

Planning Approval

8,888m2* of commercial space spread across six buildings accommodate up to forty tenancies.

Permitted Uses

Service Industry, Low and Medium Impact Industry, Warehouse, Transport Depot, Caretaker’s Accommodation, Food & Drink Outlet and Office

The Site

The land is generally level and cleared throughout with some minor vegetation

Site Access

The property is accessed via Old Bay Road

INFORMATION MEMORANDUM

* Approximately


5 4 2 O L D B AY R O A D , B U R P E N G A R Y


Office

Office

Office lockers

Refuse Collection Point

ELECT MB

42·33 Bin Washdown

Bike Racks (32)

8

lockers

9

lockers

lockers

lockers

lockers

lockers

lockers

lockers

10 11 12 13 14 15 16 17 18 19 20 21 22

lockers

47 48 49 50

lockers

lockers

lockers

lockers

51 52 53 54 55 56 57 8.0

8.0

lockers

lockers

lockers

lockers

lockers

lockers

lockers

STAGE 2

lockers

65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87

lockers

B3

8.0 88 89 90 91 92 93 94 95 96 97 98 99 100

B4

23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40

7

8.0

PMT 7.5

F

6

Bike Racks (12)

lockers lockers

lockers

Bike Racks (12)

8.0

.0

8.0

F

5

114

ELECT MB

115

8.0

1

4

8.0

5

Lunch Deck 3

44 45 46 41 42 43

116

Refuse Collection Point

Bin Washdown

117

118

* Plans Indicative Only

INFORMATION MEMORANDUM

132 133 134 135 136

125 126 127 128 129 130 131

119 120 121 122 123 124

B5

B6

lockers

lockers

lockers

lockers

lockers

lockers

RP184394

20 x

141 140 139 138

146 145 144 143 142

147

153 152 151 150 149 148

155 154

157 156

61 60 59 58 64 63 62 60·35

3 B1 2

179

1 1

113 112 111 110 109 108 107 106 105 104 103 102 101

B2 CP817357

5

SITE PLANS PAGE 8

METER BOX

lockers

8.


78

79

80

81

82

83

84

8.0

77

85

86

87

Bike Racks (12)

4.9

8.0 75

8.0

8.0

8.0 8.0

8.0

8.0

8.0 77

4.5

lockers

76

78

8.0

5.4

17.5

81

82

BE-5.4

BE-3+4.2

BE-6.4

8.0 8.0 80

Bike Racks (12)

79

83

8.0

84

8.0

85

114

86

8.0

8.5

6.5

87

115

8.0

10.0

6.5

8.0 8.0

4

8.0

Bike Racks (12)

8.0

116

6.1

8.0

6.2

6.3

6.5

3.5

11.0

BE-6.3

117

+9.250

8.0

Bin Washdown

8.0

8.0

BE-5.1

+9.250

6.5

9.5

137

118

5.4

6.5

0.2

9.0

1.0

5.4

8.5

8.5

8.0

lockers

+9.350

74

4.4 8.0

+9.350

73

Refuse Collection Point

25.0

4.9

8.0

8.0

8.0 8.0

8.0

8.0

8.0

8.0

BE-5.4

8.0

8.0

9.5

5.4

9.0

.0

10

7.9

8.0

8.0

76

40

72

8.0

75

39

5.0

38

2.5

4.8 +9.350

4.6

lockers

4.3 8.0

71

8.0

8.0

74

37

8.0

2.5

lockers

70

8.0

73

36

2.5

2.6

lockers

8.0

69

lockers

+9.350

4.2

68

8.0

72

35

2.5

2.6

67

8.0

8.0

71

2.5

2.6

57

lockers

4.7

lockers

66

4.1

65

BE-3+4.3

2.8 5.4

7.5

4.8

Sketch

8.0

8.0

8.0

8.0

Bike Racks (12)

BE-5.2

1094 : 01.4.5.1 (C) Building 6 Ground Floor

9.5

70

34

8.0

2.6

56

2.5

8.0

69

33

2.5

2.6

55

lockers

3.6

2.5

9.7

10/06/2021

8.0

68

32

2.5

2.6

54

3.9

2.5

6.6

4.7 1:250

7.5

67

31

2.5

2.6

53

lockers

+9.200

3.5 lockers

2.5

2.6

2.5

2.6

Ground

ELECT MB

5.1

5.2

lockers

4.5

5.3

8.0

BE-3+4.2

Approved Subject to Conditions of Decision Notice DA/41835/2020/V2K

Building 6

7.5

66

30

2.5

6.0

52

2.9

lockers

8.0

2.5

2.6

57

lockers

8.0

65

29

2.5

2.6

51

8.0

+9.200

8.0

lockers

3.4 lockers

2.5

2.5

2.5

2.6

56

lockers

+9.350

+9.350

lockers

4.4

8.0

+9.350

+9.350

General Industrial Dev., 542 Old Bay Road Burperngary Qld

4.6

lockers

4.3

8.0

1:250

5 4 2 O L D B AY R O A D , B U R P E N G A R Y

28

2.5

2.6

50

lockers

3.8 +9.100

2.5

2.6

55

lockers

8.0

lockers

4.2

+9.350

8.0

8.0

4 8.0

Ground

8.0

27

2.5

2.6

49

2.7

lockers

+9.200

2.5

2.6

2.6

2.4

3.3

2.5

2.6

2.6

1

lockers

4.1

BE-3+4.3

2.8

8.0

26

2.5

2.6

48

+9.200

lockers

lockers

3.2 lockers

2.6

2.3

2.6

BE-2.3

2.6

2.6

54

BE-5.4

BE-3+4.2

lockers

2.5

1

8.0

25

2.5

47

2.8

3.7

lockers

W+D2

2.6

2.6

10/06/2021

53

3.9

2.5

3.6

Thursday, 18ID:February Document Set 621273772021 Version: 3, Version Date: 11/06/2021

lockers

2.5

8.0

24

2.5

lockers

2.6

2.2

3.1

2.6

6.0

8.0

52

1094 : 01.4.3.1 (C) Building 3 + 4 Ground Floor Sketch

2.6

51

lockers

+9.200

2.5

6.4

8.0

23

2.5

2.1 lockers

2.6

Building 3+4

2.6

50

Approved Subject to Conditions of Decision Notice DA/41835/2020/V2K 2.6

49

8.0

+9.200

3.8

lockers

3.5

2.5

0.7 2.6 2.6

2 11.1 5.4

General 542 Old Bay Road Burperngary Qld 1094 : 01.4.2.1 (C)Industrial Building Dev., 2 Ground Floor

1:250

2.6

48

lockers

+9.200

58

Bike Racks (32)

BE-2.4

2.6

Building 2

47

3.7

lockers

3.4

8.0

2.5

8.0

0.8

2.6 Bin Washdown

BE-1.2

2.8

Ground

1.5

lockers

2.5

8.0

ELECT MB

1

Thursday, 18ID:February Document Set 621273772021

Sketch

Office

+12.100

Approved Subject to Conditions of Decision Notice DA/41835/2020/V2K

Version: 3, Version Date: 11/06/2021 1:250

Office

lockers

BE-1.2

3.3

2.5

151 152

2.5

2.5

2.5

2.5

0.7

2.6

2.6

2.6

2.6

2.6

128

127

126

125

124

123

122

121

120

19.9

General Industrial Dev., 542 Old Bay Road Burperngary Qld

12 11 10 9 8 7 6 5 4 3 2 1

1.7

13.8 2.5

lockers

2.6 153

0.3 154

2.6 2.1 0.5

2.6

Ground

BE-1.1

1.2

1.6

3.2

2.5

2.6

PMT

12m Wide 1 Road Dedication

2

1.1

BE-1.3

3.1

2.5

2.5

6.6

19.9

119

136

135

134

2.6

2.5

lockers

13.7 41.2

Lunch Deck

2.6

1.2

6.8

7.6

2.5

2.5

2.5

2.5

2.5

6.5

2.6

2.6

2.6

2.6

2.6

133

132

131

130

129

128

58

59

60

61

62

lockers

2.6

lockers

lockers

lockers

lockers

lockers

lockers

lockers

63

64

13.8

108

2.6

0.3

101 109

2.6

155 156 157

2.6 2.6 2.6

59 60 61

102 106 107

2.6

103 104 105

6.5 62 63 64

34.0 110 111 112

2.8 2.6 2.6 2.6 2.6 2.6 0.3 2.6 2.6 2.6 2.6 0.3 2.6 2.2 0.4 0.3

2.6 0.7 2.6

149

19.9

113

2.2 11.1 5.4

Building 1 6 138

139 140

141

142 143 144 145 146 147 148

8.0

Building 1 5 150 151

10.6

Building 1 4 Building 1 3

3.0 13 14 15 16 17 18 19

15.3

Date: 11/06/2021

7· 0

1:250

20 x 0.2 = 3.6

bruary 21273772021

7· 12

Mezzanine

5.4

5.4

lockers

46 45 44 43 42 41

13.7 40.0 16.7

2.6 2.6

Building 1 2

Building 1 1

1.6 2.0

B

8.0 8.0

8.0

8.0

8.0


PAGE 10

ZONING EXTRACT

INFORMATION MEMORANDUM

Light Industry

Subject Site

* Outline & Location Indicative Only


Local Authority

Moreton Bay Regional Council

Zoning

Light industry

The Industry zone provides for business and employment opportunities in manufacturing, transport and storage, communication and wholesale trade. The Industry zone caters for a range of low, medium and high impact activities and service trades. The zone is generally located on major transport routes throughout the region The purpose of the zone will be achieved through the following overall outcomes: Zone Purpose

•P rovide for a range of service, low, medium and high impact industrial and service trades uses in appropriate locations Ensure industrial uses operate in accordance within acceptable environmental standards and with minimal impact on surrounding uses Allow limited non-industrial and business uses only that support industrial activities and do not compromise the region’s activity centre network or the ability of land to be used for industrial purposes in the future

5 4 2 O L D B AY R O A D , B U R P E N G A R Y


PAGE 12

LOCAL AMENITIES

St Eugene College

McDonald

Hung Library

World Gym

Narangba Crows AFL

INFORMATION MEMORANDUM

* Locations Indicative Only


Coles Subway

KFC

ds

gry Jacks

Family Medical

SuperCheap Auto

Subject Property Domino’s

Kmart Ampol

Brisbane Isuzu Truck Central Tavern

Budget Car & Truck Rental

5 4 2 O L D B AY R O A D , B U R P E N G A R Y


PAGE 14

BURPENGARY OVERVIEW

Burpengary is located in the Moreton Bay Region, approximately 38.9 kilometres from Brisbane CBD.

Brisbane

The area is well serviced with a variety of educational institutions, shops, restaurants and activities. Burpengary is bounded to the east by the Bruce Highway, to the west by Oakey Flat Road, to the north-west by the North Coast railway line, and to the south-west by Burpengary Creek and the North Coast railway line. Burpengary is one of the City of Moreton Bay’s fastest growing residential areas.

AMENITIES INCLUDE: 1 minute* drive to M1 Bruce Highway Interchange

Close proximity to local shopping at Tower Shopping Centre. Domino’s, Aldi, Coles, McDonalds, KFC, Subway, Hungry Jacks and Supercheap Auto.

32 minute* Drive to Brisbane Airport

44 minutes* to Sunshine Coast CBD

48 minutes* to Brisbane CBD

INFORMATION MEMORANDUM

* Approximate

* Locations & Outline Indicative Only


Bruce Hwy

Sunshine Coast

5 4 2 O L D B AY R O A D , B U R P E N G A R Y


PAGE 16

CITY OF MORETON BAY

City of Moreton Bay has a strong vision for the development of a high quality project outcome for the subject site - to be delivered in partnership with Council. The site has a number of unique high profile drivers that should be leveraged to produce a dynamic activated use for the final development outcome. These include significant flexibility for a wide range of permissible land uses and high density built form, as well as the ability to draw on the activation potential for major surrounding land uses. The completed development will stand as a prominent medium to high-density project, showcasing an exceptional architectural design that makes an iconic visual statement, incorporating best-practice subtropical design principles and outstanding landscape architecture to assist in activating connected spaces, including public design elements to meet local expectations and ambitions. Within this development, a premium 4-5 star rated (or equivalent) hotel will be featured, inclusive of conference and event space, supporting the City of Moreton Bay’s tourism ambitions. To align with the City of Moreton Bay’s vision, the development will implement suitable high quality car parking solutions, with a preference for basement or screened podiums. This approach not only complements our overall vision but also plays a vital role in activating the precinct’s core, emphasising the site’s significance as a major urban centre within the Moreton Bay region. In line with this, it is intended that the site will provide a strong linkage with existing neighbouring operations and other surrounding land uses ensuring great complementarity and activation. To achieve the vision, Council is seeking expressions of interest from qualified groups with the capacity and track record for delivering and or operating a range of land uses and project outcomes that are consistent with Council’s vision for the site. To support the successful proponent in achieving this shared vision, Council can provide flexible commercial terms to ensure early activation of the site and a high quality development outcome.

INFORMATION MEMORANDUM


PAGE 17

BURPENGARY DEMOGRAPHICS

$656K

$530*

MEDIAN HOUSE PRICE October 2022 to September 2023

MEDIAN RENT WEEKLY Houses over the last 12 months * realestate.com.au

16,488 POPULATION WITHIN BURPENGARY

15.1%

RESIDENTS AGED 65 YEARS AND OVER

36

YRS

MEDIAN RESIDENT AGE 1

$1,720

WK

MEDIAN HOUSEHOLD INCOME 1

Source: abs.gov.au/census/find-census-data/quickstats/2021/313041372

5 4 2 O L D B AY R O A D , B U R P E N G A R Y


PAGE 18

EXPRESSIONS OF INTEREST FORM

I / We register our Expression of Interest to enter into negotiations to purchase the property located at 542 Old Bay Road, Burpengary East, QLD 4505. Date

PROPERTY DETAILS:

Address

542 Old Bay Road, Burpengary East, QLD 4505

Real Property Description

Lot 4 on Registered Plan 184394

Title Reference

16289165

Total Land Area

20,260m2* (2.026HA)

Local Authority

Moreton Bay City Council

EXPRESSION OF INTEREST:

Proposed Price * (GST Payable on this transaction)

Proposed Deposit

$

GST Exclusive

10% of the Purchase Price = $ GST Exclusive

Proposed Settlement Date Further Details or Information

(Finance, Conditions etc.)

DETAILS OF PROPOSED BUYER:

Full Name(s) Contact Address Contact Mobile

Company Name

Contact Email

(If applicable)

ABN GST Registered

ACN Yes

No

(please circle one)

DETAILS OF PROPOSED BUYER’S SOLICITOR (IF KNOWN):

Firm Name / Contact Address Contact Telephone

INFORMATION MEMORANDUM

Contact Email

(If applicable)


PAGE 19

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 Colliers 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 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. T o 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. Y ou 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.

5 4 2 O L D B AY R O A D , B U R P E N G A R Y


Chris Massie

Aaron Canavan

Director

Commercial Principal

0412 490 840

0447 744 948

chris.massie@raywhite.com

aaron.canavan@raywhite.com

Outline & Location Indicative Only

Prepared by: RWC Northern Corridor Group


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