INFORMATION MEMORANDUM
11-13 BERTHA STREET CABOOLTURE QLD 4510 Prepared by Chris Massie Senior Sales & Leasing chris.massie@raywhite.com 0412 490 840
Ray White Commercial North Coast Central
THE OPPORTUNITY Ray White Commercial North Coast Central is pleased to offer 11-13 Bertha Street, Caboolture for Sale. •1,358m2* of premium office space • $439,039.26* Net income • 3 Tenancies • 72 car parks including 43 secure underground car parks • Strong leasing history since construction • Full government tenancy compliance *Approximate, as supplied by the Vendor
EXECUTIVE SUMMARY The property
11-13 Bertha Street, Caboolture QLD 4510
Property description
Lot 100 on SP244544
Title reference
50880804
Zoning
Business or Centre
Local Authority
Moreton Bay Regional Council
Net Lettable area
1,358m2*
Land area
1,622m2
Net Income
$439,039.26* per annum
Sale Price
$5,959,000.00 Chris Massie SENIOR SALES & LEASING EXECUTIVE
Marketing Agent
E chris.massie@raywhite.com T 1300 25 50 75 M 0412 490 840
* Approximately ^ Important: Prospective purchasers conduct due diligence investigations of the property strictly at their own expense and risk, and the vendor will have no liability in relation to such expenses. Consent by the vendor to the conduct by any potential purchaser of due diligence activities or investigation will not in any circumstance be construed as a representation that the vendor will be exercising, or refraining from exercising its rights to deal with the property, or any representation that the vendor intends to contract with that potential buyer, or at all.
1
TENANCY INFORMATION Tenancy
1
Tenant
Blue Care
Size
932m2
Rent
$275,178.98* net Per Annum
Lease Term
Three (3) Years
Options
1 x 3 years
Lease Commencement
01-04-2018
Lease Expiry
31-03-2021
Increases
CPI
Tenancy
G1
Tenant
Intercept
Size
280m2
Rent
$102,097.25* net Per Annum
Lease Term
Two (2) Years
Options
1 x 1 year
Lease Commencement
19-09-12
Lease Expiry
18-09-2020
Increases
3%
Tenancy
G3
Tenant
Mobbs & Company
Size
146m2
Rent
$61,763.03* net Per Annum
Lease Term
Eight (8) Years
Options
NIL
Lease Commencement
1-02-2011
Lease Expiry
31-01-2019
Increases
4%
At Blue Care we put our clients’ individual needs first through a personcentred approach to care. Over a 60-year history of providing care and support, Blue Care is there for you when you need a helping hand. Our team of over 11,000 staff and volunteers work across Queensland and northern New South Wales to support people of all ages to remain connected to their communities and to remain as independent as possible. Blue Care’s experienced team partners with our clients and their families/ carers to achieve the best possible care that supports independence and quality of life. www.bluecare.org.au
Intercept represents the young people of Moreton Bay and speak out for those who need our help the most. If you’re aged 10-18 years and are having trouble at home, school or life – Intercept are there to help you through the tough times. There is always someone on hand to get you through life’s speed bumps. lccqld.org.au/community-services-youth-support-caboolture
Mobbs & Company have a specialised team to assist with all your Self Managed Superannuation Fund needs. We can assist with all areas of our Superannuation Fund, from setting up your SMSF to preparing your Financial Accounts and Taxation Returns. Our qualified staff are here to assist you; whether it is borrowing through your superannuation or any queries that you may have in between. You can be assured that we can simplify your affairs and offer you the accurate and professional advice that you need, in a timely manner. www.mobbsandcompany.com
TENANCY SUMMARY Est Outgoings
Net Rental
Lease Start
Lease End
Further Options
Increase
Blue care $316,880.00
63%
$41,701.02*
$275,178.98*
01-04-18
31-03-21
1 x 3 years
CPI
932
$295.26
Intercept
$117,052.57
23%
$14,955.32*
$102,097.25*
19-09-12
18-09-20
1 x 1 year
3%
280
$364.63
Mobbs
$71,122.69
14%
$9,359.66*
$61,763.03*
01-02-11
31-01-19
NIL
4%
146
$501,645.96 100%
$66,016.00*
$439,039.26*
Total
2
Income (exl GST)
%
Tenancy
Area m2
1,358*
Rate/ m2
$423.03 $323.30
Caboolture Square Shopping Centre
Court & Police Station
Centrelink & Medicare
Subject Property
Caboolture Train Station
Chris Massie Senior Sales & Leasing chris.massie@raywhite.com 0412 490 840
3
Medical Sports Clinic
Ray White Commercial North Coast Central ABN 98 933 833 870 raywhitecommercialnorthcoastcentral.com