Information Memorandum | 56 Coman Street, South Rothwell | Ray White NCG

Ray White Commercial Northern Corridor Group is pleased to offer 56 Conman Street South, Rothwell for Sale.

Features:

- 9,825m2* approved development site in North Brisbane's premier growth hub with only 40 minutes* to the Brisbane CBD

- Development approval for 147 bed residential aged care plus community facilities or 147 bed supported living facility

-Potential for other development options including residential, commercial or mixed-use development (STCA)

- Located in close proximity to a large variety of local shopping, public transport, health and medical facilities

- 5.5km* to Westfield North Lakes & 2.5km* to Rothwell Rail Station

For more information or to book an inspection, please contact agents Aaron Canavan and Chris Massie.

*Approximately

EXECUTIVE SUMMARY

ADDRESS 56 Coman Street South, Rothwell QLD 4022

REAL PROPERTY DETAILS L10 SP167736

TITLE REFERENCE 50792548

ZONING Centre - Specialised Centre

SITE AREA 9,825m²*

LOCAL AUTHORITY Moreton Bay Regional Council

SALE PRICE Present all Offers

APROVALS

Current Approval: Development permit for Community Well-Being Facilities, Special Needs Housing (147 Beds) and Food Service (Superseded Planning Scheme)

Lapsed Approval: Development Permit for Special Needs Housing, Community Well-eing Facilities (147 Beds), and Food Service (Café)

Copies ofDevelopmentApprovals&plansavailableuponrequest

* Approximate

WHY INVEST?

WHY MORETON BAY REGION?

The mega council region of Moreton Bay north of Brisbane is required to build another 88,300 homes over the next 22 years, according to the South East Queensland Regional Plan 2017.

During that time the council, which is already the third largest in Australia, is expected to grow from 459,600 to 690,000 residents –more than the state of Tasmania.

There are few regions in the country more unanimously exciting than the Northern Corridor between Brisbane and the Sunshine Coast.

CABOOLTURE WEST “SLEEPING GIANT”

Located circa 20km west of the property is Caboolture West, a 3,480ha parcel earmarked to house more than 68,000 new residents. This is a larger population than Rockhampton and would be the eighth largest city in Queensland.

The development is now being fast tracked, with the first application being lodged by key developer AVJennings for an initial 8,700 homes.

MORETON BAY REGION

RESIDENT WORKFORCE

Our region is a diverse economy and a hive of opportunity. The local areas are hubs of innovation and industry, and home to an existing skilled labour force.

The region is home to leading manufacturers in construction, machinery, agribusiness and beyond. Moreton Bay currently provides access to local jobs for 66% of working residents. 37.6 years Median age (2017)

7.3% Unemployment (March qtr 2019) $650 Weekly personal income (2016) 118,800 Local jobs (2018)

357,499 (2008) 29% increase $8,928 million (2008) 108% increase 103,280 (2011) 15% increase $806 million (2008) 6.1% (Qld) 33% increase since June 2016 $247 million (2008) +0% (Qtrly change)

MAJOR REGIONAL PROJECTS

• Council’s $655 million 2019/20 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.

Minutes from airport to: Redcliffe - 25 mins Strathpine - 20 mins Caboolture - 35 mins

• USC Moreton Bay Campus at Petrie will open in early 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.

ECONOMIC DEVELOPMENT IN ACTION

MORETON BAY: OUR GROWING REGION

Moreton Bay Region is expected to increase its population by 240,000 by 2041, to approximately 690,000. This represents more than a 50% increase over the next 25 years. By comparison it is anticipated that by 2031 the Moreton Bay Region will have a larger population than Tasmania.

THE MILL AT MORETON BAY: A BRIGHT FUTURE

With a University of the Sunshine Coast campus at its core, The Mill at Moreton Bay will be a thriving major precinct generating higher education and employment opportunities.

Located at Petrie, it is on track to welcome students in 2020 and will be supported by additional work, study and community facilities.

The 2016 Census recorded North Lakes as the fastest-growing area in Queensland.

Our region has the ninth highest number of registered businesses of any other local government area in Australia.

Home to over 32,300 registered businesses, supporting more than 118,800 jobs.

Substantial growth in suburbs along the Redcliffe Peninsula rail corridor, with over 50,000 jobs forecast by 2036.

One of Queensland’s strongest economies with our Gross Regional Product exceeding $18 billion.

Since 2010 the number of visitors to the region has increased to 3.6 million, generating $1 billion for the local community.

For more information about Moreton Bay Regional Council’s Economic Development Action Plan visit mbrc.qld.gov.au/economic-development/action-plan

$35 million grant from the Federal Government

connecting communities through a transport network

10,000 students in the first 10 years

110 hectares of environmental corridors

6,000 ongoing jobs

$950 million* annual industry output in the greater Moreton Bay Region

* Estimated by KPMG 2015

The Mill at Moreton Bay is a strategic land holding purposed to supply education, employment and lifestyle services to cater for Moreton Bay’s growing population. We look forward to discussing opportunities for investment.

For more information about this project, or to learn how you can be involved, visit moretonbay.qld.gov.au/themill

Concept images of University of the Sunshine Coast Moreton Bay Campus.

Suburbs along the Redcliffe Peninsula Rail Line will be home to over 50,000 jobs by 2036.

Aerial view of works at The Mill at Moreton Bay site in May 2019.

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 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.

CHRIS MASSIE DIRECTOR - COMMERCIAL PRINCIPAL 0412 490 840 chris.massie@raywhite.com

PINE RIVERS

BROCKE HAMBRECHT

SALES MANAGER & AUCTIONEER 0466 599 724 brocke.hambrecht@raywhite.com

MICHAEL SHADFORTH DIRECTOR - COMMERCIAL PRINCIPAL 0488 981 076 michael.shadforth@raywhite.com

ASHLEY REES DIRECTOR - SENIOR ANALYST 0411 707 410 ashley.rees@raywhite.com

AARON CANAVAN ASSOCIATE DIRECTOR 0447 744 948 aaron.canavan@raywhite.com

TREVOR NELSON-JONES

SALES & LEASING EXECUTIVE 0407 736 521 trevor.nelson-jones@raywhite.com

ROB DAWSON

SALES & LEASING EXECUTIVE 0422 786 205 rob.dawson@raywhite.com

JULIE RYAN MAJOR ASSET SALES 0447 445 453 julie.ryan@raywhite.com

EMILY PENDLETON ASSOCIATE DIRECTOR 0402 435 446 emily.pendleton@raywhite.com

BLAKE PRIMROSE SENIOR SALES & LEASING EXECUTIVE 0423 555 043 blake.primrose@raywhite.com

SEAN SKEFFINGTON

SALES & LEASING EXECUTIVE 0422 587 143 sean.skeffington@raywhite.com

CHRISTINE FRENEY SALES & LEASING EXECUTIVE 0432 170 380 christine.freney@raywhite.com

SHAYNA KIRK GROUP EXECUTIVE ASSISTANT 0433 574 694 shayna.kirk@raywhite.com

LUKE HOBMAN

SALES & LEASING EXECUTIVE 0434 053 164 luke.hobman@raywhite.com

BLAKE WEIGEL SALES ASSOCIATE 0434 552 331 blake.weigel@raywhite.com

MICHAELA WEBB

PERSONAL ASSISTANT TO CHRIS MASSIE 0409 202 066 michaela.webb@raywhite.com

SARAH BENBOW ADMINISTRATION ASSISTANT 0401 665 998 sarah.benbow@raywhite.com

STACI TOBIN ADMINISTRATION ASSISTANT 0466 248 654 staci_tobin@raywhite.com

SAMUEL HOY SALES & LEASING EXECUTIVE 0423 795 273 samuel.hoy@raywhite.com

BRENDAN KING MARKET ANALYST 1300 255 075 brendan.king@raywhite.com

DAVID GOLDSWORTHY

SALES & LEASING EXECUTIVE 0481 996 794 david.goldsworthy@raywhite.com

DWAINE BATHERN SALES & LEASING ASSOCIATE 0499 568 419 dwaine.bathern@raywhite.com