Information Memorandum | 23 Bunya Street, MALENY

Ray White Commercial Northern Corridor Group

23 BUNYA STREET, MALENY QLD 4552

ADDRESS 23 Bunya Street, MALENY QLD 4522

PROPERTY DETAILS Lot 22 on RP43331 Lot 1 on SP139495

BUILDING AREA Building 1: 190.6m2* Building 2: LEASED Shed: 33.6m2

BITUMEN HARDSTAND 934m2*

LAND AREA 2,635m2

LOCAL AUTHORITY Sunshine Coast Regional Council

ZONING District Centre Zone

OUTGOINGS $28,894.23 P/A

FOR LEASE Building 1: $48,000pa + Outgoings + GST

Samuel Hoy and Megan Turner from Ray White are excited to present 23 Bunya Street, Maleny to the market for lease.

Located on the main thoroughfare and in District Centre Zoning, the site offers a unique opportunity for a wide range of businesses to take advantage of a destination property.

With multiple buildings, access points and a large amount of additional land, businesses have the ability to create something special.

FEATURES:

• Building 1: 190.6m2

• Building 2: 388.9m2

• Shed: 33.6m2

• Land: 2,635m2

• High profile corner site

• Ample car parking

• Suites a range of industry types

Maleny is a picturesque town located in the Sunshine Coast hinterland of Queensland, Australia. Known for its stunning natural beauty, rolling green hills, and lush rainforests, Maleny offers a unique charm that attracts residents and visitors alike. From a commercial real estate perspective, Maleny presents both opportunities and challenges. Here's an overview of Maleny's commercial real estate scene:

LOCATION AND ACCESSIBILITY

Maleny is situated approximately 90 kilometers north of Brisbane, making it easily accessible from the state capital. The town enjoys convenient road connections, primarily through the Bruce Highway and Landsborough-Maleny Road. Its tranquil setting and proximity to nature are attractive to certain businesses.

BUSINESS CENTRE

Maleny has a vibrant commercial hub centered around Maple Street, the main thoroughfare. The street is lined with boutique shops, art galleries, cafes, and restaurants. These businesses cater to both locals and tourists who visit the area, providing a unique shopping and dining experience. Commercial properties in this area can be highly sought after, particularly for those looking to establish retail or hospitality ventures.

TOURISM AND HOSPITALITY

Maleny is a popular tourist destination, thanks to its stunning natural landscapes, charming village atmosphere, and the nearby Glass House Mountains. The tourism industry plays a significant role in the local economy, driving demand for accommodation, dining establishments, and various tourist-oriented services. Commercial real estate opportunities in this sector may include hotels, bed and breakfasts, eco-lodges, and event venues.

LIFESTYLE AND WELLNESS

Maleny has a reputation for promoting a healthy and sustainable lifestyle. The town is home to numerous health and wellness businesses, including yoga studios, alternative therapy centers, and organic food stores. With an increasing focus on holistic well-being, there may be potential for commercial real estate ventures catering to this niche market.

AGRICULTURAL AND FARMING OPPORTUNITIES

The Sunshine Coast hinterland, including Maleny, is known for its fertile land and agricultural activities. The area is dotted with farms, orchards, and dairy operations. Commercial real estate options may include agricultural land, rural properties, or facilities catering to farm-to-table businesses, such as organic farming, farm stays, or artisanal food production.

LIMITED COMMERCIAL SPACE

Due to the town's focus on preserving its natural beauty and rural charm, there is a limited supply of commercial real estate in Maleny. This scarcity can drive up property prices and pose challenges for businesses seeking to establish a presence in the area. However, it also presents an opportunity for investors looking for niche markets and unique offerings.

Overall, Maleny's commercial real estate scene revolves around its business hub, tourism and hospitality, lifestyle and wellness, and agricultural activities. While the availability of commercial properties may be limited, the town's unique appeal and strong community spirit make it an attractive location for businesses looking for a distinctive and nature-centric setting.

Located west of the highway in the lush Sunshine Coast hinterland, the historic railway townships of Palmwoods and Woombye at the foot of the Blackall Range, and the vibrant villages of Mapleton, Montville, and Maleny atop the Range, are amongst the most desirable of hinterland suburbs in terms of investment and tourism.

All had their original roots in agriculture/farming and have evolved over time to facilitate a range of other industries with a particular focus on tourism (including eco-tourism), dining/hospitality, gallery trails, wineries, general retail, light manufacturing, and micro-industries that can be very niche.

Montville and Maleny in particular have really made a significant dent into the wedding sector, the dominant players in the entire region in this market, which quaint purpose-built chapels, reception centres, boutique accommodation, always with a spectacular backdrop perfect for photos and ambience.

With their quick easy access to rail – Woombye and Palmwoods towns have both thrived, with strong growth in residential population driving demand for services and infrastructure within these communities. Both of these townships also have quick easy access to the Bruce Highway, another attractive benefit for commercial investors.

As the population along the coastal strip swells and land becomes scarcer, these hinterland townships will experience a surge in population growth that will create opportunities for commercial development across a number of sectors. There is also the future possibility of the rail line duplication which will create faster travel to Brisbane and grow the commuter belt along these railway townships.

SUNSHINE COAST AIRPORT MASTER PLAN

Maximising the economic return from the recent $334 million expansion project. The expanded airport provides a direct gateway to the region and to a greater range of locations in Australia, Asia and other international destinations. It is now the HQ for Bonza, Australia’s newest airline, which is rolling out 15 regional routes across Australia. Further development, to be delivered under the Airport Masterplan, will provide exciting and diverse opportunities in the Australasian aviation market.

MAROOCHYDORE CITY CENTRE

Maroochydore City Centre is Australia’s newest greenfield CBD and aims to be Australia’s first truly smart city, just 15 minutes from the Sunshine Coast Airport and 20 milliseconds from Asia via the new broadband submarine cable. Master-planned from the ground up, the new CBD will offer capital city infrastructure and has been designed for the Sunshine Coast lifestyle, with almost 18 hectares of parklands and waterways.

SUNSHINE COAST HEALTH PRECINCT

The health and wellbeing industry is booming on the Sunshine Coast, propelled by the $5 billion Sunshine Coast Health Precinct, which is Australia’s largest health infrastructure project currently being developed.

BRUCE HIGHWAY UPGRADE

$1.6 billion expansion and upgrade. The upgrade includes three projectsCaloundra Road to Sunshine Motorway, Maroochydore Road/ Mons Road interchanges and Sunshine Motorway to Maroochydore Road.

MASS TRANSIT SOLUTION

9,000 jobs | $3.6 billion contribution to the economy. To protect the Sunshine Coast’s enviable lifestyle as it grows, a high-quality mass transit system will be essential. Sunshine Coast Council has undertaken detailed planning for a mass transit solution over many years. In a major milestone for the project, a detailed report of mass transit options, informed by extensive community feedback, was approved by council in October 2021.

BLUE HEART SUNSHINE COAST

5,000 hectares - sustainable, adaptive floodplain management and blue

The Sunshine Coast will play an integral role in Brisbane 2032 Olympic and Paralympic Games. It will be home to four key venues and several sporting events during the Olympic Games. These include football, basketball, marathon, mountain biking, cycling and kiteboarding.

D I S C L A I M E R

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 b y 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.

Ray White Commercial Northern Corridor Group

Michael Shadforth Director - Commercial Principal 0488 981 076 michael.shadforth@raywhite.com

Samuel Hoy Sales & Leasing Executive 0423 795 273 samuel.hoy@raywhite.com

David Goldsworthy

Sales & Leasing Executive 0481 996 794 david.goldsworthy@raywhite.com

Monique Dalton

Sales & Leasing Associate 0481 979 807 monique.dalton@raywhite.com

Charlee Livesey

Sales & Leasing Associate 0431 135 900 charlee.livesey@raywhite.com

Cassie Mahoney

Senior Administrator

1300 255 075 cassie.mahoney@raywhite.com

Hayley Livingstone

Senior Administrator

1300 255 075

hayley.livingstone@raywhite.com