4-6 M AC K I E WAY B R E N DA L E
For Sale - 3,809m2* Office/Warehouse Facility INFORMATION MEMORANDUM
* Approximately
A strong investment opportunity in the heart of Brendale Industrial Precinct
Strathpine Shopping Centre Gympie Road Office Works
Strathpine Train Station
Sci-Fleet Toyota
SUBJECT
South
PROPERTY
Pine R
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Shopping Centre
Leon
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INFO R M ATIO N M EM O R A N D U M
* Location and Outlines Indicative Only
Bruce Hwy Intersection
TJM 4 x4 Equipped Head Quarters
Brendale Kia
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CO N T E N T S
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The Opportunity
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Aerial Overview
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Asset Overview & Tenancy Schedule
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Tenant overview
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Town Planningl
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Location Overview
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Brisbane Drivers
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Major Projects Brisbane
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Disclaimer
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INFO R M ATIO N M EM O R A N D U M
* Location and Outlines Indicative Only
MA
C
W KIE
AY
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INFO R M ATIO N M EM O R A N D U M
T H E O P P O RT U N I T Y
RWC Northern Corridor Group are pleased to present to the market 4-6 Mackie Way. A strong industrial investment opportunity for sale in the heart of Brendale. THE PROPERTY OFFER THE FOLLOWING KEY FEATURES
7,381m2* land across 2 lots with 3,809m2* under roof $503,932* annual net income with CPI increases Additional $30,000* P/A solar rebate Fresh lease through to April 2028 to Sika Australia Multiple container height roller doors On site car parking & ample street parking
METHOD OF SALE
For Sale - $8,500,000 All enquiries in relation to this opportunity are to be directed to the marketing agent Aaron Canavan.
Aaron Canavan Commercial Principal
0447 744 948 aaron.canavan@raywhite.com
* Approximately
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AS S E T OV E RV I E W
Address
Legal Description
4-6 Mackie Way, Brendale, QLD 4500 LOT
PLAN
TITLE REFERENCE
24
On Registered Plan 119939
14337232
25
On Registered Plan 119939
14337233
Floor Space
3,809m2*
Land Area
7,381m2*
Total Site Area
11,190m2*
Site Description
The site comprises three (3) parcels situated adjacent to one another upon the corner of Lynwood Avenue and Mount Low Parkway. Each parcel is separately titled and connected to essential infrastructure and services.
Street Access
The site is provided by both of these streets with a bitumen sealed road providing access to each parcel.
Services
The properties are connected to all normal services including reticulated water, stormwater, sewerage, electricity and communication networks.
Local Authority
Moreton Bay City Council
TENANCY SCHEDULE
Tenant
Commencement
Expiry
Term
Rent P/A
Bond
Rent Review
Sika Australia
29/04/2021
28/04/2028
7 Years
$499,916.25 Net P/A + outs + gst*
NA
CPI Annually**
O U TG O I N G S
For details of outgoings please contact the marketing agent Aaron Cananvan
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INFO R M ATIO N M EM O R A N D U M
* Approximately
**From commencement date of lease
T E N A N T OV E RV I E W
Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting. Our leading technologies service the requirements of Residential and Commercial Building, Mining, Automotive, Industrial Manufacturing and Infrastructure projects around Australia and the world. Find out more about Sika Australia being a trusted partner to those servicing and specialising in The Building Finishing, Concrete, Waterproofing, Sealing & Bonding, Roofing, Flooring, Industrial and DIY Markets.
Industrial and Automotive Manufacturing
Residential & Commercial Construction
Tunneling and Mining
Tunneling and Mining
Largest manufacturer of one-component polyurethane sealants and adhesives. Sika Industry is the expert for bonding, sealing, damping, reinforcing and protecting solutions.
Sika Australia has a long history of innovation and quality that is trusted the world over when it comes to building homes, offices, roads, tunnels, stadiums, airports, mining, car parks.
For over a century, Sika has been involved in highly challenging tunneling and mining projects around the globe. Sika supplies solutions for the largest and technically most complex projects.
Infrastructure Sika has contributed superior product performance to fundamental facilities for countries across the globe with solutions for the construction or repair of roads, railways, bridges, tunnels, hospitals and stadiums.
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TOW AS S ENT POV L AENRV N IINEG W
Zoning Town Planning Purpose
General Industry 6.2.7.2 Purpose - Industry zone 1. The purpose of the Industry zone code is to provide for a range of service, low, medium, or high impact industrial uses. It may include non-industrial and business uses that support the industrial activities where they do not compromise the long-term use of the land for industrial purposes. 2. Industry areas contain high quality, fully serviced, accessible land accommodating a wide range of industrial and supporting activities in accordance with acceptable environmental standards and with minimal impact on surrounding uses. The purpose of the Industry zone code is to implement the policy direction as set out in Part 3, Strategic Framework. The Industry zone contains 5 precincts which have the following purpose: a. T he Mixed industry and business precinct will facilitate a range of low impact industry(42) and associated commercial uses which have a nexus with other industrial activities occurring in the precinct. b. T he Light industry precinct will facilitate and maintain the long term viability of a range of low impact and low intensity industrial and business activities which are compatible with adjacent commercial and residential areas. c. T he General industry precinct will facilitate and maintain the long term viability of a broad range of industrial uses which provide significant employment opportunities and require locations which are well separated from incompatible uses. d. T he Restricted industry precinct will support the continued viability of a range of high impact and hard to locate industrial uses which contribute significantly to the regional economy and require locations which are well separated from incompatible uses. e. T he Marine industry precinct will facilitate and maintain the long-term viability waterfrontbased industry and associated commercial activities which require direct access to a waterway.
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INFO R M ATIO N M EM O R A N D U M
* Location and Outlines Indicatives Only
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LO C AT I O N OV E RV I E W
BRENDALE INDUSTRIAL PRECINCT
Brisbane North’s premier industrial business precinct
Accommodates low and medium impact industries such as advanced manufacturing, construction, technology, retail trade and more
3km from Bruce Highway and 6km from Gateway Motorway for easy access to Brisbane’s CBD, Port of Brisbane and Brisbane Airport
24-hour general industry use
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Brendale is a suburb of Moreton Bay, part of the Pine Rivers district, and the premier industrial precinct in the region, strategically located just off the Bruce Highway, located 20 kilometres north-west of Brisbane CBD, with easy access to Brisbane domestic and international airports, and the Port of Brisbane. The southern boundary is the South Pine River, and the Strathpine railway station is on its eastern boundary.
Mostly light industrial and small manufacturing, Brendale is also made up of commercial, business, and retail. Now one of the fastest growing industrial hubs in the growth corridor north of Brisbane, Brendale is a hotspot for commercial real estate developers and investors, with high profile local, national, and international occupiers including Aldi’s 50,000-square-metre warehouse, TJM, Bunnings and Super Retail Group.
BRENDALE HISTORY Brendale was named in 1980 after a horse stud owned by a land developer. It was first settled in around 1870 with the flat grasslands proving good for dairy pasture, and open farm country was used for an airstrip during the war. Photo taken: 1972 Source: ourstory.moretonbay.qld.gov.au/ nodes/view/34214
THE ECONOMY Brendale has a diverse economy in which significant industries include Industrial, retail trade, health and education services, government administration, construction, mining, manufacturing, and property and business services. Together, Queensland Rail and b-double access to the Bruce Highway provide a transport hub for the region’s distribution centres and logistics industries, as well as for it’s many manufacturing and retail providers.
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B R I S BA N E D R I V E R S
BRISBANE CITY ECONOMIC PROFILE*
BRISBANE OLYMPIC GAMES*
• Greater Brisbane spans an extensive 1342.7km2 across South East Queensland.
The Brisbane 2032 Olympic and Paralympic Games will place Brisbane on the international stage, boosting tourism and investment into the region, creating an Olympic legacy for the city. These games are set to deliver $8.1 billion in benefits to Queensland including a $4.6 billion economic boost to tourism and trade and $3.5 billion in social improvements such as health, volunteering and community benefits. City-shaping projects like the Brisbane Metro, Green Bridges and the transformation of Victoria Park are already underway transforming Brisbane into ‘Australia’s New World City’.
• The Region produces significant economic output with an estimated $181 billion in Gross Regional Product in 2020-2021. • Brisbane boasts an extensive 130,0000 registered businesses and a labour force of more than 758,000 people. • Brisbane lies 77km north of the Gold Coast and 105km south of the Sunshine Coast. • Brisbane's prime location on Australia’s Eastern Seaboard conveniently positions the city close to Asia’s continually expanding market. • The Port of Brisbane is one of the fastest-growing container ports in Australia and is up to five sailing days closer to Asia than the ports of Sydney and Melbourne. • Brisbane Airport provides fast and direct access to Australia, Asia, the US and beyond. With 34 airlines now servicing Brisbane, it offers global connections and direct access to travel hubs including Singapore, Hong Kong, Los Angeles and Dubai.
* Source: available upon request
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INFO R M ATIO N M EM O R A N D U M
4 new sporting venues will be developed in the greater Brisbane area including Brisbane Arena, Chandler Indoor Sports Centre, Brisbane Indoor Sports Centre, Redland Whitewater Centre.
OVER $45 BILLION OF PUBLIC AND PRIVATE SECTOR INFRASTRUCTURE PROJECTS UNDER CONSTRUCTION OR IN THE PIPELINE, TRANSFORMING BRISBANE INTO “AUSTRALIA’S NEW WORLD CITY”.
QUEENS WHARF CASINO PRECINCT Under Construction (TBC 2024) $3.6 BILLION*
CROSS RIVER RAIL Under Construction (TBC 2024) $5.4 BILLION*
BRISBANE METRO Under Construction (TBC 2023) $1.24 BILLION*
BRISBANE LIVE Under Construction (TBC 2024) $3.6 BILLION*
MELBOURNE TO BRISBANE INLAND Under Construction (TBC 2025) $8.4 BILLION*
GREEN BRIDGES PROGRAM Under Construction (TBC 2025) 300 MILLION*
BRISBANE AIRPORT EXPANSION Completed (2020) $1.35 BILLION*
WATERFRONT BRISBANE Commence construction 2022 (TBC 2026+) $1.0 BILLION*
BRISBANE QUARTER Completed (2021) $1.0 BILLION*
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INFO R M ATIO N M EM O R A N D U M
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. 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.
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4-6 M AC K I E WAY B R E N DA L E
Presented by: RWC Northern Corridor Group
Aaron Canavan Commercial Principal
0447 744 948 aaron.canavan@raywhite.com
raywhitecommercialncg.com