Dexus Presentation

Page 1

P R E PA R E D F O R

DE X U S


O R PA S S I O N I S T O

C REAT E P L ACE S NOT J U S T S PAC E S


PLACES

WO R K I N G W E L L MORE AND MORE WE ARE SEEING COLOURFUL STREETSCAPES, COURTYARDS, LANEWAYS AND GARDENS CREATING A COMBINATION OF COVERED AND OPEN-AIR SPACES THAT HUMAN BEINGS ARE DRAWN TO. INSIDE RETAIL 27TH FEB 2018

/ Creating warm and vibrant community precincts / Established sense of community / Collaboration between businesses / Centralised artworks and shared space


PLACES

U N D E R S T RAIN RETAIL SUCCESS DEMANDS ATTENTION TO LOCATION, THE COMPANY YOU KEEP, HOW DIFFERENTIATED YOUR OFFER IS AND HOW WELL YOU EXECUTE INSIDE RETAIL 27TH FEB 2018

/ Sterile precincts: M&A Lane, Riparian Plaza / Different landlords - disconnected businesses / Hard surfaces, noisy, windy / Lack soul and warmth


C O M PA N Y P H I L O S O P H Y

C REAT E A P L AC E PE OP LE L OV E TO BE


CURRENT FOCUS

ST RAT E G I C PA R T N ERS H IP S FOR GROW TH PARTNER WITH LIKE MINDED DEVELOPERS CREATE WELL THOUGHT THROUGH DESIGN CREATE “PLACES” NOT JUST SPACES


6TH

3RD

WINNER

WINNER

RESULTS

YOUNG ENTREPRENEUR OF THE YEAR

BEST PIZZA RESTAURANT IN QLD/NT

3RD IN AUSTRALIA FOR BEST PIZZA

TRIP ADVISOR’S #6 BEST ITALIAN

2017 Tim was awarded the Young Entrepreneur of the year for Hospitality and Tourism for QLD/NT.

C&C won best pizza restaurant in QLD/ NT, and Comuna was a finalist for best small bar and best Mexican

C&C Elizabeth St is already rated as number 3 for best pizza

Number 6 best Italian in Brisbane on Trip Advisor.


CEO PROFILE

TIM JOHNSON

MCDONALDS 13 YEARS

INDOOROOPILLY

Team member through to Franchise Consultant

August 2015

ELIZABETH ST

VAPIANO 3 YEARS

September 2015

ALBERT LANE

GRILLED 2 YEARS State Manager Victoria and ACT 35 locations

YUM! 1.5 YEARS State Manager Vic/SA/Tas 90 locations

FONDA 1 YEAR GM of business – established systems and tripled profit

March 2016 COMPANY OWNERSHIP

EMPLOYMENT CAREER

Established fist two locations as National Ops

RHODES

July 2016

PACIFIC FAIR

September 2016

GARDEN CITY

November 2016


LEARNINGS

IN ORDER TO OPERATE A SUCCESSFUL HOSPITALITY BUSINESS IT HAS BECOME APPARENT THAT THERE ARE

3 KEY ELEMENTS THAT NEED TO BE EQUALLY FOCUSED ON AND CRITERIA ACHIEVED

RESTAURANT food/beverage quality, guest experience & team BUSINESS a proven and sustainable business model PROPERTY location, tenancy, fit out, landlord relationship and progressive design


BENEFITS OF

ON E OWN E R O PE RATO R OPERATIONALLY WE SEE THE FOLLOWING BENEFITS: / One owner and operator for fully cohesive and integrated design and operations / Reduced risk as proven operator in close proximity / Centralised prep kitchen / Centralised deliveries, waste etc / Operator willing and able to be nimble and evolve as to needs of Dexus and tenants


HOW WE SEE THE DEVELOPMENT

Building on the success of C&C we see the precinct to be activated in the following ways

CORBETT & CLAUDE 200 seats bar | pizza | share


HOW WE SEE THE DEVELOPMENT

Building on the success of C&C we see the precinct to be activated in the following ways

MR. CLAUDE 7am -o 4pm coffee shop high speed and high quality. With opportunity to operate high quality grab and go until 10pm


HOW WE SEE THE DEVELOPMENT

COMUNA CANTINA Latin street food concept 120 seats - cult following

Building on the success of C&C we see the precinct to be activated in the following ways


HOW WE SEE THE DEVELOPMENT

Building on the success of C&C we see the precinct to be activated in the following ways

MISS C WINE &TAPAS

WINE BAR 80 seat wine, retail and food experience – Cru bar style with aspirational but not pretentious vibe


HOW WE SEE THE DEVELOPMENT

Building on the success of C&C we see the precinct to be activated in the following ways LANEWAY & FOOTPATH 200 seats across all level ground – plants, festoon lights – ambient and unique LANEWAY & FOOTPATH DINING

MISS C WINE &TAPAS

LANEWAY & FOOTPATH DINING


HOW WE SEE THE DEVELOPMENT

Second scenario

MISS C WINE &TAPAS


HOW WE SEE THE DEVELOPMENT

Building on the success of C&C we see the precinct to be activated in the following ways

CORPORATE CATERING

WELLNESS ROOFTOP MISS C WINE &TAPAS

FUNCTIONS & EVENTS

READY MADE MEALS

ACTIVATIONS


VISUAL ELEMENTS

CO M UN A CA N T IN A

LATIN STREET FOOD CANTINA AND COCKTAIL BAR


V II S SU UA AL L E EL LE EM ME EN NT TS S V

CO RBE TT & CL AUD E

PIZZA AND BAR


VISUAL ELEMENTS

M R C L AU D E

COFFEE SHOP


VISUAL ELEMENTS

WINE BA R

CONTEMPORARY & RELEVANT BAR


VISUAL ELEMENTS

L ANEWAY

AUTHENTIC MELBOURNE STYLE AMBIENCE


VISUAL ELEMENTS

AN NEX DIN ING

HUSTLE AND BUSTLE OF ESP AND ROAD


OPPORTUNITIES

/ EXTERNAL SEATING PLAN Importance of design

/ PEDESTRIAN PATHS Connecting to laneway – wayfinding signage – capturing Eagle street and Creek street pedestrians.

/ LANDLORD WORKS Base build and tenancy integration

/ FIG TREES CONNECTION Importance of the feature unique to location

/ LOOK AND FEEL PLACEMAKING No large open areas – intimate areas e.g. The Grounds etc

/ LOADING AND SERVICING Efficiencies and linkages at 283 Elizabeth St

/ RELATIONSHIP WITH OFFICE PERSONNEL Potential for connectivity and menu planning for daily sustainable and healthy meal options


FINANCIAL MODEL

COMBINED Mr Claude, Comuna & Wine Bar Forecast P&L


FINANCIAL MODEL

COMBINED Mr Claude, Comuna & Wine Bar Forecast P&L


FINANCIAL MODEL

MR CLAUDE Forecast P&L


FINANCIAL MODEL

COMUNA Forecast P&L


FINANCIAL MODEL

WINE BAR Forecast P&L


DESIGN/STAGE ONE

NEXT STEPS

AFL We will put forward an offer to lease based on our financial forecast and feasibility

DESIGN Kitchen layouts front of house – look and feel

FEASIBILITY Full feasibility for the businesses

PROGRAMME From now until agreement for lease

CONFIDENTIALITY Require to be kept between the parties


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