Test Only - October

P O R T F O L I O OCTOBER 2021

NSW PUB MARKET: THE ROAD POST LOCKDOWN How to find a commercial tenant

Supermarkets thrive through demand for certainty

A first look at the latest commercial property opportunities

ANDREW FREEMAN Head of Agency Operations

With vaccination rates continuing to climb around the country, we are moving ever closer to the 70 per cent and 80 per cent double dose triggers to reopening Melbourne and Sydney. The respective roadmaps have projected these vaccination targets will be achieved this month. Will the opening up of New South Wales, Victoria and New Zealand fuel the already supercharged real estate markets?

The reserve busting results continue to surprise throughout most markets.

Thomas Clark and Ryan Langham’s (Broadbeach) auction result at 4 Wrights Place Arundel achieved a massive $1,400,000 above the reserve, clearly demonstrating that demand for quality commercial/industrial real estate is outstripping supply.

Our National Auction Portfolio is fast approaching with the event streaming live around the country on Thursday 11 November. Combining the traditional environment of the auction room (where permitted) with the online auction technology, is clearly winning with buyers both locally and abroad. Registered bidder and active bidder numbers have doubled since providing an easier way for interstate buyers to participate.

This month Ray White Commercial welcomes our newest business to the Brisbane market, Industrial Southwest. The team of industrial specialists already have an outstanding reputation throughout Brisbane’s South West Corridor and will continue to build on an already impressive business.

In what continues to be a stellar pair of careers, Directors of Ray White Commercial Noosa and Sunshine Coast North Paul Butler and Paul Forrest celebrate 15 years in partnership at Ray White Commercial. We are so privileged to have such quality operators and leaders representing our network. Here’s to many more years!

QUICK JUMP TO A REGION QLD

NSW

VIC/SA/TAS

WA

NZ

PORTFOLIO | Ray White Commercial | 3

VANESSA RADER Head of Research

NSW PUB MARKET THE ROAD POST LOCKDOWN As New South Wales vaccination rates progressively rise, the Australian population is looking towards the end of the lockdown and anticipated ‘freedoms’ by mid-October, 2021. This current lockdown period which commenced on 26 June, has maintained businesses in a suspended state of uncertainty; comprising work from home mandates, the forced closure of retailers and a halt to trade for many operators including in the pub sector.

When these restrictions ultimately lift later this month, there will still be ongoing regulations governing patron capacity numbers by virtue of social distancing orders; however, it is only anticipated that these restrictions enjoy validity for weeks and not months.

Yet despite the months of closures, the inimitable appetite for investors seeking entry points into the pub sector has meant we have seen remarkable growth in sales activity during this particular lockdown period; materially outstripping results seen during and post the 2020 lockdown equivalent.

This strong level of activity highlights the confidence in the sector, as well as the consequent and widely anticipated demand going forward; making pub investments an attractive investment choice.

So whilst the volume of transactions continues to augment rapidly, the geographical profile of sales 4 | PORTFOLIO | Ray White Commercial

concluded has experienced differentiation. The increase in transactions has been amplifying in NSW since March 2021, and during this time we have witnessed a significant increase in Regional activity; notably in the sub $10 million price point. Historically, demand for Regional assets has not been at the same level as that of its Metropolitan counterpart; however, a definitive trend has emerged, propelled by experienced pub investors highlighting the long-term confidence in our Regional markets.

The lower price point at a circa $10 million mean, serves to avail itself to new and emerging players; and which has placed further downward pressure on already contracted yields.

As an active participant, HTL Property has closely monitored NSW pub sales during the full period of the pandemic. During the onset of Covid-19, most property markets found themselves in an opaque state of uncertainty, and this challenged sentiment saw the majority of both buyers and sellers adopt a ‘wait and see’ holding pattern type attitude. The net result being a significant decline in sales activity, and the traditional pub market was no different.

However, moving into 2021, we have seen substantial shifts in the levels of market confidence, spearheading a robust increase in both demand and transactional activity.

NSW PUB TRANSACTIONS BY LOCATION & LOCKDOWN

Source: HTL Property

HTL Property’s recent analysis has highlighted that during the first lockdown there were very few transactions recorded, with high value Metropolitan assets dominating the landscape. Even post lockdown and with restrictions easing from 1 June 2020, we saw very few sales occur; albeit a growth in the Regional sector at a lower price point ensued. By the end of 2020 we saw confidence return with transactional activity demonstrably improving; albeit again dominated by the circa $10 million price point represented by Regional transactions. Whilst larger Metropolitan transactions continued to take place.

As we entered 2021, the post lockdown world reveled in an environment where trade was up, many businesses had returned to work, employment rates looked favorable; and commercial sales activity across the country had rebounded in earnest.

For the Traditional Pub market, this was no different; and the weight of funds orbiting the marketplace were enabled by both first and second tier lenders, making investment in the asset class more accessible than ever before. In early 2021 there we posted record levels of sales transacting, with the first six months of the year recording $596.5 million across 49 unique transactions. In fact, this continuing momentum has not been stifled by the lockdown announced on 26 June 2021; and remains allergic to inertia despite the current cessation of trade continuing through to the current period. On the contrary, transaction levels have exceeded all expectations.

To read the full report including our outlook on the remainder of 2021 visit our website: https://htlproperty.com.au/research/

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SUPERMARKET ASSETS IN DEMAND AS INVESTORS SEARCH FOR CERTAINTY DURING PANDEMIC Supermarket assets have been in hot demand throughout the pandemic as investors look for some certainty in a time of uncertainty.

“The supermarket appetite from investors has been insatiable with our most recent campaign, the Tugun IGA, attracting over 355 enquiries,” he said.

While most retail markets have been majorly affected by the pandemic, Ray White Commercial head of research Vanessa Rader said supermarkets and convenience centres have received a boost.

“Assuming they are a strong performing supermarket and dominant in their catchment, they are proving to be one of the most fundamental and basic needs during this everlasting pandemic, which is being recognised by all investors.”

“Local convenience centres with supermarket anchors have been in high demand by a growing number of private investors over the last couple of years due to their stable returns and affordable entry price,” Ms Rader said.

“Stand alone supermarket assets can transact in the sub 4 per cent yield range as investors vie for quality, long term lease covenant.”

This was reflected recently with the sale of the Tugun Beach IGA, which was sold by Ray White Commercial Queensland agents Lachlan O’Keeffe and Michael Feltoe for $6.9 million with a yield of 3.94 per cent.

Mr O’Keeffe said the essential nature of supermarkets had been driving demand throughout the pandemic.

In Sydney, Ray White Commercial Western Sydney agents Jai Sethi, Victor Sheu, and director Peter Vines sold IGA Lalor Park at auction for $3.63 million with an initial yield of 3.9 per cent.

“Investors continue to seek out a secure return on their money in a time of uncertainty,” Mr Vines said.

“Supermarkets are non-discretionary and are tenants that can and will continue to trade despite any lockdowns.

“There has been a lack of these investment opportunities for investors which is resulting in very sharp pricing and record results for these types of assets.”

Supermarket investment opportunities currently include the Eastwood Aldi supermarket in NSW, and the Millmerran and Monto IGA supermarkets in Queensland.

6 | PORTFOLIO | Ray White Commercial

RETAIL PROPERTY SELLS FOR $1M ABOVE RESERVE DURING FIERCE ONLINE AUCTION After hitting the market for the first time in 20 years, 382-384 Warrigal Road, Ashburton, has sold for more than $1 million above the reserve via online auction.

The 550sqm* retail building received keen interest with 76 enquiries prior to auction and 25 registered bidders on the day.

There were 10 bidders active during the 56 minute auction, with interest coming from interstate investors, the current tenant, and an investor from Singapore.

The bidding started at $1.9 million, with 182 bids placed throughout the auction.

Ray White Commercial Oakleigh agent Theo Karkanis said the tenant placed a bid $750,000 above his previous offer to the vendors.

“This goes to show that even if you have one interested person in your property, you should always invest in an agent to market and introduce multiple buyers to ensure

that you receive maximum return for your asset,” Mr Karkanis said.

“In this instant the tenant wasn’t even the successful bidder, with three others pushing the price a further $150k above the tenant with the property selling for just over $3.2 million.”

The winning bid went to a local investor for $3.201 million.

Mr Karkanis said the fact the property was fully-tenanted made it an attractive opportunity for buyers.

“Given the uncertainty with lockdowns in Melbourne coupled by rent relief requests from tenants -- I think the fact that this tenant is Covid-proof, deemed essential, and continues to operate throughout this period whilst never seeking rent relief, is what made the property all the more secure and attractive to investors,” Mr Karkanis said.

PORTFOLIO | Ray White Commercial | 7

RAY WHITE COMMERCIAL WESTERN SYDNEY TEAMS UP WITH THE CHAMPIONS Giving back to the community is important to Ray White Commercial Western Sydney, which is why director Peter Vines chose to partner with The Champions’ Nic Newling to share an important message around mental health with high school students.

The Champions in 2016 to share his story encourage helpful conversations around mental health, suicide prevention, and getting the most out of life.

Mr Vines and Mr Newling, who grew up together on the Northern Beaches, both share a passion for spreading mental health awareness to young people.

“Mental health is a massive issue throughout Australia, and throughout the world, but I think, in particular, it’s a very big issue among our teenagers,” Mr Vines said.

After losing his brother to suicide, and suffering his own mental health challenges, Mr Newling started

“I think young people are dealing with a whole lot of their own sort of challenges in life and finding out who they are.

8 | PORTFOLIO | Ray White Commercial

Mr Vines said The Champions sent a message which was close to his heart.

“Having had challenging teenage years myself, I thought the work Nic was doing and the message he’s spreading was incredibly important for people to hear.”

Mr Newling travels to schools speaking to students about mental health and the importance of reaching out.

“The message I try to bring to young people is that there’s so much more to mental health and mental illness than what we learn about in health science -- there’s real people and real experiences behind those facts and figures,” Mr Newling said.

“I speak about what my experience was like going through school and being someone who was really into the academic side of it, but then, pretty early on in the piece, was sort of torn apart by being mentally quite unwell.

“And for the rest of my schooling years being in and out of hospital, and having to let go of all the things that I really looked forward to, and learning for the first time how to actually get help for all this stuff.

“Then, while all of this was happening, I suddenly lost my brother to suicide and had to grieve and try to learn how to cope -- I wouldn’t have managed without support.

“They were people who were very much like ‘I climbed a mountain to overcome all these things’ and I sort of thought ‘well that’s not me, I can hardly get out of bed, so I can’t get on board for that’.

“I thought how can we convey that we all go through different stuff in our lives, and it doesn’t make us flawed, or weak or less of a person, it’s just part of human experiences.

“And when things get too much to manage by ourselves, let’s look at getting support through friends, family, and professional support services.”

Mr Vines said he’s funding The Champions to speak at up to 20 more schools every year in the Western Sydney area.

“It’s about participating in and giving back to the community,” he said.

“It’s helping him get Nic to speak at particular schools that might not have the financial means to do it, in the heartland of the area where we conduct all our business.

“The more people he talks to the more people he can potentially change their lives and change the lives of the people around them.”

“So it’s about telling this story, not sugar-coating it, and discussing what people can do to help themselves and each other.”

Mr Newling said when he was at school and was struggling with his mental health, a lot of the speakers coming to his school were aspirational speakers in the form of Olympians and footy players as opposed to regular people he could relate to.

PORTFOLIO | Ray White Commercial | 9

HOW TO FIND A TENANT FOR YOUR COMMERCIAL ASSET For commercial property investors, the pandemic has brought a new wave of concern regarding the occupancy of assets and longevity of tenants.

While we have seen some tenant and asset types performing better than others during lockdown conditions, there have also been segments of the market which have seen large increases to vacancies which in turn are likely to impact rents in the short term.

10 | PORTFOLIO | Ray White Commercial

Recent results from the Property Council of Australia’s Office Market Report, shows that Australian office vacancies have increased from 8.4 per cent 18 months ago to 11.9 per cent in July 2021. Despite this total increase, there are some markets faring better than others, such as Perth which has seen a positive take up of 19,697sqm and Gold Coast which has had the greatest level of demand since 2006.

The improvements in these locations hinged on robust border controls, keeping lockdowns minimal and interstate migration notably from the lockdown states of Victoria and New South Wales.

For the industrial market, strong demand has kept occupancy high across most markets, particularly those within close proximity to road/rail nodes, while the retail market has seen some difficulties. Again, this can vary by locations impacted by lockdowns or changing regulations regarding operations, however convenience-based food retailing remains the greatest growth sector for retailers.

With these ongoing changes to lockdowns and health orders, it may be a difficult time to keep your commercial assets fully occupied particularly in some parts of the country. However, there are a number of steps a landlord can take to help keep your property occupied or attract a new tenant.

• Agent selection – be confident that the agent you have appointed is knowledgeable on the asset and location of your property. Don’t be fooled by promises of high rents or quick results, look towards an agent who can provide evidence of recent transactions, track records and those who understand current legislation.

• Advertising – with the on-again, off-again restrictions changing the ability for prospective tenants to inspect your property, it’s important that your property is visible and shown in its best light. Quality photography, floor plans and video walkthroughs are useful tools when marketing your property at times when inspections are not possible, while advertising on major portals often ensures your property is seen by the widest range of prospective tenants.

• Capital expenditure – if your property has become vacant, perhaps now is the time to invest in upgrades to your property. This could be as little as a coat of paint, upgrade to bathroom facilities/entry foyer, landscaping or a total refurbishment.

This will make your asset stand out from the rest; particularly during the pandemic, many tenants are likely to be attracted to a clean, fresh asset with high standards of hygiene.

Speak with a Ray White Commercial agent via https://www.raywhitecommercial.com/

VANESSA RADER Head of Research

PORTFOLIO | Ray White Commercial | 11

MIXED-USE PROPERTY WITH WOW-FACTOR SELLS IN HEART OF BRISBANE DURING PANDEMIC Just a stone’s throw from the Brisbane CBD, in the heart of Fortitude Valley, 608 Wickham Street has sold for $2.2million.

“It’s also in a great CBD location with fantastic exposure to Wickham Street.” Mr Kidd said most of the interest had come from local investors.

The two-storey, mixed-use property comprises two commercial spaces downstairs and three residential units upstairs.

“We’d conduct inspections each Friday and would have three to four parties each week in attendance,” he said.

The commercial spaces are currently tenanted by a bar/bistro on the left, and a modern lighting showroom on the right.

“Lockdowns prevented most southern buyers from attending.”

The residential spaces are generally leased by longterm tenants.

Ray White Commercial QLD salesperson Stephen Kidd said the property received 140 enquiries during the campaign, with a Brisbane investor purchasing the property.

“The property is fully-leased with a great mix of tenants to help diversify the risk,” Mr Kidd said.

“The two commercial tenants have outstanding fitouts and great offerings which made the initial ‘wow’ factor of the property very appealing.

12 | PORTFOLIO | Ray White Commercial

With increased demand for southeast Queensland commercial assets, Mr Kidd said the level of enquiry was continually ramping up.

“The new benchmark in level of enquiry keeps getting set each campaign,” he said.

“Over 100 enquiries per campaign for leased investments is becoming the norm and we are rapidly approaching 150 inquiries per campaign as the new norm.

“It’s positive for the real estate market as this means there are plenty of buyers out there which makes the environment more competitive, which is great for sellers.”

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DA APPROVED SITE FOR 17 APARTMENTS + GROUND FLOOR RETAIL 347 Port Hacking Road, Caringbah, NSW

Boundary Indicative Only

AUCTION

Tuesday 2nd November 2021 at 10:30am (AEDT) • DA approved for 17 residential • Approved residential GFA of 1302 sqm* apartments plus ground floor retail • 3.5km to Cronulla Beach • Site Area of 702 sqm* • 250m* to Caringbah train station and • Zoned B3: Commercial Core town centre • Desirable apartment mix (2 x 1 bedroom, 2 x 3 bedroom, 13 x 2 bedroom)

Samuel Hadgelias 0403 254 675 shadgelias@raywhite.com Jeff Moxham 0413 838 339 jmoxham@raywhite.com

*Approx

raywhitecommercialnsw.com

LANDMARK DEVELOPMENT SITE WITH PARTIAL DA APPROVAL (RECEIVERS AND MANAGERS APPOINTED) 4 Terminal Place and 224-240 Pitt Street, Merrylands, NSW

Boundary & Locations Indicative Only

EXPRESSIONS OF INTEREST

Closing on Thursday 21st October 2021 at 4pm (AEDT) • Mixed-use master plan site with partial DA approval • Total site area of 21,480 sqm* • DA Approved^ for 365 residential units, retail space & basement parking for 534 cars (Site C only)

• Proposed master plan for an additional 647 units plus retail and open space (STCA) (Sites A & B) • Close proximity to major employment hubs including Parramatta CBD and Westmead Health Precinct

Jeff Moxham 0413 838 339 jmoxham@raywhite.com Peter Vines 0449 857 100 peter.vines@raywhite.com

*Approx

raywhitecommercialnsw.com

MUST BE SOLD - DA APPROVED BOARDING HOUSE SITE 18 Bosworth Street, Richmond, NSW

Artists Impression

EXPRESSIONS OF INTEREST

Closing Thursday 12th October 2021 at 3pm (AEDT) • Approved for 20 rooms + a manager's room and ground floor commercial /retail • Site area of 461.6 sqm* • Zoned B2: Local Centre • Flexible alternate uses under the B2

Zoning • Efficient design layout with onsite parking • 550m* to Richmond station train station and town centre

Samuel Hadgelias 0403 254 675 shadgelias@raywhite.com Peter Chidgey 0414 921 912 peter.chidgey@raywhite.com

raywhitecommercialnsw.com

NORTH SHORE INFILL DEVELOPMENT SITE^ 130 Killeaton Street, St Ives, NSW

EXPRESSIONS OF INTEREST

Closing Wednesday 6th October 2021 at 4pm (AEDT) • Site area of 2,803 sqm* • 35m* street frontage • Two year leaseback (Rental calculated at • Future redevelopment potential^ 3% yield) • 1km* to St Ives Shopping Village • Zoned SP2 Infrastructure • Existing permissible uses include seniors living, childcare and group homes^

Jeff Moxham 0413 838 339 jmoxham@raywhite.com Peter Vines 0449 857 100 peter.vines@raywhite.com

*Approx ^Subject to Approval

raywhitecommercialnsw.com

14 | PORTFOLIO | Ray White Commercial

WATERFORD VILLAGE LEASED INVESTMENT - NET INCOME $383,139* + GST 42-48 Bourke Street, Waterford West, QLD

AUCTION

In-Room Auction Thurs 11th Nov 2021 12:00pm Waterford Village is a 1,167sqm leased investment offering a net annual income of $383,139* + GST. • The assets has a WALE of 2.32* • 3618sqm* site zoned District-Centre • Existing tenants include Anytime

Fitness, Pizza Hut, Real Estate, Airliquide, and additional tenants • High exposure site positioned with neighbouring businesses, Aldi Supermarket, Queensland Tavern and Hatchlings Early Learning Childcare

Franz Stapelberg 0430 655 676 franz.stapelberg@raywhite.com

*Approx

raywhitecommercialtradecoast.com

5,472M2* APPROVED CHILD CARE SITE OR MAJOR NDIS SITE^ 26-28 Lloyd George Street, Eastern Heights, QLD

Outline and Locations Indicative Only

AUCTION

Friday, 15 October 2021 Level 26, 111 Eagle St, Brisbane Qld 4000 (If not sold prior to) • DA Approval for 187 place child care centre (staged) • Range of potential development options^, including NDIS housing, residential subdivision, townhouses, retirement / aged care, medical • Potential for substantial holding income from 3 existing buildings - astute investment with significant development upside • Favourable NDIS and Child Care 'Needs Assessment' reports available

Matthew Fritzsche 0410 435 891 matthew.f@raywhite.com Andrew Burke 0417 606 128 andrew.burke@raywhite.com

*Approx ^Subject to Council Approval

raywhitespecialprojects.com

83HA* APPROVED SEQLD RESIDENTIAL DEVELOPMENT SITE 6605 Mt Lindesay Highway, Gleneagle, QLD

Outline and Locations Indicative

EXPRESSIONS OF INTEREST Closing Wed 27 Oct 2021 4pm

• 1hr* south of the Brisbane CBD and 7min* north of Beaudesert • Land area: 83.55* Hectares over four (4) titles • Current Development Approval for 82 lots (Stage 1 - 4) Avg. 1,057m2*

Mark Creevey 0408 992 222 mark.creevey@raywhite.com

• Alternate schemes prepared for 516 urban residential lots or 172 rural residential lots (^STCA) • Designated Low Medium Density Residential

Tony Williams 0411 822 544 tony.williams@raywhite.com

*Approx ^Subject to Approval

raywhitespecialprojects.com

GREENSLOPES - 2,649M2* APPROVED TOWNHOUSE SITE 373,375,377 Cornwall Street & 48 Dansie Street, Greenslopes, QLD

Outline and Locations Indicative Only

EXPRESSIONS OF INTEREST Closing Thur 7 Oct 2021 4pm • • • • • •

Total land area: 2,649m2* comprising 4 adjoining houses D.A. for 13 dwellings including 9 townhouses & incorporates the 4 existing houses 4km* from the Brisbane CBD 750m* from Stones Corner Village and 1.5km* from Coorparoo Square Elevated position with two street frontage Superb transport connectivity to Logan Road, Old Cleveland Road and the M1

Tony Williams 0411 822 544 tony.williams@raywhite.com Mark Creevey 0408 992 222 mark.creevey@raywhite.com

*Approx

raywhitespecialprojects.com

APPROVED 277 LOTS RIPLEY VALLEY, SEQLD 787 Ripley Road, South Ripley, QLD

Outline and Locations Indicative Only

EXPRESSIONS OF INTEREST Closing Thur 7 Oct 2021 4pm

• Land area: 19.545* hectares • Site to be delivered with DA, access road constructed and services connected • DA to reflect 277 lots ranging from 140m2* to 685m2* (Avg 315m2*)

Mark Creevey 0408 992 222 mark.creevey@raywhite.com

• Elevated site providing view corridors to White Rock • EPBC and CHMP approved with cultural heritage clearance obtained • 40mins* from Brisbane, 15mins* from Ipswich and 10mins* from Springfield

Tony Williams 0411 822 544 tony.williams@raywhite.com

*Approx

raywhitespecialprojects.com

WATERFRONT SITE 2,546M2* WITH D.A 16-20 Woodcliffe Crescent, Woody Point, QLD

Outline and Locations Indicative Only

EXPRESSIONS OF INTEREST Closing Thur 4 Nov 20 21 4pm

Matthew Fritzsche 0410 435 891 matthew.f@raywhite.com

• • • •

Chris Massie 0412 490 840 chris.massie@raywhite.com

2,546m2* site cleared and level 40* metres of absolute waterfrontage Approval for a 9 level building with 33 large apartments plus roof deck and 71 car spaces Situated metres from cafe precinct and the Belvedere Hotel

*Approx

raywhitespecialprojects.com

ELLIDA ESTATE - 279HA* - APPROVED SUBDIVISION^ 23-27 William Palfrey Road, Parkhurst, QLD

Outline and Locations Indicative Only Development overlay representative of

EXPRESSIONS OF INTEREST Closing Wed 27 Oct 2021 4pm

Tony Williams 0411 822 544 tony.williams@raywhite.com

• • • •

Mark Creevey 0408 992 222 mark.creevey@raywhite.com

Zoned Low Density Residential & Low-Medium Density Residential Potential for 2,100 lot master planned community estate (STCA) with D.A for first 126 lots^ Provides a significant portion of the future urban expansion land of Rockhampton Close proximity to CQ University, shopping and commercial centres

*Approx

raywhitespecialprojects.com

PROMINENT MULTI LOT APPROVED DEVELOPMENT SITE 2 Ridge Drive, Alice River, Townsville, QLD

EXPRESSIONS OF INTEREST Closing 28th October 2021 at 4pm

Site area: 20,655 m2 DA Approved for 1300 m2 Tavern and Bottle Shop DA Approved for 475 m2 Medical Centre Full needs analysis available 25 minutes to the Townsville CBD and 10 minutes to major shopping centres Close proximity to major residential developments

Peter McCann 0497 067 170 peter.mccann@raywhite.com Graeme Russell 0448 410 067 graeme.russell@raywhite.com

raywhitecommercialtownsville.com

47,600M2* (4.76 HA*) SITE - DA APPROVED ECO RETIREMENT VILLAGE 86 Billabirra Crescent, Nerang, QLD

Outlines & Locations Indicative Only

AUCTION

Thursday, 11 November at 11am • • • • • •

Land bank opportunity, 12 Acres* private corner position Current approval for 23 independent living units plus caretakers residence Renovate existing dwellings (move in and/or collect holding income) Sought after undulating acreage bound by flowing creek Several development opportunities subject to council approval Desirable location, next to Town Centre, train station, schools and shopping centres

David Djurovitch 0411 133 307 d.djurovitch@rwsp.net

*Approx

raywhitecommercialgoldcoast.com

18 | PORTFOLIO | Ray White Commercial

SECURE COMMERCIAL INVESTMENT 50 Bussell Highway, West Busselton, WA

Outline indicative only

EXPRESSIONS OF INTEREST Closing Fri, 8 Oct 2021 at 4pm (AWST) • • • • • •

Annual rental of $100,882 + Outgoings + GST 41 month WALE Land Area 1,189sqm* NLA 527sqm* 2 Street frontage Highway exposure

Russ Parham 0413 885 533 russ.parham@raywhite.com

*Approx

raywhitecommercialwa.com

DEVELOP, OCCUPY OR INVEST 148-150 Beaufort Street, Perth, WA

Outline indicative only

EXPRESSIONS OF INTEREST Closing Thurs, 14 Oct 2021 at 4pm (AWST) • • • •

Develop 1,523sqm of land Occupy the office/warehouse of 3,415sqm* Holding income of $113,130 pa Zoned "City Centre" 4:1 Plot Ratio

Brett Wilkins 0478 611 168 brett.wilkins@raywhite.com Luke Pavlos 0420 880 880 lukep@lease-equity.com.au

*Approx

raywhitecommercialwa.com

16 | PORTFOLIO | Ray White Commercial

PRIME CLAYTON CORPORATE LOCATION Suite 5 & 5A Building 2/195 Wellington Road, Clayton, VIC

AUCTION

Thursday 28 October, 11 am • Total Building Area 1014 sqm* • Partially Tenanted - $83,430 pa plus GST and Outgoings • Further Options • 44 Allocated Parking Spaces • Male, Female & Disabled Toilets

• • • •

2 x Kitchenettes Multiple Offices and Meeting Rooms Abundant Storage Options Busy Commercial Precinct

Mitch Rosam 0402 355 805 mitch.rosam@raywhite.com Paul Waterhouse 0417 660 153 paul.waterhouse@raywhite.com

*Approx

raywhitecommercialferntreegully.com

PORTFOLIO | Ray White Commercial | 17

NOT JUST SOUVENIRS 73 Beach Road, Akaroa, Banks Peninsula,

SALE

Business For Sale by Tender closing 4pm Thursday 21st October 2021 at Ray White

Noel McGuigan +64 21 358 417 noel.mcguigan@raywhite.com

With the business owners wishing to retire, this presents a fantastic & rare opportunity to secure a premier waterfront location in the quaint & historical seaside town of Akaroa.

Well-established business catered to the international tourist market but with Covid it quickly pivoted its stock to suit the domestic market. Now, is the time to seize this opportunity and be *Approx

www.rwcchristchurch.co.nz

Licensed Salespeople (REAA 2008) - Ray White Commercial (Christchurch)

TIDY SOCKBURN WAREHOUSE UNIT + 5 CAR PARKS Unit 5 22 Lowther Street, Sockburn, Christchurch,

SALE

Deadline Sale closing Wednesday 20th October 2021 at Level 2, 76 Hereford St, Christchurch

Paula Raine +64 27 221 4997 paula.raine@raywhite.com

Well-presented tilt slab warehouse in a complex of 8 units. Warehouse 304m2* + offices 57m2*. Advantaged by having electric container height roller door, 3 phase power & plenty of natural light. Handy location close to the Sockburn roundabout. Fit-out includes offices, kitchenette, toilet & shower. 5 car parks plus a rear north facing yard area 28m2*. 67% NBS. *Approx

www.rwcchristchurch.co.nz

Licensed Salespeople (REAA 2008) - Ray White Commercial (Christchurch)

RAY WHITE COMMERCIAL KNOW PROPERTY MANAGEMENT Over 8,800 tenancies managed across Australia and New Zealand Utilising the most up to date technology to ensure your investment is always performing at its optimal level Over 112 property management specialists, supported by 351 industry-leading commercial agents in over 47 locations across Australasia

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INTRODUCING

RAY WHITE VALUATIONS With over 200 years of combined valuation knowledge and experience backed by Ray White’s national and international presence, we are trusted for our consistent and accurate reporting and are often sought out for our unrivalled research and property advice by homeowners, investors, developers, estate agents and lenders alike.

OUR VALUATION SERVICES Valuations for Commercial Real Estate including Office, Retail, Industrial and Shopping Centres; Valuations for Going Concern including Hotels and Resorts, Pubs, Golf Courses, Childcare Centres, Boarding Houses and Student Accommodation; Valuations for Residential Real Estate including Residential Developments, Prestige Residential Properties, Residential Subdivisions and Unit Entitlement Valuations; Valuations for Corporate and Government Portfolios; and Expert Legal Witness

WE REGULARLY COMPLETE VALUATIONS FOR: Major banks and other lending institutions, developers and investors, property trusts, government bodies, liquidators and administrators, lawyers, accountants and brokers.

Providing valuations in a range of scenarios including: Mortgage security, rental assessment, unit entitlement, sale and purchase advice, rate objections and statutory value, restructuring ownership splits, cash flow modelling.

Get in touch

ROBERT WILSON

Managing Director / Partner Ray White Valuations NSW 0424 135 642 robert_wilson@raywhite.com

ADAM ELLIS

Partner Hotels & Leisure 0411 752 293 adam.ellis@raywhite.com

PETER WILTSHIRE

Partner Residential Development 0414 780 448 peter.wiltshire@raywhite.com

RAYWHITECOMMERCIALNSW.COM/VALUATIONS

JARROD PILTZ

Partner Retail, Industrial & Office 0400 204 640 jarrod.piltz@raywhite.com

ATLAS URBAN ECONOMICS IS A NEW GENERATION URBAN AND REGIONAL ECONOMICS PRACTICE. Our services include economic analysis, financial analysis and property valuation, help with development planning, strategic planning and infrastructure planning.

The sectors we cover: agriculture, aviation, business uses, culture and community, economic development, education, health, housing, infrastructure, innovation, mixed use, public policy, regional economy, urban renewal.

We help developers, investors, planning authorities and policy makers with advice related to land use, property and infrastructure.

Visit us here atlasurbaneconomics.com for more information.

Or get in touch info@atlasurbaneconomics.com

ATLASURBANECONOMICS.COM