YOUR NATIONAL PROPERTY GUIDE EDITION 3
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YOUR NATIONAL INDUSTRIAL AND COMMERCIAL PROPERTY GUIDE As a unique national partnership of independent property agents, our aim from the beginning has been to provide our clients with trusted resources, advice and service on a national scale. We are pleased to present some of the best the market has to offer, hand picked by our partners from Queensland, New South Wales, Victoria, South Australia and Western Australia.
CONTENTS QLD WA VIC NSW SA
04 06 09 15 18
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848 Boundary Road, Richlands, QLD FOR LEASE
First class office/warehouse facility
BUILDING AREAS 448m2 - 1,918m2
Conveniently located minutes from the Ipswich/Centenary motorway interchange, this property provides quick and efficient transport linkages to the Brisbane CBD, Ipswich CBD, Brisbane Airport and the Port of Brisbane.
• Modern building of full height concrete tilt slab construction
With various available tenancies, relocate your business to a corporate grade facility with modern full height concrete tilt slab construction including clearspan warehouses and office accommodation.
• Heavy power capacity – 400 amps 3 phase
Join some of the country’s largest warehousing, logistics and manufacturing companies such as Coca Cola, Myer and Volvo Trucks in the established Richlands industrial precinct.
John Andrew 0488 018 998 john@falcommercial.com.au Huw Feeney 0404 830 866 huw@falcommercial.com.au
• Clearspan warehouses with excellent internal height • Corporate styled office accommodation • Warehouses accessed via multiple electric roller shutters • Concrete apron providing for container set down and on site car parking
All figures are exclusive of GST and outgoings. All sizes are approximate. *For minimum 3 year lease term.
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RENTAL PRICES $78,400pa $191,800pa
6 MONTHS RENT FREE* commercial
BTP Westlink Green, 10 Station Avenue, Darra, QLD FOR LEASE
A-grade office space in premium location
OFFICE AREAS 10m2 - 10,000m2
With its convenient location, adjacent to Darra Railway Station and bus exchange and just 20 minutes drive from the Brisbane CBD, BTP Westlink Green is your connection to Brisbane’s West. This premium business location will feature six new buildings ideal for commercial, medical, technical and laboratory use, plus a multi-deck car park, a heritage listed conference facility, and hotel. Buildings 1 and 2 have been completed, with office suites now available for lease between 10 – 1,600m2. Building 3 and 5 are now leasing with construction planned for 2017. For more custom requirements, design and build opportunities are also available, accommodating 500m2 to 10,000m2.
• Modern facades
MULTI-DECK
•L andscaped staff areas
CAR PARK
•P lenty of natural light • High sustainability rating •P erfect for Allied health, childcare, gyms, training organisations, professional services, tech, etc.
John Andrew 0488 018 998 john@falcommercial.com.au Christian Pedersen 0438 822 655 christian@falcommercial.com.au
OFFICES NOW AVAILABLE commercial
All figures are exclusive of GST and outgoings. All sizes are approximate
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28-32 Irvine Drive, Malaga, WA
Occupy or invest in this industrial gem
FOR SALE OR LEASE
SALE PRICE $3,500,000
This substantial industrial complex comprises offices, workshops, mechanical workshops, stores, washdown facilities and hardstand areas. The office provides a high level of accommodation with carpeted and tiled floors, suspended ceilings, recessed fluorescent lighting and ducted reverse cycle air conditioning. There are also a number of partitioned offices, computer room, conference room, half height partitioned workstations, male and female toilets and lunchroom. The property also features hardstand and a workshop comprising concrete tilt slab walls, iron roof and concrete floors, divided into bays. The rear bay includes a five tonne crane along the length of the unit. All figures are exclusive of GST and outgoings. All sizes are approximate
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• 5 tonne crane • Workshop with mezzanine • Large office with quality fitout
RENTAL PRICE $200,000pa
BUILDING AREA 1,328m2
David Lamb 0411 597 952 davelamb@mlv.com.au
LAND AREA 5,600m2
15 Valentine Road, Kewdale, WA
You’ll fall in love with this location
FOR SALE OR LEASE
BUILDING AREA 4,106m2
Featuring two adjoining offices and a warehouse, this property is the ideal site to relocate to.
• 4,000m2 bitumen hardstand
The two single storey offices are located at either end of the warehouse and are air-conditioned with carpets and blinds. The warehouse is divided into two adjoining buildings and features concrete floors, full height metal clad walls and metal roof, lunchroom, and toilets.
• 2 adjoining offices
The warehouse fronting Valentine Road is divided into two bays each with provision for gantry cranes. The warehouse fronting Glassford Road includes great access and high truss of approximately nine metres. All roller doors have a truss height of approximately seven metres.
• Facilitates gantry crane
LAND AREA 14,189m2
• 9m approx truss warehouse
David Lamb 0411 597 952 davelamb@mlv.com.au Rory Feely 0450 520 227 rfeely@mlv.com.au
RENTAL PRICE $430,000pa
All figures are exclusive of GST and outgoings. All sizes are approximate
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Phil Levesque
Profile
Director, FAL Commercial
but I was hooked by the industry by this stage! After working in my hometown of Montreal in Canada as a financial analyst for a bank for 1 year, I realised that banking was not for me, and I missed enormously the thrills of real estate. I came back to Brisbane and immediately started FAL Commercial with my business partner Huw Feeney. 10 years later, starting FAL Commercial was the best move I could have made! What attracted FAL to the partnership?
Meet one of the directors of ICP’s newest partner, Queensland’s FAL Commercial.
FAL Commercial had the idea to form its own alliance about 5 years ago, but getting such a partnership together required a lot of time and effort, and we were too busy running our business. When we heard about ICP, it made sense to join an existing partnership. It needed to be one with similar ethics and values. We needed to make sure that the other agencies had been vetted, and we were pleased to hear that Matthew Richards from Scan had ticked the boxes and formed a group of well respected agencies. What does FAL bring to ICP?
How did you get into commercial real estate? My exposure to commercial real estate started whilst I was studying at university. I have a family friend who owed a commercial real estate agency. I started as his PA, then moved onto sales. I remember in my last year of uni I sold a $4.5m and $6m building. I don’t know if it was beginner’s luck,
All figures are exclusive of GST and outgoings. All sizes are approximate
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FAL Commercial has cemented its position as a dominant agency for sales and leasing services in the Brisbane market. For over 10 years, we have serviced our clients from large institutional players to mum and dad investors in the industrial, office and retail sectors. By using our top of the line software platform for our sales and leasing division, we
commercial can ensure that buyers and tenants are matched automatically with the right properties. Our team is made up of experts in geographical sections of the Brisbane market to ensure our advice is always up to date for those areas. We believe in hard work and boots on the ground when it comes to marketing a property; and we ensure we cold call and door knock the local area for every client. FAL’s property management division has one of the most experienced teams in Brisbane, managing Woolies and Coles anchored shopping centres, multi-level city buildings and large A-grade industrial facilities. This knowledge powers the advice we give to all our clients. What is your number one piece of advice for investors? Investors buying leased investment need to do their research on the local leasing rates. I’ve seen it too often where an investors buys an asset with inflated rentals, only to find out that they have to drop their rents when the tenant leaves, thus significantly dropping the assets value. Ask your local commercial real estate agent what are the current leasing rates for this type of property and try to find out what incentives were given when the deals were done; high incentives can inflate the lease rate paid at the time.
257 Princes Highway Hallam, VIC FOR SALE
Let this investment drive your portfolio
BUILDING AREA 2,007m2
With excellent exposure to Princes Highway, this state of the art building features showrooms, offices and workshops and is truly an investor’s dream.
• Multiple display and yards
The current business has been in operation from this site for the past 10 years and has recently extended their tenancy with a new 3 x 3 x 5 year lease returning $360,000pa. This feature property has an exceptional fit out and sits proudly on an enormous 8,894m² freehold parcel of tightly held industrial land.
• Land area: 8,894m2
• Brilliant exposure • Easily accessible • Income: $360,000pa
Benefiting from multiple crossovers, numerous yards and two street frontages, this impressive multi-faceted building offers exceptional return for the astute investor.
All figures are exclusive of GST and outgoings. All sizes are approximate
ZONING Industrial 1
Adam Martin 0409 357 352 Mark Bond 0419 386 882
SALE PRICE POA
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Arena Shopping Centre - Corner Princes Highway and Cardinia Road, Officer
EXPRESSION OF INTEREST
Strong trading Melbourne Metropolitan neighbourhood shopping centre
LAND AREA 2.97Ha
Secured by a 4,100m2 full line Woolworths Supermarket and BWS with a 20 year lease, Arena is Cardinia’s premier neighbourhood shopping centre, presenting a rare opportunity to invest in the rapidly growing south east corridor.
• Woolworths Supermarket and BWS with 20 year lease
With a net annual income circa $2,650,000, the Centre houses 26 specialty retailers plus a freestanding McDonalds on a 20 year lease and Caltex on a 15 year lease. Patrons and staff also benefit from a conveniently designed car park adjacent to the centre with over 338 spaces and loading zones for tenants.
• At grade car parking for over 338 vehicles
The highly exposed 2.97Ha land parcel features 430 metre frontages to Princes Highway and Cardinia Road. It is central to a number of established residential estates including Arena, Lakeside, Heritage Springs and Timbertop.
Mark Bond 0419 386 882 mark@faceyindustrial.com.au Graham ‘Josh’ Kendall 0418 322 443 gjk@faceyindustrial.com.au
• 26 specialty retailers + freestanding McDonalds and Caltex
INCOME $2,650,000pa* net
• 430 metre frontage to Princes Highway and Cardinia Road • MTA of 13,830 residents, expected to increase to 23,580 by 2026
EOI CLOSING Wednesday 5th April at 5pm
All figures are exclusive of GST and outgoings. All sizes are approximate.
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Feature Article
The Future Of Industrial Buildings Industrial buildings are quite simple structures –four walls and a roof. Yet despite their simplicity, over the decades the form and function of industrial buildings has changed quite significantly. And so it begs the question ‘what will industrial buildings look like over the next decade?’ From saw tooth structures manufacturing household items in the post war era, with outstanding natural light (even though the sawtooths almost always faced south to avoid the radiant heat of the northerly sun), to besser block and brick factories measuring up to 6.5m’s high in the 70’s. The 1980’s saw the introduction of tilt up concrete panels, an outstanding construction method for industrial property pioneered by Australia’s very own Malcolm Davis, the man responsible for much of western Sydney’s (namely Wetherill Park) early development as a leading industrial location in Australia. Well into the 1980’s however, industrial buildings remained very simple structures, where form and function win over all other attributes. Cue the 1990’s, where a structural shift in Australia’s economy had been well underway for the best part of the previous
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| By Matthew Herrett, ICP NSW Partner
decade, possibly without many people being aware of the changes. That was, the rise of the imported good and the rapid demise of manufacturing, and therefore the very buildings with which to house such industry. As the consumer appetite for cheaper imported goods continued to rise, so did the demand for warehousing. Responding, architects penned ever higher warehouses with greater span, allowing far more efficient racking designs and thus maximising cubic capacity. And thus the 9.5m high warehouse was born. As built in obsolescence became a staple due to the imported good, coupled with the insatiable appetite of consumers demanding the latest and greatest (forced upon them by ever developing technology rendering last years model old news), warehouses have continued to increase in height. Ten years ago the 10m mark was breached, and so now 12 and 13m is not uncommon. But where to next? Looking back through history, the changing face of the industrial building was led by changes to industry and consumer economics, yet I am not so sure this alone will continue to drive the shape of the industrial building over the next decade. Here’s why. Sydney for example, is land constrained. Where land is available its very expensive. In the event developers can option unzoned rural land or brownfield sites for new development, the time, cost, energy and resources to secure unzoned land, re-zone it, bring in services and infrastructure can make this process complex and cost prohibitive. So rather than footprints going out,
material handling requirements change from traditional forklifts to more automated picking systems the higher the facility is constructed. We are seeing an increased level of enquiry around these type of solutions in Australia right now.”
and in doing so devour more precious land, why don’t they go even higher? Why not have a standard 20m high warehouse? Will the norm in 2035 be 25 metres high? Why not use our current land footprint more efficiently? Residential is going up isn’t it? Retail is going up isn’t it? Commercial towers are going higher too aren’t they? Why so not the humble warehouse? Yes, planning legislation needs to change, materials handling systems and racking design need to change too. According to Martin Bates, National Sales Manager of leading pallet racking and shelving manufacturer, Stow Australia, the writing is on the wall. “Our European and Asian counterparts are already going up, and have been leading this trend for many years now. We can design, engineer and install safe and efficient working loads easily double that of standard conventional rack heights. The
If we look to industrial pockets in South Sydney, suburbs such as Alexandria, Rosebery and Waterloo, once home to tanneries, rag traders and customs and freight are now competing with higher and better land uses. Land prices approaching $2,000 psm is not uncommon, so the industrialist needing to be in this location to benefit from his or her competitive advantage must pay the freight. Demand is outstripping supply, hence the high prices. However there are already examples of multi level industrial development where land is in tight supply. Take 51-53 Bourke Rd Alexandria for instance. A small scale multi unit industrial and business park over two levels, where trucks traverse the ramps up and down happily delivering freight. In western Sydney on the site of the old Hoxton Park Airport, Blum constructed a warehouse for their own operation standing approximately 30 metres high – anyone travelling the M7 Motorway will have seen it on the eastern side. Clearly then going up can and is already working in Sydney, and it will only be a matter of a short time before warehouse heights in greater western Sydney move up once again.
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Visy SOLD
Case Study ICP Team •S teve Smith (Leedwell Property) •M atthew Herrett (Link Property Services) Main Nort h Road
Property Details
MAWSON LAKES CAVAN 31-33 JONAL DRIVE, CAVAN
Mo nta gue
Ro ad
CLIENT Visy
Measuring 8,280sqm with additional canopies of 597sqm the building features 7,000 amps of power, air conditioned warehouse, insulated walls and roof, ESFR sprinkler system and a high internal clearance of 10m+. The site measures 18,500sqm and the area is characterised by high quality neighbours and national companies.
Port Wakefield Road
ADELAIDE CBD
Client VISY is one of the world’s largest privately owned paper, packaging and recycling companies
Campaign Seeking quality local knowledge and ‘deal doing’ capability, Visy embarked on a strategy to engage and partner with Leedwell Property, following successful campaigns with other local organisations (including Link Property Services in NSW) around the country.
SALE DATE March 2017
Outcome The confidence Visy has to engage with ICP Network Partners is borne out of our desire to understand the objectives, implement relevant, cost effective strategies and ultimately achieve their objectives.
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SALE METHOD Expression of Interest
8 Penelope Crescent, Arndell Park, NSW FOR LEASE
Freestanding warehouse/distribution facility
LAND AREA 1.98Ha
Frontage to Doonside Road and only a four minute drive to the M7/M4 interchange, make this location ideal for transport and distribution. The property includes a well presented full concrete freestanding warehouse providing 7.1m to 9.5m clearance, accessible via three on grade roller shutters and six loading docks with a huge 823m2 awning over the doors. Office space is minimal and presents extremely well. On site parking is at the southern end of the property separated from the generous truck marshalling which is at the eastern end. The building is also equipped with an ESFR sprinkler system.
• Multiple on grade doors & docks • ESFR sprinklers • Up to 9.5m clearance
FLOOR AREA 11,420m2
Mark Cadman 0458 383 383 mark.cadman@linkps.com.au Matthew Herrett 0457 383 383 matthew.herrett@linkps.com.au Jeff Pond 0448 383 383 jeff.pond@linkps.com.au
ZONING In1 General Industrial
All figures are exclusive of GST and outgoings. All sizes are approximate
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233 Shellharbour Road, Port Kembla, NSW FOR LEASE
Factory warehouse with expansive hardstand
SITE AREA 40,000m2
This industrial gem is located within the established industrial precinct of Port Kembla.
• 80m frontage to Shellharbour Road
Situated on the eastern side of Shellharbour Road, 500m near the thriving Warrawong Bulky Goods retail strip, the property comprises a freestanding industrial building including mezzanine office and amenities, high clearance, high power warehouse, and large hardstand. The warehouse is easily accessible via multiple roller doors and benefits from drive-around B-Double access.
• Mutiple roller doors
External site features include security electric fencing to the entire site, boom gate, flood lighting, substantial bitumen sealed storage yard, steel portal frame awning, covered external staff break out areas plus significant water harvesting and storage tanks. All figures are exclusive of GST and outgoings. All sizes are approximate.
HARDSTAND AREA 15,943m2
• 7.5 - 10m warehouse clearance • Bitumen storage yard • Office/warehouse available with yard or separately
Matthew Herrett 0457 383 383 matthew.herrett@linkps.com.au Mark Cadman 0458 383 383 mark.cadman@linkps.com.au
OFFICE/ WAREHOUSE AREA 7,176m2
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Store A, 15-23 Whicker Road, Gillman, SA FOR LEASE
Adelaide’s most competitively priced warehousing
BUILDING AREAS 2,000m2 - 15,000m2
Gillman is one of Adelaide’s traditional industrial locations enjoying central access to major road (PREXY), rail and port infrastructure. This opportunity provides functional warehouse accommodation that can be divided into smaller tenancies ranging from 2,000m2 to 15,000m2.
• Premier established industrial suburb
The building features good clearance and minimal columns, together with a number of roller shutter doors and full drive around access. Internal clearances range from 4.5m to 9.5m, catering for a variety of uses.
• Short or long term leases available
The owner is motivated to lease the remaining areas and will consider short, medium and long term leases, all at very competitive rentals. All figures are exclusive of GST and outgoings. All sizes are approximate
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• Central access to major transport infrastructure • Internal clearance ranging from 4.5m to 9.5m approx.
ZONING Industry
• Drive around access • Very competitive asking rental Steve Smith 0410 532 022 steve.smith@leedwell.com.au Henry Treloar 0412 404 426 henry.treloar@leedwell.com.au
AVAILABLE NOW
Port Adelaide Distribution Centre, Lot 20, 25-91 Bedford Street, Gillman, SA FOR LEASE
Unbeatable location, brand new office warehouse
LAND AREA 1.4Ha
Boasting great connectivity with major arterials, harbours and Adelaide Airport all on its doorstep, Port Adelaide Distribution Centre is minutes from the CBD providing convenient access for your business. Development approval has been received to construct this brand new, modern office warehouse. You could be operating from your new facility within 6 – 9 months of securing an agreement. Measuring 7,640m2, you will enjoy the features of a modern facility including very high internal warehouse clearance, excellent loading with high roller shutter doors and canopy above, large hardstand for truck movement and staging and quality office space to name a few. Don’t miss this opportunity to position your business in this premium property within Adelaide’s industrial heartland.
• Brand new office warehouse
FLOOR AREA 7,640m2
• Central location near major transport links • Competitive pricing • Plenty of onsite parking • Design can be amended to suit your requirements
Steve Smith 0410 532 022 steve.smith@leedwell.com.au Henry Treloar 0412 404 426 henry.treloar@leedwell.com.au
ZONING Industry
All figures are exclusive of GST and outgoings. All sizes are approximate
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Industrial Commercial Partner
A leading commercial and industrial agency offering a full range of real estate services, including sales, leasing, property management, valuation and consultancy.
Offering tailored property services in industrial, commercial and retail sectors, our difference is a genuine focus on strong, long-term relationships and our integrated, holistic range of property services.
Facey Industrial Commercial has been a business synonymous with real estate in South East Melbourne since Frank Facey opened for business in 1917. Now celebrating its 100th year, the Facey team continues to provide local expertise to service long standing clients with sales, leasing and property management requirements.
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commercial
FAL Commercial has cemented its position in South East Queensland’s property market as a true client focused, commercial real estate organisation dedicated to ethical best practice and outstanding results.
Celebrating its 40th year in 2015, Scan Property Consultants specialise not only in core marketing services for industrial property, but has evolved to deliver more dynamic consulting services that optimise client asset performance across all classes.
Our approach to property is simple – deliver outstanding results without the clutter. Equipped with over 150 years of real estate experience, our sole focus is the most important person in property – you.
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