YOUR NATIONAL PROPERTY GUIDE
5 EDITION
CONNECTING YOU TO THE NATIONAL MARKET
INDUSTRIAL COMMERCIAL PARTNERS
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YOUR NATIONAL INDUSTRIAL AND COMMERCIAL PROPERTY GUIDE We’re pleased to present the fifth edition of the National Property Guide, featuring a selection of the best in commercial, industrial and retail property across the nation. As a national partnership of independent agencies working together, we provide an alternative solution. We bring our clients national reach combined with local knowledge and service. Find out more about our national partners.
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CONTENTS NSW WA SA VIC QLD
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Crossroads Logistics Centre, Corner Campbelltown Rd & Hume Highway, Casula, NSW FOR LEASE
Outstanding opportunities in prominent location PYMBLE
M7
M2
M4 PARRAMATTA
M7
M2
BUILDING AREA 4,300 – 18,100m2
M4
WETHERILL PA KR HOMEBUSH
M1
M7
LIVERPOO L
ALEXANDRI A
BANKSTOWN
M5
SYDNEY
M1
M5 BOTANY BA Y
CLOSE TO INTERMODAL Relocate your business to this key industrial property in a prominent landmark location, bounded by Campbelltown Road, Hume Highway and the M5 motorway. The property is situated immediately adjacent to Crossroads Homemaker Centre and offers unparalleled access to major arterial roads including the M7 motorway, just minutes south west of the proposed Moorebank Intermodal Terminal. Crossroads Logistics Centre offers multiple opportunities for occupiers to design and construct premises to suit. It is capable of accommodating the largest of office/warehouse requirements up to 18,000m2.
• 60% leased • Join Costco, Bunnings, Westrac & Electrolux • Access via major arterials • South West Sydney’s premier industrial estate
Artie Kalpidis 0403 383 333 artie.kalpidis@linkps.com.au Matthew Herrett 0457 383 383 matthew.herrett@linkps.com.au
ZONING IN3 Heavy Industrial
All figures are exclusive of GST and outgoings. All sizes are approximate.
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55 Kirby Street, Rydalmere, NSW FOR LEASE
A rare find in the market! BUILDING AREA 24,457m2
This excellently maintained office and warehouse facility, is located on the leafy eastern side of Kirby Street, 1400m north of Victoria Road intersection. The property is within close proximity to Ermington Shopping Village and major arterials including James Ruse Drive and Silverwater Road. The office space comprises of two levels, is carpeted, fully air-conditioned and partitioned throughout. The warehouse is temperature controlled, has full concrete walls with steel portal frame and is equipped with ESFR sprinklers. The warehouse also boasts a high clearance portion (11,064m2) and provides 11m minimum clearance. The substantial concrete mezzanine of 5,445m2 provides 4.5 to 6m clearance. All figures are exclusive of GST and outgoings. All sizes are approximate
In addition, you’ll benefit from eight raised docks and three on grade roller shutters, providing access to the warehouse. The warehouse space is completed with a flammable goods store and excellent access for articulated vehicles.
AVAILABLE 1st April 2018
• Quality temperature controlled • 2 Level office • Office - 2,503m2 • Warehouse - 21,954m2 • 122 car parks Matthew Herrett 0457 383 383 matthew.herrett@linkps.com.au Mark Cadman 0458 383 383 mark.cadman@linkps.com.au
LEASE PRICE $3,423,980pa
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SOUTH SYDNEY
what’s different this time ‘round? Artie Kalpidis, Partner Link Property Services
We often read of the property cycle and commentators giving their opinion on where we are in the cycle at any particular time, but there is something very different about the state of play in South Sydney, in the past two years in particular.
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There has been unprecedented growth in both capital and rental values. We have seen examples where rents within particular estates in Alexandria and Rosebery have risen from levels of $150 to $160/m2 pa net to a point now where similar units within this same estate are commanding $225 to $235/m2 net pa, within the space of eighteen months. We are experiencing lease deals on both industrial and commercial premises
being struck at a premium to asking rentals due to the competition for space. This has been driven by a variety of factors. We have witnessed a substantial reduction of industrial zoned land in the South Sydney precinct as well as areas being rezoned to more flexible zones, which permit industrial, along with commercial or bulky goods, such as B6 Enterprise Corridor, or a variety of mixed use zones, which often permit
medium to high density residential. We have seen many industrial owners benefit greatly from these rezoning’s and many have strategically cashed in, however, many still need to house their business in South Sydney for competitive reasons. We have witnessed many of these owners, who may have benefited from the sale of their premises, due to a drastic shortage of purchase opportunities, being compelled to lease premises, which has also contributed to this rental growth. We have also seen occupiers within the South Sydney precinct being displaced as a result of infrastructure projects, such as the West Connex and Metro Rail projects. This has seen a significant increase in occupier enquiry and also contributed to the reduction in supply.
“We are experiencing lease deals on both industrial and commercial premises being struck at a premium to asking rentals due to the competition for space.”
Sydney is one of the few locations where the countries main Port, Airport and CBD are within such close proximity to each other and a major industrial centre. Businesses locate themselves in South Sydney to provide a competitive advantage, or simply by necessity, as they require access or proximity to air and sea ports or the CBD. As a result of this demand for a strategic location, and a significantly reduced supply, we are witnessing substantial growth in rental and capital values. Another contributing factor is that we are not seeing the recycling of industrial
property for new industrial development. Obsolete industrial properties are rarely being demolished and redeveloped into new industrial to help meet demand in the location. These obsolete industrial facilities are in high demand for conversion to “funky” or “creative” office, retail or showroom space, that is seeing rental values achieved that are at a rate two and three times that of traditional industrial space once the space is refurbished. This has also opened up additional areas in the market that cater for the users of this space, in particular café’s and retail uses that are justified due to the increase in foot traffic as a result of the greater numbers of staff that are generally attributed to office occupation, against that of a traditional industrial use. This has seen a substantial increase in amenities in the area, with café’s, restaurants and retail becoming far more prominent. So what does it all mean? I think we will continue to see strong capital and rental values for properties in South Sydney and we will continue to see those businesses that do not have a substantial competitive advantage for being in such a highly sought after location, drifting out to surrounding regions, in particular within the inner west and south west corridor, where we will also continue to see growth in values for these regions as a result.
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222 Welshpool Rd, Welshpool, WA
FOR SALE OR LEASE
Occupy or invest in WA’s industrial centre
AREA Office - 487m2 Workshop - 280m2 Warehouse - 1,140m2 Hardstand - 4,000m2
Available for sale or lease, this primely located office/ warehouse features a single storey office adjoining a warehouse and workshop. The warehouse and workshop are comprised of concrete floors, steel portal frame, metal clad brick elevations and Zincalume metal deck roofing. Tenants will benefit from metal halide high bay lights and a workshop with five individual bays and a canopy. Surrounding grounds make up a total of 8,097m2 and include 48 bituminised parking bays, mesh fencing, automatic sliding gates, pole flood lighting, two water tanks, oil and grease trap, underground waste water holding tank and standard reticulated landscaping.
• 48 car parks • Sliding gates, pole flood lighting, automatic sliding gates • Open plan office, boardroom + 7 partitioned offices • Quality warehousing
David Lamb 0411 597 952 davelamb@mlv.com.au
SALE PRICE $3,950,000
RENTAL PRICE $290,000pa
All figures are exclusive of GST and outgoings. All sizes are approximate
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21B Sheffield Road, Welshpool, WA FOR LEASE
Well located office warehouse with large hardstand area
LAND AREA 1.10ha
Relocate your business to Welshpool’s bustling industrial hub. This premium property features a fully carpeted office over two floors with suspended ceilings, recessed fluorescent lighting and reverse cycle air conditioning for year-round comfort.
• Office: 300m² • Warehouse/workshop: 1,000m² • Hardstand: 8,500m²
FLOOR AREA 1,300m2
Adjacent to the office is the inbuilt amenities area, which provides male and female toilets and lunchroom. Located behind the office, the concreted warehouse/workshop features metal clad walls to a minimum height of some 7 metres with a metal deck roof. Access to the warehouse floor is no issue with large roller and sliding doors on the eastern elevation. Complementing the indoor warehouse is a large bitumen hardstand area for parking, loading or outdoor work. All figures are exclusive of GST and outgoings. All sizes are approximate.
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Rory Feely 0450 520 227 rfeely@mlv.com.au
LEASE PRICE $190,000pa
16 Vostan Road, Canning Vale, WA FOR LEASE
Warehouse with spacious office area
LAND AREA 3,237m²
FLOOR AREA 902m2
Located just off busy Nicholson Road, this industrial warehouse features solid concrete floors and footings, rendered concrete tilt elevations and a steel framed metal deck clad roof. You’ll also benefit from a front-facing, air-conditioned office, carpeted and partitioned with a break room and kitchenette. Recessed fluorescent lighting illuminates the flush plasterboard finish and T-bar ceiling grid.
• Close proximity to Nicholson Road • 30 onsite parking spaces • 6m approx truss height • Air-conditioned office • Office: 430m2 • Warehouse: 472m2 • Hardstand: 1,000m2
ZONING Light Industry
With the exception of two columns, the warehouse is open span with a truss height of approximately 6 metres.
David Lamb 0411 597 952 davelamb@mlv.com.au
LEASE PRICE $125,000pa
All figures are exclusive of GST and outgoings. All sizes are approximate.
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6 Production Road, Canning Vale, WA
FOR SALE OR LEASE
A new Commercial Centre for Canning Vale
BUILDING AREA Area from 110 - 384m
WAREHOUSE UNITS 23 Canning Vale Commercial Centre is a brand new development located in the heart of the Canning Vale Industrial Precinct. This prime piece of commercial real estate is well positioned in the forefront of the newly released Swan Brewery Industrial Estate, which is conveniently located on Baile Road at the centre of one of Perth’s most accessible commercial and industrial precincts. Enjoy brilliant access approximately 13km south of the Perth CBD, 16km from Perth Airport and 18km from Fremantle Port.
• Warehouse, office and showrooms available • Mezzanine space, kitchen & bathroom facilities • Lunch bar on site SALE PRICE From $299,000
The development consists of 23 commercial units in a variety of sizes and configurations for sale and lease, complemented by a lunch Bar with alfresco sitting area. In addition, you’ll benefit from two street frontages providing drive through access, landscaped entries together with aggregate concrete paving and a large number of on site parking bays.
David Lamb 0411 597 952 davelamb@mlv.com.au
All figures are exclusive of GST and outgoings. All sizes are approximate
www.canningvale.space
RENTAL PRICE POA
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60-70 Purling Avenue, Edinburgh, SA FOR LEASE
Huge office warehouse BUILDING AREA 17,890m2
Located in the industrial growth region of Adelaide, this opportunity provides modern, high quality office warehouse accommodation measuring some 17,890m2. The premise comprises corporate quality offices of 1,496m2 and an excellent warehouse of 16,394m2. Situated on a site of 47,000m2 there is opportunity for additional expansion if required (STCC). The building enjoys significant power infrastructure, evaporative air-conditioning and gas heating to the warehouse, an internal clearance of 7m and one central row of columns. Substantial canopies provide cover over the loading areas whilst 250 car spaces are available separate from the truck movement areas. The property has attractive landscaping, providing fantastic amenity to this corporate quality facility.
• High quality building • Air-conditioned warehouse
SITE AREA 47,000m2
• Excellent loading/hardstand • Sales enquiries welcome • Competitive terms
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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77-83 Woomera Avenue, Edinburgh, SA FOR LEASE
The complete package
LAND AREA 10,689m2
Featuring a prime corner location and functional improvements, this property boasts quality!
• Corporate quality offices 289m2
This warehouse and office space is the complete package, located in one of Adelaide’s growing Northern areas, on the corner of Woomera Avenue and West Avenue, Edinburgh.
• Recessed loading dock and 814m2 canopy
Featuring three truck access points, via West Avenue, Woomera Avenue and Tugger Way, the site also includes a separate access point, plus car parking for motor vehicles. The property enjoys a large corporate office space of 289m2 and high clearance warehousing. With opportunity to expand in the future, this property is the ideal office/warehouse for your growing business.
• High clearance air-conditioned warehouse 3,108m
2
BUILDING AREA 3,397m2
• Concrete based hardstand • 400amps of power and gas connected to site
Steve Smith 0410 532 022 steve.smith@leedwell.com.au Henry Treloar 0412 404 426 henry.treloar@leedwell.com.au
ZONING Industrial
All figures are exclusive of GST and outgoings. All sizes are approximate
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57-63 Magill Road, Stepney, SA FOR SALE
Strategic investment with upside LAND AREA 2,678m2
This property presents a rare opportunity for investment within a growing location.
• 4 showroom retail tenancies
The large retail space comprises of four showroom tenancies, with three spaces already full leased to three quality tenants.
• Opposite significant proposed development
Located just 3km from the CBD adjacent and adjacent to Norwood, the property is easily accessible and offers great exposure with 68.3m frontage. The property is also marked as a future corridor development site. With a net income of $256,000pa and annual increases, excellent tenancy mix, and development potential, this investment is too good to pass up.
• 3km from CBD
BUILDING AREA 1,123m2
• Future corridor development site
Peter Gambranis 0411 691 169 peter.gambranis@leedwell.com.au
NET INCOME $256,000pa
All figures are exclusive of GST and outgoings. All sizes are approximate
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51-53 Glynburn Road, Glynde, SA FOR SALE
Why lease when you can own your own FLOOR AREA 1,200m2
Located on a corner site of the well-travelled Glynburn Road, this property is ideal for anowner occupier, investor and/or developer.
• Prominent eastern suburbs location
The efficient floor plate can be easily divided into smaller tenancies, providing potential rental income for investors looking to occupy only part of the premises.
• High-end fit out in place
• Luxury foyer with lift access
UNDERCOVER CAR PARKS 45
The existing layout boasts a good balance of office, meeting room and open plan accommodation, that lends itself well to most business sectors. The nearby cafes, restaurants and amenities, provide both staff and clients with added convenience and choice.
Trevor Boddy 0450 963 653 trevor.boddy@leedwell.com.au Jonny Benedetti 0404 670 807 jonny.benedetti@leedwell.com.au
AVAILABILITY Vacant
All figures are exclusive of GST and outgoings. All sizes are approximate
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Retail on the rise in Adelaide South Australia’s retail market is gaining momentum, after battling a few challenges in recent years. Leedwell’s Director of Retail Karolina Perre says the increase in pace is being driven by activity from local and national brands. “There have definitely been many challenges facing the retail sector, however the market appears to be showing signs of momentum as we are beginning to see positive levels of sentiment amongst retailers.” “In light of this, we are working with a number of clients in identifying significant value, add potential by way of extension opportunities, refurbishment and repositioning of their assets to address demand.” Ms Perre has confirmed that Leedwell Property, has recently been appointed by Home 24 | INDUSTRIALCOMMERCIALPARTNERS.COM.AU
Consortium as leasing agents of the former Parafield Masters site on Main North Road. “We’re working with approximately 13,000 sqm of high profile big box space, being one of the largest new large format opportunities to be hitting the South Australian market this year,” she said. “This is an exciting development, located in the core of Main North Road’s developing retail precinct.” The site is likely to encompass a mix of retail, leisure and lifestyle brands, complimenting the surrounding local landscape and contributing to the northern growth corridor.” With more high profile development opportunities around the corner, the South Australian retail market should continue to grow and improve.
AGE IS NO BARRIER by Matt O'Dea
Partner, Facey Industrial Commercial
There is one segment of the property market that has been humming along without fanfare and it’s proving to be very profitable for vendors. I’m talking about the older style factory in the long established parts of town. The foundational bricks ‘n’ mortar that industrial Dandenong was built on. This asset class has plenty going for it and buyers are warming to these solid industrial gems for good reason. To begin with, they mainly sit on Industrial 1 zoned land which is more flexible than some of the lighter industrial zones we’ve recently seen allocated to new estates.
Furthermore, many of these factories were built on freehold titles at a time when smaller blocks were much more prominent. These days, finding Industrial blocks in Dandenong under 2,000m² is akin to sourcing hens teeth or flying pigs. Versatile blocks under 2,000m² are simply not created in Greater Dandenong anymore. This narrows the options for buyers requiring warehousing under 800m² to strata developments- and that means owners corporations, common areas, and less control over your asset. Sure, older style factories are not the prettiest. They usually appear a bit dated and some are in need of a facelift, but considering the strong demand for simple practical factories in this area by owner occupiers and tenants, there is plenty of time down the track for simple refurbishments. Updated offices, rendered facades and simple paint jobs give these old timers an instant push into today.
Finally, we can’t possibly ignore the affordability factor. There’s no doubt that an older factory is cheaper than a new factory when we are seeing sub 1,000m² warehouses achieve in excess of $1,800/m² in some cases. Many vendors have been well rewarded with the passing of time as Dandenong has evolved. With low interest rates, continued population growth, and lack of stock on the market, we’ve seen first-hand some great success stories in recent months; older factories achieving prices often reserved for their cleaner, contemporary offsiders. The market continues to warm but it won’t always be the case. Take advantage while the stars are aligned and competition from buyers remains buoyant.
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Sprintquip NSW VIC QLD SOLD
Case Study ICP Team •M atthew Herrett NSW • Colin Tarlamis and Mark Bond VIC • Matthew Richards QLD
CLIENT Sprintquip
Campaign Matthew Herrett, ICP’s NSW partner was engaged by Sprintquip to source a new office and warehouse facility to meet the company’s rapid growth. Following completion of a new lease to Sprintquip in Sydney, the NSW team were further engaged to market and sell two Sprintquip office and warehouse facilities in Sydney’s South West. Client: Sprintquip Campaign Description: Multiple leases + sales across three states –total of 6 transactions over 24 months.
Following this successful arrangement, Sprintquip then sought ICP’s assistance in Melbourne to relocate its existing facility into new leased premises in Port Melbourne, followed by a sale of their previous facility in Baywater, a sale successfully concluded ahead of auction. As Sprintquip’s need for industrial commercial real estate services continued to grow, ICP were able to provide assistance in QLD with its QLD partner Matt Richards able to negotiate a sale and leaseback of Sprintquip’s Brisbane facility.
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TRANSACTION 6
ICP PARTNERS NSW VIC QLD
4 & 6 Bridge Road, Keysborough, VIC FOR SALE
Central and functional with exposure to Eastlink 4 Bridge Road
BUILDING AREA 4 Bridge Rd 1,058m2
Buy 1 or buy both!
6 Bridge Rd 2,683m2
6 Bridge Road The international brand PEDDERS have occupied this site for near on 30 years. So why cant you?
4 Bridge Road, Keysborough
Located on Bridge Road, Keysborough this fantastic offering includes two office/warehouses. They are located just off the corner of Cheltenham Road abutting the Eastlink on-ramp providing great exposure.
• The yard of 1,500m² is the key
4 Bridge Road comprises a 926m2 warehouse with access from a large adjoining yard approx 1,500m² and an air-conditioned office of 132m2. Relocate your business to this fantastic location with potential for future development.
• Partitioned air-conditioned ground floor offices 315m²
6 Bridge Road includes a functional 2,368m2 warehouse with drive around capability, a recessed loading dock and excellent power supply. It includes 315m² of air-conditioned and partitioned offices.
Graham ‘Josh’ Kendall 0418 322 443 gjk@faceyindustrial.com.au
All figures are exclusive of GST and outgoings. All sizes are approximate
• Exposure to Eastlink
LAND AREA 4 Bridge Rd 3,859m2 freehold title 6 Bridge Rd Strata title
• Air-conditioned office 132m²
6 Bridge Road, Keysborough • Recessed loading dock • Good power supply
ZONING Industrial 1
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2/20 Park Road, Milton, QLD FOR SALE
Don’t miss out on this superb investment!
NET LETTABLE AREA 233m2
This excellent investment office unit is available in the iconic Savoir Faire building on Park Road. This office space is located just 2.6 kilometers from Brisbane’s CBD and just a short walk from La Dolce Vita restaurant as well as numerous other dining options. Not only is this space located in a superb work environment, public transport options are plentiful, the new ferry terminal, train and bus just a few hundred meters away. Alternatively, motor vehicles can easily access the M1 Motorway, with direct links to the airport as well as easy access to the Centenary Motorway via Milton Road. The property boasts excellent natural lighting with stunning views to the north and west. It also includes three dedicated secure parking spaces, which carry a current lease value of $300/space/month. All figures are exclusive of GST and outgoings. All sizes are approximate
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• Male and female amenities • Includes kitchenette, storeroom
NET INCOME $107,055 pa
• 6 executive offices, boardroom & reception • Elevator access
Jeremy Conybeare 0411 228 233 jeremy@falcommercial.com.au
LEASE TERMS 3 years with 3% annual increases
104.2 Da Vinci Business Park, Brisbane Airport, QLD
FOR SALE OR LEASE
This property ticks all the boxes!
BUILDING AREA 256m2
Be part of a 24 hour global trade and commerce precinct.
• Modern building with full height concrete tilt slab construction
Located minutes away from the Brisbane International and Domestic airports, this site offers excellent access to the Gateway Motorway and ICB, allowing users to easily commute to the Brisbane CBD.
• Highly secure site
INTERNAL HEIGHT 7.5 meters
• Central location between Brisbane Airport and the Port • 7.5m internal height
This modern tilt panel warehouse features great internal height (7.5 meters) and may be accessed via one electric container height roller door. The modern office segment is data cabled and ready to occupy. Join the likes of Airbus Helicopters, Boeing and Mitsubishi to name a few.
Daniel Hutchinson 0434 314 624 daniel@falproperty.com.au Jeremy Conybeare 0411 228 233 jeremy@falcommercial.com.au
ON-SITE CAR PARKS 4
All figures are exclusive of GST and outgoings. All sizes are approximate.
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Brisbane Markets 385 Sherwood Road, Rocklea, QLD FOR LEASE
Convenient Space at Unbeatable Prices
OFFICE SPACE 164 - 432m2
Located just 11km from Brisbane’s CBD, the Brisbane Markets® offers premium grade office and retail space in a thriving environment. This space is situated within close proximity to local buses and trains, offering convenient public transport options. The Ipswich Motorway, provides excellent access to surrounding businesses and residential communities. Meeting rooms, training rooms and a commercial kitchen are all available for hire, making this space very flexible to your requirements. Onsite services include Australia Post, Chemist Warehouse, newsagency, Anytime Fitness, Market Organics Supermarket, cafes and takeaways. All figures are exclusive of GST and outgoings. All sizes are approximate.
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• Onsite customer and visitor parking • 24 hour site security
RETAIL SPACE 280m2
• Lift access • Shower & toilet facilities
John Andrew 0488 018 998 john@falproperty.com.au Huw Feeney 0404 830 866 huw@falproperty.com.au
LEASE PRICES from $270/m2
44 Shettleston Street, Rocklea, QLD FOR LEASE
Two spacious warehouses on offer
BUILDING AREA Unit 1 1,111m2 Unit 2 1,077m2
Relocate your business to one of these conveniently located industrial spaces.
Unit 1
Unit 2
• 15 car parks
Unit 1 boasts a 1,111m2 industrial warehouse of metal clad construction with male/females amenities and up to 2,500m2 of hardstand. The site also offers 15 dedicated car parks and benefits from great access to Boundary and Ipswich Roads plus the Ipswich Motorway.
• Clear span warehouse
• 2,500m2 concrete hardstand • Three phase power • M/F amenities
• 1,000m2 concrete hardstand
LEASE PRICE Unit 1 $77,770pa Unit 2 $75,390pa
Unit 2 is a 1,077m2 clear span warehouse with good internal height, great natural lighting, three phase power, large male/female amenities block on site and up to 1,000m2 of concrete hardstand.
John Andrew 0488 018 998 john@falcommerical.com.au All figures are exclusive of GST and outgoings. All sizes are approximate
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Industrial Commercial Partners
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.
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FAL Property Group 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.
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.
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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