National Property Guide Edition 9

Page 1

YOUR NATIONAL PROPERTY GUIDE

6 EDITION


We provide local expertise, Australia wide, to match you with the right properties.

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YOUR NATIONAL INDUSTRIAL AND COMMERCIAL PROPERTY GUIDE We’re pleased to present the ninth 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.

WATCH VIDEO

CONTENTS WA-MLV NSW-Link QLD-FAL VIC-Facey SA-Leedwell

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Market Review

WA

DAVID LAMB

The successful start to the 2018/19 Financial Year has continued on with a number of leasing and sales transactions taking place. Both buyers and tenants are sensing good value in the market and are taking the opportunity to secure properties with attractive terms. We are still seeing a ‘flight to quality’ by tenants and owner occupiers with primary industrial assets experiencing a shorter time on market. Secondary assets and strata units continue to be

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a difficult sub-market with extended periods on market and heavy incentives required to secure tenants. Business sentiment is improving amongst mining related companies and we expect this will continue over the coming year. We look forward to assisting our clients for the remainder of the financial year and beyond.


12-14 Murray Road South, Welshpool, WA

FOR SALE $1,500,000 + GST

Rare vacant land in Welshpool

LAND AREA 3,298m2

TENURE TYPE Vacant Possession

• Zoned ‘Light Industrial’ • In between Orrong Road and Welshpool Road • Easy access to both Leach Highway and Roe Highway

All figures are exclusive of GST. All sizes are approximate.

Rory Feely 0450 520 227 rfeely@mlv.com.au David Lamb 0411 597 952 davelamb@mlv.com.au

ZONING Light Industrial

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172-176 Great Eastern Highway, Ascot, WA

FOR SALE

Leased investment with redevelopment potential/corner site exposure

$5,750,000 + GST

LAND AREA 0.53ha (1.31 acres)

WATCH VIDEO

172 Great Eastern Highway site includes two separate buildings each with separate access and different tenants. Both buildings are constructed with brick and iron elevations, concrete floors, and iron roofs. The showroom fronting Great Eastern Highway is approximately 430m² inclusive with 2,743m² hardstand area for display of cars. Additionally, the building known as 6 Hargreaves Street is utilised as a medical centre (consulting rooms) and has approximately 450m² of improvements with surrounding parking, giving a total site area of 1,593m². 176 Great Eastern Highway, adjoining 172 Great Eastern Highway, it is currently used as vehicle display and provides a site area of 551m², it forms part of the exclusive use of 172 Great Eastern Highway.

All figures are exclusive of GST and outgoings. All sizes are approximate.

172 Great Eastern Highway is an open-plan showroom area with adjacent office and ablution components. The partitioned second area is currently used for minor repairs. The repair area is accessible via two roller doors at the northern elevation.

FLOOR AREA 880m2

• Two single level buildings with bitumen car parking surroundings • Site area of 5,317m² comprised of two individual lots • Currently tenanted and future redevelopment potential STCA Rory Feely 0450 520 227 rfeely@mlv.com.au

ZONING Mixed Use

David Lamb 0411 597 952 davelamb@mlv.com.au INDUSTRIALCOMMERCIALPARTNERS.COM.AU | 7| 7 INDUSTRIALCOMMERCIALPARTNERS.COM.AU


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111-113 Burswood Road, Burswood, WA

FOR SALE $2,800,000 + GST

Large lot in the heart of the Burswood Commercial Precinct

LAND AREA 1,226m²

WATCH VIDEO

The site is located in the Causeway Precinct under Victoria Park’s Town Planning Scheme and overlooks G.O Edwards Park to the West. The current improvements are constructed with concrete floors and footings, parapet brick elevations, and a corrugated asbestos clad roof. Internally the office areas are partitioned with stud plasterboard walls and aluminum framed glazing. Ceilings comprise of suspended panel ceilings, which are fitted with fluorescent lighting, carpet floor coverings, and ducted reverse cycle air-conditioning and package air-conditioning units. The accommodation includes amenities such as separate male and female toilets.

All figures are exclusive of GST. All sizes are approximate.

The rear of the property has a paved area covered with a metal deck patio, having an area of approximately 50m2. The remainder of the site is improved with bitumen paving to the front and rear of the building, which provides a front and rear car park. The rear boundary of the site is fenced with a steel post and wire fence with a gate providing access to the rear right of way.

FLOOR AREA 325m2

• Redevelopment potential • Functional offices • Plenty of parking Rory Feely 0450 520 227 rfeely@mlv.com.au

ZONING Office/Residential

David Lamb 0411 597 952 davelamb@mlv.com.au INDUSTRIALCOMMERCIALPARTNERS.COM.AU | 9


Market Review NSW

MATTHEW HERRETT

Following a very strong start to 2019 with high enquiry levels, demand has now slowed. Whilst supply of industrial property has been very low over the last 12 months, the NSW Government elections in March, Anzac Day and Eastern Holidays at the back end of April, the looming Federal election in May plus the EOFY has combined to create a disrupted marketplace with enquiry levels dropping as organisations assess the political landscape and its impact on their business, their clients and customers. Despite this, we expect the market to gather itself and the second half of

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2019 to remain strong, with demand underpinned by the continuing structural shift in our market place as a result of the development of online shopping platforms, infrastructure projects stimulating industrial demand as well as continued merger and acquisition activity that will result in real estate transactions. From an owner occupier perspective, demand continues to exceed supply across all size ranges, albeit tempered by tighter lending criteria. Investor demand across all price points also continues to exceed supply and leasing demand is generally in equilibrium with supply,

for reasons stated above. As demand for industrial property gathers pace in Q3, we expect further upward pressure on rentals and a reduction in incentives for all existing buildings for lease. Only above 15,000m2 will be the rate of growth in rents be tempered due to the additional competition in the shape of the pre-lease market. In summary, notwithstanding the current lull in demand, the industrial market will prove to be an active one as we move toward Q3 and into the back end of 2019.


Whole, 46 McCauley Street, Matraville, NSW FOR SALE

Port Botany investment opportunity

FLOOR AREA 1,251m2

WATCH VIDEO

The property is located on the corner of Botany Road and McCauley Street, directly opposite the entrance to the Port Botany Container Terminal. Sydney Airport is approximately 1 kilometre from the site and the Sydney CBD is easily accessible via the Eastern Distributor.

• Leased to July 2024 • Prime location opposite Port Botany • Ideal transporter facility

ZONING General Industrial IN1

The property provides a freestanding ground floor office building, completed in 2018, which is air-conditioned and provides male and female amenities, inclusive of shower facilities. There is a kitchen area, partitioned offices and a large open-plan area. The site also provides a separate, freestanding, high-clearance, clear span warehouse at the rear of the site. An additional feature of the property is a container rated hardstand area of approximately 2,093.34m2.

Artie Kalpidis 0403 383 333 artie.kalpidis@linkps.com.au

All figures are exclusive of GST and outgoings. All sizes are approximate.

Chris Sully 0439 383 444 chris.sully@linkps.com.au

TENURE TYPE Tenanted Investment

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6 Shale Place, Eastern Creek, NSW FOR LEASE

Outstanding warehouse - Eastern Creek

FLOOR AREA 3,933m2

WATCH VIDEO

Situated on the western side of Shale Place approximately 50 metres from the intersection of Rousell Road, this location provides outstanding access to the M7 motorway via the Wallgrove Road intersection as well as the M4 motorway. It allows multi-directional access east, west, north and south.

across the front and sides and is accessible via dual driveways, allowing efficient ingress and egress.

Outstanding freestanding warehouse/office building featuring full concrete construction, with clear span steel portal frame providing 8m to 9m warehouse clearance, accessible via 2 on-grade roller shutters covered by awnings. The first and ground floor office spaces are air-conditioned with a combination of carpet and tiles as floor surfaces. Some partitioning exists on the first floor. The building is equipped with an ESFR sprinkler system. A concrete mezzanine of 160m2 sits behind the first floor office and is included in the quoted warehouse area. The property is fenced and gated

• ESFR sprinklers

All figures are exclusive of GST and outgoings. All sizes are approximate.

PARKING 38 spaces

• Freestanding • Two roller shutter doors

Matthew Herrett 0457 383 383 matthew.herrett@linkps.com.au Mark Cadman 0458 383 383 mark.cadman@linkps.com.au

RENTAL $570,285 pa exl. GST

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1 Windsor Road, North Parramatta, NSW FOR LEASE

Short-term rentals available

FLOOR AREA 3000 - 7028m2

WATCH VIDEO

Situated on the corner of Winsdor Road, James Ruse Drive and North Rocks Road, featuring outstanding exposure and excellent connectivity to the major arterial road network including the M4 and M2 Motorways.

• Freestanding warehouse • Can be subdivided for multiple tenants

PARKING 262 spaces

• Short-term leases considered

This modern freestanding warehouse facility has been used by Bunnings as a flagship store for many years. The 7,028m2 facility has drive-around access and is erected on a site of approximately 20,000m2, allowing substantial sealed yard areas outside the building perimeter. The building provides high clearance storage space and there is extensive parking for 262 cars, accessible from North Rocks Road.

All figures are exclusive of GST and outgoings. All sizes are approximate.

Matthew Herrett 0457 383 383 matthew.herrett@linkps.com.au Mark Cadman 0458 383 383 mark.cadman@linkps.com.au

ZONING Proposed B6 Enterprise Corridor

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Building 4, Crossroads Logistics Centre, Casula, NSW FOR LEASE

An outstanding opportunity PYMBLE

M7

M2

M4 PARRAMATTA

M7

M2

OFFICE AREA 970m2

M4

WETHERILL PA KR HOMEBUSH

M1

M7

LIVERPOO L

ALEXANDRI A

BANKSTOWN

M5

SYDNEY

M1

M5 BOTANY BA Y

Crossroads Logistics Centre has been master planned with Precinct A and C now fully leased. Buildings are constructed to the highest quality with modern specifications and provide large articulated vehicle manoeuvring and separate car and truck access and parking. This high-quality building will feature ESFR sprinklers, drive-in roller doors, plus recessed docks, plus 24 x 7 access within 1N3 Heavy Industrial Zoning.

The property is situated minutes south west of the proposed Moorebank Intermodel Terminal. Crossroads Logistics Centre offers an outstanding opportunity to lease a high-quality office and warehouse building known as building 4. It will be available within 9 months of documentation.

• Outgoings: $22 per m2 approx • Car parking: 58 car spaces

A key industrial property in a landmark prominent location, it is bounded by Campbelltown Road, Hume Highway and the M5 Motorway. The property is situated immediately adjacent to the Crossroads Homemakers Centre and offers unparalleled access to major arterial roads including the M7 Motorway.

Matthew Herrett 0457 383 383 matthew.herrett@linkps.com.au

All figures are exclusive of GST and outgoings. All sizes are approximate. approximate

Artie Kalpidis 0403 383 333 artie.kalpidis@linkps.com.au

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WAREHOUSE 16,695m2

• Availability: 12 months TOTAL AREA 17,665m2


2 Ralph Street, Alexandria NSW FOR LEASE

Relocate your business to a refurbished, freestanding warehouse/office facility

OFFICE AREA 190.80m2

This is a great opportunity to locate your business in a refurbished, freestanding office/warehouse facility with selfcontained and secure parking in a sought-after location. The property features a single container height roller shutter and is in excellent condition. The property is located on the Western side of Ralph Street on the corner of Beaconsfield Street, approximately 200 metres west of Botany Road. This site is approximately 4 kilometres south of the Sydney CBD and 2 kilometres north of the Airport, and is in close proximity to Green Square Station. The property is well-serviced by surrounding amenities including cafĂŠs, shops and public transport. This is a functional, freestanding warehouse/office, featuring two container height roller shutters accessing a clear span warehouse with internal clearance up to 8.4m (approx.). In 2007, the building All figures are exclusive of GST and outgoings. All sizes are approximate.

underwent a substantial refurbishment and was also split into two approximately equal-sized tenancies. The premises now provides auto fire detection and alarms, fire hydrant system, fire hose reels and an ESFR sprinkler system. The building provides 200 AMPS per phase of power, with potential capacity to provide up to 400 AMPS. The property is fully fenced to provide excellent security. Office accommodation is on a mezzanine level and is fully carpeted and air-conditioned.

Artie Kalpidis 0403 383 333 artie.kalpidis@linkps.com.au

WAREHOUSE 1,746.10m2

RENTAL $250 per m2

Chris Sully 0439 383 444 chris.sully@linkps.com.au INDUSTRIALCOMMERCIALPARTNERS.COM.AU | 17


Market Review PHIL LEVESQUE & JOHN ANDREW

SOUTHSIDE INDUSTRIAL UPDATE Update on vacancies and rents Brisbane’s southside industrial market has seen one of the strongest Q1 starts to the year since the GFC more than 10 years ago with Queensland’s merchandise exports reaching new records and driving a large portion of demand for industrial space. Logistics companies have also been a driving force for demand with proximity to both local roads and long-haul arterials becoming of increasing importance. We have seen a welcome surge of fresh tenant demand entering the

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market over the last 6 months. This steady demand coupled with low new supply completions over 2018 has led to a take up of around 14% of vacant space over the last 12 months and vacancy levels now below the long-term average for the first time in 5 years. This has not yet led to any noticeable growth in rental rates, with the exception of premium grade buildings. Rental rates are expected to remain stable over 2019 and 2020 as more than double the previous year’s supply completions are expected to hit the market this year. Update on land values Industrial land values are showing continued growth as take up of land remains high and we move into shortage territory across metropolitan Brisbane. Average year on year growth is around 6% with some areas experiencing far greater growth rates. Update on investment activities and yields 2018 saw a record year for investment transactions and turnover with a steady increase in appetite from both local

and international investors. Interstate investors are continuing to turn their attention to Brisbane off the back of cooling property markets in other major cities across Australia, whilst offshore investors who have long sought to increase their exposure in Brisbane continue to test new yield lows on prime grade properties with long WALEs. Last year was expected to see a reversal in the sustained year on year yield compression we have seen since 2013, however yields have still yet to peak as we enter 2019 at 6.5% and 7.5% averages for A and B grade assets respectively, with some transactions as low as 5.7%.

QLD


John Andrew Southside Industrial Specialist How did you get into commercial real estate? Property has always been in my blood. I was born in Cairns because my father was overseeing a large resort development up there at the time, and with it being in the family, I was surrounded by the various facets of the property industry my whole life. It didn’t take me long to decide that was what I wanted to get into and it has been a passion of mine ever since. After completing a cadetship at a major industrial real estate firm whilst I was studying a degree in Property Economics I was exposed to the thrills in the fast paced world of commercial real estate, and I’ve never looked back. What attracted FAL Property Group to the partnership? Over the last few years in the Brisbane market we have experienced an ever increasing number of owners growing tired of, or having issues with, the corporate real estate firms and their cultures, and we thus have recognised

a major opportunity in Brisbane for a standout independent agency that is free of the red tape and lack of personal accountability that is so often found in corporate firms. We recognised that to be the full-service answer to these owners, we needed a national platform for which to showcase properties of national relevance, and to be able to leverage the collective force of a national network of agents all around the country to deliver the best result the nation has to offer. What is your number one piece of advice for investors? If you’re currently in the market, buy now to secure your investment under the current taxation laws. Bill Shorten’s proposed changes to capital gains tax laws, etc. could have some major effects on the bottom line of future holdings. This could lead to a big difference in the overall performance of the asset from a post-tax position both over the lifetime of the investment and at disposal.

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All figures are exclusive of GST and outgoings. All sizes are approximate.

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C OFFICE ON E

544 South Pine Road, Everton Park, QLD

FOR SALE $2,990,000 + GST

Rare opportunity to own iconic office on major thoroughfare

AREA 645m2

544 South Pine Road offers a rare opportunity for purchasers to secure an iconic commercial building in the heart of Brisbane’s Northside.

Pine Road, EVERTON PARK

Situated on the major thoroughfare of South Pine Road, users benefit from massive exposure. The property features a modern façade, tidy reception area, professional mix of offices and Unit: generous on-site parking.

Located in the main precinct of Everton Park, withArea a varietysqm: of popularto businesses youriconic doorstep not to mention the major purchasers secureatan of Everton Plaza. Get in quick to secure your new facility, Outgoings: thside.upgrade Situated on the major because this one won’t last. from massive exposure. The Price: rea, professional mix of offices

GST:

All figures are exclusive of GST and outgoings. All sizes are approximate.

variety of popular business' at Everton Plaza. Get in quick to

Parking:

• 7 kilometres from Brisbane’s CBD

PARKING 15+ on site

• Public transport at your door • Freestanding site • 645m2 on a considerable 1,012m2 block

Suite • Two story corner office with the ability to divide into multiple tenancies or occupy whole 645 street access • Dual

Daniel Hutchinson 0434 314 624 daniel@falproperty.com.au $2,990,000 + GST (if applicable) Jeremy Conybeare 0411 228 233 jeremy@falproperty.com.au All figures quoted are exclusive of

Ample on site

FROM BRISBANE CBD 7kms

GST.

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18 Shoebury Street, Rocklea, QLD

FOR SALE OR LEASE

Major city fringe transport depot

OFFICE AREA 500m2

Proven transport depot previously occupied by one of Australia’s most recognised transport companies - Lindsay Australia.

• 3 x undercover awnings + 6 x self-levelling docks + 6 x container height roller doors

The property is strategically located directly across the road from the Brisbane Fruit and Vegetable Markets and is only 10 kilometres south of the Brisbane CBD. Noted as Brisbane’s premier transport destination, Rocklea enjoys immediate access to South East Queensland’s major arterial links to Pacific Motorway, Logan Motorway, Centenary Highway, Warrego Highway, Beaudesert Road, Mt Lindsay and Cunningham Highways.

• Full size approved truck wash bay

• 4,588m² warehouse and office facility (on 19,300m² site)

• Clear span warehouse 8-9m internal height and sufficient natural internal light • Large 3 phase power supply supporting cold room facility • Outgoings approx $19.68 per m² pa (Lease: paid by tenant) • Option for over 1,000m² of cold room space

• Significant concrete hardstand + drive through and around B-Double access All figures are exclusive of GST and outgoings. All sizes are approximate.

WAREHOUSE AREA 4,088m²

John Andrew 0488 018 998 john@falproperty.com.au

FROM BRISBANE CBD 10kms

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189 Ingram Road, Acacia Ridge, QLD

Industrial warehouse in Brisbane’s traditional industrial heartland

FAL Property Group is pleased to offer 189 Ingram Road for sale to the open market via Expressions of Interest. Acacia Ridge is Brisbane’s traditional industrial heartland, approx. 13 ox Australian radial Mowers kilometres south of the Brisbane CBD.

AREA 2.02ha

• Leased to long-standing Australian brand Cox Industries (Australia) Pty Ltd, strong income includes 3% fixed annual increases

FREESTANDING FACILITY GFA 9,101m2

• Fully recoverable outgoings schedule including land tax and

189 Ingram Road, Acacia Ridge is close to Beaudesert Road and property management COX - An Australian story has good access to the Ipswich, Gateway success and Logan Motorways. Other key features of this asset 9,101m² freestanding Started byinclude Engineer and Inventor Owen Cox over• Potential sixty yearsfuture ago, development site with corner location facility on approx. 2ha site. Cox’s ride on mowers have been cutting Australians’ grasses, bush This property also has the opportunity to lease areas from 1,000lands andability lawnstoevery weekend since. Listening to what people said 3,500m² approx. as well as the purchase the whole property, both as vacant possession or a tenanted investment to made ride-on lawn mower ey needed in a mower, Owen designed and produced the first Australian Cox Mowers Australia. the COX MowMobile.

John Andrew 0488 018 998 john@falproperty.com.au

All figures exclusive GST and outgoings. All sizes are approximate. om then on, theyare have beenofdesigning and engineering mowers that constantly exceed

eir customer’s needs and expectations, yet ensuring Owen’s way of thinking still shines

rough their extensive range.

OFFERS INVITED

TENANTED NET INCOME $730,000 + GST pa Investment

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113 Wickham Terrace, Spring Hill, QLD FOR SALE

Outstanding office in desirable CBD location

FLOOR AREA 146m2

You are viewing a rare opportunity to secure an outstanding office in the heart of Spring Hill. Situated right on the cusp of the CBD, you will enjoy sweeping city views, open air balconies and a thoughtfully laid out configuration.

• Kitchenette/break out area

You will own the entire floor, ensuring that you can utilise every available square meter. Your floor is practically serviced by dual elevators that transports you to the extremely generous car park ratio of 1:52m2.

• M/F separate bathrooms

• 475m GFA

• Abundant natural light

2

• Exclusive open air balcony • Fully ducted A/C • Dual East/West aspect • Steps from Central Station and Queen St. Mall

• Dual elevator access

CBD LOCATION

• x3 executive offices | x1 boardroom • x9 dedicated car spaces (ratio 1:52) All figures are exclusive of GST and outgoings. All sizes are approximate.

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FOR SALE $2.3M (Whole Floor)

Jeremy Conybeare 0411 228 233 jeremy@falproperty.com.au INDUSTRIALCOMMERCIALPARTNERS.COM.AU | 27 INDUSTRIALCOMMERCIALPARTNERS.COM.AU | 27


Market Review MARK BOND VIC

Facey continues to thrive in Melbourne’s greater southeast, assisting SMB with identifying opportunities for growth. Finding these opportunities, such as an investment property, is often a challenge. However, our well-resourced team can help you identify, assess and purchase that next asset. Covering industrial, retail, office and showrooms in Melbourne’s premier growth corridor, the team at Facey can help you find what you are seeking.

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Infrastructure continues to be the emphasis in Victoria’s south-east region, particularly major improvements of railway lines. The most recent level crossing removal was at Clyde Road in Berwick - one of the 75 level crossings the Victorian Government will be removing throughout Melbourne by 2025. Such improvements are imperative to infrastructure and connectivity within the south-east, with greater accessibility enhancing the community’s value and increasing

demand for land and property within the area. In industrial property the appetite is for large sites by Tenants and Occupier. With a reported 400,000m2 of space being currently sought the demand for industrial land has never been stronger in the West, North and South East. This has resulted in industrial property being the place to be for investors seeking these significant occupants.


30-32 Abbott Road, Hallam, VIC

FOR SALE $2,200,000

Land and building to develop your business on

BUILDING AREA 956m2

30-32 Abbott Road, Hallam is just a tick over an acre, with a very functional office/warehouse/factory of circa 1,000m² and a large consolidated yard to the side and rear.

• Located in central Hallam, close to major arterial roads including the Monash and South Gippsland Freeways, Hallam South Road and Princes Highway

Supergroups are on the move to larger premises within the Hallam Estate. The property has been home to this fantastic business for well over a decade and now it could be the place to let your business grow. The current lease returns $129,199 pa + O/G and concludes in June 2019. The property includes a large wash bay complete with a triple interceptor.

• Rental return $129,199 pa + O/G’s • Large side and rear yard • 4 RSDs

Mark Bond 0419 386 882 mark@faceyindustrial.com.au All figures are exclusive of GST and outgoings. All sizes are approximate.

LAND AREA 4,059m2

ZONING Industrial 1

Cameron Jay 0488 335 388 cameron@faceyindustrial.com.au INDUSTRIALCOMMERCIALPARTNERS.COM.AU | 29 INDUSTRIALCOMMERCIALPARTNERS.COM.AU | 29


211 Atlantic Drive, Keysborough, VIC FOR LEASE

Brand new industrial/warehouse near major arterials

225 ATLANTIC DRIVE PRELEASE OPPORTUNITY

ATLANTI C 217 ATLANTIC DRIVE PRELEASE OPPORTUNITY

Get in early to secure this outstanding facility currently being developed by Elite Property Group, positioned just off Greens Road, adjacent to the highly desirable ‘Key Industrial Estate’. Available for Q4 2019 occupation, the high-end facility will include: - 2,350m2 total building - Area - 330m2 of corporate offices over two levels - Access via two separate driveways - High clearance, clear-span warehouse - 3 roller shutter doors, two of which have canopies - Front and side roller shutter door access for optimum access/ functionality - Ample parking on site (35 spaces) - Unbeatable proximity to Greens Road and Eastlink All figures are exclusive of GST and outgoings. All sizes are approximate.

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211 ATLANTIC DRIVE

3,562m2

• Developed by Elite Property Group • Greens Road location

BUILDING AREA 2,350m2 DRIVE

205 ATLANTIC DRIVE

3,573m2

LAND AREA 3,562m2

• Available Q4 2019 • 2,350m2 total building area

Colin Tarlamis 0400 344 070 colin@faceyindustrial.com.au Christian Hatzis 0409 241 635 christian@faceyindustrial.com.au

ZONING Industrial 1


39 Bazalgette Crescent, Dandenong South, VIC FOR SALE

Pick your investment - national tenant

BUILDING AREA 2,707m2

A very rare investment opportunity has come to market in the coveted Logis Industrial Estate.

• New lease to Allied Pickfords

Located close to the heart of the estate, directly opposite modern parkland stands this 3,999m² block with a new 2,707m² warehouse. This new building is highly functional with high clearance warehouse accessible via three roller doors.

• Brilliant location within The Logis Estate

• Brand new 2,707m2 building

RENTAL $257,260 pa

The site has been leased to national tenant, Allied Pickfords, on a 4 year term with two 3 year options. Returning $257,260 net per annum with the tenant paying all outgoings. Seize this opportunity to take advantage of full deprecation by making it yours today.

Colin Tarlamis 0400 344 070 colin@faceyindustrial.com.au All figures are exclusive of GST and outgoings. All sizes are approximate. approximate

ZONING Industrial 3

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Market Review STEVE SMITH

SA

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Industrial precincts to the north of Adelaide are experiencing a boon in activity in the lead up to the opening of the northern connector, and specialist industrial agency, Leedwell Property is at the forefront of transactions with 125,000m2 of land sales under its belt so far this financial year. Another 175,000m2 of vacant land has transacted in the region over the same period amounting to 300,000m2 in total. This is compared to only 120,000m2 of vacant land in this area sold within the entire market during the 2017/18 financial year. Leedwell Property agent Steve Smith says, “Travel times between the traditional inner northern region and the outer north are expected to be reduced to only seven to eight minutes once the northern connector is fully functioning, and this has been the major catalyst for the high level of activity. “Value for money is a significant driver. Businesses will be eight minutes up the

road and will have paid a third of the price for land in Direk and Edinburgh compared with Wingfield and other inner-northern locations.

attractive attributes for the estate. Edinburgh and Edinburgh North are also in high demand through affordable land availability,” he says.

“This significant saving in land cost is a win for both owner-occupiers and tenants who can enjoy reduced overheads in a brand new purpose-built facility a short distance from traditional suburbs,” he says.

In addition to land sales in the area, Leedwell has also sold 11,000m2 and leased a further 20,000m2 of improved sites.

Some of the recent groups to commit to the region include: Boeing, Drakes Supermarkets, Hobson Engineering, Rhodes Wool and a number of developers seeking to land bank and develop in the future. A major beneficiary of the activity has been Vicinity Industrial Base given its strategic location. In describing this site, Steve Smith says, “Factors including; the proximity to the Northern Connector interchange with Waterloo Corner Road, B-Triple licensed roadways, easy access, affordable land pricing, quality buildings and corporate occupiers are all

“As well as the vacant land, there’s also quality buildings being transacted as part of this purple patch. We are currently marketing two top quality office warehouses at 28,000m2 and 7,000m2 respectively, that are among the best facilities in the market at very competitive rental rates. It really feels like a Land of Plenty with excellent facilities available now and a further 200,000m2 of vacant land coming soon through Walkers mobilising Stage Three subdivision at Vicinity Industrial Estate,” Steve Smith says.

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Port Adelaide Industrial Estate, Building D, 25-91 Bedford Street, Gillman, SA FOR LEASE

Flexible, functional and affordable warehouse facility

BUILDING AREA 4,000 - 12,121m2

Port Adelaide Industrial Estate is a stand-out warehousing and logistics estate which is centrally located for all industrial purposes. It enjoys proximity to major industrial transport routes, including Port River Expressway, Northern Connector and the port at Outer Harbour.

• Significant external truck parking, designated external loading areas and canopies

The estate includes a series of office warehouse buildings providing a variety of accommodation to suit the needs of medium to large tenancy requirements. Areas from 4,000m2 can be leased within Building D.

• Comprehensive traffic management for safe movement and loading/unloading

ZONING Industry

• Bedford Street gazetted for B-Double and road-train (36.5m) truck movement

• Multiple at-grade loading access points all supported by generous internal road networks and multiple road crossovers

• The estate is fully fenced with CCTV security cameras to common areas in the estate. Security patrols are also undertaken overnight Steve Smith 0410 532 022 steve.smith@leedwell.com.au

All figures are exclusive of GST and outgoings. All sizes are approximate.

Henry Treloar 0412 404 426 henry.treloar@leedwell.com.au

MUNICIPALITY Port Adelaide Enfield

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54-56 Diagonal Road, Pooraka, SA FOR SALE

High quality office warehouse on huge site

54-56 DIAGONAL RD POORAKA

OFFICE WAREHOUSE 1,800m2

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The property enjoys a high profile to Diagonal Road and is situated in the premier industrial region of Adelaide, benefiting from close proximity to major transport infrastructure including Main North Road, Port Wakefield Road, Port River Expressway and the soon to be completed Northern Connector.

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• Excellent improvements • Large hardstand or development opportunity

CENTRAL INDUSTRIAL LOCATION

High quality office warehouse measuring 1,800m2 upon 10,018m2 providing ample hardstand or display area or the opportunity to develop additional improvements. The existing improvements provide modern industrial accommodation with quality offices, a high clearance, clear-span warehouse, multiple roller doors providing drive through opportunity and a wash bay.

Steve Smith 0410 532 022 steve.smith@leedwell.com.au All figures are exclusive of GST and outgoings. All sizes are approximate.

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Henry Treloar 0412 404 426 henry.treloar@leedwell.com.au

EOI CLOSING 20 June 2019 at 4pm


9-13 Caribou Drive, Direk, SA FOR LEASE

Modern office warehouse with impressive hardstand

TOTAL AREA 7,027m2

WATCH VIDEO

Vicinity Industrial Base is one of Adelaide’s premier industrial estates, located just 15 minutes north of Port Adelaide. It is an ideal location for businesses seeking unparalleled access to the nation road network with close proximity to on-off ramps for the Northern Expressway and soon to be completed Northern Connector. This property is a modern office warehouse measuring some 7,027m² and featuring quality office accommodation. Additionally, this property includes a high clearance warehouse with recessed loading docks and finger docks which can be reconfigured to suit. A large canopy provides undercover loading. However, a massive concrete hardstand is one of the most defining features which sets this property apart from the competition.

All figures are exclusive of GST and outgoings. All sizes are approximate.

• Whole building of 7,027m2 • Office of 415m , warehouse of 6,612m 2

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RENTAL $668,000 pa net

• Rent $95 per m2 • Offered in conjunction with JLL (SA) Pty Ltd

Steve Smith 0410 532 022 steve.smith@leedwell.com.au

ZONING Urban Employment

Henry Treloar 0412 404 426 henry.treloar@leedwell.com.au INDUSTRIALCOMMERCIALPARTNERS.COM.AU | 37 INDUSTRIALCOMMERCIALPARTNERS.COM.AU | 37


Vicinity Industrial Base – Edinburgh Road, Direk, SA FOR SALE

Industrial land for sale; serviced, level & ready to build on

LOT SIZE 2,750m2 - 20ha

Vicinity Industrial Base is situated in the precinct of Direk, 25 minutes from Adelaide CBD, and 35 minutes from Adelaide Airport. Adelaide’s northern suburbs have been identified as one of Australia’s strategic growth areas, supported by excellent forward planning for infrastructure and growth, both by the State Government and local councils. Vicinity is Adelaide’s largest master planned industrial estate, encompassing 100ha. Within the established industrial precinct of Direk, this location offers direct access to major transport infrastructure as well as being considerably more cost effective than comparable land in Adelaide’s northern suburbs. Benefit of the Vicinity masterplan is evident in both the variety of lot options available, and the access offered throughout the site. All land is regularly shaped and level, as well as flexible in size and All figures are exclusive of GST and outgoings. All sizes are approximate.

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configuration. In addition, makes Vicinity the only industrial estate in the outer northern suburbs with Road Train access.

ZONING Industry

• Level 3 B-Triple road train access • 2km from Port Wakefield Road • 3km from NEXY connection • Lots sizes from 2,750m2 - 20ha • 35 minutes to Adelaide Airport • Adjacent to Key Oversize Overmass route on Heaslip Road Steve Smith 0410 532 022 steve.smith@leedwell.com.au Henry Treloar 0412 404 426 henry.treloar@leedwell.com.au

25 MINS TO ADELAIDE CBD


35-39 Schumacher Road, Wingfield, SA FOR LEASE

Corporate office warehouse/distribution facility

LAND AREA 2.3ha (5.68 acres)

The property is located in Adelaide’s Premium Industrial suburb, Wingfield. The location benefits from close proximity to all major transport infrastructure including Port River Express Way, North South Motor Way, Grand Junction Road and Main North Road.

• Building area of up to 11,000m2

• High clearance, drive around and drive through access, corporate office and amenities, loading canopy and much more

FLOOR AREA 3,500 - 11,000m²

• B-Triple access

• Site area of 23,000m2 (2.3ha) • To be constructed to the highest quality incorporating the latest in sustainable design and features Henry Treloar 0412 404 426 henry.treloar@leedwell.com.au All figures are exclusive of GST and outgoings. All sizes are approximate.

ZONING Industry

Steve Smith 0410 532 022 steve.smith@leedwell.com.au INDUSTRIALCOMMERCIALPARTNERS.COM.AU | 39 INDUSTRIALCOMMERCIALPARTNERS.COM.AU | 39


10-16 Churchill Road North, Dry Creek, SA FOR LEASE

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Dry Creek is located some 12 kilometres north of the Adelaide CBD. The site is perfect for a transport or logistics company, being well connected to major transport roads including Port Wakefield Road, Grand Junction Road and the North South Motorway.

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• Multiple design options available • Building size circa 3,500m2

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FLOOR AREA 3,500m2

• Site area 8,928m2 • Dual access and B-Double to site

The opportunity exists to design your new office warehouse to suit your requirements.

Henry Treloar 0412 404 426 henry.treloar@leedwell.com.au All figures are exclusive of GST and outgoings. All sizes are approximate.

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Steve Smith 0410 532 022 steve.smith@leedwell.com.au

ZONING Industry


122-132 Purling Avenue, Edinburgh, SA FOR LEASE

A pearler on Purling! Areas from 10,000m2

TOTAL AREA 28,792m2

Edinburgh Parks precinct is on the move, with a number of sales agreed as part of Renewal SA’s food precinct, revitalisation of the former GM plant and soon to be constructed Drakes Supermarkets Distribution Facility. Combined with the December completion of the Northern Connector significantly reducing travel times through express travel - Purling Distribution Centre is an opportunity not to be missed! The only true distribution centre available in Adelaide is now available for lease. This facility is offered at significantly less than equivalent facilities in Regency Park or Wingfield.

All figures are exclusive of GST and outgoings. All sizes are approximate.

• The building has cross-dock capability • Extensive concrete curtilage providing efficient truck access to a total of 26 roller doors (including 8 recessed loading docks)

WAREHOUSE 28,291m²

• Potential rear access to Tuggerway (stc) • 501m2 corporate quality single level offices with ‘as new’ presentation, also offering extensive staff amenities, canteen and breakout areas Steve Smith 0410 532 022 steve.smith@leedwell.com.au

PARKING 118 Spaces

Henry Treloar 0412 404 426 henry.treloar@leedwell.com.au INDUSTRIALCOMMERCIALPARTNERS.COM.AU | 41 INDUSTRIALCOMMERCIALPARTNERS.COM.AU | 41


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 has been a business synonymous with real estate in South East Melbourne since Frank Facey opened for business in 1917. The Facey team continues to provide local expertise to service long standing clients with sales, leasing and property management requirements.

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