#15
August /September 2020
The Interview: Marco Gattino Nick Lower Theo Onisforou Around the Country: National Site Listings
Inside Issue #15
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From the CEO
Welcome to the August issue of The Property Development Review. This current trading period has unquestionably hardened all businesses in terms of adjusting to an ever-challenging landscape. For Development Ready, July was encouraging, with listing volumes ahead of expectations. Flexibility to adapt is vital. Dialogue with a number of city and metro agents has indicated that purchase – ready buyers are still active, albeit more discerning in their requirements. Commercial Ready is Coming
The Interview: Marco Gattino, Goldfields Group
15
This month we are excitingly launching Commercial Ready - a brand new website portal to showcase all commercial property assets. We believe that commercialready.com.au will be an industry game-changer. Our learnings and ongoing success with Development Ready has set the benchmark for the enriched functionality and innovative features of Commercial Ready’s website. We’ll let you know when its live. The Interview Series continues with three new industry players. Featured on the front cover of this issue is Theo Onisforou principal and founder of Angus Property & Development. Theo’s strict selection criteria for development projects distinguishes his company from the pack. His track record for successfully giving new life to historic buildings is well recognised. Nick Lower is a State Director for Savills. A number of Nick’s business disciplines are derived from his former occupation as an AFL footballer. The current COVID environment has instilled in Nick an attitude to simply “deal with what’s happening now”. Nick is very much optimistic for the future.
In Interview: Nick Lower, Savills
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Former lawyer turned developer; Marco Gattino is Managing Director of the Goldfields Group. With a project pipeline totalling over $2bn as of early 2020, Marco is quite specific on how his company evaluates the viability of future project. Importantly we feature the latest and significant development sites for sale Australia-wide – check them out. Please enjoy the read and above all stay safe.
Nick Materia, Founder & CEO, Development Ready
On The Cover Marco Gattino Goldfields Group
The Interview: Theo Onisforou, Angus Property
Design & Direction Cam Norris
Editor in Chief Rob Langton, Development Ready
Advertising Enquiries Ted Lloyd ted@ developmentready.com.au
Editor Jack Gaffney, Development Ready
Editorial Enquiries editor@ developmentready.com.au
Contact TPDR Level 1, 167-169 Buckhurst Street, South Melbourne VIC 3205 Tel. 03 9631 5476 info@ developmentready.com.au
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The Interview: Marco Gattino
Marco Gattino is Managing Director of the Goldfields Group - a Melbourne-based property company with a noted track record within the industry. In a previous working life Marco was a lawyer working alongside renowned Melbourne developer, Clement Lee at Asset1.
The Property Development Review
Marco Gattino Goldfields Group
Under Marco’s leadership, Goldfields has amassed a project pipeline totalling over $2bn as of early 2020, with projects underway or proposed across Adelaide, Melbourne, Sydney & Brisbane. Rob Langton’s interview with Marco covers a wide range of topics including the evolution of Goldfields Group since its inception in 2010 and opportunities within the office, residential and commercial sectors. Watch the full interview now.
17' Click Play Button to Watch Interview. Interview: Rob Langton, Development Ready
Image: Goldfields Group
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Market Moves
Market Moves: Around the Country
VIC Australia’s southern mainland state has seen multiple high value transactions through the past six weeks, as big movers look to capitalise on emerging opportunities as a result of a stabilising market. The largest of which being a Telstra data centre in Clayton that Funds manager Centuria Capital snapped up for $416.7 million, taking its property empire close to $10 billion. The acquisition of the 3.2 hectare property proves to be a highly strategic move, with Centuria heads John McBain and Jason Huljich backing the two areas which could benefit from the coronavirus crisis, as more people work from home or in suburban offices rather than in CBDs. The deal includes a 30-year leaseback arrangement, with Telstra taking place as Centuria’s largest tenant. Melbourne’s CBD saw multiple assets changing
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Image: 222 Exhibition Street, Melbourne
hands, with LaSalle Investment Management selling a half share in their 30-storey office at 222 Exhibition Street for $205.675 million. The investment firm first acquired the building, in 2015 for $231 million. Singapore’s GIC agreed to the 50% stake following a renovation. David Jones has contracted to sell, with a short-term leaseback, its menswear store at 299 Bourke Street Mall to Australian-based investor Newmark Capital for $121 million, progressing with the retailer’s plans to create a premium flagship experience in the heart of Melbourne’s CBD. A former laboratory in Highett, in Melbourne’s south east, has traded hands from the Commonwealth Scientific and Industrial Research Organisation (CSIRO) to the Wolf Group for $90 million. The 9.34-hectare property will make way for a new housing estate, after the Department of Environment, Land, Water and Planning recently zoned it for the construction of more than 500 residences.
Four hectares of the property will be reserved for public use. The Dexus Australian Logistics Trust (in which Dexus holds a 51% stake and GIC the balance splashed out $73.5 million for an 8.8-hectare distribution centre at the Merrifield Business Park, in Melbourne’s northern suburb of Mickleham. Ford Australia has committed to an initial 10 year-term, with the sale taking place after the car manufacture’s pre-commitment.
NSW High profile sales weren’t isolated to just Victoria, with Sydney experiencing a number of strong results too. Recently, Rafi Assouline, a luxury eastern suburbs residential developer, agreed to splash out $185 million for a mixeduse site in Wooloomooloo. The ‘No Birds’
The Property Development Review
site (as it is known), encompasses 5,000sqm site and was put on the market by Arnold Kluck under a three-year-plus settlement agreement, granting Mr Assouline the assurance to move now and act in a (hopefully) post-COVID environment. The new owner has announced intentions to develop a luxury mixed-use project in excess of $500 million. Charter Hall has acquired a 30.6 hectare investment property in Sydney’s south western suburb Minto through their Prime Investment Fund (CPIF) for $207 million. Located on Culverston Road the property is currently used as a fully leased car distribution centre and was also sold with State Significant Development Approval allowing up to 112,000sqm of warehousing. A strategic decision given its location in proximity to Sydney’s second international airport. Dexus Australian Logistics Trust has again invested in premium industrial investments, this time in Greenacre, in Sydney’s southwest, for $100 million. The four hectare facility comprises of a 19,246sqm cold store and ambient complex leased to two occupiers, Real Dairy and Tomkin. There is also a 5,950sqm tract set to be developed. Well respected developers Pelligra have been making room in their portfolio for new projects, recently offloading 7 Kiora Crescent in Sydney’s west to Singapore listed Ascendas REIT for $23.5 million. The distribution centre forms part of a 32 Ha estate in Yennora acquired by LOGOS in 2015. Pelligra’s Larapinta Project Pty Ltd paid $8.83 million for the 2.7-hectare lot in June 2017. The 13,100 sqm facility is due for completion in the second quarter of 2021.
five-storey building on a corner landholding of 1,814sqm in Lutwyche for $11.25 million. The 1,776sqm two-storey office offers considerable development potential and also contains 60 basement car bays. APN Convenience Retail REIT (AQR) has snapped up the newly built Brisbane Airport Link Service Centre, from a private local developer, for $10.5 million, thereby boosting the value of its portfolio to circa $455 million. The centre is anchored by a 15-year lease to Ampol, which is operating a Caltex and Foodary operation at the site, representing 78% of the income. A private investor has purchased a 2,900sqm industrial facility in Banyo in Brisbane’s north from a Melbourne Family for $7 million. The modern warehouse is home to the Queensland University of Technology’s (QUT) Pilot Plant Research Facility, leased on a new 5-year term. And finally, the new owners of The Hideaway, Australia’s premier glamping resort, may face some local community pushback, should they decide to propose any significant development plans after acquiring the asset for around $5 million. Situated in Cabarita, the sale marks the biggest the village has seen in over 10 years and represents the only development land remaining on the eastern side of Tweed Coast Road and is R3-zoned for a unit or townhouse development or land subdivision. The news of the asset hitting the market raised concerns within the local community, with a campaign launched shortly thereafter to keep the land in local hands.
QLD
AROUND THE NATION
The Healthcare Wholesale Property Fund (managed by Dexus) swooped in recently to secure the College Junction commercial complex in Clayfield in Brisbane’s north for $36.5 million. The asset comprises 3,118sqm of lettable office space within a new threestorey building completed just three years ago and was sold close to 100% occupied. The vendors originally purchased the complex in 2014 for $3.05 million.
Multiple portfolio sales are bracing the news pages as well. In Australia’s largest industrial deal for 2020, a collection of four ALDI distribution centres are being acquired for $648 million by a joint venture between Charter Hall and insurance giant, Allianz. The four distribution centres, located in Sydney, Victoria and Brisbane, will be leased back to ALDI Australia returning a total income of $30.1 million per annum.
The well-established food, lifestyle and convenience-based shopping centre Horizon at Wellington Point in Brisbane’s south west has traded hands from Eagle Point Investments Pty Ltd to Ambrose Regional Property Pty Ltd for $14.34 million.
Charter Hall continues is spending spree, acquiring three warehouses from OwensIllinois Australia for a total of $214 million. Two of the new owner’s funds are involved in the sale and leaseback; the Charter Hall Prime Industrial Fund (CPIF) and Charter Hall Direct Industrial Fund No.4 (DIF4). CPIF has acquired two properties, 617-625 Port Road, West Croydon in Adelaide and 21 Simcock
A local aged care community and disability services organisation has moved to secure a
Avenue, Spotswood, in Melbourne for a total of $126 million, whilst DIF4 has acquired 130170 Andrews Road, Penrith in Sydney for $88 million. As part of the sale and lease back agreement, OIA will continue their occupation of all three properties with a 20-year triple net lease, with fixed 3.0% annual rent reviews. Four industrial assets belonging to the founders of Nationwide Towing & Transport have been sold with a leaseback to separate buyers for a speculated total price of more than $14 million. The properties include 42 and 44 Lancaster Road Wangara, in Perth (~$1.47 million); 10 Ashburn Place Blackburn, in Melbourne (~$3.2 million); 12 Industrial Avenue Southport, in Gold Coast (~$3.2 million); and 7 Tollis Place Seven Hills, Sydney (~$6.13 million). In total, the assets return an annual rent of $901,960.
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New South Wales Listings
SYD. 33.8688° S 151.2093° E
NSW 06
Property Listings
NSW
The Property Development Review
Accelerating success.
PR EST IGIOUS NORTH WEST SYDNE Y L AND HOLDING W IT H DA A PPROVAL FOR S ENIORS LIVING FOR SALE by EOI closing Thursday 3 September 2020 by 4pm (AEST) ‘WIRRABARA VILLAGE’ 3-5 PELLITT & 9 WIRRABARA ROAD, DURAL NSW
Henry Burke 0418 238 636 Site Area 6.322ha* GFA 16,004m²
97 houses, villas, apartments & 36 RAC
Potential to stage development
Close to transport, amenity & schools
colliers.com.au/p-AUS66010196
Affluent catchment area with strong sales
Peaceful, secluded & serene setting
Guillaume Volz 0404 887 717 Eugene White 0423 021 439
*Approx.
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Property Listings
NSW
Accelerating success.
I D E A L R ES IDENTIAL OR FL AGSHIP BOUT IQUE PBSA D E V E LOP MENT S ITE FOR SALE by EOI closing Wednesday 2 September 2020 by 4pm (AEST) ‘229 ANZAC PARADE, KENSINGTON NSW
Guillaume Volz 0404 887 717 Site Area 506sqm*
Proposed Height Limit 31m
Proposed FSR 4:1
Located Opposite UNSW
colliers.com.au/p-AUS66010249
200m* to UNSW Light Rail Station
Zoning B2 Local Centre
*Approx.
Eugene White 0423 021 439
Property Listings
NSW
4 POWELL ROAD ROSE BAY
ENTIRE STRATA BLOCK OUTSTANDING BLUE-CHIP INVESTMENT OPPORTUNITY
BLOCK OF 4 STRATA APARTMENTS TO BE SOLD IN ONE LINE
Occupying a level block in a superb location just moments from the harbour foreshore, this Art Deco strata-title block presents a terrific investment opportunity with incredible scope and further potential. Offered to the market for the first time in almost four decades this unique property has 2 spacious units per floor. Each apartment is set over approximately 80sqm and offers 2 bedrooms plus sunroom, a spacious lounge, large eat-in kitchen/ dining area. There are shared laundries at the rear. An ideal opportunity for a self-managed superannuation fund or for the astute long-term investor.Information Memorandum with more details available on request. Expressions of Interest: Closing Tuesday 1 September 2020 at 5pm Inspect: Saturday & Thursday 12.15 - 1.00pm Contact: Warren Davis 0417 255 921 Email: WarrenDavis@bradfieldcleary.com.au
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Property Listings
NSW
Big land, long lease, high return For Sale 520 Pacific Highway, Wyoming NSW – High Return Investment – Large site area of 8,115 sqm* – Net income of $576,980.00 + GST* – New 10 year lease with fixed 3% annual increases – Strategic location opposite Wyoming Shopping Centre and moments from Gosford central business district
Expressions of Interest Closing 27th August, 2020 at 3pm Dylan McEvoy 0406 560 204
Gordon McFadyen 0451 956 273
property.jll.com.au/317876
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*(Approximate)
Property Listings
NSW
RESIDENTIAL APARTMENTS
207-211 Hoxton Park Road, CARTWRIGHT, NSW, 2168
The Property Development Review
Boka Real Estate is presenting the fantastic opportunity to acquire a boutique D.A approved development site in Cartwright, close to public transport, schools and Westfield Shopping Centre Liverpool. This site features a secure parking basement carpark plus storage.
FOR SALE For more information on this exceptional development opportunity please contact the Boka Real Estate Sales team on 9608 – 2222
186 Pacific Highway, Roseville residential FO R SA L E
Expression of Interest Closes Thursday 17 September 5pm
DEVELOPMENT APPROVED 26 apartments at 4 x 1 bedrooms, 18 x 2 bedrooms and 4 x 3 bedrooms Large land holding of 2008 sqm
Blank canvas of opportunities. Currently utilized as 2 separate residences offering 2 bedrooms, 1 with a study, spacious living areas, plus substantial car accommodation this property is uniquely positioned for all manner of situations.
WELCOME
Land size 1,163 sqm Zoned R4
AGENT
Michael Bevan 0418 484 692
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Property Listings
NSW
Vacant Medical Practitioners With Development Uplift For Sale 132 Tower Street, PANANIA • • • • • •
Offered to the market for the first time in 42 years Vacant Doctors-Medical practitioners 600 metres to Panania Train Station Within Canterbury to Bankstown rezoning with 2:1 FSR (STCA) Site area: 633 sqm* (Approx) Zoning: B2 Local Centre
For sale via Expressions of Interest via exclusive agent, Ryan Greenhalgh of Ralton Property Group. Inspection via appointment only.
Ryan Greenhalgh Senior Sales Executive (P) +61 2 9096 4664 (M) +61 422 725 866 (E) ryan@ralton.com.au (W) www.ralton.com.au
T
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Property Listings
NSW
The Property Development Review
GOSFORD CBD
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Property Listings
NSW
Here’s what leading NSW agents are saying: DR IS CRITICAL FOR ANY DEVELOPMENT SITE OF CONSEQUENCE DR plays an important part in our marketing strategies, and critical for any residential development site of consequence. The EDM drives high quality enquiry, and the InstaDocs products lets me collect vital information on purchasers trends. Will is constantly adding his own value for us and our clients, excellent service all around! Development Ready is a must-have marketing tool for any development listing. MARK LITWIN Associate Director, Knight Frank Western Sydney
WE EXPERIENCE A BROADER BUYER POOL When selling development opportunities, agents experience a usual group of enquiries on a campaign after campaign. With Development Ready we experience a broader buyer pool, with new purchasers enquiring that we have never dealt with in the past. This provides vendors with more comfort, knowing that their marketing when selling is covering the market. DEMI CARIGLIANO Senior Executive, Knight Frank South Sydney
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Visit DevelopmentReady.com.au
WE CONSISTENTLY ACHIEVE ENGAGEMENT FROM A RANGE OF NEW PURCHASERS The developmentready.com.au website is an imperative marketing component for our team when conducting an onmarket sales campaign. We consistently achieve engagement from a broad range of new purchasers that we may not of have reached without the use of this website. The exposure that the development ready provides to our development site listings has been fantastic. HENRY BURKE National Director, Colliers International
LEADS THAT DELIVER RESULTS DR has proven to be an integral part in our marketing campaigns. It is a tailored and direct approach to reach our target market with qualified leads that deliver results. JOSEPH ASSAF Director, Ray White Commercial NSW
The Interview: Nick Lower
Nick Lower is the State Director, NSW Metropolitan & Regional Sales for Savills. Rob Langton’s interview with Nick touches on his experience as an AFL footballer before his involvement in commercial real estate. Nick initially joined CBRE in Melbourne and was mentored by commercial real estate guru Mark Wizel. His journey continued to Sydney where he now also leads Savills’ insolvency practice nationally.
The Property Development Review
Nick Lower Savills
The current COVID environment has instilled in Nick an attitude to simply “deal with what’s happening now”. Nevertheless Nick is positive on the future of the industry albeit with differing dynamics. Watch the full interview now.
17' Click Play Button to Watch Interview. Interview: Rob Langton, Development Ready
Image: Savills
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Tasmanian Listings
HOB. 42.88056° S 147.32500° E
TAS
Property Listings
TAS
The Property Development Review
Development site with scheme for 9 units. 7-9 Abbotsfield Road, Claremont TAS.
For Sale by Expressions of Interest
Site area: 4,085 sqm*
Close proximity to Glenorchy shops
Zoning: “Inner Reesidential”
Development scheme for 9 units
Area high demand for housing
15 mins drive to Hobart’s CBD
On offer for sale is one of the last large undeveloped land parcels in Claremont, only metres from the Derwent River. Offering river views the site carries a development scheme for nine units and is minutes from Claremont Village Shopping Centre and MONA Museum. With greater Hobart’s current under supply of residential dwellings and the growth rate of the Northern suburbs there has never been a better time to secure a large development parcel of ‘Inner Residential’ zoned land. *Approx.
Matthew Wright 0458 290 588 George Burbury 0408 333 523
Office: 5 Victoria Street, Hobart TAS. Ph: 03 6220 6999
DA Approved subdivision in booming township. 30 Wolstenholme Drive, Sorell TAS.
For Sale by Expressions of Interest closing Thursday, 10 September at 4pm (AEST).
Site area: 30,120 sqm*
Close proximity to Sorell township
Zoning: “General Residential”
DA Approved for a 33 lot subdivision
Current under supply of dwellings
One of Hobart’s fast growing areas
An opportunity for developers to purchase a site in the booming township of Sorell. Situated on the western side of Sorell, this substantial land parcel is complimented with views of Orielton Lagoon and Mount Wellington. The land is adjoined by Pembroke Park sports grounds and is minutes drive to the heart of the Sorell township.
Matthew Wright 0458 290 588 George Burbury 0408 333 523
*Approx.
The site is flat reducing cost of civil works and capitalise on the current record demand for residential land.
Office: 5 Victoria Street, Hobart TAS. Ph: 03 6220 6999
knightfrank.com.au 17
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The Interview: Theo Onisforou
Theo Onisforou is the principal and founder of Angus Property & Development - a property investment group that recycles interesting, unusual, non-homogenous, high quality and neglected buildings.
The Property Development Review
Theo Onisforou Angus Property
They approach unusual buildings with the passions of an obsessive collector and with the opinion that homogeneous architecture depreciates whilst historic, unique, quality and interesting architecture appreciates. Theo Onisforou was recognised in 2015 by the University of NSW as an Alumni Business Leader in particular for his “Investing in urban renewal to create communities with lasting impact�. Watch this fascinating full interview now.
47' Click Play Button to Watch Interview. Interview: Rob Langton, Development Ready
Image: Angus Property
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Victorian Listings
MEL. 37.8136° S 144.9631° E
VIC
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The Property Development Review
Melbourne CBD (11km)
Highpoint Shopping Centre
A le xa n
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oa d
Moonee Valley Race Course
nt
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L ST R
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P BEL
SC
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M2 TULL AMA Pascoe Vale Station
Gaff n
RINE FRE EWAY
Moonee Ponds Creek Trail
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Str eet
For Sale: 492 Pascoe Vale Road, Strathmore Strathmore, a tightly held inner North-Western suburb, is on the doorstep to some of Melbourne’s best schools, parklands, shopping destinations, cafés, restaurants and entertainment. This property offers unique opportunity for a premium residential development including an approved permit for 18 two and three storey townhouses.
Residential Permit Approved • Significant site area of 3,235m2* • Approved permit for 18 two and three storey townhouses • Only 11km* away from Melbourne’s CBD • Dual frontage on to Pascoe Vale Road (73m*) and Moonee Ponds & Creek and Trail (78m*) • Walking distance to Train Station (500m), and close to a range of other amenities • A unique opportunity not to be missed! *Approx
For Immediate Private Sale
www.realproperties.com.au
View Listing
Joe Catanese 0418 367 514 jcatanese@realproperties.com.au
Lucas Gentile 0418 516 056 lgentile@realproperties.com.au
Property Listings
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VIC
Property Listings
VIC
The Property Development Review
BAYSIDE - BOUTIQUE DEVELOPMENT SUITABLE FOR APARTMENTS / SERVICED APARTMENTS COMMERCIAL DEVELOPMENTS
–
Land Area: 1,625m²*
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Prime Commercial 1 Land
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200 Metres to Rosebud Shopping Centre with Coles & Kmart
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Endorsed Plans for 23 Large Apartments + 2 Retail Shops With a Large Workable Building Envelope of 2781m* (*approx)
Robbie Haber M: 0417 586 778 E: robbie@kblcommercial.com.au VIEW LISTING
KBL COMMERICAL Suite 201, 566 St Kilda Road,Melbourne Vic 3004
Accelerating success Reach more people – better results faster.
BOUTIQUE BRUNSWICK WEST DEVELOPMENT SITE FOR SALE – EXPRESSIONS OF INTEREST CLOSING THURSDAY 27 AUGUST AT 2:00 PM 134-136 Melville Road, Brunswick West, VIC, 3055 – – – – – – –
Endorsed plan with NSA of 1,805 m²* Land area of 817.4 m²* with rear Right of Way (R.O.W) access Flexible Commercial 1 Zoning Frontage to Melville Road of 24 m* Boutique shopping village setting Ideal location with immediate tram access and nearby Anstey train station Easy reach of the vibrant Sydney Road activity centre
View Now *Approx
Joe Kairouz 0421 430 638
Hamish Burgess 0421 641 497 23
Property Listings
VIC
29,480 SQM* DEVELOPMENT SITE
Melbourne CBD ~14km*
86-88 Camp Road Broadmeadows
igh wa y/ Sy dn ey Ro ad
Western Ring Road
Camp Road
• Site Area: 2.948 HA*
rd va ule
Bo
86-
orp
88
c rth No
Hu me H
SALE BY EOI CLOSING THURSDAY 27 AUGUST, 3PM
• Commercial 2 Zone • 700m* to Western Ring Road • Occupy or develop
Outlines indicative only
For further information, please contact marketing agents: Tom Davis 0419 207 803 tom@bosisto.com.au
Walter Occhiuto 0410 438 417 wocchiuto@dawkinsocchiuto.com.au
Glyn Bosisto 0414 304 580 glyn@bosisto.com.au
Chris Jones 0477 881 882 cjones@dawkinsocchiuto.com.au
www.bosisto.com.au
www.dawkinsocchiuto.com.au *Approx.
For Sale: 1360 Toorak Road, Camberwell, VIC, 3124 Expressions Of Interest Agents in Conjunction: Michael Gross — 0419 355 561 Andrew Greenway —0409 547 626 Nick Breheny —0411 601 730 Aldo Galante —0417 055 588
Gross Waddell and GormanKelly are pleased to offer 1360 Toorak Road, Camberwell to the market For Sale via Expressions of Interest. The property presents an ideal owner occupation / investment opportunity or superb development site (STCA). – – – – –
Building area: 1,080m2* Corner landholding of 921m2* Frontage to Toorak Road and Rear ROW of 25.60m* & Queens Parade of 35.97m* Rear loading bay and roller door access VIEW LISTING *Approx Zoning: Commercial 1 (C1Z)
Property Listings
VIC
The Property Development Review
Property Listings
VIC
Connecting people & property, perfectly.
1084 Centre Road, Oakleigh South VIC. For Sale
by Forthcoming Expressions of Interest.
775 Toorak Road, Hawthorn East, VIC FIRST TIME OFFERED FOR OVER 60+ YEARS This premier site of 608m 2 approx with rear laneway access, is in a prized location conveniently within walking distance to retail shops, easy access to Freeway, Private & Public Schools, Parklands and more, with an excellent opportunity for developers (S.T.C.A) given the present developments surrounding this magnificent site.
For Sale by E.O.I closing 7th September 2020 (If Not Sold Prior)
Tony Viggiano Raine&Horne Glenroy 0425 721 181 tony.viggiano@glenroy.rh.com.au
Site area 3,997 sqm
Main road industrial development site
Short term holding income
Adrian Garvey 0419 549 951 Stuart Gill 0417 322 080
*Approx.
Zoning: M ixed use and Terms Negotiable
View Listing
Here’s what MORE THAN DOUBLE THE ENQUIRY THAN ITS COMPETITORS Boundary Indicative
Aged Care Development Expressions of Interest 12 -22 Mount Dandenong Road, Croydon VIC – Site area 9,111sqm* – Main road exposure – Close proximity to hospital, shops and transport
*(approx)
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Expressions of Interest closing 26 August at 4.00pm
Simon Wellock 0404 131 080 Simon Quinn 0409 261 276 property.jll.com.au/17628
Just wanted to send you a short note in relation to the outstanding levels of enquiry we have been receiving from DevelopmentReady.com.au on our latest campaigns. Development Ready has generated more than double the enquiry than all its other competitors combined and we are seeing a huge engagement from buyers visiting your portal. ON behalf of our vendors, thank you for the great service you provide and look forward to collaborating together for years to come. JAMES THORPE Director, JLL Victoria
The Property Development Review
leading VIC agents are saying: DEVELOPMENT READY IS A NON-NEGOTIABLE The developmentready.com.au portal is a non-negotiable for our team when we are transacting a property on-market. We consistently get engagement from a broad range of new purchaser segments, purchasers that we otherwise would not have reached without use of the portal. The support that the Development Ready team provide has been fantastic. KANE MALCOLMSON Acquisitions Manager, Core Projects
Visit DevelopmentReady.com.au
DELIVERS EXCEPTIONAL ENQUIRY NUMBERS Development Ready is a sensational platform that delivers exceptional enquiry numbers and most importantly all their enquiries are always highly qualified. The DR team understand the market and industry better than any other internet service provider and their level of service to us and in turn our clients, is second to none. BEN BAINES Director, Colliers International
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Queensland Listings
BNE. 27.4698° S 153.0251° E
QLD 28
Property Listings
QLD
The Property Development Review
Accelerating success Reach more people – better results faster.
THE SOUTH YARDS PRECINCT TOWNSVILLE’S NEW CBD
EXPRESSIONS OF INTEREST Contact Agent
View Now
Rarely is it possible to acquire an income-producing parcel in excess of 17ha* ripe for urban regeneration on the edge of a CBD, even more so when a Government body has recently constructed significant public infrastructure to seed this renewal process. Key Characteristics: – Tourism. – Northern Australia’s largest general cargo and container port. – The Townsville Port is also Australia’s leading exporter of zinc, lead, sugar, fertiliser and molasses. – Industry - Nickle Refinery, Copper Refinery, Zinc Refinery. – Health – Townsville University Hospital is a tertiary care hospital.
Agents in Conjunction: Neville Smith 0438 765 087 neville.smith@colliers.com
In addition, there is currently $6.91 billion of infrastructure development currently underway or scheduled for the Townsville region which will drive further growth and demand for the amenities to be constructed on this site.
*Approx
Samuel Biggins 0410 979 075 samuel.biggins@colliers.com
Edward Bull 0438 619 692 edward.bull@cbre.com.au
Peter Turnbull 0417 603 195 peter.turnbull@cbre.com.
colliers.com.au 29
Property Listings
QLD
Accelerating success Reach more people – better results faster.
BEACHSIDE MIXED-USE DEVELOPMENT SITE – BOKARINA BEACH, SUNSHINE COAST
EXPRESSIONS OF INTEREST Closing Thursday 24 September 2020 at 4pm Lot 904 Bokarina Beach, Bokarina, QLD 4575
View Now
- Land area 5,412sqm* - Multiple Dwelling Zoning - Allocated yield of 135 units (potential higher/lower subject to scheme) - Ground floor Retail/Dining - 8 storey height limit - Fully serviced level site - Reduced Infrastructure Charges - Surrounded by walkable amenity including lake, park & beach - Bokarina Beach part of precinct awarded 2020 UDIA National Award for Masterplanned Development. *Approx
Nick Dowling 0419 726 705 nick.dowling@colliers.com
Baydn Dodds 0418 173 187 baydn.dodds@colliers.com
Andrew Antonas 0412 253 131 andrew.antonas@matrixproperty.com.au
colliers.com.au 30
Property Listings
QLD
The Property Development Review
Exceptional Broadwater High Density Development Opportunity Uninterrupted Broadwater and Ocean Views For Sale: 91- 95 Frank Street & 256 Marine Parade, Labrador, QLD, 4215 Offers to Purchase, Closing 4pm on Friday the 25th of September 2020
View Listing
• • • • •
Land Area 2829m2 approx Dual street frontages High Density Zoning / current use Commercial and Residential Motivated Seller Seeking All Offers Located within 5 minutes to Cavill Ave, Star Casino, Broadbeach Mall & Pacific Fair
Brad Merkur & Simon Robertson on behalf of the owner’s are pleased to offer for sale by “Offers to Purchase”, 91- 95 Frank & 256 Marine Parade Labrador. This sought after location offers uninterrupted Broadwater and ocean views accompanied with an opportunity to absorb the 360c scenery with a superior hinterland perspective. This is a key development opportunity that would attract on completion both the owner occupier and investor market.
Sales Agents: Brad Merkur 0414 389 300 Simon Robertson 0449 951 772 For further information on this opportunity please contact First National Commercial 07 5570 3300 31
Property Listings
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QLD
Property Listings
QLD
The Property Development Review
FOR SALE
2 VILL AGE BOULEVARD SOUTHPORT QLD 4215 COMMERCIAL DEVELOPMENT OPPORTUNITY FOR SALE VIA TENDER CLOSING THURSDAY 27TH AUGUST AT 4.00PM
+ 7,092sqm* commercial development ready land within Parklands Priority Development Area + High Exposure position off Smith Street Motorway with over 50,000 vehicles passing daily, three street frontage and signalised crossing in-situ + Co-located with Gold Coast University Hospital, Gold Coast Private Hospital and Griffith University + Indicative GFA: 7,450sqm (flexible subject to Development Approval) + Direct connectivity to Brisbane and Gold Coast CBD’s via major arterial road, rail and bus networks. Located between Brisbane and Gold Coast Airports + Join 30,000 people already working, living and studying within the precinct.
AGENTS IN CONJUNCTION: SANDRO PELUSO 0418 389 757
JOSH TWELFTRE 0452 524 985
MARK WITHERIFF 0439 038 100
STEVE CLARK 0400 338 434
VIEW LISTING
property.cbre.com.au 33
Property Listings
QLD
For Sale: Enterprise Circuit, Maryborough West QLD 4650 Cushman & Wakefield is pleased to present to the market for sale this lucrative development opportunity. Wide Bay Industrial Estate is positioned in an ideal business destination only 10 minutes from Maryborough CBD. With prime Bruce Highway frontage having excellent connectivity to all major centres between Sydney and Cairns. The estate comprises 55 completed industrial lots and is approximately 30% sold out with 4 sales already this year. The owner has committed elsewhere and now selling off the balance estate in one-line.
• Completed Industrial Estate • Registered Land Titles Asset Details: • Fully completed and serviced with estate-quality allotments • Approved Shell service centre within the estate. Caltex and fast food adjoins
• Medium Impact Industry permitting a wide range of uses
• Total land area ‘as is’ of 79,672sqm* • Low risk asset providing huge upside for investors • Design and construct opportunities to further enhance the cash flow • In-One-Line Purchase to divest individual lots of 1,000sqm* to 20,730sqm
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• Heavily Discounted - Selling In One-Line
• Level land and ready to build on with individual titles registered.
Investment Characteristics:
View Listing
Selling out entire balance Estate - Owner committed elsewhere
*Approx
For further information on this highly lucrative opportunity please contact the exclusive agents Richard McCouaig and Kyle Youngson.
Richard McCouaig 0411 375 993 richard.mccouaig@cushwake.com
Kyle Youngson 0403 749 476 kyle.youngson@cushwake.com
Property Listings
QLD
The Property Development Review
EXCEPTIONAL NOOSAVILLE DEVELOPMENT OPPORTUNITY
Noosaville, QLD, 101 & 105 Eumundi Noosa Road
FOR SALE
EOI: Closing Thursday 13 August 2020 4pm
Agents:
• • • •
David Brinkley 0448 594 361 david.brinkley@raywhite.com
• • • • •
101 Eumundi: 3,740sq m (approx) vacant lot 105 Eumundi: 1,748sq m (approx) lot with residential home Available for purchase individually or in one line Suitable for Residential / Townhouses/Duplex / Commercial / Aged Care / Visitor Accommodation (STCA) Current approval in place for Hardware store / Garden and Lifestyle centre Prime real estate with an approx combined 90m wide frontage onto highly sought after Eumundi Noosa Road 3 minutes from Noosa Civic shopping centre 2 minutes from Noosa riverfront (travel times approx) *Approx.
View Listing
Paul Forrest 0408 985 254 paul.forrest@raywhite.com
Register your interest today for detailed information package
raywhitecommercialnoosasunshinecoastnorth.com 35
Property Listings
QLD
LOGAN CENTRAL
27 Jacaranda Avenue
Prime Deveopment Opportunity 1.43 Hectares – Prime Development Opportunity (STCA) land surrounded by State and Local Government Precinct. Location The Logan Central Business Area consists primarily of retail businesses however the area has developed into a key community hub with a variety of Government and Human Services providers located within the precinct. The precinct surrounds the Woodridge Train Station making the area easily accessible via public transport.
For Sale:
Expressions Of Interest: Closing Friday 4 September 2020 Land Area: 14,320* sqm Main Shopping Precinct short distance Railway Station close by High and Primary schools walking distance Logan City Council Administration Centre adjacent Police Department adjoining Department of Mains Road adjoining * approx
Lance Hartley 07 3115 7128 Commercial Brisbane
ljhcommercial.com.au 36
0418 155 607
Property Listings
QLD
The Property Development Review
LIQUIDATOR’S SALE - BALANCE LAND ESTATE WITH 4 VACANT LOTS Address available on request, Gladstone Central, QLD, 4680
FOR SALE Expressions of Interest closing Thursday 10 September 2020 - 5pm The opportunity exists to acquire the balance englobo parcels and remaining vacant lots of a residential estate in the regional city of Gladstone, QLD. - Two (2) balance parcels of 33.71ha* and 5.7ha* - Separate DA’s for reconfiguring into 20 lots and, along with an unrelate third party property, reconfiguring into 265 lots^. - Four (4) vacant residential lots ranging in size from 343m2* - 1,068m2* - Available individually, in-one-line or any combination Under instructions from Justin Walsh as Liquidator. Parcel descriptions - Lot 25 Col Brown Ave, Clinton | Lot 25 on SP 206873 | 33.71ha* - Lot 27 Leslie St, Clinton | Lot 27 on SP 264615 | 5.7ha* - 26 Dorinda Cl, Clinton | Lot 115 on SP 264615 | 343m2* - 9 Wuruma Ct, Clinton | Lot 126 on SP 264615 | 605m2* - 18 Leslie St, Clinton | Lot 127 on SP 264615 | 600m2* - 16 Cressbrook St, Clinton | Lot 365 on SP 241220 | 1,068m2*
*Approx
View Listing Andrew Allen 0408 799 585 andrew.allen@raywhite.com
^DA 552/2012 has been granted to both Lot 25 on SP 206873 and Lot 235 on SP 116447, the latter of which does not form part of the Properties for sale.Prospective purchasers conduct due diligence investigations of the property strictly at their own expense and risk, and the vendor will have no liability in relation to such expenses. Consent by the vendor to the conduct by any potential purchaser of due diligence activities or investigation will not in any circumstance be construed as a representation that the vendor will be exercising, or refraining from exercising its rights to deal with the property, or any representation that the vendor intends to contract with that potential buyer, or at all
Accelerating success Reach more people – better results faster.
12 DWELLING PROJECT FOR IMMEDIATE SALE FOR SALE – EXPRESSIONS OF INTEREST CLOSING WEDNESDAY, 23RD SEPT, AT 4PM 20 Margaret Court, Kenmore QLD 4069 – – – –
3.252Ha* approximate land holding 10km (radially) west of the Brisbane CBD 4km to the Indooroopilly Shopping Centre. Kenmore It has a current Development Approval as well as Operational Works approvals for 96 x four bedroom premium townhomes over three stages.
View Now
Brendan Hogan 0422 561 295
Adam Rubie 0413 432 911
37
Property Listings
QLD
Rare CBD Development Opportunity. 120-124 Grafton Street and 123-129 Lake Street Cairns City QLD.
• The property is in an outstanding location, midway between the Esplanade Waterfront Precinct and Cairns Central Shopping Centre.
Site area 5065 sqm*
Five Titles
Suit Multiple Uses
Currently leased with benefits
• Three titles with Lake Street frontage of approximately 60 metres
• Two titles facing Grafton Street with a frontage of approximately 40 metres • Suit multiple uses including residential or office
For Sale via Expressions of Interest closing Wednesday, 28 October 2020 at 5pm.
John Lynch 0418 771 340 Matt Carles 0407 964 013
View at knightfrank.com.au
* Approx
For Sale: 432 Enoggera Road, Alderley QLD 4051 ELEVATED 1,559 SQM* DEVELOPMENT OPPORTUNITY
Savills are delighted to present the opportunity to purchase 432 Enoggera Road, Alderley to the market.
Closing Date for offers: Thursday 20 August 2020 - 4pm
The unique development opportunity has the following key characteristics: – Land Area - 1,559sqm* – Medium Density Zoning – Elevated Position – 5 Dwellings - Income of $69,680pa* – 4 Adjoining lots with 4 Street frontage – Development Approval in place for 10 townhouse with additional Preliminary Scheme drawn for 105 place childcare centre – 4 Adjoining lots with 4 Street frontage Prominently positioned & ripe for redevelopment
*Approx.
More Exposure More Competition Record Prices 38
Will Carman 0477 666 355
Robert Dunne 0418 888 840
Outline Indicative Only
VIEW LISTING
The Property Development Review
Here’s what leading QLD agents are saying: THE LEVEL ENQUIRY FAR OUTWEIGHS OTHERS The Jared Johnson & Lachlan Marshall Team would like to personally endorse the Development Ready platform. The level of genuine enquiry we receive on development sites we're marketing far outweighs any other commercial property platform. The team are an extremely professional outfit, they are diligent, analytical and above all helpful. We could not recommend Rob and the team highly enough. JARED JOHNSON Property Specialist, Ray White Special Projects
STRONG LEVELS OF ENQUIRY The Colliers Site Sales team utilises Development Ready for all on-market listings due to the strong levels of enquiry we receive from their platform. Given their national platform and wide reaching database, we see qualified parties being filtered through on our sale offerings. Rob, TC & the wider team have been great to deal with and always ensure we are up to date with new service offerings and opportunities. ADAM RUBIE Residential Development Sites Manager, Colliers International
PROFESSIONAL AND A PLEASURE TO WORK WITH Ray White Commercial Industrial Gold Coast has been engaging with Development Ready for a number of years now. Myself and our sales team are always happy with the quantity and quality of enquiry that is received off their various platforms and furthermore, the Development Ready team are extremely professional and are a pleasure to work with. GREGORY BELL Director, Ray White Commercial Gold Coast
INVALUABLE SOURCE OF HIGH QUALITY ENQUIRY DR has been an invaluable source of high quality enquiry for my development site sales, especially when targeting interstate and international purchasers. I find a listing on DR is an essential part of all my development sale campaigns and continually recommend their listing packages to vendors. CARL CHARALAMBOUS Managing Director, C Property
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Report WA Quarterly Western Australia Listings
PER. 31.9505° S 115.8605° E
WA
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Property Listings
WA
The Property Development Review
Connecting people & property, perfectly.
19 Hugo Street , Stirling WA. For Sale by Offers to Purchase closing Thursday 3 September at 2pm (AWST). Prime Development Opportunity Knight Frank is delighted to offer 19 Hugo Street, Stirling WA. Land area 1,113 sqm
Development Sperical Control Area
The property is strategically located within walking distance to the Cedric Street main retail and commercial precinct, with an abundance of cafes, restaurants, offices and supporting amenities. Located near the City of Stirling administration offices and Osborne Park Hospital. The area is beginning significant development given its proximity to the freeway on ramps and Perth CBD.
Close to Cedric Street retail/office precinct
Near Osborne Park Hospital
Near City of Stirling administration
11km north of Perth CBD
For more information please contact the exclusive selling agents.
James Baker 0418 912 007 Tony Delich 0418 926 410
View Listing
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Property Listings
WA
FOR
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LEASABLE ASSET WITH STRONG DEVELOPMENT OPPORTUNITIES
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Glen O Dane 44
Property Listings
WA
The Property Development Review
8 Sleat Road, Mount Pleasant, Western Australia, 6153
R SALE
TOREY MIXED-USE DEVELOPMENT
Road in Mount Pleasant stands as a remarkable development opportunity in Perth's inner suburbs. The team from Salt Property Group are proud to this 1,993sqm corner site to the market, located just a stone's throw from the river edge.
presenting a 'village' of 10 freestanding, three-bedroom townhouses (all e-able), 8 Sleat Road offers the option to landbank or pursue a strategic use project, 15 storeys or more, under the Canning Bridge Structure Plan. plans have been prepared by a local architect for a premium mixed-use building offering beautiful vistas from upper levels.
ghbouring property, 1 Helm Street, is also available for purchase through Property Group. With a 1,571sqm site area, the amalgamation of the two ould create a landholding worthy of an iconic building to rival any tower in Canning Bridge.
redible opportunity is offered to the public via Offers by otiation, more information is available upon request.
ures
ea of 1,993sqm ble land banking opportunity e currently comprising of 10 freestanding, 3-Brm Townhouses for a mixed use building, 15 storeys or more, under ning Bridge Structure Plan t plans for a premium mixed use building with views per levels nt to 1 Helm Street, a 1,571sqm site with 4 villas ong amenities, including; community facilities, , shopping/retail and all modes of transport g water, rail and road.
CT THE EXCLUSIVE SALES AGENTS
saltproperty.com.au
O'Brien - 0418 923 123 McKnight - 0435 377 647
PH: 08 9316 3911 757 Canning Highway, Applecross WA 6153 WWW.SALTPROPERTY.COM.AU 45
Property Listings
WA
Connecting people & property, perfectly.
23 Wotan Street , Innaloo WA. For Sale by Offers to Purchase closing Wednesday 26 August at 3pm (AWST). Strategic and Rare Mixed Use Site
Occupies a prime location
Potential to develop a mixed use project
Knight Frank are pleased to offer for sale 23 Wotan Street, Innaloo. This exceptional development site is located in one of Perth’s most vibrant commercial/ retail precincts. The site is one of the last mixed use development opportunities in the Innaloo precinct with direct frontange to Scarborough Beach Road. In addition the existing improvements could be utilised as consulting rooms in the short to medium term. For more information please contact the exclusive selling agent.
Rare opportunity to acquire 1,108 sqm site
Close to major facilities
Ideal opportunity for developers
Approval granted for consulting rooms
View Listing
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Tony Delich 0418 926 410
The Property Development Review
47
SA South Australia Listings
Property Listings
ADL. 34.9285° S 138.6007° E
SA
Property Listings
SA
The Property Development Review
Development Potential For Sale / For Lease 99-103 Morphett Road, Camden Park SA – 2.1 ha former transport depot – Warehouses 1,053sqm*, main off ice 248sqm*, workshop 855sqm*, overhead crane, washbay 366sqm*
Contact agent
Kym Hutchins 0438 836 817 David Ludlow 0439 260 645 property.jll.com.au/18127
– Zoned Industry City of West Torrens – Fully sealed and secure *(approx.)
RLA1842
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Property Listings
50
SA
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