Marketing Submission - Tugun Cornerstone Store

Commercial GC South

Property Analysis for
Cornerstone Stores - Tugun
Prepared by Ray White Commercial GC South
May 2017

Tanaka Jabangwe

T 07 5535 0500
M 0449 048 779
E [email protected]

Introducing
Tanaka Jabangwe

Delivering a better commercial make or break the deal. This has seen him involved
real estate experience for you in some quality transactions in a short period of
time with now long term clients.
TTanaka’s success in Commercial Real estate is a His business mantra is, “Providing genuine
testament to his lifelong principles of integrity, assistance during processes that require mutual
respect, humility and accountability. These understanding and trust.”
principles shape the way he operates in both his
professional and personal life. Tanaka works in a collaborative team with one
of our Senior Sales Executives – Greg Watson.
He graduated from Griffith University, Gold Coast Together Greg and Tanaka utilise their wealth
with a Bachelor of Business majoring in Real of knowledge, contacts and a comprehensively
Estate and Property Development with minors integrated approach to deliver a highly streamlined
in Marketing & Finance. As the dynamics of real service on EVERY transaction.

estate surpass the need to be highly effective You will find Tanaka’s high standard of
during the immediate transaction Tanaka professionalism, overall character and eagerness to
prides himself in not only being a property assist refreshing and reassuring
consultant but adopts an advisory role
to his clients. Tanaka focuses on the Our Team.
finer detail. This is because he Our Network.
believes everyone overlooks
and underestimates
the intricacies of the
transaction that usually

Tanaka works in a collaborative team with one of our Senior Sales Executives – Greg Watson. Together Greg
and Tanaka utilise their wealth of knowledge, contacts and a comprehensively integrated approach to deliver
a highly streamlined service on EVERY transaction.

Introducing
Greg Watson

Greg is a well respected member of the Ray
White Commercial team and a long standing
representative in the local business community.
With Greg comes a wealth of both industrial
and residential building experience. Having
been involved in many real estate transactions
it is guaranteed that Greg will treat all Ray White
customers with the urgency, professionalism and
honesty they deserve.
Greg is a family man who enjoys surfing and
boating and is very involved in the local junior
sporting clubs. He is energetic and enthusiastic
and has a passion for Real Estate, which enables
Greg to build strong relationships and establish
clients for life.

Greg Watson

T 07 5535 0500
M 0417 757 442
E [email protected]

property
summary

Address: 568 - 570 Gold Coast Highway, TUGUN QLD 4224
also known as 3-5farrell Drive, TUGUN QLD 4224

Real Property
Details: Lot 48 on RP168721
Lot 49 on WD4647

Lot 50 on RP91999

Zone: Major tourism1 Oak Avenue - 506sqm

Zone Precinct: Wildlife Park Precinct

Total Site Area: 2,767sqm*

Total Floor Area: Retail - 267sqm* Ground floor
Office - 133sqm* First floor

Estimated Retail - $500 - $700/sqm + Outgoings + GST
Lease Rates: Office - $350 - $450/sqm + Outgoings + GST


Target Market: Based on the unique nature of the opportunities we believe a
variety of boutique professional and retail establishments will find this location
attractive. Based on landlord’s commendable desire to attract complimenting
organisations we aim to attract the following:

Florists / Barbers, Hair Salons / Clothing retailers (bohemian etc) / Small-medium
Marketing and; IT Institutions / some finance and legal service providers among
other local enterprises.

The overall vision is to attract small boutique local businesses to
create a retail and professional precinct like no other.

tenancy
schedule

GROUND FLOOR - RETAIL SPACE

Tenancy Area Gross Rent p/w Min Lease Term Options
Tenancy 1 91m2 LEASED 3 Year 2 x 3 Years

Tenancy 2 22m2 $360 + GST pw 2 Years 2 x 2 Years

Tenancy 3 22m2 $360 + GST pw 2 Years 2 x 2 Years



Tenancy 4 22m2 $360 + GST pw 2 Years 2 x 2 Years

Tenancy 5 32m2 $525 + GST pw 2 Years 2 x 2 Years

Tenancy 6 47m2 $725 + GST pw 2 Years 2 x 2 Years

Tenancy 7 31m2 $500 + GST pw 2 Years 2 x 2 Years

FIRST FLOOR - COMMERCIAL SPACE

Tenancy Area Gross Rent p/w Min lease Term Options
Tenancy 1 21m2 $275 + GST 1 Year 2 x 1 Year
Tenancy 2 60m2 $575 + GST 1 Year 2 x 1 Year
Tenancy 3 17m2 $250 + GST 1 Year 2 x 1 Year
Tenancy 4 18m2 $260 + GST 1 Year 2 x 1 Year
Tenancy 5 17m2 $250 + GST 1 Year 2 x 1 Year

***NB:
• Rental rates include lessee contributions to outgoings
• Tenancies can be amalgamated
• Lessee to pay electricity, phone, internet and water

property
images

success stories: leased

LEASED! LEASED! LEASED!

60 Santa Cruz Blvd, 1166 Gold Coast Hwy, Palm 28 Musgrave Street,
Clear Island Waters - Beach - 3 Retail Coolangatta - 6 Retail

Cafe Leased! tenancies Dresser Leased! tenancies Leased!

LEASED! LEASED! LEASED!

28 Palm Beach Avenue, 31 Rudman Parade, 5 Kortum Drive, Burleigh
Palm Beach - Burleigh Heads - Heads - Large industrial

Medical suite Leased! Industrial sheds Leased! premises Leased!

LEASED! LEASED! LEASED!

18 Hawker Street, 3 Orchid Avenue, 42 Bundall Road,
Currumbin - Surfers Paradise - Bundall - Office Leased!

Industrial office Leased! Office Leased! LEASED!

LEASED! LEASED! 7 Fortitude Crescent,
Burleigh Heads -
2092 Gold Coast Highway, 3 Hampton Road,
Miami - Office Leased! Burleigh Heads - Warehouse - Leased!
Warehouse - Leased!

casestudyone
2/1166 Gold Coast Highway, Palm Beach
Commercial GC

ghway, Palm Beach Commercial GC SoUulttrha Suite Hair Bar is the latest business to boost

the growing popularity of the Palm Beach café
and retail upheaval on the southern Gold Coast.
Ultra Suite Hair Bar has leased a 63sqm tenancy at
1166 Gold Coast Highway, Palm Beach, in a deal
negotiated by Tanaka Jabangwe of Ray White
Commercial GC South on behalf of a private
owner. Mr Jabangwe said there was a new wave of
enthusiasm for Palm Beach particularly with food
and
beverage establishments and boutique retail.
“The inception of Wildernis into 1166 Gold Coast
Highway can be used as a reference point for how
quickly the area’s popularity has increased within
a two-year period. Since then we now have The
Collective, Balboa Italian and 8th Avenue Terrace
just to name a few.”
“Wildernis will now be joined by another quirky
local offering - Ultra Suite Hair Bar. The increasing
interest by local retailers is helping change the
demographic attracted to the area which in turn is
helping boost the local economy as more estab-
lishments relocate or have a high desire to be in
Palm Beach now.”
Mr Jabangwe said the 1166 Gold Coast Highway
location offers unparalleled exposure and due to
its side street facade has limited interference in
relation to passing traffic.
The push to compete with Burleigh Heads as a
local food and drink mecca is well underway. We
are experiencing exciting times in Palm Beach
both for our landlords and the local community as
a whole.

business to boost the growing LEASE PRICE $35,400
afé and retail upheaval on the

Listed Date............14.12.2016

Total Enquiries.....4

a 63sqm tenancy at 1166 Gold Lease Date.............09.02.2017

beaudseedaal snaegreofetrieantecedpboyintTfaornhaokwaquickly the area’s popularity has Sqm Rate...............$561.90

ee rCcoiallel cGtivCe, SBoalubotha Iotanliabneahndal8ftoh fAvenue Terrace just to name a few.”
rsolttairocaisdutSltutahhirteeelylorHecwaaiwrilteBhacasofro.naToohmdneyeainwancsrdewmaoasrivneegeisonttfaebrelissht mbyenlotcsarlerloetcaailteersorishhaevelpainghigchhadnegseRireay
White Commercial GC South
Asset Management
outique retail.

s unparalleled exposure and due to its side street facade has limited

casestudytwo

28 Musgrave Street, ‘Pure Kirra’ Coolangatta
C South

SOLD $4.435M

• 9 retail/office tenancies, 8 tenanted
• Sizes range from 50sq.m to 94sq.m

• Returning approx $249,550 nett

Initially a leasing campaign of five beachfront cafes, restaurants and shops.
tenancies facing Musgrave Street, and 4 accessed from Tanaka Jabangwe 0449 048 779
Haig Street. Total lettable area 338sq.m with 109sq.m [email protected]
alfresco. Includes parking. Jared Hodge 0404 809 580
Musgrave Street in Kirra is quickly becoming one of [email protected]
the coolest little strips on the coast. Dotted with trendy www.raywhitegcsouth.com

Ray White Commercial GC South
Asset Management

casestudythree

140 Robina Town Centre Drive, Robina

O​ pen listing listed 12 days prior to finding a tenant. The initial asking rent of $375/sqm Property Analysis
+ + represented somewhat of a premium but the area has seen office rents increase
over the last 6 months in particular. Had 3 enquiries including the successful applicant. Owner Sagamore Enterprise P/L
Conducted one inspection and negotiations commenced immediately to derive a Listed date 13 March 2017
satisfactory deal for both parties. Leased date 29 March 2017
Rent pa $48,000
Post inspection tenant submitted a conditional gross offer. Was not too far off the Size 108sqm
mark and agent reasoned with landlord based on comparable offerings in the $/sqm $444.44
properties immediate vicinity. The landlord being a reasonable party provided a fair Total Enquiry 4
counter offer which was immediately accepted and a lease drawn up.

It was a matter of providing evidence on what other properties that leased quickly
achieved and the justification of sqm rates. Landlord is an astute owner and was
willing to work with both agent and prospective tenant in the hopes of achieving a
result.

Don’t be greedy and patience can be crucial in the hopes of deriving a satisfactory
result where both parties are “winners”

*Approximate

Tanaka Jabangwe

Commercial Sales & Leasing

T 07 5535 0500
M 0449 048 779
E [email protected]
19 Taree Street, (PO Box 2667)
Burleigh Heads QLD 4220
www.raywhitecommercialgcsouth.com

casestudyfour

2092 Gold Coast Highway, Miami

Boutique Office in Central Location Property Analysis

This property is located on the Gold Coast Highway offering maximum exposure and Landlord Lopez Holdings Pty Ltd
ideal signage opportunities. The property itself is a first floor office space with an open Tenant Southern Beaches
reception area + offices + boardroom, kitchenette and air conditioning. Accounting
Size 60sqm
There is ample onsite parking. Total Enquiries 6
Lease Price
After being listed online with ray White Commercial GC South for just 4 weeks, Lease Date $18,981.84
resulting in 6 enquiries the agent, Tanaka Jabangwe organised one inspection which Sqm Rate March 2017
he negotiated into an offer to lease for the owners. The landlords are now happy with $316.36
their new tenant who has signed up on a 12 month lease with a 2 year option.

Tanaka Jabangwe

Commercial Sales & Leasing

T 07 5535 0500
M 0449 048 779
E [email protected]
19 Taree Street, (PO Box 2667)
Burleigh Heads QLD 4220
www.raywhitecommercialgcsouth.com

how we will reach
the market

We will engage the full resources of our Commercial GC South team including the
greater Ray White Group agents, partners and real estate relationships to ensure
optimum potential of our network is utilised.
We will utilise our specific database to make direct contact with potential
purchasers or individuals seeking further opportunities on a local, national and
international platform.
To create competition for your property and to generate maximum interest and
exposure, our marketing strategy is to market via a mixture of print, internet,
database and social media platforms as outlined in the budget on the following
page.

marketing
budget

NEWSPAPER 4x Eighth Page $ 2,068.00
4x Half Page $ 1,300.00
Gold Coast Bulletin
Tweed & Southern Sun

INTERNET Elite Property Listing Our Compliments
3x 30 day Enhanced Listing $ 330.00
Raywhitecommercialgcsouth.com 13 week Priority Placement $ 205.00
Realcommercial.com.au
Commercialrealetate.com.au

MISCELLANEOUS

The Prospect - Commercial Magazine Full Page $ 995.00

Brochures (Incl design & distribution) 550x DL / A4 Brochures $ 650.00

RWCGCS Database (Incl design) 2x eBrochures + 2x eFortnightly $ 295.00

GetSocial+ Facebook Boost Campaign $ 695.00

Total Investment $ 6,538.00

Commercial
GC South

Commercial Sales
Commercial Leases
Commercial Management

P +7 5535 0500
19 Taree Street
Burleigh Heads QLD, 4220

P +7 5599 5000
Shop 14-15 ‘The Strand’
Griffith Street, Coolangatta QLD 4225

Ray White
Business
Brokers

Gold Coast

P +7 5535 0500
19 Taree Street
Burleigh Heads QLD, 4220

P +7 5599 5000
Shop 14-15 ‘The Strand’
Griffith Street, Coolangatta QLD 4225

Ray White

Commercial GC South is part
of the greater Ray White GC
South Network

Ray White Burleigh Heads
Ray White Palm Beach
Ray White Coolangatta/Tweed Heads
Ray White Banora
Ray White Kingscliff/Casuarina
Ray White Cabarita Beach/Pottsville
Ray White Rural Murwillumbah

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Tanaka Jabangwe | P 07 5535 0500 | M 0449 048 779 | E [email protected]