The Prospect

PTHEROSPECT
COMMERCIAL SALES | LEASING | BUSINESS SALES
HOT
LISTINGS
check inside for all
the best commercial
opportunities on the Coast

FREE! the must-have magazine
for business owners and
Proudly brought to you
by the team at Ray White commercial investors
Commercial GC South

CONTENTS

Feature Story 4
6
Three fantastic opportunities
in the heart of Palm Beach

Commercial
Opportunities

A selection of our newest properties,
all ideally situated for capital gains

Case Studies 8

Great results are no accident, meet the team
who underpin the year-on-year success of
Ray White Commercial GC South

Market Statistics 10
Get all the latest details on trends and upswings

PRINCIPAL UPDATEQueensland has emerged as the most attractive
property market in the country, according to
News Corp, and with fantastic locations such
as our Gold and Tweed Coasts, it’s not hard to
see why.

The June quarter report from CoreLogic coincides
with News Corp’s report, showing the Gold Coast
in the top two performing regions across the state
for the quarter.

A Gold Coast property valuer has said the high
end market has resurfaced after a 12 month break
and the high sales prices being achieved may
indicate a shift in buyers perception of property
on the Gold Coast.

The auction market across the country has seen
clearance rates rise recently, possibly driven by
the continued low interest rates, a lower than
usual number of properties for sale and property
investors returning to the market.

Our commercial agents have been inundated in
the last few months with astute investors on the
hunt for quality stock across the Gold Coast.

The GCS Network have been lucky to secure an
outstanding investment ourselves with our recent
move to a contemporary new warehouse office in
Burleigh.

The property is one of the first of its kind in Gold
Coast real estate and has undergone extensive
renovations. The trendy commercial space
features state of the art printing facilities, modern
creative hub and real estate training room.
The GCS Network are breaking the mould of real
estate across the Gold & Tweed Coasts, and
‘creating the WOW’ every day.

WELCOME TO PALM BEACH
Palm Beach has come alive
again, now considered one of
the coolest little strips on the
Coast. Dotted with new trendy
cafes, restaurants and shops
that are bustling with locals,
tourist’s and people from all
over the Coast who come
down for the day, to soak up
the laid back atmosphere.

Ray White Commercial GC South

Opportunity In The 5
Heart Of Palm Beach

Palm Beach 30, 33, 34/1176 Gold Coast Hwy

An opportunity exists to be part of this exciting
new development in the heart of the Palm Beach
restaurant/cafe precinct. This fully refurbished
building is already home to the new 8th Ave Terrace
and Bestow restaurant/bar.

Currently available are tenancies as follows:

• 48m2 ground floor to suit medical/retail/services
• 95m2 first floor to suit restaurant/bar or

commercial office
• 170m2 first floor with mezzanine area which

would suit restaurant or commercial office.
• The above spaces could also be combined
• Access to brand new amenities included
• 300 lot GCCC carpark adjacent
• Excellent incentives available

Opportunities Still Available To Lease

Restaurant from $3,525 pcm (plus outgoings + GST)
Office/Retail from $1,800 pcm (plus outgoings + GST)

Greg Watson 0417 757 442
[email protected]

Tanaka Jabangwe 0449 048 779
[email protected]

Ray White Commercial GC South

Commercial Investment
Opportunity

Burleigh Heads 21 Gardenia Grove

This commercial property has been home to
a prominent corporate tenant for nearly 20
years.

• 1,061sqm Net Lettable Area - Fully Leased
• 1,736sqm corner block
• 22 on-site car parks
• Immense upside potential
• Providing a substantial income
• Healthy tenant mix all on new leases

This property is conveniently located just
off the Gold Coast Highway in the Burleigh
Heads/Miami area in close proximity to
Burleigh Social, Black Hops Brewery and
The Paddock Bakery. The property is within
walking distance to world renowned Burleigh
beach, cafes & restaurants, Burleigh Heads
retail hub and public transport.

Auction
25 October 2016 at 5.30pm EST
Currumbin RSL, Currumbin

Greg Watson 0417 757 442
greg.watson @raywhite.com

Tanaka Jabangwe 0449 048 779
[email protected]

Ray White Commercial GC South

HOT LISTINGS 7

PALM BEACH, 1383 - 1385 Gold Coast Hwy PALM BEACH, 1026 Gold Coast Hwy

Sale Sale

Redevelopment site with holding income Motel and 4 strata titled, 2 bedroom units
Land area: 815m2 Being sold on a walk in walk out basis
Restaurant and older style beach cottage Land Area: 1720m2 approx

PALM BEACH, 14-16 Sixth Avenue MERMAID BEACH, 2287 Gold Coast Hwy

Sale Sale

High profile CBD 810m2 development site 8 room motel + laundry + storage, 812m2 land area
Density: RD7 – 1bedroom per 25m2 of Net Site Area Net income approx $200,000 gross
Current net income $47,526.00* 3 bedroom, double storey manager’s/owners residence

CURRUMBIN, 6-10 Traders Way PALM BEACH, 46B/2 Eighth Avenue

Lease Lease

Warehouse for sub-lease 67m2 professional office, new paint and carpet
$7,500 pcm + GST + outgoings $1,950 pcm + GST

PALM BEACH, 3/1095 Gold Coast Highway PALM BEACH, 4/1095 Gold Coast Highway

Lease Lease

Office space $2,732 pcm + GST Office space $3,474 pcm + GST
Corner site, great exposure Corner site, great exposure

Greg Watson 0417 757 442 Ray White Commercial GC South

CASE STUDIES

BUNDALL
G4/109 Upton Street

The council have changed the regulations for public
bootcamps and fitness groups, we are fielding
an increased level of enquiry for them to find new
locations as they can no longer operate effectively in
public open space (parks, beaches)

Lease: Bang’n Bodz
Annual Rental: $45,000
Term: 5 years
Options: 5 years
Annual Reviews: 4%
Outgoings: Included in rental
Incentives: 2 Months Rent Free

Agent: Adam Grbcic

TWEED HEADS
10,11,12,18-20 Stuart Street

This transaction originally commenced with a national
print media and internet campaign based on offers to
purchase with a closing date. After 60 days without
enough feedback to make any quality decisions,
the strategy was changed and the property listed
with a price, enquiry quickly rose. Clients felt more
comfortable in arranging inspections and making
offers. The property was sold at a 10% yield, the result
of having only one tenant in a property in a B grade
location. The lease was also short in term, being just
2 fixed years with additional options. The vendor was
very happy with the final result.

Listed date: 29 October 2015
Total spend: $16,251
Inspections: 12
Offers: 6
Total enquiries: 42
Sale price: $2,000,000
Sales date: 08 July 2016

Agent: Dru Morgan

Ray White Commercial GC South

9

Treetops Square
Office/Medical/Retail

Burleigh Heads 2 Classic Way

This office building is situated directly
opposite the Treetops Shopping Centre,
which is tenanted with a mix of professional
suites, banks and medical tenancies.
Option 1:
• 114m2 ground floor commercial space
• Fully fitted out with excellent shopfront
• Available to Lease immediately
• Previously tenanted by BOQ
• Also has full medical approval
Option 2:
• 218m2 first floor office space
• Professional reception, large boardroom,
kitchenette and fully ducted air conditioning
• 2 open plan wings, 3 executive offices
• Available now
For Lease
From $4,874 pcm + GST
Greg Watson 0417 757 442
[email protected]
Adam Grbcic 0404 087 772
[email protected]
Tanaka Jabangwe 0449 048 779
[email protected]

Ray White Commercial GC South

Industrial (Sales)

Address Suburb Sale Price Land Building Sales Yield
$200,000.00 97 Sep-16 -
8/19 Dominions Road Ashmore $460,000.00 1980 134 Sep-16 -
Sep-16 -
Lot 3, 22 Surf Parade Broadbeach $285,000.00 3592 1110 Sep-16 -
$247,000.00 192 155 Sep-16 -
80 Bundall Road Bundall $320,000.00 2280 199 Sep-16 -
4203 204 Sep-16 -
2/26 Taree Street Burleigh Heads $363,000.00 154 Sep-16 -
1895 370 Sep-16 -
2/8B Alex Fisher Drive Burleigh Heads $1,200,000.00 1453 708 Sep-16 -
$292,000.00 407 192 Sep-16 -
3/18 Hutchinson Street Burleigh Heads $180,000.00 5100 988 Sep-16 -
$1,800,000.00 223 144 Sep-16 -
31 Taree Street Burleigh Heads 373 4203 Sep-16 -
$1,750,000.00 597 172 Sep-16 -
35 Leda Drive Burleigh Heads $460,000.00 1591 118 Sep-16 -
1558 1152 Sep-16 -
8 & 9/76 Hutchinson Street Burleigh Heads $5,800,000.00 330 Sep-16
Land 338.9 Sep-16 9.43%
1/18 Hutchinson Street Burleigh Heads $71,000.00 1591 5100 Sep-16 -
$350,000.00 179 Sep-16 -
18 Junction Road Burleigh Heads 407 373 Sep-16 -
Sale Price 1453 597 Sep-16 -
4/3 Ramly Drive Burleigh Heads $350,000.00 1980 2775 Sep-16 -
$5,800,000.00 1558 Sep-16 -
17 William Banks Drive Burleigh Heads $71,000.00 207 Sep-16 -
40 Sep-16 -
1/22 Traders Way Currumbin $285,000.00 120
$1,750,000.00 Sales 9.00%
3/2 Villiers Drive Currumbin Building Sep-16
$460,000.00 120 Sep-16 Yield
18 Hawker Street Currumbin Waters $490,000.00 2775 Sep-16 9.00%
40 Sep-16
2 Saffron Street Elanora 207 Sep-16 -
110 Sep-16 -
43 Alfred Street Mermaid Beach 338.9 Sep-16 -
330 Sep-16 7.54%
21 Buchanan Street Murwillumbah 134 Sep-16 9.43%
1110 -
Unit 14, 3-15 Jackman Street Southport -
-
Unit 1, 9 Bailey Crescent Southport

8 Stevens Street Southport

33 Scarborough Street Southport

30 Aubrey Street Surfers Paradise

46 Cavill Avenue Surfers Paradise

8/133 Wharf Street Tweed Heads

9/20 Stuart Street Tweed Heads

Office/Retail (Sales)

Address Suburb
9/20 Stuart Street Tweed Heads
33 Scarborough Street Southport
8/133 Wharf Street Tweed Heads
46 Cavill Avenue Surfers Paradise
5/43 Greenway Drive Tweed Heads South
43 Alfred Street Mermaid Beach
2 Saffron Street Elanora
Lot 3, 22 Surf Parade Broadbeach
80 Bundall Road Bundall

Ray White Commercial GC South

MARKET STATS 11

Industrial (Leasing)

Address Suburb Net Gross Price per Building Lease
$16,800.00 $52.73 110 Sep-16
4b/16-18 Ern Harley Drive Burleigh Heads 164 Sep-16
260 Sep-16
7/17A Ern Harley Drive Burleigh Heads 167 Sep-16
168 Sep-16
16 Alex Fisher Drive Burleigh Heads 191 Sep-16
675 Sep-16
Unit 8/490 Scottsdale Drive Varsity Lakes $22,800.00 $136.53 200 Sep-16
$25,200.00 $150.00 300 Sep-16
5/48 Ourimbah Road Tweed Heads

13 Bailey Crescent Southport

37 Egerton Street Southport

2/39-41 Dover Drive Burleigh Heads $54,000.00 $270.00
$30,000.00 $100.00
3/25 Hutchinson Street Burleigh Heads
Office/Retail (Leasing)

Address Suburb Net Gross Price per Building Lease
13/8 Corporation Circuit Tweed Heads South $14,556.00 $184.25 79 Sep-16
Shop 6/2893 Gold Coast Highway Surfers Paradise $70,550.00 $236.74 298 Sep-16
13/220 Varsity Parade Varsity Lakes $23,047.00 $419.04 55 Sep-16
1/175 Varsity Parade Varsity Lakes $29,004.00 $290.04 100 Sep-16
1 Corporate Court Bundall $9,840.00 $894.55 11 Sep-16
L2/64 Ferny Avenue Surfers Paradise 365 Sep-16
Suite 2A/23 Nind Street Southport $29,900.00 $113.26 77 Sep-16
36/50 Cavill Avenue Surfers Paradise $16,800.00 $112.00 12 Sep-16
109 Upton Street Bundall $38,885.00 $385.00 264 Sep-16
2/22 Traders Way Currumbin Waters $19,250.00 $256.67 150 Sep-16
301/29 Elkhorn Avenue Surfers Paradise $47,000.00 $500.00 101 Sep-16
9d/23 Main Street Varsity Lakes $68,500.00 $242.91 75 Sep-16
2 Como Crescent Southport $55,000.00 $550.00 94 Sep-16
21B Gardenia Grove Burleigh Heads 282 Sep-16
Shop 8/2893 Gold Coast Highway Surfers Paradise $66,000.00 $488.89 100 Sep-16
705 Gold Coast Hwy Broadbeach $22,200.00 $284.62 97 Sep-16
3/26 Musgrave Avenue Southport $642,000.00 $1,850.14 70 Sep-16
Shop 1/1154 Gold Coast Highway Palm Beach $19,200.00 $320.00 100 Sep-16
7/99 Minjungbal Drive Tweed Heads South 234 Sep-16
64 Griffith Street Coolangatta $46,320.00 $526.36 135 Sep-16
4/34 Currumbin Creek Road Currumbin Waters 78 Sep-16
Unit 5/116-118 Bundall Road Bundall 347 Sep-16
1/27 MInjungbal Drive Tweed Heads South 60 Sep-16
1/89 West Burleigh Road Burleigh Heads 100 Sep-16
30a Griffith Street Coolangatta 88 Sep-16

Ray White Commercial GC South

The sky is the limit. Reach your
highest potential in a rewarding
career with Ray White
Commercial GC South.

Ray White Commercial GC South is part of a
proactive, constantly evolving and driven real
estate team.

Whether you are just beginning to think about becoming a
commercial real estate agent, or you are already established
in the industry; you will never regret taking the step to join our
team.
REACH YOUR HIGHEST EARNING POTENTIAL
A successful real estate company needs streamlined and time
efficient systems, so the agents can be out doing what they
do best, listing, selling and leasing. This ultimately results in
your highest possible earning potential and job satisfaction.
This is exactly what we offer to every member of the Ray White
Commercial GC South team.
PICK UP THE PHONE NOW
You will never regret beginning your career with the Ray White
GC South Network. Contact our Recruitment Officer today on
(07) 5535 0500.

Ray White Commercial GC South

Commercial GC South Team

Jared Hodge Nikki Murray Tara Imlach Michelle Jones

Principal E.A to Jared Hodge Commercial Administrator Commercial Administrator

+61 7 5535 0500 +61 7 5535 0500 +61 7 5535 0500 +61 7 5599 5000
+61 404 809 580 +61 487 406 549 [email protected] [email protected]
[email protected] [email protected]

Adam Grbcic Adam Roberts Assi Dadon Brendan Morgan

Commercial Sales/Leasing Commercial Sales/Leasing Commercial Sales/Leasing Business Broker

+61 7 5535 0500 +61 7 5535 0500 +61 7 5599 5000 +61 7 5535 0500
+61 404 087 772 +61 422 443 565 +61 415 598 588 +61 411 410 099
[email protected] [email protected] [email protected] [email protected]

Darren Jones Dru Morgan Greg Watson Michael Petrie

Commercial Sales/Leasing Business Broker & Commercial Commercial Sales/ Leasing Commercial Sales/Leasing
Sales/Leasing
+61 7 5599 5000 +61 7 5535 0500 +61 7 5535 0500
+61 402 188 648 +61 7 5535 0500 +61 417 757 442 +61 403 058 894
[email protected] +61 418 185 484 [email protected] [email protected]
[email protected]

Neil Johnston Rod Jessen Tanaka Jabangwe Tony Grbcic

Commercial Sales/Leasing Business Broker & Commercial Commercial Sales/Leasing Commercial Sales/Leasing
Sales/Leasing
+61 7 5599 5000 +61 7 5535 0500 +61 7 5535 0500
+61 411 988 998 +61 7 5535 0500 +61 449 048 779 +61 407 968 667
[email protected] +61 424 196 010 [email protected] [email protected]
[email protected]

All Available Now! VACANCY LIST

TWEED HEADS, 6-8 Amber Road

Darren Jones 0402 188 648 Great corner exposure 3C Trade and Commerce
$40,000 PA + GST + outgings
214m2 ground 30m2 mezzanine
BURLEIGH HEADS, 4/3 Hampton Drive

Adam Roberts 0422 443 565 Industrial warehouse/showroom in Burleigh CBD
$19,000 PA + GST, 156m2 total, 50m2 office space
SOUTHPORT, 3018/27 Garden Street

Adam Grbcic 0404 087 772 Office in Southport CBD
$36,000 PA + GST + outgoings
112m2
TWEED HEADS, 10 Industry Drive

Assi Dadon 0415 598 588 Inustrial/warehouse, suitable for car yard
962m2, $25,000 PA + GST
MURWILLUMBAH, 4/2 King Street

Darren Jones 0402 188 648 3 rooms plus kitchen
$1,200 pcm + GST + outgoings
TWEED HEADS, 3B Machinery Drive 60m2 on the first floor

Great exposure, off street parking Elke Robertson 0400 983 883
$30,000 PA inc GST + outgoings, 220m2 end unit

MURWILLUMBAH, 105 Wollumbin Street

Approx 1,300m2 in the centre of town, suitable as Assi Dadon 0415 598 588
retail, art space, bulky goods
$4,500 pcm + GST

SOUTHPORT, 130 Scarborough Street

Excellent exposure, access to amentities and kitchen, Adam Grbcic 0404 087 772
open plan office

Price on application, 101m2

BURLEIGH HEADS, 24 Junction Road

13 private upstairs offices, fantastic exposure Adam Grbcic 0404 087 772
390m2, price on application

TWEED HEADS, 1/29 Industry Drive

Retail, industrial warehouse, high profile, corner
position
$2,500 pcm + gst, 182m2
Neil Johnston 0411 988 998
ASSET MANAGEMENT

At Ray White Commercial GC South we pride Elke Robertson Leteicha Ridge
ourselves on providing a higher level of service,
or as we like to say, “Delivering Excellence”. Asset Manager Asset Manager
Our Commercial Asset Management Team
are experienced in all facets of Commercial +61 7 5535 0500 +61 7 5535 0500
Property Management, managing an array of +61 400 983 883 [email protected]
properties from industrial units to large retail [email protected]
centres.
Ray White Commercial GC South

Southport Commercial
PSaurarfdeirsse GC South
MBeermacahid
Commercial Sales
Commercial Leases
Commercial Management

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

Coolangatta/Tweed Heads
P +7 5599 5000
Shop 14, The Strand, Griffith Street
Coolangatta QLD, 4225

Burleigh Waters Business
Palm Beach Brokers

Coolangatta Gold Coast
Tweed Heads
Ray White Business Brokers
Banora P +7 5535 0500
19 Taree Street,
Burleigh Heads QLD, 4220

Murwillumbah Kingscliff Part of the greater
Casuarina Ray White GC South Network

Cabarita Ray White Burleigh Waters
Beach 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

Pottsville

Byron Bay “Creating the WOW”

M AASSET NAG E M E N T
Retail & Shopping Centres | Large Industrial | Business Sales

Commercial GC South
Asset Management

Elke Robertson Leteicha Ridge Caroline Thompson P +7 5535 0500
19 Taree Street,
Asset Manager Asset Manager Trust Account Manager Burleigh Waters QLD, 4220

+61 7 5535 0500 +61 7 5535 0500 +61 7 5559 9700
+61 400 983 883 [email protected] [email protected]
[email protected]