The Prospect

JUN/JUL 2017 EOFY ISSUE

PRTOheSPECT

A tempting selection of commercial, industrial and
business offerings on the Gold & Tweed Coasts, proudly

brought to you by Ray White Commercial GC South

RAY WHITE COMMERCIAL
GC SOUTH

EIGHT OFFICES SERVICING
THE EAST COAST OF
AUSTRALIA

CONTENTS

PRINCIPAL’S REPORT

three

LEASING REMINDER

six

MARKET STATS

twelve

YOUR INSIGHT PAGE 4

Current opportunity on offer for a rural residential

development in Dight Road, Warwick.

ZONING PAGE 7

Zoning is a key ingredient to your commercial

property and business success.

CASE STUDIES PAGE 18

Go behind the scenes to see what’s happening in

the market. Our case studies show the successful

process behind recent notable commercial sales.

WE’RE HIRING PAGE 21

Consider joining the successful commercial and

business team at Ray White GC Commercial South

and reach your full potential with our proven,

simple systems for success.

The Prospect is a bi-monthly business magazine aimed at OUR TEAM PAGE 22
keeping investors and owners informed about local eco-
nomic drivers and performance in retail, commercial and Full list of contacts for Business Sales, Commercial
industrial property. The publication offers its database
Sales and Leasing.

of readers up-to-the-minute access to select opportu- OFFICE DETAILS PAGE 23
nities through the Gold and Tweed coast’s and beyond.

The publication is free and is produced by the Ray White Locations and contact information for our eight

GC South Network. For additional copies or distribution offices positioned conveniently across the Gold

enquiries please contact Tara Imlach on 5535 0500. and Tweed Coasts
© Copyright 2017 Ray White GC South Network
2

A TALE OF
TWO ECONOMIES

A casual viewing of the nightly news implies that there Australia’s quiet achievers do much of the heavy lifting in
is perpetual chaos around the world. One issue after economic terms. They are mostly a silent majority, content
another dominates the headlines, although for most to keep their head down and to let their hard work and
people their day-to-day is more sedate. It is the same with the numbers do the talking.
the economy in some ways. While there are predictions
of disaster from the extreme fringes, most people on the In other countries, standout successes are lauded and
coast are experiencing better than average economic those responsible bask in the limelight. Australians do
conditions. things differently.

Take commercial transactions as an example. Last year It is with this fundamental belief in the abilities and hard
it took six months to achieve 106 sales across the coast. work of local Coastal business that The Prospect was born
In just the first three months of this year we have, by all those years ago. We have continued to shine a light on
comparison, recorded a worthy 105 transactions from the achievements of local businesses, while offering great
various sources, albeit for a slightly less $200m in total opportunities for sale and lease as we uncover them.
volume.
There are many social challenges here and abroad.
Local economic conditions have been buoyant, which Notwithstanding this upheaval, economic conditions on
seems at odds with the national headlines. Demand the Coast are in positive territory. The US stock market
for investment stock has been high as both local and continues to hit record highs as the prospect of loosening
interstate buyers attempt to capitalise on stable returns monetary policy and tax cuts see businesses invest heavily
during the current low interest rate environment. in opportunity.

Demand for housing has increased and this spurs on Risk versus reward. Pessimism versus opportunity. There
satellite commercial developments as well. While it is true will always be two sides to the story, two tales to tell.
that the more traditional commercial stock of retail and For now we are thankful that 2017 has begun as many
industrial has seen a slight dip in demand, limited stock predicted, with renewed optimism and some exciting
continues to be a feature of the market. gains on offer in the commercial space.

Some analysts believe the Commonwealth Games are All the best for the month of June.
responsible for all the positive sentiment. Others feel
that a Government willing to run up deficits in order Jared Hodge
to counteract falling commodity revenues has been Principal
the driver. Perhaps what both these views miss is that Commercial GC South
commercial outcomes on the Gold and Tweed Coast are
driven by entrepreneurs and small business operators.
When they are optimistic, the local market does well.

3

YOUR
INSIGHT

Keeping you informed

Rural Residential
Development Opportunity

Number 1 Lots 2 and 4 Dight Road, Warwick

A Development Approved (DA) rural “Queensland’s Southern Downs Region 21 Gardenia Grove, Burleigh Heads,
residential lifestyle housing estate in the has excellent opportunities for growth and recently sold to a private investor by
Darling Downs regional centre of Warwick investment in horticulture, agriculture, agent Greg Watson from
is being offered for sale by Ray White commerce, manufacturing and tourism. Ray White Commercial GC South
Commercial GC South. These industries are already flourishing, and
the Southern Down’s quality infrastructure
The 50.6ha subdivision at Lots 2 and 4 means there is ample room for new
Dight Road, Rosenthal Heights, is being developments.”
marketed by Ray White Commercial GC
South’s Brad Duncalfe. The historic town of Warwick has a
population of more than 15,000 and is
Mr Duncalfe said the property has approvals a service and administrative centre for
in place for a 49 lot rural residential land the Southern Downs region, located
subdivision with lot sizes of 4,000sqm up to approximately 90 minutes drive south-
4ha. west of Brisbane and 45 minutes south of
Toowoomba.
“The property also has alternate
development approvals for 25 larger lots or The Rosenthal Heights Estate is offered for
100 x 1 acre rural subdivision lots,” he said. sale for $2.5 million.

“The proposed Rosenthal Heights Estate For more information, please contact
is well located with an exceptional rural Brad Duncalfe, Commercial Sales Agent,
outlook and elevated lots to catch the Ray White Commercial GC South,
breeze. on 0419 641 058.

“These are great building sites with building ABOUT RAY WHITE
covenants. Town water and underground
power is connected. Ray White is the largest real estate and
property group in Australasia. The company,
“Residents will enjoy the idyllic acreage established in 1902 at Crows Nest in
lifestyle in this prestigious estate, which is Queensland, has more than 1,000 individual
approximately five minutes’ drive from the offices spread across Australia, New Zealand,
Warwick CBD. Indonesia and India as well as newer offices
in key locations in the Asian region and
“A fully costed feasibility study has been the United Arab Emirates. The brand is
prepared and is available to qualified represented by more than 13,000 staff, has
interested parties.” an annual sales turnover in excess of
$40 billion and manages more than
Mr Duncalfe said the Southern Downs 300,000 rental properties.
region offers good employment
opportunities in a variety of industries Source: Toowoomba Chronicle
including major resources projects.
4

Significant residential development YOUR
opportunity is being presented to the market INSIGHT

by Brad Duncalfe of Ray White Keeping you informed
Commercial GC South

Industrial Units Sold For $1 Million

Unit 1 and 2, 5 Hayley Place MURWILLUMBAH

Industrial units in a complex at entry doors as well as a substantial
Murwillumbah in far north coast NSW hardstand area at the rear,” he said.
have been sold by Ray White Commercial
GC South for $1 million. “Unit 1 was a 450 sqm warehouse while
unit 2 also offered a floor area of 450
Units 1 and 2 at 5 Hayley Place, Burringbar sqm with an extra 150 sqm of offices or
– just south of Murwillumbah in Northern liveable space at the front.
NSW – were sold off-market to a private
buyer by Darren Jones of Ray White “The warehouses also offered 3 phase
Commercial GC South on behalf of a power and plenty of onsite parking.”
private owner.
Mr Jones said the vacant properties were Murwillumbah is located on the Tweed
in an excellent location with easy access to River and is in one of the fastest growing
the Tweed Valley Way. regional areas of NSW. It is well-supported
with established commercial and service
“These high clearance warehouse buildings infrastructure.
are in a quiet location and offered three

Murwillumbah Complex nets a cool million
in a recent sale by Darren Jones of
Ray White Commercial GC South

Burleigh Investment Sells For $2.9 Million

Buyer Barrels Into A Hip Hub

A tenanted corporate office White Commercial GC South on behalf of Mr Watson said the building is situated on
building investment with a private self- managed superannuation a 1,736 sqm corner block and offers a net
redevelopment upside fund for a yield of approximately 8.2 per lettable area of 1,061 sqm.
(STCA) at Burleigh cent. “The property is conveniently located just
Heads on the off the Gold Coast Highway and is close
Gold Coast Mr Watson said there was keen interest to funky cafes such as Burleigh Social and
has in the investment opportunity which has The Paddock Bakery,” he said.
been proven to be a popular hub for startup
sold by businesses at Burleigh and is returning “The property is within walking distance to
Ray White a net rental income of approximately world renowned Burleigh Beach, cafes and
Commercial $240,000 per annum. restaurants, the Burleigh Heads retail hub
GC South for and public transport. There are also
$2.9 million. “This was a tremendous opportunity for 22 onsite carparks.”
an astute investor with good tenants
The fully leased property at including award winning surfboard supply
21 Gardenia Grove, Burleigh company Boardcave and Grace Loves
Heads, was sold to a private Lace in place and the property also has
investor by Greg Watson of Ray immense upside potential,” he said.

5

LEASING
REMINDER

Is GST payable on rates for
commercial properties?

It is important for landlords and tenants The supply that council makes to the
under a commercial property lease to landlord will generally be exempt from GST.
understand the collection of GST and Although, where the commercial property
whether GST is payable on rates and water lease allows the landlord to recover
charges for commercial properties. Usually, outgoings on rates, the payment made by
the landlord does not pay GST on rates the tenant is for the landlord’s supply of
issued by council. However, if rates are the premises. If this is a taxable supply (ie.
passed on by the landlord to the tenant for the landlord is registered or required to
payment, then GST is payable by the tenant. be registered for GST) the payment by the
This is because the Australian Tax Office tenant relating to the outgoings is part of
(ATO) considers that the supply a landlord the consideration for the landlord’s supply
makes to the tenant under a commercial and is subject to GST.
property lease is a single supply. What is
supplied by the landlord are the premises The landlord should calculate its GST
with facilities so that the tenant can use liability for the supply of the premises on
the premises; and that the council does the total consideration received from the
not make a supply direct to the tenant. The tenant.
items supplied by council for which rates
are paid are supplied to the landlord as Source:
owner of the commercial property and not McLaughlins Lawyers
the tenant.

““items supplied by council

for which rates are paid are
supplied to the landlord as
owner of the commercial
property and not the tenant.

6

ZONING

“The laws “ ZONING IS A KEY INGREDIENT TO YOUR or whether there are any heritage listings
around COMMERCIAL PROPERTY AND BUSINESS that might restrict what you can do.
zoning are SUCCESS. IN THIS ARTICLE WE LOOK AT
established by SOME IMPORTANT CONSIDERATIONS. It says that might be necessary for
state and commercial property if you want to:
territory There is no point finding the perfect
governments location if you cannot legally run your • S et up a store, a food business or other
and this means business there or if there are restrictions on type of business.
they differ how you can operate.
around the • C hange the look of the existing shop
WHAT IS A ZONE? front.
nation.
Across Australia, all land has a designated • Put advertising signs on the building.
zone and this tells you how the land within
that certain area can be used. • C hange the internal fit-out of the building.

There are generally four zones: residential, • Put outdoor seating or heaters on a
commercial, industrial and agricultural. footpath.
Within these there are often sub-categories,
such as those defining what type of WBP Property Commercial Valuation
commercial and industrial business can be Manager Justin Thomas says zoning
carried out. and planning issues dictate use and
development, and hence value.
The laws around zoning are established by
state and territory governments and this “The existing use may not be allowable
means they differ around the nation. under the zoning and could possibly be
prohibited,” Thomas says.
WHAT ROLE DOES COUNCIL
PLAY IN ZONING? “Purchasers must also have regard to
planning overlays and investigate future
It’s up to local councils to decide what planning proposals in their purchasing
zoning is appropriate in their area and to decision.”
ensure all businesses and properties comply
with their regulations. Thomas says it’s also important to consider
the zoning around the immediate area of a
Anyone buying commercial property, property you are thinking about buying.
or planning to change or modify their
commercial property, should contact their “Large areas of former industrial land in
local council to see what they are able to do inner city areas have been rezoned to allow
and what plans and permits they will need. for a more flexible use,” he says.

Business Victoria also suggests checking Source: Property Observer
whether any overlays apply to your property

When done well, community zoning helps 7
communities thrive with business and
residential areas mingling seamlessly.

FOR SALE | RESIDENTIAL LAND DEVELOPMENT | TUGUN

For Sale

Lot 906 Admiral Crescent, TUGUN Queensland Sale
$4.75M +GST
Tugun Infill Development Site
Agent
Adjacent to the John Flynn Private Hospital and surrounded by existing residential homes, Lot 906 is a medi- Brad Duncalfe
um density residential site ready to be developed into a thriving beachside community. 0419 641 058
[email protected]
Located approximately 1km from the beach in an elevated position with easy access to the M1 Motorway
and Gold Coast Airport. Conjunctive Agent
Corpaquire
• Medium density site Chris Steffe
• 1.484 hectares 0414 333 880
• Infill residential development site [email protected]
• Corner location with elevated ocean views
• Within walking distance to the beach, elevated views of the ocean to Greenmount Headland, Coolangatta.
• Sites of this size are rarely offered for sale in infill residential beachside suburbs.

FOR SALE | RESIDENTIAL LAND DEVELOPMENT | TUGUN

Under Contract

Lot 5 Boyd Street, TUGUN Queensland Sale
Offers to Purchase
Camp Beside a Billabong
Agent
An exclusive elevated residential property with private access via a dedicated road and bridge over the M1. Brad Duncalfe
0419 641 058
Approximately 1km from the beach and has easy access to the M1 Motorway and Gold Coast Airport. Lo- [email protected]
cated in an exclusive elevated positions in beach-side Tugun close to the John Flynn Private Hospital. Within
walking distance to the beach, with elevated views of the ocean to Greenmount Headland, Coolangatta. Conjunctive Agent
Private and secluded sites like this are rarely offered for sale on the Gold Coast in a residential beachside Corpaquire
suburb. Chris Steffe
0414 333 880
• Exclusive rural residential site [email protected]
• 2.616 hectares
• Current large residence approval
• Private road / bridge access

BUSINESS FOR SALE | THE DAILY GRIND COFFEE BAR, KINGSCLIFF

For Sale

The Daily Grind Coffee Bar - Kingscliff Sale:
Expressions of Interest
SHOP 20A/22 PEARL STREET ‘THE DAILY GRIND’ KINGSCLIFF closing 30th June 2017
Dru Morgan
One of northern NSW best cafes, The Daily Grind Coffee Bar at Kingscliff is now on the market. Every day a 0418 185 484
long queue of regular clients frequent this well established coffee hotspot. The owners of this amazing business [email protected]
have done all the hard work but are now extremely motivated to sell due to other commitments. Opening hours
are weekdays 6:30am to 5:00pm and weekends 7:00am to 2:30pm. This great business is one of the most raywhite.com/1670082
popular in town and is a frequent morning coffee destination for locals. The business itself is run under semi
management with the current owner contributing less than 20 hours per week. All the staff are long term, well
trained, experienced and in place.

• Popular with the locals
• Fantastic online reviews
• Low rent

ForSSaallee

Ground Floor 90m2 Retail or Office Space in Kingscliff CBD

SUITE 31 ‘KINGSCLIFF CENTRAL’, 11-13 PEARL STREET, KINGSCLIFF Sale:
$295,000
New to the market, this great 90msq. space is well • Ground floor
positioned amongst blue chip tenancies in central • 90m2 Dru Morgan
Kingscliff. • Investment Opportunity 0418 185 484
[email protected]
Currently vacant, the lot could be either owner
occupied or leased up for a long term investment. raywhite.com/1674552

BusSinaelses For Sale

Little Lido Cafe - Coolangatta

72 GRIFFITH STREET ‘LITTLE LIDO CAFE’, COOLANGATTA Sale:
Expressions of Interest
New to the market! One of the best Cafes in The cafe is positioned in the middle of Coolangatta’s closing 30th June 2017

Coolangatta! Don’t miss this great opportunity to main street and features excellent indoor and outdoor Dru Morgan
0418 185 484
secure this beautifully presented cafe in the centre seating. A large kitchen, sufficient for even the fussiest [email protected]

of Coolangatta’s CBD. Little Lido Cafe has been of chefs consistently dishes out some of the best raywhite.com/1670359

established for over 10 years and has consistently been food in town. With an array of excellent high-quality

one of the best cafes in town. With the current owner equipment, experienced staff, and a long term lease

looking to retire this is your opportunity to step into an in place this is your opportunity to secure a great

amazing little business. business.

MARKET Ray White Commercial GC South, leading the Industry
STATS
Combined Sales & Leases

17 JUST UNDER

SALES DEALS $16M
IN DEALS
23
25%
LEASE DEALS
RETAIL
45% 27.5% 2.5%

INDUSTRIAL OFFICE OTHER

from the Ray White
Commercial GC South Research Team

Welcome to this month’s report on the commercial sales and leasing activity on the Gold and Tweed Coasts.
The sales and leasing data below is from the research on our agents, public websites, valuers and others.

INDUSTRIAL

SALES

Date Address City NLA m2 Sale Price $/sqm Yield

25-May-17 15 Strathaird Road BUNDALL 1792 $ 2,470,000.00 $ 1,378.35 5.75%

19-May-17 8/19 Hutchinson Street BURLEIGH HEADS 98 $ 180,000.00 $ 1,836.73 9.8%*

17-May-17 3/5-7 Prosper Crescent BURLEIGH HEADS 180 $ 255,000.00 $ 1,416.67 9.80%

4-May-17 2/13 Commercial Drive ASHMORE 150 $ 280,000.00 $ 1,866.67 4.45%*

24-Apr-17 60 Johnston Street SOUTHPORT 360 $ 640,000.00 $ 1,777.78 7.03%
141
12-Apr-17 7/2 Hawker Street CURRUMBIN 1,543 $ 275,000.00 $ 1,950.35 7.2%*
WATERS $ 899,000.00 $ 582.63 7.00%
7-Apr-17 11 Hayter Street CURRUMBIN 143 $ 430,000.00 $ 955.56 10.06%
6-Apr-17 1/5 Hayley Place MURWILLUMBAH $ 412,500.00 $ 2622.38 6.00%
3-Apr-17 3/9 Ramly Drive
BURLEIGH HEADS

OFFICE/RETAIL

SALES

Date Address City NLA m2 Sale Price $/sqm Yield

19-May-17 8/249 Scottsdale Drive ROBINA 258 $ 910,000.00 $ 3,527.13 ---*
31 $ 320,000.00 $ 10,322.58 ---
19-May-17 Shop 10a/10 Railway Street SOUTHPORT 101 $ 625,000.00 $ 6,188.12 7.00%
88 $ 325,000.00 $ 3,693.18 8.30%
16-May-17 59 Recreation Street TWEED HEADS 74 $ 420,000.00 $ 5,675.68 7.14%

28-Apr-17 25/75 Wharf Street TWEED HEADS 134
1,014
27-Apr-17 7/2 Eighth Avenue PALM BEACH 175

21-Apr-17 20 & 21/9 Beach Road SURFERS $ 618,000.00 $ 4,611.94 4.31%
13-Apr-17 PARADISE

2245-2247 Gold Coast Highway MERMAID BEACH $ 5,100,000.00 $ 5,029.59 ---
$ 891,000.00 $ 5,091.43 7.56%
7-Apr-17 309/87 Griffith Street COOLANGATTA

12

INDUSTRIAL

LEASING

Date Address City NLA m2 Gross $ pa $/sqm
$150.00
19-May-17 19 Ozone Parade MIAMI 268 $ 40,200.00 $140.00
$100.57
16-May-17 9/90-92 Quarry Road MURWILLUMBAH 132 $ 18,480.00 $114.00
$132.00
12-May-17 3/5 Karen Avenue MERMAID BEACH 105 $ 10,560.00 $159.02
$84.62
2-May-17 6/23 Machinery Drive TWEED HEADS SOUTH 100 $ 11,400.00 $136.55
$135.85
28-Apr-17 40b Ourimbah Road TWEED HEADS 300 $ 39,600.00

18-Apr-17 7/17 Rothcote Court BURLEIGH HEADS 149 $ 23,694.00

18-Apr-17 4/3 Hampton Road BURLEIGH HEADS 156 $ 13,200.00

7-Apr-17 5/7 Olympic Circuit SOUTHPORT 145 $ 19,800.00

5-Apr-17 5D/50 Currumbin Creek Road CURRUMBIN WATERS 106 $ 14,400.00

OFFICE/RETAIL

LEASING

Date Address City NLA m2 Gross $ pa $/sqm
115 $ 36,000.00 $ 313.04
26-May-17 17/328 Scottsdale Drive ROBINA 70 $ 45,455.00 $ 649.36
107 $ 60,000.00 $ 560.75
17-May-17 Shop 3/90 Markeri Street MERMAID WATERS 18 $ 18,720.00 $ 1,040.00
75 $ 39,950.00 $ 532.67
16-May-17 2/1 Douglas Street KIRRA 141 $ 34,200.00 $ 242.55
96 $ 33,000.00 $ 343.75
8-May-17 8/35-39 Scarborough Street SOUTHPORT 106 $ 68,890.00 $ 649.91
66 $ 27,720.00 $ 420.00
2-May-17 ARC2/2713 Gold Coast Highway BROADBEACH 98 $ 30,000.00 $ 306.12
23 $ 25,728.00 $ 1,118.61
1-May-17 Shop 3/55 Currumbin Creek Road CURRUMBIN WATERS 60 $ 30,000.00 $ 500.00
19 $ 17,760.00 $ 934.74
28-Apr-17 14/79 West Burleigh Road BURLEIGH HEADS 67 $ 22,100.00 $ 329.85

28-Apr-17 3 & 4/1095 Gold Coast Highway PALM BEACH

26-Apr-17 2A/417 Golden Four Drive TUGUN

24-Apr-17 Suite 7/75-77 Wharf Street TWEED HEADS

13-Apr-17 1319/50 Cavill Avenue SURFERS PARADISE

6-Apr-17 Shop 1/2539 Gold Coast Highway MERMAID BEACH

6-Apr-17 922/1 Corporate Court BUNDALL

4-Apr-17 Shop 8/3290 Surfers Paradise SURFERS PARADISE
Boulevard

Colour code:
Means Agents Advice
Means Ray White GC South Sale/Lease

13

COMMERCIAL SPECIALIST | NSW AND QUEENSLAND

DARREN JONES Darren’s Awards with Ray White include:
• Membership of Alan White Performer Club 2016
• Alan White Elite Performer Status - 2015
• Membership of Alan White Premier Club 2014
• Membership of Alan White Premier Club 2013
• Membership of Alan White Premier Club 2012
• Membership of Alan White Premier Club 2011
• RWC No. 4 Internationally for Settled

Transactions 2014/2015
• RWC No. 5 Internationally for Settled

Transactions 2013
• RWC No. 4 Internationally for Settled

Transactions 2012
• RWC No. 5 Internationally for Settled

Transactions 2011
• RWC No. 6 Internationally for Settled

Transactions 2010

SALE SALE SALE

5/31 Machinery Dr, TWEED HEADS SOUTH 6/29 Machinery Drive, TWEED HEADS SOUTH 17/27-29 Morton Street, CHINDERAH

STREET FRONT UNIT WITH CORNER EXPOSURE NEAT BUDGET UNIT IN GREAT POSITION ONE OF A KIND – OFFICE / WAREHOUSE OR
MAN SHED
• 190m2 plus small mezzanine • 100m2 on the floor in Machinery Drive
• Small office and showroom at front • Very neat unit with street exposure For sale is this secure, clean and tidy, flood free
• Rear roller door with good access • Open plan with internal amenities industrial unit. The property consists of 213m² total
• M & F bathrooms and kitchenette • Grassed area at rear for parking or storage area including 71m2 warehouse and 142m2 of well-
• High profile position with lots of parking appointed a/c and data cabled offices over 2 levels.

Sale: $370,000 Visit URL: Sale: $225,000 Visit URL: Sale: $395,000 Visit URL:
Darren Jones: 0402 188 648 raywhite com/ Darren Jones: 0402 188 648 raywhite com/ Darren Jones: 0402 188 648 raywhite com/
[email protected] [email protected] [email protected]
1656365 1666231 1612796

LEASE LEASE LEASE

8/6 Enterprise Avenue, TWEED HEADS SOUTH 51 Tweed Coast Road, BOGANGAR Shop 2, 60 Marine Parade KINGSCLIFF

STREET FRONT SHOWROOM & WAREHOUSE HIGH EXPOSURE STREET FRONT RETAIL WHEN POSITION MATTERS

For lease is this well presented showroom/ • 155m2 of Cabarita’s best exposed retail • 136m2 high profile site with excellent exposure
warehouse located just off Greenway Drive and • Exposure from North & South on Tweed Coast Rd • Open plan space with potential for offices
close to Bunnings. The property area is 181m2 on • Surrounded by Café, Bakery and Medical • Glass shop front with great signage options
the floor, comprising 120m2 showroom and 61m2 • Air conditioned and multiple entry points • L ocated within Azura and opp Surf Club, parking
warehouse. • Customer parking at door and under building • G reat opportunity to move your business to a
• Potential to split into two tenancies
prime location

Lease: $2,600 Pcm + Gst + Outgoings Visit URL: Lease: Offer to Lease Visit URL: Lease: Offer to Lease Visit URL:
Darren Jones: 0402 188 648 raywhite com/ Darren Jones: 0402 188 648 raywhite com/
Darren Jones: 0402 188 648 raywhite com/ [email protected] [email protected]
1676535 1503549
[email protected] 1651373

DARREN JONES | COMMERCIAL REAL ESTATE SPECIALIST | MOBILE 0402 188 648

AUCTION | COMMERCIAL PREMISES

Auction

MUST BE SOLD Auction:
30th July 2017 10am
8 King Street, MURWILLUMBAH NSW Twin Towns, Tweed Heads

Ray White Commercial GC South are pleased to offer for sale by public Auction, 8 King Street Murwillumbah Assi Dadon
on behalf of The Minister for Education on the 30th July 2017 in Twin Towns, Tweed Heads. 0415 598 588
[email protected]
• 668m2 land zoned B4 Mixed Use
• 2 storey building with approx 300m2 of NLA
• 2 street access including rear lane parking
• Kitchen and bathroom facilities on each level
• Airconditioned throughout (ducted and reverse cycle)
• Located in the CBD, directly behind Sunnyside Mall (Coles and Target Country anchored)
• Forming part of King St Medical Precinct

raywhitecommercialgcsouth.com

FOR LEASE | COMMERCIAL AND OFFICE SPACE

Fully Fitted Out Office Space Retail Space Located on Main Road

2/46 SIXTH AVENUE, PALM BEACH 2/29 TWEED COAST ROAD, CABARITA BEACH

Located within walking distance to all Palm Beach CBD amenities - cafes/ • Approximately 58m2 of space on Lease:
restaurants and other professional establishments, this ground floor office the main road in town Offers to lease
space will prove to be a great location for your business.
• Partly fitted out Assi Dadon
• 134m2 of office space Lease: • Attractive rent 0415 598 588
• Reception area $3,350 PCM + Outgoings + GST • Available from 1st July 2017 [email protected]
• Sizeable boardroom
• 3 x offices Tanaka Jabangwe raywhite.com/1647145
• Male and female amenities 0449 048 779
• Kitchen/staff room + courtyard [email protected]
• Ducted air-conditioning throughout

FSoar lLeease

Refurbished Office on Main Road

13-17 RIVENDELL DRIVE, TWEED HEADS SOUTH Lease:
Offers to lease
• Several areas available from 151m2 to approx • Data cabled, A/C and much more Assi Dadon
1,000m2 • Close to all amenities 0415 598 588
• Offers to lease with incentives offered to the right [email protected]
• New fit-out to include carpet, lights etc
• A djoining tenants include ‘Service NSW’ and ‘APN tenant raywhite.com/1392401
• Available now
Newspapers’
• Allocated on-site car parks For more information or to arrange an inspection
• Modern single level office building please contact the listing agent.
• Commanding exposure to Highway exit

FOR LEASE | COMMERCIAL OFFICE SPACE | VARSITY LAKES

For Lease

1 Bellvue Drive, Varsity Lakes, Queensland

Fully Fibre Connected Office Space at Great Value Lease
From $275/m2 pa + GST Gross
RP1 Building, Varsity Lakes, offers the best value rent on the Gold Coast! Available on a short term / long Agent
term leases, there are limited opportunities to lease fitted out office space with full fibre connectivity at well Brad Duncalfe
under market rental! 0419 641 058
[email protected]
• Office space available range from 115 square metres • 2 call fully-functioning centres available:
• Access to Fibre Optic Internet (Fully Cabled) - 1 x 42 seat call centre raywhite.com/1646955
• Partly fitted out offices - 1 x 60 seat call centre
• Flexible lease terms
• On site secure car parking
• Leasing rates start from $275/sq.m pa + GST GROSS

CASE COMMERCIAL BEACHFRONT
STUDIES SHOPS WITH NEW LONG TERM
LEASES TO LONG TERM TENANTS
Go behind the
scenes to see what’s 1 AND 2, 778 PACIFIC PARADE, CURRUMBIN
happening in the
market These two beachfront strata lots with new 3+3 leases have
recently been sold individually. Ideal for the first time inves-
tor, these two beachfront lots on Currumbin Beach have
been home to the same tenants for over 15 years. With two
new long term leases in place the opportunity is yours to
purchase these lots individually.

OFFICE
SPACE

WITH WATE
VIEWS

Lease details:
Unit 1: 31 sqm
Leased to Chiropractor @ $40,909pa + gst
+ outgoings
Term 3 Years + 3 Years + 3 Year Option
Commencement April 2017

Unit 2: 25 sqm
Leased to Hair Salon @ $32,215pa + gst + outgoings
Term 3 Years + 3 Year Option
Commencement April 2017
Lots 1 and 2 - Combined Net Income $73,124pa +
gst + all outgoings

Total Inspections.................................................... 11
Total Enquiries........................................................ 55
Combined Sale Price.......................$1,042,000.00
Sale Date.................................................... May 2017
Combined Size................................................... 56m2
Agent................................................ DRU MORGAN

DRU MORGAN GREG WATSON
18

ER RARE MEDICAL/
CONSULTING SPACE
QUALITY TENANTED
INVESTMENT 8/147 WHARF STREET, TWEED HEADS

6/20 LAKE ORR DRIVE, VARSITY LAKES This newly renovated, 100m2 medical suite in the
Tweed Day Surgery and Specialist Centre has
Initially listed for lease, this 150m2, well configured recently been sold.
office space with amazing water views across the
lake and through to the ranges recently sold. The fully fitted out suite is well positioned at the
front of the building and has a large welcoming
With this fully fitted-out tenancy, it has presented reception area, three treatment rooms (with basins),
the perfect opportunity to purchase this investment staff amenities plus an internal kitchen and small
with a brand new lease in place. The new lease is private balcony.
returning $48,000 pa + GST.
With windows on both sides, it benefits from plenty
Located off Bermuda Street in a quiet cul-de-sac of natural light creating a great environment within
across the water from Bond University. Well-ser- the suite. The suite also come with two undercover
viced road network with all other professional car parks on title - spaces like these are a rarity!!
precincts in close proximity.
Inspections................................................................. 4
This property benefits from an enclosed reception Total Enquiries...........................................................8
area, seven offices with open place area, server/ Sale Price.............................................. $770,000.00
storage room, kitchenette and 2 allocated car parks. Sale Date................................................... April 2017
Size..................................................................... 100m2
Weeks on Market.....................................................3 Purchaser....................................... Owner Occupier
Inspections................................................................. 2 Agent.............................................. DARREN JONES
Total Enquiries........................................................ 10
Sale Price.............................................. $570,000.00 The suite was fully fitted
Sale Date....................................................June 2017 out and sold after just
Size:.................................................................... 150m2 four inspections.
Marketing.................................................. $1,000.00
Agent...............................................GREG WATSON

DARREN JONES

19

FSoarleLease

A-Grade Space with the BEST internet facilities

2 BOSTON COURT, VARSITY LAKES Lease:
Contact Agent
If you’re looking for the most reliable and fast internet The office offers:
on the Gold Coast then 2 Boston Court in Varsity • N et lettable area: 240sq.m Tanaka Jabangwe
Lakes has you covered! • M odern fit-out 0449 048 779
• R eception, meeting rooms, large boardroom, several [email protected]
Along with the A-Grade fit-out, plentiful parking and
great location. open plan work spaces and internal kitchen raywhitecommercialgcsouth.com
• G reat natural light

FSoralSeale or Lease

Affordable Burleigh Heads Fitted Out Offices Sale / Lease
Contact Agent
1 & 2/5-7 PROSPER CRESCENT, BURLEIGH HEADS Brad Duncalfe
Burleigh Heads is the Gold Coast’s most central beachside commercial and industrial suburb. 0419 641 058
Call to arrange an inspection on this space as this price won’t last long! Available July 2017. [email protected]

• Fully fitted out office space with fibre optic • S even (7) on-site car parks and ample on street raywhite.com/1678870
connection available for lease or sale. parking available. Unit 1 Approx 370sq.m with 5 car
parks and Unit 2 Approx 153sq.m and 2 car parks.
• A total of 523sq.m (on 2 tenancies of 153sq.m and
370msq.m) with offices/boardroom/storage. • Gold Coast City Council approved for offices.

We’re Commercial GC South

hiring

H

APPLY NOW

A career in Commercial Real Estate“ Ray White Commercial GC South
is rewarding and challenging is part of a proactive, constantly
improving real estate team.
“
Whether you are thinking about becoming a
You will either step forward into commercial real estate agent, or you are already
growth or you will step back into established in the industry why not contact us.

safety. Abraham Maslow Utilise our resources to achieve
your highest earning potential.
We choose GROWTH!
A successful real estate company needs
proven, simple systems for success, enabling
high performance agents to do what they do
best: listing, selling and leasing. By being
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you are free to reach your true potential.

Call our Recruitment Officer on (07) 5535 0500.

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Ph: (07) 5613 2007 • 19 Taree St. Burleigh Heads • PO Box 2667 Burleigh BC QLD 4220

MEET the TEAM

Jared Hodge Greg Watson Brad Duncalfe

Principal Commercial Sales Commercial Sales/Leasing

+61 7 5535 0500 +61 7 5535 0500 +61 7 5535 0500
+61 404 809 580 +61 417 757 442 +61 419 641 058
[email protected] [email protected] [email protected]

Assi Dadon Tara Imlach Darren Jones Our commercial
and business
Commercial Sales/Leasing Commercial Administration Commercial Sales/Leasing specialists provide
Ray White
+61 7 5599 5000 +61 7 5535 0500 +61 7 5599 5000 Commercial
+61 415 598 588 +61 402 188 648 GC South
[email protected] [email protected] with unrivalled
[email protected] capacity

Dru Morgan Leteicha Ridge Brendan Morgan

Business Broker Commercial Asset Manager Business Broker
Commercial Sales/Leasing
+61 7 5535 0500 +61 7 5535 0500
+61 7 5599 5000
+61 418 185 484 +61 0400 983 883 +61 411 410 099
[email protected]
[email protected] [email protected]

Neil Johnston Tanaka Jabangwe Michelle Jones

Commercial Sales/Leasing Commercial Sales/Leasing Commercial Administration

+61 7 5535 0500 +61 7 5535 0500 +61 7 5599 5000
+61 411 988 998 +61 449 048 779 [email protected]
[email protected] [email protected]

Important notice: While much care is taken to ensure that the information in this magazine is accurate, Ray White Commercial GC South does not provide any guarantee as to the accuracy of the

information provided in any part of this document. The views expressed are of a general nature and do not in any way constitute advice in any form. This commentary is provided as an opinion

only. It does not represent a formal valuation and should not be relied upon or treated as such. In accordance with Company Policy this document has been prepared for general use only and Ray

22 White accept no responsibility or liability to any other party who might use or rely upon this report in whole or part of its contents. Ray White reserves the right to revise this commentary at any
time. Should there be any errors in the data and/or information in this document, please do not hesitate to contact our office. All numbers are approximates only.

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
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Ray White Coolangatta/Tweed Heads
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23

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Leteicha Ridge Tara Imlach Caroline Thompson Commercial
GC South
Asset Manager Asset Manager Trust Account Manager Asset Management

+61 7 5535 0500 +61 7 5535 0500 +61 7 5559 9700 19 Taree Street
+61 400 983 883 [email protected] [email protected] Burleigh Heads QLD 4220
[email protected]