information memorandum - lot 5 village squa re browns plains

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lot 5 villaGe sQuaRe BRoWns Plains

For sale By Private treaty

information memorandum

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information memorandum - october 2013

GRand PlaZa ReGional sHoPPinG CentRe

sPotliGHt

BunninGs HaRdWaRe

HaRveY noRman

lot 5

* outline indicative only

Contentsinvestment Highlights 03

location map 05

Centre Plan 07

sales Brochure - Godfreys 09

sales Brochure - national dental Care 10

sales Brochure - Rugs a million 11

sales Brochure - urban Burger 12

sales Brochure - taB 13

sales Brochure - eB Games 14

sales Brochure - owner occupier opportunities 15

sales details - Jd lighting 16

sales Process 17

JB Hi-Fi

tHe Good GuYs

the collection of prime retail investments in the village square Browns Plains present as the perfect smsF investments with prices ranging from $650,000 - $1,070,000. each tenancy provides the opportunity to acquire near new retail assets in one of south east Queensland’s major retail precincts at entry level prices.

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CBRe & First Commercial are pleased to offer a collection of prime retail investments in village square Browns Plains For sale by Private treaty. Please consider the following strengths of these assets -

▪ minimal exposure to outgoings increasesall tenants to the centre have committed on net lease arrangements. this means all tenants are responsible for a

majority of their outgoings, excluding land tax (where applicable) and contributions to the Body Corporate sinking

Fund.

▪ Perfect self-managed super Fund investmentthe long term net lease agreements, strong fixed annual increases, the nationally recognised covenants all within a

$1.10 million price point sees the assets as the perfect self managed super fund investments.

▪ Future Population Growththe village square Browns Plains sits within a large and stable main trade area of approx. 254,380 persons (1)

which is forecast to grow 21% approx to approx. 351,510 persons over the next 10 years. (1)

▪ a dominant Retail Precinctthis centre benefits from a concentration of the nations leading retailers including the $400 million Grand Plaza

shopping Centre, Bunnings Hardware, Harvey norman, spotlight, the Good Guys, JB Hi-Fi & many others.

▪ significant depreciation Benefitsvillage square Browns Plains was developed in 2008 by FKP to the highest standard of construction and design.

due to the centres age and finishes the tenancies offer significant fast tracked depreciation benefits. (Copy

available on request)

investment Highlights

(1)Source – Urbis Main Trade Area Analysis September 2012

10 k

m

10 km

15 k

m

15 km5 km

5 km

DurakDurakInalaInala

DarraDarra

BurbankBurbank

ChandlerChandler

CapalabaCapalaba

OxleyOxley

KenmoreKenmore

Fig TreePocket

Fig TreePocket

JindaleeJindalee

IndooroopillyIndooroopilly

BrookfieldBrookfield

The GapThe Gap

GaythorneGaythorne

Everton ParkEverton Park

BardonBardon

KelvinGroveKelvinGrove

ToowongToowong

St LuciaSt LuciaGreenslopesGreenslopes

YeerongpillyYeerongpilly

FairfieldFairfieldHolland

ParkHolland

Park

CarindaleCarindaleWoollonngabbaWoollonngabba

CoorparooCoorparoo

NormanPark

NormanPark

WestEndWestEnd

NewmarketNewmarket

LutwycheLutwyche

HamiltonHamilton

HemmantHemmant

WakerleyWakerley

WynnumWynnum

ThornesideThorneside

OrmistonOrmiston

ClevelandCleveland

ThornlandsThornlands

AmityAmity

DunwichDunwich

AlexandraHills

AlexandraHills

WellingtonPoint

WellingtonPoint

WindsorWindsor

KedronKedron

StaffordHeightsStaffordHeights

NundahNundah

GeebungGeebung

ZillmereZillmere

CarseldineCarseldine

ShorncilffeShorncilffe

MoretonIsland

MoretonIsland

NorthStradbroke

Island

NorthStradbroke

Island

StrathpineStrathpine

KallangurKallangur

LawntonLawnton

FernyGroveFernyGrove

SandgateSandgate

BrightonBrighton

RedcliffeRedcliffe

WoodyPoint

WoodyPoint

ScarboroughScarborough

DeceptionBay

DeceptionBay

NorthLakesNorthLakes

VirginiaVirginia

BanyoBanyo

NudgeeNudgee

BrisbaneAirport

BrisbaneAirport

PinkenbaPinkenba

Port ofBrisbanePort of

Brisbane

Eagle FarmEagle Farm

BulimbaBulimba

CannonHill

CannonHill

MorningsideMorningside

PullenvalePullenvale

MoggillMoggill

WacolWacol

SherwoodSherwoodMoorookaMoorooka

Acacia RidgeAcacia Ridge

CoopersPlains

CoopersPlainsArcherfieldArcherfield

RockleaRockleaSalisburySalisbury WishartWishart

SunnybamkSunnybamk

WillawongWillawong

Sunnybank Hills Shopping TownSunnybank Hills Shopping TownCalamvale CentralCalamvale Central

Underwood MarketplaceUnderwood Marketplace

Sunnybank PlazaSunnybank Plaza

Mt Ommaney CentreMt Ommaney Centre

Redbank PlazaRedbank Plaza

Centro SpringwoodCentro Springwood

Logan Central PlazaLogan Central Plaza

Beenleigh MarketplaceBeenleigh Marketplace

Orion SpringfieldOrion Springfield

Forest LakeForest Lake

Lara PintaLara PintaParkinsonParkinson

ForestdaleForestdale

SpringfieldSpringfield

GoodnaGoodna

SumnerSumner

CamiraCamira

GreenbankGreenbank

Springfield LakesSpringfield Lakes Park RidgePark Ridge

Park Ridge SouthPark Ridge South

Chambers FlatChambers Flat

Logan ReserveLogan Reserve

BuccanBuccan

StockleighStockleigh

North MacleanNorth Maclean

MunrubenMunruben

WaterfordWaterford

WinarooWinaroo

YatalaYatala

Logan VillageLogan Village

PallaraPallara

KarawathaKarawatha

BerrinbaBerrinba

MarsdenMarsden

CrestmeadCrestmead

LoganleaLoganlea

BethaniaBethania

EaglebyEagleby

MeadowbrookMeadowbrook

LoganholmeLoganholme

KingstonKingstonShailer ParkShailer Park

RuncornRuncorn

RochedaleRochedale

MORETONBAY

CORALSEA

BRISBANEBRISBANE

IPSWICHIPSWICH

M o re to n

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location

the retail opportunities are located at the heart of the Browns Plains town Centre. the Browns Plains town Centre complex is a 56,067sqm major retail precinct anchored by Bun-nings Hardware, Harvey norman, spotlight, JB Hi Fi, Rays outdoors, the Good Guys, super

Butcher and which adjoins the $ 400 million Grand Plaza Regional shopping Centre.

The key location attributes include the following –

▪ Browns Plains is a major commercial centre and high growth residential corridor located approx. 35 kms south west of the Brisbane CBD;

▪ The Browns Plains Town Centre benefits from direct access to Browns Plains Road and being in close proximity to the Mount Lindesay Highway. With on grade parking for 468 cars, the centre has established itself as a convenient retail, commercial and dining precinct;

▪ The highly convenient on-grade design of the town centre precinct allows for ease of movement between The

Village Square, Grand Plaza Shopping Centre and other major retailers in the area, enhancing the exposure and traffic flow enjoyed by all retailers at the centre.

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FOR SALE - $1,010,000FOR SALE - $1,070,000lot 5109 10 - 20 eastern Road, Browns Plains, Queenslandlot 5103 10 - 20 eastern Road, Browns Plains, Queensland

sale detailsProperty: national dental Care Premises

size: 170 sqm

net income: $75,534 p.a.

asking Price: $1,010,000

sale detailsProperty: Godfreys Premises

size: 282 sqm

net income: $ 74,664 p.a.

asking Price: $1,070,000

Financial details$ $

Gross income $ 91,082

Centre outgoings -$ 14,582

sinking Fund (owners Cost) -$ 966 -$ 15,548

net income $ 75,534




sinking Fund (owners Cost) -$ 1,589 -$ 25,026

net income $ 74,664

Commentslot 5109 is a prominent 170 sqm strata titled retail tenancy in the village square Browns Plains. national dental Care has

recently committed to their village square Browns Plains practice on a 5+5 year lease with fixed 4% annual rental reviews .

Commentslot 5103 is a prominent 282sqm strata titled retail tenancy in the village square Browns Plains. Godfreys the iconic retailer

has occupied their premises since may 2011 on a 5+5 year lease with fixed 4% annual rental reviews.

tenant Profilenational dental Care

national dental Care (ndC) is building a national network

of corporatised dental practices, and along with it a

reputation in the dental industry as being a market leader.

national dental Care are currently operating 15 practices

in three states, Queensland, new south Wales and the

northern territory.

tenant ProfileGodfreys

Godfreys is the largest vacuum cleaner retailer in the

world and has established a strong and vibrant trade from

their village square Browns Plains store. the brand was

established in 1931 and has grown to become an iconic

retailer. the brand now holds over 200 stores across all states

of australia and new Zealand & the brand continues to

lead the market through innovation and strong marketing

endeavours.

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FOR SALE - $980,000lot 5106 10 - 20 eastern Road, Browns Plains, Queensland

sale detailsProperty: taB Premises

size: 156sqm

net income: $75,169

asking Price: $980,000





net income $ 75,169

Commentslot 5106 is a 156 sqm (approx.) strata titled retail investment. taB commenced operating from the premises in June

2010 and is secured on a 10+5 year lease. the Browns Plains taB services Browns Plains and the surrounding

suburbs.

tenant ProfiletattsBet limited

tattsBet limited is a subsidiary of tattsGroup limited and is a

provider of diversified gambling services. the organisation has

operated successfully for over 125 years. tattsBet limited, is a

asX listed organisation which has a monopoly over bricks and

mortar gambling throughout australia. all of tattsBets operations

were originally government owned however were privatised and

listed in 1994. With an estimated annual revenue of approx. $3.3

billion tattsBet limited will continue to dominate its industry.

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sale detailsProperty: eB Games Premises

size: 162 sqm

net income: $82,790 p.a.






net income $ 82,790

Commentslot 5108 is a 162 sqm strata titled retail tenancy in the village square in Browns Plains. eB Games has occupied their

Browns Plains site since June 2009 on a 6+6 year lease with annual CPi +1% rental reviews.

tenant ProfileeB Games

eB Games forms part of the listed american computer

giant Game stop which is listed on the new York stock

exchange. the brand was established in 1977 in the usa

and has now established itself as the prominent global

brand for video game retailing. the greater company has

over approx. 6,500 stores across the usa, australia,

europe, Canada and Central america.


sale detailsProperty: Rugs a million Premises

size: 202 sqm

net income: $45,366






net income $ 45,366

Commentslot 5101 is a 202 sqm strata titled retail tenancy. Rugs a million has occupied the village square Browns Plains site

since may 2011 on a 5+5 year lease with fixed 4.0% annual rental reviews.

tenant ProfileRugs a million

Rugs a million is an australian owned and operated

homewares retailer specialising in the sale of local and

imported floor coverings. the company employs over 100

staff with the company growing to have 31 stores across

Queensland, south australia and Western australia.


sale detailsProperty: urban Burger Premises

size: 97 sqm

net income: $51,361






net income $ 51,361

Commentslot 5110 is a 97 sqm strata titled retail tenancy. urban Burger has occupied the village square Browns Plains site since may

2009 and has recently renewed on a new 7+5 year lease with fixed 4.0% annual rental reviews.

tenant Profileurban Burger

urban Burger is an australian owned and operated gourmet

burger chain which commenced operation in melbourne,

victoria in 2003. the company has grown to a chain of 10

stores across victoria and south east Queensland.

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OWNER OCCUPIER OPPORTUNITIES FROM $690,000 - $810,000lots 5102 & 5107 10 - 20 eastern Road, Browns Plains, Queensland

sale detailsProperty: lot 5102

size: 206 sqm

Proposed net income: $60,638

asking Price: $ 810,000





net income $ 60,638

Commentslot 5102 and 5107 are two separate retail/commercial owner occupier investments. the tenancies range in size from 206 sqm to 139

sqm and ideally would be suited to serviced based or homewares retailers.

sale detailsProperty: lot 5107

size: 139 sqm

Proposed net income: $54,819






net income $ 54,819

UNDER OFFER - $1,937,500 lot 5104 & lot 5105 10 - 20 eastern Road, Browns Plains,

sale detailsProperty: Jd lighting Premises and lot 5105

size: 530 sqm

net income: $155,000

sale Price: $1,937,500





net income $ 155,000

CommentsJd lighting occupy a 530 sqm strata titled retail tenancy. Jd lighting has occupied the village square Browns Plains

site since march 2010 and recently expanded and renewed on a 5+5 year lease arrangement with fixed 4% annual

reviews.

tenant ProfileJd lighting

Jd lighting is a locally owned and operated homewares

retailer which commenced operation in the Browns Plains

town centre in 2010. the company has recently renewed

and expanded their store.

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sale Process

inFoRmation to Be PRovidedoffers to Purchase must clearly indicate the following:-

▪ name of the interested Party, together with the Principals supporting the interested Party and details of the

holding company or entity if the interested Party is a subsidiary or part of that group.

▪ Full details of the interested Party’s capacity to complete the transaction in a timely manner. details on how

the purchaser intends to fund the acquisition, its funding sources, financial position and track record in

completing relevant similar transactions together with an outline of any approvals and conditions relating to

debt financing and/or equity raising.

due diliGenCePlease contact the sales agent for access to the due diligence material.

ContRaCt FoR salea draft contract is available for review upon request for each of the assets.

CHanGes to tHe PRoCessthe vendor reserves the right to withdraw the property from sale at any time and/or amend the offering at

its discretion. the vendor is not responsible for any costs or expenses incurred by the interested Party in

preparing and lodging an offer to Purchase or in taking part in the above process, whether or not the party

is successful or whether or not the vendor terminates, varies or suspends that process or takes any actions

available to the vendor.

ContaCt

Chris Brinley - CBRe

negotiator - Retail investments

m 0401 322 668

e [email protected]

michael Hedger - First Commercial

senior negotiator - sales & leasing

m 0414 888 659

e [email protected]

Ben Bowen - First Commercial

negotiator - sales & leasing

m 0414 888 978

e [email protected]

information memorandumHigh Quality Fast Food Centre

For more information;

level 3, Waterfront Place

1 eagle st

Brisbane, Queensland 4000

Chris Brinley - CBRe

negotiator

Retail investments

e: [email protected]

m: 61 401 322 668

michael Hedger - First Commercial

senior negotiator

Retail investments

e: [email protected]

m 61 414 888 659

Ben Bowen - First Commercial

negotiator

Retail investments

this information memorandum (“im”) has been prepared by CBRe (C) Pty ltd (“CBRe”) & First Commercial and is prepared on the basis of information provided to CBRe & First Commercial in connection with the

relevant transaction. any statement or opinion made by CBRe or First Commercial in connection with the transaction contemplated in the im is not based on any actual or implied knowledge or consideration

of the investment objectives, financial situation, legal or taxation position or any other particular needs or requirements of the recipients of this im. all parties must make their own independent assessment and

investigation including without limitation, seeking professional advice and must determine its interest in proceeding upon the basis of such independent assessment, investigation and appraisal. any statement

or opinion of CBRe or First Commercial whether express or implied is not, nor should be construed as a recommendation by CBRe or First Commercial or any of their respective officers, agents or employees to

participate in the transaction and, to that extent, no reliance will be placed on CBRe, First Commercial or their respective associates. CBRe, First Commercial or their respective associates do not warrant (expressly

or impliedly) that information contained in this im is complete, true and correct and not misleading or not likely to be misleading or deceptive. CBRe, First Commercial or their respective associates are not

responsible and will not under any circumstances be liable (whether at law, in equity, under statute or otherwise) for any statement made or anything contained in or arising out of the information including,

without limitation, any errors, misrepresentation or omissions. CBRe & First Commercial disclaims all responsibility for any loss or damage caused by reliance by any person on this im or any representation,

warranty or statement made by or on behalf of CBRe, First Commercial and their respective associates. this im is confidential and is for the sole use of persons directly provided with it by CBRe or First Commercial

and is not to be reproduced, copied or sent to any other person without the prior written consent of CBRe or First Commercial. the use by, or reliance upon this document by any other person is not authorised

by CBRe or First Commercial and without limitation to the above disclaimers, CBRe or First Commercial are not liable for any loss arising from such unauthorised use or reliance.

information memorandum - lot 5 village squa re browns plains

Documents

sales brochure tab

sales brochure godfreys

sales process

sales brochure eb games

sales brochure urban

new retail assets

sales details jd lighting

perfect smsf investments