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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information memorandum - october 2013
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
Is la n d
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information memorandum - october 2013
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
Financial details$ $
Gross income $ 99,690
Centre outgoings -$ 23,437
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: $980,000
Financial details$ $
Gross income $ 88,838
Centre outgoings -$ 12,793
sinking Fund (owners Cost) -$ 876 -$ 13,669
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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FOR SALE - $920,000lot 5108 10 - 20 eastern Road, Browns Plains, Queensland
sale detailsProperty: eB Games Premises
size: 162 sqm
net income: $82,790 p.a.
asking Price: $920,000
Financial details$ $
Gross income $ 98,328
Centre outgoings -$ 14,623
sinking Fund (owners Cost) -$ 915 -$ 15,538
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.
FOR SALE - $650,000lot 5101 10 - 20 eastern Road, Browns Plains, Queensland
sale detailsProperty: Rugs a million Premises
size: 202 sqm
net income: $45,366
asking Price: $650,000
Financial details$ $
Gross income $ 63,483
Centre outgoings -$ 16,960
sinking Fund (owners Cost) -$ 1,157 -$ 18,117
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.
FOR SALE - $690,000lot 5110 10 - 20 eastern Road, Browns Plains, Queensland
sale detailsProperty: urban Burger Premises
size: 97 sqm
net income: $51,361
asking Price: $690,000
Financial details$ $
Gross income $ 61,394
Centre outgoings -$ 9,477
sinking Fund (owners Cost) -$ 556 -$ 10,033
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
Financial details$ $
Gross income $ 78,830
Centre outgoings -$ 17,030
sinking Fund (owners Cost) -$ 1,162 -$ 18,192
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
asking Price: $690,000
Financial details$ $
Gross income $ 68,545
Centre outgoings -$ 12,945
sinking Fund (owners Cost) -$ 781 -$ 13,725
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: $1,937,500
Financial details$ $
Gross income $ 202,883
Centre outgoings -$ 44,884
sinking Fund (owners Cost) -$ 2,999 -$ 47,883
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.
undeR oFFeR
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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 chris.brinley@cbre.com.au
michael Hedger - First Commercial
senior negotiator - sales & leasing
m 0414 888 659
e michaelh@firstcommercial.com.au
Ben Bowen - First Commercial
negotiator - sales & leasing
m 0414 888 978
e benb@firstcommercial.com.au
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: chris.brinley@cbre.com.au
m: 61 401 322 668
michael Hedger - First Commercial
senior negotiator
Retail investments
e: michaelh@firstcommercial.com.au
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.
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