NEW LEASING OPPORTUNITY - Plaza Leasing Brochure.pdfInvesta Commercial Property Fund Investa...
Transcript of NEW LEASING OPPORTUNITY - Plaza Leasing Brochure.pdfInvesta Commercial Property Fund Investa...
N E WL E A S I N G
O P P O R T U N I T Y
Q V 1 P L A Z A
Located on the Hay Street side of the building, QV1 Plaza is the West End’s key dining precinct. It is the social heart for the building and its surrounds.
QV1 Plaza offers a diversity of food and beverage experiences across breakfast, lunch and dinner. It is currently home to Eat House, Mary Street Bakery, Freshii, Hopper, Zensaki Japanese Canteen and Tiny’s Bar and Liquor Emporium.
With its magnificent circular oculus, water feature and native flowerbeds, QV1 Plaza offers a vibrant meeting place where workers and visitors can enjoy great food and beverages, pop-up events and catch up with friends.
The available flagship food and beverage space is positioned on the corner of Hay and Milligan street, offering incredible exposure.
W H E R E
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W H E R E
P E O P L E
M E E T
RETAIL 1,172m2 of retail floor space plus 125m2 of alfresco dining area.
COMMERCIAL 61,064m2 over 38 levels of commercial office space. Occupancy rate in building 93.9%. (as at March 2017) Tenancy Mix: Legal, IT, Resources, Engineering and Property.
SUSTAINABILITY NABERS: 5.5 star Indoor Environment, 5.5 star Energy, 4 star Water.
AMENITY Multi-storey car park, conference centre, rooftop garden, fitness centre, concierge, 24 hour security.
T H E B E S T A D D R E S S
QV1 is an iconic 43 storey modernist tower located at the top end of St Georges Terrace, Perth’s most prestigious business address.
Designed by internationally renowned architect Harry Seidler AC, QV1 was completed in 1991 after nearly six years in development and was the largest single building project in the CBD at the time. To this day QV1 remains one of Australia’s most iconic and beautiful office buildings. In Perth, no other office building comes close to QV1.
Accommodating industry leaders including Chevron Australia, Herbert Smith Freehills, King & Wood Mallesons, Clayton Utz, WorleyParsons Services, BP Developments Australia, LINK Group, CBRE, Allens, CNOOC, Probax and The Ardross Group.
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P R E M I U M
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R E N O W N E D P R E M I U M B U I L D I N G I N C B D
T W O S T R E E T F R O N T A G E S - M I L L I G A N A N D H A Y
N O R T H - F A C I N G A S P E C T T O R E T A I L P L A Z A
D I R E C T A C C E S S T O P U B L I C T R A N S P O R T
H I G H I N C O M E W O R K E R S I N C O R E C A T C H M E N T
A R C H I T E C T U R A L D E S I G N F E A T U R E S
P R O S P E C T F O R G R O W T H I N C A T C H M E N T P O P U L A T I O N
MOUNTS BAY RD
MURRAY ST
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MURRAY ST MALL
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TO ROTTNEST VIA FREMANTLE TO SOUTH PERTH
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STIRLINGGARDENS
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240 SGT
S W A N R I V E R
RACARENA
KINGSPARK
THE MOUNTHOSPITAL
PERTHCONVENTION
AND EXHIBITIONCENTRE
JACOB’SLADDER
PARLIAMENT HOUSE CHANNEL 9
CAPITALSQUARE
MALC
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CENTRE
ARTGALLERY
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SHAFTOLANE
FORRESTPLACE
ELIZABETH QUAY JETTY
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2 MIN WALK
5 MIN WALK
10 MIN WALK
Q V 1
Q V 1 P L A Z A
Q V 1 P U B L I C C A R PA R K
R E D C A T B U S R O U T E
B L U E C A T B U S R O U T E
Y E L L O W C A T B U S R O U T E
G R E E N C A T B U S R O U T E
B U S P O R T S
T R A I N S T A T I O N S
F E R R Y
PA R K I N G
T A X I
F R E E W A Y A C C E S S
T R A I N L I N E
H O T E L
P U T Y O U R B U S I N E S S H E R E
QV1 Plaza is located on the northern side of the QV1 building, bounded by Milligan and Hay Street.
The site is close to multiple train, bus and car park options, including onsite parking for over 1,000 cars. At the top of the terrace, QV1 Plaza is easily accessible by car from the western suburbs and Perth’s major freeways.
Putting your business at QV1 Plaza will see an onsite captive customer market, supported by the expected increased day and night economies with Perth’s growing population. Forecast investment from leading accommodation brands, including Westin and The Ritz Carlton, along with strong apartment development supports a growing residential population.
Elizabeth Quay and Yagan Square, combined with the redevelopment of major retail destinations Forrest Chase and Raine Square and new comers like the State Buildings are all contributing to driving local, national and international visitation.
QV1 Plaza is ideally located to take advantage of the 15,500 seat RAC Arena located down Milligan Street with a program of local, national and international events year round.
And you’re in good company at QV1 Plaza. Join Eat House, Mary Street Bakery, Freshii, Hopper, Zensaki Japanese Canteen and Tiny’s Bar and Liquor Emporium.
L O C A T I O N
L O C A T I O N
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W A L K I N G T I M E S
King Street Shopping 7 min
Kings Park 10 min
Hay Street Mall 11 min
RAC Arena 7 min
Red and Green CAT Stops 1 min
T R A N S P O R T R E F
Elizabeth Quay Station 1
Perth Station 2
Perth Underground 3
Elizabeth Quay Bus Station 4
Perth Busport 5
Elizabeth Quay Jetty 6
Barrack Street Jetty 7
P
A C A P T I V E A U D I E N C E
The statistics speak for themselves, whether it be the current onsite tenant audience, or those who will be compelled to cross the road or walk a city block, all paths will lead to QV1 Plaza.
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CATCHMENT 2,500+ workers in QV1 building (onsite).
15,100 workers estimated at present in catchment, forecast to grow to 16,700 by 2026.
WORKERS 65% of workers in core catchment are earning above $78,000 per annum compared to 46.3% of Perth CBD workers on average.
47.5% of the core QV1 catchment workers earn $104,000 or more per annum compared to 30.2% for Perth CBD on average (based on 2016 Urbis Report).
Major employing industries in the catchment area include professional, scientific, technical services (33.5%) and mining (24.9%).
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RESIDENTS The estimated resident population of Central Perth - West is 3,214 (June 2018) and forecasted to grow to 5,300 by 2036.
In Central Perth – West, 24.3% of households earned an income of $2,500 or more per week in 2016 (Profile ID, City of Perth Community Profile, June 2019).
S U R R O U N D I N GQ V 1 P L A Z A
Understanding where the customers will come from and who they are is important. QV1 Plaza customers are segmented by primary and secondary targets.
PRIMARY QV1 Plaza primary customers will be predominantly aged between 18 and 39 and work within the QV1 building, or nearby buildings within an approximate 500m radius of the precinct. The household status of these customers is likely to be dual income with no children or young families. They are employed in either a professional, clerical or administrative position and have an annual household income of between $125,000 to $250,000.
SECONDARY The secondary customer segment for QV1 is similar to that of the primary segment. However, its parameters extend to include office workers that work in the CBD, yet fall outside of the 500m radius surrounding the QV1 precinct. These customers may also include visitors to the CBD and/or QV1.
TRADE AREA QV1’s main trade area can be defined as those areas/demographics that fall into its primary and secondary sectors.
The Urbis National Office Worker Survey found that the majority of CBD workers are reluctant to walk much beyond 500m, or two city blocks, to access regular lunch time or coffee purchases. This is reflected in Urbis’ QV1 – Retail Plaza Assessment of Market Potential (August 2016) where the trade catchment area is broken into three key areas of trade.
B R E A K F A S T
L U N C H
D I N N E R
2 . 5 9 M I L L I O N P E O P L E I N WA ( A B S N O V. 2 0 1 6 )
2 . 2 % A N N U A L E M P L O Y M E N T G R O W T H I N WA ( WA D E P T. O F T R E A S U R Y M A R . 2 0 1 8 )
0 . 9 % P O P U L A T I O N G R O W T H I N WA ( A B S S E P. 2 0 1 8 )
8 % W O R K FO R C E G R O W T H ( U R B I S M A R K E T P R O F I L E M A Y 2 0 1 6 )
MOUNTS BAY RD
MURRAY ST
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ELIZABETHQUAY
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SUPREMECOURT GARDENS
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FORT
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QV1
QV1
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MALCOLM
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TRADE CATCHMENT AREAS Assessment of Market Potential (August 2016) where the trade catchment area is defined in three areas: Core, North and West frames.
QV1 PLAZA – Located at the corner of Hay and Milligan Street, Perth.
ABOUT THE OWNERS QV1 is owned jointly by Investa Commercial Property Fund and AXA Investment Managers.
Investa Commercial Property Fund Investa Commercial Property Fund (ICPF) is a core prime office fund for institutional investors with more than $5.6 billion in assets under management. The fund aims to optimise total returns by implementing a low risk investment approach, concentrating on premium grade office assets in the major Australian CBD markets.
AXA Investment Managers - Real Assets (AXA IM - Real Assets) is one of the leading real estate portfolio and asset managers in Europe and one of the largest in the world with €76 billion of assets under management (unaudited, at December 2017).
AXA IM – Real Assets acquired Eureka Funds Management in September 2016, providing it with an established and significantly enhanced footprint in the Asia Pacific Region, which AXA IM – Real Assets has identified as a key investment market. AXA IM – Real Assets manages a number of trusts and mandates across Australia, with circa AUD 5 billion of assets under management in the office, retail, hotel and residential sectors at December 2017 (unaudited).
DISCLAIMER QV1, bounded by Hay St, Milligan St and St Georges Terrace is managed by AXA Investment Managers and Investa Commercial Property Fund. AXA Investment Managers and Investa Commercial Property Fund reserves the right to change the whole or any part of the design or any of its features at its discretion. All illustrations are conceptual only and all maps and areas are approximate and are given as guidance only. Parts of this document have been compiled from information supplied by various sources and while care has been taken in preparing this document, AXA Investment Managers, Investa Commercial Property Fund and its agents take no responsibility for any errors or omissions or discrepancies. This document is for marketing purposes only and interested parties should make their own enquiries and satisfy themselves in all respects relating to using the facilities or hiring premises at QV1. The information in this document is current as at November 2018 and is subject to change. This document is subject to copyright. QV1 is owned by Investa Nominees (2) Pty Limited (ACN 128 351 011) as trustee for the ICPF Subtrust 1 (ABN 94 618 920 600) and Commonwealth Superannuation Corporation as trustee of the PSS/CSS A Property Trust (ABN 53 508 925 207).
LEASING CONTACT Darryll Ashworth M: +61 407 606 933 P: +61 8 9474 6662 E: [email protected]
MANAGING AGENT QV1 is managed by CBRE
PROJECT ARCHITECT HASSELL
L E A S I N G O P P O R T U N I T YU N L I K E A N Y O T H E R
Tenancy E1 is the flagship food and beverage space within the QV1 Plaza, extending to 312sqm of internal space and a further 119sqm of alfresco, providing a dominant corner location.
W H E R E
P E O P L E
M E E T
R E T A I L
P L A N
FRESHII
ZENSAKIJAPANESECANTEEN
EAT HOUSE
MARY STREET BAKERY
TINY’S BAR & LIQUOR EMPORIUM
HOPPER
UNDER OFFER
85 m²
AVAILABLEE1
312 m²
48 m²
67 m²