The Prospect June 2016

PROSPECT C ommerc ia l Sa les | C ommerc ia l L e as es | Bus iness Sa les

A tempting selectionof commercial propertyand business sales from theGOLD AND TWEED COASTS

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Ray White Commercial GC South

SOUTHPORT CENTRAL PGS 2 - 4 Get to know this incredible building in the heart of Southport.

PRODUCTIVE MEETINGS PGS 8 Get the most out of your staff meetings. The latest research into making meetings productive

CAREERS WITH US PGS 16Ever wanted to know what a day in hte life of a commercial real estate agent involves?

CONTENTS

FEATUREDA R T I C L E S

C o m m e r c i a l S a l e s | C o m m e r c i a l L e a s e s | B u s i n e s s S a l e s

COMMERCIAL SALES PG 10 - 14A selection of our commercial sales offerings from all over the Gold and Tweed Coasts.

CASE STUDIES PG 6-7 Take a moment to investigate the finer details behind our recent successful commercial real estate campaigns.

FEATURE PROPERTYPG 8 - 9Pure Kirra on Musgrave Street is an incredible offering in an up and coming Gold Coast suburb.

FEATURED ARTICLES


COMMERCIAL SALESPGS 2 - 9

COMMERCIAL LEASESPGS 10 - 15

BUSINESS SALESPGS 16 - 20

COMMERCIALOPPORTUNITES

CONTENTS C o m m e r c i a l S a l e s | C o m m e r c i a l L e a s e s | B u s i n e s s S a l e s

CAREERS WITH USPG 15Ray White Commercial GC South is a proactive, constantly evolving company; Join us!

COMMERCIAL LEASESPG 18 - 19Time to relocate your business or looking at starting a business?

BUSINESS SALESPG 15 - 17 Make your unique mark on one of these established businesses.

COMMERCIAL OPPORTUNITIES


With the influx of interstate buyers on the Gold Coast, there is a shortage of investments properties. This has lead to increased interest on many of the vacant properties.

Vacancy rates are lowering and we are experiencing increased interest in all sectors, retail, commercial and industrial.

Small business confidence contributes to this and what it means for the property market is a reduction in market incentives on leases.

We are seeing less free rent and landlord contributions in leases over the past 3-4 months.

Overall, there are only positive signs across the Gold Coast Commercial Market.

Yields have tightened up substantially compared to this time last year. Some of the factors that have influenced this are the low interest rates, consumer confidence and a shortage of available properties.

The Banks have lowered their interest rates which has in turn reduced the gap between vendor and buyer expectations. It has also encouraged cash buyers to move their money into bricks and water rather than have it idling in the bank.

Consumer confidence is high due to buyers seeing the value in the market and the slight ease to access of funds. This is coupled with the interest we are now receiving from interstate investors.

Major cities around Australia (Melbourne, Sydney and Brisbane) are realising that the Gold Coast is presenting much better value and is arguably 12-18 months behind their market place. This is driving up the demand, particularly for tenanted investments.

The Commercial Market across the Gold Coast is currently experiencing considerable growth.

Jared Hodge

THEPRINCIPAL up

date

C o m m e r c i a l S a l e s | C o m m e r c i a l L e a s e s | B u s i n e s s S a l e s

Overall, there are only positive signs across the Gold Coast Commercial

Market.

Source: Ray White Commercial

Ray White Commercial visits China

CHINESE C o m m e r c i a l M a r k e t - R a y W h i t e R e v i e w

Ray White is known to be a massive player within the real estate sector. In fact every hour Ray White sells $3 million worth of property, we call more auctions that any other real estate group, and we have 1,000 offices in 9 countries. Although you know how large our residential division is, what do you know about

the Commercial side of the company? Ray White Commercial has an extremely proactive and forward thinking approach to the continued growth of their commercial business. This is proven by the relationship they are actively building, and the research they continually conducting into the Chinese market.

Ray White Commercial Review

Recently a group from the Corporate Ray White Commercial office travelled to Shanghai, Beijing

and Guangzhou to meet with some of our key existing and prospecting clients and spent some time with the Ray White teams in Beijing and Guangzhou.

Brian, Stephen Girdis (White & Partners’ Sydney) Scott Timbrell (Commercial NSW), Sen Wang (China desk, Sydney) and Dan White visited and held over 15 meetings / functions with large Chinese developers, investment agency and companies.

These companies included Wanda, Greenland, Country Garden, Vanke, SRE, Chiwayland, Longfor and R&F Corp, many of which are undertaking the largest development projects in Australia and New Zealand.

The following are key insights from the meetings throughout the trip: • Despite having already invested significantly in

our markets, all of these companies said that they were at very early stages of business development in Australia and New Zealand. Continued and increasing investment was a key part of their overall strategy.

• Australia remains internationally competitive. The US remains the preferred country to invest in, though Australia with its lower dollar is viewed relatively well.

• Construction companies are searching for opportunities to enter into The Australian market, preferably in joint ventures.

The Ray White office in Beijing is forming a strong relationship with China’s largest real estate agency, Homelink. Homelink has over 5,000 offices throughout China!

Every trip to China this year has reinforced the view that the integration of China and Australia is only at its infancy. China is now our largest trading partner, and our largest source of tourists. In Sydney, residents with Chinese ancestry represents 13% of the population, and growing. Whether China keeps growing or not, either way, we are going to grow closer and closer with China.


CASE STUDIESR E C E N T C O M M E R C I A L R E A L E S T A T E A C T I V I T Y

Take a moment to investigate the finer details behind our successful campaigns

Behind the scenes in most things in life, there is a lot more going on than most people can ever begin to imagine. This rings true in all aspects of commercial real estate. Take a quick look at three of our recent case studies.

CASE STUDY 1TYPE: Commercial Sale SOUTHPORT, Southport Central3007/ 9 Lawson Street, QLD

Details: Current tenant: Sushi Restaurant. Lease term: 5 x 5 years. Size: 106 + 43m2. Net income: $68,320 + GST

Sale Method: POA Total Enquiries: 10Total Inspections: 4Contracts Issues: 2Sale Price: $954,000Listed Date: 17th March 2016 Sale Date: 4th May 2016Agents: Tony and Adam Grbcic

CASE STUDY 2TYPE: Commercial Sale BURLEIGH HEADS1863 Gold Coast Highway, Burleigh Heads, QLD

Details: This freehold beach side commercial property includes 483m2 of net lettable tenancies over 3 levels on a 506m2 corner site. It is currently leased with seven tenancies providing a net income of approx $155,782.00 per annum. Very rare freehold commercial property.

Sale Method: Auction Total enquiries:44Total Inspections: 8Offers: 4Sale price: $2,050,000Listed date: 25 January 2016Sale date: 25 February 2016Campaign total spend: $5,550.00Agent: Greg Watson

CASE STUDY 1

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CASE STUDY 3TYPE: Business Sale MURWILLUMBAH, Imperial Hotel 115 Murwillumbah Street, NSW

Details: A hotel prominently positioned close to all facilities in the centre of the Commercial and Retail precinct of Murwillumbah. Freestanding hotel on approx 2,540 m2 land Ground floor: 2 bars, bistro, restaurant, function rooms20 guest rooms and 3 bedroom manager’s residence

Sale Method: Auction Total Inspections: 11Contracts Issues: 6Sale Price: $835,000Listed Date: 30th February 2016 Sale Date: 21st April 2016Campaign total spend: $11,229.00Total Enquiry: 25Agent: Darren Jones

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CASE STUDY 2

CASE STUDY 3


KIRRA 28 Musgrave Street, ‘Pure Kirra’

FEATURED C O M M E R C I A L P R O P E R T Y

Half Sold, Half Amazing, Pure Kirra Commercial Precinct. 5 Superior Tenancies Fronting

Musgrave St.

• Offered in one line

• 4 out of the 5 are tenanted

• Rental guarantee in place for the vacant lot

• Lettable area: 338sqm + 109sqm al fresco

• Returning $249,550 * NET

• 1 dedicated level of secure basement

parking

• Mix of cafe/ restaurant & boutique retail

tenants

• Makes for a lucrative holding investment

Fronting the world famous Kirra Beach, this precinct is nestled at the northern gateway of the rapidly growing suburb of Coolangatta. Approximately 1.5km from the Gold Coast Airport and 25km south of Surfers Paradise with easy access to Gold Coast Highway and the Pacific Motorway.

WELCOME TO KIRRA! Musgrave Street in Kirra is quickly cementing itself as 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.

Sale

Price $3,495,000Size 50m2 - 94m2 *

Jared Hodge 0404 809 580 [email protected]

Tanaka Jabangwe 0449 048 [email protected]


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| Dining | Shopping | Beach | Coffee | 28 Musgrave Street | Pure Kirra

A weekend stroll along Musgrave Street and the friendly vibe is instantly apparent, as a broad mixture of people visit their favourite cafe spots. Across the road young families gather, large groups of cyclists zip past on their morning ride, woman fresh from yoga class pop in for a

peppermint tea and retired couples settle into their favourite position with the morning paper. A quick walk around to Coolangatta on the boardwalk or along the beach and if the conditions are right watch as world champion surfers catch waves.

The feeling onMusgrave Street is one of growth and a great indication of things to come.


New Listings Tenanted Investments

Southport 56 Scarborough Street

Situated in Southport, the epicenter of the Commonwealth Games and the Gold Coast’s Central Business District, here lays the opportunity to purchase a range of tenanted investments throughout the Southport Central Retail Precinct.

Lot 303 & 304Tenant: Bank (national brand) Lease Term: 5 years Size: 107.5m2 Net Income: $68,700 + GST

Lot 3007Tenant: Sushi Restaurant Lease Term: 5 years Size: 106m2 + 43m2 Net Income: $68,320 + GST

Lot 2007Tenant: Real Estate OfficeLease Term: 7 years Size: 68m2 + 20m2 Net Income: $37,207 + GST

Lot 2010 Tenant: Government Funded Agency Lease Term: 3 years Size: 93m2Net Income: $53,000 + GST

These properties have been cherry picked, with secure leases and well trading tenants.

Sale

Contact Agent Size (Ranging from) 68m2 + 20m2 to 106m2 + 43m2 Property ID 1448137

Tony Grbcic 0407 968 667 [email protected]

C O M M E R C I A L S A L E S

Adam Grbcic 0404 087 772 [email protected]

SOLD

Owner Requires Immediate Sale - Auction Tenanted Investment

Southport 9 Lawson Street

Situated in Southport Central, Tower 3, this property comprises of 4 lots adjoined to create a 409m2 area and has been purpose built to cater for educational/ training colleges.

The property is currently tenanted by Lifetime International, who are a well established training college that have been operating in Southport for many years.

The Investment Opportunity includes:

• 409m2 made up of 4 titles

• Brand New 3 + 3 + 3 year lease

• Net Income $102,000 + GST p.a

• High Security and Bond

• High Quality Fit Out

Auction

Details: Saturday 18th June 2016 at 10:00am Twin Towns, Tweed Heads Property ID 1400570

Tony Grbcic 0407 968 667 [email protected]

C O M M E R C I A L S A L E S - A U C T I O N

Adam Grbcic 0404 087 772 [email protected]

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SaleOffers Over $3,000,000Greg Watson 0417 757 442 [email protected] Makauskas 0418 756 [email protected]

Beachside Holding in Palm Beach

Palm Beach 1383-1385 Gold Coast Hwy

This site provides 815m2 of beach side land on 2 titles with redevelopment potential. It currently houses a very popular high quality restaurant, plus an older style beach cottage, providing a substantial holding income.

• 815m2 Beach side on two titles

• Corner site with permanent ocean views

• Includes a restaurant plus beach cottage

• Substantial holding income

• Many redevelopment opportunities

The property is located on the beach side of the Gold Coast Highway in the North Palm Beach neighbourhood centre, with permanent ocean views from it’s corner position. Walk to the beach, cafes and shops with public transport at the front door. Vendor is keen to leave the redeveloping to a motivated buyer.


Murwillumbah Hotel

Murwillumbah 17-23 Wharf Street

It is with pleasure we are able to offer for sale the Murwillumbah Hotel by way of Offers to Purchase.

Located amongst the ‘cafe precinct’ of town with close proximity to all that Murwillumbah has to offer. Free standing two storey hotel with retail component offered for sale and comprises the following.

• Land area 1,650m2 * zoned Commercial

• NLA approx 1,532m2 *

• 7 retail shops, a bar and 17 hotel rooms and 3-4 bedroom manager residence

• Multi tenanted investment with Net income of approx $300,000

• Fully refurbished approx 2 years ago

• Owner committed elsewhere

SaleOffers to Purchase Closing Thursday 16th June at 4 pm Assi Dadon 0415 598 588 [email protected]

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SaleOffers to Purchase Greg Watson 0417 757 442 [email protected]

Motel and 4x Apartments in One Line

Palm Beach 1026 Gold Coast Highway

Located at the Southern end of Palm Beach are these two properties being offered for sale in one line. Included is an 18 room Motel on 1194m2 of land plus 4 strata titled 2 x bedroom units on 526m2 land. The property is located on the Gold Coast Highway at the Southern end of Palm Beach within easy walking distance to beautiful beaches, parks, clubs, restaurants, cafes, Currumbin estuary and Palm Beach Currumbin High School.

• Fully operating 18 x room motel with reception and 2 bedroom managers residence

• Full brick/ suspended slab construction

• 4 brick veneer 2 x bedroom apartments currently set up for holiday letting

• All fully furnished and air-conditioned


Must be sold at Auction or before


Auction


Amazing Opportunity

Burleigh Heads Units 1,2,3/1 Bee CourtSurrounded by national retailers such as Bunnings, McDonalds, Red Rooster, Subway, Chemist Warehouse, National Australia Bank, Kennard’s Storage, Total Tools, and within walking distance of Treetops Shopping centre and the proposed Urbia Burleigh Development.

An amazing opportunity exists to purchase 3 industrial units in Burleigh Heads. Buy 1, 2 or all 3.

Unit 1

• Brand new lease in place

• 2x2 year term returning $31,680pa

• 202sqm + stunning office facilities

Unit 2

• Available vacant possession

• 188sqm + ground floor reception area

• Immaculate presentation, previously pharmaceutical

Unit 3

• Tenanted Investment

• Lease in place expiring December 2018

• Returning $28,599* pa

• 186sqm open planBoundaries Indicative Only


Auction Details: Saturday 18th June 2016 at 10:00am Twin Towns, Tweed Heads

Dru Morgan 0418 185 484 [email protected]

435sqm Retail Investment

Murwillumbah 112 Main Street

• 366sqm ground floor + 69sqm mezzanine • Ideal Investment opportunity with strong lease

potential • Positioned in the middle of Murwillumbah’s CBD• Dual street access, loading bay, mezzanine

storage, wide frontage and huge retail area• On-site toilets • An ideal space for a variety of businesses • An opportunity not to be missed

Details: 16th June 2016 at 11am Gold Coast Turf Club, Racecourse Drive, Bundall

Adam Roberts 0422 443 565 [email protected]

Adam Young 0424 191 252 [email protected]


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 POTENTIALA 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 NOWYou will never regret beginning your career with the Ray White GC South Network. Contact our Recruitment Officer today on (07) 5535 050.

A career in Commercial Real Estate is rewarding and challenging

“You will either step forward into growth or you will step back into saftey” Abraham Maslow

We choose GROWTH!

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B U S I N E S S S A L E S

Takeway Food Franchise Opportunity

Brisbane CBDAfter a marriage break up the owner has informed us that he must sell.

ThishighlysuccessfulandveryprofitablefoodfranchiseinBrisbane’sCBDhas ranked as one fo the top revenue stores in QLD for the past 7 years. This truly is an outstanding opportunity!

• Very well established store, over 10 years operating in the current site

• Minimum EBITDA $250,000 per annum for the past 5 years under management

SalePrice $550,000 + Stock ($5,000 approx)

Rod Jessen 0424 196 010 [email protected]


HEALTH A N D N U T R I T I O N B U S I N E S S

Dynamic Northern NSW Retail Health & Nutrition Business

If you love a healthy lifestyle and are looking for a great opportunity to step into an established health and nutrition business then look no further.

This well established business is a proven success with annual sales of approximately $700,000 and a strong net return to the owner.

With highly trained staff in place, the owner needs only to contribute approx two days per week. The shop has a high quality fit-out and is located in a well known shopping centre in a prime position.

Experience in this industry is not essential as all training can be provided by the current owner along with a working handover period if needs be.

On Offer:

This established business features

• Annual sales of approx $700,000

• Strong return to owner

• Highly trained staff

Sale

Price $195,000 + stock (approx $95,000)




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• Well established with great staff in place • Owner retiring • Seats 75 patrons

Highly Successful Cafe Kingscliff

This well established Kingscliff cafe has a fantastic location with an excellent high exposure setting. This business is an air conditioned, all weather venue cafe established in 2007. The business is supported by a stable, local, repeat customer base and tourists all year round and is a short stroll to the magnificent Kingcliff Beach.

The cafe has a Liquor license 7am - 9pm, with average weekly takings of $10,000 and an annual turnover of approximately $500,000. It is a very organised cafe with an excellently equipped kitchen and well trained, enthusiastic staff.

The business has a fabulous reputation built around top quality DiBella coffee, delicious, wholesome, house cooked food and fast, friendly service. Selling 25kg coffee a week.

Sale

Price $189,000 + stock (approx $3,000) Dru Morgan 0418 185 484 [email protected]

Boutique Liquor Business Norhern NSW

If you have a passion for fine wines and excellent liquors then this well established boutique bottle shop could be for you.

The business is ideally suited to a person with a strong interest in boutique liquors. It has established a very strong reputation in the area for its excellent service and product knowledge.

The business currently shows sales of approx $600,000 pa and a net return to the owner of approx $150,000 pa.

The shop itself has an excellent fit-out in a prime location.

Full training can be offered to an incoming buyer.

Sale

Price $595,000 + stock (approx $65,000)




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Top 10s Galore

For Ray White Commercial GC South

Ray White Commercial GC South agents have collected a swag of perfect scores from clients in the latest Ray White customer satisfaction surveys.

Darren Jones and Assi Dadon both achieved multiple perfect scores while colleague Adam Grbcic also recorded a 10 out

of 10 report from a client.

As part of the Ray White customer experience strategy, feed-back is sought from clients in an email survey and agents are given a net promoter score (NPS).

The NPS is a simple metric that represents how likely a client would be to refer the agent to other people with a 10 the highest score possible and an indication the customer would be highly likely to recommend the agent.

“The customer satisfaction program is about putting the customer at the heart of everything we do, and measuring how well we are servicing our customers,” said Ray White Director and CEO Dan White.

“We are using the program as a part of our Ray White customer experience strategy because we know that great customer service is intrinsic to business growth and profitability.”

Darren Jones was acknowledged by the vendor following the sale of a Tweed Heads South property for his “very prompt service” and “wide knowledge”.

The vendor of a Murwillumbah property said after the sale that Assi Dadon achieved “the best possible price” and represented the seller to “the highest degree”, while Adam Grbcic was complimented for his “professionalism” by a happy Burleigh Heads client.

C O M M E R C I A L L E A S E S

R A Y W H I T E C O M M E R C I A L G C S O U T H


Bistro@Kurrawa

Broadbeach Site

Bistro@Kurrawa has secured premises in the heart of the bustling Broadbeach CBD on the Gold Coast.

The property at Lot 18-20/15 Victoria Avenue, Broadbeach, has been leased in a deal negotiated by Adam Grbcic of Ray

White Commercial GC South.

Mr Grbcic said Bistro@Kurrawa has taken up a long term lease of the property, which has an internal area of approximately 153 sqm including a 130 sqm licensed area.

“This new restaurant is sure to be a major draw card to the Victoria Square Precinct at Broadbeach,” he said.

“The operator has big plans for the site in the Broadbeach Mall and we have been working with them for several months to get all the approvals for the proposed works.”

Adam Grbcic said the Broadbeach Mall is situated in the heart of the iconic Broadbeach tourist and retail precinct and is close to Jupiter’s Casino and one of the largest shopping centres in the Southern Hemisphere, Pacific Fair.

“Broadbeach is the Gold Coast’s favourite retail/dining precinct and is an attractive tourist location for interstate and international travellers,” he said.

Bistro@Kurrawa has taken up a 5 + 5 + 5 + 5 + 5 year lease at a gross rental of approximately $180,000 per annum.

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Brand New Medical/ Office/ Retail Precinct Coming Soon!

Palm Beach 43 Palm Beach Avenue

A variety of tenancy sizes on offer. Early enquiries are encouraged to configure your desired tenancy to your specifications.

GROUND FLOOR Suite 1 : Leased Suite 2: 82m2 Suite 3: 88m2

FIRST FLOOR 458m2 Office Space Can be partitioned to suit your requirements

SECOND FLOOR: WHOLE LEVEL LEASED

29 secure basement parking spaces + ground level on-site.

Lease

From $450/sqm + outgoings + GST Size 82m2 + *

Tanaka Jabangwe 0449 048 779 [email protected]

Mark Jessen 0410 439 950 [email protected]

C O M M E R C I A L L E A S E S - P R O P E R T Y L E A S E D

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Jul-15 5/7 Brown Street Labrador 70 - $380,000 -

Jul-15 T1 56 Scarborough Street Southport 44 - $435,000 -

Jul-15 2 Grice Avenue Paradise Point 60 - $350,000 7.14%

Jul-15 Robina Quays Robina 66 - $315,000 -

Jul-15 2 Bell Place Mudgeeraba 3,650 8,013 $13,500,000 -

Aug-15 20-22 Scarborough Street Southport 113 - $630,000 7.94%

Aug-15 43 Hillcrest Parade Miami - 817 $865,000 8.78%

Sep-15 15-17 Park Avenue Burleigh Heads 731 8,210 $7,315,000 5.40%

Sep-15 14 Bruce Avenue Paradise Point 200 - $1,685,000 -

Sep-15 3-5 Cottonwood Place Oxenford 1,998 4,275 $9,600,000 7.10%

Oct-15 45 Lemana Lane Miami 481 581 $520,000 6.50%

Oct-15 8/172Scarborough Street Southport - 405 $1,650,000 -

Oct-15 141 Maudsland Road Oxenford 2,267 7,526 $8,920,000 7.20%

Nov-15 L42/ 5-11 Woodroffe Avenue Main Beach 209 - $2,800,000 7.28%

Date Address City Internal Area

Land in m2 Sale Price Yield

Source: Ray White Commercial

Retail

MARKET sta

ts

S o u t h e r n G o l d C o a s t & Tw e e d S h i r e

In our last edition of the Ray White Commercial GC South Magazine, we reported on commercial sales activity in theOfficeandIndustrialsectorsontheGoldCoast.

The sales data below is from the same period, but focuses on the Retail sale.

Gold Coast Retail Sales

MARKET

Gold Coast Office Market Overview

Vanessa RaderRay White Commercial

The vacancy position of the Gold Coast has been steadily improving over the past few years after the total market result peaked at 23.3% in July 2010 falling to its current low of 13.6% in January 2016 (OMR Jan-16). Some markets have fared better than others, with the best performer this period being Broadbeach recording vacancies of just 3.7% however Varsity Lakes/Robina have witnessed a dramatic drop in vacancies from 28.7% during January 2010 to its current low of 6.9%. Southport is home to approximately 150,000sqm of office stock has been steady over the past few years despite the disruption to the city with the light rail development; despite this completion this market has shown increase of vacancy to a three year high of 15.5%.

The Gold Coast rental market has shown some bright shoots with the total vacancy position improving over the last couple of years. Post GFC rents saw a significant decline as incentive levels grew to over 30% putting even more pressure on an already low effective rent position. As incentive levels improved so have effective rents keeping face rents reasonably stable until mid 2015. Over the last 12 months the prime net face rent grew by 2.24% while the secondary market has outperformed increasing by 3.17% as demand for affordable space continues. Incentives for prime stock are in the 20%-25% range with gross face rents averaging $365/sqm while secondary property remains affordable averaging $260/sqm.

Despite the low interest environment and improvement in the greater Gold Coast office market, interest in the strata office market has been limited. Transaction levels for 2015 are well down on 2014 results with $20.024 million changing hands across 49 transactions well spread across the region for the 2015 calendar year. Despite this limited turnover this period, the capital value position has shown favourable results during 2015. Source: Cityscope, PIMS, Ray White

Strata Capital Values By Precinct ($/sqm)

Current average values across the total Gold Coast market have shown some rebound to $3,330/sqm after dipping to the low of $2,640/sqm in 2012; this still well behind the highs achieved pre GFC which averaged $5,390/sqm. The Varsity Lakes/Robina market also resulted in an immediate fall in values post GFC falling from $5,280/sqm in 2008 to $4,440/sqm the following year, a stable value was achievable for this region the following years before falling more recently and now on the improve up 9.95% this year averaging $3,787/sqm. Southport too has shown good increase up 7.95% to $3,106/sqm; Surfers/Broadbeach and Burleigh/Coolangatta results are positive albeit off a small sample size recording $2,976/sqm and $3,013/sqm respectively.


Jared HodgePrincipal

+61 7 5535 0500 +61 404 809 580 [email protected]

Adam Roberts Commercial Sales/ Leasing

+61 7 5535 0500 +61 422 443 565 [email protected]

Nikki Murray E.A to Jared Hodge

+61 7 5535 0500 +61 487 406 549 [email protected]

Tara Imlach Commercial Administrator

+61 7 5535 0500

[email protected]

Adam GrbcicCommercial Sales/Leasing

+61 7 5535 0500 +61 404 087 772 [email protected]

GC South Team

Assi Dadon Commercial Sales & Leasing

+61 7 5535 0500 +61 415 598 588 [email protected]

Greg Watson Commercial Sales/ Leasing

+61 7 5535 0500 +61 417 757 442 [email protected]

Brendan Morgan Business Broker

+61 7 5535 0500 +61 411 410 099 [email protected]

Darren Jones Commercial Sales/Leasing

+61 7 5535 0500 +61 402 188 648 [email protected]

Dru Morgan Business & CommercialSales/ Leasing

+61 7 5535 0500 +61 418 185 484 [email protected]

Michelle JonesCommercial Administrator

+61 7 5535 0500

[email protected]

Tony GrbcicCommercial Sales/ Leasing

+61 7 5535 0500 +61 407 968 667 [email protected]

Neil JohnstonCommercial Sales/Leasing

+61 7 5535 0500 +61 411 988 998 [email protected]

Sandra DobsonCommercial Sales/Leasing

+61 7 5535 0500 +61 409 266 495 [email protected]

Tanaka JabangweCommercial Sales/Leasing

+61 7 5535 0500 +61 449 048 779 [email protected]

Rod Jessen Business & Commercial Sales/Leasing

+61 7 5535 0500 +61 424 196 010 [email protected]


Kingscli�

Murwillumbah

SurfersParadise

MermaidBeach

Southport

Palm Beach

CoolangattaTweed Heads

Casuarina

Pottsville

CabaritaBeach

Byron Bay

Burleigh Waters

Banora


Commercial GC South

Ray White CommercialP +7 5535 0500Level 1, 2 Classic Way, Burleigh Waters QLD, 4220

Ray White Burleigh Waters Ray White Palm BeachRay White Coolangatta/ Tweed HeadsRay White BanoraRay White Kingscliff/ Casuarina Ray White Cabarita Beach/ PottsvilleRay White Rural Murwillumbah

Delivering Excellence

Commercial GC South is part of the greater Ray White GC South Network

Commercial SalesCommercial LeasesCommercial Management

Business Brokers Gold CoastRay White Business Brokers P +7 5535 0500Level 1, 2 Classic Way, Burleigh Waters QLD, 4220

Ray White


Commercial Asset Management P +7 5535 [email protected] 1, 2 Classic Way, Burleigh Waters QLD, 4220

At Ray White Commercial GC South we pride ourselves on providing a higher level of service, or as we like to say, “Delivering Excellence”.Our Commercial Asset Management Team are experienced in all facets of Commercial Property Management, and manage everything from cafes and restaurants to industrial units and large retail centres.

We believe that to offer a truly comprehensive Commercial

Asset Management service, you need to know the market you

are dealing with.

Our team have lived and worked on the Gold & Tweed Coasts for many years and have developed a deep understanding of the area.

We take time to get to know each precinct, so we understand what type of business would suit best. We also take care in selecting the right tenant for you and your property.

Fionnagh BruceAsset Manager Assistant

+61 7 5535 0500 [email protected]

Elke RobertsonAsset Manager

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

Caroline Thompson Trust Account Manager

+61 7 5559 9700 [email protected]

Partner with Ray White Commercial GC South

Get the best of both worlds with local boutique service with the exposure and expertise of a larger business structure

The Prospect June 2016

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Transcript of The Prospect June 2016