COMMERCIAL INDUSTRIAL RETAIL PROPERTY 5th edition 2016
COMMERCIAL EDITORIAL
What will Newcastle Become? STEVE DICK Commercial Director
T
he last month has seen some tremendous announcements by the NSW Government that will have a lasting impact on the long term stability of Newcastle City. September saw the University of Newcastle enter into discussions with the Government about acquiring a further 2 ha of land in (3) parcels behind Wright Lane and along the rail corridor. On a Real Estate study tour of the USA’s west coast in 1996, I came back full of enthusiasm for the dormant potential Newcastle University offered this region if it linked itself to business and business development. At that time I offered the University the entire Warabrook Industrial Estate as an incubator site only to be met with; “We are a pure education facility we do not contaminate ourselves with links to business”. Time has marched on and our education facilities, as a nation, take on more and more of the look of the U.S.A style campuses, especially in regard to student debt. In the U.S.A, towns centre themselves on Universities and Colleges and in the cities, businesses centre themselves around the Universities and Colleges, the commerce created is enormous. However Newcastle requires a critical mass of faculties to make this succeed in the city centre and the additional land must be guaranteed unequivocally to the University. You see, all of the announcements by the Minister thus far are full of exit clauses “under investigation” – “explore the opportunities” – “developing the relationship”. With 2,000 to 3,000 apartments in the pipe line and NO demand from outside the region for more office space, the University is exactly what the city needs to be built on this land.
Port Kusadasi, Turkey
Another announcement concerned a cruise terminal. If you ever wondered what such a beast can do for a town take a look at the once sleepy coastal town of Kusadasi in Turkey. It’s port was developed in 2004 at a cost of EUR$24.3m it now hosts 648,000 visitors a year and if they were to spend just EUR$100 each that’s $64.8m to the economy day in day out, year on year. Then there’s the V8 Super cars that will expose our city to a wider and more varied audience than ever before. The economic numbers are all estimates as to what will be brought to the region however it’s the wider publicity that will be the ongoing and more tangible effect rather than the shot of cash race day brings. There are some things that are not going to plan and that is the NSW Government’s lack of support for manufacturing. I’ve just spent the weekend in Melbourne and “Made in Melbourne for Melbourne” and “made for Victoria by Victorians” hits you in the
H one
y s uc
k le D
r iv e
Site 3 6,478m2
Proposed Honeysuckle Campus Locations
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We may be getting a light rail but hell it would have been nice to see a sticker on the side “made in Newcastle for Newcastle”. Still the big winner on the real estate front is anyone looking to sell an investment property or even a vacant building close to the city. We recently sold a commercial investment property in Dick Street Newcastle for a 5.67% yield with (11) bidders – (10) of which are still looking to buy. Smaller buildings in the Wickham/Maryville area are also proving hot as people look for that elusive New York style warehouse to live in. There have been some large commercial lease moves a foot with the tax office filling up – the 1,650m2 floor plates proving popular but not to any new businesses just the usual shuffling of the decks as the bankers, insurers and NSW Government change places. Larger industrial leases are still scarce however there is quite a trade occurring in the stock up to 500m2.
Site 1 8,546m2 Site 2 5,880m2
face every time a new tram glides past. This message drives home the fact that the Victorian Government is fighting for jobs and are proud to do so. While in NSW the trams or light rail goes to Korea and our local bus plant is shut down only months after the current state government was elected for their first term with 250 local jobs going to Victoria.
The question at the start was “What will Newcastle Become?” – I’m not sure but what I am sure about is the injection into tourism and especially tourism infrastructure along with the promise (although shaky) to bring further University faculties into the city will change the town more than any misguided poorly orientated tram track. The Government giveths and the Government takeths! But after another trip to Melbourne I still like the mixed running tramways and strip shopping, lets hope the activation of the Hunter Street strip is truly what the NSW Government is chasing.
SALES & AUCTIONS OUR EXPERIENCE IS MORE THAN LOCAL AND EXTENDS PAST THE IVORY TOWERS OF THE CAPITAL CITIES AND INTO THE SUBURBS & TOWNS AROUND AUSTRALIA. THIRTY (30) OFFICES SPECIALISING FROM GRASS ROOTS BUSINESS INTO THE CORPORATE GIANTS – RAINE & HORNE COMMERCIAL IS PROVIDING SERVICE & ADVICE FROM THE COAL FACE.
The Raine & Horne Commercial
Our agents are skilled negotiators
Remember at Auctions purchasers bid
network extends internationally
trained in obtaining the highest
the price up NOT negotiate down as
with affiliates in the Asia / Pacific
possible price at all times. Auctions are in other forms of sale. When dealing
Region, Beijing, Hong Kong, 12
an important part of Raine & Horne
with Raine & Horne Commercial
offices in Malaysia, Japan, India &
Commercial Newcastle’s success.
Newcastle you are dealing with the
Fiji – Middle East Dubai and Israel
Auctions allow you to sell either
Top Commercial Office in NSW with
– Europe, Belgium, Austria, Czech
prior to the Auction, at the Auction or
its staff consistently receiving the
Republic, Hungary & Italy. Your
after the Auction. The concentrated
accolades and awards for the number
property may not need these National
marketing leading to the day of sale,
of and dollar value of sales.
or International Offices to sell but
the fact that purchasers need to be
it’s comforting to know that when
cashed up and ready and that the
you sell through Raine & Horne
contract of sale is prepared prior in
Commercial you are receiving the
terms that suit you make it a must to
combined experience of a National &
investigate when thinking of selling.
International network.
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WHOLE BUILDING 50% LEASED
CHARLESTOWN AUCTION Thurs 17th November 2016 1,330m2 (approx.)
Situated in the heart of Charlestown fronting the Pacific Highway and backing onto Charlestown Square this 1983 constructed building comes with; • Ground floor tenant paying only $108,000pa • Fully fitted out first floor • Lift (out of order) • New ground floor air conditioning
STEVE DICK 0425 302 771
[email protected]
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• (29) Basement secure carparks This is a very rare chance to acquire your own free standing building in a high class retail and commercial location.
COMMERCIAL BUILDING BEAUT LOCATION
RAYMOND TERRACE
Situated just metres from the Raymond Terrace Market Place
AUCTION
Shopping Centre, this brick building has;
Thurs 17th November 2016 691m (approx.) 2
• Excellent street parking front and rear • Air conditioning on street level • Partial fitout and carpet • It’s own loading dock with goods lift (out of order) • Short term tenant in the lower level
STEVE DICK
Location, Location, Location. This building has it and offers the
[email protected]
perfect way to acquire your own commercial space.
0425 302 771
5
VACANT BUILDING WITH DUAL STREET FRONTAGE
NEWCASTLE AUCTION
This building has the enviable trait of street frontage to both Darby Street and King Street in the heart of Newcastle’s CBD. • Currently setup as a medical centre & with existing use rights
Thurs 17th November 2016
• Approx. 468m2 building with 122m2 storage attic
468m2 (approx.)
• Roller door rear access off King Street The rear of the building could be converted back to allow for garaged parking. Located in the heart of the CBD opposite the
JASON MORRIS 0425 302 778
[email protected]
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Telstra & ATO buildings and just 100m from the new law court.
DOUBLE DIGIT YIELDING INVESTMENT
MT THORLEY AUCTION
Leased to Downer Blasting, this massive property has plenty of room as safety requires from such a facility. It includes;
Thurs 17th November 2016
• New (3) year lease
Land: 48,000m (approx.)
• (6) Separate buildings
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Building: 4,020m2 (approx.) Income: $350,000pa + OG’s + GST
• (3) Separate Torrens Titles • Recently renovated • Continuous occupation since January 2002
STEVE DICK
This property will certainly beat the banks interest rates by
[email protected]
a huge margin!
0425 302 771
7
BUY NOW EXPAND LATER
THORNTON FOR SALE 290m (approx.) 2
High clearance workshop situated on an under developed 1,529m2 block of land with; • Workshop of 290m2 + mezzanine storage • (2) Roller door access (4.8m high x 4.2m wide) • Glass and aluminium shopfront entry to reception • Great secured yard and concreted car parking • Potential to at least double existing building size (STCA)
PAUL TILDEN
This great little property has huge potential to expand as needed
[email protected]
which can be rare to find.
0425 302 772
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FOR SALE COMMERCIAL SUBURB
AREA m2
PRICE
Charlestown Maitland Raymond Terrace
1330 780 691
Public Auction: 17th November 2016 $975,000 + GST (if applicable) Public Auction: 17th November 2016
SUBURB East Maitland Newcastle Belmont North
AREA m2
PRICE
690 468 224
$425,000 + GST Public Auction: 17th November 2016 $1,500,000 + GST
INDUSTRIAL SUBURB Heatherbrae Rutherford Thornton Cardiff Beresfield Rutherford
AREA m2
PRICE
1944 1088 660 647 470 440
$3,250,000.00 $799,000 + GST $890,000 + GST $1,450,000 + GST $575,000 + GST $450,000 + GST
SUBURB Beresfield Beresfield Thornton Thornton Rutherford Rutherford
AREA m2 429 424 290 240 215 162
PRICE $575,000 + GST $575,000 + GST $540,000 + GST $425,000 + GST (if applic.) $245,000+GST $222,500 + GST
INVESTMENT SUBURB Lambton Heatherbrae Heatherbrae Charlestown
AREA m2
PRICE
SUBURB
AREA m2
PRICE
2854 2168 1944 1330
$5,850,000 (Sold as a going concern) $1,795,000 (+ GST if applicable) $3,250,000 (Sold as a going concern) Public Auction: 17th November 2016
Raymond Terrace Wallsend Thornton
691 440 240
Public Auction: 17th November 2016 $730,000 sold as a going concern $425,000 (+ GST if applicable)
PRICE
SUBURB
AREA m
Beresfield Beresfield Beresfield Thornton Beresfield Cessnock Rutherford Thornton Rutherford Thornton Rutherford Beresfield Cessnock Thornton Thornton Rutherford Beresfield Beresfield Maitland Maitland Raymond Terrace
5382 5330 5247 5240 4997 4908 4684 4315 4260 4260 4256 4042 3979 3310 3310 3142 3062 2789 1218 996 911
LAND SUBURB Beresfield Beresfield Beresfield Rutherford Thornton Rutherford Rutherford Beresfield Rutherford Thornton Beresfield Rutherford Beresfield Rutherford Beresfield Rutherford Cessnock Beresfield Thornton Beresfield Thornton Beresfield
AREA m
2
87695 39700 26200 25500 23400 20030 19370 18500 18140 15550 14600 13690 13100 11390 9040 8073 7691 6915 6540 6160 5640 5382
Starting from $460,000 + GST $3,970,000 + GST $2,418,000 + GST $2,550,000 + GST $1,700,000 + GST $1,600,000 + GST $1,937,000 + GST $2,050,000 + GST $1,630,000 + GST $650,000 + GST $1,740,000 + GST $1,232,000 + GST $1,356,000 + GST $1,080,000 + GST $1,266,000 + GST $730,000 + GST $769,000 + GST $935,000 + GST $620,000 + GST $1,078,000 + GST $505,000 + GST $1,707,000 + GST
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PRICE $849,000 + GST $906,000 + GST $813,000 + GST $565,000 + GST $725,000 + GST $580,000 + GST $433,000 + GST $625,000 + GST $385,000 + GST $475,000 + GST $319,000 + GST $728,000 + GST $438,000 + GST $480,000 + GST $480,000 + GST Design & Construct Packages Available
$505,000 + GST $460,000 + GST $175,000 + GST $139,000 + GST $399,000 + GST
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LEASING OUR STAFF OF 16 PEOPLE IN THE INDUSTRIAL & COMMERCIAL DEPARTMENT ARE ALL TRAINED TO UNDERSTAND YOUR PROPERTY NEEDS FROM BOTH THE LANDLORD AND TENANTS PERSPECTIVE. WE UNDERSTAND LEASES AND PROVIDE ADVICE TO SOLICITORS AND PROPERTY VALUERS THROUGHOUT NEWCASTLE AND THE HUNTER Raine&Horne Commercial The Raine & Horne Commercial National & International network is often called upon to assist on lease matters for business networks in other locations. This network provides timely, accurate and knowledgeable advice from locals in that sector. Our agents are skilled to work across all areas of the industrial, commercial and retail markets and as such have up to date access and market intelligence that will enable you as the landlord to
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negotiate with confidence and you as the tenant to be sure the property is right for your needs. The terms of a lease are many and varied and as most leases are measured in years the decisions you make at the front form the terms of the lease contract moving forward into the future. A (5+5) years lease means the contract could stay in effect until 2026. That’s a long way into the future and even longer if you get it wrong. Raine & Horne Commercial
Newcastle do more leases annually than anyone else in the network and as such there is not much we haven’t seen and assisted with. When dealing with Raine & Horne Commercial Newcastle you are dealing with one of the Top Commercial Offices in Australia and the Top Office in NSW with its staff consistently receiving the accolades and awards for the number of leases written annually.
BE PART OF THE REVITALISED COOKS HILL COMMERCIAL CENTRE
FROM THIS...
TO THIS
COOKS HILL
Close to the city & beaches, yet away from traffic congestion AVAILABLE IN 2017
FOR LEASE
Ground Floor - 72m2 Cafe/Food approved premises
From 72m2 (approx.)
- 233m2 Office
First Floor
- 172m2 Office
- 208m2 Office
- 1,150m2 Office
A new lift is being installed as part of existing engaged works. All
JASON MORRIS
suites include secure basement parking.
[email protected]
* All sizes are approximate. The final design of the CHCC is subject to change at the discretion of the land owner, or at the requirement of any authority.
0425 302 778
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SUPERB SMALL OFFICE
HAMILTON
• Central to everything in the heart of Beaumont Street
FOR LEASE
$11,440pa + OGs + GST 55m2 (approx.)
• Completely renovated, contemporary office in a Heritage locality • Future proof networking • Enabled for air conditioning • Private amenities
STEVE COX 0425 302 773
[email protected]
One inspection is all it will take
HIGH PROFILE COMMERCIAL SPACE
MAITLAND FOR LEASE 580m2 (approx.)
PAUL TILDEN 0425 302 772
[email protected]
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Open plan commercial space prominently located on the corner of High & Elgin Street and suitable for either retail or office use. Key features include: • Ducted air conditioning throughout • Open plan layout for easy fitout • Disabled friendly client and customer access • Great staff amenities • Strong room and excellent storage The building is positioned on the edge of the revamped “The Levee” which is Maitland’s popular Retail & Commercial precinct.
CAFE/OFFICE/RETAIL NEW!
MEREWETHER
Situated on street front level, this suite will suit;
FOR LEASE
• Cafe - With grease trap and exhausting
$33,000pa + OGs + GST 66m (approx.) 2
• Office - With its convenient onsite carpark and close to home • Beauty - what hairdressers wouldn’t love being in Merewether
STEVE DICK
• Retail - Broad glass frontage
[email protected]
THE POTENTIAL IS ENDLESS!
0425 302 771
CLEAN CRISP OFFICES
HAMILTON
Situated on the first floor, these (2) air conditioned suites can be
FOR LEASE
leased as one or separately. They feature;
112m2 & 121m2 (approx.)
• Quality neighbours - Dentist & Mortgage Broker • Shared amenities on the same level
STEVE DICK 0425 302 771
[email protected]
• Front and rear access Combined rent of: $65,3000 + OG’s + GST Separately: $34,000 + OG’s + GST
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IN THE THICK OF THE ACTION
HONEYSUCKLE
With access to grease traps and exhausting and a location along
FOR LEASE
side Subway and opposite Hogs Breathe Cafe it is in the thick of
$28,160pa + OGs + GST 51m2 (approx)
the action, however it also has; • Full glass frontage • A secure carpark
STEVE DICK
• Honeysuckle Drive exposure
[email protected]
medical users.
0425 302 771
This is a flexible property that will suit foodies, retail, office or
GROUND FLOOR OFFICE WITH 8 CAR PARKS
NEWCASTLE WEST
Ground floor & disabled compliant office, located just 500m from
FOR LEASE
the soon to be constructed rail interchange.
$80,000pa + OGs + GST
• (8) car parks included
365m2 (approx.)
• (4) separate office + boardroom
JASON MORRIS 0425 302 778
[email protected]
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• Air conditioned & data cabled Walking distance to Marketown Shopping Centre & just minutes drive to Newcastle CBD.
WAREHOUSE OFFICES & SHOWROOM
HEATHERBRAE
Modern industrial facility located within the Kinross Industrial
FOR LEASE
Estate. Key features of the property include;
$110,000pa + OGs + GST 1,296m2(approx.)
PAUL TILDEN 0425 302 772
• Warehouse/workshop of 904m2 (approx.) • Classy offices & showroom of 196m2 (approx.) • (3) x 4.8m high clearance roller doors • Excellent staff amenities
[email protected]
• Commercial shopfront entrance to showroom & offices
ALAN TONKS
This well positioned industrial area has great access to the Pacific
[email protected]
Highway and is only 20 minutes to the M1 Motorway.
0425 302 770
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FULLY SPRINKLERED WAREHOUSE
CARDIFF FOR LEASE
Located in Newcastle’s most geographically central employment zone close to workforce, this warehouse also includes: • Minimum warehouse height of (5.75) metres
$350,000pa + OGs + GST
• Generous office/showroom
3,748m2(approx.)
• Extensive on-site parking • Building can be expanded! • Land area: 8,698m2 (approx.)
ALAN TONKS
Move your distribution centre to the spot with the rental advantage.
[email protected]
CALL NOW FOR DETAILS!
0425 302 770
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LARGE MULTI PURPOSE FACILITY
THORNTON FOR LEASE
Traditionally this building has been used for manufacturing anything from concrete panels to mining equipment but because it is flexible enough to be used for any industrial purpose with it’s;
$490,000pa + OGs + GST
• 17,000m2 land size - it has yard, storage and room to move trucks
5,754m2(approx.)
• 9m eave height - it has volume for storage • (3) Cranes - allow for efficient internal product movement • 188m length - ideal for product lines
STEVE DICK
Close to all the Motorway and Highway links, this is a true multi
[email protected]
purpose facility!
0425 302 771
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HIGH CLEARANCE WORKSHOP
SANDGATE FOR LEASE $45,000pa + OGs + GST 580m2 (approx.)
PAUL TILDEN 0425 302 772
[email protected]
Located on the Northern side of Maitland Road in Sandgate, this handy position provides easy access to Newcastle’s Port & CBD. Features include; • High clearance automatic roller door • Air conditioned offices over two levels • Great staff amenities • Concreted truck loading area & parking • Pallet racking including
WAREHOUSE WITH DOCK & YARD
WARABROOK FOR LEASE $55,150pa + OGs + GST 598m2 (approx.)
STEVE DICK 0425 302 771
[email protected]
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This stand alone building has dual drive entries, (2) large roller doors along with; • Reception & office • Mezzanine meeting room • Lunchroom • Well distributed power • Onsite parking • High clearance
MULTI ACCESS WAREHOUSE
TOMAGO
This dual drive access facility is on the corner of Martin Drive and
FOR LEASE
Old Punt Road and allows excellent truck movements;
$48,000pa + OGs + GST
• (2) x large roller doors
648m2 (approx.)
• (1) x extra large sliding door
STEVE DICK 0425 302 771
[email protected]
• Office, lunch room & amenities A basic building with excellent clearance, access and power!
5 TONNE CRANE & A BIG DOOR
TOMAGO
Work 24/7 to your hearts content in this well set up manufacturing
FOR LEASE
facility that has;
$72,000 + OGs + GST
• 475amps power
1,012m2 (approx.)
• 5 Tonne overhead crane
STEVE DICK 0425 302 771
[email protected]
• Huge 6m high x 10m wide sliding door This was designed and built by an owner occupier so its very well appointed.
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WELL SET UP OFFICE/WAREHOUSE NT RE
D CE U D RE
WARNERS BAY FOR LEASE 240m2 (approx.)
JASON MORRIS 0425 302 778
[email protected]
This building was previously owner occupied by a building company and would be perfect for similar use by builders, electricians, plumbers etc. • High clearance roller door warehouse • Two levels of good quality office • Air conditioned & data cabled • Includes (4) on site carparks Owner will modify to suit different requirements
SMALL SHED BIG POWER
CARDIFF
• 3 Phase power on all walls
FOR LEASE
• Roller door and PA door access
$15,340 + OGs + GST
• Office space and private amenities
155m2 (approx.)
STEVE COX 0425 302 773
[email protected]
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• Secure complex If you have a small manufacturing business then this shed has to be on your shopping list.
MODERN INDUSTRIAL UNITS
GATESHEAD
• Choice of (4) industrial units!
FOR LEASE
From: $45,000pa + OGs + GST
• High clearance roller door access
397m2 (approx.)
• Great natural light
PAUL TILDEN 0425 302 772
[email protected]
• Can be customised to your requirements • Inspect today!
ALAN TONKS 0425 302 770
[email protected]
WAREHOUSE WITH SHOWROOM
CARDIFF
Easy access warehouse located on a corner block with;
FOR LEASE
• Clearspan warehouse of 645m 2 (approx.)
$65,000pa + OGs + GST
• Showroom/office area of 79m 2 (approx.)
724m (approx.) 2
JASON MORRIS 0425 302 778
[email protected]
• Air conditioned offices A clean & tidy warehouse & a negotiable landlord.
OWNER WILL NEGOTIATE TERMS
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FOR LEASE INDUSTRIAL
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SUBURB
AREA m
Tighes Hill
92
$15,000pa + OGs + GST
Bennetts Green
100
$12,500pa + OGs + GST
Cardiff
126
$14,040pa + OGs + GST
Cardiff
126
$14,040pa + OGs + GST
Cardiff
155
$15,340pa + OGs + GST
Thornton
170
$19,000pa + OGs + GST
Toronto
180
$15,600pa + OGs + GST
Thornton
180
$21,500pa + OGs + GST
Bennetts Green
192
From $23,000pa + OGs + GST
Merewether
218
$26,0000pa + OGs + GST
Tighes Hill
227
$29,000pa + OGs + GST
Warners Bay
240
$25,000 + OG’s + GST
Mayfield West
251
$26,000pa + OGS + GST
Rutherford
258
$32,000pa + OGs + GST
Thornton
268
$25,000pa + OGs + GST
Beresfield
273
$33,000pa + OGs + GST
Beresfield
310
$34,500pa + OGs + GST
Mayfield
325
$32,500pa + OGs + GST
Sandgate
580
From $45,000pa + OGs + GST
Warabrook
598
$55,150pa + OGs + GST
Rutherford
630
$49,000pa + OGs + GST
Tomago
648
$56,500pa + OGs + GST
Cardiff
724
$65,000 + OGs + GST
Rutherford
761
$59,000pa + OGs + GST
Beresfield
863
$70,000pa + OGs + GST
Rutherford
990
$79,000pa + OGs + GST
Rutherford
1000
$65,000pa + OGs + GST
Tomago
1012
$72,000pa + OGs + GST
Jesmond
1155
$69,500pa + OGs + GST
Beresfield
1155
$95,000 + OGs + GST
Beresfield
1155
$95,000pa + OGs + GST
Kurri Kurri
1260
$85,000pa + OGs + GST
Heatherbrae
1296
Contact Paul Tilden 0425 302 772
Rutherford
1620
$128,000pa + OGs + GST
Gateshead
1638
From $45,000 +OG’s + GST
Beresfield
2015
$175,000pa + OGs + GST
Rutherford
2630
$35,000pa + OGs + GST
Cardiff
3748
$350,000pa + OGs + GST
Thornton
5754
$490,000pa + OGs + GST
2
PRICE
FOR LEASE COMMERCIAL SUBURB
AREA m
2
PRICE + GST
SUBURB
AREA m
2
PRICE + GST
East Maitland
9
From $100 to $250pw + GST
Rutherford
220
$35,000pa + GST (Gross)
Newcastle
40
Spaces from $140 per week
Toronto
223
$39,025pa + OGs + GST
Newcastle
51
$13,000pa + OGs + GST
Cooks Hill
228
$32,000pa + OGs + GST
Newcastle
51
$28,160pa + OGs + GST
Belmont
228
$120,000pa + OGs + GST
Hamilton
55
$11,440pa + OGs + GST
Lambton
229
$41,200pa + OGs + GST
Raymond Terrace
62
$19,900pa + OGs + GST
Newcastle
232
$52,720pa + GST (Gross)
Merewether
66
$33,000pa + OGs + GST
Hamilton
233
$65,300pa + OGs + GST
Heatherbrae
76
$45,000pa + OGs + GST
Charlestown
237
$63,000pa + OGs + GST
Wickham
90
$15,600pa + GST (Gross)
Maitland
246
$49,500pa + OGs + GST
Maitland
90
$29,500pa + OGs + GST
Kurri Kurri
246
$49,000pa + OGs + GST
Warners Bay
94
$21,957pa + OGs + GST
Warners Bay
248
$57,017pa + OGs + GST
Warners Bay
96
$22,103pa + OGs + GST
Maitland
250
$33,000pa + OGs + GST
Warners Bay
96
$22,149pa + OGs + GST
Newcastle
253
$48,300pa + GST (Gross)
Warners Bay
99
$22,655pa + OGs + GST
Newcastle
256
$51,200pa + OGs + GST
Warners Bay
92
$22,655pa + OGs + GST
Newcastle
260
$75,690pa + OGs + GST
Toronto
106
$18,550pa + OGs + GST
Cooks Hill
269
$52,500pa + OGs + GST
Newcastle West
107
$19,000pa + OGs + GST
Charlestown
275
Contact Jason Morris 0425 302 778
Green Hills
111
$21,000pa + OGs + GST
Newcastle West
280
$30,000pa + OGs + GST
Newcastle
117
$36,270pa + OGs + GST
Cooks Hill
301
$43,500pa + OGs + GST
Lorn
120
$19,000pa + OGs + GST
Newcastle
310
$96,100pa + OGs + GST
Hamilton
121
$34,000pa + OGs + GST
Cooks Hill
336
$55,000pa + OGs + GST
Belmont
125
$15,340pa + GST (Gross)
Cooks Hill
340
$53,000pa + OG’s + GST
Warners Bay
135
$29,500pa + OGs + GST
Newcastle
341
$89,000pa + OGs + GST
Wickham
148
$29,000pa + OGs + GST
Lambton
355
$67,450pa + OGs+ GST
Heatherbrae
153
$125,000pa + OGs + GST
Raymond Terrace
360
$45,000pa + OGs + GST
Green Hills
157
$29,000pa + OGs + GST
Newcastle West
365
$80,000pa + OGs + GST
Newcastle West
160
$40,000pa + OGs + GST
Newcastle
370
$120,250pa + GST (Gross)
Cooks Hill
164
$52,000pa + GST (Gross)
Wickham
380
$66,500pa + OGs + GST
Newcastle
166
From $46,480pa + GST (Gross)
Maitland
540
$69,500pa + OGs + GST
Newcastle
170
$40,800pa + GST (Gross)
Rutherford
547
$75,000pa + OGs + GST
Newcastle
185
Contact Jason Morris 0425 302 778
Maitland
580
$155,000pa + OGs + GST
Warners Bay
186
$42,780pa + OGs + GST
East Maitland
600
$150,000pa + OGs + GST
East Maitland
192
$34,500pa + OGs + GST
Raymond Terrace
663
$133,000pa + OGs + GST
Newcastle
193
$59,830pa + OGs + GST
East Maitland
690
From $38,750pa + OGs + GST
Warners Bay
133
$33,200pa + OGs + GST
Newcastle
697
$174,000pa + OGs + GST
Warners Bay
196
$45,195pa + OGs + GST
Newcastle
725
$174,000pa + OGs + GST
Broadmeadow
199
$80,000pa + OGs + GST
Warners Bay
790
$118,500pa + GST (Gross)
1049
$120,000pa + OGs + GST
1370
By Negotiation
Newcastle
200
$48,000pa + GST (Gross)
Redhead
Cooks Hill
208
$52,000pa + OGs + GST
Maitland
23
BUSINESS BROKERAGE Why use a Business Broker to sell your Business?
This is one of the most important decisions
Brokers can instill more confidence in the
We insist upon a tried and tested
of many business owners lives, when to
data and can also introduce appropriate
confidentiality agreement being completed
sell and how much is a good price? How
qualified specialists like financiers and
and we are proud to vigorously enforce it
will I find a buyer? How do I negotiate from
solicitors, who can help a deal get across
through the courts if we need to.
a position of strength?
How do I trust
the line. Privacy and market sensitivities
this buyer who wants all my financials?
are very commonly the biggest concerns
What happens if the buyer leaves the
for sellers.
negotiation and has all my information…. How can I be protected?
There are procedures and processes that brokers use to deal with “Tyre Kickers” and to handle market sensitive information with discretion and have formal, enforceable confidentiality agreements signed. Brokers also have the ability of being able to put a business to market, almost anonymously. We are often asked to discretely contact sellers and to discretely list a business
The prime reason is that brokers often
for sale. That is to list a business without
have the best buyers in the market, we
letting the competition or the business’s
have lists of buyers watching what comes
clients know exactly who it is for sale.
to market and hoping they get notified first.
Brokers have strategies for dealing with all
Selling your business can be an easily managed,
emotionally
and
through the best business broker. Use Wilsons, we’ve been successfully selling businesses in Newcastle and the Hunter Valley since 1939.
of these circumstances including dealing It is also crucial in any sales negotiation
with staff questions and client concerns.
to have options for the seller. That is to
This can all be done without absorbing any
have more than one buyer at the table.
unnecessary time from the owner.
This provides a level of urgency for the buyers as well as momentum to build the
Wilsons brokers uses a specific process of
price bidding. The buyer has to rely on
scrutinising buyers and vetting enquiries
the information provided. Using a broker,
to make sure information is only let out to
adds a layer of confidence to investors.
genuine parties and that the information is
They know that information is presented
delivered in a measured and confidential
in a standardised format. They also know
way. Only the serious buyers get access
that the business will very likely be priced
to the nitty gritty information.
in line with the current market.
24
financially
rewarding experience if it’s done right,
Craig Lowth holds a degree in Economics and Finance and had a long career in business and commercial banking, as well as working in small business in the accommodation industry. Craig has had exposure to a very broad range of businesses and has wide networks in finance, business and accounting sectors.
WALK IN AND TAKE OVER
DUAL INCOME, GREAT POSITION, RUN AT ARMS LENGTH
nothing to do except start deliveries. – Fantastic opportunity to walk into this fully independently owned wholesale distribution business. Simply take the orders and make the deliveries. The business has been operating in a niche market since 1999 and has a very strong local brand name and very loyal clients. The business is very well organised, orders are phoned and emailed in and then distributed from a small local warehouse. Local Newcastle / Warners Bay /Port Stephens area – but could be easily expanded at the whim of the new owner. The business employs one delivery driver 3 days a week and the owner works only 4 days per week for great financial returns. Be quick as the first to inspect will buy this gem.
Café and car detail service in busy suburban shopping centre. This café is in the prime location at the main entrance to the centre with rent/lease terms much friendlier than a corporate owned centre. The new purpose built car wash is a full detailing facility, fully powered including state of the art water salvage and recycling system along with a lockable office and storage shed. With stable weekly income, easily run at arm’s length this well positioned Café & Car Wash is a great opportunity to buy a dual income stream business in a great location.
Price $110,000 + Stock Phone 4962 3388 wilsons.com.au
Price $300,000 + Stock Phone 4962 3388 wilsons.com.au
GREAT HOURS, GREAT REWARDS…
PETS & SUPPLIES
Mechanics – Act quickly, this mobile mechanics service van with a stable niche client base will be snapped up in no time. This business has been running to a similar format for over 12 years and has a fantastic reputation amongst a loyal client base with a firmly booked diary of upcoming work. Fantastic returns, currently operating four days per week, offering great work-life balance with no weekend work and Friday afternoons free for you to enjoy, with open opportunity to grow the business by working more hours as you determine. Don’t let this one be the one that could have changed your life.
This is the Hunter Region’s largest independent pet store with annual sales in excess of $1.4M. Established for over 10 years, it has a database of over 6,000 loyal and returning customers. Set on 600m² of floor space it stocks all pet owners needs including livestock, feed, housing, toys and pet care products. Destination business with onsite parking and ample storage. Ready to be taken to the next level by an owner with passion for retail and animals.
Price $120,000 WIWO Phone 4962 3388 wilsons.com.au
Price $140,000 + Stock Phone 4962 3388 wilsons.com.au
Wilsons Brokers does not guarantee, warrant or represent that the information contained in this document is correct. Any interested parties should undertake their own enquiries as to the accuracy of the information. Wilsons Brokers excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damage arising there from.
25
PROPERTY MANAGEMENT
our agents understand the complex relationships involved in the commercial sector. we know how to navigate hurdles and best manage the property Raine&Horne Commercial are experienced asset managers. We’re always working to ensure the lessor’s interest in their property is protected, including taking care of important tasks like maintaining the fabric of the building, enhancing the tenancy profile and maximising capital value.
26
Although property may be peripheral to the principal concerns of some organisations or private investors, they should still aim to optimise the liquidity and value of the properties they own. We pride ourselves on ‘proactive asset management’ - utilising our knowledge, experience and skills to boost your property’s overall performance and income streams.
This may take many forms, including energy and lighting assessments, reconciliation of outgoings, renegotiation of competitive service contracts, internal relocation of incumbent tenants to create larger contiguous space opportunities, through to recognising and capturing revenues from signage rights, mobile phone antennae and other sources of income.
COMMERCIAL PROPERTY MANAGEMENT INVESTING IN COMMERCIAL &INDUSTRIAL PROPERTY
DOUG FA R R
AAPI
COMMERCIAL PROPERTY MANAGER
TH E N EED FO R A
SINKING FUND We are again at that stage in the cycle where there is very strong demand by Investors wanting to invest in property as opposed to the stock market. Rates of return are shortening on Commercial and Industrial property which generally offers a better rate of return than residential Investments due to the increased risk factor. Some of these Investors are making the cardinal mistake of not making provision for a sinking fund in their budgets. A prudent investor makes allowance for a sinking fund to reinvest in the asset which in the long run maintains the assets worth in the market place. In this rapidly changing world it is imperative to maintain and upgrade investment properties wherever possible. Some types of reinvestment are as follows 1) Upgrading of lighting to LED All new developments are required to have state of the art LED technology and smart lighting automation to minimise Energy wastage. The New South Wales government has enacted the Energy Savings Scheme which provides financial incentives to implement Energy Savings projects which reduce energy bills and help the environment. To find out more about this scheme and see the qualification criteria go to www.ess.nsw.gov.au
There are some case studies showing the costs and savings which are available through this scheme. The type of lighting in buildings will become one of the key factors in the decision making process of selecting a property to lease as the savings with LED lighting are quite significant. This applies to both Commercial office space and Industrial buildings 2) Upgrading of Industrial Roller Doors In recent years we have upgraded a number of roller doors by installing such improvements as wind locks which strengthens the doors and prevents them from being blown in which has happened in some cases in recent severe storm conditions.
This has allowed us to increase the monthly car parking charges for the secure car parks as well as provide a better outcome for the tenants parking in the car park. Security is becoming a critical factor in the decision making process in selection of suitable premises for companies and organisations. There are many more types of reinvestment in income producing properties which are easily facilitated by the implementation of a sinking fund with contributions on a regular basis.
As climate change continues the severity of the storms are predicted to intensify. Some landlords have followed our recommendations to install motors on manual roller doors which is more attractive to prospective tenants and may encourage existing tenants to renew their leases over the premises. The majority of new roller doors are motorised and this upgrade helps older buildings compete in the marketplace 3) Improving the Security of Properties One of our landlords has recently installed security gates with access controllers to a city Office carpark.
27
&
L SO
D
&
L SO
D
Cardiff - $250,000
&L
E
ED S A
THORNTON - $415,000
&
L SO
D
Charlestown - $305,000pa
&
L SO
D
THORNTON - $540,000
&
L SO
D
MAYFIELD - $354,000
&
L SO
D
TORONTO - $3,500,000
&
L SO
D
SANDGATE - $335,000
&L
E
ED S A
WALLSEND - $570,000
& SANDGATE - $110,000 pa
L SO
D WICKHAM $800,000
SALE DISCLAIMER: The information contained in this publication has been passed on or obtained by the individual agents of properties and businesses listed in this publication from the vendors or the vendors’ advisors. We have not verified whether or not that information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate. LEASE DISCLAIMER: The particulars set out in the advertisements contained within this publication are a general outline only for guidance of lessees and do not constitute an offer or a contract. All descriptions dimensions, references to conditions and necessary permissions for use and occupation and other details are given in good faith and we believe to be correct but any intending tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employ of the agents advertising in this publication have any authority to make or give any representation or warranty whatsoever in relation to the property concerned.
4915 3000 • rhplus.com.au • 480-482 Hunter Street NEWCASTLE NSW 2300