Issue 25 | The Property Development Review

Exclusive Feature Interviews, Market Moves, National Development Site Listings

E

Women in Property & Business: Susan Alberti AC Charlotte Vidor AM

The Interview: Bill Bowness AO Rob Morrison

Around The Country: Market Moves National Site Listings

Why leading developers use DevelopmentReady

Our acquisitions team regularly scour DevelopmentReady in search of suitable on-market opportunities across Australia – the platform has also become an essential industry tool for us to ensure we’re informed of the latest market moves.

Tim Gurner Founder-Gurner

DevelopmentReady is a critical platform for our team for sourcing applicable development site opportunities across Melbourne & Sydney – Fortis regularly utilise DevelopmentReady to keep up-to-date and enquire on the latest sites for sale as well to stay informed of industry news.

Charles Mellick Director-Fortis

I have found DevelopmentReady a very useful resource that allows me to learn about new development site opportunities and our whole team enjoys “The Interview” series that allows us to hear directly from industry and business experts in their field. I have and will continue to recommend DevelopmentReady to others in the property industry.

Tim Kelly National Acquisitions Director-HB Land

DevelopmentReady is an excellent platform and valuable resource hub. It’s not surprising to see the site’s exponential growth as it continues to attract a highly active and engaged audience. We look forward to continuing to utilise the site in the future.

Marco Gattino Founder-Goldfields Group

Inside Issue #25

From the CEO

Welcome to the August/September Issue of The PropertyDevelopment Review.

Women in Property: Susan Alberti AC Business Leader 06

Our new issue includes a selection of brilliant interviews from business and property industry experts. In addition, we feature the latest development sites for sale plus a summary of recently transacted commercial property Australia-wide. What a month it has been in the sales arena! In a COVID disturbed environment, three top-end key transactions caught my eye during July. A partnership between Mirvac and M&G Real Estate secured 50% of Sydney’s EY Centre fromAMP for $575 million; the largest office deal of the year so far. In Narre Warren South, Victoria, a joint venture between the Haben Property Fund and the JY Group have acquired the Casey Central town centre fromM&G Investments for $225 million and in WA, Dexus purchased a 49% share of Woodside Energy’s Perth headquarters for $339 million. These large trades signify a continuing solid underlying demand and optimism for high-end commercial assets. Women inProperty&Business To launch our new series, Rob Langton together with Tamara Gross interview two inspirational, high achieving, business leaders, SusanAlberti AC and Charlotte Vidor AM , Co-Founder of the Toga Group – both remarkable individuals. The Interviews In his first ever interview, we are delighted to present an interview with noted founder of the Wilbow Group, Bill Bowness AO . In addition we also feature RobMorrison, Founding Partner of Barwon Investment Partners. Each interviewee provides an astute and insightful understanding of their respective field – genuinely interesting listerning.

Co-Founder Toga Group 07

Women in Property: Charlotte Vidor AM

The Interview: Bill Bowness AO Founder Wilbow Group 27 The Interview: Rob Morrison Founding Partner Barwon Investment 62

08 NSW: 28 VIC: 39 QLD: 67 WA: 63 SA:

Property Listings

Enjoy this issue and importantly keep well.

Property Listings

Property Listings

Nick Materia, CEO, Ready Media Group

Property Listings

On The Cover Architectural Photography by Joshua Fuller via Unsplash Editor in Chief Frank Materia, frank@readymedia.com.au

Design & Direction Nespecart Advertising Enquiries Ted Lloyd ted@readymedia.com.au Editorial Enquiries editor@readymedia.com.au

Contact TPDR Ready Media Group Level 1,

167-169 Buckhurst Street, South Melbourne VIC 3205 Tel. 03 9631 5476 info@readymedia.com.au

Property Listings

Artist Impression

02

The Property Development Review

OF F I CE S F OR L E A S E

Artist Impression

Artist Impression

Artist Impression

Contact us for more information or to arrange a visit to our on-site Display Tenancy:

Join Melbourne’s elite businesses at 627 Chapel St. Offering fitted or non-fitted offices from 500m 2 Onsite amenity inc: co-working provider, business lounge for tenants use, bar, cafés, restaurant, rooftop, .

Move in late 2021

Joshua Tebb 0414 755 881 Matt Brown-Greaves 0417 346 029

Travis Myerscough 0421 442 204 Matt Cosgrave 0409 511 684

Developed by

6 2 7 CH A P E L S T . COM . AU

03

Market Moves: Around the Country

NATIONAL

DESCRIPTION

VENDOR / PURCHASER AGENCY

SALE PRICE

V: Mirvac and NRMA / P: Joint venture involving Salter Brothers, Singaporean sovereign wealth fund GIC, and leading private markets investment firmPartners Group

Across Sydney, Melbourne, Brisbane, Perth and Newcastle

Portfolio of 11 Travelodge hotels

SamMcVay McVay Real Estate

$620 million

21 of the asset are located in regional locations, with the stations spread across all mainland states

V: Waypoint REIT (WPR) P: Fawkner Property Trusts

Portfolio of 31 service stations

In-house

$113.9 million

NSW

DESCRIPTION

VENDOR / PURCHASER AGENCY

SALE PRICE

V: AMP P: Mirvac and M&G Real Estate

Deal for 50%. 33-storey building with 38,650sqm of NLA 12.4-hectare parcel to bedeveloped into 300MW capacity data centre 46,800sqm infill industrial investment leased to five different tenants. 13-storey B-grade office building 3-storey, vacant commercial building

Cushman & Wakefield and Savills

Sydney’s EY Centre

$575 million

V: CSR P: NextDC

CBRE’s Cameron Grier and Jason Edge Colliers’s Gavin Bishop, Sean Thomson, Paul McGlynn, and Matthew Flynn

Horsley Park

$124 million

V: Private Investor P: Leda Holdings

North Rocks

$57 million

V: Linfield Developments P: Local investor

815 Pacific Highway, Chatswood

Colliers

$56 million

PropertyFox’s Tom Ovenden and Tim Fox Savills Australia’s Steven Lerche and Andrew Palmer CBRE’s Janet Joljian and Elijah Shakir

Between $11 and $12 million

111 Parramatta Road, Concord

PropertyFox

1,282sqm building on 3,952sqm landholding

Bathurst Dan Murphy's

Private

$11.187 million

34-38 Lisbon Street, Fairfield East

7,147sqm site featuring two buildings totalling 6,359sqm

V: Good Kitchen & Bathroom P: Private investor

$9.625 million

259/261-263 Parramatta Road, Parramatta Part of the Lakeside Plaza Shopping Centre complex, Byford

2,655sqm freestanding warehouse and office building Multi-tenanted investment anchored by 10-year leases to IGA Supermarket and Bottle-O Liquor Store One line sale of four strata titled units; tenanted with flexible terms 461.4sqm vacant parcel of land 17 recently renovated and ensuited accommodation rooms, 6 GMEs Main Bar, 21 Poker Machines, Café, Beer Garden, 16 Hotel Rooms and a Managers Residence

P: Local furniture company CBRE’s Robert Dowdy

$8.5 million

V: Private local developer P: Private Sydney investor

Ray White Commercial’s Michael Milne

$5.1 million

CBRE’s Brendan Wein, Matthew Alessi and John Micallef Savills Australia’s Sam Wallace. JLL’s Ben McDonald and Kate MacDonald with Moore & Moore’s Deane Moore Savills Australia’s Nick Lower, Selin Ince and Leon Alaban

72 Kurrajong Avenue, Mt Druitt

P: Private purchaser

$3.2 million

V: Fametell Pty Ltd P: K and T Properties Pty Ltd

2 Erith Street, Botany

$1.35 million

V: Mike Angus P: Local investor

The Grand Hotel, Newcastle

Undisclosed

The Courthouse Hotel, Murwillumbah

A confidential and selective off-market sales process

$6 million

QLD

DESCRIPTION

VENDOR/PURCHASER AGENCY

SALE PRICE

V: Evans Long P: Home Consortium (HomeCo)

CBRE’s Michael Hedger, Joe Tynan, Mark Witheriff and Peter Chapple

Unbuilt eight-level Proxima building

16 Nexus Way, Southport

$80 million

Woolworths anchored centre was built in 2014 by the local Hughes family. 1,500sqm site set for luxury high rise residential development Enclosed mall featuring Woolworths supermarket, discount variety mini-major and 10 specialties

Drayton Central Shopping Centre, Toowoomba

Savills Australia’s Peter Tyson and Jon Tyson

P: SCA Property Group

$34.34 million

Cnr of Garfield Terrace and Enderley Avenue, Surfers Paradise

CBRE’s Mark Witheriff and Rem Rafter

P: Sydney based developer

$30 million

V: An offshore investor P: Ganellen Asset Management

Savills Australia’s Peter Tyson and Jon Tyson

Kallangur Fair Shopping Centre

$22.45 million

Woolworths Supermarket, Mount Isa

4,441sqm standalone supermarket

Savills Australia’s Peter Tyson and Jon Tyson

Private

$16.91 million

Development approved, childcare centre site

P: Private boutique childcare operator

Ray White Commercial’s Jose Rojas

11-15 Querrin Street, Yeronga

$3 million

47.7 Ha site set to become the newest lifestyle epicentre of the northern Gold Coast

V: Queensland Investment Corporation (QIC) / P: JV; Keylin and Kinstone Group

$30 million plus

Coomera Town Centre South

CBRE and Colliers

04

The Property Development Review SALE P ICE

DESCRIPTION

VENDOR / PURCHASER AGENCY

VIC

V: M&G Investments P: JV of Haben Property Fund & The JY Group

Casey Central town centre, Narre Warren South

Triple supermarket and discount department store town centre

Colliers’ Lachlan MacGillivray

$225 million

$150 million (ranging from $5 - $60 milllion)

Core Projects' Kane Malcomson, Chris Jabs, and Trent Malcomson

Seven greenfield development sites

Rockbank, Beveridge, Melton, Epping, Wollert…

P: Differing development groups

266 hectare parcel; 1/3 will allow for 700 dwellings, 2/3 utilised for rural conservation Berwick, Reservoir, Boronia and Ballarat 12.28 Ha vacant site allows for 15 dwellings per net developable hectare Multi-store convenience complex; Shell Service Station, Coles Express, Hungry Jacks and Red Rooster 4.7 hectare development site; set for 80 villa units, 110 apartments and 60-bed aged care complex 8 floors, strata titled, with Japanese restaurant Kisumé taking up the lower 3 levels 1980s Melbourne headquarters of Atari Mixed-use zoning allowing for multi-level residential / commercial development

Biggin & Scott Land’s Frank Nagle, Andrew Egan and Callum Williamson

189 Ross Watt Road, Gisborne

P: ID Land

$100 million

Four Victorian hotel leaseholds

V: Zagame Group P: IPR Hotels P: Local residential developer

In-house

$99 million

CBRE’s David Minty, Nathan Mufale and JJ Heng

Lot 1, Rix Road, Officer

$43 million

62 Cook Street, Port Melbourne

Dawkins Occhiuto’s Chris Jones

Private

$32.12 million

Colliers’ Shalain Singh, Hamish Burgess, Joe Kairouz and Chris O’Driscoll Colliers’ Daniel Wolman, Oliver Hay and Leon Ma with Killen Thomas’ John Camilleri

62-94 Jacksons Road, Mulgrave

P: Ryman Healthcare

$30.08 million

V: Helen Sykes P: Local private investor group

175 Flinders Lane, Melbourne

$25 million

1076 Centre Road, Oakleigh South

V: Glasskote P: Sector Property Group

CBRE’s Bryce Pane and Lachlan Ferguson

$24.25 million

390 Burwood Highway, Wantirna South

CVA’s Daniel Philip and Ian Angelico

P: Interstate purchaser

$13.3 million

50-52 McCrae Street, Dandenong

V: Phileo Australia P: Pelligra Group

Former Ramada Encore Hotel

CBRE’s Scott Callow

$10.5 million

992sqm land parcel with 17.5m frontage to the Ocean Beach Road retail strip 6,774sqm landholding, underpinned by 10-year lease to Spotlight and 3 boutique shops

141-147 Ocean Beach Road, Sorrento

Savills Australia’s Benson Zhou and Julian Heatherich $4.85 million

P: A local investor

V: Castlerock P: First time Chinese investor

Stonebridge’s Rorey James, Justin Dowers, Kevin Tong and Nic Hage Savills Australia’s Julian Heatherich and Benson Zhou

$4.55 million

Spotlight Plaza, Sale

20 Lower Heidelberg Road, Ivanhoe

Corner land parcel of 1,350sqm; set for luxury boutique residential project

V: Local resident P: Local developer

$3.557 million

Unit 1, 48 National Drive, Truganina

V: Local developer P: Local investor

An off the plan land site

CVA’s Leo Mancino

$2.9 million

13-15 Mahon Street, Beaconsfield

Savills Australia’s Benson Zhou and Julian Heatherich Undisclosed

6,849sqm townhouse site

P: A local builder

Core Projects’ Kane Malcomson, Chris Jabs, and Trent Malcomson

305 Harvest Home Road, Epping

2.245 Ha permit approved townhouse development site

P: Australian based private developer

Undisclosed

WA

DESCRIPTION

VENDOR / PURCHASER AGENCY

SALE PRICE

49% of Woodside Energy’s Perth headquarters

V: Malaysia’s AAIG P: Dexus

98 Mounts Bay Road, Perth

Off-market

$339 million

Savills Australia’s Matthew Hopkins, Michael Wall and Michael Fenton Ray White Commercial’s Brett Wilkins, Stephen Harrison and Josh Sumner Ray White Commercial’s Brett Wilkins, Stephen Harrison and Josh Sumner Ray White Commercial’s Martin Vogt and Lachlan Burrows

59-87 Pilbara Street, Welshpool

Multi tenanted industrial estate in the heart of the Welshpool industrial area

V: APIL Group P: Arrow Capital Partners

$23.3 million

4,289sqm medical centre comprising of seven medical and health practices

P: Real Asset Management Group

210 Wanneroo Road, Madeley

$9.7 million

278-280 Great Eastern Highway, Midland

Medical centre with 10-year lease to Swan Medical Group

P: Real Asset Management Group

$7.78 million

Industrial property tenanted by pest- control company Rentokil

4 Aitken Way, Kewdale

Private

$3.05 million

DESCRIPTION

VENDOR / PURCHASER AGENCY

SALE PRICE

SA

Part of a three-centre Makris Group portfolio sale program

V: Makris Group P: Antunes Group

Hallett Cove Shopping Centre

CBRE’s Simon Rooney

$71 million

City Cross Shopping Centre in Rundle Mall North Adelaide Village and an adjoining site at 85-87 O’Connell Street

Part of a three-centre Makris Group portfolio sale program

V: Makris Group P: Revelop

CBRE’s Simon Rooney

$60 million

V: Makris Group P: Greenpool Capital, with backing from Qualitas

Part of a three-centre Makris Group portfolio sale program

CBRE’s Simon Rooney

$50 million

ACT

DESCRIPTION

VENDOR / PURCHASER AGENCY

SALE PRICE

Colliers’ Paul Powderly and MatthewWinter in conjunction with JLL’s Tim Mutton and Luke Billiau

Scarborough House; 14-level A-grade office offers 16,755sqm of NLA

V: Centuria P: Sentinel

8 Atlantic Street, Phillip

$83 million

05

Women in Property & Business

Susan Alberti AC Business Leader

Susanwas the co-founder andmanaging director of DANSU, a highly renowned industrial and commercial

builder/developer of industrial estates and business parks.

Over the journey she has extended her successful business career with numerous major community contributions and commitments, specifically to juvenile diabetes research and womens participation in sport. Her giving nature and charitable endevours have been well recognised with numerous awards including the Member of the Order of Australia. Susan’s love of AFL and especially her much-adored Western Bulldogs evolved into her taking up the role of club Vice President. Additionally she was appointed as the inaugural ambassador for the Australian Football League's national women's competition in 2017.

This is a great interview with a truly prodigious individual.

Watch the full interviewwithRob Langton and Tamara Gross now.

Scan to watch The Interview

25'

Click play to watch The Interview with Susan Alberti AC in full.

06

Women in Property & Business

The Property Development Review

Charlotte Vidor AM Co-Founder Toga Group

Charlotte Vidor AMandher husband ErvinVidor AM founded the Toga Group in 1963. Today Toga is one of the largest fully integrated property development companies in Australia, undertaking the development of medium to high density residential, commercial, hotel and retail projects. The group’s 2013 joint venture with Far East Hospitality created TFE Hotels, now one of the major hospitality management providers in Australia, operating around 80 hotels with in excess of 10,000 rooms across seven brands. Charlotte’s pioneering journey is truly inspiring. Listen to the full interviewwithRob Langton and Tamara Gross now.

Scan to listen to The Interview

25'

Click play to listen to The Interview with Charlotte Vidor AM in full.

07

NSW Lis t ings

08

Property Listings

NSW

The Property Development Review

Freehold caravan park or land lease development opportunity

Auction

Outlines indicative only

Peter Macadam 0402 074 159 Mark Yazbeck 0408 795 257

4296 & 4300 Nelson Bay Road, Anna Bay (Newcastle, NSW) For Sale by Public Auction, Thursday 9 September 2021 at 10.30am

Established business operation

Excellent holiday destination

Gross turnover in excess of $500,000 pa*

Development consent approval for 70 LTS

Site area 19,147sqm*

colliers.com.au/p-AUS66013957

*Approx

09

DevelopmentReady - Podcast

Colliers Previews Qantas Mascot Portfolio ReadyMediaGroup’s RobLangton speaks withColliers' DirectorsMichael Crombie, GavinBishop andDwightHillier about the Qantas Investment &LandPortfolio that has recentlyhit themarket. The opportunity presents a once ina lifetime investment and development. century portfolio, we essentially have four property offerings, all adjoining Qantas drive right next to Sydney Airport. A pretty rare institutional grade Investment and Development offering, we haven't seen anything near this scale in South Sydney,

Michael Crombie: Thanks Rob. I think shifting land use is the most interesting one, where we see in green square there was talk about green square for a long time, it's finally evolved and it's really come to its own. Now that residential has really come in, the new younger workforce in the area is bought in a lot more retail and amenity. So now we're starting to see a real influx for the higher and better use of commercial developments. So from green square, and also especially in particular around mascot station precinct there a lot of sites, a lot of occupiers coming down here saying well, my commercial development in my end use play can be 50% of that of the CBD, so it's really come down to a price point and affordability as people are working more and more from home but people want to be looking at how their money is being spent. Not only that, I think the change of infrastructure, if look at the WestConnex, the M8 access point is literally within 900mmeters of the Qantas land portfolio. So we're starting to see a lot of new development because it's just giving real quick speed to access for the surrounding suburbs and of course e-commerce. So that's from a commercial standpoint, and if we're looking at industrial there's been a lot of chat in the papers of light around industrial land use, we are probably one of the most expensive industrial land uses in the country in this Alexandria mascot precinct. So buyers now will be having to maximize that GFA, so there's a real view onmulti storey industrial developments. We've seen the strata uses do that over the years, multi level industrial strata, but now the institutions are having a big play at that, and I think that'll be a real differentiator when it comes to the scale of land at this mascot precinct. Rob Langton: Kevin, in closing, take me through some of Colliers recent sales campaigns that have been brought to market within the region, and what have been some of the key transactions that have taken place during the past 12 months. GavinBishop: Yeah, look, I think we've recently just closed a closure campaign Banksmeadow on behalf of a client of ours Orica where we saw the major development site, which, really reset the records on land values. We achieved consider- able interest in that site, just given the rarity of development land within within South Sydney. Another sale that we've been involved in the last 12 months has been the Toyota site in Caringbah. 12.4 hectares of land located in a very land constrained market very similar to mascot, with significant development upside. We sold that on behalf of Toyota for $170.5 million. We attracted global interest plus a lot of the domestic REITs - we were chasing that very hard. So we anticipate a similar buying profile for the Qantas portfolio. And, we’re certainly very excited about the opportunity. Rob Langton: No doubt about it - a landmark campaign that will no doubt, set the scene moving forward. The Qantas portfolio brought exclusively to market by the team from Colliers, Michael Crombie Gavin Bishop, and Dwight Hillier, thanks so much for your time this afternoon, and look forward to seeing the outcome.

certainly in the last 20 years that I've worked the market, so it does give the buyers, you know, the ability for immediate scale across the 14 or so hectares, so it's gonna be busy four and a half weeks for everybody. The beauty for this campaign is it's being offered to the market in one line but it also allows the buyers will look at individual parcels and bid on individual parcels and Qantas will review those obviously at the close of EOI. So with the four opportunities they're quite varied. The first one which will have a lot of interest from the institutional grade and investment market will be the sale and leaseback of the Qantas distribution centre, which they built in 2005. So that's a 21,795m building, which is just a nice clean super A-grade investment. Outside of that, we've got two industrial land development plays, those two parcels of land again can be sold separately. We've got one just over 26,000m of land and 56,000sqm of land. Those combined will give a buyer in the order of 123,000m of industrial development, which will be interesting to see how they come and work through the highest and best use, because that might be smaller industrial boxes but more than likely in order to maximize that land, and the gross floor area, they'll be doing multi level industrial. The final portion of land that we're selling is a B5 business own land down at 350 King Street, a little bit of a different twist where that will allow hotels, commercial offices and car parking stations and the like, that will give a buyer in the order of 50,000 sqm of GFA So pretty exciting Rob, but there's something there for everybody. Rob Langton: Kevin, given the scale of this portfolio in terms of its investment appeal and the redevelopment and repositioning opportunities at play, how do you anticipate the composition of the buyer profile will likely look? GavinBishop: This portfolio is going to attract so much interest globally. the market is really paying a premium for scale. And in this offer- ing has certainly got that, and it's located, you know in arguably the strongest in institutional investment market in the country. So we're going to get interest from all of your domestic REITs, a lot of your offshore groups and you know capital is going to come in across the globe. There will be interest out of Asia, out of Europe and America. The market is really paying a premium for scale. So, we're anticipating, you know, extremely, strong interest, and as Michael touched on, not only is the portfolio being sold on one line we're also selling it individually so you're going to have a lot of your local developers and investors chasing the offering very hard as well. Rob Langton: Michael reflecting on the broader Sydney South market, what are the key trends you've recorded over the short to medium term in relation to things like tenancy profile your compression shifting land use and so forth?

See the full podcast transcript below: Rob Langton: Following the imminent launch of a major industrial opportunity in Sydney's mascot, we're joined this afternoon by Michael Crombie National Director and Director in charge of the Columbia South Sydney team, Kevin Bishop, Head of Industrial Capital Markets and Dwight Hillier, Managing Director of Valuation and Advisory to discuss the agency's appointment on behalf of Qantas and the details of the enormous 14 Hectare, landholding, as well as the local market dynamics that are guiding asset values across the region. Michael, Gavin, Dwight pleasure to be speaking with you this afternoon, to begin Dwight as I understand it, you've been advising Qantas on its wide ranging property strategy and review over recent months. Talk to me about what this involved in terms of this particular asset and the outcomes that the review found. Dwight Hillier: Over the past 12 to 18 months the Colliers strategic advisory business via Neil Murray and myself have been working closely with the Qantas team undertaking a detailed review of the leasehold and freehold real estate interests, aligning with the quarters business strategy, it was concluded that there's no long term requirement to develop freehold land at Mascot. Most of the lead surface requirements Qantas will however, retain approximately three hectares of land, which currently accommodates the Dnata catering facility with road access to the airport in a tri-generation plant, it's pretty clear that Qantas remains very focused on its core aviation business. Rob Langton: I read that Qantas has amassed this land holding over the course of the past 60 or so years, can you take me through the history of this asset and how it's evolved over time to where it is in its current form. Dwight Hillier: Yeah, that's a really interesting one. It started progressively in the 1960s, acquiring individual lots and aggregating to what we have today. But interestingly enough the land around the Qantas headquarters is still predominate- ly used for car parking so I've never really got fully, I guess you'd say maximized in terms of its potential - around 40% of the land is made up of car parking. It's also home to Qantas' aircraft parts and distribution centre, aircraft jobs and other associated facilities. Rob Langton: Michael Crombie let's talk about the portfolio itself, talk to me about the opportunities that are for sale the existing leases in place the zoning and overlays that are in place and also the methods and details by which this portfolio will be marketed. Michael Crombie: This is 100% South Sydney

10 Ready Media Group provides up-to-date business and industry content covering the latest transaction activity, exclusive insights and interviews with thought leaders from across Australia.

Property Listings

NSW

The Property Development Review

Qantas Investment & Land Portfolio Sydney Airport Precinct, Mascot

SYDNEY CBD

ST PETERS INTERCHANGE WESTCONNEX

M8 AND M4-M5 ST PETERS ENTRY/EXIT

SYDNEY AIRPORT

Outlines Indicative Only .

QANTAS DISTRIBUTION CENTRE SALE AND LEASE BACK SITE AREA: 38,920m² IN1 INDUSTRIAL ZONED LAND LEASE BACK: 10 years FSR: 1.5:1 GLA: 21,795m²

62 – 86 KENT ROAD

297 KING STREET

350 KING STREET

INDUSTRIAL DEVELOPMENT SITE SITE AREA: 56,100m² IN1 INDUSTRIAL ZONED LAND LEASE BACK: 2 & 3 years FSR: 1.5:1 GFA: 84,150m²

INDUSTRIAL DEVELOPMENT SITE SITE AREA: 26,055m² IN1 INDUSTRIAL ZONED LAND FSR: 1.5:1 GFA: 39,082.50m²

BUSINESS PARK DEVELOPMENT SITE SITE AREA: 16,490m² B5 BUSINESS DEVELOPMENT ZONING LEASE BACK: 2 years FSR: 3:1 GFA: 49,470m²

A ONCE IN A LIFETIME OPPORTUNITY

On behalf of iconic Australian brand Qantas, Colliers are proud to offer the Qantas Investment & Land Portfolio to the market for either freehold sale or on a 99-year lease in one line or individually . This exceptionally rare institutional grade investment and development offering provides immediate scale within Australia’s most tightly held industrial and commercial market. FOR SALE BY INTERNATIONAL EXPRESSIONS OF INTEREST Closing Wednesday 1 Sept 2021 at 4pm (AEST)

MICHAEL CROMBIE 0412 903 063

GAVIN BISHOP 0401 146 051

TRENT GALLAGHER 0432 242 063

SEAN THOMSON 0418 943 452

COLLIERS.COM.AU/P-AUS66013946

11

Property Listings

NSW

Accelerating success.

#heading# #saletype# I For Sale Auction

Inv st, Develop or Occupy – Strategic land holding opposite UNSW

#imagelabel1#

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#imagelabel2of3#

#imagelabel2of2#

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#propertyaddress# #salesdetails# 52-56 Barker Street, Kingsford, NSW Auction 2 Thursday 2 September at 10.30am 5 For Sale by Expressions of Interest closing Tuesday 31 August 2021 at 4pm

#agent4mobile# #agent4name# #agent3mobile# #agent3name# #agent2mobile# #agent2name# #agent1mobile# #agent1name# 0432 192 049 An us Urquhart 0412 903 063 Michael Crombie 0432 242 063 Trent Gall gher 0 A 0 M 0 T

#icon1text# #1# Total site area of 1,639m 2 *  ²

#icon2text# #2# 500m* to Kingsford Light Rail Station  /-AUS66013972

#icon3text# #3# Freehold properties on three titles 

#icon4text# #4# Two s r et frontages with 7 car spaces at rear 

#icon5text# #5# The prop r ies can be bought in one-line or separately 

colliers.com.au#url# /

#disclaimer# * Approx.

Accelerating success.

Strategic Kingsford Key Site | Prime Eastern Suburbs Location For Sale

277-291 Anzac Parade, Kingsford, NSW 2032 For Sale via Expression of Interest Closing Thursday 2nd September 2021 at 4pm (AEST).

+61 404 887 717 Guillaume Volz +61 423 021 439 Eugene White

Site Area 1,573m²* 

60 Metre Height Limit 

Flexible B2 zoning 

5:1 floor space ratio 

Corner site with rear lane access 

colliers.com.au/p-AUS66013999

* Approx.

12

Property Listings

NSW

The Property Development Review

Accelerating success.

Income & Development Potential Auction

Outlines indicative only

5 Bishops Avenue, Randwick, NSW Online Auction on Thursday 9 September 2021

0425 337 691 James Cowan

0411 709 666 Miron Solomons

>$217,000 passing income 

R3 Medium Density Zoning 

17 Room Boarding House 

colliers.com.au/p-AUS66014133

13

Property Listings

NSW

Accelerating success.

Significant Residential Development Site For Sale

Outlines indicative only

164 - 170 Croatia Avenue, Edmondson Park, NSW For Sale by Expressions of Interest closing Thursday 9 September at 2pm

0419 018 356 Frank Oliveri 0425 337 691 James Cowan 0412 236 138 Steam Leung

DA Lodged 

61,500m²+* proposed GFA 

100m* to Train Station 

42,930m²* Site Area 

colliers.com.au/p-AUS66014155

* Approximately

14

Property Listings

NSW

The Property Development Review

Accelerating success.

DA Approved Boutique Development Site For Sale

Outlines indicative only

6-8 Vaughan Street, Blakehurst EOI closing Thurs 23 Sep 2021 at 4pm

0432 242 063 Trent Gallagher

1,836m²* total land area 

DA Approval for 32 apartments 

2.9km* to Oatley Train Station 

colliers.com.au/p-AUS66014244

* Approx.

15

Property Listings

NSW

433-437 Pacific Highway, Asquith NSW . For Sale EOI, Closing 4pm, 30 September 2021 .

DA & CC Approved for Residential Development

Site Area 1,873 sqm*

Excellent transport connectivity

Cameron Fitzgerald 0432 096 135

Anthony Pirrottina 0402 666 093

View Listing

16

Property Listings

NSW

The Property Development Review

28 Longueville Road, Lane Cove NSW .

For Sale by Expressions of Interest closing DA Approved Development Site .

ARTIST IMPRESSION

Impressive rental income on completion

34 self-contained studio apartments 851 sqm* land area

Anthony Pirrottina 0402 666 093 Demi Carigliano 0423 015 815 Cameron Fitzgerald 0432 096 135

View Listing

17

Property Listings

NSW

Boundary Indicative

8 September at 4:00pm EOI closing 119-121 Jonson Street, Byron Bay NSW For Sale Boutique development site

0437 573 705 Harry Borger 0414 421 110 Sam Byrne Elliott O’Shea 0413 838 717

– Sizeable 1,696sqm* site with triple street frontage – Favourable B2 Local Centre zoning providing true development flexibility – Situated within the commercial core of Byron Bay

property.jll.com.au

/327087

*(approx)

18

Property Listings

NSW

The Property Development Review

DA APPROVED SITE FOR 79 PLACE CHILDCARE CENTRE + 10 APARTMENTS

27-29 Tennyson Street, Parramatta NSW 2150

Boundary, Boundary, locations & artist impression indicative only

ONLINE AUCTION

Representing a remarkable opportunity in the thriving Parramatta CBD, to acquire this DA approved site for a 79 place childcare centre with 10 residential units above. Positioned in a culde-sac location and one of the only mixed-use developments approved in a R4 residential zoning. Underpinned by significant investment in major infrastructure, development, private and public employment opportunities and robust population growth, Parramatta will continue to be a hive of activity to live and work. Additonal highlights of the property include: • DA approved 79 place childcare centre (ground floor) - 20 kids 0-2years, 30 kids 2-3 years, 29 kids 3-6 years • DA approved for ten (10) units over 2 levels - configured 3 x 1beds, 6 x 2beds & 1 x 3beds • 38 basement car spaces • Site area 1,486.5m 2 * • Efficient design & build

Wednesday 8 September 2021 at 12pm

Joseph Assaf 0401 397 696 jassaf@raywhite.com

Jai Sethi 0433 393 128 jai.sethi@raywhite.com

Peter Vines 0449 857 100 peter.vines@raywhite.com

• Generous floor plan layouts • Ideal build-to-rent model • Instructions to Sell

*Approximate

raywhitecommercialnsw.com

19

Property Listings

NSW

Surfers Paradise

Gold Coast International Airport

Rainbow Bay

Surfers Paradise

Coolangatta

Tweed Mall Shopping Centre

Twin Towns

Tweed Heads Bowls Club Surfers Paradise

Gold Coast International Airport

Gold Coast International Airport

The Tweed Hospital

Rainbow Bay

Coolangatta

Tweed Mall Shopping Centre

Twin Towns

Tweed Heads Bowls Club

Rainbow Bay

Coolangatta

Tweed Mall Shopping Centre

Twin Towns

Subject Property

Tweed Heads Bowls Club

The Tweed Hospital

Tweed River

The Tweed Hospital

Subject Property

Tweed River

Subject Property

Tweed River

FOR SALE BY EXPRESSIONS OF INTEREST Closing Thursday 2 September 2021 at 4pm TWEED HEADS DEVELOPMENT SITE 68 Keith Compton Drive TWEED HEADS NSW 2485 FOR SALE BY EXPRESSIONS OF INTEREST Closing Thursday 2 September 2021 at 4pm TWEED HEADS DEVELOPMENT SITE 68 Keith Compton Drive TWEED HEADS NSW 2485 TWEED HEADS DEVELOPMENT SITE 68 Keith Compton Drive TWEED HEADS NSW 2485 FOR SALE BY EXPRESSIONS OF INTEREST Closing Thursday 2 September 2021 at 4pm

Shane Nicholson 0411 339 028 shane@commercialcollective.c

Shane Nicholson 0411 339 028 shane@commercialcollective.com.au Shane Nicholson 0411 339 028 shane@commercialcollective.com.au

Matthew Fritzsche 0410 435 891 matthew.f@raywhite.com Peter Vines 0449 857 100 peter.vines@raywhite.com

Premium lifestyle location

Site area 8,844sqm

Elderly demographic

Matthew Fritzsche 0410 435 891 matthew.f@raywhite.com Peter Vines 0449 857 100 peter.vines@raywhite.com Matt Fritzsche 0410 435 891 matthew.f@raywhite.com Peter Vines 0449 857 100 peter.vines@raywhite.com

Premium lifestyle location

Site area 8,844sqm

Elderly demographic Elderly demographic

Premium lifestyle location

Site area 8,844sqm

View here

View here

View here

20

Property Listings

NSW

The Property Development Review

PRIME R4 ZONED SITE | MERRYLANDS Bawdens is very excited to present 34 Smythe Street, Merrylands for sale by Expressions of Interest. The offering provides exciting development opportunities subject to Council approval. Developers and Investors will be inspired with the locality of the offering, which neighbours and is amongst several modern high-density developments. Key features: • Situated in a highly desired location • Merrylands Train Station within 125m approx. • Site Area 1633sqm approx

• Wide street frontage • Zoned R4 High Density • Stocklands Shopping Centre,Merrylands CBD and Bus stops within walking distance • Parramatta CBD, Western Sydney University, Granville TAFE and desired schools within close proximity • Parks and Sports Fields nearby • Expressions of Interest Closing Thursday 23rd September 2021

Victor Zerefos 0416 047 288 zerefosv@bawdens.com.au

www.bawdens.com.au

21

2021 Development Finance Survey Has Launched - WIN AN IPAD PRO -

43.75%withBanksutilised in56.2%of thecases. Itwill bevery interesting toseewhat the2021 Survey reveals.”SaidMichael.

SolidoCapital has just launched its 2021Development FinanceSurvey. Responses fromindustryprofessionals including, PropertyDevelopers,Development Financiers, FinanceBrokers, Valuers andDevelopmentConsultants areencouraged. EveryonewhocompletesaSurveywillreceiveacopyoftheresultsandplus thechancetowinaniPadPro.

BanksVsNon-Banksas SourceofFinance

Bank

Non-Bank

64.80% 35.0% 56.20% 43.7%

2018 2020

Tocompleteour5minuteSurveysimplygoto: https://www.surveymonkey.com/r/P8TK7XT

Another keyquestion inpreviousSurveys askedrespondents tonominate thebiggest issue facing theDevelopment Industry. "Back in2018, 41.5%of respondentsnominatedsourcingofDevelopment Financing as thebiggest issue. In2019PurchaserFinancewas thebiggest issue (42.2%) followed byDevelopment Financeat 26.1%.And in2020,DevelopmentApprovals rankedas thebiggest issue (25%)withDevelopment Finance followingaclose secondat 23%."

Thismarks the fourthFinancingSurvey that Solidohas conducted. ThisNational Survey is a lead indicator to themarket conditions andkeychallenges facing thedevelopment industrywitha specific focusonthe developmentfinancingmarket. MichaelCorcoran,ExecutiveDirectorofSolidoCapital said "Therehasbeensignificant challenges facingDevelopers attempting tofinance their acquisitions andconstructionover thepast 5years and thiswas clearlyevident inour first Survey results in2018 - 49.45%of respondents stated that thecurrentfinancing marketwas either “poor or verypoor”. Solido’sSurvey in2019 indicated that this situationwasworseningwith52.2%of respondents stating thefinancingmarketwas “poor or verypoor”. However therewas adramatic improvement inthe2020Surveywhere this response fell to21%. “Thiswaspresumablydrivenby the increasedavailabilityofNon-Bank finance” saidMichael.

Response %

Biggest Issue

41.5% 42.2% 25.0%

2018 Sourcing Development Finance

2019 Purchaser Finance

2020 Development Approvals

This category of data isn’t readily available within the market therefore these Survey results provide invaluable insights in to what is happening in the Development financing market. The 2021 Solido Development Finance Survey is now live and will be running

2018 2019 2020

% Of Respondents Who Rated The Finance Market "Poor or Very Poor"

49.4% 52.2% 21.0%

throughout August and September - access here: https://www.surveymonkey.com/r/P8TK7XT

Other keysurveyquestions seek to identify the specificfinancingconditions facing developers includingdebt pricing, debt availability, availableLoantoValue ratios, requiredDebt covenants and the split offinancingbetweentraditional Banks and the Non-BankFinanciers. Previous surveyshave tracked the rise inmarket shareof theNon-BankFinanciers - this trend is expected tocontinue inthe latest 2021 Survey. "In2018, 64.8%of Survey respondents sourced theirDevelopment Finance througha Bankand35%throughaNon-Bank. By2020’sSurveyNon-Banks’ sharehadrisento

As stated earlier, everyone who completes a survey will receive a copy of the consolidated results when they are released in October and, if they choose, they will be entered in the draw for a free iPad Pro. Individual respondents and their answers will be kept anonymous and confidential. If you’d like more information on the Survey or you’d like to contact Solido regarding financing your Development acquisition or construction, email Solido on info@solidocapital.com

WHY SHOULDN’T YOU HAVE FLEXIBLE, 70% LVR, NO PRESALES CONSTRUCTION FINANCE?

SCANTO DISCOVER

This advertisement is issued bySolido Capital Partners PtyLtdACN615 299 922 (AFSL501143). The content on this advertisement has been prepared for information purposes only. This information does not take into account you or your client’s personal objectives, financial situation and needs, and you should seek your own independent advice. Solido does not accept any responsibility or liability for any errors or omissions contained within this advertisement and reserves the right to amend it at any time. All terms and conditions quoted are subject to assessment of individual borrowers’capacity, experience and project viability, and are subject to change. WITH SOLIDO, YOU CAN. Solido provides Acquisition and Construction finance to residential property developers in Sydney, Melbourne and Brisbane without any presale requirements or conditions - providing a preliminary approval within 48 hours. With decades of direct property development experience, it’s safe to say you’re in good hands with Solido. borrow.solidocapital.com

22

Property Listings

NSW

The Property Development Review

NSW, Austral: 310 Fourth Avenue DESIRABLE RESIDENTIAL DEVELOPMENT SITE FOR SALE

LARGE LAND OFFERING WITH POTENTIAL FOR 14 LOTS (STCA) + Substantial site area of 7,092sqm* + Potential to yield 14 Torrens Title Lots (STCA) + R2 Low Density Residential zoning + 27.2% internal road layout for efficient future development + Prioritised services to be made available in the next 24 months + + Western Sydney Airport due to open in 2026, which will boost the economy substantially in South West Sydney

AUCTION: 28/08/2021

OFFERED VIA PUBLIC AUCTION ON SATURDAY, 28 AUGUST AT 10:30AM AT AUCTIONWORKS (ONLINE BIDDING)

+61 400 523 523 ALEX MIRZAIAN +61 420 412 047 LEO GUZMAN

+61 432 082 628 ANDREW SUKKAR

cbre.com.au/properties

*approx

NSW, Glossodia: 66 Wattle Crescent RESIDENTIAL DEVELOPMENT SITE FOR SALE

ZONED R2 - LOW DENSITY

+ Land Size: 21 Acres* | 8.94 Ha* | 84,984sqm* + Sydney Water Approval for Sewer & Water Services + Develop, Subdivide or Landbank + Opportunity to meet the strong demand for housing lots in Western Sydney + Proximity to Glossodia and Windsor Town Centres and walking distance to local Public School + R2 Low Density Residential zoning allows for potential subdivision opportunity (S.T.C.A) + Reliatvely flat topography allowing for future development opportunity

EOI 03.09.2021

WILL BE SOLD VIA AN EXPRESSIONS OF INTEREST ENDING FRIDAY 3RD OF SEPTEMBER 2021 AT 3:00PM

+61 400 523 523 ALEX MIRZAIAN +61 434 666411 RAYMOND AHSAN

+61 434 675 724 LORD DARKOH

cbre.com.au/properties

*approx

23

Property Listings

NSW

Big sheds turn heads Industrial property has shown long-run returns like no other asset class and only land availability is holding further growth back. Eyes West West Auckland’s investment and development credentials have skyrocketed and commercial and industrial property is thriving.

73 FEATURING

COMMERCIAL PROPERTIES FOR SALE FROM AROUND NEW ZEALAND

ISSUE 6 - 2021

UNLOCK THE BEST OF NEW ZEALAND’S COMMERCIAL PROPERTY

Looking to invest in commercial property in New Zealand? Bayleys Knight Frank have experts across all commercial sectors and through their genuine commitment to excellence, they provide innovative solutions to deliver the best results for their clients. Through their national sales teams and global partnership with Knight Frank, Bayleys’ reap the benefits of a globally connected network spanning 57 markets, connecting people with property on a global scale. Bayleys’ has access to all the best commercial and industrial property opportunities for sale in New Zealand, featured in their latest edition of Total Property . View the latest investment opportunities in New Zealand. bayleys.co.nz/totalproperty LICENSED UNDER THE REA ACT 2008

24

The Property Development Review

More Than a Listing Portal

Targeted Buyer Leads

Lifetime Campaign Support

Transparent Pricing

Our stakeholders are you, the agents and vendors. Therefore the CommercialReady portal offers much more than just a property listing.

Our integrated approach means we offer a myriad of purpose-built technologies and in-house media capabilities designed to enhance your campaigns visibility and interactivity with prospective buyers. We maintain the relevance of your sales campaign over its entire lifetime by consistently engaging an active and targeted audience.

Importantly, we provide lifetime campaign support at no extra charge.

Contact us today.

info@commercialready.com.au 03 9631 5476

25

Introducing A Full Service 360 Degree Agency

ED WRIGHT MANAGING DIRECTOR BRACKEN HALL COMMERCIAL

M 0421 213 021 E ed@brackenhall.com.au W www.brackenhall.com.au

26

The Interview: Bill Bowness AO

The Property Development Review

Bill Bowness AO Founder - WilbowGroup

This isBill’sfirst ever public interview.

As one of Australia's most successful yet private business identities, his vast interests include property development, private equity and corporate finance. With a career spanning in excess of forty-five years, Rob Langton chats to Bill about his background in investment banking, the origins of the highly successful Wilbow Corporation, his business interests both domestically and internationally and the partial sale of his Australian property portfolio in 2006.

Bill is a true business icon.

Watch the full interviewnow.

Scan to watch The Interview

50'

Click play to watch The Interview with Bill Bowness AO in full. Interview: Rob Langton, Ready Media Group

27

VIC Lis t ings

28

Property Listings

VIC

The Property Development Review

29

Property Listings

VIC

Connecting people&property, perfectly.

View Listing

30

Property Listings

VIC

The Property Development Review

635 Derrimut Road, Tarneit VIC .

For Sale by Expressions of Interest closing Wednesday 15 September at 2pm .

Future-Proofed 40,480 sqm* Infill Parcel in Approved Tarneit North PSP Knight Frank are proud to present 635 Derrimut Road, Tarneit, an exceptionally well connected and strategic site within the approved Tarneit North PSP.

Land Area: 40,480 sqm*

Zoned UGZ13

• Well positioned 40,480 sqm* Urban Growth Zoned (UGZ13) parcel

• More than 50% of the site is contained within the Derrimut Road Urban Design Framework, allowing for higher density development (STCA) • Exceptionally well-connected site, just 300m* from new Tarneit Station (31 minutes to Melbourne CBD)

300m* from the new Tarneit Station

Opposite Future Town Centre

• Situated directly adjacent to the Future Tarneit Town Centre

• Surrounded by major residential developments including Creekstone by Macson and Growland’s Marigold • Highly efficient regular shaped parcel with expansive 100m* frontage to Derrimut Road • Surrounded by a broad range of high-quality retail and lifestyle amenity, including Tarneit Central Shopping Centre

Efficient regular shaped parcel

Approved Tarneit North PSP

• Benefits significantly from its proximity to existing road and service networks

• Planning precinct allows for High and Medium Density Development (STCA)

To arrange an inspection or for more information please contact the exclusive Knight Frank sales agents below.

Stephen Kelly +61 407 320 377 James Thorpe +61 414 510 071 Paul Lillis +61 402 381 399

31

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