Spring Auction Day 14 September 2017 Thursday 11am
Novotel Sydney Norwest1 Columbia Court, Baulkham Hills NSW 2153
AUCTION CATALOGUE
Disclaimer:
Information provided in this Auction Catalogue has been provided by third parties.
While we believe it to be correct, Coutts and Norwest Commercial & Industrial do
not warrant it as accurate or correct. Interested parties should make their own enquiries.
August 2017
Dear Investor Welcome to the Coutts and Norwest Commercial & Industrial Spring Auction. Following the great success of our Autumn and Winter Auctions, we are pleased to bring to the market our most exciting selection of commercial and industrial properties yet. Within this catalogue, there are a range of properties to suit a range of uses and budgets. There are properties for investors looking for a passive income and those looking to occupy their own premises. The properties are located across north western and western Sydney. Now is a great time to get into the market. Low interest rates make purchasing property an attractive and for many, a more affordable, option over renting. Supply of good properties for sale and lease is currently low which augurs well for good longer term price and rental growth in all the commercial/industrial zones represented in this catalogue. Our vendors are willing sellers; they have been well advised by their agents at Coutts and Norwest and have set realistic reserve prices. I encourage you to take a look through this catalogue and contact the agents at Coutts and Norwest Commercial for inspections and further information. The auction team handling the properties, and their contact details, are located on the following page. They look forward to taking your enquiry. We wish you all the best!
Yours sincerely,
Grant BeaumontManaging Director
NORWEST COMMERCIAL & INDUSTRIAL
THE AUCTION TEAM
Alecia Goodman | 0488 099 [email protected]
Wayne Mangion | 0488 111 [email protected]
Sam Bechara | 0488 110 159 [email protected]
COUTTS
Erin Tuynman | 0411 277 [email protected]
Brett Beazley | 0414 276 [email protected]
Fabian Swaleh | 0488 188 [email protected]
James Bendell | 0411 240 880 [email protected]
AVAILABLE PROPERTIES
14 September 2017
ADDRESS SUBURB AGENTS
504/10 CENTURY CIRCUIT BAULKHAM HILLS BRETT BEAZLEY & ERIN TUYNMAN
301/10 NORBRIK DRIVE BELLA VISTA BRETT BEAZLEY & ERIN TUYNMAN
7/4 GLADSTONE ROAD CASTLE HILL WAYNE MANGION
8/256 NEW LINE ROAD DURAL BRETT BEAZLEY & ERIN TUYNMAN
3/8 LAMBRIDGE PLACE PENRITH JAMES BENDELL
4/40 BOWMAN ROAD RICHMOND SAM BECHARA
20 MELBOURNE ROAD RIVERSTONE ALECIA GOODMAN
COONARA CARWASH WEST PENNANT HILLS FABIAN SWALEH
NOTE:
PROPERTIES TO BE AUCTIONED ARE SORTED BY SUBURB. ORDER OF SALE WILL BE AVAILABLE 24 HOURS IN ADVANCE OF
THE AUCTION.
Norwest Central is one of the most prestigious addresses in Norwest Business
Park. It is ideally located adjacent to Norwest Market Town retail precinct with
shops, restaurants, banks and post office. Sydney's Metro Rail Link
(due for completion early 2019) is within close walking distance.
Property features include:
Top floor office
Corner suite with two sides of glass
Access to balcony area
Central location near shopping centre and Norwest lake
Six car spaces included
Leased to National Australia Bank, one of the big four
Outstanding growth opportunity
Benefit from locating close to Australia’s largest infrastructure project
View:
Contact Agents
Auction Date:
14 September 2017
Agents:
Brett Beazley | Associate Director
0414 276 162
Erin Tuynman | PA to Brett Beazley
0411 277 999
LEASED OFFICE | BANK INVESTMENT
norwestcommercial.com.au/auctions
TERM RENTTENANT TERM RENT NOTES
National Australia Bank Limited
5 Years ending 7 July 2019 + 2 x 5 year option
$54,732 net + outgoings + GST
504/10 CENTURY CIRCUIT,
BAULKHAM HILLS
9899 1699
Indicative outline
301/10 NORBRIK DRIVE,
BELLA VISTA
Situated in the Q Central building, a building that is consistently sought
after by commercial medical tenants in a flourishing suburban location.
Features include:
Top floor corner office with natural light
Located opposite Norwest Private Hospital
Fantastic location close to M7, M2 and Old Windsor Rd
Immaculate presentation
591 sqm
Part of the premises (300 sqm) is currently leased offering a steady income in
the short term and expansion space in the longer term.
Price Guide: $3.4m to $3.6m
9899 1699
View:
Contact Agent
Auction Date:
14 September 2017
Agents:
Brett Beazley | Associate Director
0414 276 162
Erin Tuynman | PA to Brett Beazley
0411 277 999
OFFICE INVESTMENT | HEART OF MEDICAL PRECINCT
norwestcommercial.com.au/auctions
TENANT TERM RENTTENANT TERM RENT NOTES
ZIB Financial Pty Ltd 3 Years ending 29 August 2020
$108,000 pa net + outgoings + GST (passing income)
The property enjoys close proximity to Victoria Ave, Showground Road and
Windsor Road. Easy access to the rest of Sydney and beyond is available
via the M2 and M7 motorways.
August 2017
Dear Investor Welcome to the Coutts and Norwest Commercial & Industrial Spring Auction. Following the great success of our Autumn and Winter Auctions, we are pleased to bring to the market our most exciting selection of commercial and industrial properties yet. Within this catalogue, there are a range of properties to suit a range of uses and budgets. There are properties for investors looking for a passive income and those looking to occupy their own premises. The properties are located across north western and western Sydney. Now is a great time to get into the market. Low interest rates make purchasing property an attractive and for many, a more affordable, option over renting. Supply of good properties for sale and lease is currently low which augurs well for good longer term price and rental growth in all the commercial/industrial zones represented in this catalogue. Our vendors are willing sellers; they have been well advised by their agents at Coutts and Norwest and have set realistic reserve prices. I encourage you to take a look through this catalogue and contact the agents at Coutts and Norwest Commercial for inspections and further information. The auction team handling the properties, and their contact details, are located on the following page. They look forward to taking your enquiry. We wish you all the best!
Yours sincerely,
Grant BeaumontManaging Director
7/4 GLADSTONE ROAD,
CASTLE HILL
Located in the popular Castle Hill Trading Zone is this opportunity to
purchase an industrial property with a great combination of warehouse,
fully partitioned office, plus additional office extension area.
This well designed 445 sqm property features:
Access via a wide driveway
Great truck turning and manoeuvring
Exclusive office entry
Nine car parking spaces.
8883 4000
View:
Contact Agent
Auction Date:
14 September 2017
Agent:
Wayne Mangion | Associate Director
0488 111 345
RARE WAREHOUSE WITH OFFICE UNIT
coutts.com.au
Situated in the commercial centre of Dural, this duplex has been built to the
current owner's exacting standards and offers a level of finish rarely seen.
Building features include:
395 sqm of corporate office. The office area features:
Lovely bush outlook
Light-filled areas with northern aspect
Executive office area
Reception, open work area, large training or board room
Balconies
Full kitchen and breakout area
The 759 sqm warehouse area features:
Easy truck access
7.5m clearance
Two roller shutters - perfect for goods inwards and outwards
Lab and workshop area
Excellent column free clearance and load bearing
View:
Contact Agents
Auction Date:
14 September 2017
Agents:
Brett Beazley | Associate Director
0414 276 162
Erin Tuynman | PA to Brett Beazley
0411 277 999
YOUR NEW HEADQUARTERS
norwestcommercial.com.au/auctions
TERM RENT
8/256 NEW LINE ROAD,
DURAL
9899 1699
Indicative outline
This practical, clear-span warehouse with office is in a small complex of four
and represents an outstanding investment.
Located in the Penrith industrial estate, the property features:
Near new five year lease to longstanding tenant
3% annual increases
Access via one roller shutter door measuring 4m wide x 5m* high
with high internal clearance up to 7m*
Air conditioned first floor office
100 amps power
Gated complex with alarm system
Two car spaces
Current rental $28,137.60 gross + GST
*Approximately
8811 0200
3/8 LAMBRIDGE PLACE,PENRITH
View:
By appointment only
Auction Date:
14 September 2017
Agent:
James Bendell | Sales & Leasing Executive
0411 240 880
LONG TERM INVESTMENT OPPORTUNITY
coutts.com.au/auctions
TENANT TERM RENT NOTES
Dance Boulevarde 5 Years ending 16 March 2022 $28,137.60 gross + GST
4/40 BOWMAN ROAD,
RICHMOND
Located in this modern complex, this property is an outstanding investment
opportunity for the discerning investor. It features:
Strata area is 510 sqm* plus an approved mezzanine level of 220 sqm*
Two roller doors to the warehouse
Currently fitted out with four dance studios over two levels
Reception and waiting area with a raised stage area
Internal amenities
Current rental $56,727per annum net plus outgoings paid by tenant
Annual increases
Eleven on-site car spaces on title
*Approximately
9634 3888
View:
Tuesdays
11:00am - 11:45am
Auction Date:
14 September 2017
Agent:
Sam Bechara | Sales & Leasing Executive
0488 110 159
PRIME INVESTMENT OPPORTUNITY | WAREHOUSE SPACE
coutts.com.au/auctions
TENANT TERM RENT NOTES
Roar Talent Dance Studio 3 Years ending 21 August 2019 + 2 x 3 year option
$56,727 net + outgoings + GST
20 MELBOURNE ROAD,
RIVERSTONE
Offered to the market is this sensational, freestanding secure warehouse with
plenty of yard space.
The property features:
560sqm* warehouse set on level land space of 929 sqm*
Easy truck access
200 amps, grease trap, full drainage and extraction fan assembly setup
Licensed/DA approved food manufacturing plant
Amenities block comprising toilets, kitchen & small office/service rooms
(with overhead storage)
Concrete hardstand area for container storage or truck access
*Approximately
8883 4000
View:
Contact Agent
Auction Date:
14 September 2017
Agent:
Alecia Goodman | General Manager
0488 099 399
FREEHOLD | FULLY REFURBISHED | WAREHOUSE & LAND
coutts.com.au/auctions
TENANT TERM RENT NOTES
Jacobs Pro Car Wash 3 Years ending 31 July 2020
$31,200 net + outgoings + GST
16/35 COONARA ROAD,
WEST PENNANT HILLS
Ready to go car wash in popular local shopping centre perfect for the small
operator. The property features:
Two wash bays
Secure storage area
Great location
Located in a popular local shopping centre
Call today to arrange your inspection of this fantastic opportunity!
Price Guide: $380,000 - $420,000
View:
Contact Agent
Auction Date:
14 September 2017
Agent:
Fabian Swaleh | Associate Director
0488 188 815
LEASED INVESTMENT | CAR WASH | HIGH TRAFFIC
9899 1699norwestcommercial.com.au/auctions
Situated in the commercial centre of Dural, this duplex has been built to the
current owner's exacting standards and offers a level of finish rarely seen.
Building features include:
395 sqm of corporate office. The office area features:
Lovely bush outlook
Light-filled areas with northern aspect
Executive office area
Reception, open work area, large training or board room
Balconies
Full kitchen and breakout area
The 759 sqm warehouse area features:
Easy truck access
7.5m clearance
Two roller shutters - perfect for goods inwards and outwards
Lab and workshop area
Excellent column free clearance and load bearing
We are committed to ensuring we maximise the benefits for you, the property investor. We are more than merely rent
collectors and this is evident from our day-to-day management of your asset which provides the following:
• Maintaining cash flow
• Handling initial, periodic and final inspections to ensure your property is maintained
• Minimising vacancy factors
• Open communication between Lessee and Lessor to ensure a strong relationship
• Providing detailed monthly statements with banking requirements of your choice
• Negotiating new leases
• Implementing and negotiating rent reviews
• Analysing, control and recovery of outgoings
• Resolving disputes
• Maintaining the property and having repairs carried out quickly to a professional standard
• Ensuring arrears are minimised and controlled
• Paying of outgoings on owners behalf out of monies received
• Liaising with strata managers (where relevant) to ensure common property issues are quickly rectified
• Issuing of annual income and expenditure reports to assist with owners’ tax compliance
As part of the service and unlike most agencies, we disburse monies to our owners on a daily basis should they wish. We
provide to you a statement providing all details relating to the rent payment, GST and disbursements.
With over 1,400 properties under management, we are amongst the most active of specialist commercial agents in our core
markets. Combined with access to up to date and accurate sales and leasing data (obtained from our sales and leasing
agents and third party resources), we are very well placed to negotiate for you the best terms when a lease is being
renewed or market reviews assessed. In such negotiations “knowledge is power”. Our objective is firmly on retaining your
sitting tenant as we consider it highly unethical to “churn” tenants between properties.
Representatives from our property management department will be available at the auction to discuss your needs.
PROPERTY MANAGEMENT SERVICES
Beaumont Strata Management have been managing strata and community title properties for over 35 years, most recently
concentrating on commercial and industrial properties and select residential estates.
We manage over 160 complexes totalling over 4,500 individual units.
At Beaumont Strata Management, we consider that the delivery of high quality service is key to the successful management
of a complex. This means:
• We work closely with the Strata Committee, owners and tenants to ensure that the complex runs to expectation. We
take a proactive approach to management so as not to distract the owners/occupants from managing their businesses.
• Each of our strata managers handles a relatively small number of strata plans all of which are located within a short
distance of each other and our offices – as a result, our managers can devote more time and attention to ensuring the
complex is maintained to the standard owners expect. Because we don’t chase business across town, our managers are
regularly on-site and deal with matters before they become major issues.
• We manage mainly commercial/industrial and retail complexes – this is a specialist skill that we have developed.
• We have excellent relationships with local contractors, a number of whom work exclusively for us – this ensures that
emergencies are dealt with within short timeframes at any time of the day or night, weekday or weekend. We have
excellent relationships with insurers and use our buying power to get the best deals for our clients. We are often able to
get savings for strata schemes that more than covers our fee.
• We understand the relevant legislation and regulations – we know how laws are to be interpreted and ensure compliance
with those laws.
• We use state of the art technology that ensures that the bookkeeping and tax matters are dealt with appropriately, work
orders are appropriately logged and dealt with, pertinent information is stored and owners can pay their levies by
telephone or internet banking at a time that suits them. Owners can retrieve their information through our web portal.
Our portfolio is growing quickly as our attention to detail and high quality of service is recognised by developers, owners
and tenants alike.
We would be delighted to discuss with you how our team can add value to the management of your property.
BEAUMONT STRATA MANAGEMENT
WINTER AUCTION DAYS SUCCESSJUNE - JULY 2017
PARKVIEW CAFÉ, BAULKHAM HILLS
New 5 year lease
Established tenant
Cafe investment
Sold under the hammer for $1,000,000 + GST
Agents: Brett Beazley and Erin Tuynman
29/5-7 ANELLA AVE, CASTLE HILL
Partitioned office areas
149 sqm
Amenities & kitchenette
Sold under the hammer for $580,000
Agents: Brett Beazley and Erin Tuynman
43/10 GLADSTONE ROAD, CASTLE HILL
Corner office providing great natural light throughout
Loading dock access
Six offices with a generous sized boardroom
Sold under the hammer for $861,000
Agent: Thomas Muller
SOLD
SOLD
SOLD
4.06/14-16 LEXINGTON DRIVE, BELLA VISTA
58 sqm office suite
Offered with short term lease in place
Parking at the door
Sold under the hammer for $470,000
Agent: Thomas Muller
12/7 PACKARD AVENUE, CASTLE HILL
Industrial unit
High quality fixtures
High clearance roller door
Sold under the hammer for $595,000 + GST
Agents: Brett Beazley and Erin Tuynman
SOLD
SOLD
WINTER AUCTION DAYS SUCCESSJUNE - JULY 2017
20 SAMMUT ST, SMITHFIELD
1,761sqm
Vacant land
IN1 – general industrial zoning
Sold under the hammer for $1,650,000
Agent: Garry Norman
3.06/33 LEXINGTON DR, BELLA VISTA
Corner office with generously sized balcony
Established corporate tenant
Corporate boardroom and large open plan space
Sold under the hammer for $930,000
Agent: Alecia Goodman
CAFE/NORWEST PRIVATE HOSPITAL
158sqm strata titled space
Net Income of $157,911 per annum + GST
Leased to 2020 plus 5 year option
Sold prior for $2,570,000
Agent: Wayne Mangion
SOLD
SOLD
SOLD
PLINTH/29-31 LEXINGTON DR, BELLA VISTA
Leased to quality tenant
Rent $8,000 per annum gross plus GST
Annual Increases CPI/3.5% whichever the greater
Sold under the hammer for $105,000
Agent: Alecia Goodman
SOLD
PROJECT MARKETING 87-91 RAILWAY ROAD NORTH, MULGRAVE
9899 1699norwestcommercial.com.au
Norwest Commercial & Industrial are pleased to bring to the market
this exciting new development in Mulgrave by the highly regarded
Presida Constructions. The units feature:
IN1 zoned
6.5 metre clearance with 4 metre wide motorised roller shutter
Warehouses have a tea cupboard, toilet with provision for a shower
Mezzanines have air conditioning, carpet, gyprock lined walls,
ceiling tiles and a tea cupboard
Close to train station and Windsor Road
Anticipated completion 2017
Next release units range from 175sqm
The first release sold out very quickly. You’ll need to be quick to secure
your place in this second and final release.
Exclusive Marketing Agent:
Brett Beazley | Associate Director and Head
of Sales & Leasing
0414 276 162
Erin Tuynman | PA to Brett Beazley
0411 277 999
FINAL RELEASE NOW AVAILABLE
PROJECT MARKETINGONE INDUSTRIAL, KURRAJONG ROAD, PRESTONS
Coutts are excited to bring to the market this new industrial
development of 88 units within close proximity to the M7 Motorway.
Features include:
Unique construction design
Ground floor and first floor units
Perfectly located in the rapidly developing Sydney South-West
industrial hub
Easy access to all arterial roads and the new South-West rail
corridor
Exclusive Co-Agent:
Gino Cavallaro | Associate Director
0488 103 301
UNITS TO BE CONSTRUCTED FROM 63 – 680SQM
coutts.com.au 8811 0200
Brett Beazley | Associate Director and Head of Sales & Leasing 0414 276 [email protected]
Fabian Swaleh | Associate Director0488 188 [email protected]
Marvian Rusli | Sales & Leasing Executive 0422 558 [email protected]
Erin Tuynman | PA to Brett Beazley0411 277 [email protected]
Thomas Muller | Associate Director0488 099 [email protected]
Jake McGloin | Sales & Leasing Associate0409 930 [email protected]
We are committed to ensuring we maximise the benefits for you, the property investor. We are more than merely rent
collectors and this is evident from our day-to-day management of your asset which provides the following:
• Maintaining cash flow
• Handling initial, periodic and final inspections to ensure your property is maintained
• Minimising vacancy factors
• Open communication between Lessee and Lessor to ensure a strong relationship
• Providing detailed monthly statements with banking requirements of your choice
• Negotiating new leases
• Implementing and negotiating rent reviews
• Analysing, control and recovery of outgoings
• Resolving disputes
• Maintaining the property and having repairs carried out quickly to a professional standard
• Ensuring arrears are minimised and controlled
• Paying of outgoings on owners behalf out of monies received
• Liaising with strata managers (where relevant) to ensure common property issues are quickly rectified
• Issuing of annual income and expenditure reports to assist with owners’ tax compliance
As part of the service and unlike most agencies, we disburse monies to our owners on a daily basis should they wish. We
provide to you a statement providing all details relating to the rent payment, GST and disbursements.
With over 1,400 properties under management, we are amongst the most active of specialist commercial agents in our core
markets. Combined with access to up to date and accurate sales and leasing data (obtained from our sales and leasing
agents and third party resources), we are very well placed to negotiate for you the best terms when a lease is being
renewed or market reviews assessed. In such negotiations “knowledge is power”. Our objective is firmly on retaining your
sitting tenant as we consider it highly unethical to “churn” tenants between properties.
Representatives from our property management department will be available at the auction to discuss your needs.
NORWEST COMMERCIAL& INDUSTRIAL SALES TEAM
Wayne Mangion | Associate Director 0488 111 [email protected]
Garry Norman | Sales & Leasing Executive 0416 738 661 [email protected]
Gino Cavallaro | Associate Director 0488 103 [email protected]
Sarbjet Thind | Sales & Leasing Executive 0448 404 [email protected]
James Bendell | Sales & Leasing Executive 0411 240 [email protected]
Beaumont Strata Management have been managing strata and community title properties for over 35 years, most recently
concentrating on commercial and industrial properties and select residential estates.
We manage over 160 complexes totalling over 4,500 individual units.
At Beaumont Strata Management, we consider that the delivery of high quality service is key to the successful management
of a complex. This means:
• We work closely with the Strata Committee, owners and tenants to ensure that the complex runs to expectation. We
take a proactive approach to management so as not to distract the owners/occupants from managing their businesses.
• Each of our strata managers handles a relatively small number of strata plans all of which are located within a short
distance of each other and our offices – as a result, our managers can devote more time and attention to ensuring the
complex is maintained to the standard owners expect. Because we don’t chase business across town, our managers are
regularly on-site and deal with matters before they become major issues.
• We manage mainly commercial/industrial and retail complexes – this is a specialist skill that we have developed.
• We have excellent relationships with local contractors, a number of whom work exclusively for us – this ensures that
emergencies are dealt with within short timeframes at any time of the day or night, weekday or weekend. We have
excellent relationships with insurers and use our buying power to get the best deals for our clients. We are often able to
get savings for strata schemes that more than covers our fee.
• We understand the relevant legislation and regulations – we know how laws are to be interpreted and ensure compliance
with those laws.
• We use state of the art technology that ensures that the bookkeeping and tax matters are dealt with appropriately, work
orders are appropriately logged and dealt with, pertinent information is stored and owners can pay their levies by
telephone or internet banking at a time that suits them. Owners can retrieve their information through our web portal.
Our portfolio is growing quickly as our attention to detail and high quality of service is recognised by developers, owners
and tenants alike.
We would be delighted to discuss with you how our team can add value to the management of your property.
COUTTS SALES TEAM
Ray Mayer | Sales & Leasing Executive0488 110 [email protected]
Sam Bechara | Sales & Leasing Executive 0488 110 [email protected]
Caleb Fleet | Sales & Leasing Associate0423 233 [email protected]
Patrick Brush | Head of Sales & Leasing0408 226 [email protected]
Alecia Goodman | General Manager0488 099 [email protected]
Mark Perminov | General Manager0404 010 [email protected]
WITH FOUR OFFICES,WE’VE GOT
WESTERN SYDNEY COVERED
14 September 2017
14 September 2017
14 September 2017
Novotel Sydney Norwest
1 Columbia Court,
Baulkham Hills NSW 2153
VENUE
Director
0407 300 642
Distinguished by his natural confidence and unwavering
dedication to achieving exceptional results, Leon Axford
is an auctioneer that will go the extra mile to see his
clients realise their goals.
With a successful background in real estate working in
the industrial and commercial market, Leon's perfectly
executed auctions are tribute to his extended real estate
knowledge and passion for being an auctioneer.
Leon’s highly adaptive approach is invaluable in the
ever -changing auctioneering arena, along with his intui-
tive communication skills essential for negotiating with
bidders and maximizing results.
Conducting in excess of 400 auctions per annum gives
Leon the experience to implement and execute the
perfect strategy each and every auction.
As a consummate professional, it comes as no surprise
that Leon’s clearance rate consistently exceeds all
industry averages.
PO Box 550
Hornsby NSW 1630
Leon Axford
ENTRIES INVITEDAre you considering selling your
commercial or industrial property?
We are now accepting entries for our Summer Auction.
If you are considering selling, we would be delighted to hear from you.
WITH FOUR OFFICES,WE’VE GOT
WESTERN SYDNEY COVERED
Norwest Commercial & Industrial Real Estate Pty Ltd
Suite 5, 38 Brookhollow Avenue,Norwest Business Park,
BAULKHAM HILLS NSW 2153
PO Box 7591, Baulkham Hills BC NSW 2153
T: (02) 9899 1699
www.norwestcommercial.com.au
F: (02) 9899 3778E: [email protected]
www.coutts.com.au
Coutts Westside
1-33 Holberche RoadARNDELL PARK NSW 2148
T: 8811 0200F: 8811 0209E: [email protected]
Coutts Hills
31/10 Gladstone RoadCASTLE HILL NSW 2154
T: 9634 3888F: 9899 3585E: [email protected]
Coutts Wetherill Park
3/447 Victoria StreetWETHERILL PARK NSW 2164
T: 9756 3330F: 9756 3390E: [email protected]
Coutts CastleCorp
F126/24-32 Lexington DriveBELLA VISTA NSW 2153
T: 8883 4000F: 8883 4111E: [email protected]