INFORMATION MEMORANDUM

74 ANNERLEY ROAD
WOOLLOONGABBA
BRISBANE 4102

74 Annerley Road, Woolloongabba, QLD, 4102 1

 INFORMATION MEMORANDUM

74 ANNERLEY ROAD
WOOLLOONGABBA
BRISBANE 4102
 CONTENTS
Executive Summary 06

The Opportunity 08

The Space 10

Financial Summary 13

Floor Plan 14

Nearby Development 18

The City of Brisbane 25

Disclaimer 26

Expression of Interest Form 29

Information Memorandum 4 74 Annerley Road, Woolloongabba, QLD, 4102 5

EXECUTIVE SUMMARY

ADDRESS

74 Annerley Road Woolloongabba, QLD, 4102

RPD

Lot 5 on RP 119308

LAND AREA

921m²*

BUILDING AREA

620m²*

CAR PARKS

10 on-site

ZONING

Mixed-Use

NET INCOME

$103,150 per annum + GST

SALE METHOD

Expressions of Interest closing

4pm 10th August 2021

*approx

Information Memorandum 6 74 Annerley Road, Woolloongabba, QLD, 4102 7

THE OPPORTUNITY
74 Annerley Road is an extremely exciting opportunity, offering a land
rich holding with genuine upside and strong holding income to the astute
purchaser.

Situated within close proximity of multiple infrastructure projects,

hospitals and schools, the asset is perfectly positioned for a value add
investment, owner occupiers or land bank developers.

KEY FEATURES INCLUDE

921 sqm regular shaped land holding

620 sqm* building area

31 m frontage

Mixed use zoning offering flexible uses and development upside STCA

Holding income from existing tenant

Walking distance to Mater Hospital and Park Road train station

10 on site car parks

DUE DILIGENCE INFORMATION

Please refer to the below dropbox link or scan the QR code

with your device for additional due diligence information:

https://www.dropbox.com/sh/32uj2ekg2e6fs2u/AADCvqG-
TZEYjubfiPpAfJPtta?dl=0

*approx

Information Memorandum 8 74 Annerley Road, Woolloongabba, QLD, 4102 9

 THE SPACE

Fringe Value Add or

Owner Occupier Gem

Information Memorandum 10
 FINANCIAL SUMMARY

TENANCY SCHEDULE

Tenant King’s Institute of Management and Technology

Net Rental $131,800.00 + GST p.a

Lease Term 2 Years

Option Period 2 Years

Lease Expiry 31/03/2022

Demolition Notice Period 6 months

SUMMARY

Income $131,800.00 + GST p.a

Less Total Outgoings $50,850.00 p.a*

Plus Recoverable Outgoings $22,200.00 p.a*

Net Income $103,150.00 + GST p.a*

*Boundary area markings are approximate
*approx

Information Memorandum 12 74 Annerley Road, Woolloongabba, QLD, 4102 13

FLOOR PLAN

Information Memorandum 14 74 Annerley Road, Woolloongabba, QLD, 4102 15

Information Memorandum 16 74 Annerley Road, Woolloongabba, QLD, 4102 17
 NEARBY DEVELOPMENTS

Aged Care and Wellness

Centre: 52-64 Annerley Road,
Woolloongabba

A new development application has been lodged for an

Aged Care and Wellness Centre, located on Annerley
Road, Woolloongabba.

Designed by Kris Kowalski Architects, the proposal seeks a Residential Care and Retirement Facility and
Centre Activities (Health Care Service, Shop, Office, Food and Drink Outlet) integrated within two (2)
buildings that form one combined tower, with an overall maximum building height of 12 storeys.

The proposal has road frontage to Lockhart Street, Heaslop Street and Annerley Road, which has been
set back to allow landscaping, street trees and separate building entrances. The existing two (2) storey
retail/commercial tenancies will be removed to facilitate the proposed development.

The planners at Cardno Group, state, “Defining the street edge is typically associated with the interface
the development provides at ground and podium levels, being the human scale interface to the street.
At ground level the development provides active uses, with glazed frontages and openings to all street
frontages. Along Annerley Road the development proposes substantial planting to create a subtropical
boulevard outcome. The landscaping and setback along Annerley Road will also contribute a useable
“outdoor room” between the streetscape and the façade for pedestrians”.

The proposal allows for 16,822sqm of Gross Floor Area, a site coverage of 2,291sqm (89.1%) of the overall
2,570sqm site area.

FOR MORE INFORMATION REGARDING THE PROJECT VISIT THE LINKS BELOW:

http://www.yourneighbourhood.com.au/52-64annerleyroad-woolloongabba/

https://southbanknews.com.au/new-health-care-aged-care-facility-proposed-woolloongabba/

Sources: Southbank News & oY ur Neighbourhood

Information Memorandum 18 74 Annerley Road, Woolloongabba, QLD, 4102 19

Cross River Rail

SEQ’s Number 1 Infrastructure Project - A new 10.2

kilometre rail line from Dutton Park to Bowen Hills.

The $5.4 Billion Cross River Rail is a new 10.2 kilometre rail line from Dutton Park to Bowen Hills, which
includes 5.9 kilometres of twin tunnels under the Brisbane River and CBD. By unlocking the bottleneck
at the core of the transport network, Cross River Rail will allow more trains to run more often to enable a
turn-up-and-go transport system for the whole of South East Queensland.

The population in South East Queensland is forecast to grow from 3.5 million today to 4.9 million in 2036.
While over 80 per cent of that growth is occurring outside the Brisbane local government area, in the
same time period 45 per cent of SEQ jobs growth will be concentrated inside the Brisbane metropolitan
area. Revitalising precincts around the new stations at Albion, Boggo Road, Woolloongabba, Albert Street,
Roma Street and the year-round upgraded station at Exhibition.Cross River Rail has progressed from early
works into major construction and is now well on its way to being delivered. The project is expected to
have active worksites established at 18 locations by the end of 2021.

FOR MORE INFORMATION REGARDING THE PROJECT VISIT THE LINKS BELOW:

https://www.crossriverrail.qld.gov.au/

https://www.crossriverrail.qld.gov.au/wp-content/uploads/2017/07/Information-Sheet-Woolloongabba.pdf

Source: QLD State Government

Information Memorandum 20 74 Annerley Road, Woolloongabba, QLD, 4102 21

 Brisbane South State
Secondary College

The Brand New Brisbane South State Secondary

College will set the new standard in education for
students as part of the inner Brisbane secondary
schools network.

In collaboration with The University of Queensland (UQ), and supported by the best and most respected
research facilities and institutions in Australia Brisbane South State Secondary College is setting the new
standard for education, readying curious minds for their desired future — now, and for the long term.

Located at the heart of Brisbane’s Knowledge Corridor, BSSSC are surrounded and supported by the
best and most respected research facilities and institutions in Australia. Strengthened by collaborations
with the University of Queensland, they share a responsibility to prepare our students for their future and
inspire them to lead positive change.

As a proud community of leaders and educators in science, technology, engineering, mathematics,

medicine – STEM(M), and the arts and research, equipping our future generations with the flexibility and
agility they need to connect, contribute and leave their mark on the world.

FOR MORE INFORMATION REGARDING THE PROJECT VISIT THE LINKS BELOW:

https://brisbanesouthssc.eq.edu.au/

https://greenslopesnews.com.au/catchment-plan-for-inner-city-south-state-secondary-college-in-dutton-park-

Sources: Brisbane South Secondary College

Information Memorandum 22 74 Annerley Road, Woolloongabba, QLD, 4102 23

 THE CITY OF BRISBANE

Brisbane is Australia’s third largest city

and more importantly Australia’s closest
capital city to Asia. As the state capital of
Queensland, Brisbane is a vibrant, buoyant,
and exciting city that is fast becoming known
as “Australia’s new world city”.

Information Memorandum 24 74 Annerley Road, Woolloongabba, QLD, 4102 25

DISCLAIMER
The information in this Information Memorandum
and any other written or verbal information
given in respect of the Properties referred
to in this Information Memorandum (the
Information) is provided to you (the Recipient)
on the following conditions:
Information Memorandum
1. The Property is sold on an “as is/where is”
condition (that is, in its present condition and
subject to all legal and physical defects).
2. No assurance, representation, warranty or
guarantee (express or implied) is given by
the Vendor or C Property Qld or any of their
respective officers, partners, employees or
consultants (collectively referred to as the
Parties) or any other person or entity that
the Information, whether or not in writing, is
complete, accurate or balanced, or has or will
be audited or independently verified, or that
reasonable care has been or will be taken
in compiling, preparing and furnishing the
Information.
3. The Information does not constitute,
and should not be considered as a
recommendation in relation to the purchase
of the property or any other matter, or as a
solicitation or offer to sell the Property or a
contract of sale for the Property.
4. The Information shall not constitute an
assurance, representation, warranty or
guarantee that there has been no change in
the Property or in the matters referred to in
the Information since the date at which the
Information is expressed to be stated.
5. None of the Parties assume any obligation
to the Recipient to provide additional
Information or updated Information or to
correct any inaccuracies in the Information
which may become apparent.
6. The Information should not be relied
upon in any way by the Recipient or its
related entities, their respective officers,
employees, agents, advisors, shareholders,
and associates, (collectively the Recipient
Parties). The Recipient Parties should
satisfy themselves as to the accuracy and
completeness of the Information through
inspections, surveys, enquiries, and searches
by their own independent consultants,
7. The Information does not purport to contain
all of the details which the Recipient would
require to make a decision to make an offer
to purchase the Property. Recipients should
seek independent legal and financial advice.
26
8. Not all fixtures and fittings on the Properties
may be available for sale and the Vendor
reserves the right to remove any item on the
Property from Sale at any time.
9. None of the Parties make any representations
or warranties with respect to fixtures, fittings,
plant and equipment.
10. None of the Parties may any representations
or warranties with respect to the continuation
or enforceability of any licence, lease, supply,
service, consultancy, certification, standard,
approval or other agreement referred to in
this Information Memorandum following
completion of the Contract of Sale for the
Sale of the Property.
11. None of the Parties make any representations
or warranties with respect to the legality of
the current use of the Properties or the ability
of any purchasers to redevelop the Property.
12. The Information does not and will not form
part of any Contract of Sale of the Property. If
any Recipient Party makes an offer or signs a
Contract of Sale for the sale of either Property
or Both, that Recipient Party represents that
it is not relying on the Information supplied by
any of the Parties (unless otherwise agreed in
a written contract with the Vendor). The only
information, representations and warranties
upon which the Recipient Parties will be
entitled to rely will by expressly set out in
such a contract.
13. Recipients will be responsible for meeting
their own costs of participating in the sale
process for the Properties. The Parties shall
not be liable to compensate any Recipient
Parties for any costs or expenses incurred
in reviewing, investigating or analysing any
Information, whether that Information is
contained in this Information Memorandum or
otherwise.
14. None of the Parties are liable to compensate
or reimburse the Recipient Parties for any
liabilities, costs or expenses incurred in
connection with the sale of the Properties.
15. Except as may be expressly provided in any
agreement in writing between the Parties and
the Recipient, the Recipient acknowledges
and agrees (for itself and the other parties)
that to the maximum extent permitted by
law, all terms, conditions, warranties and
statements, whether express, implied, written,
oral, collateral, statutory or otherwise, relating
to the Information Memorandum and the
sale of the Property are excluded, and each
of the Parties disclaim all liability for any loss
or damage arises in connection with any
negligence, default or lack of care on the part
of the Parties, any misrepresentation or any
other cause, by reason of, or in connection
with, the provision of the Information or by
the purported reliance thereon by any of the
Recipient Parties.
16. No person is authorised to give information
other than the Information Memorandum or in
another brochure or document authorised by
the Vendors. Any statement or representation
by an office, agent, supplier, customer,
relative or employee of the Vendor will not by
binding on the Vendor.
17. The Information is confidential. The
Information must not be reproduced,
transmitted or otherwise made available or
communicated to any person other than the
Recipient Parties without the prior written
approval of the Vendors. The Recipients
acknowledge and agree that upon deciding
that they do not wish to proceed with the
purchase of the Properties, or at the request
of the Parties, they will immediately return the
Information together with any reproduction
thereof.
18. To the extent that any of the above
paragraphs may be construed as being a
contravention of any law of the State or the
Commonwealth, such paragraphs should be
read down, severed or both as the case may
require and the remaining paragraphs shall
continue to have full force and effect.
19. This disclaimer is additional to the contract
and survives execution of a Contract of Sale
for the sale of the Property.
27
 EXPRESSION OF INTEREST FORM

To be lodged at the office of C Property QLD

Property 74 Annerley Road Woolloongabba, QLD, 4102

Purchasing Entity

Purchase Price

Deposit

Settlement Date

Conditions

Signed Date

A 1/102 Commercial Road, Teneriffe QLD 4005

P 07 3216 1203
F 07 3036 6558
E reception@cpropertyqld.com.au
*Boundary area markings are approximate W www.cpropertyqld.com.au

Information Memorandum 28 74 Annerley Road, Woolloongabba, QLD, 4102 29

GET IN TOUCH

For more information or to inspect, contact the Exclusive

Marketing Agents & Inner-City Specialists C Property.

CARL CHARALAMBOUS

PRINCIPAL

M 0422 804 462

P 07 3216 1203
E carl@cpropertyqld.com.au
W www.cpropertyqld.com.au

JOE KENNEDY

ASSOCIATE DIRECTOR

M 0488 627 620

P 07 3216 1203
E joe@cpropertyqld.com.au
W www.cpropertyqld.com.au

SAM CALLANAN

ASSOCIATE DIRECTOR

M 0422 472 916

P 07 3216 1203
E sam@cpropertyqld.com.au
W www.cpropertyqld.com.au

Information Memorandum 30 74 Annerley Road, Woolloongabba, QLD, 4102 31

 WWW.CPROPERTYQLD.COM.AU

Information Memorandum 32