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O C R H Id Av 34 34 OR CH ID AVE INFORMATION MEMORANDUM FEBRUARY 2017 34 ORCHID AVE, SURFERS PARADISE, QLD 34 OR CH ID AVE / 01 THE OPPORTUNITY / 02 EXECUTIVE SUMMARY / 03 LOCATION & CONTEXT / 04 3D PERSPECTIVES / 05 ARCHITECTURAL DRAWINGS / 06 DEVELOPMENT ANALYSIS / 07 EXISTING FLOOR PLANS 2 THE01 OPPORTUNITY 34 OR CH ID AVE 3 34 ORCHID AVE, SURFERS PARADISE, QLD THE OPPORTUNITY SURFERS PARADISE, AUSTRALIA • 12 million visitors annually BRISBANE • 76% more arrivals than the next highest Gold Coast NORTH STRADBROKE ISLAND precinct DARWIN • Australia’s premier lifestyle and vacation E V I R destination D S N I M SOUTH STRADBROKE ISLAND 0 6 QLD GOLD COAST ECONOMY SOUTHPORT BRISBANE • Largest contribution to SEQ population growth over GOLD COAST MAIN BEACH the last 15 years – 17.2% SURFERS PARADISE PERTH E V I R ADELAIDE D SYDNEY • 8 hospitals - $2Bn invested in health CANBERRA S N BROADBEACH I MELBOURNE M 0 BURLEIGH HEADS $11Bn in Public and Private Infrastructure projects 3 • GOLD COAST COOLANGATTA AIRPORT • 3 major university campuses – 50,000 students HOBART • Over 100 schools • Host to Commonwealth Games in 2018 | THEME PARKS | CASINO | SURFING | NIGHT LIFE | RESTAURANTS | FAMILY FRIENDLY Surfers Paradise is near the midpoint of the Gold Coast and is one of the city’s largest urban communities. It is globally recognised as a tourist icon. 4 34 ORCHID AVE, SURFERS PARADISE, QLD THE OPPORTUNITY 34 Orchid Avenue, Surfers Paradise, Queensland Australia The Gold Coast is clean, green and bursting with life. An internationally recognised tourism city, the Gold Coast is a coastal city in south eastern Queensland on the east coast of Australia. It is the second most populous city in the state, the sixth most populous city in the country, and the most populous non-capital city and cross-state metropolitan area in Australia. The Gold Coast metropolitan area converges with that of Greater Brisbane, forming part of an urban conurbation of over 3 million people. Surfers Paradise is near the midpoint of the Gold Coast and is one of the city’s largest urban communities. It is globally recognised as a tourist icon. 5 EXECUTIVE02 SUMMARY 34 OR CH ID AVE 6 34 ORCHID AVE, SURFERS PARADISE, QLD EXECUTIVE SUMMARY Address 34 Orchid Avenue, Surfers Paradise, Queensland Australia 4217 City Gold Coast RPD Lots 3 on RP53279 Beneficial Easement 212062 over Lot 4 on RP 209406 Parish Gilston Land Area 473 square metres Frontage 15 metres plus easement to car park Building NLA 819 square metres Balconies 21 square metres Plant Rooms 24 square metres Total 864 square metres approximately Basement 13 car parks plus plant room, Janitors office and store Building Highly exposed ground floor retail plus 2 levels of office with separate entry and facilities for each level. Area Classification City Centre Maximum Building Height HX – Height unlimited Usage Ground Floor Retail plus 2 levels of Office Construction Masonry building constructed to the side boundaries with front and rear alignment set-back. Nett Annual Rental $236,210 as at October 2016 with vacancy TO BE SOLD BY VIA EXPRESSIONS OF INTEREST Closing 4.00 pm Wednesday 12 April 2017 7 34 ORCHID AVE, SURFERS PARADISE, QLD INTRODUCTION City Commercial Real Estate proudly presents 34 Orchid Avenue, Surfers Paradise, Gold Coast, Queensland, Australia to local and international investors. The prestige and pride of ownership in & PROPERTY securing such a strong investment in The Central Business District of Australia’s premier Beach OVERVIEW Resort City are bolstered by obvious future precinct improvements. The ownership advantages of this outstanding property are self-promoting and will be high-lighted and released to investors through all available media. This high profile property offers huge opportunity for investors, developers and owner/occupiers to capitalise on many ownership advantages including the World-wide marketing of the Gold Coast 2018 Commonwealth games as well as taking advantage of the highest building density on the Gold Coast, infrastructure upgrades, proximity to the beach, Cavill Avenue retail upgrade, proximity to light rail and station and access to the highway and International Airports. An ideal investment opportunity for developers, owner occupiers or local, national or international investors with significant holding income. The Building – An extremely well maintained 3 level masonry structure with a beneficial easement over the adjoining property to provide access to a basement car park. Each level has the capacity for clear span space, which was utilised by a previous tenant as a 3 level art gallery. Ground Floor – 2 tenancy areas providing street level retail for 2 long standing successful businesses – Access easement to basement carpark First Floor – Office tenancy areas opening out to balconies over-looking Orchid Avenue. Second Floor – Office tenancy areas with large plate glass windows over-looking Orchid Avenue. While the buildings style blends in well with other buildings in the precinct, it is obvious that the land is vastly under-utilised in its current form. The high-rise nature of some of the neighbouring properties indicates a much higher usage for the land as proposed in the attached link to a practical and highly innovative development concept. CONTACT LEX DUNCAN PHONE 07 3268 4277 MOBILE 0412 734 573 Email [email protected] Website www.citycommercialre.com.au 8 34 ORCHID AVE, SURFERS PARADISE, QLD 9 BRISBANE NORTH STRADBROKE ISLAND SOUTH STRADBROKE ISLAND LOCATION03 & CONTEXT THE SPIT MAIN BEACH SURFERS PARADISE 34 BROADBEACH OR BURLEIGH HEADS CH COOLANGATTA ID AVE GOLD COAST AIRPORT 10 LIGHT RAIL CORRIDOR LOCATION & CONTEXT ENTERTAINMENT PRECINCT SOUTHPORT GOLF COURSE CHEVRON ISLAND SUBJECT SITE 34 ORCHID AVE, SURFERS PARADISE, GOLD COAST HIGHWAY QLD AUSTRALIA SURFERS PARADISE GOLD COAST CULTURAL PRECINCT GOLD COAST TURF CLUB ISLE OF CAPRI 11 34 ORCHID AVE, SURFERS PARADISE, QLD LOCATION & CONTEXT SUBJECT SITE 34 ORCHID AVE SURFERS PARADISE, QLD AUSTRALIA GOLD COAST HIGHWAY THE MOROCCAN / 11 STOREYS ELKHORN AVE CHATEAU / 20 STOREYS CHEVRON RENAISSANCE / 50 STOREYS SURFERS PARADISE BEACH SURFERS PARADISE BLVD ESPLANADE ORCHID AVE ORCHID THE SANDS / 11 STOREYS CHEVRON RENAISSANCE / 40 STOREYS CHEVRON RENAISSANCE / 40 STOREYS GROSVENOR / 15 STOREYS ZENITH / 20 STOREYS CIRCLE ON CAVILL / 70 STOREYS CIRCLE ON CAVILL / 50 STOREYS SOUL / 77 STOREYS HILTON / 57 STOREYS CAVILL AVE HILTON / 34 STOREYS GOLD COAST LIGHT RAIL TRACK GOLD COAST LIGHT RAIL STATION 12 34 ORCHID AVE, SURFERS PARADISE, QLD LOCATION & CONTEXT ELKHORN AVE REDEVELOPED CHEVRON RENAISSANCE SUBJECT SITE SURFERS PARADISE BLVD PARADISE SURFERS ORCHID AVE ORCHID BEACH REDEVELOPED CIRCLE ON CAVILL SOUL REDEVELOPED HILTON 13 34 ORCHID AVE, SURFERS PARADISE, QLD Q1 CIRCLE ON CAVILL HILTON SOUL SUBJECT SITE 34 ORCHID AVE SURFERS PARADISE, QLD AUSTRALIA 14 34 ORCHID AVE, SURFERS PARADISE, QLD SUBJECT SITE 15 34 ORCHID AVE, SURFERS PARADISE, QLD SITE PHOTOGRAPHS ELKHORN ELKHORN ELKHORN SUBJECT SUBJECT SUBJECT SITE SITE SITE ORCHID AVE ORCHID AVE ORCHID AVE ORCHID 16 34 ORCHID AVE, SURFERS PARADISE, QLD SITE PHOTOGRAPHS ELKHORN ELKHORN ELKHORN SUBJECT SUBJECT SUBJECT SITE SITE SITE ORCHID AVE ORCHID AVE ORCHID AVE ORCHID 17 043D PERSPECTIVES 34 OR CH ID AVE 18 34 ORCHID AVE, SURFERS PARADISE, QLD 3D PERSPECTIVE 19 34 ORCHID AVE, SURFERS PARADISE, QLD 3D PERSPECTIVE 20 34 ORCHID AVE, SURFERS PARADISE, QLD 3D PERSPECTIVE 21 34 ORCHID AVE, SURFERS PARADISE, QLD 3D PERSPECTIVE 22 34 ORCHID AVE, SURFERS PARADISE, QLD 3D PERSPECTIVE 23 RETAIL ORCHID AVE BOH RECEPTION LOBBY ARCHITECTURAL DRAWINGS B1 05 EXIT OFFICE TOWER EXIT 1 TOWER EXIT 2 34 OR CH ID AVE 24 0 0.5 1 1.5 34 ORCHID AVENUE GROUND FLOOR LEVEL 1 PLAN A R C H I T E C T U R E FEB 2017 1 7 5 0 0 5 A -CD -2-301 1 : 50 @ A1 © DBI DESIGN PTY LTD 34 ORCHID AVE, SURFERS PARADISE, QLD GROUND FLOOR LEVEL 1 RETAIL ORCHID AVE BOH RECEPTION LOBBY B1 EXIT OFFICE TOWER EXIT 1 TOWER EXIT 2 26 ORCHID AVENUE, SURFERS PARADISE LOT 4 RP 209406 THE FORUM 0 1 2 3 25 1:100 @A3 0 0.5 1 1.5 34 ORCHID AVENUE GROUND FLOOR LEVEL 1 PLAN A R C H I T E C T U R E FEB 2017 1 7 5 0 0 5 A -CD -2-301 1 : 50 @ A1 © DBI DESIGN PTY LTD 34 ORCHID AVE, SURFERS PARADISE, QLD BASEMENT LEVEL B1 CAR LIFT BASEMENT LEVEL B1 ORCHID AVE 6000 6 VISITOR PARKING SPACES 1000 LIFT LOBBY SWITCH FIRE ROOM 6000 STAIR EXISTING RAMP TO L1 - GROUND FLOOR 0 1 2 3 26 1:100 @A3 0 0.5 1 1.5 34 ORCHID AVENUE BASEMENT LEVEL B1 PLAN A R C H I T E C T U R E 02/03/17 1 7 5 0 0 5 A -CD -2-300 1 : 50 @ A1 © DBI DESIGN PTY LTD 34 ORCHID AVE, SURFERS PARADISE, QLD BASEMENT LEVEL B2 - B4 5900 5900 5900 5900 2300 CAR TURN TABLE ABOVE 2300 BASEMENT LEVEL B2 - B4 - CAR STACKING SYSTEM ORCHID AVE 15 CARS PER LEVEL 45 RESIDENT PARKING SPACES TOTAL 2800 CAR LIFT ENTRY POINT 2300 2300 FIRE STAIR ACCESS AT BASEMENT LEVEL B4 0 1 2 3 27 1:100 @A3 0 0.5 1 1.5 34 ORCHID AVENUE B2 - B4 TYPICAL PLAN A R C H I T E C T U R E 02/03/17 1 7 5 0 0 5 A -CD -2-299 1 : 50 @ A1 © DBI DESIGN PTY LTD 34 ORCHID AVE, SURFERS PARADISE, QLD LEVEL 2 PODIUM VOID OVER RETAIL BOH / PLANT CIRCULATION BOH / PLANT TOWER EXIT 1 TOWER EXIT 2 0 1 2 3 28 1:100 @A3 0 0.5 1 1.5 34 ORCHID AVENUE LEVEL 2 PODIUM PLAN A R C H I T E C T U R E 02/03/17 1 7 5 0 0 5 A -CD -2-302 1 : 50 @ A1 © DBI DESIGN PTY LTD 34 ORCHID AVE, SURFERS PARADISE, QLD LEVEL 3 TERRACE PLAN O N N J K K L C I A E F H M D B G P LEGEND A.
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