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INFORMATION MEMORANDUM FEBRUARY 2017 34 ORCHID AVE, SURFERS PARADISE, QLD

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/ 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

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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

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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

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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

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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. DINING MEETING ROOM G. POOL PLANT / STORE ROOM M. SCULPTURE FOCAL POINT B. KITCHEN H. POOL N. FEATURE TREE C. RESIDENTS LOUNGE / MEDIA ROOM I. POOL CONCOURSE O. PALM CLUSTER D. LIFT LOBBY J. SUN TERRACE P. GREEN WALL E. TOILET / CHANGE ROOMS K. LOUNGE PODS F. GYM L. BBQ TERRACE

0 1 2 3 29 1:100 @A3 34 ORCHID AVE, SURFERS PARADISE, QLD LEVEL 4 - 25 TYPICAL FLOOR PLAN

0 1 2 3 30 1:100 @A3 34 ORCHID AVE, SURFERS PARADISE, QLD SECTIONS

LEVEL 27 - LIFT OVERRUN 82000

4000 FIRE STAIR LEVEL 26 - ROOF

78000 7000

3000 UNIT 1A LEVEL 25 75000

3000 UNIT 1A LEVEL 24 72000

3000 UNIT 1A LEVEL 23 69000

3000 UNIT 1A LEVEL 22 66000

3000 UNIT 1A LEVEL 21 63000

3000 UNIT 1A LEVEL 20 60000

3000 UNIT 1A LEVEL 19 57000

3000 UNIT 1A LEVEL 18 54000

3000 UNIT 1A LEVEL 17 51000

3000 UNIT 1A LEVEL 16 48000 LEVEL 6

3000 UNIT 1A 18000 LEVEL 15 45000

3000 UNIT 1A LEVEL 14 3000 42000 LEVEL 5

3000 UNIT 1A 15000 LEVEL 13 39000

3000 UNIT 1A LEVEL 12 3000 36000 LEVEL 4

3000 UNIT 1A 12000 LEVEL 11 33000

3000 UNIT 1A

LEVEL 10 3300 30000

3000 UNIT 1A LEVEL 3 LEVEL 9 8700 27000

LEVEL 3 POOL BASE POOL 1200

3000 UNIT 1A 7500 LEVEL 8 24000 4200

3000 UNIT 1A LEVEL 7 BOH 21000 AWNING LEVEL 2 TO 3000 UNIT 1A 4500 LEVEL 6 18000 ORCHID 7300 AVE 3000 UNIT 1A LEVEL 5 15000 4500 BOH RECEPTION RETAIL 4450

3000 UNIT 1A LEVEL 4 12000 LEVEL 1

3300 LOUNGE 0 LEVEL 3 8700

LEVEL 3 POOL BASE 12003000 7500 3000 4200 BASEMENT LEVEL B1 LEVEL 2 BASEMENT LEVEL 1 4500 -3000 7500

RETAIL 1700 4500 B2 BASEMENT LEVEL 2 LEVEL 1 RAMP -4700 0 TO B1 B3 5100 17001700

30001700170017002000 B1 BASEMENT LEVEL 3 BASEMENT LEVEL 1 -6400 -3000 BASEMENT LEVEL 2 B2 -4700 B4 BASEMENT LEVEL 4 BASEMENT LEVEL 3 B3 5100 -8100 -6400 BASEMENT LEVEL 4 B4 -8100 2000 B5 - MAITENANCE PIT B5 - MAITENANCE PIT -10100 -10100

0 0 4 8 12 2 4 6 31 1:400 @A3 1:200 @A3

0 34 ORCHID AVENUE SECTIONS A R C H I T E C T U R E 02/03/17 1 7 5 0 0 5 A -CD -4-101 As indicated @ A1 © DBI DESIGN PTY LTD DEVELOPMENT06 ANALYSIS

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32 34 ORCHID AVE, SURFERS PARADISE, QLD DEVELOPMENT SCHEDULE

34 ORCHID AVE - DEVELOPMENT ANALYSIS

PARKING ANALYSIS DEVELOPMENT ANALYSIS

PARKING OP A PARKING OP B LEVEL PROGRAM GFA GBA (Stacking System) (Car Lift) (sqm) (sqm) Land Area 473sqm 473sqm Basement B1 492 B4 492

No. Of Levels Level 1 Core / BOH 147 147 Podium 2 2 Retail 194 194 Tower Recreation 1 1 Lobby / Reception 102 102 Tower Units 22 11 Total 25 14 Level 2 Core / Plant 254 254 Void over Retail 191 No. Of Units 66 33 1 Bed 22 11 Level 3 Core / Circulation 77 2 Bed 44 22 Resident Facilities 145 Unit Types Landscape Terrace 250 1A 58sqm 58sqm 2A 78sqm 78sqm Level 4-25 Unit Area Balc. Total No. of Levels 2B 75sqm 75sqm 1A 58 11 69 22 1276 1518 2A 78 46 124 22 1716 2728 No. Of Car Parks 50 31 2B 76 43 119 22 1672 2618 B1 5 7 B2 15 8 Core / Circulation 77 22 1694 1694 B3 15 8 B4 15 8 TOTAL 7277 10680

33 EXISTING07 FLOOR PLANS

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34 34 ORCHID AVE, SURFERS PARADISE, QLD BASEMENT CARPARK

32.5

Plant

Plant

1 2 3 4 5 6 7 8

11 AVENUE

10

20.5 Information Schedule

Total Number of Car Parks 13

12 13 9

RampUpto Plant Orchid Avenue Roller Shutter 5.2m w x 2.1m h ORCHID

0 2 4 6 8

Disclaimer: This plan has been prepared for marketing purposes only. Interested parties should undertake their own enquiries as to SCALE 1 : 150 the accuracy of the information. Areas are approximate and dimension rounding may result in area discrepancies.

Plan Date: 20/12/2016 Australia New Zealand Building Measurement Specialist Consulting Land Surveyors35 Prepared BASEMENT CARPARK Ref: 62115 Rev: 0 3D Laser Scanning For: 34 Orchid Avenue Drawn: AB Checked: CH SURFERS PARADISE, QLD Start confident. ph. 07 3399 3305 Scale: 1:150 @ A3 Sheet: 1 of 4 www.realserve.com.au 34 ORCHID AVE, SURFERS PARADISE, QLD GROUND FLOOR PLAN

26.4

Adjoining Tenancy

Suite G.02 Retail 7.9

Plant (Excluded) Information Schedule AVENUE 14.3 Ground Floor Suite G.01 148 m² Suite G.02 215 m² Suite G.01 6.3 Retail Total Area 363 m²

Plant 9 m²

Ramp Down to Basement Carpark ORCHID

28.2

0 2 4 6 8

Disclaimer: This plan has been prepared for marketing purposes only. Interested parties should undertake their own enquiries as to SCALE 1 : 150 the accuracy of the information. Areas are approximate and dimension rounding may result in area discrepancies.

Plan Date: 20/12/2016 Australia New Zealand Building Measurement Specialist Consulting Land Surveyors36 Prepared GROUND FLOOR Ref: 62115 Rev: 0 3D Laser Scanning For: 34 Orchid Avenue Drawn: AB Checked: CH SURFERS PARADISE, QLD Start confident. ph. 07 3399 3305 Scale: 1:150 @ A3 Sheet: 2 of 4 www.realserve.com.au 34 ORCHID AVE, SURFERS PARADISE, QLD FIRST FLOOR PLAN

18.8

Balcony B

Suite 1.02 Office Information Schedule First Floor Suite 1.01 AVENUE Office Suite 1.01 109 m² Suite 1.02 45 m² Suite 1.03 Suite 1.03 19 m² 14.3 Office Lobby Lobby 22 m² Tea & Amenities 39 m² Total Area 234 m² Tea Room Balcony A (Excluded) Balcony A 13 m² Female Balcony B 8 m²

Planter Box

Male ORCHID

0 1 2 3 4 5

Disclaimer: This plan has been prepared for marketing purposes only. Interested parties should undertake their own enquiries as to SCALE 1 : 100 the accuracy of the information. Areas are approximate and dimension rounding may result in area discrepancies.

Plan Date: 20/12/2016 Australia New Zealand Building Measurement Specialist Consulting Land Surveyors37 Prepared FIRST FLOOR Ref: 62115 Rev: 0 3D Laser Scanning For: 34 Orchid Avenue Drawn: NR Checked: CH SURFERS PARADISE, QLD Start confident. ph. 07 3399 3305 Scale: 1:100 @ A3 Sheet: 3 of 4 www.realserve.com.au 34 ORCHID AVE, SURFERS PARADISE, QLD SECOND FLOOR PLAN

17.3

Suite 2.03 Office Plant B (Excluded) Suite 2.04 Office Information Schedule

AVENUE Second Floor Suite 2.02 Suite 2.01 70 m² Office Suite 2.05 Suite 2.02 30 m²

14.3 Office Suite 2.03 35 m² Suite 2.04 45 m² Elec. Suite 2.05 12 m² Lobby 25 m² Lobby Tea Room 5 m² FHR Suite 2.01 Total Area 222 m² Plant A Office (Excluded) Tea Room Plant A 12 m² Plant B 3 m² ORCHID

0 1 2 3 4 5

Disclaimer: This plan has been prepared for marketing purposes only. Interested parties should undertake their own enquiries as to SCALE 1 : 100 the accuracy of the information. Areas are approximate and dimension rounding may result in area discrepancies.

Plan Date: 20/12/2016 Australia New Zealand Building Measurement Specialist Consulting Land Surveyors38 Prepared SECOND FLOOR Ref: 62115 Rev: 0 3D Laser Scanning For: 34 Orchid Avenue Drawn: NR Checked: CH SURFERS PARADISE, QLD Start confident. ph. 07 3399 3305 Scale: 1:100 @ A3 Sheet: 4 of 4 www.realserve.com.au 34 OR CH

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39 DBI DESIGN PTY LTD ACN 087 951 007 LEVEL 1, 9 TRICKETT STREET SURFERS PARADISE QUEENSLAND 4217 AUSTRALIA T 61 7 5539 9788 E [email protected] WWW.DBIDESIGN.COM.AU

COPYRIGHT NOTICE: ALL DESIGNS, DRAWINGS AND IMAGES IN THIS REPORT REMAIN THE INTELLECTUAL PROPERTY OF DBI DESIGN PTY LTD. THIS REPORT MAY NOT BE REPRODUCED OR DISTRIBUTED WITHOUT THE EXPRESS CONSENT OF DBI DESIGN PTY LTD. DBI References: Note: Reference images included in this presentation are intended for in-house discussions only. DBI Design does not claim authorship or intend to adopt architectural character. These images have been sourced from various publications.