Download STRONGHOLD NORTH LAKES PROPERTY TRUST NO. 8

STRONGHOLD NORTH LAKES PROPERTY TRUST NO. 8
INVESTMENT SUMMARY
PROPERTY LOCATION:
Building 12, 2-4 Flinders Parade, North Lakes, Queensland
INDICATIVE CASH RETURN:
Average 9.0% per annum for the first three years
FUND STRATEGY
Sustainable income with the potential for capital gain
EQUITY REQUIRED:
$3.69 million
WALE:
3.5 years from 1st March 2017
KEY TENANTS:
Norwex, FinPower Connect, Xplore Resources, Bountiful Wealth
NET DISTRIBUTION:
Every two months
INVESTMENT FEATURES:
OFFER CLOSE:

Modern, fully leased, multi-tenanted office building at the heart of one of
Queensland’s fastest growing Local Government Areas.

Established Business Park at the centre of North Lakes Business Park, midway between Westfield North Lakes and Queensland’s only Costco store..

Master planned development

46 secure basement car parks

Depreciation allowances
6th February 2017 or earlier if fully subscribed prior
Bruce Anderson
Steve de Nys
Tony Boyd
T: 0413 515 808
T: 0413 515 808
T: 0435 533 123
[email protected]
[email protected]
[email protected]
Stronghold Investment Management Pty Ltd [ABN 76 164 389 682] – www.strongholdinvest.com.au
This investment summary contains a summary of the main features of this opportunity. Any person proposing to invest in the Trust should read the full Information
Memorandum and Trust Constitution, seek professional advice from a qualified expert and undertake their own independent investigations with regard to the
projections, values, assumptions and estimates contained therein. Information Memorandum Issuer & Trustee – Stronghold Investment Management Pty Ltd [ABN 76
164 389 682 & AFSL 480957
About North Lakes
The Property is located at North Lakes, an established master planned residential, retail, commercial,
health and education community developed by leading developer Stockland. The suburb is located in
Brisbane’s northern growth corridor, approximately 30 kilometres north of the Brisbane CBD and 60
kilometres south of the Sunshine Coast.
North Lakes is at the geographic centre of the Moreton Bay Regional Council Local Government Area
(LGA), Australia’s third largest LGA with an estimated population of 431,978 in 2016. Over the next 10
years the population is forecast to increase to 529,057, (close to an additional 100,000 people).
By 2036 the population is anticipated to be 618,394, an increase of almost 190,000 people over the
next 20 years (Queensland Government Statistician's Office, 2015).
CLICK MAP TO VIEW IN GOOGLE MAPS
STRONG FORECAST POPULATION GROWTH
MORETON BAY REGIONAL COUNCIL
ESTIMATED AND FORECAST
POPULATION 2011-2036
700,000
600,000
500,000
400,000
300,000
200,000
100,000
0
2011
2016 2021 2026 2031 2036
Net Lettable Area
GROUND FLOOR OFFICES
607 m2
FIRST FLOOR OFFICES
775 m2
TOTAL NET LETTABLE AREA (APPROX):
BASEMENT SECURE CAR BAYS:
1,382 m2
46
Building Overview
The property comprises a modern, high quality
two level commercial office building over a single
level of secure basement car parking within the
established ‘Lakes Vista’ office park. Lakes Vista is
a master planned office park development that
will ultimately comprise twelve individual office
buildings over a secure level of basement car
parking.
The building provides a spacious foyer, male and
female amenities to each level, passenger lift and
high quality finishes within a landscaped ‘campus
style’ environment.
The first four buildings and a café totalling
approximately 4,304m2 have been completed.
Once fully developed, the office park is planned to
have a total building area of approximately
13,228m2 with parking for approximately 470 cars
of which approximately 445 will be secure
basement bays.
Completed in 2013, Building 12 is divided into 7
separate tenancies. The design of the building
enables excellent natural light penetration.
A total of 46 secure basement car parking bays
are provided at a rate of 1 car bay per 30 m2 of net
lettable area.
Tenants
Further Development
www.graystone.com.au
www.xpresources.com.au
Leading provider of personnel services to the
mining and resources sector
www.finpower.com.au
Market leading loan management software
systems
www.bountifulwealth.com.au
Financial planning services. Part of the RI
Advice group.
www.hawcs.com.au
Provider of aerial survey services to the
powerline and utility sectors across Australia.
www.norwex.com
Australian and NZ head office for global
supplier of environmentally friendly and
sustainable cleaning and personal care
products.
Vintrosa Pty Ltd
www.exceldg.com.au
Company associated with Excel Development
Group, the current owner and developer of
Lakes Vista Office Park.
www.flexware.net.au
Specialised provider of hardware and software
solutions to the fitness industry.
One of Strongholds’ major advantages is the
experience of its executive in combination with
the resources and 30-year track record of the
Graystone Group in the planning, delivery,
marketing and management of Business and
Technology Precincts. No-one has bought, sold,
leased, built or managed more business parks in
South East Queensland than Stronghold and the
Graystone Group. Stronghold and Graystone are
related through common ownership.
It is intended that Graystone and the owners of the
balance
development
will
enter
into
a
Development Agreement for the completion of
the next stage of Lakes Vista. Comprising
buildings 4,5, 9 and 10 (totalling approximately
2,700m2), construction of the next stage is
planned to commence in the first half of 2017 and
will include the completion of the internal ring
road and landscaped centre piece. Graystone will
be the building contractor. Stronghold will have
‘preferred buyer’ status for investment quality
assets as they are developed.
Marketing of the ‘North Lakes Business and
Technology Precinct’ will be undertaken by
Graystone and will leverage off the highly
successful Brisbane Technology Park, BTP
Westlink Green and BTP Northshore business
precincts that are well established in the South
East Queensland market.
Stronghold believes the introduction of Graystone
as development manager and the commencement
of the next stage of the development will
significantly enhance the appeal and exposure of
the park to both existing and prospective tenants.
Further Investment Details
MINIMUM INVESTMENT:
$100,000 (Trustee may accept lower amounts)
DISTRIBUTIONS:
Every two months
TRUST TERM:
5 years
UNITS ON OFFER:
3,690,000 Units at $1 each
FINANCER:
Credit approval from ANZ
GEARING:
Maximum 55%
INTEREST COVER:
Indicative 3.7x
ISSUER AND TRUSTEE:
Stronghold Investment Management Pty Ltd (ABN 76 164 389 682),
holder of AFSL No. 480957.
INVESTMENT MANAGER:
Stronghold Investment Services Pty Ltd (ABN 84 613 238 609)
OFFER CLOSE:
6th February 2017 or earlier
Who Can Invest?
Australian investors must fall within the definition of a ‘wholesale client’ in the Corporations Act. For
foreign investors and further information contact the Manager or the Trustee.
About Stronghold
Stronghold Investment Services Pty Ltd (www.strongholdinvest.com.au) provides property related
investment and advisory services. We specialise in Business and Technology Precincts and manage or
jointly manage circa $150 million worth of quality properties in Brisbane and Sydney.
Stronghold Investment Management Pty Ltd [ABN 76 164 389 682] – www.strongholdinvest.com.au
This investment summary contains a summary of the main features of this opportunity. Any person proposing to invest in the Trust should read the full Information
Memorandum and Trust Constitution, seek professional advice from a qualified expert and undertake their own independent investigations with regard to the
projections, values, assumptions and estimates contained therein. Information Memorandum Issuer & Trustee – Stronghold Investment Management Pty Ltd ABN 76
164 389 682 & AFSL 480957