Tonsley Property Information Memorandum

Transcription

1 Tonsley Property Information Memorandum

2 Tonsley Australia s first innovation district has been designed to unite progressive individuals, businesses and researchers looking to collaborate, test, build and grow in a flexible and supportive environment. Its master plan incorporates collaborative meeting and working spaces providing world-class facilities to help take great new ideas from concept and testing to market. It is a district purposely designed to attract investment and create a thriving jobs precinct alongside residential and community living. 2

3 A mixed-use, accessible district ALAWOONA AVE TONSLEY LINE CORRIDOR 10 MIN WALK SOUTH ROAD TO ALAWOONA AVE To inspire innovation across key industry sectors, Tonsley brings together a number of land uses on its 61-hectare site. SOUTH ROAD Residential 11 hectares set aside for approximately 650 homes and 1,200 residents Built to 21st century environmental and design guidelines Cosmopolitan apartment living and townhouses Two to seven storey buildings among green open spaces High value Industry / Commercial 24 hectares designated for business (light industry or commercial use) Focus on minerals and energy resources; health, medical devices and assistive technologies; software and simulation and cleantech and renewable energy Education Flinders University s School of Computer Science Engineering and Mathematics TAFE SA s Sustainable Industries Education Centre 8,500 students attend these facilities each year Retail and civic space Town square in the refurbished, former automotive, main assembly building Centre for social activity beyond 9-5 business hours Shops, cafes, services and facilities Truck access Some allotments serviced by B-double-rated vehicles (trucks that exceed the mass and dimension limits for general access to the Australian road system) KEY Residential High Value Industry / Commercial Education / Training Retail Site Boundary Main Assembly Building 3 ROAD

4 A strategic location ADELAIDE AIRPORT 26 MIN DRIVE - 10KM ADELAIDE CBD 20 MIN DRIVE - 10KM 20 MIN TRAIN RIDE University of Adelaide (Thebarton) Flinders Medical Centre Glenelg Sir Donald Bradman Drive Adelaide Airport Alawoona Ave Marion Road Anzac Hwy South Road Greenhill Road Goodwood Road CBD Cross Road Glen Osmond Rd Portrush Road Freeway Melbourne & Sydney M1 M1 FREEWAY 20 MIN DRIVE KM Technology Precinct (inc BioSA) Health & Biomedical precinct University of South Australia (City West) TONSLEY 20 MIN DRIVE - 10KM University of Adelaide University of South Australia (City East) Ayliffes Road Flinders University Brighton B-DOUBLE ROADS Tonsley is located on a major north-south corridor transport route, running past the city of Adelaide and to its north. This route is currently being upgraded into a non-stop corridor as part of an approximately AU$7 billion project, supported by both the Australian and South Australian Governments 4

5 Quality urban form Quality design promoting an inclusive destination for people and businesses has been a primary consideration in Tonsley s development. Tonsley s urban design and land zoning has been developed specifically to accommodate this master-planned, mixed use innovation district. Its high-quality design helps foster a vibrant community by supporting social interaction, activities and events. The Tonsley Urban Design Protocol is integral in maintaining these design standards. It guides public and private developers through a set of broad urban design principles that consider Tonsley s unique characteristics. These guidelines establish a quality benchmark for Tonsley s public realm so investors have certainty that quality will be maintained and peace-of-mind that their investment is protected. Businesses with a shared economic focus It is not just the physical realm of Tonsley where standards have been benchmarked. Tonsley also has a suitability assessment process where potential occupants are required to demonstrate that their business activity is aligned to Tonsley s vision and will contribute to boosting the site s reputation as an innovation district. Investors can be confident that Tonsley is focussed on industry sectors that are in local and global demand. Collaboration and connectedness stand at the centre of the vision for the site. 5

6 Environmental credentials As Tonsley was previously home to a significant proportion of South Australia s automotive manufacturing industry, the Government of South Australia as developer of the land is committed to ensuring it is suitable for new purposes. Before allotments are put on the market, the South Australian Government undertakes environmental site investigations and ensures allotments receive environmental clearances from the appropriate regulatory authorities. Tonsley is a district that is fast establishing a reputation as a world-leader in sustainability, recently being awarded a six-star rating under the Green Building Council of Australia s Green Star Communities rating tool. Tonsley is the only urban renewal project in Australia to achieve a six-star certification. Plans are also in the pipeline to establish a Smart Grid for Tonsley to help investors use energy more efficiently and incorporate greater use of renewable energy within the district. Tonsley has the communications infrastructure required, and planning is now underway to include the advanced metering infrastructure that will reward investors for managing their energy use more efficiently. There is also a three megawatt solar array planned for the roof of Tonsley s main building the Main Assembly Building helping supply investors with affordable and sustainable energy. High-speed connectivity Tonsley has a private telecommunications fibre network with built-in redundancy, providing easy and cost-effective connectivity to service providers. As the network is already in place, this will also reduce the time it takes to get your business connected, with minimal build or design work required. A commercial internet service provider at Tonsley will also not be reliant on Australia s national broadband network infrastructure and will be able to offer services above the national broadband network s maximum speed threshold of 100 megabits per second. Property and accommodation options Tonsley has several property and accommodation options to suit a variety of investor needs. These options exist within the eight-hectare Main Assembly Building and across the remainder the 61-hectare site. There are allotments of varying sizes with potential to adjust allotment sizes to suit business needs. 6

7 The Main Assembly Building The adaptive re-use of the former automotive Main Assembly Building is a central and key feature of Tonsley. The design of the building respects the industrial heritage of the site and creates its unique identity. The building features contemporary public spaces including, internal forests and exhibition and meeting spaces with eating, lounge areas and Wi-Fi hotspots. It is the centre of Tonsley s social activity, attracting workers, students and residents. A network of internal streets gives priority to pedestrians, providing easy access to services and facilities but still provides the necessary vehicle access for industrial premises. Key features 80,000 square metre building adapted for re-use Planned three megawatt solar array on the eight-hectare roof Adaptable, flexible floor plan Centrally provided services and infrastructure Security Benefits Retains the embodied carbon in the structure Provides an umbrella for businesses in one central precinct, helping create a focus for business and community activities Access to affordable and sustainable energy Options to occupy individual purpose-built tenancies that can be designed to meet specific requirements Space for multi-storey construction with a six metre clearance to the underside of the truss line Smaller modular accommodation available, in short lead times Access to: loading dock central cooling and heating service cores (lockers, toilets, showers, bike storage) services distributed throughout building (including electricity, gas, water, sewer, IT, fully compliant sprinkler system coverage) parking building management administration based on site retail facilities in the town square 24-hour, on-site staffed security Proximity card reader on all access points and common area facilities CCTV is proposed for all access points and common area facilities 7

8 Tenancy and investment options Main Assembly Building Investors in the Main Assembly Building can occupy purpose-built tenancies designed to meet specific requirements or smaller modular pre-fabricated tenancy options (called pods) available on flexible lease terms. There are allotments available from 30 to 2,000 square metres. Purpose-built tenancies will generally require a minimum lease term of five years and the lead time for occupation will be six to 12 months from lease execution depending upon the size and complexity of the design. Modular pod buildings allow flexible tenancy configurations that are attractive, adaptable and highly functional for a variety of uses. Pod modules can be delivered within approximately six weeks providing an agile response to changing accommodation needs COOLING TOWERS 184m² SC4 198m² LARGE TENANCY 10 LARGE TENANCY FOREST 4 NO ROOF 370m² SC1 249m² TENANCY * Allotments may be subject to alteration to meet investor requirements m² 2134m² 829m² LARGE TENANCY m² TENANCY 2 TENANCY m² PLAZA FOREST 696m² FUNK COFFEE TENANCY m² m² m² TENANCY m² TENANCY 8 TENANCY 12A 343m² SC3 248m² TENANCY 248m² 12B TENANCY m² TENANCY m² RETAIL PRECINCT CENTRAL FOREST 1339m² 4 TENANCY LARGE TENANCY m² m² 930m² 601m² FLINDERS T2 2271m² TENANCY m² FOREST 3 NO ROOF 369m² TENANCY SC m² (190m²) m² (1604m²) 14 75m² m² 75m² 9.38 TENANCY SC3 176m² (146m²) m² (1671m²) TENANCY m² (1245m²) 18 SC2 219m² (190m²) 18 13

9 Costs Rent only Indicative gross rental (inclusive of outgoings) for Main Assembly Building tenancies range from around AU$280 to AU$320 per square metre of net lettable area per annum. Purchase/investment Investors wishing to build and own their premises within this building can also be accommodated through a long-term ground lease with the South Australian Government (which owns the building). Other leased accommodation options In addition to Main Assembly Building tenancies, there is a limited amount of space in an existing commercial building on site (with around 1,650 square metres available). Gross rent would be approximately AU$300 per square metre of net lettable area per annum. Indicative fitout costs are approximately AU$1,000 per square metre. Average ground rent is approximately AU$50 per square metre plus outgoings of AU$65 per square metre per annum. Construction costs for tenancies vary on design requirements. They range between AU$1,500 per square metre for warehouse space up to AU$2,500 per square metre for offices depending on the specification. Most standard office layouts are in the order of AU$2,000 to AU$2,200 per square metre. Flinders Pod in the Main Assembly Building 9

10 Free-hold land KIRRA AVENUE EXISTING RESIDENTIAL EXISTING There is 35,000 square metres of industrial and commercial land available for purchase and development. Allotments of varying sizes from 1,000 to 10,000 square metres are available, with the opportunity to tailor-make allotment sizes to accommodate individual requirements. KIRRA AVENUE RESIDENTIAL PRECINCT 9.212ha C ha EXISTING COMMERCIAL Investors who prefer to lease their premises can work with local property developers to negotiate suitable lease terms for purpose-built accommodation. Allotments 1,000-10,000 square metres Prices range from AU$275 - AU$350 per square metre (excl. GST if applicable) KIRRA AVE ALAWOONA AVE RESREVE RESREVE RAILWAY RAILWAY ha ha m² LIGHT INDUSTRIAL 4238m² EXISTING POWER STATION 5033m² C m² FLINDERS UNI STAGE m² CARPARK 6000m² MAB 5.371ha (20.88) (6) (6) FLINDERS UNI STAGE m² FLINDERS UNI STAGE m² C ha m² m² m² SIEMENS m² m² ha ha E m² STATE DRILL CORE LIBRARY E11 E E E m² E m² E m² ADMINISTRATION BUILDING E m² E ha m² E m² m² ADMINISTRATION BUILDING E m² ADMINISTRATION BUILDING E06 CO-HAB E05 E SOUTH ROAD m² 1.161ha ha ha TAFE Sold or on hold 3.343ha Available CARPARK 1.590ha MONROE Future CARPARK 1.516ha CARPARK 6554m² EXISTING RESIDENTIAL * Allotments may be subject to alteration to meet investor requirements

11 Rental accommodation in a co-working space Co-HAB is a not-for-profit company providing co-working space at Tonsley for people from diverse backgrounds and disciplines. Members have the opportunity to operate their businesses, connect and collaborate with other tenants. Existing tenants in the Co-HAB include Simulation Australasia and a variety of business start-ups. Visit for more details. 11

12 Become a part of South Australia s first innovation district. For assistance in investing in Tonsley, contact South Australia s Department of State Development. Our professional team will work with you to further your interest in our state. Rick Janssan Interim Director - Tonsley Redevelopment Department of State Development rick.janssan@sa.gov.au Level 4, 11 Waymouth Street Adelaide, South Australia 5000 Australia Ph: Renewal SA Level 9 Riverside Centre, North Terrace Adelaide, South Australia 5000 Australia Ph: To subscribe for Tonsley updates, or to request detailed property information, visit the website. Published January, No responsibility for any loss or damage caused by reliance on any of the information or advice provided by or on behalf of the State of South Australia, or for any loss or damage arising from acts or omissions made, is accepted by the State of South Australia, their officers, servants or agents. Produced by the Government of South Australia January, Content correct at time of production.