This document provides general marketing information only and as far as possible is based on sources deemed reliable. The GPT Group, Metroplex and GPT Metroplex accept no liability nor responsibility for the consequences of any omissions or inaccuracies. Information Memorandum
Location Business with Better Access Brisbane s CBD With increasing congestion and access limitations stifling opportunity within Brisbane s commercial areas, the time is right to look for a more strategic location for your business. A place where accessibility is key and amenity paramount. Information Memorandum: Page 1
Quick Facts 90 25 3.5 15 3 Information Memorandum: Page 2
The Opportunity From Concept to Reality - Volvo Group Australia have committed to their new Australian Head Office and Service Centre at Metroplex Westgate We ask that you discard all preconceptions and limitations of what a traditional Industrial Park represents as a location for your business. Metroplex Westgate is neither traditional nor Industrial in its offering. Rather it is the culmination of years of research, planning and design to create a destination business centre. Metroplex Westgate builds on the achievements of the ground breaking Metroplex Gateway development by offering a location so accessible, so connected, so well facilitated and resourced that its benefits will challenge those offered by Brisbane s existing high profile, commercial centres within its CBD, the Airport Precinct and Port of Brisbane. Located in Wacol on the doorstep of Brisbane s western growth corridor, and covering some 90 hectares, Metroplex Westgate sits at the nexus of not one, but three motorway systems. Travelling north, south or west will see you on a motorway heading for your destination within minutes. Commuters too will find travelling to and from Metroplex Westgate a breeze with the choice of both rail and bus transport options. Consisting of four distinct precincts; Metroplex Westgate East, West, South and The Etro - Metroplex Westgate offers a diverse array of precinct profiles to cater for the individual needs of the diverse businesses that will be attracted by the Metroplex Westgate ideal. Whether they be logistics, manufacturing, service or technology. Whilst each precinct offers operational specific allotment footprints, each precinct is interconnected by some 24 hectares of parklands and green belts to the service centre and heart of Metroplex Westgate, The Etro. The proposed Etro precinct will have a lifestyle focus offering the greater Metroplex Westgate community facilities such as child care, cafés and eateries, convenience shopping, a medical centre and pharmacy. A large allocation of public open space and recreational parkland will provide a picturesque release from the work day within the Etro, ensuring staff have an enjoyable environment to breakout to. Once again Metroplex have raised the bar in the development and management of industrial business estates in Australia. Together with their partners the GPT Group, Metroplex has purpose designed the master plan of Metroplex Westgate to deliver a true alternative location, rather than a second choice for businesses operating in South East Queensland. Metroplex Westgate - Brisbane s Western Business District. Information Memorandum: Page 3
Accessibility Estimated Travel 15 min IPSWICH 25 min BRISBANE CBD 60 min GOLD COAST 30 min AIRPORT VIA LEGACY WAY 40 min PORT OF BRISBANE Located approximately 15 radial kilometres south west of the Brisbane CBD with direct exposure to the Ipswich Motorway, Metroplex Westgate has access to all major arterial roads including the Ipswich, Logan, and Centenary Motorways. The construction of the bridge to open up Boundary Road to traffic between Keliher Road and Progress Road has been completed and is now providing direct site access via Boundary Road from Oxley to Carole Park. Transportation Infrastructure around Metroplex Westgate has been significantly upgraded including: Grade separation and additional lane capacity of the Centenary Motorway / Ipswich Motorway interchange. Opening of Legacy Way tunnel directly connecting the Centenary Motorway / Inner City Bypass / Airport Link tunnel to the Brisbane Airport and Port of Brisbane Upgrade of Progress Road and the Progress Road /Boundary Road interchange Information Memorandum: Page 4
Estate Master Plan Metroplex Westgate boasts a 90 hectare footprint, offering up to 350,000 sqm of industry, retail and commercial floor space. The Estate is comprised of the following precincts: Metroplex West LARGE FORMAT WAREHOUSING AND INDUSTRY Up to 31 hectares Pre-lease / Turnkey or Land Sale Metroplex East & The ETRO MIXED INDUSTRY BUSINESS AREA Up to 20 lots starting at 8,000 sqm [NOW SELLING] Existing approval for 6,000 sqm of retail and centre activities Pre-lease / Turnkey or Land Sale Metroplex South LARGE FORMAT WAREHOUSING AND INDUSTRY PLUS SERVICE CENTRE Up to 17 hectares Land for sale and Lease from 3,000 sqm Information Memorandum: Page 5
Metroplex East Lot Availability 301 18,220 m² 315 9,587 m² 302 11,100 m² 316 3,083 m² 305 2,639 m² 317 8,615 m² 306 3,217 m² 321 2,072 m² 307 3,473 m² 322 4,796 m² 308 3,754 m² 323 2,052 m² 309 8,580 m² 324 2,142 m² 310 5,694 m² 325 2,530 m² 312 3,729 m² 326 1,800 m² 314 10,150 m² 327 1,846 m² Our Newest Release - SELLING NOW - Metroplex Westgate s premium small lot land release. Be a part of western Brisbane s most exciting and innovative commercial and industrial precinct. 20 lots ranging from 1,800m2 1.8ha MIBA zoning (Mixed Industry & Business). Allows for a mix of low impact industrial development along with offices and shops that support the Wacol industrial precinct. Adjacent to the proposed future lifestyle hub of the estate, the ETRO, featuring retail, café, recreational and community facilities. A perfect opportunity for small and medium sized enterprise to create and build their own business premises on their own individual parcel of land. Construction underway. Purchase off the plan now. Information Memorandum: Page 6
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Environment A growing number of businesses are seeking sustainable development as part of their responsibility to the environment and the wellbeing of their personnel. With this comes potentially improved commercial outcomes through reduced energy costs and healthier more motivated staff. Metroplex Westgate s green credentials include a 25 hectare footprint of retained natural vegetation, wildlife corridors, parks and public open-space all available for use by occupants and visitors to the estate. Over 30,000 native plants and shrubs have been planted in the first stage of the development, some of which were cultivated on the estate. The majority of the seedlings have been sourced from within the development area as part of an eight year nursery procurement program. Every effort has been made to re-plant trees that were removed from areas zoned for development elsewhere on site. An extensive rehabilitation and management plan is in place for existing natural assets, including Bullockhead Creek, along with natural corridors which connect to underpasses to allow animals to safely navigate between areas. The workforce on the estate will be encouraged by the availability of walkways, cycle ways and green zones. Information Memorandum: Page 9
Further Information Flood Free Development The entire Metroplex Westgate estate is well above known flood levels. It was not affected by either the 1974 or 2011 flood events. The finished levels of the land across the site vary from approximately 24 to 35 metres AHD. The January 2011 flood event peaked in this area at approximately 15.5 metres AHD. Boundary Rd at the main access point to Stage 3 of the estate stands at approximately 35 AHD. (AHD Australian Height Datum). Zoning Metroplex South and Metroplex West are zoned under the Brisbane City Plan 2014 as IN1 - General Industry A. The intent of this category is to provide for low impact industry, service industry and warehouse uses throughout the precinct. Metroplex East is zoned under the Brisbane City Plan 2014 as SC5 - Specialised Centre (Mixed Industry and Business). This allows for uses including low impact industrial development, but also extends to uses outside the typical industrial designation to provide a limited amount of office, food and drink outlets and shops that support the traditional industrial function. Buildings up to 5 storeys in height may be permitted. This mixed industry and business precinct allows a support services area of retail, food & drink outlets, and shops of maximum combined GFA 6,000 sqm. It specifies the following uses as generally appropriate: 1. Supermarket (one only / max 1500 sqm); 2. Shops (max 1500 sqm); 3. Indoor Sport and Recreation (one only / max 1000 sqm) 4. Medical Centre (max 600 sqm) 5. Restaurants including outdoor dining (max 500sqm) 6. Car wash, child care, community facilities, display and sale activities, emergency services, garden centre, hotel, industry, office, service station, utility installation, veterinary facility, warehouse, youth club. General Industry A Specialised Centre (MIBA) Information Memorandum: Page 10
Further Information Community Management Scheme Ownership of land at Metroplex Westgate is established within a Community Title Scheme under the Body Corporate and Community Management Act 1997 (QLD). This is very common with master planned developments that span several stages over a period of time and incorporate a diversity of land uses. Each land owner still owns their block of land on a freehold basis with all the normal rights of ownership, however in addition all land owners are also a member of the community. This community may jointly own such things as common areas, facilities and services on the community land. These can include common car parks, parks & gardens, recreation areas, shared driveways and land for community infrastructure e.g. security surveillance equipment, antenna, stormwater overflow etc. It should be noted that some Community Management Schemes can be quite complex (and expensive to manage) particularly where the community or the original developer owns basic infrastructure such as roads, underground services and utilities. This is not the case with Metroplex Westgate. All roads and footpaths are in the estate are public and owned by Brisbane City Council. All services are typically owned by the Government or supply authorities Energex, QUU, NBN, Telstra etc. This best describes the Metroplex Westgate scheme as a light scheme, with the community responsible for minimal property. Any common property is owned and shared amongst all members of the community and generally is not exclusive to any one member. The primary advantage to owners in a community scheme such as Metroplex Westgate is the potential for lower rates and taxes. As with all privately owned land throughout the State, municipal rates and land tax are charged to owners based on the market value of their land. This value is assessed by property valuers for the State Government on an annual basis. Land held in a Community Title Scheme is not valued on an individual owner or individual lot basis. All of the land held by all owners in the scheme is theoretically combined and valued as an undivided whole - as if it were owned by a single owner. For example say there are 10 owners of lots in a CTS and each lot is 1ha in size, the Govt. valuer values all that land collectively on the basis that it is a single 10 ha parcel. Normal valuation principles suggest that it is reasonable to expect that the market value of one 10ha parcel is somewhat less than what it might be for the aggregate of 10 x 1ha parcels. Council rates and land tax are calculated on the single value and apportioned between all owners in accordance with the entitlements contained in the CTS Management Statement. Other benefits of a Community Title Scheme include: 1. Security; 2. Estate Maintenance; and 3. Architectural Code. All of this is intended to establish a superior quality of development and a regime for maintenance and upkeep to ensure the estate retains its reputation as a high quality, attractive, safe, green development where occupants are proud to be based, customers are impressed, staff are content, values are enhanced and investment is protected. Information Memorandum: Page 11
The Partners Together, The GPT Group and Metroplex provide unmatched experience in successfully delivering large scale industrial and business developments, along with a solid financial foundation for the project. 13,000m² Business Park - Samsung s Australian Head Office Metroplex on Gateway Metroplex Metroplex is a successful private company with a strong background in industrial and business park development. Metroplex s credentials include the development of Metroplex on Gateway at Murarrie in Brisbane, which is currently home to more than 100 major tenants including Adidas Australia, Fisher & Paykel Australia, Footlocker Asia Pacific, Johnson & Johnson, LG Electronics and Toshiba. Metroplex Westgate will take the concept and design of its sister project, Metroplex on Gateway, to the next level, approximately doubling its size and end value. Information Memorandum: Page 12 21,000m² chilled food processing and manufacturing facility 13,000m² Business Park - Lion Corporate Office LOCKWOOD RD, ERSKINE PARK, NSW Logistics Portfolio GPT s logistics portfolio is comprised of 32 high quality logistics assets located in Australia s major industrial and business park areas. The GPT Group s Logistics and Business Parks Development (LBPD) Team has delivered over $500 million worth of assets over the past three years. The team brings together a diverse back ground of experience and knowledge with a combined involvement of over 160 years in the property industry both in Australia and Internationally. GPT is currently developing its land bank which consists of over 190 hectares across Australia to accommodate customers needs. 24,000m² temperature controlled and ambient storage and distribution facility 44,000m² Toll NQX Logistics Facility 5 MURRAY ROSE AVE, SYDNEY OLYMPIC PARK, NSW ASX Top 50 company $20 billion of assets under management Diversified Portfolio - Retail, Office, Logistics and Business Parks #1 globally for Real Estate on the Dow Jones Sustainability Index (DJSI) 2014/15 3 MURRAY ROSE AVE, SYDNEY OLYMPIC PARK, NSW Coles Retail Ready 54-70 TEMPLAR ROAD, ERSKINE PARK, NSW Listed on the Australian Securities Exchange (ASX) since 1971, The GPT Group is today one of Australia s largest diversified listed property groups. 36-52 TEMPLAR RD, ERSKINE PARK, NSW 59 FOREST WAY, KARAWATHA, QLD The GPT Group 31,900m² Warehouse and distribution facility for TNT Australia
For further information contact Mark Rundle Development Manager GPT Metroplex Pty Ltd P: 0488 072 324 E: mark@