K2 Private Property – Industrial Property


In addition to our existing services of Commercial Property Sales and Leasing, Property and Facility Management, we are pleased to announce the addition of our Industrial Property team.

We now provide our clients with professional experience and expertise in sales and leasing for the medium to large scale Queensland industrial property markets.

Our extensive services for owners, developers, and tenants include

  • Site identification
  • Site Acquisition
  • Single asset and portfolio disposals
  • Leasing and pre-leasing
  • Project marketing
  • Value-added transactions
  • Insolvency appointments
  • Advisory and research

As with all of the K2 Private Property activities our relationships and values are built on Independence, Integrity, Transparency, and Agility.

Graham Norris and Dan Costello have joined the K2 Private Property team to lead the Industrial Property unit in our business.

Together they bring over 45 years of combined experience with outstanding results for clients in the industrial market.

Graham Norris

With experience as Director of Industrial transactions at Ray White’s Queensland Commercial division, and previous market success with Jones Lang, La Salles and Savill’s, Graham has been responsible for some of Brisbane’s most significant industrial property sales and leasing in Brisbane.

Graham brings to K2 Private Property over 30 year’s experience, in the Australian industrial market, senior management accountability and integrity.

His highly developed negotiation and communication skills, with excellent evaluation, research and analytical skills have delivered an outstanding record of achievement for clients.

Dan Costello

A specialist real estate agent who partners with clients from across the industrial property market to provide real estate solutions to the challenging issues faced by property owners, tenant and buyers.

Dan is solely focused on understanding the needs of each client before assisting them construct an accurate strategy and then delivers the best possible solutions in the market – it’s not about a quick buck, it’s about adding value throughout a tailored process so clients can make the most informed decisions.

Dan has partnered with many companies and private individuals to both acquire and dispose of properties in addition to leasing activities.

K2 Private Property has been awarded rights to manage Australian Unity’s Queensland healthcare assets

STUART Moody reckons they are the “rising star” in Queensland commercial real estate Services.

And perhaps he is right with K2 Private Property beating some of the biggest names in real estate to win the property and facilities manager’s role for the Australian Unity Healthcare Property Trust portfolio in Queensland.

The portfolio consists of seven assets totalling over 28,000sq m with a total value of $200 million across southeast Queensland including Robina Private Hospital and a medical office building at 15 Butterfield St, Herston.

K2 Private Property director of property Stuart Moody said the business has secured Chris Kinder, previously with Mirvac, to take the lead role looking after the Australian Unity portfolio.

“We’re proud to be awarded this work across Australian Unity’s local medical portfolio and look forward to assisting to drive value for the owner,” he said.

K2 Private now has more than 130,000sq m or $700 million of commercial and retail assets under management in southeast Queensland.

Chris Herde, Phil Bartsch, The Courier-Mail January 23, 2019

252 St Pauls Terrace – Keystone Private Purchas

Keystone Private News

A group of private investors associated with “Brisbanes’ No1 Multi Family Office” – Keystone Private have bought 252 St Pauls Terrace, Fortitude Valley for $10.5 million.

252 St Pauls Terrace is a 4 level commercial building totalling 3,627m2 nla and has 25 car parks. The building is quite unique compared to its peers in the Valley & Newstead precinct as it is fitted for education usage and offers over 30 classrooms with full kitchens and break out rooms. The building offers tenants a 9B classification that allows up to 1,500 students on site. Over the years the building has been home to Kodak and more recently the Shaftson College and currently Kaplan Business School.

K2 Private’s Director of Property – Stuart Moody negotiated the purchase on behalf of the new Owner with Hunter Higgins from Colliers representing the Vendor – Moody said : “We are very pleased to secure this asset in QLD’s fastest growing commercial hub of Fortitude Valley. This purchase represents the lowest per m2 rate for a multilevel building purchased in the Valley for many years at $2,895 / m2.

K2 private will manage the building going forward.

For Further details please contact :-

Stuart Moody

K2 Private – Director Property

0421323051

Outstanding New Commercial leasing deals – 100 Wickham St

Outstanding New Commercial leasing deals! 100 Wickham St Brisbane

100 Wickham St – 10,500m2 New Deals

K2 Private Property has successfully signed new leases over 10,500m2 of Retail & Office space in 100 Wickham St Fortitude Valley in the last 12 months.

K2 Private’s Director of Property – Stuart Moody negotiated the leases with the help of Warwick Wolfe from Colliers International on behalf of the owner.

The new leases included tenants TPG, AAPT & QLD State Government.

Leases are for terms between 7 – 10 Years each.

A new Retail Café called “Fortitude” has just opened on the ground floor offering high quality food to the buildings occupants.

Mr. Moody commented – “100 Wickham St is a unique offering to Brisbane tenants. It is an office building totaling 13,100m2 and has 2 dedicated Energex Sub Stations (1,500kva each) located in the basement that only services the building. Adding to this another 7 backup generators support the tenants and offers more availability of power & supplementary air than most regional hospitals. The building is positioned well above any previous Brisbane flood levels therefore is ‘bullet proof’ for tenants seeking continuity of services”.

The building was originally built by the Government for their own use and is therefore over specified with power, air conditioning & lifting.

 

The building has a new exciting external colour scheme and features a unique mural on the Gotha Street side, designed by Brisbane’s No.1 street mural artist Matt Stewart.

 For Further details please contact: Stuart Moody

K2 Private Property – Director Property – 0421323051

 About K2 Private Property

K2 Private Property is a Brisbane based local independent boutique Commercial Real Estate Agency with an exceptional reputation for delivering outstanding results.

Key Services

  • Sales and Acquisitions
  • Property Leasing
  • Property Management
  • Facilities Management
  • Medical Property
  • Tenant Representation
  • All property accounting requirements

K2 Private Property is a wholly owned subsidiary of Keystone Private – Queensland’s number 1 Multi Family Office

 

KNOWLEDGE WITH UNDERSTANDING | EXPERIENCE WITH INTEGRITY

Jon Roase appointment to K2 Private Property team

Jon Roase appointment to K2 Private Property team

Jon Roase –has joined K2 Private Property to bolster the Property Management Division.

Jon will join with Brisbane property industry veteran Jenni Ford to assist with managing K2 Private Property’s ever increasing property portfolio and will be focussed on K2 Private Property  & Keystone Private client’s properties, focussing on Metro Office & Industrial assets.

Prior to joining K2 – Jon was at King & Co – as Senior Property Manager.

Stuart Moody – Director of Property said: “We are very pleased to have Jon join K2 Private.  He brings a wealth of Property Management skills in the Industrial arena adding extra capacity and diversity to our specialist Asset & Property Management division”.

 

 

 

 

 

 

About K2 Private Property

K2 Private Property is a boutique commercial Real Estate Service Provider focusing in South East Queensland. We aim to bring a fully integrated Property Management, Accounting and Transaction Co-ordination service to the Private Families of Queensland. K2 Private Property is a wholly owned subsidiary of Keystone Private – Queensland’s number 1 Private Family Office.

 

 

For Further details please contact :-

Stuart Moody

Property Director

0421323051

Feature Article

K2 Private in the News – Pacific Square snapped up for $20.9m in Marquette value play

Financial Review website - by Matthew Cranston

The below is from an article on the Financial Review website by Matthew Cranston dated 12 October 2016, at 4:55pm:

‘Marquette Properties has purchased the Pacific Square retail complex near AMP Capital’s massive Pacific Fair Shopping Centre on the Gold Coast for $20.9 million.

The Pacific Square property, while serving as a strong income asset for its new owners, is also one of the largest development sites on the Gold Coast and could offer an ideal residential property play into the future.

The deal, which was brokered in an off market transaction through K2 Private’s Stuart Moody, represented a passing yield of 7.2 per cent.

The single level retail and office asset at Mermaid Beach has 7355 square metres of net lettable area on a site of 17,300 square metres with 240 carparks.

The asset is 100 per cent leased to tenants who have been at the centre for an average tenure of 10 years.

Tenants include the Queensland state government, Supercheap Auto and Snap Fitness.

Pacific Square is Marquette’s fourth retail acquisition in the last six months alongside the St Lucia Village in St Lucia, Brisbane, for $10.2 million, Festival Towers in Brisbane CBD for $22.7 million and Bushland Beach Plaza in Townsville for $5.5 million.

Marquette Properties’ managing director Toby Lewis said the new property would allow his team to add significant value in the future.

“As well as being a stable investment with a significant rental reversion, the asset has enormous future development upside,” Mr Lewis said.

“We believe the current day development value and replacement cost value exceed the investment value price we have acquired the asset for.

“The asset has excellent retail fundamentals and is consistent with our investment philosophy of buying assets that we can drastically change the value of and be a ‘pricemaker’ at exit.”

Mr Moody said the property, which is zoned for eight levels of residential, was a prized asset.

“We see it as an awesome investment because it’s one of the largest development plays on the Gold Coast,” he said.’

About K2 Private

K2 Private is a boutique commercial Real Estate Service provider focusing on the private owners in South East Queensland. We aim to bring a fully integrated Property Management, Accounting and Transaction Co Ordination service to the private families of Queensland. K2 Private is a wholly owned subsidiary of Keystone Private – Queensland’s leading Multi-Family Office.

 

For further details please contact :-

Stuart Moody

Director – Property

0421 323 051