CORNER BARWON HEADS ROAD & BURVILLES ROAD, ARMSTRONG CREEK Artist Impression
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INTRODUCTION The Village Warralily will be the activity centre for the Armstrong Creek community, it will be a vibrant transit oriented place which will attract people to work live and play. Situated on the corner of Barwon Heads and Burvilles Road the retail centre will provide convenience based shopping for the local and greater Geelong area. In addition to Woolworths, the shopping centre will also provide a wide range of commercial opportunities for suitably qualified retailers and successful business operators. 3
STRONG LOCATION, RAPID GROWTH Armstrong Creek is among Victoria s fastest growing suburbs by lot sales, Armstrong Creek s population is estimated to grow to over 65,000 residents by 2030, housed in over 23,000 dwellings. The centre will be supported by high density residential and a proposed retirement lifestyle community. The centre also has the added advantage of being a 10 minute drive from the affluent coastal township of Barwon Heads and the rapidly expanding Torquay corridor. Armstrong Creek will provide a wide age profile and is expected to attract higher income residents. Total retail spending in the Armstrong Creek trade area was estimated at $654 million in 2014*. This figure is expected to rise significantly to over $1.32 billion by 2026*, and around $1.75 billion in 2031*. The projected increase in retail expenditure is driven by strong population growth in the trade area, over a sustained period. $BILLIONS+ OF ESTIMATED CIVIC & COMMUNITY INFRASTRUCTURE AND RETAIL DEVELOPMENT 7,000m 2 OF PROPOSED RETAIL GROSS FLOOR AREA 65,000 ESTIMATED ARMSTRONG CREEK POPULATION BY 2030 23,000 ESTIMATED NEW DWELLINGS BY 2030 Bells Beach - Torquay (Pro * Source - Essential Economics - Expert Witness Statement, February 2012 4
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Rd THE OPPORTUNITY The Village Warralily will present an unrivalled opportunity for businesses which seek to establish themselves in a location with strong economic and demographic fundamentals. On completion, the Village Warralily precinct will comprise of approximately 20 hectares. This will provide a variety of options for businesses in retail, hospitality, health & fitness, accommodation, showrooms and entertainment. Some 4,000m 2 of the estimated total 7,000m 2 retail area has already been committed to Woolworths. A variety of retail and office sites will be available ranging rom 25m 2 to 500m 2. The Landowner can create commercial lots for purchase or buildings constructed to suit tenant requirements. These lots are designed to appeal to a range of operators and will be available in sizes from 750m 2 to 7 hectares. To Melbourne Princes Freeway Avalon Domestic Airport Midland Hwy Geelong Ring Rd Melbourne Rd Bacchus Marsh Hamilton Hwy Geelong Port Shannon Ave Geelong CBD Drysdale Rd Colac Rd Reedy Lake Bellarine Hwy UGC Barwon Heads Rd Lake Connewarre Rail Road Geelong Ring Road Future Geelong Ring Road Torquay Rd Barwon Heads Rd Barwon Heads Torquay 6
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THE SHOPPING CENTRE AT A GLANCE Key Information Total Area Woolworths Area 4000m 2 Number of Tenancies 20 ranging from 25m 2 to 500m 2 approx. Car Parking Numbers Ample on grade customer friendly car parking. The tenancies will be designed to create a top quality retail environment to encourage the greatest amount of foot traffic. The centre will have strong environmental credentials and a quality of finish superior to traditional retail centres. This will include the use of wooden and stone elements. An attractive main-street style precinct will be created which will benefit from an open, northerly aspect with a piazza which will promote the area as a casual dining and community meeting place. Armstrong Creek has been designed to encourage good pedestrian and public transport links to the centre. Join two of Australia s leading supermarket chains. 8
OUTDOOR DINING OUTDOOR DINING INDICATIVE SPECIALTY SHOPS OUTDOOR DINING OUTDOOR DINING INDICATIVE SPECIALTY SHOPS AIRLOCK CORRIDOR TOWN SQUARE AIRLOCK ENCLOSED MALL KIOSK INDICATIVE SPECIALTY SHOPS 10X BIKE SPACES BIKE SPACE DIMENSIONS TO COMPLY WITH CLAUSE 52.34-4 OUTDOOR DINING INDICATIVE SPECIALTY SHOPS CORRIDOR PEDESTRIAN ACCESS 400m 2 SUPERMARKET EXPANSION ZONE GYMNASIUM WASTE LOADING LOADING SUB N SWITCH 9
FUTURE SCHOOL BARWON WATER MAIN OUTFALL SEWER FUTURE FACILITIES PROPOSED RESIDENTIAL / FUTURE RETIREMENT VILLAGE COMMERCIAL / FUTURE MEDIUM DENSITY FUTURE COMMERCIAL DEVELOPMENT FUTURE COMMERCIAL DEVELOPMENT BURVILLES ROAD FUTURE COMMERCIAL DEVELOPMENT FUTURE COMMERCIAL DEVELOPMENT FUTURE COMMERCIAL DEVELOPMENT FUTURE MEDIUM DENSITY FUTURE COMMERCIAL DEVELOPMENT B A R W O N H E A D S R O A D 10
ADDITIONAL OPPORTUNITIES The overall site for The Village, Warralily extends to some 20 hectares of developable land. This prime land is zoned for a variety of uses and therefore presents an unrivalled opportunity for established and new businesses to position themselves in this strategic location. With excellent roadways and high trafficked frontages the site will allow many businesses to capture the rapidly expanding catchment of Armstrong s Creek. The Landowner s strategy is innovative in that it is purposely created to achieve a precinct of uses which will offer a wide range of services within a strong centre with clear opportunities for residents and businesses to benefit from easily accessible service providers. It is envisaged that the goods and services that will be provided will extend to: health, business services, leisure, accommodation/ residential and hospitality. With a flexible approach to the creation of land parcels suitable for the specific business, The Village at Warralily will be sub-divided so as to create lots from as little as 750m 2 up to 7 hectares. In addition to the sale of blocks with services provided, the Landowner is also willing to enter into ground-leases or indeed to design and build premises and thereafter lease the completed building to a Tenant (STCA). It is surely rare to find opportunity to establish a business on its own block of land, with a purpose built building, in the Armstrong s Creek region and therefore The Village at Warralily is the ideal opportunity for those that have the vision to establish and grow their business in this exciting precinct. 11
COMMERCIAL TERMS This development provides an outstanding opportunity for a variety of business operators. Full details and inspections can be arranged through: Flexibility in both lease and purchase options will be considered by the Developer on the land parcels, whilst the Shopping Centre will be available on attractive lease terms. SHOPS/OFFICES The Developer will grant long-term leases to suitably qualified Tenants. These leases will provide attractive commercial terms and be in a form designed to attract and promote a full range of retail and service outlets. The premises available for lease will range from 25m 2 up to 750m 2 approx. LAND PARCELS The land can be sub-divided into various lot sizes to suit the end user, whilst having regard to the overall land to be developed to a cohesive and attractive activity centre. Land Parcels can therefore vary from 750m 2 up to 7 hectares. Purchasers will be expected to provide a 10% deposit on exchange of contracts with the balance due on settlement. Anthony Tramonte Senior Asset Manager Level 29, 367 Collins Street Melbourne, VIC 3000 www.fitzroys.com.au T: 03 9275 7738 M: 0417 500 385 E: shoppingcentreinquiry@fitzroys.com.au Keith Murray Director T: 03 9275 7777 M: 0407 539 016 E: shoppingcentreinquiry@fitzroys.com.au Alternatively the Developer will consider leasing the ground or entering to a lease on an agreed design and construction basis. 12
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PROJECT TEAM CLARKEHOPKINSCLARKE ClarkeHopkinsClarke, an award winning architectural firm, has over 50 years of experience in creating architectural solutions across diverse sectors, including town centre, retail, mixed use, mulit-residential, commercial, education, and healthcare projects. ClarkeHopkinsClarke is known for delivering innovative, commercially successful and community enhancing urban design solutions. ClarkeHopkinsClarke are providing the design and architectural vision for The Village Warralily. GbLA GbLA is a Melbourne-based landscape architecture and urban design practice established in 1980. Since its inception, GbLA has successfully undertaken site-responsive, innovative and practical landscape architectural projects both in Australia and internationally. Each project is responsive to detailed user briefs and thorough site analysis, enabling the natural and cultural assets of a site to be enhanced while integrating a new landscape program and design overlay. SMEC SMEC is a professional services firm with Australian origins and a global footprint that provides high-quality consultancy services for major infrastructure projects. SMEC s expertise is underpinned by its delivery of cost-effective, practical project outcomes. SMEC provides consultancy services for the lifecycle of a project to a broad range of sectors, including: Transport; Hydropower and Energy; Water and Environment; Urban and Social Development; Resources; and Industrial and Manufacturing. Proudly managed by DISCLAIMER This document has been produced by the developer for advertising and general information only. The developer and the project team do not guarantee, warrant or represent that the information contained within this document is correct. Any interest party should undertake their own enquires as to the accuracy of this information. The developer excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damage arising therefrom. Images shown are artist s impression and shown for illustrative purposes only. The plans are based on the current designs for this development. Changes will undoubtedly be made during the development, and dimensions, finishes and specifications are subject to change without notice. The information contained herein is believe to be current but is not guaranteed. Prospective tenants and purchasers must rely on their own enquiries. The developer recommends you obtain independent, legal, financial and business advice before making any decision or entering into any agreement or arrangement concerning the project matter of this document or the development. Further the proposed development described in this document is subject to and conditions upon various factors, including but not limited to the developers obtaining all relevant approvals (including board approvals). Consequently, the proposed development may change or not proceed based on such factors. 15
Anthony Tramonte Senior Asset Manager T: 03 9275 7738 M: 0417 500 385 E: shoppingcentreinquiry@fitzroys.com.au Keith Murray Director T: 03 9275 7777 M: 0407 539 016 E: shoppingcentreinquiry@fitzroys.com.au