Information Memorandum .pdf

Information Memorandum prepared for11 Queens Road, MelbourneAnother project by

XXXb11 Queens Road | Denison Funds Management

TABLE OF CONTENTSTable of ContentsWhy 11 Queens Road? 1Building Accommodation 3What’s on Offer 4Rental Comparison 6Location 7Map 8St Kilda Road Precinct 9Amenities10Technical Specifications 11Denison Funds Management 12Floor Plans 13Disclaimer18Agent DetailsJay Pavey0412 566 962jay@lemonbaxter.com.auCaitlin Murdoch0417 473 015Caitlin.Murdoch@au.knightfrank.com11 Queens Road | Denison Funds Management

WHY 11 QUEENS ROAD?Why 11 Queens Road?Offering breathtaking views over Albert Park Lake and Port Phillip Bay,11 Queens Road occupies a premiere location in the St Kilda Roadoffice precinct.Prominently positioned in the northern end of Queens Road, thebuilding offers 8,797m 2 of quality office space including ground floorretail, 11 upper levels of office and 2 storeys of basement parkingfor 128 vehicles accessed via Queens Lane.The building was completed circa 1975 and affords a dual frontageto Queens Road and Queens Lane; a main thoroughfare throughthe Melbourne CBD.Jay Pavey0412 566 962Caitlin Murdoch0417 473 015111 Queens Road | Denison Funds Management

WHY 11 QUEENS ROAD?Prime positionboasting views oversome of Melbourne’smost desirable localesPremier Location with Breathtaking Water ViewsppLocated in the highly sought after northern end of Queens Road boasting excellentconnectivity to the Melbourne CBD (3km)ppPrime position boasting views over some of Melbourne’s most desirable locales includingAlbert Park Lake, Port Phillip Bay and Melbourne CBDppThe site benefits from close proximity to abundant amenity including Albert Park GolfCourse, Melbourne Sports and Aquatic Centre, Royal Botanical Gardens and the diverseretail offered in South Yarra and South MelbourneKey Property Features IncludeppUnique location situated in the sought after northern end of the St Kilda Road/QueensRoad precinctppOutstanding views across Albert Park Lake, Port Phillip Bay and the Melbourne CBDppDirect access to quality amenity within St Kilda Road, Toorak Road, South Yarra,major road links and excellent public transport networkspp11 Queens Road currently has 2 star NABERS energy efficiency rating howeverthe manager is working on initiatives to improve this over the next 12 monthsppGround floor lobby refurbishment to be undertaken shortlyppAbundant natural lighting to office spacesJay Pavey0412 566 962Caitlin Murdoch0417 473 01511 Queens Road | Denison Funds Management2

BUILDING ACCOMMODATIONBuilding AccommodationGround Floor FoyerThe foyer is split level, providing access to lifts via automatic double glass sliding doorsfrom the Queens Lane frontage. The space is finished with a combination of plasterboard,stone tiles, feature timber veneer paneling walls and downlighting.Retail AccommodationThree retail tenancies extending to a total of 287.50m 2 are located on the ground floorof the property, including a cafe and News Agency.Office AccommodationOffice accommodation is provided over the upper 11 levels of the property, totalingapproximately 8,510m 2 of net lettable area. The office space is configured arounda side services core with floor plates ranging in size between approximately686.10m 2 and 833.80m 2 .Car ParkThe car park is easily accessed directly from Queens Lane via a decline ramp andarranged over two basement levels, providing 128 single car spaces and storage areas.Access is monitored by an electronically controlled metal roller security shutter door.Jay Pavey0412 566 962Caitlin Murdoch0417 473 015311 Queens Road | Denison Funds Management

BUILDING ACCOMMODATIONThe building affords dualfrontage to both Queens Roadand Queens Lane; a mainthoroughfare through theMelbourne CBDWhat’s on OfferVacant areas for Lease are shown in the building stack below. Multiple car spaces are alsoavailable for lease.11 QUEENS ROADLevel 11Level 10Level 9Level 801Level 802(116.8 sqm)Level 701A Level 701BLevel 702(114.1 sqm)Level 601 Level 602 Level 603 Level 604Level 301(149.4 sqm)Level 201(99.3 sqm)Level 302(241.3 sqm)Level 5Level 4Level 303(78.7 sqm)Level 304(77.7 sqm)Level 803Level 703(175.1 sqm)Level 605(156.2 sqm)Level 305(234.4 sqm)Level 202 Level 203 Level 204 Level 205Level 1Ground FloorVacantOccupiedOffice Rent$320 gross per sqm p.a +GSTCar Parking$260 per space per monthJay Pavey0412 566 962Caitlin Murdoch0417 473 01511 Queens Road | Denison Funds Management4

RENTAL COMPARISONThe property iscomparativelysuperior withsweeping viewsover Port Phillip Bayand St Albert’s ParkJay Pavey0412 566 962Caitlin Murdoch0417 473 0155

RENTAL COMPARISONRental Comparison11 Queens Road, Melbourne experiences strong competition fromthe St Kilda Road and Melbourne CBD Precincts, however offersa more affordable alternative in the sought-after market.The property is comparatively superior with sweeping views over Port Phillip Bay andSt Albert’s Park, competitive central city office rent and it’s advantageous location inan area immediately supported by Melbourne’s comprehensive transport networks.500450400350300250200150100500424 St Kilda Rd71 Queens Rd11 Queens Rd476 St Kilda Rd464 St Kilda Rd7/5 Queens St499 St Kilda Rd549 St Kilda Rd390 St Kilda RdGross Rental $/m 2 pa636 St Kilda Rd432 St Kilda Rd441 St Kilda Rd448 St Kilda Rd493 St Kilda Rd380 St Kilda Rd417 St Kilda Rd312 St Kilda RdNote: prices are approximate.Jay Pavey0412 566 962Caitlin Murdoch0417 473 01511 Queens Road | Denison Funds Management6

LOCATIONLocation11 Queens Road is situated along an integral connectionbetween the CBD and southern suburbs making it an idealcommercial locale.11 Queens Road is strategically positioned to capture the diversified amenityoffered in abundance by St Kilda Road and well known suburbs such as South Yarra,South Melbourne and Albert Park. The numerous recreational and retail facilities andtransport networks surrounding the property make 11 Queens Road an appealingcommercial locale. Albert Park Golf Course, The Melbourne Sports and Aquatic Centreand Royal Botanical Gardens are just a few of the area highlights.The property is well serviced by public transport with extensive tram and bus servicesoperating along St Kilda Road and Albert Road. Acting as a gateway to the broadermetropolitan market, 11 Queens Road provides convenient vehicular access to the south,south eastern and western suburbs via Kings Way, CityLink and the Westgate Freeway.Jay Pavey0412 566 962Caitlin Murdoch0417 473 015711 Queens Road | Denison Funds Management

LOCATIONWEST GATE FWYMONASH FWYKINGS WAYANDERSON STDOMAIN RDYARRA RIVERALEXANDRIA AVEFERRARS STPARK STALBERT RDTOORAK RD WESTALBERTHOSPITALPUNT RDST KILDA RDQUEENS ROADKERFERD RDALBERTPARKCOMMERCIAL RDCANTERBURY RDBEACONSFIELD PDEHARBOURJay Pavey0412 566 962Caitlin Murdoch0417 473 01511 Queens Road | Denison Funds Management8

ST KILDA ROAD PRECINCTSt Kilda Road PrecinctLocated approx 3km from the Melbourne CBD, St Kilda Road precinctis a well established business region providing easy access to greaterMelbourne and numerous education, recreation and social facilities.Industry and BusinessThe St Kilda Road office market (including Queens Road) is the second largest office marketin Victoria and is located approximately one (1) km to the South East of the Melbourne CBD.The St Kilda Road office market is the tenth largest market in Australia.Professional services and property is the most dominant sector of the Port Phillip economy,accounting for 37% of jobs and almost 50% of registered businesses in the municipality.Several sectors within the professional and property industry are identified as key growth sectorsboth globally and nationally, including accounting, financial planning and land development.InvestmentState government has begun work on a Melbourne Metropolitan Strategy and identifiesMelbourne as a ‘globally connected and competitive city’, indicating projected urbanrenewal and major infrastructure investment to support planned business centre growthfor the district over the next three to four decades.Furthermore, Port Phillip Bay Local Council has commenced an assessment process of theimmediate St Kilda Road Office precinct with a view to enhance the precinct’s currentassets and infrastructure.Jay Pavey0412 566 962Caitlin Murdoch0417 473 015911 Queens Road | Denison Funds Management

AMENITIESThe St Kilda RoadOffice Market is thesecond largest officemarket in VictoriaAmenitiesRail and Tram11 Queens Road is located just 2km from South Yarra railway station on Toorak Roadand only 300m from the nearest tram station along St Kilda Road. Melbourne CBDand surrounding areas are also extensively serviced with tram lines, frequenting alongSt Kilda Road and feeding into the Melbourne CBD and greater metropolitan area.RoadSt Kilda Road Precinct features extensive road infrastructure with immediate accessto Kings Way, CityLink and the Westgate Freeway networks and is:pp10 minutes to Melbourne CBDpp25 minutes to St Albanspp25 minutes to Prestonpp10 minutes to St KildaAirMelbourne Tullamarine Airport is approximately 25 minutes from 11 Queens Road andis serviced by road linkages.Parking11 Queens Road offers Basement security parking for 128 cars. In addition there area number of parking stations in the immediate vicinity.Retail11 Queens Road is just a 5 minute drive from Prahan Central Shopping Centre andonly 10 minutes from the retail centre of Melbourne’s CBD.Jay Pavey0412 566 962Caitlin Murdoch0417 473 01511 Queens Road | Denison Funds Management10

TECHNICAL SPECIFICATIONSTechnical SpecificationsBuilding SpecificationsKitchenetteAir conditioningLift ServicesAccess and SecurityFire ServicesElectrical Servicesand Standby PowerFloor CoveringsLocated on each floor within the services core.Central Variable Air Volume located within the main plant room atroof level with single built up Air Handling Unit ducted to each levelof the building.Three (3) Westinghouse lifts servicing all levels within the building.Internal lift car finishes comprise timber veneered panel walls,ceramic tiled floors and brushed stainless steel control panels.Proximity card access to the building, all lifts and various exit/entrance points.The building features a smoke detection and alarm system,automatic sprinkler system, hydrant system, hose reels andextinguishers. Two (2) fire stairwells serve the full height of the building.Electrical substation located at basement level supplies the mainswitchboard (MBS) located in a dedicated plant room on Level 2.Typically commercial grade carpet flooring to the office areas.Retail tenancies are a mix of timber floorboards, carpet and tilesto the retail tenancies. Stone tiling to the foyer and lift lobbies andceramic tiling to the amenities.Jay Pavey0412 566 962Caitlin Murdoch0417 473 0151111 Queens Road | Denison Funds Management

Denison Funds Managementmeasures its success by thesatisfaction felt by its tenants.Our philosophy is simple; ourlivelihood is derived from thebuilding income; that incomecomes from the tenant.Denison Funds ManagementDenison Funds Management measures its success by the satisfactionfelt by its tenants. Our philosophy is simple; our livelihood is derivedfrom the building income; that income comes from a tenant.Denison Funds Management has over 45 years collective experience in commercial assetand property management. We pride ourselves on providing a superior level of serviceto our tenants.Tenant satisfaction and trust is derived by:ppMonthly building inspectionsppClose monitoring of the performance of building services and service providersppImmediate response to tenant request and maintenanceppRegular reviews of building contracts to minimize building occupation costsppRegular reviews of building structures and services to determine required capitaland/or capital worksppAnticipating problems for tenants before they ariseJay Pavey0412 566 962Caitlin Murdoch0417 473 01511 Queens Road | Denison Funds Management12

FLOOR PLANSFloor Plans – Level 2QUEENS LANESUITE 2.02OFFICE210.1 m²LOBBY61.7 m²LIFT LIFT LIFT DUCTAMENITIES19.0 m²QUEENS ROADSUITE 2.01OFFICE99.3 m²SUITE 2.03OFFICE139.4 m²SUITE 2.04OFFICE162.7 m²SUITE 2.05OFFICE148.0 m²A'WAY A 6.7 m²A'WAY B 9.3 m²INT - INTERNAL FACEEXT - EXTERNAL FACEC/L - CENTRELINE WALLG/L - GLASS LINELTP - LINE OF TENANCY PRODUCEDPLAN PREPARED FOR:VIENTO GROUPLETTABLE AREA PLAN FOR LEVEL 2, 11 QUEENS ROAD, MELBOURNE, VICSCHEDULE OF AREASSUITE 2.01OFFICE 99.3 m²TOTAL AREA 99.3 m²SUITE 2.02OFFICE 210.1 m²TOTAL AREA 210.1 m²G/LG/LSUITE 2.03OFFICE 139.4 m²TOTAL AREA 139.4 m²SUITE 2.04OFFICE 162.7 m²TOTAL AREA 162.7 m²SUITE 2.05OFFICE 148.0 m²TOTAL AREA 148.0 m²G/LG/LG/LAMENITIES 19.0 m²LOBBY 61.7 m²G/LG/LG/LLETTABLE AREAMETHOD OF MEASUREMENTAREAS HAVE BEEN CALCULATED IN ACCORDANCE WITHTHE PROPERTY COUNCIL OF AUSTRALIA (PCA) METHODOF MEASUREMENT FOR LETTABLE AREA (MARCH 1997)(SURVEY DATE 03/11/2011)GUIDELINES USEDNET LETTABLE AREA0 2 4 6 8 10SCALE 1 : 200LETTABLE AREA PLANLEVEL 2 , 11 QUEENS RD,MELBOURNE, VICDATE: REF: 03/11/201139887 REV:0DRAWN: AP CHECKED: INSCALE: 1:200 SHEET: 4 OF 13@ A3 sydney canberra melbourne brisbane adelaide perthP F 03 9415 656503 9923 6307Real Estate Plans & Surveys www.realserve.com.auG/LINTINTG/LG/LG/LG/LG/LG/LC/LC/LG/LC/LC/LC/LC/LJay Pavey0412 566 962Caitlin Murdoch0417 473 0151311 Queens Road | Denison Funds Management

FLOOR PLANSFloor Plans – Level 7QUEENS LANESUITE 7.01OFFICE196.1 m²SUITE 7.02OFFICE280.0 m²LOBBY52.3 m²LIFT LIFT LIFT DUCTAMENITIES19.0 m²SUITE 7.03OFFICE289.2 m²QUEENS ROADACCESSWAY A 6.8 m²ACCESSWAY B 9.4 m²INT - INTERNAL FACEEXT - EXTERNAL FACEC/L - CENTRELINE WALLG/L - GLASS LINELTP - LINE OF TENANCY PRODUCEDPLAN PREPARED FOR:VIENTO GROUPLETTABLE AREA PLAN FOR LEVEL 7, 11 QUEENS ROAD, MELBOURNE, VICG/L0 2 4 6 8 10SCALE 1 : 200LETTABLE AREA PLANLEVEL 7 , 11 QUEENS RD,MELBOURNE, VICDATE: REF: 03/11/201139887 REV:0DRAWN: AP CHECKED: INSCALE: 1:200 SHEET: 9 OF 13@ A3 sydney canberra melbourne brisbane adelaide perthP F 03 9415 656503 9923 6307Real Estate Plans & Surveys www.realserve.com.auG/LINTINTG/LG/LG/LEXTG/LEXTEXTG/LG/LINTG/LEXTC/L C/LC/LSCHEDULE OF AREASC/LSUITE 7.01OFFICE 196.1 m²TOTAL AREA 196.1 m²C/LEXTSUITE 7.02OFFICE 280.0 m²TOTAL AREA 280.0 m²SUITE 7.03OFFICE 289.2 m²TOTAL AREA 289.2 m²AMENITIES 19.0 m²LOBBY 52.3 m²LETTABLE AREAMETHOD OF MEASUREMENTAREAS HAVE BEEN CALCULATED IN ACCORDANCE WITHTHE PROPERTY COUNCIL OF AUSTRALIA (PCA) METHODOF MEASUREMENT FOR LETTABLE AREA (MARCH 1997)(SURVEY DATE 03/11/2011)GUIDELINES USEDNET LETTABLE AREAC/LC/LC/LJay Pavey0412 566 962Caitlin Murdoch0417 473 01511 Queens Road | Denison Funds Management16

FLOOR PLANSFloor Plans – Level 8LETTABLE AREA PLAN FOR LEVEL 8, 11 QUEENS ROAD, MELBOURNE, VICSCHEDULE OF AREASSUITE 8.01OFFICE 517.2 m²TOTAL AREA 517.2 m²G/LSUITE 8.02OFFICE 116.8 m²TOTAL AREA 116.8 m²Q U E E N S L A N EG/LSUITE 8.02OFFICE116.8 m²SUITE 8.01OFFICE517.2 m²SUITE 8.03OFFICE 134.0 m²TOTAL AREA 134.0 m²C/L G/L C/LC/LG/LEXTAMENITIES 19.0 m²LOBBY 46.2 m²C/LG/LLOBBY46.2 m²EXTC/LEXTG/LSUITE 8.03OFFICE134.0 m²ACCESSWAY B 9.3 m²LIFT LIFT LIFT DUCTAMENITIES19.0 m²Q U E E N S R O A DACCESSWAY A 8.1 m²0 2 4 6 1 08INT - INTERNAL FACEEXT - EXTERNAL FACEC/L - CENTRELINE WALLG/L - GLASS LINELTP - LINE OF TENANCY PRODUCEDSCALE 1 : 200sydney canberra melbourne brisbane adelaide perthP F 03 9415 656503 9923 6307Real Estate Plans & Surveys www.realserve.com.auPLAN PREPARED FOR:DATE: REF: 03/11/201139887 REV:0DRAWN: AP CHECKED: INSCALE: 1:200 SHEET: 10 OF 13@ A3 VIENTO GROUPLETTABLE AREAMETHOD OF MEASUREMENTAREAS HAVE BEEN CALCULATED IN ACCORDANCE WITHTHE PROPERTY COUNCIL OF AUSTRALIA (PCA) METHODOF MEASUREMENT FOR LETTABLE AREA (MARCH 1997)(SURVEY DATE 03/11/2011)GUIDELINES USEDNET LETTABLE AREALETTABLE AREA PLANLEVEL 8 , 11 QUEENS RD,MELBOURNE, VICG/LINTINTG/LG/LJay Pavey0412 566 962Caitlin Murdoch0417 473 0151711 Queens Road | Denison Funds Management

DISCLAIMERDisclaimerThe opinions, estimates and information given herein or otherwise in relation hereto are madeby Lemon Baxter / Knight Frank and affiliated companies in their best judgement, in goodfaith and as far as possible based on data or sources which are believed to be reliable. Thematerial contained herein is not intended to substitute for obtaining individual advice fromLemon Baxter / Knight Frank or another advisor able to provide the services of a qualifiedprofessional person. Lemon Baxter / Knight Frank its officers, employees and agents expresslydisclaim any liability and responsibility to any person whether a reader of this publication ornot in respect of anything and of the consequences of anything done or omitted to be doneby any such person in reliance whether wholly or partially upon the whole or any part ofthe contents of this publication. COPYRIGHT Lemon Baxter / Knight Frank, all rights reserved.No part of this work may be reproduced or copied in any form or by any means (graphic,electronic or mechanical, including photocopying, recording, recording taping, or informationretrieval systems) without the written permission of Lemon Baxter / Knight Frank.Jay Pavey0412 566 962Caitlin Murdoch0417 473 01511 Queens Road | Denison Funds Management18

NOTESJay Pavey0412 566 962Caitlin Murdoch0417 473 0151911 Queens Road | Denison Funds Management

NOTESJay Pavey0412 566 962Caitlin Murdoch0417 473 01511 Queens Road | Denison Funds Management20

Contact DetailsJay Pavey0412 566 962jay@lemonbaxter.com.auCaitlin Murdoch0417 473 015Caitlin.Murdoch@au.knightfrank.com