2015-05-26 Planning & Organisation Committee Agenda

PLANNING & ORGANISATION COMMITTEE MEETING AGENDA                                   26 MAY 2015


Shop 3 – Hair Artistry

The lease with Sunrise Beach Hair Artistry expires 8 June 2015. The lessee was assigned the
lease on 1 July 2013 and over the intervening period has maintained an excellent rental record.
The lessee declined Councils offer of a 5 year lease plus a 5 year option, but requested a 3 year
lease with a 3 year option.

The current rental is $27,275 per annum plus outgoings. CBRE Valuations have undertaken an
independent valuation which values the rental at $32,400 per annum plus outgoings. The lessee
has agreed to the new rent value.

Shop 4 – Sunrise Dental

The lease with Tom Wilkinson Dental Pty Ltd expires 30 June 2015. The lessee has held the
lease since 1 July 2005 and the lessee has an excellent rental record. The lessee has agreed to
Council’s offer of a 5 year lease with a 5 year option.

The current rental is $45,900 per annum plus outgoings. CBRE Valuations have undertaken an
independent valuation in which there was no change to the current rent amount.

Shop 7 – Meats at Sunrise

The lease with Meats at Sunrise Pty Ltd as Trustee for the Waugh Family Trust, expires 7 June
2015. The lessee was assigned the lease on 9 December 2014 and over the intervening period
has maintained an excellent rental record. The lessee has agreed to Councils offer of a 5 year
lease with a 5 year option.

The current rental is $27,275 per annum plus outgoings. CBRE Valuations have undertaken an
independent valuation which the rental of $32,400 per annum plus outgoings. The lessee has
agreed to the new rent value.

Previous Council Consideration

Ordinary Meeting, 1 May 2014, Item 11, Page 9
That Council note the report by the Property Officer, Property and Facilities to the General
Committee Meeting dated 28 April 2014; and
1.   Approve the new lease agreement with the Barker Family Trust for Shop 6, Sunrise
     Neighbourhood Shopping Centre for 5 years commencing 28 April 2014;
2.   Approve the CEO to award a subsequent 5 year extension of the lease subject to the
     lessee complying with the terms of the lease; and
3.   Apply the exception to the requirement for tendering of the lease under section 236 (1) (c)
     (iii) of the Local Government Regulation 2012 as the renewal is to the existing tenant.


Ordinary Meeting, 29 May 2014, Item 8, Page 16
That Council note the report by the Senior Property Officer, Property and Facilities to the
Planning and Organisation Committee Meeting dated 20 May 2014; and
1.   Approve the new lease agreement in the new company name of Australian Leisure and
     Hospitality Group Pty Limited, for 5 years commencing 2 January 2015;
2.   Authorise the Chief Executive Office to award a subsequent 5 year extension of the lease
     subject to the lessee complying with the terms of the lease; and
3.   Apply the exception to the requirement for tendering of the lease under section 236 (1) (c)
     (iii) of the Local Government Regulation 2012 as the renewal is to the existing tenant.

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