News

  • No discount: Reject Shop’s Hall’s $30m SEN Radio building sale

    Friday 3 August 2018
    The Reject Shop co-founder Ronald Hall has made a whopping profit after selling the SEN Radio building super-site in inner Melbourne to local developers for almost $30 million.
  • Food and beverage properties expected to be popular at Burgess Rawson auction

    Monday 30 July 2018
    Commercial food and beverage properties will feature big at Burgess Rawson’s portfolio auction on Tuesday. One of them is a retail property on the South Coast of NSW, tipped to sell for less than $1 million.
  • Childcare centre in Morayfield to auction

    Thursday 26 July 2018
    Investors looking to buy into Australia’s fastest-growing investment class will have the rare opportunity at Burgess Rawson’s Flagship Portfolio Auction on August 1, with a leading childcare centre in Morayfeild set to sell under the hammer.
  • Beenleigh transport hub at auction

    Thursday 19 July 2018
    A former Beenleigh Transport site in Queensland will go under the hammer on July 31, and vendors expect competition to be fierce. The generous 3647sqm site at 31 Logan River Rd, Beenleigh has been home to the government tenanted commercial building since 2008.
  • A whopper of an auction for fast food site

    Wednesday 18 July 2018
    There is an appetite for fast food commercial property, and an upcoming auction in Grafton may prove to be a real whopper for the right buy. The Pacific Highway Hungry Jacks is set to attract significant investor interest at Burgess Rawson's Flagship Portfolio Auction this month according to their selling agent.
  • Waldorf sale duo in Mounts Bay Road

    Wednesday 18 July 2018
    The sale of a portfolio of nine retail and commercial assets, the bulk of it in NSW, includes two Perth Mounts Bay Road properties leased to Waldorf Apartment Group. Burgess Rawson’s Michael Gilbert said the nine assets on offer were on an 11-year lease to 2028, including at 10-year option to 2038.
  • Sydney investor picks up new childcare centre

    Friday 20 July 2018
    A Sydney-based investor has swooped on a freehold property north of Brisbane leased to an ASX-listed early childcare provider. The property at 10 Goshawk Court, Caboolture, sold for $4.75 million after being listed by Burgess Rawson in its last auction.
  • Landlords more switched on selecting retail tenants

    Wednesday 25 July 2018
    Landlords are becoming savvier about selecting retail tenants who can successfully compete with online shopping against a backdrop of climbing rents. “We’ve seen purchase prices for shops soaring over the past five years, leading to higher rents,” Burgess Rawson senior leasing executive Sam Fogarty said.
  • Commercial vs residential investments: discovering the benefits

    Wednesday 25 July 2018
    While residential property has been the darling of mum and dad investors, the asset class has not necessarily maximised returns in the way commercial assets can, according to Burgess Rawson.
  • Commercial expansion in Sebastopol

    Friday 13 July 2018
    A row of houses along Albert Street in Sebastopol look set for demolition after the City of Ballarat council opted to abandon a heritage overlay on the area. The row of houses are wedged between two commercial hotspots, with the likes of McDonald’s, KFC, Domino’s Pizza and Hungry Jacks all residing along the strip.
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