Latest News Articles

Servo sells for nearly $5m

Interstate property investors have continued to chase Toowoomba commercial real estate, with a private equity hroup snapping up a new service station for nearly $5 million. The Melbourne-based investment company bought the 7-Eleven service station on the intersection of West and Stenner Streets in Darling Heights at an auction facilitated by Burgess Rawson last month. […]

Burgess Rawson Bushfire Response – Supporting Hopes, Dreams and Plans for the Future

Property represents so much more than bricks and mortar. It’s tied up with the ambitions, hopes, dreams and plans for the future of each and every owner. And so as devastating bushfires affect people and properties across the nation on an unprecedented scale, Burgess Rawson is doing something to help. In recognition of the pain […]

7-Eleven’s Final Sale and Leaseback Portfolio Auction

“Are there going to be more?” It’s a question the team at Burgess Rawson has heard with almost relentless regularity over the past three months. From the moment the last of 15 properties leased to Australia’s largest convenience retailer 7-Eleven were snapped up at a special auction event in October, investors have been demanding another […]

‘Strong interest’ in $3.5M Inverloch site

The uniqueness of a prime commercial site, just on the market in the middle of the bustling seaside town of Inverloch, has activated the market. Prices in a range of between $3.4 million and $3.74 million, the site at 2-4 The Esplanade, Inverloch, presently the location of Inverloch Marine, has attracted strong interest according to […]

What does 2020 have in store for commercial property?

After a strong second half of 2019, what does 2020 have in store for buyers and investors in the commercial property market? Burgess Rawson director Raoul Holderhead says the coming 12 months shape as an exciting time for the industry. Increased lending activity having a positive impact Early in 2019 we saw tightened lending conditions […]

Inverloch’s CBD faces revamp

The heart of Inverloch could be transformed, with prospect of a 56 apartment complex, a new retail precinct and even a new supermarket. The site of Inverloch Marine on the Esplanade is for sale and is expected to sell for at least $4 million. An architect believes the site could accommodate a three-storey complex with […]

Investors stock up with $70m in Portfolio Auction deals

Commercial property buyers have seized almost $70 million worth of property at Burgess Rawson’s final Melbourne Portfolio Auction event of 2019. With 16 properties selling as part of the campaign, it caps an extraordinarily successful second half of the year for the iconic auctions, which continue to achieve consistently high clearance rates. A Coles supermarket […]

Investors spend $18.3 million on Australian childcare centres yesterday

Five Australian east coast childcare centre investments sold for a total of $18.311 million to separate buyers yesterday. The assets formed part of a portfolio of 16 properties which traded at a bulk auction event, held by Burgess Rawson at Melbourne’s Crown Casino. Most are exchanging on passing yields between 5 and 7 per cent, […]

Coles Drouin investment sells for $12.5 million

A Coles tenanted supermarket in Drouin, about 37 kilometres east of Pakenham, sold for $12.5 million at Burgess Rawson’s 133rd portfolio auction event yesterday. Interestingly, the vendor acquired the asset at 10 Hop Street three years ago at the agency’s 107th gathering. It cost $10.01 million, then. Covering a site area of 4,874 sqm, the […]

Ballarat investor snaps up Peter Stevens site for $8.7 million

An $8.7 million sale of land on a highly-visible corner shows continued commercial interest remains strong in major Ballarat thoroughfares, agents say. The land attached to the Peter Stevens Auto Dealerships at the corner of Creswick Road and Howitt Street was snapped up at auction by a Chinese-born, Ballarat investor this week. Burgess Rawson’s Raoul […]