Latest News Articles

Childcare centres, petrol stations drive $63m of auction sales

Investors stocked up on securely leased childcare centres and petrol stations but spurned a freestanding Bunnings warehouse in Horsham at the final commercial property portfolio auction of the year. Of the 11 childcare centres and petrol stations offered for purchase by agents Burgess Rawson, two sold before auction and six sold under the hammer at […]

Rare foreshore frontage site to spark developer rush

An exceptionally rare opportunity to secure a development site with foreshore frontage on Victoria’s coastline has hit the market. The centrally located site within the popular tourist town of Inverloch, 86km south-east of metro Melbourne, offers potential buyers the chance to create a sought-after mixed-use development just metres from the beach. Currently the long-time home […]

Create more bang for your buck

The softening of residential property prices and a volatile share market in recent years have persuaded many mum-and-dad investors to switch to commercial real estate, through which they can preserve and grow their portfolio’s capital value. The uptick in commercial property values has been particularly impressive for regional properties, while not detracting from their affordability, […]

Slurping up a hot investment

The appetite for fuel and convenience outlets is voracious, according to Burgess Rawson, as investors forked out $78 million for 15 stores leased to 7-Eleven in the agency’s October portfolio auction. The buying bonanza recorded a stunning average yield of just 4.67 per sent, with a store in the outer Sydney suburb of Liverpool netting […]

Hammer time on the North-West

The United service station at Wivenhoe and a key component of Devonport’s automotive precinct will be up for grabs at an auction next week. No. 53 Don Road, Devonport, is leased to Burson Auto Parts and represents an “outstanding entry level” investment opportunity. It is expected to attract investor interest of about $650,000. Burgess Rawson […]

Loan window widens, time is ripe for canny, cashed-up investors

There has been an uptick in lending to property investors in the second half of this year, the magnitude of which has not been seen since 2016, official figures reveal. The Australian Bureau of Statistics says there was a 4.7 per cent increase, to $4.6 billion, in loans for investments during September – the sharpest […]

147 Fenaughty Street for sale

THE office building at 147 Fenaughty St, Kyabram will be auctioned at Crown Casino next month after commercial real estate developers Burgess Rawson saw investment opportunity. The 1819sq m building with 130m of triple street frontage and six car parking spaces currently earns a net annual income of $143,681 and has all tenants on renewed […]

‘Best trading’ Coles set for auction date

Booming trade and a population explosion are set to drive interest in a prime Coles supermarket investment on Melbourne’s outskirts that will be auctioned next month. Investors will have the chance to own the freehold interest in the Coles at Drouin, 33km east of metropolitan Melbourne, when the property is put on the block as […]

Fuelling new retail optimism

The boom in online shopping has continued to deliver blows to retail properties but a new report says some sub-sectors are producing strong returns. “Investment demand in sector is now relatively soft compared to office and industrial, however, some opportunistic buyers are appearing,” according to Cushman & Wakefield’s October Australian Investment Marketbeat. “2019 has marked […]

Q&A with Pat Kelly, Managing Director Brisbane

Q: Why are investors looking at medical/healthcare assets? A: “Put simply, increased demand for services within this sector has investors looking for their slice of a growing market. There is no doubt Australia has an ageing population, in fact over the 20 years between 1998 and 2018, the proportion of the population aged over 65 […]