Ex-Queensland premier Campbell Newman buys Tassie car yards
Former Queensland premier turned property investor and and one-time Tasmanian resident Campbell Newman has snapped up $16.4 million worth of AP Eagers-leased car dealership sites in Tasmania, under his investment capital firm Arcana Capital. Arcana snapped up the properties located in Launceston and Devonport 30 minutes before Burgess Rawson’s scheduled portfolio auction in April which […]
More growth in site
Investors anxious for a big-box hardware outlet to come to market need wait no longer as new Bunnings Warehouse in Queensland is now up for sale. Opened last week, the Kingaroy store is set to be sold in 2019, according to Burgess Rawson director Billy Holderhead. Located about 155km northwest of Brisbane, it will be […]
Unique Albany Creek childcare centre ticks all the boxes
Double-storey. Double playgrounds. Undercover parking and prime Commercial zone suburban Brisbane land. A unique Albany Creek childcare centre that ticks all the boxes is expected to have investors circling when it goes to auction this month. The property at 16 Keong Rd is leased to established early learning operator Green Leaves on a new 15-year […]
Yield benchmark reset as Bunnings sells retail warehouse in SA for $21m
A Melbourne-based syndicate has bulked up its retail property portfolio after buying a recently built Bunnings warehouse in Victor Harbor, south of Adelaide, for $21.3 million. The 10,000 sqm DIY warehouse, which opened last year next to a new Coles supermarket on Adelaide Road, sold on a yield of 5.13 per cent. Property records show […]
Premium North Melbourne office to go under the hammer
A premium North Melbourne office at one of the city’s most significant interchanges is on the market, with a brand new fitout a part of the deal. Investors could be further swayed by the property’s significant lease to global healthcare operator Health Careers International, which is in place for five years and with a further […]
Poll win boon for buyers
Childcare centre landlords and their potentials buyers may have dodged a bullet, with planned spending reforms by the federal Labor Party now off the table, industry experts believe. If it had won the May election, Labor pledged to spend $4 billion on the sector to boost early childhood education and make childcare more affordable for […]
Melbourne’s 129th Portfolio Auction
A brand new Bunnings and a superbly located Shell Coles Express service station headline an exceptional list of commercial properties being sold as part of Burgess Rawson’s latest Investment Portfolio campaign. Fourteen properties will be auctioned at the agency’s 129th Portfolio Auction on June 26 in Melbourne, while another two, including the Bunnings, are being […]
Ipswich Near-new Shell Coles Express service station for sale
When it comes to location, a near-new Shell Coles Express service station for sale in booming Ipswich could be the best you’ll find. Adjoining Silkstone Village Shopping Centre on a prime corner site, the petrol station at 73 Blackstone Rd in Silkstone has passing traffic on all four sides, courtesy of entrances to the shopping […]
Brand new Bunnings Warehouse in Queensland
A brand new Bunnings Warehouse in Queensland is set to be the first of the hardware giant’s freestanding stores to be sold in 2019. The Kingaroy property, developed by one of Australia’s most experienced Bunnings builders, is being offered to market prior to its official opening on June 4. Developer Nic De Luca has constructed […]