CBRE is pleased to present this development site prime for medical use located at 197 Rose Avenue, Coffs Harbour to the market for sale via Private Treaty.
The outstanding opportunity has the following key investment highlights:
+ Prime medical precinct development site
+ Prominent Coffs Harbour location
+ High profile 822sqm* development site in a prominent Coffs Harbour location
+ Prime medical precinct supporting day hospital, eye specialist, dentist, geriatrician & speech pathologist
+ Provides direct exposure to Pacific Highway with high volumes of passing traffic
+ Attractive E3 Productivity Support zoning allowing a flexible range of uses (STCA)
+ Coffs Harbour: population of 81,258* set to experience significant growth to 106,575* (31.16%) by 2041
+ Residential tenant in place on holding over lease term: $28,600 pa
For Sale via Private Treaty
Guide for offers: $825,000
*Approx.
CBRE and JLL are delighted to present to market a long established freehold medical Investment at 26A & 26B Dickens Street, Elwood Victoria for sale via Investment Portfolio Auction 166.
This investment has the following key highlights:
+ St Kilda Day Hospital: new 5 year lease to 2028 + plus options to International not-for-profit MSI with 37 locations worldwide.
+ St Kilda South Medical Centre: general practice in occupation since 1986 with renewed 5 year lease to 2028 plus options
+ Two well maintained and presented medical buildings totalling 418sqm plus basement car parking for 7 cars
+ Prominent 822sqm* corner landholding with high underlying land value and 46 metre* frontage to Dickens Street.
+ Attractive landlord-favourable net lease structures with tenants paying all usual outgoings excluding land tax.
+ Certain income growth with built in rent increases.
+ Well located within close proximity of the Alfred Medical and Education Precinct
+ Medical Centre income underpinned by subleases including Sonic Health and Healius Pathology
+ Elwood: fashionable bayside suburb bordered by St Kilda, Brighton and Caulfield with a median house price of $2,200,000
+ Net Income: $441,089* + GST (as at April 2024)
To be sold by Portfolio Auction 166
10:30am AEDT Wednesday 21 February 2024
Crown Casino, Melbourne VIC
CBRE in conjunction with Fitzroys are pleased to offer to the market the brand-new ANZ branch in Hampton East VIC for sale via Portfolio Auction 166 at Crown Casino on February 21st 2024 at 10:30am (AEDT).
The property has the following key investment highlights:
+ Lease to ANZ (ASX Top 6 listed company) with the tenant paying all outgoings as per the lease including land tax (SHB).
+ Immaculate fit out, incorporating the award-winning ANZ ‘Breathe’ concept.
+ Customer demand led to ANZ hand selecting this particular location which services important and established catchment with personal and business banking services.
+ Fixed 4% annual rent increases assuring future rental growth.
+ Impressive 401sqm* freehold site with 11 metres* of frontage and exposure to Nepean Hwy frontage plus ROW.
+ Highly sought-after Activity Centre Zone 1 site with height limit of 5 storeys (17 metres STCA) ensuring potential future upside.
+ Strategic Nepean Highway location with exposure to 64,640* vehicles passing daily**
+ A minimal management, essential service investment.
+ Located directly opposite Moorabbin train station and within an established and successful retail precinct that features Subway, Macpac, Chemist Warehouse and Anytime Fitness.
+ Hampton East: Highly sought after metro bayside suburb surrounded by some of Melbourne’s most highly sought after residential addresses and located 14km* from Melbourne CBD.
+ Annual Net Income: $166,400pa* + GST (June 2024)
For Sale via CBRE’s Portfolio Auction 166
Wednesday 21 February 2024, 10:30am AEDT
Crown Casino, Melbourne
For further information, please contact the conjunctional selling agents below:
CBRE
Matthew Wright – 0458 290 588
Zomart He – 0488 220 830
Justin Kramersh – 0460 349 605
Fitzroys
Tom Fisher – 0417 980 824
Mark Talbot – 0409 222 411
CBRE in conjunction with CBRE Perth are pleased to offer to the market Hungry Jack’s, 20 Tamala Lane, Yanchep (Perth) WA for sale via our Investment Portfolio Auction 166.
This investment has the following key highlights:
+ Brand new Ten (10) year lease to December 2033 plus options to 2053.
+ Hungry Jack’s: wholly owned subsidiary of Competitive Foods Australia Pty Ltd with annual revenue of $2 billion, up 12% from 2022. (1)
+ Investor preferred net lease terms with Hungry Jack’s paying all outgoings including single holding land tax.
+ Fixed 2.75% annual rent increases assuring income growth
+ Brand new 273sqm* restaurant with dual lane drive thru and important 14 on-title car parks.
+ December 2023 construction completion providing significant 61% potential depreciation in year 1. (2)
+ High profile 2,289sqm* freehold site with important 43 metres* of exposure to busy Marmion Avenue.
+ Situated in thriving Yanchep retail precinct amongst brand new Coles SC, Woolworths SC, ALDI, McDonald’s, KFC, 7-Eleven and Ampol.
+ Booming location, with retail trade catchment forecast to soar by 268% by 2041. (3)
+ Located 2km* from the Yanchep Lagoon, a major tourism hotspot forecast to attract 1.1 million visitors per year by 2041. (4)
+ Yanchep growth underpinned by $1.1B Yanchep Railway Extension due for completion June 2024, providing direct access to Perth CBD. (5)
+ Yanchep: situated in Perth’s booming northen coastal corridor with median house price up 36.5% since October 2020. (6)
+ Net Income: $210,000pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 21 February 2024
Crown Casino, Melbourne
*Approx
1. Competitive Foods Australia
2. J Mathew Advisory
3. Forecast.id
4. DBCA WA
5. Metronet.wa.gov
6. realestate.com.au
Note: under the new subdivision (processed by the City of Wanneroo, 10th October 2023), Hungry Jack’s Yanchep’s physical and legal property address is now 20 Tamala Lane, Yanchep WA 6035. As it has only recently been registered, please search 2 Peony Boulevard, Yanchep WA 6035 on Google Maps to locate the property.
Burgess Rawson is pleased to offer to the market the PFD Foods (Woolworths), Whyalla SA for sale via Investment Portfolio Auction 166.
This investment has the following key highlights:
+ Leased to subsidiary of Woolworths Group Ltd (ASX: WOW), PFD Foods, to 2026 plus options to 2046.
+ Woolworths Group is Australia’s #1 retailer with a market cap of $43.57Bn and sales of $64.3Bn in FY23.**
+ PFD Foods, one of Australia’s largest food service distributors and part of the Woolworths’ B2B Food Division with sales up 28% in FY23.***
+Attractive landlord-favourable net lease structure; PFD Foods (Woolworths) pay rates, land tax, building insurance, public liability insurance, management fees, repairs and maintenance.
+ Certain rental growth with fixed annual rent increases.
+ 919sqm* cold storage facility including offices, warehouse and cold storage area, loading docks and expensive hardstand.
+ Substantial 5,719sqm* landholding with low 16% site coverage providing ample car space and scope for further expansion/development.
+ Position perfect for distribution with easy access to Lincoln Hwy and Whyalla Airport, one of SA largest regional Airports.
+ Situated directly opposite major national brands, Petstock, Supercheap Auto, Mitre 10, Domino’s and within 100 metres of Westland Shopping Centre.
+ Strength of region highlighted by the Australian Federal Governments recent plans to build a world-leading hydrogen power plant in Whyalla SA as part of their $2bn investment in the Hydrogen Headstart Program.****
+ Stamp Duty Free Investment
+ Whyalla: largest industrial city and principal centre for manufacturing, steel production and resource processing in the Upper Spencer Golf.
+ Net Income: $73,112pa* + GST (as at May 2024).
To be sold by Portfolio Auction 166
10:30am AEDT Wednesday 21 February 2024
Crown Casino, Melbourne VIC
For further information, please contact the exclusive selling agents at Burgess Rawson.
Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401
* approx
** asx.com.au
*** woolworthsgroup.com.au
**** premier.sa.gov
CBRE is pleased to offer to market ‘Novita Services’ located at 4 Draper Street, Kadina SA for sale via Auction Investment Portfolio 166.
The opportunity has the following key investment highlights:
+ New five (5) year lease to ‘Novita Services’ to 2028.
+ Two (2) further 5 year options to 2038.
+ Novita Services: established business of 80+ years and one of South Australia’s largest NDIS disability support providers.**
+ Strong rental growth forecast with annual CPI rent reviews.
+ Well maintained 356sqm* office building with current major tenant funded upgrades (circa $300,000) plus 311sqm* storage shed at rear.
+ Strategic 1,263sqm* landholding positioned amongst Kadina’s CBD and nearby national retailers including Cheap as Chips, ALDI, Pets Domain, Toyota, Hungry Jacks, McDonald’s, Kmart and Woolworths.
+ Kadina: key commercial service centre and capital of the Yorke Peninsula.
+ Copper Coast: progressive and successful municipality servicing a population in excess of 15,000 people, anticipated to grow 7% each year for the next decade.***
+ Stamp duty free investment opportunity.
+ Combined Net Income: $110,558 pa* + GST.
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 21 February 2024
Crown Casino, Melbourne
*approx
** Novita Services
*** Copper Coast Council
CBRE is pleased to offer to the market 10 Larsen Road, Byford WA for sale.
This opportunity has the following key investment highlights:
+ 10-year net lease to Busy Bees to 2031.
+ Two further 5-year options to 2041.
+ Busy Bees: UK-based global early education provider with 850+ centers worldwide, including 222 in Australia and New Zealand
+ Fixed 3% annual rent increases.
+ Tenant pays all usual outgoings including management fees and land tax.
+ Strong trading business, acquired by Busy Bees.
+ Well-maintained centre licensed for 37 LDC places.
+ Strategic location within 650 metres* from Coles anchored Byford Village, ALDI, Dan Murphy’s and Byford Marketplace underpinned by Woolworths.
+ High profile 1,000sqm* corner site, conveniently positioned with direct exposure to Evans Way and Larsen Road and opposite the Marri Grove Primary School.
+ Surrounded by essential social infrastructure, including eight schools within a 3km radius, serving a combined total of 4,450 full-time students..**
+ Byford: One of Perth’s fastest growing localities, and a highly desirable family-oriented suburb providing affordable housing options for young families. Conveniently located 38 kilometres southeast of Perth CBD, Byford provides excellent access to essential retail, commercial, and transport amenities. With a median house price of $515,000, experiencing 21% growth since December 2020. *** The Western Australian government’s substantial $797 million investment in the Byford Rail Extension (Metronet) represents its largest commitment to public transport+. This significant funding is poised to further enhance Byford and its amenities.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform taking effect from July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.****
+ Net Income: $102,058 pa* + GST.
Please contact the exclusively appointed team for more information.
*Approx.
**Gap Maps
***Realestate.com.au
****Australian Government – Department of Education | Childcare Subsidy Reform
CBRE is pleased to offer to the market 2 Evans Way, Byford WA for sale.
This opportunity has the following key investment highlights:
+ 10-year net lease to Busy Bees to 2031.
+ Two further 5-year options to 2041.
+ Busy Bees: UK-based global early education provider with 850+ centers worldwide, including 222 in Australia and New Zealand
+ Desirable 3% annual rent increases.
+ Tenant pays all usual outgoings including management fees and land tax.
+ Immaculate centre licensed for 47 LDC places.
+ Strong trading business, acquired by Busy Bees.
+ Strategic location within 650 metres* from Coles anchored Byford Village, ALDI, Dan Murphy’s and Byford Marketplace underpinned by Woolworths.
+ High profile 1,047sqm* corner site, conveniently positioned with direct exposure to Evans Way and Larsen Road and opposite the Marri Grove Primary School.
+ Surrounded by essential social infrastructure, including eight schools within a 3km radius, serving a combined total of 4,450 full-time students.**
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform taking effect from July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.***
+ Byford: One of Perth’s fastest growing localities, and a highly desirable family-oriented suburb providing affordable housing options for young families. Conveniently located 38 kilometres southeast of Perth CBD, Byford provides excellent access to essential retail, commercial, and transport amenities. With a median house price of $515,000, experiencing 21% growth since December 2020. **** The Western Australian government’s substantial $797 million investment in the Byford Rail Extension (Metronet) represents its largest commitment to public transport. This significant funding is poised to further enhance Byford and its amenities.
+ Net Income: $149,586.90 pa* + GST.
Please contact the exclusively appointed team for more information.
*Approx.
**Gap Maps
*** Australian Government – Department of Education | Childcare Subsidy Reform
****Realestate.com.au
CBRE in conjunction with Empire Property are delighted to offer to the market, this outstanding government leased investment in a prime position of the Fremantle CBD.
+ Recently renewed 4.5 year lease plust options to the Western Australian Government.
+ Occupied by WA Police as the Fremantle Police Headquarters with rental guarantee on level 1.
+ Fixed annual 4% increases, assuring rental growth.
+ Tenant pays all outgoings as per the lease.
+ Large 1,040sqm* CBD sit with rare dual frontage
+ 2,059sqm* building over three levels including 18 secure basement car spaces.
+ Attractive City Centre zoning ripe for future value-add potential
+ Fremantle CBD: Booming residential growth set to increase by 120% by 2046 **
+ Fremantle: Western Australia’s Port City located at the mouth of the Swan River 20kms* south of the Perth CBD.
+ Estimated Net Rental: $448,980 pa* + GST
For Sale by Private Treaty
*Approx
**Forecast.id
CBRE in conjunction with Gagliardi Scott Real Estate are pleased to offer to the market ANZ, 261-267 Wyndham Street (corner Fryers Street), Shepparton VIC for sale via our Investment Portfolio Auction 166.
This investment has the following key highlights:
+ Renewed Four (4) year lease to August 2027 plus option to 2031.
+ ANZ: ASX top 7 banking giant with current market cap of $77.41B*.
+ Investor preferred net lease terms with ANZ paying all usual outgoings including land tax.
+ Fixed 3% annual rent increases with important lease provision ensuring rent cannot reduce at market review.
+ Modern 587sqm* freestanding building with recent $1.5 million* tenant funded upgrade.
+ Important ANZ bank incorporating retail branch and business banking facility.
+ Services large trade catchment, only ANZ branch within 100km* or 1 hour drive*.
+ Prime 617sqm* freehold corner site with significant 38 metre* frontage to Fryers Street.
+ High profile Goulburn Valley Highway position with 29,000* VPD. (1)
+ Potential 50% stamp duty saving.
+ Shepparton: major regional city with a 140,000+ trade catchment.
+ Net Income: $177,190pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 21 February 2024
Crown Casino, Melbourne
*Approx
1. GapMaps