Burgess Rawson is pleased to offer to market the Jax Tyres & Auto at 77 Bentinck Street, Bathurst NSW for sale via our Investment Auction Portfolio 167.
The property has the following investment highlights:
+ Brand new 7 year lease to 2031 plus options to 2041
+ JAX Tyres & Auto: wholly owned entity of Hankook Tire (KRX Listed) market cap of over $7.68b**
+ Fixed 3.5% compounding annual increases ensuring guaranteed rental growth
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance, land tax and management (capped at 3%) as per the lease
+ High profile 1,088sqm* corner landholding with new substantial tenant fitout
+ Strategic position next to major Woolworths anchored Bathurst City Centre shopping centre and in close proximity to other major brands including Mitre 10, Aldi, Commonwealth Bank & Tradelink
+ Bathurst: thriving inland city and renowned motorsport mecca, home to Mt Panorama and Bathurst 1000 – higher proportion of household spending on tyres & vehicle servicing than the state average
+ Central West: thriving region with 182,000+ people, set to experience significant growth^
+ Net Income $150,000 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 26 March 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register here: www.portfolioauctions.com.au
Please contact the exclusively appointed sales team for more information.
*Approx
**KRX: As of 27/02/2024 converted to AUD (approx)
^dataau.com.au
CBRE is pleased to offer to market the Guzman y Gomez at 226 Bridge Street, Tamworth NSW for sale via Private Treaty.
The property has the following investment highlights:
+ Brand new 20 year lease to 2043 plus two further 10 year options to 2063
+ Guzman y Gomez: one of Australia’s fastest growing fast food chains with 200+ restaurants internationally and employing over 15,000 people**
+ Compounding fixed 3% annual increases ensuring guaranteed rental growth
+ State of the art facility offering maximum depreciation benefits – Brand new construction in 2023
+ Freestanding dual lane drive thru on 2,036 sqm* corner site with prime exposure to Oxley Highway
+ Ample on site parking – 20 car spaces
+ Moments to Tamworth CBD surrounded by major brands including McDonald’s, Dominos, Coles Express and Woolworths
+ Tamworth: largest commercial centre in the North Western and New England Region supporting a catchment of around 200,000 people^
+ Net Income $258,775 pa* + GST
For Sale via Private Treaty.
Please contact the exclusively appointed sales team for more information.
*Approx
**www.guzmanygomez.com.au
^www.aph.gov.au
CBRE is pleased to offer to market this Westpac/St George anchored investment at 475-477 Princes Highway, Rockdale NSW for sale via Private Treaty. The property has the following key investment highlights:
+ Rare dual bank branch freehold anchored by Westpac & St George
+ Renewed 5 year net lease to Westpac to 2029
+ Westpac: top 5 ASX listed company (ASX: WBC) serving 12.7 million customers, with a market capitalisation of $90.55b**
+ In 2008 St George became part of the Westpac group and remains one of Australias leading retail and business banking brands
+ Long established Westpac featuring recent high-quality fit out & newly introduced St George
+ Strategic retail hub close to Rockdale Station & national brands including Australia Post, Commonwealth Bank, Anaconda, First Choice Liquor & Supercheap Auto
+ Two first floor self-contained offices with direct street access, providing additional income
+ Easily accessed via main arterials including the Princes Highway & M1, plus close to Sydney Airport
+ Rockdale: South Sydney suburb within Bayside LGA supporting over 191,385 residents^
+ Net Income: $189,303 pa* + GST
To be sold via Private Treaty.
Please contact the exclusively appointed sales team for more information.
*Approx
**ASX: As of 26/02/2024
^forecast.id.com.au
CBRE is pleased to offer 1 Patricia Street, Mays Hill NSW to the market for sale via our Investment Portfolio Auction 167.
The property has the following investment highlights:
+ Long 15 year net lease to 2038
+ Plus two 10 year options extending to 2058
+ Compounding 3% annual rent increases ensuring income growth
+ Net lease, tenant pays all usual outgoings as per the lease
+ Impressive architecturally designed purpose-built childcare centre opened in 2023, licensed for 111 LDC places – offering significant depreciation benefits
+ Young Academics ELC is a highly experienced & dominant childcare operator with 36 centres across Greater Sydney
+ Highly connected location – 1.5km* from Westfield Parramatta Shopping Centre, Westmead Hospital and four train stations
+ Mays Hill & Parramatta: young family demographic with population within 1.5km of property soaring at 75% faster than NSW average
+ Parramatta is evolving into a vibrant global city, driven by rapid population growth, significant investments in community and economic infrastructure, making it a key player in Sydney’s future
+ 15 schools within a 2km radius of the property
+ Land tax free commercial investment (NSW only)
+ Child Care/Early Education is a essential service and is one of Australia’s most sought after asset classes, heavily supported by Federal and State government funding. In 2022-2023, the Federal Government contributed over $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in 2023. This reform aims to make early education and care more affordable for around 1.2 million families.^
+ Net Income: $571,650 pa* + GST (May 2024)
To be sold by Investment Portfolio Auction
10:30 am AEDT Tuesday 26 March 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register here: www.portfolioauctions.com.au
Please contact the exclusively appointed CBRE team for more information.
*Approx
Burgess Rawson is proud to offer to the market for lease, 22/253 Scottsdale Drive, Robina QLD 4226.
+ 88sqm* tenancy with exclusive use of single lane drive-thru
+ High traffic area adjoining 7-Eleven, Japanese restaurant and Laundromat
+ High profile 3,294sqm* parent site with ample customer parking
+ Partial kitchen and service area fit-out on offer
+ Negotiable terms/long lease/options
+ Robina: economic powerhouse with population forecast to grow 71% by 2050 and the highest GRP contributor to the Gold Coast region*
+ Gold Coast: one of Australia’s fastest growing cities forecast to grow to over 1 million people by 2050*
For further information please contact the exclusively appointed Burgess Rawson Leasing Team.
*Approx.
Burgess Rawson & Commercial East Coast Investments are pleased to offer to market the 7-Eleven Convenience Centre & Go2 Car Wash located at 245 Ross River Road, Aitkenvale (Townsville) for sale via Expressions of Interest.
The property has the following investment highlights:
+ Anchored by twelve (12) year net lease to 7-Eleven plus four (4) further five (5) year options to 2055
+ Supported by twelve (12) year net lease to Go2 Car Wash plus four (4) further five (5) year options to 2055
+ 7-Eleven: recently purchased for $1.71 billion by 7-Eleven International LLC with 46,000 sites globally
+ Go2 Car Wash: state-of-the-art privately-owned self-service car wash
+ Landlord favourable net lease structures with 7-Eleven & Go2 Car Wash responsible for all usual outgoings excluding land tax
+ Strong and certain income growth with a mixture of fixed 3% annual rent increases and annual CPI reviews with ratchet provisions
+ Construction completed in July 2023, offering modern infrastructure and significant depreciation benefits ($305,403 in the first year)
+ High profile 3,435sqm* site located on the main thoroughfare of Ross River Road, a major arterial roadway with exposure to 23,000* vehicles passing daily
+ Centrally located to Townsville’s major social infrastructure including James Cook University, Townsville University Hospital and Townsville Mater Private Hospital, with all three amenities accessible via Ross River Road
+ Prominently positioned within a significant schooling catchment – 23 schools within a 3km* radius servicing 14,338* full-time students
+ Located within close proximity to numerous major retail amenities including Dan Murphy’s, Stockland Shopping Centre and Kmart Plaza, underpinned by national tenants including Big W, Myer, Kmart, Woolworths, Rebel Sport, Coles and various speciality retailers
+ Townsville: economic capital of North Queensland with over $27 billion in infrastructure projects underway and population forecast to grow 45% by 2041^
+ Combined Net Income: $440,960 pa* + GST
For Sale via Expressions of Interest
Closing 4pm AEST Thursday 21 March 2024 (if not sold prior)
Please contact the Burgess Rawson & Commercial East Coast Investments teams for more information.
*Approx.
^ Townsville City Council
CBRE is proud to offer to the market for lease, 2/2 Riverview Road, Nerang (Gold Coast) QLD.
+ 128sqm* tenancy
+ High traffic area adjoining Ampol and Zambrero drive-thru
+ Expansive 4,555sqm* parent site with ample customer parking
+ Strategically positioned 8km* from Surfers Paradise and located directly off the Pacific Motorway with convenient access
+ Partial kitchen and service area fit-out on offer
+ Negotiable terms/long lease/options
+ Surrounded by key national tenants Coles, Woolworths, Aldi, Dan Murphy’s, Bunnings, and Nerang Industrial Park
+ Gold Coast: one of Australia’s fastest-growing cities forecast to grow to over 1 million people by 2050*
For further information please contact the exclusively appointed CBRE Leasing Team.
*Approx.
CBRE is pleased to offer to the market 493 Ballarat Road, Sunshine VIC for sale via Expressions of Interest.
The property has the following investment highlights:
+ Ten (10) year lease to 2027 plus five (5) further five (5) year options to 2052
+ Dr Gastroenterology & Dr Scope: Melbourne’s leading gastroenterology and hepatology practice specialising in Endoscopy and procedures of the Gastrointestinal tract
+ Land rich 2,131sqm* freehold site with exposure to 60,000+ vehicles passing daily*
+ Favourable ‘Activity Centre Zone 1’ zoning, allowing for buildings up to 8-9 storeys (30 metres)
+ State-of-the-art 1,000sqm* day hospital with important 21 on-site car parks
+ Tenant pays outgoings as per the lease
+ Strong and certain rental growth with fixed annual, compounding 3% increases
+ Located 250 metres from Vicinity-owned Sunshine Marketplace, a single supermarket and DDS shopping centre anchored by Woolworths and Big W, complemented by over 50 specialty stores
+ Surrounded by complementary national retailers Bunnings, Woolworths, Coles, ALDI, Dan Murphy’s, JB Hi-Fi, McDonald’s, KFC, Hungry Jack’s and Big W, all within 1km*
+ Melbourne’s 2nd largest LGA, the City of Brimbank, generates $20.617 billion in annual economic output with an estimated 68,126 jobs in the area
+ To support the City of Brimbank’s growing population, building approvals have increased by 63% to $846 million since FY2021
+ Sunshine: strategic metro Melbourne location just 11km* west of Melbourne CBD, population forecast to grow 67.3% by 2041
+ Net Income: $528,544 pa* + GST
For sale via Expressions of Interest closing Wednesday 27 March 2024 at 4pm AEDT (if not sold prior).
Please contact the exclusively appointed CBRE team for more information.
*Approx.
CBRE are pleased to offer to the market the Bendigo Bank at 65 Centreway Mount Waverley VIC for sale via Investment Auction Portfolio 167.
The property has the following investment highlights:
+ Renewed 5-year lease to 2027 plus option to 2032
+ Pinewood Community Bank: Well-known and established community bank trading from this site for over 20 years with over 1,000 local customers**
+ Branch of Bendigo & Adelaide Bank: Top 100 ASX listed financial institution (ASX:BEN) with a $5.52 billion market cap*** and over 500 branches across Australia****
+ Fixed 4% compounding annual rent increases, ensuring strong and certain growth
+ Investor preferred, net lease terms with tenant paying all usual outgoings excluding land tax
+ Premier freehold title, within the Pinewood Shopping Village among over 70 other retailers including Coles Supermarket, Subway, Australia Post, Tasman Butchers, Priceline Pharmacy
+ Within 300 metres* of the Monash Freeway, a major commuter road connecting Melbourne CBD with South East growth corridors
+ Surrounded by important social infrastructure including Monash University, Holmesglen Institute and 21 schools within 3km* servicing over 11,300 full time students*****
+ Mount Waverley: Affluent eastern suburb of Melbourne, seeing a 24.3% increase in median house price to $1,615,500 since February 2021******
+ City of Monash: One of Melbourne’s largest LGA’s, population growth forecast to increase by 19.6% to 250,219 by 2041*******
+ Net Income: $78,470pa* + GST
To be sold via Investment Portfolio Auction 167
10:30am (AEDT) Wednesday 27 March 2024
River Room, Crown Casino, Melbourne
Please contact the exclusively appointed sales team for more information
*Approx
**Pinewood Community Bank – 2023 Annual Report
***ASX
****Bendigo & Adelaide Bank
*****GapMaps
******realestate.com.au
*******Forecast.id
CBRE is pleased to offer to the market the Hungry Jack’s & Viva Energy/Shell investment located at 2 Coles Drive, Ormeau for sale via our Investment Portfolio 167.
The property has the following investment highlights:
+ World class complementary tenancy mix secured by Viva Energy Australia and Hungry Jack’s.
+ Exceptional 7.8-year* WALE with evenly distributed income streams.
+ Viva Energy Limited (ASX: VEA): Blue-chip $5.4 billion ASX200 company & Shell’s Australian licensee controlling 20% of the retail fuel market. **
+ Hungry Jack’s: wholly owned subsidiary of Competitive Foods Australia Pty Ltd with annual revenue of $2 billion, up 12% from 2022.***
+ Landmark 4,990 sqm* corner freehold with triple street frontage, adjacent to the high trading Coles anchored Ormeau Village Shopping Centre and Zupp Property’s $100 million “Interciti’ commercial precinct.
+ Top tier ASX listed and national essential services tenant covenants.
+ State-of-the-art fuel and convenience retail centre plus two (2) level Hungry Jack’s restaurant plus drive thru.
+ Attractive annual fixed rent increases of 3.5%, along with favourable turnover rent from Hungry Jack’s.
+ New 2019 construction, offering significant depreciation benefits.
+ Ormeau: Booming median house price increasing by 27.1% over the past 24 months****
+ City of Gold Coast: Population of over 647,000 and the city is expected to approach 1 million by 2041.*****
+ City of Gold Coast Developments: $22.79 billion of completed or future developments within the Gold Coast Region.******
+ Net Income: $396,858 pa* + GST (plus Hungry Jack’s turnover rent)
For Sale by Investment Portfolio Auction
10:30am AEDT Tuesday 26 March 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register here: https://auctionslive.com/app/bidder-registration/XqLVP
ASIAN INVESTMENT SERVICES
ZOMART HE 何梓轩
0488 220 830
zhe@burgessrawson.com.au
*Approx
**Viva Energy Australia
***Competitive Foods Australia
****realestate.com.au
*****City of Gold Coast Economic Outlook 2023
******City of Gold Coast
