+ 15 year net lease to Explorers Early Learning to 2034
+ Three further terms of ten years to 2064
+ Explorers Early Learning: high-end provider with 15 centres across Melbourne
+ Tenant pays all usual outgoings
+ Fixed 3% annual rent increases with market reviews at the commencement of each further term
+ As new child care facility, licensed for 168 LDC places
+ Consistent occupancy of over 90%
+ Strategic 2,900 sqm corner site with favourable “Priority Development’ zoning, 420 metres from Palmers road / Princes Freeway intersection, 600 metres from Safeway anchored Williams Landing Shopping Centre and only 20km from the Melbourne CBD
+ Significant depreciation benefits
+ Wyndham City: one of Australia’s largest growth areas, with forecast population of 512,591 residents by 2041 (70% increase)
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding of $10.5 billion in the 2019/20 financial year
+ Net Income: $521,683pa (as at June 2021)
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021 (unless sold prior)
Crown Casino, Melbourne
+ Renewed 5 year lease to May 2025 plus options to May 2035
+ Fixed annual rent increases assuring income growth
+ McMillan Chiropractic: wholly owned by IHC (Inter Healthcare) Group, 72 locations nationally
+ Immaculately presented 210sqm clinic incorporating reception, consultation rooms & amenities
+ Tenant pays all usual outgoings including management fees
+ Large 1,026sqm freehold site with staff car parking on title
+ Premium Commercial 1 zoning
+ Strategic position near Gippsland Shopping Centre and within a complementary medical precinct
+ Sale: Major Gippsland Commercial Centre with 32,000+ trade catchment
+ Income: $54,325 pa (July 2021)
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne
+ Brand new 10 year lease to April 2031 plus options to 2041
+ Fixed 3% annual rent increases
+ Tenant pays outgoings
+ GP Glass: Tasmania’s leading manufacturer of aluminium windows, doors, showers screens
+ Security of bond and personal guarantees to the performance of the Lease
+ Well maintained and recently extended 1,935sqm facility
+ Large 4,859sqm site with abundant car parking and hardstand
+ Devonport: important Port City centrally positioned to service Tasmania state wide
+ Net Income: $131,020 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne
+ 10 year lease to 2027 plus options to 2047
+ Viva Energy, a blue chip $2.8 billion ASX 200 company and Shell’s Australian licensee, 1,300 retail sites
+ Tenant pays outgoings as per the lease including Land Tax
+ Annual rent reviews
+ Huge 4,708sqm site with dual frontage totalling 80 metres including Centre Road
+ Alexanders Road: 8,300 vehicles daily including 575 heavy vehicles
+ Alexanders Road major heavy vehicle thoroughfare connecting Morwell/Traralgon and the Princes Highway through to Australian Paper Maryvale
+ Significant taxation depreciation benefits
+ Morwell: central within Greater Latrobe Valley urban area (population 75,000) regional hub of Gippsland, 145km east of Melbourne.
+ Morwell: current commercial developments totalling circa $40million including the Victorian Government backed GovHub and power giant Alinta Energy call centre, which will generate 500+ long term jobs.
+ Net Income: $187,459 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne
Contact Agent
CBRE
Raoul Holderhead 0413 860 304
Matthew Wright 0458 290 588
Quinns Reynolds Property
Marcus Quinn 0439 328 080
Linc Reynolds 0457 930 093
+ Tenant ready: Discovery Bay Early Learning with an initial 15 year net lease and commencement rental income of $378,200 per annum
+ Architecturally designed 903 sqm double storey child care facility, with DA approval for 122 LDC places
+ Prominent 1,735 sqm site directly opposite of Chirnside Park Shopping Centre anchored by three supermarkets and supported by 100+ specialty stores
+ Strategic position only, 650 metres from Chirnside Park Primary School, 750 metres from Oxley Primary and Secondary College
+ Chirnside Park & Lilydale: established residential suburb only 30 kilometers east form the Melbourne CBD.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with the Federal and State Governments providing record funding of $10.5 billion in the 2019/20 financial year
For Sale by Expressions of Interest
Closing 4pm (AEST) Tuesday 18 May 2021
Secure 5 year lease to 2025 plus one (1) further five (5) year option to 2030.
Landlord friendly net lease, tenant pays all usual outgoings as per the lease.
Guaranteed rental growth with annual fixed 3% rent increases.
193sqm C1Z site with ROW plus on-site parking.
ROW providing rear access and parking.
Rare and affordable freehold within one of Melbourne’s most prestigious and best performing retail and lifestyle precincts.
Long proven business occupying the premises since 1986.
Taco Bill- The longest running Mexican franchise in Australia with over 27 stores across Victoria.
Net Rent: $42,758.84* pa + GST.
To be sold by Investment Portfolio Auction:
10:30am AEST
Wednesday 12 May 2021
Southbank, Crown Casino, Melbourne
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Secure 7 year lease to 2026 plus two (2) further five (5) year options to 2036.
Coventry Group Ltd (ASX: CYG), a market leading hardware, industrial supply and fluid hydraulics business with a market cap of $117.46 million**.
FY21 Sales up 18.2%.
Landlord friendly net lease, tenant responsible for council rates, land tax and landlord insurances according to the lease.
Guaranteed rental growth with annual fixed 3% rent increases.
Prime 2,555 site in the Devonport CBD.
First class 1,998sqm (approx.) building comprising statewide head offices and retail outlet.
Dual frontage to Wenvoe Street and Formby Road which is a main arterial road into Devonport CBD.
Surrounded by leading retailers and outlets, Beaurepairs, Shell and Caltex.
Devonport: Largest North West Coast city, major service centre and tourism link to Melbourne and major Tas tourism attractions.
Commsec ranks Tasmania as Australia best performing economy in key indicators***.
Net Rent: $163,315* pa + GST.
To be sold by Investment Portfolio Auction:
10:30am AEDT
Wednesday 12 May 2021
Southbank, Crown Casino, Melbourne
2 other Nubco- Coventry Group Ltd freehold investments also available.
Contact sales team for more details.
**Coventry Group Ltd
***Commsec
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Secure 7 year lease to 2026 plus two (2) further five (5) year options to 2036.
Coventry Group Ltd (ASX: CYG), a market leading hardware, industrial supply and fluid hydraulics business with a market cap of $117.46 million**.
FY21 Sales up 18.2%.
Landlord friendly net lease, tenant responsible for council rates, land tax and landlord insurances according to the lease.
Guaranteed rental growth with annual fixed 3% rent increases.
Outstanding 4,131sqm* site with plenty of on site carparking and hardstand.
First class 1,534sqm (approx.) showroom and high span warehouse.
One of the best selling locations of leading national brands.
Surrounded by leading retailers and industrial tenants including Bunnings, JB Hi Fi, Officeworks, McDonald’s and Boral.
Invermay: Well established suburb of Launceston located 2.2kms from the CBD.
Commsec ranks Tasmania as Australia best performing economy in key indicators***.
Net Rent: $203,454* pa + GST.
To be sold by Investment Portfolio Auction:
10:30am AEDT
Wednesday 12 May 2021
Southbank, Crown Casino, Melbourne
2 other Nubco- Coventry Group Ltd freehold investments also available.
Contact sales team for more details.
**Coventry Group Ltd
***Commsec
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Secure 7 year lease to 2026 plus two (2) further five (5) year options to 2036.
Guaranteed rental growth with annual fixed 3% rent increases.
Land Size: 2,368sqm* and building area of 1,534sqm*.
Coventry Group Ltd (ASX: CYG), a market leading hardware, industrial supply and fluid hydraulics business with a market cap of $117.46 million**.
FY21 Sales up 18.2%.
Net lease, tenant responsible for council rates, land tax and landlord insurances according to the lease.
Located in the leading industrial precinct of Hobart’s northern suburbs with Bunnings, Coates Hire, United Tools, Total Tools, Searoad Logistics, ABS and Isuzu trucks all located within 500 metres.
Mornington: Located within the City of Glenorchy with a population of 71,558 within a 6km radius.
Commsec ranks Tasmania as Australia best performing economy in key indicators***.
Net Rent $180,862* pa + GST.
To be sold by Investment Portfolio Auction:
10:30am AEDT
Wednesday 12 May 2021
Southbank, Crown Casino, Melbourne
2 other Nubco- Coventry Group Ltd freehold investments also available.
Contact sales team for more details.
**Coventry Group Ltd
***Commsec State of the state report
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
****50% Stamp Duty Saving****
+ 100% occupancy Including Bendigo Bank (New 5 yr lease), Sureway, ACM & hair salon
+ Bendigo Bank: Top 100 ASX listed company. 5.61B market cap
+ Sureway: A leading training provider across Australia with locations in Victoria, NSW, South Australia and regional areas.
+ Combined 767sqm NLA with 50 metres retail frontage
+ Important link from Allan Street to Kmart & Woolworths Supermarket Carpark
+ Kyabram: Commercial and Retail service centre in diverse Goulburn Valley Region
+ Estimated Net Rent: $108,310pa + GST
For Sale for by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne
Click below for a virtual tour
https://bit.ly/3eeEG6a
