+ Secure income from Essential Service tenants
+ New lease to Government
+ New leases to Plastic & Reconstructive Surgery
+ Long standing tenants: Mater Health Services, Arthur J Gallagher (Fortune 500 Insurance Broker), Queensland Government & Queensland Plastic Surgery
+ Guaranteed rent growth – Fixed annual increases of 3.5%, 3.0% & 2.5%
+ Large 2,428 sqm site with 61 metre frontage to Ross River Road – a six lane road and major arterial connecting Townsville CBD to the residential suburbs
+ Well-designed, modern building constructed in 2006 with net lettable area of 1,624 sqm
+ 4-star NABERS Energy rating
+ Important 45 car parks on title with a mix of undercover and open air parking options
+ Excellent location within a medical precinct, only 300m to Stockland Shopping Centre, Centrelink & the Australian Tax Office
+ Townsville: The capital of North Queensland and Australia’s largest city north of Sunshine Coast with population of 195,430
+ Townsville’s economy is thriving with a Gross Regional Product of $11.74 Billion. The largest industry is Health Care & Social Assistance
+ Net Income: $448,252 pa + GST
Auction
10:30am AEST
Wednesday 24 June
– Renewed 3 year lease plus options to 2029
– Veris Ltd: Australia’s largest ASX listed surveying, planning and urban design firm
– Modern single level 333 sqm office building constructed 2008
– 918 sqm freehold corner site
– On-site parking for 14 vehicles
– Tenant pays all outgoings including land tax & management fees
– Annual rent reviews
– Proserpine: home to recently upgraded Whitsunday Coast Airport, 450k+ passengers annually
– Net Income: $57,318 pa + GST
Auction: 10.30am AEST Wednesday 24 June 2020
– 15 year lease to 2033 + 1 x 5 year option to 2038
– Long term lease to established Caltex operator
– Fixed 4% annual rent increases
– Land area: 2,024 sqm, over two separate titles, highway frontage
– Brisbane Valley Hwy. links the Warrego & D’Aquilar Hwys
– Harlin Roadhouse 1.5 hours approximately north-west of Brisbane
– Tenant pays all outgoings, as per the lease, including Land Tax and building insurance
– Tenant pays extra rent equal to 10% of future improvement costs
– Net Income: $129,792 pa + GST
Auction: 10.30 am AEST Wednesday 24 June 2020
+ Secure medical and pathology leases with long 4.56 year WALE – 100% occupied
+ Diverse income streams from a mixture of specialist medical fields including General Surgery, Orthopaedics, Anaesthetics and Pathology
+ Brand new, modern 570sqm clinic and surgery constructed in 2019 offering significant depreciation allowances
+ Highly sought-after essential service investment and tenancy mix
+ Busy Medical Centre utilised by 7 permanent and 11 visiting medical specialists
+ Mostly fixed rental increases assuring growth
+ Significant 2,227sqm Commercial 1 Zone (C1Z) site with a 42 metre frontage to Green Street and 29 car parks on Title
+ Key position in Wangaratta’s medical precinct, nearby Northeast Health Wangaratta Hospital (150 metres), Wangaratta Private Hospital, North East Podiatry, Wangaratta Paediatric clinic and Wangaratta Audiology
+ Northeast Health Wangaratta Hospital: The major hospital in North-East Victoria providing health care to over 90,000 residents across Wangaratta, Bright (and Ovens Valley), Mansfield, Beechworth, Myrtleford, Yarrawonga, Euroa, Benalla and The King Valley.
+ Wangaratta: Progressive Regional City servicing catchment population over 58,000
+ Rent: $227,804 pa + GST
For Sale by Investment Portfolio Auction
11:00am (AEST) Wednesday 23 September
+ Brand new 10 year lease to McDonald’s Australia to 2030 plus options to 2050
+ McDonald’s is Australia’s #1 fast food restaurant with over 970 stores nationally
+ Near new 15 year lease to 7-Eleven to 2033 plus options to 2053
+ 7-Eleven is Australia’s #1 convenience retailer with over 700 stores nationally and approximately 38% market share
+ Guaranteed rental growth with annual, fixed 3% and CPI+1% compounding rent increases
+ Tenants pay all usual outgoings (excl. land tax)
+ Impressive 4,028* sqm corner site with 3 street frontages, creating 203* metres of combined frontage
+ High profile, gateway location with the Gore Highway connecting Westbrook’s residential growth precinct and the Toowoomba CBD
+ Substantial tax depreciation benefits with up to 65% of the first year rent potentially free of income tax
+ Toowoomba: Australia’s second largest inland city after Canberra located 90 minutes west of Brisbane with a strong trade catchment of 169,000+ and set for rapid growth to 200,000* by 2035
+ Westbrook: Identified as a major growth area of Toowoomba, with master-planned communities, Coles anchored shopping centre and proposed Catholic primary and secondary schools
+ Combined Net Income: $448,611 pa + GST
Auction: Commencing 11am Wednesday 23 September 2020
Venue: Auctionworks, 50 Margaret Street, Sydney (interstate bidding options available on the day)
*Approximate
+ Prime high exposure position on Mooloolaba’s glamorous beachfront esplanade
+ Centrally located amidst high density multi-storey beachfront tourism precinct
+ Highly successful business, operating for 50+ years
+ Long standing tenants: Mooloolaba Beach Pharmacy (95% income) and Osteopath
+ Refurbished building with tenant occupying entire ground floor comprising 390 sqm
+ Attractive fixed 4% annual rent increases
+ Tenant pays all outgoings as per the lease
+ The Sunshine Coast economy has doubled over last decade to over $10 billion, with a population of 350,000+ and set to surpass 470,000 by 2036
+ Net Income: $389,839 pa + GST (as at December 2020)
For Sale by Investment Portfolio Auction
11:00am (AEST) Wednesday 23 September
CBRE and Gross Waddell ICR, with Advise Transact acting as Transaction Manager, are pleased to present this ultimate landbank investment merely meters from Australia’s largest shopping centre being Chadstone Shopping Centre.
1406-1424 Dandenong Road (corner Drummond Street), Oakleigh is a strategically positioned landholding and benefits from recently committed long term leases and significant passing depreciation benefits.
Investment highlights include:
Blue-chip investment with brand new 15 and 10+5 year leases to Chadstone Ford, Hyundai and Hungry Jack’s (expiring 2036).
Phenomenal and steady income stream with future value underwritten by surrounding high-density developments.
Invaluable 6,953 sqm* corner landholding providing combined frontage of 191 metres*.
Favourable Commercial 1 Zoning (C1Z) with a 10-level development precedent on the opposite side of Princes Highway.
Strategically positioned with the internationally acclaimed Chadstone Shopping Centre, iconic Eaton Mall, Monash Freeway and Oakleigh train station all within 1.1km*.
Bustling precinct which houses many national operators including Chemist Warehouse, Toyota, Shell, KFC and Beaumont Tiles plus many more.
Strong and certain rental growth via annual, fixed, compounding 2.5% rent increases.
Outstanding depreciation benefits, with 57% of year 1 rent potentially tax deductible (source Napier & Blakeley)
Thriving tenants in booming industries: Australia’s new car sales market is up 28.3% (source FCAI) and the drive thru fast food sector is growing at record pace.
Underlying land value with Oakleigh boasting a median house price of $1,450,000, up 20.4% in the last 12 months (source REIV).
International Expressions of Interest now closed. Announcement coming soon.
For further information please contact the agents directly.
*All measurements are approximate and all boundary mark ups are indicative only.
Brand new 5 year lease plus options to September 2028
Lessee pays all usual outgoings under Retail Lease Act
Located in the heart of trendy Brunswick Street
Leased to experienced operators
Commercial 1 zoned site on 2 titles
Substantial retail frontage of 12.6 metres
Fixed 3% annual rent increases
Rent: $146,000 pa
For Sale by Private Treaty
*Photos are for illustration purposes only
Burgess Rawson is pleased to offer to the market this Federal Government leased investment at 34-36 Patrick Street, Dalby QLD for sale via our Investment Portfolio Auction 166.
The property has the following investment highlights:
+ Highly sought-after Government leased asset class
+ Commonwealth of Australia: 3 year lease plus option to 2029
+ Attractive annual 4% rent increases, assuring income growth
+ Centrelink: Essential service Federal Government department
+ Substantial 1,879 sqm* landholding situated in the heart of the CBD
+ Excellent on site parking for 28* cars
+ Prominent corner location directly opposite Coles shopping centre and surrounded by other major national brands including McDonald’s, Supercheap Auto, Mitre 10 and Aldi
+ Impressive 5 star NABERS rating making this an incredibly energy efficient building
+ Easily managed single tenant investment – can be owned and managed from anywhere in Australia or overseas
+ Dalby: Part of the thriving Darling Downs region supporting over 128,000 people^
+ Net Income: $481,988 pa* + GST
To be sold by Private Treaty
Please contact the exclusively appointed sales team for more information.
*Approx
^abs.gov.au/census
Burgess Rawson is pleased to offer to the market this blue chip Centrelink investment at 174-176 Barton Street, Kurri Kurri NSW for sale via our Investment Portfolio Auction 166.
The property has the following investment highlights:
+ Commonwealth of Australia: 4 Year Lease to 2026 plus two (2) further three (3) year options to 2032
+ Highly sought-after government leased asset class
+ Centrelink: Essential service Federal Government department
+ Substantial 1,012 sqm* landholding situated in the heart of the CBD
+ Close proximity to Coles Shopping Centre and other local supporting infrastructure including Kurri Kurri Library, Kurri Kurri Ambulance Station and Kurri Youth Centre
+ Impressive 5 star NABERS rating making this an incredibly energy efficient building
+ Easily managed single tenant investment – can be owned and managed from anywhere in Australia or overseas
+ Cessnock City Council: thriving region supporting over 65,878 residents, forecast to surge by over 50% by 2041^
+ Net Income: $257,976 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 20 February 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx
^forecast.id.com.au
