201 First Street Geraldton WA (PA130)

Renewed 6 year lease to 2023 plus option to 2028.
Guaranteed rental growth – fixed 3.5% annual rent increases.
Tenant pays all usual outgoings including Land Tax.
Gateway location opposite busy Bunnings Warehouse with 16,000+ vehicles passing daily.
Modern building with 8 on-site car parks.
Prominent 1,012 sqm corner site.
Geraldton: Major economic hub, Mining, Tourism, Aquaculture & Agriculture including Australia’s largest grain export terminal. By 2036 population growth is forecast to grow more than 35% to 65,000.
Domino’s $3.28 billion ASX listed company with 2,450 stores globally selling 180 million pizza’s in 2017/18.
Net Income: $56,886 pa

Auction 11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne

30-32 Bridge Street Bendigo VIC

Renewed 5 year lease to Coliban Water to 2024.
Secure 5 year lease to Dorevitch to 2022 plus options.
Fully redeveloped and upgraded in 2007 – Circa $1.5m.
Tenants pay all usual outs incl land tax.
Large 1,036 sqm commercial 1 zoned site with dual frontage & 16 on-site car spaces.
Impressive 999 sqm 3 level building redeveloped in 2007.
Important location opposite Coliban Water head office, Bendigo Base Hospital recently undergone $630m upgrade.
Greater Bendigo: Vic’s third largest urban centre, a growing population of 116,000+, forecast to increase to 155,000 by 2036.
Net Income: $277,693 pa

Auction 11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne

6 Alstonvale Court Bendigo VIC

Renewed 5 year lease to 2023 to Star Track Express.
Guaranteed rental growth –Fixed annual 3% rent increases.
Tenant pays all usual outgoings as per the Lease.
1,368 sqm despatch centre and warehousing facility incl high clearance warehouse, office, truck wash + drive around rigid access & extensive hardstand.
Future proof design with potential for expansion & addition of three loading bays.
Significant landholding of 6,142 sqm – ideal logistics location with easy access to major transport routes & Bendigo Airport.
Star Track: Australia’s largest delivery network. 16,000+ vehicles on the road, 11.9 million delivery points across the Australia Post network.
Net Income: $146,775 pa

Auction 11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne

37 Sydney Road Benalla VIC

Huge 10,800sqm site with 80m highway frontage.
Versatile Commercial 1 Zoning.
Flexible alternative uses include Supermarket, Showrooms, Large Format Retail, Medical, Fast Food, Fuel etc (STCA).
Substantial 2,982sqm former supermarket with loading dock.
Highway location next to Mitre 10, Bridgestone, Holden & Ford Dealers and 1km from Benalla CBD with Woolworths & Coles Supermarkets & McDonalds.
Benalla: Large regional city with a trade catchment of 14,000+.

For Sale by Expressions of Interest

106 Sanger Street Corowa NSW

Suits $600k+ buyers.
Brand new 3 year lease to ASX listed NAB, plus options.
Tenants pay all usual outgoings as per lease agreements.
Generous annual rent increases.
NAB: Top 6 ASX listed company with $72.81 billion market cap.
Three Gables Pty Ltd: Local business operators in occupation 16+ years.
Impressive 383sqm period style building with separate first floor access.
Corowa: Capital township of the Federation Shire with a growing population of 12,392.
Net Rent: $44,851 pa + GST

Auction 11am AEST Wednesday 26 June 2019
River Room, Crown Casino, Melbourne

323 River Street (cnr Brunswick Street) Ballina NSW

Brand new 15 year lease to 2034, plus options to 2054
Fixed annual 3% increases including lease renewals
Tenant pays all usual outgoings
Strategic 1,641 sqm main road corner site with 17,500 vehicles passing daily
Absolute brand new improvements
Significant taxation saving depreciation
Thriving NSW North Coast region gateway to Byron Bay (30km north), trade catchment circa 44,000 plus year round holiday influx
Rent: $305,000 p.a + GST

Private Sale

16-18 Harry Vallence Drive Bacchus Marsh VIC

+ 15 year Triple Net lease to Affinity Education to 2029
+ Two further 5 year options to 2039
+ Min 2.5% pa rent increases plus ‘ratchet’ provisions at market review
+ Affinity Education: highly successful early education provider with over 150 centres nationally
+ Modern purpose-built child care facility licensed for 103 LDC places
+ Tenant pays all outgoings including capex, management fees and multiple holding land tax
+ Prominent 2,995sqm site with main road exposure
+ Net Income: $312,004 pa + GST and outgoings

Auction 11am AEST Wednesday 26 June 2019
River Room, Crown Casino, Melbourne

73 Blackstone Road Ipswich (Silkstone) QLD

Brand new 10 year lease direct to Coles Group to June 2029 plus options to 2049
Fixed annual 3% rent increases – including at exercise of option
Tenant pays usual outgoings as per the lease
Coles Express: 685+ outlets across the country & subsidiary of ASX Top 20 company Coles Group – Market cap $17B
Blue chip PAD site within Silkstone Village Shopping Centre, anchored by high volume Coles plus 9 complimentary retailers including Liquorland and 275 car parking spaces
As new improvements constructed 2017 including double skin fibreglass tanks
Significant tax depreciation benefits
City of Ipswich: population to increase 143% to 520,000 by 2041. 95% of households owning at least one car^
Net Rent: $200,873 pa

^(Source: City of Ipswich)

Auction 11am AEST Wednesday 26 June 2019
River Room, Crown Casino, Melbourne

171 Westbury Road Prospect (Launceston) TAS

90% of income secured by lease to 2028 + option
Balance of the lease to 2023 + option WALE 9.2 years
Significant 16,330 sqm landholding with 101 car spaces
Important facility leased to Tasmanian Department of Primary Industries, Parks, Water & Environment and Department of State Growth
Well presented buildings totalling 3,992 sqm including brand new 550 sqm warehouse storage facility
Strategic location within Tasmanian Government precinct adjoining Government owned office and laboratories
Greater Launceston: The major city servicing Tasmania’s north with population in excess of 110,000
Net Rent: $508,184 pa (Estimated as at July 2019)

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

207-209 Barham Road Deniliquin NSW

Secure 10 year lease to 2023 plus options to 2033
Dahlsens head office company lease
Tenant pays all usual outgoings as per the lease
Dahlsens: Established 1877, largest independent hardware retailer in Australia and powerful buying group of building products. Servicing catchment including Cobram, Hay, Berrigan
Annual rent reviews
Large site area 5,131 sqm with significant street frontage of 41 metres
Combined building areas totalling 1,185 sqm
Deniliquin: Hub of the largest irrigation network in Australia and an important commercial centre servicing agricultural industries with a trade catchment population circa 12,000+
Rent: $92,472 pa

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne