Properties Archive

55 McKenzie Street Melton VIC

+ Prime 1,012 sqm site with DA approval for 110 place child care facility
+ Architecturally designed two-storey facility with basement parking for 19 cars
+ Outstanding opportunity for either a developer or an owner / operator to construct within an existing residential location
+ Positioned metres from Melton’s main retail shopping strip, ALDI, and Woodgrove Shopping Centre underpinned by Woolworth/Coles and 165 specialty stores.
+ Located within easy access of both the Western Freeway and Melton Highway and only 35 kilometres west from Melbourne’s CBD
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ City of Melton: One of the fastest growing municipalities in Australia, home to 172,500 people, supporting 26,139 jobs and has an annual economic output of $8.074 billion

For Sale by Expressions of Interest
Closing 3pm (AEDT) Wednesday 20 October 2021

*Mitchell Institute, Australian Investment in Education: Early Learning.

8 Chapman Road Geraldton WA

+ Recently renewed lease to December 2029 plus options
+ Westpac Banking Corp: One of Australia’s largest providers of financial services with a market cap of $94.32B (ASX:WBC).
+ Tenant pays all usual outgoings as per lease including Land Tax.
+ Guaranteed rental growth with annual fixed 3% rent increases.
+ Excellent tax saving depreciation benefits
+ Direct access via Chapman Road, a major Geraldton arterial road servicing an average of 14,000+ vehicles per day.**
+ Immaculate 312sqm premises in strategic retail/finance precinct including ANZ, CBA, NAB, and BOQ.
+ Perfect position opposite the entrance to Stirlings Central, one of Geraldton’s largest shopping centres, anchored by Woolworth, Best and Less, BWS, Reject Shop and 35 specialty retailer.
+ Surrounded by important social infrastructure including 11 schools within 2km servicing a combined 4,401 full time students.**
+ Conveniently situated within close proximity to various high-profile tenants – IGA, Harvey Norman, Cotton On, Cellarbrations, Vinnies and various fast-food restaurants all within 300 metres.
+ Geraldton: Major economic, Mining, Tourism, Aquaculture & Agriculture Hub including Australia’s largest grain export terminal. By 2036, the City of Geraldton’s population is forecast to grow 47% to 56,103.***
+ Strategic essential service investment.
+ Net Income: $143,286 pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Thursday 30 September 2021

**GapMaps
***Forecast.id

*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.

1 Wurundjeri Drive Epping VIC

Extended 5 year net lease with options through to 2036.
Annual CPI reviews through to 2026 converting to fixed 2.5% increases through option periods.
Securely leased to leading packaged liquor manufacturer (Tailored Beverage Company) with stock lines throughout Coles and Woolworths stores nationally.
Six month Bank Guarantee in place, plus the tenant pays council rates, water rates, land tax and management fees.
5,008sqm* corner site in the tightly held Northpoint Enterprise Park which is surrounded by leading industrial, FMCG and LFR occupiers including the Melbourne Fruit and Vegetable Markets, Bunnings Warehouse, Ford, Mercedes, Mission Foods and StratCo.
Strategic logistics location, 1km to the Hume Freeway and Ring Road network via Cooper Street.
Building comprises two adjoining modern office/warehouse facilities totalling 1,603sqm*.
Over 1,000sqm* of potential expansion land (STCA) on title.
Net rental: $324,944 pa + GST.