+ Brand new three (3) year lease to 2026 plus one (1) further two (2) year option to 2028.
+ Rye Clip Joint: Well-established hairdresser business.
+ Strong and certain income growth with fixed annual, compounding 4% increases.
+ Investor friendly net lease, with tenant paying all usual outgoings.
+ Well-presented 87 sqm* retail premises.
+ Blue chip retail location in the heart of the Rye Town Centre, less than 650 metres* from Woolworths, Rye RSL, Rye Hotel, Subway, Australia Post and Rip Curl.
+ Prime beachfront position directly across from Rye foreshore campgrounds, Rye Pier, Front Beach and Rye Summer & Easter Carnival.
+ Direct Exposure to Point Nepean Road, a major commuter road, in the off peak period sees 21,400+ vehicles passing daily.**
+ Single tenant minimum management investment.
+ Within a 3 km radius, the total household spending on retail totaled $17.35 million in 2022.**
+ Booming bayside destination, Rye has a median house price of $1,100,000 up 47% since October 2020. ***
+ Mornington Peninsula Shire: Tourism has seen a 55% increase from the previous year with total domestic tourists reaching 8.23 million people.****
+ Entry level investment within tightly held Rye retail precinct.
+ Estimated Net Income: $34,415 pa* + GST.
To be sold via Investment Portfolio Auction 165
10:30am (AEDT) Wednesday 6 December 2023
River Room, Crown Casino, Melbourne.
This property is being sold along with two other investments within the same retail complex. Also Available:
Shop 6 & 7 – Xpress Gourmet Pizza
+ Brand new five (5) year lease to 2028.
+ Estimated Net Income: $57,327 pa* + GST.
Shop 8 – Bayside Fish & Chips
+ Brand new five (5) year lease to 2028.
+ Estimated Net Income: $37,305 pa* + GST.
*Approx
**Gap Maps
*** realestate.com.au
**** Mornington Peninsula Shire
+ Brand new five (5) year lease to 2028.
+ Bayside Fish & Chips: new and successful fish & chip shop.
+ Strong and certain income growth with fixed annual, compounding 4% increases.
+ Investor friendly net lease, with tenant paying all usual outgoings.
+ Important high profile 76 sqm* corner retail shop with tenant funded stainless steel kitchen including fryers and cooktops.
+ Blue chip retail location in the heart of the Rye Town Centre, less than 650 metres* from Woolworths, Rye RSL, Rye Hotel, Subway, Australia Post and Rip Curl.
+ Prime beachfront position directly across from Rye foreshore campgrounds, Rye Pier, Front Beach and Rye Summer & Easter Carnival.
+ Direct Exposure to Point Nepean Road, a major commuter road, in the off peak period sees 21,400+ vehicles passing daily.**
+ Single tenant minimum management investment.
+ Within a 3 km radius, the total household spending on retail totaled $17.35 million in 2022.**
+ Booming bayside destination, Rye has a median house price of $1,100,000 up 47% since October 2020. ***
+ Mornington Peninsula Shire: Tourism has seen a 55% increase from the previous year with total domestic tourists reaching 8.23 million people.****
+ Entry level investment within tightly held Rye retail precinct.
+ Estimated Net Income: $37,305 pa* + GST.
To be sold via Investment Portfolio Auction 165
10:30am (AEDT) Wednesday 6 December 2023
River Room, Crown Casino, Melbourne.
This property is being sold along with two other investments within the same retail complex. Also Available:
Shop 5 – Rye Clip Joint
+ Brand new three (3) year lease to 2026 plus one (1) further two (2) year option to 2028.
+ Estimated Net Income: $34,415 pa* + GST.
Shop 6 & 7 – Xpress Gourmet Pizza
+ Brand new five (5) year lease to 2028.
+ Estimated Net Income: $57,327 pa* + GST.
*Approx
** Gap Maps
*** realestate.com.au
**** Mornington Peninsula Shire
+ Brand new five (5) year lease to 2028.
+ Xpress Gourmet Pizza: Established in 2010, growing fast-food retailer with five (5) stores across Victoria and two (2) more coming soon.
+ Desirable annual CPI rental reviews.
+ Investor friendly net lease, with tenant paying all usual outgoings.
+ High-Profile 126 sqm* retail shop over two (2) titles with impressive fit-out in accordance with the tenant’s corporate layout and design consisting of restaurant and takeaway component along with on-site liquor license.
+ Blue chip retail location in the heart of the Rye Town Centre, less than 650 metres* from Woolworths, Rye RSL, Rye Hotel, Subway, Australia Post and Rip Curl.
+ Prime beachfront position directly across from Rye foreshore campgrounds, Rye Pier, Front Beach and Rye Summer & Easter Carnival.
+ Direct Exposure to Point Nepean Road, a major commuter road, in the off peak period sees 21,400+ vehicles passing daily.**
+ Single tenant minimum management investment.
+ Within a 3 km radius, the total household spending on retail totaled $17.35 million in 2022.**
+ Booming bayside destination, Rye has a median house price of $1,100,000 up 47% since October 2020. ***
+ Mornington Peninsula Shire: Tourism has seen a 55% increase from the previous year with total domestic tourists reaching 8.23 million people.****
+ Entry level investment within tightly held Rye retail precinct.
+ Estimated Net Income: $57,327 pa* + GST.
To be sold via Investment Portfolio Auction 165
10:30am (AEDT) Wednesday 6 December 2023
River Room, Crown Casino, Melbourne.
This property is being sold along with two other investments within the same retail complex. Also Available:
Shop 5 – Rye Clip Joint
+ Brand new three (3) year lease to 2026 plus one (1) further two (2) year option to 2028.
+ Estimated Net Income: $34,415 pa* + GST.
Shop 8 – Bayside Fish & Chips
+ Brand new five (5) year lease to 2028.
+ Estimated Net Income: $37,305 pa* + GST.
*Approx
**Gap Maps
*** realestate.com.au
**** Mornington Peninsula Shire
Burgess Rawson is pleased to offer to the market 40-42 President Avenue, Caringbah NSW for sale by Private Treaty.
The property has the following features:
+ Renewed 7 year lease to 2029 + options to 2044 (tenant in occupation for 21+ years)
+ ForHealth: one of Australia’s largest medical and healthcare providers with 70+ medical centres nationally. Owned by Private Equity powerhouse, BGH Capital, largest PE fund focused on Australia and New Zealand
+ Multi-disciplinary medical centre offering General Practice, Specialist Treatment, Nursing, Dental, Pathology, Imaging, X-Ray and much more
+ Fixed 3% annual rent increases ensuring long term compounding rental growth
+ Strategic 1,144 sqm* freehold landholding improved by a 1,434 sqm* multi-level medical centre benefiting from over 33m* of frontage to President Avenue
+ Secure basement carparking for 43 vehicles.
+ Proven healthcare position close to Sutherland Hospital, Kareena Private Hospital and Ramsay Surgical Centre Miranda
+ ForHealth Caringbah is ideally located near the corner of Kingsway and President Avenue across from Centrelink, Chemist Warehouse, McDonald’s, Woolworths Caringbah and a brand new $80million, 122 residential apartment development incorporating a brand new Coles Supermarket and Liquorland
+ Landlord friendly net lease with tenant responsible for 100% of outgoings inc. Property Management, R&Ms & NSW multi-holding Land Tax
+ Caringbah: prized Sutherland Shire location 29 km to Sydney CBD and 5 km to Cronulla Beach
+ Net Income: $1,079,318 pa* + GST
For sale by Private Treaty
Please contact the exclusively appointed Burgess Rawson team for more information.
CBRE is pleased to offer to the market this freehold office/warehouse industrial building at 13 Bastow Place, Mulgrave VIC for sale via Expressions of Interest.
This opportunity has the following key highlights:
+ Prominent 968 sqm* freehold land within tightly held precinct.
+ Gross building area of 677 sqm* including 351 sqm* of high clearance warehouse.
+ Special Use Zone 6 (SUZ6) – Favourable land zoning providing flexibility for future use.
+ Modern office includes open plan areas, boardroom, partitioned offices, kitchen and amenities.
+ 18m* frontage and important 10 car spaces on site plus ample loading/unloading area.
+ 3 Phase power, motorized roller door, alarm system and end of trip facilities.
+ Owner Occupiers: A rare chance to secure a well-presented, well-equipped freehold building in a tightly held precinct.
+ Investors: The property benefits from the record low industrial vacancy rate of 0.6%** with 13.5%y/y^ rental growth providing surety that tenants can be secured quickly and competitively.
+ Established location close to major national brands including Amazon, Pfizer, Mercedes Benz, Audi, BMW, Tesla, Adidas, Toyota and Forty Winks,
+ Strategic position with easy access to major arterials such as Springvale Road, Dandenong Road, Wellington Road, Princes Highway, Eastlink (M3) and Monash Freeway (M1).
+ Available with or without the warehouse pallet racking.
+ To be sold with vacant possession.
+ Potential net rental: $111,705 pa* + GST + Outgoings ($165/m2)
To be sold via Expressions of Interest
Closing Thursday 30th November at 3pm AEDT
To arrange an inspection, or for more information, please contact the selling agents below.
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
JUSTIN KRAMERSH
0460 349 605
jkramersh@burgessrawson.com.au
*approx.
**JLL
^Knight Frank
CBRE and Dixon Commercial Real Estate are pleased to offer to the market 38-40 High Street (corner Huon Street), Wodonga VIC for sale via Expressions of Interest as part of our Portfolio Campaign 165.
The property has the following key highlights:
+ Commanding 3,811sqm* two level freehold building incorporating lift.
+ Diverse income streams from government, medical, corporate, retail and health & fitness fields.
+ Anchored by VIC Gov Dept of Education with recent $400k tenant funded fit-out upgrade.
+ 20 Immaculate corporate office suites on level 1 with reception, boardroom and kitchen.
+ Fixed 3% annual rent increases and annual CPI reviews.
+ Important 41 secure on-title car spaces including 16 undercover car spaces.
+ Significant 2,811sqm* corner site across two titles with huge 107 metre* combined street frontage.
+ High profile CBD position on busy High Street with 24,000 vehicles passing daily. **
+ Ultimate flexibility with future redevelopment/subdivision upside STCA.
+ Wodonga: robust economy with low vacancy rates and house prices up 40% since April 2021. ***
+ Potential 50% stamp duty saving.
+ Net Income: $595,486pa* + GST (as at 1 March 2024)
For Sale via Expressions of Interest:
Closing 3:00pm (AEDT) Thursday 7 December 2023
*Approx
**GapMaps
***Realestate.com.au
CBRE Agents
Beau Coulter – 0413 839 898
Justin Kramersh – 0460 349 605
Sam Mercuri – 0413 830 709
Dixon Commercial Agents
Andrew Dixon – 0417 516 531
Oscar Dixon – 0408 212 299
CBRE is pleased to present to market 1/251 Ross River Road, Aitkenvale. A high-profile air-conditioned retail showroom tenancy available for immediate lease. The property has significant exposure to Ross River Road & is located in the heart of Aitkenvales business precinct.
+ The retail centre accommodates long term tenants Greencross Vets and Pet HQ
+ Tenancy area: 1,154sqm*
+ 997sqm* showroom plus 157sqm* mezzanine offices
+ 64 metre* frontage to Ross River Road
+ Excellent exposure to 25,000 vehicles passing daily*
+ Existing amenities including shower facility
+ Fully air-conditioned
+ Loading dock and warehouse storage with roller door access
+ 46+ car parking spaces available
+ Open plan layout
+ Conveniently positioned near major retailers such as BP, Caltex, Dan Murphys as well as Townsvilles premier shopping village, Stockland Shopping Centre, which is underpinned by major retailers Myer, Coles, Woolworths, Big W & 132 specialty tenants
+ Favourable Mixed-Use Zoning, offering long-term flexibility to accommodate a broad range of uses including retail, medical/allied health and commercial office tenants Please contact the exclusively appointed CBRE team for more information..
*Approx.
Burgess Rawson are delighted to present to the market the Sure Real Estate Agency for sale by Investment Portfolio Auction 164.
This investment has the following highlights:
+ New 7 year lease to May 2030 plus options to 2040.
+ Landlord preferred, net lease terms with tenants paying all usual outgoings.
+ Rare, fixed 4% annual rent increases.
+ Sure Real Estate: New and exciting real estate agency supporting Pakenham’s growth corridor – including the new East Precinct delivering 7,200 homes.** (under development)
+ Immaculate 93sqm* corner premises with dual access and a high-end tenant fit-out.
+ Recent build providing significant tax saving depreciation benefits.
+ Single tenant minimum management investment.
+ Conveniently situated in an expanding residential precinct amongst supporting retailers including Pizza Hut, Bottlemart, Snap Fitness and more.
+ Surrounded by important social infrastructure including 9 schools and tertiary education facilities servicing 6,000+ full-time students.***
+ Pakenham: Melbourne’s major eastern growth corridor, population estimated to increase 59.9% by 2041.**
+ Net income: $44,650 pa* + GST.
*Approx
**Urban Developer
***GapMaps
To be sold via Investment Portfolio Auction 164
10:30am (AEDT) Wednesday 25 October 2023
Crown Metropol – Melbourne
CBRE & First National Glen Innes are pleased to offer to the market 233 Ferguson Street, Glen Innes NSW for sale via our Investment Portfolio Auction 164.
The property has the following investment highlights:
+ Highly sought-after affordable government leased investment
+ NSW Government: Renewed 3 year lease plus option to 2027
+ Long standing government tenant operating at this property for 21+ years (since 2002)
+ Property and Development NSW: central property agency for the NSW government, set to deliver positive social, economic and environmental outcomes
+ Substantial 1,218 sqm* landholding offering ample parking
+ Close proximity to Coles Shopping Centre and other local supporting amenities including Police Station, Glen Innes Hospital & Town Hall
+ Easily managed single tenant investment – can be owned and managed from anywhere in Australia
+ Glen Innes: A growing New England location situated at the junction of the New England & Gwydir Highway
+ Net Income: $63,478 pa + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 24 October 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx
CBRE is pleased to offer to the market 84-88 Griffith Street, Coolangatta QLD for sale via Private Treaty.
The property has the following investment highlights:
+ NAB: New 5 year lease plus options to November 2034
+ Thai Massage: recent 5 + 5 year lease to 2033
+ Positioned in the heart of Coolangatta’s main retail & resort precinct with 15 hotel/resorts within a 400m* radius
+ Promotively located corner site with three street frontages, providing huge exposure
+ Sought after ‘Centre’ Zoning, perfect for future redevelopment (STCA)
+ Fixed 3% rent increases ensuring future income growth
+ Directly across from Woolworths anchored ‘The Strand’ Shopping Centre supported by a dynamic mix of fashion, surf wear, supermarkets, gifts and homeware tenants
+ Only 2.8km* from the Gold Coast International airport with over 6.5 million visitors per annum^^
+ Coolangatta: The Gold Coast’s southernmost city, has become a thriving shopping & holiday location
+ City of Gold Coast: Australia’s sixth largest city with the population forecast to increase from 650,000 to 1 million by 2046^
+ Total Net Income: $226,505 pa* + GST
For Sale by Private Treaty.
Please contact the exclusively appointed CBRE team for more information.
^ www.goldcoast.qld.gov.au
^^www.goldcoastairport.com.au
*Approx.
