Renewed lease to Officeworks until January 2027 plus options.
Blue-chip tenant, wholly owned subsidiary of $62 billion Wesfarmers Ltd (WES: ASX).
Officeworks is a market leading essential service retailer and major beneficiary from the work-from-home shift, recently reporting a 23.6% increase in half year sales revenue*.
Significant depreciation benefits, with 58.2% of first year’s rent potentially tax free.**
Attractive net lease terms with the tenant responsible for rates, insurance and land tax
Strategic CBD gateway corner location surrounded by The Good Guys, Dan Murphy’s, KFC, First Choice Liquor, Mercedes Benz and Albury Station, all within 300 metres.
Long established 4,924 sqm site with over 95 metre frontage to Riverina Highway, occupied by Officeworks since 1999.
The twin cities of Albury/Wodonga have a booming population of 100,435, with 7,673 businesses supporting 51,747 jobs***.
Housing demand in Albury (monthly views per property) is up 290% since March 2020 and the median unit price has increased 25.5% in the last 5 months****.
Estimated Net Rent: $525,000 pa
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne
*Wesfarmers
**Napier & Blakeley
***.id
****realestate.com.au
Strategic tavern investment within the Mantra Mooloolaba Beach Complex on Mooloolaba Esplanade.
Securely leased to ALH until October 2025 plus three further 10 year options.
ALH is Australia’s #1 hotelier with 332 venues nationally.
ALH is a division of Endeavour Group, which is currently 85% owned by Woolworths Limited and operates 1,384 BWS stores and 246 Dan Murphy’s stores.
Net lease terms with the tenant responsible for council rates, water rates, body corporate fees, insurance and land tax.
Popular Irish Pub with TAB and 3am license.
The O’Malley’s tavern license is critical to Endeavour Group’s retail liquor network across the Sunshine Coast, providing three detached bottle shop licenses for nearby BWS stores in Maroochydore, Buderim and Wurtulla.
High foot-traffic location with Coles, BWS and Australia Post all within 150 metres.
The Mantra complex is set to benefit from the Mooloolaba Foreshore Redevelopment project. The project includes a proposed tidal pool and adventure park immediately opposite and improved pedestrian linkages between the Mooloolaba Beach and the retail/hospitality precinct.
Mooloolaba is a booming tourism and sea-change location on the Sunshine Coast, where the median house price has increased by 15.5% since January 2020*.
Estimated Net Rent: $317,742 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne
*realestate.com.au
+ Brand new 10 year net lease to Hungry Jack’s Pty Ltd plus options to 2041.
+ Fixed annual 2% increases.
+ Tenant is wholly owned subsidiary of Competitive Foods Australia Pty Ltd – $1.81 billion revenue FY19-20.
+ Tenant pays usual outgoings as per the lease including Land Tax.
+ Long proven and established 24 hour store with drive-thru, established 18 years.
+ Important 41 on-site car spaces with integration to adjoining Caltex.
+ Prime 3,435 sqm* corner site with huge exposure to 14,600 vehicles passing daily.
+ Port Kennedy Drive is the main vehicular thoroughfare connecting Port Kennedy to the Kwinana Freeway (Perth CBD / Mandurah).
+ Port Kennedy: situated in Perth’s southern growth corridor. Part of City of Rockingham council with 74% population growth to 239,147 by 2041.
+ Income: $200,000 pa* + GST.
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne
Contact Agent
Raoul Holderhead 0413 860 304
Beau Coulter 0413 839 898
Christopher Carcione 0415 393 082
Rob Selid 0412 198 294
+ Stamp Duty Free Investment
+ Secure 10, 5 & 3 year leases with options
+ Diverse income stream includes cardiology, obstetrics, pathology & plastic surgery
+ Annual rent reviews
+ Position perfect CBD location opposite Mt Gambier Council Chambers and new $35M shopping centre anchored by Coles / ALDI & nearby Woolworths, Dan Murphy’s, Spotlight etc
+ 1,742sqm corner site with dual 74 metre frontage
+ Important 33 on-site car spaces
+ Striking 505sqm facility including new and fully renovated buildings with significant depreciation benefits
+ Mt Gambier: South Australia’s second largest urban city, population of 27,000
+ Net Income $186,129 pa approx. (July 2021)
Auction Wednesday 31 March 2021 10.30am (AEDT)
River Room, Crown Casino, Melbourne
Co Agent: Herbert Commercial
David Herbert
08 8725 0500
commercial@herbertcommercial.com.au
Brand New 15 Year Net Lease to 2036 + options to 2056
Northshore Car Wash: A proven and successful operator, part of the Sparkletown Car Wash network – currently in 3 locations with a pipeline of 5 additional locations
Guaranteed rental growth, fixed, compounding 3% annual rent increases
Prime location opposite Bunnings, Caltex and McDonald’s, excellent exposure to constant high volumes of traffic
Growth location with future Stockland Town Centre to be built immediately adjacent to the site plus future Ambulance Service
Tenant pays all usual outgoings including management fees
Townsville’s economy is thriving with a Gross Regional Product of $12.38 Billion
North Shore: Fast emerging township, only 13km to Townsville CBD and 10km to Townsville Airport. North Shore is perfectly positioned for easy access to the major business districts and the RAAF Base
Townsville: The capital of North Queensland and Australia’s largest city north of Sunshine Coast with population of 195,430
Net Income: $115,320 pa + GST
For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 31 March 2021
This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Under Instruction from KordaMentha – Agent for the Mortgagee in Possession
****Potential 50% Stamp Duty Saving****
+ Secure 7 year Government Net Lease plus 5 + 5 year options to 2038
+ Significant tenant refurbishment due for completion July 2021
+ Prime highway position next to McDonald’s close to KFC & Coles
+ 1,504 sqm* site with 28* metres frontage and on-site parking
+ Fixed 2% rent increases
+ 1,305 sqm* building with potential future tax depreciation benefits
+ Warrnambool: Victoria’s largest coastal city (outside Port Phillip Bay) with a growing trade catchment circa 100,000 approx.
+ Net Income: $287,100 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021
*approx
+ Long term 10 year lease to 2028 plus option to 2033
+ Annual, fixed, compounding 3.5% rent increases
+ Tenant pays all usual outgoings excluding land tax
+ Industry Bean: iconic coffee wholesaler/retailer and café network with 6 key metro sites in Melbourne, Sydney & Brisbane
+ Irreplaceable 603 sqm landholding with significant development upside (STCA)
+ Impressive 641 sqm building including mezzanine level with recent innovative capital-intensive tenant fit out – circa $2.5million
+ Strategic location in the heart of Newstead (Brisbane’s thriving inner city), ideally positioned between the popular Gasworks Shopping Centre servicing 2,267 workers and over 9,300 residents and the iconic James Street Retail Precinct (Fortitude Valley)
+ James Street retail features a diverse mix of over 110 specialty stores, located one kilometre from Brisbane’s CBD, evolving into one of Australia’s leading retail, fashion and lifestyle districts
+ Newstead/Teneriffe: One of the fastest growing regions within Brisbane with an estimated 55% of the working population under 35 years of age**
+ Estimated Net Rent: $210,163 pa
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021
+ Secure 5 Year lease to established & successful practice plus 2×5 year options to 2033.
+ Impressive capital intensive fit-out over 101.5sqm floor area.
+ Fixed 3% rent increases assures rental growth.
+ Tenant pays all usual outgoings.
+ High profile corner retail position.
+ Anchored and supported by adjoining Aldi, Chemist Warehouse and medical centre.
+ Strategically positioned in Melbourne’s booming South-Eastern growth corridor.
+ 25 car parks at shop front plus further 100+ car spaces in adjoining shopping centre.
+ City of Casey: Melbourne’s major South-Eastern growth corridor. Population forecast to grow to 550,000* by 2041^.
+ Net Income: $42,436 pa
For Sale by Investment Portfolio Auction
11AM (AEDT) Wednesday 24 February 2021
***50% STAMP DUTY SAVING AVAILABLE***
+ Long Term 10 years leases to Continental AG/Mycar & Viva Energy To 2029 plus options to 2049.
+ Viva Energy Group Limited (ASX: VEA), a blue-chip $2.9 billion ASX-listed company and Shell’s Australian licensee with 1,292 retail fuel sites across Australia.
+ Mycar: Formally Kmart and Auto, purchased by Continental AG late 2018, a major international automotive supply company with €44.5 billion in sales worldwide.
+ Supporting specialty retail shop on brand new 7 year lease to experienced Melbourne hospitality operator.
+ Important tax depreciation benefits with up to 56% of the first year rent potentially free of income tax.*
+ Significant 4,001sqm corner site with 58 metre exposure to the Surf Coast Highway, with 19,200 vehicles passing daily.
+ Absolute position perfect in Torquay’s large format retail and industrial business precinct, adjoining Aldi Supermarket & Car Wash, metres to Bunnings, Petstock, Surf Coast Shire HQ and Schools.
+ Torquay: The fastest growing location within the Surf Coast Shire with median house price 87% higher than Regional Victoria^.
+ Surf Coast Shire: The gateway to the Great Ocean Road visited by more than 2.5 million travellers annually. Resident population more than tripling over peak holidays times.
+ Blue-Chip, pandemic proof, essential service investment.
+ Estimated Net Income: $408,840 pa
^REIV
*Napier Blakely
Secure 10 year triple net lease to 2026 plus seven further 10 year options to 2096.
Viva Energy Group Limited (ASX: VEA), a blue-chip $2.9 billion ASX-listed company and Shell’s Australian licensee with 1,292 retail fuel sites across Australia*****.
Rare, landlord-favourable, triple net lease terms with tenant responsible for rates, building insurance, public liability insurances and land tax.
Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment).
Guaranteed rental growth with annual fixed 3% rent increases.
Strategic 1,633 sqm* corner site on key arterial linking New England Highway and Maitland. Commercial Centre which includes Woolworths, Kmart, ALDI and Bunnings.
Directly opposite brand new $10.5 million dollar Maitland Regional Sports Complex including 400 metre synthetic track, spectator and amenities building and car parking.
Evolving precinct with house prices up 20% up since 2018**** and a brand new 3 level, 17-unit residential development recently completed 5-doors (50 metres) away.
Maitland City Council’s 85,166 population is set to grow by 31% to 111,829 by 2041**.
Part of the Hunter Valley, the largest regional economy in Australia with an estimated 322,000 jobs, outperforming Tasmania, the Northern Territory and the ACT in terms of economic output***.
Strategic essential service investment.
Rent $164,280 pa*
To be sold by Investment Portfolio Auction:
11am AEDT
Tuesday 8 December
Yallamundi Rooms
Sydney Opera House
2 other Viva Energy/Shell freehold investments also available.
Contact sales team or visit burgessrawson.com.au/lp/vivaportfolio for more information.
**Remplan
***New South Wales Government
****realestate.com.au
*****Viva Energy
*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.
