Burgess Rawson is pleased to offer to the market 555-557 Princes Highway, Narre Warren VIC for sale via our Investment Portfolio Auction 164.
This opportunity has the following key investment highlights:
+Ambulance Victoria: Benefitting from the recently announced $500M state funding, this Government service provides emergency pre-hospital response to more than 840,000 cases each year.
+Renewed 6 year lease to Ambulance Victoria to September 2029 plus further option to 2035
+Net lease with tenant paying all usual outgoings – land tax exempt (Land Tax Act 2005 Section 74).
+Favourable annual CPI rent reviews.
+Prominent 1,406sqm* corner landmark freehold site with a combined 75 metre* frontage
+Freestanding building with dual cross over to Princes Highway and Richardson Street
+Strategic tenant choice location with easy access to major arterials, Princes Highway, Monash Freeway and Narre Warren North Road
+High exposure location only 200 metres from Monash Freeway & Princes Highway intersection with 129,000 vehicles passing daily
+Modern well kept 405sqm* station, purpose built for Ambulance Victoria in 2010
+Position perfect, adjacent to national retailers, Mercedez Benz, Toyota, KFC and only 750m* from Casey Lifestyle Centre (JBHi-Fi, Total Tools, Petbarn + more)
+Only 1km* from Narre Warren train station
+Immediately opposite the Mercedes Benz car dealership and service centre which services all ambulance vehicles
+Specialised emergency light signals, allowing immediate and direct vehicle access onto Princes Highway
+City of Casey population is forecast to grow 40.57% to 551,362 residents by 2041
+Net income: $119,940 pa + GST
To be sold via Investment Portfolio Auction 164
10:30am (AEDT) Wednesday 25 October 2023
Crown Metropol – Melbourne
Unless sold prior
CBRE is pleased to present to the market 446 Maroondah Highway, Lilydale for sale via Portfolio Auction #163
This opportunity has the following key investment highlights:
+ New 10 year ‘Head Office’ lease to Belgravia to October 2032, plus further options to 2042.
+ Belgravia Group: national powerhouse with 300+ locations, 80,000 members, 7,000 employees and $150m+ annual turnover.
+ Landlord favourable net lease terms with the tenant responsible for all usual outgoings.
+ Land rich 6,229* sqm corner site with significant frontage and exposure to Maroondah Hwy, servicing 25,000+ vehicles daily
+ Important 103 car spaces on-title, providing seamless access and entry to the facility.
+ Immaculately presented 2,412sqm* building with recent $3million capital expenditure, providing significant depreciation tax benefits.
+ Fixed annual rent increases, ensuring future rental growth.
+ Strong membership base with over 2,400 members and growing rapidly, capturing the Yarra Valley region.
+ Strategically positioned in the heart of Lilydale’s main activity centre and surrounded by key national retailers; Supercheap Auto, Repco, Pet Stock, Toyota, Nissan, Shell and more.
+ Lilydale: rapidly growing Eastern suburb of Melbourne and the main gateway to the famous Yarra Valley tourism and wine region, 35km from the Melbourne CBD.
+ Net Income: $546,000* pa + GST (as at October 2023)
Burgess Rawson is pleased to offer to the market RTS (Roma Truck Spares) & Pengelly Trucks and Trailers located at 109 Raglan Street, Roma QLD for sale via our Investment Portfolio Auction 163.
This opportunity has the following key investment highlights:
+ Three (3) year lease to RTS to 2026 with three (3) year option to 2029
+ Eight (8) year lease to 2030 with two (2) five (5) year options to 2040 to Goodyear tenant
+ RTS (Roma Truck Spares) & Pengelly Trucks and Trailers: based in Toowoomba and have expanded to Roma
+ Fixed 3% annual reviews to RTS (Roma Truck Spares)
+ The greater of CPI or 2% annual rental reviews to Goodyear tenant
+ Modern tilt slab construction, offering depreciation benefits
+ Tenants paying their portion of outgoings as per lease
+ Unique building, able to be divided into multiple units, each individually metered
+ Construction: high bay roller door access, entire site concreted, and security fenced and gated
+ Prime location with easy access to the Warrego Highway in Roma Industrial/Trade estate
+ Roma: thriving service centre for south west Queensland and home to the southern hemisphere’s largest cattle sale yards
+ Estimated Net Income: $100,115 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 14 September 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx.
Burgess Rawson are delighted to offer to the market an opportunity to acquire a 100% fully leased major freehold interest at 68-76 Percy Street, Portland VIC for sale via Investment Portfolio Auction 163.
+Fully leased investment including seven (7) commercial & seven (7) residential tenancies.
+Multiple tenancies providing multiple streams of income.
+Prized 1,513sqm* landholding, with premium Commercial 1 Zoning (C1Z).
+Commercial tenancies with landlord favourable net leases, with the tenants paying all usual outgoings, as per the leases.
+Large 1,500sqm* building with rear lane access and significant 37metre* frontage to Percy Street, Portland’s main commercial road link.
+Central amongst national retailers including Woolworths, ALDI, IGA and major banks.
+Less than 1 kilometre* from important public infrastructure, Portland District Health and Portland Port.
+Portland Port: One of Australia’s busiest regional ports and the largest sustainable hardwood chip export in the world.
+Potential 50% stamp duty savings.
+Portland: major commercial centre with multiple economic drivers including shipping, commercial fishing, agriculture and tourism.
+Net Income: $143,720 pa* + GST.
To be sold by Investment Portfolio Auction 163
10:30am AEST Wednesday 13 September 2023
Crown Casino, Melbourne
For more information, please contact the exclusive selling agents.
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au
CBRE is pleased to offer 51 Cross Road, Kingswood (Adelaide) SA for sale via our Investment Portfolio Auction 163.
This opportunity has the following key investment highlights:
+ New fifteen (15) year net lease to 2038.
+ Two (2) further ten (10) year options to 2058.
+ Wanslea Nursery School & ELC: part of Bower Education network, a multi-centre operator with over 30 years’ experience in providing quality early childhood education to Adelaide families
+ Desirable 3.5% annual rent increases, ensuring future income growth
+ Landlord friendly net lease structure with the tenant responsible for all usual outgoings
+ Stamp duty free investment opportunity
+ Stunning 90 LDC place centre fully refurbished in 2022, integrating a character-filled cottage
+ Highly esteemed education rich precinct – 19 schools within a 5 min drive of the centre, providing education to over 14,000** students
+ Strategically positioned 1,865sqm* corner site with exposure to 29,900+^^ passing vehicles daily
+ Kingswood – highly sought-after affluent inner-city suburb boasting charming tree lined streets with the median family weekly income 42%** higher than the state median, 4.6* kilometres from the Adelaide CBD
+ Child Care/Early Education is an essential service and one of Australia’s most sought-after asset classes; both the Federal and State Governments have allocated unprecedented funding to support this sector. In 2022-2023, the Federal Government is projected to contribute $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^
+ Net Income: $384,315 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 13 September 2023
Crown Casino, Melbourne
*Approx.
**Gapmaps webportal & ABS
^Australian Government – Department of Education | Child Care Subsidy Reform
CBRE is pleased to offer to the market 21-22 Crosbie Road, Murrumbeena (Melbourne) VIC for sale via Expressions of Interest
This opportunity has the following key investment highlights:
+ Long 23-year net lease to Sparrow Early Learning to 2040.
+ Two further 10-year options to 2060.
+ Sparrow EL: 56 centres nationally, a subsidiary of Hong Kong listed Fullshare Holdings Ltd.
+ Rare 4% fixed annual rent increases.
+ Generational investment with strong underlying land value.
+ Tenant pays all outgoings including land tax.
+ Premium purpose-built centre, licensed for 112 LDC places.
+ Established and successful centre in operation since 2016.
+ Positioned within an exclusive educational catchment precinct (12 schools within 2 kilometre radius) & Glen Eira’s elite sporting hub, including Duncan Mackinnon Reserve & GESAC.
+ High profile and substantial 2,202sqm* site fronting Crosbie Street with immediate access to North Road, servicing 38,380 vehicles passing daily.**
+ Murrumbeena: tightly held family-friendly suburb, with a median house price of $1,600,000+ and within 13km of the Melbourne CBD.
+ Child Care/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding plus an additional $4.7 billion to deliver more affordable child care, which includes increasing the Child Care Subsidy (CCS) rates from July 2023. This reform aims to enhance the affordability of early education and care for approximately 96% of families with a child in care.***
+ Net Income: $511,188 pa* + GST
For Sale via Expressions of Interest
Closing 4:00pm (AEST) Thursday 21 September 2023
Please contact the exclusively appointed CBRE childcare team for more information.
*approximate
**gapmaps
***forecast.id
****Australian Government – Department of Education | Child Care Subsidy Reform
Located in the landmark, Woolworths anchored Engadine Central Shopping Centre, this property represents a high profile 82.3 sqm retail shop which we are now pleased to offer to the market for lease.
+ Only F&B availability in the busy Engadine Central Shopping Centre
+ The Shopping Centre boasts a complementary tenancy mix including Woolworths, Bakers Delight, Michel’s Patisserie, and BWS
+ Vibrant southern Sydney location, opposite public school and close to shopping areas and train station
+ Strategic high footfall location near the main carpark entrance
+ 82.3 sqm shop with grease trap and 3 phase power
+ May suit seafood or other F&B uses
For further information or to arrange an inspection please contact Chris Hopkins on 0405 556 873
CBRE and Gagliardi Scott Real Estate are pleased to offer to the market 3-7 Fordyce Street, Shepparton VIC via Private Sale.
The property has the following key highlights:
+ Significant 8,178sqm* freehold site across 3 titles allowing ultimate flexibility.
+ Huge 139 metre* frontage and exposure to Fordyce Street.
+ Rare development site adjoining 19,500sqm* large format Bunnings Warehouse store.
+ Flexible Activity Centre 1 zoning (ACZ1) allowing for a variety of future uses.
+ 3 freestanding buildings totalling 2,402sqm* incorporating warehousing, offices and showroom.
+ Prime position adjoining Bunnings Warehouse, Hyundai & Mitsubishi and opposite Reece and Boral.
+ Suits developers, owner occupiers and investors.
+ Offered with vacant possession either individually or in one line.
+ Potential 50% stamp duty saving.
+ Shepparton: major regional city with a 100,000+ trade catchment.
+ Potential Income (as is basis): $145,000pa* + GST **
To be sold either individually or in one line.
*Approx
**Combined across all 3 titles
CBRE is pleased to offer to the market Cotton On, 88 Junction Street, Nowra (South Coast) NSW for sale via our Investment Portfolio Auction 163.
This investment has the following key investment highlights:
+ Renewed lease to 2026 plus options to 2032 (tenant in occupancy for 13+ years)
+ Cotton On Group: global fashion icon with a 32+ year history and over 1,500 stores in 22 countries. Revenues estimated in excess of $1.5 billion*
+ Compounding fixed 3% annual rent increases ensuring long term rental growth
+ Extensive tenant CapEx and investment into the property
+ Versatile 411sqm* freehold landholding accompanied by a 479sqm* building across two levels
+ Strategically located in Nowra’s CBD across form Chemist Warehouse and close to ALDI, Woolworths, Coles and Nowra Mall, Junction Street is positioned off the Princes Highway, which experiences 74,000+* vehicles passing daily
+ Nowra: sought after NSW South Coast location with a greater population of 34,000+* people, 160km south of Sydney. The population of Shoalhaven is expected to grow more than 30% to 142,936* people by 2051
+ Net Income: $167,429 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 12 September 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 708-710 Stud Road, Scoresby VIC for sale via our Expressions of Interest campaign closing 4:00pm (AEST) on the 28th of September 2023.
This opportunity has the following key investment highlights:
+Prominent 1,449sqm site permitted for 104 LDC childcare facility
+Architecturally designed 730sqm double storey building
+Strategic position only 400m from Woolworths and 430sqm from Scoresby Primary School
+High exposure main street site with 35.8 metres facing Stud road with 40,000 vehicles passing daily
+Sought-after Residential Growth Zone with alternative potential to develop 13.5 metres
+Scoresby: highly sought-after established suburb only 29km from Melbourne CBD
+Child Care/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding plus an additional $4.7 billion to deliver more affordable child care, which includes increasing the Child Care Subsidy (CCS) rates from July 2023. This reform aims to enhance the affordability of early education and care for approximately 96% of families with a child in care.
To be sold via Expressions of Interest
Closing 4:00pm (AEST) on the 28th of September 2023