+ 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.
Burgess Rawson & First National are pleased to offer to the market this high yielding retail complex at 32 Beeton Parade NSW for sale via Private Treaty.
The property has the following investment highlights:
+ 100% leased to diverse mix of complementary commercial & retail tenants including bike retailer, whitegoods & Jaycar
+ Commanding 3,377sqm* corner freehold with combined 117sqm* frontage
+ Prized high profile corner position with valuable onsite parking
+ Gateway location to epicentre of Taree’s main street – Victoria Street
+ Close to national brands including Supercheap Auto, Officeworks & KFC
+ Mid Coast Council: Thriving location set to see population grow 18% to 116,744 residents by 2036^
+ Net Income: $94,646 pa* + GST
To be sold by Private Treaty.
Please contact the exclusively appointed sales team for more information.
*Approx.
^forecast.id.com
Burgess Rawson 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
Burgess Rawson 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
Burgess Rawson 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
+Office Setup
+High Exposure site
+Ready for occupation now
+Suited uses include health & beauty and retail services
The site features a main road frontage to Hampton Street. It’s also located within the main retail precinct of Hampton.
Tenancy features glazed shop front, warm shell with kitchenette, toilet facilities and rear access.
For further information please contact the exclusively appointed agents today, Ben Luu 0488 331 580.
+ Only 1 Tenancy remaining
+ High Exposure site with signage opportunities
+ Completion set for Q4 2023
+ Suited uses include food & beverage, health & beauty and retail services
The site features a corner position at signalised intersection with main road frontages to Thompsons Road and William Thwaites Boulevard, with easy access from major arterials. It’s also located across the road from The Woolworth’s anchored Avenue Village Shopping Centre.
Remaining tenancy of 91m2 and is suitable for a range of uses including but not limited to restaurant, takeaway, café, retail uses.
For further information please contact the exclusively appointed agents today, Ben Luu 0488 331 580 & Arton Meka 0428 181 991.
Burgess Rawson 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 Aitkenvale’s 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 Murphy’s as well as Townsville’s 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 Burgess Rawson team for more information.
*Approx.
Expressions of Interest are sought for exceptional businesses to lease large format retail premises in this prime location – Situated adjacent to Aldi and diagonally opposite Mildura Central in the busy Fifteenth Street precinct.
Key Features:
+ One Tenancy Remaining
+ Options to Combined into One Large Tenancy
+ Sizes from 779sqm – 1,558sqm
+ Ample Customer Parking with Shade Sails
+ Suspended Ceilings and Lighting
+ Rear Access via Roller Door
+ Air Conditioning Throughout
+ Self-contained Amenities
Perfectly positioned on Deakin Avenue and opposite Mildura Central Shopping Centre, this development has excellent signage opportunities whilst been surrounded by all the major national tenants like, Woolworths, Coles, Pet Barn, Target, Big W and many more.
Tenancies:
– Tenancy 1 – 779sqm | LEASED
– Tenancy 2 – 779sqm | LEASED
– Tenancy 3 – 933sqm | LEASED
– Tenancy 4 – 625sqm | AVAILABLE FOR LEASE
For further information, please contact the exclusively appointed leasing agent, Wendy Thomson at 0413 134 662.
Burgess Rawson from CBRE is excited to present for lease, 591 Hampton Street, Hampton VIC.
This ground floor Art Deco façade site features a main road frontage to Hampton Street.
Conveniently located just a short distance from Hampton Beach, the area is surrounded by a vibrant mix of businesses and cafés, with easy access to public transport at your doorstep.
The property has the following highlights:
+Amazing natural light
+High Exposure site
+Ready for occupation now
+Great for a variety of uses (STCA)
Additional features include glazed shop front, spacious kitchenette, toilet facilities and rear access.
For further information please contact the exclusively appointed agent today, Andrew Buzari 0413 860 310.
