CBRE is pleased to offer to the market 2, 11-13 Lakewood Boulevard, Braeside VIC for sale via Investment Portfolio Auction 162.
The property has the following investment highlights:
+ Renewed 3 year lease to October 2025 plus option to 2028.
+ Precise Air Group: wholly owned subsidiary of Fujitsu General Ltd, listed on the Tokyo Stock Exchange (TYO:6755) with a market cap of $3.43B.
+ Precise Air is one of Australia's leading national providers of heating, ventilation and air-conditioning.
+ Landlord preferred, net lease terms with tenant paying all usual outgoings including land tax.
+ Annual fixed compounding 3% rent increases, assuring rental growth.
+ Well-presented modern office warehouse totalling 598 sqm* with 9 car-spaces on site.
+ Rental return significantly below market value at $120p/sqm ? uplift potential.
+ Excellent street exposure and irreplaceable parklands outlook.
+ Easy access to major arterials including Boundary Road, Springvale Road, Mornington Peninsula / Mordialloc Freeway, Dingley Bypass, Dandenong Bypass and Eastlink.
+ Strong demand asset class with record low vacancy rates and significant rental uplift across the nation.
+ Net Income: $72,100 pa* + GST (Oct 2023).
To be sold by Investment Portfolio 162 Auction
10:30am AEST Wednesday 2nd August 2023
Crown Casino, Melbourne.
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
RICK JACOBSON
0413 830 083
rjacobson@burgessrawson.com.au
*approx.
Archives: Properties
Shop B1/223 Bridge Road, Cobblebank VIC 3338
Burgess Rawson is delighted to offer to the market the Blue Hippo Laundry investment at Shop B1, 223 Bridge Road, Cobblebank VIC for sale via Investment Portfolio Auction 162
The Property has the following investment highlights:
+ Long 10 year net lease to April 2033 plus options to 2043
+ Landlord preferred, net lease terms with tenants paying all usual outgoings
+ Fixed compounding 3% annual increases
+ Blue Hippo Laundry: Established in 1999 with 24 locations across Victoria
+ Prime 51 sqm* retail shop and brand new construction providing tax saving depreciation benefits
+ Single tenant, minimum management investment
+ Strategically position within the Atherstone Estate (4,500 lots*)
+ Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre
+ Future $900M Melton Hospital: 600 metres* from the subject property, 274+ beds, 24 hour emergency department and will create more than 700 ? 1,700 direct and indirect jobs during construction
+ City of Melton: population anticipate to surge to over 416,000 by 2051, a 98% increase
+ Net income: $34,986 pa* + GST
To be sold by Investment Portfolio 162 Auction
10:30am AEST Wednesday 2nd August 2023
Crown Casino, Melbourne.
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
LIMING QIAO
0447 288 323
lqiao@burgessrawson.com.au
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au
*approx.
Shop B2/223 Bridge Road, Cobblebank VIC 3338
Burgess Rawson is delighted to offer to the market the Precious Beauty Lounge investment at Shop B2, 223 Bridge Road, Cobblebank (Melton) VIC for sale via Investment Portfolio Auction 162
The Property has the following investment highlights:
+ Brand new 5 year net lease to March 2028 plus option to 2033
+ Landlord preferred, net lease terms with tenants paying all usual outgoings
+ Fixed compounding 3% annual increases
+ Precious Beauty Lounge: Facial, skin and hair treatments amongst complementary users
+ Immaculately presented 51 sqm* premises with new AAA fit-out
+ Brand new construction providing tax saving depreciation benefits
+ Single tenant, minimum management investment
+ New & rapidly expanding ?master planned? community metres from schools, public transport and community facilities
+ Strategically positioned within the Atherstone Estate (4,500 lots*)
+ Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre
+ Future $900M Melton Hospital: 600 metres* from the subject property, 274+ beds, 24 hour emergency department and will create more than 700 ? 1,700 direct and indirect jobs during construction
+ City of Melton: population anticipate to surge to over 416,000 by 2051, a 98% increase
+ Net income: $35,000 pa* GST
To be sold by Investment Portfolio 162 Auction
10:30am AEST Wednesday 2nd August 2023
Crown Casino, Melbourne.
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
LIMING QIAO
0447 288 323
lqiao@burgessrawson.com.au
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au
*approx.
7/223 Bridge Road, Cobblebank VIC 3338
Burgess Rawson is delighted to offer to the market the Amelia Café investment at 1/1 Hollingsworth Drive, Cobblebank VIC for sale via Investment Portfolio Auction 162.
The Property has the following investment highlights:
+ Long 7 year net lease to March 2030 plus options to 2040
+ Landlord preferred, net lease terms with tenants paying all usual outgoings
+ Fixed compounding 3% annual increases
+ Amelia Café: Thriving café open 7 days a week with 100% 5 star google reviews
+ Prime 68 sqm* retail shop with key dual frontage exposure
+ Brand new construction providing tax saving depreciation benefits
+ Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre
+ Future $900M Melton Hospital: 600 metres* from the subject property, 274+ beds, 24 hour emergency department and will create more than 700 ? 1,700 direct and indirect jobs during construction
+ City of Melton: population anticipate to surge to over 416,000 by 2051, a 98% increase
+ Net income: $37,400 pa* GST
To be sold by Investment Portfolio 162 Auction
10:30am AEST Wednesday 2nd August 2023
Crown Casino, Melbourne.
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
LIMING QIAO
0447 288 323
lqiao@burgessrawson.com.au
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au
*approx.
473 High Street, Prahran VIC 3181
Burgess Rawson is delighted to offer to the market this mixed use, fully leased investment at 473 High Street, Prahran VIC for sale via Investment Portfolio Auction 162
The Property has the following investment highlights:
+ Retail shop (110sqm*) with dual entry, secure parking and a custom tenant fit-out.
+ Modern and spacious two-bedroom residence on the first floor providing dual income streams.
+ Ascraft/Motivo: Wholesale textile importer and distributor with 25+ locations nationwide, est. 1975 and in occupation from this location since 2014.
+ Annual rent increases, ensuring future rental growth.
+ Premium Commerical 1 Zoning providing the opportunity for future development (STCA).
+ Premier location with frontage to High Street, one of Melbourne?s most iconic shopping precincts, servicing 15,100 vehicles on average daily.**
+ PetStock, E&S, Mt Erica Hotel & Alliance Pharmacy all within 150* metres.
+ Easily accessible via public transport including a tram stop (100 metres) and Hawksburn Station (1km*).
+ Prahran: Highly desirable and tightly held inner city suburb with a median house price of $1,700,000.
+ City of Stonnington: highly regarded municipality, with population forecast to surge 20.5% to 136,973 residents by 2036.***
+ Net Income: $94,305* pa + GST
To be sold by Investment Portfolio 162 Auction
10:30am AEST Wednesday 2nd August 2023
Crown Casino, Melbourne.
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
JUSTIN KRAMERSH
0460 349 605
jkramersh@burgessrawson.com.au
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au
*approx.
**GapMaps
***Forecast.id
2623 Shute Harbour Road, Mandalay QLD 4802
CBRE is pleased to offer to the market the freehold going concern interest of Jungle Zoo Early Learning Centre located at 2623 Shute Harbour Drive, Mandalay (Whitsundays) QLD for sale via our Auction Investment Portfolio 162.
This opportunity has the following key investment highlights:
+ Unmatched opportunity to acquire a rare freehold going concern childcare centre in a thriving growth region
+ Jungle Zoo ELC: highly successful privately owned early education operator with an average occupancy of circa 94%
+ Impressive 576sqm* purpose-built childcare centre constructed in 2022 and licensed for 88 LDC places
+ Prominently positioned with 137m* of direct frontage to Shute Harbour Drive, the main thoroughfare interconnecting the Bruce Highway with the Airlie Beach CBD
+ Substantial 9,957sqm* site incorporating numerous engaging outdoor activity areas that consist of a waterpark, animal features & detached external structures
+ Enormous development upside with the potential to expand the centre to 140 LDC places (STCA) with parking for 36 vehicles already on site
+ Conveniently located within 3km* of the Airlie Beach CBD with access to numerous retail amenities including Jubilee Central, Airlie Beach Central and Whitsunday Shopping Centre, anchored by Woolworths, IGA, Coles & supported by various specialty retailers
+ Whitsunday Region: significant growth corridor of North Queensland, with a resident population forecast to grow at an average annual rate of 2.3%^
+ 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 (1.2 million) with a child in care^^
+ Highly profitable centre with minimal competition in the local catchment
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 3 August 2023
The Hilton, Brisbane
Please contact the exclusively appointed CBRE childcare team for more information.
*Approx.
^ Whitsunday Regional Council
^^Australian Government – Department of Education | Child Care Subsidy Reform
77 Bundock Street, Belgian Gardens QLD 4810
Burgess Rawson is pleased to offer to the market the NightOwl located at 77 Bundock Street, Belgian Gardens QLD for sale via our Investment Portfolio Auction 162.
This opportunity has the following key investment highlights:
+ Ten (10) year net lease to leading national fuel and convenience operator NightOwl to 2032 plus three (3) further five (5) year options to 2047
+ NightOwl: one of Australia's fastest growing and leading independent convenience retailers with over 80 stores nationwide
+ Head office lease to NightOwl Properties
+ High exposure 1,669sqm* corner site located in the CBD fringe offering exceptional visibility to 30,000 vehicles passing daily
+ Investor preferred net lease structure, with the tenant paying all outgoings excluding land tax
+ Strong and certain income growth with fixed annual, compounding 3.5% rent increases
+ Strategic location on one of Townsville's busiest intersections with frontage to main thoroughfare, Bundock Street
+ Belgian Gardens: affluent suburb inbound and located 3km* to Townsville CBD
+ Townsville: economic capital of North Queensland with over $27 billion in infrastructure projects underway and population forecast to grow 45% by 2041
+ Net Income: $275,000 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 3 August 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
40 Collick Street, Hilton WA 6163
CBRE is pleased to offer to the market Little Kindy located at 40 Collick Street, Hilton (Fremantle) WA for sale via our Investment Portfolio Auction 162.
This opportunity has the following key investment highlights:
+ New 15 year net lease to Little Kindy to 2038
+ One further 10 year options to 2048
+ Little Kindy: experienced national operator with 9 current centres plus a further five opening soon
+ Desirable 3% annual rent increases
+ Tenant pays all outgoings including land tax, rates, insurances and management fees
+ Immaculate centre licensed for 63 LDC places
+ Refurbished building with purpose-built extension, offering significant depreciation benefits
+ Positioned in a desirable schooling catchment and close proximity to three schools, all within 700 metres*
+ Strategic location close to national tenants including Bunnings, McDonald's, 7-Eleven, Subway, Supercheap Auto, and a newly constructed Coles, all within 1.1km*
+ 1,500sqm* corner site, conveniently positioned metres from South Street, a major arterial providing direct access to the Fremantle CBD
+ Hilton: family-oriented suburb of the City of Fremantle with excellent access to key retail, commercial and transport amenities, and located only 13km* from the Perth CBD
+ City of Fremantle: Western Australia?s most visited tourist destination outside of the Perth CBD, the City of Fremantle attracts over 1.2 million national and international tourists each year** and home to the $270 million Walyalup Koorot Renewal Project, the largest public-private infrastructure project in Fremantle?s history, with the creation of over 16,000sqm of retail space and 30,000sqm of office space***
+ 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: $201,600 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 2 August 2023
Crown Casino, Melbourne
Please contact the exclusively appointed CBRE childcare team for more information.
*Approx.
** Fremantle GOV
*** Walyalup Koort
^Australian Government – Department of Education | Child Care Subsidy Reform
8-10 Sherwin Court, Melton VIC 3337
CBRE is pleased to offer to the market Little Stars Early Learning Centre located at 8-10 Sherwin Court, Melton VIC for sale via our Investment Portfolio Auction 162.
This opportunity has the following key investment highlights:
+ Long 18 year net lease to 2036 plus 2 further 10 year options to 2056
+ Little Stars Early Learning: privately owned and operated childcare provider with 6 locations across Victoria
+ Fixed 3% annual rent increases
+ Current rental ($2,446 per place) below market, with market review due in 2028
+ Tenant pays all usual outgoings
+ Long established 100 LDC place centre
+ Substantial 4,004sqm* landholding, located metres from major large format retailers including Bunnings, Supercheap, Autobarn, The Good Guys, Chemist Warehouse and national fast food operators, McDonald?s, Guzman y Gomez, Carl?s Jr and KFC
+ Strategically positioned within a significant schooling precinct – 10 schools within a 3.5km radius servicing more than 5,400 full-time students^
+ Conveniently situated within close proximity to the Melton Highway interchange, servicing 22,000+ vehicles daily* and providing direct access to the Melbourne CBD^^
+ City of Melton: high growth location and now part of greater Melbourne and with a forecast residential population of 416,106 (98.96% increase) by 2051^^
+ 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: $244,620 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 2 August 2023
Crown Casino, Melbourne
Please contact the exclusively appointed CBRE team for more information.
*Approx.
^Gap maps
^^Forecast ID
^^^ Australian Government – Department of Education | Child Care Subsidy Reform
22 Kauri Street, Cooroy QLD 4563
CBRE is pleased to offer to the market Smarty Pants Early Learning located at 22 Kauri Street, Cooroy QLD for sale via our Investment Portfolio Auction 162.
This opportunity has the following key investment highlights:
+ Fifteen (15) year net lease to June 2037
+ Three (3) further five (5) year options to June 2052
+ Smarty Pants Early Learning: privately owned and operated boutique childcare centre
+ Landlord favourable annual rent increases to the greater of CPI or 3%, with ratchet provisions at market review
+ Tenant pays all outgoings including land tax
+ Long established 63 LDC place childcare centre that has been in operation since 1988
+ Expansive 2,028sqm* site conveniently located within proximity to Cooroy?s main retail, medical and commercial precinct featuring numerous national tenants including IGA, QML Pathology, BP, Mitre 10, & Anytime Fitness
+ Strategically positioned 250m* from Cooroy State School (460+ enrolments) and within 1km* of renowned schools – Noosa District High School (1,110+ enrolments) & Noosa Christian College (250+ enrolments)
+ Located just 15km* west of Noosa – a highly desirable affluent coastal region on the Sunshine Coast generating a GRP of $2.96 billion in 2022, growing 8.1% since the previous year^
+ Sunshine Coast: one of Australia?s fastest growing regional areas with a population over 377,000 which is forecast to grow to by 33% to over 500,000 by 2041^^
+ 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 childcare, 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 (1.2 million) with a child in care^^^
+ Net Income: $162,388 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 3 August 2023
The Hilton, Brisbane
Please contact the exclusively appointed CBRE childcare team for more information.
*Approx.
^Noosa Shire Council
^^ Sunshine Coast Council
^^^Australian Government – Department of Education | Child Care Subsidy Reform