Properties Archive

146 Blair Street (and Strickland Street), Bunbury WA 6230

CBRE are pleased to offer to the market, 146 Blair Street (and Strickland Street), Bunbury WA 6230 for sale via Investment Portfolio Auction 162.
Key Highlights of this property are noted below:
+3.75-year WALE plus options.
+BCF: wholly owned subsidiary of Super Retail Group Ltd, a blue-chip $2.5 billion ASX200 company with a network of 722 stores across Australia, New Zealand and China.**
+Clark Rubber: Iconic Australian retailer with 60 stores nationally, offering top of the range products/services particularly within the pool and spa category.***
+Landlord-favourable, net lease terms with tenants responsible for all usual outgoings including Land Tax.
+Desirable rental reviews across both tenancies, with CPI and fixed annual 2.5% increases.
+Impressive 4,008 sqm* corner site with combined 56m* frontage and exposure to Blair Street, a major commuter road servicing over 20,000 vehicles per day.****
+Large 2,161sqm* building fitted out to the tenants? corporate layout and design, with 49 at grade car park spaces.
+Conveniently situated directly opposite the Bunbury Home Maker Centre, anchored by Bunnings Warehouse, JB Hi-Fi, PETstock, Beacon Lighting, The Good Guys and rebel.
+Bunbury: 180km* from Perth, Bunbury is Western Australia?s second largest city with a population exceeding 193,000 and an annual economic output of $10.9 billion.*****
+Geographical significance of the area evident through ongoing government and privately funded development projects ? Set for completion in 2024, the $1.25 billion Bunbury Outer Ring Road project is the biggest infrastructure project ever undertaken in WA?s south-west and will provide new and improved access to the Bunbury Region.******
+Net Income: $463,554 pa* + GST (as at 1 Oct 2023).
To be sold by Investment Portfolio Auction:
10:30am AEST Wednesday 2 August 2023
Crown Casino, Melbourne
*Approximately
** Super Retail Group FY23 Half Year Results
***Clark Rubber
****GapMaps
*****Remplan
******WA GOV

17 Church Street (and Hotham Street), Traralgon VIC 3844

CBRE in conjunction with Keith Williams Real Estate pleased to offer to the market the Australia Post in Traralgon VIC for sale via our Investment Auction Portfolio 162.
The property has the following investment highlights:
+ Renewed Five (5) year lease to May 2028 to Australia Post, on-site for 27+ years.
+ Australia Post: Government business enterprise that provides postal services in Australia with over 64,000 workers spanning 4,310 sites nationwide.**
+ Landlord favourable net lease terms with tenant responsible for all usual outgoings excluding land tax & building insurance.
+ Strong and certain income growth with annual, fixed compounding 3% increases.
+ Irreplaceable 844 sqm Commercial 1 Zone (C1Z) site with rare triple street frontage totaling 99* metres and significant development upside (STCA).
+ Key Australia Post site servicing large area including distribution centre, retail store, over 2,000* PO Boxes & recently installed 24/7 parcel lockers.
+ Situated within close proximity to high-profile national tenants, with Woolworths, BWS, Dan Murphy?s, JB HI-FI and Traralgon Centre Plaza all within 500m*.
+ Traralgon Centre Plaza: Services a trade catchment of 126,800 people with the total retail sales exceeding $1.84 billion.***
+ Traralgon: Booming growth suburb within the Latrobe City Council, with population forecast to grow 35% by 2041.****
+ Latrobe City Council: Generates $6.25 billion in Gross Regional Product (GRP), accounting for 31.2% of the Gippsland Region?s total GRP.*****
+ Estimated net rent: $140,847 pa + GST.
To be sold by Investment Portfolio Auction:
10:30am AEST Wednesday 2 August 2023
Crown Casino, Melbourne
*Approximately
**Australia Post
*** Traralgon Centre Plaza
****Forecast.id
*****Remplan

402 Hargreaves Street (Edward Street and Bath Lane), Bendigo VIC 3550

+ Rare 25-year lease to Brewhouse Café & Coffee Roasters to February 2039.
+ Desirable annual CPI reviews.
+ Brewhouse Café & Coffee Roasters: Well-known hospitality group with over 38 years of experience operating across 50 locations state-wide.
+ Landlord-favourable net lease terms with tenant responsible for all usual outgoings excluding Land Tax.
+ Imposing 498 sqm* Commercial 1 Zone (C1Z) site with 64.8m* triple street frontage.
+ Located in the heart of Bendigo CBD, opposite Government DHHS facility and the Bendigo & Adelaide Bank Headquarters.
+ Coles, Dan Murphy?s, JB Hi-Fi, Officeworks, Target, Myer and Bendigo Marketplace Shopping Centre all within 300 metres. *
+ Recently completed developments totalling $242 million in the absolute heart of the Bendigo CBD including $90 million Bendigo Gov-Hub with 1,000 employees and the brand new $152 million Law Court.
+ Bendigo: Booming residential growth location with a 37% increase in median house prices since June 2020. **
+ City of Greater Bendigo: Victoria?s largest inland city with population forecast to grow to over 155,000 by 2036 *** and currently generates $18.6 billion in annual economic output with an estimated 55,242 jobs in the area. ****
+ Potential 50% stamp duty savings. *****
+ Estimated net rent: $109,600 pa + GST.*
To be sold by Investment Portfolio Auction:
10:30am AEST
Wednesday 2 August 2023
Crown Casino, Melbourne
*Approximately
**realestate.com.au
***Forecast.id
**** REMPLAN
***** Development Victoria

3/6 Innes Street Launceston TAS

CBRE in conjunction with Shepherd & Heap Estate Agents are pleased to offer to the market, Unit 3, 6 Innes Street, Launceston TAS for sale via our Investment Portfolio Auction 162.
This opportunity has the following key investment highlights:
+ One of Tasmania's leading Repco stores
+ Renewed 5 year lease plus 5 year option through 2033
+ Tenant pays all outgoings including Land Tax & Building Insurance
+ Fixed 3% increases
+ Genuine Parts Co (NYSE:GPC): US$22+billion Market Cap, US $22 billion annual sales across 17 countries and 10,545 locations
+ Immaculate modern 801sqm building
+ Important 37 car spaces on site including 3 on title
+ Super location opposite Launceston Plaza (Coles, Kmart) & Chemist Warehouse, next to Mitre 10 and close to $250m+ UTAS development
+ Net Income: $225,000 (from 1 August 2023)
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 2 August 2023
Crown Casino, Melbourne

1011-1013 Pacific Highway, Berowra NSW 2081

CBRE is pleased to present the Development Site located at 1011-1013 Pacific Highway, Berowra NSW to the market for sale via our Investment Portfolio Auction 162.
The asset has the following investment highlights:
+ Irreplaceable location on Pacific Highway site perfectly positioned directly opposite Berowra Station
+ High profile 2,698sqm* landholding
+ Rare 40+ metre Pacific Highway frontage
+ Attractive E1 Local Centre zoning allowing shop top housing, retail, childcare, medical, service stations, commercial, hotels and other (STCA)
+ Hornsby Shire Council: home to a strong resident population of 151,713 boasting a Gross Regional Product of $7.96 billion
+ Option to acquire additional neighbouring lot 1 which will double the size of any possible development (STCA)
To be via Expressions of Interest
Offers Closing 4.00pm Friday 11 August 2023
Please contact the exclusively appointed CBRE team for more information.
*Approximately

Lot 1 South Road, West Ulverstone TAS 7315

Burgess Rawson and Knight Frank are pleased to offer to the market Lot 1, South Road West, Ulverstone TAS for sale.
This development opportunity has the following highlights:
+Rare DA Approved Highway Service Centre Development Site.
+Ready to build immediately.
+Substantial 15,592sqm* highway site with unrivalled exposure to busy Bass Highway with over 21,600 vehicles passing daily and 16% of those being heavy vehicles.
+The only site suitable to be able to be accessed from both sides of the highway, utilising existing infrastructure.
+Significant growth forecast for the Bass Highway Burnie to Devonport section from 2.9m tonnes to 5.2m tonnes by 2035, a 79 per cent increase.
+Approved buildings include substantial convenience shop and amenities, two drive-thru restaurants and an important 53 car parks, 5 truck parks and 2 bus/caravans.
+Attractive opportunity for developers/purchasers to seek and source market leading tenants.
+Ulverstone: A major northern Tasmanian city, set between Burnie and Devonport with substantial prime industry and port terminals.
+Tasmania: Leading the nation , ranked #1 in key economic indicators in CommSecs?s latest State of the States report*
+Estimated total net income upon completion: $1,170,000 pa + GST **

Please contact the exclusively appointed Burgess Rawson and Knight Frank team for more information.
*Commsecs state of the state report
**Independently assessed by specialised valuer.

1139 Burke Road, Kew VIC 3101

CBRE is pleased to offer to the market this unique double fronted, mixed use retail building at 1139-1141 Burke Road, Kew VIC for sale via Expressions of Interest.

+ Large 404sqm* landholding with premium Commercial 1 Zoning
+ Combined total building area of 263sqm*
+ Three tenancies with the opportunity to create four
+ Double fronted retail shops to Burke Road with 10 metres* of frontage
+ Exposure to 26,000* passing vehicles daily with on street parking available
+ Suitable to owner occupiers, developers and passive investors
+ Strong surrounding precedent for multi storey, mixed use development with basements (STCA)
+ Development upside with under 50% site coverage
+ Important rear ROW access and includes 8 on-title car spaces
+ Both residential tenancies leased, ground floor currently vacant
+ Strategically located on Burke Road, 1.5km* from Camberwell Junction home to national retailers, Coles, Woolworths, ALDI, Kmart, JB Hi-Fi, Village Cinemas, Chemist Warehouse, Autobarn and more.**
+ Surrounded by important social infrastructure including 50 schools servicing a combined 20,000+ full-time students.**
+ Located in the affluent suburb of Kew with a median house price in excess of $2,800,000.***
+ Potential fully leased net rental: $104,148 pa + GST

To be sold via Expressions of Interest
Closing Wednesday 26th July 2023
4:00pm AEST
*approx
**gap maps
*** realestate.com.au

102/156 Military Road, Neutral Bay NSW 2089

CBRE is pleased to present 102/156 Military Road, Neutral Bay NSW to the market for sale via our Investment Portfolio Auction 161.

The investment has the following key investment highlights:

+ 5 year lease to 2026 plus options to 2032 (operating since 2003)
+ Attractive Annual CPI reviews, ensuring income growth
+ Well established medical practice in Sydney’s Lower North Shore
+ Qualtas Health: Leading Australian healthcare group with over 39 locations across the eastern seaboard.
+ Ideal medical position directly on Military Road and above popular Chemist Warehouse retail store.
+ High exposure site with over 50,000^ passing vehicles daily
+ Easily managed medical tenant investment
+ Prime position in Neutral Bay’s cosmopolitan retail precinct close to Coles, Woolworths & Oaks Hotel
+ Net Income: $121,234 pa* + GST (as of 18 August 2023)

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 20 June 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed CBRE team for more information

*approx
^Gapmaps
The last reported quarterly CPI figure of 7.3% (March 2023) has been used to arrive at the estimated 18 August 2023 rental

23532 Bruce Highway, Maryborough West QLD 4650

CBRE is pleased to offer to the market Oliver’s located at 23532 Bruce Highway, Maryborough West QLD, for sale via our Investment Portfolio Auction 161.

The property has the following investment highlights:

+ Seventeen (17) year net lease to Oliver’s to 2034 plus two (2) further five (5) year options to 2044
+ Oliver’s: established ASX-listed fast food retailer with locations along major arterial roads and key supplier to EG service stations nationally
+ Directly adjoining the Maryborough North Ampol service station and truck stop, with plans in place for an additional Shell Service Station and McDonald’s
+ Large 5,115sqm* freehold drive-thru site with Bruce Highway exposure
+ Landlord favourable net lease structure with Oliver’s responsible for all usual outgoings including land tax
+ Strong and certain growth with fixed 3% annual rent increases
+ Single lane drive-thru, modern configuration with on-site parking for 35 vehicles
+ Strategically positioned between the Moonaboola and Maryborough West Wide Bay Industrial Estates – 100ha of industrial estate constructed or under construction
+ Fraser Coast Regional Council: thriving regional area in the Wide Bay Burnett region, with the population forecast to grow 25% by 2041
+ Net Income: $144,240 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 22 June 2023
The Hilton, Brisbane

Please contact the exclusively appointed CBRE team for more information.

*Approx.

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