Auction 11am AEDT Wednesday 3 April 2019
River Room, Crown Casino, Melbourne
Secure 12 year lease to 2028 plus options to 2038
Lessee pays all usual outgoings including Land Tax
Constructed 2016 – Providing substantial tax depreciation
Westside Petroleum: 50% owned by Viva Energy Australia – the single largest fuel retailer in the country with 1,255 locations and growing, Market Cap $4.59B (Feb 2019)
Minimum 3% increases assuring growth – 3 month security deposit
Town centre 1,366 sqm corner site with 77 metre retail frontage plus ROW
Strategic retail gateway location adjoining Australia Post and close to IGA Shopping Centre within the Jindera commercial hub
Jindera: population circa 1,800 – satellite suburb (12km north) of Albury
Albury/Wodonga twin cities recognized together as one of Australia’s largest progressive centres servicing a population in excess of 170,000
Rent: $238,702 pa
Prime Narrandera CBD conner site of 2,024 sqm DA approved for a service station, convenience store and restaurant.
Lessee: Westside Petroleum Holdings Pty Ltd
• Brand new 10 year lease plus four (4) further five (5) year option periods
• DA approved service station site with ATL for 10 years plus 4 x 5 year option periods
• Lease (ATL) to rapidly expanding Westside Petroleum Holdings Pty Ltd. 50+ outlets across the eastern seaboard
• Prime CBD corner position will capture high volumes of light and commercial vehicles
• State-of-the-art design(ed) service station comprising 4 fuel pump islands, canopy, convenient store and restaurant
• Generous depreciation benefits
• Tenant pays outgoings as per lease (ATL)
• Fixed guaranteed rental growth – 3% increases
• Net Income: $260,000 pa + GST
CBRE is pleased to offer to the market, 23-25 O’Neills Road, Melton VIC for sale via our Investment Portfolio Auction 160.
This opportunity has the following key investment highlights:
+ Brand new 20 year net lease to Story House to 2043.
+ Three further 5 year options to 2058.
+ Story House: leading early childhood education provider, with a network of 50 centres across the eastern seaboard.
+ Annual fixed 3% rent increases.
+ Tenant pays all outgoings including land tax.
+ State-of-the-art childcare centre licenced for 88 LDC places.
+ Brand new construction offering significant depreciation benefits.
+ Large 1,749sqm corner site with frontages to Oldershaw Rd and O’Neills Rd, located 150 metres from ALDI, 890 metres from the Woolworths-anchored Coburns Central, and 1 kilometre from Woodgrove Shopping Centre, a 54,000sqm shopping centre underpinned by Kmart, Big W, Woolworths, ALDI, Coles & 180 specialty retailers.
+ Convenient central location amongst a significant schooling precinct in the heart of one of Melbourne’s fastest growing municipalities – 17 schools within a 3 kilometre radius that combine to service over 12,740 full-time students.
+ City of Melton: high growth location home to 209,145 people, with this figure anticipated to increase to 416,106 by 2051, an increase of 98.96%.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding in 2022, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year^.
+ Net Income: $304,832 pa* + GST.
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne
*Approx.
^Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).
CBRE is pleased to offer to the market, 310-312 Springvale Road, Forest Hill VIC for sale via our Investment Portfolio Auction 160.
This opportunity has the following key investment highlights:
+ Secure 15 year net lease to Montessori Academy to 2036.
+ Two further 10 year options to 2056.
+ Montessori Academy: long-standing and successful business with a network of 40+ childcare centres across Australia and China.
+ Annual fixed 3% rent increases.
+ Tenant pays all usual outgoings.
+ Impressive childcare centre licenced for 96 LDC places.
+ As new construction offering significant depreciation benefits.
+ Significant 1,390sqm landholding fronting Springvale Road, a key activity precinct servicing many local businesses and providing a north to south connection from Doncaster East to Edithvale, whilst providing exposure to 53,000+ passing vehicles daily.
+ Situated amongst significant educational precinct – 10 schools within 2 kilometre radius.
+ Conveniently located 580 metres from Forest Hill Chase, a three-level major regional shopping centre anchored by Coles, Woolworths, Big W, Target, ALDI, HOYTS and AMF Bowling, and supported by 131 specialty retailers. The site is also within close proximity from the Harvey Norman-anchored Nunawading Home HQ, and Brentford Square Shopping Centre, underpinned by Woolworths.
+ City of Whitehorse: popular family-oriented municipality home to 180,340 residents, forecast to increase over 23% by 2041.
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding in 2022, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year^.
+ Net Income: $350,762 pa* + GST.
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne
*Approx.
^Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).
Burgess Rawson is pleased to offer to the market 2-6 Vennard Street, Garbutt (Townsville) QLD, for sale via Expressions of Interest.
The property has the following investment highlights:
+ Four (4) year net lease to 2026 to subsidiary of InfraBuild, OneSteel Recycling
+ InfraBuild: Australia’s largest processor & distributor of steel long products with 150 sites across Australia
+ Landlord favourable CPI rent reviews
+ Substantial 21,135sqm* landholding with low site coverage and highly desirable medium impact zoning, offering future redevelopment opportunities to utilise the site’s full capacity
+ 3,500sqm* NLA warehouse facility across 4 separate buildings with ample hardstand fit for heavy vehicle use
+ Strategically positioned within a tightly held industrial precinct, surrounded by numerous national tenants including but not limited to Harvey Norman, Bunnings, Spotlight, Blackwoods, Coates Hire, United Petroleum and Dan Murphy’s
+ Located 900m* from Domain Central Townsville, one of Queensland’s largest Homemaker, lifestyle and outlet centres with over 60 of Australia’s largest brand retailers
+ Situated within close proximity to major carriageways and B-double routes – Bayswater Road, Dalrymple Road and Woolcock Street
+ Townsville: economic capital of North Queensland with over $27 billion* in infrastructure projects underway and population forecast to grow by 54% by 2041
+ Net Income: $283,927 pa* + GST
For Sale by Expressions of Interest
Closing Tuesday 16 May at 5:00pm AEST
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
CBRE is pleased to offer to the market seven residential apartments located at 1 Flinders Street, Wagga Wagga NSW to the market for sale via our Investment Portfolio Auction 160.
The property has the following investment highlights:
+ Fully leased: seven (7) modern units to be sold in one line
+ Recently constructed mixed-use building within Wagga CBD
+ 100% occupancy since construction with majority of tenants from defense & health sector – often seeking 24 month lease term
+ Tenancy schedule includes a short-term accommodation provider
+ Situated on Stuart Hwy adjacent Wagga Train station & recently constructed state of the art PCYC facility
+ Wagga Wagga: largest inland city in NSW serving a large population catchment of more than 67,800
+ Net Income: $153,168 pa*
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 9 May 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed CBRE team for more information
*Approx
Burgess Rawson is pleased to offer to the market Mayfield Early Learning Centre located at 7-11 Cairns Road, Gordonvale (Cairns) QLD for sale via our Investment Portfolio Auction 160.
This opportunity has the following key investment highlights:
+ New fifteen (15) year triple net lease to Mayfield Childcare to 2038
+ Two (2) further ten (10) year options to 2058
+ Mayfield Childcare (ASX: MFD): ASX listed early education provider educating 3,000+ children per day across 35 centres nationally^
+ Fixed 3% annual rent increases.
+ Tenant pays 100% of outgoings including: all maintenance (capex & structural), rates, insurances, land tax and management fees
+ Strong trading 75 LDC place centre recently acquired by Mayfield Childcare
+ Strategic 2,024sqm* site 100 meters* from both Gordonvale Hospital and Gordonvale State School
+ Triple street frontage amongst an established residential and commercial precinct with close proximity to the Bruce Highway
+ Cairns: Australia’s 5th largest regional city with a residential population of 168,449 and a GRP of $10.33 billion^^
+ Child care/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding – in 2022, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year^^^
+ Net Income: $262,500 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 11 May 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson childcare team for more information.
*Approx.
^ Mayfield Childcare Limited
^^ Economy.id
^^^ Mitchell Institute, Australian Investment in Education
