+ Prominent 6,466sqm industrial zoned site across three separate titles
+ Irreplaceable 105m* main road exposure to Lonsdale Street (Princes Highway) carrying 42,210 vehicles passing daily.**
+ Prime CBD fringe location only 1km from Dandenong CBD.
+ Low site coverage, ample opportunities for redevelopment, expansion, or future upside (STCA).
+ Situated In the heart of the car sales precinct with surrounding businesses including Mitsubishi, Hyundai, and Ford as well as a host of other leading automotive retailers.
+ Established showroom, warehouse, wash bay area and large display yard with 66m* rear street fronting Balmoral Avenue
+ Dandenong has a booming industrial, logistics and business park precinct, with local land values up 225% since 2009.***
+ Strategically positioned with easy access to major arterials such as major arterials such as Frankston Dandenong Road, Monash Freeway, South Gippsland Highway/Freeway and Eastlink.
+ Within walking distance to Dandenong CBD , Dandenong Plaza and Market and Dandenong Train Station.
+ Surrounded by important social infrastructure, including 14 schools within 3km servicing a combined 7,248 full time students.**
+ Greater Dandenong is home to 168,201 people, supporting 98,169 jobs with an annual economic output of 40.616 billion.****
+ Approximately 18 month lease term remaining with no further options provides the ultimate flexibility to potential purchasers with short term holding income and a plethora of options including owner occupy, re leasing and or development opportunities (STCA).
+ Net income: $736,964 + GST
For Sale by Expression of Interest Closing Thursday 18 May 2023
*Approximate
**Gapmaps
***Urbis
****City of Dandenong
Burgess Rawson is delighted to offer to the market the Daiku Restaurant at 168 Whitehorse Road, Blackburn VIC for sale via Investment Portfolio Auction 160
The property has the following investment highlights:
+ Long 10-year lease to August 2032 plus options to 2042
+ Daiku: Signature Japanese restaurant by Oushou, a renowned restaurateur with locations in South Yarra, Brighton, and Hawthorn East
+ Landlord favourable net lease terms with tenant paying all usual outgoings
+ Annual fixed 3% rent increases, assuring rental growth
+ Immaculate 358sqm* corner premises with expansive ‘Golden Mile’ frontage and exposure
+ Extra-large outdoor dining licence agreement for exclusive use by tenant
+ On premises liquor licence
+ Security bond plus personal guarantees
+ Brand-new high-quality tenant fit-out
+ 3 secure basement car spaces on-title
+ New construction offering significant depreciation benefits
+ Perfectly positioned within the award winning Pace Group’s Pace of Blackburn development, incorporating 289 apartments (98% sold), and complemented by supporting commercial users including Supermarket, Jellis Craig, Uniting, UBX Boxing + Strength, Cignall, Talon’s Nail Salon
+ Pace of Blackburn, delivered by Pace Development Group who have delivered more than 100 projects across Melbourne
+ Only 600m from Blackburn Train Station and 2km from the Eastern Freeway
+ Whitehorse Road: major eastern suburbs arterial with an average of 37,000 vehicles passing daily**
+ Surrounded by important social infrastructure including 9 schools servicing over 8,000 full-time students within a 2.5km radius**
+ Blackburn: established Metro Melbourne suburb, population forecast to grow 25% by 2031***
+ Net Income: $128,160 pa* + GST
To be sold via Investment Portfolio Auction:
10:30am (AEST) Wednesday 10 May 2023
Crown Casino – River Room
*Approx
**Gap Maps
***Urbis
CBRE is pleased to offer to the market, 56 Victoria Street, St James (Perth) WA, for sale via our Investment Portfolio Auction 160.
+Renewed Five (5) year lease to HQ Children’s House of Learning to 2028
+Four (4) further five (5) year options to 2048
+HQ Children’s House of Learning: Long established and successful centre in operation since 1994
+Annual rent increases to the greater of CPI or 3%
+Favourable net lease terms with the tenant paying all outgoings including land tax, rates, insurances and management fees
+Well-maintained childcare centre licensed for 28 LDC places
+Strategically positioned 1,028sqm* site within ease of access of the Albany Highway, a major thoroughfare with 37,000+ passing vehicles daily*
+Situated within a significant education precinct -17 schools within a 3.5km radius including 500m* from Santa Clara Primary School (175+ enrolments).
+Conveniently located 650 metres from Woolworths anchored Bentley Shopping Centre and within close proximity of Westfield Carousel Shopping Centre, Waterford Plaza & Victoria Park Shopping Centre underpinned by national retailers including Myer, Woolworths, Coles, Supa IGA, Kmart and other specialty stores
+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^.
+St James: highly desirable and centrally located family-oriented suburb, located only 7 kilometres from the Perth CBD
+Net Income: $55,000 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 the Comfort Hotel conference and office facility at 1/43-51 Lonsdale Street, Melbourne VIC for sale via Investment Portfolio Auction 160
The property has the following investment highlights:
+10 year lease to June 2028 plus two long 10 year options to 2048
+ Strategic leaseholding as conference/business hub for Comfort Hotels (Choice Hotels Group), 7,100 hotels in more than 40 countries)**
+ Investor preferred net lease terms with tenant paying all usual outgoings including single holding land tax and agents management fees
+ Versatile 160sqm* ground floor title with direct access from Lonsdale Street and rear access from Punch Lane
+ Potential future opportunity to convert to a standalone tenancy
+ Capital City Zone (CCZ) under the Melbourne Planning Scheme
+ Valuable Lonsdale Street frontage within Melbourne’s iconic theatre precinct with 20,300 cars passing daily***
+ Only 400m* from Melbourne’s historic China Town, ranked amongst the world’s top 10 tourist destinations with millions of people visiting each year****
+ Within close proximity to Parliament House, Parliament Station, St Vincents Hospital, The Princess Theatre and supported by hotels such as Oaks, Mariott, Rydges and more
+ The City of Melbourne: by 2041, the number of people living in the city is expected to double and reach 308,000
+ Net Income: $56,980 pa* (as at June 2023)
To be sold via Investment Portfolio Auction:
10:30am (AEST) Wednesday 10 May 2023
Crown Casino – River Room
*Approx
** Choice hotels
***GapMaps
****Melbourne News
*****Urban Property Australia
+Long 10 year lease to 2032 plus options to 2042
+Cheap as Chips: Longstanding and successful discount goods retailer est. 1985, with a growing network of 50+ stores
+Annual CPI rent reviews
+Large 1,256sqm* building plus 28 sealed and line car spaces on-title
+Significant 4,284sqm* landholding provides opportunity to extend buildings STCA
+Strategic position opposite two strong trading supermarkets, ALDI & IGA
+Single tenant minimum management investment
+Ararat: major commercial centre and gateway to the Grampians, 25,000+ trade catchment
+Potential 50% Stamp Duty Savings
+Net Income: $159,782 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne
CBRE is pleased to offer to the market, 38 The Promenade, Australind (Bunbury) WA for sale via our Investment Portfolio Auction 160.
This opportunity has the following key investment highlights:
+ New 15 year net lease to Young Bucks ELC to 2038.
+ One further 10 year option to 2048.
+ Young Bucks ELC: established operator with three Western Australian locations.
+ Fixed 3% annual rent increases.
+ Tenant pays all outgoings including land tax, insurances, rates, and management fees.
+ Two storey child care centre licensed for 61 LDC places.
+ New construction with significant depreciation benefits.
+ Strategically situated amongst an expanding retail precinct, adjoining the Woolworths-anchored Treendale Shopping Centre, and within metres from McDonald’s, Hungry Jacks, KFC, and Bunnings.
+ Located within an important schooling precinct northeast from Bunbury CBD – 8 schools within a 3 kilometre radius.
+ Greater Bunbury: the economic hub of the south-west region of Western Australia with a Gross Regional Product (GRP) of $7.17 billion (2021-22), including $1.7 billion of infrastructure projects planned to deliver a ‘Digital City’.
+ 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: $249,600pa* + 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, 13 Strelitzia Avenue, Forrestfield WA for sale via our Investment Portfolio Auction 160.
This opportunity has the following key investment highlights:
+ New 15 year net lease to Lex Education to 2038.
+ One further 10 year option to 2048.
+ Lex Education: experienced local operator with 10 current locations plus four further locations to open soon.
+ Fixed 3% annual rent increases.
+ Tenant pays all outgoings including land tax and management fees.
+ Impressive 468sqm* child care centre with approval for 69 LDC places.
+ New construction with significant depreciation benefits.
+ Large 1,928sqm* site strategically positioned opposite Hawaiian’s Forrestfield Shopping Centre anchored by Coles, Woolworths, and 50+ specialty retailers.
+ Located within a significant schooling precinct, metres from Forrestfield & Woodlupine Primary Schools, and within close proximity to Dawson Park Primary
School, Darling Range Sport College, Hillside Christian College & Heritage College.
+ Forrestfield: affordable family-orientated suburb with excellent access to key retail, commercial and transport amenities, and located only 15 kilometres from
Perth CBD.
+ 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: $213,900 pa* + GST.
*Approx.
^Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne
CBRE is pleased to present 72 Park Road, East Hills (Bankstown) NSW 2213 to the market for sale via our Investment Portfolio Auction 160.
The investment has the following key investment highlights:
+ New vacant purpose built childcare centre
+ DA approved for 40 places
+ Fully resourced centre including: toys, sleep mates, tables and chairs, soft furnishings and operational office equipment
+ Boasts abundant natural light and expansive outdoor areas
+ Substantial 1,251sqm* residential landholding
+ Handy location – 14 schools within a 5 minute* drive, 250m* from East Hills train station
+ New construction allows for significant depreciation benefits available
+ Potential Net Rent: $176,000 pa* ($4,400 per child) on a rental investment basis
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
CBRE and Gagliardi Scott Real Estate are pleased to offer to the market, 82-88 Benalla Road (Midland Highway), Shepparton VIC via our National Investment Portfolio 160.
The property has the following investment highlights:
+ 100% occupied investment with strong occupancy history.
+ 4 retail showrooms on one title totalling 2,183sqm* anchored by Coventry Group Ltd (ASX:CYG).
+ Investor preferred net lease terms with tenants paying all usual outgoings as per leases.
+ Desirable annual CPI rent reviews.
+ Very low rent per/sqm providing for significant future rental uplift.
+ Property will be sold well below replacement cost.
+ Huge 5,075sqm* ACZ1 freehold landholding with 80 metre* highway exposure.
+ Significant future re-development/ subdivision upside (STCA).
+ High profile Midland Highway site with 22,220 vehicles passing daily. (1)
+ Irreplaceable retail position directly adjoining 19,500sqm* large format Bunnings Warehouse store.
+ Prime location amongst Shepparton Marketplace, The Good Guys, Anaconda, RSEA, Repco and Supecheap Auto.
+ First time offered in over 34 years.
+ Potential 50% stamp duty saving.
+ Shepparton: major regional city with a 100,000 + trade catchment.
+ Net Income: $183,179pa* + GST
For sale by Expression of Interest
Closing 4:00pm (AEST) 11th May 2023
*Approx
1. GapMaps
CBRE and Nutrien Harcourts are pleased to offer to the market, Goodyear Autocare, Leongatha VIC for sale via our Investment Auction Portfolio 160.
The property has the following investment highlights:
+ Secure 5-year head office lease to January 2026 plus options to 2032.
+ Goodyear Autocare: wholly owned subsidiary of Goodyear Tyre and Rubber Company (NYSE:GT), operating over 140 sites nationally. (1)
+ Goodyear Tyre and Rubber Company (NYSE:GT): one of the world’s leading tyre companies with annual sales in excess of $15 billion. (1)
+ Investor preferred net lease terms with Goodyear Autocare paying all usual outgoings incl land tax.
+ Fixed 3% annual rent increases assuring growth.
+ Low rent per/sqm providing for significant future rental uplift.
+ Proven auto retail position with tyre service centres operating on site for over 55 years.
+ 370sqm* freestanding building incorporating showroom, offices and servicing plus canopy.
+ Prime 1,743sqm* freehold corner landholding with combined 79 metre* dual frontage and exposure.
+ High profile South Gippsland Hwy position, major thoroughfare connecting Melbourne to Wilsons Prom.
+ Amongst McDonalds, KFC, Subway, BP, Ampol, United, Autopro and IGA Liquor.
+ Strategically positioned less than 150 metres from the Leongatha CBD.
+ Booming regional centre with Leongatha house prices up 20.5% over past 24 months. (1)
+ First time offered in over 35 years.
+ Potential 50% stamp duty saving.
+ Leongatha: capital township of South Gippsland, rich dairy region, circa 15,000 trade catchment.
+ Net Income: $38,839pa* + GST
To be sold by Investment Portfolio Auction
10:30am (AEST) Wednesday 10 May 2023
Crown Casino, Melbourne
*Approx
1. Goodyear
1. Realestate.com.au
