CBRE are pleased to offer to the market the Shop 1, 2319-2327 Point Nepean Road Rye VIC for sale via Investment Auction Portfolio 166.
The property has the following investment highlights:
+ Brand new five (5) year lease to 31 December 2028.
+ The Bicycle Company: Owned by GPI Apollo, a nationwide bicycle designer and distributor with over 40 years of experience.
+ Strong and certain income growth with fixed annual, compounding 4% increases.
+ Investor friendly net lease, with tenant paying all usual outgoings.
+ High-Profile 249 sqm* retail shop with main road frontage and impressive fit-out.
+ 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: $63,262 pa* + GST.
To be sold via Investment Portfolio Auction 166
10:30am (AEDT) Wednesday 21 February 2024
River Room, Crown Casino, Melbourne.
This property is being sold alongside one other investment within the same retail complex. Also Available:
Shop 2, 3 & 4 (Lot 2) – Clothing Shop, Rye Thai Massage & Gelato Shop
+ WALE (Weighted Average Lease Expiry): 3.63* Years.
+ Estimated Net Income: $61,341 pa* + GST.
Approx
** Gap Maps
*** realestate.com.au
**** Mornington Peninsula Shire
CBRE is pleased to present Australia Post Dubbo NSW to the market for sale via our Investment Portfolio Auction 166.
This property has the following key investment highlights:
+ 5 year lease to Australia Post to 2028 plus option to 2033
+ Australia Post: Commonwealth Government corporation with 4,271 locations nationally, employing 63,000+ people, revenue in excess of $8.9 billion
+ Direct lease to Australia Post and David Payne Constructions, subsidiary of ASX listed Maas Group Holdings (the developer and vendor of the property) with a market cap of $1.22 billion
+ Key 6,072sqm* landholding improved with a state-of-the-art 2,762sqm* industrial and distribution facility
+ Modern tilt-panel construction, complete drive-thru access, duel frontage with expansive clear span versatile warehouses
+ Newly built in 2023 offering substantial depreciation benefits
+ Dubbo: important NSW regional City, forming an integral part of the Central West with a growing population of 181,500+
+ Net Income: $359,251 pa* + GST (as at 1 April 2024)
To be sold by Investment Portfolio Auction 166
10:30am AEDT Tuesday 20 February 2024
Sydney Opera House, Yallamundi Rooms
Please contact the exclusively appointed team for more information.
*Approx.
CBRE and Tower Francis Property are pleased to present 9/47 Tweed Coast Road, Cabarita Beach to the market for sale via Private Treaty.
This property has the following key investment highlights:
+ New 5 year lease terms to 2028 plus options
+ CWBC: established Cabarita Beach co-working business centre & studio space
+ Tobacconist: Retail shopfront strategically located next to Woolworths.
+ Guaranteed rental growth with fixed 5% annual rent increases
+ Two leases in place with immaculate tenant fit-outs
+ Net leases with the tenants responsible for all outgoings as per the lease
+ Prominent location 300m* to Halcyon House, 50m* to Cabarita Beach and neighbouring Woolworths
+ Cabarita Beach: ranked Australia’s best beach & ideal holiday destination located 50km* to Byron Bay & 22km* to the Gold Coast
+ Net Income: $114,727 pa* + GST
For Sale via Private Treaty
Please contact the exclusively appointed team for more information.
*Approx.
CBRE is pleased to present this freehold healthcare investment at 86-88 Peisley Street, Orange to the market for sale via our Investment Portfolio Auction 166.
The outstanding opportunity has the following key investment highlights:
+ 5 year lease to 2027 plus options to 2037
+ InterHealthcare (IHC): national allied healthcare specialists owned by private equity powerhouse, Next Capital with over $600 million Funds Under Management
+ Operated by PHYZ X specialising in allied health, physio, women’s health, fitness, message and pilates
+ Highly desirable rent reviews to the greater of CPI or 3% annually
+ Landlord friendly net lease structure with tenant responsible for all outgoings as per the lease
+ Integrated healthcare facility and immaculate high-quality fit-out with 12 consulting rooms, rehabilitation centre, reception, and full amenities
+ 449 sqm* freehold landholding improved by a 382 sqm* newly renovated building
+ Strategic CBD location 500m* from Orange City Centre Shopping Mall, Orange Central Square Shopping Centre, Harris Farm, Aldi, Woolworths & Coles
+ Orange: part of the Central West and Orana region set to grow to 325,000 people by 2041.
+ Net Income: $154,724 pa* + GST
To be sold by Investment Portfolio Auction 166
10:30am AEDT Tuesday 20 February 2024
Sydney Opera House, Yallamundi Rooms
Please contact the exclusively appointed team for more information.
*Approx.
CBRE is pleased to announce that this trophy large format retail investment leased to ‘The Good Guys’ at 2B Chelmsford Drive, East Maitland (Newcastle) has sold via private treaty.
The outstanding opportunity has the following key investment highlights:
+ Trophy large format retail investment in prime Hunter Region location
+ Strong national tenant ‘The Good Guys’ owned by JB Hi-Fi, now with 106 locations
+ Parent company JB Hi-Fi with over 300 stores across Australia and New Zealand with market cap of 6.28 billion
+ Renewed 5 lease plus option until September 2032
+ Large 2,426sqm land area with ample on-site customer parking
+ Strong trading store within established and tightly held bulky goods centre occupied by other national retailers including Supercheap Auto, Petbarn and adjacent to major shopping centre ‘Stockland Green Hills’
+ Excellent demographics with 100,000+ residents within a 10km radius and part of the fast growing Hunter Region with a population of 682,000+
+ Strategic and highly exposed New England Highway position with circa 40,000 passing vehicles daily
+ Attractive annual CPI rent reviews
+ Tenant responsible for outgoings, as per lease
Please contact the exclusively appointed team for more information.
*Approx.
CBRE is pleased to offer to the market 2-14 Glen Road, Logan Reserve QLD for sale via Expressions of Interest closing Wednesday 14 February 2024 at 3pm AEST (if not sold prior).
This opportunity has the following key investment highlights:
+ Brand new twenty (20) year net lease to 2044
+ Three (3) further ten (10) year options to 2074
+ Believe Early Education: privately-owned early education provider under management by highly experienced childcare operator
+ Fixed annual 3% rent increases with ratchet provisions at market review ensuring future income growth
+ Tenant pays all outgoings including land tax
+ Brand new childcare facility approved for 140 LDC places, offering outstanding depreciation benefits of $321,000 in the first year (59% of first year’s net rent)
+ State-of-the-art 1,208sqm* single-storey centre with 58 designated on-site car spaces and 113m* of direct street frontage to Glen Road
+ Substantial 5,209sqm* landholding prominently positioned within 350m* of Logan Reserve State School (590+ enrolments) and a 3.5km* radius of an additional 5 schools servicing 7,131* students
+ Strategically located 35km* south of Brisbane CBD within a significant residential growth corridor, with an additional 70,000* new dwellings forecast for Logan City by 2031
+ Unmatched site positioning directly adjacent the Sequana Residential Masterplan, with 242 brand new residential dwellings catering to a population of over 1000* new residents
+ Logan City Council: second fastest growing LGA in South-East Queensland, with the population forecast to increase 47% by 2041 to over 500,000 residents and $1.2 billion* committed in future capital works projects
+ Net Income: $540,000 pa* + GST
For sale via Expressions of Interest closing Wednesday 14 February 2024 at 3pm AEST (if not sold prior).
Please contact the exclusively appointed CBRE team for more information.
*Approx.
CBRE is pleased to offer to the market 21/78 Horton Street, Port Macquarie NSW for sale via Private Treaty.
The property has the following investment highlights:
+ Attention circa $650,000-$720,000 buyers
+ Moin Morris Schaefer: 5 locations across NSW
+ Renewed 4.5 year lease to 2025
+ Further option extending to 2029
+ The LGA is one of the fastest-growing centres in NSW and is home to over 83,000 residents
+ 104 sqm office with practical and functional fitout including self-contained offices, meeting and open plan areas + kitchen & dedicated reception
+ High exposure signage facing Hay Street
+ Epicentre of legal hub close to Legal Aid & Law Court
+ Net Income: $53,639 pa + GST
For Sale via Private Treaty
Please contact the exclusively appointed sales team for more information.
CBRE in conjunction with Ray White Inverloch, are delighted to offer the property at 2A & 2B Ramsey Boulevard, Inverloch VIC for sale by On Site Auction, at 11.30am (AEDT) on Saturday 27th of January 2024
+Brand new 5 & 3 year leases to long proven established Pizzeria Restaurant and Beauty Salon
+ Net leases with tenants paying all usual outgoings as per lease documents
+ Annual CPI rent reviews
+ Absolute prime 360sqm retail site in the heart of the Inverloch
+ Huge 18.5 metre retail frontage and exposure
+ Two retail shops with combined 264sqm net lettable area
+ Beauty Salon includes new immaculate capital intensive tenant fit-out
+ Postion perfect adjoining the Esplanade Hotel, with huge foot traffic, and immediately opposite proposed three level / 42 apartment development
+ Central amongst ample council car spaces all within close proximity
+ Value add features include rear development land (STCA) subdivision potential (STCA) plus rental upside.
+ Inverloch: year round tourist town, 86 kilometres S/E of metro Melbourne, population 6,526 swelling to circa 25,000+ over summer
+ Potential 50% stamp duty savings
+ Estimated Net Income $65,031pa
Secure 15 year lease to G8 Education to 2022.
Two further 5 year options to 2032.
Impressive 883 sqm purpose built facility, licensed for 140 places.
High profile 3,304 sqm Residential 1 zoned corner site with 32 on site car spaces.
Annual CPI rent reviews.
Triple net lease terms.
G8 Education: ASX listed child care operator with 200+ centres nationwide.
Cardinia: one of Australia’s fastest growth areas (2007 – 2012) with a 32.6% population increase.
6 month gross rent bank guarantee.
Rent: $204,474 pa (Effective as at 23 June 2014).
Auction 1:30pm Wednesday 25 June.
Temporary Relocation: Crown Conference Centre.
25 Whiteman Street, Southbank, Opposite Crown Towers.
91 Connors Rd (Paget) Mackay QLD
Large land area: 30,900 sqm.
Buildings: 8,492 sqm – 27% site coverage.
Premier industrial location close to airport.
Gateway to the Bowen Basin-Australia’s largest coal reserves.
Major infrastructure facility.
Rare triple net lease.
Net income in 2019 $977,615 pa, in 2023 $1,100,315 pa.
Current Net Income: $868,599 pa + GST.
This listing is part of a 3 property UGL portfolio offering, with locations in Port Hedland WA, Townsville QLD and Mackay QLD.
All 3 investments feature:
10 year leases to 2024 plus option to 2029.
Leased to ASX Top 200 multi-national with over $4.5 billion income (2014).
Rare triple net leases.
Long term tenant (over 20 years) with substantial capital investment.
Large land parcels.
Sought after strategic industrial locations.
Facilities used for major infrastructure support operations.
Annual rent increases: greater of CPI + 1.0% or 3.0%.
Net Income Range: $298,700 pa to $868,599 pa + GST.
To be sold separately
Michael Gilbert 0430 024 790
Pat Kelly 0412 244 456
