Burgess Rawson is pleased to offer to the market, 50 Arve Road, Geeveston TAS for sale via our Investment Portfolio Auction 161.
This opportunity has the following key investment highlights:
+Brand new and secure 10-year lease to proven roadhouse operator from 2023 through to 2033 plus options to 2043.
+ Separate lease to Bennetts Petroleum to 2024 plus options through to 2030 with all fuel infrastructure above ground.
+Bennetts Petroleum: Tasmania’s largest Ampol distributor and multi site operator with 16+ sites in operation.
+Favourable rental reviews: annual CPI reviews and fixed 3% increases.
+Landlord-favourable, set-and-forget net lease structure with tenant responsible for council rates, water rates and single holding Land Tax.
+Strategic 866 sqm* site with 30 metres* of frontage to Arve Road which connects to the Huon Highway the major highway link between Hobart and the Huon Valley.
+High Yielding, superb entry level asset, minimal management commercial investment.
+Geeveston: One of the worlds most important apple and fruit growing regions and on the route to one of Southern Tasmania’s most popular tourist attractions, the Tahune Airwalk.
+Tasmania: Leading the nation , ranked #1 in key economic indicators in CommSecs’s latest State of the States report***
+Net Income: $43,930 pa + GST (Nov 2023)
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 21 June 2023
Crown Casino, Melbourne
– New 10 year net lease to long established tenant
– Brand new contemporary building with high depreciation allowances
– Quality up market restaurant operation with extensive fitout & valuable outdoor seating area
– Corner position with two extra large street frontages
– Great building foyer exposure and access
– Successful restaurant group with multiple locations
– Strata area 251sqm
– Busy media, entertainment and residential locale
– Annual 4% rent increases
– Tenant pays outgoings, as per lease
– Net income: $182,000pa + GST
– FOR SALE: $2.45m (circa 7.5% net yield)
Lifestyle Working Brookvale is a brand new and exciting office development providing three levels of high grade commercial office accommodation and basement car parking.
It’s distinctive design is attractive, contemporary and also very functional in the way that it provides a high level of quality in all of its suites and facilities whilst aiming to meet the highest level of ecological sustainability. Initiatives that have been incorporated into the building’s unique design include:
? Natural and cross flow ventilation
? Rainwater harvesting
? Solar panels
? Health club, lap pool, café/restaurant
? Energy savings and environmental advantages
? High levels of occupier comfort
There are two suite investments currently available, both with secure and reliable tenants in place with 3 and 5 year leases respectively. Don’t miss this opportunity to own a part of this amazing new development.
– New 10 year net lease to long established tenant
– Brand new contemporary building with high depreciation allowances
– Quality up market restaurant operation with extensive fitout & valuable outdoor seating area
– Corner position with two extra large street frontages
– Great building foyer exposure and access
– Successful restaurant group with multiple locations
– Strata area 251sqm
– Busy media, entertainment and residential locale
– Annual 4% rent increases
– Tenant pays outgoings, as per lease
– Net income: $182,000pa + GST
– FOR SALE: $2.45m (circa 7.5% net yield)
– Prominent corner position
– Annual rent reviews
– Well appointed service station and convenience store with limited competition
– Highly desirable and secure investment
– Long established site close to shopping facilities
– Net Income: $220,922 p.a. + GST (est.1-9-10)
– 12.2 ha of development land
– Part of the Box Hill new release precinct as designated by NSW Department of Planning
– With current DA’s and imminent rezoning potential
– Suits immediate development or future landbanking
– Available in allotments from 2 ha upwards
– Current holding income available
– Flexible vendor will consider sale, leaseback, development or joint venture options
– Secure lease to Nov. 2020 plus options
– Lessee: United Petroleum Pty Ltd
– Over 200 stores nationwide
– Modern 24hr service station
– Huge site area 2,381 sqm
– Over 20,000 cars pass daily
– Outgoings paid by tenant
– Guaranteed annual CPI increases
– Net Income: $230,454 p.a. + GST
5+5+5 YEAR LEASE (exp. June 2015) to International Agricultural Group (est. 1940)
3 YEAR LEASE (exp. April 2013) to high turnover, popular restaurant.
Prestigious corporate head office and warehouse building plus 70+ seater restaurant
and car park.
Strong NSW Riverina growth location.
Total of 1,732sqm building area.
Corner site of 3,862sqm.
Long term occupiers with exceptional quality fitouts.
Net income: $187,110pa + GST
Prominent 2,004 sqm retail holding with triple street frontage opposite council carpark with 350+ car spaces
Recently renewed lease to NSW Government expiring 2020 plus options to 2030.
Includes 3 retailers/tenants with leases to 2021 plus options to 2041
Strategic main street position next to Woolworths
Easy to manage high yielding passive investment
Growth location with 16,000+ catchment
Net Income: $248,394 pa + GST
WILL BE SOLD!
New Venue and Time
Auction 12 noon AEST Tuesday 23 June
Sofitel Wentworth Hotel, Sydney
Michael Gilbert 0430 024 790
Dean Venturato 0412 840 000
