– Affordable freehold property
– 2 storey terrace with rear courtyard, front deck and balcony
– One of Norton Street’s best positions
– Heart of Sydney’s “Little Italy’
– Adjacent to Berkelouw books and opposite Coles Plaza Shopping Centre
– Immaculate presentation, fully refurbished
– Zoned “Business’Leichhardt LEP
– Suit multitude of uses
– Currently occupied on short term tenancy
– Income producing
Archives: Properties
87 Rankin Street FORBES
– Leased to Central West Credit Union
– Excellent CBD position
– 5 year lease (commenced Septmeber 2008) + 5 year option
– Two street frontages
– Annual rent reviews
Net income: $27,590pa approx. + GST
84-88 Griffith Street, Coolangatta QLD 4225
CBRE is pleased to offer to the market 84-88 Griffith Street, Coolangatta QLD for sale via Private Treaty.
The property has the following investment highlights:
+ NAB: New 5 year lease plus options to November 2034
+ Thai Massage: recent 5 + 5 year lease to 2033
+ Positioned in the heart of Coolangatta’s main retail & resort precinct with 15 hotel/resorts within a 400m* radius
+ Promotively located corner site with three street frontages, providing huge exposure
+ Sought after ‘Centre’ Zoning, perfect for future redevelopment (STCA)
+ Fixed 3% rent increases ensuring future income growth
+ Directly across from Woolworths anchored ‘The Strand’ Shopping Centre supported by a dynamic mix of fashion, surf wear, supermarkets, gifts and homeware tenants
+ Only 2.8km* from the Gold Coast International airport with over 6.5 million visitors per annum^^
+ Coolangatta: The Gold Coast’s southernmost city, has become a thriving shopping & holiday location
+ City of Gold Coast: Australia’s sixth largest city with the population forecast to increase from 650,000 to 1 million by 2046^
+ Total Net Income: $226,505 pa* + GST
For Sale by Private Treaty.
Please contact the exclusively appointed CBRE team for more information.
^ www.goldcoast.qld.gov.au
^^www.goldcoastairport.com.au
*Approx.
89 Westbury Street, St Kilda East VIC 3183
CBRE is pleased to offer to the market, Affinity Education – 89 Westbury Street, St Kilda East (Melbourne), VIC for sale.
This opportunity has the following key investment highlights:
+ Rare triple net lease to Affinity Education Childcare to 2032.
+ Affinity Education: one of Australia’s largest early education providers with 205 + centres nationally.
+ Highly desirable triple net lease structure with the tenant paying 100% of all outgoings including: rates, land tax, insurances, management fees, repairs, maintenance and structural capex.
+ Annual uncapped CPI reviews with ratchet provisions, ensuring future income growth.
+ Long established and strong performing centre licensed for 60 LDC places.
+ Significant 1,287sqm* inner city site with high underlying land value and dual street access.
+ Strategically positioned within a prestigious education precinct with 13 private schools within a 3km radius, servicing a combined 9,200+ full-time students.**
+ Immediate access via both Inkerman and Hotham streets to major commuter routes including the Nepean Highway and Dandenong Road servicing 129,000+ vehicles daily.
+ Conveniently located less than 800 metres* from multiple national retailers including: ALDI, Woolworths, Coles, Priceline Pharmacy and Grill’d.
+ St Kilda East: tightly held family-friendly bayside suburb situated only 6 kilometres* from Melbourne CBD and within close proximity to St Kilda Beach, Albert Park Lake and Elwood Beach.
+ City of Port Phillip: a significant metropolitan Melbourne LGA with a current population of 113,361 residents that is forecast to grow 47.6% to 167,363 by 2041.**
+ Child Care/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding plus an additional $4.7 billion to deliver more affordable child care, which includes increasing the Child Care Subsidy (CCS) rates from July 2023. This reform aims to enhance the affordability of early education and care for approximately 96% of families (1.2 million) with a child in care.***
+ Net Income: $189,123 pa* + GST
For Sale
3 Rex Hills Drive, Ripley QLD 4306
CBRE is pleased to offer to market the Red Rooster at 3 Rex Hills Drive, Ripley QLD for sale via our Investment Auction Portfolio 164.
This opportunity has the following key investment highlights:
+ Brand new ten (10) year head office lease to 2033 plus four (4) further five (5) year options to 2053
+ Red Rooster: part of the Craveable Brands international network with 580 restaurants across Australia and employing over 13,000 people
+ Highly desirable freestanding fast food investment constructed in October 2023, offering outstanding tax depreciation benefits of $125,900 in the first year (90% of rent)
+ High profile 1,823sqm* site located directly off the Cunningham Highway servicing 40,000 vehicles passing daily* and directly adjoining Ampol, McDonald’s, Guzman y Gomez and Smartland Early Learning
+ Conveniently located 4km* from the Coles anchored Ripley Town Centre supported by 20 specialty stores and a current DA of 2,000+ residential dwellings
+ Annual fixed compounding 2.5% rent increases, ensuring certain income growth
+ Single lane drive-thru, modern configuration with on-site parking for 12 cars
+ Ripley: located in the Ripley Valley Priority Development Area (PDA) 32km* from the Brisbane CBD in one of Australia’s largest urban growth areas with development planning for 48,750 dwellings and 131,000+ residents
+ Ipswich: 7th fastest growing metropolitan location in Australia with forecast population growth of 120% to 520,000+ by 2041
+ Net Income: $139,100 pa + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 26 October 2023
The Hilton, Brisbane
Please contact the exclusively appointed CBRE team for more information.
*Approx.
1 Rex Hills Drive, Ripley QLD 4306
CBRE is pleased to offer to market the Guzman y Gomez at 1 Rex Hills Drive, Ripley QLD for sale via our Investment Auction Portfolio 164.
This opportunity has the following key investment highlights:
+ Brand new twelve (12) year head office lease to 2035 plus six (6) further six (6) year options 2071
+ Guzman y Gomez: one of Australia’s fastest growing fast food chains with 200 restaurants and employing over 10,000 people
+ Highly desirable freestanding fast food investment constructed in October 2023, offering outstanding tax depreciation benefits of $156,900 in the first year (82% of rent)
+ Annual fixed compounding 3% rent increases, ensuring certain income growth
+ Commanding 2,483sqm* corner site located directly off the Cunningham Highway servicing 40,000 vehicles passing daily* and directly adjoining Ampol, McDonald’s, Red Rooster and Smartland Early Learning
+ Conveniently located 4km* from the Coles anchored Ripley Town Centre supported by 20 specialty stores and a current DA of 2,000+ residential dwellings
+ Dual lane drive-thru, modern configuration with on-site parking for 23 cars
+ Ripley: located in the Ripley Valley Priority Development Area (PDA) 32km* from the Brisbane CBD in one of Australia’s largest urban growth areas with development potential for 48,750 dwellings and 131,000+ residents
+ Ipswich: 7th fastest growing metropolitan location in Australia with forecast population growth of 120% to 520,000+ by 2041
+ Net Income: $191,200 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 26 October 2023
The Hilton, Brisbane
Please contact the exclusively appointed CBRE team for more information.
*Approx.
11-15 Seaford Road, Seaford Meadows SA 5169
CBRE in conjunction with CBRE Adelaide are delighted to present the brand new Beaumont Tiles and Tool Kit Depot at 11-15 Seaford Road, Seaford Meadows SA to the market for sale by Private Treaty.
This investment has the following highlights:
+ Brand new 7 year leases to 2030 plus options to 2055.
+ Beaumont Tiles: Established over 60+ years with 110 locations Australia wide, acquired by Bunnings in 2021.
+ Tool Kit Depot: Prominent trade retailer, Acquired by Bunnings in 2019 with 75 stores planned for Australasia over the next 3 years.
+ Landmark 10,914sqm* freehold site with a significant 76 metre* frontage, directly opposite Bunnings.
+ Prime 3,578sqm* building with the latest corporate tenant fit-outs and 123 car spaces on title.
+ New buildings (completed 2023) offering substantial depreciation benefits.
+ Important site adjacent to upcoming LFR development and established Auto One, Derrimut Gym, Highgrove Bathrooms, Repco, United, Knauf and more.
+ Landlord preferred net lease terms, tenants pay all usual outgoings including land tax.
+ Certain rental growth with annual, fixed compounding 2.25% increases.
+ Direct access to Main South Road via Seaford Road, a major north–south link connecting Adelaide and the Fleurieu Peninsula with 98,100 vehicles passing daily.**
+ Zero stamp duty investment.
+ City of Onkaparinga: SA’s most populated metro LGA, home to more than 178,000 residents between McLaren Vale & Adelaide.***
+ Net Income: $739,460 pa* + GST.
*Approx
**GapMaps
***Forecast.id
For Sale by Private Treaty
CBRE Agents
Shaun Venables (RLA 313040)
0411 860 865
Beau Coulter (RLA 315777)
0413 839 898
Matthew Wright (AMR)
0458 290 588
Romanor Falconer (AMR)
0413 830 808
35 Taylor Street, Kadina SA 5554
Burgess Rawson in conjunction with Ray White, are delighted to present the Pets Domain at 35 Taylor Street, Kadina SA to the market via Investment Portfolio 164.
This investment has the following highlights:
+ New 5 year lease to May 2028 plus options to 2048.
+ Pets Domain: Wholly owned subsidiary of Pet Solutions International Limited with product lines including Natures Best plus 66 Pets Domain stores Australia wide.
+ Prominent 600sqm* fully refurbished building, with new tenant fit-out and public car parking at the shop front.
+ Large 771sqm* freehold landholding with rear access and loading.
+ Fixed 3.5% annual rent increases ensuring income growth.
+ Central CBD position, amongst national retailers including ALDI, Kmart, Woolworths, ANZ, Telstra, Repco, Goodyear Autocare and more.
+ Zero stamp duty investment.
+ Copper Coast: History rich LGA, home to South Australia’s best holiday beaches and thriving with coastal developments including Kadina & Moonta Redevelopment and more.
+ Kadina: commercial service centre and capital of the Yorke Peninsula.
+ Net Income: $73,783 pa* + GST.
To be sold via Investment Portfolio Auction 164
10:30am (AEDT) Wednesday 25 October 2023
Crown Metropol – Melbourne
* Local and interstate bidding available by prior arrangement.
*Approx
**Forecast.id
Burgess Rawson Agents
Shaun Venables (RLA 313040)
0411 860 865
Beau Coulter (RLA 315777)
0413 839 898
Romanor Falconer (AMR)
0413 830 808
10 Grandview Drive, Mount Pleasant QLD 4740
Burgess Rawson is pleased to offer to the market the Red Rooster located at 10 Grandview Drive, Mount Pleasant QLD for sale via our Investment Portfolio Auction 164.
This opportunity has the following key investment highlights:
+ Renewed seven (7) year lease to Red Rooster to November 2030 plus options through to 2040.
+ Red Rooster: part of the Craveable Brands international network with 569 restaurants across Australia and growing.
+ Investor preferred net lease structure, with the tenant paying all outgoings as per the lease
+ Desirable annual 4% rent increases and rare 6 month security deposit ($80,760.90).
+ Recent capital-intensive tenant funded fit out, bringing in line with new Red Rooster national branding.
+ Long history of on-site tenure with Red Rooster trading on-site for over 20+ years.
+ High exposure 1,900sqm* corner freehold site with drive-thru and 75 metres* of dual frontage.
+ Fast Food Investments: proven ‘set and forget’ asset class, with an astonishing 15.9 million Australians recorded eating takeaway food during a four-week period.
+ Strategic highly desirable position directly opposite Mount Pleasant Shopping Centre featuring 70 plus stores, Priceline Pharmacy, Petbarn, and Amart.
+ Mackay: fast growing commercial centre underpinned by agriculture, mining and tourism. Current population 120,000*
+ Net Income: $172,000 pa* + GST.
To be sold via Investment Portfolio Auction 164
10:30am AEST Thursday 26 October 2023
The Hilton Hotel
*Approx
**GapMaps
34-38 O’Hanlon Place, Nicholls ACT 2913
CBRE and Civium are pleased to offer to the market 34-38 O’Hanlon Place, Nicholls ACT for sale via Expressions of Interest.
The property has the following highlights:
+ Large 1,663 sqm* site adjacent childcare, YMCA Hotel & shops
+ Zoning allows for uses including Medical, Fast-Food & Education
+ Affluent suburb with median household income of $3,134 being 32% higher than the ACT state median
+ Wide street frontage of 36.5m* on to O’Hanlon Place
+ Direct drive-way ingress and egress via O’Hanlon Place
+ Attractive tax benefits with Stamp Duty claimable
+ Gunghalin: important growth region within the ACT, with a population of 88,414*, expected to grow significantly
+ Situated in renowned retail precinct within Nicholls, nearby McDonald’s, KFC & Ampol
+ Strategically located to Barton Highway, 21,600* vehicles daily and growing
To be sold by Expressions of Interest
Closing 3pm AEDT Thursday 26 October 2023
Please contact the exclusively appointed team for more information.
*Approx