CBRE is pleased to offer to the market 599-601 The Entrance Road, Bateau Bay NSW for sale via our Investment Portfolio Auction 164.
The property has the following investment highlights:
+ Highly sought-after medical leased asset class
+ Bateau Bay Medical Centre: New 10 year lease plus options to 2042
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and single holding land tax
+ Attractive annual rent increases (greater of CPI or 2.5%) ensuring strong income growth
+ Substantial 1,265 sqm* corner landholding offering 16 valuable on site car spaces
+ High exposure dual street frontage of 65.69 metres to The Entrance Road and Mossman Avenue
+ Longstanding medical history: operating in Bateau Bay for 40+ years
+ The Entrance Road: the main thoroughfare in the region, with 15,000* vehicles travelling daily,
+ Close to Bateau Bay Square, comprising national retailers including Woolworths, Coles, K-Mart, Aldi and Dan Murphy’s, among others
+ Easily managed single tenant investment, allowing interstate or overseas ownership
+ Central Coast: thriving region supporting over 348,930 residents, forecast to grow to 415,355 people by 2036**
+ Net Income: $150,000 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 24 October 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx
**https://forecast.id.com.au/central-coast-nsw
Burgess Rawson is pleased to offer to the market 555-557 Princes Highway, Narre Warren VIC for sale via our Investment Portfolio Auction 164.
This opportunity has the following key investment highlights:
+Ambulance Victoria: Benefitting from the recently announced $500M state funding, this Government service provides emergency pre-hospital response to more than 840,000 cases each year.
+Renewed 6 year lease to Ambulance Victoria to September 2029 plus further option to 2035
+Net lease with tenant paying all usual outgoings – land tax exempt (Land Tax Act 2005 Section 74).
+Favourable annual CPI rent reviews.
+Prominent 1,406sqm* corner landmark freehold site with a combined 75 metre* frontage
+Freestanding building with dual cross over to Princes Highway and Richardson Street
+Strategic tenant choice location with easy access to major arterials, Princes Highway, Monash Freeway and Narre Warren North Road
+High exposure location only 200 metres from Monash Freeway & Princes Highway intersection with 129,000 vehicles passing daily
+Modern well kept 405sqm* station, purpose built for Ambulance Victoria in 2010
+Position perfect, adjacent to national retailers, Mercedez Benz, Toyota, KFC and only 750m* from Casey Lifestyle Centre (JBHi-Fi, Total Tools, Petbarn + more)
+Only 1km* from Narre Warren train station
+Immediately opposite the Mercedes Benz car dealership and service centre which services all ambulance vehicles
+Specialised emergency light signals, allowing immediate and direct vehicle access onto Princes Highway
+City of Casey population is forecast to grow 40.57% to 551,362 residents by 2041
+Net income: $119,940 pa + GST
To be sold via Investment Portfolio Auction 164
10:30am (AEDT) Wednesday 25 October 2023
Crown Metropol – Melbourne
Unless sold prior
CBRE is pleased to offer to the market Domino’s located at 29 Bridge Street, Berserker QLD for sale via our Investment Portfolio Auction 164.
This opportunity has the following key investment highlights:
+ Nine (9) year head office net lease to Domino’s to 2029 plus two (2) further five (5) year options to 2039
+ Domino’s Pizza Enterprises Ltd (ASX: DMP): Australia’s largest pizza chain and global giant with 3,800 stores across 12 countries and a market cap of $4.71 billion AUD
+ Expansive 1,515sqm* corner freehold site with over 76m* of direct frontage to Bridge Street and Queen Elizabeth Drive, providing exposure to 40,000 vehicles daily*
+ Rare and highly sought-after annual CPI rent reviews with a market review in 2026 providing significant potential rental uplift
+ Investor preferred net lease with the tenant responsible for 100% of outgoings
+ Prime location: first fast food option heading north of the Rockhampton CBD
+ Prominent position fronting Queen Elizabeth Drive, a major intersection connecting north and south Rockhampton over the Fitzroy Bridge
+ Located less than 2km* from Stockland Rockhampton and the Northside Plaza Shopping Centre anchored by Woolworths, Coles, Kmart and Big W and 200+ specialty retailers
+ Rockhampton: logistics hub of central Queensland known for its diverse economy underpinned by resource and agricultural industries with a population forecast to exceed 98,000 by 2041
+ Net Income: $62,574 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.
CBRE is pleased to offer to the market Goodstart Early Learning located at 77-79 Smiths Road, Caboolture QLD for sale via Offers to Purchase.
This opportunity has the following key investment highlights:
+ Twenty five (25) year net lease to March 2029
+ One (1) further five (5) year option to March 2034
+ Goodstart Early Learning: Australia’s largest early learning provider with more than 660 centres across Australia combining to educate 60,000+ children
+ Tenant pays all outgoings excluding land tax
+ Favourable annual CPI rent reviews with market reviews in 2029 and ratchet provisions, ensuring the rent cannot reduce
+ High-performing & established 75 LDC place childcare centre trading at 100% occupancy
+ Substantial 2,800sqm* site with dual street frontage and 23 on-site car parks
+ Prominently positioned directly across from both Tullawong Primary School and Tullawong State High School, servicing a combined 1,630+ students*
+ Strategically positioned within a strong schooling catchment with 17 schools within a 3km radius, which combine to service 9,795 students* ^^^
+ Conveniently positioned in close proximity to Caboolture’s key social infrastructure including the Caboolture Hospital (3km*) & the Caboolture Square Shopping Centre (2km*), underpinned by Coles and supported by numerous specialty retailers
+ Moreton Bay Region: booming growth corridor and 3rd largest LGA in Australia with population forecast to increase 64% by 2046^^
+ 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: $192,500 pa* + GST (as at March 2024)
For Sale via Offers to Purchase.
Please contact the exclusively appointed CBRE childcare team for more information.
*Approx.
^Australian Government – Department of Education | Child Care Subsidy Reform
^^ Moretonbay.qld.gov.au
^^^ GapMaps
CBRE is pleased to present to the market 446 Maroondah Highway, Lilydale for sale via Portfolio Auction #163
This opportunity has the following key investment highlights:
+ New 10 year ‘Head Office’ lease to Belgravia to October 2032, plus further options to 2042.
+ Belgravia Group: national powerhouse with 300+ locations, 80,000 members, 7,000 employees and $150m+ annual turnover.
+ Landlord favourable net lease terms with the tenant responsible for all usual outgoings.
+ Land rich 6,229* sqm corner site with significant frontage and exposure to Maroondah Hwy, servicing 25,000+ vehicles daily
+ Important 103 car spaces on-title, providing seamless access and entry to the facility.
+ Immaculately presented 2,412sqm* building with recent $3million capital expenditure, providing significant depreciation tax benefits.
+ Fixed annual rent increases, ensuring future rental growth.
+ Strong membership base with over 2,400 members and growing rapidly, capturing the Yarra Valley region.
+ Strategically positioned in the heart of Lilydale’s main activity centre and surrounded by key national retailers; Supercheap Auto, Repco, Pet Stock, Toyota, Nissan, Shell and more.
+ Lilydale: rapidly growing Eastern suburb of Melbourne and the main gateway to the famous Yarra Valley tourism and wine region, 35km from the Melbourne CBD.
+ Net Income: $546,000* pa + GST (as at October 2023)
Burgess Rawson is pleased to offer to the market RTS (Roma Truck Spares) & Pengelly Trucks and Trailers located at 109 Raglan Street, Roma QLD for sale via our Investment Portfolio Auction 163.
This opportunity has the following key investment highlights:
+ Three (3) year lease to RTS to 2026 with three (3) year option to 2029
+ Eight (8) year lease to 2030 with two (2) five (5) year options to 2040 to Goodyear tenant
+ RTS (Roma Truck Spares) & Pengelly Trucks and Trailers: based in Toowoomba and have expanded to Roma
+ Fixed 3% annual reviews to RTS (Roma Truck Spares)
+ The greater of CPI or 2% annual rental reviews to Goodyear tenant
+ Modern tilt slab construction, offering depreciation benefits
+ Tenants paying their portion of outgoings as per lease
+ Unique building, able to be divided into multiple units, each individually metered
+ Construction: high bay roller door access, entire site concreted, and security fenced and gated
+ Prime location with easy access to the Warrego Highway in Roma Industrial/Trade estate
+ Roma: thriving service centre for south west Queensland and home to the southern hemisphere’s largest cattle sale yards
+ Estimated Net Income: $100,115 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 14 September 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx.
Burgess Rawson is pleased to offer to the market Ms Monaco Hair Society located at 11 Courage Street, Sippy Downs (Sunshine Coast) QLD for sale via Expressions of Interest.
This opportunity has the following key investment highlights:
+ Brand new seven (7) year net lease to 2030 plus one (1) further five (5) year option to 2035
+ Ms Monaco Hair Society: Sunshine Coast’s premier hair salon, renowned for delivering a boutique and luxury experience backed by decades of industry expertise
+ Immaculately presented 280sqm* premises with a high-end boutique $400,000 tenant funded AAA fit out
+ Annual fixed compounding 3% rent increases, ensuring certain income growth
+ Investor preferred net lease structure with the tenant paying all outgoings
+ Brand new construction providing tax saving depreciation benefits
+ Single tenant, providing easy to manage income stream
+ Nine (9) motor vehicle and three (3) motorbike parking spaces on title
+ Strategically located opposite the University of the Sunshine Coast and situated in the centre of the rapidly expanding Sippy Downs Town Centre development precinct
+ Well positioned corner site within a prime schooling catchment – 5 schools within a 2km* radius servicing 6,000+ students
+ Situated within a 1km radius of HQ Sippy Downs, High Steet Residences, and The Views Residences, forming 2,200+ dwellings and housing 5,700 people
+ Sunshine Coast: one of Australia’s fastest growing regional areas with a population over 377,000, forecast to grow by 33% to over 500,000 by 2041
+ Net Income: $130,200 pa* + GST
For Sale by Expressions of Interest Closing 3:00pm AEST Thursday 28 September 2023.
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx.
Burgess Rawson is pleased to offer to the market the 7-Eleven & Fast Food anchored Convenience Centre located at 1102-1108 Bribie Island Road, Ningi (Moreton Bay) QLD for sale by Private Treaty.
This opportunity has the following key investment highlights:
+ Significant 7,006qm* corner land rich site with 258 metres* of direct frontage to Bribie Island and Bestmann Road (25,000 vehicles passing daily)
+ Recently renewed net lease to 7-Eleven to 2028 plus options to 2038
+ 7-Eleven: Australia’s #1 convenience retailer with over 700 stores and accounting for approximately 38% market share
+ Supported by a 10 year net lease to Beefy’s Fast Food to 2031 plus options to 2041
+ Landlord-friendly long-term leases offering secure income (73% of income underpinned by 7-Eleven & Beefy’s)
+ Strong rental provisions across all tenancies between 3% – 4% and CPI ensuring strong rental growth
+ Low site coverage with potential for future development upside (STCA)
+ Ningi: located 42km* north of the Brisbane CBD in one of Queensland’s fastest growing regions, with outstanding connectivity off the Bruce Highway at the gateway to Bribie Island
+ Moreton Bay Region: 24km* from Brisbane CBD, the Moreton Bay Region is the third largest LGA in Australia, with an estimated population of 479,639 and a workforce catchment of over 1 million workers
+ Net Income: $633,504 pa + GST
For Sale by Private Treaty.
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx.
+ Rare freehold going concern accommodation asset in suburban Melbourne
+ Comprising 36 recently refurbished rooms with favourable configurations
+ Ideally located 20km from Melbourne CBD and Dandenong Ranges
+ Close proximity to Maroondah Hospital, Eastland Shopping Centre, and medical/emergence services
+ Opportunity for future upside/redevelopment on 5,225sqm GRZ zoned site (STCA)
+ Superior connectivity by way of Maroondah Highway and Mitcham Train Station
+ Central restaurant/bar, commercial kitchen, and 2x conference rooms
+ High profitable operation with low operational outgoings
+ Management agreement with Choice Hotels, vacant possession attainable
+ 75 Sealed parking spaces in the basement of the property
For Sale via Expression Of Interest
Closing 4pm AEST 14 September 2023
Burgess Rawson are delighted to offer to the market an opportunity to acquire a 100% fully leased major freehold interest at 68-76 Percy Street, Portland VIC for sale via Investment Portfolio Auction 163.
+Fully leased investment including seven (7) commercial & seven (7) residential tenancies.
+Multiple tenancies providing multiple streams of income.
+Prized 1,513sqm* landholding, with premium Commercial 1 Zoning (C1Z).
+Commercial tenancies with landlord favourable net leases, with the tenants paying all usual outgoings, as per the leases.
+Large 1,500sqm* building with rear lane access and significant 37metre* frontage to Percy Street, Portland’s main commercial road link.
+Central amongst national retailers including Woolworths, ALDI, IGA and major banks.
+Less than 1 kilometre* from important public infrastructure, Portland District Health and Portland Port.
+Portland Port: One of Australia’s busiest regional ports and the largest sustainable hardwood chip export in the world.
+Potential 50% stamp duty savings.
+Portland: major commercial centre with multiple economic drivers including shipping, commercial fishing, agriculture and tourism.
+Net Income: $143,720 pa* + GST.
To be sold by Investment Portfolio Auction 163
10:30am AEST Wednesday 13 September 2023
Crown Casino, Melbourne
For more information, please contact the exclusive selling agents.
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au
