CBRE is pleased to offer to market the Genius Childcare Centre located at 206 Tramway Parade, Beaumaris VIC for sale via Offers to Purchase.
This opportunity has the following key investment highlights:
+ Thirty (30) year triple net lease to November 2050
+ One (1) further ten (10) year option to November 2060
+ Genius Childcare: highly experienced early education provider with a network of 35 centres nationally
+ Favourable annual increases to the greater of CPI or 2.5% with ratchet provisions at market review, ensuring future income growth
+ Highly desirable triple net lease structure with the tenant paying 100% of all outgoings including structural repairs and land tax
+ Completely refurbished 45 LDC place childcare situated within a family-oriented suburb, with 51% of the locale comprising of couples with children
+ Well-positioned 772sqm* site strategically located in a prime schooling catchment – 5 schools within a 750m* radius of the site and an additional 12 schools within a 3km radius, which combine to service 9,300+ students
+ Conveniently located within a 3km radius of numerous retail & commercial amenities including 5 standalone Coles & Woolworths supermarkets, Westfield Southland & Thrift Park Shopping Centre, underpinned by Kmart, Target, Woolworths, Coles, ALDI & 326 specialty retailers
+ Beaumaris: desirable and affluent bayside suburb situated 20km* from Melbourne CBD and within close proximity to Beaumaris Beach, Black Rock Beach, and Mentone Beach
+ 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: $212,698 pa* + GST
For Sale by Offers to Purchase.
Please contact the exclusively appointed CBRE childcare team for more information.
*Approx.
^Australian Government – Department of Education | Child Care Subsidy Reform
Burgess Rawson is pleased to offer to the market 48-52 Redlynch Intake Road, Redlynch (Cairns), QLD for sale via our Investment Portfolio Auction 163.
This opportunity has the following key investment highlights:
+New 15-year net lease to Sanctuary Early Learning to 2037.
+Three further 10-year options to 2067.
+Sanctuary Early Learning: experienced and successful operator with four QLD locations.
+Strong trading business with 90+% occupancy.
+Desirable 3% annual rent increases, plus ratchet provisions at market reviews, ensuring rent cannot reduce.
+Tenant pays all outgoings including land tax and management fees.
+Impressive 100 LDC place centre and winner of the 2023 Master Builders Award – “Best Educational Facility’.
+New construction with significant depreciation benefits.
+Situated within a significant education precinct- 6 schools within a 2.5km radius educating 5,500+ students.**
+Strategic 3,042sqm* site positioned only 600 metres from the Coles anchored Redlynch Shopping Centre and within metres of the Cairns Western Arterial providing direct access to the Cairns CBD (8.2km)
+Cairns: gateway to Australia’s Great Barrier Reef, economic output of $10.22 billion and Australia’s 5th largest regional city with a rapidly growing population of 172,272* people.***
+Child Care/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform taking effect from July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.****
+Net Income: $330,000* pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 14 September 2023
The Hilton, Brisbane
Please contact the exclusively appointed team for more information:
*approx
**Gap Maps
***Economy.id
****Australian Government – Department of Education | Child Care Subsidy Reform
+ 5 year lease to 2027 to experienced hospitality operator, plus two further 5 year options to 2037.
+ Laughing Lark Café: locally owned and licensed café, with an extensive menu with fresh ingredients and open 6 days a week.
+ Attractive 3.5% fixed annual rent increases, ensuring future rental growth
+ Immaculate and brand new tenant fit-out
+ Modern 135sqm* corner premises in the heart of Frankston’s commercial trade catchment.
+ Tenant pays all usual outgoings as per the lease.
+ Important 3 month bank guarantee
+ Single tenanted investment, requiring minimum management.
+ Positioned directly opposite the Vicinity-owned Bayside Centre, a triple supermarket and DDS shopping centre anchored by Coles, Woolworths, ALDI, Kmart and Target, complemented by over 145 specialty stores – services 12.2 million visitors annually.
+ Strategically positioned within 100* metres of the Frankston train station.
+ Frankston: a major commercial, retail, education and transport hub servicing Southern suburbs and the Mornington Peninsula.
+ Net Income: $46,575 pa + GST
CBRE is pleased to offer to the market Red Rooster located at 154-156 Central Avenue, Altona Meadows (Melbourne), VIC for sale via our Investment Portfolio Auction 163.
This opportunity has the following key investment highlights:
+Ten (10) year net lease to Red Rooster to 2030.
+Two further 5-year options to 2040.
+Red Rooster: part of the Craveable Brands international network with 569 restaurants across Australia.
+Investor preferred net lease structure, with the tenant paying all outgoings as per the lease excluding land tax.
+Fixed $5,000 annual rent increases for each year of the first term, then 3% annual rent increases each year thereafter ensuring guaranteed rental growth.
+Long history of on-site tenure with Red Rooster trading on-site for more than 13 years.
+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.
+Modern 197sqm* structure featuring a drive-thru lane and ample on-site parking, accompanied by a recent re-branding capital fit-out, entirely financed by the tenant.
+Strategic 1,405sqm* corner site situated amongst complementary fast food retailers including McDonald’s, KFC & Hungry Jack’s, all with close to Princes Freeway with 138,000*+ vehicles passing daily.
+Located within metres of Point Cook Road, and with in close proximity to both Coles anchored Central Square Shopping Centre and Stockland Point Cook Shopping Centre underpinned by ALDI, Woolworths, Coles and 147+ speciality retailers.
+Altona Meadows: well-established metro suburb, 17km* from the Melbourne CBD.
+Net Income: $132,150 pa* + GST
For Sale by Investment Portfolio Auction 163
10:30am AEST Wednesday 13 September 2023
Crown Casino, Melbourne
Please contact the exclusively appointed CBRE team for more information.
*Approx.
Burgess Rawson is pleased to offer to the market the Curry Twist Indian restaurant at 8/121 Grices Road Clyde North for sale via Investment Portfolio Auction 163.
The investment has the following highlights:
+ Long 10 year lease to October 2032 plus options to 2042.
+ Immaculate 85sqm* premises with brand new fit-out complemented by supporting retail.
+ Curry Twist: New and exciting Indian restaurant with a popular following and high star Google reviews.
+ Annual fixed 3% rent increases.
+ Landlord favourable net lease terms with the tenant paying all usual outgoings.
+ Single tenant minimum management investment.
+ Prime exposure, frontage to 89-space public car park.
+ Brand new construction providing maximum tax depreciation benefits.
+ Surrounded by important social infrastructure including 9 schools with over 7,500 full-time students.**
+ Clyde North: Melbourne’s major southern growh corridor with the population forecast to increase 130.21% by 2041. ***
+ Net Income: $38,250 pa* + GST.
To be sold via Investment Portfolio Auction 163
10:30am AEST, Wednesday 13 September
Crown Casino, Melbourne
*Approx
**GapMaps
***Forecast.id
Burgess Rawson are delighted to announce the successful sale of Red Rooster in Hastings by Investment Portfolio Auction 163.
The property was hotly contested on the day by several parties further demonstrating the demand for fast food assets.
This opportunity has the following key investment highlights:
+Seven (7) year ‘Head Office’ lease to Red Rooster to August 2026 plus options through to 2041.
+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 excluding land tax.
+Desirable Annual CPI rent reviews.
+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 1,798sqm* corner freehold site with drive-thru and 83 metres* of combined frontage to Frankston Flinders Road and Glendale Avenue with exposure to 16,200+ vehicles daily.**
+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 fast food position adjoining McDonalds and adjacent to KFC and Shell Express.
+Located 500 metres* from Hastings Station, Kmart, Woolworths, Aldi and Western Port Marina.
+Hastings: commercial capital of Western Port and key linkage to the Mornington Peninsula, 58km from Melbourne CBD.
+Net Income: $110,969.59 pa* + GST.
*Approx
**GapMaps
CBRE are delighted to announce the successful sale of the Guardian Childcare Centre located at 32 Himalaya Crescent, Seven Hills NSW by Investment Portfolio Auction 163.
The property was hotly contested attracting 95 enquiries and 17 bids on the day. Further demonstrating the demand for the Early Education sector.
For the sales analysis, or to access our next Investment Portfolio Magazine, please contact the team.
This opportunity has the following key investment highlights:
+ Fifteen (15) year net lease to May 2036
+ One (1) further ten (10) year option and one (1) further five (5) year option to May 2051
+ Guardian Childcare: leading national early education provider, educating more than 10,000 children per day across 152 locations
+ Highly desirable annual rent increases to the greater of CPI or 3%, ensuring future income growth
+ Landlord friendly net lease structure with the tenant responsible for all outgoings
+ Modern 621sqm* purpose-built childcare centre licensed for 90 LDC places and constructed in 2021, offering substantial depreciation benefits
+ Strong-trading centre with 100% occupancy and an extensive waitlist, ensuring long-term viability of the business
+ Prominently positioned 1,443sqm* site located in a strong schooling catchment only 350m* from Shelley Public School & 22 other schools within a 3km radius, which combine to service 14,028* students
+ Centrally located between Blacktown’s major commercial & retail amenities with Westpoint Shopping Mall, Seven Hills Plaza, Homemaker Centre Prospect, Blacktown MegaCentre & Blacktown Hospital all within a 3km radius
+ Blacktown City Council: largest LGA in New South Wales, with a population forecast to grow to 625,207 (56.41% increase) by 2041 and $1.5 billion in future capital works projects^
+ 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: $393,620 pa* + GST
*Approx.
^Blacktown City Council
^^Australian Government – Department of Education | Child Care Subsidy Reform
CBRE is pleased to offer to the market 1111 Toorak Road, Camberwell VIC for sale via our Portfolio Auction Campaign 163.
This opportunity has the following key highlights:
+ Prime 475sqm* freehold site with important ROW access.
+ Huge 18 metre* frontage and exposure to Toorak Road and Camberwell Road.
+ High profile position at corner of Toorak Road and Camberwell Road with 37,680 VPD.**
+ Significant development upside up to 3 levels (STCA) with precedent nearby.
+ Premium Commercial 1 Zoning (C1Z) allowing for ultimate flexibility.
+ Well-presented 423sqm* showroom incorporating offices and mezzanine.
+ Important on-title car parking accessed via ROW off George Street and Collings Street.
+ Ideal position fronting high foot traffic pedestrian crossing and metres from tram stop.
+ Suits developers, owner occupiers and investors.
+ House of Recliners currently in occupation on short lease with options to May 2026.
+ Current gross rental well below market at $96 per/sqm, providing huge future rental uplift.
+ Camberwell: affluent inner east metro suburb with $2,632,500 median house price. ***
+ Current Net Income: $33,443pa* + GST
+ Potential at Market Rent: $150,000pa* + GST ($350 per/sqm)
To be sold via Portfolio Auction 163
10:30am AEST, Wednesday 13 September 2023
Crown Casino, Melbourne.
*Approx
**GapMaps
***Realestate.com.au
CBRE from CBRE is please to present to the market the two (2) final tenancies remaining within the Beaconsfield Service Centre retail opportunities.
Key feature include:
+Last two (2) remaining brand new tenancies within the Beaconsfield Service Centre
+Tenancy 5a is 79sqm*
+Tenancy 5b is 79sqm*
+Opportunity to join market leading tenants BP, KFC, Hungry Jacks, Carl’s Jr as well as kebab, barber and Sri Lankan restaurant
+Benefit from high exposure and abundance of onsite carparking
+Flexible uses available with grease trap, three-phase power, exhaust point in sit-chu
+Position perfect adjoining a proposed 108 townhouse development and future planned Woolworths anchored supermarket within 100 metres.
+Beaconsfield: Located 44km* from the Melbourne CBD and strategically positioned at the entrance to Officer, a high growth suburb with the population forecasted to grow 244% by 2036*
+Attractive Incentives available
For further information, please contact CBRE.
CBRE is pleased to offer to market an affordable Sydney Childcare Investment located at 1a Bay Drive, Meadowbank NSW for sale via Private Treaty
This opportunity has the following key investment highlights:
+ Affordable Sydney Childcare Investment
+ New 15 year lease to 2038 plus 10 year option to 2048
+ Happy Faces: established multi site operator
+ Strong trading and thriving boutique 31 place centre, nestled in the heart of high-rise apartments
+ Highly assessable position under 300m* from ferry and train stations and within 5min* drive of 11 schools
+ Meadowbank is a vibrant inner city suburb 14km* from CBD
+ Tenant pays 100% of outgoings, as per lease
+ Attractive annual reviews – greater of 4% or CPI
+ Net Income: $150,000 pa* + GST
For Sale by Private Treaty
Enquire With Agents
Please contact the exclusively appointed CBRE team for more information.
*Approx.