CBRE is pleased to offer to the market 233-235 Goodwin Drive, Bongaree (Bribie Island) for sale via our Auction Investment Portfolio 154.
The property has the following investment highlights:
+ Fully leased freehold retail and medical centre adjoining major shopping centre
+ Blue chip tenants include NAB, The Coffee Club and medical centre
+ Long established tenancy mix
+ Tenants pay all outgoings as per the leases
+ CPI + 1% annual rent reviews on 3 of the 4 leases – CPI on the 4th
+ Prime exposure 3,221sqm* site with on site parking for 50 vehicles
+ High profile location seamlessly adjoining Bribie Island Shopping Centre anchored by Woolworths and Target
+ Building area: 796sqm*
+ Bribie Island: 45 minute drive north of Brisbane, connected by bridge
+ Situated in Brisbane’s thriving northern growth corridor
+ Net Income: $416,476 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Thursday 4 August 2022
The Hilton, Brisbane
Please contact the exclusively appointed CBRE team for more information.
*approx.
+Premium Allied Health assets with secure 4-year WALE
+Secure leases to long established tenants including Hallett Cove Family Practice, Hallett Cove Pharmacy, Hear Clear and Fleurieu Psychology Services
+Immaculate 685 sqm* commercial complex with 4 specialised medical and allied health tenancies
+Favourable rental reviews across the complex – ensuring rental growth
+Adjacent to Hallett Cove Shopping Centre, a triple supermarket and shopping centre anchored by Woolworths, ALDI, Drakes and BWS – complemented by over 35 specialty stores and 300+ undercover car park spaces
+Located within close proximity to various high-profile national tenants, with McDonald’s, Domino’s, KFC and Hungry Jack’s all within 650 metres
+Surrounded by important social infrastructure including 6 schools within a 2km radius servicing ~3,290 full-time students**
+Easy and quick access to Lonsdale Road, a major South Australian arterial road servicing over 27,000 vehicles per day**
+Hallett Cove: Strategic metro growth suburb, located just 23km* from the Adelaide CBD with a retail expenditure to grow by 67% to $2 billion by 2036***
+City of Marion: The City of Marion boasts an annual economic output of $7 billion, representing more than 23% of Southern Adelaide’s economic output****
+Stamp duty free investment
+Minimum management, essential service investment
+Net Income: $306,754 pa + GST
To be sold by Expression of Interest
Closing Wednesday 17th of August at 4:00pm
*Approximately
**GapMaps
***SC News
****Remplan
+100% leased to Fast Food & Government tenants
+Long 10 year lease to Schnitz to 2028 plus options to 2042
+Schnitz: fast-food retailer with over 71 stores nationwide*
+Secure 10 year lease to Beyond Housing to 2029 plus options to 2039
+Beyond Housing: government funded agency providing affordable housing and homelessness services
+Investor preferred net lease terms with tenants paying all usual outgoings
+Fixed 3% annual rental increases assuring growth
+Immaculate 786sqm*** building with recent $1m+ tenant funded upgrades offering significant depreciation benefits
+Prime 848sqm*** site with dual street frontage
+Strategically positioned amongst Village Cinemas, Target, GOTAFE & OZ Tenpin Bowling
+Potential 50% stamp duty savings
+Shepparton: major regional city with 100,000+ trade catchment
+Net Income: $159,905pa + GST (as at November 2022)
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino – River Room
*GapMaps
**Beyondhousing
***Approx
+New 15 year net lease to Hei Schools to 2037
+Two further 10 year options to 2057
+Hei Schools: highly experienced operator with 8 established locations
+Desirable fixed 3.5% annual rent increases
+Tenant pays all usual outgoings
+Premium 1,123sqm child care facility, purpose-built and created in collaboration with Finnish architects and designers, licensed for 120 LDC places
+Large 3,898sqm high profile corner site, metres from Geelong Ring Road (Princes Freeway) and only 8 kilometres from the Geelong CBD
+Strategically positioned within close proximity to the Geelong Homemaker centre including Bunnings, Waurn Ponds Shopping Centre underpinned by Coles, Woolworths and 140+ specialty stores, Epworth Hospital and Deakin University
+New construction with significant depreciation benefits
+Geelong: Victoria’s largest regional city, home to 274,000 + residents and with an economic output of $34.8 billion*
+Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year**
+Income: $346,088 + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino – River Room
*Remplan
CBRE is pleased to offer to the market, 1 Charlotte Close, Woree (Cairns) for sale via our Auction Investment Portfolio 154.
The property has the following investment highlights:
+ Anchored by brand new 10 year lease to Southside Veterinary Surgery plus options to 2042
+ New 5 year lease to Anytime Fitness to 2027 plus options to 2037
+ New 5 year lease to Subway to 2027 plus options to 2042
+ Strong and certain rental growth with annual rent increases
+ Outstanding 6.5+ year WALE investment
+ Long-term tenants, with Southside Veterinary Surgery operating since 2000
+ Prime corner location with three street frontage opposite McDonald’s and Southside Shopping Village with convenient access to the Bruce Highway
+ High exposure main road site with 51,000+ vehicles passing daily
+ Large 2,699sqm* site with 41 at-grade car parks
+ Cairns: gateway to Queensland’s tropical north and home to 168,853 persons* as at June 2021 and an average growth rate of 1.9% over the past 10 years
+ Net Income: $200,800 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 4 August 2022
The Hilton, Brisbane
Please contact the exclusively appointed CBRE team for more information.
*approx.
+15 year net lease to Aspire Early Education to 2037
+Two further 10 year options to 2057
+Aspire Early Education & Kindergarten: highly experienced operator with a growing network of 11 locations
+Fixed 3% annual rent increases
+Tenant pays all usual outgoings
+State-of-the-art 925qm child care centre, approved for 140 LDC places
+1,975sqm high profile corner site, metres from Harvest Home Primary School (800 students)
+Strategic position adjoining King Swim / YMCA and within metres from Hungry Jacks, Shell & Aurora Village Shopping Centre underpinned by Coles and Aldi Supermarkets
+Located within the rapidly evolving 630ha Aurora master planned community – future home to 25,000+ residents
+Brand new building with significant depreciation benefits
+Epping: booming Melbourne growth suburb, 18 kilometres north from the CBD with population forecast to grow by 46% by 2041*
+Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year**
+Net Income: $438,220 + GST
For Sale by Private Treaty
+ Brand new 15 year net lease to 2037 plus options to 2057
+ Mobil (Pearl Energy): over 70+ sites nationally and growing to 100+ sites by 2023
+ Newly completed in 2022 offering substantial depreciation benefits
+ Strategic gateway 1,855sqm landholding on Coffs Harbour’s major highway 34,000 cars passing daily
+ Coffs Harbour: Australia’s fastest growing coastal city with a population of 79,000+ people
+ Net Lease – Tenant pays all outgoings (including Land Tax)
+ CPI + 0.5% annual rent reviews
+ Net Income: $290,000* pa + GST
For Sale by Auction
10.30am (AEST) Tuesday 2 August 2022
Yallamundi Rooms, Sydney Opera House
*approx
+New 15 year net lease to Natural Beginnings Early Learning to 2037
+Two further ten year options to 2057
+Natural Beginnings Early Learning: long established and highly respected local provider
+Greater of CPI or 3% annual rent increases
+Tenant pays all outgoings including land tax
+Well-maintained child care centre, licensed for 81 LDC places
+Strong trading centre with high occupancy
+Large 4,006sqm site, located 350m from the Bruce Highway, providing ease of access to the Cairns CBD, and only 900m from the soon to be complete $20 million Woolworths anchored Gordonvale Shopping Centre
+Cairns: gateway to Australia’s Great Barrier Reef, economic output of $10.25 billion and Australia’s 5th largest regional city with a rapidly growing population of 168,449 people
+Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year**
+Net Income: $226,800* pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 4 August 2022
The Hilton – Brisbane
*approx
+20 year net lease to Busy Bees to 2027
+Two further 10 year options to 2047
+Busy Bees: UK-based, global early childhood education operator with more than 850 centres worldwide, including 222 in Australia and New Zealand
+Annual CPI rent reviews
+Tenant pays all usual outgoings
+Well-maintained 91 LDC place child care centre, with significant capital upgrade to external playscapes
+Security of 12-month bank guarantee
+Large 2,463 sqm site with triple street frontage and only metres from Carrum Downs Secondary College and Banyan Fields Primary School
+Prime position with close proximity to Carrum Downs Shopping Centre and with ease of to both the Dandenong – Frankston Road and Eastlink, major arterials connecting the Melbourne CBD to the southeastern suburbs
+Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+Net Income: $300, 481 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino – River Room
*approx
+Secure 17-year Net Lease to 2033 plus options to 2073
+Chevron Corporation (NYSE: CVX) Caltex Australia: Major global energy company, with a market cap of $317 Billion and over 360 sites nationally**
+Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings including rates, insurance, and Land Tax
+Tenant is also responsible for all maintenance, repairs and replacement of fuel tanks and equipment plus site remediation
+Strong and certain rental growth with annual, fixed compounding 3% increases
+High profile 1,016sqm* gateway site with direct frontage and exposure to David Low Way
+David Low Way: An important 4 lane arterial road linking Noosa to the Sunshine Coast, servicing approximately 17,000 vehicles daily***
+Less than 2km from the Peregian Shopping Centre, a Coles-anchored shopping district boasting 307* car parking spaces and 16 speciality stores including BWS, LiveLife Pharmacy and Jets Fitness****
+The surrounding area benefits from social infrastructure including 4 schools servicing over 3,900+ full-time students***
+Significant tourism region, attracting 1.9 million visitors who generate $1bn each year*****
+Noosa Shire Council: by 2041, population is forecast to grow by 14.84% to 65,000 residents******
+Minimum management, petrol station investment
+Estimated New Rent: $260,837 pa*
To be sold by Investment Portfolio Auction:
10:30am AEST Thursday 4 August 2022
Hilton Hotel, Brisbane
*approx.
**Chevron
***Gapmaps
****Peregian Beach SC
*****Visit Noosa Annual Report
******Economic Development Strategy
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.