CBRE are pleased to offer to the market 20 Ryley Street, Wangaratta VIC for sale via our Investment Portfolio Auction 157.
The property has the following investment highlights:
+ Renewed 5 year lease to December 2027 – No Option
+ Fixed 3.5% rent increases
+ Modern 350sqm* building plus drive thru, constructed in 2007
+ Tenant responsible for rates, insurance, repairs, plant/ equipment and structural works
+ Strategic 1,815sqm* ‘island site’ interconnected with Coles/Kmart
+ 23 car spaces on-title
+ Wangaratta: important commercial centre servicing catchment population over 48,500
+ Net Income: $121,564 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AESDT Wednesday 7 December 2022
Crown Casino, Melbourne
Please contact the exclusively appointed CBRE team for more information.
*approx
CBRE and Century 21 are pleased to offer to the market the NAB, Hastings VIC for sale via Investment Portfolio Auction 157.
The property has the following investment highlights:
+High profile 445sqm* Commercial 1 Zone site with important dual frontage and side pedestrian lane access.
+Trophy 402sqm* freehold building on main retail strip with direct exposure to 250+ council car parks at rear.
+Desirable retail position between Coles and Woolworths and nearby Kmart, ALDI and Ritchies IGA.
+NAB must convert building back to 5 individual tenancies at their cost.
+Leased to NAB, ASX listed giant with current $99.31 Billion market cap (as at 9 November).
+Fixed 3% annual rent increases assuring growth.
+NAB pay all usual outgoings including land tax as per lease.
+Hastings: commercial capital of Western Port, only 58km from Melbourne CBD.
+Net Income: $101,295 pa* plus GST (as at February 2023)
*Approx
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 7th December 2022
Crown Casino, Melbourne
CBRE is pleased to offer to the market UBX Boxing + Strength at 5/166 Whitehorse Road, Blackburn VIC for sale via Investment Portfolio Auction 157.
The property has the following investment highlights:
+New 10-year lease to September 2032 plus options to 2042.
+UBX: rapidly expanding boxing and strength club with over 90 locations across the globe.
+Landlord favourable net lease terms with tenant paying all usual outgoings.
+Annual fixed rent increases, assuring rental growth.
+6-month security deposit.
+Immaculate 175sqm* premises with brand-new high-quality tenant fitout.
+2 secure underground car parks on-title.
+Brand new construction offering significant potential depreciation benefits.
+Perfectly positioned within Pace’s Blackburn development, incorporating 289 apartments, and complimented by a plethora of leading retailers Foodworks Supermarket, Jellis Craig, Daiku Japanese, The Studio Beans, Talon’s Nail Salon and more, 2km from the Eastern Freeway.
+Pace of Blackburn, delivered by Pace Development Group who have delivered more than 100 projects across Melbourne.
+Whitehorse Road: major eastern suburbs arterial with an average of 37,000 vehicles passing daily.**
+Surrounded by important social infrastructure including 9 schools servicing over 8,000 full-time students within a 2.5km radius.**
+Positioned less than 2km from the Eastern Freeway, a major arterial. *
+Blackburn: median house price growth of 13.9% since January 2021.***
+Blackburn: established Metro Melbourne suburb, population forecast to grow 25% by 2031.****
+Net Income: $65,625 pa* + GST
To be sold via Investment Portfolio Auction:
10:30am (AEDT) Wednesday 7 December 2022
Crown Casino – River Room
*Approx
**Gap Maps
***Realestate.com.au
****Urbis
Under Instructions from KordaMentha – Agent for the Mortgagee in Possession.
CBRE and Wes Davidson Real Estate are delighted to offer to the market, Family Doctor, Horsham VIC for sale via CBRE’s portfolio auction in Melbourne on the 7th of December 2022.
+New lease to December 2026 plus options through to 2036
+Family Doctor: National network of 70+ medical and dental practices with an aggressive growth strategy.
+Rent: $52,464 pa* + GST.
+Net lease terms with tenant paying all usual outgoings as per lease.
+Fixed annual rent reviews.
+Gross 237sqm* premises with modern medical fit-out.
+Part of a larger medical precinct including pharmacy and directly adjacent to Aldi.
+Situated in the CBD of Horsham surrounded by national tenants including Harvey Norman, Goodstart Childcare Centre, Cheap as Chips.
+Potential 50% Stamp Duty Savings.
+Horsham: Wimmera’s commercial/retail centre with a trade catchment of circa 55,000 people with annual economic output of $7.481 billion.** The region produces more than half of Victoria’s total grain crop, oilseeds and pulses.***
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 7th December 2022
Crown Casino, Melbourne
*Approximate, all areas and boundary indicative only.
**Remplan
***Wimmera Development Association
CBRE and Knight Frank TAS are delighted to offer to the market, Salvos, Devonport TAS for sale via CBRE’s portfolio auction in Melbourne on the 7th of December 2022.
+Renewed 5 year lease to November 2027 plus options through to 2037 to Salvo’s Stores.
+Landlord preferred net lease terms with Salvo’s paying all usual outgoings (Inclusive of Land Tax) as per lease.
+Attractive annual CPI increases
+Salvo’s are a 125 year old government-funded retailer with over 350 stores nationally and an aggressive growth strategy.
+High profile two level 1,199sqm* building, converted into three tenancies.
+Ground floor: Salvo’s store plus small retail store, level 1 leased to renowned ballet studio.
+Proven and established Devonport CBD location with Australia Post, Westpac, Flight Centre, Toyworld and Devonport’s two main pubs (Central and The Alex) plus Bottle-O bottleshop.
+Brand new 187 room Novotel Hotel recently completed within 400m*.
+Devonport: Largest North-West Coast City and is the major service centre, Port and Tourism link to Melbourne and mainland Australia.
+Commsec ranks Tasmania as Australia’s best performing state in key economic indicators***
+Estimated Net Rent: $101,936.45 pa * + GST (before owners outgoings).
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 7th December 2022
Crown Casino, Melbourne
CBRE, in conjunction with CBRE Adelaide, are pleased to offer to the market 49 Seaford Road, Seaford Meadows (Adelaide) SA for sale via Investment Portfolio Auction 157.
The property has the following investment highlights:
Brand new 10 year lease to November 2032 plus options to 2042.
+Total Tools: majority owned by Metcash, Australia’s leading distribution and marketing company with a market cap of $3.87 billion.**
+Investor-preferred net lease structure with Total Tools paying all outgoings excluding Land Tax.
+Annual fixed compounding 2.4% rent increases – ensuring rental growth.
+Impressive 3,489 sqm freehold with 45 car parking spaces on-title.
+Newly constructed (2022) 1,691 sqm building offering substantial tax depreciation benefits
+Ideally positioned amongst complementary tenants including Bunnings and Kennards, and within metres of Seaford Meadows growing industrial precinct.
+City of Onkaparinga: SA’s most populated metro LGA, home to more than 174,500 residents between McLaren Vale & Adelaide.***
+Net Income: $299,345 pa* + GST
To be sold by Investment Portfolio Auction:
10:30am AEDT Wednesday 7 December 2022
Crown Casino, Melbourne VIC
*approx.
**ASX
***Profile.id
Burgess Rawson is pleased to offer to the market, Wahroonga Specialist Centre, Wahroonga NSW for sale via Investment Portfolio Auction 157.
The property has the following investment highlights:
+Sonic Healthcare Ltd. (ASX:SHL): leading global healthcare providers with a market cap of $15.39 billion
+Ideally situated in key medical precinct adjacent to Sydney Adventist Hospital, the largest private NFP hospital in NSW
+Well-presented medical suite with reception, waiting & consult rooms
+Ku-ring-gai Council: prestigious municipality with population forecast to surge 20% by 2041
+Estimated Net Rent: $57,070 pa + GST
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 6th December 2022
Yallumundi Rooms, Sydney Opera House
CBRE is pleased to offer to the market 1020 Burwood Highway, Ferntree Gully VIC for sale via Investment Portfolio Auction 158.
The property has the following investment highlights:
+ Renewed 5 year lease to November 2027 plus option to 2032.
+ Garry & Warren Smith Mazda: one of Melbourne’s oldest Mazda dealerships established 1972.**
+ Landlord preferred, net lease terms with tenant paying all outgoings excluding Land Tax.
+ Annual fixed compounding 3.5% rent increases, assuring rental growth.
+ High profile 2,124sqm freehold site with prime Burwood Highway frontage and exposure.
+ Well-presented and maintained 1,054sqm freestanding building including modern warehouse and customer and staff amenities.
+ Architecturally designed – first tilt slab warehouse built in Australia.
+ Strategically placed along Burwood Highway, a major arterial servicing 32,000+ vehicles daily.***
+ Surrounded by major complementary users including Woolworths and Aldi Supermarkets, Repco, Chemist Warehouse, 7-Eleven, Subway, Domino’s, KFC and numerous automotive dealerships and retailers.
+ Within Ferntree Gully, Mazda boasts an impressive 25% market share in the automotive retail sector.***
+ City of Knox: significant metro municipality with population forecast to grow 15% to 192,407 residents by 2041.****
+ Net Income: $170,187 pa* + GST
To be sold by Investment Portfolio Auction:
10:30am AEDT Wednesday 22 February 2023
Crown Casino, Melbourne VIC
Please contact the exclusively appointed CBRE team for more information.
*approx.
** GWS Mazda
***Gapmaps
****Forecast.id
Burgess Rawson is pleased to offer to the market, Red Rooster Centre, Burleigh Waters QLD for sale via Private Treaty.
The property has the following investment highlights:
+ Drive-thru Red Rooster and 5 fast food/convenience retail shops on one 4,579sqm* freehold title.
+ Prime location on Gold Coast’s 2nd busiest intersection, with over 83,000 vehicles passing daily (1).
+ Highly strategic landholding; seamlessly integrated with McDonald’s and Treetops Plaza Shopping Centre (Coles and Chemist Warehouse), and opposite Bunnings Warehouse, Australia Post and Westpac
+ Easy access and generous on-site parking for 43 cars*.
+ Robust leasing arrangements for the landlord; 5.6 year WALE (Weighted Average Lease Expiry), 60% of the rent from national/international tenants and 5 of the 6 tenants have no options beyond 2030.
+ Outstanding 37% sales growth (all tenants combined) in the centre since September 2020.
+ Set-and-forget net lease terms with favourable annual rent reviews and tenants responsible for rates, building insurance, public liability insurance, repairs and maintenance.
+ Medium term potential to occupy, redevelop and/or subdivide (STCA) and re-sell individually.
+ Low 15% site coverage* and flexible “Centre Zone’ zoning, allowing for a wide variety of uses and potential 8-9 level development (STCA).
+ Booming Gold Coast location with 70% house price growth over the last 2 years (2) and 45% forecast LGA population growth by 2041 (3).
+ Australia’s fast food industry is tipped to hit $22 billion in 2022 (4).
+ Projected Net Income: $544,089 pa + GST (5).
To be sold by Private Treaty
*Approx
1. GapMaps
2. realestate.com.au
3. Queensland Goverment
4. IBIS World
5. Based on Sep CPI
+ New lease to TAB plus options to 2030
+ TAB: Australia’s biggest multichannel wagering provider, ASX listed tenant with a market cap of $2.23B
+ Attractive 3.5% fixed annual rent increases, assuring future rental growth
+ Tenant pays all usual outgoings including single holding Land Tax as per the lease
+ Strategic location situated amongst other national retailers including Woolworths, KFC, JB-Hi-Fi, Chemist Warehouse, K-Mart, BP and more.
+ Positioned directly opposite Greensborough Plaza attracting 8,400,000 visitors annually.
+ 349* sqm freehold site situated on Grimshaw Street in Greensborough’s main retail strip with 10,800 vehicles passing daily.***
+ Important 360 space public car park at the rear of the property with direct customer access
+ Single tenant and minimum management investment
+ Greensborough: Population forecasted to grow 22% to 20,490 by 2041.**
+ Net Income: $115,000 pa + GST
To be sold via CBRE’s Investment Portfolio Auction
Wednesday 7 December 2022
Crown Casino, Melbourne
*approx
** forecast id.
*** gap maps
