Archives: Properties

Secure 7 year lease to 2023 (Carpet Court).
Renewed 5 year lease to December 2020 (Rockmans).
Strong Prince Street location with dual street access (Wisemans Way).
Backs on to main shopping mall with Coles, Woolworths, Target, Big W with substantial free parking.
Substantial 2,050 sqm building.
Furniture Court – major nationwide network of 32 outlets.
Rockmans – successful chain with 277 stores nationwide.
Grafton: administrative and commercial hub of the Clarence River Valley with an LGA population of 51,040.
Major infrastructure upgrades (bridge, motorway) underpin economic growth.
4% and CPI annual rent reviews.
Easily managed, high quality investment.
9% yield anticipated.
Net Income: $225,183 pa + GST.

Secure 8 year lease to 2021 plus options through to 2041
Fixed 3% increases – assuring growth
Lessee pays usual outgoings including Land Tax, as per lease
Officeworks: Australia’s largest retailer of office supplies, wholly owned by Wesfarmers Limited – ASX Top 10 company Market Cap $48.61 billion
Immaculate 1,582 sqm building constructed 2013
High profile 2,945 sqm main road site, with combined frontage of 80 metres incl. rear ROW
Important 35 on-site car spaces
Amongst national traders incl. KFC, Toyota, Shell Coles Express & Autobahn
Greater Taree City: population of 50,242 generating $3.27 billion in GRP – population forecast to grow by over 40% to 70,708 by 2036
Substantial income saving depreciation
Net Income: $325,696 pa + GST

Auction 11am AEDT Tuesday 12 December 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

10 year lease to 2024.
Options to 2034.
John Cootes Furniture – 11 outlets and growing.
Subsidiary of ASX listed company with parent company guarantee.
2,441 sqm building area with large 4,421 sqm land area.
The Northern Road – over 40,000 vehicles daily.
High profile location adjacent to KFC, 7-Eleven and Dan Murphy’s.
Penrith/Western Sydney – major population growth area.
Tenant pays 100% of outgoings (as per lease).
Annual rent increases.
Net Income: $374,300 pa + GST.

10 year lease to 2024 plus options to 2034.
Subsidiary of ASX listed company with parent company guarantee.
John Cootes Furniture – 11 stores and growing.
High profile 2,284 sqm store on 2,981 sqm land area.
Close to Westfield Tuggerah, Bunnings, Officeworks in prime bulky goods location.
Located on the Pacific Highway, the main Central Coast arterial road.
Tenant pays 100% of outgoings (as per lease).
Annual rent increases.
Net Income: $426,889 pa + GST.

New 5 + 5 year lease to experienced operator – at this location since 2002.
Substantial 1,929 sqm freehold site over 3 titles with three retail frontages.
Quality improvements include mechanical workshop, showroom, hardstand and customer parking areas.
Dominant corner position on the main route to Sydney, close to all services and public transport links.
Ideal commercial location opposite major Woolworths anchored shopping mall and adjacent McDonald’s, KFC and other major roadside brands.
Griffith: major regional city with a population catchment of 52,000 and growing.
Tenant pays outgoings, as per lease.
Attractive 3% annual rent increases.
Strong lease securities in place.
Easily managed single tenant investment.
Net Income: $85,000 pa + GST.

10 year lease to 2025, plus options through to 2035
Amart Furniture: leading furniture, bedding and outdoor retailer, founded 1970 (Super AMart) now with 50+ stores nationally and growing
Annual rent reviews
Massive 1.078 ha site, with 72.54 metres frontage to Goulburn Valley Hwy
Huge 5,000 sqm (approx) retail/showroom, plus 1,002 sqm warehouse facility
81 on-site car spaces
Proven Highway retail position amongst Toyota, BMW, Harvey Norman, KFC, National Tiles etc
Single tenant minimum management investment
Shepparton: major regional city servicing central Victoria, 150km north of metropolitan Melbourne, trade catchment circa 100,000
Rent: $490,753.72 pa