New 3 year lease plus options through to 2026.
Henrietta’s: long established and iconic local business since 1998.
Central 506 sqm site with dual retail exposure of 20+ metres and important frontage to council / IGA car park (125 spaces).
Immaculate 485sqm premises plus popular alfresco dining, refurbished in 2014.
Recent relocation back to original and proven position (next door).
Rent currently at $79 per sqm pa, conservative in today’s market, next review to Market in 2020.
Lessee pays all usual outgoings as per lease.
Annual rent reviews.
Leongatha: capital of South Gippsland, rich dairy region, $65 million+ recent commercial developments, trade catchment circa 15,000, 75km South East of metropolitan Melbourne.
Rent: $39,724 pa.
Auction 12 noon AEDT Wednesday 28 February 2018
River Room, Crown Casino, Melbourne
Renewed secure lease to July 2020, plus options through to June 2026.
Adroit MHL: recent merger of two major brokerage firms with 24 staff and combined 40 years industry experience.
Well maintained 611 sqm two level building occupied since 1997.
Commanding 312 sqm corner site with dual 35 metre frontage.
Important Mixed Use Zoning (MUZ) providing the most flexible future potential.
Fixed 3% increases – assuring growth.
Tenant pays usual outgoings as per the lease.
Directly opposite Morwell Train Station and council car park.
Easily managed single tenanted investment.
Morwell: central within Greater Latrobe Valley urban area (population 75,000) regional hub of Gippsland, 145km east of Melbourne.
Rent: $60,766 pa (July 2018).
Auction 12 noon AEDT Wednesday 28 February 2018
River Room, Crown Casino, Melbourne
Prime Narrandera CBD conner site of 2,024 sqm DA approved for a service station, convenience store and restaurant.
Lessee: Westside Petroleum Holdings Pty Ltd
• Brand new 10 year lease plus four (4) further five (5) year option periods
• DA approved service station site with ATL for 10 years plus 4 x 5 year option periods
• Lease (ATL) to rapidly expanding Westside Petroleum Holdings Pty Ltd. 50+ outlets across the eastern seaboard
• Prime CBD corner position will capture high volumes of light and commercial vehicles
• State-of-the-art design(ed) service station comprising 4 fuel pump islands, canopy, convenient store and restaurant
• Generous depreciation benefits
• Tenant pays outgoings as per lease (ATL)
• Fixed guaranteed rental growth – 3% increases
• Net Income: $260,000 pa + GST
Coles Express (Wesfarmers Limited): New 10 year lease plus options to 2042
Gloria Jeans (Retail Food Group Limited): New 10 year lease plus options to 2037
Annual 3.5% rent increases and CPI reviews
Strategic location on main arterial at the gateway of North Richmond’s commercial centre
Significant landholding of 2,752 sqm with 64m frontage
New improvements comprising Coles Express service station, convenience store, large fuel canopy and Gloria Jeans Cafe with Drive Thru
Brand new development providing substantial taxation saving depreciation benefits
Hawkesbury City Council: Largest local government area in Metro Sydney well positioned for economic growth due to rapidly increasing population
Net Income: $379,000 pa + GST
Auction 11am AEDT Tuesday 20 February 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Recently renewed 10 year lease to July 2026 plus option to 2031.
Petstock: Hugely successful pet supplies and veterinary chain in 156 locations nationally – in occupation 10+ years.
Established business in rapidly evolving precinct, evidenced by the recent addition of Bunnings, brand new McDonald’s (under construction) and Racecourse. Redevelopment (500+ lot residential subdivision).
Strategic 2,023 sqm site located between Racecourse Road (Princes Freeway link) and Pakenham CBD/Train Station.
Fixed annual 3% rental increases.
Tenant pays all usual outgoings excluding land tax.
Single tenant minimum management investment.
Booming Pakenham/Pakenham East: Population forecast to grow by 73% by 2036 (source: .id).
Rent:$133,900 pa.
Auction 12 noon AEDT Wednesday 28 February 2018
River Room, Crown Casino, Melbourne
+Secure 15 year lease to plus options to 2056.
+Dan Murphy’s: A subsidiary of Endeavour Group (ASX:EDV), a top ASX-50 listed company and Australia’s largest liquor retailer with 1,650 stores.
+A proven performing 1,438sqm* store, trading well above turnover rent threshold.
+Landmark 1.126ha* site with 83 at-grade car parks with enormous frontage to Princes Highway with 34,000* vehicles passing daily.
+5,750sqm* of adjoining undeveloped Comprehensive Development Zoned land, providing flexible mixed-use and value add potential (STCA).
+Located in an established and growing Metro Melbourne location of Pakenham with the population forecast to grow by 66% by 2041^.
+Limited Competition being the only large format liquor store within Pakenham.
+Strategically located directly opposite Bunnings, Officeworks and Home Co large format retail centre and adjacent to Coles anchored Lakeside Shopping Centre and Aldi.
+An Essential Service Investment.
Dan Murphy’s Pakenham is for sale by Public Expressions of Interest
Closing 4:00pm (AEST) Thursday 6th October 2022.
*Approx.
^Forecast.id
6 year lease to August 2020 – No options.
Repco: Australia’s leading provider of automotive after-market parts and accessories with 400 stores across the country and New Zealand.
Longstanding tenant, trading from site for over 20 years.
Prime 876 sqm landholding with corner exposure and 23 metre retail frontage to Centre Road, carrying 22,000+ vehicles daily.
Outstanding location opposite a new Bunnings and amongst a multitude of complementary automotive tenants.
Well presented 690sqm building with high clearance, side RSD access and ample parking on-title.
Annual rent reviews/Tenant pays usual outgoings.
Springvale: highly sought-after and established commercial/residential location 20km south-east of Melbourne’s CBD.
Rent: $88,882 pa.
Auction 12 noon AEDT Wednesday 28 February 2018
River Room, Crown Casino, Melbourne
Jamie Perlinger
0413 860 315
jperlinger@burgessrawson.com.au
