CBRE is pleased to offer to the market a rare retail investment located in the heart of the Brisbane CBD.
This investment has the following key investment highlights:
+ Brand new 5 year lease commenced June 2022 with 5 year option to 2032
+ Tenants pays all outgoings including management fees
+ Fixed 3% annual rent increases
+ Substantial building area of 65sqm* plus 32sqm* of alfresco dining
+ Located in the ‘Golden Triangle’ of Brisbane’s financial district
+ Capitalise on the redevelopment of Eagle Street Pier
+ New modern fit-out – ASAP Thai Restaurant
+ Brisbane: Capital of QLD with population circa 2.5 million and highest growth rate of all Australian capital cities
+ Net Income: $78,000 pa* + GST
The investment is for sale via Offers to Purchase.
Please contact the exclusively appointed CBRE Team for more information.
*Approx.
+New 15 year net lease to Little Kids Club to 2037.
+One further 10 year option to 2047.
+Little Kids Club: part of Ascolta ELC, a Perth-based operator, with a future network of 6 centres.
+Desirable 3% annual rent increases.
+Tenant pays 100% of all outgoings including: land tax, rates, insurances and management fees.
+Impressive 436sqm purpose-built child care centre, with approval for 64 LDC places.
+Brand new building with significant depreciation benefits.
+Strategic 1,395sqm corner site, situated amongst an established area with further “infill’ residential development occurring and within close proximity to both Cockburn and Stock Roads.
+Situated within a significant education precinct (7 primary schools within 2.2 kilometre radius)
+Coogee: popular coastal suburb located only 18 kilometres south from the Perth CBD and 6.4 kilomtres south of Fremantle.
+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: $224,040pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 22 June 2022
Crown Casino – River Room
*Mitchell Institute, Australian Investment in Education: Early Learning.
+ Recent 5 year lease to Westpac Group to 2026
+ Westpac – ASX listed company with a market cap of $85 Billion. Westpac has over 13.9 million customers, employs over 33,000 people and is one of Australia oldest and largest bank networks
+ Fixed 2.5% pa rental increases
+ St George forms an integral part of the Westpac Group
+ Tenant pays outgoings (excluding land tax) as per the lease
+ No further option with break clause, as per the lease
+ Strategic CBD freehold with rare dual street frontage near Fairfield’s two largest Shopping Centres – Fairfield City Central & Fairfield Forum
+ Substantial two level building with sensational signage & ATM
+ Ideal position near national brands and transport links
+ Net Income: $147,927 pa* + GST
For Sale by Auction
10.30am (AEST) Tuesday 21 June 2022
Yallamundi Rooms, Sydney Opera House
CBRE is pleased to present 3 Parkside Drive, Tweed Heads South leased to Commonwealth Government Australia Post to the market via Auction.
The property has the following features:
+ 5 year lease to November 2025 plus options to 2030
+ Net lease – tenant pays all outgoings as per the lease
+ Australia Post: one of Australia’s most premium tenant covenants with 4,300+ outlets, nationally employing over 37,000 staff
+ Tweed Heads: Premium Northern NSW location 40 minutes to Byron Bay and 10 minutes to Gold Coast International Airport
+ Strategic industrial and logistics position near the M1 Pacific Motorway, Gold Coast International Airport, Bunnings, Harvey Norman and ALDI
+ CPI annual rent reviews
+ Net Income $206,024 pa* + GST
For Sale by Auction
10.30am (AEST) Tuesday 21 June 2022
Yallamundi Rooms, Sydney Opera House
For more information and to arrange an inspection please contact CBRE.
+ QScan – 9 year lease to 2026 plus option to 2036
+ Persol – Lease to 2025, tenant in occupation since 2018
+ Gunnedah: booming regional centre near Tamworth & Armidale
+ Strong economic fundamentals based on agriculture, gas and coal
+ Excellent road, rail & air connections + NBN connectivity
+ Central location close to medical operators and Gunnedah Hospital
+ Refurbished 558 sqm building with new roof
+ Valuable depreciation benefits
+ Tenants pay outgoings (as per lease)
+ Fixed 3% annual rent increases
+ Net Income: $121,128 + GST
Sales Agents:
Yosh Mendis, CBRE
Michael Gilbert, Flex Body Australia Pty Ltd Licence No 10087879
in conjunction with CBRE
+15 year net triple net lease to Grow Early Education to 2033.
+Two (2) further five (5) year options to 2043.
+Grow Early Education: highly successful operator with 25+ years’ industry experience.
+Annual rent increases to the greater of CPI or 3%, plus ‘ratchet’ provisions at market reviews, guaranteeing rental growth.
+Tenant pays 100% of outgoings including: all maintenance (capex & structural), rates, land tax (single holding), insurance and management fees.
+Purpose-built (constructed 2018) child care centre, licensed for 80 LDC places.
+Strong trading business with 100% occupancy with a long wait-list.
+High profile 1,800sqm main road site, with exposure to Stenner Street, one of Toowoomba’s main arterials and metres from Darling Heights Primary School.
+Strategically positioned 900 metres from Toowoomba’s main retail precinct, including national retailers Harvey Norman, The Good Guys, Spotlight, Anaconda and two major shopping centres – the Coles/Kmart-anchored Toowoomba Plaza, and The Ridge shopping world underpinned by Woolworths.
+Toowoomba: commercial centre of the Darling Downs Region, located 125km west from the Brisbane CBD and servicing a retail catchment of 160,000 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: $282,524* pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 23 June 2022
The Hilton – Brisbane
*Mitchell Institute, Australian Investment in Education: Early Learning.
+ Long 15 year lease until 2035 plus options until 2050
+ Viva Energy, ASX listed $4.4 billion energy giant with 1,300 locations nationally
+ Built 2019 with heavy vehicle access, fibre glass tanks, high flow pumps, and latest fuel monitoring systems
+ Major thoroughfare location at the end of M1 Motorway plus busy trade catchment from surrounding Industrial Estate
+ Tenant responsible for outgoings as per lease
+ Potential tax depreciation
+ Net Income: $383,852 pa* + GST
For Sale by Auction
10.30am (AEST) Tuesday 21 June 2022
Yallamundi Rooms, Sydney Opera House
+Secure 15-year net lease to 2029 plus options to 2044.
+Guaranteed growth with annual, fixed compounding 3.75% increases.
+7-Eleven: Australia’s #1 convenience retailer with over 700 stores and 38% market share.**
+Attractive net lease structure with 7-Eleven responsible for council rates, water rates, insurance and repairs and maintenance.
+Commanding 2,336 sqm corner site with combined 99 metres of frontage and exposure.
+Surrounded by important social infrastructure, including 4 schools and tertiary education facilities in a 3km radius servicing 3,000* full-time students.***
+Strategically situated opposite IGA anchored East-Side Village, boasting retail amenities including Cellarbrations, Subway, Gumdale Pharmacy, Gumdale Medical Centre and Gumdale Tavern.
+Brisbane City Council: The third largest city in Australia, with population forecast to grow 230% to 4.2 million residents by 2050.****
+Gumdale: Affluent and high capital growth suburb with median household income 100% higher than QLD’s average***** and median house price increased by 43.3% to $1,372,500 in the last 12 month. ******
+Minimum management, essential service investment.
+Estimated Net Rent: $372,283 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 23 June 2022
The Hilton – Brisbane
*approx
+ Purpose built medical centre investment established in 1967 – leased to Ascot Medical Centre and QML Pathology
+ Ascot Medical Centre: independently owned and operated medical centre providing first class, quality care since 1967
+ Healius Ltd (QML Pathology): ASX listed giant, market cap circa 2.43 billion, employing over 11,000 staff with 2,250 locations throughout Australia
+ Anchored by a secure 7-year lease to Ascot Medical Centre to 2027
+ Supported by a renewed 5-year lease to Healius Ltd (QML Pathology) to 2027
+ High exposure 756sqm site located along key thoroughfare Racecourse Road and only 6km* to the Brisbane CBD
+ Prominent DC1 District Centre zoned site with 15.1m* of direct frontage to busy Racecourse Road
+ Surrounded by the affluent suburbs of Ascot and Hamilton, nearby to Hamilton Portside, Coles, IGA, Dan Murphy’s, BWS and 7-Eleven and with direct connectivity to the recently upgraded Kingsford Smith Drive
+ The 2032 Brisbane Olympics Athlete Village is located within 2km* from the Ascot Medical Centre
+ Premium Brisbane location – median house prices in Ascot have increased 37.1% over the past 12 months to $1,940,000
+ Estimated Net Income: $174,932 pa* plus GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 23 June 2022
Hilton Hotel, Brisbane
+Renewed Three (3) year lease plus options to 2033.
+Noodle Mas: proven business servicing local community in same premises for 20+ years.
+Investor preferred net lease terms with tenant paying all usual outgoings.
+Annual CPI reviews.
+Rarely offered ‘entry level’ investment.
+Well presented premises with important 12 metre retail frontage and exposure plus ROW access.
+Main road position with 17,000* vehicles passing daily.
+Prime CBD site amongst ALDI, Harvey Norman, Big W, Zambrero & all major banks.
+Potential 50% stamp duty savings.
+Wangaratta: regional city servicing 60,000+ catchment.
+Net Income: $34,215pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 22 June 2022
Crown Casino – River Room
