Properties Archive

19-23 Wilson Street, Burnie TAS 7320

CBRE together with Elders Commercial Tasmania is pleased to offer to the market the Subway in Burnie, TAS for sale via our Investment Portfolio Auction 181. This opportunity has the following key investment highlights:
+ Renewed 5 Year Lease to Subway through to 2028 with further options
+ Subway: Globally recognised fast food brand with 37,000+* stores in over 100* countries worldwide
+ Recent significant Subway tenant-funded refurbishment
+ Subway with attractive 3.5% annual rent increases, assuring future rental growth
+ Complimented by 1st floor office tenants & additional ground floor retail shopfronts
+ Strategically positioned on a prominent CBD corner, providing highly identifiable, main street CBD exposure
+ Burnie: home to the highest volume port in Tasmania accounting for 35.56%* of Tasmanias total tonnage
+ Marinus Link Major energy infrastructure project, due to commence in 2026. Forecast to support 1,400 jobs & generate $1.4 billion in additional economic activity
+ Tourism: Tasmania welcomed 1.35* million visitors to June 2025, up 3.6%*in the year ending September 2024, up 3.5% on 2023.
+ Net Income: $134,124.25* + GST To be sold by Investment Portfolio Auction 181 10:30am (AEDT) Wednesday 10 December 2025 River Room
– Crown Casino, Melbourne.
*Approximately

4 Shakespeare Grove, St Kilda VIC 3182

CBRE is pleased to offer to the market Bay City Burrito at 4 Shakespeare Grove, St Kilda VIC for sale via private treaty. This investment has the following key highlights:

+ 5 year lease to December 2028 plus three (3) further five (5) year options through to 2043
+ Bay City Burrito: Experienced hospitality operator with over 14 years of serving Californian style Mexican Tacos and Burritos.
+ Strong and certain income growth with fixed annual, compounding 4.5% increases
+ Investor preferred net lease terms with tenant paying all usual outgoings excluding Land Tax
+ Prime 149sqm* Commercial 1 Zone (C1Z) retail store with important Shakespeare Grove frontage
+ Important on-title basement carpark and lock up storage area.
+ Irreplaceable position with direct frontage to Luna Park with over 800,000 annual visitors (1)
+ Prime retail location next to Woolworth and only meters from the Coles anchored Acland Street Retail.
+ Strategically situated in St Kildas premier retail and lifestyle precinct, surrounded by national tenant including McDonalds, KFC, Aldi, Chemist Warehouse, Cotton On, and many more.
+ St Kilda: Affluent inner metro suburb with $1,516,500 median house price (2)
+ St Kilda: World renowned beachside location only 5km from Melbourne CBD with 1.38 million visitors annually (3)
+ City of Port Phillip: A significant metro Melbourne LGA with over 21,500 local businesses supporting 93,300 local jobs and producing $15.2 billion in GRP. (4)
+ Net Income: $107,026 pa* + GST

For Sale via Private Treaty

Please contact the exclusively appointed team for more information.

*Approx 1. Premier of Victoria 2. realestate.com.au 3. stkilda.com.au 4. .id

151-153 Percy Street, Portland VIC 3305

Burgess Rawson from CBRE is pleased to offer to market Repco and Dulux, Portland VIC for sale via Portfolio Auction 181.

This investment has the following key highlights:

+ Long standing tenure with Repco on-site since the 1980’s and Dulux since circa 2015.
+ Recently renewed three (3) year lease to Repco through to 2029 plus further options.
+ Repco: wholly owned subsidiary of Genuine Parts Co (NYSE) 10,545 locations globally. (1)
+ Two (2) year lease to Dulux through to 2026 plus further options.
+ Dulux Group: Australia’s largest paint company, wholly owned Tokyo SE listed Nippon Paints. (2)
+ Investor preferred net lease terms with both tenants responsible for all usual outgoings as per the leases.
+ Well-kept 447sqm* total retail showroom comprising two (2) tenancies with important rear loading area.
+ Building originally constructed and purpose-built for Repco in the 1980’s.
+ High profile 1,959sqm* freehold landholding, over two titles.
+ Low 23%* site coverage, offering future value add/development upside (STCA).
+ Prime Percy Street location, Portland’s premier retail strip and thoroughfare.
+ Within 500m* of McDonald’s, KFC, Mitre 10, Reece Plumbing, Vinnies, Pets Domain, Tyrepower, Burson Autoparts and more.
+ Port of Portland is Victoria’s only natural deep-water port, supporting 45% of VIC’s dry bulk cargo. (3)
+ Portland: administrative hub of Glenelg Shire with annual GRP of $1.16B*, up a significant 5% since 2021. (4)
+ Potential 50% stamp duty saving.
+ Net Income: $43,513pa* + GST.

To be sold by Investment Portfolio Auction
10:30am (AEDT) Wednesday 10 December 2025
River Room – Crown Casino, Melbourne

*Approx
1. GPC Asia Pacific
2. Nippon Paints
3. Port of Portland
4 .id & Glenelg.vic.gov.au

35 Adakite Drive, Berwick VIC 3806

CBRE is delighted to offer to market the Anytime Fitness located at 35 Adakite Drive, Berwick VIC for sale. The property has the following key investment highlights:
+ Brand New Ten (10) Year lease to August 2035 plus an additional option to 2040.
+ Anytime Fitness: est. 2002, world’s largest fitness franchise with over 5,500 locations globally which includes 590+ clubs in Australia with 730,000 members.(1)
+ Fixed, compounding annual 4% rent increases ensuring rental growth.
+ Investor preferred net lease terms with Anytime Fitness responsible for usual outgoings including rates & insurance premiums.
+ Immaculate 678sqm* freestanding building with capital intensive fit-out in line with Anytime Fitnesss latest corporate design & layout requirements.
+ Prominent 940sqm UGZ landholding with important access to 13 car spaces.
+ Brand new construction offering modern infrastructure and maximum tax depreciation benefits.
+ Supported by IGA, Direct Chemist, childcare centre, dental clinic, medical centre and complementary retail tenancies.
+ Strategically positioned within the Alira Village Town Centre, neighbouring the rapidly growing Alira Berwick and Northern Wetlands residential estates.
+ City of Casey, Melbournes major south-east growth LGA, with population forecast to increase 48% to 614,075 by 2046. (2)
+ Net Income: $266,670 pa* + GST To be sold via Private Treaty. SHAUN VENABLES 0411 860 865 svenables@burgessrawson.com.au SAM MERCURI 0413 830 709 sam.mercuri@cbre.com RAOUL HOLDERHEAD 0413 860 304 raoul.holderhead@cbre.com.
*Approx 1 Anytime Fitness 2 .id

34 William Street, Devonport TAS 7310

Burgess Rawson from CBRE are pleased to offer to the market the 24-hour self-serve Caltex Service Centre in Devonport TAS for sale via our Investment Portfolio Auction 181.

This opportunity has the following key investment highlights:

+ Ultra-rare 24-hour self-serve service station secured by a brand-new triple net lease—the most landlord-friendly structure available.
+ Brand new Ten (10) year triple net lease to 2035 plus Two (2) further Five (5) year options through to 2045.
+ Landlord-favourable, triple net lease terms with tenant responsible for all outgoings including rates, building insurance, public liability insurances and single holding land tax.
+ Tenant also responsible for all structural maintenance, repairs, and replacement.
+ IMPORTANT: Tenant owns, maintains, repairs and replaces all fuel tanks*, equipment plus site remediation back to zoning.
+ Annual CPI rent reviews.
+ Roo Petroleum: Established operator with a growing national footprint — 8 sites across Tasmania, Victoria, and New South Wales, plus 3 new sites in development within 24 months.
+ The tenant, at their own expense, intends to construct a truck filling point, EV charging station, and car wash, thereby enhancing both the value of the investment and the land.
+ Recently completed (2025) $1.3 million upgrade, featuring full site remediation, installation of state‑of‑the‑art fibreglass tanks and lines, brand‑new fuel pumps, and Tas Petroleum’s advanced 24/7 payment technology.
+ The site is complemented by a renewed 5‑year net lease to 2030, with one further 5‑year option to 2035, secured to a long‑standing laundromat tenancy that has operated on‑site for over 17 years.
+ Strategic “Local Business’ zoning — a scarce and valuable designation that unlocks outstanding opportunities for future development (STCA).
+ Immaculate 1,827 sqm* freehold landholding with 36 metres* of frontage and exposure to William Street, the prominent arterial road providing direct connectivity between Devonport CBD and the Bass Highway.
+ Blue-chip position with strong residential support, complemented by adjoining established medical and retail services.
+ Less than 400 metres from IGA, Belle Esca, and TasTAFE — Tasmania’s largest provider of vocational education and training.
+ Devonport: a diversified economy based on the traditional sectors of Retail Trade, Health Care and Social Services, Manufacturing and Freight. With LIVING CITY, Devonport is emerging as the service, retail, tourism and cultural capital of North West Tasmania.
+ Tasmania’s economy has experienced solid growth in recent years, with an incredible Gross Regional Product of $40.46 billion. (1)
+ Net income: $199,463 pa* + GST.

To be sold by Investment Portfolio Auction
10:30am (AEDT) Wednesday 10 December 2025
River Room – Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.

Rick Jacobson
0413 830 083
Rick.Jacobson@cbre.com

Sam Mercuri
0413 830 709
Sam.Mercuri@cbre.com

George Wilkinson
0439 173 049
George.Wilkinson1@cbre.com

* Approx
1. Economy.id

18-20 Bridge Street West, Benalla VIC 3672

CBRE is pleased to present to the market 7-Eleven & Smokin Joes Benalla (Hume Region) VIC, located at 18-20 Bridge Street West (Midland Highway), for sale via Private Treaty. The opportunity has the following investment highlights:
+ Anchored by a brand new twelve (12) year lease to 7-Eleven to 2037 plus four (4) further five (5) year options extending to 2057
+ Complimentary convenience retail and fast food tenancy mix
+ 7-Eleven: Aus #1 convenience retailer with 760+ stores, recently purchased for $1.71B* by 7-Eleven International LLC, 46,000 sites
+ Smokin Joe’s: established fast food brand with a network of 63 locations across Victoria
+ Chargestop: international EV charging company headquartered in Canada, with expanding operations across Australia and Mexico
+ Attractive mix of fixed 3% and 4% annual rental increases, ensuring compounding income growth
+ Large 1,839sqm* corner freehold providing significant exposure through its dual street frontage
+ Brand new 2025 construction, offering significant depreciation benefits
+ Potential 50% stamp duty savings
+ Benalla: important suburb located in the Hume Region of Victoria, with population forecast to boom 40% over the next 20 years¹
+ Net Income: $424,945 pa* + GST For sale via Private Treaty Please contact the exclusively appointed sales team for more information.
*Approx 1 Regional Development Victoria

93 Graham Street, Ayr QLD 4807

Burgess Rawson from CBRE is pleased to offer to market Pets Domain at 93 Graham Street, Ayr QLD to be sold via Investment Portfolio Auction 181.

The opportunity has the following investment highlights:

+ Brand new ten (10) year net lease to 2035 plus four (4) further five (5) year options to 2055
+ Pets Domain: a wholly owned subsidiary of Pet Solutions International with product lines including Natures Best and operating 80* stores across Australia
+ Pet Solutions International: full-service sales group with retails stores and ‘in house’ product lines helping brands navigate the pet industry for over 19 years
+ Investor preferred net lease terms with Pets Domain responsible for all usual outgoings as per the lease (excluding land tax)
+ Favourable CPI annual reviews
+ Well-presented and maintained freestanding 470sqm* building with ample on-title parking and important access to rear loading dock
+ Recent major tenant funded capital refurbishments completed in September 2025
+ Impressive capital-intensive fit-out including large open plan retail space, aquarium, frozen pet food section & DIY dog wash
+ High profile 1,013sqm* freehold site with 21m* of direct frontage the Graham Street in the heart of Ayr’s key commercial precinct, surrounded by complementary national retailers Coles, Woolworths, Kmart, Harvey Norman & Commonwealth Bank
+ High-yielding, single tenant, minimum management investment to a national retailer
+ Ayr: key agricultural hub in the Burdekin Region situated 65km* from the Townsville CBD with a GRP of $1.64B* and 17,204* residents
+ Net Income: $122,500 pa* + GST

For Sale via Investment Portfolio Auction 181
10:30am AEST Thursday, 11 December 2025
Elevate Room, The Westin, Brisbane

Please contact the exclusively appointed team for more information.

*Approx.

12 Village Drive, Idalia QLD 4811

CBRE in conjunction with CBRE are pleased to present The Precinct, Townsville for sale via Expressions of Interest. The opportunity has the following investment highlights:
+ Underpinned by a 5 year WALE (by income)
+ 2,773sqm* convenience centre anchored by a Boutique Fresh Food Market, Ottos Market Precinct, and complemented by a diverse tenancy mix of 13 specialties
+ All specialties secured by fixed annual rent reviews
+ 9,176sqm* high profile site, set back on the eastern side of Stuart Drive, a major arterial through the catchment carrying 8.6 million* cars annually and connects to the Bruce Highway
– Main trade area retail expenditure is projected to increase 3.7% pa to $1.7 billion by 2046^
– Located 5km* south of the Townsville CBD in an established retail hub supported by national retailers including Red Rooster, McDonalds, NightOwl, Noodle Box and Subway
– Fully Leased Net Income $1,190,000 pa* + GST (as at 1 November 2025) For Sale via Expressions of Interest Closing 4pm AEST Wednesday 3 December 2025 Please contact the exclusively appointed sales team for more information..
*Approx. ^LIQ Report, 2025

3-11 Illuka Street, Currajong QLD 4812

CBRE in conjunction with CBRE and First Asset Management are pleased to present Otto’s Market Warrina for sale via Expressions of Interest. The opportunity has the following investment highlights:
+ 100% secured by a single, head lease until 2031
+ 2,328 sqm* fresh food and retail precinct featuring a carefully crafted mix of local businesses and Townsvilles only ice skate rink
+ 5,340sqm* site with triple street frontage and 52 car parks on title
+ Fixed 2% annual rent increases
+ All outgoings recoverable by the tenant (excluding management fees)
+ Located 5km* south-west of the Townsville CBD, Warrina sits within the Currajong area, an established residential and commercial hub, positioned moments from multiple national retailers
+ Net Income $629,000pa + GST (as at 1 November 2025) For Sale via Expressions of Interest Closing 12pm AEST Tuesday 9 December 2025.
*Approx.

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