Industrial workshop in light industrial multi use precinct accessed from busy Eleventh Street Mildura. Featuring six roller doors facing a shared driveway, sliding rear access door, office and amenities, air conditioning to part of building. Previously used for auto detailing (exhaust hood in previously used spray booth) and currently storage. Access to a wash bay with dedicated water tanks. Three phase power, electric hot water service. Site approx. 500 sqm.
Archives: Properties
9/121s Grices, Clyde North VIC 3978
CBRE is pleased to offer to the market, Snap Fitness, Clyde North VIC for sale via our Auction Investment Portfolio 156.
The property has the following investment highlights:
+ New 10-year net lease to September 2032 plus options to 2042.
+ Snap Fitness: international health and fitness chain with 210 clubs across Australia servicing 230,000 plus members.
+ Landlord favourable lease terms with tenant paying all usual outgoings as per the lease agreement.
+ Single tenant minimum management investment.
+ Annual fixed 3% rental increases ensuring rental growth.
+ Pristine 402sqm* premises with the latest Snap Fitness tenant fit out.
+ Prominent and direct frontage to an 89-space public car park.
+ Expanding residential precinct amongst retailers including liquor, childcare, Foodworks and fast-food operators.
+ Clyde North: Melbourne’s major southern growth corridor with the population forecast to increase 130.21% by 2041.**
+ Net Income: $120,900 pa* plus GST
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 26th October 2022
Crown Casino, Melbourne
*Approx.
**Forecast.id
10/121S Grices Road, Clyde North VIC 3978
CBRE is pleased to offer to the market, Splash Swim School, Clyde North VIC for sale via our Auction Investment Portfolio 156.
The property has the following investment highlights:
+ New 15-year net lease to August 2037 plus options to 2052.
+ Splash’s: leading swim school provider with 30+ years’ experience in the aquatic industry and operating in multiple location across Melbourne.
+ Landlord favourable net lease terms with the tenant paying all usual outgoings as per the lease agreement.
+ Single tenant minimum management investment.
+ Annual fixed 3% rental increases ensuring future growth.
+ Immaculately presented 471sqm* facility with the latest corporate tenant fit out.
+ Prominent and direct frontage to an 89-space public car park.
+ Surrounded by important social infrastructure including 9 schools with over 7,500 full-time students.**
+ Expanding residential precinct amongst retailers including liquor, childcare, Foodworks and fast-food operators.
+ Clyde North: Melbourne’s major southern growth corridor with the population forecast to increase 130.21% by 2041.***
+ Net Income: $200,175 pa* plus GST
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 26th October 2022
Crown Casino, Melbourne
*Approx.
**Gap Maps
***Forecast.id
14 Corporation Avenue, Robin Hill NSW 2795
CBRE is pleased to offer to the market, 14 Corporation Avenue, Robin Hill (Bathurst) for sale via our Auction Investment Portfolio 156.
The property has the following investment highlights:
+ F45 Gym: renewed lease to 2026 plus option
+ There are over 2,800 F45 franchises in 63 countries worldwide
+ Redflex: (ASX:RDF) lease to 2024 plus options
+ An ASX, publicly listed company, Redflex are an innovative ITS technology company that designs and creates solutions to improve road safety, efficiency and mobility
+ Prime industrial freehold investment with global brand tenants
+ Tenants pay all usual outgoings, as per leases
+ Both leases feature compounding 3% annual rent increases
+ Commanding 2,755sqm* freehold landholding
+ Two impressive industrial buildings
+ Bathurst: booming population forecast to soar by over 27% to 58,622 by 2041
+ Net Income: $95,262 pa + GST (as at 1 December 2022)
To be sold by Investment Portfolio Auction
10:30am (AEDT) Tuesday 25 October 2022
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed CBRE team for more information.
30 Bowra Street, Nambucca Heads NSW 2448
CBRE is pleased to offer to the market, CBA Nambucca Heads for sale via our Auction Investment Portfolio 156.
The property has the following investment highlights:
+ Renewed 2 year lease to September 2024 plus options to 2028
+ Long established Commonwealth Bank of Australia (CBA) branch
+ Attractive net lease, tenant pays usual outgoings including property management
+ Fixed 3% annual rent increases
+ Substantial 509sqm* dual street frontage site
+ 8 valuable on-site car spaces
+ Easily managed single tenant investment
+ Heart of town at major pedestrian crossing
+ Thriving growth location between Coffs Harbour and Port Macquarie
+ Net Income: $71,043 pa* + GST
To be sold by Investment Portfolio Auction
10:30am (AEDT) Tuesday 25 October 2022
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed CBRE team for more information.
66-70 Wells Street, Frankston VIC 3199
CBRE in conjunction with Vinci Carbone are pleased to offer to the market 66-70 Wells Street & 6-8 Keys Street, Frankston VIC for sale via Investment Portfolio Auction 156.
The property has the following investment highlights:
+Prized 805sqm* building in the heart of Frankston’s booming commercial centre.
+Highly-sought-after 765sqm* C1Z land with endless upside potential adjoining 6-level building precedent (STCA)
+Secure 7, 5, 3 year leases to leading national tenants
+100% leased investment including Gami Chicken and Beer (40 locations) and Bank of Queensland, a top 100 ASX company with a market cap of $4.52bn.**
+Investor preferred net lease terms with tenants paying all usual outgoings.
+Favourable rent reviews throughout the complex – ensuring rental growth.
+Strategically situated within the heart of Frankston’s CBD amongst national tenants including Australia Post, Chemist Warehouse, 7-Eleven, Grill’d, Betty’s Burgers and Nando’s.
+Ideally located opposite to Bayside Shopping Centre, a dual-anchored complex with 250 specialty stores which attract 10.2 million customer visits annually.***
+Frankston: major commercial, retail, education and transport hub servicing Southern suburbs and the Mornington Peninsula.
+Estimated Net Income: $215,218 pa* plus GST.
To be sold by Investment Portfolio Auction:
10:30am AEDT Wednesday 26 October 2022
Crown Casino, Melbourne VIC
*approx.
**D&B
***Vicinity
For further information, please contact the exclusive agents below:
CBRE Melbourne
Shaun Venables 0411 860 865
Beau Coulter 0413 839 898
Matthew Wright 0450 290 588
Zomart He 0488 220 830
Vinci Carbone
Frank Vinci 0418 375 375
Zach Molinaro 0488 300 575
10R, Level 2/7 Riverside Quay, Southbank VIC 3006
CBRE is pleased to offer to the market 10R, Level 2/7 Riverside Quay Southbank VIC for sale via Investment Portfolio Auction 156.
The property has the following investment highlights:
+A unique entry level opportunity to invest in one of Australia’s most well-known 297m skyscrapers.
+Gainsville Furniture: premium furniture retailer with multiple locations across Melbourne.
+Renewed 3-year lease to longstanding tenant Gainsville in occupation 15+ years.
+Versatile 80sqm* retail/office space integrated into Gainsville’s signature showroom, would suit variety of uses including showroom or stand-alone office.
+Landlord-favourable, set-and-forget lease structure with tenant paying all usual outgoings.
+Strategic positioning located just 450m* from Crown Casino, attracting over 22 million visitors annually.**
+Situated less than 1km* from the Melbourne CBD.
+A short walking distance to Southbank Boulevard, a prized Melbourne destination for restaurants and bars overlooking the Yarra River.
+Quick access to City Road, an important Melbourne commuter road linking the inner eastern suburbs to the West Gate Freeway servicing 35,000 vehicles daily.***
+Southbank: affluent suburb with a median house price growth of 19.67% since April 2021.****
+Net Income: $24,000 pa* + GST ($300 per square metre)
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 26 October 2022
River Room – Crown Casino, Melbourne
*Approx.
**Crown Casino
***Gap Maps
****Realestate.com.au
3 Zoe Drive, Wollert VIC 3750
CBRE is pleased to offer to the market the 9Round Boxing Gym at 3 Zoe Drive, Wollert VIC for sale via Investment Portfolio Auction 156.
The property has the following investment highlights:
+ Brand new 7 year lease to 2029 plus options to 2035.
+ 9 Rounds Boxing: fast growing fitness franchise in the world with 20 locations in Australia.
+ Landlord preferred, net lease terms with tenant paying all outgoings.
+ Annual fixed compounding 3% rent increases, assuring rental growth.
+ Immaculate premises with high quality tenant fitout.
+ 75 on-site sealed and lined communal customer car spaces plus street parking at the shop front.
+ Recent construction, offering significant tax depreciation benefits.
+ Last available shop remaining in the 100% fully occupied commercial hub in one of Melbourne’s fastest growing suburbs.
+ Positioned in key commercial complex with complimentary tenancy mix including Shell/Viva, Cellarbrations, fast food, medical and convenience retail.
+ Surrounded by important social infrastructure including 6 schools servicing a combined 4,630 full-time students.**
+ Wollert (Epping North): Centred within Melbourne’s northern growth corridor with an estimated 52% population growth by 2041.***
+ Net Income: $52,800 pa* + GST
To be sold by Investment Portfolio Auction:
10:30am AEST Wednesday 26 October 2022
Crown Casino, Melbourne VIC
*approx.
**Gapmaps
***Forecast.id
3&4/341 Harvest Home Road, Epping VIC 3076
CBRE is pleased to offer to the market the Brewer Sisters Cafe at 3&4/341 Harvest Home Road, Epping VIC for sale via Investment Portfolio Auction 156
The property has the following investment highlights:
+ New 10 year lease to 2032, plus a further option to 2037.
+ Landlord preferred, net lease terms with tenants paying all outgoings.
+ Annual fixed compounding 4% rent increases – ensuring rental growth.
+ Immaculate recently completed quality tenant fit-out.
+ Strategically positioned opposite Aurora Village Shopping Centre anchored by Coles and Aldi Supermarkets.
+ Amongst destinational tenants including Kumon Education, Hungry Jacks and Augustus Gelatery.
+ 100m from Epping North proposed Aurora train station and future Epping North Town Centre.
+ Brand new build providing significant tax saving depreciation benefits.
+ Surrounded by important social infrastructure including 8 schools and tertiary education facilities servicing 5,000+ full-time students.**
+ Epping: booming Melbourne growth suburb, 48% forecast population growth by 2041.***
+ Net Income $51,750 pa* plus GST
To be sold by Investment Portfolio Auction:
10:30am AEDT Wednesday 26 October 2022
Crown Casino, Melbourne VIC
*approx.
**Gapmaps
***Forecast.id
1874 Pinjarra Road, Pinjarra WA 6208
CBRE is pleased to offer to the market the Alcoa Bindjareb Office Building for sale via Private Treaty.
The property has the following investment highlights:
+Secure 20 year lease plus two further 10 year options to 2048.
+Alcoa Australia: world’s largest mining operations producing 50% of alumina in Australia, boasting a market cap of $7.09 billion.**
+Secure mining lease in the Pinjarra region to 2045.
+Investor-preferred net lease structure with Alcoa paying all usual outgoings including land tax and management fee.
+Ratchet provision throughout the lease reviews
+Impressive 4,973sqm site supporting two of the world’s largest mines and refineries.
+Significant 138 metres* of combined triple frontage with exposure to 13,400+ vehicles passing daily.***
+Ideally positioned to capture growing market size of Aluminium, which is forecast to surge 48% to $242 billion by 2027.****
+Murray Shire Council: surging municipality forecast to swell 280% by 2051.*****
+ 5.5 Star NABERS Energy Rating (rating no. N65581)
+Net Income: $777,669 pa* plus GST
To be Sold by Private Treaty.
*approx.
**Alcoa Corp
***Gapmaps
****Fortune Business Insights
*****Forecast.id
For further information, please contact the exclusive agents below:
CBRE Melbourne
Zomart He 0488 220 830
Raoul Holderhead 0413 860 304
Justin Kramersh 0460 349 605
CBRE Perth
Christopher Carcione 0415 393 082
Andrew McKerracher 0411 611 919