Key Investment Highlights
+ 5 year net lease to 2026, plus a further 5 year option to 2031
+ Totally Workwear: Australia’s largest network of service providers in workwear, uniforms, and safety gears with 88 stores nationwide and operating for 27+ years
+ Landlord-favourable net lease terms with tenant responsible for all outgoings excluding land tax
+ Annual rent increases, ensuring future rental growth
+ Immaculate and spacious 280sqm* retail shop to the latest Totally Workwear corporate tenant fit-out
+ Retail shop frontage and exposure 31+ metres
+ Prime position across the road from BP Service Station, McDonald’s and neighbouring Goodstart childcare and global fast-food pizza giant, Domino’s
+ Strategic location with enormous exposure to Frankston-Flinders Rd servicing 42,000+ vehicles daily
+ Investment includes additional income from the Telstra Mobile Tower on a 5 year lease plus options
+ Important 20 common car spaces on title
+ Significantly underlet at $225 p/sqm – market review in 2026
+ Across the road from the Tower Hill Shopping precinct, currently undergoing a full re-development and expected to be completed Aug 2023
+ Approved plans / permits (2018) for a 3 lot subdivision, now lapsed for purchaser’s further dealings (STCA)
+ Frankston South: A major commercial, retail, education and transport hub servicing Southern suburbs and the Mornington Peninsula
+ Estimated Net Income: $73,740 pa + GST
To be sold by Burgess Rawson’s Investment Portfolio Auction
10:30am Wednesday 29 March 2023
Crown Casino Melbourne
Burgess Rawson is pleased to offer to the market Hugs N Mugs Cafe, St Kilda VIC for sale via our Auction Investment Portfolio 159
The property has the following investment highlights:
+ New 10 year net lease to February 2033 plus options to 2043
+ Hugs N Mugs: long-standing café within one of Melbourne’s most awarded and recognized landmarks, ‘The Icon’ building
+ Attractive 3.5% rent increases, ensuring rental growth
+ Investor preferred net lease terms with tenant paying all usual outgoings
+ Single tenant minimum management investment
+ Well-presented 60sqm* shop plus 2 secure car spaces and storage area on title
+ Irreplaceable corner position on St Kilda Road with frontage and exposure to 56,000+ cars passing daily**
+ Conveniently opposite Gurner Group’s new $300M Build -to- Rent development project providing 300 residences – expected completion 2024
+ Neighbouring Wesley College, The Alfred Hospital, Albert Park and only within metres from Fitzroy Street home to Woolworths, BWS, The European Hotel, Prince Dining Room, The Fifth Province and more
+ St Kilda Road: Established commercial and residential precinct and important gateway connecting the Nepean Highway and Eastern and Bayside suburbs to the Melbourne CBD
+ Net Income: $33,000 pa*
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 29th March 2023
Crown Casino, River Rooms, Melbourne
*Approx
**GapMaps
Burgess Rawson is pleased to offer to the market Recharge 90 for sale via our Auction Investment Portfolio 159
The property has the following investment highlights:
+ Brand New 10 year net lease to February 2033 plus options to 2043
+ Recharge 90: Experienced massage therapists with multiple locations
+ Fixed 3% annual rent increases, ensuring rental growth
+ Investor preferred net lease terms with tenant paying all usual outgoings
+ Large 90sqm* corner retail premises with 1 secure car space on-title
+ Strategic location with dual frontage and exposure to Nepean Highway with 57,000 vehicles passing daily**
+ Surrounded by important public infrastructure including Mentone Railway station, Moorabbin Airport and within close proximity of national retailers Woolworths, Coles, ALDI, Officeworks, Bunnings, Supercheap Auto, Petbarn, Rebel and more
+ Complemented by 20 schools within 3 kilometres* servicing 13,373 full-time students**
+ Mentone: affluent Bayside suburb with a median house price of $1,450,000***
+ Net Income: $27,000 pa*
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 29th March 2023
Crown Casino, River Rooms, Melbourne
*Approx
**GapMaps
***Realestate.com.au
Burgess Rawson is pleased to offer to the market, RK Hair & Beauty, Clyde North VIC for sale via our Auction Investment Portfolio 159.
The property has the following investment highlights:
+ New 7 year net lease to 2030 plus two further options to 2040.
+ RK Hair & Beauty: est. 2000, established and successful hair & beauty business in brand new premises.
+ Attractive 4% fixed rental increases ensuring rental growth.
+ Landlord favourable lease terms with tenant paying all usual outgoings as per the lease.
+ Immaculate 89sqm* premises with brand new AAA fit-out
+ Prominent and direct frontage to an 89-space public car park.
+ New (October 2022) construction, providing significant tax depreciation benefits.
+ Single tenant minimum management investment.
+ Expanding residential precinct and supported by complementary users including supermarket, gym, swim school and restaurant/take away.
+ Surrounded by important social infrastructure including 9 schools servicing over 7,500 full-time students within a 3km radius***
+ Clyde North: Melbourne’s major southern growth corridor with the population forecast to increase 130.21% by 2041.**
+ Net Income: $53,400* pa + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 29th March 2023
Crown Casino, Melbourne
*Approx.
**Forecast.id
*** gap maps
Burgess Rawson is pleased to offer to market Units 1-3, 251 Ross River Road, Aitkenvale (Townsville) QLD, to be sold in one line via Offers to Purchase.
This opportunity has the following key investment highlights:
+ Ten (10) year net lease to Greencross Vets with option to 2034
+ Greencross Vets: subsidiary of publicly listed private equity firm TPG & superannuation giants AustralianSuper & HOOPP, currently operating as Australia’s largest veterinary services provider with a 18.9% compound AGR in sales revenue#
+ Supported by eight (8) year net lease to Pet HQ with option to 2032
+ Pet HQ: privately operated pet supplies store, on-site since 2004
+ Landlord favourable CPI rental reviews (last review at 7.8%)
+ Diversified income over 2,700sqm* NLA retail/showroom with 2 year rental guarantee on vacancy, ensuring income security
+ Favourable Mixed-Use zoning, offering long-term flexibility to accommodate a broad range of uses including retail, medical/allied health and commercial office tenants
+ Situated on a commanding 4,550sqm* corner site with dual street frontage, offering exposure to 25,000 passing vehicles daily^
+ Three individually titled lots allowing for flexible ownership structure
+ Optimally located between Townsville University Hospital and Mater Private Hospital, offering strategic positioning that benefits future medical uses
+ Conveniently positioned near major retailers such as BP, Caltex, Dan Murphy’s as well as Townsville’s premier shopping village, Stockland Shopping Centre, which is underpinned by major retailers Myer, Coles, Woolworths, Big W & 132 specialty tenants
+ The Townsville Region: home to one of the most diverse economies in regional Australia, generating a Gross Regional Product (GRP) of $15.892 billion*
+ Net Income: $477,705 pa* + GST
For Sale by Offers to Purchase.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
#AFR
^Townsville City Council
Burgess Rawson is pleased to offer to the market Ekera Dental located at Lot 2 Egerton Street, Emerald QLD, for sale via our Investment Portfolio Auction 159.
This opportunity has the following key investment highlights:
+ Five (5) year lease to 2027 plus four (4) further (5) year options to 2047
+ Tenant pays 100% of outgoings as per lease
+ Favourable CPI annual rent reviews
+ Ekera Dental: nationally recognised group with 45 clinics to date and plans of expansion
+ Long-standing tenant on high profile 931sqm* site
+ Prominent 336sqm* NLA with 14 on-site car parks
+ Strategically positioned in the heart of the Emerald CBD, this property benefits from surrounding national tenants and key employment drivers
+ Emerald: thriving regional centre within the Central Highlands, generating $6.45 billion gross regional product (GRP)
+ Net Income: $101,679 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 30 March 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
CBRE is pleased to offer to market a brand new retail convenience centre, located at 4 Carrington Street, West End (Townsville) QLD, via our Auction Investment Portfolio 159.
This new development consists of four brand new drive-thru freestanding retail opportunities offering the following key investment highlights:
Lot 1 – Banjo’s Bakery Café
+ 12 year net lease to 2034 plus four (4) further five (5) year options 2054
+ Banjo’s Bakery Café: highly successful drive-thru bakery café operator established in 1984, with over 40 sites nationally
+ Opened in December 2022 with modern dual lane drive-thru and 231sqm* restaurant
+ Offering outstanding depreciation benefits
+ Favourable CPI rent reviews (7.7% CPI December 2022)
+ Tenant pays all usual outgoings as per the lease
+ Net Income: $251,000 pa* + GST
Lot 2 – Hoppy’s Carwash
+ 10 year net lease to 2033 plus three (3) further five (5) year options to 2048
+ Hoppy’s Carwash: long established carwash and café operator with 10+ sites in Queensland
+ State of the art, automated carwash facility, drive-thru, designated dog wash and 8 x vacuum bays
+ The greater of fixed 2% or CPI rent reviews (7.7% CPI December 2022)
+ Tenant pays all usual outgoings as per the lease
+ Net Income: $120,000 pa* + GST
Lot 3 – Zambrero
+ 10 year lease to 2032 plus four (4) further five (5) year options to 2042
+ Zambrero: global fast food operator founded in 2005 with over 230 throughout Australia, America, New Zealand & Ireland
+ Modern 135sqm* drive-thru restaurant, opened in January 2023 offering outstanding depreciation benefits
+ Located in a prime position within the complex
+ Fixed 3% annual rent increases
+ Tenant pays all usual outgoings as per the lease
+ Net Income: $114,500 pa* + GST
Lot 4 – Miss Sushi
+ 5.5 year lease to 2028 plus two (2) further five (5) year options to 2038
+ Miss Sushi: experienced operator with two restaurants in North Queensland
+ Newly constructed 75sqm* single lane drive-thru situated on a large 390sqm* site
+ Favourable CPI rent reviews (7.7% CPI December 2022)
+ Tenant pays all usual outgoings as per the lease
+ Net Income: $80,000 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 30 March 2023
The Hilton, Brisbane
Please contact the exclusively appointed CBRE team for more information.
*Approx.
CBRE is pleased to offer to the market, 159 Rouse St (New England Hwy), Tenterfield NSW for sale via Private Treaty.
The property has the following investment highlights:
+ 7-year net lease plus options until 2040
+ Annual fixed compounding 3% rent increases, ensuring income growth
+ Important 1,566sqm* highway site in CBD opposite Henry Parkes Plaza (anchored by Coles & Service NSW)
+ Well established, thriving and profitable service station location.
+ Recent site upgrades include new fuel lines, browsers and signage
+ Tenterfield: strategic transport industry location on service freight corridor
+ Net Income: $131,161 pa* + GST
To be sold by Private Treaty.
Indicative Yield 8.5%
Please contact the exclusively appointed CBRE team for more information.
*approx.
CBRE is pleased to offer to the market, three tenancy opportunities at 37 Gill Street, Charters Towers QLD. Secure your spot in the highly sought after Town Plaza in Charters Towers. Join the likes of Woolworths, Star Liquor and Queensland Country Bank and have your business benefit from the high traffic flow and walk by customer base this centre provides. With on-site shaded parking and frontage onto Gill Street these Town Plaza tenancies will appeal to a host of uses including retail shop fronts, professional office space and allied health services. Availabilities include:
+ Gill Street shop fronts of 109sqm* and 245sqm*
+ Arcade shopfront of 51sqm* Please contact the exclusively appointed CBRE team for an inspection and incentive package to accommodate your requirements..
*Approx.
