Properties Archive

267-271 King Street, Melbourne VIC 3000

CBRE are delighted to offer to the market 267-271 King Street, Melbourne CBD VIC for sale via Immediate Private Sale.

+ A prominent freestanding retail investment in one of Melbourne’s most densely populated and rapidly evolving central business districts, offering a perfect blend of secure “holding income’ and future development upside.
+ Fully leased to three established tenants (Restaurant, Tattoo Studio, and Office), delivering diversified income streams.
+ Fixed annual rental increases of 3.5% and 4.0%, ensuring consistent compounding growth.
+ Prime 212.5 sqm* freehold site featuring a 344 sqm* two-level building with an impressive 11.4m frontage* to King Street and valuable rear access via Altson Lane.
+ Positioned along a bustling 24/7 corridor with 43,000 vehicles passing daily*, benefiting from Melbourne’s premier hospitality, nightlife, and entertainment activity.
+ The most favourable zoning available (Capital City Zone), providing maximum flexibility for a variety of uses and significant long-term redevelopment potential (STCA).
+ Situated in the CBD’s most densely populated pocket, surrounded by high-rise residential towers and premium office buildings, with the local population forecast to double by 2043.
+ Steps from Melbourne’s core infrastructure, including Southern Cross Station (400m – 78 million annual patrons) *, Flagstaff Gardens (350m*), and Queen Victoria Market (500m* – 10 million annual visitors), ensuring permanent tenant demand and foot traffic.
+ Combined Net Rent: $226,335 pa + GST (As at May 2026)

To be sold by Immediate Private Sale

Please contact the exclusively appointed sales team for more information.

65 Princes Highway, Milton NSW 2538

CBRE is pleased to present 65 Princes Highway, Milton (South Coast) NSW (89.1% UE), to the market via Investment Portfolio Auction to occur on Tuesday the 24th of February at the Sydney Opera House.

The property has the following key highlights:

+ High performing retail centre leased to Wholefoods Market, Milton Osteopathic Clinic, General Practitioner, South Coast Lymphatic Clinic & Baar Baar restaurant and bar
+ 10 x commercial shops to be sold in-one-line with effective control across the centre (89.1% unit entitlements)
+ Immaculate newly renovated healthcare & retail centre with exclusive on-site parking, signage, and tenant storage
+ Ideal corner position on Princes Highway, Milton’s main affluent trade catchment with high visibility and traffic exposure
+ Extensive capital improvements providing substantial depreciation benefits
+ Future proof investment with the ability to ‘sell-down’ individual Lots
+ Thriving commercial precinct near The Milton Hotel, TerryWhite Chemmart, Australia Post, IGA & the Milton Hospital
+ Milton: sought-after NSW South Coast suburb, minutes to Mollymook & Ulladulla
+ Net Income: $156,647 pa* + GST

To be sold via Investment Portfolio Auction 10:30am (AEDT) Tuesday 24 February 2026, Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx

46-48 Macpherson Street, Bronte NSW 2024

CBRE is pleased to present 46-48 Macpherson Street, Bronte NSW, to the to the market to the market for sale via Expressions of Interest.

The property has the following key highlights:

+ Tightly held trophy Bronte freehold in one of Sydney’s most prestigious coastal suburbs – first time offered to the market in 48+ years
+ Lucas Quality Meats: highly established family-owned butcher with 48+ years on-site and strong local customer loyalty
+ Prime 398sqm* corner freehold in the heart of Bronte’s, only minutes’ walk to world-renowned Bronte Beach, Tamarama & Bondi
+ Will suit investors, owner occupiers, and developers, with strong value-add potential
+ Rarely brought to market Bronte freehold on coveted corner position of Macpherson Street and Lugar Street, delivering dual street frontage and unmatched exposure
+ Versatile two-level 298sqm* commercial and residential building with courtyard potential and 4 rare on-site parking spaces
+ Exceptional future growth potential with strong underlying land value and value-add opportunities (STCA), zoned E1 Local Centre
+ Positioned in core Macpherson Street village with abundant foot traffic from beachgoers, locals, and affluent Eastern Suburbs resident’s adjacent pedestrian crosswalk
+ Bronte: trophy Sydney Eastern Suburbs location with a median house price of over $5.9 million*
+ Eastern Suburbs: home to 3 of Australia’s top 5 highest-earning postcodes with an economic output of $15b* + pa.
+ Net Income: $229,600 pa + GST*

For Sale by Express of Interest (EOI)

Please contact the exclusively appointed sales team for more information.

*Approx

4/2 James Street, Toronto NSW 2283

CBRE and Movable are pleased to present Pizza Hut Toronto, located at 4/2 James Street, Toronto (Lake Macquarie) NSW, to the market via Investment Portfolio Auction to occur on Tuesday the 24th of February at the Sydney Opera House.

The property has the following key highlights:

+ Brand new 10 year lease to November 2035 plus 10 year option to 2045
+ Pizza Hut: globally recognised fast food powerhouse brand with over 19,000 restaurants in 100 countries
+ Fixed 4% annual rent increases ensuring compounding rental growth
+ Newly renovated to Pizza Hut’s latest corporate design specifications & fit-out
+ Substantial recent capital improvements providing significant depreciation benefits
+ Easy to manage single tenant investment with low outgoings and 6 exclusive parking spaces
+ Prime fast food position next to KFC, near Coles anchored Toronto Shopping Centre, ALDI, Woolworths, Repco & Toronto Private Hospital
+ Toronto: thriving commercial hub of the Lake Macquarie region, greater population of 221,000, 19km* to Newcastle CBD
+ Net Income: $78,839 pa* + GST

To be sold via Investment Portfolio Auction 10:30am (AEDT) Tuesday 24 February 2026, Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx

42 Canterbury Road, Warrnambool VIC 3280

CBRE, together with Ludeman Real Estate, are pleased to offer to market this ‘once in a generation’ corner site located at 42 Canterbury Road, Warrnambool VIC for sale via Expressions of Interest as part of National Portfolio 182.

The property has the following key highlights:

+ Huge, 14,634 sqm* corner site with 360m* combined frontage.
+ Irreplaceable position with direct views to the Warrnambool Botanic Gardens.
+ General Residential Zone 1 allowing significant development and repurposing opportunity for a mix of residential, aged care, childcare, leisure/education/sport facility, place of assembly/place of worship STCA.
+ The LGA features 20.4% of the population aged 65+ and 17.4% below 15 years old implying strong requirements for family services, medical and aged care.
+ Existing building improvements of 4,500sqm* include various classrooms, halls, church and offices suitable for repurposing or demolition**
+ Conveniently positioned 600m* from Warrnambool CBD which includes major national retailers Coles, Woolworths, ALDI, McDonalds, KFC, Chemist Warehouse, NAB, ANZ, CBA plus many more.
+ Warrnambool has a growing population of 36,150* and an annual economic output of $5.9* billion with huge median house price growth up 45% since 2021. (2) (3)
+ Warrnambool: Victoria’s largest coastal city with growing trade population over 100,000 plus ‘year round’ tourist surges to Great Ocean Road hotspots attracting over 2 million visitors annually. (1)

To be sold via Expressions of Interest
Closing 3pm AEDT Wednesday 4 March 2026

Please contact the exclusively appointed CBRE or Ludeman Real Estate team for more information.

* Approx
** Refer to Information Memorandum
(1) Economy.id
(2) Warrnambool.vic.gov.au
(3) Realestate.com.au
(4) Remplan

2-14 Thompson Road, Patterson Lakes VIC 3197

CBRE is pleased to offer to the market the Ampol located at 2-14 Thompson Road, Patterson Lakes VIC 3197 for sale via our Investment Portfolio Auction 182.

+ Renewed Ten (10) year lease to October 2034 plus Four (4) further Five (5) year options through to October 2054
+ Leased to EG Group, one of the world’s largest fuel and convenience retailers with $24 billion annual revenue & 5,600+ locations globally, including 500+ sites in Australia**
+ Landlord-favorable, net lease terms with EG Group paying all rates, building and public liability insurances
+ Fixed 3.5% annual rent increases ensuring long term compounding income growth
+ Position perfect since 1987, being the first & only homebound fuel outlet off both the Eastlink & Mornington Peninsula Freeways
+ Major $780,000* refurbishment completed in 2025, offering modern infrastructure and significant depreciation benefits
+ Commanding 2,234sqm freehold corner site with 144 metres* of triple street frontage, easy vehicular access/egress and over 112,000 vehicles passing weekly***
+ General Residential Zoning, providing excellent long-term residential development potential (STCA)
+ Strong catchment (of 3km*) with 19,822 registered vehicles and total $40.23 million spending on fuel per annum**
+ State-of-the-art convenience retail offering, servicing the local community seven days a week, with extended trading hours from 5:00 am to 11:00 pm
+ Positioned directly opposite the Patterson Lakes Marina—Victoria’s largest Marina—this location serves as a prestigious gateway to the Port Phillip Bay and the Mornington Peninsula
+ Premier commercial hub location, within 250 metres* of Lakeview Shopping Centre (anchored by Woolworths), Coles and Liquorland
+ Surrounded by important social infrastructure, with 9 schools within 3km servicing over 4,600 students**
+ Patterson Lakes: spectacular canal community, 35km* from Melbourne CBD, median house price of $1,272,000****
+ Net income: $275,925 pa* + GST.

To be sold by Investment Portfolio Auction
10:30am (AEDT) Wednesday 25 February 2026
Crown Promenade, Level 1, 8 Whiteman Street, Melbourne

*Approx
**EG Group
***GapMaps
****Realestate.com.au

Please contact the exclusively appointed sales team for more information.

Raoul Holderhead
0413 860 304
Raoul.Holderhead@cbre.com

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

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

John Camilleri
0409 327 120
jpc@killenthomas.com.au

510-514 Raglan Parade, Warrnambool VIC 3280

CBRE is pleased to offer to market Apiam Animal Health Warrnambool VIC for sale via our Investment Portfolio Auction 182.

This opportunity has the following key investment highlights:

+ Brand new Ten (10) year net lease to Apiam Animal Health to November 2035.
+ One (1) further 5 year option to 2040.
+ Apiam Animal Health: Australia’s largest rural and regional veterinary group, boasting an impressive $160M market cap and an expansive footprint of 78 locations nationwide. (1)
+ Proven and successful veterinary business with outstanding long term trading history (established 1978).
+ Fixed 3% annual rent increases, assuring income growth.
+ Investor preferred net lease terms with Apiam responsible for all outgoings including land tax, rates & insurance premiums.
+ Immaculate 670sqm* purpose-built veterinary clinic offering a comprehensive pharmacy, modern digital radiography, ultrasound, endoscope, pathology and surgery facilities, plus a large but comfortable hospital and kennel infrastructure.
+ Prime 1,734sqm* main road freehold landholding with important 76.8m* dual frontage and exposure to 28,000+ passing vehicles daily via Raglan Parade and Banyan Street. (2)
+ Access to 25 on-title car parking spaces plus additional parking via Banyan Street.
+ High-demand veterinary catchment with 5,900+ registered pets in Warrnambool City plus a strong surrounding cattle and farm animal market. (3)
+ High profile Warrnambool CBD location with Coles, Woolworths, ALDI, Target, McDonald’s, KFC, Reece Plumbing and Repco all within 715m.*
+ Warrnambool City: home to 36,150 people, Warrnambool LGA supports 18,518 jobs and has an annual economic output of $6.013 billion. (4)
+ Potential 50% stamp duty savings.
+ Net Income: $186,000 pa* + GST.

To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 25 February 2025
Crown Promenade, Level 1, 8 Whiteman Street, Melbourne

Please contact the exclusively appointed sales team for more information.

1 Apiam Animal Health
2 GapMaps
3 Warrnambool City Council
4 REMPlan

45 Dodson Road, Officer VIC 3809

CBRE is pleased to offer to the market Expeditions Early Learning Journey, located at 45 Dodson Road, Officer VIC, for sale via Private Sale.
A rare opportunity to invest in a premium, architecturally designed early learning centre in one of the country’s highest growth municipalities. The subject property features some of the highest quality finishes and design elements in the market. Exceptional building quality is coupled with a long-term lease to a reputable national provider with 7 locations across QLD and VIC, making this an opportunity not to be missed.

This opportunity has the following key investment highlights:

+ Ten 10-year net lease to Expeditions Early Learning Journey to 2034.
+ Four (4) additional five (5) year options to 2054.
+ Expeditions Early Learning Journey: a national operator with an established and growing network across Victoria and Queensland.
+ Fixed 3% annual rent increases, ensuring consistent rental growth, with market reviews at the commencement of each option term.
+ Tenant pays all usual outgoings.
+ Purpose-built childcare facility, licensed for 132 long day care places, complemented by 30 on-site car spaces.
+ As new construction (completed in 2024), offering significant depreciation benefits.
+Land rich holding of 2,930sqm* strategically positioned within a strong educational precinct, located only 650 metres from Kumile Primary School and within 2km of five additional schools serving 1,500+ enrolments*.^
+ Strategically located within a well-established and rapidly expanding residential corridor, the centre is surrounded by approximately eight estates comprising 574 homes. Officer itself features 54 land estates, while the neighbouring suburb of Beaconsfield adds a further 11 estates, collectively driving strong and sustained demand for childcare services
+ Positioned within close proximity to major retail hubs, including Arena Shopping Centre, Eden Rise Village and Westfield Fountain Gate, anchored by national retailers such as ALDI, Coles, Chemist Warehouse, McDonald’s and Woolworths.
+ Ideally positioned between Princes Freeway & Highway, two major thoroughfares linking Melbourne’s southeastern suburbs and carrying over 35,000 vehicles daily.^
+ Officer is ranked among one of Australia’s fastest-growing suburbs, with a population forecast to increase by 61% within the next decade.^^
+ Cardinia Shire: Positioned as a gateway to Gippsland and the Morning Peninsula, it has one of the highest population growth rates in Victoria, expected to increase 35.28% by 2041.^^
+ Childcare/Early Education remains an essential service asset class, supported by over $16 billion in Federal and State Government funding for FY25, including $3.6 billion for wages and $1 billion to expand access in underserved areas.
+ Net Income: $493,025 pa* + GST

For Sale via Private Sale

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmaps
^^ Forecast.Id

Archives: Properties

267-271 King Street, Melbourne VIC 3000

65 Princes Highway, Milton NSW 2538

46-48 Macpherson Street, Bronte NSW 2024

4/2 James Street, Toronto NSW 2283

42 Canterbury Road, Warrnambool VIC 3280

2-14 Thompson Road, Patterson Lakes VIC 3197

510-514 Raglan Parade, Warrnambool VIC 3280

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