Archives: Properties

CBRE is delighted to offer to the market, 261 Haly Street, Kingaroy QLD for sale via Offers to Purchase.

This opportunity has the following key investment highlights:

+ New 15 year net lease to Kingaroy Child Care Centre to 2038
+ Two further 10 year options to 2058
+ Kingaroy Child Care Centre: a highly successful, family-owned boutique childcare provider with over 30 years of industry experience, with a growing network of 21 centres, each location is designed with a community-minded focus, catering specifically to the needs of the local community
+ Attractive fixed 3% annual rent increases
+ Tenant pays all outgoings including single holding land tax
+ Well-established, successful centre in operation since 2010, licensed for 74 LDC places with the tenant increasing the LDC to 91 places (Subject to approval)
+ High-performing centre with 100% occupancy
+ The property is currently pending $500,000 in tenant-funded playscape upgrades
+ Expansive 4,047sqm* site located within a prominent educational precinct, featuring five schools in close proximity
+ Located within 750m* of Kingaroy’s key retail precinct, underpinned by a variety of national retailers and essential services, including McDonald’s, Hungry Jack’s, Supercheap Auto and the Coles anchored Kingaroy Shopping Centre​
+ Kingaroy: known as the “Peanut Capital’ of Australia, is home to the largest peanut processing plant in the country and serves as the commercial heart of the South Burnett region, with a retail catchment of over 45,000 people**
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families***
+ The 2024-25 Federal Budget has paved the way for positive change and reform in the childcare sector. In addition to this increase in award wages for childcare educators, $650 million will be allocated to workforce qualification and training in the childcare sector over the next four years to further enhance the quality of education and support the future of Australian children***
+ Net Income: $341,250 pa* + GST

For Sale via Offers to Purchase.

Please contact the exclusively appointed team for more information.

*Approx
**South Burnett Tourism
*** Australian Government Department of Education

CBRE is pleased to offer to the market Retravision & Ape Escape located at 6 The Gateway, Joondalup (Edgewater) WA 6027 for sale via Investment Portfolio Auction 173.

The property has the following investment highlights:

+ 7-year leases, with 5.1 years WALE, plus further 5-year options
+ Retravision: A leading electrical retailer with over 60 years of experience, operating 22 stores nationwide
+ Ape Escape: widely known children’s gymnastics & play centre
+ Landlord-favourable net leases, with tenants responsible for all outgoings
+ Strong rent review structures with a mix of CPI and fixed 3.5% annual rent increases
+ Immaculate 2,705sqm* building located in a highly sought-after and tightly held Large Format Retail precinct
+ Significant high profile 8,071sqm land holding fronting Joondalup Drive with exposure to over 31,000* vehicles passing daily (1)
+ Strategically located within major growth precinct, surrounded by key national tenants including Bunnings, Spotlight, Amart, Nick Scali, The Good Guys, and other prominent retailers
+ Joondalup: located in Perth’s thriving northern corridor and located only 26km* from the Perth CBD
+ Combined Net income: $525,717pa* + GST (as at Dec 2024)

To be sold by Investment Portfolio Auction: 
10:30am (AEDT) Wednesday 11 December 2024
Crown Casino, Melbourne

Please contact the exclusively appointed CBRE sales team for more information.

Chris Carcione 0415 393 082
Richard Giorgi 0468 697 093
Natalie Couper 0413 856 983

*Approx
1 GapMaps

Burgess Rawson are pleased to offer to the market ‘Newstead Childcare Centre’ located at 59B Amy Road, Newstead TAS for sale by Private Treaty

The property has the following key investment highlights:

+ Brand new Fifteen (15) year net lease to Newstead Childcare Centre to 2039.
+ Two (2) further Ten (10) year options to 2059.
+ Newstead Childcare Centre: high performing childcare provider trading 20+ years and with an extensive waitlist.
+ Rated ‘Exceeding’ under the National Quality Standards.
+ Favourable annual rent reviews to the greater of CPI or 3%.  
+ Investor preferred net lease terms with the tenant responsible for all outgoings including land tax.
+ Well-maintained 883sqm* childcare centre licensed for 106 LDC places.
+ Significant 5,593sqm* freehold landholding with 23 on-title car parking spaces.
+ Situated amongst significant educational precinct – 4 schools within 1km* that combine to service 2,465+ full-time students.(1)
+ Absolute Newstead (Launceston) CBD location with Coles (Wellington St, Charles St & Elphin Rd), Woolworths, Target, IGA, and the Coles & Kmart-anchored Launceston Plaza Shopping Centre all within 1.6km*.
+ Newstead: affluent metro suburb of Launceston, with strong 28.2% median house price growth since Nov 2020. (2)
+ City of Launceston: capital and major service centre of northern Tasmania, home to 71,700+ people and an annual economic output of $12B+. (3)
+ Net Income: $381,600pa* + GST.

For Sale by Private Treaty.

*Approx
1 GapMaps
2 realestate.com.au
3 REMPlan