CBRE is pleased to offer to the market Commonwealth Bank at 72 Lachlan Street, Fobes NSW for sale via our Investment Auction Portfolio 173.
This opportunity has the following key investment highlights:
+ Long established bank branch – renewed lease to 2027 plus option to 2029
+ Commonwealth Bank: Banking giant and #1 ASX listed company (Market cap $264B)**
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and land tax (single holding) as per lease
+ Fixed compounding 3% annual rental increases, ensuring income growth
+ Strategic corner freehold close to major brands including Westpac, Anytime Fitness, Woolworths and Service NSW
+ Easily managed premium single tenant investment
+ Central West & Orana region set to grow to 325,000 people by 2041^
+ Strong trade catchment: The Central West Region contributes $16B annually^^
+ Net Income: $53,152 pa* + GST (as of Feb 2025)
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
**ASX: As of 3/12/2024
^planning.nsw.gov.au
^^dataau.com.au
CBRE is pleased to offer to market ‘Romsey Medical’ located at 1/34 Stawell Street (99 Main Street), Romsey VIC, for sale via Private Treaty.
The property has the following key investment highlights:
+ Renewed Five (5) year net lease to Romsey Medical to November 2028.
+ Romsey Medical: leading Macedon Ranges medical provider with a further location in Lancefield.
+ Proven medical tenant trading on-site 30+ years.
+ Fixed 4% annual rent increases, assuring income growth.
+ Investor preferred net lease terms with the tenant responsible for all usual outgoings.
+ Well-maintained 451sqm* medical facility offering GP, pathology, podiatry and physiotherapy services.
+ Strategic 728sqm* C1Z town centre landholding with access to ample on-site car spaces.
+ Absolute Romsey ‘town centre’ location metres from Supa IGA and the newly developed Coles-anchored Romsey Shopping Centre, scheduled to open in 2025.
+ Romsey: vibrant town located 35km* north of Melbourne CBD, home to a booming resident population forecast to surge 61% by 2046. (1)
+ Macedon Ranges Shire: strategic location 1 hour from Melbourne (to the south) and Bendigo (to the north), home to 52,920 residents and an annual economic output of $5.76B. (2)
+ Potential 50% stamp duty savings.
+ Net Income: $101,950 pa* + GST.
For Sale by Private Treaty
1 Forecast.id
2 REMPlan
CBRE in conjunction with Colliers Ballarat, are pleased to offer to the market ‘Ochre Health’ located at 19 Leopold Street, Alfredton (Ballarat) VIC for sale via Investment Portfolio Auction 173.
The property has the following key investment highlights:
+ Renewed Five (5) year net lease to November 2029 plus options to 2049.
+ Ochre Health: leading regional healthcare provider est. 2002 with 65+ locations nationally. (1)
+ Favourable annual CPI reviews.
+ Investor preferred net lease terms with tenant paying all usual outgoings including building insurance.
+ 580sqm* medical centre incorporating 8 consult rooms, allied health, nursing, treatment and Ambulance entry.
+ Medical centre also incorporates Melbourne Pathology and Skin Cancer Ballarat.
+ Important 17 on-title sealed and lined car spaces.
+ Significant 2,422sqm* freehold landholding with 112 metre* frontage and exposure to Leopold Street.
+ Situated directly opposite McCallum Disability Service.
+ Ideally positioned in heart of Ballarat’s booming western growth corridor.
+ Ballarat: capital of Western Victoria with population forecast to surge 34.72% to 164,365 by 2046. (2)
+ Potential 50% stamp duty saving.
+ Net Income: $195,531 pa* + GST.
For Sale by Investment Portfolio Auction 173
10:30am AEDT Wednesday 11 December 2024
River Room – Crown Casino, Melbourne VIC
1 Ochre Health
2 Forecast.id
CBRE is pleased to offer to market ‘Discovery at Play ELC’ located at 5 Minion Court, Vasse WA for sale via Private Treaty.
The property has the following key investment highlights:
+ Extended Fifteen (15) year net lease to Discovery at Play ELC to 2034.
+ One (1) further Ten (10) year option to 2044.
+ Discovery At Play: bespoke and boutique WA childcare operator, with a growing network of three locations in the states Southwest. (1)
+ Proven childcare operator as former owners of one of Perth’s most celebrated childcare groups.
+ Fixed 3% annual rent increases, assuring income growth.
+ Investor preferred net lease terms with the tenant responsible for all outgoings including land tax and management fees.
+ Immaculate 77 LDC place childcare centre rated as ‘Exceeding’ under the National Quality Standards (NQS).
+ As new construction offering strong depreciation benefits, with 35% of the first years rent potentially tax free. (2)
+ Situated in significant schooling precinct – 2 schools within 350m* that combine to service 1,880 full-time students.
+ Strategic 1,737sqm* Urban Development zoned freehold landholding with access to ample on-site car parking spaces.
+ Prime location in the heart of Vasse town centre, anchored by Coles, Liquorland, McDonald’s, Vasse Medical Centre, and the newly developed Vasse Village Bunbury Farmers Market (set to open Dec 2024).
+ Vasse Estate: Anticipated for full completion by 2035, the meticulously planned $1.28B estate will be home to more than 6,500 residents, support over 3,600 jobs, + and generate $575 million in annual gross value add (GVA). (3)
+ City of Busselton: home to 41,000+ residents and forms as part of WA’s South West region, with an annual economic output of $6.6B. (4)
+ South West Region: the most populated region of WA outside Perth, home to 197,587 residents, supporting 90,407 jobs and has an annual economic output of $42.19B. (4)
+ Net Income: $249,012 pa* + GST.
For Sale via Private Treaty.
1 Discovery At Play
2 J Mathew Advisory
3 Vasse Estate
4 REMPlan
CBRE and Charles L. King & Co. First National are pleased to offer to market ‘Fur Life Vet’ located at 332 High Street, Echuca VIC for sale via Auction Investment Portfolio 173.
The property has the following key investment highlights:
+ Renewed 10-year lease to 2034 plus two (2) further five (5) year options to 2044.
+ Long established and thriving veterinary practice on-site 18+ years, demonstrating a strong commitment to the location and successful business operations.
+ Fur Life Vet: a wholly owned subsidiary of the ASX listed Apiam Animal Health Limited, one of Australia’s leading rural veterinary businesses with 78 sites nationally.
+ Landlord favourable net lease terms, with Fur Life Vet responsible for all outgoings including council rates, building insurance and single holding land tax.
+ Fixed 3.5% annual rent increases, ensuring continued income growth.
+ Well-maintained 333sqm* clinic with reception, impressive radiology and surgery facilities, office amenities and 8 on-site car spaces with an additional 8 street car spaces.
+ High profile 1,101 sqm* corner highway site with 17,600+ vehicles passing daily. (1)
+ Located only 200 metres* from Echuca Regional Health, the municipalities main hospital currently undergoing $15.3 million+ upgrade. (2)
+ Absolute CBD location with Bunnings, BCF, Big W, Coles & Woolworths all within 725m*.
+ Echuca: popular Murray River tourist location with a trade catchment of circa 60,000* people plus year-round holiday influx.
+ Campaspe Shire Council: supports 17,000+ jobs (3) and home to 9,993 registered pets. (4)
+ Potential 50% stamp duty savings.
+ Net Rent: $100,000 pa + GST.
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 11 December 2024
River Room – Crown Casino, Melbourne
* Approx
1 Gapmaps
2 Vic.gov.au (https://www.premier.vic.gov.au/infrastructure-funding-boost-echuca-regional-health)
3 REMplan
4 DAMP 2021-2025 Review (November 23, pg11)
CBRE and Ray White Deniliquin are pleased to offer to market ‘Fur Life Vet’ located at 389 Poictiers Street, Deniliquin NSW for sale via Auction Investment Portfolio 173.
The property has the following key investment highlights:
+ Renewed 7-year lease to 2031 plus two (2) further five (5) year options to 2041.
+ Longstanding and highly successful veterinary clinic on-site 30+ years.
+ Fur Life Vet: a wholly owned subsidiary of the ASX listed Apiam Animal Health Limited, one of Australia’s leading rural veterinary businesses with 78 sites nationally.
+ Landlord favourable net lease terms, with tenant responsible for all outgoing including council rates, building insurance and single holding land tax.
+ Fixed 3.5% annual rent increases, ensuring continued income growth.
+ Prime 1,765 sqm* CBD freehold landholding.
+ Upgraded and well maintained 352sqm* single storey veterinary centre, including 2 consulting rooms, dedicated kennel and cat rooms and 18 total on-site car parks with 6 being undercover.
+ Absolute CBD location with Coles, IGA, McDonald’s, Harvey Norman, Repco and Deniliquin Health Services all within 550m*. (1)
+ Deniliquin: Important Riverina service centre and capital of the Edward River Council, with a strong 12,000 trade catchment.
+ Edwards River Council: providing 4,200+ local jobs (2) and home to 7,321 total registered pets. (3)
+ Net Rent: $79,139 pa + GST.
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 11 December 2024
River Room – Crown Casino, Melbourne
*Approx
1 Gapmaps
2 Edwards River Council
3 Total Companion Animals Identified or registered by LGA (https://www.olg.nsw.gov.au/wp-content/uploads/2023/12/Total-Companion-Animals-Identified-or-Registered-by-Local-Government-Area-1.pdf)
CBRE are pleased to present to market Balnarring Motors freehold at 2994 Frankston-Flinders Road, Balnarring VIC for sale via Investment Portfolio 173.
This property has the following key investment highlights:
+ New Seven (7) year net lease to 2031.
+ Court ordered sale – the property must be sold.
+ Fixed, compounding 3% annual rent increases.
+ Balnarring Motors: Longstanding automotive business on-site since 1972 including auto electrician, mechanical workshop, pump-service fuel station and retail shop.
+ Prominent 410 sqm* building including retail shop, mechanic workshop with 5 hoists, storage, amenities and drive-through warehouse access.
+ Expansive 981 sqm* landholding with rear ROW and located on service road with ample parking adjacent.
+ Excellent exposure to Frankston-Flinders Road, servicing 42,700* vehicles weekly.****
+ Valuable ‘Commercial 2’ Zoning allowing significant underlying upside and a multitude of future uses STCA.
+ Tenant pays all usual outgoings as per the lease.
+ Two director guarantees in place providing security.
+ 200m* from Balnarring Village Shopping Centre including Ritchies Supa IGA, Zambrero, Cellarbrations, Bendigo Bank, Clinical Labs, Australia Post and many more.
+ Balnarring: Strong holiday destination on the Mornington Peninsula located 63km* from Melbourne CBD with a median house price of $1,320,000.**
+ Mornington Peninsula Shire: Tourism has seen a 55% increase from the previous year with total domestic tourists reaching 8.23 million people.***
+ Estimated Net Income: $79,450 pa* + GST.
To be sold by Investment Portfolio Auction 173
10:30AM AEDT Wednesday 11 December 2024
River Room, Crown Casino, Melbourne
* Approx
** Realestate.com.au
*** Mornington Peninsula Shire
**** Gapmaps
CBRE is pleased to offer this DA-approved childcare development site in Cherrybrook NSW to the market for sale & for lease via Expressions of Interest. The property has the following key highlights:
+ DA-approved 76 place childcare development site
+ Prominent location on New Line Road, a busy arterial route, with 30,600* vehicles passing daily^
+ Large landholding of 1,073 sqm*
+ Strong education precinct with 19 schools and 13,300* pupils within a 5 minute drive^^
+ Ideally located 600m* from Cherrybrook Public School
+ Cherrybrook: undergoing a transformative demographic shift, with population set to surge 14.33% by 2036^^^
– underpinning childcare demand
+ Affluent area with a high proportion of dual-income professional working parents
+ Estimated net rental investment income of up to $475,000 pa* + GST, upon completion as a leased childcare facility
+ An exceptional opportunity for childcare operators, builders and developers
For Sale & for Lease by Expressions of Interest Closing 3pm AEDT Tuesday 4 February 2025 Please contact the exclusively appointed CBRE team for more information. * Approximately ^ maps.transport.nsw.gov.au ^^ Gapmaps.com ^^^ Forecast ID
CBRE is pleased to offer an exceptional leasing opportunity at 18a Scott Crescent, Mildura, located within the sought-after Sarnia Business Park.
Strategically positioned at the intersection of Scott Crescent and Etiwanda Avenue, this property benefits from high visibility and accessibility within a popular industrial precinct. The site encompasses approximately 225 sqm of well-designed warehouse space, complemented by convenient staff amenities including a kitchen, disabled toilet, and a bathroom with shower facilities.
Key Highlights
+ Prime Location: Situated at 18a Scott Crescent in Mildura, this property enjoys easy access to major transport routes, enhancing operational efficiency.
+ Ample Customer Parking: Convenient parking available from the street, ensuring ease for both staff and clients.
+ Loading Facilities: The warehouse is equipped with motorised roller doors at the rear and side, facilitating seamless loading and unloading with B-double truck access.
+ Functional Amenities: Staff amenities include a fully-equipped kitchen, bathroom facilities, and a shower, providing comfort and convenience for your team.
+ Zoning: Classified under Industrial One Zone (IN1Z), making it suitable for a variety of industrial applications.
+ Well-Equipped: Features include evaporative air conditioning in the shed, reverse cycle air conditioning in the kitchen, hi-bay lighting, and essential fire safety equipment.
+ Comfortable Work Environment: The office is equipped with split system air conditioning, providing a pleasant atmosphere for work throughout the year.
For further details or to arrange an inspection, please contact our exclusive leasing agents.
Burgess Rawson and Domain Commercial Real Estate are pleased to offer to the market 1443 Sydney Road, Campbellfield VIC for private sale.
Investment highlights include:
+ Fifteen (15) year head office lease to October 2031
+ Fifteen (15) year option to 2046.
+ Hungry Jack’s: wholly owned subsidiary of Competitive Foods Australia Pty Ltd with annual revenue of $2 billion, up 12% from 2022.(1)
+ Fixed 3.5% annual rent increases plus 5% increase at option – assuring rental growth.
+ Landlord-favourable, triple net lease with Hungry Jack’s responsible for rates, building insurance, public liability insurance and land tax.
+ Hungry Jack’s also responsible for all structural maintenance and repairs as per lease.
+ Rent is substantially under market versus other comparable metro fast food stores.
+ Modern 329sqm restaurant plus busy dual drive thru – circa $1 million+ Hungry Jack’s funded upgrade in 2017.
+ Central within proven fast food hub between Red Rooster and new El Jannah, with McDonalds located opposite
+ Irreplaceable Hume Highway position directly opposite Campbellfield Plaza including Coles, K-Mart, Officeworks & ALDI.
+ Prime 2,409sqm freehold site with 45 on site car parks and exposure with 61,000 vehicles passing daily* (2)
+ Strategic position only 300 metres from the Western Ring Road on/off ramp.
+ Campbellfield: one of Melbourne’s most important industrial and logistics hub, situated only 14km north of the CBD.
+ Income: $239,659 pa* + GST
Contract the exclusively appointed agents for further information.
Burgess Rawson
Raoul Holderhead 0413 860 304
Beau Coulter 0413 839 898
Matthew Wright 0458 290 588
Domain Commercial Real Estate
Dean Fornaro 0432 505 060
References:
* approx
1 Competitive Foods Australia
2 Gap Maps
