2/355 Esplanade, Scarness QLD 4655

Burgess Rawson is pleased to offer to the market 2/355 Esplanade, Scarness (Hervey Bay) QLD for sale via Offers to Purchase.

This opportunity has the following key investment highlights:

+ Anchored by five (5) year lease to Scarness Food Store to 2028 plus two (2) further five (5) year options to 2038
+ Supported by an early renewed three (3) year lease to The Village Barber & Co to October 2027
+ Two of three tenants on net lease structures providing 93%+ of total outgoings recoverable
+ Favourable annual CPI reviews
+ Impressive 458sqm* retail centre situated on an expansive 1,011sqm* parent site with ample on-site parking
+ Prime position fronting the Scarness Esplanade – Harvey Bay’s premier coast precinct and popular tourism destination
+ Strategic location directly opposite the Scarness Caravan Park and surrounding by hotels, resorts, motels, holiday rentals and Airbnb’s within a dense residential catchment
+ Located 750 metres* from the recently approved $450 million Sheraton 5-star hotel and residential development with 223 hotel rooms and 400+ apartments
+ Scarness: exclusive beachside location with 21,389 residents within a 3km* radius, further highlighting the strength of the trade catchment and tenant security
+ Hervey Bay: the fastest growing seaside city in regional Queensland and only 3 hours’ drive north from Brisbane. A world-renowned tourist destination and the commercial centre of the Fraser Coast region, with a trade catchment of over 117,000 residents, forecast to grow by 38.5% to 162,000+ residents by 2046
+ Fraser Coast Region: a booming tourism destination that welcomed more than 986,000 domestic & international overnight visitors in the year ending March 2024, contributing an impressive $692.9 million in expenditures
+ Estimated Net Income: $86,271 pa* + GST

For Sale via Offers to Purchase.

Please contact the exclusively appointed Burgess Rawson for more information.

*Approx.

3-7 Jones Street, East Wagga Wagga NSW 2650

Burgess Rawson are pleased to present Bridgestone located at 3-7 Jones Street, East Wagga Wagga NSW for sale via Investment Portfolio Auction 172.

The property has the following investment highlights:

+ Five (5) year head office lease to Bridgestone Corporation to December 2027
+ One (1) further five (5) year option to December 2032
+ Bridgestone Corporation: Australia’s largest tyre retailer with 340+ stores nationally, market cap of AUD $42.6 billion & wholly owned subsidiary of Tokyo listed Bridgestone Corporation
+ Defensive annual reviews to the greater of CPI or 3.5% increases, ensuring rental growth
+ Landlord favourable net lease structure with the tenant paying all outgoings including land tax and management fees
+ Longstanding tenant occupation with Bridgestone occupying the site for 20+ years
+ Single tenant minimal management investment
+ Significant 12,734sqm* landholding comprising an impressive 2,140sqm* facility occupying only 17% of the site
+ 6,943sqm* of developable land with favourable ‘General Industrial zoning’ allowing for long term future expansion (STCA)
+ Prominently positioned in Wagga Wagga’s key industrial precinct and located within immediate proximity of major retail centre’s Wagga Wagga Marketplace & Wagga Wagga Home Base, anchored by national retailers Woolworths, Big W, Harvey Norman and supported by numerous specialty stores
+ Wagga Wagga: New South Wales largest inland city with $15 billion of infrastructure projects in the pipeline and a population forecast to increase to 77,540 by 2036
+ Net Income: $233,025 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Room, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

1/2 Ramsay Place, West Albury NSW 2640

Burgess Rawson is pleased to offer to market ‘Healius Limited’ pathology laboratory located at 2 Ramsay Place, West Albury NSW for sale via Offers For Immediate Purchase.

The property has the following key investment highlights:

+ Renewed Three (3) year net lease to Healius Pathology to Sep 2027 plus option through to 2030.
+ Healius Ltd (ASX:HLS): market cap of $1.25b, one of Australia’s largest diagnostic and healthcare providers, servicing more than 15 million patients annually.
+ Longstanding tenant (trading as Dorevitch Pathology) on-site 20+ years.
+ Investor preferred net lease terms with the tenant paying all outgoings including land tax.
+ Favourable annual CPI reviews
+ Highly sought-after essential service minimal management investment.
+ Well-maintained 497sqm* SP Infrastructure zoned landholding with 10 car spaces provided on title.
+ Strategically located within key medical precinct, adjoining Border Physicians Group and within metres of Albury Wodonga Private Hospital, Albury Day Surgery, Urologist, I-Med Radiology, and Hume Cardiac Centre.
+ Albury/Wodonga is one of Australia’s most important regional centres with 100,435 residents, forecast to grow 24.2% by 2036 **.
+ Net Income: $135,574 pa* + GST

To be sold via Offers for Immediate Purchase

* Approx
** Profile.id

163-169 Great Eastern Highway, Midland WA 6056

Burgess Rawson is delighted to offer to the market Midland Toyota at 163-169 Great Eastern Highway, Midland (Bellevue) WA 6056 for sale via Investment Portfolio Auction 172.

The property has the following key highlights:

+ 12 year lease to 2030 plus options to 2055.
+ Toyota – Australia’s No. 1 automotive brand for the past 27 years.
+ Landlord-favourable net lease, with tenant responsible for all outgoings.
+ Annual CPI + 1% rent reviews.
+ Modern immaculate 1,401sqm* freestanding dealership incorporating showroom, offices, and service centre.
+ Massive landmark 4,778sqm* corner freehold site with 83 metre* dual frontage, plus clear visual exposure to 26,000 vehicles passing daily on Great Eastern Highway. (1)
+ Booming Car Sales Industry: 97,202 new car sales sold across Australia in April 2024 up 18.3% Year-on-Year. (2)
+ National covenant Autoleague sells over 40,000 cars per year and employs over 1,500 people.
+ Midland/Midvale’s average number of vehicles per household is 1.9, well above the national average of 1.76. (1)
+ Position perfectly within the Midland dealership precinct, amongst Kia, Suzuki, Hyundai, MG, Nissan, plus more.
+ City of Swan: Booming growth location, 20km* north-east of Perth CBD, with population forecast to grow 88%* by 2055. (3)
+ Net income: $588,075pa* + GST (as at December 2024).

To be sold by Investment Portfolio Auction: 
10:30am (AEST) Wednesday 30th October 2024
River Room, Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.

WA Office
Brodie Keay 0403 552 809
Chris Carcione 0415 393 082
Richard Giorgi 0468 697 093

Melbourne Office
Raoul Holderhead 0413 860 304
Matthew Wright 0458 290 588

*Approx
1 GapMaps
2 FCAI
3 .id

68 Menzies Avenue & 28a Curtin Crescent, Dandenong North VIC 3175

Burgess Rawson is pleased to offer to market ‘Lyndale Pharmacy’ and ‘Blue Whale Laundry’ located at 68 Menzies Avenue & 28A Curtis Crescent, Dandenong North VIC for sale via Auction Investment Portfolio 172.

The property has the following key investment highlights:

+ Seven (7) year net lease to Lyndale Pharmacy with three further 7-year options to 2049.
+ Lyndale Pharmacy: longstanding local pharmacy provider on-site 60+ years.
+ Five (5) year net lease to Blue Whale Coin Laundry to 2027 plus options to 2037.
+ Blue Whale Laundry: fully functioning self-service coin laundry open 7 days a week.
+ Fixed 3% annual rent increases across both tenancies, ensuring income growth.
+ Investor preferred net lease terms with both tenants responsible for all usual outgoings.
+ Prominent 215sqm* corner landholding with impressive 40m* triple street frontage (Menzies Ave & Curtis Cres) including ROW laneway access at rear of building.
+ Inner metropolitan location with Woolworths, Coles, ALDI, and Armada Dandenong Plaza all within 2 kilometres.*
+ Greater Dandenong: 30 kilometres south east from Melbourne CBD, home to 163,000+ residents and with an annual economic output of $58.23 billion. (1)
+ Net Income: $98,217 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 30 October 2024
River Room – Crown Casino, Melbourne

* Approx
1 REMPlan

1/485 Ipswich Road, Annerley QLD 4103

Burgess Rawson is pleased to offer to the market Zap Fitness located at 1/485 Ipswich Road, Annerley QLD for sale via Immediate Offers to Purchase.

The property has the following investment highlights:

+ Ten (10) year head office net lease to Zap Fitness (Fitness & Lifestyle Group) to 2028 plus one (1) ten (10) year option to 2038
+ Lease guaranteed by Fitness & Lifestyle Group’s Ultimate Holding Company
+ Zap Fitness: part of the Fitness & Lifestyle Group, which is majority owned by Quadrant Private Equity
+ Unrivalled frontage to Ipswich Road, a key 6 lane arterial route seamlessly connecting Brisbane with South-West Queensland, providing exposure to 50,000+ vehicles passing daily*
+ Desirable annual CPI reviews with ratchet provisions ensuring rent will not decrease
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for outgoings including rates, insurance, management fees and land tax
+ Modern & immaculately presented 409sqm* fully equipped gym, featuring state of the-art fitness equipment, spacious training areas and premium amenities
+ Annerley: blue-chip inner-city suburb, only 5km* from the Brisbane CBD with median house prices increasing 21.7% over the past 12 months
+ Net Income: $184,560 pa* + GST

To be sold via Immediate Offers to Purchase

Please contact the exclusively appointed sales team for more information.

*Approx.

32 Cumner Road, Torrington QLD 4350

Burgess Rawson are pleased to offer to the market 32 Cumner Road, Torrington (Toowoomba) QLD for sale via Portfolio Auction 172.

The property has the following investment highlights:

+ Ten (10) year lease through to 2032
+ Six (6) further five (5) year options to 2062
+ Civilmart Group: Australia’s largest manufacturer of concrete pipes and precast products in Australia. It’s extensive distribution network is Australia-wide, and controls 24 manufacturing facilities nationally.
+ Fixed 3% annual rent increases, assuring growth
+ 100% of outgoings recoverable from tenant as per lease
+ Substantial 1.938 hectare* landholding with favourable ‘Medium Impact Industry’ zoning & B-double access
+ As new 788sqm* high-clearance industrial shed with 390sqm* of adjoining improvements sitting atop approximately 8,000sqm* of concrete & gravel hardstand
+ Strategically located in Toowoomba’s thriving Torrington industrial precinct with convenient access to major transportation routes & arterial roadways including the Warrego Highway & the Toowoomba Bypass
+ Toowoomba Region: the western gateway to the $280 billion south east Queensland economy, with population forecast to exceed 204,000 people by 2041
+ QLD’s 6th largest region by population, the Toowoomba Region generates $11.63 billion in Gross Regional Product (GRP) with an estimated 90,183 jobs in the area
+ Net Income: $150,375 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 31 October 2024
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

51 Tiffany Centre, Dalyellup WA 6230

Cushman & Wakefield together with Burgess Rawson are pleased to offer to the market 51 Tiffany Centre, Dalyellup (Bunbury) WA for sale via Expressions of Interest.

The property has the following key highlights:

+ Brand new, purpose-built state-of-the-art convenience retail and fast-food freehold investment.
+ Long 12 & 10 year net leases plus options to global and national retail giants.
+ 7-Eleven: AUS #1 convenience retailer with 760+ stores, recently purchased for $1.71B* by 7-Eleven International LLC with 46,000+ sites globally. (1)
+ Chicken Treat: rapidly growing fast-food brand wholly owned by QSR giant Craveable Brands, who also own Red Rooster and Oporto with 600+ locations. (2)
+ Investor preferred net lease terms, with tenants paying all outgoings including land tax.
+ Guaranteed income growth via fixed 3% & 2.7% annual rent increases.
+ Immaculate 7-Eleven plus freestanding Chicken Treat restaurant with dual lane drive-thru.
+ 2024 construction completion providing significant depreciation benefits.
+ High profile 3,704sqm* freehold landholding with 178 metre* triple frontage.
+ Important 28 on-title sealed and lined car spaces.
+ Prime town centre position opposite Woolworths, McDonald’s, KFC and Coles (under construction).
+ Benefits from Dalyellup Beach Estate which will house 11,000 residents upon project completion. (3)
+ Bunbury: WA’s second largest city and economic hub of south-west region.
+ Greater Bunbury: booming region with population forecast to increase to 213,000 by 2026. (4)
+ Net Income: $460,370pa* + GST

For Sale via Expressions of Interest:
Closing 3:00pm (AWST) Tuesday 12 November 2024

*Approx
1. 7-Eleven
2. Craveable Brands
3. Satterley
4. Forecast.id

Cushman & Wakefield agents
Ben Younger – 0410 533 679
Nick Charlton – 0467 399 681

Burgess Rawson agents
Beau Coulter – 0413 893 898
Yosh Mendis – 0434 413 188
Jamie Perlinger – 0413 860 315

18 Alford Street, Kingaroy QLD 4610

Burgess Rawson are pleased to present a fully leased investment located at 18 Alford Street, Kingaroy QLD for sale via Portfolio Auction 172.

The property has the following investment highlights:

+ Fully leased CBD building anchored by government tenant
+ Anchored by a four (4) year lease plus options to 2030 to Queensland Government Department of Transport & Main Roads
+ Supported by brand new three (3) & five (5) year leases to valuable retail tenants with longstanding occupation – 12+ years on site
+ Queensland Government Department of Transport & Main Roads: responsible for the planning, managing & delivery of Queensland’s transport network
+ Landlord-favourable rent reviews with a mixture of CPI, listed, fixed 3% and 3.5% rent increases, ensuring rental growth
+ Strategically positioned 1,012sqm* CBD landholding improved with a well-maintained 954sqm* NLA office/retail building
+ Substantial Government funded fit-out recently completed prior to occupation, showcasing long-term commitment to the site
+ Prominently positioned opposite Kingaroy’s main shopping centre – Kingaroy Shopping World, anchored by major retailers Woolworths, Big W, Best & Less & supported by over 40 specialty stores
+ Situated within immediate proximity of surrounding national tenants including KFC, McDonald’s, ALDI, Hungry Jack’s & Supercheap Auto
+ Conveniently located to Kingaroy’s major social infrastructure including Kingaroy Town Hall (130m*), Kingaroy Hospital (900m*) & Kingaroy Hospital (4km*)
+ South Burnett Region: a key growth corridor of Queensland with a diversified economy, boasting a GRP of $2.11 billion
+ Kingaroy: robust commercial hub, 155km* from Brisbane with estimated 32,555* trade catchment and known as the Peanut Capital of Australia
+ Net Income: $113,315 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 31 October 2024
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

70-72 Union Street, Kyabram VIC 3620

Burgess Rawson are pleased to offer to the market 70-72 Union Street, Kyabram VIC 3620 for sale via Auction Investment Portfolio 172.

Investment highlights include:

+ Renewed Five (5) year ground lease to EG Group to November 2028 plus Three (3) further Five (5) year options to 2043.
+ Fixed annual 3.5% rental reviews.
+ EG Group: multinational fuel and convenience retailer with $28 billion annual revenue & 5,940+ locations globally, employing over 45,000 people.(1)
+ Rare ground lease: EG Group owns, maintains, repairs, and replaces all infrastructure including buildings, canopy, fuel tanks, equipment and is also responsible for site remediation.
+ Easily managed, zero landlord repair & maintenance obligations.
+ Landlord Favorable lease terms with the tenant responsible for all outgoings excluding land tax.
+ Incredible entry level investment opportunity.
+ Freestanding corner-site directly opposite Woolworths Supermarket and BWS
+ Surrounded by important social infrastructure including the Kyabram Train Station, the Kyabram District Health Service and national tenants, Mitre 10, NAB, CBA, ANZ, Subway, BWS, Ritchie’s IGA and more.(2)
+ Kyabram: Commercial and retail service centre in diverse Goulburn Valley agricultural region and satellite town of both Echuca and Shepparton (both 30km away).(3)
+ The Shire of Campaspe is located 180 km from Melbourne CBD, and one of Victoria’s vibrant and diverse municipalities which is home to more than 39,000 people, and has a Gross Regional Product of $2.91 billion.(3)
+ Potential 50% stamp Duty Savings.
+ Net Income: $39,990 pa* + GST (as at November 2024)

For Sale by Portfolio Auction Investment 172
10:30am AEDT Wednesday 30 October 2024
River Room – Crown Casino, Melbourne

*Approx
1 EG Group
2 Gapmaps
3 Remplan