Properties Archive

48-52 Rooke Street, Devonport TAS 7310

Burgess Rawson is pleased to offer to the market 48-52 Rooke Street, Devonport TAS for sale via Offers to Purchase.

The property has the following investment highlights:

+ Rare High profile 756sqm* ‘Central Business Zoned Site- with 13.62m frontage to Devonport’s major CBD thoroughfare the Rooke Street Mall.
+ Within the Devonport CBD and especially within the popular Rooke Street Mall, there have been limited development, owner occupier and or investment opportunities offered to the market of this calibre.
+ The property comprises two retail buildings (both recently vacant) with ground floor and upper-level accommodation, as well as an important and rare 22 rear car parks which are currently leased.
+ Shop 1: Offers 150sqm and has been leased to Jeans West for 28 years until recently.
+Shop 2: Offers 115sqm in size and has been leased to Sanity Music for 27 years until recently.
+ Level 1: Comprises two generous office spaces formally an accounting practice with shared bathrooms that provides further scope for an upgrade potentially to newer offices and or apartments/Airbnb (STCA) with provisions for further development across car park.
+ Collectively, the property has historically provided a net income of $100,000 pa + GST.
+ Position Perfect within the Rooke Street Mall, the main shopping precinct of the Devonport CBD and surrounded by leading service offerings and retailers: Telstra, Optus, Prouds, NAB Bank, ANZ, Bendigo Bank, Liv-Eat, Banjo’s Bakery, Rivers, RACT Insurance and EB Games,
+ Strategically located within the growing Devonport CBD zone, a short distance to Woolworths, Coles & K-Mart (2000m*) and the brand-new Novotel Hotel (100m).
+ Devonport: largest North-West Coast City, major service centre, port and daily/tourism link to Melbourne and 70,000 people residing within 35kms*

For sale via Offers to Purchase

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

223-227 Main Street, Bairnsdale VIC 3875

Burgess Rawson and First National King & Heath Commercial are delighted to offer to the market 223-227 Main Street, Bairnsdale VIC for sale via Expressions of Interest closing Wednesday 21 August 2024.

The property has the following key highlights:

+ High exposure 1,921 sqm* Commercial 1 Zone landholding with dual access via Macleod Street.
+ Existing improvements include a combined lettable area of 908 sqm* and suits a multitude of alternative uses including retail, medical, hospitality and office (STCA).
+ Developer project friendly with existing buildings largely retained, not requiring a whole new build.
+ Heads of agreement with Red Rooster, details available on request.
+ Red Rooster: part of the Craveable Brands international network with 580 restaurants across Australia and employing over 13,000 people
+ Rare 3am liquor license existing on the premises, licensed for 384 patrons.
+ Project includes an additional office/retail section providing a further $100,000 pa* income stream.
+ Position perfect surrounded by Australia’s biggest names including Coles, Woolworths, ALDI, Dan Murphy, Chemist Warehouse, Harvey Norman, Autobarn, Supercheap Auto and many more.
+ Major QSR brands already represented nearby including McDonalds, KFC, Hungry Jacks and Subway.
+ Surrounded by important social infrastructure, including Bairnsdale Regional Health Services, Bairnsdale Train Station and 8 schools within 3km servicing over 3,500 full time students. (1)
+ Bairnsdale: the commercial centre for the East Gippsland region and gateway to the Gippsland Lakes, Snowy River National Park, and Mount Hotham Snow Fields with the population forecast to grow 22.5% by 2041. (2)
+ Projected Income: $250,000 pa* + GST

For Sale by Expressions of Interest
Closing 3pm AEST Wednesday 21 August 2024

To discuss the property further, please contact the Burgess Rawson or First National King & Heath Commercial agents below:

DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au

MATTHEW WRIGHT
0458 290 588
mwright@burgessrawson.com.au

MATT BAYLIS
0439 633 312
Matt.baylis@kingheath.com.au

* Approximately
(1) Gap Maps
(2) www.realestate.com.au

38 Spring Square Hallam VIC

Burgess Rawson is pleased to offer to the market Liquorland, 38 Spring Square, Hallam (Melbourne) VIC for sale via our Investment Portfolio Auction 170.

This investment has the following key highlights:

+ Renewed Five (5) year lease to April 2027 plus options to 2062.
+ Liquorland: retail liquor giant wholly owned by Coles Group with 700+ locations across Australia.
+ Coles Group (ASX:COL): $23.2 billion market cap, 3Q24 revenue up 3.4% on 3Q23. (1)
+ Annual rent reviews, ensuring growth.
+ Significant 732sqm* building inc retail, cool room, storage, mezzanine and rear loading.
+ Prime 689sqm* C1Z freehold landholding with important ROW access.
+ Situated in tightly held ‘Hallam Square’ anchored by high trading Coles Supermarket.
+ Direct exposure to approximately 232 council car parks.
+ Hallam: booming metro suburb, only 35km* south-east of the Melbourne CBD.
+ City of Casey: VIC’s most populous council, population forecast to grow 54% by 2046. (2)
+ Net Income: $83,587pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 7 August 2024
Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.

*Approx
1. Coles Group
2. .id

62 Derwent Park Road, Derwent Park TAS 7009

Burgess Rawson in conjunction with Edwards Windsor Real Estate are pleased to offer to the market Petbarn in Derwent Park Tasmania for sale by Private Treaty.

The property has the following key investment highlights:

+ Recently renewed Five (5) Year lease to 2028 plus options to 2038, to Petbarn, on-site for 10+ Years
+ Petbarn: National network of 140+ Sites, owned by Greencross Vets, subsidiary of NASDAQ listed TPG Capital, Australia Super and Ontario Pension Plan.
+ Highly sought after fixed annual 3% rental increases and rare corporate rental guarantee.
+ Irreplaceable 1,134sqm* ‘Commercial Zoned’ site in Hobart’s most sought after LFR and industrial precinct of Derwent Park.
+ Fully occupied by Petbarn with building area of 604sqm* comprising Warehouse and Showroom as well as important level on-site carparking.
+ Located in the leading industrial precinct of Hobart’s northern suburbs with Bunnings, Coates Hire, United Tools, Total Tools, Searoad Logistics, Repco, ABS and Isuzu trucks all located within 1km*.
+ Within 1km of Moonah- Major shopping precinct of Northern Hobart with major tenants including Woolworths, Chemist Warehouse, Harris Scarfe and all major banks.
+ Derwent Park: Booming industrial suburb of Glenorchy with a population of approximately 72,000 within a 6km radius*
+ Tasmania: Has consistently led the nation over the past 3 years in CommSec’s state of the state report, currently number #2 in equipment spending.
+ Minimal management investment
+ Estimated Net Income: $159,745 pa* plus GST

To be sold by Private Treaty.

* Approx

128 Bourbong Street, Bundaberg Central QLD 4670

Burgess Rawson is pleased to present to the market 128 Bourbong Street, Bundaberg QLD for sale by Private Treaty

The property has the following investment highlights:

+ Seven (7) year lease to TerryWhite Chemmart to 2029 plus two (2) further seven (7) year options
+ TerryWhite Chemmart: part of ASX EBOS Group, Australia’s largest pharmacy chain with 550+ stores with a market cap of $5.77 billion*
+ Landlord favourable net lease terms with the tenant responsible for usual outgoings as per the lease
+ Attractive 3.5% annual rent increases
+ Central 349sqm* CBD site, positioned amongst Westpac, NAB and McDonald’s and in close proximity to Hinkler Central anchored by Coles, Woolworths, Kmart plus 60+ specialty stores
+ 227sqm* premises with substantial tenant funded upgrades proposed including dispensary robot
+ Single tenant, minimum management investment
+ Bundaberg Regional Council: thriving regional Queensland city with a trade catchment of circa 104,166**
+ Rent: $65,863 pa* + GST (current)
+ Rent: $68,168 pa* + GST (Sept 2024)

For Sale by Private Treaty.

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

*Approx.

77 Collins Parade, Hackham SA 5163

Burgess Rawson in conjunction with Mastracorp Real Estate are delighted to present the Foodland anchored shopping centre at 77a Collins Parade, Hackham SA for sale via Investment Portfolio Auction 170.

+ Fully leased shopping centre anchored by Foodland supermarket.
+ Foodland: Proven South Australian supermarket with over 90 stores and growing.
+ Long 8 Year WALE with attractive CPI +1% reviews to anchor tenant
+ Landlord friendly net leases with the tenants responsible for all usual outgoings
+ Refurbished 1,516*sqm full-line supermarket supported by complimentary tenants including Australia Post/The lotto and two small retail shops.
+ Substantial 5,322*sqm site with 81 car spaces on-title
+ Significant tax depreciation benefits
+ Stamp duty free investment
+ Hackham: located 30*km from the Adelaide CBD and part of the City of Onkaparinga with a population of 180,865 in 2023**
+ Net Income: $329,049* pa + GST

For Sale via Portfolio Auction Investment 170
10.30am (AEST) on Wednesday, 7th August 2024
Crown Casino, Melbourne VIC

Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401
Mastracorp Pty Ltd | RLA 259095

*approx
**profile.id.com.au/onkaparinga

1 Rowitta Road, Lindisfarne TAS 7015

Burgess Rawson is delighted to present a unique opportunity in the tightly held childcare investment sector. Rarely do Tasmanian childcare investment opportunities become available on the market, making 1 Rowitta Road, Lindisfarne TAS a highly coveted asset.

This opportunity has the following key investment highlights:

+ 20-year net lease to Child’s Play Early Learning to 2042
+ Two (2) further Ten (10) year option to 2062
+ Child’s Play Early Learning: A highly experienced boutique provider with two local Tasmanian centres and a network of mainland centres.
+ High Sought Annual CPI rent reviews.
+ Tenant pays all usual outgoings including single holding land tax.
+ Impressive purpose-built childcare centre licensed for 82 LDC places, offering significant depreciation benefits.
+ Positioned in highly sought-after, established blue-chip waterfront location with significant barriers to entry due to the lack of available suitable land.
+ Established and successful centre in operation since 2019, renowned for high occupancy and a substantial waitlist of over 200 children
+ Located within a significant schooling precinct, 100 metres from St Cuthberts Catholic Primary School, 650 metres from Lindisfarne North Primary School, and within a 3km radius of an additional 9 primary and secondary schools, collectively servicing over 4,300 full-time students.
+ Strategically positioned 2,107 sqm corner site, only 40 metres from the East Derwent Highway, servicing 17,900+ vehicles daily. The centre is also within 260 metres of the Lindisfarne main shopping precinct, featuring Woolworths, Chemist Warehouse, various eateries, and a medical centre.
Tasmania: Consistently leading the nation in CommSec’s State of the States economic report over the past three years and is currently ranked #2 in equipment spending.
+ Child care/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^^^.

+ Net Income: $266,665 pa + GST*

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

This property is offered for sale via Portfolio Auction, scheduled for 10:30am (AEST) on Wednesday, 7 August 2024, at Crown Casino, Melbourne.

10 Lancaster Road, Wanneroo WA 6065

Burgess Rawson is delighted to offer to the market Wanneroo Isuzu at 10 Lancaster Road, Wangara WA 6065 for sale via Investment Portfolio Auction 170.

+ 12 year lease to 2030 plus options to 2055.
+ Isuzu Ute – Australian new car sales up 28.4% year-on-year. (1)
+ Landlord-favourable net lease, with tenant responsible for all outgoings.
+ Annual CPI + 1% rent reviews.
+ Modern immaculate 924sqm* freestanding dealership incorporating showroom, offices, service centre and car wash.
+ Landmark 2,927sqm* corner freehold site with 112 metre* dual frontage, plus clear visual exposure to 33,000 vehicles passing daily on Wanneroo Road. (2)
+ Booming Car Sales Industry: 97,202 new car sales sold across Australia in April 2024 up 18.3% Year-on-Year. (1)
+ National covenant Autoleague sells over 40,000 cars per year and employs over 1,500 people.
+ Wangara’s average number of vehicles per household is 2.06, well above the national average of 1.76. (2)
+ Position perfect within the Wangara dealership precinct, amongst Mazda, Mitsubishi, Toyota, Hyundai, MG, Ford, Nissan, Subara, Volkswagen, Kia, Suzuki plus more.
+ City of Wanneroo: Booming growth location, 18km* north of Perth CBD, with population forecast to grow 63%* to 437,016 by 2041. (3)
+ Net income: $365,857pa* + GST (as at June 2024).

To be sold by Investment Portfolio Auction: 
10:30am (AEST) Wednesday 7 August 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 FCAI
2 GapMaps
3 .id

8 & 9/148-152 Spit Road, Mosman NSW 2088

Burgess Rawson is pleased to offer to the market the Balmoral Medical Practice (ForHealth Group) for sale via our Investment Auction Portfolio 170.

This investment has the following key investment highlights:

+ Renewed 5 year lease to December 2027 plus options to 2037 (longstanding medical centre)
+ Balmoral Medical Practice: part of Health & Co and the ForHealth Group, one of Australia’s largest medical and healthcare providers, owned by Private Equity powerhouse, BGH Capital, largest PE fund focused on Australia and New Zealand
+ Multi-disciplinary medical centre offering general practice, surgery, specialist treatment, pathology, on site pharmaceutical dispensary and much more
+ Highly desirable rent reviews to the greater of CPI or 4%, ensuring long term compounding income growth
+ Landlord friendly lease with the tenant responsible for all usual outgoings including property management and R&Ms
+ Sought after medical precinct surrounded by ancillary medical tenants, including Douglas Hanly Moir, Mosman Denture Clinic, Macono Orthodontics, After Hours Doctor Clinic and much more
+ Longstanding proven medical practice with circa 100+ patients daily, offering on-site pharmacy and pathology collection
+ Mosman: affluent Sydney Lower North Shore location where the median house price is $5.7m, 4.7 times the state average^
+ Net Income: $233,865 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 6 August 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx.
^ realestate.com.au

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