Burgess Rawson is delighted to offer to the market Direct Chemist Outlet at 32 Adakite Drive, Berwick VIC for sale via Private Treaty.
The property has the following investment highlights:
+ Long 10 year net lease to January 2034 plus two further 5 year options to 2044.
+ Direct Chemist Outlet: Est 2006, Direct Chemist Outlet is a pharmacy chain with 111 locations across the country and offers 20,000 products online and in-store.
+ Brand new 361 sqm* retail shop, high-profile location directly adjoining IGA Supermarket, Medical Centre, Dental Clinic, Childcare centre and many more.
+ Landlord preferred, net lease terms with tenants paying usual outgoings.
+ Fixed, compounding 3% annual rent increases.
+ Single tenant, minimum management investment.
+ Strategically positioned within the Alira Village Town Centre, neighbouring the Alira Berwick and Northern Wetlands residential estates.
+ New construction providing maximum tax saving depreciation benefits.
+ Position perfect: central to Berwick Station and Heritage College.
+ City of Casey, Melbourne’s major south-east growth LGA, with population forecast to increase 45% to 574,124 by 2046.**
+ Net Income: $238,972 pa* + GST (January 2025).
To be sold via Private Treaty.
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au
Please contact the exclusively appointed sales team for more information.
*approx
**forecast.id
Burgess Rawson in conjunction with Edwards Windsor Real Estate are pleased to offer to the market Zap in Glenorchy Tasmania for sale via Auction Investment Portfolio 170.
The property has the following key investment highlights:
+ Recently renewed Six (6) Year lease to Zap Fitness to 2031 plus options to 2043.
+ Zap Fitness: Tasmanian founded and now part of Fitness & Lifestyle Group with over 80 24/7 Clubs Australia-wide and growing.
+ Fitness & Lifestyle Group: Backed by Quadrant Capital, F&LG are an international fitness powerhouse with 500+ locations, 8,900 employees and over 850,000 members Australia wide.
+ Fitness & Lifestyle Group: Operates household brands Goodlife Health Clubs, Fitness First, Jetts Fitness, California Fitness and Yoga, Barry’s Bootcamp, Emily Skye Fit and Zap Fitness.
+ Highly sought after fixed annual 3% rental increases leading to guaranteed compounding rental growth.
+ High profile, prime 1,175sqm* site, important 24 car spaces and favourable height overlay for future development (STCA).
+ Modern and immaculately presented 384sqm* building with huge exposure to busy Main Road.
+ Located within the prime shopping precinct of Glenorchy directly opposite Northgate Shopping Centre anchored by Coles, Woolworths and 165 speciality retail stores.
+ Glenorchy: Largest Hobart LGA with a catchment of over 106,000 people
+ Hobart: Administrative capital of Tasmania with a total population of over 250,000 people
+ Tasmania: Has consistently led the nation over the past 3 years in CommSec’s state of the state economic report currently number #2 in equipment spending.
+ Minimal management investment
+ Estimated Net Income: $133,889* pa plus GST
To be sold by Investment Portfolio Auction:
10:30am (AEST) Wednesday 7 August 2024
River Room, Crown Casino, Melbourne
* Approx
Burgess Rawson is delighted to offer to the market Berwick Village Medical Clinic at Level 1, 9 Adakite Drive, Berwick VIC for sale via Investment Portfolio Auction 170.
The property has the following investment highlights:
+ Long 10 year net lease to December 2033 plus two further 5 year options to 2043.
+ Berwick Village Medical Clinic: Modern medical clinic with high quality fit out including pathology.
+ Brand new 184sqm* including waiting room, reception, four consulting rooms, staff room, storage and amenities.
+ High-profile location neighbouring IGA Supermarket and supported by Direct Chemist Outlet, Dental clinic, Childcare centre and more.
+ Landlord preferred, net lease terms with tenants paying usual outgoings.
+ Fixed compounding 3.5% annual rent increases.
+ Lease secured by 6 month Bank Guarantee plus personal guarantees to the performance of the lease.
+ Single tenant, minimum management investment.
+ Strategically positioned within the Alira Village Town Centre, neighbouring the rapidly growing Alira Berwick and Northern Wetlands residential estates.
+ New construction providing maximum tax saving depreciation benefits.
+ Position perfect: central to Berwick Station and Heritage College.
+ City of Casey, Melbourne’s major south-east growth LGA, with population forecast to increase 45% to 574,124 by 2046.**
+ Net Income: $82,300 pa* + GST
To be sold by Investment Portfolio Auction 170
10:30am AEST Wednesday 7 August 2024
Crown Casino, Melbourne
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au
Please contact the exclusively appointed sales team for more information.
*approx
**forecast.id
Burgess Rawson is pleased to offer to the market KFC, 263 Bourbong Street (and Quay Street), Bundaberg West QLD for sale via our Investment Portfolio Auction 170.
This investment has the following key highlights:
+ Renewed ten (10) year lease to August 2034 plus options to 2044
+ Proven KFC restaurant with Collins Foods trading on-site since 1972
+ Collins Foods: ASX-listed fast-good giant with 280 KFC stores in Australia and market cap of $1.06 billion
+ Investor preferred net lease terms with tenant paying all usual outgoings as per the lease
+ Annual CPI rent reviews, ensuring growth
+ Trophy KFC restaurant with important dual lane drive-thru and major 2024 store refurbishment planned
+ Absolute gateway location, with direct exposure to all traffic heading from airport to CBD
+ Prime 1,440sqm* freehold landholding with dual access and 18 on-title spaces
+ Directly adjoining Ampol and nearby Officeworks, Red Rooster, Domino’s, Caltex and Toyota
+ Bundaberg: booming regional city with population forecast to increase 45% to 148,000 by 2041**
+ Net Income: $221,441 pa* + GST (as at 5 August 2024)
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 8 August 2024
The Hilton, Brisbane QLD
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
**Bundaberg – Advocacy Priorities 2024
Burgess Rawson is pleased to offer to the market Mackay Funerals located at 187 Alfred Street, Mackay QLD for sale by Private Treaty.
+ Mackay Funerals established in 1881 one of the largest funeral business’ in Mackay
+ Mackay Funerals, part of InvoCare one of Australia’s largest funeral groups, which includes iconic national and state based brands including Simplicity, White Lady, Le Pine, George Hartnett and Lester & Son, with 2,000+ employees and conducts circa 40,000 funerals each year
+ Renewed 10 year lease to December 2028 plus 10 year options to 2048
+ Tenant pays all outgoings as per the lease
+ Substantial tenant Bank Guarantee in place
+ Strategic freehold site with solid construction including chapel
+ Tenant funded upgrades to the amount of $450,000 in 2018
+ Modern 287sqm* building including 50 seat chapel
+ Large 609sqm* CBD landholding
+ Near the heart of Mackay CBD, 1km* to Mackay Airport and 2km* to the Bruce Highway
+ Mackay: one of Queensland’s fast growing commercial centres underpinned by agriculture, mining
and tourism, trade catchment population approx. 177,000
+ Rent $129,268 pa* + GST (current)
+ Rent $134,438 pa* + GST (December 2024 – assuming CPI at 4%)
For Sale by Private Treaty.
Settlement Terms: 30-90 days
Please contact the exclusively appointed Burgess Rawson team for more information.
* Approx.
Burgess Rawson are pleased to offer to market ‘Lake Imaging’ (Integral Diagnostics) located at 1111 Howitt Street, Wendouree (Ballarat) VIC for sale via Auction Investment Portfolio 170.
The property has the following key investment highlights:
+ Renewed Five (5) year net lease to Lake Imaging to October 2029.
+ One (1) further 5 year options to October 2034.
+ Lake Imaging: market leading diagnostic radiology provider with 18 sites in Central and Western Victoria and wholly owned by ASX-listed medical giant Integral Diagnostics. (1)
+ Integral Diagnostics (ASX:IDX): international radiology and medical imaging provider ($605 million market cap) with 91 locations across Australia & New Zealand. (2)(3)
+ Favourable annual CPI reviews with important ‘ratchet provision’ ensuring rent cannot reduce.
+ Investor preferred net lease terms with Lake Imaging responsible for all outgoings including land tax.
+ Immaculate 620sqm* purpose-built radiology clinic with capital intensive tenant-funded fitout.
+ Significant 38.5% potential depreciation in year 1 of ownership. (4)
+ Established tenant of 20+ years.
+ Substantial 1,752sqm* main road freehold MUZ site with 24 car spaces provided on title.
+ High profile Howitt Street position with 20,000 vehicles passing daily. (5)
+ Situated in dominant medical precinct amongst Ballarat Day Procedure Centre, Lake Health Group, Bupa Dental, Ballarat Family Care Pharmacy & Sovereign Radiology. (5)
+ Surrounded by numerous national retailers with McDonald’s, Woolworths, Harvey Norman and Stockland Wendouree (100+ stores) all within 845m. (6)
+ Ballarat: capital of Western Victoria with population forecast to surge 34.72% to 164,365 by 2046. (7)
+ Potential 50% stamp duty savings.
+ Net Income: $282,550 pa* + GST (as at October 2024).
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 7 August 2024
River Room – Crown Casino, Melbourne
1 Lake Imaging
2 Yahoo Finance
3 Integral Diagnostics
4 J Mathew Advisory
5 GapMaps
6 Stockland Wendouree
7 forecast.id
Burgess Rawson is pleased to offer to the market 109 Elliott Heads Road, Kepnock (Bundaberg) for sale via our Investment Auction Portfolio 170.
This opportunity has the following key investment highlights:
+ Anchored by a (5) year net lease to Star Liquor to 2028 plus two (2) further five (5) year options to 2038
+ Star Liquor: one of Australia’s leading independent hospitality groups founded 25+ years ago, operating 74 bottle shops, 9 liquor warehouses & 42 hotels
+ Supported by a (10) year net lease to long term local convenience retail operator to 2032 plus two (2) further ten (10) year options to 2052
+ Tenants responsible for 100% of outgoings as per lease
+ Desirable CPI annual rent reviews
+ Dominant 1,069sqm* corner freehold site on major road linking Bundaberg to Elliott Heads, Coral Cove and Bargara
+ Dual street access and 15 on-site car parks
+ Conveniently located 2km* from Bundaberg’s major retail & commercial amenities including national tenants, McDonald’s, IGA, Aldi, Target and Hinkler Central Shopping Centre, underpinned by Coles, Kmart, and 56 specialty retailers
+ Bundaberg Region: the 10th largest city in the state with the population north of 103,000* and a GRP of $5.62 billion*
+ Net Income: $108,467 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 8 August 2024
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Burgess Rawson is pleased to offer to the market 6-8 Gayle Street, Oakey for sale via our Investment Auction Portfolio 170.
This opportunity has the following key investment highlights:
+ Three (3) year net lease to Nutrien Ag Solutions to 2026 plus two (2) further three (3) year options to 2032
+ Nutrien Ag Solutions: subsidiary of global farming giant Nutrien and Australia’s largest distributor of farming services, livestock marketing, agricultural services, finance, insurance and real estate
+ Nutrien (NYSE: NTR): global agricultural leader with 2,000 locations and 23,500+ employees and a market cap of $34.8 billion AUD
+ Long term tenant on-site since 2001 establishing a strong customer base
+ Expansive 3,360sqm* freehold site over two (2) titles
+ Desirable CPI annual rental reviews
+ Tenant responsible for outgoings as per lease
+ Two large warehouses comprising a combined 550sqm* NLA plus important on-site weighbridge
+ Oakey: located 25km* from the Toowoomba CBD with resource rich farming land known from rural cropping, beef grazing and feed lots
+ 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: $50,811 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 8 August 2024
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Burgess Rawson & Moree Real Estate are pleased to offer to the market the NAB at 141-143 Maitland Street, Narrabri for sale via Investment Auction Portfolio 170.
The property has the following investment highlights:
+ Renewed five (5) year lease to 2027 plus two (2) further three (3) year option to 2033.
+ National Australia Bank: Top 10 ASX listed financial institution with over 10 million customers and 38,000 employees and $112.2 billion market cap. (1)
+ Prime 519sqm* freehold site, with rear access and exposure plus on-site parking for 3 vehicles.
+ Long standing national tenant, in occupation since 1999.
+ Landlord favourable net lease terms with tenant paying all usual outgoings including land tax, as per the lease.
+ Fixed annual 2.5% rental increases.
+ High profile 360 sqm* building, with recent tenant funded upgrades completed in 2022.
+ Position perfect within the Narrabri CBD and surrounded by key national retailers including Woolworths & Coles Supermarkets, Westpac, CBA, ANZ , McDonalds & KFC (2) + Narrabri: located in the heart of north west NSW, an important inland logistic and resource hub, with over 12,700 residents and an annual economic output of $5.7B, 62.3% of which is generated from the mining industry. (3)
+ Rent: $57,784 pa* + GST as at August 2024.
For Sale by Investment Portfolio Auction
10:30am AEST Tuesday 6 August 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register here.
Please contact the exclusively appointed sales team for more information.
* Approx 1 ASX-as at 02 Jul 24 2 Gapmaps 3 Remplan
Burgess Rawson is pleased to offer to the market 450-456 Bayswater Road, Mount Louisa (Townsville) for sale via our Investment Auction Portfolio 170.
This opportunity has the following key investment highlights:
+ 6.32* year WALE to unrivalled mix of convenience retail and fast food giants – United Petroleum, Red Rooster & Domino’s
+ Fifteen (15) year head office net lease to United Petroleum to 2031 plus four (4) further five (5) year options to 2051
+ United Petroleum: top tier tenant, one of Australia’s largest and fastest growing independent fuel retailers with approximately 500 sites nationally
+ Fifteen (15) year head office net lease to Red Rooster to 2031 plus two (2) further five (5) year options to 2041
+ Red Rooster: part of Craveable Brands, who operate over 580 restaurants and serve 1 million+ customers per week
+ Ten (10) year head office net lease to Domino’s to 2027
+ Domino’s: multinational ASX-listed fast food giant, market cap of $3.86 billion* & 18,000+ locations worldwide
+ Landlord favourable lease structure with tenants responsible for 100% of outgoings, as per the leases
+ Favourable mix of CPI and fixed 3% annual rent increases
+ Domainant 4,048sqm* freehold corner site with 120+ metres of direct frontage to major arterial
+ Constructed in 2016, offering modern infrastructure and substantial depreciation benefits
+ Impressive 1,129sqm* improvements including single lane drive-thru and 2 freestanding restaurant/retail stores
+ Prime position amongst complementary mix of Australia’s largest retailers including Bunnings, Dan Murphy’s Hungry Jack’s, Harvey Norman, Supercheap Auto & Chemist Warehouse
+ City of Townsville: largest city in Northern Australia, with population forecast to grow 52% to 306,053 residents by 2046 with $27 billion in infrastructure projects underway
Townsville: the commercial hub of Northern Australia, home to the largest military base with 15,000* personnel and the internationally recongnised James Cook University
+ Net Income: $572,105 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 8 August 2024
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.