Burgess Rawson are delighted to offer to the market, Dental investment and residence at 19 Hurd Street, Portland VIC for sale via Expressions of Interest.
The property has the following key highlights:
+ High-yielding commercial and residential combined investment – 10% net yield reserve.
+ Prime 911 sqm* landholding with 20m* frontage and General Residential Zone 1 (GRZ1).
+ Tenant on site since 2013 – 2 year lease recently ended, currently month-to-month.
+ Dental Clinic: Improvements include two operating rooms, reception area, laboratory sterilization room and patient toilet.
+ Residence: Improvements include a 3 bedroom, 2 bathrooms, reverse-cycle air-conditioning
+ On-site parking for six (6) cars.
+ Landlord favourable lease with tenant responsible for council rates and water rates.
+ Annual CPI rental reviews
+ In close proximity to key healthcare facilities including Seaport Medical Centre, Portland District Health and Henty Street Medical Clinic plus 350m* to Aldi and 440m* to Woolworths.
+ Only 300m* to Percy Street, Portland’s prime CBD main street.
+ Portland Port: One of Australia busiest regional ports and the largest sustainable hardwood chip export in the world.
+ Portland: major commercial centre with multiple economic drivers including shipping, commercial fishing, agriculture and tourism.
+ Potential 50% stamp duty savings.
+ Net Income: $46,208 pa* + GST
To be sold via Expressions of Interest
Closing Wednesday 3 July 2024
3PM AEST unless sold prior
To receive a copy of the information memorandum and discuss the property further, please reach out to the agent below:
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
*Approx
Burgess Rawson are pleased to offer to the market 230 Whitehorse Road, Balwyn VIC for sale via Expression of Interest.
The property has the following key highlights:
+ Renewed Three (3) year lease to December 2026 plus options to 2030.
+ Ham Kerr Property: proven real estate agency and long-term occupant since 2006.
+ Investor preferred net lease terms, with tenant paying all usual outgoings as per lease.
+ Annual CPI rent reviews.
+ Low rent per/sqm providing opportunity for future rental uplift.
+ Well-presented 188sqm* two-level building with on-site parking at the rear.
+ Future development upside STCA with nearby precedent up to 3 levels.
+ Prime 242 sqm* C1Z freehold landholding with important ROW access.
+ High profile position on busy Whitehorse Road with 11,200* vehicles passing daily. (1)
+ Ideally positioned in absolute heart of thriving Balwyn Village amongst Woolworths and Chemist Warehouse.
+ Surrounded by important social infrastructure including 31 schools within 3km* servicing over 19,800 full time students. (1)
+ Balwyn: affluent eastern metro suburb, with median house price up 10.6% to $3,153,000 in past 12 months. (2)
+ Net Income: $40,804pa* + GST
For Sale via Expression of Interest
Closing 3pm AEST Wednesday 25 September 2024 (unless sold prior)
*Approx
1. GapMaps
2. realestate.com.au
Burgess Rawson is pleased to offer to the market 1/13 Central Court, Hillcrest for sale via our Investment Auction Portfolio 169.
This opportunity has the following key investment highlights:
+ Renewed three (3) year net lease to Lawrence & Hanson to August 2027 with options to 2030
+ Lawrence & Hanson: a subsidiary of Sonepar Group and Australia’s leading Electrical Wholesaler with over 170+ stores in Australia
+ Sonepar Group: international electrical giant trading in 40 countries with 2,400 branches (170+ in Australia) and 45,000 associates
+ Landlord friendly net lease structure with tenant paying 100% of outgoings as per lease (including land tax on single unit holding)
+ Site has direct access to the Mount Lindesay Highway, connecting South-East Queensland to Brisbane and beyond, with exposure to 70,000+ vehicles daily*
+ Spacious 420sqm* NLA comprising large warehouse accommodation, mezzanine storage and multiple office spaces
+ Landlord favorable annual CPI reviews
+ 6 on-site car spaces for customers allowing for ease of access
+ Long term tenant in occupation since 2005
+ Conveniently positioned within 200m* from national retailers Boral, EG Ampol, 7-Eleven & Beacon Lighting
+ Located within 500m* from Grand Plaza, anchored by Woolworths, BIG W, Target, Coles, Kmart and 100+ specialty retailers
+ Logan City Council: second fastest growing LGA in South-East Queensland, with the population forecast to increase 47% by 2041 to over 500,000 residents and $1.2 billion committed in future capital works projects*
+ Net Income: $51,500 pa* + GST (as of 1 August 2024)
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 27 June 2024
The Hilton, Brisbane
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Burgess Rawson is pleased to offer to the market 180 Haly Street, Kingaroy for sale via our Investment Auction Portfolio 169.
This opportunity has the following key investment highlights:
+ Fully leased modern CBD building with desired social infrastructure tenant
+ 86% of income underpinned by recently renewed 5 year lease to QLD Government to 2028 with options to 2032
+ Supported by long-term retail tenant – Healthy Noodle, on-site since 2009
+ Fixed 3% & CPI reviews
+ Expansive 1,838sqm* site purpose built for the Queensland Government in 2009
+ Impressive 681sqm office & retail building with 10 secure undercover car parks
+ Conveniently located with 20m* frontage to Haly Street, linking the D’Aguilar Highway with the Bunya Highway and connecting the South Burnett Region with exposure to 8,500+ vehicles daily*
+ Strategically positioned within 300m* of national retailers Australia Post, Woolworths, McDonald’s, KFC, Hungry Jack’s, Subway, Repco, Supercheap and Big W
+ 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: $225,702 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 27 June 2024
The Hilton, Brisbane
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Burgess Rawson & Commercial East Coast Investments are pleased to offer to the market 200 Kingston Road, Slacks Creek for sale via Offers to Purchase.
This opportunity has the following key investment highlights:
+ New 10 year net lease to 2034 plus two (2) further five (5) year options to 2044
+ Slim’s Quality Burger: from the founders of Betty’s Burgers, established in multiple locations throughout Sydney with two new outlets in Brisbane and expanding
+ Fast food restaurant with drive-thru completed and opened in May 2024
+ Significant depreciation benefits: estimate of $90,500* in the first year
+ Tenant pays all outgoings including land tax and management fees
+ Prime 74m* frontage to Kingston Road with 35,000+ vehicles passing daily*
+ Dedicated on-site parking including 7 ‘QR Code’ ordering bays
+ Located within Slacks Creek industrial precinct, alongside national retailer United Petroleum, in a new landmark retail and commercial development
+ Logan City Council: second fastest growing LGA in South-East Queensland, with the population forecast to increase 47% by 2041 to over 500,000 residents and $1.2 billion committed in future capital works projects
+ Net Income: $170,000 pa* + GST
For Sale via Offers to Purchase.
Please contact the exclusively appointed Burgess Rawson & Commercial East Coast Investments team for more information
*Approx.
Burgess Rawson is pleased to offer to the market 7-Eleven Melba ACT for sale via our Investment Auction Portfolio 169.
The property has the following investment highlights:
+ 12 year lease to 7-Eleven to 2032 plus options to 2052
+ 7-Eleven: recently purchased for $1.71B by 7-Eleven International LLC with 46,000 sites globally
+ Guaranteed rental growth with annual, fixed, compounding 3% rent increases
+ Well located metro Canberra investment 10km north west of the CBD
+ Prominent 1,967 sqm* site with large and secure rear yard
+ Easy access and 54 metre* frontage to Kingsford Smith Drive, an important suburban arterial
+ Busy convenience precinct, supported by IGA, liquor store, restaurants and local hall
+ Booming Growing Belconnen region forecast population growth of 59% by 2058^
+ Net Income: $171,124 pa*
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 25 June 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
^Treasury ACT & ABS
Burgess Rawson is pleased to offer to the market 514 South Pine Road, Everton Park QLD for sale via our Investment Portfolio 169.
This opportunity has the following key investment highlights:
+ Fully leased to long-term tenants providing significant holding income
+ Existing tenants on short term leases at below market rental rates allowing for immediate rental upside or reposition
+ High exposure 961sqm* freehold site with prime frontage to South Pine Road providing exposure to 50,000 vehicles passing daily*
+ Desirable ‘DC1 District Centre’ zoning allowing for a multitude of development outcomes, including 4 storey building height (STCA)
+ Well maintained 463sqm* NLA two storey retail & office building with outstanding frontage and signage exposure
+ Dual street access with important 15 on-site car parks
+ Unrivalled retail position directly opposite complementary national retailers Woolworths, Coles, Harvey Norman, Anaconda, Amart Furniture, BCF, Rebel, Spotlight, Supercheap Auto & KFC
+ Everton Park: blue-chip inner-city suburb only 7km* from the Brisbane CBD with median house prices increasing 10.6% in the last 12 months
+ Brisbane City: third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Gross Holding Income: $121,386 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 27 June 2024
The Hilton, Brisbane
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Burgess Rawson is pleased to offer to the market 12 Randall Drive, Salamander Bay (Port Stephens) NSW for sale via Private Treaty
This investment has the following key investment highlights:
+ Recent 5 year DIB Group head lease to 2028 + options to 2038
+ Newly upgraded service station with impressive fuel and convenience retail fit-out
+ Substantial 570sqm* corner freehold site within Salamander Bay’s popular retail precinct
+ Strategically located 56km from Newcastle CBD and 211km from Sydney
+ Metro Petroleum: Over 300 stores in Australia, with revenue in excess of $14.5b^
+ Nelson Bay: One of NSW’s premier tourist locations, forming an integral part of the Hunter Region
+ Port Stephens: tourism hotspot generating $405.5m annually^^ and attracting visitors from Sydney and Newcastle
+ Attractive annual CPI rental increases
+ Net Income: $148,732 pa* + GST
For Sale via Private Treaty
Price on Application
Please contact the exclusively appointed sales team for more information
^ metropetroleum.com.au
^^ issuu.com/portstephenscouncil
Burgess Rawson is delighted to present to the market the Parliament of Victoria leased office at Unit 30 Oleander Drive, Mill Park VIC for sale by National Investment Portfolio Auction 169.
This investment has the following highlights:
+ Renewed 4-year lease to January 2028 plus option to 2031.
+ Parliament of Victoria have occupied the property since it was newly built and is utilised as a local MP office.
+ The Hon. Lily D’Ambrosio MP represents the Labor Party and has been in the legislative assembly since 2002. She is currently the Minister for Climate Action, Energy & Resources and State Electricity Commission, she has been occupying the property in Mill Park since 2016.
+ Modern 145 sqm* premises with a quality office fit-out, dual access and direct street exposure.
+ Strong and certain rental growth with annual fixed compounding 3% increases.
+ Prominent position with 11.5m* frontage to Oleander Drive and 4 car spaces included on title.
+ Surrounded by important social infrastructure including Plenty River College, Morang South Primary School and Mill Park Secondary College.
+ Strategically positioned and surrounded by major retailers including Bunnings, Woolworths, KFC, Hungry Jack’s, Domino’s, Subway, Kool Kids Childcare, Westfield Plenty Valley, HomeCo South Morang and Rivergum Village Shopping Centre.
+ Mill Park: Has recently been ranked in the ’10 Best Suburbs to Invest In Melbourne 2024’ by Canstar(1).
+ City of Whittlesea: one of Melbourne’s fastest growing municipalities with a resident population in excess of 245,000 people and an annual economic output of $27.52 billion. (2)
+ Net Income: $62,029 pa* + GST
To be sold via Investment Portfolio Auction 169
10:30am AEST Wednesday 26 June 2024
Conference Hall, Crown Casino, Melbourne VIC
For more information, please contact the exclusive selling agents below:
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
SAM MERCURI
0413 830 709
smercuri@burgessrawson.com.au
*Approx
(1) – Canstar.com.au
(2) – REMPlan
Burgess Rawson is pleased to offer to the market the PFD Foods (Woolworths) Portfolio, for sale via our Investment Portfolio Auction 169.
This property has the following investment highlights:
+ Long 15 Year Net Lease to 2036 plus options to 2071
+ Leased to subsidiary of Woolworths Group Ltd (ASX: WOW), PFD Foods
+ Woolworths Group is Australia’s #1 retailer, with sales of $64.4 billion in FY2023.
+ PFD Foods is one of Australia’s largest food service distributors and part of Woolworths’ B2B Food division with H1 FY24 EBIT up 45.7% to $71 million
+ Attractive landlord-favourable, net lease structure; PFD Foods (Woolworths) pay rates, land tax, building insurance, public liability insurance and management fees.
+ Guaranteed rental growth with fixed annual rent increases.
+ Prime 4,046sqm* freehold site with a well presented 2,056sqm* facility within core logistics precinct
+ Rare to market freestanding Cold Storage Investment.
+ Rockhampton: a major regional city in Central Queensland and the Beef capital of Australia
+ Net income: $342,208 pa* + GST.
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 25 June 2024
Yallamundi Rooms, Sydney Opera House
One of Two PFD (Woolworths) freehold investment available as part of Burgess Rawson’s Portfolio Auction.
Please contact the exclusively appointed sales team for more information
*Approx
