CBRE are pleased to offer to market Bakers Delight, 111 Lower Plenty Road, Rosanna (Melbourne) VIC for sale via our National Investment Portfolio Auction 169.
This investment has the following key highlights:
+ Proven store, with Bakers Delight trading on-site circa 40 years.
+ Recent 2021 tenant funded store upgrades to latest Bakers Delight corporate standard.
+ Renewed Five (5) year lease through to 2025 plus options to 2035 to longstanding tenant.
+ Bakers Delight: multi-national bakery with 700+ locations.
+ Investor preferred net lease terms, with tenant paying all usual outgoings as per lease.
+ Low rent per/sqm providing opportunity for future rental uplift.
+ Guaranteed growth, with fixed 3% rent increases.
+ Well-presented 154sqm* bakery with important rear access.
+ ROW at rear of site provides critical loading access for both trucks and vans.
+ High profile 162sqm* freehold Commercial 1 Zone (C1Z) site on main retail strip.
+ Prominent position on busy Lower Plenty Road with 17,400 vehicles passing daily. (1)
+ Situated amongst IGA supermarket, Australia Post, Chemist Warehouse and Rosanna train station.
+ Easily accessible for customers with on-street parking at front and 140+ car parks at rear.
+ Rosanna: booming metro suburb only 12km* from CBD, population forecast to grow 41% by 2046. (2)
+ Net Income: $36,853 pa* + GST (as at July 2024)
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 26 June 2024
Level 2, Conference Hall, Crown Promenade, Melbourne
*Approx
1. GapMaps
2. .id
CBRE is pleased to offer to the market the leased investment Grill’d restaurant at Subiaco Square Road, Subiaco (Perth), WA for sale via our Investment Portfolio 169.
The property has the following investment highlights:
+ Brand new five (5) year Grill’d head office lease to October 2028 plus options to 2038
+ Strong and certain rental growth with fixed 4% rent increases annually
+ Investor preferred net lease terms with Grill’d paying all usual outgoings including land tax
+ Strategic inner-metro location, situated next to Subiaco Train Station, with 14,384 travellers passing daily and the main thorough fare through to Rokeby Road
+ Grill’d: Established in 2004 and successfully operating for 20 years with 170+ stores and 4400+ employees nationwide (1)
+ State-of-the-art restaurant fitted out to Grill’d latest corporate design and layout
+ High-profile 232sqm* corner restaurant with substantial 58m* combined frontage and exposure (2)
+ Situated within close proximity to Subi Square and Marketland Subi Shopping Centres anchored by Woolworths, Coles, BWS, Target and Subway
+ Subiaco: Affluent inner-metro Perth suburb, with a median house price of $1,620,000 (3)
+ Western Australia experienced the highest growth in housing prices nationally in the last 12 months, registering a 16.32% increase (4)
+ Net Income: $103,626 pa* + GST
To be sold by Investment Portfolio Auction (unless sold prior):
10:30am AEST Wednesday 26 June 2024
Crown Casino, Melbourne
*Approximately
1 – Grill’d
2 – Gapmaps
3 – Realestate.com.au
4- PropTrack Home Price Index
CBRE are pleased to offer to the market Viva Energy Convenience Retail Investment at 115 Dixon Road East Rockingham WA for sale via Auction Investment Portfolio 169.
The property has the following key investment highlights:
+ Brand new fifteen (15) year lease to 2038 with a four further five (5) year options to 2058
+ Strong and certain rental growth with fixed 3% rent increases annually
+ Landlord-favourable lease terms with tenant responsible for all usual outgoings including land tax and management fees ($13,132.5 per year)
+ Viva Energy Limited (ASX: VEA): Blue-chip $5.5 billion ASX200 company & Shell’s Australian licensee controlling 20% of the retail fuel market (1)
+ Major arterial location with 26,000* cars and 2,200* heavy vehicles passing daily with direct connection to Kwinana Freeway linking Western Australia’s major freeways and arterials (2)
+ Brand new 2023 construction, offering state-of-the-art fuel infrastructure and tax-saving depreciation benefits
+ Substantial retail store built to Liberty’s impressive corporate layout and convenience retail design and dual-fuel canopies with a separate truck canopy
+ Prominent 2,941sqm* corner freehold site with 4 crossovers including important truck ingress and egress
+ Outstanding 142 meters* of frontage and exposure (2)
+ Within a 5km radius of the site, over 30,500 vehicles spend a total of $51.81 million of fuel annually (2)
+ East Rockingham: Booming metro Perth industrial and logistic precinct within proximity of major national tenants Toll & QUBE Logistics, Elders, Reece, Fenner and Veolia Waste Management
+ City of Rockingham: Population of over 149,000 and the city is forecast to grow 55% to 232,000 by 2046 (3)
+ Net Income: $437,750 pa* + GST as of August 2024
To be sold by Investment Portfolio Auction (unless sold prior):
10:30am (AEST)
Wednesday, 26 June 2024
Crown Casino, Melbourne
*Approximately
1 – ASX – 25/05/2024
2 – Gapmaps
3 – Forecast id
CBRE and Commercial Collective are pleased to offer to the market Pacific Smiles Dental at 64 Junction Street, Nowra NSW for sale via Investment Auction Portfolio 169.
The property has the following investment highlights:
+ Leased to ASX listed tenant Pacific Smiles Dental to 2030 + option to 2035
+ Longstanding dental practice occupied by Pacific Smiles since 2010
+ Pacific Smiles Dental: ASX listed dental powerhouse with 120+ locations
+ Substantial 677sqm* landholding with valuable onsite parking
+ Attractive annual increases (greater of 3% or CPI), ensuring income growth
+ Strategic position in Nowra surrounded by supporting occupants including a general practitioner and an audiologist
+ Close proximity to fast food giant McDonald’s, and Nowra Shopping Mall, with national brands including Coles and Woolworths
+ Easily managed single tenant investment
+ Nowra: Booming South Coast location with a Shoalhaven region population of 109,418, expected to surge 30% by 2051 to 142,936
+ Net Income: $102,939 pa* + GST
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
forecast.id.com.au
CBRE and Commercial Collective are pleased to offer to market 6 Molly Morgan Drive, East Maitland NSW for sale via Investment Auction Portfolio 169.
The property has the following investment highlights:
+ Anchored by ASX listed tenant Pacific Smiles Group to 2026 + option to 2031
+ Pacific Smiles Group: ASX listed dental powerhouse with 120+ locations
+ Good Health Greenhills: long established medical centre offering multiple health services
+ Commercial centre supported by medical, fast food, retail and office tenants
+ Favourable rent reviews with a mix of CPI and fixed 3% per annum
+ Highly desirable net lease structure with tenants responsible for all outgoings including land tax (as per leases)
+ Expansive and well configured 2,400sqm* freehold landholding improved by an impressive 1,416sqm* building
+ Future value and development upside potential, zoned E2: Commercial Centre with 2:1 FSR
+ Strategic location opposite Stockland Green Hills with close proximity to McDonald’s, KFC, Dan Murphy’s, Maitland Hospital and Maitland Private Hospital
+ Positioned less than a minute from the New England Highway, a major arterial servicing the east coast of NSW, with over 38,000* vehicles travelling daily
+ Maitland: Economic output of $10.9m with the largest industry by employment being healthcare. East Maitland is located approx. 170km* north of Sydney CBD and 30km* to Newcastle CBD
+ Maitland has been named the fastest growing regional area for FY22/23 with a current population of 476,654+
+ Net Income: $465,132 pa* GST
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
forecast.id.com.au
An exceptional opportunity awaits at Shop 5/840 Fifteenth Street, Mildura. Currently occupied by a finance company that is relocating, this commercial space boasts a modern and well-maintained fitout in “as-new’ condition.
Perfect for a variety of businesses, the premises include:
+ Open Showroom: A spacious area ideal for displaying products or welcoming clients.
+ Three Offices: Private spaces for staff or consultations.
+ Staff Amenities: Includes a kitchen staff room and accessible bathroom.
+ Plenty of Storage: Ample storage solutions to keep your business organized.
Fixtures and Fittings:
+ Reverse cycle air-conditioning
+ Automatic front entrance doors
+ Electric hot water service
+ All lighting
+ Portable fire equipment
Additional features include:
+ Floor coverings: High-quality finishes throughout the premises.
+ On-Site Car Parking: Convenient parking for staff and clients.
+ Zoning: Commercial One zoning, suitable for a wide range of business uses.
Don’t miss this opportunity to lease a prime commercial space in a thriving area.
Contact us today to arrange an inspection or for more information.
CBRE is pleased to present Shops 2 & 3, 37 Bank Street, Cobram for lease. This rare opportunity provides a prospective tenant the opportunity to position their business within the retail heart of Cobram. The property has the following key highlights:
+ 660sqm* of open plan showroom with rear lane access for deliveries and warehousing.
+ Blue-chip position within close proximity to a number of major retailers including IGA, Australia Post, Subway, McDonald’s, The Reject Shop, K Hub and Betta Electrical.
+ 16m* of retail frontage to Bank Street.
+ Immediately surrounded by more than 80 car parking spaces.
+ Cobram: annual economic output of $1.3 billion.**
+ Cobram: manufacturing is the largest sector for employment contributing 17% of total jobs.**
+ Cobram: median house price growth of 26% since May 21.*** For more information, please contact one of the listed agents..
*Approx. **Remplan. ***Realestate.com.au
CBRE are pleased to offer the fully leased EHI Australia freehold investment located at 29 Excellence Drive, Wangara WA for sale via Expressions of Interest closing Thursday 27 June 2024.
Investment highlights include:
+ Newly renewed 7 Year lease to EHI Australia plus 2 x 5 Year options to 2041
+ EHI Australia: wholly owned by Colson Group, the largest manufacturer of castor and wheel products in the world, supplier to Bunnings Warehouse
+ Colson Group is a portfolio company of New York based private equity firm Blue Wolf Capital Partners with $2.9Billion USD in capital
+ Investor preferred net lease terms with EHI Australia paying all outgoings including land tax and insurance
+ Fixed 3.25% annual rent increases assuring growth
+ Currently undergoing major capital improvement & building extension, offering depreciation benefits & securing tenant’s long-term needs
+ Substantial 10,016sqm* freehold site located within the tightly held Wangara Industrial precinct
+ Modern 5,817sqm* warehouse/office space plus additional 825sqm enclosed unloading area
+ Excellent internal height of 11m with additional mezzanine storage space
+ Strategic location surrounded with major industrial and bulky goods tenants such as Bunnings, Reece Plumbing and National Storage.
+ Easy access to Hartman Drive (219,500 vehicles passing weekly), Ocean Reef Road and Mitchell Freeway
+ Single tenant minimum management investment
+ Wangara: One of Perth’s busiest industrial areas approximately 20km north of the Perth CBD
+ Perth: One of Australia’s tightly held and sought-after industrial markets, with a close to all-time low vacancy rate of 1.6% as at Q4 2023.
+ Net Income: $680,000 pa + GST
Expressions of Interest
Closing 3pm (AWST) Thursday 27 June 2024
For further information please contact the agents directly
*Approx.
CBRE is pleased to offer the Ground-Floor, 16-20 Sargood Street, Altona for lease. This high exposure opportunity is located within the premium Lido development. Key property features include:
+ 125sqm* corner ground-floor remaining.
+ 59sqm* additional office space with frontage to Sargood Street.
+ 26m* of frontage to Blyth Street.
+ Suitable for a variety of uses (STCA).
+ Directly opposite Coles with 67+ car parks.
+ Less than 130m* from Altona Train Station.
+ Altona: population forecast to increase 19% to 17,453 by 2041.**
+ Altona: current median house price of $1,080,000.*** For more information about this opportunity, please contact James Bergman on 0413 830 707.
*Approx **Forecast.id ***Realestate.com.au
CBRE is pleased to offer to the market 57 Lemon Avenue, Mildura VIC for lease.
This opportunity has the following features:
+ Stylish office amenities with a unique design
+ Spacious warehouse with high clearance roller doors
+ Approximately 382 sqm of total floorspace
+ Polished concrete floors and exposed brick, glass, and timber elements
+ Mezzanine level with boardroom and offices
+ Security system and CCTV cameras
+ Rear lane access with remote control security gates
+ Excellent staff amenities
+ Off-street parking
+ Mildura: Bustling commercial centre of Sunraysia and Murray River region, trade catchment circa 60,000 and growing.
For more information or to arrange an inspection, please contact us.
