CBRE are pleased to offer to the market the Lot 2 & 3, 88 Myers Street Geelong VIC (St John of God Granada Medical Centre) for sale via Investment Auction Portfolio 168.
The property has the following investment highlights:
+ Five (5) year lease terms across both tenancies to 2025 & 2026 with options to 2030 and 2031.
+ Australian Clinical Labs Ltd: ASX Listed pathology business with over 1,430 sites nationally (1) and a market capitalisation of $498.53 million. (2)
+ Kiddies Eye Care: Established in 2014, Kiddies Eye Care now have two (2) locations across Victoria with five (5) optometrists. (3)
+ 2 prime ground floor retail medical suites within the St John of God Granada Medical Centre to be sold together
+ A mixture of fixed 3% compounding annual rent increases, and annual CPI rent reviews.
+ Investor friendly net lease, with tenants paying all usual outgoings.
+ Exceptional tenant funded fit outs.
+ Surrounded by important social infrastructure including St John of God Hospital, Deakin University & Barwon Health University Hospital.
+ Strong investment into major projects within the city of Greater Geelong with over 161 projects either proposed, recently completed, commenced or approved projects totalling $13.4 billion. (4)
+ Geelong: Booming growth location contributing to over $13.6 billion in annual economic output, total over 31% for the region. (5)
+ City of Greater Geelong: largest city in Victoria, outside Melbourne with a booming population expected to increase by 37% to 396,388 by 2041. (6)
+ Outlined in the Australia Government Health Budget for 2023/24, the healthcare market has seen an increase in capital highlighted by a $102.6 billion investment, representing 15% of the Australian Government’s total Expenditure. (7)
+ Potential 50% stamp duty savings.
+ Entry level investment within tightly held Geelong CBD medical precinct.
+ Net Rent: $90,920 pa* + GST.
To be sold by Investment Portfolio Auction 168
10:30am AEST Tuesday 14 May 2024
River Room, Crown Casino, Melbourne
This property is being sold alongside one other investment within the same medical complex. Also Available:
Lot 24 – Geelong Breast Clinic (Lake Imaging)
+ Lease Term: Seven (7) years to 2028
+ Estimated Net Income: $79,090 pa* + GST.
*Approximately
(1) Australian Clinical Labs
(2) ASX – 15/4/24
(3) Kiddies Eye Care
(4) City of Greater Geelong Data Exchange
(5) REMPLAN
(6) Forecast.id
(7) Parliament of Australia
CBRE are pleased to offer to the market the Lot 24, 88 Myers Street Geelong VIC (St John of God Granada Medical Centre) for sale via Investment Auction Portfolio 168.
The property has the following investment highlights:
+ Seven (7) year lease term through to 2028 plus one (1) further five (5) option to 2033.
+ Geelong Breast Clinic (Lake Imaging): Owned by ASX listed Integral Diagnostics with a market cap of $554.5 million (1), who are a leading provider of diagnostic radiology and medical imaging throughout Central and Western Victoria, operating 19 locations. (2)
+ Strong and certain income growth with fixed annual, compounding 3% increases.
+ Investor friendly net lease, with tenants paying all usual outgoings including land tax.
+ Prime ground floor retail medical suites within the St John of God Granada Medical Centre.
+ Surrounded by important social infrastructure including St John of God Hospital, Deakin University & Barwon Health University Hospital.
+ Strong investment into major projects within the city of Greater Geelong with over 161 projects either proposed, recently completed, commenced or approved projects totalling $13.4 billion. (3)
+ Geelong: Booming growth location contributing to over $13.6 billion in annual economic output, total over 31% for the region. (4)
+ City of Greater Geelong: largest city in Victoria, outside Melbourne with a booming population expected to increase by 37% to 396,388 by 2041. (5)
+ Outlined in the Australia Government Health Budget for 2023/24, the healthcare market has seen an increase in capital highlighted by a $102.6 billion investment, representing 15% of the Australian Government’s total Expenditure. (6)
+ Entry level investment within tightly held Geelong CBD medical precinct.
+ Potential 50% stamp duty savings.
+ Net Rent: $79,090 pa* + GST.
To be sold by Investment Portfolio Auction 168
10:30am AEST Tuesday 14 May 2024
River Room, Crown Casino, Melbourne
This property is being sold alongside one other investment within the same medical complex. Also Available:
Lot 2 & 3 – Australian Clinical Labs & Kiddies Eye Care
+ Lease Terms: Five (5) Years to 2025 & 2026
+ Estimated Net Income: $90,920 pa* + GST.
*Approximately
(1) ASX – 15/4/24
(2) Lake Imaging
(3) City of Greater Geelong Data Exchange
(4) REMPLAN
(5) Forecast.id
(6) Parliament of Australia
CBRE is pleased to offer to the market Duncans Dingley Cellars, 8 Pauline Avenue, Dingley Village VIC for sale via our Investment Portfolio Auction 168.
This investment has the following key highlights:
+ Brand new Ten (10) year net lease to Duncans to 2034.
+ Two (2) further 5 year options to 2044.
+ Duncans Dingley Cellars: leading liquor retailer established in 1994, with a network of 20 stores across Victoria and Tasmania.(1)
+ Fixed 3% annual rent increases, ensuring income growth.
+ Investor preferred net lease terms with tenant responsible for all usual outgoings as per the lease.
+ Well-maintained liquor retail building with capital intensive upgrades currently in progress.
+ Prime 186sqm* metropolitan Melbourne landholding within 100m* from the Woolworths-anchored Dingley Village Shopping Centre.
+ High profile location with exposure to 10,700 passing vehicles daily via Centre Dandenong Road.
+ Long established business on-site 37+ years.
+ City of Kingston: fast-growing municipality, population forecast to surge 17.81% to 195,819 by 2041.(2)
+ Net Income: $58,655 pa* + GST.
For Sale by Investment Portfolio Auction
10:30am AEST Tuesday 14 May 2024
River Room, Crown Casino, Melbourne
* Approx
(1) Duncans
(2) Forecast.id
CBRE is pleased to offer Insight EL Dubbo – 67 Cove Circuit, Dubbo NSW, for sale via our Investment Portfolio Auction 168.
The property has the following investment highlights:
+ New 15 year net lease to 2039 plus options
+ Attractive compounding fixed 3.5% annual rent reviews ensuring income growth
+ High-end brand new purpose built 91 LDC place centre – offers maximum depreciation allowances
+ Land-rich 2,438sqm* prime corner opposite proposed 7,500sqm Shopping Centre and sold-out residential lots
+ High childcare demand location underpinned by 9 schools within a 8-minute drive
+ Prime position in Southlakes Estate, Dubbo’s largest master planned residential community with over 2,600 lots
+ Land tax free commercial investment (NSW only)
+ Child Care/Early Education is an essential service and one of Australia’s most sought-after asset classes, heavily supported by Federal and State government funding. In 2023-2024, the Federal Government contributed over $11.6 billion in funding for early childhood education plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in 2023. This reform aims to make early education and care more affordable for around 1.3 million families across the country.^
Net Income: $304,000 pa* + GST
To be sold by Investment Portfolio Auction
10:30 am AEDT Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register here: www.portfolioauctions.com.au
Please contact the exclusively appointed CBRE team for more information.
*Approx
^ Australia Government Productivity Commission website
CBRE is pleased to offer Bluebird EEC Cardiff – 41 Pendlebury Road, Cardiff (Newcastle) NSW, for sale via our Investment Portfolio Auction 168.
The property has the following investment highlights:
+ New 15 year net lease to 2039 plus three 10 year options to 2069
+ Tenant pays 100% of all usual outgoings, including rates, land tax, insurances and maintenance
+ Greater of 3% or CPI increases ensures income growth
+ Bluebird Early Education: premium experienced national operator with 20+ centres
+ State-of-the-art brand new 100 LDC place purpose built centre, completed in 2024 offering maximum depreciation benefits
+ Significant 3,275sqm* main road corner site
+ Ideal location – 16 schools in within 3km* of the property
+ Strategic position set amongst McDonald’s, Woolworths, ALDI & core employment hubs
+ Cardiff: median house prices soaring 63.6%^^ over past 5 years
+ Land tax free commercial investment (NSW only)
+ Child Care/Early Education is an essential service and one of Australia’s most sought-after asset classes, heavily supported by Federal and State government funding. In 2023-2024, the Federal Government contributed over $11.6 billion in funding for early childhood education plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in 2023. This reform aims to make early education and care more affordable for around 1.3 million families across the country.^
+ Net Income: $425,000 pa* + GST
To be sold by Investment Portfolio Auction
10:30 am AEDT Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register here: www.portfolioauctions.com.au
Please contact the exclusively appointed CBRE team for more information.
*Approx
^ Australian Government Productivity Commission website
^^ Corelogic
CBRE is pleased to offer to market this Australia Post anchored investment at 92 Wallendoon Street, Cootamundra NSW for sale.
The property has the following investment highlights:
+ 5 year lease to Australia Post to Dec 2027 plus option to 2032
+ Long established post office location
+ Australia Post: Commonwealth Govt corporation with 4,271 locations, employing 63,000+ people & generating revenue in excess of $8.9 billion^
+ Includes longstanding CMS Surveyors office
+ Landlord friendly net lease investment, tenants responsible for all usual outgoings
+ Prime 2,021sqm* corner freehold close to Woolworths and other local supporting infrastructure including courthouse, town hall, and library
+ Cootamundra: part of the Riverina region of NSW, popular food and wine destination with a population of 173,500+ people^^
+ Net Income: $55,520 pa* + GST
Please contact the exclusively appointed sales team for more information.
*approx.
^auspost.com.au
^^profile.id.com.au
CBRE is pleased to offer 5 Tennent Road, Mount Hutton (Newcastle) NSW, for sale via our Investment Portfolio Auction 168.
The property has the following investment highlights:
+ Triple net lease to 2026 plus a further 5 year option to 2031
+ Goodstart Early Learning: Australia’s largest early education provider with 660 centres nationally
+ Triple net lease structure – Tenant pays 100% of outgoings incl. Management Fees, Repairs & Maintenance and Structural Capex
+ Lease secured by Bank Guarantee equivalent to 6 months’ Rent and Outgoings (plus GST)
+ Strong rental uplift from below market rental ($2,348/place) and uncapped CPI rent reviews
+ Well presented 38 LDC place centre rated ‘Exceeding’ NQS^
+ Ideal position – 18 schools in 3km* of the property
+ Strategically located close to ALDI, Mount Hutton public school & Woolworths/Coles Lake Macquarie Shopping Centre
+ Mount Hutton: 9km* from Newcastle CBD, forecast to grow over 21% by 2046
+ Child Care/Early Education is an essential service and one of Australia’s most sought-after asset classes, heavily supported by Federal and State government funding. In 2023-2024, the Federal Government contributed over $11.6 billion in funding for early childhood education plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in 2023. This reform aims to make early education and care more affordable for around 1.3 million families across the country.^^
+ Net Income: $89,217 pa* + GST
To be sold by Investment Portfolio Auction
10:30 am AEDT Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register here: www.portfolioauctions.com.au’
Please contact the exclusively appointed CBRE team for more information.
*Approx
**Gapmaps webportal
^National Quality Standard – Childcare
^^Australian Government – Department of Education | Child Care Subsidy Reform
CBRE is pleased to offer EG Caboolture South (Brisbane) QLD to the market via for sale via our Investment Portfolio Auction 168.
The property has the following investment features:
+ Brand new twelve (12) year lease through to 2036 with five (5) further five (5) year options to 2061 – a whole of land lease direct to EG Group
+ EG Group: Multinational fuel and convenience retailer with $33 billion annual revenue & 6,612+ locations globally.(1)
+ Oporto: National fast-food operator, part of Craveable Brands operating 580+ restaurants including Oporto, Red Rooster & Chicken Treat, owned by PAG Asia Capital.(2)
+ Brand new state-of-the-art fuel and convenience retail centre including Oporto dual lane drive-thru offering.
+ Highly desirable General Residential – Urban Neighbourhood zoning allowing for development up to seven (7) levels.
+ Desirable annual CPI rent reviews (min 2%, max 4%).
+ High profile 2,687 sqm* freehold with corner frontage with over 245,000 vehicles passing weekly.
+ Important Convenience retail location, nearby to the Woolworths anchored Market Plaza Shopping Centre and Leda Property’s Morayfield Shopping Centre with 6 million annual visitors.(3)
+ Brand new 2024 construction, offering significant 107% tax depreciation benefits meaning $518,000 of year one rent is potentially tax deductable.
+ Major investment into the Moreton Bay Region with the Queensland Government committing over $6 billion into improving the region for FY23-24 budget.(4)
+ Caboolture: Booming median house price which has increased by 36.9% since April 2021.(5)
+ City of Moreton Bay: Australia’s third largest LGA by population, forecasted to grow to over 796,000 by 2046 (6) and currently generates $19.9 billion in gross regional product supported by over 158,800 local jobs.(7)
+ Net Income: $485,024 pa* + GST.
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register here: www.portfolioauctions.com.au
Please contact the exclusively appointed CBRE team for more information.
*Approximately
(1) EG Group
(2) Oporto
(3) Morayfield Shopping Centre
(4) Regional Action Plan – Moreton Bay Budget
(5) realestate.com.au
(6) Queensland Regional Profiles: Resident – Moreton Bay
(7) Profile.id
Burgess Rawson are pleased to present the Gladstone Veterinary Clinic located at 60 Philip Street, Sun Valley (Gladstone) QLD for sale via Investment Portfolio Auction 168.
This opportunity has the following key investment highlights:
+ Recently renewed seven (7) year lease to September 2031
+ Two (2) further five (5) year options to 2041
+ Gladstone Veterinary Clinic: established veterinary practice with 20+ year’s experience and partnered with Vets Central
+ Vet Central: Australia’s only owned and operated veterinary group aligned with leading private equity firm Pemba Capital Partners
+ Landlord favourable CPI reviews with ratchet provisions, ensuring income growth
+ Tenant pays usual outgoings as per lease
+ Well-maintained 316sqm* NLA veterinary clinic fully equipped with examination rooms, diagnostic machines and a dedicated surgery area
+ Well-positioned 817qm* landholding with 7 on-site car spaces and direct frontage to Philip Street – a key roadway connecting the Dawson Highway to main arterials and exposure to over 10,000* passing vehicles daily*
+ Strategically located within close proximity of Gladstone’s integral social and commercial infrastructure including Gladstone Airport (2km*) and Gladstone Centre Plaza (1.5km*), underpinned by Woolworths, Big W, Kmart, Coles and 49 specialty retailers
+ Gladstone Regional Council: strong and dynamic regional economy with a population projected to increase to 75,327 people by 2041^
+ Net Income: $61,292 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 16 May 2024
The Hilton, Brisbane
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
^ Gladstone Regional Council
CBRE are pleased to present the Scenic Rim Veterinary Clinic located at 16 Elliot Road, Boonah QLD for sale via Investment Portfolio Auction 168.
This opportunity has the following key investment highlights:
+ Five (5) year net lease to July 2026
+ Two (2) further three (3) year options to July 2032
+ Scenic Rim Veterinary Service: established local veterinary clinic with 2 locations across South-East Queensland and in partnership with ASX listed healthcare group Apiam Animal Health
+ Apiam Animal Health (ASX: AHX): Australia’s largest rural & regional veterinary groups with 70+ clinics nationally and a gross profit (FY23) of $125.3 million (28.6% increase YoY)
+ Landlord favourable CPI reviews with ratchet provisions, ensuring consistent income growth
+ Tenant pays 100% of all outgoings including land tax
+ Well maintained 120sqm* NLA veterinary clinic, fully equipped with examination rooms, diagnostic machines and a dedicated surgery area
+ Single tenant minimum management investment
+ Well-positioned 6,000sqm* landholding, with extensive parking and direct access to the adjoining Coronation Drive (direct exposure to over 4,000 vehicles daily)*^
+ Located within proximity of Boonah’s integral social and commercial infrastructure, including Boonah CBD (1.6km*), underpinned by IGA and Mitre 10, Boonah Health Centre (1.5km*), Boonah Showgrounds (1.5km*)
+ Scenic Rim Regional Council: strong and dynamic regional economy with a population projected to increase exponentially to 67,000 by 2041^^
+ Net Income $43,903 pa* + GST (as at July 2024)^^^
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 16 May 2024
The Hilton, Brisbane
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed CBRE team for more information.
*Approx.
^ Gapmaps
^^ Scenic Rim Regional Council
^^^ (Assumed 4% CPI Increase as at July 2024)
