Properties Archive

2/7 Hollingsworth, Cobblebank VIC 3338

Burgess Rawson are delighted to present to the market CS Education at 2, 7 Hollingsworth Drive, Cobblebank (Melton) VIC for sale by Investment Portfolio Auction 168.

This investment has the following highlights:

+ Long 7-year net lease to December 2030 plus options to 2040.
+ CS Education: Tuition business established in 2002 providing comprehensive coaching and tutoring services from kindergarten to Year 6. The group now has 33 locations across Victoria, New South Wales, Queensland and South Australia.
+ Landlord preferred, net lease terms with tenants paying all usual outgoings.
+ Strong and certain rental growth with annual fixed 3% increases.
+ Brand new 124 sqm* premises with access to 124 public car spaces.
+ Surrounded by complimentary business’ including Aspire Childcare, Dee Ann’s Supermarket, Domino’s, Your Choice Liquor, Blue Hippo Laundry, Eagle Kebab, Amelia Café & more.
+ Brand new providing significant tax saving depreciation benefits.
+ Strategic position with 7 schools (5,526 students) and 8 childcare centres within 3km.
+ Central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre.
+ Future $900M Melton Hospital: 600 metres* from the subject property, 274+ beds, 24 hour emergency department expected to create more than 700 – 1,700 direct and indirect jobs during construction.**
+ City of Melton: Booming Melbourne growth suburb, 98% forecast population growth by 2051.***
+ Net Income: $43,400 pa* + GST

To be sold via Investment Portfolio Auction 168
10:30am AEST Tuesday 14 May 2024
River Room, Crown Casino, Melbourne VIC

For more information, please contact the exclusive selling agents below:

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

ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au

SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au

*Approx
**VHBA
***Forecast.id

7/121 Grices Road, Clyde North VIC 3978

Burgess Rawson are delighted to present to the market Heritance Restaurant & Bar at 7, 121 Grices Road, Clyde North VIC for sale by Investment Portfolio Auction 168.

This investment has the following highlights:

+ Long 7-year net lease to December 2030 plus options to 2040.
+ Immaculate 84 sqm* premises with brand new modern hospitality fit-out.
+ Heritance Restaurant & Bar: Popular modern Sri Lankan restaurant with dine in and delivery.
+ Landlord preferred, net lease terms with tenants paying all usual outgoings.
+ Strong and certain rental growth with annual fixed 3% increases.
+ Prominent and direct frontage to an 89-space public car park.
+ Brand new providing significant tax saving depreciation benefits.
+ Single tenant minimum management investment.
+ Surrounded by important social infrastructure including 9 schools with over 7,500 full-time students.**
+ Strategically positioned and surrounded by complimentary business’ including Story House Childcare, Snap Fitness, Berwick Clyde Vet, Sri Murugan Supermarket, cafes, restaurants & more.
+ City of Casey, Melbourne’s major south-east growth LGA, with population forecast to increase 45% to 574,124 by 2046.***
+ Net Income: $52,500 pa* + GST

To be sold via Investment Portfolio Auction 168
10:30am AEST Tuesday 14 May 2024
River Room, Crown Casino, Melbourne VIC

For more information, please contact the exclusive selling agents below:

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

ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au

SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au

*Approx
**GapMaps
***forecast.id

429 Goodwood Road, Westbourne Park SA 5041

Burgess Rawson are delighted to present to market the brand new Hungry Jacks located in Westbourne Park SA for sale via Investment Portfolio Auction 168.

This prime investment has the following key highlights:

+ Brand new Twelve (12) year lease to February 2036 plus options to 2056.
+ Hungry Jack’s: wholly owned subsidiary of Competitive Foods Australia Pty Ltd with annual revenue of $2 billion, up 12% from 2022. (1)
+ New 2024 construction providing significant depreciation benefits.
+ High-profile 1,411sqm* corner freehold with substantial 75m* combined frontage and exposure.
+ Dual level state-of-the-art restaurant fitted out to Hungry Jack’s latest corporate layout with important dual lane drive thru and 15 car spaces on title.
+ Strategic inner-metro outbound location, with 31,600* vehicles passing daily via Goodwood Road. (2)
+ Investor preferred net lease terms with Hungry Jack’s paying all usual outgoings excluding land tax.
+ Fixed 3% rent increases annually.
+ Situated within close proximity to Cumberland Park Woolworths and Big W, Castle Plaza Shopping Mall (Coles, Cellarbrations + 50 retailers), Mitcham Square Shopping Centre (Woolworths + 58 retailers) and only 4.5km* from the Adelaide CBD.
+ Westbourne Park: Affluent inner-metro Adelaide suburb, with a median house price of $1,473,750. (3)
+ South Australia: #1 performing economy in Australia, leading the country in 4 of the key economic indicators. (4)
+ Net Income: $226,205 pa* + GST.

To be sold via Investment Portfolio Auction 168
On Wednesday, 15 May 2024
At Sydney Opera House, Sydney

Please contact the Burgess Rawson team for further information.

Approx*
1. Competitive Foods Australia
2. GapMaps
3. Realestate.com.au
4. CommSec State of States Report

17 Ginger Street, Zuccoli NT

Burgess Rawson and McGees Property are pleased to offer to the market Zuccoli Early Learners located at 17 Ginger Street, Zuccoli (Darwin) NT via Private Sale.

The property has the following investment highlights:

+ Ten (10) year net lease to 2028 plus options to 2048.
+ Zuccoli Early Learners: established and successful operator with three locations.
+ Fixed 3% annual rent increases, plus ratchet provisions at market reviews ensuring future rental growth.
+ Tenant pays all outgoings including management fees. No land tax in NT.
+ Strong trading centre, licensed for 160 LDC places.
+ Strategically located in a key education precinct, directly opposite Mother Terese Catholic Primary School and Zuccoli Primary School and within close proximity to Mackillop College.
+ Expansive 3,140sqm site boasting three street frontages and strategically located within the Aspire masterplan community, seamlessly connecting to the adjacent Zuccoli Village. Upon completion, both communities will collectively accommodate 2,300+ homes, with excellent access to key retail, commercial and transport amenities, and ideally located within a 25-minute drive from the Darwin CBD.
+ The City of Palmerston: highest demographic of children under 5 years in Australia, and the second fastest growing area in the Northern Territory2^
+ 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: $477,620 pa* + GST (as at September 2024)

*Approx.
^ Gapmaps
2 Treasury.nt.gov.au
^^^ Australian Government Department of Education

37-41 Best Street, Devonport TAS 7310

Burgess Rawson in conjunction with Knight Frank Devonport are pleased to offer to the market the fully leased Dominant Toyota Dealership and Multi Brand Service Centre investment located at 37-41 Best Street, Devonport for sale via Portfolio Auction Tuesday 14 May 2024 at Crown Casino, Melbourne.

Key Investment highlights include:

+ Ten (10) year lease to 2030 plus two (2) further ten (10) year options to 2050.
+ Multi-faceted operation with dominant Toyota Dealership and Isuzu UTE Sales plus service and VW authorised service outlet ensuring excellent spread of income.
+ Toyota: world leading major Japanese owned brand which operates over 67 manufacturing companies, markets vehicles in over 170+ countries and regions and employs over 370,000 people worldwide (1)
+Toyota: Australia and Tasmania’s top selling car brand in 2023* with a presence in the Devonport area dating back to 1969*
+ Tenant part of ‘Tony White Group’ a thriving national market leader with 59* dealerships along the East Coast of Australia employing 2,500 staff and selling over 73,980* vehicles in 2022.
+ The same tenant operates the nearest Toyota Dealerships in Launceston (100km*) and Burnie (51.5km*) plus strong presence across numerous brands and locations throughout Tasmania.
+ Landlord favourable, attractive net lease terms with the tenant responsible for council rates, water rates and single holding land tax.
+ Strong and certain income growth with fixed annual, compounding 3% increases.
+ Modern C2009 built dealership of 1,863*sqm, incorporating showroom, administration accommodation, service centre, workshop and major display yard.
+ Significant 5,038sqm* ‘Central Business Zoned’ CBD corner landholding providing combined frontage of 133 metres* to Fenton and Best Street – Devonport’s major CBD thoroughfare.
+ Strategically located within the growing Devonport CBD zone, a short distance to Woolworths, Coles & K-Mart (250m*), The Rooke Street Mall (200m*) and the brand new Novotel Hotel (200m).
+ Devonport: largest North-West Coast City, major service centre, port and daily/tourism link to Melbourne and 70,000 people residing within 35kms*
+ Minimal management investment
+ Estimated Net Income: $449,661 pa* + GST

For Sale by Portfolio Auction, Crown Casino, Melbourne
From 10:30am (AEST) Tuesday 14 May 2024
For further information please contact the agents directly

*Approximately
(1) Toyota
(2) GapMaps
(4) Forecast.id
(5) Devonport City Council

Lot 3, 80-90 Morayfield Road, Caboolture QLD 4510

Burgess Rawson is pleased to offer Carls Jr Caboolture South (Brisbane) QLD to the market for sale via our Investment Portfolio Auction 168.

The property has the following investment features:

+ Brand new fifteen (15) year lease through to 2039 with two (2) further five (5) year options to 2049.
+ Carls Jr: Leading global fast-food operator with 3,800+ stores globally. (1)
+Brand new state-of-the-art Carl’s Jr freestanding dual drive-thru facility.
+ Significant 93% tax depreciation benefits meaning $245,000 of year one is potentially tax deductable.
+ Strong and certain rental growth with compounding fixed 3% annual increases.
+ Highly desirable General Residential – Urban Neighbourhood zoning allowing for development up to seven (7) levels.
+ Prominent 1,829 sqm* freehold with corner frontage with over 245,000 vehicles passing weekly. (2)
+ Strategic position in close proximity to the Woolworths anchored Market Plaza Shopping Centre and Leda Property’s Morayfield Shopping Centre with 6 million annual visitors. (3)
+ 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: $262,545 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 Burgess Rawson team for more information.

*Approximately
(1) Carl’s Jr
(2) GapMaps
(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

Lot 2 & 3/88 Myers Street, Geelong VIC 3220

Burgess Rawson 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

Lot 24/88 Myers Street, Geelong VIC 3220

Burgess Rawson 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

8 Pauline Avenue, Dingley Village VIC 3172

Burgess Rawson 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

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