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)
CBRE and Wes Davidson Real Estate are pleased to offer to the market Pets Domain, 85 & 85A Wilson Street, Horsham VIC for sale via our Investment Portfolio Auction 168.
This investment has the following key highlights:
+ Brand new Ten (10) year lease to Pets Domain to 2034 plus options to 2044.
+ Pets Domain: a wholly owned subsidiary of Pet Solutions with product lines including Natures Best, plus 70 stores across AUS. (1)
+ Investor preferred net lease terms with tenant responsible for all usual outgoings as per the lease.
+ Fixed 3.5% annual rent increases, ensuring income growth.
+ Impressive 1,230sqm* building with incorporating brand new Pets Domain store and important side truck loading.
+ High profile 1,358sqm* C1Z freehold site on busy Wimmera Highway.
+ Prime CBD position amongst Horsham Plaza, ALDI, Target, Viva/OTR, EG Fuel and Supercheap Auto.
+ Potential 50% stamp duty savings.
+ Horsham: capital of North-Western Victoria midway between Melbourne and Adelaide with 55,000+ trade catchment.
+ Net Income: $123,749pa* + GST.
For Sale by Investment Portfolio Auction
10:30am AEST Tuesday 14 May 2024
River Room, Crown Casino, Melbourne
* Approx
1. Pets Domain
CBRE are pleased to offer the fully leased Skoda freehold investment located at 24-26 Overton Road & 35 New Street, Frankston VIC for sale via Expressions of Interest closing Tuesday 21 May 2024.
Investment highlights include:
+ Irreplaceable 6,693 sqm* corner landholding providing combined frontage of 115 metres* to Overton Road.
+ Strategic location within the premium automotive showroom precinct which includes Ford, Toyota, Kia, Hyundai, Nissan, Subaru, Mitsubishi plus many more.
+ Within 400m* Frankston Freeway and Frankston-Dandenong Road on and off ramps, seeing a combined 84,000 vehicles passing daily. (1)
+ Skoda: Major European brand owned by Volkswagen, operating in over 100 countries globally and 67 dealerships across Australia. (2)
+ Thriving industry: Skoda’s Australian car sales up 23% year-on-year. (3)
+ Five year lease to through to 2027 plus three further five year options through to 2042.
+ Strong and certain income growth with fixed annual, compounding 3% increases.
+ Recent $1 million showroom fit-out and upgrade carried out by the tenant to Skoda’s corporate layout and design.
+ Minimal management investment, investor friendly net lease, with tenant paying all usual outgoings.
+ Frankston: Major commercial, retail, education and transport hub servicing the Mornington Peninsula, with a growing population forecast to increase 40% by 2041. (4)
+ Frankston is the gateway to the Mornington Peninsula: Tourism up 55% year-on-year with total domestic tourists reaching 8.23 million people. (5)
+ Estimated Net Income: $323,873 pa* + GST.
Expressions of Interest
Closing 3pm (AEST) Tuesday 21 May 2024
For further information please contact the agents directly
*Approximately
(1) GapMaps
(2) Skoda Australia
(3) FCAI 22-23
(4) Forecast.id
(5) Mornington Peninsula Shire
CBRE together with Gagliardi Scott are pleased to offer to the market 23 Nixon Street, Shepparton VIC for sale via Private Sale.
The property has the following investment highlights:
+ Modern high-quality 1,150sqm office facility over two levels
+ Quality ‘turn-key’ fit-out with clever design for circa 50 employees
+ Architecturally crafted to maximize natural light with impressive street facade
+ Layout includes impressive reception, 14 private office suites, conference rooms, boardrooms plus open-plan areas with designated workstations
+ Both levels feature staff facilities, communications room, and ample storage
+ Rear access with electronic roller door entry and secure parking for up to 15 vehicles undercover
+ Prime location overlooking Queens Gardens in close proximity to City of Greater Shepparton Council Offices
+ Desirable position in absolute heart of Shepparton’s business / legal precinct
+ ‘Turn Key ‘ facility available for immediate occupancy
+ Shepparton: major regional city with a 160,000+ trade catchment
+ Potential 50% stamp duty saving.
+ Potential income circa $235,000pa*
For sale price range $2,900,000 – $3,100,000
Please contact the exclusively appointed team for more information.
*Approx
CBRE and Alex Scott Leongatha are pleased to offer to the market, DF Fitness Centre in Leongatha VIC for sale via our Investment Auction Portfolio 168.
The property has the following investment highlights:
+ 5 year lease to January 2026 plus 5 + 5 year options to 2036
+ Investor preferred net lease terms with tenant paying usual outgoings as per lease
+ Fixed 2.5% annual rent increases
+ Low rent per/sqm providing for potential significant future rental uplift
+ Long established health & fitness club since circa 2003
+ Health club expanded into 51a McCartin Street since 2016
+ Long successful and experienced proprietor circa 16 years
+ Membership up circa 20% in last 12 months
+ 341 sqm* freestanding single level building, plus rear verandah
+ Prime 506sqm* freehold site with 10 metre retail frontage
+ Site includes easy rear access and parking
+ High profile Bass Hwy position, major thoroughfare connecting Latrobe Valley to Bass Coast and beyond
+ Proven location mostly central between national retail giants KHub (opposite) and Aldi (rear side) and short distance to Woolworths, IGA, CBA.
+ Potential 50% stamp duty saving
+ Leongatha: capital township of South Gippsland, rich dairy region, circa 15,000 trade catchment
+ Net Rent $28,101 pa* + GST
To be sold by Investment Portfolio Auction
10:30am (AEST) Tuesday 14 May 2024
Crown Casino, Melbourne
CBRE is pleased to offer to the market McDonald’s North Rothbury (Huntlee) NSW for sale via our Investment Auction Portfolio 168.
The property has the following key investment highlights:
+ Brand new 20 year ground lease to December 2043 plus options to 2073
+ McDonald’s: global fast food giant with 38,000+ restaurants in over 119 countries
+ Fixed 3% compounding annual rent increases ensuring guaranteed rental growth
+ Triple net lease – tenant pays 100% of outgoings including land tax, all R & Ms, & structural CapEx
+ Brand new state-of-the-art facility with pivotal dual lane drive thru and ample on-site parking
+ Significant high profile 3,565sqm* landholding on Wine Country Drive
+ Strategic position next to a brand new 7-Eleven, Domino’s, Subway and Oporto within close proximity to Huntlee Shopping Centre & Coles
+ Huntlee: New, award-winning, master-plan region, $1.5 billion of investment over the next 20 years
+ Situated 45km to Newcastle and 2 hours from Sydney, Huntlee is a key growth region with population expected to grow by over 127% through completion
+ Net Income: $130,000 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 sales team for more information.
*Approx
CBRE is pleased to offer to market the BP Australia located at 380 Pacific Highway, (North Boambee Valley) Coffs Harbour NSW for sale via Private Treaty. The property has the following investment highlights:
– Ten (10) year lease to 2032 to BP Australia plus options to 2042
– BP Australia: a subsidiary of BP p.l.c, a British gas and oil company, who are the 8th largest oil company in the world, operating in 70 countries^
– BP p.l.c: listed on the NYSE with a market cap of $111.4* billion USD^^
– Landlord friendly lease terms, with tenant responsible for all usual outgoings including rates, insurances, land tax, levies and property management
– Purpose built Highway facility with essential dual truck canopy
– Rarely available convenience retail offering within thriving service centre surrounded by major national tenants including McDonalds, Subway, Gloria Jeans and Red Rooster
– Attractive annual CPI rent reviews (Min 3%, Max 4%), ensuring rental growth
– Significant 2,882sqm* Pacific Highway site with high accessibility and large volumes of vehicle traffic passing daily
– Coffs Harbour: a significant growth region with population forecast to grow by 28.98% by 2041^^^
– Net Income: $728,416 pa* + GST For sale via Private Treaty Please contact the exclusively appointed CBRE team for more information *approx ^bp.com ^^au.finance.yahoo.com ^^^forecast.id.com.au
CBRE are pleased to present Dutton Park Chatterbox Childcare & Early Learning located at 23 Tillot Street, Dutton Park QLD for sale via Investment Portfolio Auction 168.
This opportunity has the following key investment highlights:
+ Brand new fifteen (15) year net lease to 2039
+ Two (2) further ten (10) year options to 2059
+ Chatterbox Early Learning: privately owned & operated early education provider with a renowned reputation and a network of 9 centres
+ Annual rent increases to the greater of CPI or 3% with ratchet provisions at market review, ensuring the rent cannot reduce
+ Tenant pays all outgoings including land tax and management fees
+ Strong trading business currently operating at 90%+ occupancy
+ Newly constructed in 2022, offering outstanding depreciation benefits of $124,500 of the current years rent (46% of net rent*)
+ State-of-the-art 866sqm* double-story childcare facility licensed for 59 LDC places with 11 designated on-site car spaces
+ Well-positioned 1,071sqm* inner-city landholding located only 2km* from Brisbane CBD with strong intrinsic land value
+ Strategically positioned in a prized schooling catchment – within 300m* of Dutton Park State School (310+ enrolments) & a further 21 schools within a 3km* radius of the centre, combining to service 8,338 students*
+ Centrally located between two of Brisbane’s major health precincts – Mater Hospital Precinct (600m*) & Princess Alexandra Hospital Precinct (1.2km*)
+ Unrivalled location within a premier retail catchment – 14 neighbourhood centres within a 3km* radius including major centre’s West Village, South/City Square, Buranda Village & Coorparoo Square, underpinned by national tenants Coles, Woolworths, ALDI, Target, Harris Farm Markets & numerous specialty stores
+ Brisbane City: the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Net Income: $260,190 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 CBRE team for more information.
*Approx.
Burgess Rawson is pleased to offer to the market 237-239 High Street, Ashburton VIC for sale via Private Treaty
The property has the following key investment highlights:
+ Fully leased investment, anchored by renewed retail leases to long term & established food tenants in Chicken Central and Anne’s Pantry plus two 1-bedroom apartments.
+ Chicken Central: A renowned fast-food chain in Melbourne, Chicken Central provides food delivery and dine-in options at four strategically located outlets.
+ Anne’s Pantry: Established in 1929, Anne’s Pantry specializes in dine-in experiences and large-scale catering, currently serving patrons at five Melbourne venues with another location set to open soon.
+ Landlord-favourable, set-and-forget net lease structures with tenants responsible for all usual outgoings excluding Land Tax.
+ Prominent double-fronted freehold building covering 457 sqm*, boasting substantial underlying land value.
+ Tenant funded, capital intensive retail fit-outs plus recently refurbished 1-bedroom apartments.
+ Exposure to High Street, a major metro Melbourne commuter road serviced by major arterials including Monash Freeway/City Link and Warrigal Road – over 22,000 vehicles passing the property daily**.
+ Important rear lane access and 4 on-site car parking spaces – additional abundance of free public car parking available directly behind the property.
+ Positioned within the heart of ‘Ashburton Village’, a high performing retail precinct servicing an affluent catchment of Melbourne’s highly sought after suburbs Glen Iris, Malvern East, Camberwell and Ashburton.
+ Rapidly growing catchment with a number of medium and high density apartment projects in proximity in different stages of planning and construction.
+ Excellent public transport amenity nearby including Ashburton Train Station within 200m*.
+ In close proximity to an array of national tenants, with IGA, Bakers Delight, Domino’s, F45, BFT, Snap Fitness and Shell Coles Express all within 200m*.
+ Ashburton: 10km* from CBD, affluent southeast Melbourne growth suburb with a median house price of $2,100,000***.
+ Net income: $146,653 pa* + GST
To be sold by Private Treaty
*Approximately
**GapMaps
***Realestate.com.au
CBRE is pleased to offer to the market 102 George Street, Beenleigh QLD for sale via our Investment Portfolio 168.
This opportunity has the following key investment highlights:
+ Brand new 10 year lease to Beenleigh Mufflers, Brakes and Mechanical – locally owned and operated business servicing Beenleigh for over 30 years with an established customer base
+ Prime location within Beenleigh’s retail and commercial precinct with historically low vacancy rates and minimal tenant turnover
+ Fixed 3% annual rent increases, providing strong rental growth
+ 762sqm* ‘Centre’ zoned freehold site located in the heart of Beenleigh directly off the Pacific Motorway
+ Seamless integration with Beenleigh Marketplace, a major neighbourhood shopping centre anchored by Woolworths and BIG W, supported by 55+ specialty tenants and 900+ car parks
+ Strategically positioned automotive retailer within 100 metres* of Beenleigh Train Station, connecting the area to Brisbane, Logan, Ipswich and the Gold Coast
+ 36,638 motor vehicles within a 5km radius*, further highlighting the strength of the trade catchment and long-term tenant security
+ Single tenant minimum management investment
+ Located 32km* south of Brisbane CBD within a significant Brisbane/Gold Coast residential growth corridor, with an additional 70,000 new dwellings forecast for Logan City by 2031*
+ 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: $88,888 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 CBRE team for more information.
*Approx.
