CBRE is pleased to offer 93 Princes Street, Traralgon for lease. This rare opportunity places you in a high-exposure position within a tightly held retail precinct. The site benefits from outstanding visibility to over 25,500* passing vehicles daily (via Princes Highway), delivering exceptional brand exposure and excellent connectivity to the broader Traralgon region. Surrounding the property are an array of major national retailers, including Petstock, Dulux Trade Centre, Autobarn and Bob Jane T-Marts, reinforcing the strength and appeal of the location. The premises have been de-fitted, offering a blank canvas for an incoming tenant to create their ideal space. With a flexible open-plan showroom layout and the option to remove the existing suspended ceiling, the fitout possibilities are virtually limitless including potential for a mezzanine level (STCA). Key Highlights:
+ Open-plan showroom with suspended ceiling (option to remove and/or add mezzanine)
+ Prime location in a sought-after retail hub alongside major national brands
+ Ample customer parking with 30+ spaces available
+ Rear loading via two large roller doors
+ Outstanding exposure to Princes Highway with over 25,500* vehicles daily
+ Located in Traralgon, a booming regional city forecast for 33% population growth by 2041**, and generating $4.9 billion*** in annual economic output (accounting for nearly 30% of Latrobe City’s total economy) For further information or to arrange an inspection, please contact the exclusively appointed CBRE agents today..
*Approx. **Source: Forecast.id ***Source: Remplan
Archives: Properties
246 Ogden Street, Townsville QLD 4810
CBRE is pleased to present one of the few remaining developable land parcels within the Townsville CBD located at 246 Ogden Street, Townsville for sale via Offers to Purchase. The opportunity has the following highlights:
+ Well-positioned 1,731sqm* regular-shaped site across two titles with dual street frontage to both Ogden Street and Hanran Street, offering full drive-thru capabilities
+ Favourable ‘Principal Centre’ zoning allowing for the most diverse mix of uses and activities in Townsville and a maximum building height of 20+ storeys (STCA)
+ Central CBD positioning within a major commercial & retail precinct, located 220m* from Townsville City Arcade and surrounded by an abundance of national retailers including McDonalds, Jax Tyres, Woolworths & Ultratune
+ Centrally located in a key educational precinct
– 11 schools within a 3km* radius of the site, which combine to service 2,600+ students*
+ Opportunity to expand or demolish the existing 373sqm* workshop building
+ Prominently situated within 500m* of Queensland Country Bank Stadium For sale via Offers to Purchase. (Price Guide: $1.8 million) Please contact the exclusively appointed CBRE team for more information..
*Approx.
340-344 Bayswater Rd & 303 Canterbury Rd, Bayswater North VIC 3153
Burgess Rawson and JLL are pleased to offer to the market 340-344 Bayswater Road & 303 Canterbury Road, Bayswater North VIC for sale via our Expressions of Interest campaign closing 4:00pm (AEST) on the 24th April 2024.
The opportunity has the following key highlights:
+ Expansive 4,804sqm* corner landholding with over 140m* of dual frontage to Bayswater and Canterbury Roads, two major arterials roads servicing 70,000+ vehicles passing daily.**
+ Rare, combined 4 title super lot suitable for an abundance of uses including convenience retail, fast food, medical, child care, aged care/retirement living and service station uses (STCA).
+ Significant planning work undertaken by existing owners inclusive of planning and management plans.
+ High-profile position, with Bunnings, McDonald’s, Officeworks, Sydney Tools, Spotlight, Anaconda and Repco all within 850m*.
+ Well-serviced location with Bayswater Train Station (900m*) and EastLink (4.5km*) in close proximity and both offering access to the Melbourne CBD & neighbouring suburbs.
+ Surrounded by important social infrastructure, including 20 schools within 3km* servicing over 10,100 full time students.**
+ Bayswater is a booming Metro Melbourne growth suburb (27km* from Melbourne’s CBD), that has a strong local catchment with 27% of households represented in the highest quartile for household income.***
+ By 2041, the City of Maroondah’s population is forecast to grow 17% to over 140,000 people.****
+ The City of Maroondah generates $6.69 billion in Gross Regional Product (GRP) with an estimated 51,261 jobs in the area.*****
To be sold by Expression of Interest
Burgess Rawson
Matthew Wright | 0458 290 588
Zomart He 何梓轩 | 0488 220 830
Rick Jacobson | 0413 830 083
JLL
Jarrod Herscu | 0418 155 062
Mark Stafford | 0404 401 053
MingXuan Li | 0498 688 998
*Approximately
**GapMaps
***Profile.id
****Forecast.id
*****Economy.id
250-252 Craigieburn Road, Craigieburn VIC 3064
Burgess Rawson are delighted to present to market 250-252 Craigieburn Road, Craigieburn VIC for sale via Expressions of Interest Closing Wednesday 24 April 2024 at 3pm.
This opportunity has the following key highlights:
+ Rare 1,302 sqm* double block located on convenient service road.
+ Favourable General Residential Zoning (GRZ1) providing significant development upside.
+ High exposure frontage of 33m* to Craigieburn Road allowing greater scope for development and flexibility in future use.
+ Current improvements include a 4 bedroom plus study, 2 bathroom house currently leased providing holding income plus an adjoining car park with 25 car spaces.
+ Position perfect within close proximity to Craigieburn Junction & Craigieburn Central that include national names Coles, Woolworths, Aldi, Big W, Kmart, Hungry Jacks, KFC, Red Rooster and many more. The property is also directly opposite the McDonalds & Craigieburn Sporting Club/Golf Course.
+ Surrounded by approved developments, the property may suit high density residential, medical, place of worship, place of assembly or fast food STCA.
+ Victoria’s Big Build: Craigieburn Road carries 28,000** vehicles daily and is currently under significant development with upgrades adding extra lanes in each direction, additional traffic lights for traffic control and new bus priority lanes due for competition in January 2025. The property directly benefits from these upgrades with road widening and traffic light upgrades currently underway directly in front of the property.
+ Craigieburn: booming metro Melbourne suburb with a population of 70,006^ and forecast to increase 11% by 2041.
+ Craigieburn: median house price growth of 13% since February 2021***
+ Residential Income: $21,324 pa*
For Sale by Expressions of Interest Closing 3pm Wednesday 24 April 2024.
To discuss the property further, please contact the Burgess Rawson agents below.
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
RAOUL HOLDERHEAD
0413 860 304
rholderhead@burgessrawson.com.au
*Approx
**Fultonhogan.com
^Forecast.id
***Realestate.com.au
147 Crown Street, Wollongong NSW 2500
Burgess Rawson is pleased to offer to the market 147 Crown Street, Wollongong NSW for sale via Private Treaty.
This property has the following key highlights:
+ Prime Crown Street Mall Wollongong Position
+ Prime CBD 1,025sqm* development site with double retail frontage to Crown St Mall
+ Attractive E2 Commercial Centre zoning allows 48m building height
+ High quality 897sqm* two level building
+ Adjacent national tenants include CBA, ANZ, St George Bank, David Jones, Target, 7-Eleven, NRMA, Woolworths & Aust Post
+ Wollongong: NSW’s third largest city, expanding coastal catchment of 200,000+ population and only 1 hour from Sydney
Near Wollongong Train Station
+ Level 1 leased to July 2026 to contribute annual outgoings
For Sale by Private Treaty.
Please contact the exclusively appointed sales team for more information
838 Marion Road, Marion SA 5043
Burgess Rawson together with JLL Adelaide are pleased to offer to the market 838 Marion Road, Marion (Adelaide) SA for sale via Expressions of Interest.
The property has the following key highlights:
+ 100% occupied large format retail investment with strong occupancy history.
+ Long 6.37 year WALE by income.
+ Long 10 & 12 year leases to nationally recognised brands including 99 Bikes, X-Golf, Toymate and Revo Fitness.
+ Guaranteed rental growth, with annual increases ranging from CPI to 4%.
+ Diverse investment with 10 individual income streams.
+ Prime 6,086sqm* freehold landholding with important 68 on-title car spaces.
+ Significant and well-presented 5,929sqm* majority two level freehold building.
+ Strategic position in dominant and tightly held Marion Road retail precinct, with low vacancy rates.
+ High profile Marion Road site with 43,800 vehicles passing daily. (1)
+ Desirable retail position amongst Harvey Norman, Officeworks, The Good Guys and Fantastic Furniture.
+ South Australia: #1 performing economy in Australia, leading the country in 4 of the key economic indicators. (2)
+ Marion: metro suburb only 9km* south-west of the Adelaide CBD.
+ Net Income: $1,102,433pa* + GST (as at 1 June 2024)
For Sale via Expressions of Interest:
Closing 4:00pm (ACST) Wednesday 10 April 2024
*Approx
1. GapMaps
2 CommSec State of States Report
Burgess Rawson Agents (RLA 327401)
Beau Coulter – 0413 839 898
Shaun Venables – 0411 860 865
Zomart He – 0488 220 830
JLL Adelaide Agents (RLA 1842)
Ben Parkinson – 0407 710 389
Claudia Brace – 0420 546 770
531-533 Geelong Road, Brooklyn VIC 3012
Burgess Rawson and Savills are pleased to offer to the market 531-533 Geelong Road (Princes Highway) & 432 Francis Street (Docklands Highway), Brooklyn VIC for sale via our Expressions of Interest campaign closing 3:00pm (AEST) on the 11th of April 2024.
The property is strategically located in the inner-western industrial area of Brooklyn, approximately 9km* west from Melbourne CBD. The site has exceptional connectivity including direct access to the West Gate Freeway via Millers Road an immediate access to Geelong Road. Additionally, major arterials Princes Freeway and Western Ring Road are within 4km.
The opportunity has the following key highlights:
+ Prominent 9,782sqm* Industrial 1 Zoned site, within inner western Melbourne.
+ Short term lease to August 2024, suiting owner occupiers and developers.
+ Important and strategic inner city industrial precinct set to flourish on completion of major roads projects as part of Victoria’s Big Build.
+ Prized infill land holding with low site coverage, providing both value-add and development potential.
+ Boasting two standalone warehouses totalling 3,250sqm* offering flexibly for prospective purchasers.
+ Dual street frontages to both Princes Highway (Geelong Rd) and Docklands Highway (Francis St) providing both exposure and access.
+ Gateway location with access to West Gate Freeway, Princes Highway, Western Ring Road, CityLink, the National Rail Line, as well as the ports and airports of Melbourne and Avalon.
+ West Gate Tunnel Project: $10.2 Billion project will help carry over 200,000 vehicles who use the West Gate Bridge every day, while also taking over 9,000 trucks off local streets (1).
+ Surrounded by major industrial infrastructure, with the $220 million Stockland Distribution Centre (2) and the $150 million Microsoft Data Centre (3) within 300 metres*, underlining the importance of the location.
+ Brooklyn: Highly sought-after and established industrial suburb only 9km* from Melbourne CBD.
+ Hobsons Bay City Council: Transport, Postal and Warehousing, the largest industry by Gross Regional accounting for 15.7% of the total GRP and generating 5,200 jobs (4).
+ Opportunity for developers, owner occupiers and/or investors to take advantage of extremely low 1.2% industrial vacancy rates (3) and record high rental growth.
+ Holding Income: $230,000 pa* + GST
Expressions of Interest Campaign
Closing at 3:00pm on the 11th of April 2024
For further information please contact the agents directly
* Approx
(1) Victoria’s Big Build
(2) Stockland
(3) The Urban Developer
(4) Hobsons Bay City Council – Economic Development Strategy 2023-28
1480-1492 Heatherton Road, Dandenong VIC 3175
Burgess Rawson are pleased to offer to the market fully leased medical facility in Dandenong VIC, for sale via Expressions of Interest closing 4pm on Thursday the 11th April 2024
The property has the following investment highlights:
+ Brand new 20 year lease to Victorian public health service to 2044 with 5 further 15 year options to 2119.
+ Leased to leading healthcare provider with over 40 locations providing care for over 3.6 millions incidents within the community each year.
+ Strong and certain income growth with fixed annual, compounding 3% increases.
+ Landlord friendly net lease structure with the tenant responsible for all usual outgoings excluding land tax.
+ Irreplaceable 8,896sqm* site with triple street frontage – including 2 residential houses.
+ Important residential 1 zoning across the entire site.
+ Comprising a significant 2 level medical facility, support buildings and 93 on-site car spaces
+ Commanding 116m* main road exposure to Heatherton Road servicing 26,000 vehicles passing daily.**
+ Strategically positioned with easy access to major arterials such as Frankston-Dandenong Road, Monash Freeway, South Gippsland Highway/Freeway and Eastlink.
+ Surrounded by important social infrastructure, within a 3km radius, the total spending on health was equal to $63.6 million with over 259,000 GP visits in 2023.**
+ City of Greater Dandenong: Home to 164,484 people, expected to increase by 15.4% to 189,891 by 2036*** supporting 114,506 jobs with an annual economic output of $57.2 billion.****
+ Rent: $500,000 pa* + GST
To be sold via Expressions of Interest
Closing 4pm (AEST) Thursday 11 April 2024
*Approx
** GapMaps
*** Victoria in Future 2023
**** REMPLAN
344-348 Ingham Road, Garbutt QLD 4814
Burgess Rawson is pleased to offer to the market 344-348 Ingham Road, Garbutt (Townsville) QLD for sale via our Investment Portfolio 167.
The property has the following investment highlights:
+ Recently renewed five (5) year lease to 2029 plus three (3) further five (5) year options to 2044
+ Viva Energy Limited (ASX: VEA): blue-chip $5.4 billion ASX200 company & Shell’s Australian licensee controlling 20% of the retail fuel market
+ High profile 2,206sqm* truck stop with immediate exposure to a high concentration of heavy vehicles on Ingham Road
+ Strategically located adjacent to Townsville Airport and 4.5km* from the CBD
+ Tenants pays outgoings as per the lease
+ Landlord favourable CPI annual rent reviews
+ Positioned in the heart of Townsville’s Industry and Retail mecca of Garbutt, surrounded by national tenants including McDonald’s, Dan Murphy’s, Coates Hire, Bridgestone, Dulux, Nick Scali, KFC, Repco and Chemist Warehouse
+ Townsville: economic capital of North Queensland with over $27 billion* in infrastructure projects underway and population forecast to grow by 54% by 2041
+ Estimated Net Income: $268,920 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 28 March 2024
The Hilton, Brisbane
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
285D Burke Road, Glen Iris VIC 3146
Burgess Rawson and Morley Commercial are delighted to present to the market, Dr Carly Ymer (Psychologist) in this outstanding new development within tightly held Glen Iris for sale via Portfolio Auction on Wednesday 27 March 2024 at Crown Casino, Melbourne.
The property has the following investment highlights:
+ Brand new 5-year lease to 2028, plus option through to 2033.
+ Dr Carly Ymer: Clinical psychologist who practices holistic psychotherapy, using her passion for mental and emotional wellbeing to help clients be their best.
+ Immaculate and new premises with a consulting room, plus modern amenities and basement car space on-title.
+ Attractive 4% annual rent increases, assuring future rental growth.
+ Investor preferred net lease terms with the tenant responsible for all usual outgoings as per the lease
+ Rare 6-month bank guarantee
+ Prominent location with excellent frontage within the award-winning Glenarm Square retail and apartment development.
+ Developed by renowned Melbourne developer Dealcorp , Glenarm Square contains 116 apartments and 850sqm of specialty retail.
+ Adjoining complementary uses including; café, FloSt8 and exciting announcements to follow.
+ Seamless integration from the retail landing to Gardiner Train Station which includes public carparking.
+ Set and forget premium investment in one of Melbourne’s most desirable locations.
+ High exposure position with easy access onto the Monash Fwy, Burke Road and Gardiner Train Station.
+ Glen Iris: Affluent inner-city suburb with $2,450,000 median house price
+ Net Income: $30,000 pa + GST
For Sale via Portfolio Auction
Wednesday 27 March 2024
10:30am (AEDT) Crown Casino, Melbourne