CBRE are pleased to offer to the market Rangedale Group at 1 England Street, Dandenong South VIC for sale by Investment Portfolio Auction 173.
The property has the following key investment highlights:
+ Brand new five (5) year net lease to Rangedale Drainage to August 2029 with one (1) further five (5) year option to 2034.
+ Rangedale Group: National drainage services company with 12 locations on the east coast, with over 350 vehicles in the fleet. (1)
+ First year rental increase of 8.3% plus favourable average rental increases of 6% throughout the initial term generating a huge 26% compounding uplift.
+ Attractive, landlord favourable net lease structure with the tenant responsible for all usual outgoings including land tax.
+ Significant 1,270sqm* industrial facility including office, warehouse, hardstand and up to 40 car spaces on-site.
+ Prime 3,648sqm* freehold site with highly sought Industrial 1 Zoning (IN1Z).
+ Commanding 116m* corner frontage and exposure to Abbotts Road/England Street servicing 17,800 vehicles passing daily. (2)
+ Strategically positioned with accessibility to major arterials including Dandenong Valley Highway, Eastlink and South Gippsland Highway/Freeway.
+ Position perfect within the tightly held pocket of the Dandenong South industrial precinct surrounded by premier tenants including Amazon and Aldi as well as Goodman’s $100 million Eumemmerring Business Park. (3)
+ Tightly held industrial area as Urban Property Australia research estimates that Melbourne industrial vacancy rate currently stands at 2.0% as at September 2024, the Southeast region is even lower at 1.5% vacancy rate. (4)
+ City of Greater Dandenong: Home to 164,484 people, expected to increase by 15.4% to 189,891 by 2036 (5) supporting 114,506 jobs with an annual economic output of $58.2 billion. (6)
+ Net Income: $300,000 pa* + GST
For Sale by Investment Portfolio Auction 173
10:30am AEDT Wednesday 11 December 2024
River Room, Crown Casino, Melbourne
*Approx
1 Rangedale Group
2 GapMaps
3 Sydney Morning Herald
4 Urban Property Australia
5 Victoria in Future 2023
6 REMPLAN
Burgess Rawson are pleased to offer to the market Greencross Vets at 424 Crown Street, West Wollongong NSW for sale via Auction.
This opportunity has the following key highlights:
+ Proven long established veterinary location
+ 5 year net lease to 2027
+ Greencross Vets: Australia’s largest veterinary provider with a network of 170+ locations nationally and backed by Nasdaq-listed TPG Group^
+ TPG Group (NASDAQ: TPG): established in 1992, TPG is a leading global alternative asset manager with $229 billion in assets under management which includes 300+ companies and 1,800+ staff globally^^
+ Wollongong: NSW’s third largest City, expanding coastal catchment population of 220,000+ residents^^^
+ High profile 614sqm Princes Highway corner landholding
+ Substantial veterinary building plus valuable on-site car parking
+ Attractive annual CPI rent reviews
+ Net lease, tenant pays outgoings, as per the lease
+ Easily managed premium tenant investment
+ Net Income: $120,239 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
^greencrossvets.com.au
^^ tpg.com
^^^ Forecast.id
*Approx
CBRE together with Cushman Wakefield are delighted to exclusively present to the market the Red Cliffs IGA anchored Shopping Centre for sale via our Investment Portfolio Auction #173 on Wednesday 11 December 2024 at 10:30am AEDT, Crown Casino, Melbourne.
+ Ritchies: 14 year lease to 2031 plus 10+10 year options to 2051
+ Ritchies IGA: one of Australia’s largest independent Supermarket chains with $1.4B* sales revenue in 2024 and has a strong backing by Metcash (ASX: MTS) who own a 29.9% stake
+ Proven supermarket since 1984, with 100% occupancy and Ritchies IGA accountable for over 94% of the total income
+ Annual CPI rent reviews plus percentage (%) rent provisions
+ Landlord favourable net lease terms with tenants responsible for all usual outgoings.
+ Large 5,475sqm* site (two titles) with triple street frontage and enormous retail exposure
+ Commercial 1 zoning
+ Important 50 car spaces on title, plus ample curb side parking
+ Combined modern 2,528sqm* complex which includes Ritchies IGA supermarket with usual departments including liquor (internal), IGA drive thru bottle shop, plus two retail shops fronting Ilex Street
+ Significant depreciation tax benefits.
+ Potential 50% stamp duty savings.
+ Red Cliffs: central within Victoria’s thriving Sunraysia district, 16km* south of Mildura CBD, trade catchment 6,156 (1)
+ Sunraysia: region is renowned for its sunshine, intensive horticulture including grapes, citrus and cropping.
+ Net Income: $486,834 pa* + GST
To be sold via CBRE Investment Portfolio Auction #173
Wednesday 11 December 2024 at 10:30am AEDT
Crown Casino, Melbourne
Justin Kramersh 0460 349 605
Raoul Holderhead 0413 860 304
Cushman & Wakefield
George Davies 0421 799 489
Oliver Hay 0419 528 540
1. Areasearch
CBRE is pleased to offer to the market Amazon West Gosford NSW for sale via our Investment Auction Portfolio 173.
The property has the following key investment highlights:
+ Brand new 7 year lease to 2030 plus options to 2040
+ Amazon: global powerhouse, one of the top 5 most valuable companies in the world***, employing 1.5 million+ people* with a market cap of USD $2 trillion*
+ Attractive 3.25% compounding annual rent increases ensuring guaranteed rental growth
+ Net lease – tenant pays outgoings including rates, insurances, land tax and management fees, as per lease
+ Brand new state-of-the-art construction offering significant depreciation benefits
+ Prime 6,008sqm* freehold landholding in highly sought after Central Coast industrial precinct
+ Strategic location near Central Coast Highway, Pacific Highway and M1 Pacific Motorway which now connects to Sydney via NorthConnex
+ West Gosford: central hub for industrial, large format retail and commercial activities, boasting the presence of some of Australia’s most sought after brands including Bunnings, Coles, Sydney Tools and more
+ Central Coast: thriving region of almost 352,000 residents, forecast to grow to over 412,500 people by 2046^
+ Net Income: $514,565 pa* + GST**
For Sale via Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx
** as at March 2025
*** companiesmarketcap.com as at 11/11/24
^forecast.id
CBRE are pleased to offer to the market Bundamba Discount Pharmacy located at 47 Hawkins Crescent, Bundamba (Ipswich) QLD for sale via Portfolio Auction 173.
The property has the following investment highlights:
+ New ten (10) year head office net lease to Only Health to 2034, plus two (2) further five (5) year options to 2044
+ Only Health: leading independent operator with 15+ locations in Australia and a pipeline of growth forecasted
+ Bundamba Discount Pharmacy: experienced local pharmacy with a strong and established customer base, operating in the Caltex Travel Centre directly opposite the subject property for five years and relocating to accommodate increased demand
+ Difficult to obtain pharmacy licensing establishes a significant barrier to entry, preventing competitor encroachment and supporting the tenant’s ongoing success as a high-performing location
+ Tenant responsible for 100% of outgoings including land tax & management fees, as per the lease
+ Brand new construction in 2024, offering maximum depreciation benefits
+ Last chance to purchase the final remaining property in the thriving Bundamba Retail Hub – KFC, Banjo’s Bakery Café, Subway & Car Wash – SOLD!
+ Significant 1,681sqm* freehold site with important 16 on-site car park and direct access to the Warrego Highway, servicing 70,000+ vehicles daily*
+ Annual fixed compounding 3% rent increases, ensuring income growth
+ State-of-the-art 263sqm* NLA building constructed with the ability to service three separate tenancies
+ Strategically positioned in the Walker Corporations Citiswich Business Park – a 350 hectare* master-planned Industrial estate, opposite Costco’s 13,750sqm* warehouse ensuring the strong trade of the tenant
+ Perfectly located within 500 metres* of KFC, Oporto, Zambrero’s, Subway, Banjo’s Bakery, Caltex, Eco Wash Hub & both the Cosco Warehouse & the Reject Shop Distribution Centre
+ Ipswich: 8th fastest growing metropolitan location in Australia with forecast population growth of 167% to 670,000+ by 2046
+ Net Income: $135,000 pa + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 12 December 2024
The Hilton, Brisbane
Please contact the exclusively appointed CBRE team for more information.
*Approx.
Burgess Rawson is pleased to offer to the market this superbly positioned ASX listed Westpac at 43 Walker Street, Casino NSW for sale via our Investment Portfolio Auction 173.
The opportunity has the following key investment highlights:
+ Recently renewed 3 year lease to Westpac to 2027 plus options to 2033
+ Westpac: top 5 ASX listed banking giant (ASX:WBC) serving 13 million customers, with a market capitalisation of $110.36b^
+ Large 1,144sqm* corner landholding with combined dual street frontage of some 68.7m*
+ Improved with attractive two level building with valuable on site car parking at the rear
+ Casino: forms an integral part of the Northern Rivers Region of NSW, home to 315,775 people and producing an economic output of $42.05b*^^
+ Strategic position on the corner of Walker and Barker Streets in close proximity to national brands including Coles & Woolworths
+ Compounding fixed 3% annual rental increases, ensuring income growth
+ Landlord friendly net lease, tenant pays outgoings, as per the lease
+ Easily managed premium tenant investment
+ Net Income: $70,000 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
^ASX: As of 13/11/2024
^^Remplan
CBRE are pleased to offer to the market this trophy convenience retail investment at 53-59 Orange Grove Road, Liverpool NSW for sale via Auction.
This opportunity has the following key highlights:
+ Fifteen (15) year net lease to 2031 plus options to 2041 to multinational fuel conglomerate, EG Group
+ EG Group: one of the world’s largest fuel and convenience retailers with $33 billion annual revenue & 6,612+ locations globally^
+ Massive 3,780sqm landholding in strategic location directly opposite two major shopping centres, The Grove Liverpool Homemaker Centre & Fashion Spree hosting major national and international brands McDonalds, Bing Lee, Harvey Norman, Bed Bath n’ Table & Adidas
+ Liverpool LGA: undergoing significant growth with the population forecast to grow to 353,000* (40%+) by 2046^^, driven by infrastructure investment from the Western Sydney Aerotropolis
+ Tenant responsible for all usual outgoings, as per the lease
+ Attractive annual CPI rent reviews capped at 4%
+ Easily managed investment with one market leading multinational tenant, EG Group
+ Net Income: $410,111 pa* + GST (estimated from 1 March 2025)
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
^ eg.group
^^ Forecast.id
*Approx
CBRE are pleased to offer to the market this high profile ASX convenience retail investment at 192-198 Pennant Hills Road, Thornleigh NSW for sale via Private Treaty.
This opportunity has the following key highlights:
+ Twenty (20) year net lease to 2034 to multi-national fuel conglomerate Ampol plus options to 2054
+ Rent paid annually in advance
+ Ampol (ASX:ALD): top 100 ASX listed company with 1,800+ sites & market cap of $6.7 billion^
+ Gateway position just 4 minutes from the key M1 on-ramp, servicing NSW’s fastest-growing corridor between Sydney and Newcastle
+ Strategic location close to major national and international brands including McDonald’s, Bunnings, Woolworths and Aldi
+ Thornleigh: rapid growth suburb with the population forecast to grow 29.4% by 2036^^close to double the state average growth
+ Impressive freehold convenience retail building and automated drive-thru car wash
+ Easily managed investment with one market leading ASX conglomerate, Ampol
+ Tenant responsible for all usual outgoings as per the lease, including rates, taxes & insurance
+ Attractive annual CPI rent reviews capped at 7%
+ Net Income: $678,254 pa + GST (estimated from 8 March 2025)
To be sold by Private Treaty
Please contact the exclusively appointed sales team for more information
^ ASX: as of 13/11/2024
^^ Forecast.id
*Approx
Burgess Rawson is pleased to present for sale this impressive immaculately presented childcare centre located at 368 Merrylands Road, Merrylands (Metro Sydney) NSW. It features a 10-year lease to Advanced Early Learning a leading locally dominant operator. This property is available for purchase via our upcoming Investment Portfolio Auction 173.
+ Long 10 year lease to 2031
+ Three further 10 year options extending to 2061
+ Compounding fixed 3% annual rent reviews ensuring consistent long-term income growth
+ Recently constructed 80 place LDC – offers significant depreciation allowances
+ Full 100% occupancy + plus a long wait list
+ 4-mins* to M4 Motorway and 6-mins* to Parramatta CBD
+ Advanced Early Learning: leading locally dominant multi-centre operator
+ Merrylands: rapidly growing established Sydney suburb, popular among young growing families
+ Ideal childcare location: 21 primary schools within 5 minutes & 32% more under 5 year olds than the Sydney suburb average
+ Land tax-free commercial investment (NSW childcare centres only)
+ Net Income: $320,210 pa* + GST (as at February 2025)
Early Childhood Education: An Essential Service and Government-Supported Asset Class:
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 nationwide.^^
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
To learn more about this outstanding childcare investment opportunity, please contact the exclusively appointed Burgess Rawson childcare sales team today.
*Approx
^^ Australian Government Productivity Commission website
CBRE is pleased to offer to the market 3-5 Spring Street, Fobes NSW for sale via our Investment Auction Portfolio 173.
This opportunity has the following key investment highlights:
+ 3 year lease to 2026 plus options to 2032
+ Attractive annual CPI rent reviews
+ Tenant pays majority of annual outgoings including council rates, water rates ,and land tax (single holding) plus R&M, as per lease
+ Yoorana Gunya Family Healing Centre Aboriginal Corporation, community based legal service
+ Beautifully appointed premises upon prime 1,109sqm* CBD site
+ Strategic CBD location close to major brands including CBA, Westpac, K Mart, Woolworths and Service NSW
+ Modernised property improvements offering deprecation benefits
+ Easily managed single tenant investment
+ Central West & Orana region set to grow to 325,000 people by 2041**
+ Net Income: $86,244 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
**planning.nsw.gov.au
