CBRE is pleased to offer to the market this superbly positioned BWS and The Reject Shop on the high profile corner of Merivale and Russell Street, Tumut NSW for sale via our Investment Auction Portfolio 172.
The opportunity has the following key investment highlights:
+ BWS on renewed 5 year lease to July 2029 plus 15 years of options to 2044
+ BWS: leading liquor brand of ASX listed Endeavour Group, boasting 1,400+ stores nationally^
+ The Reject Shop on renewed 5 year lease to November 2028
+ The Reject Shop: ASX listed national retailer with 386 locations, 6,000 staff and sales exceeding 850m in FY24^^
+ Significant 2,375sqm* corner site including 2 titles with brilliant exposure + excellent on-site and street parking
+ Strategic location in the heart of Tumut’s commercial retail precinct, immediately adjacent to Coles Supermarket and surrounded by other national brands
+ Tumut: part of the Riverina Region of NSW, and a strategic midpoint between Sydney & Melbourne, and gateway to the Snowy Region
+ Riverina Region: thriving economic hub with an output of $34.4b and home to 174,490 people^^^
+ Net Income: $223,765 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
^bws.com.au
^^therejectshop.com.au
^^^remplan.com.au
CBRE is pleased to offer to the market 7-Eleven & Oporto Wodonga (Albury) VIC for sale by Expressions of Interest closing Wednesday 4 December 2024.
This opportunity has the following key investment highlights:
+ New 12 year leases to 2036 plus options through to 2056
+ 7-Eleven: Australia’s #1 convenience retailer with 760+ stores, recently purchased for $1.71B by 7-Eleven International LLC operating 46,000+ sites
+ Oporto: part of Craveable Brands operating 600+ restaurants nationally including Oporto, Red Rooster & Chicken Treat
+ Compounding fixed 3% annual rent increases, guaranteeing rental growth
+ Defensive essential service investment providing long leases to global and national giants
+ Newly built in 2023 providing maximum depreciation benefits
+ Prime 3,484sqm* landholding offering state-of-the-art construction built to 7-Eleven and Oporto standards
+ Ideal retail position with direct access off major roundabout, minutes to Murray Valley Highway and close to national retailers and major automotive precinct including Toyota, Lexus, Volkswagen, Nissan, Kia and Ultra Tune
+ Potential 50% stamp duty saving
+ Wodonga: robust economy with low vacancy rates and house prices up 50%
+ Net Income: $519,921 pa* + GST
For Sale via Expressions of Interest
Closing 3pm AEDT Wednesday 4 December 2024
Please contact the exclusively appointed sales team for more information.
*Approx.
CBRE with Leedwell Property are pleased to offer to the market 561-567 Port Road, West Croydon SA for sale via Expression of Interest.
+ Multi-offer convenience site including large convenience store, Subway QSR and freestanding Krispy Kreme factory with drive thru
+ Brand new 18 year lease to 2042 plus options to 2077
+ Guaranteed rental growth with annual fixed 3.5% rent increases
+ Tenant pays ‘multiple holding’ land tax
+ Rare triple net lease structure, with tenant responsible for all rates, multiple holding land tax, building insurance
+Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment).
+ Viva Energy (ASX: VEA): blue-chip $4.51 billion* ASX200 company recently purchasing Coles Express & OTR making Viva Energy Australia’s leading convenience retail with 1,500 sites nationally (1)
+ OTR: leading independent convenience retailer generating $3 billion in revenue annually, with 200+ sites across Australia, licenses for QSR’s including Hungry Jack’s, GyG, Subway & Oporto (2)
+ Position perfect 5,474sqm* corner freehold with 137 metres* frontage and exposure to major 6 lane arterial road with 44,000 VPD*
+ The offering comprises one (1) Head Lease to Viva Energy and includes large convenience retail with Subway (435sqm), Krispy Kreme state (SA) headquarters over two levels with full commercial bakery facility supplying 150 sites, dine in retail restaurant & 24/7 retail drive thru (1,258sqm), plus telco tower
+ Important 52 on site car spaces
+ West Croydon established inner suburb 5km* west of CBD
+ Significant taxation saving depreciation
+ South Australia: #1 performing economy in Australia, leading the country in 4 of the key economic indicators. (4)
+ Stamp duty free investment
+ Rent $759,802 pa + GST
For Sale via Expression of Interest
Closing 4pm AEDT, Thursday 14 November 2024
Contact the exclusively appointed agent for more information.
CBRE & Associates Victoria Pty Ltd | RLA 327401
Raoul Holderhead 0413 860 304
Jamie Perlinger 0413 860 315
Leedwell Property Pty Ltd | RLA 222531
Mitch Curnow 415 494 056
* Approx
1. Viva Energy
2. OTR/Viva
3. Gapmaps
4. Commsec State of States Report
CBRE is pleased to offer to the market, 26 Harness Street, Hilbert WA, for sale via Private Treaty.
+ Brand new 15 year net lease 2039
+ Two further ten year options to 2059
+ Little Learners Place: Leading WA operator with 9 centres and expanding
+ Fixed 3% annual rent increases, ensuring rental growth
+ Tenant pays all outgoings including land tax and management fees
+ Impressive 758sqm* childcare facility approved for 104 LDC places with 24 car spaces on title
+ Brand new construction offering outstanding depreciation benefits
+ Expansive 2,485 sqm* site located within 50 meters of the future Coles-owned neighbourhood shopping centre.
+ Situated within a 3 km* radius of four schools and in close proximity to Armadale Shopping City and Armadale Central Shopping centre, anchored by major retailers including Coles, Kmart, Target, and Woolworths, alongside a variety of specialty stores, dining venues, and essential services, a key retail destination for Armadale and surrounding suburbs.
+ Ideally positioned just 700 meters from Tonkin Highway, a key north-south arterial route offering seamless access for commuters to and from Perth, enhancing connectivity and transport convenience, with 29,000+ passing cars per day.
+ Hilbert: One of Armadale’s fastest-growing suburbs, located just 30 km from Perth’s CBD. With rapid residential development and increasing demand for amenities, Hilbert is becoming a sought-after area for families and investors alike.
+ 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.
+ The 2024-25 Federal Budget has paved the way for positive change and reform in the childcare sector. In addition to this increase in award wages for childcare educators, $650 million will be allocated to workforce qualification and training in the childcare sector over the next four years to further enhance the quality of education and support the future of Australian children.
+ Net Income: $338,000 pa* + GST
For Sale via Private Treaty
Please contact the exclusively appointed CBRE childcare team for more information.
CBRE is pleased to offer to market Little Starfish Swimmers located at 4/10-12 Winki Way, Torquay VIC for sale via Auction Investment Portfolio 172.
The property has the following key investment highlights:
+ Five (5) year net lease to Little Starfish Swimmers to June 2027 plus options to 2032.
+ Little Starfish Swimmers: leading family operated swim school with significant waiting list.
+ Investor preferred net lease terms with the tenant paying all usual outgoings including insurances as per lease.
+ Fixed 4% annual rent increases, ensuring income growth.
+ Substantial 590sqm* swim school incorporating open plan layout with pool, change rooms and offices.
+ Important rear loading via roller door.
+ Direct access to 55 sealed and lined car spaces.
+ As new, with 2020 construction completion.
+ Directly adjoining ALDI supermarket and amongst Bunnings, Shell/Mycar, Reece Plumbing, Tyrepower and Torquay Medical Hub.
+ High profile position with direct exposure to Surf Coast Highway, with 25,500 vehicles passing daily. (1)
+ Booming Torquay North growth corridor location with population forecast to surge 39.86% by 2046 to 25,992 residents. (2)
+ Torquay: iconic seaside destination, gateway to Great Ocean Road, median house price up 49% to $1.2m over past 5 years. (3)
+ Surf Coast Shire: Australia’s surfing capital and popular tourist destination with an annual economic output of $3.95 billion (2)
+ Potential 50% stamp duty saving
+ Net Income: $132,710pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 30 October 2024
River Room – Crown Casino, Melbourne
Also available as part of CBRE’s October Portfolio auction:
1 & 2/10-12 Winki Way, Torquay VIC (Petstock & Fur Life Vet)
1. GapMaps
2. Remplan
3. Realestate.com.au
CBRE is pleased to offer to market Petstock (including sub lease to Fur Life Vet), located at 1 & 2/10-12 Winki Way, Torquay VIC for sale via Auction Investment Portfolio 172.
The property has the following key investment highlights:
+ Seven (7) year net leases to Petstock to December 2027 plus options to 2041.
+ Petstock: pet food retail giant with 276 stores across AUS, ASX listed Woolworths recently acquired majority ownership for $586M.
+ Includes complementary sub-lease to Fur Life Vet clinic.
+ Fur Life Vet: wholly owned subsidiary of ASX listed Apiam Animal Health, Australia’s largest rural and regional veterinary group with 78 locations. (1)
+ Investor preferred net lease terms with Petstock paying all usual outgoings including insurances as per the leases.
+ Favourable annual CPI reviews.
+ Immaculate 1,130sqm* premises across two units including Petstock showroom and sub lease to Fur Life Vet clinic.
+ Important rear loading via two roller doors.
+ Direct access to 55 sealed and lined car spaces.
+ As new, with 2020 construction completion.
+ Directly adjoining ALDI supermarket and amongst Bunnings, Shell/Mycar, Reece Plumbing, Tyrepower and Torquay Medical Hub.
+ High profile position with direct exposure to Surf Coast Highway, with 25,500 vehicles passing daily. (2)
+ Booming Torquay North growth corridor location with population forecast to surge 39.86% by 2046 to 25,992 residents. (3)
+ Torquay: iconic seaside destination, gateway to Great Ocean Road, median house price up 49% to $1.2m over past 5 years. (4)
+ Surf Coast Shire: Australia’s surfing capital and popular tourist destination with an annual economic output of $3.95 billion (3)
+ Potential 50% stamp duty saving.
+ Net Income: $262,350pa* + GST (as at Dec 2024 based upon forecast 3% CPI increase)
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 30 October 2024
River Room – Crown Casino, Melbourne
Also available as part of CBRE’s October Portfolio auction:
4/10-12 Winki Way, Torquay VIC (Little Starfish Swimmers)
1. Apiam Animal Health
2. GapMaps
3. Remplan
4. Realestate.com.au
CBRE is pleased to offer to the market this affordable Inner-West Sydney investment at 5/655 King Street, St Peters NSW for sale via our Investment Auction Portfolio 172.
This opportunity has the following key investment highlights:
+ Recent 3 year lease to 2026 plus two further options to 2032
+ Favourable rent reviews with fixed 3.5% increases annually, ensuring strong rental growth
+ High pedestrian traffic position at entry to St Peters train station – servicing 1,400+ commuters during peak hour
+ Highly exposed 99 sqm* corner retail premises
+ Domo 39, boutique Japanese café and eatery
+ Newly constructed mixed-use development completed 2021*
+ St Peters: Popular Inner-West suburb with LGA supporting 195,000+ population^
+ Net Income $71,988 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx
^forecast.id.com.au
CBRE is pleased to offer to the market 2/355 Esplanade, Scarness (Hervey Bay) QLD for sale via Offers to Purchase.
This opportunity has the following key investment highlights:
+ Anchored by five (5) year lease to Scarness Food Store to 2028 plus two (2) further five (5) year options to 2038
+ Supported by an early renewed three (3) year lease to The Village Barber & Co to October 2027
+ Two of three tenants on net lease structures providing 93%+ of total outgoings recoverable
+ Favourable annual CPI reviews
+ Impressive 458sqm* retail centre situated on an expansive 1,011sqm* parent site with ample on-site parking
+ Prime position fronting the Scarness Esplanade – Harvey Bay’s premier coast precinct and popular tourism destination
+ Strategic location directly opposite the Scarness Caravan Park and surrounding by hotels, resorts, motels, holiday rentals and Airbnb’s within a dense residential catchment
+ Located 750 metres* from the recently approved $450 million Sheraton 5-star hotel and residential development with 223 hotel rooms and 400+ apartments
+ Scarness: exclusive beachside location with 21,389 residents within a 3km* radius, further highlighting the strength of the trade catchment and tenant security
+ Hervey Bay: the fastest growing seaside city in regional Queensland and only 3 hours’ drive north from Brisbane. A world-renowned tourist destination and the commercial centre of the Fraser Coast region, with a trade catchment of over 117,000 residents, forecast to grow by 38.5% to 162,000+ residents by 2046
+ Fraser Coast Region: a booming tourism destination that welcomed more than 986,000 domestic & international overnight visitors in the year ending March 2024, contributing an impressive $692.9 million in expenditures
+ Estimated Net Income: $86,271 pa* + GST
For Sale via Offers to Purchase.
Please contact the exclusively appointed CBRE for more information.
*Approx.
Burgess Rawson are pleased to present Bridgestone located at 3-7 Jones Street, East Wagga Wagga NSW for sale via Investment Portfolio Auction 172.
The property has the following investment highlights:
+ Five (5) year head office lease to Bridgestone Corporation to December 2027
+ One (1) further five (5) year option to December 2032
+ Bridgestone Corporation: Australia’s largest tyre retailer with 340+ stores nationally, market cap of AUD $42.6 billion & wholly owned subsidiary of Tokyo listed Bridgestone Corporation
+ Defensive annual reviews to the greater of CPI or 3.5% increases, ensuring rental growth
+ Landlord favourable net lease structure with the tenant paying all outgoings including land tax and management fees
+ Longstanding tenant occupation with Bridgestone occupying the site for 20+ years
+ Single tenant minimal management investment
+ Significant 12,734sqm* landholding comprising an impressive 2,140sqm* facility occupying only 17% of the site
+ 6,943sqm* of developable land with favourable ‘General Industrial zoning’ allowing for long term future expansion (STCA)
+ Prominently positioned in Wagga Wagga’s key industrial precinct and located within immediate proximity of major retail centre’s Wagga Wagga Marketplace & Wagga Wagga Home Base, anchored by national retailers Woolworths, Big W, Harvey Norman and supported by numerous specialty stores
+ Wagga Wagga: New South Wales largest inland city with $15 billion of infrastructure projects in the pipeline and a population forecast to increase to 77,540 by 2036
+ Net Income: $233,025 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Room, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
CBRE is pleased to offer to market ‘Healius Limited’ pathology laboratory located at 2 Ramsay Place, West Albury NSW for sale via Offers For Immediate Purchase.
The property has the following key investment highlights:
+ Renewed Three (3) year net lease to Healius Pathology to Sep 2027 plus option through to 2030.
+ Healius Ltd (ASX:HLS): market cap of $1.25b, one of Australia’s largest diagnostic and healthcare providers, servicing more than 15 million patients annually.
+ Longstanding tenant (trading as Dorevitch Pathology) on-site 20+ years.
+ Investor preferred net lease terms with the tenant paying all outgoings including land tax.
+ Favourable annual CPI reviews
+ Highly sought-after essential service minimal management investment.
+ Well-maintained 497sqm* SP Infrastructure zoned landholding with 10 car spaces provided on title.
+ Strategically located within key medical precinct, adjoining Border Physicians Group and within metres of Albury Wodonga Private Hospital, Albury Day Surgery, Urologist, I-Med Radiology, and Hume Cardiac Centre.
+ Albury/Wodonga is one of Australia’s most important regional centres with 100,435 residents, forecast to grow 24.2% by 2036 **.
+ Net Income: $135,574 pa* + GST
To be sold via Offers for Immediate Purchase
* Approx
** Profile.id
