Investment Portfolio Auction 123 - Sales Leasing Management Advisory
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Sales Leasing Management Advisory Investment Portfolio Auction 123 Melbourne September 2018 burgessrawson.com.au/portfolio-auction 03 9613 0400
Melbourne Auction Sydney Auction 11am Wednesday 12 September 2018 11am Tuesday 11 September 2018 Tenant Location Income pa Pages Tenant Location Income pa Pages Childcare Centre Zuccoli (Darwin) NT $400,000 4 Citizen Watches Frenchs Forest NSW $550,070 26 Nido Early School Carlisle WA $310,000 5 QLD Government Rockhampton QLD $628,274 28 Think Childcare Limited Woolloongabba QLD $344,256 6 Medical Cairns QLD $541,600 29 Eclipse Early Education Group Curlewis VIC $276,000 8 Westpac Proserpine QLD $108,259 30 Eclipse Early Education Group Torquay VIC $237,500 8 Eclipse Early Education Group Eynesbury VIC $232,500 8 Kardinia Childcare & Kindergarten Warrnambool VIC $282,632 10 Expressions of Interest Caltex Kwinana Beach WA $265,225 11 Hungry Jacks Albany Creek QLD $186,000 12 Tenant Location Income pa Pages Commercial Complex Toowoomba QLD $185,578 14 Puma Energy Epping VIC $640,756 * Bendigo Telco Limited Kennington (Bendigo) VIC $174,618 15 7-Eleven / Car Wash Bibra Lake (Perth) WA $426,420 32 BOC Campbellfield VIC $170,000 16 Subway Bowen QLD $147,241 17 Subway/Red Rooster Proserpine QLD $102,134 18 National Veterinary Care Tatura VIC $97,346 19 National Veterinary Care Mooroopna VIC $63,938 19 Target Maryborough VIC $90,000 20 Peter Murray Funeral Home Bairnsdale VIC $86,250 21 Liquorland Hallam VIC $78,572 22 Inspirations Paint Mooroolbark VIC $61,001 23 J Lane Cosmetics Gladstone Park VIC $48,000 24 Interstate and local bidding by prior arrangement *Separate publication accompanying this edition
Burgess Rawson Melbourne Specialists in Real Estate Investment Sales Our Sales, Leasing, Property Management and Advisory services fulfill the complete and ongoing needs of our clients. Burgess Rawson has a network of offices throughout Australia and extensive regional partnerships with local property specialists, Raoul Holderhead Jamie Perlinger Shaun Venables Billy Holderhead giving unmatched depth and reach in all commercial property market sectors. At every stage of ownership, our clients benefit from our specialist knowledge, experience, market insights and advice. Our strong market position, plus our targeted and effective marketing campaigns through a highly qualified database, generates maximum exposure for properties. Burgess Rawson’s iconic Portfolio Auctions are held in Melbourne and Sydney bringing together a diverse range of national commercial Ingrid Filmer David Mark Adam Thomas Graeme Watson and investment grade properties. Our renowned auction program, together with a large pool of eager, qualified investors continues to generate premium results. With eight, two day Investment Portfolio Auction events held each year, Burgess Rawson are the leaders in the selling of quality property investments. Thinking of selling your property, call us today on 03 9613 0400. Scott Meighan Natalie Couper Rick Silberman Beau Coulter
Future Proof, Brand New Childcare Centre Surrounded by 2 Primary Schools 10 Year Lease to 2028 + Options to 2048 Zuccoli Village (IGA Anchored) Public Primary (2020) Zuccoli (Darwin) NT 17 Ginger Street Mother Teresa Dar • 10 year lease to 2028 + options to 2048 win Primary School CBD • 160 LDC place centre, operated by Creative Kids Childcare 30 m ins. (third operation in Darwin ) Residential • Annual Increase: 3% Residential • Market Review at the option – ratchet provisions apply 1 km • Tenant pays 100% of outgoings as per lease including Land Tax re ent nC • 3 Month Bank Guarantee + Director’s Guarantee ow u reT • Zuccoli master planned community with approx. 4500 house lots, t Fu 2 primary schools, Town Centre precinct, 30 mins. to Darwin CBD • Darwin: large Defence and Public Servant workforce with high income rates Boundaries are indicative only • Suburbs Zuccoli and neighbouring Johnston – highest demographic of children under 4 yrs. in Australia, also the fastest growing area in the NT • Net Income: $400,000 pa + GST Auction 11am Wednesday 12 September 2018 River Room, Crown Casino, Melbourne Jamie Dewe Natalie Couper Martin Gore 0410 350 273 0413 856 983 0417 850 933 Adam Thomas 0418 998 971 All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information 4 but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply.
Brand New Childcare Investment 5km from the Perth CBD New 20 Year Lease + Options to 2058 Carlisle (Perth) WA 35 Weston Street (corner Archer Street) • New 20 year lease to 2038 with two further 10 year options to 2058 • Trading as Nido Early Learning School, a premium early education provider with a network of 22 centres across Australia • Operated and managed by ASX listed – Think Childcare Limited • Annual CPI rent reviews plus market review at option • Security of a 6 month bank guarantee • Tenant pays all usual outgoings including land tax • New 682 sqm facility with service approval for 82 LDC places • Strategic 1,917 sqm corner site with ease of access to the Perth CBD via both Graham Farmer Freeway and the Northbridge Tunnel • Brand new construction with substantial income tax saving depreciation benefits • Net Income: $310,000 pa + GST and outgoings Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne Adam Thomas 0418 998 971 Natalie Couper 0413 856 983 athomas@burgessrawson.com.au ncouper@burgessrawson.com.au Rob Selid 0412 198 294 rselid@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply. 5
Brand New State-of-the-Art Childcare Investment Secure 20 Year Lease to ASX Listed – Think Childcare CBD The Gabba $600m South City Square d n Roa Loga et Stre Ma yna ua rd S sh tree t Jo Boundaries are indicative only 6
Woolloongabba QLD 45 Maynard Street • Secure 20 + 10 + 10 year lease to Think Childcare to 2058 • Think Childcare: ASX listed early childcare provider with 50+ owned and managed centres • Corporate guarantees backed by ASX Listed – Think Childcare Limited • Annual rental increase to CPI + 1% • Tenant pays all usual outgoings plus 2% pa management fees • Stunning 1,034 sqm facility with service approval for 93 LDC places • Strategically positioned metres from major transport links and only 3km from the Brisbane CBD • Key inner city priority development area with significant population and investment growth • Brand new construction with substantial tax saving depreciation benefits • Net Income: $344,256 pa + GST and outgoings Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne Adam Thomas 0418 998 971 Jamie Dewe 0410 350 273 athomas@burgessrawson.com.au jdewe@burgessrawson.com.au Natalie Couper 0413 856 983 Glenn Conridge 0413 873 337 ncouper@burgessrawson.com.au gconridge@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply. 7
Portfolio of 3 Victorian Childcare Investments Proven Businesses in Key Growth Locations Investment Highlights • Three impressive and established childcare investments in key Victorian growth locations of Melton, the Bellarine Peninsula and the Surf Coast • Secure 10 + 10 + 10 year net leases to Eclipse Early Education Group • Strong trading businesses recently acquired by the highly successful Oxanda Education – a network of 13 further centres across the eastern seaboard under both the Bluebird ELC and Little Giants brands • Desirable fixed 3% annual rental increases plus market reviews at options • Significant tax saving depreciation benefits • Tenant pays all usual outgoings excluding land tax To be sold individually Curlewis (Bellarine Peninsula) VIC Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne Adam Thomas 0418 998 971 athomas@burgessrawson.com.au Natalie Couper 0413 856 983 ncouper@burgessrawson.com.au 8 Eynesbury (Melton) VIC Torquay (Surf Coast) VIC All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply.
Curlewis (Bellarine Peninsula) VIC Eynesbury (Melton) VIC Torquay (Surf Coast) VIC 148-156 Jetty Road 58 St Arnaud Road (corner Eynesbury Road) 78-80 Beach Road • New 10 year net lease to June 2028 • 10 year net lease to June 2026 • New 10 year net lease to January 2027 • 10 + 10 year options to June 2048 • 10 + 10 year options to June 2046 • 10 + 10 year options to January 2047 • New 825 sqm facility, licensed for 93 LDC places • Modern 882 sqm facility, licensed for 111 LDC places • As new 780 sqm facility, licensed for 95 LDC places • High profile 3,365 sqm site 400 metres from Clifton Springs • Strategic 2,647 sqm corner site opposite Eynesbury • Ideally located 2,160 sqm site adjoining McDonald’s, Primary School and 1.5km west from Drysdale Town Station P–6 School (opening 2021) and 400 metres from metres from the intersection with the Surf Coast Hwy Centre with tenants including: ALDI, Coles and Woolworths future Town Centre and opposite Surf Coast Plaza (Rip Curl, Quiksilver, etc) • Rapidly evolving suburb of the Bellarine Peninsula and • High-growth location 40km west from Melbourne’s CBD • Gateway to the world famous Great Ocean Road with a located only 14km east from the Geelong CBD and already home to over 2,500 households fast growing permanent population exceeding 31,000 • Current Net Income: $276,000 pa + GST & Outgoings • Current Net Income: $232,500 pa + GST & Outgoings • Current Net Income: $237,500 pa + GST & Outgoings • June 2019 Net Income: $317,240 pa + GST & Outgoings • April 2019 Net Income: $397,200 pa + GST & Outgoings • April 2019 Net Income: $330,939 pa + GST & Outgoings 9
Near 15 Year Lease Plus 2 x 10 Year Options Proven Childcare Facility with High Occupancy Warrnambool CBD Warrnambool (Dennington) VIC 20 Tylden Street (corner Princes Highway) • Secure 14 year + 11 month lease to Kardinia Childcare Inc to 2032 • Two further 10 year options to 2052 Woolworths / BWS • Kardinia Childcare: long established and multi centre provider with a further centre in Geelong and expanding Pr • Successful operator with 30+ staff at this facility with high occupancy in ce • New high quality facility, licensed for 98 LDC places sH ig • Desirable 3% annual rental increases hw ay • Tenant pays all usual outgoings including rates and insurances • High profile 2,370 sqm main road site with triple street frontage • Built new in 2015 with substantial tax saving depreciation • Adjacent to Kadinia Church & only 300m from Woolworths Shopping Centre including BWS, Medical Centre & new service station (under construction) • Warrnambool: Victoria’s largest coastal city (outside Port Phillip Bay) reet servicing a trade catchment of 100,000+ residents & growing en St Tyld • Net Income: $282,632 pa + GST and outgoings Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne Adam Thomas 0418 998 971 Darren Beehag 0411 226 223 athomas@burgessrawson.com.au dbeehag@burgessrawson.com.au Natalie Couper 0413 856 983 Michael Vanstone 0403 580 528 ncouper@burgessrawson.com.au mvanstone@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information 10 but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply.
Blue Chip Service Station Investment – Key Arterial Location 15 Year Lease to Caltex Limited – High Volume Site Kwinana Beach (Perth) WA Corner Mandurah & Wellard Road • New 15 year lease to 2031 plus options to 2051 • Caltex Australia Petroleum Pty Ltd: A wholly owned subsidiary of Caltex Limited, an ASX top 50 company with a market cap of $8.56 billion • Rare net lease term with the tenant responsible for all usual outgoings including single holding land tax and insurances • Important: all structural repairs, maintenance and remediation obligations are the responsibility of Caltex • Guaranteed rental growth with 3% increases annually • Significant site area of 7,952 sqm with 176m of combined frontage • Western Australia’s premier heavy industry precinct generating billions each year for the state’s economy with significant government research underway for development of a major container port in Kwinana, to meet demand for the next 50-100 years • Kwinana City: ‘Hyper-growth’ city undergoing rapid growth in population, investment and industrial expansion – population set to double by 2036 • Rent: $265,225 pa Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne Jamie Perlinger 0413 860 315 Rob Selid 0412 198 294 jperlinger@burgessrawson.com.au rselid@burgessrawson.com.au Scott Meighan 0413 830 709 smeighan@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply. 11
Brand New Fast Food Investment New 12 + 10 + 10 Year Lease to 2050 Albany Creek Shopping Centre ALDI Childcare Centre (Opening Q4 2018) aily e sD icl eh 0 +V 7,00 d :1 Roa eek y Cr an Alb 12
Albany Creek (Brisbane) QLD 620 Albany Creek Road • New 12 year lease to Hungry Jack’s to 2030 • Rare, two further 10 year options to 2050 • Fixed 3.5% rental increases and to market at option • Hungry Jack’s: Iconic national fast food chain with 390+ stores nationally • New 223 sqm freestanding flagship store fitted out to Hungry Jack’s latest corporate design and layout with drive-thru • High profile 1,446 sqm corner site adjoining soon to be completed childcare centre and opposite ALDI retail centre • Busy metropolitan location with 17,000+ vehicles passing daily • Prominent location at the entrance to the popular Albany Creek retail precinct and only 750m from both Albany Creek Square and Woolworths Marketplace, with national retailers including McDonald’s, KFC, Coles and Dan Murphy’s • Significant income tax saving depreciation benefits • Estimated Net Income: $186,000 pa + GST and outgoings Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne Adam Thomas 0418 998 971 Jamie Perlinger 0413 860 315 athomas@burgessrawson.com.au jperlinger@burgessrawson.com.au David Ingram 0403 464 621 dingram@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply. 13
Immaculate CBD Commercial Complex – Recent Upgrade Australia’s Second Largest Inland City Toowoomba QLD 131A Herries Street (and Thorn Street) • Modern freehold building fully occupied by professional services including Commonwealth of Australia • Annual rent increases assuring rental growth • Central 1,012 sqm CBD site with combined dual vehicular access of 39 metres • Striking 654 sqm complex over two levels with 25 secure on-site car spaces • Prime CBD location adjoining First Choice Liquor and opposite Officeworks • Significant building upgrade in 2017 including new roof • Impressive tenant fit-outs throughout • Toowoomba: Population 166,000+ (ABS 2016) is benefiting from massive local infrastructure investment including new airport & rail/road links to Brisbane • Net Income: $185,578 pa (Jan 2019) Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne David Ingram 0403 464 621 Raoul Holderhead 0413 860 304 dingram@burgessrawson.com.au rholderhead@burgessrawson.com.au Pat Kelly 0412 244 456 pkelly@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information 14 but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply.
Secure Lease to Listed Tenant on Substantial Landholding Modern Freehold Investment Neighbouring Shopping Centre Kennington (Bendigo) VIC 5 Innovation Court • Renewed 5 year lease to Bendigo Telco Limited to August 2023 • Bendigo Telco: Listed telecommunications provider operating in several key markets including Bendigo, Ballarat, Geelong, Tasmania & the Gold Coast • Minimum 3% rent increases / Tenant pays usual outgoings • Modern and impeccably presented single-level building of 918 sqm • Significant 4,309 sqm landholding with 22 on-title car spaces • Located metres from La Trobe University and close to arterial roads, public transport and adjoining Strath Village & Kennington Shopping Centres • Premium Commercial 1 Zoning provides future flexibility • Greater Bendigo: Victoria’s third largest urban centre with a growing population of over 113,000, forecast to increase to 145,000 by 2031 • Rent: $174,618 pa Auction 11am AEST Wednesday 12 September 2018 Kennington Village River Room, Crown Casino, Melbourne Shopping Centre Shaun Venables Tom Harrop 0411 860 865 0409 014 657 Rick Silberman Craig Tweed 0413 830 707 0418 509 081 All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply. 15
High Yield Industrial Investment – BOC 20+ Years On-site Strategic Northern Metro Business Hub Campbellfield VIC 5 Leader Street (corner Scammel Street) • Renewed lease to 2020 plus options to 2024 • BOC has occupied on-site for over 20 years • Lessee pays all usual outgoings including land tax • BOC: subsidiary of The Linde Group which supplies compressed and bulk gases, chemicals and equipment around the globe • The Linde Group: world-wide chemical and gas giant with ¤17.9 billion, 64,500 employees in over 100 countries • Well maintained showroom of 370 sqm plus 255 sqm attached canopy and extensive hardstand • Strategically located corner site of 2,950 sqm within Campbellfield’s tightly held industrial and logistics precinct Boundaries are indicative only • Low 21% site coverage – potential development upside • Amongst major distributor centres Australia Post & Coles • Campbellfield: the centre of Hume city, largest industries include transport, postal, warehousing & manufacturing – 66% resident population growth by 2041 • Rent: $170,000 pa Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne Jamie Perlinger 0413 860 315 Beau Coulter 0413 839 898 jperlinger@burgessrawson.com.au bcoulter@burgessrawson.com.au Scott Meighan 0413 830 709 smeighan@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information 16 but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply.
Modern Retail Centre Anchored by Red Rooster & Subway Prime Corner Freehold with Value Add Potential Living ston Stree t Whitsunday Coast (Bowen) QLD Corner Livingston & Leichhardt Streets 29m • Red Rooster – renewed 7 year lease plus options through to 2039, includes drive-thru • Subway – 7 year lease to 2021 plus options through to 2042 1,162 sqm • High profile 1,162 sqm corner site, with triple retail exposure and frontage totalling 98 metres • Includes established Beauty Salon and vacancy for further value add et • 8 on-site car spaces tre Jo 29 40m tS • Potential future strata subdivision (STCA) d hn m har • Annual rent reviews sto i ch Le • Bowen: top of the Whitsundays, 40 minute drive north of Airlie Beach a nS jewel in the Whitsunday crown, with pristine beaches, beautiful bays and tre Boundaries are indicative only et a perfect tropical climate – trade catchment 12,000+ • Net Income: $147,241 pa + GST Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne Glenn Conridge 0413 873 337 Pat Kelly 0412 244 456 gconridge@burgessrawson.com.au pkelly@burgessrawson.com.au Raoul Holderhead 0413 860 304 rholderhead@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply. 17
Proven Stand Alone Fast Food with Popular Drive-Thru Plus Value Add Surplus Land – Ripe for Development Whitsunday Coast (Proserpine) QLD 150-152 Main Street (& Bruce Hwy) • Brand new 6 year lease to 2024 plus ongoing 7 year options through to 2052 • Prime gateway location with important exposure to Bruce Hwy – huge traffic count passing daily • Parent company lease: Subway brand is the world’s largest sandwich t in S restaurant chain with over 44,000 stores worldwide Ma • Land area comprises 1,849 sqm which includes 902 sqm approx. of surplus land for further development or subdivision (STCA) • Retail frontage and exposure of 40.23 metres m .23 • 17 on-site car spaces y Hw 40 • Annual rent reviews e uc • Proserpine: Home to recently upgraded Whitsunday Coast Airport, Br Boundaries are indicative only 450,000+ passengers annually, Australia’s sugar capital, gateway to the Great Barrier Reef and commercial centre of the Whitsunday Region, trade catchment circa 34,000 • Net Income: $102,134 pa + GST Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne Glenn Conridge 0413 873 337 Pat Kelly 0412 244 456 gconridge@burgessrawson.com.au pkelly@burgessrawson.com.au Raoul Holderhead 0413 860 304 rholderhead@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information 18 but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply.
Two Affordable & Established Vet Clinics – Circa 9% Yield Recently Acquired By ASX Listed National Vet Care Mooroopna VIC 71 Echuca Road (corner Knight Street) • High profile corner site of 1,396 sqm with 63 metre total frontage • Rent: $63,938 pa (as at Jan 2019 – assume 2% CPI) Tatura VIC 27-29 Ross Street (corner Cussen Street) • Significant corner site of 10,665 sqm – Clinic on-site since 1971 • Rent: $97,346 pa (as at Jan 2019 – assume 2% CPI) • 6 year leases to December 2020 plus options to 2030 Mooroopna VIC • Tenant pays all usual outgoings/annual rent reviews • Greater Shepparton: Major regional city of north eastern Victoria servicing a trade catchment of 100,000+ residents – the ‘food bowl of Victoria’ and only 2 hours drive from Melbourne • National Veterinary Care: ASX Listed Company operating 60+ sites across Australia and New Zealand Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne (To be Sold Individually) Jamie Perlinger Scott Meighan Rocky Gagliardi 0413 860 315 0413 830 709 0407 826 542 Tatura VIC All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information 19 but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply.
Renewed 5 Year Lease to Target Australia Plus Options 10+ Years in Occupation – Significant Town Centre Landholding Maryborough VIC 132-136 High Street (corner Nolan Street) • Renewed 5 year lease to Target Australia to Nov 2021 plus options to 2036 • Target: Network of 303 stores (and online) across the country employing over 14,000 – Subsidiary of ASX Listed Wesfarmers Limited • Lessee pays all usual outgoings as per the lease • Annual $5,000 rent increases • Absolute town centre landholding of 1,011 sqm with total retail frontage of 68 metres • Highly versatile, well presented clear span retail building • Commercial 1 Zoning – Premium retail zoning • Single tenant, minimum management investment McDonald’s • Maryborough: capital of the Goldfields Shire – Geographic centre of ALDI Goldfields SC Victoria with estimated residential population of 12,500+. One hour drive Woolworths (Coles/Kmart) to Bendigo & Ballarat, two hours to Geelong KFC IGA • Rent: $90,000 pa (November 2018) ANZ Goldfields Info Centre Auction 11am AEST Wednesday 12 September 2018 Westpac River Room, Crown Casino, Melbourne CBA Ingrid Filmer 0413 860 312 Priceline ifilmer@burgessrawson.com.au Scott Meighan 0413 830 709 smeighan@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information 20 but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply.
Long Established and Proven Funeral Home for Over 40+ Years Significant Corner Landholding Opposite Major Hospital Bairnsdale VIC 30-32 Victoria Street and 120 Day Street • Secure 10 year lease to 2023 plus options through to 2033 • Peter Murray Funerals: Successful and respected business servicing the East Gippsland Region • Annual rent reviews • Lessee pays all usual outgoings as per the lease • Prominent 2,261 sqm corner site with dual street frontage totalling 102m • Sealed & lined parking on-title for 25 cars plus abundant on-street parking • Well maintained buildings totalling 680 sqm including offices, storage and modern Chapel catering for 250+ people • Strategic location directly opposite regional hospital and aged care facilities • Single tenant minimum management investment • Bairnsdale: Major commercial centre servicing East Gippsland region, 42,000+ trade catchment plus huge seasonal influx • Rent: $86,250 pa s Hwy Prince Auction 11am AEST Wednesday 12 September 2018 Bairnsdale Hospital River Room, Crown Casino, Melbourne t Victoria S -KPI*GCVJ Raoul Holderhead Shaun Venables Matt Baylis Chris Martin 0413 860 304 0411 860 865 0439 633 312 0419 559 508 Boundaries are indicative only All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply. 21
Affordable Investment Lease to Coles Group Limited Strategic Freestanding Building with Upside Hallam VIC 38 Spring Square Princ es H wy • 8 year lease to 2022 plus options to 2062 • Annual CPI rent reviews Coles • Liquorland: A growing subsidiary of Coles Group Limited $39.2 billion FY17 revenue including sales from 897 liquor stores • Significant 689 sqm Commercial 1 Zoned site with rear access only 318 sqm being leased. Potential for a second tenant STCA • Strategic homeward-bound retail precinct (Via Princess Hwy), opposite high trading Coles supermarket and with the benefit of approximately 232 council car spaces • Ideally positioned in the middle of Spring Square directly surrounded by approximately 40 complementary retail stores • Hallam: Booming metro location within City of Casey, Victoria’s most populous council – Forecast population growth of 54% to 514,800 by 2041 • Rent: $78,572 pa Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne Jamie Perlinger 0413 860 315 jperlinger@burgessrawson.com.au Beau Coulter 0413 839 898 bcoulter@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information 22 but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply.
Prime Neighbourhood Retail Investment Adjoining McDonald’s Longstanding Tenant In Occupation 18+ Years Brice Avenue Mooroolbark Retail Train Station 7-Eleven Mooroolbark VIC Shop 5 / 191-193 Hull Road (corner Manchester Road) McDonald’s d • Secure 10 year lease to 2026 plus options to 2036 oa • Director’s guarantee & three month security deposit in place rR Approved te • Fixed annual 3% rent increases es 3 Level ch Development • Tenant pays all usual outgoings as per the lease an • Well presented 174 sqm high exposure corner building with rear access M • Strategic retail position adjoining McDonald’s and five-ways intersection • Potential future development upside (STCA) with opposite corner building d approved for two additional office levels oa ll R • Inspirations Paint: Australia’s largest network of paint stores with over Hu 100 stores across the country – strategic alliance with DuluxGroup Boundaries are indicative only • Single tenant, minimum management investment • Mooroolbark: Blue chip eastern Melbourne suburb, 31km from the CBD – 70.9% median house price growth in the last 5 years • Rent: $61,001 pa Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne Scott Meighan 0413 830 709 smeighan@burgessrawson.com.au Sam Fogarty 0413 830 808 sfogarty@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply. 23
Brand New 5 Year Lease – Irreplaceable Corner Retail Well Supported by IGA and Woolworths Supermarkets Gladstone Park VIC Shop 6, 8-34 Gladstone Park Drive (corner Mickleham Road) • Brand new 5 year lease to September 2023 plus options to 2033 • 120 sqm corner shop with 23 metre dual retail frontage • Fixed 3% annual rent increases • Tenant pays all usual outgoings • High traffic retail position opposite Supa IGA supermarket and metres from a highly successful and strong trading Woolworths Supermarket • Single tenant minimum management investment • Gladstone Park Shopping Centre: long established neighbourhood shopping centre. Anchored by Supa IGA and Woolworths supermarkets supported by approximately 100 other complementary retailers • Gladstone Park: established north-western metropolitan suburb conveniently accessed and visible from Tullamarine Freeway 15km from the Melbourne CBD • Rent: $48,000 pa + GST Suits $700k+ buyers Supa IGA Woolworths Auction 11am AEST Wednesday 12 September 2018 River Room, Crown Casino, Melbourne Beau Coulter 0413 839 898 bcoulter@burgessrawson.com.au Shaun Venables 0411 860 865 svenables@burgessrawson.com.au Boundaries are indicative only All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information 24 but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply.
Sydney Portfolio Auction Superb Investment Opportunities Transport Westfield Interchange Shopping Trophy Freehold Bank Investment Long Term Eastern Suburbs Medical Investment Rockdale’s Best Landmark Retail Investment Kogarah (Sydney Metro) NSW Bondi Junction NSW Rockdale (Sydney Metro) NSW 134-136 Railway Parade 514-518 Princes Highway • Long term occupant on recently renewed 5 year lease + options • New 10 year lease expiring Aug. 2028 plus 5 + 5 year opts. to 2038 • Renewed 5 year lease to NAB until Sept. 2022 + options • Net Income: $160,425 pa + GST • Net Income: $127,938 pa + GST • Net Income: $238,790 pa + GST Auction 11am Tuesday 11 September, Sydney Auction 11am Tuesday 11 September, Sydney Auction 11am Tuesday 11 September, Sydney Simon Staddon 0413 640 851 Stephen Lovison 0450 024 104 Sam Horwitz 0439 628 022 Dean Venturato 0412 840 222 Simon Staddon 0413 640 851 Rhys Parker 0451 101 042 Ox for dS tre et Modestly Priced Childcare Investment Secure Inner Sydney Childcare Investment Rare Inner City Fast Food Investment Prestons (near Liverpool) NSW Alexandria NSW Darlinghurst NSW 108 Dalmeny Drive Lot 1, 95 Burrows Road Shop 1/241 Crown Street (near Oxford Street) • 10 year lease to G8 Education Ltd to 2022 plus options to 2037 • 10 yr. lease to Little Learning School to 2025 + opts. to 2045 • Renewed 8 year lease expiring 2026 + options to 2042 • Net Income: $157,912 pa + GST (Oct. 2018) • Net Income: $369,618 pa + GST • Net Income: $152,433 pa + GST Auction 11am Tuesday 11 September, Sydney For Sale by EOI, Closing 4pm Tuesday 18 September 2018 Auction 11am Tuesday 11 September, Sydney Michael Vanstone 0403 580 528 Michael Vanstone 0403 580 528 Rhys Parker 0451 101 042 Simon Staddon 0413 640 851 Dean Venturato 0412 840 222
eadquarters Trophy Corporate Headquarters Bn GlobalLong Tenant Standing – $3.9Bn 4% Global Annual Tenant – 4% Increases Annual Increases djacent to Booming Northern Location Adjacent Beachesto Northern Hospital Beaches Hospital New Town Centre New Town Centre Northern Beaches Northern Beaches Hospital Chatswood Hospital Proposed Beaches Link Tunnel/CBD Wakehurst Parkway Wakehurst Parkway Miele Miele ad Ro Intertek Intertek ah Schaeffler Schaeffler ng ri ar W Manly 26
Frenchs Forest NSW Building 10, Forest Central Business Park, 49 Frenchs Forest Rd East • Tenant occupied since built in 2003 and leased to 2021 + options to 2031 • Citizen Watches – global premium brand with roots going to 1918 with annual revenues of nearly $3.9 billion, listed in Tokyo and New York • Modern, prestigious business park just 400m from the brand new Northern Beaches Hospital • Huge local transport infrastructure spending with Warringah Road widening, Wakehurst Parkway widening and crucial new Western Harbour Tunnel & Beaches link • Strategic 1,539 sqm landholding with strong exposure to Warringah Road • Stunning contemporary office & warehouse building of 1,545 sqm • Offices constructed to NABERS 4.5-star standard • 30 on-site parking spaces (27 secure basement) • Booming local economy underpinned by strong population growth • Valuable depreciation benefits still available • Generous 4% fixed annual increases • Easily managed premium tenant investment Trophy landmark building Trophy • Net Income: $550,070 pa + GST landmark buil Premium global tenant Premium global tena Auction 11am Tuesday 11 September 2018 400m from brand new Doltone House400m Hyde Park, 181from brand Elizabeth Street, Sydney new $2 billion hospital $ 2 billion hospital Michael Gilbert 0430 024 790 Simon Staddon 0413 640 851 New tunnel to Sydney mgilbert@burgessrawson.com.au New tunnel to Sydney sstaddon@burgessrawson.com.au CBD & airport CBD & airport All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply. 27
Queensland Government Anchored Office Building Fully Refurbished – High Yielding Opportunity ! Rockhampton QLD 152-156 Bolsover Street • Centrally located 6 level office building in the heart of the Rockhampton CBD • Leased to Central QLD Hospital and Health Service and CFMEU with lease terms until 2024 + options • Major building refurbishment completed in 2012 • Large 2,024 sqm site comprising two blocks • 2,760 sqm of lettable area over 5 floors • 53 secure on-site carparks with remote access • Very well presented building offering a high level of office accommodation • Excellent 5.5-star NABERS Energy rating • Net Income: $628,274 pa + GST Boundaries are indicative only Auction 11am Tuesday 11 September 2018 Doltone House Hyde Park, 181 Elizabeth Street, Sydney Jamie Dewe 0410 350 273 jdewe@burgessrawson.com.au Kieran Bourke 0417 418 007 kbourke@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information 28 but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply.
High Yielding Investment in Cairns CBD – “Circa 8.5% Yield” Day Surgery Hospital & Fertility Clinic – Leased to 2025 Cairns QLD Lot 21, Cairns Central Plaza, 58-62 McLeod Street (Cnr Aplin Street) • High yielding whole floor CBD investment in Cairns Central Plaza • 10 year lease from February 2015 plus two 5 year options to 2035 • Modern medical accommodation including two operating theatres • Net lettable area of 950 sqm plus 15 exclusive use car spaces • High likelihood of long tenure with tenant’s extensive investment in fit-out and specialist medical equipment • One of Australia’s fastest growing regions with circa 150,000 population • Established fertility clinic operating since 2009 • Opposite Cairns Central Shopping Centre with 180 stores, largest centre in NQ • Cairns: medical hub of North Queensland • Tenant pays all usual outgoings (incl. Land Tax), as per lease • Next rent review in February 2019 • Net Income: $541,600 pa + GST Auction 11am Tuesday 11 September 2018 Doltone House Hyde Park, 181 Elizabeth Street, Sydney Pat Kelly 0412 244 456 pkelly@burgessrawson.com.au Simon Staddon 0413 640 851 sstaddon@burgessrawson.com.au Boundaries are indicative only All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply. 29
High Profile CBD Building Leased to Westpac Tenant in Occupation for 50 Years Proserpine QLD 84 Main Street (Cnr Chapman Street) • Secure new 5 year lease plus options through to April 2029 • Westpac Bank: ASX listed giant, Market Cap $102 billion • Fixed 3% increases – assuring growth • Central 908 sqm retail corner site with dual frontage of 92 metres • Ample on-site parking • Versatile modern single level building comprising 383 sqm • Recent capital improvements include new roof, box gutters, drainage, carpet and carport • Absolute centre of the CBD • Proserpine: home to recently upgraded Whitsunday Coast Airport, Boundaries are indicative only 450,000+ passengers annually, Australia’s sugar capital, gateway to the Great Barrier Reef and commercial centre of the Whitsunday Region, trade catchment circa 34,000 • Net Income: $108,259 pa + GST Auction 11am Tuesday 11 September 2018 Doltone House Hyde Park, 181 Elizabeth Street, Sydney Pat Kelly 0412 244 456 pkelly@burgessrawson.com.au Michael Gilbert 0430 024 790 mgilbert@burgessrawson.com.au All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information 30 but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply.
“Looking back in the rear- Childcare specialist Natalie no evidence of this significant Recent Sale Highlights view mirror from August 2018, Couper observed, “This means growth ever recorded for any it is obvious that the childcare that between 2011 and 2018 property sector in Australia.” property market was a sleeping the total number of LDC cen- “In the past 18 months, giant,” said childcare property tres available grew by 20 per Burgess Rawson has sold 111 specialist and Burgess Raw- cent, however the sales volume childcare assets. Other agents son Associate Director, Adam increased by a staggering 1,693 have been active in the market Glen Huntly VIC Thomas. per cent.” too. The sheer number of sales Buddies Early Learning In June 2011, the Federal provides compelling data for SOLD March 2018 government reported that there $7,350,000 | Yield 5.38% were 6,053 established Long “In the past 18 journalists. These incredible sales figures are the reason why Day Care (LDC) centres na- months, Burgess childcare assets continue to Massive tionally, presenting significant opportunities for freehold prop- Rawson has sold make new headlines across the erty investment. Surprisingly, 111 childcare country,” added Mr Thomas. The 2018 release of assets.’’ Increase in Brunswick VIC in the 2010/11 financial year, Burgess Rawson’s 2nd Happy Hippo Kindergarten only 14 of these assets sold Childcare Property Invest- SOLD April 2018 in the open market valued at Adam Thomas said there $7,375,000 | Yield 5.42% Childcare approximately $32 million. were several factors behind ment Report, highlights the low sales at that time; includ- industry’s continued domi- Fast forward to the 2017/18 ing the industry recovery from nance in the Australian com- financial year. The Federal Property Sales the ABC collapse and associat- mercial property space. For a government recently reported that the total of number of LDC ed high level of caution in the copy of the 2018 report visit: centres is 7,256. More than 125 private investor community. lp.burgessrawson.com.au/ Geelong West VIC freehold assets were sold dur- “Based on our experience childcare Elements Childcare Adam Thomas & Natalie Couper, Burgess Rawson Childcare Specialists ing this period valued at over in the freestanding commer- SOLD June 2018 $5,450,000 | Yield 6.34% $567 million. cial property market, there is Australia’s fastest growing commercial real estate investment class NEW REPORT The report offers exclusive market insights from our leading sector experts into: New Federal Government Child Care Subsidy Major players in the market Childcare Market analysis Property Property values, rentals & returns Learn more now! 2018 Investment Report To download the report visit lp.burgessrawson.com.au/childcare
For Sale by Brand New Service Station Expressions of Interest New 15 Year Lease Prime Perth Metro Location Bibra Lake (Perth) WA 35 Port Kembla Drive • 15 year net lease to 7-Eleven to Sept. 2032 plus 4 x 5 year options to 2052 • 10 year net lease to IMO Carwash to Sept. 2027 plus 10 year option to 2037 • 7-Eleven: major growing fuel network of over 630 petrol stations and convenience stores across Australia with annual sales of $3.6 billion • IMO Carwash: the world’s largest and fastest growing carwash company with over 800 sites across 12 European countries and Australia • High exposure 4,060 sqm corner site opposite Bunnings • Bibra Lake: popular Perth suburb only 21 km from Perth CBD • Guaranteed growth: annual fixed 3% rent increases • Tenants pay all outgoings (incl. land tax), as per Leases • Significant tax depreciation benefits • Easily managed investment, suit local and interstate investors • Combined Net Income: $426,420 pa + GST (Sept. 2018) Bunnings For Sale by Expressions of Interest Closing 4pm AEST Thursday 13 September 2018 Spearwood Avenue Port Kem Rob Selid 0412 198 294 bla D rive rselid@burgessrawson.com.au Darren Beehag 0411 226 223 dbeehag@burgessrawson.com.au Boundaries are indicative only All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents. The Retail Leases Act 2003 may apply.
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