dental corporation (part of bupa) 11 duke street, grafton nsw 2460 · 2018-04-11 · burgess rawson...

Sales/LeasingInvestmentPortfolio AuctionsManagement

Dental Corporation (Part of Bupa) 11 Duke Street, Grafton NSW 2460

Property Report

For Sale by Deadline Private TreatyClosing 4pm Tuesday 22 May 2018 (Unless Sold Prior)

Shopping Centre

Tax Depreciation

Table of Contents

Introduction 4

Investment Features 6

Location 8

Property Details 10

Property Description 11

Lease Details 12

Financial Summary 12

Tenant Profile 13

Sale Process 14

Property Management 15

Disclaimer 16

Annexures

Deposited Plan Ground Floor Plan First Floor Plan Remittance AdviceDPT Form

Available on Request

Lease Detailed Building Plans Sale Contract

Tax Depreciation

Burgess Rawson 32 11 Duke Street, Grafton NSW - Property Report

Introduction

Burgess Rawson is delighted to offer to the market for sale a 11 Duke Street in Grafton NSW. This is a freehold medical investment leased to global healthcare giant Bupa. For Sale by Deadline Private Treaty closing 4pm Tuesday 22 May 2018 (unless sold prior).

Indicative Yield: circa 7%

Burgess Rawson

Burgess Rawson are national property specialist who manage, sell and lease commercial assets for our large investor and owner occupier client base.

Since being established in 1975, 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, 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.

Based on our knowledge and experience, Burgess Rawson are confident in recommending the property as an outstanding investment opportunity.


Kieran Bourke 0417 418 007 [email protected]

Site Area500.8 sqm

Lease Details • Renewed 5 year lease until July 2022 plus option until 2027

• Annual CPI reviews

Net Income$84,393 pa + GST

Method of SaleDeadline Private TreatyClosing 4pm Tuesday 22 May 2018 (Unless Sold Prior) Indicative Yield: 7%

Renewed 5 year lease until July 2022 plus option until 2027

Leased to Dental Corporation who are owned by Bupa, a global healthcare giant partner to more than 13 million people across 190 countries

Established medical location, 50+ years as a dental surgery, current tenant in occupation since 2012

Strategic location close to Grafton Town centre adjacent Grafton’s largest shopping centre anchored by Woolworths & Coles

Grafton is the commercial hub of the Clarence River Valley. This LGA comprises a population of 51,040 (2015 census)

Major city infrastructure upgrades funded include a second Grafton bridge, new correctional facility and Pacific Highway upgrades

Easily managed single tenanted investment

Net Income: $84,393 pa + GST

Investment Features


Location

The city of Grafton (also known as the Jacaranda City) is the commercial hub of the Clarence Valley. Located approximately 619 kilometres north of Sydney and 325 kilometres south of Brisbane, Grafton is easily accessible by road, rail and air.

Grafton is the administrative centre of the Clarence Valley Local Government Area (LGA) and is home to the Clarence Valley Council Chambers. The Clarence Valley LGA has a population over 51,040 residents. Grafton has benefited from and continues to benefit from several major infrastructure projects either underway, or recently announced including a new Grafton Bridge, new correctional facility and major Pacific Highway upgrades.

As well as being the administrative centre of the Clarence Valley LGA, Grafton is also the main service centre for the region, which makes Grafton the commercial and professional hub of one of New South Wales’ most dynamic and fastest growing regions.

As the service centre for the Clarence Valley, Grafton boasts many major banks and national retailers including the Commonwealth Bank, Westpac Bank, Woolworths, Coles, Bunnings and Aldi. Many of which are located within Grafton’s major Shopping Centre whilst others are located in Grafton’s main retail precinct (Prince Street) and is host to an array of retail outlets, cafés, pubs and restaurants.

The Property

The subject property is ideally positioned next to Grafton Medial Centre and adjacent Grafton Shopping World Centre on Fitzroy Street which is one of the main thoroughfares through Grafton’s retail precinct.


Zoning

B3 Commercial Core under Clarence Valley LEP 2011

Objectives of zone

• To provide a wide range of retail, business, office, entertainment, community and other suitable land uses that serve the needs of the local and wider community.

• To encourage appropriate employment opportunities in accessible locations.

• To maximise public transport patronage and encourage walking and cycling.

• To reinforce Grafton/South Grafton as the major regional business centre in the Clarence Valley that is to accommodate major state and regional services, professional services and provide higher order shopping.

• To ensure the maintenance and improvement of the historic, architectural and aesthetic character of the commercial core area.

• To enable development that promotes high end retail uses and maintains the retail continuity of the streetscape.

Permitted without consent

Home-based child care; Home occupations; Home occupations (sex services)

Permitted with consent

Boarding houses; Centre-based child care facilities; Commercial premises; Community facilities; Educational establishments; Entertainment facilities; Function centres; Home industries; Hotel or motel accommodation; Information and education facilities; Medical centres; Passenger transport facilities; Recreation facilities (indoor); Registered clubs; Respite day care centres; Restricted premises; Roads; Shop top housing

Address: 11 Duke Street, Grafton NSW 2460

Title Details: Lot 2 in Deposited Plan 1045620

Site Area: 500.8 sqm (According to annexed Deposited Plan)

Zoning: B3 Commercial Core

Property Details Property Description

The building comprises a well maintained circa 1950’s part two (2) storey brick and weatherboard building which has been converted and refurbished to accommodate a dental practice.

Approximate gross floor areas as follows:

• Ground Floor: 239m

• First Floor: 90m

• Rear Carport 53m

• Rear Garage 19m

Ground floor relatively modern commercial space with a purpose-built fit-out specific to dental tenancy. Accommodation includes waiting room – reception; five surgery rooms, X-Ray room; kitchenette; manager’s office; toilet facilities; laboratory and sterilization room; plus office storage. Access to the ground floor is available via front and rear steps, and a disabled ramp located to the north eastern corner of the allotment.

The first floor is accessed via internal stairwell only and provides a break out space for staff and includes landing; office storage room; archives room; 2 separate toilets with WC & hand basin to each; kitchenette; open plan staff room. Additional improvements include a two space car carport, single garage, bitumen sealed hardstand driveway with parking and metal fence to northern boundary.

Ground Floor Dental Surgery

First Floor Staff Amenities


Gross Income: $90,000 pa + GST

LESS Current Yearly Outgoings

Rates and Charges: $3,694.67

Land Tax (on single holding basis): Nil

Insurance: $1,912.10

Total Yearly Outgoings: $5,606.77

Net Income: $84,393 pa + GST

Lease Details

Lessee: Dental Corporation Pty Ltd (ACN 124 874)

Trading as: Grafton Dental Centre

Lease Term: 5 Years

Lease Commencement: 6 July 2017

Lease Expiry: 5 July 2022

Option: 1 x 5 years extending until 2027

Rent Reviews: Annual CPI rent reviews

Outgoings: Paid by the landlord including Council Rates, Water rates, Land Tax (on a single holding basis) and Insurance

Gross Income: $90,000 pa + GST

Please note that the above information is intended as a summary of the lease agreement supplied and has been represented as accurately as possible. We recommend prospective purchasers make their own enquiries to gain a thorough understanding of the provisions of the lease contained within the Sale Contract.

Financial Summary

Tenant Profile

Bupa Dental Corporation (BDC) is the largest dental network in Australia and New Zealand. Through our unique business approach, we partner with leading general and specialist dental practices.

Founded in 2007, BDC acquires and collaborates with quality dental clinics, helmed by experienced practitioners. Since its foundation, we have continually expanded and developed an array of support services.

We are Australia and New Zealand’s largest dental group, comprised of more than 220 clinics and over 800 dentists. In 2010, BDC was partially acquired by international healthcare group, Fortis Global Healthcare Pty Ltd. Fortis made further investments in May 2011, taking a controlling stake in the business by acquiring shares from existing shareholders, including dentists.

In May 2013, Dental Corporation became part of Bupa. This partnership gives us further strength and opportunity to expand our scope and provide dentistry to a larger number of patients.

Together we can help people live longer, healthier, happier lives.

Bupa is an international health and care partner to more than 13 million people across 190 countries. Bupa operates almost 800 dental clinics across the UK, Spain, Chile, Hong Kong and Poland.

With no shareholders, Bupa reinvests its profits back into the business to deliver better products and services for its customers. For more information, visit www.bupa.com.


Sale Process

Inspections

All inspections of the property must be arranged by and be in the company of a representative of Burgess Rawson. Confirmed inspections times will be notified in advance by email.

Terms of Sale

Deposit of 10% payable upon exchange and the balance upon settlement. It is proposed the property will be offered as a ‘going concern’ and if the purchaser meets the provisions of the GST legislation the sale will not incur GST.

Method of Sale

Deadline Private Treaty

Closing 4pm Tuesday 22 May 2018 (Unless Sold Prior)

Indicative Yield: 7%

Burgess Rawson Level 18, 15 Castlereagh Street Sydney

Kieran Bourke D 02 8113 5201 M 0417 418 007 E [email protected]

Property Management

At Burgess Rawson, we’re not only market leaders in investment sales, but did you know that we aim to enhance the value and return of your investment? We provide a strong and sophisticated professional property management team that will ensure long-term success of your asset.

• Our Property Management Department have a nation-wide management portfolio valued in excess of $2 billion and with market knowledge of all forms of commercial property, we have the ability to manage your property no-matter the type or its location

• Our team prides itself on relationship building with all of our tenants, and has built quality relationships with blue chip companies such as Bunnings, Coles, ING, Liquorland, Woolworths as well as the four major Banks and many small businesses. This skill is paramount in tenant retention, avoiding long periods of vacancy and minimises arrears

• Our experienced team will add value to your asset by taking an investor minded management approach. We will forecast and maximise your return by thinking “return on investment” in all property dealings

• Due to the fact that we manage all forms of commercial, industrial and retail property, we can tailor a management package to suit your individual requirements

• We are commercially minded, monitor expenditure closely & treat each property as if it were our own

• By undertaking regular inspections of all our managed assets to ensure presentation is at its best at all times and through close monitoring of critical lease terms and conditions we ensure that no obligation or detail is missed...minimising risk to our clients.

There are many other ways that our management team can maximise your property’s investment return, even in difficult market conditions. To find out how we can help you, please call us today.

Martin Fisher

Director, Property Management Division D 02 8113 5244 O 02 9232 6288 E [email protected]


Disclaimer

This Property Report has been prepared in good faith and with due care by Burgess Rawson (NSW) Pty Ltd and if applicable, its conjunctional agent. This disclaimer may also extend to include any other Burgess Rawson Australian office referred to henceforth as “Burgess Rawson”.

By accepting this Property Report, recipients agree for themselves and their affiliates to the terms of this Disclaimer. This Property Report has been prepared solely for general information purposes and not as specific advice to any particular recipient or any other person. It is not to be construed as a recommendation by Burgess Rawson that any recipient proceeds with any investigation or with any purchase and/or lease of a property or service. In all cases recipients should carry out their own independent investigation, assessment and analysis.

Intending purchasers should note:

• In the event of any inconsistency of this property report and the contract for sale of land, the provisions of the contract for sale of land shall prevail.

• The lease details (if applicable) contained in this Property Report are only illustrative of the relevant lease document/s.

• Figures for outgoings and rentals as stated in this Property Report may be based on estimates. Potential purchasers should make their own judgement as to the likely net income.

• The only representations and warranties which have any legal effect will be those that are expressly included in any legally binding contract that may be concluded with a successful purchaser.

• All stated dimensions and areas are approximate.

To the maximum extent permitted by law, no

member of Burgess Rawson, their respective directors, employees, agents, conjunctional agents, advisors or representatives, as the case may be:

• Provides any undertaking, express or implied, as to the accuracy, adequacy, reliability, reasonableness or completeness of the information or any opinion or statement contained in this Property Report;

• Shall have any liability (including for negligence) for any statements, opinions, information or matters arising out of, contained in or derived from, or for any errors or omissions from or failure to correct, any information in this Property Report or any other written or oral communications transmitted to any recipient;

• And/or is under any duty of disclosure or fiduciary duty or any obligation to update any information contained in this Property Report or any other written or oral communication transmitted or made available to a recipient, or to notify any person should any such information cease to be correct after the date hereof or the date of provision, as the case may be,

• And each recipient, by accepting delivery of this Property Report, waives all rights in that regard.

This Property Report is provided to the recipient on a confidential basis, and is not to be resupplied to any other person without the prior written consent of Burgess Rawson. The recipient may, however, disclose the Property Report to any of its employees, advisors (including lawyers and accountants) or agents to the extent absolutely necessary to allow the recipient to evaluate the property/properties and to act on an opportunity to purchase the property/properties, but will ensure that those employees, advisors or agents maintain the confidentiality of this Property Report.

Burgess Rawson 16

Ground Floor Plan

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Offer Form Deadline Private Treaty

For the purchase of: Dental Corporation Dental Surgery / 11 Dike Street, Grafton NSW

Purchaser/s entity ___

ACN/ABN

Purchaser address

Suburb State Postcode

Contact name/s

Contact telephone

Email @

Conditions (if any):

__

Note If the property being sold is a ‘going concern’ GST is not payable on the purchase price. Should for some reason it be otherwise and GST is payable in addition to the purchase price, the purchaser will be required to pay the vendor an amount equivalent to the GST on completion of the contract.

Price: (exclusive of GST)

I / We can exchange within one (1) week of submitting this offer

No (tick either)

42 days 60 days (tick preference)

Signature of, or other

Execution by a person authorised

to sign and bind the Registrant

/ 2017

Please return this form to Burgess Rawson Post / In Person Burgess Rawson Sydney, Level 18, 15 Castlereagh Street, Sydney NSW 2000 Scan + email: [email protected]

mailto:[email protected]


*Approx

Brand New 15 + 10 + 10 Year Lease Inner City Supermarket in Australia’s Most Densely Populated Suburb

Trophy Childcare Site – DA ApprovedHighly Exposed Corner Position – Southern Sydney

Outstanding Retail & Residential Investment with Major Value Add and Development Upside in the Famous Paddington “Five Ways” Hub

3 Prime Inner West Investments Secure Leases – Fantastic Growth Location 4 km to CBD

Trophy Childcare Centre in Growing Master Planned Township

Shell Branded Service Station Adjoining Coles – 10 Year Lease

Metro Brisbane Fast Food Trophy AssetNew 12 Year Lease with Huge Landholding

Freehold Bank Investment CBD Corner Location

Modern Convenience CentreFast Food Drive-Thru Investment

10 Year Lease to ASX Listed GiantPre-Eminent Industrial Location

Trophy Service Station InvestmentGround Lease to ASX Tenant

Affordable Freehold Main Street Fast Food Investment

Renewed Lease to National Australia BankHigh Growth Coastal Hotspot

Strong Trading Medical InvestmentExternal Administrator Appointed

Long Established Childcare Centre + Separate 4br House

The Ultimate Trophy Childcare Investment

State-of-the-Art Trophy InvestmentASX Listed National Tenant

Securely Leased Retail InvestmentNational Brand Tenants

Long Established Successful PharmacySecure 5 Year Lease

Entry Level Freehold Commercial Investment

High Yielding Childcare InvestmentLong 20 Year Lease to 2037

Central Gold Coast Childcare Investment

High Profile Establ. 7-Eleven Petrol StationOpposite Major Shopping Centre

Well Positioned Affordable Investment

High Yielding Entry Level Investment Established Industrial Precinct

5 + 5 Year LeaseFreehold Medical Investment

Pyrmont NSWLot 1, 63-79 Miller Street• New 15 year lease to Supa IGA until 2033

plus options to 2053

Oatley (Near Hurstville) NSW66 Mulga Road (Cnr Gungah Bay Road)• DA Approved 49 place childcare site with a

design capacity for 55 places

Paddington NSW239-241 Glenmore Road• Leased to renowned high end Sonoma

Bakery & long term Vietnamese Restaurant

Rozelle NSWTerry Street & Nagurra Place• Rare 4% annual rent increases• Valuable depreciation benefits available

• Substantial 5,333 sqm* premises over 2 levels• Bustling inner city entertainment precinct• Net Income: $1,030,410 pa*

• Sought after residential landholding of 778 sqm* in upmarket suburb

• Rare opportunity for a developer or owner/occupier to build a childcare facility

• Includes 3 x residential apartments, 3 lock up garages & storage areas

• Net Income: $207,225 pa*

Googong (Queanbeyan) NSW225 Gorman Drive• 15 yr. lease to 2033, + 4 x 5 yr. opts. to 2053• Net Income: $360,000 pa*

Kurri Kurri (Near Newcastle) NSW279 Lang Street• Recent 10 yr. lease to 2027 + opts. to 2047• Net Income: $256,500 pa*

Redcliffe (Brisbane) QLD76 Anzac Avenue• New 12 yr. lease to Feb. 2030 + opts. to 2060• Net Income: $170,000 pa* (excl. Land Tax)

Broken Hill NSW384-386 Argent Street

• New 4 yr. lease to late 2021 + opts. to 2033• Net Income: $140,000 pa*

Townsville (Currajong) QLD161 Hugh Street• Predominantly 15 year & 10 year leases• Net Income: $474,056 pa* (fully leased)

Smeaton Grange NSW43 Dunn Road• 10 yr. lease to 2025 + 5 year opt. to 2030• Net Income: $374,746 pa*

Capalaba (Brisbane) QLD155 Mount Cotton Road• 15 yr. lease exp. 2033 + 4 x 5 yr. opts. to 2053• Net Income: $300,000 pa*

Jerrabomberra (Queanbeyan) NSW10 Limestone Drive• Ground lease to Woolworths until 2022 + opts. to 2042• Income: $71,628 pa*

Northam WA68 Fitzgerald Street• Strong 10 yr. lease to 2024 + opts. to 2034• Net Income: $29,963 pa*

Woy Woy (Central Coast) NSW40 Blackwall Road• Renew. 3 + 3 + 3 yr. lease to NAB (Aug. 2017)• Net Income: $145,559 pa* (NAB 83%)

Kalgoorlie WA102 Brookman Street• Leases to 2021 + opts. to 2031• Net Income: $260,046 pa*

Unanderra (Wollongong) NSW2 Industrial Road• Fully leased modern freehold investment• Net Income: $265,349 pa*

Empire Bay (Central Coast) NSW433 Wards Hill Road• New 15 yr. net lease to 2032 + opts. to 2052• Combined Net Income: $195,771 pa*

Strathpine QLD136-140 Gympie Road• Brand new 15 yr. lease to 2032 + opts. to 2052• Net Income: $354,062 pa* (May 2018)

Queanbeyan NSW2 High Street• 10 year lease to 2027 + options to 2047• Net Income: $390,000 pa*

Mittagong NSW185 Old Hume Highway• Renew. leases to Lincraft (8 yrs.) & Reject Shop (5 yr.s)• Net Income: $273,890 pa*

Dorrigo NSW67 Hickory Street• 5 yr. lease to Sept. 2022 + opts. to 2037• Rent: $54,636 pa* (Sept. 2018)

Grafton NSW81-83 Victoria Street• Long secure lease profile• Net Income: $77,464 pa*

Port Macquarie NSW1-3 Cathie Road• 20 yr. lease to 2037 + 2 x 10 yr. opts. to 2057• Net Income: $267,800 pa* (May 2018)

Southport (Gold Coast) QLD2-8 Nesbit Street• 20 year net lease to 2032 + opts. to 2042• Net Income: $166,876 pa*

Toowoomba (Harristown) QLD328-330 James Street• 15 yr. lease to 2020 + opts. through to 2025• Net Income: $416,268 pa*

Mitchell ACTLysaght & Darling Street• Brand new 7 yr. lease to 2024 + 1 x 3 yr. opt.• Net Income: $56,298 pa*

Cannonvale (Airlie Beach) QLDLots 1 & 4, 8 William Murray Drive• Renew. 4 yr. lease to 2021 + opts. to 2031• Net Income: $93,545 pa*

Grafton NSW11 Duke Street• Net Income: $86,000 pa*For Sale by DPT Close 4pm 10 May 2018

burgessrawson.com.au/portfolio-auctions

Simon Staddon 0413 640 851

Michael Vanstone 0403 580 528

Sam Horwitz 0439 628 022

Dean Venturato 0412 840 222

Tom Doran 0407 928 324

Michael Gilbert 0430 024 790


Guy Randell 0430 272 999

Rhys Parker 0451 101 042

Darren Beehag 0411 226 223


Glenn Conridge 0413 873 337






Jamie Perlinger 0413 860 315


Jamie Dewe 0410 350 273




Rob Selid 0412 198 294




Rob Selid 0412 198 294




Adam Thomas 0418 998 971


David Ingram0403 464 621

Kieran Bourke 0417 418 007

Mitchell Frail 0429 103 979




Scott Meighan 0413 830 709









Steve Burke 0428 434 464




®SUPA LIQUOR

plus

SUPA LIQUORplus

R

Investment Portfolio Auction 120 11am Tuesday 8 May 2018, Doltone House Hyde Park, 181 Elizabeth Street Sydney

Gungah Bay Road

Mul

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oad

Boundaries are indicative only

Boundaries are indicative onlyBoundaries are indicative only Boundaries are indicative only

Dominant Childcare Centre Investment15 + 5 + 5 + 5 + 5 Year Lease


CALTEX

BWS Baker’s Delight

Bottlemart

Car Wash

Anytime FitnessWoolworths

1

Cutri & Co.Fruitologist

Substantial Fully Leased Commercial Investment


On Instructionsfrom Cor Cordis

Tenant Lease Term Net IncomeFruitologist 10 year + 10 opt. $227,136 pa*Empty Glass To 2021 + opt. $37,856 pa*Cutri & Co Barber To 2021 + opt. $34,611 pa*

For Sale by Private Treaty


*Approx

Brand New 15 + 10 + 10 Year Lease Inner City Supermarket in Australia’s Most Densely Populated Suburb

Trophy Childcare Site – DA ApprovedHighly Exposed Corner Position – Southern Sydney

Outstanding Retail & Residential Investment with Major Value Add and Development Upside in the Famous Paddington “Five Ways” Hub

3 Prime Inner West Investments Secure Leases – Fantastic Growth Location 4 km to CBD

Trophy Childcare Centre in Growing Master Planned Township

Shell Branded Service Station Adjoining Coles – 10 Year Lease

Metro Brisbane Fast Food Trophy AssetNew 12 Year Lease with Huge Landholding

Freehold Bank Investment CBD Corner Location

Modern Convenience CentreFast Food Drive-Thru Investment

10 Year Lease to ASX Listed GiantPre-Eminent Industrial Location

Trophy Service Station InvestmentGround Lease to ASX Tenant

Affordable Freehold Main Street Fast Food Investment

Renewed Lease to National Australia BankHigh Growth Coastal Hotspot

Strong Trading Medical InvestmentExternal Administrator Appointed

Long Established Childcare Centre + Separate 4br House

The Ultimate Trophy Childcare Investment

State-of-the-Art Trophy InvestmentASX Listed National Tenant

Securely Leased Retail InvestmentNational Brand Tenants

Long Established Successful PharmacySecure 5 Year Lease

Entry Level Freehold Commercial Investment

High Yielding Childcare InvestmentLong 20 Year Lease to 2037

Central Gold Coast Childcare Investment

High Profile Establ. 7-Eleven Petrol StationOpposite Major Shopping Centre

Well Positioned Affordable Investment

High Yielding Entry Level Investment Established Industrial Precinct

5 + 5 Year LeaseFreehold Medical Investment

Pyrmont NSWLot 1, 63-79 Miller Street• New 15 year lease to Supa IGA until 2033

plus options to 2053

Oatley (Near Hurstville) NSW66 Mulga Road (Cnr Gungah Bay Road)• DA Approved 49 place childcare site with a

design capacity for 55 places

Paddington NSW239-241 Glenmore Road• Leased to renowned high end Sonoma

Bakery & long term Vietnamese Restaurant

Rozelle NSWTerry Street & Nagurra Place• Rare 4% annual rent increases• Valuable depreciation benefits available

• Substantial 5,333 sqm* premises over 2 levels• Bustling inner city entertainment precinct• Net Income: $1,030,410 pa*

• Sought after residential landholding of 778 sqm* in upmarket suburb

• Rare opportunity for a developer or owner/occupier to build a childcare facility

• Includes 3 x residential apartments, 3 lock up garages & storage areas

• Net Income: $207,225 pa*

Googong (Queanbeyan) NSW225 Gorman Drive• 15 yr. lease to 2033, + 4 x 5 yr. opts. to 2053• Net Income: $360,000 pa*

Kurri Kurri (Near Newcastle) NSW279 Lang Street• Recent 10 yr. lease to 2027 + opts. to 2047• Net Income: $256,500 pa*

Redcliffe (Brisbane) QLD76 Anzac Avenue• New 12 yr. lease to Feb. 2030 + opts. to 2060• Net Income: $170,000 pa* (excl. Land Tax)

Broken Hill NSW384-386 Argent Street

• New 4 yr. lease to late 2021 + opts. to 2033• Net Income: $140,000 pa*

Townsville (Currajong) QLD161 Hugh Street• Predominantly 15 year & 10 year leases• Net Income: $474,056 pa* (fully leased)

Smeaton Grange NSW43 Dunn Road• 10 yr. lease to 2025 + 5 year opt. to 2030• Net Income: $374,746 pa*

Capalaba (Brisbane) QLD155 Mount Cotton Road• 15 yr. lease exp. 2033 + 4 x 5 yr. opts. to 2053• Net Income: $300,000 pa*

Jerrabomberra (Queanbeyan) NSW10 Limestone Drive• Ground lease to Woolworths until 2022 + opts. to 2042• Income: $71,628 pa*

Northam WA68 Fitzgerald Street• Strong 10 yr. lease to 2024 + opts. to 2034• Net Income: $29,963 pa*

Woy Woy (Central Coast) NSW40 Blackwall Road• Renew. 3 + 3 + 3 yr. lease to NAB (Aug. 2017)• Net Income: $145,559 pa* (NAB 83%)

Kalgoorlie WA102 Brookman Street• Leases to 2021 + opts. to 2031• Net Income: $260,046 pa*

Unanderra (Wollongong) NSW2 Industrial Road• Fully leased modern freehold investment• Net Income: $265,349 pa*

Empire Bay (Central Coast) NSW433 Wards Hill Road• New 15 yr. net lease to 2032 + opts. to 2052• Combined Net Income: $195,771 pa*

Strathpine QLD136-140 Gympie Road• Brand new 15 yr. lease to 2032 + opts. to 2052• Net Income: $354,062 pa* (May 2018)

Queanbeyan NSW2 High Street• 10 year lease to 2027 + options to 2047• Net Income: $390,000 pa*

Mittagong NSW185 Old Hume Highway• Renew. leases to Lincraft (8 yrs.) & Reject Shop (5 yr.s)• Net Income: $273,890 pa*

Dorrigo NSW67 Hickory Street• 5 yr. lease to Sept. 2022 + opts. to 2037• Rent: $54,636 pa* (Sept. 2018)

Grafton NSW81-83 Victoria Street• Long secure lease profile• Net Income: $77,464 pa*

Port Macquarie NSW1-3 Cathie Road• 20 yr. lease to 2037 + 2 x 10 yr. opts. to 2057• Net Income: $267,800 pa* (May 2018)

Southport (Gold Coast) QLD2-8 Nesbit Street• 20 year net lease to 2032 + opts. to 2042• Net Income: $166,876 pa*

Toowoomba (Harristown) QLD328-330 James Street• 15 yr. lease to 2020 + opts. through to 2025• Net Income: $416,268 pa*

Mitchell ACTLysaght & Darling Street• Brand new 7 yr. lease to 2024 + 1 x 3 yr. opt.• Net Income: $56,298 pa*

Cannonvale (Airlie Beach) QLDLots 1 & 4, 8 William Murray Drive• Renew. 4 yr. lease to 2021 + opts. to 2031• Net Income: $93,545 pa*

Grafton NSW11 Duke Street• Net Income: $86,000 pa*For Sale by DPT Close 4pm 10 May 2018

burgessrawson.com.au/portfolio-auctions





Tom Doran 0407 928 324













Jamie Perlinger 0413 860 315


Jamie Dewe 0410 350 273




Rob Selid 0412 198 294




Rob Selid 0412 198 294






David Ingram0403 464 621


Mitchell Frail 0429 103 979




Scott Meighan 0413 830 709









Steve Burke 0428 434 464




®SUPA LIQUOR

plus

SUPA LIQUORplus

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Investment Portfolio Auction 120 11am Tuesday 8 May 2018, Doltone House Hyde Park, 181 Elizabeth Street Sydney

Gungah Bay Road

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Boundaries are indicative onlyBoundaries are indicative only Boundaries are indicative only

Dominant Childcare Centre Investment15 + 5 + 5 + 5 + 5 Year Lease


CALTEX

BWS Baker’s Delight

Bottlemart

Car Wash

Anytime FitnessWoolworths

1

Cutri & Co.Fruitologist

Substantial Fully Leased Commercial Investment


On Instructionsfrom Cor Cordis

Tenant Lease Term Net IncomeFruitologist 10 year + 10 opt. $227,136 pa*Empty Glass To 2021 + opt. $37,856 pa*Cutri & Co Barber To 2021 + opt. $34,611 pa*

For Sale by Private Treaty

dental corporation (part of bupa) 11 duke street, grafton nsw 2460 · 2018-04-11 · burgess rawson...

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