Burgess Rawson’s Investment Portfolio 165 realised an impressive $85 million in transactions
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Dec 8, 2023
Burgess Rawson’s Investment Portfolio 165 realised an impressive $85 million in transactions
Burgess Rawson CEO, Ingrid Filmer said investors were out in force with food high on the menu resulting in a success rate of 78 per cent over the three day event.
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The Brisbane auction saw a KFC in Bridge Street Wilsonton sold for $5 million
Burgess Rawson’s Investment Portfolio 165 realised an impressive $85 million in transactions and a success rate of 78 per cent over the three day event.
Burgess Rawson CEO, Ingrid Filmer said investors were out in force with food high on the menu.
The Brisbane auction saw a KFC in Bridge Street, Wilsonton sell for $5 million while a Bridgestone investment in Karalee sold for $2.135 million on a yield of 4.46 per cent.
The Melbourne auction totalled more than $40 million with food assets proving the most popular and achieving yields sub 4.0 per cent including the sale of McDonald’s in Yanchep WA which sold for $4.754 million providing a return of 3.91 per cent.
Golden Hills Brewery in Diamond Creek sold for $2.225 million reflecting a yield 4.1 per cent.
In Rye, spirted bidding saw three affordable investments on Point Nepean Highway all sell, achieving an average yield of 3.9 per cent.
Highest sale on was the Supercheap Auto and Petbarn in Mount Gambier for $7.11 million.
In Mildura, an asset leased to Country Hearing Care sold for $2.18 million against a reserve of $1.75 million. It had 10 registered bidders and 81 bids.
The event kicked off in Sydney yesterday achieving a success rate of 83.33 per cent.
Sales incdlue The Next Step Childcare centre in Tahmoor transacting for $7 million and reflecting a yield of 5.75 per cent.
Four medical suites at 12 Jarrett Street, North Gosford also sold under the hammer with prices ranging from $1.52 million to $225,000.
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The Brisbane auction saw a KFC in Bridge Street Wilsonton sold for $5 million
Important Information:
Contact details:
Ingrid Filmer
Burgess Rawson CEO
Email
18592
13844
Ingrid Filmer
