Burgess Rawson Partner, Raoul Holderhead announced “This is our largest portfolio offering in more than two years and showcases a vast range of quality assets across convenience retail, fast food, early education, retail, medical, and industrial sectors.”
Burgess Rawson has launched its upcoming National Portfolio Event 172, offering investors a unique opportunity to acquire high-performing properties across all key sectors and in prime locations.
Burgess Rawson Partner, Raoul Holderhead said “This is our largest portfolio offering in more than two years and showcases a vast range of quality assets across convenience retail, fast food, early education, retail, medical, and industrial sectors.”
Big ticket assets on offer include the Story House ELC and Gold’s Gym in Miranda, New South Wales which is leased at a net annual rental of $907,395 while a Salvos, MyCar and Lifeline property in Cleveland, Queensland returning $623,670 is also up for sale. In Paynesville, Victoria, the Ritchies IGA and Australia Post asset offers a return of $536,127 per annum.
Another notable listing includes an asset leased to ‘Cell Care’ at 42 Corporate Drive, Moorabbin which has a renewed seven-year lease to 2032. Cell Care is part of leading global Nasdaq medical device company, CooperCompanies with a current market capitalisation of $32.34 billion.
Burgess Rawson’s Jamie Perlinger highlighted that the tenant has been on-site for 16 years, demonstrating a strong commitment to the location.
Additionally, the investor-favoured net lease terms ensure that Cell Care is responsible for all outgoings, including single holding land tax, providing further appeal to potential investors.
The asset has an income of $340,043 per annum and occupies a 3,536-square-metre Commercial 2 zoned site, and provides ample space for future development or tenant expansion.
Another standout is the Peregrine OTR/Viva Energy portfolio, which includes three premium freehold convenience retail outlets in South Australia, expected to achieve over $23 million. Exclusively listed by Mr Perlinger and Mr Holderhead, these properties present an attractive prospect for investors seeking secure, long-term leases.
Mr Perlinger noted, "With secure, long-term leases and a solid standing in the retail sector, these outlets are well-positioned to meet the growing demand for strategically located convenience stores, offering promising returns in a thriving market."
Mr Holderhead added, "Demand for convenience retail outlets has gained momentum, with 2024 delivering sharper returns compared to the previous year."
The Viva outlet on Kensington Road, Marryatville, is leased for 15 years, with options extending to 2074, and generates a net annual rental of $265,691.
The Viva asset on Main South Road, Darlington, leased for 16 years, yields $330,995 per annum and includes Subway and a car wash on a substantial 4,245 sqm site.
The flagship asset on Port Road, West Croydon, is leased to Viva Energy under a new 18-year triple net head lease, with options extending to 2077.
Additional tenants include Subway, Krispy Kreme's SA state HQ with retail outlet and production facility plus 24/7 drive thru, and a telecommunications tower, with a total net income of $759,802 per annum.
The event will feature three KFC assets, each with a 10-year net lease extending to 2034, with options through to 2064. These low-risk investments offer fixed annual rent increases of 3%, ensuring long term rental growth.
The KFC properties are located in Moss Vale, Bathurst, and Young, New South Wales, all in strategic locations, with strong depreciation benefits and future upgrades.
A premium fast food and convenience retail asset at 539 Southport Nerang Road, Molendinar is also part of the portfolio offering. The new development features tenants such as Guzman y Gomez,
Zarraffa’s Coffee, and Hope Energy, offering long-term leases and significant growth potential in the rapidly expanding Gold Coast region.
The Portfolio Auction Event kicks off at the Sydney Opera House on October 29, followed by Melbourne at Crown Casino on October 30, and concluding in Brisbane at The Hilton on October 31.
Related readings
Peregrine Corporation portfolio in South Australia for sale – Burgess Rawson
Gold Coast fast food & convenience centre for sale via Burgess Rawson portfolio auction