THE PROPERTY DEVELOPMENT REVIEW
5 58 Carrington Street, Palmyra, WA
8 309-315 Princes Highway, Colac, VIC
This childcare investment was one of our most viewed from the west. With a 20-year lease to Nido Early School, favourable CPI increases, tenant-paid outgoings, and its strategic location in a school district, it is no wonder that this site was attractive to investors. Managed by Burgess Rawson’s Adam Thomas, Natalie Couper and Chris Carcione, this is one of the few investment sites still available, if you’re quick. 6 265 Hawthorne Road, Hawthrone, QLD
This convenient retail investment found in a booming regional area of Victoria received high amounts of interest from investors. Marketed by Burgess Rawson’s Matthew Wright, Jamie Perlinger and Rick Jacobson, This investment is placed in the heart of Colac, and produces an estimated tenancy income of $410,675 p.a. from tenants 7/11 and Autopro. This asset was sold at auction, as part of Burgess Rawson’s Investment Portfolio 159. 9 34-36 Dalmeny Avenue, Rosebery, NSW
Found in the inner Brisbane suburb of Hawthorne, this high street retail investment garnered an impressive amount of views over the quarter. Marketed by Ray White Commercial’s Michael Feltoe and Lachlan O’Keeffe, this fully leased investment has a strong tenant mix of retail, hospitality and office space, a rental income of $319,902 p.a., and is one of few commercial spaces within Hawthorne, making it no surprise that it quickly sold at auction. 7 333 Halifax Street, Adelaide, SA
Originally built as a church, this site has been converted into a fully-fenced centre with a playground and ample parking spaces, making it a versatile opportunity for investors. Marketed by Ray White Commercial’s Baxter van Heyst, Samuel Hadgelias and Leslie (Yifu) Li, this investment holds two titles across a 1,391.2 sqm area and has approval for a 59-place childcare centre. 10 23 Old Great Northern Highway, Midland WA
Marketed by Knight Frank’s Oliver Totani and Jack Dyson, this office asset found in the heart of Adelaide’s CBD piqued much interest from investors. Holding a rare Torrens Title, 710 sqm office space, and no stamp duty payable, this investment proved to be one of our most viewed of the quarter from across the country.
This income-producing asset found in Midland’s ‘West End’ earned the eyes of many investors. Managed by Realmark’s Cambell Giles, the asset comes with a current five-year lease, holds a rental income of $81,272 p.a., and has a stable government tenant, making it an attractive asset for investors around the country.
April / May 2023 – 15
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