PORTFOLIO
NOVEMBER 2023 EXPERTS DISCUSS GROWTH OF CHILDCARE SECTOR HIGH GROWTH OF COMMERCIAL CONSTRUCTION
WHY INVESTORS NEED SPECIALISTS MANAGING THEIR COMMERCIAL ASSETS
P O R T F O L I O | RWC | 1
ANDREW FREEMAN HEAD OF AGENCY O P E R AT I O N S
2 | P O R T F O L I O | RWC
This month in Portfolio The year is nearing a close as we proudly
substantial impact on the performance and
present the November edition of
longevity of a real estate investment.
Portfolio magazine. We recap the October Between the Lines In this edition, commercial property expert
Live webinar, where our panel of experts
Ray White Head of Research Vanessa Rader
took a deep dive into the childcare sector.
discusses the Rider Levett Bucknall Q3 crane
Host Vanessa Rader was joined by RWC
index and what the number of cranes on
Western Sydney associate director Jai Sethi,
our skyline mean for the commercial
RW Capital executive director Ben Kirby,
property sector.
and Oxanda Education managing director Adrian Fonseca.
Commercial property management expert RWC Property Management Business Development Executive Leteicha Wilson shares her insight
James Linacre General Manager
into why investors need commercial specialists managing their commercial assets. She touches on four ways the right specialist can make a
Quick jump to a region
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QLD WA
NT | SA NSW | ACT
VIC | TAS
NZ
Experts discuss growth of the childcare sector
More than 200 people tuned in to RWC’s October Between
“People buying these assets are looking for a good return, but
the Lines Live webinar where the panel of experts took a deep
they have a stronger demand for that security.”
dive into the childcare sector from the perspective of an agent, financier, and operator.
RW Capital is a lender of equity and debt capital, and Mr Kirby said the business had deployed a lot of equity into childcare
Ray White head of research Vanessa Rader hosted the webinar
developments across NSW and Queensland.
and was joined by RWC Western Sydney associate director Jai Sethi, RW Capital executive director Ben Kirby, Oxanda
“Make sure you’re getting your visibility right in terms of
Education managing director Adrian Fonseca.
construction. Rents have also increased due to the costs of construction,” he said.
Mr Sethi said while the childcare sector had been around for more than a decade, it has really piqued investors’ interest in
“Development in the industry is well supported by the banks.
the last five years.
The cost of equity has certainly gone up in terms of that development piece, RW Capital is a bit more selective at
“It has gotten a lot of attention in the last four to five years due
the moment.
to the government subsidies. This has intrigued a lot of people,” he said.
“But there is no shortage of buyers once you get those developments complete. We’ve sold a number of them with
“During COVID we saw it was one of the safest investments
pretty tight cap rates.”
as it was still operating, so people saw the security and were paying premiums.
Mr Fonseca said Oxanda Education was a medium-sized childcare operator across NSW, Victoria, and Queensland.
“The prices we’re seeing are still quite stable. Since COVID,
He said Oxanda Education’s business model was to focus on
interest rates have doubled but we haven’t seen the adjustment
growth corridors popular with young families.
of the cap rate, people are still paying 5-5.5 per cent.
4 | P O R T F O L I O | RWC
“Historically the business model was based on
Mr Fonseca said subsidies were attractive
being nearby a primary school, but we saw a
to investors, but more completed product
shift where we think the better location is in a
was needed.
commercial precinct adjacent to a supermarket or a gym, or a neighbourhood centre,” Mr Fonseca said.
“We have bipartisan support for the sector which
“We’ve also found it’s often better to have a
is a strong starting point, subsidies will always
childcare centre in a commercial area instead of a
increase by CPI at least,” he said.
residential area as people often don’t want to live next to a childcare centre, but they’re okay with a
“Subsidies will continue, we just need to address
5-10 minute drive.
some of the supply issues in terms of centres, and the staffing side.
“Growth corridors are where the demand side is and where we like to be. When you move
“Large regional locations are good, especially places
closer to central high-income areas there are
like Newcastle and Geelong.
less young families.” “As an operator, demand is good. Hopefully interest All three childcare sector experts said the
rates stabilise and abate, if investors can front the
outlook for the sector was positive, despite
upfront piece, the rentals will continue to grow.
some challenges.
“Completed product is king.”
“Australia is a growing country and there is a
Mr Kirby agreed that demand outweighed supply
massive demand for childcare needs,”
for finished product.
Mr Sethi said. “Most investment will continue to go to metro “The investment side and leasing side will be
areas,” Mr Kirby said.
strong due to the three Ses - security, stability, and subsidies.
“Supply of new product will remain subdued due to the constraints in construction. We believe that will
“However, the prices have changed and
remain tough for at least 12 months.
people have to do their research into where they’re doing a development application,
“There will be some challenges but it will remain
location is important.”
an in-demand asset class.”
P O R T F O L I O | RWC | 5
Commercial construction activity up, crane growth strong in Sydney VAN E S SA R ADE R Ray White Head of Research
The construction sector continues to be tough despite some moderation in costs seen more recently. While the cost of raw materials continues to grow, the labour costs remain a stumbling block for many developers looking to get projects off the ground. For non-residential projects we have seen an uplift in the RLB crane index over the last six months, just shy of Q3 2022 levels. Sydney was the busiest region with civil projects most active in response to major infrastructure projects underway across the country.
Commercial cranes on the skyline rebound Australian Crane Index NonResidential 250
200 Residential 150
100
50 Q1 15
Q1 16
Q1 17
Q1 18
Q1 19
Q1 20
Q1 21
Q1 22
Q1 23
*Base Q1'15 = 100 Source: RLB, Ray White
Currently there are 882 cranes on the Australian skyline, 554 cater for much needed residential projects throughout the country, growing the index steadily to 175. Since the inception of this index in 2015 we have seen a greater improvement in crane activity across the non-residential space, now accounting for 328 cranes or an index of 285. The uptick seen over the last six months is representative of a growth in only a few asset types. Mixed-use developments have added to the growth in crane count with an increase of seven cranes, to a total of 77, which is representative of the housing supply issue and the appeal of mixed-use options which include commercial uses. Historically, this may have been for office, or serviced apartments on multi-floors, or ground floor retail. However, the growing requirement of services such as childcare and medical have seen many developers pivot to include these uses in their mixed-use development as an alternative to previously attractive options.
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Civil projects have seen an 11 crane increase over the last six months, with high investment into public infrastructure being a major result of this. East coast markets seeing the bulk of these cranes; major projects such as Sydney’s WestConnex, Western Sydney Airport and Melbourne’s Westgate Tunnel together with Brisbane’s runway to the 2032 Olympics all adding to this construction activity. Following this trend, high crane counts in the health and education sectors continue in response to high population growth and increased need for these facilities. While commercial crane numbers are down, there are still 22 cranes across the Australian market, putting further pressure on an already difficult office sector which has been hampered by growing vacancies due to subdued demand levels post COVID-19.
Change in non-residential cranes by city Number of cranes added/removed Adelaide
−1
Brisbane
5
Canberra
2
Central Coast Darwin
2 −1
Gold Coast
2
Hobart
0
Melbourne
−4
Newcastle
2
Perth
0
Sunshine Coast
−4
Sydney Wollongong
20 −1
*net change over 6 month period from 3Q 2023 to 1Q 2023 Source: RLB Crane Index, Ray White
Looking at cities, Sydney has had the greatest number of new cranes appear. Overall across both residential and non-residential sectors, this has eclipsed 400 for the first time. While residential accounts for 261; mixed use, commercial and civil/civic make up the bulk of the remainder. Brisbane is another market growing its crane count thanks to infrastructure projects, while Canberra, Central Coast, Gold Coast and Newcastle have had small gains in this space as well as mixed-use projects. Melbourne has seen some commercial and mixed use projects come to an end reducing its crane count this period.
P O R T F O L I O | RWC | 7
Why investors need specialists managing their commercial assets LE TE I CH A WI LS ON RWC Property Management BDE
In the dynamic and ever-evolving world of real estate investment, one key decision can make all the difference in the success of an investor’s portfolio: the choice of their management team. As a business development executive with extensive experience in commercial, retail, and industrial property management, I’ve witnessed firsthand the profound impact of specialised expertise. Investors often like to appoint agencies to manage their assets on their behalf usually due to a relationship they have, and sometimes the skills and knowledge of that agency is overlooked. Anyone who manages commercial assets, will understand the complexities of managing them. Therefore if investors aren’t engaging specialists in that field to manage their assets, it may actually be very detrimental. There are an array of reasons why investors of commercial, retail or industrial assets should be engaging specialists in their field, and I have highlighted four important ones. 1. Understanding a lease and legislation
means that they are not aware of GST requirements which
A commercial or retail lease is incredibly complex in
is another vital aspect that is often overlooked. Residential
comparison to a residential lease, and if you don’t have a
based platforms also don't allow for the setting and tracking
property manager who understands how to not only read
of budgets which is a crucial part of managing assets on
a commercial or retail lease, but to actually interpret it and
behalf of investors. They may also overlook critical dates like
then manage that lease, then critical dates and clauses can
rent reviews and option periods, which in return decreases
often be overlooked. The recovery of outgoings is another
the value of the asset.
important element in commercial, retail and industrial property management, and if not managed and recovered correctly, the investor may be out of pocket or even in
4. In-depth industry knowledge
breach of their lease obligations.
Specialists in commercial, retail, and industrial property management possess a deep understanding of the unique
2. Compliance Compliance of commercial, retail and industrial properties is critical due to Work Health and Safety laws and regulations, however, if the property manager is not aware of this legislation and manages it accordingly, it leaves the door open for disaster. Is your property manager aware of fire regulations? Asbestos regulations? If not, as an investor you are possibly putting yourself at risk.
dynamics, challenges, and opportunities within these asset classes. Their extensive industry knowledge allows them to foresee trends, navigate regulatory changes, and stay ahead of market developments. This expertise is invaluable when it comes to making informed decisions that can maximise returns and protect the asset over the long term. The choice to engage a specialist in commercial, retail, or industrial asset management should not be taken lightly. The right specialist can make a substantial impact on the
3. Software If investors have residential specialists looking after their commercial, retail and industrial assets, chances are they are using software specific for residential assets. This often
8 | P O R T F O L I O | RWC
performance and longevity of your real estate investments. Their in-depth knowledge, tailored strategies, extensive networks, software and risk mitigation capabilities set them apart from generalists, providing a level of service that can lead to enhanced returns and asset protection.
P O R T F O L I O | RWC | 9
Assets under management RWC manages properties across all asset classes right across Australia. Take a look at some of our top managements from across the nation. RWC will have a management specialist located right near your property, so enquire with us today.
CON TACT H E RE
RWC Bayside
RWC WA
BIRKDALE, QLD
KARDINYA, WA
Retail and professional complex featuring a modern 2-level building, a second single-level freestanding building, on-site car parking and a new KFC drive-thru
15,000 spm sub regional shopping centre anchored by Coles supermarket and Kmart with 32 specialty shops
RWC Adelaide Asset Management
RWC Gold Coast
SOUTH PLYMPTON, SA
GOLD COAST, QLD
Prime shopping centre in an excellent location on Marion Road with secure long term tenants
“Oxenford Square” 2364 sqm of Retail and Office space in Gold Coast’s norths soon to be undergoing a rebranding
RWC QLD
RWC Sydney North
UPPER MOUNT GRAVATT, QLD
SYDNEY, NSW
Redeveloped old car dealership converted into a retail precinct featuring a supermarket and 13 specialities
Coles anchored shopping centre with Aldi as the mini-major and over 30 specialty stores
10 | P O R T F O L I O | RWC
Queensland
32 Collingwood Street, Albion, 4010
Expressions Of Interest Closing Thursday 9th November 2023, 4pm (AEST)
Fully leased investment adjoining 2032 Olympic Precinct Building Area : 411m2* NLA over two levels Huge potential for future development & capital growth 8 on-site car parks
Mark Montague 0421 383 668 mark.montague@raywhite.com Tom Barr (RWC Queensland) 0405 144 352 tom.barr@raywhite.com
Fully leased to leading fashion label 'Apero' 7 year lease (expiring 30 April 2029) Net Passing Income - $133,900* PA RWC Bayside
Triple net lease structure
*Approx
raywhitecommercial.com
33 Veronica Street, Capalaba, 4157
Expressions Of Interest Closing Wednesday 8th November 2023, 4pm (AEST)
790m2* freestanding warehouse and office on a 1,880m2* site 575m2* warehouse with 4 container-height roller doors 215m2* high quality office space 750m2* secure hardstand
Nathan Moore 0413 879 428 nathan.moore@raywhite.com Alex Sinclair 0487 183 573 alex.sinclair@raywhite.com
3-phase power Kitchenette, staff room, male & female amenities Located in the Capalaba Industrial Estate RWC Bayside
raywhitecommercial.com
*Approx
22-24 Bainbridge Street, Ormiston, 4160
Expressions Of Interest Closing Wednesday 1st November 2023
Entire 610sqm* retail & professional complex - fully leased investment Professional complex on a 2,073sqm* corner allotment NLA of 610sqm* Fully leased to 5 tenants, returning $185k nett PA
Nathan Moore 0413 879 428 nathan.moore@raywhite.com Alex Sinclair 0487 183 573 alex.sinclair@raywhite.com
Over 30 on-site car parks Highly visible corner block Long-term redevelopment potential RWC Bayside
raywhitecommercial.com
*Approx
75-77 & 79-81 Jardine Drive, Redland Bay, 4165
Sale Starting at $518,000 + GST
16 multi-purpose units in modern complex Sizes ranging from 139sqm* to 447sqm* Front electric container-height roller door access 3-phase power
Hugh Fletcher 0429 583 765 hugh.fletcher@raywhite.com Nathan Moore 0413 879 428 nathan.moore@raywhite.com
Self-contained disability-compliant toilet Excellent truck (including B-double) and vehicular access Multitude of car parks + ample visitor parking available RWC Bayside
Fully secured lock-up compound
raywhitecommercial.com
60 Jardine Drive, Redland Bay, 4165
Sale/Lease $2,700,000^
Brand new off-the-plan warehouse 777sqm* warehouse + 104sqm* mezz 3 container-height roller doors 19 on-site car parks
Hugh Fletcher 0429 583 765 hugh.fletcher@raywhite.com Nathan Moore 0413 879 428 nathan.moore@raywhite.com
3-phase power Kitchenette and disability-compliant amenities Close to M1 and Gateway Motorways RWC Bayside
raywhitecommercial.com
*Approx ^Subject to Approval
10/189 Ashmore Road, Benowa, 4217
Online Auction Thurs 30th November 12pm
Medical/ office/ consulting tenanted investment • NLA 150*sqm • Centrally located investment • New A/C installed 12/04/2022 • Occupied by the same tenant since 1998 • Tenant responsible for 100% of outgoings • Exceptional positioning next to Benowa Gardens Shopping Center, Pindara Private Hospital, and across the road from Benowa Children's Centre
Ryan Langham 0420 581 164 ryan.langham@raywhite.com Damon Walker 0412 298 820 damon.walker@raywhite.com
RWC Burleigh Group
raywhitecommercial.com
Lot 2 Illinbah Road, Ferny Glen, 4275
Expressions Of Interest
119* HA of Hinterland Paradise with massive future potential upside • 295* acres (119.83* HA) of prime land located on the Coomera River-over 900m of river frontage • DA Approved for 6 Luxury Cabins (Eco resort / Glamping) as well as an Office/Reception building and an additional 4 bedroom residence. • Potential to seek approval for additional accommodation/Wedding Venue use (**STCA) • Short drive to Canungra, around 45* minutes to the Gold Coast and 1* hour from Brisbane • Existing fully renovated, 3 Bed, 2 Bath residence • Income potential from day 1 with the ability to run up to 80* head of cattle • Other tourism activities such as mountain biking, quad biking, walking tracks, horse riding, 4-wheel driving, etc could add further potential income streams (**STCA)
Travis Rayner 0416 628 930 travis.rayner@raywhite.com Ryan Langham 0420 581 164 ryan.langham@raywhite.com
RWC Burleigh Group
raywhitecommercial.com
528-546 River Heads Road, River Heads, 4655
Expressions Of Interest Closing 16th Nov Price Upon Application
112HA* Waterfront development preliminary approval | land lease 112Ha* land parcel dubbed "Turtle Cove Haven"
Nathan Huxham 0403 583 306
Existing approval for an 18 hole golf course
Ryan Langham 0420 581 164
50Ha* of usable land for up to 500 sites(STCA)
Travis Rayner 0416 628 930
62Ha* identified for offset land approval
RWC Burleigh Group
raywhitecommercial.com
24-26 Scarborough, Southport, 4215
Online Auction 30th Nov 12pm
Southport CBD-DA approved residential, retail + commercial spaces DA approved for 311*bedrooms + 3*parking levels May suit above ground car parking facility(STCA) Two towers - mix of commercial and residential
Travis Rayner 0416 628 930 travis.rayner@raywhite.com Ryan Langham 0420 581 164 ryan.langham@raywhite.com
1,871sqm* in Southport CBD (PDA-Precinct 1) Unlimited height & density of 1*brm/9sqm* Potential views over to the Broadwater RWC Burleigh Group
Owners liquidating must be sold enquire now
raywhitecommercial.com
38 Darrambal Street, Surfers Paradise, 4217
Online Auction 30th Nov 12pm
DA approved site on highly sought after Chevron Island • Current holding rental income • DA approval for 4 x tri-level Villas • 554sqm* block with 21 m+ frontage • Ideal to redevelop now or land bank • High-density residential zoning • Excellent proximity to public transport, Thomas Drive retail, cafes and restaurants, shopping, and schools • Easy access to the HOTA precinct via the new Green Bridge
Travis Rayner 0416 628 930 travis.rayner@raywhite.com Ryan Langham 0420 581 164 ryan.langham@raywhite.com
RWC Burleigh Group
raywhitecommercial.com
11/11 Karp Court, Bundall, 4217
Auction Thurs 16 November at 11am Gold Coast Turf Club, Bundall
Professional top level office 76m2* Zoning Innovation
Harry Devine 0411 877 933 h.devine@rwsp.net
Net rent $17,417 per annum* Ideal for SMSF or a first commercial investment
RWC Gold Coast
raywhitecommercial.com
*Approx
6/43-45 Commerce Drive, Robina, 4226
Offers To Purchase
Vendor offering numerous options on this modern office situation Rental guarantee / leaseback for 3 years (market rent) Ideal office investment or head office Vacant possession
Brad Merkur 0414 389 300 b.merkur@rwsp.net Harry Devine 0411 877 933 h.devine@rwsp.net
Serene surroundings with lake frontage 727m2* Top floor professional office fit-out 15 Basement car parks RWC Gold Coast
raywhitecommercial.com
14/104 Gympie Road, Strathpine, 4500
Sale/Lease Contact Agent
Corporate office suite to occupy or invest 271m2* corporate first floor office suite Mix of open plan space & private consulting rooms Spacious reception & waiting area
Griffin Deakin 0422 587 143 griffin.deakin@raywhite.com Aaron Canavan 0447 744 948 aaron.canavan@raywhite.com
Ducted air-conditioning Kitchenette/lunch room On-site parking Close proximity to local amenities & major arterials
*Approx
RWC Northern Corridor Group
raywhitecommercial.com
141-147 Deception Bay Road, Deception Bay, 4508
Expansive parcel of industrial land in rapidly growing region 20,230m2* (2.02ha) parcel of land Significant development opportunity Located less than 1.5km*to the Bruce Highway
Auction In-room Fri 17 Nov, 10am Lvl 26, 111 Eagle Street, Brisbane QLD 4000
Chris Massie 0412 490 840 chris.massie@raywhite.com Troy Sturgess 0432 701 600 troy.sturgess@raywhite.com
Cnr Price Street & Hospital Road, Nambour, 4560
Prime freehold mixed-use development site | Sunshine Coast Significant 5,029m2* land area over 5 titles Expansive 75m* wide corner street frontage 15m height limit
Industry zoning
Specialised centre Zone - development potential
4 bedroom brick house, utilised as an office
Close to Bruce Highway & Sunshine Motorway
Part of site prepared with quality hardstand Located in a high growth area
Emily Pendleton 0402 435 446 emily.pendleton@raywhite.com Abi Rowlands 0402 028 663 abi.rowlands@raywhite.com
Residential & Commercial - holding income RWC Northern Corridor Group raywhitecommercial.com
*Approx
127 Sutton Street, Redcliffe, 4020
Sale Contact Agent
RWC Northern Corridor Group Walking distance to Nambour CBD
raywhitecommercial.com
*Approx
Sale Present Offers
Multi-tenanted freehold investment opportunity
420 Tanawha Tourist Drive, Tanawha, 4556
Tenanted investment anchored by a BP service station Building Area 873m2*
David Goldsworthy 0481 996 794
Land Area 3,402m2*
Michael Shadforth 0488 981 076
Diverse tenancy mix
Annual Net Income $393,636pa*
Samuel Hoy 0423 795 273
Use of 250 Council car parks
Multi-tenanted investment
Situated 100m* from the Redcliffe waterfront
BP service station on a new 10 year lease
595m2* building on a 607m2* allotment $182,295.26* net annual income
Aaron Canavan 0447 744 948 aaron.canavan@raywhite.com
Expressions Of Interest Closing Thursday 23 November at 4:00pm
Close proximity to public transport & amenities
*Approx
Low site coverage for redevelopment potential RWC Northern Corridor Group
RWC Northern Corridor Group
raywhitecommercial.com
raywhitecommercial.com
*Approx. Outline indicative only.
L15 (AV)/15 Lake Street, Cairns City, 4870
Step into my world Cairns Corporate Tower A-Grade office - 152.5sqm Discover the future of your business at Cairns Corporate Tower in a world-class environment. • Abundant natural light and inspiring views • Installed telecommunications infrastructure • Well appointed boardroom and meeting rooms • Ultra modern - end of trip facilities • Lockout office space for team security • Stylish kitchenette facilities • Carparking secured, covered and onsite • Furniture & fit-out available for purchase It's ready and waiting for you - modern amenities, breathtaking views, and a workspace designed to meet the needs of discerning professionals.
Lease $82,350 pa + GST Term: Minimum 3 years
Susan Doubleday 0408 038 380 susan.doubleday@raywhite.com Grant Timmins 0422 534 044 grant.timmins@raywhite.com
RWC Cairns raywhitecommercial.com
5/22 Spence Street, Cairns City, 4870
High profile corner site Cairns CBD for lease floor area 127sqm Only one site left in this high-profile building - bring your business to life with this opportunity to lease in Cairns CBD. Current tenants include: • Mai Sai Pac Chee - Thai Restaurant • New Exciting Tenant Opening Soon • The Kulture Hub - Cafe • Dusk & Bloom - Tattoo • Anya - Thai Massage • Tao - Karaoke Bar • The Republic - R&B Night Club • Miss Chief - Bar & Grill • Heritage Night Club The vibrancy of Cairns remains with record numbers either moving permanently or on holidays from interstate and overseas, with an influx of cruise liners set to disembark across 2023 and beyond. Lease $85,000 per annum gross plus GST.
Grant Timmins 0422 534 044 grant.timmins@raywhite.com Susan Doubleday 0408 038 380 susan.doubleday@raywhite.com
RWC Cairns raywhitecommercial.com
2A/5 Upward Street, Cairns City, 4870
Medical/health practitioners stylish suite for lease An exceptional stylish tenancy offering a fantastic opportunity for those in the allied medical or consulting industry in the well known Flecker House, ideally located within the Cairns Medical precinct. • Area 45sqm - 2 consulting rooms • Built in reception desk • Kitchenette • Perfect for medical/consulting/beauty/retail • Complimentary established businesses within Flecker House • Client/patient car parking at rear • Lift access within the building • PWD Compliant Located in the heart of Cairns City, this property boasts a prime location that is sure to attract clients and customers.
Lease $26,200 pa Gross + GST Minimum 3 years
Susan Doubleday 0408 038 380 susan.doubleday@raywhite.com Grant Timmins 0422 534 044 grant.timmins@raywhite.com
RWC Cairns raywhitecommercial.com
3/192 Mulgrave Road, Westcourt, 4870
Professional office suite pylon signage, customer and staff car parks Professional office close to the centre of Cairns in Westcourt at 192 Mulgrave Road. • 121sqm first-floor professional office suite • Six offices, including a meeting room • Reception and waiting area • Kitchen/lunchroom • Full amenities • Fully air-conditioned • Two undercover secured car parks included with customer parking • Pylon signage available - up to 40,000* vehicles passing by daily The Cairns region has a diverse economy with a Gross Regional Product estimated at $10.3 billion, and an annual consumer spend of $3.8 billion. With the suburbs of Westcourt & Bungalow accounting for 51% of the local jobs. Lease $34,000 per annum gross plus GST.
Grant Timmins 0422 534 044 grant.timmins@raywhite.com Susan Doubleday 0408 038 380 susan.doubleday@raywhite.com
RWC Cairns raywhitecommercial.com
*Approx
24 - 34 Cairns Street, Loganholme, 4129
Offers To Purchase
4.65 HA industrial development site with holding income Mixed use zoning To be sold individually or in one line Lot 24 - ongoing DA for warehouse (27,100m2*)
Mukhtaar Hashim 0433 364 786 mukhtaar.h@raywhite.com Julie Ryan 0447 445 453 julie.ryan@raywhite.com
Lot 34 - leased with holding income (19,400m2*) Easy access to pacific motorway (1km*) Existing warehouse with 7,000m2*of hardstand RWC CSR
raywhitecommercial.com
37 Joan Street, Bungalow QLD, 4870
Sale $2,395,000 2857 square metre
Tenanted cold store facility price: $2,395,000 The 'L' shaped building has been a previous HACCP certified facility, suitable for 1-pass production of Nutraceutical, Cosmetic or Food with storage, distribution, production offices and amenities. Fitted out with a large industrial pallet freezer, dry goods storage, laboratory, main office and Boardroom along with staff facilities and a caretaker unit. Property features include: • Fully leased $150,000 per annum net through till November 2025 • 2,857sqm* of Low Impact Industry Land • 1,233sqm* cold store/warehouse facility with 13 secure car spaces • Designated truck loading facilities • Commercial ovens, stainless steel kitchen • 3 phase power + 80sqm* office + operational offices
*Approx
Brocke Hambrecht 0466 599 724 brocke.hambrecht@raywhite.com
RWC Queensland
raywhitecommercial.com
33-35 Neumann Road, Capalaba, 4157
High quality corporate office/warehouse • 2,327sqm* concrete tilt panel office/warehouse on 4,488sqm* land • 595sqm* fitted out office/ showroom over two levels • 1,732sqm* warehouse (half of which is currently temperature controlled tech area) • First time on market in 20 years • Tenant will be vacating June 2024 - current income of $489,795 annually + outgoings + GST • Large hardstand apron with dual crossover access & 2 on-grade electric roller doors providing functional truck movements • 29 car parks on site (10 of which are undercover)
Expressions Of Interest EOI Closing 4pm Wed 22nd Nov
Jack Gwyn 0424 807 166 Jared Doyle 0408 160 570 Stephan Ferguson 0412 803 244
RWC Gateway raywhitecommercial.com
David Highman 0488 109 768
*Approx. Outline indicative only.
663 & 667 Wynnum Road, Morningside, 4170
1,287sqm* unique land parcel with two titles on busy Wynnum Road RWC Gateway are excited to present an outstanding investment opportunity with development upside to be sold via Expressions of Interest closing 5pm Wednesday 8th November. The 1,287sqm* site located at 663-667 Wynnum Road, Morningside features 2 individually titled lots with 2 freestanding commercial offices that can be sold separate or as 1 parcel. Located on the inbound route to Brisbane CBD (4.75km*), the site boasts excellent exposure to busy Wynnum Road traffic. These two sites offer opportunities for owner occupiers, investors or developers eager to take advantage by securing an impressive piece of real estate prior to Brisbane's upcoming 2032 Olympic and Paralympic Games.
Expressions Of Interest EOI Closing 5:00pm Wed 8 Nov
Marc Zietsman 0412 047 026 marc.zietsman@raywhite.com Josh Jones 0499 773 788 josh.jones@raywhite.com
RWC Gateway raywhitecommercial.com
*Approx. Outline indicative only.
1-5/22 Alexandra Place, Murarrie, 4172
Murarrie investment portfolio - for sale individually or in one line Five concrete tilt panel strata titled office/warehouse units Exclusive parking for each unit Ranging in size from 236sqm to 678sqm Roller door access, 6.8m internal height, 3-phase power IN1 Industry (General Industry A) Connectivity to the M1, CBD, Brisbane Airport, Port of Brisbane Mix of leased investments and vacant possession Expressions Of Interest Closing Wednesday 22nd November at 4pm
Maclay Kenman 0490 196 600 Stephen Ferguson 0412 803 244 Jared Doyle 0408 160 570
RWC Milton raywhitecommercial.com
Jack Gwyn 0424 807 166
*Approx
4/9 Archimedes Place, Murarrie, 4172
Turnkey Metroplex Strata 281sqm* total area 120sqm* office over two levels 161sqm* high bay warehouse 4 exclusive car spaces 2 roller door access to the warehouse Holding income until February 2024 $70,619.00pa +Outgoings and GST (going concern*) Expressions Of Interest Closing Wednesday 22nd November at 4pm
Maclay Kenman 0490 196 600 Stephen Ferguson 0412 803 244 Jared Doyle 0408 160 570
RWC Milton raywhitecommercial.com
Jack Gwyn 0424 807 166
*Approx
12 Lenco Crescent, Landsborough, 4550
Brand new boutique industrial units + caretaker's Last two remaining warehouses Sizes from: 118m2* - 153m2* High quality caretaker's residence - 2 bed | 2 bath | exceptional storage Brand new build with modern design Zoned medium impact industry Completed and ready for occupancy
Sale Contact Agent
Tallon Pamenter 0414 361 901 tallon.pamenter@raywhite.com
RWC Noosa & Sunshine Coast raywhitecommercial.com
6 Grebe Street, Peregian Beach, 4573
Freehold building in Peregian Beach Village 271m2* freehold lot Frontage onto the vibrant village square and Grebe Street Currently two tenancies - combined net return $121,528pa* + GST Future re-development potential over two levels (STCA) Development options include retail, office or mixed use
Sale $3 million + GST (If applicable)
David Brinkley 0448 594 361 david.brinkley@raywhite.com Tracey Ryan 0421 981 490 tracey.ryan@raywhite.com
RWC Noosa & Sunshine Coast raywhitecommercial.com
*Approx
4 Production Street, Beenleigh, 4207
Low site coverage freestanding building EOI closing Friday 24 November, 2023 1,340sqm of building area 4,000sqm of land area Besser brick construction Large land parcel with future development opportunity Rental for 6 month period: $168,000 Net + GST
Expressions Of Interest Closing Friday 24 November, 2023
Jaems Balfour 0411404249 j.balfour@raywhite.com Lachie Hale 0414911099 lachie.hale@raywhite.com
RWC Southwest raywhitecommercial.com
11 Hawkins Crescent, Bundamba, 4304
Brand new corporate warehouse/office - nearing pre Christmas completion A-grade facility of 2,248sqm Regular shaped allotment of 3,828sqm Option for single or dual occupancy Excellent internal clearance height of 9.5 m Access to warehouse via 2 large container height roller doors Full concrete tilt construction Ready for Occupation December 2023 Offers To Purchase
RWC Southwest raywhitecommercial.com
Harry Egan 0409 494 248 harry.egan@raywhite.com
90 Wembley Road, Logan Central, 4114
Sale Contact Agent
Multi tenanted investment medical centre and pharmacy included • Long term leases and tenants in place • Freestanding retail/ office building over 2 levels • Medical Centre and Pharmacy with new 5 year lease + 5 year option (long standing tenants) • 6 Tenants in total • Building area 924sqm • Land area 2,036sqm • Current net income $309,242.84 p.a. • New elevator recently installed • Building is fully compliant for disabled access • Ground floor area 501sqm • First floor office area 425sqm • 30 On-site car parking spaces • Zoned Centre in the heart of bustling Logan Central
3351 Pacific Highway, Slacks Creek, 4127
Freestanding tenanted investment - net income $79,000 PA Aldo Bevacqua 0412 784 977 aldo@rwcs.com.au
RWC Springwood raywhitecommercial.com
Sale $4,500,000 + GST
Freestanding industrial building 1,800sqm on 4,034sqm of land • 400sqm office area over 2 levels • 1,400sqm warehouse with 500 amp of 3 phase power • High bay warehouse with a minimum height of 6m • 3 Roller door access • Can include powder coating booths • Room for multiple 40 & 20 ft container set down • Truck turn around area • Just minutes to M1 on/off ramps
6 Miller Street, Slacks Creek, 4127
• 350sqm metal clad building with offices • 1,214sqm land area • Long established car sales business • Leased until August 2026 • Current net income $79,000 PA Net + GST + Outgoings • Outgoings $16,500 PA approximately paid by tenant • Fully concreted hardstand • On-site amenities • 2 x roller doors • 3 Phase power • Zoned Mixed use • Easy access to Pacific Highway and all major arterial roads
1/43 Vanessa Boulevard, Springwood, 4127
Auction 17th November 2023 11:00am - Onsite
Aldo Bevacqua 0412 784 977 aldo@rwcs.com.au
RWC Springwood raywhitecommercial.com
Sale $775,000 (Going concern)
Quality tenanted investment corporate office strata Aldo Bevacqua 0412 784 977 aldo@rwcs.com.au Adrian Hamilton 0428 875 444 adrian@rwcs.com.au
RWC Springwood raywhitecommercial.com
• Office area 140sqm • 7 Basement car parks • Long term lease in place expires 31st March 2026 with 2 x 3 year options • Current Net income $45,427.20 PA Net + GST + outgoings • Outgoings $12,125.16 + GST payable by the tenant • Corner location with good exposure • Executive offices with mezzanine floor including boardroom • Ducted air-conditioning throughout • Spacious kitchen • Own amenities • Disabled access to building • Signage opportunity available • Close to M1 and Gateway Motorway
Aldo Bevacqua 0412 784 977 aldo@rwcs.com.au
RWC Springwood raywhitecommercial.com
NSW | ACT
5 Mona Street, Allawah, NSW 2218
Auction 28 November at 10:30am AuctionWorks, Mezzanine Level, 50 Margaret Street, Sydney
Boutique boarding house site DA approved for 47 room self-contained boarding house Site area - 667.1sqm* Zoning R4 - High Density Residential
Leslie (Yifu) Li 0403 261 752 leslie.li@raywhite.com Samuel Hadgelias 0480 010 341 shadgelias@raywhite.com
FSR - 2 : 1 Height Limit - 21m 100m* to Allawah Station RWC SC
1.2km* to Hurstville Station
*Approx
raywhitecommercial.com
102 Balmoral Street, Hornsby, 2077
Auction Friday 1 December 2023 at 10am Ray White Auction Rooms
Freehold medical building with upside^ (vendor retiring) Land area - 782sqm* Internal area - 240sqm* 50m* distance from Hornsby Ku-ring-gai Hospital
Samuel Hadgelias 0480 010 341 shadgelias@raywhite.com Baxter van Heyst 0447 113 025 baxter.vanheyst@raywhite.com
Freehold commercial building Zoned SP2 - Health Services Facility Existing respiratory and sleep consulting practice RWC SC
1.15 km* to Hornsby Train Station
*Approx ^Subject to Council Approval
raywhitecommercial.com
GO 1/13 Putland Road, Kirrawee, NSW 2232
Expressions Of Interest
Exceptional childcare investment with 25-year lease Site area - 423sqm* Net income of $145,200 per annum* Brand new purpose-built childcare centre
Baxter van Heyst 0447 113 025 baxter.vanheyst@raywhite.com Samuel Hadgelias 0480 010 341 shadgelias@raywhite.com
Situated across the road from Kirrawee High School Ample parking 850m* to Kirrawee Train Station RWC SC
2.6km* to Miranda Westfield
*Approx
raywhitecommercial.com
42 Union Street, McMahons Point, NSW 2060
Auction Friday 1 December 2023 at 10am Ray White Auction Rooms
Harbour views - invest, convert or redevelop^ Land Area - 306sqm* Internal Area - 322.5sqm* 16 x boarding house rooms
Samuel Hadgelias 0480 010 341 shadgelias@raywhite.com Leslie (Yifu) Li 0403 261 752 leslie.li@raywhite.com
2 x basement car spaces (on separate title) Passing gross rental income of $192,920 per annum* Zoned R3: Medium Density Residential RWC SC
900m* to North Sydney CBD
*Approx ^Subject to Council Approval
raywhitecommercial.com
22 Lumsdaine Street, Picton, NSW 2571
Auction Friday 1 December 2023 at 10am Ray White Auction Rooms
Childcare development site 51 places (single storey) DA approved for a 51-place childcare centre Land size: 1,290sqm* GFA of 499sqm*
Samuel Hadgelias 0480 010 341 shadgelias@raywhite.com Leslie (Yifu) Li 0403 261 752 leslie.li@raywhite.com
Flexible design to allow for additional places^ Opposite the Picton Public School 1km* to the Picton Train Station RWC SC
1.2km* to St Anthony's Catholic Primary School
*Approx ^Subject to Council Approval
raywhitecommercial.com
54 Terry Road, Rouse Hill, NSW 2155
Expressions Of Interest
Premium DA approved townhouse site DA approved for 43 Torrens titled townhouses Site area - 2.1Ha* Zoning - R3 , RE1 and SP2
Leslie (Yifu) Li 0403 261 752 leslie.li@raywhite.com Samuel Hadgelias 0480 010 341 shadgelias@raywhite.com
FSR - 1.75:1 (R3) Height Limit - 8.5m 2 km* to Tallawong Metro RWC SC
2.2 km* to Rouse Hill Town Centre and Rouse Hill Metro
*Approx. Outline indicative only.
raywhitecommercial.com
350 Victoria Street, Darlinghurst, 2010
Auction
Mixed use freehold terrace with development potential Develop, Occupy, Invest or Reposition Flexible Zoning allowing for both resi/commercial uses
Zorick Toltsan 0411 227 784 ztoltsan@raywhite.com
Medical Use Approved, Sold with Vacant Possession Rear lane access with parking for up to 4 cars Planning controls provide scope for redevelopment
RWC Eastern Suburbs
raywhitecommercial.com
518 Old South Head Road, Rose Bay, 2029
Auction
DA approved mixed use development opportunity 2 level freehold building with holding income Land 305m2 (approx.), Approved GFA 456m2 (approx.)
Zorick Toltsan 0411 227 784 ztoltsan@raywhite.com
DA approved (3 x 2 bed units + 2 x GF commercial) Currently ground floor office + separate 3 bed unit Rear lane access with onsite parking for up to 6 cars Develop, Invest or Occupy RWC Eastern Suburbs
raywhitecommercial.com
274 Abercrombie Street, Darlington, 2008
Lease POA View by Appointment
Two-storey freehold terrace with alfresco area Cafe opportunity 150sqm* plus courtyard On-site parking and storage space
John Skufris 0414 969 221 j.skufris@rwcss.com
Circa. 3 minutes walk to Redfern Station Rear lane access
RWC South Sydney
raywhitecommercial.com
*Approx
651 George Street, Haymarket, 2000
Expressions Of Interest Closing 10th November at 4pm
Unique CBD freehold building, dual frontages, with development upside • Prime location, rare freehold with George Street & Sussex Street frontages • Favorable planning controls: 7.5:1 FSR, 50m height limit • 192sqm* site, 1,432.5sqm* GFA potential, existing income • Approved mixed-use development: 16 apartments + retail • Student accommodation, co-living space, boutique hotel, boarding house potential (STCA) for 42 rooms & prime retail
Phillip Elmowy 0425 285 444 John Skufris 0414 969 221 Steve Kremisis - Ray White Dulwich Hill 0414 818 317
RWC South Sydney
raywhitecommercial.com
*Approx
39-65 Old Castlereagh Road, Penrith Lakes, 2749
Expressions Of Interest Closing Wednesday 22nd November 2023 at 3:00pm
Lakeside development opportunity: more than 27,000sqm* of versatile land Site area of 27,336sqm* Flexible Zoning 1.25:1 FSR, 22m Height Limit
Peter Vines 0449 857 100 peter.vines@raywhite.com Troy Wang 0433051020 troy.wang@raywhite.com
Maximum possible GFA of 34,170 m2*(STGA) Situated opposite the proposed Nepean Business Park Set to benefit from Western Sydney Lakes Master Plan RWC Western Sydney
Next to International Regatta Centre & Penrith Lakes
*Approx
raywhitecommercial.com
8 Fisher Square, Fisher, 2611
Excellent suburban opportunity Free-standing, single title property 298m2 building 455m2 parcel of land Long term existing tenants Income producing investment Ideal opportunity for investors and owner occupiers
Expressions Of Interest Closing Thursday 23 November at 3pm
Anthony Alvaro 0406995383 anthony.alvaro@raywhite.com Daniel McGrath 0411 140 523 daniel.mcgrath@raywhite.com
RWC Canberra raywhitecommercial.com
*Approx. Outline indicative only.
1/25 Dacre Street, Mitchell, 2911
For those who Dacre To be sold as Vacant Possession 783m2* premium warehouse Split into two units; Unit A & Unit B - separately metered 2x electric roller doors 5.5m* high 3-phase power Contemporary showroom and office
Expressions Of Interest Closing Thursday 23 November at 4pm
Frank Giorgi 0403 839 822 frank.giorgi@raywhite.com Piette Roberts 0484 947 693 piette.roberts@raywhite.com
RWC Canberra raywhitecommercial.com
*Approx
173-177 Coogee Bay Road, Coogee, 2034
Premium mixed use Eastern Suburbs apartment block Key attributes include: • Comprising 2 x 1-bed, 5 x 2-bed, 1 x 3-bedroom apartments as well as two large commercial retail space to be sold in-one-line. • Internal area of 632.4sqm* on a 490sqm* land area centrally positioned in Coogee. • Secure mixed use apartment block investment with high potential gross market income • Opportunity to add value, refurbish, revert to market rent, strata title and sell down or hold as a secure investment. • Ideally positioned in the heart of Coogee within walking distance to iconic amenities including Coogee Beach, Coogee Bay Hotel, Coogee Pavilion and Crown Plaza Coogee • The property shares a sun-drenched terrace above the commercial suite and rear courtyard. Auction Tuesday, 28th November 2023 at 10:30am (AEDT). (Registration, online bidding, and livestream available).
Kamal Silwal 0430322459 kamal.silwal@raywhite.com Kristian Morris 0411 415 297 kristian.morris@raywhite.com
RWC Sydney City Fringe raywhitecommercial.com
325 Abercrombie Street, Darlington, 2008
"New age" boarding house adjacent to Sydney University The property is surrounded by key amenities and major transport links, Sydney CBD, Central Park, UTS, Technology Park, University of Notre Dame, and Sydney University. • "New Age" boarding house block with dual street frontage. • Individual flatettes with private bathrooms & kitchenettes plus laundry facilities. • All are separately metered for electricity • Walking distance to parks and all amenities, on the cusp of Sydney University. • Current income $165k pa* with early 2024 upside due to lease expiries • Run like a block of units with minimal involvement. • Exceptional cashflow business, well serviced with bus & train station within 500m. (approx.) Auction Tuesday, 28th November 2023 at 10.30 am at Auction Works, Mezz Level, 50 Margaret Street, Sydney RWC Sydney City Fringe raywhitecommercial.com
Kristian Morris 0411 415 297 kristian.morris@raywhite.com
VIC | TAS
501A Wiltshire Lane, Delacombe, 3356
Expressions Of Interest Closing 24/11/23
Medical practice with high exposure Land Area 2,000m2* with 23 on site car parks Permit for 3 practitioners - provision to increase STCA
Sam Borner 0439 655 509 sam.borner@raywhite.com
Internal floorspace of approx 274m2* Six private consulting rooms and disability Access Location in Ballarat, Victoria's fast growing city
RWC Ballarat
raywhitecommercial.com
204-212 Burnbank Street, Wendouree, 3355
Expressions Of Interest Contact Agent
Fantastic occupier or investment opportunity Land Area 4,988m2* with high exposure Four separate titles
Sam Borner 0439 655 509 sam.borner@raywhite.com
Workshop size of 430m2* ideal for mechanic Combined Office & Reception Space 65m2* Location in Ballarat, Victoria's fast growing city Will suit owner occupier or developer RWC Ballarat
raywhitecommercial.com
18/49 Corporate Boulevard, Bayswater, 3153
Auction 8th Nov 1:30PM On-Site
Outstanding warehouse and office in Bayswater Business Park Total Building Area 285sqm* Warehouse 215sqm* Office and Showroom 70sqm* over 2 levels
Paul Waterhouse 0417 660 153 paul.waterhouse@raywhite.com Nitish Taneja 0416 890 577 nitish.taneja@raywhite.com
7.3m Spring Height* 5.2m Clearance Roller Door* Four (4) Car Parking Spaces RWC Ferntree Gully
Tenant Vacating 04/03/24
raywhitecommercial.com
96 Kelletts Road & 9 Pioneer Court, Rowville, 3178
Sale
High yield medical investment with strong upside & thriving tenancy 9 Pioneer Court Total Building Area 218sqm* 96 Kelletts Road Total Building Area 115sqm* Total land area 1895sqm*
Mitch Rosam 0402 355 805 mitch.rosam@raywhite.com Paul Waterhouse 0417 660 153 paul.waterhouse@raywhite.com
Tenant - Moi Clinic Phycologist's Net Rent $147,500* as of 1st November 2023 Consulting and Treatment Suites RWC Ferntree Gully
High Profile Intersection
raywhitecommercial.com
310 Bay Road, Cheltenham, 3192
Auction Wednesday 29th November 2023 at 12:00pm. On-site & Online
Office / showroom & warehouse in a high growth corridor Total building area | 330m2*
Ryan Amler 0401 971 622
Comprising office / showroom over 2 levels | 230m2*
Tom Carroll 0410 698 033
High warehouse at the rear | 100m2*
Simon Liang 0451 954 318
4x Car spaces Fully furnished with a long list of inclusions Coveted Commercial 2 Zone (C2Z) RWC Oakleigh
Vacant possession
raywhitecommercial.com
27/266 Osborne Avenue, Clayton South, 3169
Auction Friday 10th November 2023 at 11:00 am On-site & Online
Perfect warehouse to occupy or invest
141A Station Street, Fairfield, 3078
Occupy or invest on Station Street
Total building area | 150m2*
George Ganavas 0478 634 562
Total land area | 105m2*
Plus bonus mezzanine / storage area | 78m2*
Anthony Anastopoulos 0488 095 057
Total building area | 95m2*
Internal warehouse clearance of 6.1m*
Theo Karkanis 0431 391 035
Currently returning | $36,000 p/a Net
Electric roller door, 3 phase power & alarm
Lease expiry | February 2024
Three (3) car spaces on-title
Strong Surrounding National Tenants
Vacant Possession Industrial 1 Zone (IN1Z)
George Kelepouris 0425 798 677 george.kelepouris@raywhite.com George Ganavas 0478 634 562
Commercial 1 Zone (C1Z) RWC Oakleigh raywhitecommercial.com
*Approx
12 Windsor Avenue, Mount Waverley, 3149
Auction Thursday, 9th November 2023 at 11:30am On-site & Online
Ideal for owner occupiers or investors
RWC Oakleigh raywhitecommercial.com
*Approx
Auction Tuesday 28th November 2023 at 12:00pm On site & Online
Corner commercial freehold
4B Kelly Court, Springvale, 3171
Auction Thursday, 23rd November 2023 at 11:00am
Securely gated Springvale warehouse
Total land area | 194m2*
Ryan Amler 0401 971 622
Total building area | 533m2*
Theo Karkanis 0431 391 035
Total building area | 116m2*
Tom Carroll 0410 698 033
Plus bonus 1st floor mezzanine | 51m2*
George Ganavas 0478 634 562
Comprising front Shop/Office | 40m 2*
Simon Liang 0451 954 318
Excellent internal warehouse clearance of 7.2m*
Ryan Amler 0401 971 622
Rear warehouse area | 76m2*
Sealed warehouse floor & individual driveway
Anthony Anastopoulos 0488 095 057
Rear access with secure gated yard
Multiple rear windows allowing for natural light
Vacant possession
Kitchenette, shower & bathroom facilities RWC Oakleigh raywhitecommercial.com
*Approx
Six (6) car spaces on-title
*Approx
RWC Oakleigh raywhitecommercial.com
2/42 Burgess Road, Bayswater North, 3153
Entry level industrial occupy or invest Building area | 216sqm* Zoning | Industrial 1 Three phase power Office area/Dual bathrooms/Mezzanine area Lease expires 1st July 2024 Flexible settlement terms
Expressions Of Interest Closing 15th November at 4pm
Brett Diston 0439 365 532 brett.diston@raywhite.com
RWC Diston Asset Services raywhitecommercial.com
*Approx
640 Somerville Road, Sunshine West, 3020
Modern main road showroom/warehouse Building area | 876sqm* 3 phase power Dual access with front and rear container height roller doors Short term income $146,563.06 pa net (expires 27/02/2024) Ground floor and Level 1 offices, meeting rooms, kitchen, reception 3.6km* to Western Ring Road and 6km to Citylink via Princess Fwy Ample onsite car parking in securely gated estate Expressions Of Interest Closing 21st November at 4pm
RWC Diston Asset Services raywhitecommercial.com
Brett Diston 0439 365 532 brett.diston@raywhite.com
*Approx
33-35 Martin Place, Glen Waverley, 3150
Size - location - upside RWC Glen Waverley are pleased to introduce 33-35 Martin Place, Glen Waverley, offered for sale through an On-site Auction. Situated in the highly coveted commercial precinct of Glen Waverley, this property boasts immediate access to major road arterials and close proximity to the Glen Waverley Activity Centre. Key Features: • Tightly Held Location • Flexible Commercial 1 Freehold • Land Area: 373.18sqm* • Building Area: 240sqm* • Substantial 11-meter Frontage • Wide Laneway Access (ROW) • High Clearance Roller Door Auction
Ryan Trickey 0400 380 438 ryan.trickey@raywhite.com Will Jonas 0422 883 011 will.jonas@raywhite.com
RWC Glen Waverley raywhitecommercial.com
242-244 Springvale Road, Glen Waverley, 3150
Glen Waverley super site 1/2 acre opposite The Glen One of the largest parcels of land (with income) to come to market in central Glen Waverley in many years. • Key tenant - Glen Waverley Medical Centre, with over 30-year legacy (one of the largest Medical Centres locally) • Total Land Holding 2,197sqm* • Near new 5 year Lease plus options • Premier 2-level medical centre • AAA corner site opposite 'The Glen' • Fully renovated property adjoining, suitable for residential/medical use (STCA) • Prominent freehold property gracing a high-profile corner location, boasting an expansive 40-meter main road frontage, accommodating 22 parking spaces, and witnessing a daily traffic volume of 55,000 vehicles. Sale
Will Jonas 0422883011 will.jonas@raywhite.com Ryan Trickey 0400 380 438 ryan.trickey@raywhite.com
RWC Glen Waverley raywhitecommercial.com
Western Australia
285 South Western Highway and 11 Keates Road, Armadale, 6112
South Armadale industrial 285 South Western Highway: 7,362m2 land 285 South Western Highway: 1,588m2* office/warehouse 11 Keates Road: 3,499m2 vacant land Leased until April 2025 Buy together or 285 South Western Highway alone
Expressions Of Interest Closing Thur 23 Nov at 5:00pm AWST
Michael Danagher 0403 049 989 michael.danagher@raywhite.com Lachlan Burrows 0499 552 296 lachlan.burrows@raywhite.com
RWC WA raywhitecommercial.com
*Approx. Outline indicative only.
7 Thorpe Way, Kwinana Beach, 6167
A jewel in the heart of Lithium Valley Leased investment opportunity Located in the Kwinana Beach industrial precinct Land area: 4,181m2 Two modern mirrored industrial tenancies Net lettable area: 2,750m2* (1,375m2* each) Opportunity for significant yield and capital growth
Expressions Of Interest Closing Thur 16 Nov at 5:00pm AWST
Michael Danagher 0403 049 989 michael.danagher@raywhite.com Tom Jones 0478 771 117 tom.jones@raywhite.com
RWC WA raywhitecommercial.com
*Approx. Outline indicative only.
5 Stoneham Street, Ascot, 6104
Endless options - occupy, invest, develop or land bank 2,000m2* freestanding office building on 2,372m2 of land Exceptional future development opportunities 6 individual units (4 leased and 2 vacant) Ability to occupy and/or secure leased investment 47 onsite car bays
Expressions Of Interest
Chris Matthews 0413 359 315 chris.matthews@raywhite.com Liam Pittaway 0439 555 439 liam.pittaway@raywhite.com
RWC WA raywhitecommercial.com
*Approx. Outline indicative only.
4 Money Street, Perth, 6000
Whole floor boutique office accommodation Whole floor tenancies Level 1: 185m2* Level 2: 166m2* High quality fit out and furnishings Secure undercover car parking Prominent signage available Bike storage Lease Contact Agent
RWC WA raywhitecommercial.com
Luke Pavlos 0408 823 823 luke.pavlos@raywhite.com
*Approx. Outline indicative only.
SA | NT
24 Magill Road, Norwood, 5067
Lease
Magill Road showroom/office/warehouse A fantastic opportunity for those seeking a prominent & spacious property in a highly sought-after location. This property offers a range of possibilities & is ideal for a variety of uses (S.T.C.C).
Ian Lambert 0413 155 665 ian.lambert@raywhite.com
Situated on a generous land area of 1025sqm, this property boasts a substantial building area of 637sqm. The spacious layout allows for versatile usage, making it perfect for showrooms or bulky goods businesses. Located in the heart of Norwood, this property benefits from excellent exposure & high foot traffic, ensuring maximum visibility for your business. The surrounding area is known for its vibrant atmosphere & bustling commercial activity, making it an ideal location to establish or expand your enterprise.
RWC Adelaide Asset Management
raywhitecommercial.com
RLA 225073