Fuel, food and finance tenancies dominate Burgess Rawson auction schedule
Burgess Rawson will put 19 properties to market at the company’s 104th Investment Portfolio Auction in Sydney today.
The schedule includes several service stations, bank branches and fast-food outlets in NSW and Queensland.
Childcare centres were the highlight of the company’s last Sydney portfolio auction in April. The 26-place Hubba Bubba Childcare centre in Chatswood sold for $2.41 million with a yield of 3.9 per cent, a record low for Burgess Rawson.
The auction will begin at 11am at Doltone House, Hyde Park. The event will also be live-streamed by Auctionworks.
Latest restaurant specification, including a McCafe, in a prominent upper Hunter Valley location. Annual income: $313,220
McDonald’s Scone restaurant. Photo: Supplied
Freehold building leased to CBA with options until 2026. Annual income: $184,000
Attractive highway position in a prominent retail centre with 4 per cent annual increases. Annual income: $160,111
Modern freestanding buildings less than an hour from Sydney’s outer suburbs. Annual income: $670,596
10 year lease to 2026 with options until 2066 and generous exposure to the New England Highway. Annual income: $145,993
Constructed in 2012 with combined convenience store. Annual income: $328,277
Strategically located close to local shopping centre and across the road from a McDonald’s restaurant. Annual income: $300,600
Waterfront location with secure lease to government departments and depreciation benefits. Annual income: $70,000
Annual income: $115,000
Two suites securely leased the NSW government to be sold separately at auction. Photo: Supplied
High-traffic location at iconic Coogee Beach. Annual income: $61,800
Modern centre constructed in 2015 with depreciation benefits. Annual income: $343,370
13. Fairfield Waters Childcare Centre, Queensland
Annual income: $286,000
14. Nerang Childcare Centre, Queensland
Annual income: $166,031
Leased to 2021 with options to ASX listed education provider. Annual income: $314,032
Recently renewed lease with long-term tenant. Annual income: $36,704
NAB have been long term tenants of this Wingham property. Photo: Supplied
17. Emerald Carrying Co, Mackay Queensland
Annual income: $232,111
18. Greyhound Australia, Mackay Queensland
Annual income: $245,212
19. Boom Logistics, Mackay Queensland
Annual income: $536,630
Burgess Rawson’s Melbourne portfolio auction will be held on May 18. For updates to the Sydney and Melbourne auction schedules, visit the Burgess Rawson website.
