Showcasing a diverse portfolio of over 25 premium assets across the country, Investors seeking prime opportunities in healthcare, early education, fast food, government, industrial, and retail sectors will have a chance to secure at Burgess Rawson’s Portfolio Investment Auction 166.

Burgess Rawson has launched Australia’s first major commercial property auction event for 2024, showcasing a diverse portfolio of over 25 premium assets across the country.

Investors seeking prime opportunities in healthcare, early education, fast food, government, industrial, and retail sectors will have a chance to secure lucrative assets at Burgess Rawson’s Portfolio Investment Auction 166, to be held at the Sydney Opera House on February 20 and Melbourne Crown Casino on February 21.

Health is high on the agenda with local GP, Dr Vasily Lebedev, officially listing his premium medical asset in Elwood for sale through Burgess Rawson’s Beau Coulter, Shaun Venables, and Zomart He in conjunction with JLL.

The St Kilda Day Hospital and St Kilda South Medical Centre, located at 26A & 26B Dickens Street, Elwood comprises two well-presented medical buildings totalling 418 sqm, complemented by basement parking for seven cars.

The St Kilda Day Hospital is securely leased to the international not-for-profit group, MSI, while the medical centre, which is leased to St Kilda South Medical Centre, has been in operation since 1986 and is leased with options until 2038. The asset offers attractive net lease structures, with tenants covering all usual outgoings, excluding land tax. The net annual rental is $441,089.

Mr Coulter said they were witnessing strong demand for healthcare centres with investors drawn to stability of tenure and important ‘essential’ services provided by medical and specialised medical facilities.

Elsewhere, St John of God Health Care is selling a strategic industrial investment in the thriving regional town of Ballarat, in Victoria. Burgess Rawson’s Jamie Perlinger and David Napoleone, who are overseeing the sale of the property at 33 Grandlee Drive, Wendouree, reported significant interest from investors across the country within days of listing the asset.

St John of God Health Care boasts a robust network of over 27 hospitals spanning Australia and New Zealand, establishing its position as a leading Catholic not-for-profit healthcare provider. Further, the property is crucial to the group’s operations as a network support facility which manages stock for their Victorian locations.

Founded in Western Australia in 1895, the organisation operates a diverse range of healthcare services, including medical, surgical, and maternity care, along with hospitals, home nursing, and social outreach services throughout Australia. The property was built and first occupied by St John of God in 2007 and they are offering the property on a leaseback basis, complete with a new seven-year lease at an initial net annual rental of $220,000.

In Perth, the brand new 7-Eleven and Hungry Jack’s investments in Tamala Lane, Yanchep, within the new Yanchep Village recently constructed by FRP Capital offer strong income streams.

Located on a prominent 2,032 sqm freehold corner site with impressive triple frontage, the 7-Eleven is securely underpinned by a brand new 12-year net lease to November 2035 plus options to 2060. It also offers a strong annual net income of $356,500.

The Hungry Jack’s is situated on a prime 2,289 sqm freehold site with huge highway exposure, offering a brand new 10-year lease with a net annual income of $210,000. Within the heart of Yanchep Village, both properties are strategically positioned amongst other major national retailers including Coles, McDonald’s and KFC. They are also within metres of the Woolworths-anchored Yanchep Central shopping centre.

Mr Coulter said due to meticulous planning, strategic location selection, and a keen understanding of consumer preferences, FRPs expertise ensures that these assets are designed to meet evolving market demands, offering optimal layouts, modern facilities, and attractive leasing terms that appeal to both tenants and investors alike.

In NSW, The Good Guys store in East Maitland provides a significant return of $499,882 per annum and a coveted position in a thriving retail complex.

Commo