Commercial Listing

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A corner freehold investment ion Melbourne's Chapel Street in Windsor has come on the market with a price expectation around $11 million.
The property, 125–131 Chapel St, Windsor, named “Conway’s Corner” currently has eight secure tenancies and is not he market through hockingstuart Commercial’s Charles Carty in conjunction with Colliers International and ASM Commercial.
The property goes to auction midday, 14 October.
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Chapel St, Windsor corner freehold up for auction

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A securely leased investment property with development upside has been listed at Hawthorn East in Melbourne’s inner-eastern suburbs.
The property will be auctioned May 30 through Teska Carson.
Located at 9 Mayston Street, on the northern side of the street near the intersection of Camberwell Road, the property comprises a 470 square metre single level warehouse/office/showroom premises.
It comes with rear roller door access to Gillman Street.
The 562 square metre site has 11 metres street frontage, zoned Commercial 1 under the City of Boroondara planning scheme.
The property is situated within a tightly held precinct within close proximity of Burke Road, Camberwell shops, Swinburne University and Burwood Road retail, featuring a wide range of industrial and office buildings, retail boutiques and restaurants as well as access to ample on and off-street parking.
Teska Carson’s Richard Munday and Michael Taylor indicated the property is currently leased to long standing tenant, Ultra Tune, at a current rental of $90,000 per annum plus outgoings and GST on a five year term with two, five year options and annual 4% increases.
"This property ticks all the boxes for small investors and SMSFs,’’ Munday said.
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Hawthorn Ultra Tune set for May auction

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Three as-new warehouse/office/showroom buildings have been listed for auction in Rockhampton.
Located at 6 Dooley Street, Park Avenue (pictured above), the buildings are leased to two established businesses.
The tenants are Olive &amp; White Cabinet Making.
Plus Rifen Marine, the largest chandlery in Central QLD which is also a Mercury dealership.
They have both signed onto five year leases until July 2023 plus options to 2028.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/4/Dooley%201.jpg" alt="">
The tenants will pay outgoings as per the leases and there are CPI annual rent reviews.
The freehold freehold corner site (pictured above) is 2,691 sqm fully concreted and sealed and has on-site parking for 20 vehicles.
The building area is only 930 sqm.
The net income is advised as $172,200 pa + GST.
The auction is set for October 23.
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Rifen Marine warehouse premises listed in Rockhampton

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A commercial property in Manning, Western Australia that comes with over 200sqm building size has been scheduled to go under the hammer. 
The property at <a href="https://ecomms.raywhite.com/collect/click.aspx?u=SGo3TkFVMGk3Y2ZPOE85WGl6VW40UFZKb3JqbERncnpQdE1ITFlNc0psMzR0U0oyODh3RHdrVEt5MmIrNzVLVnV2N1JmL2w2R1hlMG43cWNaMkJpL3lnMGN3bFoxdzYzdXIvL1VuLzd4Vm05STNhdjF6UW05THBPRXE1ZGR1dlFodHd4L01ZVmZ3T3NTL05ONFYzWlk3QnlEWjNkQU8rSm9LbEhaTTFmL3NrPQ==&amp;rh=ff00670e578ae0210b51f040c94898ac06b09383" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">19 Welwyn Avenue</a> is leased to Woolworths (operating as BWS) on a five-year lease with five options of five years each.
It is being marketed and sold at auction by Ray White Commercial (WA) Property Advisor Brett Wilkins.
“This is the perfect opportunity for investors seeking the security of a Woolworths lease to buy into a pretty neighbourhood strip centre,” Mr Wilkins said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/8/14/2500DJI_0724%20Custom.jpg" alt="">   “In an established suburb within the municipality of the City of South Perth, Welwyn Avenue has attracted multiple high-profile tenants including Woolworths Group Limited, Australia Post and IGA.
“Manning is in an enviable position close to Curtin university and is just 7km from the CBD - while still being removed to enjoy the benefits of suburban life.
“Manning is seriously under-supplied with retail and the asset is on Welwyn Avenue, a major road connecting to Manning Road, giving easy access from north, south and west."    The property is owned by a commercial real estate agent who chose Ray White Commercial (WA) to sell. 
The auction will take place on August 26. 
 
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Manning's BWS freehold heads to auction

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The Stock Hotel, located at the centre of Toowoomba in Queensland’s Darling Downs, is being offered for sale by Ray White Hotels Australia.
The hotel located at 162 Anzac Avenue, Harristown, in Toowoomba’s south-west is being marketed via expressions of interest by Leon Alaban and Christian Tsalikis of Ray White Hotels Australia.
Mr Alaban said the Stock Hotel is located on a prominent position on busy Anzac Ave and enjoys excellent vehicular exposure.
“The Stock Hotel presents a strong cash flow business with solid revenue across all departments,” he said.
Mr Tsalikis also mentioned the Toowoomba region was benefiting from a number of key developments such as the second range road crossing – the largest regional road project in Queensland’s history.
Expressions of interest for the Stock Hotel close at 4pm on Wednesday, September 23, 2015.
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Freehold Hotel in Toowoomba for sale‏

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South Australia's Howcroft Estate Vineyard is on the market with price expectations of around $9 million or roughly $22,000 per ha of vines planted.
The vineyard, a total of approximately 536.79ha has two planted areas - one a total area of 222.58ha, and the other 189.41ha, with 412ha of mature vines. <a href="https://www.realestate.com.au/property-viticulture-sa-mundulla-7720931" target="_blank">Howcroft Vineyards 1 and 2</a> were developed from 1998-2000.
The vineyard has red grape varietals, a five year grape supply agreement and a mix of premium varieties suited to the Limestone Coast Zone.
The property is for sale through Colliers International’s Tim Altschwager. He said the vineyards are situated within the Bordertown wine region and are amongst the largest commercial vineyards in the district. 
"The Limestone Coast Zone, which stretches from Bordertown in South Australia’s north to Mount Gambier in the south, is one of South Australia’s most recognised wine hubs," he said.
"It includes the famous Coonawarra region, internationally acclaimed for its Cabernet Sauvignon and Shiraz wines which thrive in the cool and sunny climate and terra rossa soils." 
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South Australia's Howcroft Estate Vineyard listed

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CBRE has been appointed to sell an industrial property in the rapidly growing Yatala Enterprise Area, centrally positioned between Queensland’s commercial centres, Brisbane and the Gold Coast.
Located at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-qld-ormeau-501674201" target="_blank">24-30 Blanck Street, Ormeau</a>, the property features a 1,250sqm two level corporate office and 3,853sqm high clearance warehouse, which includes mezzanine storage and an additional 800sqm awning area.
Grundfos, a national and global leader in advanced pump solutions and innovator in water technology, has recommitted its presence at the property, recently signing a new lease.
CBRE’s David Corke, who has been appointed to sell the property in conjunction with fellow agent Luke Brechin, said the site represented an outstanding investment opportunity.
“Centrally located between Brisbane city and the Gold Coast, along the M1 Motorway, this is a quality investment opportunity that will suit the astute investor looking for a secure asset that presents a number of future advantages.”
Built in 2007, the property was designed by Spaceframe Constructions with the purpose of accommodating a head office tenant looking for corporate amenity and functionality.
The expression of interest campaign closes September 18.
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Queensland commercial coast investment up for grabs‏

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eCommerce agency Netstarter is offering its former office at Surry Hills for lease.
The group, which has 15 offices across Australia and New Zealand, will expand into premises available in North Sydney through parent company, Salmat.
The vacant tenancy comprises approximately 600 sqm of office space and is located at Level 4, 68-78 Wentworth Avenue, Surry Hills.
The property is being marketed by Ray White Commercial South Sydney’s John Skufris.
"The Netstarter office space provides a plug and play solution for more than 30 staff, with main offices and meeting rooms, an oversized kitchen/breakout area and timber flooring throughout," he said.
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Netstarter office now for lease in Surry Hills

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A prized Blackwattle Bay development site, with jetty, near the Sydney Fish Markets has been scheduled for an online overnight auction.
The auction commenced with a $22.2 million starting bid today, Wednesday 18 November at 11.00am and <a href="https://www.auctionworksonline.net.au/properties/288-31-35-bank-street-pyrmont-2009-nsw-australia" target="_blank">ends Thursday 19 November at midday</a>.
The 2988 sqm Bank Street holding, currently utilised for fish freezing storage, was recently bought off market by a private local investment syndicate. 
 <img src="/images/2015/11/13/blackw.jpg" alt="" width="495" height="288">
The previous owner, the Chinese developer Dahua sold mid-year after its controversial mixed use development plans for the precinct drew a backlash from the NSW government.
The auction is being conducted through the auctionworks.net.au website lead by auctioneer David Scholes who amended the auction times to mid-week.
The bidding will close at 12 noon Thursday, unless there is last minute further bidding.
"All interested parties will need to register with the agents and provide sufficient identification to allow them to select a bidder’s number and compete," Mr Scholes said.
Competitive bidding is expected as Blackwattle Bay is the crown jewel in the NSW Government’s Urban Growths renewal plans for a waterfront tourist precinct.
While Urban Growths' Bays Market masterplan has yet been released, work on the foreshore walk is scheduled to commence in early 2016.
The nearby Sydney Fish Market land will be up for tender in March next year. 
The site for auction, which sits between Poulos Bros and Hymix, has been listed as a place of state significant development under the State and Regional Development SEPP with the minister as the consent authority rather than City of Sydney Council.
The existing controls allow hotels but developers are likely to seek mixed residential usage.
"The short auction deadline is not ideal, but the option to purchase is a live prospect," the Deans Property listing agent, Robert Deans said.
"It is a great opportunity alone or as part of a broader scale redevelopment," he said. Any redevelopment of the nearby fish market must be approved by the SFM Merchants and Tenants.
The Labor State Government started the Bays Precinct consultation and the Liberal Government appointed Urban Growth as the coordinating agency. 
The sales brochure point to an Urban Growth document that indicates more density and higher planning controls was possible for the site.
"It appears from the captured image that it is proposed that the building on the subject land will be a 14 storey building," says the auction marketing.
"This is speculative and interested parties should make their own assessments," it said. 
Most of the Blackwattle Bay waterfront is government-owned, but Jin Huiming's Dahua Group paid $17.5 million to buy the site from Bidvest last year.
The Dahua Group on-sold the site to the current vendors, Fishbank Development Corporation in June this year, according to a caveat on the title, but the delayed settlement sale has not yet been finalised.
Mr Jin, 63, previously was ranked by Forbes as the 36th richest person in China a decade ago when Dahua was ranked in China's top 10 real estate companies.
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Blackwattle development plot for online auction after Duhua disposal

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An industrial warehouse at the Orbis Business Park in Melbourne’s Ravenhall is on the market with expectations of more than $4.75 million.
The <a href="https://www.commercialrealestate.com.au/property/25-31-business-park-drive-ravenhall-vic-3023-2012274980" target="_blank">25-31 Business Park Drive</a> site has a 4,373 square metre facility.
It is leased to Australia’s leading electric go-karting company Hi Voltage Karts Pty Ltd on a six-year term at $349,840 per annum net.
The recently completed facility is sited on a 7,867 square metre allotment 1.5 kilometres from a four-way freeway interchange and 20 mins from Melbourne CBD and docks. It features B-Double compliance and 24/7 access.
The property is being marketed by Savills Australia industrial directors Chris Jones and Ben Hegerty along with Crabtrees’ Grant Tishler and Andrew Loudon.
"The investment market has been quite active for some time now and ultimately that has meant a shortage in the number of assets available. Those that do come up are usually well received, especially those well located assets," said Chris Jones.
 
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