A collection of 16 premium freestanding commercial property investments have been listed for sale by Stonebridge Property Group’s specialist National Investment Sales team, on behalf of some of the industries most trusted Vendors.
Comprising properties within sought after segments of fast food, childcare, fuel & convenience retail, supermarket and tyre & auto, investor demand for quality, freestanding assets is set to be tested.
Headlining Stonebridge’s inaugural National Portfolio Auction is a modern KFC ‘pad site’ on the NSW South Coast, neighbouring a blue chip Woolworths supermarket, a strong performing United fuel & convenience retail outlet in Orange, a premium Bridgestone tyre & auto investment in Brisbane’s tightly held logistics precinct of Pinkenba, a newly built Taco Bell drive thru at Beenleigh in Brisbane, as well as four secure childcare centres.
The diverse offerings are positioned in key metro and regional locations across the Eastern Seaboard, including Sydney, Melbourne, Brisbane, Orange, Toowoomba and Hervey Bay.
Commenting on the Portfolio Launch, Stonebridge Partner, Tom Moreland said “Demand for blue chip freestanding investments within resilient and ‘essential’ industries appears to be holding up, as investors seek passive income security and growth. The portfolio of 16 assets are underpinned by long term leases to some of Australia’s most successful and sought after tenant covenants, with each of the properties offering attractive annual rent increase structures, providing a security blanket against inflation in the current economic environment.”
7 of the 16 properties are available for sale via Expressions of Interest, including a new Sydney childcare centre in the booming south west growth corridor at Gregory Hills, a Metcash backed IGA Supermarket in the metropolitan Melbourne suburb of Thomastown, a World Gym at
Stafford in inner Brisbane on a significant landholding with favourable zoning provisions, as well as a Mobil & Zarraffa’s Coffee convenience retail asset in Hervey Bay.
Stonebridge Partner, Michael Collins, added “ We continue to witness significant demand from high net worth individuals sitting on large cash reserves. These investors are taking a long term view, as assets they acquire often become intergenerational in nature. Accordingly, when quality property is put to the market, there remains strong appetite amongst those looking to acquire trophy commercial property, generating secure long term cash flows from the nation’s strongest performing tenant groups and sectors.”
Stonebridge’s Inaugural National Portfolio Auction will take place on Tuesday 5 July at Sydney’s Sofitel Wentworth ‘Hobart Room’, with interstate bidding available in Brisbane and Melbourne, as well as online via a live-stream.
The respective Expressions of Interest campaigns are due to close on Thursday 7 July at 1pm.
For further information, please contact the Stonebridge team.
Tom Moreland | +61 408 072 822 | tmoreland@stonebridge.com.au
Michael Collins | +61 404 023 204 | mcollins@stonebridge.com.au
