As we step into Q2 2023, we wanted to take a retrospective look over the quarter that has passed, sharing with you our most viewed investment listings on CommercialReady over the quarter.
In no particular order, we present our ten most popular investments of Q1:
Harris Farm Clayfield, 823 Sandgate Road, Clayfield, QLD 4011 - Ray White Commercial
This trophy retail asset anchored by Harris Farm Markets on a new 10-year lease was one of our most popular listings of the quarter. Marketed by Ray White Commercial's Lachlan O'Keeffe and Michael Feltoe, the asset holds a strong mix of tenants, including BWS, Milk & Froth Cafe and Clayfield Seafood Markets in addition to Harris Farm Markets. Providing a fully leased net tenancy income of $1,125,895 p.a., it comes as no surprise that his investment is one of our most viewed.
129-133 Main North Road, Nailsworth, SA 5083 - Burgess Rawson & CBRE
It's no surprise that this investment site, which holds a 15-year lease to the ASX-listed Viva Energy, was one of our most viewed investments for Q1. With no stamp duty, annual 3% rent increases, and a tenancy income of $365,650 p.a., the asset marketed by Burgess Rawson's Jamie Perlinger and Rick Jacobson, in conjunction with CBRE's Mitch Curnow and Harry Einarson, garnered an incredible amount of investor interest.Â
Village Lakeside Shopping Centre, 9 Lakeside Boulevard, Pakenham, VIC 3810 - JLL
This neighbourhood shopping centre proved to be a rare investment opportunity. Anchored by Coles and supported by 10 non-discretionary shops, this investment holds 100% occupancy and an estimated net income of $1,348,004 p.a. Marketed by JLL's Tom Noonan, MingXuan Li and Stuart Taylor, this investment found the growing suburb of Pakenham is something to behold.Â
7 Galena Street, Broken Hill, NSW 2880 - Burgess Rawson
Marketed by Burgess Rawson's Yosh Mendis, Darren Beehag, Campell Bowers and Andrew Havig, this fast-food investment site came with an exceptionally rare ground lease, meaning that tenants pay all outgoings, including repair work. As the only Mcdonald's in Broken Hill, this investment was, unsurprisingly, extremely popular on CommercialReady, with a net income of $224,065 p.a., a 20-year net lease, and annual CPI reviews plus turnover rental growth.
58 Carrington Street, Palmyra, WA 6157 - Burgess Rawson
This childcare investment was one of our most viewed from the west. With a 20-year lease to Nido Early School, favourable CPI increases, tenant-paid outgoings, and its strategic location in a school district, it is no wonder that this site was attractive to investors. Managed by Burgess Rawson's Adam Thomas, Natalie Couper and Chris Carcione, this is one of the few investment sites still available, if you're quick.Â
265 Hawthorne Road, Hawthrone, QLD 4171 - Ray White Commercial
Found in the inner Brisbane suburb of Hawthorne, this high street retail investment garnered an impressive amount of views over the quarter. Marketed by Ray White Commercial's Michael Feltoe and Lachlan O'Keeffe, this fully leased investment has a strong tenant mix of retail, hospitality and office space, a rental income of $319,902 p.a., and is one of few commercial spaces within Hawthorne, making it no surprise that it quickly sold at auction.Â
333 Halifax Street, Adelaide, SA 5000 - Knight Frank
Marketed by Knight Frank's Oliver Totani and Jack Dyson, this office asset found in the heart of Adelaide's CBD piqued much interest from investors. Holding a rare Torrens Title, 710 sqm office space, and no stamp duty payable, this investment proved to be one of our most viewed of the quarter from across the country.
309-315 Princes Highway, Colac, VIC 3250Â - Burgess Rawson
This convenient retail investment found in a booming regional area of Victoria received high amounts of interest from investors. Marketed by Burgess Rawson's Matthew Wright, Jamie Perlinger and Rick Jacobson, This investment is placed in the heart of Colac, and produces an estimated tenancy income of $410,675 p.a. from tenants 7/11 and Autopro. This asset was sold at auction, as part of Burgess Rawson's Investment Portfolio 159.Â
34-36 Dalmeny Avenue, Rosebery, NSW 2018Â - Ray White Commercial
Originally built as a church, this site has been converted into a fully-fenced centre with a playground and ample parking spaces, making it a versatile opportunity for investors. Marketed by Ray White Commercial's Baxter van Heyst, Samuel Hadgelias and Leslie (Yifu) Li, this investment holds two titles across a 1,391.2 sqm area and has approval for a 59-place childcare centre.Â
This income-producing asset found in Midland's 'West End' earned the eyes of many investors. Managed by Realmark's Cambell Giles, the asset comes with a current five-year lease, holds a rental income of $81,272 p.a., and has a stable government tenant, making it an attractive asset for investors around the country.
As you can see, Q1 was full of some incredible listings, with a range of opportunities suited to investors big and small. If you want to keep up-to-date with the latest listings for Retail, Industrial, Child/Healthcare, Hotel/Leisure, Offices, Farming, and Other asset classes, be sure to click the links.