Ray White Commercial auctions: More than 20 properties to go under hammer in June 2018

4 June, 2018

 

Ray White Commercial’s national quarterly auction week kicks off in June with events in Melbourne, Sydney, Perth and Brisbane.

All auctions will be live-streamed by Gavl, with bidding also available via the Gavl app. To find out more, go to the Gavl website.

Scroll down to view the properties scheduled to go under the hammer in each state.

NSW

Public auction to be held on June 13 at 10.30am — Level 17, 135 King Street, Sydney

Wandandian

2650 Princes Highway

Nestled on the NSW Shoalhaven Coast, the former premises of Dimitri’s Restaurant & Bar at Wandandian is only 10 minutes from Jervis Bay and Sussex Inlet with the St Georges Basin just across the highway. While the property was originally part of the Kladis Winery Estate, the premises could be suitable for a number of different business uses.

Haberfield

181 Parramatta Road

The property is situated eastbound on the corner of Chandos Street and Parramatta Road, a coveted residential area. The property will directly benefit from the $20 billion Westconnex infrastructure project. Currently being used as a car yard, the property has DA approval for in place for 19 serviced apartments, a car showroom and basement car parking.

Mosman

Shops 1 & 2, 584 Military Road

Leased to the renowned interior designer and fine furniture retailer Renee’s House of Designs, this property is positioned in one of the most visible corner locations in Mosman and seen by hundreds of thousands of commuters each week. The showroom has more than 30m of street frontage and dominates the entry to Mosman’s commercial hub.

Mosman

Shop 1, 1-5 Mandolong Road

Surrounded by some of the best retailers in Australia, this property has a five-year lease with two five-year options to global cosmetic giant Estee Lauder’s brand Bobbi Brown. The retail area of 94sqm has prominent frontage to Military Road and Bobbi Brown has undertaken an extensive fitout.

Cremorne

Shop 2, 104 Spofforth Street, Cremorne

Located on the corner of Cabramatta Road, this property is at the centre of one of Cremorne’s busiest shopping locations and surrounded by leading retailers including IGA and Australia Post. The 80sqm ground-floor shop is just a two-minute walk to Military Road, with access to regular buses to the city, Mosman and beyond. It is offered for sale with vacant possession.

Balgowlah — sold prior to auction

Shop 5, 339 Sydney Road

At the centre of the Balgowlah shopping precinct, the premises is on a trendy retail strip of cafes, restaurants, boutiques and other longstanding tenants and moments to Stockland Balgowlah shopping centre. The 45sqm ground-floor shop is leased by Thai Massage Arokaya, on a new three-year lease with a further two-year option.

Ultimo

Suites 4.04,4.05,4.06, 22-36 Mountain Street

Located in the sought-after Fusion development, these offices were previously home to one of Sydney’s leading creative digital agencies, Soap. There is 344sqm of internal area, a big and sunny 73sqm private balcony, reception area, photo studio, boardroom and meeting rooms.

Darlinghurst

Shop 3, 241 Crown Street

Retail space among the cosmopolitan core of Darlinghurst and neighbouring Surry Hills. Be among the cosmopolitan core of Darlinghurst and neighbouring Surry Hills, while enjoying foot traffic from the commercial and residential surrounds. It features a 7m shop frontage onto one of Sydney’s most well-known hospitality locations. Highlights include 229sqm of retail space plus a car space, and existing liquor licence and approval for restaurant-external seating.

Surry Hills

Shop 2, 160 Goulburn Street

Currently occupied by a massage therapist, this property is metres from to Crown Street and Oxford Street — Sydney’s favourite shopping and eat streets. The immediate area incorporates residential, office Sydney’s best bars and restaurants, high-end designer labels, and edgy boutique shops — and is the headquarters for many creative industry specialists and other professionals.

Darlinghurst

163-169 Oxford Street

This three-storey 1284sqm character building is ready for an adaptive reuse in a prime inner-city location. Set between popular Crown Street and Taylor Square, the property’s famous neighbours include Stonewall Hotel, Kinselas and Court House Hotel.

Rydalmere

3/5 Clyde Street

This industrial strata unit situated in a boutique complex of four units is suitable for various business usages, subject to council approval. The lettable area is 1057sqm over two levels and the space was previously occupied as a brothel.

 

WA

Public auction to be held on June 13 at 10.30am — Ground floor, 12-14 The Esplanade, Perth

East Perth

1/170 Adelaide Terrace

The property has prime street frontage to Adelaide Terrace and features a strata-titled yoga-cafe suite. The lettable area is 295sqm plus a 13sqm car bay. The current net rent is $104,000 per annum and the lease is expiring in September 2019, with a further five-year option.

Perth

416 William Street

Located on a prominent corner site in Northbridge, this retail investment property features a lettable area of 346sqm on land area of 556sqm. There are development options and a long-term lease or vacant possession is available.

Greenwood

20 Kanangra Crescent

This 3014sqm development site is specifically zoned for over-55 living within the City of Joondalup. The property is adjacent to the Coolibah Plaza shopping centre, 2km from Greenwood Village shopping centre and just over 1km from the Greenwood train and bus station.

Joondalup

15 Burlos Court

Specifically zoned for over-55 living within the City of Joondalup, the site is located in a quiet cul-de-sac and strategically positioned adjacent to the Candlewood Village shopping centre. The address is less than 2km from the Currambine train station, Joondalup Health Campus and Joondalup city centre.

 

Victoria

Public auction to be held on June 12 at 10am — Level 17, 40 City Road, Southbank

Boronia

31-39 Erica Avenue

This 2400sqm parcel of MUZ (Mixed Use Zone) land has approved plans and permits for 45 apartments and four shops. It is located opposite Boronia train station and in a tightly held shopping precinct.

Bonnie Doon

10 Bon Crescent

The Shell Bonnie Doon Roadhouse investment consists of a self-serve service station, convenience store, bottle shop and seated cafe-takeaway. Bonnie Doon is 168km north-east of Melbourne on the edge of Lake Eildon. The township is best known for its part in the movie The Castle.

 

Queensland

Public auction to be held on June 15 at 10.15am — Level 26, 111 Eagle Street, Brisbane

Browns Plains

2101/20-24 Commerce Drive

This secure education investment property is leased to Kirana Colleges — one of Australia’s fastest growing registered training organisations. The education sector is becoming a major driver of tenant demand in Brisbane, Kirana Colleges has a new three-year net lease to 2021 plus options to 2027.