By Robert Stanley-Turner Investors received what amounted to an 14.97% pa return via a small real estate investment trust established to purchase this investment in Mulgrave in 2017. The property was purchased for $21.7M and sold for $27.82M in December 2019 and distributed 8% per annum each year, with distributions every 2 months, with investors getting their initial investment back [...]
With one of Australia’s largest bulk ports and a thriving international airport, Newcastle is also serviced by a rail and road infrastructure with direct links to Sydney, Melbourne, Brisbane and the surrounding giant Hunter Valley agricultural and mining regions. This magic combination of air, rail, road, and sea facilities is rare both nationally and internationally. So rare, in fact, [...]
Morayfield, a fast-growing suburb 44 kilometres north of Brisbane, has been chosen as the site of Queensland’s newest Taco Bell. With this Morayfield development has seen a boost. The restaurant was pre-leased in a new highway service centre at 182-190 Morayfield Rd. Originally the owner decided to sell this fantastic, high-profile 6500 sqm site, and instructed us to [...]
According the the AFR on May 15, the Abacus buy up of shares is back on again! If this results in a controlling interest, I don't see it as a good thing for our independent self storage owner clients. Abacus have built up a 7% shareholding in National, taking advantage of a substantially reduced share price after the takeover blitz [...]
By Rob Stanley-Turner: Fast food & petrol retailers are wanting highway-fronting sites for their businesses. The one ingredient they all need is highway fronting sites, all over Australia. This factor made me think, that you may have a site which I could offer to them. Operators like these are wanting sites like this one in Milton all over [...]
By Robert Stanley-Turner 15/01/2020 Happy New Year! January is the perfect time to sit back, start afresh and re-evaluate your investment goals. Over the last few years, we’ve all been challenged by a lack of attractive investment options as returns have followed interest rates down. (OK, perhaps we’ve been a little bit spoiled by the glory days of [...]
Airport Storage & Parking in Marcoola on the Sunshine Coast sold in December 2017. Back in early 2017 when I first spoke with the owners, we discussed my recommendations as to sale format, optimal timing, finding the likely buyers and the best price strategy. We explored valuation concerns, the maturity of the complex and potential for development, syndication [...]
By Rob Stanley-Turner: I was so shocked I spilt my coffee. This is huge news: Abacus has taken a stake in National Self Storage. This has the potential to fundamentally change the self-storage market in Australia. Abacus Property Group and National Self Storage are two of the Big Four self-storage players. If this shareholding is a step towards Abacus attempting [...]
By Rob Stanley-Turner: June 2018: Investment property search: Undertaking Road trip in search of new investment property. We are searching for Self Storage, pubs and clubs, hotels and other quality income producing investment property suitable for us to assemble a group of investors to purchase and hold. Also we are also looking for high profile sites to suit many retailers [...]
By Rob Stanley-Turner: Here the largest UK Self Storage operator, Safestore and there largest stand-alone facility of around 9000 sqm and 1000 units. A most impressive facility. Safestore has 146 stores including 120 self-storage centres in the UK and a further 26 stores in the Paris region. Safestore was founded in the UK in 1998. It acquired the French business [...]
By Rob Stanley-Turner: 'Welcome Break' has this awesome service centre concept where this upside down U shaped building developed over the freeway with parking & hardstand on each site, offer motorists a fab place for a break and convenience retail range. The total size I would say would be around 3500m2 . It must work as its tenanted by some [...]
Storageone Rockhampton sold in October 2018 The result was the culmination of a campaign which saw more than 50 interested buyers and 4 offers competing for this fabulous property. When the owners of Storageone Rockhampton wanted to offer their immaculate, near new, Steel Storage built 3-year-old facility with around 300 units trading at around 75% occupancy and achieving a rental [...]
