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DESCRIPTION:Entry Level Sydney Corner Freehold with Upside | Globally-Backe
 d National Tenant\nCBRE is pleased to offer to the market 11-13 Babbage Ro
 ad\, Roseville (Sydney) NSW\, a prized corner freehold anchored by Simplic
 ity Funerals\, for sale by Investment Portfolio Auction.\n\nThe property h
 as the following key investment highlights:\n\n+ Prized corner freehold wi
 th triple street frontage\, occupying a prominent position on the Babbage 
 Road retail village\n+ Land rich 242sqm* landholding with secure on-site p
 arking\n+ Simplicity Funerals\, a leading national funeral brand and part 
 of InvoCare\, Australia's largest funeral operator with 290 plus locations
 \, acquired by global investment firm TPG for approximately $1.8 billion\n
 + Established national tenant with 10 plus years on-site\n+ Diefes Brass\,
  a highly rated musical instrument repair specialist\, leased to 2030 plus
  option\n+ Diversified income stream with strong rental reversion and attr
 active mix of 3% and CPI rent reviews\n+ Flexible value-add opportunity vi
 a rental reversion\, refurbishment or redevelopment (STCA)\n+ Positioned i
 n an established neighbourhood retail precinct opposite the council car pa
 rk\, alongside Millers Pharmacy and a run of long-standing retail and prof
 essional tenants\n+ High passing traffic on a key arterial route linking t
 he Pacific Highway to Roseville Bridge\, moments from Roseville train stat
 ion and the Pacific Highway retail strip\n+ Roseville sits within Ku-ring-
 gai Council\, an affluent North Shore local government area with a populat
 ion of 128\,362* and a GRP of $8.73 billion*\n+ Net Income: $80\,555 pa* +
  GST\n\nTo be sold by Investment Portfolio Auction\n10:30am AEST\nTuesday 
 15 September\nSydney Opera House\n\n*Approximate ^Subject to council appro
 val
DTEND:20260915T113000
DTSTAMP:20260814T070432Z
DTSTART:20260915T103000
LOCATION:Yallamundi Rooms\, Sydney Opera House
SEQUENCE:0
SUMMARY:Auction: 11-13 Babbage Road\, Roseville Chase NSW
UID:CRE-2021074861-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Entry Level Sydney Corner Freehold wi
 th Upside | Globally-Backed National Tenant <br/> CBRE is pleased to offer
  to the market 11-13 Babbage Road\, Roseville (Sydney) NSW\, a prized corn
 er freehold anchored by Simplicity Funerals\, for sale by Investment Portf
 olio Auction. <br/>  <br/> The property has the following key investment h
 ighlights: <br/>  <br/> + Prized corner freehold with triple street fronta
 ge\, occupying a prominent position on the Babbage Road retail village <br
 /> + Land rich 242sqm* landholding with secure on-site parking <br/> + Sim
 plicity Funerals\, a leading national funeral brand and part of InvoCare\,
  Australia's largest funeral operator with 290 plus locations\, acquired b
 y global investment firm TPG for approximately $1.8 billion <br/> + Establ
 ished national tenant with 10 plus years on-site <br/> + Diefes Brass\, a 
 highly rated musical instrument repair specialist\, leased to 2030 plus op
 tion <br/> + Diversified income stream with strong rental reversion and at
 tractive mix of 3% and CPI rent reviews <br/> + Flexible value-add opportu
 nity via rental reversion\, refurbishment or redevelopment (STCA) <br/> + 
 Positioned in an established neighbourhood retail precinct opposite the co
 uncil car park\, alongside Millers Pharmacy and a run of long-standing ret
 ail and professional tenants <br/> + High passing traffic on a key arteria
 l route linking the Pacific Highway to Roseville Bridge\, moments from Ros
 eville train station and the Pacific Highway retail strip <br/> + Rosevill
 e sits within Ku-ring-gai Council\, an affluent North Shore local governme
 nt area with a population of 128\,362* and a GRP of $8.73 billion* <br/> +
  Net Income: $80\,555 pa* + GST <br/>  <br/> To be sold by Investment Port
 folio Auction <br/> 10:30am AEST <br/> Tuesday 15 September <br/> Sydney O
 pera House <br/>  <br/> *Approximate ^Subject to council approval</P></bod
 y></html>
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