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DESCRIPTION:Brand New Showroom/Warehouse Leased to the World's Largest Home
  Furniture Retailer\nCBRE\, in conjunction with Darcy Jarman\, are pleased
  to offer to market 4/1-39 Roseneath Street\, North Geelong VIC\, a brand 
 new showroom/warehouse leased to the world's largest home furniture retail
 er\, for sale via our Investment Portfolio Auction 189.\n\nThis opportunit
 y has the following key investment highlights:\n\n+ Brand new Three (3) ye
 ar net lease to November 2029\, plus One (1) further Three (3) year option
  to 2032.\n+ Brand new 2026 build\, offering maximum depreciation benefits
  of up to 34% of year 1 rent potentially tax free. (2)\n+ IKEA: the world'
 s largest home furnishings retailer\, known for affordable\, flat-packed\,
  Scandinavian-designed furniture and home accessories\, and wholly owned s
 ubsidiary of Ingka Group\, with $71.6b AUD in retail sales in FY25. (1) \n
 + Rare fixed 4% annual rent increases\, ensuring continued income growth.\
 n+ Investor preferred net lease terms with IKEA responsible for all usual 
 outgoings\, excluding land tax\, as per the lease.\n+ Recently refurbished
  and well-presented 472sqm* purpose-built warehouse\, built in line with I
 KEA's corporate fit-out and design.\n+ Prime 399sqm* Industrial 1 Zone (IN
 1Z) landholding with exclusive access to 7 licensed car spaces.\n+ Positio
 ned in North Geelong's established industrial and logistics precinct\, hom
 e to GeelongPort and more than 13 million tonnes of cargo a year\, with th
 e port supporting over $10 billion in annual trade. (3)\n+ North Geelong s
 its within Greater Geelong\, Victoria's second-largest city and one of its
  fastest-growing regions\, known for its working port\, manufacturing heri
 tage and proximity to the Great Ocean Road and Bellarine Peninsula.\n+  Ci
 ty of Greater Geelong: booming high-growth LGA\, connecting Melbourne CBD 
 to the Surf Coast\, with population forecast to surge 44% to 441\,984 peop
 le by 2046. (4)\n+ Potential 50% stamp duty saving.\n+ Net Income: $97\,32
 5 pa* + GST.\n\nTo be sold by Investment Portfolio Auction\n10:30am AEDT W
 ednesday 9 December 2026\nRiver Room\, Crown Casino\, Melbourne\n\n*Approx
 \n(1) IKEA\n(2) Charter Keck\n(3) Regional Development Victoria\n(4) .id
DTEND:20261209T113000
DTSTAMP:20261112T050338Z
DTSTART:20261209T103000
LOCATION:Crown Casino - Melbourne
SEQUENCE:0
SUMMARY:Auction: 4/1-39 Roseneath Street\, North Geelong VIC
UID:CRE-2021323843-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>Brand New Showroom/Warehouse Leased t
 o the World's Largest Home Furniture Retailer <br/> CBRE\, in conjunction 
 with Darcy Jarman\, are pleased to offer to market 4/1-39 Roseneath Street
 \, North Geelong VIC\, a brand new showroom/warehouse leased to the world'
 s largest home furniture retailer\, for sale via our Investment Portfolio 
 Auction 189. <br/>  <br/> This opportunity has the following key investmen
 t highlights: <br/>  <br/> + Brand new Three (3) year net lease to Novembe
 r 2029\, plus One (1) further Three (3) year option to 2032. <br/> + Brand
  new 2026 build\, offering maximum depreciation benefits of up to 34% of y
 ear 1 rent potentially tax free. (2) <br/> + IKEA: the world's largest hom
 e furnishings retailer\, known for affordable\, flat-packed\, Scandinavian
 -designed furniture and home accessories\, and wholly owned subsidiary of 
 Ingka Group\, with $71.6b AUD in retail sales in FY25. (1)  <br/> + Rare f
 ixed 4% annual rent increases\, ensuring continued income growth. <br/> + 
 Investor preferred net lease terms with IKEA responsible for all usual out
 goings\, excluding land tax\, as per the lease. <br/> + Recently refurbish
 ed and well-presented 472sqm* purpose-built warehouse\, built in line with
  IKEA's corporate fit-out and design. <br/> + Prime 399sqm* Industrial 1 Z
 one (IN1Z) landholding with exclusive access to 7 licensed car spaces. <br
 /> + Positioned in North Geelong's established industrial and logistics pr
 ecinct\, home to GeelongPort and more than 13 million tonnes of cargo a ye
 ar\, with the port supporting over $10 billion in annual trade. (3) <br/> 
 + North Geelong sits within Greater Geelong\, Victoria's second-largest ci
 ty and one of its fastest-growing regions\, known for its working port\, m
 anufacturing heritage and proximity to the Great Ocean Road and Bellarine 
 Peninsula. <br/> +  City of Greater Geelong: booming high-growth LGA\, con
 necting Melbourne CBD to the Surf Coast\, with population forecast to surg
 e 44% to 441\,984 people by 2046. (4) <br/> + Potential 50% stamp duty sav
 ing. <br/> + Net Income: $97\,325 pa* + GST. <br/>  <br/> To be sold by In
 vestment Portfolio Auction <br/> 10:30am AEDT Wednesday 9 December 2026 <b
 r/> River Room\, Crown Casino\, Melbourne <br/>  <br/> *Approx <br/> (1) I
 KEA <br/> (2) Charter Keck <br/> (3) Regional Development Victoria <br/> (
 4) .id</P></body></html>
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