Burgess Rawson are pleased to offer to the market Starbucks, located at 53 Sunshine Avenue, St Albans VIC for sale via our Investment Portfolio Auction 177.
This investment has the following key highlights:
+ Brand new 12 Year net lease to 2037 plus Four (4) further Five (5) Year options to 2057.
+ Starbucks: the world's largest and most recognisable coffee chain with 32,000+ stores across 80 different countries. **
+ Fixed 3% annual rent increases ensuring long term compounding income growth.
+ Attractive net lease structure Starbucks pays all usual outgoings (excluding land tax) as per the lease.
+ Brand new construction built in 2025, offering maximum depreciation benefits of up to 52.3% of year 1 rent.
+ High profile 1,546sqm site with 252,000 vehicles* passing weekly. ***
+ Immaculate brand-new 210sqm* fast food restaurant with major tenant funded fit out to Starbucks' latest corporate design and layout.
+ Important wrap-around drive-thru with 7 on-title car spaces.
+ Situated in a brand new convenience retail precinct surrounded by global and national leading retailers, McDonald's, 7-Eleven, Zambrero and El Jannah.
+ Important, gateway homebound site, metres from the on and off ramps to Western Ring Road (M80) an important arterial and freight corridor to metropolitan Melbourne carrying a further 128,000 vehicles daily. ***
+ St Albans Convenience Retail Centre: premium fast food and convenience retail centre completed in 2025, perfectly positioned on the homebound side of Sunshine Avenue.
+ St Albans: 17km* from Melbourne's CBD, the suburb's population is forecast to grow 27% by 2046. ****
+ City of Brimbank: Second largest municipality in metropolitan Melbourne, with 18,711 businesses supporting 94,534 jobs, producing over $12.85 billion in annual economic output. *****
+ Estimated Net Income: $251,000pa* + GST
For Sale by Investment Portfolio Auction 177
10:30am AEST Wednesday 25 June 2025
Crown Casino, Melbourne
For more information, contact the exclusively appointed Sales team:
Jamie Perlinger - 0413 860 315
Matthew Wright - 0458 290 588
Beau Coulter - 0413 839 898
David Napoleone - 0417 308 067
Asian Investment Services
Zomart He - 0488 220 830
Also available as part of Burgess Rawson's June Portfolio Auction.
McDonald's
Lease term: 20 Years to 2045
Net Income: $175,000pa* + GST
El Jannah
Lease term: 20 Years to 2045
Net Income: $371,000pa* + GST
* Approx
** Starbucks
*** Gapmaps
**** Forecast.id
***** Economic.id
