Morayfield, a fast-growing suburb 44 kilometres north of Brisbane, has been chosen as the site of Queensland’s newest Taco Bell. The restaurant was pre-leased in a new highway service centre at 182-190 Morayfield Rd.OOoriginally the owner decided to sell this fantastic, high-profile 6500 sqm site, and instructed us to take the property to market with 3 existing tenancies [...]
By Robert, Stanley-Turner 15/05/2020 Well, 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 [...]
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 [...]
By Robert Stanley-Turner A Mulgrave property investment purchased in 2017 has recently sold for $27.82M on behalf of its syndicate investors. Throughout the term of the investment, investors received around 8% per annum and ultimately $1.20 returned for each $1 they invested. Investors were able to participate in the syndicate from $50,000. The property was purchased in June 2017 for [...]
By Rob Stanley-Turner: 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, [...]
By Robert Stanley-Turner.I’ve been selling Self-Storage facilities since 1996. That’s 23 years (OMG), and over that time I’ve seen the industry go from strength to strength, increasing in professionalism and facility size in order to respond to our population growth and shift to apartment living. I’ve marketed and inspected scores of facilities, here in Australia and overseas… …and I’ve never [...]
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: And in further investigation of Highway service centres, there is this one, the best yet, called “Gloucester Services”. Built 5 years ago with agreement from UK main roads after the announcement of a landowners farmland being resumed, 3 innovative farmers assembled this service centre which offers only local produce. Wow!
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: Aldi is now well entrenched into large-format home centres. I know in Australia, putting supermarkets into Home centres was specifically restricted for many years, due mainly to the fact of the additional load it would put on carparks.
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: Without a doubt, the most impressive SS facility in the UK is this one in Chiswick, in London's west. This property is 7 levels and sits alongside numerous newish office buildings. Perhaps conveying the direction of Self Storage.
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 [...]
By Rob Stanley-Turner: Costa coffee is just everywhere here in fact they have over 3400 outlets. Not only have they stores but they also have instant pods in servos. They are owned by huge multinational Whitbread Plc. Whitbread are the UK’s largest operator of hotels, restaurants and coffee shops, with some of the UK’s most successful hospitality brands including Premier [...]