The value of a site is dependent upon what it can be used for. Sites on main roads and highways have a premium value because there are a greater number of potential end users available to locate on them.  This is what we do. Our introduction of big-hitting-main-road-site-hunting end-users and developers can give your site its highest and best value.
For many years we have introduced landowners and developers to end users and have created greats investments in the process. The end-users who we have found to be the most reliable and hungry for growth are Fast Food restaurants, large-format retailers, storage industries, servos  and healthcare. Below we detail the requirements of the different end users.  Some end users are wanting to buy, others wanting a straight leaseback of land and improvements.

Petrol or service stations will require a minimum land size of around 2000 sqm approx. and will accommodate a convenience store of 200 sqm approx including a retail canopy of about 565 sqm. They normally leaseback the  developed land and building for 15 years with 4 further terms of 5 years, the rental guide will be circa $350k approx.. Sometimes, when there is available space, they will require a specialist canopy for truck filling. Sites required will be prominent and accessible and be close to a controlled intersection. The cost to build for a small facility will be around $3 500,000 approx. To see our list of service station  retailers and others wanting additional locations, please click through to our wanted list here

Main road or highway sites and space for twin drive throughs are vital for the big brands such as McDonalds, Zarrafa’s, Carl’s Jnr, Red Rooster, Hungry Jacks, KFC, Taco Bells, Guzman Y Gomez and Wendys. In fact, many wont look at new sites without space for at least one. There are a few exceptions for this with smaller restaurants such as Pizza Hut and Dominos who only require a store for home delivery or walk-ins and do not require drive through as such.

Most drive-through restaurants will require minimum land of 2000 sqm approx in order to accomodate a store area of up to 300sqm approx plus space to accommodate a single or twin drive through, waiting bays and parking. Thereafter, there will be setbacks from main roads and council for carriageway, landscaping & parking. Be wary though, developing a fast-food restaurant will require many submissions to appease council and main roads and therefore will take a substantial investment with your consultants such as town planners etc.
As most fast food restaurants cater for a dinner solution, the positioning of the site will have to offer accessibility to home bound traffic. This means homebound carriageways. Also, accessibility for vehicles on the opposite side of the road is also important, and therefore near a controlled intersection is generally a fundamental requirement as well. Unless of course the restaurant sells predominately coffee the reverse applies.
In terms of rental deal, they generally require a land and building leaseback package, similar to a service station which will include their designed-built store. Within their package they will provide building specifications and the total building cost can be as much as $2,400,000 for a fully specified restaurants. They will also require extensive signage as well. Then of  course the land cost adds to the total value of the holding. Restaurants often commit to a leaseback for 10 years and request 4 options of 5 years with maximum rental increase to be lower of CPI or 3%. Rentals can be as much as $350,000 per annum. Restaurant companies prefer gross rentals these days as well.
There are smaller fast food restaurants such as Pizza Hut and Dominos who require a minimal store size no larger than 100sqm approx and that is generally suited for convenience retail centers. To see our list of fast food retailers wanting additional locations, please click through to our wanted list here

Large-format retail known as LFR were formally known as bulky goods or homemaker stores have proliferated along with Australia’s surging population. Large-format retailers embrace them, because rental levels are moderate due to the fact, they buildings are generic to numerous other LFR retailers, unlike fast food and service stations. Developers like them because, after planning and approvals they are relatively easy to construct with concrete slab floors and precast concrete walls. and the minimal fit outs. Investors are keen to own them as they are terrific wealth creators with the fact they control large chunks of land and the income is generated from multiple tenants, giving resistance to rental reductions due to vacancies. They also sell on relatively attractive returns of circa 7% compared with fast food and service stations which are much less, sometimes about half that. To see our list of LFR retailers wanting additional locations, please click through to our wanted list here

Large operator groups like Quest are keen to acquire existing businesses and or new sites for the development and operation of hotels and motels