409-415 Warrigal Road,
Cheltenham, VIC 3192
Shops & Retail • Warehouse, Factory & Industrial • Offices
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Map of 409-415 Warrigal Road
Prized Main Road Investment with ASX Listed Tenant
- Strategic Metro Smash Repair Centre
- Secure 10 Year Lease
- Huge Site Amongst National Heavyweights
Secure 10 year lease plus option to 2028.
Gemini: Australia's largest accident repair group, wholly owned by ASX listed company AMA Group Ltd ($107.8m revenue 2015).
Annual fixed 3% rent increases.
Tenant pays usual outgoings including Land Tax as per the lease.
High quality 3,891 sqm showroom / office / warehouse.
Significant rear land (hardstand) for future expansion (STCA).
Prominent 9,721 sqm site with 61 metre Warrigal Road frontage.
168 car parks on title; only 39% building site coverage.
Established retail and business park precinct less than 20km from Melbourne's CBD.
Central amongst; McDonald's, Shell, Bunnings, Hungry Jack's, Westpac, RACV, Middy's, Total Tools, RSEA, VicRoads, Repco.
Single tenanted minimum management investment.
Rent: $422,268 pa (July 2016).
Auction 11am Wednesday 18th May
River Room, Crown Casino, Melbourne
Gemini: Australia's largest accident repair group, wholly owned by ASX listed company AMA Group Ltd ($107.8m revenue 2015).
Annual fixed 3% rent increases.
Tenant pays usual outgoings including Land Tax as per the lease.
High quality 3,891 sqm showroom / office / warehouse.
Significant rear land (hardstand) for future expansion (STCA).
Prominent 9,721 sqm site with 61 metre Warrigal Road frontage.
168 car parks on title; only 39% building site coverage.
Established retail and business park precinct less than 20km from Melbourne's CBD.
Central amongst; McDonald's, Shell, Bunnings, Hungry Jack's, Westpac, RACV, Middy's, Total Tools, RSEA, VicRoads, Repco.
Single tenanted minimum management investment.
Rent: $422,268 pa (July 2016).
Auction 11am Wednesday 18th May
River Room, Crown Casino, Melbourne
Property ID: 501931786Last Updated: 15 Aug 2016
04138603...
409-415 Warrigal Road
Cheltenham, VIC 3192
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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