10 Corporation Avenue,
Bathurst, NSW 2795
Expressions of Interest
Key property information
Map of 10 Corporation Avenue
Train stations within 5 km of 10 Corporation Avenue, Bathurst, NSW 2795 Distance Bathurst Station 3.5 kmPOWERED BY HERE © Bus stops within 5 km of 10 Corporation Avenue, Bathurst, NSW 2795 Distance Richardson St Near Ussher Cres 521 m Suttor St Before Bradwardine Rd 604 m Suttor St After Bradwardine Rd 625 m Suttor St Near Hawkins St 696 m Ussher Cres and Ullathorne CL 760 mPOWERED BY HERE ©
Prime Dealership Location With New 10 Year Lease - Capital Investment of Over $2 million
- New Ten Year Lease
- Over $ 2 Million capital expenditure
- Multiple Dealer Brands
A capital investment of over $2 million is currently under way upgrading the dealership to allow for the growth in dealer brands to be offered to the Bathurst community and surrounding region. The showroom is in place with the service section to be open over the next six weeks.
The dealership has been established for 60+ years and opened in the current location in 2000 to take advantage of the high profile position and signage opportunities along the major arterial Mitchell Highway connecting the Central West. The brands represented include Hyundai, Havel, GWM, GMSV, Subaru, Honda, Nissan and Suzuki and the site is secured by the numerous future development opportunities realised by it B5 Business zone.
Bathurst Auto Group is part of AutoPact Group, one of Australia's biggest auto dealership groups, having 26 dealerships along the eastern seaboard which represent 33 of the top car brands in Australia selling in excess of 26,000 vehicles with a turnover of $1.3 Billion in 2021 financial year. The brand covers premium, luxury and commercial vehicle categories and also offer a range of services, including new and used vehicle sales, service, parts as well as vehicle finance and insurance. They are also a PPG Industries distributor of paints, coatings, and specialty materials. (plus Holden Service Centre)
Bathurst is a city in the Central Tablelands of New South Wales, Australia. It is about 200 kilometres west-northwest of Sydney and is the seat of the Bathurst Regional Council. Bathurst is the oldest inland settlement in Australia and had a population of 37,191 at June 2019.
This is an exceptional long-term premium investment opportunity to one of Australia's top tier Automotive groups.
+ New 10 year lease from 1 November 2021
+ Lessee pays 100% of outgoings including land tax as per lease
+ Annual increases - 3% or CPI, whichever is the greater
+ Capital investment of over $2 million currently under way
+ Extensive 80kw solar infrastructure on the roof
+ Auto Pact has 26 dealerships representing 33 of the top car brands
+ Showroom & offices with total building area of 3,120sqm
+ Substantial Land holdings with a site area of 14,640sqm
+ On-site parking for both customers and staff
Annual Net rent - $923,915 plus GST
Expressions of Interest close Thursday 11 November at 5pm.
For further information or to arrange an inspection subject to current NSW health regulations please contact Steve Burke on 0428 434 4... or Darren Beehag 0411 226 2....
Property ID: 503897626Last Updated: 21 Oct 2021