Bathurst Motor Group, 10 Corporation Avenue,
Bathurst, NSW 2795
Shops & Retail • Warehouse, Factory & Industrial
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Zoning
Municipality
Tenure type
NABERS
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$923,915
Number of Tenants
1 Tenant
Tenants / Type
AutoPact Group
Private inspections
to arrange a private inspection.
Map of Bathurst Motor Group, 10 Corporation Avenue
Train stations within 5 km of Bathurst Motor Group, 10 Corporation Avenue, Bathurst, NSW 2795 Distance Bathurst Station 3.5 km POWERED BY HERE ©Bus stops within 5 km of Bathurst Motor Group, 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 706 m Ussher Cres and Ullathorne CL 760 m POWERED BY HERE ©
POWERED BY HERE ©
Security of Nikkei 225 listed parent company - Optimus Group Co,.
- Renewed 10 year lease + options to 2046
- Triple net lease + ratchet clause
- Security of global auto giant
Next Commercial is delighted to offer For Sale 10 Corporation Avenue, Bathurst.
Secured by AutoPact - one of Australia's largest private motor vehicle retailers - operating 28 independent sites across the eastern states of Australia which is controlled by Optimus Group Co., one of Japan's largest wholesalers of motor vehicles globally and Nikkei 225 listed.
Triple net lease with tenant responsible for 100% of all outgoings, repairs, maintenance, and building improvements.
Enormous 14,670 sqm* developed site located on the western perimeter of Bathurst CBD, neighbouring Service NSW and Bathurst Toyota.
Investment Highlights:
+ Renewed 10-year triple net lease commencing October 2021, plus 3 x 5-year options to 2046
+ Modern 3,120 sqm* motor vehicle showrooms & fully automated service centre
+ 14,670 sqm* developed site incorporating 139 m* frontage to Mitchell Highway
+ Lessee pays all statutory outgoings, repairs, maintenance, and building improvements
+ Annual rental increases greater of CPI or 3%. (Ratchet clause applies at option review)
+ Annual net income $1,043,951.16 (+GST)*
For Sale by Private Negotiation.
Secured by AutoPact - one of Australia's largest private motor vehicle retailers - operating 28 independent sites across the eastern states of Australia which is controlled by Optimus Group Co., one of Japan's largest wholesalers of motor vehicles globally and Nikkei 225 listed.
Triple net lease with tenant responsible for 100% of all outgoings, repairs, maintenance, and building improvements.
Enormous 14,670 sqm* developed site located on the western perimeter of Bathurst CBD, neighbouring Service NSW and Bathurst Toyota.
Investment Highlights:
+ Renewed 10-year triple net lease commencing October 2021, plus 3 x 5-year options to 2046
+ Modern 3,120 sqm* motor vehicle showrooms & fully automated service centre
+ 14,670 sqm* developed site incorporating 139 m* frontage to Mitchell Highway
+ Lessee pays all statutory outgoings, repairs, maintenance, and building improvements
+ Annual rental increases greater of CPI or 3%. (Ratchet clause applies at option review)
+ Annual net income $1,043,951.16 (+GST)*
For Sale by Private Negotiation.
Property ID: 504129287Last Updated: 16 Feb 2024
Bathurst Motor Group, 10 Corporation Avenue
Bathurst, NSW 2795
Next Commercial - SydneyMezz Level, 34-36 James Craig Road
ROZELLE, NSW 2039
ROZELLE, NSW 2039
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
OLD SOFALA GAOL, 7 Barkley St,Sofala, NSW 2795 300 m²Shops & Retail • Hotel, Motel & Leisure
