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Burgess Rawson - Sydney

JAX Tyres & Auto, 98-100 Koroit Street Warrnambool, VIC 3280

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JAX Tyres & Auto, 98-100 Koroit Street,
Warrnambool, VIC 3280

Showrooms & Bulky Goods • Shop & Retail • Warehouse, Factory & Industrial

Price information

Sale - Auction Tue 14 Dec

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$81,934
Number of Tenants
1 Tenant
Tenants / Type
Jax Tyres & Auto

Auction

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Burgess Rawson - Sydney
Darren Beehag

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
Burgess Rawson - Sydney
JAX Tyres & Auto, 98-100 Koroit Street
Warrnambool, VIC 3280

Map of JAX Tyres & Auto, 98-100 Koroit Street

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  • Train stations within 5 km of JAX Tyres & Auto, 98-100 Koroit Street, Warrnambool, VIC 3280Distance
    Warrnambool Station844 m
    Sherwood Park Station4.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of JAX Tyres & Auto, 98-100 Koroit Street, Warrnambool, VIC 3280Distance
    Koroit St Interchange/Koroit St (Warrnambool)225 m
    Archie Graham Centre/Timor St (Warrnambool)231 m
    Warrnambool Bowls Club/Timor St (Warrnambool)316 m
    Kelp St/Timor St (Warrnambool)430 m
    Olde Maritime Motor Inn/Banyan St (Warrnambool)430 m
    POWERED BY HERE ©
POWERED BY HERE ©

Immaculate JAX Tyres & Auto - New 7 Year Lease to 2026

  • JAX Head Company Lease
  • New 7 Year Lease to 2026
  • Extensively Refurbished in 2019
+ 7 year lease to January 2026 plus options to 2036
+ JAX Tyres & Auto: wholly owned entity of Hankook Tire (KRX Listed) with a market cap of over $7 Billion
+ Annual rent reviews and market review at option
+ Extensive capital intensive refurbishment in 2019 with branding upgraded in 2021
+ 483sqm freehold title with 23 metre frontage and exposure
+ Commercial 1 zoning suits premium retail
+ Strategic position central to Warrnambool’s CBD and automotive precinct
+ Warrnambool: Victoria’s largest coastal city (outside Port Phillip Bay) with a growing trade catchment area of 100,000
+ Net Income: $81,934 pa + GST (Feb 2022)

For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 15 December 2021
River Room, Crown Casino, Melbourne

Property ID: 503957590Last Updated: 26 Nov 2021

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