Peter Stevens Auto Dealerships, 615 Creswick Road (Midland Hwy),
Ballarat Central, VIC 3350

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

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Highway Automotive Dealership - (Peter Stevens) Established 1972

Brand New 10 + 10 Year Lease to 2039
$5M Refurbishment in 2017
Strong & Certain Rental Growth

+ Brand new 10 + 10 year lease to 2039
+ $5m refurbishment in 2017
+ Huge 7,383 sqm Mixed Use site with 245 m triple street frontage
+ Lessee pays all usual outgoings as per the lease
+ Peter Stevens Motorworld – proven auto business since 1972 now including Nissan, Hyundai, MG and RAM dealerships
+ As new, immaculate building totalling 4,561 sqm
+ Strong and certain rental growth
+ One of Ballarat’s busiest intersections opposite BP, Caltex, Carl’s Jr and Subway
+ 31,400+ vehicles passing daily
+ Significant taxation saving depreciation
+ Income: $540,000 pa + GST

For Sale by Auction
11am Wednesday 11 December 2019
Crown Casino, River Room, Melbourne

Property ID: 503394930Last Updated: 8 Apr 2020

Peter Stevens Auto Dealerships, 615 Creswick Road (Midland Hwy)

Ballarat Central, VIC 3350

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