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Burson Auto Parts, 62 Tone Road Wangaratta, VIC 3677

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Burson Auto Parts, 62 Tone Road,
Wangaratta, VIC 3677

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

Key property information

Land area

Floor area

Property extent

Tenure type

Map of Burson Auto Parts, 62 Tone Road

Directions

Affordable Auto Retail Investment

  • Leased to ASX-Listed Subsidiary
  • Brand New 466sqm Retail Showroom
  • 5 Year Net Lease To 2024
New 5 year net lease to 2024 plus options to 2033.
Burson Auto Parts: automotive specialist with 180 stores nationally and wholly owned subsidiary of ASX-Listed Bapcor with a Market Cap of $2billion.
Tenant pays all usual outgoings.
Significant depreciation benefits.
Annual rent reviews.
Highway corner position metres from Bunnings and surrounded by complementary businesses.
Net Income: $54,375 + GST

Auction 12 noon AEDT Wednesday 30 October
River Room, Crown Casino, Melbourne, VIC

Wangaratta, 3677 demographic data

The median household income for Wangaratta is $1,218, 12% lower than Regional Victoria's household income of $1,386. Wangaratta has an older age profile compared to the rest of Regional Victoria (median age 44 vs 43). Property ownership data shows 44% of property owners in Wangaratta have a mortgage.

19,214
Population
$1,218 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
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