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Burgess Rawson - Melbourne
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Nissan/Holden/Honda, 60-70 Marine Terrace Burnie, TAS 7320

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For Sale - Auction

Nissan/Holden/Honda, 60-70 Marine Terrace Burnie, TAS 7320

Shop & Retail • Showrooms & Bulky Goods • Development Sites & Land
Sale Price

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Land area

1.39ha (3.44 acres)

Floor area

3799.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$455,767
Number of Tenants
1 Tenant
Tenants / Type
Nissan/Holden/Honda

The Jewel of Burnie, Long Lease to ASX-Listed Tenant

  • Highly exposed 13,925sqm site
  • Adjacent to Bunnings and other majors
  • Super wide street frontage of 350m
Tenant: Motors Tas Pty Ltd, wholly owned subsidiary of A.P. Eagers Limited
ASX-listed tenant with over 145 dealerships and 2018 sales of $4.1 billion
Lease Term: Ten (10) years
Lease Expiry: 31 March 2026
Options: 3 x Five (5) year terms extending to 31 March 2041
Outgoings: Payable by tenant as per the lease

Highly exposed position directly adjacent to Bunnings & close to Harvey Norman, Spotlight, Repco, Petbarn, Supercheap Auto and directly opposite Medical Centre
Super wide 350 metre highway street frontage
Triple street access, allowing flexible design layout
Successful trader, servicing NW Tasmanian region, catchment 50,000+ (30km radius) and Tasmania's 4th largest town
Burnie: major commercial hub, Tasmania’s busiest port, focal education centre, extensive mining/forestry and agriculture, essential health services and growing cruise ship / tourist destination

Net income $455,767 pa + GST

Property ID: 503125858Last Updated: 17 May 2019

Burgess Rawson - Melbourne
Nissan/Holden/Honda, 60-70 Marine Terrace
Burnie, TAS 7320
Billy Holderhead

Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000

Agency contacts

Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
Knight Frank - Launceston

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Knight Frank - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Burgess Rawson - Sydney

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Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Billy Holderhead

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Billy Holderhead
Burgess Rawson - Melbourne
Nissan/Holden/Honda, 60-70 Marine Terrace Burnie, TAS 7320

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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