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CBRE - Victoria
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1107 Western Highway Caroline Springs, VIC 3023

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For Sale

1107 Western Highway Caroline Springs, VIC 3023

Shop & Retail
Sale Price

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Land area

2091.0m²

Floor area

2091.0m²

Property extent

Whole

Tenure type

Tenanted Investment

INVEST IN THE BOOMING WEST

  • Marjor car showroom and service centre
  • Net lease to established dealer
  • Net annual income of $503,000*

Major 'Jeep Chrysler Fiat Dodge' car showroom and service centre located at the gateway to one of Australia's fastest growing municipalities

Strategically positioned corner retail showroom of 2,091sqm* GLA within thriving large format retail centre anchored by national tenants Bunnings Warehouse, Officeworks, Autobarn and Petbarn

Net Lease with 100% of building outgoings paid by the tenant excluding land tax

Set to benefit from the growth (currently at 5% per annum*) and major employment precinct and housing developments from Australia's leading developers Dexus, Burbank, Metricon, Mirvac, Stockland, Lend Lease and Carlisle Homes

5 year Net Lease to well established car dealer benefitting from critical mass of trade and surrounding complementary car dealerships

Highly attractive fixed annual rental increases of 3.5% pa* and a net annual income of $503,000*

Joseph Du Rieu

+61 408 892 976

Kevin Tong

+61 422 848 818

Dylan Kilner

+61 459 396 341

Property ID: 502948594Last Updated: 12 Oct 2018

Dylan Kilner
Kevin Tong
Joseph Du Rieu

CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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CBRE - Victoria

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CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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Dylan Kilner

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Dylan Kilner
CBRE - Victoria
1107 Western Highway Caroline Springs, VIC 3023

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

Kind Regards,

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