326 Great Eastern Highway,
Midland, WA 6056
Warehouse, Factory & Industrial
Key property information
Land area
Floor area
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Map of 326 Great Eastern Highway
The Automotive Collection - Perth Car Dealership Portfolio
- Total Rent of $2,463,835* pa
- Six year WALE** plus options to 2047
- 4 prominent locations comprising 3,0445h
Savills and Burgess Rawson, as joint selling agents, are pleased to offer for sale The Automotive Collection - A Perth Metropolitan portfolio comprising four prominent car dealership properties, with a six year WALE, underpinned by Automotive Holdings Group Limited, a subsidiary of Eagers Automotive Limited.
This car dealership portfolio is fully leased until July 2027, with options until July 2047. Consisting of prominent sites, this land rich portfolio comprises a total land area of 3.0445ha, annual rent of approximately $2,463,835 with an attractive net lease structure and 4% fixed annual rent reviews, except for ratchet market rent reviews capped at 15% every 5 years. Three of the the four properties are located in Rockingham with the forth being in Midland Town Centre.
• 326 Great Eastern Highway, Midland WA
• 1 Carlston Road, Rockingham WA
• 8-10 Smeaton Way, Rockingham WA
• 12 Smeaton Way, Rockingham WA
The properties are being marketed for sale by Expressions of Interest individually, or in one line, closing 2.00pm (AWST) on Thursday 2 September 2021.
For further information on this outstanding investment offering, please contact the joint selling agents.
This car dealership portfolio is fully leased until July 2027, with options until July 2047. Consisting of prominent sites, this land rich portfolio comprises a total land area of 3.0445ha, annual rent of approximately $2,463,835 with an attractive net lease structure and 4% fixed annual rent reviews, except for ratchet market rent reviews capped at 15% every 5 years. Three of the the four properties are located in Rockingham with the forth being in Midland Town Centre.
• 326 Great Eastern Highway, Midland WA
• 1 Carlston Road, Rockingham WA
• 8-10 Smeaton Way, Rockingham WA
• 12 Smeaton Way, Rockingham WA
The properties are being marketed for sale by Expressions of Interest individually, or in one line, closing 2.00pm (AWST) on Thursday 2 September 2021.
For further information on this outstanding investment offering, please contact the joint selling agents.
Midland, 6056 demographic data
The median household income for Midland is $1,138, 39% lower than Greater Perth's household income of $1,865. Midland has an older age profile compared to the rest of Greater Perth (median age 39 vs 37). Property ownership data shows 51% of property owners in Midland have a mortgage.
6,335
Population
$1,138 per week
Median household income
39 years
Median age
Renters
Most residents
Singles
Most households
Savills - Perth
Level 7, Westralia Square 2, 143 St Georges TerracePERTH, WA 6000
326 Great Eastern Highway
Midland, WA 6056
Savills - PerthLevel 7, Westralia Square 2, 143 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
Burgess Rawson (WA) Pty Ltd - PerthLevel 7, 221 St George Terrace
PERTH, WA 6000
PERTH, WA 6000
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