Sunbury Ford, 101-107 Horne Street,
Sunbury, VIC 3429
Key property information
Map of Sunbury Ford, 101-107 Horne Street
Brand New 15 Yr Triple Net Lease to Long-Established & Award-Winning Dealership
- Rare triple net lease terms
- Recent $2.8m tenant upgrade
- Booming Car Sales Industry
+ Sunbury Ford: long established and award-winning dealership.
+ Rare, landlord-favourable, triple net lease terms with tenant responsible for rates, building insurance, public liability insurance and single holding land tax.
+ Tenant also responsible for all structural maintenance, repairs and replacement.
+ Fixed annual 2.5% rent increases assuring growth.
+ Immaculate 1,624sqm dealership with recent $2.8million tenant funded upgrade, offering significant tax saving depreciation benefits.
+ Gateway 4,687sqm site with important 83 metre frontage and 20,000+ vehicles passing daily.
+ Booming Car Sales Industry: new car sales up 28% and used car pricing up 40%.
+ Sunbury’s average number of vehicles per household is 2.01, well above the national average of 1.80.*
+ Strategically located within the main retail and commercial precinct of Sunbury, home to various high-profile national tenants – Bunnings, The Good Guys, Reece Plumbing, Big W, Woolworths, IGA, Dan Murphy's, Harris Scarfe, Petbarn, Autobarn, Bob Jane T-Marts, Ultra Tune, Supercheap Auto all within 1km.
+ Sunbury: booming growth corridor location, 34km north of Melbourne CBD with population forecast to grow 104% to 86,640 by 2041.**
+ Net Income: $500,000pa + GST
For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021
Jamie Perlinger 0413 860 3...
Billy Holderhead 0422 817 6...
Beau Coulter 0413 839 8...
Zomart He 何梓轩 0488 220 8...
Rick Jacobson 0413 830 083
Property ID: 503897202Last Updated: 20 Oct 2021
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