TJM 4x4, 126 Dandenong Road West,
Frankston, VIC 3199
Showrooms & Large Format Retail • Shops & Retail • Warehouse, Factory & Industrial
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
TJM 4x4, 126 Dandenong Road West
Frankston, VIC 3199
Map of TJM 4x4, 126 Dandenong Road West
Trophy Large Format Retail Investment | National Automotive Retailer with Circa 100 Locations
- Tenant Pays Outgoings Inc. Land Tax
- Significant 1,900sqm* landholding
- Premium Auto Showroom Precinct
Burgess Rawson are pleased to offer the fully leased TJM 4x4 freehold investment located at 126 Dandenong Road West, Frankston VIC for sale via Expressions of Interest closing 3pm Thursday 4 July 2024.
Investment highlights include:
+ New ten (10) year lease through to 2033 plus one (1) further five (5) year option through to 2038.
+ TJM 4x4: Circa 100 locations across Australia (1), wholly owned subsidiary of Eastern Polymer Group (BBK:EPG), TH-listed giant with a market cap of $773m*. (2)
+ Minimal management investment, investor friendly net lease, with tenant paying all usual outgoings including single holding land tax.
+ Strong and certain income growth with fixed annual, compounding 3% increases.
+ Recent showroom fit-out and upgrade carried out by the tenant to TJM's latest corporate layout and design.
+ Irreplaceable 1,900sqm* corner landholding providing 35 metres* of frontage and exposure to Dandenong Road West.
+ Strategic location within the premium automotive and large format retail showroom precinct which includes Ford, Toyota, Kia, Hyundai, Nissan, Subaru, Mitsubishi plus many more.
+ Within 400m* Frankston Freeway and Frankston-Dandenong Road on and off ramps, seeing a combined 84,000 vehicles passing daily. (3)
+ Frankston: Major commercial, retail, education and transport hub servicing the Mornington Peninsula, with a growing population forecast to increase 40% by 2041. (4)
+ Frankston is the gateway to the Mornington Peninsula: Tourism up 55% year-on-year with total domestic tourists reaching 8.23 million people. (5)
+ Net Income: $297,800 pa* + GST.
For Sale by Expressions of Interest
Closing 3pm (AEST) Thursday 4 July 2024
For further information please contact the agents directly
Available for individual sale or in one line:
4-8 Donald Avenue – Return-It
+ New Three (3) year lease to 2026 plus option to 2028.
+ Tenant pays all outgoings including Land Tax.
+ Net Income: $97,850 pa* + GST.
*Approximately
(1) LinkedIn
(2) EPG
(3) GapMaps
(4) Forecast.id
(5) Mornington Peninsula Shire
Investment highlights include:
+ New ten (10) year lease through to 2033 plus one (1) further five (5) year option through to 2038.
+ TJM 4x4: Circa 100 locations across Australia (1), wholly owned subsidiary of Eastern Polymer Group (BBK:EPG), TH-listed giant with a market cap of $773m*. (2)
+ Minimal management investment, investor friendly net lease, with tenant paying all usual outgoings including single holding land tax.
+ Strong and certain income growth with fixed annual, compounding 3% increases.
+ Recent showroom fit-out and upgrade carried out by the tenant to TJM's latest corporate layout and design.
+ Irreplaceable 1,900sqm* corner landholding providing 35 metres* of frontage and exposure to Dandenong Road West.
+ Strategic location within the premium automotive and large format retail showroom precinct which includes Ford, Toyota, Kia, Hyundai, Nissan, Subaru, Mitsubishi plus many more.
+ Within 400m* Frankston Freeway and Frankston-Dandenong Road on and off ramps, seeing a combined 84,000 vehicles passing daily. (3)
+ Frankston: Major commercial, retail, education and transport hub servicing the Mornington Peninsula, with a growing population forecast to increase 40% by 2041. (4)
+ Frankston is the gateway to the Mornington Peninsula: Tourism up 55% year-on-year with total domestic tourists reaching 8.23 million people. (5)
+ Net Income: $297,800 pa* + GST.
For Sale by Expressions of Interest
Closing 3pm (AEST) Thursday 4 July 2024
For further information please contact the agents directly
Available for individual sale or in one line:
4-8 Donald Avenue – Return-It
+ New Three (3) year lease to 2026 plus option to 2028.
+ Tenant pays all outgoings including Land Tax.
+ Net Income: $97,850 pa* + GST.
*Approximately
(1) LinkedIn
(2) EPG
(3) GapMaps
(4) Forecast.id
(5) Mornington Peninsula Shire
Frankston, 3199 demographic data
37,331
Population
$1,387 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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