5 Retail Tenanted Investments
Next Commercial in conjunction with Blowes Real Estate is delighted to offer five individual retail investments forming a 'High Performance Automotive Property Investment Portfolio'. Each asset is available for independent outright sale.
This portfolio comprises five high-profile automotive retail assets dominating the investment market across regional NSW with a weighted average lease expiry of 7 years including options staggered to 2044.
The Automotive Retail Assets include:
1. Kelso - Clancy Motor Group, 202 Sydney Road
2. Bathurst - Bathurst Motor Group, 10 Corporation Avenue
3. Orange - Orange Motor Group, 8 & 10, 14 Gateway Crescent
4. Dubbo - Clancy Automotive, 94-100 Wheelers Lane
5. Dubbo - Western Plains Automotive, 45-57 & 59-71 Victoria Street
Each asset has a long-established trading history and are located within three major regional cities across the NSW Central Tablelands.
The principal tenant, AutoPact, is also one of Australia's largest private motor vehicle retailers, operating 26 independent sites across the eastern states of Australia.
All locations feature newly constructed showrooms and service centres, mega yards for vehicle display, locations along major arterial roads and highways and lease profiles to ensure investors guaranteed income.
Indexed annual rental growth increases are the greater of 3% or CPI and applies to all leases.
For further information and inspections, please contact the exclusive selling agents, Next Commercial or Blowes Real Estate.
5 Retail Tenanted Investments
Next Commercial in conjunction with Blowes Real Estate is delighted to offer five individual retail investments forming a 'High Performance Automotive Property Investment Portfolio'. Each asset is available for independent outright sale.
This portfolio comprises five high-profile automotive retail assets dominating the investment market across regional NSW with a weighted average lease expiry of 7 years including options staggered to 2044.
The Automotive Retail Assets include:
1. Kelso - Clancy Motor Group, 202 Sydney Road
2. Bathurst - Bathurst Motor Group, 10 Corporation Avenue
3. Orange - Orange Motor Group, 8 & 10, 14 Gateway Crescent
4. Dubbo - Clancy Automotive, 94-100 Wheelers Lane
5. Dubbo - Western Plains Automotive, 45-57 & 59-71 Victoria Street
Each asset has a long-established trading history and are located within three major regional cities across the NSW Central Tablelands.
The principal tenant, AutoPact, is also one of Australia's largest private motor vehicle retailers, operating 26 independent sites across the eastern states of Australia.
All locations feature newly constructed showrooms and service centres, mega yards for vehicle display, locations along major arterial roads and highways and lease profiles to ensure investors guaranteed income.
Indexed annual rental growth increases are the greater of 3% or CPI and applies to all leases.
For further information and inspections, please contact the exclusive selling agents, Next Commercial or Blowes Real Estate.
