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Super-Prime Dealership Portfolio

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2 PROPERTIES

Overview

JLL Retail Investments, acting under instruction from Advise Transact, is delighted to present for sale 839 Doncaster Road, Doncaster & 855-859 Nepean Highway, Brighton.  An unprecedented opportunity to become the landlord of an established car dealership and gain exposure to an exceptional tenant covenant in Penske Automotive Group.

+ Located in super prime Melbourne locations providing exceptionally valuable underlying landholdings.

+ Long-term 12-Year Leases to Fortune 500 Company (NYSE:PAG) with fixed annual increases

+ NET Lease structure with the tenant responsible for all usual outgoings, including Land Tax (increase over base year)

JLL Retail Investments, acting under instruction from Advise Transact, is delighted to present for sale 839 Doncaster Road, Doncaster & 855-859 Nepean Highway, Brighton.  An unprecedented opportunity to become the landlord of an established car dealership and gain exposure to an exceptional tenant covenant in Penske Automotive Group.

+ Located in super prime Melbourne locations providing exceptionally valuable underlying landholdings.

+ Long-term 12-Year Leases to Fortune 500 Company (NYSE:PAG) with fixed annual increases

+ NET Lease structure with the tenant responsible for all usual outgoings, including Land Tax (increase over base year)

Property types on offer:

  • Retail
    Retail

Properties

1 / 2

Tenanted Investment
Details

Long-term 12-year lease to Fortune 500 covenant – Penske Automotive Group (NYSE:PAG)

2 / 2

Tenanted Investment
Details

Long-term 12-year lease to Fortune 500 covenant – Penske Automotive Group