Next Commercial is delighted to offer For Sale 115-121 Princes Highway & 3 McGrath Street, Fairy Meadow NSW via Expressions of Interest.
Secured by Optimus Group Co., Ltd. - a global automotive powerhouse headquartered in Tokyo, Japan, and listed on the Tokyo Stock Exchange (TYO:9268), now operating 30 independent sites across Australia’s eastern states.
Enormous 20,150 sqm* developed site located on the northern roundabout corner of the Princes Highway and Mount Ousley Road, Fairy Meadow.
Key Investment Highlights:
+ 5 year net lease commenced 2021, plus 2 x 5-year options till 2036
+ Gateway Automotive - established in 1999, has evolved into a leading dealership group, offering a full-service automotive experience, including sales, finance, insurance, and vehicle maintenance.
+ Modern 10,300 sqm* motor vehicle showrooms & fully automated service centre
+ Irreplaceable 20,150 sqm* corner landholding providing 3 street frontages with a combined frontage of 240 metres*
+ Wollongong: A thriving economic, residential, education and infrastructure hub just 80 minutes from Sydney.
+ Premium E3 Productivity Support zoning allows for a variety of uses, including large format retail, office, childcare, medical, and aged care facilities (STCA).
+ Landlord-favourable net lease with tenant responsible for outgoings, repairs, maintenance, and building improvements.
+ Annual rental increases greater of CPI or 3%
+ Annual net income $2,056,199 (+GST)* (as at March 2025)
115-121 Princes Highway & 3 McGrath Street, Fairy Meadow is offered For Sale via Expressions of Interest closing Wednesday, 16th April 2025 at 3:00pm
For access to Data Room, please contact Next Commercials exclusive selling agents:
Ryan Cross
Mobile: 0402 147 124
Anthony Bray
Mobile 0419 322 233
(*Approx)
Remember to mention you found this property on CommercialReady
Next Commercial is delighted to offer For Sale 115-121 Princes Highway & 3 McGrath Street, Fairy Meadow NSW via Expressions of Interest.
Secured by Optimus Group Co., Ltd. - a global automotive powerhouse headquartered in Tokyo, Japan, and listed on the Tokyo Stock Exchange (TYO:9268), now operating 30 independent sites across Australia’s eastern states.
Enormous 20,150 sqm* developed site located on the northern roundabout corner of the Princes Highway and Mount Ousley Road, Fairy Meadow.
Key Investment Highlights:
+ 5 year net lease commenced 2021, plus 2 x 5-year options till 2036
+ Gateway Automotive - established in 1999, has evolved into a leading dealership group, offering a full-service automotive experience, including sales, finance, insurance, and vehicle maintenance.
+ Modern 10,300 sqm* motor vehicle showrooms & fully automated service centre
+ Irreplaceable 20,150 sqm* corner landholding providing 3 street frontages with a combined frontage of 240 metres*
+ Wollongong: A thriving economic, residential, education and infrastructure hub just 80 minutes from Sydney.
+ Premium E3 Productivity Support zoning allows for a variety of uses, including large format retail, office, childcare, medical, and aged care facilities (STCA).
+ Landlord-favourable net lease with tenant responsible for outgoings, repairs, maintenance, and building improvements.
+ Annual rental increases greater of CPI or 3%
+ Annual net income $2,056,199 (+GST)* (as at March 2025)
115-121 Princes Highway & 3 McGrath Street, Fairy Meadow is offered For Sale via Expressions of Interest closing Wednesday, 16th April 2025 at 3:00pm
For access to Data Room, please contact Next Commercials exclusive selling agents:
Ryan Cross
Mobile: 0402 147 124
Anthony Bray
Mobile 0419 322 233
(*Approx)
Remember to mention you found this property on CommercialReady
Gateway Automotive Wollongong, 115-121 Princes Highway, Fairy Meadow, NSW, 2519