3/428 Mt Dandenong Road, Kilsyth, VIC, 3137

Jones Real Estate is pleased to present Warehouse 3, 428 Mt Dandenong Road, Kilsyth, For Sale via Public On-Site Auction on Tuesday 10th December 2024 at 10:30am.

This remarkable investment opportunity will be sold with a secure lease in place to ASX listed 'AMA Group Ltd', the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $310 million*.

Key highlights of this investment opportunity include:

- Total gross building area of 402sqm*, comprising of a high quality full tilt precast concrete construction, high clearance warehousing with roller door access, 4 car parks and zoned Industrial 1 (IN1Z).

- A blue-chip tenanted investment opportunity, leased to leading & ASX listed ‘AMA Group Ltd’ returning $67,011.60 per annum plus GST & Outgoings including Land Tax.

- 'AMA Group Ltd' is the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $310 million*.

- Rare net lease structure with tenant paying 100% of building outgoings including land tax.

- Securely leased with optional terms to 2031 and CPI annual rental increases.

- Victoria’s eastern suburbs hold an impressively low industrial vacancy rate of only 1.5%, highlighting the high demand and limited availability of industrial properties in the region^^.

*Approx.

^^Urbis.com.au Q2 2024.

For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding. We understand ‘AMA Group Solutions Pty Ltd’ (the lessee), to be a 100% subsidiary of AMA Group Limited. Please consult with a licensed financial advisor for due diligence and do not rely on the advice of Jones Real Estate Pty Ltd.

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