88-96 Adelaide Street, Maryborough QLD 4650

Colliers Toowoomba is pleased to present 88-96 Adelaide Street, Maryborough to the sale market via Expression of Interest.

Located in the Fraser Coast Region of South East Queensland and underpinned by ASX listed automotive powerhouse, AP Eagers 'Port City Autos' Adelaide Street offers a long-term investment opportunity with a secure net income of $379,871 per annum.

Features Include:
- Net income of $379,871 per annum with CPI > 3% increases
- Secure tenant covenant to 'Port City Autos Pty Ltd on a 10-year lease with a further 3 x 5-year options
- Land area of 5,942m2* zoned Principal Centre across 5 titles
- Net lettable area 2,745m2* across 2 separate buildings
- Building one fronts comprises of a 1,300m2* semi modern showroom with administration hub and staff amenities plus a covered display area with a small workshop used for car detailing
- Building two offers a 1,550m2* modern high clearance workshop, with associated customer reception area, and parts/service area
- Additional improvements include a large 1,450m2* hardstand area is used for the display/storage of motor vehicles
- Multitude of future development options (STCA)
- Port City Autos Pty Ltd is listed as one of subsidiaries of AP Eagers Ltd; one of Australia's largest car dealers, which has a market capitalisation of over $1.5bn and $3.6bn in annual revenue

This site offers an astute investor an opportunity to purchase a sizeable regional investment and capture the expected continued growth of the local market for years to come.

For more information or to arrange an inspection, please contact Dan Dwan of Colliers Toowoomba.
* approx.

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