Attributes
Year Built | 2010 |
Building Area Gross |
|
Land Area Gross |
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Asset Description
JLL is pleased to present to the market, 36-52 Duckworth Street - a modern, multi franchise automotive dealership with purpose-built showrooms, office and workshop facilities; and significant hard stand area for vehicle display.
The property is being offered for sale via Expressions of Interest closing Thursday, 19 March 2021 at 4pm (AEST).
Investment Highlights
- Modern multi franchise dealership and service facility leased to Eagers Automotive (ASX:APE)
- Net income $1,755,343* p.a. + GST with 5.3* year WALE
- Favourable triple net lease structure with 3% fixed annual reviews
- Modern showroom, offices and workshop facilities across 7,167sqm GLA
- Significant 34,730sqm prominent corner site in strategic location
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