Australia’s No 1 Toyota Dealer – Secure Lease
74 Northern Highway , Echuca VIC
Property Highlights
Description
+ Secure Five (5) year lease to December 2024 plus options to 2034.
+ Servco: 103-year success story, Top 20 US based automotive dealer and Australia’s largest Toyota dealer.
+ Investor preferred net lease terms with tenant paying all usual outgoings.
+ Fixed 2% annual rent increases.
+ Combined 1,250sqm* buildings including showroom and service area.
+ Important 3,188sqm* highway site with important 42 metre* frontage.
+ Proven location with over 15,000 vehicles passing daily.**
+ Booming industry, with Subaru sales up 17.5% in the last 12 months.***
+ Echuca: Murray River tourist mecca with trade catchment circa 50,000 plus year-round holiday influx.
+ Net Income: $167,123pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino – River Room
*Approx
**GapMaps
***FCAI
Property Details