Auto Retail Investment – Leased to ASX Listed Subsidiary

53 Don Road, Devonport TAS

Property Highlights

Bapcor Ltd: Market Cap $2Billion
Prime 961sqm Freehold Site
Suits $600K + buyers

Description

+ 4 year lease to July 2022 plus option to 2026.
+ Tenant pays usual outgoings.
+ Well presented 514 sqm building on 961 sqm freehold title.
+ Burson Auto Parts: 180 stores and wholly owned subsidiary of ASX-Listed Bapcor with a Market Cap of $2B.
+ Annual rent reviews.
+ High exposure destination location amongst complementary auto tenants and car dealerships.
+ Net Income: $42,920 pa + GST

Auction 11am AEDT Wednesday 11 December
Crown Casino, Melbourne, VIC

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
961 SQM
Building Area
514 SQM

Contact Agents

Shaun Venables

0411 860 865

Contact Me

Scott Meighan

0413 830 709

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