Affordable Auto Retail Investment
62 Tone Road , Wangaratta VIC
Property Highlights
Leased to ASX-Listed Subsidiary
Brand New 466sqm Retail Showroom
5 Year Net Lease To 2024
Description
New 5 year net lease to 2024 plus options to 2033.
Burson Auto Parts: automotive specialist with 180 stores nationally and wholly owned subsidiary of ASX-Listed Bapcor with a Market Cap of $2billion.
Tenant pays all usual outgoings.
Significant depreciation benefits.
Annual rent reviews.
Highway corner position metres from Bunnings and surrounded by complementary businesses.
Net Income: $54,375 + GST
Auction 12 noon AEDT Wednesday 30 October
River Room, Crown Casino, Melbourne, VIC
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Automotive
Land Size
766 SQM
Building Area
466 SQM