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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
Warehouse/Showroom
Land Size
766 SQM
Building Area
466 SQM

Contact Agents

Scott Meighan

0413 830 709

Contact Me

Adam Thomas

0418 998 971

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