Secure 5 Year Lease to Servco, Australia’s No 1 Toyota Dealer
101 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.
+Toyota: Australia’s top selling car brand since 1996, more than doubling new car sales of its nearest competitor in 2021.
+Investor preferred net lease terms with tenant paying all usual outgoings.
+Annual CPI rent reviews.
+Combined 1,600sqm* building including showroom and service area.
+Huge 10,087sqm* site with important 70 metre* highway frontage.
+Proven location with over 15,000 vehicles passing daily.**
+Booming industry, with new car sales up 13% in the last 12 months.***
+Echuca: Murray River tourist mecca with trade catchment circa 50,000 plus year-round holiday influx.
+Net Income: $277,557pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino – River Room
*Approx
**GapMaps
***FCAI
Property Details