Brand New Freehold Leased to $21.6B* Global Automotive Giant Continental AG

Description

CBRE and Leedwell are pleased to offer to market the freehold mycar Tyre & Auto located at 1 Main North Road, Gawler (Adelaide) SA for sale via Investment Portfolio Auction 185.

The property has the following key investment highlights:

+ Brand new Ten (10) year lease to mycar Tyre & Auto to May 2036 plus options to 2046.
+ mycar: subsidiary of $21.6B* global automotive giant Continental AG with 275 stores across AUS. (1)
+ Guaranteed growth via fixed 3.5% annual rent increases.
+ Immaculate 2026 construction completion providing significant depreciation benefits.
+ Trophy 331sqm* freestanding tyre & auto service centre with mycar’s latest corporate fit-out.
+ High profile 955sqm* freehold ‘island site’ with 156 metre* triple street frontage and exposure.
+ Additional income via telecommunications tower with 20 year lease to Optus to June 2037 with fixed 3% annual rent increases.
+ Strategic town centre position only 150 metres* from Coles anchored Gawler Central SC.
+ 1.7km* west of 935ha* Concordia master-planned community with 12,000 new homes, and 20,000 to 30,000 new residents. (2)
+ 1.8km* north-west of Wel.Co Springwood Estate with 2,000 new homes upon completion. (3)
+ Gawler: fast growing metro growth suburb only 40km* north of Adelaide CBD.
+ No stamp duty payable.
+ Net Income: $181,776pa* + GST

To be sold via Investment Portfolio Auction
10:30am AEST Wednesday 24 June 2026
Garden Room, Crown Casino, Melbourne

*Approx
1. Continental AG
2. Concordia
3. Springwood Estate
RLA208125

Enquire

Contact agents
Beau Coulter Senior Director
+61 413 839 898
Justin Kramersh Director
+61 460 349 605
Enquiry Form
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Gawler, SA

1 Main North Road

For Sale by Portfolio Auction
Wednesday 24th June 10:30AM Crown Casino - Garden Room - Melbourne

This property is part of Portfolio 185

Price: Contact Agent

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