Immaculate Freestanding Tyre & Auto Investment in Award Winning Growth Area | Leased to ASX & JPX Listed Giants

Description

Burgess Rawson is pleased to offer to the market Bridgestone and Supercheap Auto located at 16 Tollbar Avenue, Huntlee NSW for sale via Investment Auction Portfolio 170.

The property has the following investment highlights:

+ Brand new 10 year lease to Bridgestone to 2034 plus options to 2049
+ Bridgestone: Australia’s largest tyre retailer with 330+ stores nationally^, market cap of ¥4.45 trillion^ & wholly owned subsidiary of Japanese listed Bridgestone Corporation (TYO: 5108)
+ Brand New 8 year net lease to Supercheap Auto to 2032 plus options to 2042
+ Supercheap Auto: ASX listed Super Retail Group’s inaugural brand with a market cap of $3.8 billion with 300+ Supercheap Auto sites across Australia and New Zealand^^^
+ Strong rent review structures with a mix of CPI and fixed 3% annual rent increases
+ Brand new state-of-the-art purpose built facility, offering maximum depreciation benefits
+ Significant high profile 2,500sqm* landholding with ample on-site parking for 25 vehicles.
+ Strategically positioned within major growth precinct in close proximity to Coles anchored Huntlee Shopping Centre, McDonald’s, KFC, BWS, Huntlee ELC and proposed ALDI supermarket.
+ Situated 45km to Newcastle and 2 hours from Sydney, Huntlee is a key growth region with population expected to grow by over 127% through completion
+ Huntlee: New, award-winning, master-plan community with 7,000+ residential lots and town centre, $1.5 billion of investment over the next 20 years, a gateway to the Hunter Valley from Hunter Expressway
+ Net Income: $346,516 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 6 August 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

^ $41.6 Billion AUD as at 15/07/2024

Enquire

Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188
Geoff Sinclair Director
0451 462 759
Kieran Bourke Partner
0417 418 007
Enquiry Form

North Rothbury, NSW

16 Tollbar Avenue

For Sale by Portfolio Auction
Tuesday 6th August 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 170

Price: Contact Agent

View Portfolio
Contact agents
Enquire