7% Yield Anticipated | Car Dealership Adjoining Woolworthw-Anchored Shopping Centre

Description

CBRE is pleased to offer to the market Warrnambool Automotive Group at 168 Raglan Parade, Warrnambool VOC, for sale via Private Treaty by Deadline closing 3:00 pm (AEST), Wednesday 23 September 2026 (Unless Sold Prior).

This opportunity has the following key investment highlights:

+ Five (5) year net lease to September 2030, plus a further five (5) year option to September 2035
+ Warrnambool Automotive Group: One of the largest car dealerships in South West Victoria with 2 locations, holding exclusive regional rights for top global car brands: Mazda and Kia (consistently among Australia’s top 5 selling vehicle brands), Nissan, Chery, and KGM.
+ Fixed annual 2.5% rent reviews, ensuring continued income growth
+ Tenant pays all usual outgoings
+ High profile 3,870sqm* Commercial Zone 2 corner site with 40m* frontage to the Princes Highway.
+ Accompanied by an additional GRZ1 zoned 3,687sqm* landholding, located off Wanstead Street with versatile uses (STCA). Total combined site area 7,557sqm*^
+ Prominent 1,450sqm* building including large showroom, mezzanine level including offices and boardroom plus servicing/workshop area and spare parts
+ Important Princes Highway frontage with exposure to over 20,000* vehicles passing daily^
+ Strategic location next to Woolworths-anchored East Warrnambool Shopping Centre and the prominent Gateway Shopping Centre with national tenants including ALDI, Coles, Dan Murphy’s, Kmart, KFC and Hungry Jack’s
+ Booming Car Sales Industry: 140,058 new cars sold across Australia in June 2026, up 9.9% Year-on-Year^^
+ Warrnambool’s large format retail hub is located within 1km* including Bunnings Warehouse, Harvey Norman, JB Hi-Fi, Officeworks, Rebel Sport, Super Cheap Auto and The Good Guys^
+ Warrnambool: a thriving regional powerhouse and Victoria’s 8th largest regional city commanding a 150,000+ trade catchment extending through to Port Fairy ^^^
+ Warrnambool is a gold medal-winning tourism hub, recognised at the 2025 Victorian Top Tourism Town Awards, attracting 700,000 visitors annually^^^
+ Warrnambool City: home to 36,255 people, Warrnambool LGA supports 18,518 jobs and has an annual economic output of $6.324 billion^^^
+ Potential 50% stamp duty savings
+ Net Income: $343,049pa* + GST (as of 1 October 2026)

For Sale by Private Treaty
Deadline closing 3:00 pm (AEST) Wednesday 23 September 2026
(Unless Sold Prior)

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmaps
^^ Carsales
^^^ Forecast.id

Enquire

Contact agents
Zomart He 何梓轩
0488 220 830
Rick Jacobson Senior Negotiator
+61 413 830 083
Paul Tran Junior Sales Associate
+61 413 860 317
Enquiry Form
Privacy(Required)

Warrnambool, VIC

168 Raglan Parade

For Sale

This property is part of Portfolio 187

Price: Contact Agent

View Portfolio
Contact agents
Enquire