Secure 5 Year Net Lease to Goodyear Tyre and Rubber Company (Aust) Limited

Description

Burgess Rawson is pleased to offer to the market, Goodyear Autocare, Hamilton VIC for sale via our Auction Investment Portfolio 156.

The property has the following investment highlights:

+ Secure 5-year net lease to September 2026 plus one (1) further five (5) year option to 2031.
+ Goodyear Autocare: Wholly owned subsidiary of Goodyear Tyre and Rubber Company (NYSE:GT), operating over 140 sites nationally.**
+ Goodyear Tyre and Rubber Company (NYSE:GT): One of the world’s leading tyre companies with annual sales in excess of $15 billion.**
+ Landlord-favourable, net lease terms with tenant responsible for all usual outgoings including building insurance – covered by the tenants global cover.
+ Prominent 1,395 sqm* gateway corner site with a combined 80 metres* of street frontage and exposure to 56,400 plus vehicles per week.***
+ Position perfect, with Coles, Woolworths, ALDI, IGA, Kmart, Cheap as Chips, Harvey Norman, McDonald’s, KFC, Reece Plumbing, Mitre 10, Repco and various major car dealerships all within 700 metres*.
+ Surrounded by important social infrastructure, including Hamilton Base Hospital, Hamilton Station and 3 schools within 3km servicing over 2,168 full time students.***
+ Hamilton: The main retail and service centre within the South Grampians Shire, servicing a trade catchment of over 16,500 people. ****
+ Potential 50% stamp duty savings.
+ Minimum management, essential service investment.
+ Net Income: $63,196 pa* plus GST

To be sold by Investment Portfolio Auction:
10:30am AEDT Wednesday 26th October 2022
Crown Casino, Melbourne

Please contact our agents below for further information:

Burgess Rawson Melbourne
Jamie Perlinger 0413 860 315
Rick Jacobson 0413 830 083

LMB Livestock & Land
Graeme Linke 0417 321 392

*Approximately
** Goodyear
***GapMaps
****VIC GOV

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Contact agents
Jamie Perlinger Head of Agency | Partner
0413 860 315
Rick Jacobson Sales Executive
0413 830 083
Enquiry Form

Hamilton, VIC

51 Cox Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 156

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