Brand New Freehold | 10 Year Net Lease to Listed Global Auto Retail Giant Hankook Tire & Technology Co Ltd

Description

CBRE and RWC Adelaide are pleased to offer to market the freehold JAX Tyres & Auto located at Lot 2011/2, Munno Para (Adelaide) SA for sale via Investment Portfolio Auction 183.

The property has the following key investment highlights:

+ Brand new 10 year net lease to September 2035 plus options to 2045.
+ JAX Tyres & Auto: subsidiary of listed global automotive giant Hankook with 96 locations across Australia. (1)
+ Tenant pays all usual outgoings including insurances, land tax and management fees.
+ Guaranteed growth via fixed 3.5% annual rent increases.
+ Immaculate 2025 construction, significant depreciation, 38% of year 1 rent potentially tax free. (2)
+ Brand new 378sqm* freestanding tyre & auto service centre incorporating showroom & warehouse.
+ Prime 1,403sqm* ‘Torrens Title’ (freehold) site with 21 on-title sealed and line car spaces.
+ Within new LFR centre including RSEA, BCF, Sydney Tools, Petbarn, Nando’s, Zarraffa’s, Zambrero and more.
+ Metre’s from Playford Alive, one of Australia’s largest urban renewal projects projected to house 40,000 people upon completion. (3)
+ Munno Para: booming metro Adelaide growth suburb with population forecast to surge 146% by 2046. (4)
+ City of Playford: the fastest growing LGA in South Australia, with population forecast to grow 65% by 2041. (5)
+ No stamp duty payable.
+ Net Income: $114,000pa* + GST

To be sold via Investment Portfolio Auction
10:30am AEDT Wednesday 1 April 2026
Crown Casino, Melbourne
RLA208125

*Approx
1. JAX Tyres & Auto
2. J Mathew Advisory
3. Playford Alive
4. Profile.id
5. Plan SA

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Contact agents
Beau Coulter Senior Director
+61 413 839 898
Justin Kramersh Director
0460 349 605
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Munno Para, SA

Lot 2011/ 2 Curtis Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 183

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