SOLD
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SOLD
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SOLD

High Exposure Award Winning Car Dealership – New 5 Year Net Lease + Options, 3% Increases

7 Caroline Way , Narrabri NSW

Property Highlights

Superb highway exposure
Massive 10,360 sqm site
Near proposed new Bunnings

Description

New 5 year lease to 2026 + option to 2031
High profile tenancy boasting powerful brands including Ford, Holden and Mitsubishi
Prime 10,360 sqm landholding near proposed new Bunnings
1,259 sqm improvements including showroom & service centre
Narrabri, set to benefit from recently approved Santos gas project
100 metre+ Newell Hwy exposure
Net lease, tenant pays outgoings, as per the lease
Fixed 3% annual rental increases assuring growth
Modern construction, significant depreciation benefits

Net Income: $144,000 pa + GST

For Sale by Investment Portfolio Auction
Tuesday 11 May at 11am
Yallamundi Rooms, Sydney Opera House

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
10,360 SQM
Building Area
1,259 SQM

Price

Contact Agent

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