SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

High Exposure Auto Retail Investment

9/256 Bolton Street, Eltham VIC

Property Highlights

AutObarn on-site 15+ Years
10 + 10 Year Lease To 2035
Tenant Pays Usual Outgoings
Register to Bid

Description

+ Secure 10 year lease to November 2025 plus 10 year option to 2035
+ Tenant pays all usual outgoings as per the lease
+ Proven auto retail position – Longstanding Autobarn franchisee operating on-site 2005
+ 74% of households within the Local Government Area have access to two or more motor vehicles
+ Annual rent reviews
+ AutObarn: Successful automotive parts business with 135+ store across Australia, a wholly owned subsidiary of ASX listed Bapcor Ltd
+ Immaculate 1,157sqm retail showroom including workshop and service bays
+ Strategic retail position amongst McDonalds, Bunnings, KFC, Hungry Jacks & Pet Barn
+ Extensive main road frontage with exposure to over 19,400 cars passing daily
+ Net Income: $247,569 pa + GST

For Sale by Auction
11am AEDT Wednesday 24 February 2021
Crown Casino, Melbourne VIC

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Automotive
Land Size
1,157 SQM
Building Area
1,157 SQM

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