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Bathurst Motor Group, 10 Corporation Avenue, Bathurst, NSW, 2795
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Bathurst Motor Group, 10 Corporation Avenue, Bathurst, NSW, 2795

2. Property Highlights

Security of Nikkei 225 listed parent company - Optimus Group Co,.
  • Renewed 10 year lease + options to 2046
  • Triple net lease + ratchet clause
  • Security of global auto giant

Next Commercial is delighted to offer For Sale 10 Corporation Avenue, Bathurst.

Secured by AutoPact - one of Australia's largest private motor vehicle retailers - operating 28 independent sites across the eastern states of Australia which is controlled by Optimus Group Co., one of Japan's largest wholesalers of motor vehicles globally and Nikkei 225 listed.

Triple net lease with tenant responsible for 100% of all outgoings, repairs, maintenance, and building improvements.

Enormous 14,670 sqm* developed site located on the western perimeter of Bathurst CBD, neighbouring Service NSW and Bathurst Toyota.

Investment Highlights:

+ Renewed 10-year triple net lease commencing October 2021, plus 3 x 5-year options to 2046

+ Modern 3,120 sqm* motor vehicle showrooms & fully automated service centre

+ 14,670 sqm* developed site incorporating 139 m* frontage to Mitchell Highway

+ Lessee pays all statutory outgoings, repairs, maintenance, and building improvements

+ Annual rental increases greater of CPI or 3%. (Ratchet clause applies at option review)

+ Annual net income $1,043,951.16 (+GST)*

For Sale by Private Negotiation.

Remember to mention you found this property on CommercialReady

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Ryan Cross
Ryan Cross
+61 *** *** *** show +61 402 147 124
Message
+61 402 147 124 ryan.cross@nextcommercial.com.au Message
Anthony Bray
Anthony Bray
041 *** *** *** show 0419 322 233
Message
0419 322 233 anthony.bray@nextcommercial.com.au Message

3. Property Location

Bathurst Motor Group, 10 Corporation Avenue, Bathurst, NSW, 2795

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4. Due Diligence

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Bathurst Motor Group, 10 Corporation Avenue, Bathurst, NSW, 2795 Bathurst
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Next Commercial - Sydney
Next Commercial - Sydney
Mezz Level, 34-36 James Craig Road ROZELLE, NSW 2039
Ryan Cross
Ryan Cross
+61 *** *** *** show +61 402 147 124
Anthony Bray
Anthony Bray
041 *** *** *** show 0419 322 233
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