×
SOLD
ABS Service Centre, 221 Sherbourne Road, ELTHAM, VIC, 3095
Tenanted Investment
DETAILS
Entry Level Automotive Investment
  • Renewed 5 year lease to 2025
  • ABS Service Centre onsite 26+ years
  • Essential Service Investment

Renewed 5 year lease to 2025

ABS: a well-known and long-standing automotive service centre with location in every state across Australia and a subsidiary of Bapcor Limited, a $2.8 billion ASX listed company

Landlord favourable, net lease terms with tenant paying all usual outgoings.

Annual CPI reviews

Proven auto service centre position – ABS Service Centre onsite since 1995. Current lessee has been trading from this location since 2015

74% of households within the Local Government Area have access to two or more motor vehicles

High exposure and easy access to Sherbourne Road, a major arterial carrying 28,560 vehicles per day.**

Integrated with Bob Jane, 7-Eleven and Hungry Jack’s with drive thru providing excellent exposure and passing traffic.

Conveniently situated within Eltham’s central shopping district, anchored by a multitude of high-profile tenants including Bunnings, McDonald’s, KFC, Repco, Bursons Auto Parts and Petbarn.

Located 1km away from the Eltham Village Shopping Centre, anchored by Coles, Chemist Warehouse and Liquorland - Boasts a 3-level car park and over 20 specialty stores.

Surrounded by important social infrastructure, including 12 schools within 2 km servicing a combined 4,114 students.**

Eltham (Central) has the highest rate of population growth within the Local Government Area (33% increase by 2036).***

Estimated Net Rent: $53,638.48 pa.

To be sold by Burgess Rawson Investment Portfolio Auction

Tuesday 10th August 2021

Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

*Bapcor

**GapMaps

***Profile.id

Remember to mention you found this property on CommercialReady.com.au

PROPERTY SUMMARY
Auction:
Price on Request
AUCTION DATE:
10 Aug 2021 10:30AM
FLOOR AREA:
205 m² (*approx)
Type:
Industrial, Retail, Other,
Tenanted Investment:
Entry Level Automotive Investment
LOCATION
Property Map
FOR SALE PROPERTIES IN THE AREA
SOLD PROPERTIES IN THE AREA
AGENCY DETAILS
SUBURBS AROUND THIS AREA
Enquire Now