+Secure Five (5) year lease to December 2024 plus options to 2034.
+Servco: 103-year success story, Top 20 US based automotive dealer and Australia’s largest Toyota dealer.
+Investor preferred net lease terms with tenant paying all usual outgoings.
+Fixed 2% annual rent increases.
+Combined 1,250sqm* buildings including showroom and service area.
+Important 3,188sqm* highway site with important 42 metre* frontage.
+Proven location with over 15,000 vehicles passing daily.**
+Booming industry, with Subaru sales up 17.5% in the last 12 months.***
+Echuca: Murray River tourist mecca with trade catchment circa 50,000 plus year-round holiday influx.
+Net Income: $167,123pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino - River Room
*Approx
**GapMaps
***FCAI
Remember to mention you found this property on CommercialReady.com.au
74 Northern Highway, ECHUCA, VIC, 3564