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SOLD
AutObarn, 9/256 Bolton Street, ELTHAM, VIC, 3095
Tenanted Investment
DETAILS
High Exposure Auto Retail Investment
  • AutObarn on-site 15+ Years
  • 10 + 10 Year Lease To 2035
  • Tenant Pays Usual Outgoings

+ 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

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

PROPERTY SUMMARY
For Sale:
Price on Request
AUCTION DATE:
24 Feb 2021 11:00AM
FLOOR AREA:
1157 m² (*approx)
Land Size:
1157 m² (*approx)
Type:
Offices, Retail, Other, Strip Retail, Office Suites, Strip Retail, Office Suites
Tenanted Investment:
High Exposure Auto Retail Investment
LOCATION
Property Map
FOR SALE PROPERTIES IN THE AREA
SOLD PROPERTIES IN THE AREA
AGENCY DETAILS
SUBURBS AROUND THIS AREA
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