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JAX Tyres & Auto, 98-100 Koroit Street, WARRNAMBOOL, VIC, 3280

2. Property Highlights

Immaculate JAX Tyres & Auto - New 7 Year Lease to 2026
  • JAX Head Company Lease
  • New 7 Year Lease to 2026
  • Extensively Refurbished in 2019

+ 7 year lease to January 2026 plus options to 2036

+ JAX Tyres & Auto: wholly owned entity of Hankook Tire (KRX Listed) with a market cap of over $7 Billion

+ Annual rent reviews and market review at option

+ Extensive capital intensive refurbishment in 2019 with branding upgraded in 2021

+ 483sqm freehold title with 23 metre frontage and exposure

+ Commercial 1 zoning suits premium retail

+ Strategic position central to Warrnambool’s CBD and automotive precinct

+ Warrnambool: Victoria’s largest coastal city (outside Port Phillip Bay) with a growing trade catchment area of 100,000

+ Net Income: $81,934 pa + GST (Feb 2022)

For Sale by Investment Portfolio Auction

10:30AM (AEDT) Wednesday 15 December 2021

River Room, Crown Casino, Melbourne

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

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3. Property Location

JAX Tyres & Auto, 98-100 Koroit Street, WARRNAMBOOL, VIC, 3280

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4. Due Diligence

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JAX Tyres & Auto, 98-100 Koroit Street, WARRNAMBOOL, VIC, 3280 Warrnambool
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