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9/256 Bolton Street, ELTHAM VIC, 3095

Sold
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Property Sold in 9/256 Bolton Street, ELTHAM VIC, 3095

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11388929
Status:
Sold
Last Updated:
25/02/2021
Price:
Price on Request
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Property Type

Showrooms/Bulky Goods/Retail/Offices
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Land Area

1157 SQM
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Floor Area

1157 SQM
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Parking

N/A

High Exposure Auto Retail Investment

+ 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

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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