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Retail in Sale
Driven Corner Investment on National A1 Highway - Sale's Hyundai, LDV, Renault & Ford Dealership Network
- Building: 1,450m²
- Land: 6,229m²
Additional Information:
FloorplansRay White Commercial proudly presents this prime corner car dealership network within the heart of Sale. Sale Motor Group has been in occupation since 2010 with a recently renewed 5 year lease plus further terms making this a sound investment with future development potential.
The property boasts the following:
- Land area | 6,229m2 approximately
- Building area | 1,450m2 approximately
- High profile Hyundai, LDV, Ford and Renault showroom
- Thriving industry: New car sales are up 34% in last 6 months (source FCAI)
- Service centre and hardstand area
- Favourable zoning | Mixed use with low site coverage
- Return | $240,000 pa net
- Lease 5 years (renewed 1/10/21)
- Annual 3% increases
- Security deposit and personal guarantees under the lease
- Stamp Duty concession of 50% available
Building:
1,450m²
Land:
6,229m² / 1.54 acres
Zone:
Mixed Use
Tenancy:
Tenanted
Categories:
Retail, Showrooms/Bulky Goods, Offices
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