Stonebridge National Investment Sales is pleased to present to the market 'AMX Morayfield' for sale via National Portfolio Auction to be held on Friday, 28 October 2022 at 11am (AEDT).
The asset has the following key investment features:
- 15 year net lease to June 2033^ with highly sought after CPI annual rent increases
- AMX Superstores Wholly owned subsidiary of New York Stock Exchange listed GPC (NYSE: GPC), the largest automotive parts supplier in Australia and New Zealand, operating 449 AMX and Repco stores and boasting a $32.62 billion* market capitalisation
- Modern 678 sqm* retail showroom in the 'Morayfield Mega Centre', alongside national tenants Autobarn, 99 Bikes, Eureka Furniture, Fernwood Fitness and Independent Living Specialists
- Prominent building and totem signage boasting massive exposure to key arterial, Morayfield Road, experiencing 31,350+* vehicles daily
- Strategic location along Morayfield's 'Magic Mile', home to a plethora of national retailers including Bunnings, BCF, Harvey Norman, Officeworks, Woolworths and ALDI, with neighbouring Shell Coles Express under construction
- Highly accessible position just 5 minutes* from the Bruce Highway (113,860+ vehicles daily*), utilising signalised four-way intersection to provide access to over 115 carparks
- Morayfield Key retail and commercial hub 35 km* from the Brisbane CBD, part of the rapidly expanding Moreton Bay region, population forecast to balloon over 40%* to 690,000+ residents by 2041
- Net Lease Tenant pays all outgoings excluding Land Tax
- Net Income $114,145 pa* + GST
*Approximate
^Includes 3-year break intervals
'AMX Morayfield' is for sale via National Portfolio Auction to be held on Friday, 28 October at 11am (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 505
