The Automotive Collection - Perth Car Dealership Portfolio
Total Rent of $2,463,835* pa
Six year WALE** plus options to 2047
4 prominent locations comprising 3,0445h
Savills and Burgess Rawson, as joint selling agents, are pleased to offer for sale The Automotive Collection - A Perth Metropolitan portfolio comprising four prominent car dealership properties, with a six year WALE, underpinned by Automotive Holdings Group Limited, a subsidiary of Eagers Automotive Limited.
This car dealership portfolio is fully leased until July 2027, with options until July 2047. Consisting of prominent sites, this land rich portfolio comprises a total land area of 3.0445ha, annual rent of approximately $2,463,835 with an attractive net lease structure and 4% fixed annual rent reviews, except for ratchet market rent reviews capped at 15% every 5 years. Three of the the four properties are located in Rockingham with the forth being in Midland Town Centre.
1 Carlston Road, Rockingham WA 8-10 Smeaton Way, Rockingham WA 12 Smeaton Way, Rockingham WA 326 Great Eastern Highway, Midland WA
The properties are being marketed for sale by Expressions of Interest individually, or in one line, closing 2.00pm (AWST) on Thursday 2 September 2021.
For further information on this outstanding investment offering, please contact the joint selling agents.
