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113 Maitland Street
Muswellbrook NSW 2333
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Sold on 30 Aug 2021

113 Maitland Street Muswellbrook NSW 2333

  • Showrooms / Bulky Goods
  • 1,211 m²
  • Sold

Under Contract - Brand New Automotive Asset with New 7 Year Lease

  • Prized corner with premium exposure
  • Fixed 3% annual rent increases
  • Net Income $309,000 pa + GST

Cushman & Wakefield is pleased to present to the market 113 Maitland Road (New England Highway), Muswellbrook for Sale via Offers to Purchase.

The property has the following key characteristics:

- New 7 year lease to 2027 + option to 2032
- Muswellbrook Toyota & Isuzu Ute - Award winning Automotive dealership network with 8 locations & 15 hire car depots. One of the largest privately owned truck & agricultural dealership networks in QLD & NSW
- Prized corner with premium exposure on large land holding 3,806 sqm zoned 'Local Centre' with 175 metre street frontages
- 1,211 sqm facility features a brand new showroom complimenting a renovated workshop in 2020 offering strong depreciation benefits
- Strategic New England Highway location, the main thoroughfare through Muswellbrook & home to major tenants incl. Woolworths, IGA, NAB, McDonald's & KFC
- Landlord friendly Net lease - Tenant pays for all outgoings incl. Land Tax, Management Fees & Repairs & Maintenance of the Landlord's property
- Fixed 3% annual rent increases
- Net Income $309,000 pa + GST

For more information please contact the Exclusive Property Professionals at Cushman & Wakefield.

Property Highlights

Date Sold30 Aug 2021
Floor Area1,211 m²
Land Area3,806 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2016903051
Category
Last updated  11 Oct 2021
Map for 113 Maitland Street Muswellbrook NSW 2333

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Property Highlights

Date Sold30 Aug 2021
Floor Area1,211 m²
Land Area3,806 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2016903051
Category
Last updated  11 Oct 2021
Level 22/1 O'connell St Sydney NSW 2000

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