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113 Maitland Street Muswellbrook NSW 2333

  • Showrooms / Bulky Goods
  • 1,211 m²
  • Commercial Auction

Brand New Automotive Asset with New 7 Year Lease

  • Prized corner with premium exposure
  • Fixed 3% annual rent increases
  • Net Income $300,000 pa + GST

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

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, McDonalds & KFC
- Landlord friendly Net lease - Tenant pays for all outgoings incl. Land Tax, Management Fees & Repairs & Maintenance of the Landlords property
- Fixed 3% annual rent increases
- Net Income $300,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 29 April at 12 noon at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.

Auction date and time29/04/2021 12:00
Auction locationDoltone House Hyde Park - 3/181 Elizabeth Street, Sydney

Property Highlights

Property ID2016903051
Floor Area1,211 m²
Land Area3,806 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  14 Apr 2021
Map for 113 Maitland Street Muswellbrook NSW 2333
Map for 113 Maitland Street Muswellbrook NSW 2333113 Maitland Street Muswellbrook NSW 2333

Property Highlights

Property ID2016903051
Floor Area1,211 m²
Land Area3,806 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  14 Apr 2021
Cushman & Wakefield Brisbane
Level 11, 123 Eagle Street Brisbane City QLD 4000

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