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.
326 Great Eastern Highway, Midland WA 1 Carlston Road, Rockingham WA 8-10 Smeaton Way, Rockingham WA 12 Smeaton Way, Rockingham 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.
