JLL is pleased to present to the market, 36-52 Duckworth Street - a modern, multi franchise automotive dealership with purpose-built showrooms, office and workshop facilities; and significant hard stand area for vehicle display.
The property is being offered for sale via Expressions of Interest closing Thursday, 19 March 2021 at 4pm (AEST).
Modern multi franchise dealership and service facility leased to Eagers Automotive (ASX:APE)
Net income $1,755,343* p.a. + GST with 5.3* year WALE
Favourable triple net lease structure with 3% fixed annual reviews
Modern showroom, offices and workshop facilities across 7,167sqm GLA
Significant 34,730sqm prominent corner site in strategic location