Jones Real Estate is proud to present Building 4, 428 Mt Dandenong Road, Kilysth is For Sale via Private Negotiation.
This remarkable investment opportunity will be sold with a secure lease in place to ASX listed AMA Group, the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $140 million*.
Key highlights of this investment opportunity include:
- A blue-chip tenanted investment opportunity, leased to leading & ASX Listed 'AMA Group' returning $61,007.40 per annum plus GST & Outgoings.
- AMA Group is the leader in the Australian and New Zealand collision repair industry and associated auto parts market with a market capitalisation of $140 million*.
- Rare triple net lease structure with tenant paying 100% of building outgoings including land tax.
- Securely leased with optional terms to 2031 and CPI annual rental increases.
- Total building area of 352sqm* and favourable Industrial 1 Zoning IN1Z.
- High quality and high clearance concrete precast construction with roller shutter door access and 6 car parks on title.
- Victoria holds an impressively low industrial vacancy rate of only 1.3%, highlighting the high demand and limited availability of industrial properties in the region^^.
*Approx.
^^Urbis.com.au Q2 2023.
For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
