43-45 Drayton Street Dalby QLD 4405
- Showrooms / Bulky Goods
- 2,563 m²
- For Sale, $6,600,000
AP Eagers Leased Investment - $3.13 Billion Market Cap
The LJ Hooker Commercial QLD Investment Team are delighted to present the Black Toyota Dalby the market for sale.
Underpinned by a 10-year lease to Australias Largest Car Dealership Group, AP Eagers, this asset offers the astute investor the rare opportunity to acquire a high yielding regional investment that offers cash flows underpinned by a tenant that has a proven track record in providing automotive solutions to both private and corporate consumers.
AP Eagers has 250 dealerships throughout Australia and New Zealand, annual revenues exceeding $3.0 billion per annum and over 8,000 employees. The company is also listed on the Australian Securities Exchange and has grown to a market capitalisation of $3.13 billion.
- Leased to AP Eagers (ASX:APE)
- Triple net 10-year lease to 2024 with options until 2034
- Outgoings 100% payable by the tenant
- Annual rental reviews
- Exceptional showroom, display yard and workshop facilities
- 4,925m² site area
- 40.2m frontage to the Warrego Highway
- Located in Dalbys core commercial precinct
- 45 onsite car parks
Net Income: $561,927* pa + GST
For further details, a copy of the information memorandum or to organise an exclusive inspection please contact Markus Eames or Daniel Cullinane of the LJ Hooker Commercial QLD Investment Team.
* Leased to AP Eagers (ASX:APE)
* Triple Net 10-Year Lease
* Warrego Highway Frontage
|Floor Area||2,563 m²|
|Land Area||4,925 m²|
|Energy||0-star NABERS Energy rating|
|Parking||45 x Onsite parkings|
|Building Type||Whole building|
|Annual Return||Ask Agent|
|Last updated||3 Nov 2020|