Burgess Rawson is pleased to offer to the market, Goodyear Autocare, Hamilton VIC for sale via our Auction Investment Portfolio 156.
The property has the following investment highlights:
+ Secure 5-year net lease to September 2026 plus one (1) further five (5) year option to 2031.
+ Goodyear Autocare: Wholly owned subsidiary of Goodyear Tyre and Rubber Company (NYSE:GT), operating over 140 sites nationally.**
+ Goodyear Tyre and Rubber Company (NYSE:GT): One of the world's leading tyre companies with annual sales in excess of $15 billion.**
+ Landlord-favourable, net lease terms with tenant responsible for all usual outgoings including building insurance covered by the tenants global cover.
+ Prominent 1,395 sqm* gateway corner site with a combined 80 metres* of street frontage and exposure to 56,400 plus vehicles per week.***
+ Position perfect, with Coles, Woolworths, ALDI, IGA, Kmart, Cheap as Chips, Harvey Norman, McDonald's, KFC, Reece Plumbing, Mitre 10, Repco and various major car dealerships all within 700 metres*.
+ Surrounded by important social infrastructure, including Hamilton Base Hospital, Hamilton Station and 3 schools within 3km servicing over 2,168 full time students.***
+ Hamilton: The main retail and service centre within the South Grampians Shire, servicing a trade catchment of over 16,500 people. ****
+ Potential 50% stamp duty savings.
+ Minimum management, essential service investment.
+ Net Income: $63,196 pa* plus GST
To be sold by Investment Portfolio Auction:
10:30am AEDT Wednesday 26th October 2022
Crown Casino, Melbourne
Please contact our agents below for further information:
Burgess Rawson Melbourne
Jamie Perlinger 0413 860 315
Rick Jacobson 0413 830 083
LMB Livestock & Land
Graeme Linke 0417 321 392
*Approximately
** Goodyear
***GapMaps
****VIC GOV
