8-10 & 12 Smeaton Way Two Prominent Car Dealerships
Total Rent of $988,791* pa
5.75 WALE** plus options to 2047
Prominent locations comprising 1.4815h
Savills and Burgess Rawson, as joint selling agents, are pleased to offer for sale 8-10 & 12 Smeaton Way, Rockingham a premier offering comprising two car dealership properties, with a 5.75 year WALE**, underpinned by Automotive Holdings Group Limited, a subsidiary of Eagers Automotive Limited.
The properties are fully leased until July 2027, with options until July 2047. Consisting of prominent sites, this offering comprises a total land area of 1.4815ha, annual rent of approximately $988,791, with an attractive net lease structure and 4% fixed annual rent reviews, except for ratchet market rent reviews capped at 15% every 5 years.
8-10 Smeaton Way, Rockingham WA 12 Smeaton Way, Rockingham WA
These outstanding investment offerings are being marketed for sale by Offers to Purchase individually, or in combination..
For further information on this outstanding investment offering, please contact the joint selling agents.
