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8-12 Smeaton Way
Rockingham WA 6168
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Sold on 21 Apr 2022

8-12 Smeaton Way Rockingham WA 6168

  • Factory, Warehouse & Industrial
  • 1 - 14,815 m²
  • Sold

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.

*Approximately
**As at 1 November 2021

Property Highlights

Date Sold21 Apr 2022
Floor Area1 - 14,815 m²
Land Area2 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017367134
Category
Last updated  26 Apr 2022
Map for 8-12 Smeaton Way Rockingham WA 6168

Property Highlights

Date Sold21 Apr 2022
Floor Area1 - 14,815 m²
Land Area2 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017367134
Category
Last updated  26 Apr 2022
Level 27/108 St Georges Tce Perth WA 6000

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