98-100 Koroit Street Warrnambool VIC 3280

Showrooms / Bulky Goods
380 m²
Sold

Immaculate JAX Tyres & Auto - New 7 Year Lease to 2026

+ 7 year lease to January 2026 plus options to 2036
+ JAX Tyres & Auto: wholly owned entity of Hankook Tire (KRX Listed) with a market cap of over $7 Billion
+ Annual rent reviews and market review at option
+ Extensive capital intensive refurbishment in 2019 with branding upgraded in 2021
+ 483sqm freehold title with 23 metre frontage and exposure
+ Commercial 1 zoning suits premium retail
+ Strategic position central to Warrnambool's CBD and automotive precinct
+ Warrnambool: Victoria's largest coastal city (outside Port Phillip Bay) with a growing trade catchment area of 100,000
+ Net Income: $81,934 pa + GST (Feb 2022)

For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 15 December 2021
River Room, Crown Casino, Melbourne

AUCTION

Auction date and time	15/12/2021 10:30
Auction location	98-100 Koroit Street, Warrnambool VIC

Property Highlights

Date Sold	15 Dec 2021
Floor Area	380 m²
Land Area	483 m²
Parking	Ask Agent
Property ID	2017423553
Category	Showrooms / Bulky Goods Factory, Warehouse & Industrial Shop & Retail
Last updated	21 Dec 2021

Map for 98-100 Koroit Street Warrnambool VIC 3280

Property Highlights

Date Sold	15 Dec 2021
Floor Area	380 m²
Land Area	483 m²
Parking	Ask Agent
Property ID	2017423553
Category	Showrooms / Bulky Goods Factory, Warehouse & Industrial Shop & Retail
Last updated	21 Dec 2021