Auto Masters, Tweed Heads/143 Minjungbal Drive Tweed Heads South NSW 2486

Stonebridge National Investment Sales is pleased to present to the market, Auto Masters Tweed Heads for sale via National Portfolio Auction on Wednesday 3rd May 2023 at 11am.

The asset has the following key investment features:

- Secure 5 year head company net lease to 2026 + options to 2041 with fixed 3% annual rent increases

- Auto Masters - Successful Tyre & Auto operator established for over 30 years and boasting 79+ locations nationally

- Longstanding Tyre & Auto location, in operation for over 15 years

- Prime 774 sqm* site in the Northern Rivers' premier retail and industrial precinct, home to a wide array of national tenants including Bunnings, ALDI, BCF, Harvey Norman, Autobarn, KFC, Hungry Jack's, Hyundai, Mazda, Toyota and Volkswagen

- Strong exposure to key arterial, Minjungbal Drive, providing direct access to the Pacific Motorway M1, carrying 67,690+* vehicles daily

- Prominent position along Tweed Heads retail 'Magic Mile', just 150m* from Tweed City Shopping Centre, anchored by Coles, Woolworths, Big W & K-mart, welcoming over 5.5 million* visitors annually

- Modern fit out featuring Auto Masters' latest corporate branding, internal equipment and technology

- Tweed Heads Dynamic NSW region with over $1 billion worth of significant infrastructure projects recently completed or underway and neighbouring Australia's largest non-capital city, the Gold Coast, set to explode to 1.2 million residents by 2050

- Northern Rivers - Premier tourist destination home to world-famous beachfront towns such as Byron Bay, boasting an annual economic output of $34.9 billion+

- Secure Tyre & Auto investment One of Australia's most sought after asset classes due to the sector's resilient outlook, secure covenants and favourable lease structures

- Net Lease - Tenant pays all usual outgoings including Land Tax, Insurance and Repairs & Maintenance

- Lease secured by 3 Month Bank Guarantee & Director's Personal Guarantee

- Net Income $90,177* pa + GST as at 1 June 2023

*Approximately

Auto Masters Tweed Heads is for sale via National Portfolio Auction to be held on Wednesday 3rd May 2023 at 11am.

Please contact the exclusively appointed Stonebridge property professionals for more information.

Property Code: 625